Topic: [XMR] Monero Speculation - page 861. (Read 3314350 times)

Respectfully - paid shills is beneath Monero - so I disagree with this.  And we don't 'pump' Monero, it responds to market sentiment and news.

As for funding - whenever the devs have requested funding for development projects it has been funded pretty quickly by Monero supporters this far.

I am sure specific marketing efforts will be similarly received and supported in future, too. We are not exactly struggling in terms of what the devs have done to develop Monero. Anyone who bought more than a few months ago has seen an appreciation in their net worth because of it.

This cannot be said of most coins. And even the rise in BTC was not as good in 2016 as the rise in Monero.

Let's count our blessings, eh?

I adore hardware wallets, bitcoin Trezor especially is something I like very much. Sure it is a little bit expensive but it is a cheap insurance against hackers - 100 usd and you are safe pretty much "the rest of your life".

I couldn't disagree more on this.
You are saying in indirect manner that everybody who needs Monero will found it.
You are forgetting that the most people are not like you - they are average Joe's watching TV, drinking diet coke and eating processed food and when they go to pick up the daily mail they take a car/rollator to do so. Still, they might have a need for Monero.
Those people are going to find Monero only when they hear it from the sources they are following. Despite the project might speak for itself, the problem is that people who need it cannot hear the speech.

There are different ways how to get publicity... One way is to pump the price and people start discussing about Monero everywhere and even mainsteam media starts to pay attention to it and the community will grow.
The second approach is the way the Dark coin community does: They have hired "shills" to make sure people speak about it.

Wow. Precious stuff! This is the first time in all these years where a coin gets a BTC shill! Wow just wow. Monero is rattling some cages. Dont worry BTC is still King.

No, we all do not *know* stuff like this is going to be impacting BTC adoption and actual real-world *use* more and more over time. Speak for yourself, nobody elected you to speak on their behalf, and don't present your personal opinion as if it was anything better than just that. Over time everybody will have "tainted" bitcoins so your little theory is baseless. Besides, there is nothing easier than to launder your "tainted" bitcoins through any exchange, or just use any mixer.

Not a bad idea. Could be held back until someone comes through with a hardware wallet for Monero. I know Ledger is working on one but no ETA.

I think there's a 4th basic category of user adoption, which has not gotten very large yet *but* IMHO could potentially become the biggest one of all.

Let's call them...

4) The FungibiliFreaks 

These would be bitcoin users who have been bitten by BTC's lack of true fungibility, i.e. people who have had a coinbase account closed on them due to 'tainted' coins coming into their wallet from 4+ hops earlier, etc., even if they themselves never did anything questionable at all.  Stuff like this that we all *know* is going to be impacting BTC adoption and actual real-world *use* more and more over time, especially as the so-called "chainalysis" gets stronger.

Personally, I am not doing it yet, myself, but more and more I feel like I may be turning into a FungibiliFreak, LOL 

What I mean by this is: lately I've been thinking that the best way to manage all my crypto-currency use the BEST way, is gonna be to simply keep nearly all of it in Monero, at first, and only quickly "flip over" some XMR, to BITCOIN, whenever I need it to be spendable... something like that.  And then, when buying-back the BTC I've spent, before ever *using* it, I'd always FIRST put it BACK into the MONERO stash!

Doing things this way, basically means XMR's fungibility is front-and-center, making all my crypto use "as good as cash", since any Bitcoin in my wallet was always first acquired "clean" from an untrackable Monero source (even if it's just a few dollar's worth, quickly and simply on Poloniex or thru ShapeShift).

This would mean BTC only, small amounts, kept in a daily-use spendable wallet, but my REAL WEALTH stored in "bulk", long-term, safely, quietly, and privately in MONERO.

What do you guys think...?  Anyone else feel like they may be turning into a FungibiliFreak...?  OR maybe you already *know* you ARE one?? LOL

Great post. I always say ( since 2014 ), marketing is a cool thing but in the end it is selling something, a real good project DOES NOT need that, the project will speak for itself and people will see little by little. For the moment seems i was right as we got a DNM, Finex, Kraken and many more things propably to come.... all WITHOUT marketing budget... just the project and its community speaking for itself... demand comes not from sales pitching, but from real need.

@coinling https://github.com/monero-project/monero... there you can see the Donation Adress btw shouldnt that change for 2017 or did it already?

Really like this post.
I think marketing just pushes something further than it is at the moment. Otherwise it would spread automatically.
The marketing it gets for real adoption/development etc. is definitely enough and will be even better in the longrun.
This hype pump/dump is not healthy at all, although it is some kind of natural and will help adoption as well but i like Monero's path and i really like the idelogical focus.

