Author

Topic: [XMR] Monero Speculation - page 934. (Read 3314350 times)

legendary
Activity: 1008
Merit: 1001
November 19, 2016, 07:37:21 AM
Global demand https://coin.dance/volume/localbitcoins

Is there any specific reason why BTC should "rocket up"?

It's very hard to distinguish between possible causes but the pump was led by chinese exchanges, so.. capital outflow due to yuan devaluation?
Just speculating but might actually be one of the real causes

Interesting. And in the breakout images further down you can see its even in decline in places.

Maybe you should watch the news, listen to the restrictions of India and have a look at the BTC market in India --> https://www.unocoin.com/charts
legendary
Activity: 2702
Merit: 2053
Free spirit
November 19, 2016, 07:17:15 AM
Global demand https://coin.dance/volume/localbitcoins

Is there any specific reason why BTC should "rocket up"?

It's very hard to distinguish between possible causes but the pump was led by chinese exchanges, so.. capital outflow due to yuan devaluation?
Just speculating but might actually be one of the real causes

Interesting. And in the breakout images further down you can see its even in decline in places.
sr. member
Activity: 247
Merit: 250
November 19, 2016, 02:38:25 AM
Global demand https://coin.dance/volume/localbitcoins

Is there any specific reason why BTC should "rocket up"?

It's very hard to distinguish between possible causes but the pump was led by chinese exchanges, so.. capital outflow due to yuan devaluation?
Just speculating but might actually be one of the real causes
sr. member
Activity: 473
Merit: 250
November 19, 2016, 02:23:24 AM
Now it seems the perfect time to buy with the price so low. The prices will explode in a few days when the GUI is released.

https://www.reddit.com/r/Monero/comments/5cks6f/jaxx_monero_integration_update/

The GUI has become such a 'fuck you' issue to so many people who are/wanted to be invested in Monero that I think it's release could well be a poison pill for the price. I'd expect a roughly 5-10% spike before crashing to lower than it was when released.

edit: long term it's obviously a great GUI and good for price, I'm strictly talking about release hype
legendary
Activity: 3570
Merit: 1959
November 18, 2016, 11:27:26 PM
DNM market alpha bay integrated it I believe
sr. member
Activity: 448
Merit: 250
November 18, 2016, 10:49:45 PM
What was the reason behind that massive pump when Monero skyrocketed? ?
legendary
Activity: 875
Merit: 1362
November 18, 2016, 10:15:22 PM
Is there any specific reason why BTC should "rocket up"?

It's very hard to distinguish between possible causes but the pump was led by chinese exchanges, so.. capital outflow due to yuan devaluation?
Just speculating but might actually be one of the real causes

And currency restrictions in India, perhaps contributing
hero member
Activity: 705
Merit: 500
November 18, 2016, 09:41:47 PM
Is there any specific reason why BTC should "rocket up"?

It's very hard to distinguish between possible causes but the pump was led by chinese exchanges, so.. capital outflow due to yuan devaluation?
Just speculating but might actually be one of the real causes
full member
Activity: 200
Merit: 114
November 18, 2016, 07:40:42 PM
Is there any specific reason why BTC should "rocket up"?
legendary
Activity: 2604
Merit: 1748
November 18, 2016, 12:33:56 PM
Back to the speculation... Is seems BTC really wants to burst out through that 750 level (I watch Stamp's price), take off and have 2013 all over again.   

It may be brutal for XMR initially if it does, but I will not risk decreasing my stash by offloading anything but some play money to trade with.  I am pretty well-balanced in BTC/XMR and happy with it for whatever transpires.  Ok, I've set up low XMR buys with what powder I have left in case of bargains but I am sitting tight for now.   This does not mean BTC 'moon' is certain.... BTC does tend to confound (widely-held) expectations and let's face it, XMR is bearing up ok in spite of it all.

Either BTC bottles out and we benefit, or it rockets up and some of the smart money inside the foaming FOMO as BTC peaks takes profits and inevitably spreads into the best alts.  That includes XMR without a doubt, it's always been a good hedge against BTC drops.

The steady BTC rise - and it's been massive over the past year - has crept up rather than rocketed so far.  For me - now - it either rockets up very soon (within weeks) or it fizzles.

