Topic: [XMR] Monero Speculation - page 995. (Read 3314350 times)

https://www.reddit.com/r/Monero/comments/57hawm/moneromarket_weekly_stats/

I agree that zCash is fishy. But still a vey good opportunity to make money with. Find coins with low lending fees and go for long term short. What a funny word connection long short 

XMR is standing strong currently with its BTC0.01 price stability and the support is also good at BTC0.0097, but I think that it won't go below that level currently and retest the resistance at BTC0.01069 where it was recently moved towards...

I just made an account to confirm what you say is true. I am a 1% earner in a G7 country. Given the systemic risk in the current financial system, Monero offers significant promise, and I am investing accordingly. Short term volatility is immaterial to my interest in Monero. Busy adults who are important in the real world don't troll internet forums. These trolls have an agenda, and aren't fooling anyone who matters.

Everything about ZCash smells like a spycoin.

Hopefully anyone with half a brain and a good understanding of international politics should see this too.

Since the beginning, each time Monero has dropped from the high points it has recovered. I do not see any reason why it will not do it this time also. I do not recommend panicking - just keep holding and live in denial.  
Bear in mind, selling Moneros higher than you have bought leads to tax consequences so no point in selling... My bag doesn't feel painful to me to bear especially because I have no better use for those funds. Thinking afterwards, I should have gone all in Monero when the price was 0.001. Today I would be significiantly richer. And I think after 5-10 years the current price feels like peanuts.

LOL the more I read about Zcash the more suspicious I am.
No one from outside the development team has reviewed the crypto?
Relying on a "trusted setup" from the start? If there is a bug someone can make infinite coins and no one will ever know?
This is the exact type of setup someone like the NSA or other government agencies would backdoor.

I still need to do some more reading on Monero but it seems like the superior technology from everything I've read.

Jaxx & Decentral - Introduction, and how we are working to improve the Monero ecosystem and infrastructure - by Anthony Di Iorio

https://www.reddit.com/r/Monero/comments/57n44b/jaxx_decentral_introduction_and_how_we_are/

I see Monero as an investment rather than manipulation, as the shares of the company that develops and grows, I as their forces, the trend now is an increase of about 50 percent or more per year. Show me another steady growth in at least 15 per cent?

I don't know quite what you're trying to say but it seems that you are saying that hyc is incorrect about Ring CT being in the code now with 0.10

hyc is correct that the RingCT code is in the current 0.10 release and will be activated in Jan and will be mandatory in September.

Let me give you a tip, you don't have to question anything hyc has to say.  You also don't have to wonder if I sold as the answer is always the same.

Work is going well at the Monero mountain house and I am currently on my 4th cup of tea. 

http://imgur.com/a/jutw5

A real pity I lost most of them in a boating accident...

now GTFO of my face newbie... and this thread, ideally.

lol

https://coincheck.com/en/blog/2375


I really no longer wonder why it's so easy to earn money with cryptos 

It's been active on testnet for months now. The code is present and working in the 0.10.0 release, so everything you've stated here is false.

@KeyJockey

You write like a kid from the underclass. Anyway you are not the one who someone would give his money to. You have no fundamental arguments.


i really totally believe you I heard TrueCrypt has some coins, maybe he sells them to you at zero for 10.

Dude... whateva' bro.  Just get off it, already.  Ur wrong for all the reasons others already posted.

IAC no biggie to *me* personally as I have LONG SINCE taken my original starting-stake "bankroll" for XMR totally OFF THE TABLE.

Once you have at least one doubling of any coin in the bag, smart money says take it off and let the HOUSE MONEY "profit" just RIDE.

XMR could go to zero and it won't matter to me, it's all free cash at this point LOL so you ain't gonna generate any "fear" here with your dumb tactics.

Anyway IMHO there's no way it's gonna fail at this point.  The need for FUNGIBLE crypto for ALL USE CASES is getting well established more and more far *beyond* just the darknet markets.  

Even "normal" users of bitcoin alone are now finally waking up to the chain-analysis bullshit that results in basic user account services on sites like coinbase and circle getting SHUT DOWN for NO APPARENT REASON (i.e. somebody somewhere two or three addresses away from you, maybe ONE TIME happened to move some bitcoin thru a gambling website, ONCE, in the past, and now those coins found their way to your wallet, and so these idiot companies close you down for doing NOTHING WRONG, simply guilt by association).

The more and more THAT nonsense gets up on people's radar, the more then is EVERYONE gonna move to a truly anonymous coin.

Z-Cash may get some of that attention but IMHO any and ALL other anon cryptos (even stupid Dash, LOL) are going to take over from BTC's failure to be fungible at the protocol level.

ALL the anoncoins are likely to increase, as BTC dies slowly from lacking true fungibility.

