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Topic: [XMR] Monero Speculation - page 979. (Read 3314350 times)

sr. member
Activity: 434
Merit: 250
October 20, 2016, 12:13:04 PM
Quote
Monero is superior to Zcash as its technology is well peer reviewed

That's not true. RingCT will lift XMR to the same level as zCash in matter of anonymity.

Can you deliver sources that is better reviewed? Look to the issue page of zcash on github. It is also good reviewed.

Quote
has first mover advantage

Which is? That XMR has decreasing number of Vendors who accept it on AlphaBay? Two supporter markets which disappeared?

Quote
having the GUI out before Zcash launch will enable it to occupy a significantly larger market segment.

A Beta guy 5 days before zcash launch will for sure not occupy a significant larger market segment. That's fanboy trash. Otherwise deliever sources please.
member
Activity: 69
Merit: 100
Cryptocurrencies since 2013 @cryptoPrecise
October 20, 2016, 12:06:00 PM
Monero is superior to Zcash as its technology is well peer reviewed, it needs no trusted setup and it has first mover advantage. Having the GUI out before Zcash launch will enable it to occupy a significantly larger market segment.
newbie
Activity: 46
Merit: 0
October 20, 2016, 12:02:05 PM
@obit33

Everyone can check in the AB board that these statements are correct. And the numbers can everyone else also check. But you wouldnt check them because it would bring you in a situation where you have to accept that you have heavy bags.

That MoneroMarket is down also knows everyone and can check.

Newbies should be more careful by fanboys like you are -who FUD other users. Did you ever contributed anything valueable here? i dont think so. Be careful by user with heavy bags.
newbie
Activity: 46
Merit: 0
October 20, 2016, 11:54:14 AM

Fan of Zcash?
So what is your Monero price prediction?

No, its just obvious that it has a lot of moneypower in backround to push the currency.

But moneyloser was right, i think i fell into a FUD trap for zcash about it's not open source. It is indeed open source. (Not always easy to find valid informations in these FUD wars)
Moreover it can and will be forked i guess. And if silent part of the XMR community also things that Marketing is nothing important, they actually just play for team zCash.

Btw. also the information spread here and in other communities that zcash has no GUI at the start is just wrong. (even when it's not getting a price for beauty)

https://cdn-standard.discourse.org/uploads/zcash/original/1X/d612c8ef13a7165769c4acd58a4a813cc407cb8c.jpg

And they have some third party wallets which looks very good but i would never use them because they are not open source and i dont want to lose hundred thousands of euros due to a wallet what appears to be a scam at the end.

Back to Monero. Some things developed really bad for XMR.

1. MoneroMarket closed their shop
2. Current selling stats of AlphaBay

These are the older numbers:

Checked DNM again:

From 04.10.2016

Quote
Setting:

Stimulants - Speed
Level 5 - 10

Monero: 39
Bitcoin: 405

= 9,62%

XTC - Pills
Level 6 - 10

Monero: 40
BTC: 450

= 8,88%

I checked again:

Stimulants - Speed (3976 total offers)
Level 5 - 10

XMR: 32
BTC: 411

= 7,78%

XTC - Pills (11860 total offers)
Level 6 - 10

BTC: 465
XMR: 47

= 10,10%

So we have -1,84% at speed and plus +1,22% at XTC Pills.

Considering that the Pill part is 3 times as big as the speed part we have a positive development.

These are the new numbers with the same settings above:

Speed:

XMR: 29
BTC: 435

= 6,66%

XTC - Pills

XMR: 32
BTC: 450

= 7,11%

So went went down -3% in Pills -1% in Speed (even -3% after XMR release).

I really wonder that we have a decreasing number of acceptance. After nearly 2 month there should be better numbers. I mean at least any plus. So i expect maybe a little up trend when GUI is released, but i dont think it will get really high cause we are already at ~110 what is 22% above the last down. Moreover zcash will be released in few days. So i think that 0.007x or even 0.006x is very likely.
I got rid of the rest of my coins with a very good price in the last 24h hours luckily Smiley

One question, one guy said that tranfers are not visible, it is wrong as far as i know. There is a possiblity to see that, how is it called again and how can it be used?

https://s9.postimg.org/tpsmhv0an/image.jpg

So went went down -3% in Pills -1% in Speed (even -3% after XMR release).


