[XMR] Monero Speculation

[explorer]

This made me laugh, everyone should definitely do this!

https://www.youtube.com/watch?v=L7RXCMAwH_E

I'm going to give this link to anyone coming here asking how to get this shit.

Just post your seed words on reddit.

[infofront]

I'm guessing the Monero crash is a result of the impending MoneroV fork. It's another "sell the news" event. As usual, it will undershoot the market price, and provide a good buying opportunity.

[Hueristic]

Anyone else experiencing connection errors with Poloniex website?

Yes, I had to enable a few new IP's.

Just post your seed words on reddit.

Lol it will be just as safe, one of mine is dog, you all can guess the rest.

[pocketfullofpoke]

I think monero will have a better run this year than last year and i hope my investment on it will be worthy for my money. I believe in monero because of its usage and popularity and i speculate that it will reach 500$ this year.

[cAPSLOCK]

Hmm.. That ginormous head and shoulders on the 1H chart making anyone else a little twitchy?

[mambamanagement]

Hmm.. That ginormous head and shoulders on the 1H chart making anyone else a little twitchy?

what’s that mean? what you think will happen?

[solias]

I would like to hear thoughts about Monero and Masari (MSR). Note that this could affect Monero's price in the very long run, so it is not out of topic, unless this thread is confined to short-term speculations. Masari seems to be the only legit other cryptonote coin. Can this newly born, in the future, eat some of the Monero's cake? On one hand, certainly liquidity seems, in the long time horizon, to converge to a monopoly. Hence the argument against the possibility of survival and existence of other coins, assuming same underlying technology. But Monero could face scaling issues, and if that happens, solutions will be sought. One such solution might be for Monero to become 'Gold reserves', and another more scalable cryptonote coin the actual cash, to be used for daily transactions. Certainly some new technology will have to bridge the two coins to make the process of swapping them frictionless. That would have Masari eat some of the Monero's meal. Thoughts, inputs?

[cAPSLOCK]

Hmm.. That ginormous head and shoulders on the 1H chart making anyone else a little twitchy?

what’s that mean? what you think will happen?

Well I am no technician, but that pattern on the chart tends to signal a downward move.

https://www.investopedia.com/terms/h/head-shoulders.asp

[smooth]

Masari seems to be the only legit other cryptonote coin.

You're bordering on blatant promotion here. Come on.

MSR is ranked roughly #600 on coinmarketcap. It could have a great future and if so might become worthwhile to discuss as a direct competitive threat to Monero some day. but until then I have a hard time believing there aren't a good share of 600 others that are more relevant to this thread.

[Febo]

There is lots of Monero Forks or other cryptonote coins. And many many more to come. Each have some problems and worries.  Calling one of them this or that is a bit silly specially if is only few months old.

It could happen that transparent ledger coins could get totally abandoned. At that point all of these coins would flourish. If that will not happen then will be the same as right now.

[pa]

How far is Monero from incorporating a Lightning Network? It would go a long way towards addressing critics’ scaling concerns. What would atomic crosschain swaps over Lightning do to Monero’s price?

[Febo]

How far is Monero from incorporating a Lightning Network? It would go a long way towards addressing critics’ scaling concerns. What would atomic crosschain swaps over Lightning do to Monero’s price?

Someone else might speculate about time when this might happen.  But I see it extremely useful for any anon currency  since it would sort of be an extremely simple decentralized exchange. Altho as I understand to achieve atomic swaps would need some sort of centralism, so is hard to say.

That will not happen that fast is on other hand good, since Bitcoin will be testbed for it, so same mistakes will not be repeated in Monero.

[KiXiNiT]

VERY rough week for Monero it seems, most of the crypto market has moved ahead and it seems to be one of the very few coins that has stagnated, MoneroV pump wearing off but still I thought it'd be a little higher.

The crypto market cap is nearly up 15% from a week ago and its gone backwards.

Hopefully May will bring us some positive price action.

[nazzer]

Masari seems to be the only legit other cryptonote coin.

You're bordering on blatant promotion here. Come on.

MSR is ranked roughly #600 on coinmarketcap. It could have a great future and if so might become worthwhile to discuss as a direct competitive threat to Monero some day. but until then I have a hard time believing there aren't a good share of 600 others that are more relevant to this thread.

Seems like the MSR people like shilling in Monero threads - dunno why, maybe they think just because the code base is derivative MSR might actually be useful...

[nazzer]

VERY rough week for Monero it seems, most of the crypto market has moved ahead and it seems to be one of the very few coins that has stagnated, MoneroV pump wearing off but still I thought it'd be a little higher.

The crypto market cap is nearly up 15% from a week ago and its gone backwards.

Hopefully May will bring us some positive price action.

I held on from 100 to 350 (sold there) and now am back in accumulation mode.

Patience

[rinus]

Patience is the key, but I hope we will see another pump soon... did not see that much action after the hard fork ( the real one ) and the coming ledger wallet...

[explorer]

Patience is the key, but I hope we will see another pump soon... did not see that much action after the hard fork ( the real one ) and the coming ledger wallet...

  I expect the beast will reawaken somewhat with the point release.  Ledger support has been long awaited.

[teskostecenje]

Was expecting bigger pump because of moneroV fork but it seems its a good time to open short position on it for now since monero already had its pump untill ledger integration comes to play.Anyone got eta on when this will happen?

[solias]

Masari seems to be the only legit other cryptonote coin.

You're bordering on blatant promotion here. Come on.

MSR is ranked roughly #600 on coinmarketcap. It could have a great future and if so might become worthwhile to discuss as a direct competitive threat to Monero some day. but until then I have a hard time believing there aren't a good share of 600 others that are more relevant to this thread.

Smooth apologies. I hold the same legitimacy for Aeon as well. MSR appears interesting for the sharding, but haven't studied the design thoroughly yet. Not advertising the coin. I only meant to stimulate a discussion around the interaction of XMR with smaller, lighter coins, which could be the technical scheme required to face a large economy's volume of transactions; and its impact on the price, long-term.

[chennan]

Masari seems to be the only legit other cryptonote coin.

You're bordering on blatant promotion here. Come on.

MSR is ranked roughly #600 on coinmarketcap. It could have a great future and if so might become worthwhile to discuss as a direct competitive threat to Monero some day. but until then I have a hard time believing there aren't a good share of 600 others that are more relevant to this thread.

Smooth apologies. I hold the same legitimacy for Aeon as well. MSR appears interesting for the sharding, but haven't studied the design thoroughly yet. Not advertising the coin. I only meant to stimulate a discussion around the interaction of XMR with smaller, lighter coins, which could be the technical scheme required to face a large economy's volume of transactions; and its impact on the price, long-term.

Agreed as well, even though Smooth has never tried to stimulate conversation about his project over in this thread or other coin threads... so you have a good point about how they probably hold the same legitimacy trying to "tweak" some things to practically the same codebase as Monero to make them more "lightweight", he never goes around and tries to "preach the word" to other monero people here or anywhere else besides explaining his viewpoints on the Aeon rebase over at /r/Aeon or over at the other Aeon threads here on Bitcointalk.