Sure, it's gonna take time... and yeah for quite some time BTC will probably still lead the pack and prosper, maybe it'll even have one or two more 10X spikes if/when the Wall Street Money *finally* comes pouring in to the cryptocurrency space.

But the rising tide will lift all boats, and XMR is clearly positioned to be one of the biggest winners.  Not immediately, not "tomorrow" of course but certainly anyone who is smart enough NOW to at least SEE some of this potential, is well-positioned to get into this today, as these are seriously "EARLY DAYS".

Your bullshit FUD and "talking to yourself" sock-puppet nonsense ain't changing ANY of this for anyone here smart enough to know WTF is really going on.

So, go on -- git wit' ya now... GTFO and stop cluttering up this important thread with so much garbage, mm-kay?

The adults in the room wanna get back to talking about REAL future speculation about Monero here... LOL

New guy here. I've been following the discussion for some months and finally want to put my thoughts out there.

The discussion is way too focused on the short term -- technical charts, what the whales are doing, where support and resistance are, etc. etc. Is anyone paying attention to what is happening in the outside world? The national debt, the federal deficit? Unsustainable debt everywhere? The impending Deutsche Bank collapse and the resulting contagion? Rampant money creation by the central banks? I could go on and on but you get the idea. That which cannot go on forever will, at some point, stop. I am one of many who expect a financial collapse far worse than 2008.

People looking for a safe haven traditionally flee to government bonds and precious metals. With the dollar itself collapsing, the former is not a viable option. Precious metals are an alternative but you'd better hold them in physical form - there is approximately 500X as much paper gold out there than physical. And the physical is a bother to obtain and store securely, plus it's vulnerable to confiscation as in 1933.

Cryptocurrencies are an ideal alternative. Security and storage aren't much of an issue, if you pay attention. Like gold, the supply of a given cryptocurrency is not inflatable. Of course we all know this. The general public doesn't, but will figure it out in a hurry when the time comes.

When the collapse begins people will be desperate for a safe store of value, and I expect an absolute deluge of money to be heading for cryptocurrencies. Everyone has at least heard about Bitcoin and it will be affected first but there will be spillover to other coins and I expect every decent coin to skyrocket.

This is where fungibility comes in. Precious metals are fungible, Bitcoin isn't, Monero is. The government could collapse Bitcoin tomorrow by announcing that certain Bitcoins had been used to buy drugs/pay a ransom/abet a terrorist plot, and were forfeit. Of course they couldn't actually confiscate the coins, but this would effectively keep them off the exchanges and people would always wonder whether their specific bitcoins were next. This would destroy Bitcoin.

So the deluge of money coming into cryptos will preferentially channel itself into the fungible & anonymous coins, of which Monero is the current front-runner.  These short term discussions about where Monero is going in the next few days or weeks are irrelevant. What will matter is how many Monero you hold, not how much you bought them for.

Just my opinion.

Exactly the same were praying DASH users about nucleus implementation   and when the exit scam came, everyone cried.


You repeat me.


There is still no final offical GUI without java. End of discussion.


As soon it is released, it is a buy argument. It's not released yet. Who knows if not a competitor appears in 3 month. Who knows if January will work.

You see, you make bet's on the future. You have no fundamental arguments. And that's what I say. Monero is a speculation object like all these so called "scam-coins"

When people say we will get 0.03 in 4 weeks they are just wrong. And to reach truecrypt's prediction of 10.000$ dollars.....ah actually it's totally useless to talk about that with you guys I just continue to post my predictions with fundamental analyses and see week by week that i'm mostly right

@Shiroslullaby

Why is 70$ crazy and 7$ for monero just too cheap? (i dont say 70 isn't crazy) It's supply and demand.

I would just like to point out that anyone trading Zcash at $70 is fucking crazy lol.

Has anyone done a good writeup of Zcash from a technical perspective?
I would actually be interested to see how it compares to Monero in terms of privacy/ security.
Isn't there an ability by the devs to use a master key to view any transaction? If this is true you would be crazy to use this coin for private transactions.

NrG, why are you such a flip flopper? You are clearly just making propaganda trying to serve your own agenda. There is not a lot of people writing here but there are clearly more silent readers as there is hardly anything else about Monero speculation on the net. A few pages ago, you were saying the exact opposite.

You can't compare Monero to any other scamcoin, they're all just relabelled Bitcoins, perhaps with a few ad-ons. Monero is fundamentally new and solves many of the shortcomings of BTC. That is why it has been adopted by AB. Clearly, it will take some time now, Rome wasn't built in day. Also, you keep on talking about no GUI, if you would follow the development, you could see that the Beta is almost done. RingCT is announced for January.

If you were just a FUD troll but you keep on flip flopping, makes no sense...