When will monero bear market end? | Bitcointalksearch.org

Monerobuyer

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Quote from: Febo on February 11, 2017, 02:52:18 PM

Quote from: qwizzie on February 11, 2017, 05:34:14 AM

https://bitcoinwisdom.com/markets/poloniex/xmrbtc
https://i.gyazo.com/08062cedc9363e2f451bb9a702c42dac.png

It is always healthy to look at charts with a long interval from time to time to see what trend they are in. Monero seems to be in a downward trend,
a bear market.

That is almost 2.5 years chart that miss only few months. And this 2.5 years cart shows Monero bull trend . I dont know how you see bear trend here if price increased 10 times in 2.5 years.

OP is asking about bear trend that is going on from start of January when Monero was $18.

What is that yellow line?

My answer is that if Bitcoin will stay strong we will not see Monero much lover as it is now.

Mr @qwizzie this is a bear trend

https://i.gyazo.com/d5fde7ba877462450a3266df5ec2f4ff.png

arbitrage

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What if Monero or Dash with its anonymous possibilities may attract more investors from China than Bitcoin, in near future? I must not imagine this on this forum. Then will Spoetnik stay off the job. This can be very bad.. Grin

memequiserle

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Chainjoes.com

if bitcoin price incraese all altcoin can stable price or down price
so if you want monero price incraese youre must wait, bitcoin price down

qwizzie

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Of course it is Mr @Febo, i would say the same if my cryptocurrency was in a long term bear trend.

edit : actually, i would not .. but i totally get why you made that post.

Febo

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Quote from: qwizzie on February 11, 2017, 05:34:14 AM

https://bitcoinwisdom.com/markets/poloniex/xmrbtc

It is always healthy to look at charts with a long interval from time to time to see what trend they are in. Monero seems to be in a downward trend,
a bear market.

That is almost 2.5 years chart that miss only few months. And this 2.5 years cart shows Monero bull trend . I dont know how you see bear trend here if price increased 10 times in 2.5 years.

OP is asking about bear trend that is going on from start of January when Monero was $18.

My answer is that if Bitcoin will stay strong we will not see Monero much lover as it is now.

Mr @qwizzie this is a bear trend

Spoetnik

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FUD Philanthropist™

Quote from: Shiroslullaby on February 11, 2017, 07:07:01 AM

Definitely a bit of a downtrend.
I can't see Monero dropping below $10 since its pretty much assumed it will be added to Coinbase by the summer
(this will mean a lot more interest in the coin)
but anything is possible.
I'm looking at Monero as a long term investment right now. The get-rich-quick days are over. Now we need steady growth, more exchanges/ wallets, and interest from other regions- Asia specifically to increase the value.

WOW and that is a "good" thing in your mind ?

And you wonder why i harp on you all ? LOL

Coinbase means what now ?
Morons that add ETH and not Litecoin ? Cheesy

and ? KickAssTorrents

Out of class, respect and integrity i will not support that business who ratted out my fellow P2P scene guys.

Now.... you idiots are discussing an "ANON" coin going on there that defies AML law ?

Just how god damn fucking retrded are you all ?

You know you Monero tard's really blow me away with this fanstasy you believe in.

Shiroslullaby

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Definitely a bit of a downtrend.
I can't see Monero dropping below $10 since its pretty much assumed it will be added to Coinbase by the summer
(this will mean a lot more interest in the coin)
but anything is possible.
I'm looking at Monero as a long term investment right now. The get-rich-quick days are over. Now we need steady growth, more exchanges/ wallets, and interest from other regions- Asia specifically to increase the value.

ifightformerkel

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This is hard to say, but i also buying a little bit every month at any price.

But i think until summer it will be a big push up again.

qwizzie

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Quote from: Pursuer on February 11, 2017, 04:08:31 AM

Quote from: Monerobuyer on February 10, 2017, 02:31:27 PM

I keep buying more and more btc....I think monero might be in a bear market until around 7 dollars based on th chart....thoughts?

my thought is what charts are you talking about? you should include them because all I can see on the price charts of monero is the price of it being the same with no signs of it going down. and specially not going down to 7 dollar!
for the past month price has been going up and down between 11 and 13 dollars and it is mostly because of bitcoin price going crazy!

https://bitcoinwisdom.com/markets/poloniex/xmrbtc

It is always healthy to look at charts with a long interval from time to time to see what trend they are in. Monero seems to be in a downward trend,
a bear market.

Compare it with these two cryptocurrencies and you will notice a bull market / bull run there :

https://bitcoinwisdom.com/markets/bitfinex/btcusd
https://cryptowat.ch/poloniex/dashbtc/1w

Pursuer

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Where is my ring of blades...

Quote from: Monerobuyer on February 10, 2017, 02:31:27 PM

I keep buying more and more btc....I think monero might be in a bear market until around 7 dollars based on th chart....thoughts?

my thought is what charts are you talking about? you should include them because all I can see on the price charts of monero is the price of it being the same with no signs of it going down. and specially not going down to 7 dollar!
for the past month price has been going up and down between 11 and 13 dollars and it is mostly because of bitcoin price going crazy!

qwizzie

legendary

Activity: 2548

Merit: 1245

When will monero bear market end = speculation = wrong sub-forum (should not be in altcoin discussion section)
Should be in speculation section.

and to answer OP : it ends when they shot down all the bears, which could take awhile .... specially when they are in hibernation.

NUFCrichard

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When did it start? The market cap was only briefly higher for a few days early in January (during the bitcoin mini bubble)
Otherwise Monero is near all time highs, hardly at the end of a bear run!

Barring the blip at the start of January, it looks like a bull run to me.

pereira4

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Quote from: Monerobuyer on February 10, 2017, 02:31:27 PM

I keep buying more and more btc....I think monero might be in a bear market until around 7 dollars based on th chart....thoughts?

It's impossible to know. At some point the big altcoins stabilize, bu we never know how low they go. Once the price stabilizes at a low point, it's a good gamble to put some money on that altcoin and hope that it starts climbing back up again. But in crypto world anything can happen, we may thing the floor is established and it crashes harder.

Monerobuyer

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I keep buying more and more btc....I think monero might be in a bear market until around 7 dollars based on th chart....thoughts?

Topic: When will monero bear market end? (Read 916 times)