Topic: [XMR] Monero Speculation - page 975. (Read 3314350 times)

In software engineering it's generally true that nothing's really ever any good until after about version 3.0 or so.

You have to completely throw out a lot of what's done at first in 1.0 and 2.0 before you can really get it right by 3.0 I think.  It's difficult and not *always* precisely true, but "true enough" in general that I think it may apply here.

Bitcoin is crypto-currency 1.0 -- Satoshi is a genius and got a lot of it VERY VERY RIGHT.  But not everything.  Especially fungibility is seriously flawed.

Monero is crypto-currency 2.0 -- IMHO the anonymous CryptoNote creator/author "Nicolas van Saberhagen" may very well himself BE Satoshi (S.N. / N.S.) as Satoshi "disappeared" to go and "work on other things" just around the time CryptoNote appeared on the scene, I believe.

Because of the possibility of "Speculative Attack" ( http://nakamotoinstitute.org/mempool/speculative-attack/ ) it seems likely that ONE crypto-currency will start to take over the world, once some level of critical mass market cap is reached.  We're still very far away from that point however... probably it's somewhere around bitcoin being worth $10,000 each at a minimum.

Whatever may end up being the final-form "version 3.0" crypto-currency may not have even appeared on the scene yet.

But we early-adopters here, all of us, are well-positioned to be able to take advantage of whatever's coming... 

SO, EVERYONE: keep THIS long-view kind of stuff in mind and go ahead and quibble over the day to day movements of price, and if you get your jollies by trying to time the market and pick up pennies in front of the steamroller here?  Go ahead, have fun, knock yourself out.

But IMHO *THIS* point of view is the antidote to all the bullshit FUD nonsense and distraction that's cluttering up this-here Speculation Thread lately.

You're welcome

True, but most if not all of it, is one guy! And he's really busy in the Polo troll box... No concept of the big picture or the long game!

TC brought up a $10k price concept and 10-20 years to make it happen which sets our troll(s) off and running. What they can't understand is that we can't look at the software, hardware or networking issues we have today and not figure in the exponential growth aspects of technology into what the software will look like in 5, 10 or 20 years. And sure $10,000 looks like a ludicrous price but if we have any significant inflation over that period, it could be the equivalent of 30-50% of that amount in real dollars. That's just off the top of my head, I haven't done the calculations so please don't hold me to that number but it's the concept of inflation in the fiat currencies that I'm suggesting.

The bottom line is I'd like to see a lot more discussion about the future growth and economic possibilities rather than just combatting this FUD Fest!

Edit: Also, we all are struggling to see what things will look like in 12-18 months and so it's almost impossible to see what 5yrs out looks like let alone 20!

And price still falling...

Next stop 0.007x?

Or even 0.006x?

I find all this Germany FUD group very pathetic and sad...

Haha stop harrasing N-rG, he sits day and night in front of his PC, writing bad XMR fairy tales and drawing funny fake photoshop pictures and prays in hope it will influence the price.
Show some respect. 

lol oh how the hypocritical mind forgets.

N-rG thank you for the continued entertainment. I look forward to more entertainment and dancing from you.  

Including you

https://news.bitcoin.com/firms-will-monitor-blockchains/


Yes yes...everything what is not in the fanboys trash talk favour is fake or fud or both 

AB so unimportant? Well you'll cry so much if AB will do their exit scam because this will cause that the price will fall back to 0.003x

Moreover your and much other posts here are nothing related to a speculation Thread. When I read here racist commentaries (not by you) against people who speak german or some other retard talk I understand why these type of people fail in trading.

90% of the people here claim since 0.02x XMR will rise. Since that the price dropped more than a half. And it will drop even more. The most funny thing is that people here celebrate a slowdowntrend. It is still a downtrend and they still lost more than 50% of their capital.  There is nothing to celebrate. And when some people here say either the price will drop they get ignored or insulted.

For me that doesn't matter. It just motivates me to deliver more fundementals I receive enough PM's every day by people who just don't want to argue with crazy people who claim XMR at 10.000$ in more than 20 years 

The bagholders alone can drive the price there and higher, and it is in their best interest to have as high price as possible.

It is.
But Monero is much more than a software. It is a digital currency. The rate of change will stagnate as well... In the beginning we see the largest changes taking place, later changes are just fine tuning (like SD cards - in the beginning they were a big thing but later the only thing that changes is the size of the card).

I think there will be new applications for block chain, Monero but I do not consider them as threaths to the existence of Monero. Just like Etherium is not a rival to Monero but it fills a niche that Monero or bitcoin cannot fill anyway.

Indeed it is.
The price was 0.004 for the early adopters (summer 2014). The inflation was so strong that some might even talk about hyperinflation.
Later comers got the best deal after the FUD storm of bitcoinexpress as the price drop to sub 0.001 levels (I was lucky to catch around 30 XMR under 0.001).
Now the price is around twice as much it was in summer 2014 but the inflation is in control now and it gets lower and lower.
10-20 years is something I would consider a goal and after that the growth will stagnate IMO. Then there critical mass has been achieved I would assume.

This.

@N-rG

No one takes serious your screenshots.  Once you make fake ones you lose  trust.

Just put in Google to list you top and most respected dark markets and you will see which are.  But as I stated many times it is of no importance. Yes it is important that AB is strong and respective but sooner or latter most other markets will follow.  XMR is there to grab for  them.


In generally there is way to much bla bla about dark markets here anyway. And mainly because of you. Yes, is was sort of a recent news. But this is something minor in Monero. It definitely dont deserve 2/3 of speculation thread.

I get the 250BTC!!!! The last picture is a fake, TC said more than 6 times that XMR will rise. Moreover the picture of him is wrong he cannot type all day long here and hype XMR in Polo Trollbox caught in such a jacket!

It's fake!!! Give me the money bitch!

Where is your proof Febo?

Due to the massive hype around zcash I originally thought we would see a bloodbath in monero, but that was before the futures marked priced it as high as 0.2 BTC. Now I'm not so sure. If this price ends up being the starting price when zcash is added to exchanges it will seem very overpriced, with little upside. Everyone and their grandma wants in on this thing, but at these outrageous prices I wouldn't be surprised if they start buying other anonymous coins like zcoin, monero etc... Similar to the altcoin frenzy we had during the massive bitcoin bubble of 2013. People thinking it's expensive buy the undervalued coins in the same industry.

I object to that generalisation.

Revision:
Take profit <0.009300
Gain goal: +9.2% (after costs)