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Topic: [XMR] Monero Speculation - page 846. (Read 3314350 times)

sr. member
Activity: 248
Merit: 250
February 15, 2017, 02:42:09 PM
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 15, 2017, 02:26:03 PM
XMR can't lose because anonymity and fungibility is the the raison d'etre of cryptocurrency. People just haven't realized it yet.

there is no doubt XMR has the best Tech in a trustless setup ATM, but sometimes that is not enough. Now that the gui is available all these whales need to pony up and get the infrastructure going. I wish I wasn't laid up, Ive had a great Idea and bought a Domain so long ago and just havn't had the drive to get it done.

Before anyone jumps in and says but everything gets funded, thats not what I mean at all.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 15, 2017, 02:12:44 PM
How would BTC ETF approval next month affect XMRBTC and XMRUSD over the next 3 months & the next year?

The ETF will amplify BTC volatility, which means increasingly noisy price signals for Monero in the short/mid term.

But that's not important.

The key new fundamental here is the looming probability/inevitability of Monero ETFs.

Silbert already made one for ETC.  XMR is part of ICONOMI and should be part of Polychain Capital, etc.   Cool


I don't think this is going to help BTC's EFT at all.

https://www.wsj.com/articles/lawyer-linked-to-martin-shkreli-arrested-on-fraud-charge-1450393836
https://www.fbi.gov/contact-us/field-offices/newyork/news/press-releases/former-hedge-fund-manager-and-new-york-attorney-indicted-in-multi-million-dollar-fraud-scheme

BTW OS2 was far superior to windows and lost do to IBM overpricing at launch as well.

It's more complicated than that.

Win 3.0 was bundled with PCs.  IBM wouldn't support non-IBM peripherals. And so on...  (https://en.wikipedia.org/wiki/OS/2#1990:_Breakup)

The best version of OS2 is called "Windows NT" (which I ran for almost a decade and sorely miss).   Cheesy

No Win Nt was not available for about 5 years after os2 and was primarily used for business (no directx and no backward comparability to win9x). That means no real mode driver support if you know what that is. The same thing that wiki is crying that OS2 lacked.

0s2 was a complete 32bit OS win 3.1 was 16bit layer ontop of a 8bit dos layer. Os2 did support non IBM peripherals I have no clue what your talking about there, they were just not already prewritten for the thousands of products. Any thing that was x86 compatible could have a driver written with little effort. BTW the 8088 was a 16bit chip with a 8bit address, 80286 had a 16bit address, 3086DX was 32 while the SX was 16, 486 SX/DX 32bit (SX had co-processor disabled). And thats off the top of my head so go wiki them and see if i'm right.

Wasting your time reading wiki's to make an argument is foolish, I was there and had been professionally in the market for years at that time and was one of the first 4 IBM and MAchintsh certified techs in my state. I have a clue.

From your wiki
Quote
The collaboration between IBM and Microsoft unravelled in 1990, between the releases of Windows 3.0 and OS/2 1.3. During this time, Windows 3.0 became a tremendous success, selling millions of copies in its first year.[13] Much of its success was because Windows 3.0 (along with MS-DOS) was bundled with most new computers.[14] OS/2, on the other hand, was available only as an expensive stand-alone software package. In addition, OS/2 lacked device drivers for many common devices such as printers, particularly non-IBM hardware

Lacking a driver does not equate to "wouldn't support". W3.1 was priced into every system when you bought it as per M$ licensing so you had to but Os2 separate that was a massive hurdle to adoption. Gates really screwed the world on this as well as many other tech stifling moves and WFW3.1 put the nail in the coffin as it was practically free and the Os2 equivalent was Approx $890 or so. BTW back then M$ wanted their OS pirated and intentionally left it that way so users could use it at home and business would adopt it because there work force was already trained with it. That was a very smart strategy on M$'s part.  BTW I was setting up all M$ OS's since M$ began.
hero member
Activity: 608
Merit: 509
February 15, 2017, 02:09:27 PM

... anonymity and fungibility is the the raison d'etre of cryptocurrency.


