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Why is price still holding so well? Usually when BTC declines, Monero goes in the dumps.
I think that more people are realizing that this is a fundamentally solid coin that hasn't come close to reaching its potential. This is still the early days.
This video might have helped. He mentions Monero very positively near the end: https://www.cnbc.com/video/2017/12/26/man-behind-massive-bet-that-bitcoin-could-hit-50000.html?play=1
Multisignature has been merged: https://www.reddit.com/r/Monero/comments/7kfuqy/multisignature_just_got_merged/
Thank you, devs! Another great accomplishment!
Thank you, devs! Another great accomplishment!
Hey Guys... "philosophical" question for today, LOL - hope it's still enough 'speculation' related not to get deleted off topic 
What's the best way you guys have all found for yourselves to deal with the psychological trap of "what-if-itis" disease, or "If-Only-Ism" thinking patterns?
For lack of a better term, this is the phenomenon of looking BACKWARDS too much at whatever number/quantity or type of other crypto coins that you may have USED TO HAVE, but for whatever reason you DON'T HAVE any more... and now after they've mooned, and you're kicking yourself saying, "Oh man if only I'd not sold or lost or given away XXX of my YYY" etc etc etc.
I'm SURE we all have this disease to some degree or another. Seems impossible to me that *anyone* involved in crypto at all for any middle to long-term length of time could EVER totally avoid it, right? Nobody ever gets all the decisions correct 100% of the time.
Overall I'm still way, WAY ahead of where I'd have been, financially in my life, from getting into bitcoin at first over 4 years ago now. Compared to having just left the money sitting in a bank CD deposit, there's no question it's a huge WIN overall.
But IF ("if only!" LOL) during those 4 years I'd have just HODL'ed more, not traded much (or at all), kept more of certain coins and less of others... I can't shake the thinking that I'd be even *further* ahead today. Like, pushing on upwards of tens or even hundreds of thousands of dollars further ahead...
I ain't complaining, really... most times when you catch me in the correct frame of mind I'm happy to be where things are. Life is good, overall... no problemo.
But... ya know... goddammnit... sometimes that fucking "what-if-itis" or "If-Only-Ism" disease just *creeps* back into my brain. It's annoying LOL
So what do you guys do when it comes? Any quick tips mental gymnastics to banish the demon shadow there? LOL
What's the best way you guys have all found for yourselves to deal with the psychological trap of "what-if-itis" disease, or "If-Only-Ism" thinking patterns?
For lack of a better term, this is the phenomenon of looking BACKWARDS too much at whatever number/quantity or type of other crypto coins that you may have USED TO HAVE, but for whatever reason you DON'T HAVE any more... and now after they've mooned, and you're kicking yourself saying, "Oh man if only I'd not sold or lost or given away XXX of my YYY" etc etc etc.
I'm SURE we all have this disease to some degree or another. Seems impossible to me that *anyone* involved in crypto at all for any middle to long-term length of time could EVER totally avoid it, right? Nobody ever gets all the decisions correct 100% of the time.
Overall I'm still way, WAY ahead of where I'd have been, financially in my life, from getting into bitcoin at first over 4 years ago now. Compared to having just left the money sitting in a bank CD deposit, there's no question it's a huge WIN overall.
But IF ("if only!" LOL) during those 4 years I'd have just HODL'ed more, not traded much (or at all), kept more of certain coins and less of others... I can't shake the thinking that I'd be even *further* ahead today. Like, pushing on upwards of tens or even hundreds of thousands of dollars further ahead...
I ain't complaining, really... most times when you catch me in the correct frame of mind I'm happy to be where things are. Life is good, overall... no problemo.
But... ya know... goddammnit... sometimes that fucking "what-if-itis" or "If-Only-Ism" disease just *creeps* back into my brain. It's annoying LOL
So what do you guys do when it comes? Any quick tips mental gymnastics to banish the demon shadow there? LOL
That's a tough one. I did that a lot with Google, in which I never invested. Same with Apple. And of course I do it from time to time with crypto, but in this case it's more like "why didn't I buy more?"
For me it comes down to realizing that I made the best decision at the time with the information that I had, and sometimes that turns out to have been a good decision and sometimes it turns out to have been a bad decision. My lesson learned is that I should get more information before making decisions like these, which is tough because there is so much bad information out there, and I should find more people who consistently make better decisions and emulate them.
