[XMR] Monero Speculation

[RayX12]

It has been a while since I bought any Monero but I could not resist at these prices.

[Aby Normal]

Wow, according to info below we'll have a Prestashop plugin for XMR payments  

Monero Integrations Updates #7

https://www.reddit.com/r/Monero/comments/6tgxng/monero_integrations_updates_7/

I've already installed BTC payment gateway for prestashop on few places, can't wait to add Monero - FYI prestashop is one of the most popular free POS platforms for retail and online shop, this could be bigger news for XMR than wikileaks, ledger or Indian fiat exchange  

[Fatman3001]

hw wallet in aplha... in september

wikileaks giving you the option to give away money in xmr

and devs who have publicly demonstrated that they will kill any attempt at a pump

what a fucking shitcoin

rip

edit: no offense meant @debruyne

Like how you criticize the minor stuff, but not a peep about the RingCT 2.0 paper, which will fix Monero's bloat problem, as well as massively increase the anonymity set at the same time. Dimwit troll alert. I remember when Monero used to have trolls with more than two brain cells to rub together, but now we have to make do with this. Oh well.

Hey, I hope RingCT 2.0 happens, HW wallet too (although I'd be surprised to see finished code anytime soon). But I don't see anything here that will drive the price up in the short to medium run. If so, the price in BTC risks falling down to the old price range of 0.0017-0.0040. If that happens some slightly enlightened soul will probably just fork this into a new coin with a new community willing to do what it takes to get all the pieces in place. I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

Oh, and regarding your disappointment in troll quality. Top Trolls don't waste their time on lower tier shitcoins. I've never been much of a fan, but a lot of people I respect believe in this coin (or at least they did until the fluffyponzi stunt). I'm kinda awestruck at how little is done to attract new users. GUI wallet needs to be polished and everyone here needs to kiss some serious ledger ass to get that hw wallet support asap (The friggin Trezor drama was amazeballs stupid) or this coin will die. If these things fall into place, and market cap and liquidity gets a bump up, it can find some real use cases in finance. If not it will lose to an xmr clone, or even zcash. That's if it hasn't lost already to Dash (yeez!).

[Aby Normal]

hw wallet in aplha... in september

wikileaks giving you the option to give away money in xmr

and devs who have publicly demonstrated that they will kill any attempt at a pump

what a fucking shitcoin

rip

edit: no offense meant @debruyne

Like how you criticize the minor stuff, but not a peep about the RingCT 2.0 paper, which will fix Monero's bloat problem, as well as massively increase the anonymity set at the same time. Dimwit troll alert. I remember when Monero used to have trolls with more than two brain cells to rub together, but now we have to make do with this. Oh well.

Hey, I hope RingCT 2.0 happens, HW wallet too (although I'd be surprised to see finished code anytime soon). But I don't see anything here that will drive the price up in the short to medium run. If so, the price in BTC risks falling down to the old price range of 0.0017-0.0040. If that happens some slightly enlightened soul will probably just fork this into a new coin with a new community willing to do what it takes to get all the pieces in place. I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

Oh, and regarding your disappointment in troll quality. Top Trolls don't waste their time on lower tier shitcoins. I've never been much of a fan, but a lot of people I respect believe in this coin (or at least they did until the fluffyponzi stunt). I'm kinda awestruck at how little is done to attract new users. GUI wallet needs to be polished and everyone here needs to kiss some serious ledger ass to get that hw wallet support asap (The friggin Trezor drama was amazeballs stupid) or this coin will die. If these things fall into place, and market cap and liquidity gets a bump up, it can find some real use cases in finance. If not it will lose to an xmr clone, or even zcash. That's if it hasn't lost already to Dash (yeez!).