Ouch. Thats something nobody here wants tp hear with their heavy heavy bags
legendary
Activity: 2744
Merit: 1288
October 20, 2016, 11:48:37 AM
There was an post at /r/Monero where a new DNM using only Monero (MoneroMarket) is closing:



When this darkmarket opened there was speculation that behind of this dark market are those that run Oasis and run away with people's BTC.  I guess starting Dark market is even harder then an alt exchange.  Takes time to build trust. In one month you will nto do anything.



Marketing discussion should be in the main thread me thinks and I think we need to build the eco-system before marketing. If anyone wants to reply to this then quote it in the main thread.

Marketing discussion and market discussion mean different things. While marketing means advertising or promotion of certain aspects of the brand, market discussion covers exchange and trading related topics such as technical analysis and price predictions. Nobody permits u to create a separate thread whatever u want to post there.

Monero has a very limited utility and hence a loose network effect since there is only a few vendors that accept XMR or transact funds via its anonymous blockchain. In hindsight I personally am very doubtful that any crypto besides btc excels in these subjects in the near future so it would take a lot of time for any ecosystem to develop organically. Its supposed to work the other way around not just like someone decided to ramp it up coz one or two DNMs started to accept pay in monero.

Actually there is  an Monero Economy Thread somewhere in Altcoins Discussions.  That should be perfect place to talk about how is best to explain Monero to those that might want to use it.




But moneyloser was right, i think i fell into a FUD trap for zcash about it's not open source. It is indeed open source. (Not always easy to find valid informations in these FUD wars)
Moreover it can and will be forked i guess. And if silent part of the XMR community also things that Marketing is nothing important, they actually just play for team zCash.


It is already forked and out already for a week or so and is called ZCoin
sr. member
Activity: 514
Merit: 258
October 20, 2016, 11:47:00 AM
ATTENTION real newbies, this thread is under heavy manipulation by some nasty troll, don't believe anything you read unless its from a legendary even then take it with grain of salt, because the mods won't do anything about sockpuppets this is literally like a 4chan thread now.


N-rG = moneyLooser = adolf512 = Mast0rmind = Take A Horse To Water

Ahahahaha good luck to find All of my fake Accounts Herr Cheesy yes im nrg and Adolf and at least two more hahaha so much Fun...10xmr for the One who find the other fake ones hehe

Just for fun I looked at the post history of N-rG and plotted his predictions on the actual chart.



I'm not sure how he made money based on these predictions, but good job. That's a pretty amazing feat.  Smiley

N-rG, why don't you just get out of here... keep the honour to yourself, you've been busted, your credibility is nill, you're an imposter... you post fake screenshots...

noone should believe you...

lots of blabla




I think N-rG, moneylooser and maybe some other pretty newbie-accounts are all sockpuppets of one person...

funny that both alpha-accounts joined on the same day... coincidence?

dude... wtf... I'm just now seeing something weird in that posted picture... next to 'Vendor' it should be "oN" Oct, yours says or (part of the on disapperead)...

any explanation for this?


edit: WTF, and the admin account and yamaha sent at exactly the same time: "13:55"

don't really got words for this, but I think you just got busted dude...

edit:
posted the admin-message, so it's easier to compare:


edit: just did some further research... N-rg and his sockpuppets (moneylooser I'm sure off) are full of shit and post fake-'evidence'... don't trust anything that comes out of their mouths...

best regards


just quoting to put N-rG's posts into context...

best regards
sr. member
Activity: 434
Merit: 250
October 20, 2016, 11:32:34 AM

Fan of Zcash?
So what is your Monero price prediction?

No, its just obvious that it has a lot of moneypower in backround to push the currency.

But moneyloser was right, i think i fell into a FUD trap for zcash about it's not open source. It is indeed open source. (Not always easy to find valid informations in these FUD wars)
Moreover it can and will be forked i guess. And if silent part of the XMR community also things that Marketing is nothing important, they actually just play for team zCash.