... I want to emphasize again that just saying fungibility is probably enough, when talking to people about Monero.

IMHO the "anonymity" element is still too polarizing and can be used too much as a red herring argument to try and discredit the value of TRUE DIGITAL CASH as "something that's only good for criminals pedophiles and terrorists".

So, hey! Let's not even give 'em that opening anymore, am I right?

If you have full true fungibility then you're gonna get anonymity too, basically just by default.  Ya can't have it any other way really, even if someone doesn't particularly care, or thinks they don't necessarily WANT anonymity for whatever incorrect reason they believe in.

Ya just have to take the "good" (fungible/anonymous) with the "bad" (anonymous/fungible) LOL

When talking about what makes something an honest-to-god actual "currency" it's not really possible to argue *against* having fungibility... not at least without looking stupid.

So, to me... that's enough.  IMHO we should not even bother trying to "sell" anon as a good thing any more.  People either already KNOW that, or they won't be convinced no matter how much we try. 

But the fungibility SALE is an easy slam dunk Smiley
newbie
Activity: 56
Merit: 0
February 15, 2017, 01:27:17 PM
XMR can't lose because anonymity and fungibility is the the raison d'etre of cryptocurrency. People just haven't realized it yet.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 15, 2017, 01:16:41 PM
How would BTC ETF approval next month affect XMRBTC and XMRUSD over the next 3 months & the next year?

The ETF will amplify BTC volatility, which means increasingly noisy price signals for Monero in the short/mid term.

But that's not important.

The key new fundamental here is the looming probability/inevitability of Monero ETFs.

Silbert already made one for ETC.  XMR is part of ICONOMI and should be part of Polychain Capital, etc.   Cool


BTW OS2 was far superior to windows and lost do to IBM overpricing at launch as well.

It's more complicated than that.

Win 3.0 was bundled with PCs.  IBM wouldn't support non-IBM peripherals. And so on...  (https://en.wikipedia.org/wiki/OS/2#1990:_Breakup)

The best version of OS2 is called "Windows NT" (which I ran for almost a decade and sorely miss).   Cheesy
sr. member
Activity: 332
Merit: 250
February 15, 2017, 12:59:19 PM


My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?


Already mostly exists... Zeronet

Google " zeronet zerohello proxy" its free and already exists

Zerohello is a good viewing window without having to dl anything.

https://bit.no.com:43110/1HeLLo4uzjaLetFx6NH3PMwFP3qbRbTf3D
hero member
Activity: 608
Merit: 509
February 15, 2017, 11:43:30 AM

My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?


What you wrote there pretty much describes MaidSafe.

Thing is... they have not gotten to the actual implementation part of the SafeCoin yet so I could see some scenario where SAFE actually could maybe implement Monero on top instead.  Or in addition to, same as how BTC and XMR may happily co-exist each serving a specific niche need (open transparent gold store of value and closed private secure cash transaction medium, respectfully).

One of the biggest interesting things about MaidSafe to me is that its crypto SafeCoin doesn't have or need ANY "blockchain" (since apparently the native file storage architecture of serverless websites IS the "hard disk" itself, so the "blockchain" will just live on that.

Or... something like that.  LOL.  

I still don't fully grok exactly what those guys are doing but I bought into it a few years ago in their crowdsale for like 4 cents per MaidSafeCoin.  I put just ONE bitcoin into it back then, totally on a whim, just because I was impressed that they're trying to build something SO AMBITIOUS.  So far MaidSafeCoin is my second-best performing crypto investment, beaten only by Monero after XMR's stellar 2016 performance Smiley

Anyway sorry for the derail again... back to Monero Speculation.

You guys think THIS bump last couple days is really the launch of our expected SPRING RALLY...?  Or is this a head-fake and still too early?
pa
hero member
Activity: 528
Merit: 501
February 15, 2017, 11:39:38 AM
But let's not pointlessly argue.

No, instead, let pointfully recognize how friggin awesome Monero is.

