Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
aminorex
on 23/11/2017, 14:43:24 UTC
Zcash protocol ... banks and financial institutions,

It will not be because no one sane would trust trusted setup if they can just use Monero where they dont need to trust anyone but the math.    Right now no one use it because their anon transactions takes way to much resources. And since no one uses anon transactions, that makes those few anon transactions not really anon.
Not to mention that Matthew Green and Zooko Wilcox both assert that it can be backdoored, that a number of the implementors are SIGINT operatives, that users pay a 20% tax to the corporation, that it is centrally controlled...ad nauseam.  The stuff is poison.  I suspect it killed Alexandre Cazes.

That is why  J P Morgan likes it.  They are not interested in protecting your privacy from the oligarchs.  They are the oligarchs.

OK, since we reach ATH.  I was thinking I guess new event should be $200.   Seems sure thing with whole Crypto still getting more popularity.  So when exactly will Monero reach $200?

Too short-term for the kind of factors I understand well to make themselves strongly felt.  I would estimate this most easily by estimating the DNM usage growth rate, and the growth rate of reserve hoarding, to get a base demand curve, then adding a volatility factor and it's corresponding mean stopping time, but for such a nearby number the stochastic stopping time would dominate, surely, so the first order estimate is determined strictly by the Levy process.