[XMR] Monero Speculation

[kurious]

Well, we might just be heading for our ATH.

Against Bitcoin of course, which is helping by spiraling down in the midst of its stupid civil war.

I would much rather we were a few points off our dollar ATH...

As for cashing out - sure, well done if you did....

But what into?  Bitcoin?

Ha!

[TrueCryptonaire]

Well, we might just be heading for our ATH.

Against Bitcoin of course, which is helping by spiraling down in the midst of its stupid civil war.

I would much rather we were a few points off our dollar ATH...

As for cashing out - sure, well done if you did....

But what into?  Bitcoin?

Ha!

https://www.youtube.com/watch?v=dfswfOe9Pro

[ultegra]

After buying my first monero in 2014 thanks to people like Risto & Aminorex i have kept a fairly constant 75%/25% xmr/btc ratio in my portfolio since. Recently have now gone 90% xmr 5% eth and 5% btc. Although have traded some xmr along the way to increase my stash have never been tempted to sell any for fiat and have never lost the faith. XMR devs are rock solid guys, will not find a more honest group amongst any other crypto.

[Hueristic]

Well, we might just be heading for our ATH.

Against Bitcoin of course, which is helping by spiraling down in the midst of its stupid civil war.

I would much rather we were a few points off our dollar ATH...

As for cashing out - sure, well done if you did....

But what into?  Bitcoin?

Ha!

I'd say most investors only really care about their local currency so for me it is XMR/USD pair that I care about. But I'm just taking a guess here, I hope people are not move to BTC lol I don't think that will make sense till after all this split shit gets cleared up. Anyone want to try to call the low on BTC before everything gets straightened out and it climbs again? I'm gonna guess it hits low $500's before a stable uptrend starts again. After October maybe?

[KeyJockey]

I'm gonna guess it hits low $500's before a stable uptrend starts again. After October maybe?

Geez, you really think it'll stretch out *that* much longer and *that* far down?

I hope not, but you may be right.  That'd suck donkey balls.

My hunch is one way or another it'll be sorted out by no later than maybe early-mid summer (?)

And hopefully we won't see less than, oh, I dunno, let's say $777 just for fun   

Gentlemen, place yer bets place yer bets... LOL

[kurious]

Well, we might just be heading for our ATH.

Against Bitcoin of course, which is helping by spiraling down in the midst of its stupid civil war.

I would much rather we were a few points off our dollar ATH...

As for cashing out - sure, well done if you did....

But what into?  Bitcoin?

Ha!

I'd say most investors only really care about their local currency so for me it is XMR/USD pair that I care about. But I'm just taking a guess here, I hope people are not move to BTC lol I don't think that will make sense till after all this split shit gets cleared up. Anyone want to try to call the low on BTC before everything gets straightened out and it climbs again? I'm gonna guess it hits low $500's before a stable uptrend starts again. After October maybe?

That is what screws the whole market up.  Most people (realistically) sell XMR into BTC to cash in.  It was certainly my 'normal' route.  XMR to BTC on Polo - BTC to Stamp and sold / transferred to my (European) bank.

Most people on Polo think of XMR in terms of BTC, it's not a USD /BTC trade.  You are far more sensibly watching the USD price - even though it's the only pair that makes real sense if you think about it.  But Polo is our biggest trading market, and the trade is XMR /BTC.

Right now BTC looks increasingly a risky route out - look at it, it's tanking.  Into the 800s over the weekend looks possible, even likely.

The BTC civil war is bad for all crypto.  Something better give soon.

If only I could spend Monero directly on goods and services I want, it would not matter (sigh).    Right now I am re-focusing how I think about all my crypto.  If BTC is toxic, I need to.

[Hueristic]

Well, we might just be heading for our ATH.

Against Bitcoin of course, which is helping by spiraling down in the midst of its stupid civil war.

I would much rather we were a few points off our dollar ATH...

As for cashing out - sure, well done if you did....

But what into?  Bitcoin?

Ha!

I'd say most investors only really care about their local currency so for me it is XMR/USD pair that I care about. But I'm just taking a guess here, I hope people are not move to BTC lol I don't think that will make sense till after all this split shit gets cleared up. Anyone want to try to call the low on BTC before everything gets straightened out and it climbs again? I'm gonna guess it hits low $500's before a stable uptrend starts again. After October maybe?

That is what screws the whole market up.  Most people (realistically) sell XMR into BTC to cash in.  It was certainly my 'normal' route.  XMR to BTC on Polo - BTC to Stamp and sold / transferred to my (European) bank.

Most people on Polo think of XMR in terms of BTC, it's not a USD /BTC trade.  You are far more sensibly watching the USD price - even though it's the only pair that makes real sense if you think about it.  But Polo is our biggest trading market, and the trade is XMR /BTC.

Right now BTC looks increasingly a risky route out - look at it, it's tanking.  Into the 800s over the weekend looks possible, even likely.