Now that's a perfect example of simpleton troll fud, calling Monero a lower tier coin and spicing it up by saying how little work has been done with a pinch of dash and zec promoting ...
They usually do that when they place their bids low, we'll prolly see more of similar BS in coming days 

[sui_generis]

 I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

lolwut? All cryptocurrencies are research projects, and you're absolutely clueless if you want to argue otherwise. Bitcoin is a research project, certainly one that's more far along, but it's far from complete. Yes, Bitcoin has more "real" usage, but if traditional systems are an elephant, Bitcoin is a mouse and Monero a grasshopper. So what are you acting all haughty about? The outcome is far from decided.

As for your Fluffypony complaints, I didn't like his stunt, but his contributions to this project have FAR, FAR outweighed the harm.

Monero dead? Keep dreaming, the Monero community (as measured by Reddit subscribers, not a perfect metric, but still useful) is growing at about 10% a month!

[Fatman3001]

hw wallet in aplha... in september

wikileaks giving you the option to give away money in xmr

and devs who have publicly demonstrated that they will kill any attempt at a pump

what a fucking shitcoin

rip

edit: no offense meant @debruyne

Like how you criticize the minor stuff, but not a peep about the RingCT 2.0 paper, which will fix Monero's bloat problem, as well as massively increase the anonymity set at the same time. Dimwit troll alert. I remember when Monero used to have trolls with more than two brain cells to rub together, but now we have to make do with this. Oh well.

Hey, I hope RingCT 2.0 happens, HW wallet too (although I'd be surprised to see finished code anytime soon). But I don't see anything here that will drive the price up in the short to medium run. If so, the price in BTC risks falling down to the old price range of 0.0017-0.0040. If that happens some slightly enlightened soul will probably just fork this into a new coin with a new community willing to do what it takes to get all the pieces in place. I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

Oh, and regarding your disappointment in troll quality. Top Trolls don't waste their time on lower tier shitcoins. I've never been much of a fan, but a lot of people I respect believe in this coin (or at least they did until the fluffyponzi stunt). I'm kinda awestruck at how little is done to attract new users. GUI wallet needs to be polished and everyone here needs to kiss some serious ledger ass to get that hw wallet support asap (The friggin Trezor drama was amazeballs stupid) or this coin will die. If these things fall into place, and market cap and liquidity gets a bump up, it can find some real use cases in finance. If not it will lose to an xmr clone, or even zcash. That's if it hasn't lost already to Dash (yeez!).

Now that's a perfect example of simpleton troll fud, calling Monero a lower tier coin and spicing it up by saying how little work has been done with a pinch of dash and zec promoting ...
They usually do that when they place their bids low, we'll prolly see more of similar BS in coming days 

Yeah, criticism is fud. Gotcha!

 I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

lolwut? All cryptocurrencies are research projects, and you're absolutely clueless if you want to argue otherwise. Bitcoin is a research project, certainly one that's more far along, but it's far from complete. Yes, Bitcoin has more "real" usage, but if traditional systems are an elephant, Bitcoin is a mouse and Monero a grasshopper. So what are you acting all haughty about? The outcome is far from decided.

As for your Fluffypony complaints, I didn't like his stunt, but his contributions to this project have FAR, FAR outweighed the harm.

We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.

[sui_generis]

Criticism is one thing, but your posts are more accurately described as indiscriminately shitting all over the place. Don't see the need for the negative attitude in your posts either. Guessing your got burned by that Fluffy pump. Like I said, I wasn't happy with it either, but Fluffypony hardly defines the entire project.

[Fatman3001]

Criticism is one thing, but your posts are more accurately described as indiscriminately shitting all over the place. Don't see the need for the negative attitude in your posts either. Guessing your got burned by that Fluffy pump. Like I said, I wasn't happy with it either, but Fluffypony hardly defines the entire project.

sry, didn't know the xmr community was such a delicate flower

you hide it well

[paratox]

Hey, I hope RingCT 2.0 happens, HW wallet too (although I'd be surprised to see finished code anytime soon). But I don't see anything here that will drive the price up in the short to medium run. If so, the price in BTC risks falling down to the old price range of 0.0017-0.0040. If that happens some slightly enlightened soul will probably just fork this into a new coin with a new community willing to do what it takes to get all the pieces in place. I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

