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Showing 20 of 235 results by sui_generis
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Board Speculation
Re: Bitcoin could drop 80% due to possible tether fraud, experts say
by
sui_generis
on 30/01/2018, 00:45:11 UTC
Fake news
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 16/01/2018, 19:17:27 UTC
Cryptocurrency adoption and support are climbing every day. I think we'll start to see more activism and other efforts to secure political support for cryptocurrency in 2018.

The Dec 2017 "bubble" was nothing compared to what we'll see play out over the next few years. The real cryptocurrency bubble will likely be the greatest bubble and wealth transfer of all time. Monero is well positioned to benefit.

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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 20/12/2017, 15:51:49 UTC
Bitcoin = Microsoft , Monero = Amazon. Most others = pets.com. We will prevail.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 17/12/2017, 01:16:55 UTC
Yep, I'm just being very conservative. I think a near term price of multiple thousands would require some significant improvements in usability and privacy, however. Beyond just the space savings of bullet proofs, Monero transactions need a larger anonymity set. I don't think that the current ringsizes are sufficient for truly inscrutable privacy.

I haven't heard much about RuffCT/RingCT2.0, or whatever it's called now. If I remember correctly, using the entire blockchain as an anonymity set was mentioned at one point. Any news in this area?
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 17/12/2017, 00:32:43 UTC
Monero still underpriced. I'm not totally certain that it will exceed Ethereum by market cap, but certainly Monero deserves to be above things like Ripple and Bcash. Given that Ethereum is over $65B, Bcash and Ripple are each around $30B, I see a $50B market cap for Monero as totally realistic. Ledger wallet, multisig and bulletproofs are all yet to be priced in, so $1000+ before October 2018 is quite likely, in my opinion.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 26/11/2017, 03:25:38 UTC
People who claim Monero takes days to sync must be using a 2006 laptop with dial up internet. On a modern computer with an SSD, quad core processor, and decent internet (25 mbps+), a full sync should take 6 hours at the very most. A PC with a high end processor (AMD Epyc or Intel with 12 or more cores) and fiber connection will have it done in a couple of hours. Sorry, but Monero is cutting edge software, and you need modern hardware if you want to have a good experience.
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Topic
Board Altcoin Discussion
Re: Don't fall for the Bitcoin Cash Pump!!
by
sui_generis
on 11/11/2017, 20:22:53 UTC
Bitcoin Cash = fool's gold.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 02/11/2017, 14:16:28 UTC
Well, the trolls certainly got a reaction! Far better trolling than what we've been seeing lately, I give it a 6.5/10.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 02/11/2017, 00:48:15 UTC
Bad times for altcoins. I'd be surprised if we didn't see sub .01 within the next 2-3 weeks.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 21/10/2017, 19:02:16 UTC
Looks like I was right with the sub .015 prediction I made a couple of weeks ago. Hard to call a bottom here, as Bitcoin has the potential to continue its bull run. If Bitcoin hits $7500, I don't see how Monero will be able to stay above the previous bottom of ~.011. Don't see Monero's next bull run happening until March/April of 2018 at the earliest. The DNMs are too broken up and disorganized for a strong Monero economy to form at the moment. For now, it's a waiting game.

On the upside, this will give the Monero team some more time for improving the user experience. It's still difficult to use, compared to many other cryptocurrencies. Observe the high number of support requests in the Monero Reddit for confirmation of this. Hopefully this can be resolved with enough development work. Hardware wallets, multisig, and improved ease of use should set things up for an insane bull run, as the market realizes that Monero is the only no-nonsense digital cash.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 09/10/2017, 19:31:04 UTC
Well that escalated quickly. Pretty confident we'll see sub .015 before this is over. Still feeling very bullish long term. Spring of 2018 should bring new USD highs.
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Topic
Board Speculation (Altcoins)
Re: RIP DASH?
by
sui_generis
on 03/10/2017, 15:30:13 UTC
Dash is a complete scamcoin. Their technology sucks, the founder instamined a huge amount of coins, it's basically a cult at this point. Dash is a catastrophe waiting to happen.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 02/10/2017, 13:39:26 UTC
Zcash FUD against Monero will ramp up over the next several weeks. I'm targeting somewhere between .014-.016 as a bottom.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 19/09/2017, 16:54:59 UTC

Anyone here who has any idea what the xmr price is doing?

It kinda looks bullish and bearish all at once.

I'm guessing it will continue consolidating downwards until the next big catalyst leads to new all time highs. Community growth and new developments in mobile wallets, hardware wallets and tech (RuffCT) have me feeling very bullish long term.
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Topic
Board Speculation (Altcoins)
Re: Time to short monero/zcoin is gonna steal anon coin marketcap
by
sui_generis
on 19/09/2017, 16:50:26 UTC
Zcash was garbage in 2016, still garbage in 2017. Good luck overcoming Monero's network effect. If in doubt, compare Zcash's subreddit to Monero's. Monero has about 5x more subscribers, and is more than 5 times as active as the Zcash subreddit. In other words, Zcash is astroturf nonsense, no real world use or organic interest to speak of.

Go to DNM communities and see which coins are being mentioned. Spoiler: Bitcoin and Monero. Anything else is treated like pump and dump garbage, which is what Zcash is. A scheme to enrich Zooko and company. It'll go to zero once Ethereum adds zk-snarks.
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Topic
Board Speculation (Altcoins)
Re: BTC is dead. The plan is a shift to Bitcoin Cash.
by
sui_generis
on 16/09/2017, 04:22:28 UTC
Lol @ the people who got taken in by this Chinese shitcoin.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
sui_generis
on 15/09/2017, 14:55:42 UTC
Thanks for the cheap coins, ya weak handed dimwits!
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 13/09/2017, 15:55:40 UTC
There had to be a correction. The China and Dimon nonsense happens to be the justification that people assign to the correction. If not for this, there would have been some other justification. Weak hands are cleared out, intelligent traders increase their positions. Rinse and repeat.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
sui_generis
on 10/09/2017, 18:34:05 UTC
The people who predict an 80% correction are funny. You can't take something that happened in the past, and say "see, it'll happen again!". The public's awareness of cryptocurrency is 50 times higher than what it was back then. Corrections will not be as deep as they were in the past, simply because there are many waiting on the sidelines to buy in. And when they fail to get their target buy points, the price will move up to new highs on FOMO.

As an interesting side note, I follow some non-crypto trading communities, and the number of never crypto types who are changing their minds is growing by the day. It's incredible to observe.
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Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
sui_generis
on 07/09/2017, 15:50:58 UTC
Dash's masternodes have a positive effect on its price in the short term, but don't forget that this effect is reversed when bad news comes. The delayed sell pressure caused by masternodes will be released all at once, resulting in dramatic downward price movement.

Consider that Dash is in blatant violation of FINCEN's guidelines on decentralized cryptocurrency. Why has everything been ok up till now? The wheel of justice moves slowly, but it grinds exceedingly fine. When enforcement inevitably happens, the exits will be clogged with masternode owners trying to get out. Prudent individuals would do well to get out before that happens.