Topic: [XMR] Monero Speculation - page 929. (Read 3314350 times)

Trading volume is down and in the mean time the daily trading range seems to get tighten. Soon there will be a breakup or breakdown. The odds for both are almost 50 % and what is left will be left for stability.

Agree on Aminorex, one erudite guy that is...   And above 0.01 is better than I expected, so no complaints here. 

I am not sure it will hold all the way to Christmas, so yes, hold - but don't be afraid to place a few bids underneath, just in case...

Personally, if I do pick a little up on a dip, I immediately set up a sell a little higher for most of this 'play money' as it goes back up and aim to keep increasing the stash a little and cost average down.  It's a nice way to play and over time as XMR drifts up and down, you scalp a little here and there (if you're patient and not too greedy) without risking your position too much - and it adds up.  XMR oscillates way more than BTC, so 5-10% here and there on a small stash of play coins is not impossible....

Same here... I miss Aminorex's posts even just for entertainment value 

As for Risto's 0.004 call awhile ago, I don't usually try to "trade" (just HODL) but on that one I'd decided to take a shot, and follow his advice, and I got totally OUT around 0.007 (I think it was), on that last downward-trend (which never did *quite* hit 0.004 did it?  I think we had, what, like 0.0055?).

But it was too painful not having ANY Monero anymore!  I hated the feeling!  Like going thru some drug withdrawal! LOL

I just couldn't stand the idea of maybe missing out on the next increase while waiting for that 0.004 bottom to come... so I got back IN again with the same amount, at around 0.006 and now just gonna stick back to the simple HODL philosophy again.

Trying to "time" this stuff is too hard, too stressful.  Much respect to you guys who can do it, but I've come to conclusion I can't handle it, LOL

SO... long story short: for what it's worth, even if Risto was "wrong" on that 0.004 call, I personally still made a little on it, dumping out at 0.007 and buying back same number of Monero at 0.006. 

And here we are now, back again at 0.010... so, it's all good 

I hope so...  We could see a December low go Risto's direction - but I can't see 0.004. Maybe a nasty dip if BTC sorts itself out and breaks 750 (looking unlikely now, but still possible)....   

Either way, no .018 this year, IMHO (the GUI won't take us that high when it eventually arrives) but I still think Spring will be good - and if I had to pick one of these targets to be hit first next year - I'd agree it's .018.

I'd like to see Aminorex back, I will forgive the 'Anything under 0.018 is a steal' stuff. I'll forgive Risto for his 0.006 - 0.004 prediction too. I don't think he was in a good place, to be fair.

Both might be wishing they hadn't spoken, but I miss these big guns. I'd probably never have gotten into XMR so early if it wasn't for them.

rpietila, but he'll be back talking his book again forgetting his last call was way off again as usual. But I would say we will see .018 before .004 again.

I speculate that:

- Aminorex returns at 0.018 (or 25$).
- rpietila returns between 0.006 and 0.004


Both have been overly bullish / bearish, at least for the short term. Who will we see return first?

In the case of payment systems, you REALLY need a GUI.
Ideally, you will be able to run them on a mobile device like a phone or tablet,
which do not lend themselves to keyboards as easily as they do a touch-screen GUI implementation.

It's a common misconception that a Graphical User Interface is necessarily more "picture based".  It's not really.  The main interaction of human to machine thru ANY computer is still always and primarily going to be TEXT.

We as a species are simply, vastly READING more and more than ever with the rise of computers.  The idea that computers are "killing books" or literacy is IMHO a totally wrong concept.

The truth is we are ALL just READING and READING and READING more and more, the more time we spend using computing devices.

Yes, we're not actually reading "a book" so much any more, since there's no need to limit exposure to text printed on paper bound by leather, LOL.

Case in point?  The number of browser tabs that I keep constantly open across three different browsers on three separate computers is clear testament to this fact, and I suspect the vast majority of people reading this "out there" are all in similar setup.

A GUI simply makes the formatting and presentation of all these words, words, words... so much better, and to include images too, and to enable different fonts and color and layout of the words for the user's easier consumption.

A CLI on the other hand that offers only white text on black screen and "one command at a time" can do a lot of the same things, sure, but MUCH LESS efficiently.

That's true. But I think he just meant that the drooling masses took over.

That may be correct, and I can see your point - but for the masses?  It can be argued images are ubiquitous, even universal.  The written word is not as accessible. Plenty of people have never read a book since school - but nearly all regularly take in images, watch TV and films. 

Counter-argument - look at the rise of civilization. It depended on evolving from cave paintings to pictograms/hieroglyphics to alphabets. Relying on graphical icons is a regression. Textual written language is the most precise, expressive, and efficient way to communicate information.

nothing is certain but with Monero it seems inevitable.

I hadn't thought about it like that..good point.

Aha, okay thanks.  Yeah I saw that I guess but didn't think of what it meant, LOL.  Duh...

Still, would be nice to have *direct* control over the fee amount if possible.  The gawd-awful blockchain.info web wallet for bitcoin is terrible *but* actually on their "Advanced Control" dialog box for setting up a transaction, it's something they do well there.  Monero GUI wallet devs should take a look at that and maybe try to recreate it in next version of this wallet (but *again* this is a VERY good start so far!)



Yes I'm aware of that which is why after trying it I knew it was okay to send the transaction with no Payment ID.  But was just testing it from Polo to see if it'd work since the ID coming from the GUI wallet looked DIFFERENT: was not sure if that was a bug or just evolving situation with ID that Polo can't cope with yet.



I posted this stuff here in Speculation because I think there's been a lot of, ahem, "speculation" lately on what the long-awaited actual *release* of the GUI will mean to Monero's price action and continued adoption by the crypto community and (more importantly) the larger world OUTSIDE of our little bubble here.

The GUI is, IMHO, going to be vastly more important and impactful that many here realize.  

Srsly.  

Normal people cannot deal with command line stuff.  It's unfortunate but it's just simply true.  

Look back at history and see what happened to the overall computer revolution when things moved from CP/M and DOS to Apple's GUI and ultimately Windows.

On a smaller scale, obviously, THAT is what can happen HERE for XMR -- but only once we *finally* have decent useable and well-designed GUI tools.

My initial experience with the GUI reported in this thread above is hopefully borne out in the future and will be ignition to rocket fuel for moon launch that I believe all of us here in this Epic XMR Spec Thread want to see... fingers crossed!!!

I don't know if you were just testing the Payment ID, but just wanted to get clear that the Payment ID is not needed when sending to your personal wallets. It is commonly used with service that serves a unique address to identify individual client transactions.

On another note. Could you please post this kind of stuff in the other Monero thread? There could be new people not interested in price speculation that will miss this nice updates. 

Yes the CLI wallet will always be available.

its dipping less and less

You can always just market buy 

These are known issues, will most likely be resolved for a non-beta release.

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There's a sweep all button ("or ALL") on the send page. You can use that to send your whole balance. Alternatively, fill in "(all)" instead of the amount.

@KeyJockey thx for the input. When I compiled and tested a few months ago the input from seed was not functioning, have you tried that yet?