[XMR] Monero Speculation

[CTTE]

This is from Polo at about 3:50 pm Central time... It looks like it's starting to build a bit or am I imagining things?

[N-rG]

This is from Polo at about 3:50 pm Central time... It looks like it's starting to build a bit or am I imagining things?

its xmr volume. So yes, you are wrong. Less xmr for btc at higher price, more xmr for less btc at lower price. Basics!

[sui_generis]

Tested the GUI earlier today. I see only one very minor issue, where the password prompt window doesn't size correctly. Apart from that, it looks nice. I think a beta will be out sometime this week.

[CTTE]

I'm sure tweedle dumb's response was brilliant but he and his compadres are on ignore!

[TrueCryptonaire]

How high do you guys think the price will go when the GUI is out?
Sure bugs there are but I am sure they will be fixed as well when discovered. The best way to simply use and give feedback so that the bugs can be fixed IMO.

I mean, when the GUI is out, it is ready for non-ponies and non-fairies (read: normal people) unlike we are apparently. The potential markets are huge and the price potential is even higher because the wealthy bagholders will not bother to sell too cheap if ever.

[CTTE]

When will GUI ready (finally)? And I am not accepting "Soon" as an answear...

Soon-ish...?  

The GUI release is imminent, which means it's closer than "soon":

"the difference between soon and imminent is that soon is occurring within a short time, or quickly while imminent is about to happen, occur, or take place very soon"

I tested it today on Win10 64-bit and it works fine. Some are still having issues running it. It's a beta release, functional, but not finished.

Thanks for all your hard work guys!  One question, since you've been testing it how has the windows compatibility been so far... I know that most graphically oriented users will be running some version of windows so, how far back do you go?  Like Win 7 or God forbid Vista or XP ? Will it run on Windows Server versions?  I'm not advocating for anything in particular at this point but just interested to know.

I wish I were a C++ dev so I could have helped but unfortunately you work with what you got... and I'm feeling too OLD to take it on at my age. Maybe when I can retire from my day job when Monero hit's $100, I'd have time!

[DaveyJones]

How high do you guys think the price will go when the GUI is out?
Sure bugs there are but I am sure they will be fixed as well when discovered. The best way to simply use and give feedback so that the bugs can be fixed IMO.

I mean, when the GUI is out, it is ready for non-ponies and non-fairies (read: normal people) unlike we are apparently. The potential markets are huge and the price potential is even higher because the wealthy bagholders will not bother to sell too cheap if ever.

With all the moaning about GUI we have seen in the last months price should easily sky-rocket beyond ATH... but i 100% doubt that this will happen... as the GUI is not that big of an issue "shorters" like to make it.

[TrueCryptonaire]

How high do you guys think the price will go when the GUI is out?
Sure bugs there are but I am sure they will be fixed as well when discovered. The best way to simply use and give feedback so that the bugs can be fixed IMO.

I mean, when the GUI is out, it is ready for non-ponies and non-fairies (read: normal people) unlike we are apparently. The potential markets are huge and the price potential is even higher because the wealthy bagholders will not bother to sell too cheap if ever.

With all the moaning about GUI we have seen in the last months price should easily sky-rocket beyond ATH... but i 100% doubt that this will happen... as the GUI is not that big of an issue "shorters" like to make it.

What do you think is bigger issue with XMR? Lack of investments perhaps? I mean, Monero's market capitalization is merely around 100 million (give or take.
The shorter is just one guy with multiple accounts so it should be easy to overcome if there is someone investing real paper money into it.

[aerbax]

...
I mean, when the GUI is out, it is ready for non-ponies and non-fairies (read: normal people) unlike we are apparently. The potential markets are huge and the price potential is even higher because the wealthy bagholders will not bother to sell too cheap if ever.

Another nice side effect of a GUI is that it encourages people to stop using Poloniex as a wallet. 

[DaveyJones]

I don´t even think there is a big issue at all, fundamentals like acceptance, fiat exchanges will come over the coming months and spread further... this will bring marketing without the need of a marketing executive like Dash.

Also in hindsight now ( im not experienced in trading ) price has to go up and come down, difference in the coins is just the timescale and event´s or non-events. If Zcash does not take all of the sun ( i doubt it will besides some early hype at the launch ) we will likely rise soon again... maybe beyond ATH when the GUI is stable and shiny, RingCT hit maybe even Multi-Sig works...

There is so much to come for XMR : Trezor, Jaxx, paybee out of beta some day all we need to do is be patient

[aerbax]

...so, how far back do you go?  Like Win 7 or God forbid Vista or XP ? Will it run on Windows Server versions?  I'm not advocating for anything in particular at this point but just interested to know.
...

This was discussed in the dev meeting yesterday.  It was alluded to that XP would work...but there may be an issue with Windows Server.

Some bits of the GUI library that's being used (QT), require hardware acceleration.  Most machines built in the last 10 years or so should have no problem with that.  But there are occurrences where acceleration is disabled or not available.  This is pretty rare though - and I think it may even be possible to work around the QT libraries dependence on it.

So it's possible that the first beta's may only work on 98% of all machines.  

And if you're part of that 2%, the Jaxx wallet may be an option.

[manipogo]

I mean, when the GUI is out, it is ready for non-ponies and non-fairies (read: normal people) unlike we are apparently.