Btw. also the information spread here and in other communities that zcash has no GUI at the start is just wrong. (even when it's not getting a price for beauty)



And they have some third party wallets which looks very good but i would never use them because they are not open source and i dont want to lose hundred thousands of euros due to a wallet what appears to be a scam at the end.

Back to Monero. Some things developed really bad for XMR.

1. MoneroMarket closed their shop
2. Current selling stats of AlphaBay

These are the older numbers:

Checked DNM again:

From 04.10.2016

Quote
Setting:

Stimulants - Speed
Level 5 - 10

Monero: 39
Bitcoin: 405

= 9,62%

XTC - Pills
Level 6 - 10

Monero: 40
BTC: 450

= 8,88%

I checked again:

Stimulants - Speed (3976 total offers)
Level 5 - 10

XMR: 32
BTC: 411

= 7,78%

XTC - Pills (11860 total offers)
Level 6 - 10

BTC: 465
XMR: 47

= 10,10%

So we have -1,84% at speed and plus +1,22% at XTC Pills.



These are the new numbers with the same settings above:

Speed:

XMR: 29
BTC: 435

= 6,66%

XTC - Pills

XMR: 32
BTC: 450

= 7,11%

So went went down -3% in Pills -1% in Speed (even -3% after XMR release).

I really wonder that we have a decreasing number of acceptance. After nearly 2 month there should be better numbers. I mean at least any plus. So i expect maybe a little up trend when GUI is released, but i dont think it will get really high cause we are already at ~110 what is 22% above the last down. Moreover zcash will be released in few days. So i think that 0.007x or even 0.006x is very likely.
I got rid of the rest of my coins with a very good price in the last 24h hours luckily Smiley

One question, one guy said that tranfers are not visible, it is wrong as far as i know. There is a possiblity to see that, how is it called again and how can it be used?

hero member
Activity: 1150
Merit: 502
October 20, 2016, 11:27:50 AM
Marketing discussion should be in the main thread me thinks and I think we need to build the eco-system before marketing. If anyone wants to reply to this then quote it in the main thread.

Marketing discussion and market discussion mean different things. While marketing means advertising or promotion of certain aspects of the brand, market discussion covers exchange and trading related topics such as technical analysis and price predictions. Nobody permits u to create a separate thread whatever u want to post there.

Monero has a very limited utility and hence a loose network effect since there is only a few vendors that accept XMR or transact funds via its anonymous blockchain. In hindsight I personally am very doubtful that any crypto besides btc excels in these subjects in the near future so it would take a lot of time for any ecosystem to develop organically. Its supposed to work the other way around not just like someone decided to ramp it up coz one or two DNMs started to accept pay in monero.

Your point? You just reiterated my statement.

Be aware that this thread gets pruned of offtopic discussions so if you guys want to make plans then don't be surprised if all your hard work gets deleted because you put it in the wrong place. Some of us have been here long enough that you may want to head our advice.

Ive also been here long enough, seen mintpal & vircurex crash, seen many funniest things in crypto... U can keep that advice for ur children if u have any but not for me, pal.

U posted in the price speculation thread about marketing in the first place, so I told u that u might have misled the meaning of "marketing" vs "market discussion". If u dont understand what u type, theres nothing I can help u with.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 20, 2016, 11:06:27 AM
Marketing discussion should be in the main thread me thinks and I think we need to build the eco-system before marketing. If anyone wants to reply to this then quote it in the main thread.

Marketing discussion and market discussion mean different things. While marketing means advertising or promotion of certain aspects of the brand, market discussion covers exchange and trading related topics such as technical analysis and price predictions. Nobody permits u to create a separate thread whatever u want to post there.

Monero has a very limited utility and hence a loose network effect since there is only a few vendors that accept XMR or transact funds via its anonymous blockchain. In hindsight I personally am very doubtful that any crypto besides btc excels in these subjects in the near future so it would take a lot of time for any ecosystem to develop organically. Its supposed to work the other way around not just like someone decided to ramp it up coz one or two DNMs started to accept pay in monero.