There are a few people here whose comments and advice I take seriously since they have an established, verifiable track record. I'm pretty sure you know who those people are also since you've been around awhile and have noted their accuracy rate too. So, I lean on my own research first, and if what they say agrees, then I'm pretty confident. If what they say disagrees with my research, it makes me pause and ponder why we have different conclusions. Either way, at the end I'm the one who has to make the decision, and as long as I can assure myself that I did my due diligence, I find it a lot easier to live with those decisions, right or wrong.
Hello Monerians,
https://moneroForCash.com (MFC) is now free. You can post adverts to buy or sell Monero for free.
As always, MFC:
Additionally, the site is now owned by u/tficharmers. He did the awesome UI redesign a few months ago. I will continue in a support role as needed.
The email for the Contact Us form is still being set up so please bear with us. This does not affect internal messaging for adverts, which is working, as are email alerts if you entered your email (optional) on your Settings page.
We hope you enjoy the site!
https://moneroForCash.com (MFC) is now free. You can post adverts to buy or sell Monero for free.
As always, MFC:
- Doesn't use JavaScript
- Doesn't use search company analytics
- Requires no ID or email to register or use
- Does not share or sell user information
Additionally, the site is now owned by u/tficharmers. He did the awesome UI redesign a few months ago. I will continue in a support role as needed.
The email for the Contact Us form is still being set up so please bear with us. This does not affect internal messaging for adverts, which is working, as are email alerts if you entered your email (optional) on your Settings page.
We hope you enjoy the site!
Both BTC and XMR hit psychological milestones ($10k BTC, $200 XMR). When that happened, lots of people who had been telling themselves, "When this hits $10k/$200, I'll sell."
This created a flood of supply which pushed both prices back down. Then the supply was snatched up, the prices rose again, and the people who thought about selling at $10k/$200 but didn't the first time went ahead and sold the 2nd/3rd brief time both coins hit those levels. I think we'll see more of that over the next few days.
In both cases, lots of news was generated which will help with demand. I expect both to go sideways around $10k/$200 and then go above those levels as more people enter the markets. Plus, Monero has Globee and 2/3 multisig in mid-to-late testing, and when people start using those, demand will increase even more.
Good times!
This created a flood of supply which pushed both prices back down. Then the supply was snatched up, the prices rose again, and the people who thought about selling at $10k/$200 but didn't the first time went ahead and sold the 2nd/3rd brief time both coins hit those levels. I think we'll see more of that over the next few days.
In both cases, lots of news was generated which will help with demand. I expect both to go sideways around $10k/$200 and then go above those levels as more people enter the markets. Plus, Monero has Globee and 2/3 multisig in mid-to-late testing, and when people start using those, demand will increase even more.
Good times!
Does anyone know cardano coin? It just jumped over Monero at coinmarketcap
Well, it's PoS and almost all of its coins are already in circulation...not good signs.
that's exactly my question, why is monero better than pivx from a privacy point of view?
And yes I think it's a very relevant topic for the monero speculation thread. If pivx tech is better...
And yes I think it's a very relevant topic for the monero speculation thread. If pivx tech is better...
https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php#dash-pivx
Additionally, add-on or optional privacy can never be as private as protocol-level mandatory privacy (Monero).
Others have already pointed out the PIVX rich list.
Not sure if this is the right thread or not.
Any thoughts or rumors on Coinbase adding Monero?
I'm really starting to enjoy this coin and have been adding to my position around the $85 mark.
Any thoughts or rumors on Coinbase adding Monero?
I'm really starting to enjoy this coin and have been adding to my position around the $85 mark.
Just rumors. Fluffy did give a presentation at Coinbase around 10 months ago, and Charlie Lee (formerly at Coinbase) likes Monero. AFAIK that's all that's definitely known.
Until Coinbase adds Monero, you can buy Monero with fiat at Kraken.
Hello, I'm the admin for MoneroForCash.com. MoneroForCash has been serving the crypto community since August of 2016. Although the site enabled buyers and sellers to trade Monero for cash, Money Orders, gift cards, etc., the site had a dated appearance and limited features.
Reddit user https://www.reddit.com/u/tficharmers has graciously donated and designed an updated user interface for the site, and like before, no JavaScript is used, nor are traceable Ads or analytics. It's responsive and looks as good on your mobile as it does on your laptop.
