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Topic: Monero (XMR) Speculation thread - page 26. (Read 50274 times)

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 03, 2014, 09:26:32 AM
I suspect that Risto was commenting on the range of the "foreseeable" future, i.e. out to the end of the major btc bubble cycle.

In the long run I am uncertain which of the two will prove more valuable - but here I am talking about a timescale which is, in crypto, positively geological: The scale at which xmr emission falls below btc emission.

Unlike ltc, xmr adds actual utility.  Unlike other alts, it offers no barriers to liquidity ( when market cap grows large enough), and unlike other privacy enhanced vehicles it offers substantive and germanely provable guarantees.
hero member
Activity: 742
Merit: 500
August 03, 2014, 09:19:34 AM
Monero to 0.1 when?

I think this (and beyond) is very likely if BTC loses steam. Monero has solidified its position as the #2 coin (note: shares don't count), and it is the natural successor. The scenario that would dethrone BTC, is its lacking privacy, and XMR has fixed exactly that.

Without problems with BTC, I think the network effects favor that one so that 0.1 is a little too ambitious for Monero, similarly as Litecoin has never reached better than 0.03 except for a moment.


there is one scenario I would like to discuss, I think the price for xmr can be higer (even much higher higher) under this scenario:

even now I do not think that there is a better way to store value, in case you do not want anybody to know how much you have. the untraceability makes monero the dark store of value. I do not think that today you find something like that in the real world: it does not have weight, it is liquid, spendable, unattackable, untraceable and accessable everywhere in the world.

maybe I am completely delusional but if this somewhat networks I think 0.1 will be really low.
donator
Activity: 1722
Merit: 1036
August 03, 2014, 08:02:28 AM
Monero to 0.1 when?

I think this (and beyond) is very likely if BTC loses steam. Monero has solidified its position as the #2 coin (note: shares don't count), and it is the natural successor. The scenario that would dethrone BTC, is its lacking privacy, and XMR has fixed exactly that.

Without problems with BTC, I think the network effects favor that one so that 0.1 is a little too ambitious for Monero, similarly as Litecoin has never reached better than 0.03 except for a moment.
legendary
Activity: 1512
Merit: 1012
Still wild and free
August 03, 2014, 07:33:47 AM
Monero to 0.1 when?

Soon. Another question?
member
Activity: 70
Merit: 10
August 03, 2014, 07:31:33 AM
Monero to 0.1 when?
donator
Activity: 1722
Merit: 1036
August 03, 2014, 06:39:59 AM
Nothing new? This topic doesn't seems to be hot: few posts from trolls, few posts from scams but what about new info? Do XMR community have some?

Monero is a small coin, so many of the developments can happen in small cliques unbeknownst to the general public, yet be very important.

"XMR community", like any community is not an everyone-knows-all entity.

Follow my posting Smiley

donator
Activity: 1722
Merit: 1036
August 03, 2014, 05:57:38 AM
All-time volume weighted average price is 0.00426.
Where did you get this useful information? Can you give us a link?
And can you compare for example volume weighted price of XMR with anybody else's volume weighted price?

I compiled it myself. There were really only 3 sources and 102 days. It took maybe 2 hours. I am not giving that info out for free currently.

I have not done the similar calculation to any alt, or even BTC for that matter.
newbie
Activity: 266
Merit: 0
August 03, 2014, 12:40:42 AM
Nothing new? This topic doesn't seems to be hot: few posts from trolls, few posts from scams but what about new info? Do XMR community have some?

I guess I'm a member of the community so here goes.  Two people in my life died last month.  That makes 3 this year.  I have inherited one cat and one chair.  Presently the cat is sleeping on the chair.
I'm sorry for your lost but let's not post offtopics message and discuss Monero and the ways of speculation.
newbie
Activity: 26
Merit: 0
August 03, 2014, 12:34:40 AM
I fear the strategy is now to bury us under a flood bot spam, or perhaps create the appearance of fraudulent "pumping."

Since the trolling didn't accomplish anything I guess they decided to try something else.
You should not be afraid if XMR is profitable and its devs are wise. Am I right?
newbie
Activity: 91
Merit: 0
August 03, 2014, 12:28:08 AM
@rpietila and others, what do you consider as a buy-zone for monero? Was thinking about placing some orders in the 0.004-0.0043 range. There is pretty much support at 0.004 and 0.0039, also fibonacci retracement levels are at 0.00406 and 0.00447 (This is based on the last runup from 0.023 to  0.058).

The 61.8% level is also on 0.00365, that is a possibility also.

