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Topic: [XMR] Monero Speculation - page 87. (Read 3314316 times)

newbie
Activity: 23
Merit: 1
September 11, 2020, 12:45:02 AM
Monero still on an uptrend as the price recovers back above 8200 sat. It is now testing major resistance area since July 2019, in the last August 21, it had a failed breakout and many Bulls got stopped out. We need to be more cautious this time as the market is still not stable XMR needs to hold above 8300 for a couple of days to avoid fakeouts,if we can see acceptance above the resistance area the chances we will see upside continuation will increase, maybe i think targets are up to 10k sat or higher.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
legendary
Activity: 2744
Merit: 1288
September 10, 2020, 04:24:55 PM
https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/168

One small step for Monero, one giant leap for Bitcoin.
legendary
Activity: 2268
Merit: 1141
September 08, 2020, 09:06:03 AM
legendary
Activity: 2744
Merit: 1288
September 06, 2020, 12:34:35 PM
When talking about Monero monetary inflation, a lot is used the word that Monero monetary inflation will go to zero over time. Yes, it will eventually go close to zero, but not anytime soon. I never before went to check this %, so here it is.

today 17.69m = 1.69%

2021 18.06m = 0.92%

2022 18.22m = 0.87%

2025 18.5m = 0.85%

2030 19.3m = 0.82%

2040 20.9m = 0.75%

2050 22.5m = 0.7%

2070 25.7m = 0.61%

2100 38.3m = 0.41%

So the result is that Monero monetary inflation will go toward 0.4% at the end of this century. Probably the last date that will matter to us that are right now here.
legendary
Activity: 2744
Merit: 1288
September 04, 2020, 08:35:32 AM
From  r/monero subreddit:

https://i.redd.it/uiw5lca590l51.png

Today the Monero testnet forked to v13, adding support for CLSAG transactions. A 1/2 (input/output) transaction will now be ~1.4kB instead of ~1.7kB, a 2/2 transaction will now be ~1.9kB instead of ~2.5kB. Verification speed is also improved.

The above image shows the transaction in JSON format.

Anyone can participate in the testnet by compiling the master branch, see https://github.com/monero-project/monero for instructions.



Faster, smaller, cheaper!
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
September 03, 2020, 12:57:32 PM
Monero is a great self sustainable project with a focus on something that truly matters and Bitcoin currently can’t provide: financial privacy. Todays world badly needs it, but most people don’t care until they have to. So I don’t get the obsession measuring the value of a monero in bitcoins. Stick with Bitcoin if you want bitcoins.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 03, 2020, 11:39:15 AM
I bought 2000 XMR at $130, I'll be holding it for the long term. I will re-evaluate 3 years from now and report back to this thread. I'll keep buying the dips and hold at $70, $40, $10, $1, $0.5 if it ever reaches those levels. Just bought another 300 XMR at $102.

I do believe XMR will reach a minimum of $2,300/XMR and possibly even $13,000/XMR if not more 36 months from now.
Unlike other coins, it is the only coin that has practical use and is used widely today, it is #2 in my eyes after BTC (#1).

All other coins are pure speculation at this point in time.

Three years have passed since I made this post. I had sold 50 BTC and bought 2000 XMR at that time and said I will report back in 3 years.
The current price of XMR is $88.85. I took a huge loss, I haven't sold yet but it is a floating loss. If I had kept my BTC and not bought XMR at that time with it, I wouldn't have been -$386,084 today.

I still have high hopes for XMR, will report back to this thread 1 year from today.

It's annoying, sorry about the bad trade -

I think we will see Monero ATH in USD terms at some point, BTC maybe not as likely, but getting back to 0.02 or so seems possible.

@Q4 2020 late of November is the uprise, so don't worry, just hold another year and you will be VERY happy with your monerujo  Grin Grin Grin Grin
member
Activity: 200
Merit: 47
September 03, 2020, 03:27:37 AM
I bought 2000 XMR at $130, I'll be holding it for the long term. I will re-evaluate 3 years from now and report back to this thread. I'll keep buying the dips and hold at $70, $40, $10, $1, $0.5 if it ever reaches those levels. Just bought another 300 XMR at $102.

I do believe XMR will reach a minimum of $2,300/XMR and possibly even $13,000/XMR if not more 36 months from now.
Unlike other coins, it is the only coin that has practical use and is used widely today, it is #2 in my eyes after BTC (#1).

All other coins are pure speculation at this point in time.

Three years have passed since I made this post. I had sold 50 BTC and bought 2000 XMR at that time and said I will report back in 3 years.
The current price of XMR is $88.85. I took a huge loss, I haven't sold yet but it is a floating loss. If I had kept my BTC and not bought XMR at that time with it, I wouldn't have been -$386,084 today.

I still have high hopes for XMR, will report back to this thread 1 year from today.

It's annoying, sorry about the bad trade -

I think we will see Monero ATH in USD terms at some point, BTC maybe not as likely, but getting back to 0.02 or so seems possible.
newbie
Activity: 12
Merit: 1
September 03, 2020, 01:50:13 AM
I bought 2000 XMR at $130, I'll be holding it for the long term. I will re-evaluate 3 years from now and report back to this thread. I'll keep buying the dips and hold at $70, $40, $10, $1, $0.5 if it ever reaches those levels. Just bought another 300 XMR at $102.

