[XMR] Monero Speculation

[DaveyJones]

oh yeah, dream big , boys. Do you think governments will let criminals improve their privacy ? make it harder to keep track

in your dream boys

and the guy who says FCT has no real value usage is xxxxx.

IMO "what if" is bad reasoning... only the future can tell if they are doing it or not... the possibility of it happening is such an unknown variable that you cannot call it speculating IMO

[explorer]

I also consider that maybe a whatsapp group to give monero a bit financial support can bail out the shorters very easily with enough cash in backround. Its just a matter of collective bumping. There a lot of short positions open. Atm im neither long nor short...i think about rebuying for 15k

Where?  I haven't noted any significant changes at Poloniex for days.  The only way to bail out shorters is to short bigger so they can buy back lower?  Bumping the price (presumably higher) is not going to bail them out, its going to force them out.  Painfully.  Not that there's anything wrong with that.

[Blazin8888]

I have updated my thread with my thoughts on the current price: https://asktom.cf/index.php?topic=1595182.200

In short I do believe we are heading up and the price is showing good strength overall.

- Cheers brothers

- Blazin8888

[estenity]

oh yeah, dream big , boys. Do you think governments will let criminals improve their privacy ? make it harder to keep track

in your dream boys

and the guy who says FCT has no real value usage is xxxxx.

Obviously regulators do not wish more privacy for criminals (and to be honest, me either).
On the other hand, I wonder how can you prevent Monero? Are you saying the regulators will shut internet down? What are they exactly going to do to prevent Monero from running the race victoriously?

certainly they will not shut the internet down, but trying to mostly control it.

[thsminer]

ETH and Factom has very limited number of potential usage.
But Monero on the other hand being the most anonymous digital currency has a potential, well, infinity.
My advice for everybody who bought their initial investment at 0.02 or higher is just to keep on accumulating. It is very likely you are pretty well off if you are willing to stay for longer than a few weeks or a few months. Give monero more time, I think you will be happy in 2019-2020 that you had bought Moneros at ATH of 2016 because that was just the beginning - even if there will we more dumps down the line.
It is important to keep the focus on long term when the trolls are convincing to sell to their bids. Let's not feed the hungry trolls.

i can only LAUGH at your statement

do you forget one important factor "GOVERNMENT CONTROL"?

do you think governments will let these dark coins grow BIG so people can avoid tax?

in your DREAM

honestly, i don't see a good future for these dark coins if governments step into

they will survive if they are still in low profile . Take note at it

i agree that these dark coins has cool tech but in governments' eyes , these coins will be blacklisted if they grow so big

there is a reason why bitcoin still survives up until now. Because every transactions are public, everyone can track them

Note: now XMR is used by dark markets (CRIMINAL markets), do you think governments will let them do that freely ?

It's if I hear an echo...
In the late ninetees exactly the same thing was told about internet. No way governements would allow these ways of communication.

The power of governements is highly overestimated, it's the money that controls what's happening and sure they won't be happy with the current developments. But atm the current establishment doesn't have a clue. 

[N-rG]

I also consider that maybe a whatsapp group to give monero a bit financial support can bail out the shorters very easily with enough cash in backround. Its just a matter of collective bumping. There a lot of short positions open. Atm im neither long nor short...i think about rebuying for 15k

Where?  I haven't noted any significant changes at Poloniex for days.  The only way to bail out shorters is to short bigger so they can buy back lower?  Bumping the price (presumably higher) is not going to bail them out, its going to force them out.  Painfully.  Not that there's anything wrong with that.

sry language barrier xD I meant force out ofc.

[hyc]

It's if I hear an echo...
In the late ninetees exactly the same thing was told about internet. No way governements would allow these ways of communication.

The power of governements is highly overestimated, it's the money that controls what's happening and sure they won't be happy with the current developments. But atm the current establishment doesn't have a clue. 

Interesting point. Microsoft is the perfect example of a giant corp that didn't see the Internet coming. They managed to catch up from behind, using quite a bit of unfair competition to wipe out the market leaders. The point being, they caught up eventually.