Faites vos jeux, mes amis.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
November 18, 2016, 12:16:18 PM

The amount of the population that doesn't comprehend being altruistic or being selfless never ceases to amaze me but it really shouldn't if you are incapable of imagining something then you cannot believe in it. But until the majority of the worlds population understands this the species is doomed to extinction. I just can't imagine not understanding this naturally.

There's no such thing as altruism. 

This is a useful primer http://www.humantruth.info/altruism.html but there's lots more social science, evolutionary psychology research if you prefer 'proper' papers and articles.

Its a bit of a downer but once you come to terms with this, its actually quite liberating. Smiley

Altruism is just a word wrapper, personally I would like to see everyone work for the common good which will positively effect me personally as the entire species benefits. It's quite simple actually. For some reason all your professionals do not list this reason.

Quote
    Neurochemical Rewards: The feel-good factor that comes with doing social good results from our evolved genetic program.

    Personal Pride: A person wants to feel good and justify themselves in their thinking of themselves as good, so that by helping others they create their own positive self-identity

    The Social Reward: A sometimes secret desire to be seen as good by others (The Goodguy Badge)

    The Want of Power Over Others: To help others is to affirm ones' own sense of power and control
legendary
Activity: 2604
Merit: 1748
November 18, 2016, 12:08:48 PM

The amount of the population that doesn't comprehend being altruistic or being selfless never ceases to amaze me but it really shouldn't if you are incapable of imagining something then you cannot believe in it. But until the majority of the worlds population understands this the species is doomed to extinction. I just can't imagine not understanding this naturally.

There's no such thing as altruism.  

This is a useful primer http://www.humantruth.info/altruism.html but there's lots more social science, evolutionary psychology research if you prefer 'proper' papers and articles.

Its a bit of a downer but once you come to terms with this, its actually quite liberating. Smiley

Hmm... I understand the logical argument and I could advocate either side of the argument.  However, so called 'altruistic; or charitable things such as the act of giving are things I feel are positive and I don't want to give 'em up.  Yep, I will get a load of (narcissistic?) pleasure from my little nieces opening up their Christmas presents, but I would really rather the world kept a little charity in its heart.  

/ot

legendary
Activity: 1260
Merit: 1116
November 18, 2016, 10:08:44 AM
Now it seems the perfect time to buy with the price so low. The prices will explode in a few days when the GUI is released.

https://www.reddit.com/r/Monero/comments/5cks6f/jaxx_monero_integration_update/

newbie
Activity: 2
Merit: 0
November 18, 2016, 09:29:02 AM
Now it seems the perfect time to buy with the price so low. The prices will explode in a few days when the GUI is released.

https://www.reddit.com/r/Monero/comments/5cks6f/jaxx_monero_integration_update/
legendary
Activity: 1008
Merit: 1000
Dumb broad
November 18, 2016, 07:49:27 AM

The amount of the population that doesn't comprehend being altruistic or being selfless never ceases to amaze me but it really shouldn't if you are incapable of imagining something then you cannot believe in it. But until the majority of the worlds population understands this the species is doomed to extinction. I just can't imagine not understanding this naturally.

There's no such thing as altruism. 

This is a useful primer http://www.humantruth.info/altruism.html but there's lots more social science, evolutionary psychology research if you prefer 'proper' papers and articles.

Its a bit of a downer but once you come to terms with this, its actually quite liberating. Smiley
legendary
Activity: 2268
Merit: 1141
November 18, 2016, 07:17:06 AM
GUI!!!
when?

Compile it. Its on github. Simple.

I am running it now on a linux laptop, it's beautiful and it even seems to work so far, but i've only sent myself 1 xmr, i haven't tried sending it back yet to simplewallet. Cheesy

Edit - I transferred it succesfully back to simplewallet, but I set the default security level to the highest and it says the txid has a mixin of only 4, so I guess there are bugs still. Tongue

Cheers all. Cheesy

What did the confirmation window say?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
November 17, 2016, 09:01:55 PM
All this talk about the necessity and convenience for mass adoption is nonsense at this point in time.

