Topic: . (Read 2166 times)
Breakout ladies and gentlemen!
Do you mean Eth?
There is no break out for Monero. Maybe a little later, XMR price will rise. Let be patient.
So I gotta ask.
What happens when XMR goes 1:1 in BTC price with ETH?
Will anyone jump ship?
Discuss.
What happens when XMR goes 1:1 in BTC price with ETH?
Will anyone jump ship?
Discuss.
No, it won't change anything. They have very different user bases.
Nothing will happen. The "shitcoin" will go and die with the rest of them. All of you have seen this so many times before and yet still hope that this time will be "different"
ETH isn't necessarily a shitcoin. It has lots of good ideas and inventions and it could be a great stuff once (if) it will be completed and fully functional. I think rushing it into "service" and putting it to the exchanges in an early alpha stage was a pretty bad idea. I guess the devs run out of money and they needed a quick pump and dump, plus the "investors" also pressurized them (probably because of the same reasons).
The reason for running out of money and the pressuring was being almost a year late with little to show for it. The release wasn't what hurt the project, the release was the result of the project being run into the ground by mismanagement.
Also, ETH has nothing to do with XMR. Stop reverse trolling, it's blatantly obvious.
Nothing will happen. The "shitcoin" will go and die with the rest of them. All of you have seen this so many times before and yet still hope that this time will be "different"
ETH isn't necessarily a shitcoin. It has lots of good ideas and inventions and it could be a great stuff once (if) it will be completed and fully functional. I think rushing it into "service" and putting it to the exchanges in an early alpha stage was a pretty bad idea. I guess the devs run out of money and they needed a quick pump and dump, plus the "investors" also pressurized them (probably because of the same reasons).
There are many people that think that Monero is destined for a far greater market valuation than Ethereum.
Market cap parity is not my focus right now. I want to help foster adoption as development continues. This recent idea once implemented should establish Monero as the clear leader in blockchain privacy once and for all:
https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf
Market cap parity is not my focus right now. I want to help foster adoption as development continues. This recent idea once implemented should establish Monero as the clear leader in blockchain privacy once and for all:
https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf
I think some ETH holders are still in denial. The time to jump ship was the first 2 weeks. That frontier release was just a questionable move. It was obvious they were rushing it.
On another note... There was a known oldschool bitcoiner who sold Ethereum futures speculating that it would crash. There was a thread about it somewhere. I guess he made a killing.
On another note... There was a known oldschool bitcoiner who sold Ethereum futures speculating that it would crash. There was a thread about it somewhere. I guess he made a killing.
And what about all those ETH shorters?
They in denial as well?
All the way down...
They shorted. Aren't they making BTC profit as the price goes down?
And it was mircea_popescu who sold Ethereum futures I think.
The market is a double edged sword.
Works both ways.
Exchanges like it that way.
True, I didn't say otherwise. But the point is the "shorts" are making money because the trend is going down.
Sooner or later trend will reverse if fundamentals are there.
That's a big if.
I will say that it is starting to look oversold.
Smart shorts might see that if they don't want to get squeezed.
I'm open to anything. But what I won't do is speculate, anticipate, predict and "react" to what I think the market is doing. No one can predict the market. Or at least I can't.
I think some ETH holders are still in denial. The time to jump ship was the first 2 weeks. That frontier release was just a questionable move. It was obvious they were rushing it.
On another note... There was a known oldschool bitcoiner who sold Ethereum futures speculating that it would crash. There was a thread about it somewhere. I guess he made a killing.
On another note... There was a known oldschool bitcoiner who sold Ethereum futures speculating that it would crash. There was a thread about it somewhere. I guess he made a killing.
And what about all those ETH shorters?
They in denial as well?
All the way down...
They shorted. Aren't they making BTC profit as the price goes down?
And it was mircea_popescu who sold Ethereum futures I think.
The market is a double edged sword.
Works both ways.
Exchanges like it that way.
True, I didn't say otherwise. But the point is the "shorts" are making money because the trend is going down.
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