[XMR] Monero Speculation

[rangedriver]

Naturally, you're all forgetting that scientists are 25 years away from creating the first molecular assemblers, and 100 years away from creating the first atomic assemblers.

In the first instance, molecular assembly, it is indeed possible to 'photocopy' and 'assemble' any material object providing you have the necessary starting elements. In any capacity (including weaponised and/or generated from the funds of national governments) this would inevitably lead to economic catastophe by way of the ease in being able to 'print' unlimited amounts of paper money, along with other intricate valuables, while leaving only the elements themselves (most notably gold and silver).

This is 25 years away.

In the second instance, atomic assembly, there is no need even for a portfolio of base elements as each atom would be generated from a standard abundant element as required (e.g oxygen etc). In this scenario, neither gold or silver is spared from replication, thus leading to total material-as-storage-of-wealth destruction, and while this would theoretically lead to a 'post-scarity economy' of infinite material abundance, it would still leave a gaping hole for economies that cover the service sectors and any other human faculty of labour not represented by physical things (e.g governence).. hence, the global monopolisation of crypto-currencies, as theoretical stores of wealth that are immune from replication.

So yea... Bitcoin... Monero... Good time to buy.

Happy Saturday Everyone.

Updates:-

https://singularityhub.com/2016/05/16/nanorobots-where-we-are-today-and-why-their-future-has-amazing-potential/
https://singularityhub.com/2016/05/10/how-scientists-are-hacking-biology-to-build-at-the-molecular-scale/
http://www.nextbigfuture.com/2016/08/when-molecular-nanofactory-is-realized.html
http://physicsworld.com/cws/article/news/2016/nov/07/atom-assembler-makes-defect-free-arrays

Don't underestimate the race for molecular and/or atomic assembly. Very much like the pursuit of atomic weapons, the entity that cracks this science will inherit the earth... and gold and silver will be worth nada.

There is literally no substitute for wealth storage that is immune from replication. All that remains is how quickly the masses start to understand and pre-empt this, while adjusting their positions accordingly.

[FOMOFish]

Looks like we have a short term reversal. Xmr is holding very well in the midst of the btc recovery. I expect ath 0.023 in the next month.

that would be a ~ 1 month high, not ATH.  ATH is currently 0.0265 from about 7 months ago.  It was due yesterday, but for some unfathomable reason, rangedriver missed the timing.  I know.  I can't believe it either.

I am expecting sub 0.018 on xmr now. All alts need further correction I will buy xmr at sub 0.016-0.017.

[cryptimus prime]

I am expecting sub 0.018 on xmr now. All alts need further correction I will buy xmr at sub 0.016-0.017.

Are you a relative of the user Adolf from this forum? Because you remind of him and his huge trading knowledge and long year experience in this field.

[hoertest]

has XMR been in heavy accumulation last couple of weeks while the other top coins pumped like crazy?

[Febo]

has XMR been in heavy accumulation last couple of weeks while the other top coins pumped like crazy?

Not at all. Price was from $18-25. I guess that is normal Monero price. Nothing unexpected happened. Development is just steady and solid. Yes there was successful launch of GUI2, but that was expected.

[hoertest]

has XMR been in heavy accumulation last couple of weeks while the other top coins pumped like crazy?

Not at all. Price was from $18-25. I guess that is normal Monero price. Nothing unexpected happened. Development is just steady and solid. Yes there was successful launch of GUI2, but that was expected.

thats exactly what i meant. Like Moneros next Bullrun is still due to come. I could be very very wrong (probably)  but it just feels like Monero could really shock in April May when let loose. But who knows these days   

[Hueristic]

Still waiting on a good reentry point. I goofed, put in a lowball for ripple (shitscamcoin-but thought it was gonna spike) the order never got filled and it's up 170% today. Shit! Well I shorted it lets see what happens. I'm tying to build up some BTC for re-entry by trading these shitcoins, they are massively swinging these days. The dash short I made was fun, I bailed though as I didn't want to get squeezed in that clusterfuck of a market.

I'm calling the Monster Dash P&D "The great Masternode exit scam".

GOD bad time to short it! just went from 5k to 6.4k, low of 2k yesterday. I think I'm gonna get Rekt.

[explorer]

Still waiting on a good reentry point. I goofed, put in a lowball for ripple (shitscamcoin-but thought it was gonna spike) the order never got filled and it's up 170% today. Shit! Well I shorted it lets see what happens. I'm tying to build up some BTC for re-entry by trading these shitcoins, they are massively swinging these days. The dash short I made was fun, I bailed though as I didn't want to get squeezed in that clusterfuck of a market.

I'm calling the Monster Dash P&D "The great Masternode exit scam".

GOD bad time to short it! just went from 5k to 6.4k, low of 2k yesterday. I think I'm gonna get Rekt.

over 7k.  Pretty much rekt Poloniex, they can't handle the traffic.  It is madness there.  Monero just keeps chugging along a downward channel, no drama.

[Hueristic]

Still waiting on a good reentry point. I goofed, put in a lowball for ripple (shitscamcoin-but thought it was gonna spike) the order never got filled and it's up 170% today. Shit! Well I shorted it lets see what happens. I'm tying to build up some BTC for re-entry by trading these shitcoins, they are massively swinging these days. The dash short I made was fun, I bailed though as I didn't want to get squeezed in that clusterfuck of a market.

I'm calling the Monster Dash P&D "The great Masternode exit scam".

