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Topic: [XMR] Monero Speculation - page 584. (Read 3314306 times)

legendary
Activity: 910
Merit: 1000
September 04, 2017, 10:16:34 AM
Oh dear...poor XMR! lol  Cheesy Cheesy Cheesy
member
Activity: 200
Merit: 47
September 04, 2017, 10:16:20 AM

Aaaaaand we're back to sub 0.025. Well at least there was a pump

We are oversold af.

DASH and ETH at 0.07? Give me a break. We should be AT LEAST 0.07.
 
XMR at 0.025 is simply stupid, and the market will realize soon.

As to what that means for USD price I don't know, but I expect to see 300USD by mid 2018
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
September 04, 2017, 10:14:20 AM

Aaaaaand we're back to sub 0.025. Well at least there was a pump
full member
Activity: 121
Merit: 100
September 04, 2017, 09:46:29 AM
Yeah, I'm not a big fan of ICO's. For every one good ICO, there are easily 20+ that are just there to ultimately steal money. It's just what's historically happened, and I'm not a big fan of anyone that wants my money.

More importantly are the questions - will the money that was in the ICO business-startup funding market find its way to a new one now? Or will the combination of the afflicted be looking to diversify outside of crypto?

Or will this be like cutting the head off a hydra, ultimately proving the legislation to be ineffective?

Regardless, I would expect that capital outflow from china will continue in some way.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
September 04, 2017, 09:38:22 AM
This is possibly the best news I've read in months.

Really the only thing that happened today was the removal of a gangrenous toxic appendage that was beginning to decay the core of crypto.

So many scams are going to wither away now.

Additionally, it allowed the formation of a correction/consolidation phase that was quite sorely needed IMO.

Whether the market is cauterized or allowed to heal, I don't know.

I guess you mean ICOs. Cool

Seems like Fluffypony's trolling video about ICOs has been taken seriously by the government. Grin

You do not have to have seen FP's 'announcement video' to understand that the primary thing ICOs are doing is taking the already scam ridden world of Cryptocurrencies and magnifying the scummy parts to an extent it actually begins to threaten the valuable, purer aspects of the space.  I am first for liberty.  But it's hard not to be a little bit happy when you see the boot of an oppressive government actually come down on people who deserve it.
sr. member
Activity: 243
Merit: 250
September 04, 2017, 09:28:37 AM
The Monero community has been warning of the dangers inherent in presales, premines, instamines, masternodes and dev taxes since 2014. Coins that have any of these are existing on borrowed time. FINCEN has outlined what they consider a decentralized cryptocurrency very clearly, and the presence of any of the aforementioned features is a clear violation.

 Intelligent people would do well to remove coins that violate these standards from their portfolios before the hammer comes down. And rest assured that it will. The wheel of justice turns slowly, but it grinds exceedingly fine. Dash, Zcash, Ethereum, and many others are going to be ground into a fine dust.
full member
Activity: 161
Merit: 100
<3 Crypto
September 04, 2017, 09:27:13 AM
This is possibly the best news I've read in months.

Really the only thing that happened today was the removal of a gangrenous toxic appendage that was beginning to decay the core of crypto.

So many scams are going to wither away now.

Additionally, it allowed the formation of a correction/consolidation phase that was quite sorely needed IMO.

Whether the market is cauterized or allowed to heal, I don't know.

I guess you mean ICOs. Cool

Seems like Fluffypony's trolling video about ICOs has been taken seriously by the government. Grin
full member
Activity: 121
Merit: 100
September 04, 2017, 09:12:37 AM
This is possibly the best news I've read in months.

Really the only thing that happened today was the removal of a gangrenous toxic appendage that was beginning to decay the core of crypto.

So many scams are going to wither away now.

Additionally, it allowed the formation of a correction/consolidation phase that was quite sorely needed IMO.

Whether the market is cauterized or allowed to heal, I don't know.
full member
Activity: 161
Merit: 100
<3 Crypto
September 04, 2017, 07:33:42 AM
I knew this pullback will happen.
I could have earned more if I sell some before the breakdown of the head-and-shoulders, then buy-back when the dust settle again.

But apparently, I don't have the balls to let go of my Monero. Cool
I found it riskier to let go then buy-back again like a genius, compared to just watching this correction.

newbie
Activity: 12
Merit: 0
September 04, 2017, 07:23:09 AM
Hi Rangedriver,

Love your enthusiasm to be honest and I sure do hope you are right. However in my scenario I am going thru personal issues where I would be needing an exit and I am looking at September 20th-28th.

Whats your rough estimate prediction at that point frame in terms of price?

Thanks in advance.

If you're playing with large amounts of money that you depend upon for your livelihood then you absolutely should not be listening to me. Predicting prices with atomic accuracy is fun for me. Nothing more than that. It's really no different from trying to guess how many cookies there are in a jar and is nigh impossible. Drunken pub games at best.

So if you've got a deadline or you're looking for an exit then certainly you should be looking to err on the side of caution. Don't even think about doing otherwise.

Still think we may see 0.07 in the coming few months?

Market feels like possible long bear season ahead...