Mass adoption in the literal sense is a long way out. The only group that matters at the moment are people who are already into crypto or curious enough to venture into it. They are few, and their hearts and conviction will have to be conquered.

It is them who will be the ambassadors for when larger adoption actually becomes a possibility. It is their choices which will be the choices of the masses. It is their competence which will help the rest of the world to ease into it.

The GUI is important, of course. However it is not important for the masses, but to help in carving out a sufficiently large group from this mess that makes up
crypto: Idealists, techies, economists, thieves, liars... and all the "normal" people stumbling into this space thinking WOW wtf is going on in here this looks cool!

Just as I did a few years ago.

A group (or market share for the cynics) large enough to gain the necessary inertia to rocket past the cesspool of failed money grabbing shiny shit projects that make up 95% of this habitat.

The people who keep saying mass adoption and daily mainstream use are deluding themselves. The system in place is already efficient and good enough, why is there a need to change it? There are some people who always evangelizes cryptocoins in the name of an ideology. That is fake because we should all accept that what brought us here is really our innate greed for wealth.
That was intense dude, I am not greedy but I love to use XMR, it's greed after all because it can benefit the users or whatever your intention it does not matter at all as long as we can see it grow.


The amount of the population that doesn't comprehend being altruistic or being selfless never ceases to amaze me but it really shouldn't if you are incapable of imagining something then you cannot believe in it. But until the majority of the worlds population understands this the species is doomed to extinction. I just can't imagine not understanding this naturally.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
November 17, 2016, 08:37:58 PM
All this talk about the necessity and convenience for mass adoption is nonsense at this point in time.

Mass adoption in the literal sense is a long way out. The only group that matters at the moment are people who are already into crypto or curious enough to venture into it. They are few, and their hearts and conviction will have to be conquered.

It is them who will be the ambassadors for when larger adoption actually becomes a possibility. It is their choices which will be the choices of the masses. It is their competence which will help the rest of the world to ease into it.

The GUI is important, of course. However it is not important for the masses, but to help in carving out a sufficiently large group from this mess that makes up
crypto: Idealists, techies, economists, thieves, liars... and all the "normal" people stumbling into this space thinking WOW wtf is going on in here this looks cool!

Just as I did a few years ago.

A group (or market share for the cynics) large enough to gain the necessary inertia to rocket past the cesspool of failed money grabbing shiny shit projects that make up 95% of this habitat.

The people who keep saying mass adoption and daily mainstream use are deluding themselves. The system in place is already efficient and good enough, why is there a need to change it? There are some people who always evangelizes cryptocoins in the name of an ideology. That is fake because we should all accept that what brought us here is really our innate greed for wealth.
That was intense dude, I am not greedy but I love to use XMR, it's greed after all because it can benefit the users or whatever your intention it does not matter at all as long as we can see it grow.
member
Activity: 108
Merit: 10
November 17, 2016, 08:07:47 PM
"efficient and good enough"
legendary
Activity: 3178
Merit: 1509
November 17, 2016, 08:04:55 PM
All this talk about the necessity and convenience for mass adoption is nonsense at this point in time.

Mass adoption in the literal sense is a long way out. The only group that matters at the moment are people who are already into crypto or curious enough to venture into it. They are few, and their hearts and conviction will have to be conquered.

It is them who will be the ambassadors for when larger adoption actually becomes a possibility. It is their choices which will be the choices of the masses. It is their competence which will help the rest of the world to ease into it.

The GUI is important, of course. However it is not important for the masses, but to help in carving out a sufficiently large group from this mess that makes up
crypto: Idealists, techies, economists, thieves, liars... and all the "normal" people stumbling into this space thinking WOW wtf is going on in here this looks cool!

Just as I did a few years ago.

A group (or market share for the cynics) large enough to gain the necessary inertia to rocket past the cesspool of failed money grabbing shiny shit projects that make up 95% of this habitat.

The people who keep saying mass adoption and daily mainstream use are deluding themselves. The system in place is already efficient and good enough, why is there a need to change it? There are some people who always evangelizes cryptocoins in the name of an ideology. That is fake because we should all accept that what brought us here is really our innate greed for wealth.
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