I do believe XMR will reach a minimum of $2,300/XMR and possibly even $13,000/XMR if not more 36 months from now.
Unlike other coins, it is the only coin that has practical use and is used widely today, it is #2 in my eyes after BTC (#1).

All other coins are pure speculation at this point in time.

Three years have passed since I made this post. I had sold 50 BTC and bought 2000 XMR at that time and said I will report back in 3 years.
The current price of XMR is $88.85. I took a huge loss, I haven't sold yet but it is a floating loss. If I had kept my BTC and not bought XMR at that time with it, I wouldn't have been -$386,084 today.

I still have high hopes for XMR, will report back to this thread 1 year from today.
legendary
Activity: 2744
Merit: 1288
September 02, 2020, 10:27:34 AM
Since everyone is so happy about the fact that yesterday we made new ATH at daily transactions. Old was 15784 from 8th May.  August transaction count was 20k transactions short from May record.   So I wanted to imagine what future is like. If number of transactions went x2.5 in last year and lets say it happens that every year. That way we would catch today's number of Bitcoins transactions at start of 2024. Questions which I had been asking to myself were. How many upgrades will Monero have until then to reduce transactions sizes? How much cheaper will be SSDs? How much storage will iphones have by then? Which country will not have G5 widely built by then? What speeds will G6 have on tests?
legendary
Activity: 2702
Merit: 2053
Free spirit
September 01, 2020, 09:08:05 AM
We are looking OK again.

If the green candle, I circled, closes above the size of the red one then we can be off up again.


legendary
Activity: 2268
Merit: 1141
September 01, 2020, 02:46:00 AM
This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract. Roll Eyes

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations

Worthwhile to watch this interview as well as to read the comments in these threads:

https://youtu.be/w5rtd3md11g

https://www.reddit.com/r/Monero/comments/ijyhmq/ciphertrace_claims_it_developed_a_monero_tracing/

https://www.reddit.com/r/Monero/comments/ik0t3h/ciphertrace_monero_tracing_example/

https://www.reddit.com/r/Monero/comments/ik9uhc/ciphertraces_monero_tracing_tool_chat_with_dave/
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 01, 2020, 12:02:59 AM
This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract. Roll Eyes

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations

---quote---
“We assume that CipherTrace has developed a novel method to trace Monero transactions, but I am not quite sure of what they can do, so it’s hard to interpret the legitimacy of their claims. Saying you have a method to look at Monero transactions doesn’t mean this is now as transparent as Bitcoin transactions.”

“Not wanting your spouse to find out you bought jewelry for your anniversary is very different from keeping the government from tracking your illegal drug empire. Most people are simply looking for ‘good enough’ privacy, and I don’t think professional tracing capabilities affect most people in any meaningful way.”
---unquote---

In my opinion early transactions and sweep transactions, probably exchange info can be shared but that's it  Grin Grin Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 01, 2020, 12:00:35 AM
First Monero  Stock-to-Flow chart made by btcMike says Monero is going off the chart in 2021:  https://old.reddit.com/r/xmrtrader/comments/iiida8/monero_stocktoflow_chart/



I think we will see this in Q4 2020 already  Wink Smiley Grin

 Grin  I'll take that ride!

Then fasten your seat belt  Grin Grin Grin
legendary
Activity: 2016
Merit: 1259
August 31, 2020, 06:31:19 PM
48 hours above .008
Does it hold?

3 days now. In February it lasted 11 days. Would be nice to break that record. Smiley

 0.008 broken  Cry
legendary
Activity: 2016
Merit: 1259
August 31, 2020, 05:41:51 PM
This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract. Roll Eyes

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations


I think you'd only tell everyone if it doesn't actually work.
sr. member
Activity: 807
Merit: 423
August 31, 2020, 05:16:54 PM
First Monero  Stock-to-Flow chart made by btcMike says Monero is going off the chart in 2021:  https://old.reddit.com/r/xmrtrader/comments/iiida8/monero_stocktoflow_chart/


The guy needs to show his work.
sr. member
Activity: 1386
Merit: 250
1XBit.com
August 31, 2020, 02:37:45 PM
Monero is a fairly large coin, it is traded on major exchanges. I tried trading it using a bot.
I don't want to argue with you, man, but for me, it's better to trade manually, so you control everything, bots, these are risks.
I really agree with your thinking because trading using bots is too much of a risk and cost that we have to spend, there is nothing wrong with using bots in trading because we no longer need to continue to monitor market movements and are also more time efficient, but we also have to be prepared for risks, there are such as losses, fraud and fraudulent transactions, and what needs to be remembered is the bot is a system and the system certainly has many weaknesses, so that, it does not guarantee that the assets/money we have will be safe in trading.
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
August 31, 2020, 12:42:11 PM
This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract. Roll Eyes

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations
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