[XMR] Monero Speculation - page 873.

CryptoPH

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<3 Crypto

Quote from: Shiroslullaby on January 10, 2017, 05:56:00 PM

Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.

IMHO, the RingCT feature is already probably price-in.

alphahacktivist

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Quote from: bbc.reporter on January 10, 2017, 08:03:08 PM

Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

thats actually interresting, why is litecoin having a 200m marketcap? why do people buy litecoin? i bought because of a "maybe" situation but ive been holding for 4 years now, afaik nothing happening that i should get excited about

ozkraut

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Quote from: danimlg on January 10, 2017, 10:26:13 PM

hi mates,

New here, I wish a good 2017 for all of you and of course monero and Bitcoin.

Welcome! Same to you Cheesy

danimlg

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hi mates,

New here, I wish a good 2017 for all of you and of course monero and Bitcoin.

bbc.reporter

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Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

CTTE

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Quote from: Shiroslullaby on January 10, 2017, 05:56:00 PM

Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.

Monero has already been over $18 USD just recently, so a 3 times increase would not be ridiculous and put it over $50. So, I think it would be very likely that we could see that mark in the next month or just a few weeks. Especially with the volatility that we've been seeing recently.

Shiroslullaby

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Activity: 434

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Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.

alphahacktivist

full member

Activity: 235

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even at $100 per xmr. i will still not sell..
i personally believe Monero is a similar Bitcoin, only without the whole Mt.Gox situation. thats why instead of shooting up and then hit bottom down.. it will grow slowly and steady. just like bitcoin should have grown. slow and steady it would have less drama around it.
mind you i am not dissing bitcoins.
i hold Bitcoins, Monero, Ltc and Etc.
i believe all crypto currency which has a usage will be used in the future for different situation.
of course i wanted to buy Ripple as well a while back. and i bought. but since the US govt invested in. i sold everything.
i might be wrong in all my assumptions; that Monero and Bitcoin will be used a future currency. but i take full responsibility for my assumptions. i bought in bitcoins a long time back. i can afford taking the loss if all the currencies abovementioned suddenly fails. i already cashed enough to continue live my life without relying on them. but people who cannot afford the loss, should really really really be careful of not putting all eggs in 1 basket.
many "enthusiasts" will say diss your fiat and whatever else. however i would advise keep both of them. both of them have their usage.

sui_generis

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The transaction size thing is a bit worrying, but hopefully it's something that can be improved with further work. It would be nice to get a comment from Smooth or someone else who know what they're talking about

doc12

legendary

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Nice RingCT active

I hope Trezor will support XMR soon.

Luxo

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Quote from: mnemonicsoup on January 10, 2017, 01:18:52 PM

I was surprised to read that people expected the price to go up with RingCT because I think that most traders are pretty ignorant of the superior technology of Monero and those that understand, believe in and love Monero already have all the Monero they can afford so I thought a price increase would be unlikely today.

In any case, Monero is in an amazing place now, the plane has managed to take off (this was the hardest thing) and will most likely only go higher now, and it's good that it's not going up too fast.

The steady rise hollows the moon.

Agreed. However articles about RingCT and accomplishing a hard fork should gain some trust in the ongoing development behind Monero with some new people joining in the fun.
Jaxx wallet accepting Monero in a week or two + successful fork should be positive and have a spike when Jaxx accepts XMR.

It will definitely benefit long term but it seems Monero community will have to deal with explaining why the transaction size increased, how the dynamic blocksize will adapt to it, how it is normal and that there will be solutions to it: https://www.reddit.com/r/Monero/comments/5n78bg/ringct_transaction_sizes_and_scaling/

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: mnemonicsoup on January 10, 2017, 01:18:52 PM

I was surprised to read that people expected the price to go up with RingCT because I think that most traders are pretty ignorant of the superior technology of Monero and those that understand, believe in and love Monero already have all the Monero they can afford so I thought a price increase would be unlikely today.

In any case, Monero is in an amazing place now, the plane has managed to take off (this was the hardest thing) and will most likely only go higher now, and it's good that it's not going up too fast.

The steady rise hollows the moon.

THAT is so true! They all think because a coin claims it's anonymous that its all equal tech. Idiots trade on what some random person says in the trollbox, you can't get any more moronic than that.

mnemonicsoup

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I was surprised to read that people expected the price to go up with RingCT because I think that most traders are pretty ignorant of the superior technology of Monero and those that understand, believe in and love Monero already have all the Monero they can afford so I thought a price increase would be unlikely today.

In any case, Monero is in an amazing place now, the plane has managed to take off (this was the hardest thing) and will most likely only go higher now, and it's good that it's not going up too fast.

The steady rise hollows the moon.

TrueCryptonaire

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Quote from: VapeOil on January 10, 2017, 11:27:32 AM

Quote from: Shiroslullaby on January 10, 2017, 05:40:34 AM

RingCT active.
Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price.
Thanks! Wink

Its already done. You think that the price will go higher than this? I sold my small stash already.

Very slim probability it will go up.
Basically nothing happened pricewise. Grin

Monero was trading at the same price a few days ago as now (by price I mean against bitcoin, not fiat).

VapeOil

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Quote from: Shiroslullaby on January 10, 2017, 05:40:34 AM

RingCT active.
Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price.
Thanks! Wink

Its already done. You think that the price will go higher than this? I sold my small stash already.

Hueristic

legendary

Activity: 3836

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Doomed to see the future and unable to prevent it

Quote from: smooth on January 10, 2017, 02:32:43 AM

Quote from: Hueristic on January 10, 2017, 12:13:23 AM

BTW, that USDT token on polo, has anyone looked into it? How safe is it? I read on it being pegged awhile back but I have no clue if it' really backed or not.

It is backed by a US company, Tether, which publishes statements of their USD bank holdings. I have not seen independent audits, but they might exist (not sure). You will have to rely on your own judgment and research as to how safe that is.

Thx, I'm quite wary of these type tokens.

I can't find where

Quote

Tether is always fully transparent

https://wallet.tether.to/transparency

Quote

Our reserve account is regularly audited, All tethers are backed 100%
by actual assets in our reserve account, You always have 24/7 access to our balance

This link from the "transparency page" tells me nothing.

http://omniexplorer.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

elrippo

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Quote from: Shiroslullaby on January 10, 2017, 05:40:34 AM

RingCT active.
Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price.
Thanks! Wink

I think they heard you, already in progress Grin

Shiroslullaby

sr. member

Activity: 434

Merit: 250

RingCT active.
Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price.
Thanks! Wink

smooth

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Merit: 1198

Quote from: Hueristic on January 10, 2017, 12:13:23 AM

BTW, that USDT token on polo, has anyone looked into it? How safe is it? I read on it being pegged awhile back but I have no clue if it' really backed or not.

It is backed by a US company, Tether, which publishes statements of their USD bank holdings. I have not seen independent audits, but they might exist (not sure). You will have to rely on your own judgment and research as to how safe that is.

Luxo

newbie

Activity: 46

Merit: 0

Successful fork Wink

Topic: [XMR] Monero Speculation - page 873. (Read 3314350 times)