Ultimately the corps will see that improving the flow of money is a good thing, and they will eventually get behind it. But that "eventually" could be long, slow, and painful.

[aminorex]

I am quite certain that significant deep state actors will use Monero.  In general, intelligence communities would prefer to control the medium, and I think zcash may play this role, but in the end they will need liquidity, and monero is the only pool of substantial anonymous liquidity.  There are diverse intelligence communities in varying interrelationships.  Most will not use a platform potentially controlled by a possible rival.  It will be in their interest to facilitate the expansion of Monero as against any upstart.  While overt political actors may gain by opposing Monero, the reins of power are more tightly held by covert actors, and they will effectively support it.

I don't particularly like this use case, any more than other criminal use cases, but it is one which will work to the political advantage of Monero, albeit very quietly, yet powerfully.

Monero might even revive Bell's assassination politics.

[Anon136]

I am quite certain that significant deep state actors will use Monero.  In general, intelligence communities would prefer to control the medium, and I think zcash may play this role, but in the end they will need liquidity, and monero is the only pool of substantial anonymous liquidity.  There are diverse intelligence communities in varying interrelationships.  Most will not use a platform potentially controlled by a possible rival.  It will be in their interest to facilitate the expansion of Monero as against any upstart.  While overt political actors may gain by opposing Monero, the reins of power are more tightly held by covert actors, and they will effectively support it.

Maybe but I think there may be a problem with your analysis in failing to account for how much more private the legacy banking system is for them than it is for us. Not as private as monero for either party, to be sure, but since the legacy banking system is so much more private for them than it is for us, monero represents a much higher value proposition to us than it does to them. And I think there is certainly a sense in which they think of the public as their enemy. So perhaps they are not willing to give us such a great increase in capabilities in exchange for a more marginal increase in their own.

[ArticMine]

...
Maybe but I think there may be a problem with your analysis in failing to account for how much more private the legacy banking system is for them than it is for us. Not as private as monero for either party, to be sure, but since the legacy banking system is so much more private for them than it is for us, monero represents a much higher value proposition to us than it does to them. And I think there is certainly a sense in which they think of the public as their enemy. So perhaps they are not willing to give us such a great increase in capabilities in exchange for a more marginal increase in their own.

Not for an intelligence agency engaged in black ops. That by its very nature has to be a cash or cash like only kind of deal.

[Anon136]

Not for an intelligence agency engaged in black ops. That by its very nature has to be a cash or cash like only kind of deal.

Yea I don't suppose the CIA accepts checks for Afghani heroin. Perhaps my argument was not good.

[Blazin8888]

Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i

[ibuyltc]

Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i

Its always good to see a big name in favor of Monero.

[bitebits]

I  think about rebuying for 15k

Bitcoin, USD or Satoshi?

[N-rG]

I  think about rebuying for 15k

Bitcoin, USD or Satoshi?

EUR

[freedomgo]

Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i

Its always good to see a big name in favor of Monero.

So does it mean that I should start buying monero now although the price has continued to drop big time? I need some help here guys because I believe monero is a good coin somehow but I just want to know what price exactly a good price.

[OrangeP]

Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i

Its always good to see a big name in favor of Monero.

So does it mean that I should start buying monero now although the price has continued to drop big time? I need some help here guys because I believe monero is a good coin somehow but I just want to know what price exactly a good price.

No one knows.
The current price is better than it has been before.
The current price is worse than it used to be.


You might try cost averaging of buys by setting a fixed time frame and budget to buy.
Example:
 - Today you buy with 40% of your budget
 - 09/26 you buy another 20%
 - 10/03 you buy another 20%

and so on... (Also known as the buy and hold strategy)

[jack1111]

I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?

[smoothie]

I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?

Meh, price goes up and down, nothing too complicated.

[equipoise]

I have the feeling that the correction is over. I may be correct or not, but today is my birthday so I bought some Monero OTC and I think this is the best present I'll receive today.