Your point? You just reiterated my statement.

Be aware that this thread gets pruned of offtopic discussions so if you guys want to make plans then don't be surprised if all your hard work gets deleted because you put it in the wrong place. Some of us have been here long enough that you may want to head our advice.
member
Activity: 107
Merit: 11
October 20, 2016, 11:05:49 AM
I'm not sure what gave MoneroMarket folks the idea a brand new DNM would be swamped with business.
You know there are dozens of empty markets?

It would take months and months to build trust. Why the heck would somebody use this one and not one of the established markets which allows XMR? I never saw the site, but if they quit this quickly I am guessing it was also constructed at a similar speed.

Seems like they thought "because drugs" they would open a market and see money flooding in. It's likely for the best they closed down, the lack of understanding they are showing suggests that would not have ended well if the site actually did stick around and gain some users.
hero member
Activity: 1150
Merit: 502
October 20, 2016, 11:02:07 AM
Marketing discussion should be in the main thread me thinks and I think we need to build the eco-system before marketing. If anyone wants to reply to this then quote it in the main thread.

Marketing discussion and market discussion mean different things. While marketing means advertising or promotion of certain aspects of the brand, market discussion covers exchange and trading related topics such as technical analysis and price predictions. Nobody permits u to create a separate thread whatever u want to post there.

Monero has a very limited utility and hence a loose network effect since there is only a few vendors that accept XMR or transact funds via its anonymous blockchain. In hindsight I personally am very doubtful that any crypto besides btc excels in these subjects in the near future so it would take a lot of time for any ecosystem to develop organically. Its supposed to work the other way around not just like someone decided to ramp it up coz one or two DNMs started to accept pay in monero.
full member
Activity: 227
Merit: 100
October 20, 2016, 09:56:28 AM
There was an post at /r/Monero where a new DNM using only Monero (MoneroMarket) is closing:

Quote
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256

It seem there is no place for an exclusive XMR market right now. Not a single transaction since we launched. The risk and the cost running this type of market is not worth it at all.

We will continue to work on our market and we will release a new version on January 2017 after RingCT hoping there will be more users than bag holders at this time.

We do believe XMR will be a major coin over the next years but the community need to use the coin for real use and not just hold it hoping to get rich quick. The real value of a coin stand in the daily volume of transactions (real transaction to buy something).

Before people starts speculation that this is an exit scam.... let's be clear here... Since we launched we have not received a single deposit (vendor bond, purchase, etc...) which is the reason we took the decision to put it offline and continue to work on it and release a more complete version after the hard fork.

MM
edit...

I actually went there twice to look for items and there were only a couple the first time and the second time there were a few more but nothing interesting at all.  Too bad, not sure how much effort was put into pulling in vendors.
legendary
Activity: 1806
Merit: 1164
October 20, 2016, 09:45:39 AM
There was an post at /r/Monero where a new DNM using only Monero (MoneroMarket) is closing:

Quote
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256

It seem there is no place for an exclusive XMR market right now. Not a single transaction since we launched. The risk and the cost running this type of market is not worth it at all.

We will continue to work on our market and we will release a new version on January 2017 after RingCT hoping there will be more users than bag holders at this time.

We do believe XMR will be a major coin over the next years but the community need to use the coin for real use and not just hold it hoping to get rich quick. The real value of a coin stand in the daily volume of transactions (real transaction to buy something).

Before people starts speculation that this is an exit scam.... let's be clear here... Since we launched we have not received a single deposit (vendor bond, purchase, etc...) which is the reason we took the decision to put it offline and continue to work on it and release a more complete version after the hard fork.

