[XMR] Monero Speculation - page 842.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: smoothie on February 19, 2017, 09:42:28 PM

Quote from: KeyJockey on February 19, 2017, 09:04:07 PM

Yeah DASH going up while HoneyPony seems stagnant is frustrating to be sure... especially for me as I did used to own some Dash (not near as much XMR though) and I dumped it a while back trying to consolidate things. Oh well.

However let's remember here: which major end-user visible crypto exchange company is very likely to be just about to add Monero as their third coin (cough coinbase? cough) and most likely they're NOT adding Dash any time soon...? Have you guys really thought thru *exactly* what that kind of visibility and IMPACT is really going to mean, when it happens? Remember it's only the THIRD coin that they're adding... after BTC, ETH and then... XMR!!!

I know I know, don't count chickens till they hatch etc etc but just saying... if/when stuff like that's gonna happen to XMR these little competitive squabbles over a little DarkCoin pumpin' & dumpin' will be just amusing to look back on in this thread Grin

Technical quality and infrastructure MATTERS!!! Stay the course...

Does anyone remember when Coinbase added ETH?

I don't follow their site much.

I think it was right before the DAO implosion.

CTTE

full member

Activity: 227

Merit: 100

Quote from: Johnny Mnemonic on February 19, 2017, 10:02:21 PM

Quote from: smoothie on February 19, 2017, 09:42:28 PM

...

Does anyone remember when Coinbase added ETH?

I don't follow their site much.

IIRC it was toward the end of a massive pump, and the price and volume were already near all-time highs. I'm not sure the addition to Coinbase resulted in any significant movements beyond that.

So, how do we know that the massive pump was not the prelude to Coinbase adding ETH or was maybe caused by insiders knowing that they were about to add it. In the crypto world there doesn't seem to be any real "watchdog" so to speak that would stop or maybe even prohibit someone making a ton of money with insider information. Am I totally wrong in thinking that if there were any large entities or whales that somehow knew about it, that the buying would be pretty aggressive, especially with possibly a shorter timeframe?

Sometimes, if you want to catch some fish, it pays to follow the whales...

rangedriver

hero member

Activity: 714

Merit: 504

Quote from: KeyJockey on February 19, 2017, 09:04:07 PM

Yeah DASH going up while HoneyPony seems stagnant is frustrating to be sure... especially for me as I did used to own some Dash (not near as much XMR though) and I dumped it a while back trying to consolidate things. Oh well.

However let's remember here: which major end-user visible crypto exchange company is very likely to be just about to add Monero as their third coin (cough coinbase? cough) and most likely they're NOT adding Dash any time soon...? Have you guys really thought thru *exactly* what that kind of visibility and IMPACT is really going to mean, when it happens? Remember it's only the THIRD coin that they're adding... after BTC, ETH and then... XMR!!!

I know I know, don't count chickens till they hatch etc etc but just saying... if/when stuff like that's gonna happen to XMR these little competitive squabbles over a little DarkCoin pumpin' & dumpin' will be just amusing to look back on in this thread Grin

Technical quality and infrastructure MATTERS!!! Stay the course...

It would have helped if the whole XMR vs DASH meme wasn't unnecessarily brought back from the dead.

In Monero's early days Bytecoin went to numerous lengths to FUD Monero with a view to destroy it. This inevitably led to a war of words: Bytecoin would attack with sockpuppets and Monero would spend precious intellectual resources defending itself and criticising Bytecoin. The situation led to a risk of creating a BCN vs XMR meme that would have (1) exhausted everyone (2) continued to make Bytecoin appear relevant and (3) allowed Darkcoin to sail unscathed into the sunset giving it the network effect.

Thankfully the community wised up.

Bytecoin was thereafter strategically ignored, Darkcoin was strategically challenged, and soon everyone was talking in terms of DRK vs XMR - a clever move which slowed the growth of DRK, accelerated the growth of XMR while starving BCN of oxygen and letting it slowly wither into a pile of potatoes.

When Monero ascended Dash on the marketcap, ideally Dash should have just been ignored from then on. Any strategic debate should have focussed on XMR vs zKSNARKS.

The XMR vs DASH meme only benefits DASH at this point.

Johnny Mnemonic

hero member

Activity: 795

Merit: 514

Quote from: smoothie on February 19, 2017, 09:42:28 PM

Quote from: KeyJockey on February 19, 2017, 09:04:07 PM

Yeah DASH going up while HoneyPony seems stagnant is frustrating to be sure... especially for me as I did used to own some Dash (not near as much XMR though) and I dumped it a while back trying to consolidate things. Oh well.