The BTC civil war is bad for all crypto.  Something better give soon.

If only I could spend Monero directly on goods and services I want, it would not matter (sigh).    Right now I am re-focusing how I think about all my crypto.  If BTC is toxic, I need to.

I hear ya, I lost like 10% while waiting on coinbase to confirm. !#$@$!@$ --$ 

[Biro Bob]

i'm not going to sell any XMR although I am going to get my bot to buy and sell more using a more agressive balance.

[explorer]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

[Biro Bob]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

[kurious]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding. 

[kurious]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

Hard not to watch the carnage and smell the fear on diehard BTC threads.

But XMR is just doing its thing and holding a fairly tight range in USD terms.  To be honest, it's not that exciting as XMR has not shot up as BTC has dived.  This is slightly disappointing, I really expected to keep no. 4 market cap at least and have a shot at the XMR/BTC ATH again.

A little fresh news excuse would be rather helpful, I would like it a little less quiet here, too.

[rpietila]

There is some action in CK since it was decoupled from XMR approx 50 hours ago.

In fact the price of CK item is now 27,175 instead of 7,000 at the time of announcement (+288% in 50 hours).

[not.you]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding. 

I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me. 

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

[kurious]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding.  

I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me.  

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

Agreed, I have always thought ten minutes was ludicrous for BTC to expect to be used for a coffee purchase as it stands.  Maybe SW and LN would sort this, but BTCs lack of consensus is the thing that is losing it its unassailable status.

Other alts? Of course, eventually will make their mark and takeover, even - but BTC is still the backbone of the market for now.   If another alt surpasses it soon and becomes No. 1, it will have been BTC's fault.   My hunch is BTC will sort something out and we have a way to go yet (before this happens).  

Unless Bitcoin really shoots itself in the foot...

[Its About Sharing]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding.  

I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me.  

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

Agreed, I have always thought ten minutes was ludicrous for BTC to expect to be used for a coffee purchase as it stands.  Maybe SW and LN would sort this, but BTCs lack of consensus is the thing that is losing it its unassailable status.

Other alts? Of course, eventually will make their mark and takeover, even - but BTC is still the backbone of the market for now.   If another alt surpasses it soon and becomes No. 1, it will have been BTC's fault.   My hunch is BTC will sort something out and we have a way to go yet (before this happens).  

Unless Bitcoin really shoots itself in the foot...

BTC is going through some growing pains right now and perhaps there is something a bit sinister afoot. Not sure what to think with BU.
Regarding XMR, the lack of JAXX support or a light wallet imo, really hurt. I think the price would be much higher right now. Maybe that is a good thing. I am a holder however.
And there are questions regarding the fee's for XMR as it relates our growing and quite large blockchain. Sorry, no expert and I just said that poorly, but maybe someone can jump in here.
Speaking of coffee, how does one buy it without a light wallet? Any word on Jaxx integration?

[kurious]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding.  

I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me.  

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

Agreed, I have always thought ten minutes was ludicrous for BTC to expect to be used for a coffee purchase as it stands.  Maybe SW and LN would sort this, but BTCs lack of consensus is the thing that is losing it its unassailable status.

Other alts? Of course, eventually will make their mark and takeover, even - but BTC is still the backbone of the market for now.   If another alt surpasses it soon and becomes No. 1, it will have been BTC's fault.   My hunch is BTC will sort something out and we have a way to go yet (before this happens).  

Unless Bitcoin really shoots itself in the foot...

BTC is going through some growing pains right now and perhaps there is something a bit sinister afoot. Not sure what to think with BU.
Regarding XMR, the lack of JAXX support or a light wallet imo, really hurt. I think the price would be much higher right now. Maybe that is a good thing. I am a holder however.
And there are questions regarding the fee's for XMR as it relates our growing and quite large blockchain. Sorry, no expert and I just said that poorly, but maybe someone can jump in here.
Speaking of coffee, how does one buy it without a light wallet? Any word on Jaxx integration?

Jaxx integration was abandoned AFAIK.

[Febo]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding.  

I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me.  

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

Agreed, I have always thought ten minutes was ludicrous for BTC to expect to be used for a coffee purchase as it stands.  Maybe SW and LN would sort this, but BTCs lack of consensus is the thing that is losing it its unassailable status.

Other alts? Of course, eventually will make their mark and takeover, even - but BTC is still the backbone of the market for now.   If another alt surpasses it soon and becomes No. 1, it will have been BTC's fault.   My hunch is BTC will sort something out and we have a way to go yet (before this happens).  

Unless Bitcoin really shoots itself in the foot...

BTC is going through some growing pains right now and perhaps there is something a bit sinister afoot. Not sure what to think with BU.
Regarding XMR, the lack of JAXX support or a light wallet imo, really hurt. I think the price would be much higher right now. Maybe that is a good thing. I am a holder however.
And there are questions regarding the fee's for XMR as it relates our growing and quite large blockchain. Sorry, no expert and I just said that poorly, but maybe someone can jump in here.
Speaking of coffee, how does one buy it without a light wallet? Any word on Jaxx integration?