Definitely! This small decline in price don't mean much and if i had to guess i think this is the bottom, around .025 and high .024's
member
Activity: 200
Merit: 47
September 04, 2017, 07:17:11 AM
Still think we may see 0.07 in the coming few months?

Yes.

Thanks for the response my friend.
hero member
Activity: 714
Merit: 504
September 04, 2017, 06:51:10 AM
Still think we may see 0.07 in the coming few months?

Yes.
full member
Activity: 306
Merit: 100
September 04, 2017, 05:59:31 AM
going to 100

lol well alright. I am sure many will disagree but alright Smiley

haha remember i said it first here!
hero member
Activity: 768
Merit: 505
September 04, 2017, 05:46:18 AM


Still think we may see 0.07 in the coming few months?

Market feels like possible long bear season ahead...

If you ask me, market is just shaking of the ICO news and will move on for atleast a few weeks more, don't think this is the end yet Cheesy
member
Activity: 200
Merit: 47
September 04, 2017, 05:38:07 AM
Hi Rangedriver,

Love your enthusiasm to be honest and I sure do hope you are right. However in my scenario I am going thru personal issues where I would be needing an exit and I am looking at September 20th-28th.

Whats your rough estimate prediction at that point frame in terms of price?

Thanks in advance.

If you're playing with large amounts of money that you depend upon for your livelihood then you absolutely should not be listening to me. Predicting prices with atomic accuracy is fun for me. Nothing more than that. It's really no different from trying to guess how many cookies there are in a jar and is nigh impossible. Drunken pub games at best.

So if you've got a deadline or you're looking for an exit then certainly you should be looking to err on the side of caution. Don't even think about doing otherwise.

Still think we may see 0.07 in the coming few months?

Market feels like possible long bear season ahead...
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
September 04, 2017, 04:28:38 AM
resistance above 0.025 seems strong.. could be an interesting week if BTC behaves
hero member
Activity: 714
Merit: 504
September 04, 2017, 03:37:08 AM
Hi Rangedriver,

Love your enthusiasm to be honest and I sure do hope you are right. However in my scenario I am going thru personal issues where I would be needing an exit and I am looking at September 20th-28th.

Whats your rough estimate prediction at that point frame in terms of price?

Thanks in advance.

If you're playing with large amounts of money that you depend upon for your livelihood then you absolutely should not be listening to me. Predicting prices with atomic accuracy is fun for me. Nothing more than that. It's really no different from trying to guess how many cookies there are in a jar and is nigh impossible. Drunken pub games at best.

So if you've got a deadline or you're looking for an exit then certainly you should be looking to err on the side of caution. Don't even think about doing otherwise.
legendary
Activity: 2604
Merit: 1748
September 04, 2017, 03:34:46 AM
Polo lending rates are increasing and coins available decreasing.. short bloodbath incoming

Dude, I just now noticed that and came here to ask questions about lending. (I've never checked out loaning rates before, but have heard they were dirt cheap, hence all the shorters dragging the price down. But as I watched, before my eyes, the last fraction of monero lending for 0.0001% or something like that got picked up. Now the lending rates are all 0.4%+. That's a big jump.

Do you guys recommend lending, especially at these rates, or is it just better to keep your moneros off the exchange?



Double edge sword, gives shorters liquidity and you make a small %. Or you keep your coins away and shooters get wrecked when it rises. Personally I would never add liquidity to lending.

Well, if you want to short by yourself, you could add liquidity  Grin Cheesy Wink

Wtf would I short XMR ?  ETH is the  only coin for shorting now

Since PBOC piped up this morning, yep:

https://www.bloomberg.com/news/articles/2017-09-04/china-central-bank-says-initial-coin-offerings-are-illegal

legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
September 04, 2017, 01:07:02 AM
Polo lending rates are increasing and coins available decreasing.. short bloodbath incoming

Dude, I just now noticed that and came here to ask questions about lending. (I've never checked out loaning rates before, but have heard they were dirt cheap, hence all the shorters dragging the price down. But as I watched, before my eyes, the last fraction of monero lending for 0.0001% or something like that got picked up. Now the lending rates are all 0.4%+. That's a big jump.

Do you guys recommend lending, especially at these rates, or is it just better to keep your moneros off the exchange?



Double edge sword, gives shorters liquidity and you make a small %. Or you keep your coins away and shooters get wrecked when it rises. Personally I would never add liquidity to lending.

Well, if you want to short by yourself, you could add liquidity  Grin Cheesy Wink

Wtf would I short XMR ?  ETH is the  only coin for shorting now
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 04, 2017, 12:15:22 AM
Polo lending rates are increasing and coins available decreasing.. short bloodbath incoming

Dude, I just now noticed that and came here to ask questions about lending. (I've never checked out loaning rates before, but have heard they were dirt cheap, hence all the shorters dragging the price down. But as I watched, before my eyes, the last fraction of monero lending for 0.0001% or something like that got picked up. Now the lending rates are all 0.4%+. That's a big jump.

Do you guys recommend lending, especially at these rates, or is it just better to keep your moneros off the exchange?



Double edge sword, gives shorters liquidity and you make a small %. Or you keep your coins away and shooters get wrecked when it rises. Personally I would never add liquidity to lending.

Well, if you want to short by yourself, you could add liquidity  Grin Cheesy Wink
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