However let's remember here: which major end-user visible crypto exchange company is very likely to be just about to add Monero as their third coin (cough coinbase? cough) and most likely they're NOT adding Dash any time soon...? Have you guys really thought thru *exactly* what that kind of visibility and IMPACT is really going to mean, when it happens? Remember it's only the THIRD coin that they're adding... after BTC, ETH and then... XMR!!!

I know I know, don't count chickens till they hatch etc etc but just saying... if/when stuff like that's gonna happen to XMR these little competitive squabbles over a little DarkCoin pumpin' & dumpin' will be just amusing to look back on in this thread Grin

Technical quality and infrastructure MATTERS!!! Stay the course...

Does anyone remember when Coinbase added ETH?

I don't follow their site much.

IIRC it was toward the end of a massive pump, and the price and volume were already near all-time highs. I'm not sure the addition to Coinbase resulted in any significant movements beyond that.

nanobrain

legendary

Activity: 1008

Merit: 1000

Dumb broad

Quote from: explorer on February 19, 2017, 12:54:03 PM

Quote from: kurious on February 19, 2017, 08:54:33 AM

Quote from: nanobrain on February 19, 2017, 05:40:57 AM

DO you remember the user who used to hang out in Adams thread a few years back and his opinion vacillated wildly from day to day, often from post to post and he was constantly winding everyone up with 'doom' or 'moon'? I can't recall his name (driving me bonkers now) but it turned out his account was shared by a number of people living in the same house (well, that was the explanation for the split personality behaviour eventually given).

If it wasn't for the grammar and spelling I'd say it was the same with TC.

You mean Shroomskit? Weird distorted animal icon and forever flailing and raging about the price?

Haha thats the one! The half bird half dog or whatever it was. Schizophrenic account!

YES. Shroomskit...thank you guys that was driving me insane. And the bird/dog avatar thing.
The nutters crypto attracts.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: KeyJockey on February 19, 2017, 09:04:07 PM

Yeah DASH going up while HoneyPony seems stagnant is frustrating to be sure... especially for me as I did used to own some Dash (not near as much XMR though) and I dumped it a while back trying to consolidate things. Oh well.

However let's remember here: which major end-user visible crypto exchange company is very likely to be just about to add Monero as their third coin (cough coinbase? cough) and most likely they're NOT adding Dash any time soon...? Have you guys really thought thru *exactly* what that kind of visibility and IMPACT is really going to mean, when it happens? Remember it's only the THIRD coin that they're adding... after BTC, ETH and then... XMR!!!

I know I know, don't count chickens till they hatch etc etc but just saying... if/when stuff like that's gonna happen to XMR these little competitive squabbles over a little DarkCoin pumpin' & dumpin' will be just amusing to look back on in this thread Grin

Technical quality and infrastructure MATTERS!!! Stay the course...

Does anyone remember when Coinbase added ETH?

I don't follow their site much.

KeyJockey

hero member

Activity: 608

Merit: 509

Yeah DASH going up while HoneyPony seems stagnant is frustrating to be sure... especially for me as I did used to own some Dash (not near as much XMR though) and I dumped it a while back trying to consolidate things. Oh well.

However let's remember here: which major end-user visible crypto exchange company is very likely to be just about to add Monero as their third coin (cough coinbase? cough) and most likely they're NOT adding Dash any time soon...? Have you guys really thought thru *exactly* what that kind of visibility and IMPACT is really going to mean, when it happens? Remember it's only the THIRD coin that they're adding... after BTC, ETH and then... XMR!!!

I know I know, don't count chickens till they hatch etc etc but just saying... if/when stuff like that's gonna happen to XMR these little competitive squabbles over a little DarkCoin pumpin' & dumpin' will be just amusing to look back on in this thread Grin

Technical quality and infrastructure MATTERS!!! Stay the course...

goin2mars.

full member

Activity: 121

Merit: 100

Well yeah, I think thats the intent. To take advantage of the unending stream of loss aversionists. Obviously not 'everyone' but time and time again it has always been enough to stunt XMR buying and scare some of the more susceptible stat based humans.

Personally I tend to just watch the board less every time this whole played-out Dash/Monero facade cycles through and focus on other hobbies.

Nonstop cycle: rise up, short the market until lending is profitless, draw attention to up and ups elsewhere, short the less supported market, weeks of solitide, rise up, repeat.

See ya'll in a few months :p

Johnny Mnemonic

hero member

Activity: 795

Merit: 514

@TC, Ripple is already ahead of Monero in market cap. Why aren't you concerned about that?