Btw. has Monero some kind of development fund or how are the devs funded, just donation?

Given we are all aware of inaugurations and the inspiring (or less than inspiring) things that have sprung from them, may I challenge you by adapting a line from one of them?:

Ask not what your cryptocurrency can do for you, but what you can do for your cryptocurrency.

+1 Nice, measured post.

I think I know where you come from: I used to worry about Monero not having marketing early 2016 but then it got accepted by the DNM, price went up and slowly down (oasis exit scam, no GUI). I then got worried again that we should market Monero but then price gradually went up with the release GUI, kraken, bitfinex echange accepting Monero. What makes people want marketing is fear and uncertainty that prices will go way down but I am positive that how Monero is advancing right now is not the wrong path to go.

What I want to say is that I used to believe that marketing was a must for Monero to spread but I am slowly believing it is not as it is a decentralized/open source project which is gradually developing. We still have more features to come and because it is an open source project, having suddenly many newcomers could do more harm than good to it. We should help fluffy with the adoption and awareness as best as we can and get people to be involved with it not as a buy-once-then-dump-and-not-get-involved-with-XMR-forever coin.

I believe the way to go for Monero as a decentralized and open source project is to expand as the same rate it is developing. Deep down inside, we all know that Monero is great, different than Bitcoin and that it is not going to disappear suddenly. Chances of Monero being replaced by another cryptocurrency is very slim as they would have to have continuous development and most likely start from scratch like Monero if they wanted to replace it.

I do not know anyone who respects Monero of its main weakness (lack of marketing).
Yes, Monero has been mentioned not only on crypto related media but also mainstream media.
The importance of marketing comes to play an important role when it comes to communicating Monero to the new people in laymen's language. Despite Amanda Johnson is a vocal Dark coin person I am not sure if people consider Dark coin as "Amanda Johnson coin".. 


There are different type of adaption:
1) Speculation (short term buying and selling)
2) Bagholding (consider Monero as an asset and want to accumulate it as much as possible)
3) Transactional (buying illegal stuff mainly right now)

When communicating, all these aspects should be taken account, they all have different mindset and thus the approach should be different. Let's approach the people from their own perspectives.

Better marketing would be good, but we get a lot of respect for NOT doing that sort of thing. When XMR gets news - and it DOES -  it's not always us that have generated it, or broadcast it throughout cryptosopace with paid marketing.  It's generally simply real news.  We are still above Dash in market cap and I doubt the price relationship will stay as it stands for too long.  Do we really want to be the 'Amanda Johnson' coin?

How long do you think having her speak for them will still be looking cool?

The only advantage Dark coin has is its marketing which lacks completely from Monero.
Dark coin is pretty much everywhere - the only place Dark coin has not succeed to find its way is my dreams.
Monero needs adaption and adaption comes when more people are aware of it. Marketing is the tool to make people aware of the project. Vlogging on Monero like Amanda Johnson is doing with Dark coin will bring masses to Monero community.... Thanks to marketing Darkcoin is relatively stable and kind of rising pattern. Blackcoin on the other hand is not marketing (at least I am not aware of it) and look at where it is now?

The reason why Monero is not marketed is the fact that nobody has an incentive to do so, therefore nobody does it.

I would be EXTREMELY disappointed if we only were at $15 by June/July! We've been above that previously and we're only $3 away right now without Coinbase, Kovri, etc... It's too easy to reach that level that I can't imagine at least above $20, and personally I'm preparing for higher prices. But, that's just me. And personally, I will not sit around and "fear" some other coin's modicum of success as it has nothing to do with Monero or it's success and most if not all of these other pseudo-anon coins will definitely not be able to compete in the long run and that's what is really important.

Yes the more I read about Dash the more I'm amazed people are putting money into this project.
Poorly implemented crypto, centralized nodes that collect tons of information, shady premine tactics to enrich the developers...

As for Monero, I still feel comfortable putting in a few more dollars.
Price is kind of sideways right now but its only going to being added to another exchange or service like Coinbase,
or a little more interest from China to push the price higher. I'm predicting $15 by the middle of the year.

since most of the monero volume is traded on poloniex.com this might interest you guys

its a tool to calc detailed profit loss from your whole poloniex account

https://bitcointalk.org/index.php?topic=1545898.new#new

made it for myself at first but i decided to offer it for free and open source

if you are interested have a look

tl;dr; complete profit loss calculation excel sheet


greetings

very easy. Not much investment to own a bunch of masternodes and quietly amass incriminating data. Security conscious users won't fall for it. In Dr Evils words: Its the diet Coke of decentralisation (;-)

Don't forget that when LE decides too dash's chain will unravel like a prom girls...