GOD bad time to short it! just went from 5k to 6.4k, low of 2k yesterday. I think I'm gonna get Rekt.

over 7k.  Pretty much rekt Poloniex, they can't handle the traffic.  It is madness there.  Monero just keeps chugging along a downward channel, no drama.

I think it's a DDos at the same time the squeeze hit and apparently there were no confirms and people couldn't close positions. I decided to ride it out and went back into the black before another squeeze hit so I'm still waiting it out. My position is small and It would have to double for me to get called.

If it keeps going I would not be surprised if other groups took advantage of this to crush shorts.

[explorer]

Still waiting on a good reentry point. I goofed, put in a lowball for ripple (shitscamcoin-but thought it was gonna spike) the order never got filled and it's up 170% today. Shit! Well I shorted it lets see what happens. I'm tying to build up some BTC for re-entry by trading these shitcoins, they are massively swinging these days. The dash short I made was fun, I bailed though as I didn't want to get squeezed in that clusterfuck of a market.

I'm calling the Monster Dash P&D "The great Masternode exit scam".

GOD bad time to short it! just went from 5k to 6.4k, low of 2k yesterday. I think I'm gonna get Rekt.

over 7k.  Pretty much rekt Poloniex, they can't handle the traffic.  It is madness there.  Monero just keeps chugging along a downward channel, no drama.

I think it's a DDos at the same time the squeeze hit and apparently there were no confirms and people couldn't close positions. I decided to ride it out and went back into the black before another squeeze hit so I'm still waiting it out. My position is small and It would have to double for me to get called.

If it keeps going I would not be surprised if other groups took advantage of this to crush shorts.

Saw in the TB active traders was up to over 20000 from yesterdays ~8000. That and 115k btc 24h volume on cRipple alone made their systems choke.  There's some really upset people over there.

  Monero in 6th position on volume chart is pretty weird to see.  I don't ever recall seeing it that low before.

[Globb0]

[FOMOFish]

I am expecting sub 0.018 on xmr now. All alts need further correction I will buy xmr at sub 0.016-0.017.

Are you a relative of the user Adolf from this forum? Because you remind of him and his huge trading knowledge and long year experience in this field.

0.0179 as expected.

[Genesis1337]

I am expecting sub 0.018 on xmr now. All alts need further correction I will buy xmr at sub 0.016-0.017.

Are you a relative of the user Adolf from this forum? Because you remind of him and his huge trading knowledge and long year experience in this field.

0.0179 as expected.

oh look, i guess it is adolf  xmr too the moon next week

[explorer]

I am expecting sub 0.018 on xmr now. All alts need further correction I will buy xmr at sub 0.016-0.017.

Are you a relative of the user Adolf from this forum? Because you remind of him and his huge trading knowledge and long year experience in this field.

0.0179 as expected.

What happened to

I believe monero will correct to 152 -162 over the next week. View the long term chart and we can see that all alts need a strong correction.

The only thing expected is that you will have  a new prediction in 2 days hours.

[Macno]

Just out of curiosity, as Icey does not want to answer my questions in his favorite thread (DASH ANN):

Now that DASH/XMR has crashed, have the CON holders been wiped out?
Or would XMR/DASH have to crash and how does that scheme work?

[explorer]

Just out of curiosity, as Icey does not want to answer my questions in his favorite thread (DASH ANN):

Now that DASH/XMR has crashed, have the CON holders been wiped out?
Or would XMR/DASH have to crash and how does that scheme work?

I think April Fools is over now.

[Macno]

OK it seems people are uninterested in the Markka (CK) pump.

Is there any way I can help you to make it possible to short it?

Is registering to Crypto Kingdom (takes about 2 minutes) a too big difficulty if you want to make a killing (not!) shorting Markka (it has pumped +1000% in 5 weeks now)?

Why is CK going off the XMR standard?  Doesn't that make Markka fiat, like WoW Gold?

If Eulora can keep using their BTC-based economy, why can't CK stay on XMR?

The main reason that Crypto Kingdom had to go off the XMR standard is that XMR is hard currency. By August of 2016 Crypto Kingdom had built a very large XMR denominated debt in the form of Consul Bonds (CON). This XMR denominated debt was the result of paying for among other things the development of the game. The equity, CK gold was, fixed effectively leaving only XMR denominated debt as the way to raise capital for development and improvement of the game. What had to occur and occurred was a conversion of the XMR denominated debt into equity since it was completely unsustainable. This was a accomplished by converting CON (XMR debt) into CK together with the voting / equity component of the old CK gold also into CK. The latest move is to use CK as the in game currency. The best analogy I could think of would be World of Warcraft or Second Life but where stock in Blizzard Entertainment, instead of WoW gold, or stock in Linden Labs, instead of Linden Dollars, was used as the in game currency.  This makes CK actually very unique since equity in the game itself is used as the in game currency.

My take is that the "CK pump" is to a large degree due to freeing Crypto - Kingdom from its XMR denominated debt albatross. In this way Crypto Kingdom would not be impacted by a crash in DASH/XMR which would likely wipe out a holder of XMR denominated debt.

Edit:  DASH/XMR https://poloniex.com/exchange#xmr_dash

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

[explorer]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

[Macno]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

Well, some people call a brand new crypto PIVX...and Consul Bonds seemed to fit in that very particular Risto mindset...

[Genesis1337]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

Well, some people call a brand new crypto PIVX...and Consul Bonds seemed to fit in that very particular Risto mindset...

PIVX is another ponzi scheme pump and dump no?