Is Dash suddenly offering something new and compelling that renders Monero obsolete? What do you think will happen if Dash's market cap goes above that of Monero? Will everyone suddenly abandon XMR in favor of Dash's tech?

Luxo

newbie

Activity: 46

Merit: 0

The lack of marketing can be seen as a good thing as all the funds that would go to marketing can go to monero development... which is most important because nobody would want to buy an half-assed coin with flaws in it. If you want marketing you can do it on your own as it is an open-source project.

For those who want to make money off Monero, patience is what you will need. Monero has not been marketing since the beginning and look where it is now... quite positive and I thought we would go down by a lot more by now. Surprisingly we are still going up (because BTC is going up and XMR is holding its ground) despite no real news. There are things to look forward to this year in regards to monero.

Hold, sit back and try to help Monero spread however you can.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: TrueCryptonaire on February 19, 2017, 01:50:55 PM

Bleep, the Monero premium is only 17 million currently... Cry

I mean seriously, I wonder what's wrong - don't you be worried about this? Especially knowing that it is quite hard to dump Dark coin because it doesn't like to go down much.

I am still holding Moneros but the situation of Dark coin gaining market cap and Monero staying stable is something I guess people should be worried when it comes to the network effect. I do not care so much about my holdings that stays the same pretty much but I am more worried about the lack of marketing which might take us in the bad situation of losing the little network effect Monero has. Who wants to buy an asset that is not rising in the price? I know there are some but I am afraid that group is minority. Undecided

From what you are saying why not sell some of your monero and buy dash. If you own equal parts of each you'll never miss one of the "pumps". (I loathe that terminology) hedge your position. If dash beats out monero you still win.

If you have a reason NOT to do the above then what are you worked up about?

You also constantly talk about lack of marketing. Personally I see this as a FEATURE of monero. But if you want to see it marketed why not pay to have that happen? Though I'd prefer you didn't.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Darkcoin with the huge pre insta mine?

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: TrueCryptonaire on February 19, 2017, 03:11:23 PM

...

Actually no. I have no open trades. I am not a trader but a bagholder of Monero. I try simply to wake people up from the sleep..... If I was trading I would not need to scream this from the roof tops. Simply buying and selling without noise.
The problem of Dark coin pump without Monero pump is the potential loss of network effect.

Given the price history of DASH/XMR https://poloniex.com/exchange#xmr_dash DASH overtaking Monero in market cap is a non event. What really matters here is the long term fundamentals of Monero. Those are strong and getting stronger by the day. As with any crypto currency; however there remains the risk of a complete loss of funds with Monero. I do understand that given the amount of emotion between XMR and DASH that the DASH market cap could be seen as support for XMR and the XMR market cap as resistance for DASH. For this reason I would expect DASH to show resistance around 2 XMR and 0.024 XBT which would cause DASH to test the current Monero market cap, if XMR does not move to the upside before.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: Hueristic on February 19, 2017, 02:18:54 PM

Quote from: TrueCryptonaire on February 19, 2017, 01:50:55 PM

Bleep, the Monero premium is only 17 million currently... Cry

I mean seriously, I wonder what's wrong - don't you be worried about this? Especially knowing that it is quite hard to dump Dark coin because it doesn't like to go down much.

I am still holding Moneros but the situation of Dark coin gaining market cap and Monero staying stable is something I guess people should be worried when it comes to the network effect. I do not care so much about my holdings that stays the same pretty much but I am more worried about the lack of marketing which might take us in the bad situation of losing the little network effect Monero has. Who wants to buy an asset that is not rising in the price? I know there are some but I am afraid that group is minority. Undecided

Back to blatantly preaching your Book again IC, whats the matter need to dump Dark and get back in XMR?

Actually no. I have no open trades. I am not a trader but a bagholder of Monero. I try simply to wake people up from the sleep..... If I was trading I would not need to scream this from the roof tops. Simply buying and selling without noise.
The problem of Dark coin pump without Monero pump is the potential loss of network effect.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: TrueCryptonaire on February 19, 2017, 01:50:55 PM

Bleep, the Monero premium is only 17 million currently... Cry

I mean seriously, I wonder what's wrong - don't you be worried about this? Especially knowing that it is quite hard to dump Dark coin because it doesn't like to go down much.