Oh, and regarding your disappointment in troll quality. Top Trolls don't waste their time on lower tier shitcoins. I've never been much of a fan, but a lot of people I respect believe in this coin (or at least they did until the fluffyponzi stunt). I'm kinda awestruck at how little is done to attract new users. GUI wallet needs to be polished and everyone here needs to kiss some serious ledger ass to get that hw wallet support asap (The friggin Trezor drama was amazeballs stupid) or this coin will die. If these things fall into place, and market cap and liquidity gets a bump up, it can find some real use cases in finance. If not it will lose to an xmr clone, or even zcash. That's if it hasn't lost already to Dash (yeez!).

Now that's a perfect example of simpleton troll fud, calling Monero a lower tier coin and spicing it up by saying how little work has been done with a pinch of dash and zec promoting ...
They usually do that when they place their bids low, we'll prolly see more of similar BS in coming days  

Yeah, criticism is fud. Gotcha!

Maybe if you made constructive criticism people could work with it? You basically  just said that you don't think that current developments like  multisig, mobile wallets, kovri and the recent problems with tracing bitcoin transaction/blacklisting/darknetmarket busts will have any positive impact on XMR in the short/medium term, without explaining why.

Then you say monero is a lower tier shitcoin without really explaining why. Of course the community is trying to attract new users (GUI development, Mobile wallet development, informative videos and presentation, meetups, etc). Or do you mean it is a shitcoin because it doesn't try to pull wool over the eyes of the people like dash/zcash/eth and a lot of other projects are doing?

We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.

Which smart contract platform doesn't need traders to keep the wheels spinning? Sure, smart contracts are a nice idea and will be useful in the future, but do we really "need" them in the short/medium term? Do you really think a fungible currency like XMR is useless right now?  

[CaptainJack]

Fat Shit Fluffy is sole person responsible for monero  fall from grace  , he try to stop ETH ico bubble but the consequences is not for ETH instead he kill monero

[Johnny Mnemonic]

You know we're close to the bottom when the trolls start showing up. The next couple weeks should be interesting.

[sui_generis]

You know we're close to the bottom when the trolls start showing up. The next couple weeks should be interesting.

Yep, same thing happened the last time we had a low around .01. Then there was a nice big short squeeze, and all the trolls went from FUDing to crying. Here's to hoping that we can put more Monero shorters in the poorhouse.

[sui_generis]

Fat Shit Fluffy is sole person responsible for monero  fall from grace  , he try to stop ETH ico bubble but the consequences is not for ETH instead he kill monero

Monero's price is currently higher than it was before the whole Fluffy thing. Try harder.

[Fatman3001]

Hey, I hope RingCT 2.0 happens, HW wallet too (although I'd be surprised to see finished code anytime soon). But I don't see anything here that will drive the price up in the short to medium run. If so, the price in BTC risks falling down to the old price range of 0.0017-0.0040. If that happens some slightly enlightened soul will probably just fork this into a new coin with a new community willing to do what it takes to get all the pieces in place. I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

Oh, and regarding your disappointment in troll quality. Top Trolls don't waste their time on lower tier shitcoins. I've never been much of a fan, but a lot of people I respect believe in this coin (or at least they did until the fluffyponzi stunt). I'm kinda awestruck at how little is done to attract new users. GUI wallet needs to be polished and everyone here needs to kiss some serious ledger ass to get that hw wallet support asap (The friggin Trezor drama was amazeballs stupid) or this coin will die. If these things fall into place, and market cap and liquidity gets a bump up, it can find some real use cases in finance. If not it will lose to an xmr clone, or even zcash. That's if it hasn't lost already to Dash (yeez!).

Now that's a perfect example of simpleton troll fud, calling Monero a lower tier coin and spicing it up by saying how little work has been done with a pinch of dash and zec promoting ...
They usually do that when they place their bids low, we'll prolly see more of similar BS in coming days  

Yeah, criticism is fud. Gotcha!