All-time volume weighted average price is 0.00426.
Where did you get this useful information? Can you give us a link?
And can you compare for example volume weighted price of XMR with anybody else's volume weighted price?
legendary
Activity: 1624
Merit: 1008
August 03, 2014, 12:27:03 AM
Nothing new? This topic doesn't seems to be hot: few posts from trolls, few posts from scams but what about new info? Do XMR community have some?

I guess I'm a member of the community so here goes.  Two people in my life died last month.  That makes 3 this year.  I have inherited one cat and one chair.  Presently the cat is sleeping on the chair.
legendary
Activity: 2968
Merit: 1198
August 03, 2014, 12:20:18 AM
I'm happy to have found this thread. I'm holding some XMR and this is a great resource!
Soon you will become a rich man with a great wealth! You have made the right decision.
Your information is quite doubtful. How did you get that? Explain please.
Yes. The info is doubtful and by the way open his latest posts history. This account must be a bot which has the only target - saying good stuff about Monero.

They are both likely bots/shills/trolls. Check both of their histories.

I fear the strategy is now to bury us under a flood bot spam, or perhaps create the appearance of fraudulent "pumping."

Since the trolling didn't accomplish anything I guess they decided to try something else.



newbie
Activity: 266
Merit: 0
August 03, 2014, 12:17:37 AM
Nothing new? This topic doesn't seems to be hot: few posts from trolls, few posts from scams but what about new info? Do XMR community have some?
newbie
Activity: 26
Merit: 0
August 03, 2014, 12:10:43 AM
I'm happy to have found this thread. I'm holding some XMR and this is a great resource!
Soon you will become a rich man with a great wealth! You have made the right decision.
Your information is quite doubtful. How did you get that? Explain please.
Yes. The info is doubtful and by the way open his latest posts history. This account must be a bot which has the only target - saying good stuff about Monero.
member
Activity: 83
Merit: 10
August 03, 2014, 12:03:18 AM
I'm happy to have found this thread. I'm holding some XMR and this is a great resource!
Soon you will become a rich man with a great wealth! You have made the right decision.
Your information is quite doubtful. How did you get that? Explain please.
newbie
Activity: 12
Merit: 0
August 02, 2014, 10:13:13 AM
I'm happy to have found this thread. I'm holding some XMR and this is a great resource!
Soon you will become a rich man with a great wealth! You have made the right decision.
legendary
Activity: 1694
Merit: 1024
July 31, 2014, 02:06:59 PM
I'm happy to have found this thread. I'm holding some XMR and this is a great resource!
legendary
Activity: 2268
Merit: 1141
July 31, 2014, 01:55:35 PM
@rpietila and others, what do you consider as a buy-zone for monero? Was thinking about placing some orders in the 0.004-0.0043 range. There is pretty much support at 0.004 and 0.0039, also fibonacci retracement levels are at 0.00406 and 0.00447 (This is based on the last runup from 0.023 to  0.058).

The 61.8% level is also on 0.00365, that is a possibility also.

All-time volume weighted average price is 0.00426.

All things considered, if you want to buy it, just do it at any price below 0.0045. The chances of breaking 0.004 are so slim that it is not worth the 10% gain achievable.

This advice is valid if your intention is to hold. I don't give daytrading advice.

At first thanks for the advice! As you have stated above, the chance of breaking 0.004 is very slim so I think it won't even reach 0.0365. Setting my buy orders around 0.0042-0.0043. My intention is not to day trade but to hold, but I want a good entry point.
donator
Activity: 1722
Merit: 1036
July 31, 2014, 01:23:37 PM
@rpietila and others, what do you consider as a buy-zone for monero? Was thinking about placing some orders in the 0.004-0.0043 range. There is pretty much support at 0.004 and 0.0039, also fibonacci retracement levels are at 0.00406 and 0.00447 (This is based on the last runup from 0.023 to  0.058).

The 61.8% level is also on 0.00365, that is a possibility also.

All-time volume weighted average price is 0.00426.

All things considered, if you want to buy it, just do it at any price below 0.0045. The chances of breaking 0.004 are so slim that it is not worth the 10% gain achievable.

This advice is valid if your intention is to hold. I don't give daytrading advice.
legendary
Activity: 2268
Merit: 1141
July 31, 2014, 01:12:06 PM
@rpietila and others, what do you consider as a buy-zone for monero? Was thinking about placing some orders in the 0.004-0.0043 range. There is pretty much support at 0.004 and 0.0039, also fibonacci retracement levels are at 0.00406 and 0.00447 (This is based on the last runup from 0.023 to  0.058).
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