[XMR] Monero Speculation

[aminorex]

The Monero team is really one of the best assets we have.

In a real sense, the only asset.  Take good care of them!

[aminorex]

... this ... will cost 1000 usd next year ...

... will cost 1000 usd when dash will cost 4000.

I think next year is possible but not probable.  My central estimate is q1 2019. What you do in your trousers is of no interest to me.

I am no expert on dash, but consider it conceivable, if unlikely, that it may be 4000 in the same quarter; however, it is at least equally likely that a reflexive cascade of masternode liquidations, or instamine dishoarding, or a high-visibility compromise - take your pick; surely compromise would lead to a torrent of liquidation - will take dash down to double digits, even single, at that time.

[rinus]

... this ... will cost 1000 usd next year ...

... will cost 1000 usd when dash will cost 4000.

I think next year is possible but not probable.  My central estimate is q1 2019. What you do in your trousers is of no interest to me.

I am no expert on dash, but consider it conceivable, if unlikely, that it may be 4000 in the same quarter; however, it is at least equally likely that a reflexive cascade of masternode liquidations, or instamine dishoarding, or a high-visibility compromise - take your pick; surely compromise would lead to a torrent of liquidation - will take dash down to double digits, even single, at that time.

Monero a 1000 usd? That would be nice

[cAPSLOCK]

So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short.
0.015 roea not hold test of 0.011 incoming

I'm rooting for your .011 prediction.  I'll go ahead and set some buy orders at .0114.  Happy if they're filled.  happy if they aren't.

Still waiting...  Orders not filling yet. 

[aminorex]

So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short.
0.015 roea not hold test of 0.011 incoming

I'm rooting for your .011 prediction.  I'll go ahead and set some buy orders at .0114.  Happy if they're filled.  happy if they aren't.

Still waiting...  Orders not filling yet. 

Congrats on your happiness, in that case.

If we are still listening to elevator music while BTC approaches 12kUSD, they shall be filled.

[KiXiNiT]

... this ... will cost 1000 usd next year ...

... will cost 1000 usd when dash will cost 4000.

I think next year is possible but not probable.  My central estimate is q1 2019. What you do in your trousers is of no interest to me.

I am no expert on dash, but consider it conceivable, if unlikely, that it may be 4000 in the same quarter; however, it is at least equally likely that a reflexive cascade of masternode liquidations, or instamine dishoarding, or a high-visibility compromise - take your pick; surely compromise would lead to a torrent of liquidation - will take dash down to double digits, even single, at that time.

Monero a 1000 usd? That would be nice

Don't forget its going to hit $425 in december !.................. 

[ahkiatt]

$425? As a small bagholder I need it to stay calm for a bit while I accumulate more cheap moneros.

[Anon136]

Dispose of the last, easiest point first: By 2040 we are either in a post-apocalyptic dystopia, or no metal is very precious any longer, due to cheap energy, LENR transmutation, and/or asteroid mining.  Any postulated PM bubble has to play out before a post-scarcity future arrives.  2030 seems safe, 2050 seems unsafe, against such a development.

Funny story. This is exactly this line of reasoning that pushed me over the margin and caused me to purchase my bitcoin so many years ago.

The other two are tightly coupled.  As long as obligations are due and denominated in a given numeraire, that currency will have a corresponding demand.  As long as there is a demand denominated in a given numeraire, a supply will arise to preclude arbitrage.  That is how a currency economy expresses social capital as liquidity.  If there were frictionless exchange - and due to trivial technical innovation, there will be, for all the transparent public chains - one currency would be as good as another for commerce, and all would merge into one pool of effective liquidity. But  at some critical level of friction at the exchange margin, economies will segregate by  currency. Certainly we see this kind of coarse-graining even in fiat economies, where the only cause of exchange friction is rent-seeking regulatory capture!  How much more so when there are sound fundamental, cum technological, reasons for it?

Given that certain - inelastic demand - goods will always be denominated preferentially in XMR, it will always have a distinct PQ and V, hence M.  (I cannot say the same of, e.g., BTC.)  The harder it is to exchange into and out of XMR, the more certain it is that the XMR economy will self-sustain, because it will not leak utility at the exchange margin.  Contrast Zcash, which can, trivially, be integrated with the global transparent liquidity pool, and hence has no compelled reserve demand in the long run (nor, I would argue, any risk-averse demand in the short run, for entirely separate reasons).

In short, the 80 tn USD white market global economy may be well served by the transparent liquidity of trivial exchange and unlimited dilution, but the 20 TUSD black market will not be, at least not as easily or as soon.  Moreover, a strictly opaque chain will require some non-trivial protocol advance, not yet in evidence,  to allow liquidity to efficiently flow across exchange with transparent chains.  Thus we can conclude with substantial probability that there will be a dominant opaque chain, even after Bitcoin is diluted into effective oblivion.

None of that should be taken to mean that a migration to PM reserve and crypto liquidity does not occur, over the next decade or two - only, that it's occurrence does not harm Monero, at least not at the order of magnitude in degree that transparent chains without a natural monopoly will be harmed.

So if I understand correctly. You are saying that all the public chains will merge into one pool of liquidity due to a ~ 0 transaction cost environment for moving liquidity between chains but that monero will be somewhat protected from this since moving liquidity between chains will have a sort of friction resulting from the transaction cost resulting from information leak. Do I have this right?