Maybe if you made constructive criticism people could work with it? You basically  just said that you don't think that current developments like  multisig, mobile wallets, kovri and the recent problems with tracing bitcoin transaction/blacklisting/darknetmarket busts will have any positive impact on XMR in the short/medium term, without explaining why.

I think I dropped some clues in there.

Then you say monero is a lower tier shitcoin without really explaining why. Of course the community is trying to attract new users (GUI development, Mobile wallet development, informative videos and presentation, meetups, etc). Or do you mean it is a shitcoin because it doesn't try to pull wool over the eyes of the people like dash/zcash/eth and a lot of other projects are doing?

Beyond what I've already said I tend to lash out when people calls me a fudding simpleton troll.

We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.

Which smart contract platform doesn't need traders to keep the wheels spinning? Sure, smart contracts are a nice idea and will be useful in the future, but do we really "need" them? Do you really think a fungible currency like XMR is useless right now?  

I'm not going to take the whole smart contract argument with you other than that xmr, unlike a smart contract platform, is dependent on market cap and liquidity to be useful. You can run a smart contract with a cheap token just as easily as with an expensive token, but you can't send $50 million fiat-xmr-fiat and expect anything near $50 million to reach the receiver.  So yes, I do think xmr is useless right now. And no, I don't think "a fungible currency like XMR is useless". That's the point.

You know we're close to the bottom when the trolls start showing up. The next couple weeks should be interesting.

Yep, same thing happened the last time we had a low around .01. Then there was a nice big short squeeze, and all the trolls went from FUDing to crying. Here's to hoping that we can put more Monero shorters in the poorhouse.

As if xmr needs any help falling

That been said, around here could be a good place to buy. But if it falls significantly below 0.01 it won't come up again.

[Fatman3001]

As if xmr needs any help falling

That been said, around here could be a good place to buy. But if it falls significantly below 0.01 it won't come up again.

Looks like you learned nothing with your old pal Robert Metcalfe.

Oh, you're thinking of Bitcoin. XMR is more like Minitel atm.

[paratox]

Hey, I hope RingCT 2.0 happens, HW wallet too (although I'd be surprised to see finished code anytime soon). But I don't see anything here that will drive the price up in the short to medium run. If so, the price in BTC risks falling down to the old price range of 0.0017-0.0040. If that happens some slightly enlightened soul will probably just fork this into a new coin with a new community willing to do what it takes to get all the pieces in place. I seem to remember Fluffyponzi saying something about monero being a research project. I had no idea how literal he was.

Oh, and regarding your disappointment in troll quality. Top Trolls don't waste their time on lower tier shitcoins. I've never been much of a fan, but a lot of people I respect believe in this coin (or at least they did until the fluffyponzi stunt). I'm kinda awestruck at how little is done to attract new users. GUI wallet needs to be polished and everyone here needs to kiss some serious ledger ass to get that hw wallet support asap (The friggin Trezor drama was amazeballs stupid) or this coin will die. If these things fall into place, and market cap and liquidity gets a bump up, it can find some real use cases in finance. If not it will lose to an xmr clone, or even zcash. That's if it hasn't lost already to Dash (yeez!).

Now that's a perfect example of simpleton troll fud, calling Monero a lower tier coin and spicing it up by saying how little work has been done with a pinch of dash and zec promoting ...
They usually do that when they place their bids low, we'll prolly see more of similar BS in coming days  

Yeah, criticism is fud. Gotcha!

Maybe if you made constructive criticism people could work with it? You basically  just said that you don't think that current developments like  multisig, mobile wallets, kovri and the recent problems with tracing bitcoin transaction/blacklisting/darknetmarket busts will have any positive impact on XMR in the short/medium term, without explaining why.

I think I dropped some clues in there.

I reread your post. The only clue I can see is that the things that are already happening (putting work into making the user experience better/easier) should happen faster? Sure that would be nice, but considering how young XMR is (a bit over 3 years) it is understandable that things take longer. It is easy to think things happen too slow in the moneroverse, because most other altcoins release their "stuff" faster. But that is mostly because the bitcoin protocol is already over 8 years old and most altcoins use that as a basis. Look at where Bitcoin was after 3 years and compare that to where monero stands now.