In addition to the updated design, the site now lets you set your Monero/fiat exchange rate to your desired fiat currency, and we also have added the ability to rate trades.
And, as before, user funds are never stored on our site so it's impossible for us to steal your funds. Even if our site is hacked, your funds are safe since all trading is peer-to-peer. Additionally, we can't absolutely determine that you and another party completed a trade as a result of advertising on our site because we're not privy to any transaction details between users.
Place an advert to buy Monero for free. Place an advert to sell Monero for cheap. No email or ID is needed to register.
Check out our new site, and buy/sell Monero for cash or other assets.
Reddit user https://www.reddit.com/u/tficharmers has graciously donated and designed an updated user interface for the site, and like before, no JavaScript is used, nor are traceable Ads or analytics. It's responsive and looks as good on your mobile as it does on your laptop.
In addition to the updated design, the site now lets you set your Monero/fiat exchange rate to your desired fiat currency, and we also have added the ability to rate trades.
And, as before, user funds are never stored on our site so it's impossible for us to steal your funds. Even if our site is hacked, your funds are safe since all trading is peer-to-peer. Additionally, we can't absolutely determine that you and another party completed a trade as a result of advertising on our site because we're not privy to any transaction details between users.
Place an advert to buy Monero for free. Place an advert to sell Monero for cheap. No email or ID is needed to register.
Check out our new site, and buy/sell Monero for cash or other assets.
There have been several posts about other coins which claim to be privacy-centric.
Here's a good comparison of many privacy-centric coins: https://www.reddit.com/r/Monero/wiki/comparison
That page is on a Monero site, so while you may be wondering about bias (everyone has bias), ask yourself the more important question: is the information on that page true?
If it is true, then bias no longer matters. If it is not true, please show how it is not true with links supporting any claims.
Here's a good comparison of many privacy-centric coins: https://www.reddit.com/r/Monero/wiki/comparison
That page is on a Monero site, so while you may be wondering about bias (everyone has bias), ask yourself the more important question: is the information on that page true?
If it is true, then bias no longer matters. If it is not true, please show how it is not true with links supporting any claims.
...
How many people here have at least one friend or family member who have recently -- out of the blue -- asked you to tell them again, "Hey what's the deal really with that bitcoin crypto currency stuff you were telling me about last year?"
How many people have a very conservative friend who recently finally opened a coinbase account and put in even just a hundred bucks, to just START learning for themselves how all this stuff really works?
I've had BOTH of those things happen to me recently, in the last month or two, and if it's even slightly representative of what's happening overall in a macro scale of adoption, then we are only at the very start of a really significant hockey-stick curve ramp-up coming over the next year or two.
Could be wrong, though, of course... this is crypto, any damn weird thing can happen LOL -- but that's how it feels/looks to me
I've had 2 in the past month. Both are conservative financially, one very much so (debt-free, lives well below his means, etc.). If someone like him opened a coinbase account, that's a big deal.
I don't get the recent FUD. I mean that literally, not as in "spam" as it has also come to mean.
Monero just put out a major release, there's a new android wallet with more on the way, m/n multisig is in the works, hardware wallets are in the works, Kovri is in the works, it keeps getting added to exhchanges, hash rate is increasing, redditt subscribers are increasing, more people are realizing that BTC isn't private and they're seeing the need for privacy...I'm sure I missed other metrics and events.
China has made news plenty of times before. The news is almost always worse than what actually plays out. And many other coins are simply overvalued so they need to come down. Most of them don't do anything or add value that isn't present in other coins, and/or their tech is terrible. I don't put BTC or XMR in that group. I still see them as undervalued, especially XMR.
But if the price goes down, thoughts on where the bottom might be would be nice so we can grab more before it goes back up.
Monero just put out a major release, there's a new android wallet with more on the way, m/n multisig is in the works, hardware wallets are in the works, Kovri is in the works, it keeps getting added to exhchanges, hash rate is increasing, redditt subscribers are increasing, more people are realizing that BTC isn't private and they're seeing the need for privacy...I'm sure I missed other metrics and events.