Good thing I read this thread regularly, because out of context this is very strange. 

[mfqrs3]

I think bugs shouldn't be a problem, after all Jaxx is also coming out

[owlcatz]

Can someone post me a link to the windows GUI build instructions again? I know someone posted it in the past few days, but Ilya's github Readme.md is still missing the Windows instructions/dependencies.

Thanks, I tried trawling back pages, but between this and the main thread, I can't find it!

[smoothie]

How high do you guys think the price will go when the GUI is out?
Sure bugs there are but I am sure they will be fixed as well when discovered. The best way to simply use and give feedback so that the bugs can be fixed IMO.

I mean, when the GUI is out, it is ready for non-ponies and non-fairies (read: normal people) unlike we are apparently. The potential markets are huge and the price potential is even higher because the wealthy bagholders will not bother to sell too cheap if ever.

With all the moaning about GUI we have seen in the last months price should easily sky-rocket beyond ATH... but i 100% doubt that this will happen... as the GUI is not that big of an issue "shorters" like to make it.

What do you think is bigger issue with XMR? Lack of investments perhaps? I mean, Monero's market capitalization is merely around 100 million (give or take.
The shorter is just one guy with multiple accounts so it should be easy to overcome if there is someone investing real paper money into it.

The bigger issue is the killer app portion of XMR but even more specifically it is the XMR killer utility (use case) that seeps into the consciousness of the average bitcoin user.

Once that happens and users see that bitcoin is in no way private, that is when the scale tips.

[dEBRUYNE]

Can someone post me a link to the windows GUI build instructions again? I know someone posted it in the past few days, but Ilya's github Readme.md is still missing the Windows instructions/dependencies.

Thanks, I tried trawling back pages, but between this and the main thread, I can't find it!

Here you go:

https://github.com/mbg033/monero-core/tree/build-docs-win#on-windows

[CTTE]

...
I mean, when the GUI is out, it is ready for non-ponies and non-fairies (read: normal people) unlike we are apparently. The potential markets are huge and the price potential is even higher because the wealthy bagholders will not bother to sell too cheap if ever.

Another nice side effect of a GUI is that it encourages people to stop using Poloniex as a wallet. 

I think that the GUI is a bigger deal than what a lot of people like to admit. I think it is something that has consistently made it "difficult" for the average/casual user to easily enter the Monero world and you never want to make it hard for your "customers" to buy. However with that said, it may not create as big a bang as it should right out of the gates because most of the people involved at this point have made accommodations for it and either keep their Monero on an exchange(s) or MyMonero or learned simple wallet and these people will gladly use it but they are already "in".  Unfortunately it will only be a relatively small number of people who will immediately jump in and start buying for the first time and using the new wallet. The bigger gains will come over the next few months and weeks as new people from the DMs, people newly introduced to Monero and those who have been waiting specifically for it because in their mind we're like the "only" ones without a gui wallet and now see more value and legitimacy in the project.

To some Monero may look bad because there aren't those bells and whistles so of course the devs are "incompetent" because every coin had a shiny new wallet when it first came out... "how hard can it be?".  Now, I understand there is a lot more going on here than just writing another wrapper or grabbing a complete wallet codebase and changing the captions, logo and some text and BANG, you've got a wallet. But the average person doesn't know, understand or care and we need to start thinking about how we can do a better job of relating to those people instead of just the "technophiles" which we seem to attract because of the great technology we have.

We have fantastic devs on this project, some great contributors who have provided natural leadership and now that most of the key underpinnings of this project are in place or in progress, we need to bring those people with money to spend and not a lot of technical savvy or maybe just no desire to deal with a console app into the fold, make it easy to buy, hold, send, convert to btc,make payments, do some mining, etc... do it right and they will help to push Monero into a place of prominence and drive the market cap to a point that makes it even more palatable to more industries to use without all the volatility.

Sorry for running on about this but as I said, in the grand scheme of moving Monero from an "also ran" to a leader in the ecash space I believe this is critical!

CTTE

[mfqrs3]

@CTTE

I agree with everything you said.

[mnemonicsoup]

The shorter is just one guy with multiple accounts so it should be easy to overcome if there is someone investing real paper money into it.

Could it be a "big player" (perhaps even on an institutional level) which feels threatened by the prospects of XMR?

[ozkraut]

Can someone post me a link to the windows GUI build instructions again? I know someone posted it in the past few days, but Ilya's github Readme.md is still missing the Windows instructions/dependencies.

Thanks, I tried trawling back pages, but between this and the main thread, I can't find it!

this may help:

https://monero.stackexchange.com/questions/2346/compiling-gui-from-source-differences-by-os


On another note: monero is known and certainly appears to be a Polo baby and has been for all the time I have been aware of it. Which is a good while.
 Volume there, compared to anywhere else, speaks ,ehm , volumes as well as having a dedicated XMR / nnn trading pair on offer which is giving it elevated status at Polo. Is this an impediment to adoption by other large exchanges? Eg ' We are not supporting the 'Polo' coin? Im just looking at the volume on and on and wonder why there seems to be reluctance to get a slice of it whilst all jumped on ETH. Just jealousy and misplaced pride? Any skeletons / dodgy backroom deal rumours that I should be aware off? Just seems strange we haven't picked up a large exchange or two by now....