Then you say monero is a lower tier shitcoin without really explaining why. Of course the community is trying to attract new users (GUI development, Mobile wallet development, informative videos and presentation, meetups, etc). Or do you mean it is a shitcoin because it doesn't try to pull wool over the eyes of the people like dash/zcash/eth and a lot of other projects are doing?

Beyond what I've already said I tend to lash out when people calls me a fudding simpleton troll.

Just a suggestion. Maybe if you worded your concerns in a more constructive manner, people wouldn't react the way they did? It is really easy to misunderstand how someone meant something when you only have written words on a screen.

We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.

Which smart contract platform doesn't need traders to keep the wheels spinning? Sure, smart contracts are a nice idea and will be useful in the future, but do we really "need" them? Do you really think a fungible currency like XMR is useless right now?  

I'm not going to take the whole smart contract argument with you other than that xmr, unlike a smart contract platform, is dependent on market cap and liquidity to be useful. You can run a smart contract with a cheap token just as easily as with an expensive token, but you can't send $50 million fiat-xmr-fiat and expect anything near $50 million to reach the receiver.  So yes, I do think xmr is useless right now. And no, I don't think "a fungible currency like XMR is useless". That's the point.

I agree partly with you on the smart contract part. To keep it short: Yes marketcap isn't as important, but if nobody trades the coin and nobody has a usecase for smart contracts, the coin will die. Right now I don't see people buying into ETH or other SC platforms because they need to use them for the smart contract feature. That was my point.

Your $50million example may hold true right now, but that is only one specific case. Not everybody is gonna want to sent $50million fiat-xmr-fiat today. A lot of current users of Monero have much less than $50million in wealth, so for them it is useful. Sure liquidity must rise to accommodate wealthier people and if you look at the MCAP development over the past few years, you can see that XMR is on its way to make that happen.

Good things take time.

[Johnny Mnemonic]

And no, I don't think "a fungible currency like XMR is useless".

Okay, I'll bite. What do you think would be the difference between XMR and "a fungible currency like XMR?"

[Fatman3001]

And no, I don't think "a fungible currency like XMR is useless".

Okay, I'll bite. What do you think would be the difference between XMR and "a fungible currency like XMR?"

XMR doesn't respect its potential users. With all this focus on back end and sloooow front end development xmr risks becoming a dev platform for other coins who take users seriously.

I'm also curious to see if fluffyponzi sunk this ship with his little stunt (at this point in crypto, traders are most definitely users). Near-future price action will probably give an answer to that. Fingers crossed.

[cAPSLOCK]

And no, I don't think "a fungible currency like XMR is useless".

Okay, I'll bite. What do you think would be the difference between XMR and "a fungible currency like XMR?"

XMR doesn't respect its potential users. With all this focus on back end and sloooow front end development xmr risks becoming a dev platform for other coins who take users seriously.

I'm also curious to see if fluffyponzi sunk this ship with his little stunt (at this point in crypto, traders are most definitely users). Near-future price action will probably give an answer to that. Fingers crossed.

I was not someone who looked at FP's "troll" announcement as wise or even funny.  That said, it is what it is, and maybe I am just one of the ones who did not "get it".

But I have no idea why you are acting like Monero's descent against BTC has anything to do with that, or is even speculatively significant beyond the question of whether one should risk being out of alts in general to ride the BTC wave.  After all Monero has not fared any worse in this market than other alts.  Better than many.  Looks to me like many are down ~50% right now as compared to BTC.

Monero is down a lot too... but its price in USD holds pretty firmly between $45-50 right now.

I'd say if it breaks under .010 significantly it will be more related to BTC approaching 5kUSD than FP's troll.

This little screenshot tells a story if you ask me:

[Cart]

I think Monero is really interesting since it holds its value very constant in BTC