I am still holding Moneros but the situation of Dark coin gaining market cap and Monero staying stable is something I guess people should be worried when it comes to the network effect. I do not care so much about my holdings that stays the same pretty much but I am more worried about the lack of marketing which might take us in the bad situation of losing the little network effect Monero has. Who wants to buy an asset that is not rising in the price? I know there are some but I am afraid that group is minority. Undecided

Back to blatantly preaching your Book again IC, whats the matter need to dump Dark and get back in XMR?

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Bleep, the Monero premium is only 17 million currently... Cry

I mean seriously, I wonder what's wrong - don't you be worried about this? Especially knowing that it is quite hard to dump Dark coin because it doesn't like to go down much.

I am still holding Moneros but the situation of Dark coin gaining market cap and Monero staying stable is something I guess people should be worried when it comes to the network effect. I do not care so much about my holdings that stays the same pretty much but I am more worried about the lack of marketing which might take us in the bad situation of losing the little network effect Monero has. Who wants to buy an asset that is not rising in the price? I know there are some but I am afraid that group is minority. Undecided

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: kurious on February 19, 2017, 08:54:33 AM

Quote from: nanobrain on February 19, 2017, 05:40:57 AM

DO you remember the user who used to hang out in Adams thread a few years back and his opinion vacillated wildly from day to day, often from post to post and he was constantly winding everyone up with 'doom' or 'moon'? I can't recall his name (driving me bonkers now) but it turned out his account was shared by a number of people living in the same house (well, that was the explanation for the split personality behaviour eventually given).

If it wasn't for the grammar and spelling I'd say it was the same with TC.

You mean Shroomskit? Weird distorted animal icon and forever flailing and raging about the price?

Haha thats the one! The half bird half dog or whatever it was. Schizophrenic account!

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: ccccccc7 on February 19, 2017, 11:14:13 AM

Quote from: kurious on February 19, 2017, 03:11:24 AM

I think the answer is pretty obvious - Dash is inferior for reasons anyone who knows about it is aware of. This fact makes it impossible to prefer. One can look at its marketing and say it looks good, yes - but it is not the measure of a coin for anyone who looks beyond the superficial.

I have no idea about Dash as I stupidly skipped over the whole 2014-2016 x11 mining period and have presumed x11 coins are shit coins and I've given them 0 attention.

Why is Dash exactly inferior? The price is rising and there is some buzz or whatever around the coin atm

i think you should ask this question to Dash thread, this is Xmr thread and not Dash. so no one here will tell you the truth about Dash.

ccccccc7

full member

Activity: 223

Merit: 100

Quote from: kurious on February 19, 2017, 03:11:24 AM

I think the answer is pretty obvious - Dash is inferior for reasons anyone who knows about it is aware of. This fact makes it impossible to prefer. One can look at its marketing and say it looks good, yes - but it is not the measure of a coin for anyone who looks beyond the superficial.

I have no idea about Dash as I stupidly skipped over the whole 2014-2016 x11 mining period and have presumed x11 coins are shit coins and I've given them 0 attention.

Why is Dash exactly inferior? The price is rising and there is some buzz or whatever around the coin atm

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: kurious on February 19, 2017, 03:11:24 AM

Quote from: TrueCryptonaire on February 19, 2017, 02:27:07 AM

I am afraid FUDding Darkcoin has not been proven to be a good strategy. Dark coin is not a dead coin but it is rising and there is still people buying it despite there have been a ton of FUDders....
I am not saying we should not warn noobs from investing into it but the excessive FUDding storm may not help... The problem with XMR is the lack of marketing and hype which Dark coin seem to have all the time. That's the reason why it is pretty hard to compete with it.

Pretty hard to compete? We have a significantly larger market cap.

Quote from: TrueCryptonaire on February 19, 2017, 02:27:07 AM

You do not sell your products unless you do not repeat the good news about it.
You know, the same energy that is targeted to the FUDding Dark coin can be channeled into the positive hype and pump of Monero.
Which coin you would personally buy: a coin that has a marketing plan and therefore holds/increases its value or a coin that is a super technically and non-marketed and therefore is under the risk of the death?

I think the answer is pretty obvious - Dash is inferior for reasons anyone who knows about it is aware of. This fact makes it impossible to prefer. One can look at its marketing and say it looks good, yes - but it is not the measure of a coin for anyone who looks beyond the superficial.

Complaining about marketing is one thing, although coming from someone who has said he does not believe in donating to support Monero projects it is slightly ironic. Suggesting we struggle to compete and should be 'more like' dash and use 'hype and pump' tactics is just silly.

Significiantly = 20 million usd.

Topic: [XMR] Monero Speculation - page 842. (Read 3314350 times)