If so than I think it is not an apples to apples comparison. Couldn't many more opaque chains come into existence and have 0 friction with monero and rob us of our liquidity just like happened to bitcoin?

[guesswho1234]

https://asktom.cf/index.php?topic=1958068

once in a while i have to link it.

im sorry but not too much  

[dEBRUYNE]

[Seeks Funding] Funding for Sarang at MRL for Q1 2018

https://forum.getmonero.org/8/funding-required/89005/funding-for-sarang-at-mrl-for-q1-2018


[Seeks Funding] Funding for Surae at MRL for Q1 2018

https://forum.getmonero.org/8/funding-required/89004/funding-for-surae-at-mrl-for-q1-2018

[Turkiwi]

I like Monero but I always like to compare my coins to the competition, and in this case, the competition is unfortunately ahead and much more superior than Monero. Zcash, do I need to say more? Why is Zcash the most well capitalized crypto out there (focusing on private transactions?). There must be a reason for that, they simply have a better technology than Monera and this has been confirmed by so many. Monero doesn't even only have such competition, they have other competitors out of their industry (privacy sector) such as Ethereum, which will soon implement the same technology that Zcash is using. So you'll have Ethereum that can do all these crazy things (smart contacts) and do them privately, and then have Monero which can only do one thing, transact privately. Why would you choose Monero over that?

[garytheasshole]

I like Monero but I always like to compare my coins to the competition, and in this case, the competition is unfortunately ahead and much more superior than Monero. Zcash, do I need to say more? Why is Zcash the most well capitalized crypto out there (focusing on private transactions?). There must be a reason for that, they simply have a better technology than Monera and this has been confirmed by so many. Monero doesn't even only have such competition, they have other competitors out of their industry (privacy sector) such as Ethereum, which will soon implement the same technology that Zcash is using. So you'll have Ethereum that can do all these crazy things (smart contacts) and do them privately, and then have Monero which can only do one thing, transact privately. Why would you choose Monero over that?

Because Monero is better in every measurable way. Have fun with your "superior" technology https://zcoin.io/zcoins-zerocoin-bug-explained-in-detail/ https://www.cryptocoinsnews.com/i-accidentally-killed-it-parity-wallet-bug-locks-150-million-in-ether/

[Febo]

Seems more and more Darkmarkets are adding Monero:  https://www.reddit.com/r/DarkNetMarkets/comments/7d4lvg/zion_market_full_monero_wallets_added/

Also it seems rumors about a week ago about a Korean exchange adding Monero was true https://www.reddit.com/r/CryptoCurrency/comments/7cfcid/additional_6korean_won_markets_xpr_ltc_dash_xmr/

Also shock for me today realizing there are 4 ATMs where I can buy Monero less then 100km from my house. On at least two  I can also sell them.  https://www.generalbytes.com/   have over 900 installed world wide. If you would tell me that a year ago I would say you are a total dreamer.

[KiXiNiT]

Monero drops down to #9 on coinmarketcap

[Globb0]

I like Monero but I always like to compare my coins to the competition, and in this case, the competition is unfortunately ahead and much more superior than Monero. Zcash, do I need to say more? Why is Zcash the most well capitalized crypto out there (focusing on private transactions?). There must be a reason for that, they simply have a better technology than Monera and this has been confirmed by so many. Monero doesn't even only have such competition, they have other competitors out of their industry (privacy sector) such as Ethereum, which will soon implement the same technology that Zcash is using. So you'll have Ethereum that can do all these crazy things (smart contacts) and do them privately, and then have Monero which can only do one thing, transact privately. Why would you choose Monero over that?

Oh thanks, care to share a bit more details of your research into each, in order that you could draw that conclusion and further be so confident of it as to come announce it here as fact?

Thanks

[prabakharras]

Monero drops down to #9 on coinmarketcap

Monero #3 here https://www.coingecko.com/en

[leea-1334]

I think next year is possible but not probable.  My central estimate is q1 2019. What you do in your trousers is of no interest to me.

I am no expert on dash, but consider it conceivable, if unlikely, that it may be 4000 in the same quarter; however, it is at least equally likely that a reflexive cascade of masternode liquidations, or instamine dishoarding, or a high-visibility compromise - take your pick; surely compromise would lead to a torrent of liquidation - will take dash down to double digits, even single, at that time.

I am no expert in either Dash or Monero, but if you look from my simplistic average user (yes, user, nor just hoarder and definitely not trader), then you can understand my long surprise with how they have both turned out so far in terms of price.

I have so many uses for Monero, but only know 1 place that I might use it.

Forget comparisons of tech, both are probably too sophisticated for users like me to utilize 100%. I cannot speculate what Dash or XMR will cost in 2018 or 2019.

But exactly, 4000 is posssible, I can imagine it for DASH. But I can more easily imagine worse things like you point out: MN liquidations, instamine offloading.

[roboadvisorcoin]

Monero drops down to #9 on coinmarketcap

Monero #3 here https://www.coingecko.com/en

Monero #5 according to our forecasts:https://roboadvisorcoin.com/crypto-predictions/

[andromed22]

Monero drops down to #9 on coinmarketcap

This is temporary, very soon Monero's ranking will be in the top 5. I'm sure , many analysts say that Monero's price will see 200 dollar. It will surely be better soon.

[Billy Bunter]

Update on the Monero/Globee initiative:

https://www.reddit.com/r/Monero/comments/7d49in/any_news_on_the_globee_secret_project/dpv864h/