Topic: [XMR] Monero Speculation - page 982. (Read 3314350 times)

Ah so, now you've bought in you're an expert on these things? Why don't we cut the crap and get to the bottom of your problem:-

You want the Monero price to rise because you've bought back in, and guess what, let's throw some mutha fucking marketing into the equation to help N-rG with his profits, so that hopefully one day, he can cash out and dump all over the community/noobs with lashings of evangelical FUD.

I guess you must be new here. Let me tell you what I see:-

I see a coin that has gone from nothing, and fiercely defended itself against other projects that have the luxury of unlimited treasuries as a consequence of scammy premines and instamines complete with all the fucking PR in the world, and won every single battle regardless.

I see a coin that has been routinely censored by a scammy corporate conspiracy of colluding interests who have tried at every turn to push the scams into the limelight at the expense of the Monero project and it's community.

I see a coin that has gone from nothing only to become the third biggest cryptocurrency in the scene. A coin that is now 5th or 6th on the marketcap, and one of three similar projects to be on StackExchange.

I see a coin that had no treasury, and no funny business; only an egalitarian genesis, and a commitment to make it work whatever the odds.

I see a coin that is routinely providing much trade volume for speculation, and has the volatility for serious profit.

I see a coin that is politically disruptive without comparison; the single best trustless untraceable blockchain in existence.

And all of this has been achieved without a pot to piss in nor a window to throw it out of.

Why do we need marketing when we are winning? Everything that we have done thus far has been WIN. Why change that? Just for your profits no doubt?

Let me know when we start to lose, and then maybe we can start to think about finding an Amanda B Johnson clone to push in front of a camera.

People will use Monero if they will need to use it.  On dark markets, about which you were spamming here whole last month, or anywhere else.

You posted in your previous post that companies advertise their products. Not sure why you did post about that here really if you dont see Monero as company.

It doesnt matter for me if monero is a company or not. I talk about naked marketing for the increase of value (isn't this why most are here  ).
If we want to have a wide acceptance of monero people have to know that monero is existant and about it's benefits.

Thats why i totally agree to this statement:



It is totally preposterous and dubios to claim that monero needs no marketing.


Beside the fact that marketing was and is already a part of Monero. But it is expendable. I really dont understand why some people here are ignoring totally basic factors and than wonder why we haven't had a price explosion.

Marketing is a key function for success. Most people here are holding monero because they hope its somewhen more valueable as today. To believe monero itself will do this job is simply wrong. https://en.wikipedia.org/wiki/Marketing

@N-rG

Monero is not a company.
There are many coins that work as companies. You should start working on them whatever you are doing.
Companies dont post wallet address and ask for donations as Monero does for developers. This is how Monero was set 2 years ago and this is how it works. It is not much different as Bitcoin was set 7 years ago.

Great info, thanks... my portfolio of altcoins includes primarily BTC and XMR as the heaviest weights but also ETH/ETC, MAIDSAFE, some DASH as a hedge, and a bit of FACTOM, SIACOIN and some POTCOIN (heh, couldn't resist last one just for the joke).

Wonder if anyone here has any others that they think merit inclusion in a well-rounded portfolio?

This is the kind of paragraph that reminds me of a chimpanzee blithely fiddling with the controls of a flight simulator not knowing what the fuck he is doing.


Well then what are you saying? Because it sounds like all you're saying is "people need to buy Monero".

If you want people to "buy Monero" then you need to learn how to speak of its strengths rather than opening with talk of a non-existent problem pertaining to the third largest community on the scene.

You are wrong. Marketing is very important. What do you think why even established companies spend millions/billions to promote their products? Whatever I cannot take you serious since you said some days ago you are going to leave this board but are still here 

The problem is the number of people aware of Monero is still very low and thus the coin is still in infancy state. I am not saying Monero should be marketed to the general public but the community is still very small and in order to grow bigger in terms of market cap the coins need to be purchased and new money poured in Monero.

Mostly yes, but it really depends on the nature of the alt. By "top alt" I'm really referring to alts that have perceived confidence/longevity (or at least are in the top 5). These are the coins you can expect greater orders of magnitude relative to the BTC rally.

Upward from CoinGecko, a good yardstick is StackExchange which gives us the Big Three: Bitcoin, Monero and Ethereum.

Remember, it's 2016. It's not just about bitcoin anymore, and the markets will reflect that. All that remains is what is over-priced and what is under-priced, and Monero is still very much massively under-priced.

I see the risk/reward ratio to be better in XMR then in BTC, a rally of 10-15% is not that impressive. I made 15% in just a day today with XMR. So BTC is not that impressive.

Interesting news, the European Central Bank wants to control or curb the development of virtual currencies.
Perhaps they can control Bitcoin better but not XMR.

Couldn't agree more.

Hmm... interesting.  Has this relationship BTC/ALTs always held true in all past BTC rallies?

I have my BTC/Alt portfolio fairly well balanced (I think) but I've always assumed that *when* the BTC moon shot finally comes (like if the damn blocksize stalemate could ever be definitively resolved) that I'll have to quickly divest out of all the various alts that I have in cold storage in order to jump back on to the bitcoin rocket fully all-in: that could take precious time and/or possibly not even be feasible IF things get hairy too quickly.

So -- IF I'm understanding your point correctly -- you're saying actually the opposite may be true, i.e. I'd instead best need to plow only the BITCOIN quickly over into my ALTS? (assuming same percentages, to keep ratios in place -OR- maybe just quickly pour it all into XMR or something like that...?)

I'm interested if the stop of downtrend is connected to the started downtrend of DASH. I read in Polo and here that DASH loses every day Masternodes...it was 1000 or 10000 DASH to supply a node? So every day this community loses every day money...i'm interested if this goes straight to XMR or is prepared to go into zcash?

@N-rG there was one thing wrong you wrote about zcash. You said zcash is not Open Source. It is open source! Check it again

If BTC had a "huge" rally to $1500 or $2000 then all the top alts would rally in near alignment, except the magnitudes would be greater. So where BTC would rise by 2.5, Monero would easily rise by 5, or even 10.

Perhaps for the first BTC peak there would be a moment of ALTs bleeding in to BTC, but as greater disparity as to where the end of the BTC bullrun is, BTC profits are looped back into ALTs, and any subsequent rise continues in tandem.

Therefore it makes more sense to ride the XMR rally than the BTC rally. We saw exactly the same thing happen with Litecoin in 2013.

Also, "huge" is a relative term...  What you're talking about is only 5-10%, it's not really that big of a move so let's keep it in perspective. If btc moves to say $1,500 or $2,000 I would call that a Huge rally!

What is the reason for this bitcoin rally other than it's November?

Honestly this "huge" BTC "rally" does not really sound that interesting. There is also a possibility of downward movement at this point, which is more likely then for XMR, which has bottomed out and has more upward potential. I see the XMR recovery with some news and GUI as more interesting for profit.

Btc might be moving up and the recent dump was shake out. I want to agree with rpietila that 888 was the bottom but a huge btc rally might coming very soon.  XMR may maintain its fiat value but could decrease dractically if the predictions over 670 or even 700 for btc happens. Im personally staying away for now.

 

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