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Author Topic: [XMR] Monero Speculation  (Read 3317174 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
Hueristic
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February 15, 2017, 02:44:09 AM
 #26881


Vinyl is a niche / hipster resurgence.  The recent resurgence doesn't even begin to compare with the growth of VHS / CD / DVD in their prime.  All three were among the fastest / largest consumer appliance adoptions in history.  And vinyl players are much simpler / smaller than laserdisc players.  And urning over a vinyl while smoking pot and drinking craft beer is less disruptive than having to do that while watching Jaws.

Pricing doesn't happen in a vacuum.  If more people perceived Laserdisc as superior to VHS, there would have been more first adopters, and then second adopters, and then the Laserdisc manufacturers would have more economies of scale and capital to invest in R&D to develop cheaper players.  Original video cassette players were also very expensive, but as people started to see the paradigm shift / mass consumer appeal, more competitors entered the market, more capital invested in factories, economies of scale, etc.

Actually it does if you are the only copywrite holder, the barrier to entry was insanely high. I think I was making minimum wage of $2.80 then. Where could I get $850 for one movie? If they had taken a hit on the production and not tried to recoup all the R&D right off the bat they would have taken the vhs movie market. The quality was that far superior. Do you even remember watching one for the first time or were you not even there?


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Quality in terms of mass consumer adoption is a subjective matter.  While Laserdisc may have had better image / sound quality, it turns out the qualities that were more compelling were: multi-function (time-shifting TV, ability to play recorded home videos with also originally expensive VHS cameras); lower cost of production (niche videos and PORN!); and relative durability. Cost followed these attributes.

None of this is true and VHS cameras were huge and too expensive for most.

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When music companies were getting killed by the ipod and other digital offerings, they also tried the "quality" argument.  They tried to point out that CDs were better quality than most digital offerings, and there was a brief attempt at "HD Audio."  But it turned out, the quality that mattered this time was cheapness and ubiquitous access.  The FLAC guys remained a niche.

Thanks for the apples vs oranges argument.
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PS - Re. the Sony patent I cited, that one didn't hurt them.  Together with Philips and other players, they created a patent licensing consortium where they bundled all the patents that were "essential" for CD production into a single offering that was available to any party who wanted to make CDs for a fixed cost, part of the "red book" standard.  So there is also a legal / cooperative aspect to why CDs and then DVDs became the global standard.

Of course it hurt them, are you really arguing that because they managed to get money in the future from patents is akin to owning the entire movie market of the time?

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PPS - Seriously, don't dismiss the impact of porn.  The high capital costs to manufacture laserdiscs meant manufacturing was centralized among large companies.  Those companies didn't want to make dirty filthy porn movies.  But the ease of duplicating VHS cassettes meant smaller companies could easily enter the VHS porn market.  Porn is to media as drugs / illegal activities are to crypto.  Aha - I managed to turn the conversation back to Monero!

I did not dismiss it, I never addressed it as it is not relevant. Porn will be released on whatever media the masses are using.

I'm getting sick of this argument, my time is worth more to me than this is worth. If you don't agree with my veiws then that is fine. Just know you have not and cannot change mine on this subject.

BTW OS2 was far superior to windows and lost do to IBM overpricing at launch as well.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 15, 2017, 03:15:06 AM
 #26882

If you don't agree with my veiws then that is fine. Just know you have not and cannot change mine on this subject.


If your views "cannot change", then I agree this conversation is not worth pursuing.  And that is fine.  Good night.
Johnny Mnemonic
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February 15, 2017, 04:35:28 AM
 #26883

BTW OS2 was far superior to windows and lost do to IBM overpricing at launch as well.

Again, those are products (based on similar tech). Everyone agrees that an inferior product with better marketing can be more commercially successful.

I think bobabouey2's point is that affordable pricing follows adoption. Early LCD panels are a good example.

But let's not pointlessly argue.
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February 15, 2017, 04:57:27 AM
 #26884

BTW OS2 was far superior to windows and lost do to IBM overpricing at launch as well.

Again, those are products (based on similar tech). Everyone agrees that an inferior product with better marketing can be more commercially successful.

I think bobabouey2's point is that affordable pricing follows adoption. Early LCD panels are a good example.

But let's not pointlessly argue.

No, instead, let pointfully recognize how friggin awesome Monero is.

I mean I still don't get peoples hurdle to it. Then again, I talk to people that don't get Bitcoin, so its not that far of  stretch to imagine that monero is impossible to understand.

I mean, how did the Internet become popular? Its a set of protocols, and the protocols provide information. People apparently love information. Can;t get enough of it.

Cryptocurrencies are different though. Its a similar breakthrough in protocol and ability - but much like the original software was possibly never imagined to do the things its doing now, wtf will monero be doing?

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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February 15, 2017, 05:55:58 AM
 #26885

Agree with TC here.

Why not save 2/3 of your extra money in silver and Bitcoin, while gambling the other 1/3 in Monero?

This provides a silver liquidity cushion for emergencies, so you don't have to sell any crypto (which is more of a PITA).   Cheesy


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Monero
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whether we have a dictatorship or a real democracy." 
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February 15, 2017, 08:34:09 AM
 #26886

February breakout...?

XMR looking feisty again  Wink

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February 15, 2017, 08:34:53 AM
 #26887

XMR/BTC is back on track!  Cool

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February 15, 2017, 08:42:56 AM
 #26888

We just popped over Litecoin's market cap into no. 4 position...

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February 15, 2017, 08:48:36 AM
Last edit: February 15, 2017, 09:00:40 AM by Johnny Mnemonic
 #26889

But let's not pointlessly argue.

No, instead, let pointfully recognize how friggin awesome Monero is.