How to determinate fees will be revamped in a fork 3 weeks from now.   You will be able to use GUI on your phone. Work on that should start  when GUI beta2  start gets used.

[Its About Sharing]

It's been remarkably quiet in here lately, given the price action.  Everyone glued to BTC drama?

I'm very glad I diversified into alts in 2014, otherwise I'd be very uncomfortable right now.

BTC purists are slagging off the alts and spouting various implausible conspiracy theories, so there is real pain for them - it's not just discomfort...

However, it is just common sense to have a balanced portfolio in crypto. At times like this, it is quite obvious why.

That said, the rise of alts has been huge these past few months with BTC down to 66.3% of the overall crypto market.   Yep, down to under two thirds.  It is true that we are in an alt bubble, so if someone waves a magic wand and ends the civil war, I would expect a sea of red, but the crypto space does have serious contenders now and BTC is never going to be over 90% of the market again.

The only thing to watch out for is that a total collapse in the price of BTC to (say) under $500 will depress the entire market.  Some capital will leave and some exchanges and miners may even be in trouble.   If we are heading for 2014 all over again, it will not be easy no matter what you are holding.  

I have been of the opinion for many years that sooner or later some other crypto would replace BTC.  The reason is simple, there are literally hundreds of cryptocurrencies that are technically superior to BTC.  In the past when I pointed out that BTC block time is not realistic if the intent is to replace cash, I was told that BTC could just change the block time, so these upstart alts with shorter block times don't even matter.  But the truth is that BTC will never, and can never, change the block time; and the reason I feel confident in saying so is that it has now literally been years without a consensus on a scaling solution.  If they can't find consensus on a block size issue in years, they will never, ever, be able to agree on a block time change (although that too would help address the scaling issue).  No, the block time, and reward for BTC are set in stone and no consensus on change would ever arise, which means BTC will never be a viable replacement for cash.  Even if the block size dispute is settled such that I can get a small transaction in the very next block every single time with a tiny fee, waiting 10 minutes on average is too long for a substitute for cash.

BTC has been benefiting from the network effect of having been first.  I have always considered it a matter of time until some replacement asserts itself.  I will admit I did not even suspect monero though until the past 6 months or so.  I have been moving the majority of my BTC into a handful of promising alts for more than a year and this past six months or so (but especially the past two months) has been insanely profitable for me.  Of the top 5 cryptos by market cap I have been accumulating all of them except for ripple (because who needs a centralized cryptocurrency anyway?) so the transfer away from BTC to alts has been very welcome to me.  

But I agree, a full on floundering for BTC would be bad for everything.  I would rather see a slow and steady decline for BTC while it was replaced by alts.

Agreed, I have always thought ten minutes was ludicrous for BTC to expect to be used for a coffee purchase as it stands.  Maybe SW and LN would sort this, but BTCs lack of consensus is the thing that is losing it its unassailable status.

Other alts? Of course, eventually will make their mark and takeover, even - but BTC is still the backbone of the market for now.   If another alt surpasses it soon and becomes No. 1, it will have been BTC's fault.   My hunch is BTC will sort something out and we have a way to go yet (before this happens).  

Unless Bitcoin really shoots itself in the foot...

BTC is going through some growing pains right now and perhaps there is something a bit sinister afoot. Not sure what to think with BU.
Regarding XMR, the lack of JAXX support or a light wallet imo, really hurt. I think the price would be much higher right now. Maybe that is a good thing. I am a holder however.
And there are questions regarding the fee's for XMR as it relates our growing and quite large blockchain. Sorry, no expert and I just said that poorly, but maybe someone can jump in here.
Speaking of coffee, how does one buy it without a light wallet? Any word on Jaxx integration?

How to determinate fees will be revamped in a fork 3 weeks from now.   You will be able to use GUI on your phone. Work on that should start  when GUI beta2  start gets used.

Thanks for that! Great news. I was pretty disappointed with the Jaxx thing. And the other poster said it was abandoned. That is hard to imagine - 100% dropped?

[TrueCryptonaire]

Dumped some more coins...  

Sorry.  

The price is now closer to the Moon than it was when I initially bought coins.
I am not saying it will not go to the moon but the coin represents 2 % of bitcoin right now which is quite good achievement. When you take into account how hard it is to develop and how slowly everything progresses.
The market situation has also changed dramatically recently when Dash passed XMR in market cap. I am having the opinion that only one anon coin can survive and now it looks like it is Dash.
They have far better marketing which generates more users and wider adoption.... But we will see - not bought any Dash though.



And those of you who bought my coins (not sold everything though) I hope you can resell them higher.

I hope I have the opportunity to sell even higher the rest of my coins.