MM

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legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 20, 2016, 07:49:54 AM
Marketing discussion should be in the main thread me thinks and I think we need to build the eco-system before marketing. If anyone wants to reply to this then quote it in the main thread.
hero member
Activity: 1150
Merit: 502
October 20, 2016, 06:54:59 AM
Good to sell above 0.0103

Margin short above 0.0103

Liquidate at 0.0186

Take profit 0.008888-0.009500

Gain goal: +7.5% (after costs)


U guys have no mental capacity whatsoever...
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
October 20, 2016, 06:51:27 AM
Good to sell above 0.0103

Margin short above 0.0103

Liquidate at 0.0186

Take profit 0.008888-0.009500

Gain goal: +7.5% (after costs)


Risk-reward ratio ain't appealing enough. It is possible that the covering cannot be made at the range you are writing. Therefore only 7-8 % gains are too small especially considering the fact that the upside potential is infinity.
Agree, you can make more profit when the price will start to go crazy like what happen in the previous month, but when price fall back you will not lose much, I just like to buy now and hope I can have an early Christmas presence.
sr. member
Activity: 522
Merit: 266
October 20, 2016, 04:42:24 AM
For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

Making videos is just one part of the job, pitching them through Facebook/Reddit/Blogs/Ads is another, otherwise nobody will see them.
Does Monero have a some kind of Facebook site? It is very easy to post a video there and pay some bucks for showing the videos to a special public. Facebook Ads are cheap and enable one to target very specific people interested in Crypto/Bitcoin/Investments. Videos or Infographics are very good suited for Facebook. Content needs to be made in such a way that the specific targeted public is adressed. This can be funded too.

There is no XMR adress where we can send the XMR to support the video producers.

Because it is in the idea section at the moment, people need to show that they would support such a thing. When it is open for funding i guess debruyne or myself may shot a link Smiley

apropos marketing

How about a fund which:

1. Funds design and production of nnn monero stickers where each sticker carries a code which can be redeemed for ?1? xmr into a newly established node. First come first serve. Code redemption takes you to an instructional site / video / how to get more etc etc

2. Distribute via some trusted supporters around to some of the edgier parts of major cities. Stick into clubs, venues, bars , hand out at rallies and so on.

3. See what happens. Doesnt have to be huge to start with. Just enough so the impact can be measured in terms of nodes / interest / redemptions and so forth.

legendary
Activity: 1092
Merit: 1000
October 20, 2016, 04:38:08 AM
For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

Making videos is just one part of the job, pitching them through Facebook/Reddit/Blogs/Ads is another, otherwise nobody will see them.
Does Monero have a some kind of Facebook site? It is very easy to post a video there and pay some bucks for showing the videos to a special public. Facebook Ads are cheap and enable one to target very specific people interested in Crypto/Bitcoin/Investments. Videos or Infographics are very good suited for Facebook. Content needs to be made in such a way that the specific targeted public is adressed. This can be funded too.

There is no XMR adress where we can send the XMR to support the video producers.

Because it is in the idea section at the moment, people need to show that they would support such a thing. When it is open for funding i guess debruyne or myself may shot a link Smiley

The content of the vids should be something a non-pony can understand.
Is there any idea where those vids are supposed to be distributed (how large subscriberbase etc)?
hero member
Activity: 768
Merit: 505
October 20, 2016, 03:56:16 AM
For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

Making videos is just one part of the job, pitching them through Facebook/Reddit/Blogs/Ads is another, otherwise nobody will see them.
Does Monero have a some kind of Facebook site? It is very easy to post a video there and pay some bucks for showing the videos to a special public. Facebook Ads are cheap and enable one to target very specific people interested in Crypto/Bitcoin/Investments. Videos or Infographics are very good suited for Facebook. Content needs to be made in such a way that the specific targeted public is adressed. This can be funded too.

There is no XMR adress where we can send the XMR to support the video producers.

Because it is in the idea section at the moment, people need to show that they would support such a thing. When it is open for funding i guess debruyne or myself may shot a link Smiley
legendary
Activity: 1092
Merit: 1000
October 20, 2016, 03:46:47 AM
Good to sell above 0.0103

Margin short above 0.0103

Liquidate at 0.0186

Take profit 0.008888-0.009500

Gain goal: +7.5% (after costs)


Risk-reward ratio ain't appealing enough. It is possible that the covering cannot be made at the range you are writing. Therefore only 7-8 % gains are too small especially considering the fact that the upside potential is infinity.
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