I mean I still don't get peoples hurdle to it. Then again, I talk to people that don't get Bitcoin, so its not that far of  stretch to imagine that monero is impossible to understand.

I mean, how did the Internet become popular? Its a set of protocols, and the protocols provide information. People apparently love information. Can;t get enough of it.

Cryptocurrencies are different though. Its a similar breakthrough in protocol and ability - but much like the original software was possibly never imagined to do the things its doing now, wtf will monero be doing?

My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?
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February 15, 2017, 09:16:22 AM
 #26890

We just popped over Litecoin's market cap into no. 4 position...

Awesome news, I'm speculating/hoping that XMR will be 2nd or 3rd in respect to market cap by the end of the year.
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February 15, 2017, 10:08:21 AM
 #26891

We just popped over Litecoin's market cap into no. 4 position...

Awesome news, I'm speculating/hoping that XMR will be 2nd or 3rd in respect to market cap by the end of the year.

25% up from here (ish) takes us over Ripple, into 3rd.

Ethereum would take a hell of a lot more to top, an over 600% increase in price.

I will settle for a comfortable third. Second place is way down the line, only a collapse in sentiment for ETH along with a good rise in XMR would see this come to fruition.

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February 15, 2017, 10:10:10 AM
 #26892

Any reason for the price surge yet?

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February 15, 2017, 10:17:16 AM
 #26893

Two legs up, next one goes over 0.14 if the pattern repeats.

Should be inside 12 hours... Buy side needs to increase - it's still under 2K in spite of volume hike to daily 3K in volume (on Polo).

Less coins than usual in a drive up, but maybe there's more in wallets and on other exchanges now.  Supply on Polo is only just over 200K - but on exchange buy orders do not exceed this in purchasing power, which is usually the indicator of a rise coming.

Watching with interest.  Any positive news now will see a lot of green.

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February 15, 2017, 11:55:54 AM
 #26894

Any reason for the price surge yet?
It is always the same reason for every coin since the first mined bitcoin - S.P.E.C.U.L.A.T.I.O.N
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February 15, 2017, 12:58:56 PM
 #26895

Any reason for the price surge yet?

http://blog.kraken.com/post/155126375697/kraken-launches-monero-trading
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February 15, 2017, 03:36:58 PM
Last edit: February 15, 2017, 03:52:24 PM by Monerobuyer
 #26896

Kraken news was from January 2.

Is it dumb to buy more into this rally?

Who thinks this rally is taking us above 0.014?


There will come a point when Ethereum is still not functional and  sentiment will collapse. Ethereum doesn't even solve anything. I'm happy with the service Uber and air b n b and eBay provide. They don't steal my money the way the government does through inflation. When someone tries to rip me off on eBay, eBay refunds my money. Trusted third party in currency corrupts absolutely. Trusted third such as eBay, Uber etc is kept reliable/competitive by the marketplace (i.e. Lyft )....
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February 15, 2017, 03:49:03 PM
 #26897

+1.

Bought some ETH + XMR.

It was pretty quiet last months, it's time to see some movements in ALTs.
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February 15, 2017, 04:39:38 PM
 #26898

But let's not pointlessly argue.

No, instead, let pointfully recognize how friggin awesome Monero is.

I mean I still don't get peoples hurdle to it. Then again, I talk to people that don't get Bitcoin, so its not that far of  stretch to imagine that monero is impossible to understand.

I mean, how did the Internet become popular? Its a set of protocols, and the protocols provide information. People apparently love information. Can;t get enough of it.

Cryptocurrencies are different though. Its a similar breakthrough in protocol and ability - but much like the original software was possibly never imagined to do the things its doing now, wtf will monero be doing?

My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?

I love this idea. Would be a new basis for freedom of speech and association and commerce.
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February 15, 2017, 04:43:30 PM
 #26899


My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?


What you wrote there pretty much describes MaidSafe.

Thing is... they have not gotten to the actual implementation part of the SafeCoin yet so I could see some scenario where SAFE actually could maybe implement Monero on top instead.  Or in addition to, same as how BTC and XMR may happily co-exist each serving a specific niche need (open transparent gold store of value and closed private secure cash transaction medium, respectfully).

One of the biggest interesting things about MaidSafe to me is that its crypto SafeCoin doesn't have or need ANY "blockchain" (since apparently the native file storage architecture of serverless websites IS the "hard disk" itself, so the "blockchain" will just live on that.

Or... something like that.  LOL.  

I still don't fully grok exactly what those guys are doing but I bought into it a few years ago in their crowdsale for like 4 cents per MaidSafeCoin.  I put just ONE bitcoin into it back then, totally on a whim, just because I was impressed that they're trying to build something SO AMBITIOUS.  So far MaidSafeCoin is my second-best performing crypto investment, beaten only by Monero after XMR's stellar 2016 performance Smiley

Anyway sorry for the derail again... back to Monero Speculation.

You guys think THIS bump last couple days is really the launch of our expected SPRING RALLY...?  Or is this a head-fake and still too early?

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February 15, 2017, 05:59:19 PM
 #26900



My prediction: KYC ultimately goes away. The internet is a giant meshnet like hyperboria, and web sites are hashed and served p2p (like IPFS or bitTorrent). This means all content is immutable and censorship free. All requests require a micro-payment sent to the seeder. Anyone can surf or stream for free as long as they also seed content to others for payment.

Could this be Monero's killer app? A decentralized, bitTorrent-like p2p network where leechers pay seeders to serve them content?


Already mostly exists... Zeronet

Google " zeronet zerohello proxy" its free and already exists

Zerohello is a good viewing window without having to dl anything.

https://bit.no.com:43110/1HeLLo4uzjaLetFx6NH3PMwFP3qbRbTf3D
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