China has made news plenty of times before. The news is almost always worse than what actually plays out. And many other coins are simply overvalued so they need to come down. Most of them don't do anything or add value that isn't present in other coins, and/or their tech is terrible. I don't put BTC or XMR in that group. I still see them as undervalued, especially XMR.
But if the price goes down, thoughts on where the bottom might be would be nice so we can grab more before it goes back up.
Monero is block chain based public ledger...
Monero has a blockchain which anyone can view. But that doesn't mean that you can see what happens inside of it, so to call it "public" is misleading since any details about the blockchain are private. Nobody can see account balances or transaction activity. To call it public is like saying that I know everything that's in a house because I can see the house from the street, even though I can see nothing inside of it.
Here's my address if anyone wants to try and trace any of my payments, or see my balance:
45LzbfAbx2zDTEVYDkCYuwVv1KnoaLHPC4svVE4VWECLYhGWzM63MDmTPZi7GjvFSRd3GnmsAGSfzcR pHELi7Cay3V7Juk6
As I put in my link in the previous post to StackExchange, there are additional steps one must take in order to use Blackbytes and that opens them to risk. With Monero, privacy is by default.
Re: [ANN] [MSR] Masari - secure, private, untraceable, and fungible cryptocurrency
What I'd like to know is if you knew about https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html before I made that post above.
If you say you didn't, I'd find that very difficult to believe since you say "Masari started off as a pet project to understand Monero's inner workings, but has turned into its own blockchain project." If you were working on it that deeply, you would have followed Monero activities closely since it, like most cryptos, has frequent code updates. That news would have been almost impossible to miss. It was all over here, redditt, coindesk...pretty much everywhere. It was big news for weeks and people still drag it up.
If you say you did know about it, then you'd know those issues have been fixed for some time, so why the need to make another coin to fix a problem that hasn't existed for the better part of this year?
There are no good answers to that question. It makes the project look either completely uniformed or out to get a fast buck. So does the premine.
If you say you didn't, I'd find that very difficult to believe since you say "Masari started off as a pet project to understand Monero's inner workings, but has turned into its own blockchain project." If you were working on it that deeply, you would have followed Monero activities closely since it, like most cryptos, has frequent code updates. That news would have been almost impossible to miss. It was all over here, redditt, coindesk...pretty much everywhere. It was big news for weeks and people still drag it up.
If you say you did know about it, then you'd know those issues have been fixed for some time, so why the need to make another coin to fix a problem that hasn't existed for the better part of this year?
There are no good answers to that question. It makes the project look either completely uniformed or out to get a fast buck. So does the premine.
Re: [ANN] [MSR] Masari - secure, private, untraceable, and fungible cryptocurrency
The info at monerolink isn't even relevant. It hasn't applied for some time. Details: https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html
TLDR: the monerolink doc was written in part by a paid member of the Zcash team, Andrew Miller, and they wrote it knowing full well that their critique only applies to older versions of Monero.
TLDR: the monerolink doc was written in part by a paid member of the Zcash team, Andrew Miller, and they wrote it knowing full well that their critique only applies to older versions of Monero.
Blackbytes has pretty good privacy but it's not as good as Monero's: https://monero.stackexchange.com/questions/4642/how-is-monero-different-from-byteball-with-being-anonymous
Also, why do Dash and Monero people hate each other?
No one hates anyone!
There are some people that have good knowledge of crypto and thinks highly of Monero and spend their time pointing on flaws in other crypto coins. There is many such people and are more active during different times. so some that were active 3 years ago, now lost their hope to change the Cryptoverse, but there are always new showing up everyday.
Since this people dont see any mayor flaws in Monero then suporters of other coins count them as a "Monero community" what is a bit silly on my opinion for a money to have a community at all. So members of centralized coins or tokens that were shown flaws in their coins then try to find flaws in Monero and cant. So then decide to point out that biggest flaw of Monero are this Crypto experts that "attack" other coins. And that biggest Monero flaw is their aggressive community toward other coins technology.
I know is hard to understand what I wrote, since my English is not perfect. But this is what was happening in last 3 years. Simply because Monero could not be attacked technical, there was attacks on people that believed that Monero is good crypto currency.
Yep. Warning others about putting their hard-earned money into bad tech is not hate. Bad tech may make money now but it will eventually crumble, and it already is. When the price will reflect that, who knows, but I'd rather not see the masses in the rubble when they could have put their money into good tech.