I mean I still don't get peoples hurdle to it. Then again, I talk to people that don't get Bitcoin, so its not that far of  stretch to imagine that monero is impossible to understand.

I mean, how did the Internet become popular? Its a set of protocols, and the protocols provide information. People apparently love information. Can;t get enough of it.

Cryptocurrencies are different though. Its a similar breakthrough in protocol and ability - but much like the original software was possibly never imagined to do the things its doing now, wtf will monero be doing?

My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?

I love this idea. Would be a new basis for freedom of speech and association and commerce.
full member
Activity: 220
Merit: 100
February 15, 2017, 10:49:03 AM
+1.

Bought some ETH + XMR.

It was pretty quiet last months, it's time to see some movements in ALTs.
newbie
Activity: 56
Merit: 0
February 15, 2017, 10:36:58 AM
Kraken news was from January 2.

Is it dumb to buy more into this rally?

Who thinks this rally is taking us above 0.014?


There will come a point when Ethereum is still not functional and  sentiment will collapse. Ethereum doesn't even solve anything. I'm happy with the service Uber and air b n b and eBay provide. They don't steal my money the way the government does through inflation. When someone tries to rip me off on eBay, eBay refunds my money. Trusted third party in currency corrupts absolutely. Trusted third such as eBay, Uber etc is kept reliable/competitive by the marketplace (i.e. Lyft )....
full member
Activity: 186
Merit: 100
February 15, 2017, 06:55:54 AM
Any reason for the price surge yet?
It is always the same reason for every coin since the first mined bitcoin - S.P.E.C.U.L.A.T.I.O.N
legendary
Activity: 2604
Merit: 1748
February 15, 2017, 05:17:16 AM
Two legs up, next one goes over 0.14 if the pattern repeats.

Should be inside 12 hours... Buy side needs to increase - it's still under 2K in spite of volume hike to daily 3K in volume (on Polo).

Less coins than usual in a drive up, but maybe there's more in wallets and on other exchanges now.  Supply on Polo is only just over 200K - but on exchange buy orders do not exceed this in purchasing power, which is usually the indicator of a rise coming.

Watching with interest.  Any positive news now will see a lot of green.
sr. member
Activity: 270
Merit: 250
February 15, 2017, 05:10:10 AM
Any reason for the price surge yet?
legendary
Activity: 2604
Merit: 1748
February 15, 2017, 05:08:21 AM
We just popped over Litecoin's market cap into no. 4 position...

Awesome news, I'm speculating/hoping that XMR will be 2nd or 3rd in respect to market cap by the end of the year.

25% up from here (ish) takes us over Ripple, into 3rd.

Ethereum would take a hell of a lot more to top, an over 600% increase in price.

I will settle for a comfortable third. Second place is way down the line, only a collapse in sentiment for ETH along with a good rise in XMR would see this come to fruition.
legendary
Activity: 1484
Merit: 1029
February 15, 2017, 04:16:22 AM
We just popped over Litecoin's market cap into no. 4 position...

Awesome news, I'm speculating/hoping that XMR will be 2nd or 3rd in respect to market cap by the end of the year.
hero member
Activity: 795
Merit: 514
February 15, 2017, 03:48:36 AM
But let's not pointlessly argue.

No, instead, let pointfully recognize how friggin awesome Monero is.

I mean I still don't get peoples hurdle to it. Then again, I talk to people that don't get Bitcoin, so its not that far of  stretch to imagine that monero is impossible to understand.

I mean, how did the Internet become popular? Its a set of protocols, and the protocols provide information. People apparently love information. Can;t get enough of it.

Cryptocurrencies are different though. Its a similar breakthrough in protocol and ability - but much like the original software was possibly never imagined to do the things its doing now, wtf will monero be doing?

My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?
legendary
Activity: 2604
Merit: 1748
February 15, 2017, 03:42:56 AM
We just popped over Litecoin's market cap into no. 4 position...
full member
Activity: 161
Merit: 100
<3 Crypto
February 15, 2017, 03:34:53 AM
XMR/BTC is back on track!  Cool
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