XMR Monero price poll - what is XMR/BTC rate by Dec-31-2016 ?? - page 2.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Dafar on August 30, 2016, 11:04:47 AM

Quote from: obit33 on August 30, 2016, 11:00:55 AM

Quote from: Dafar on August 30, 2016, 10:59:31 AM

Any speculation for Sept 1?

It seems like the price is being suppressed around 015 - 016, from going either up or down. Until Sept 1 everyone is riding the hype train so there is probably a lot of resistance on pushing the price down. Some whales might also think it can easily surpass 02 and beyond so they may be pressuring the price from rising further at the moment.

Come Sept 1... if we dont see much XMR volume in Alpha/Oasis then I'm guessing we are likely to see an epic dump.

how will you check xmr-volume in alpha/oasis?

best regards

I have no idea lol, I thought the sites could determine the # of transactions happening in XMR? If they announce anything remotely disappointing about XMR not meeting the # of transactions or utility as assumed then I can certainly see the start of a dip. When a coin pumps 500%+ it only needs one excuse to come tumbling down

There is positive attitude in crypto last 2 months in all coins , even the one that dont bring anything new, gained a lot. This positive attitude happened after BTC did not ATH after halving and ETH fiasko.
Monero gained 420% in last 2 weeks and 700% in last 2 months
Monero would be worth $10 sooner or latter without nay news about dark markets. I personally dont expect that there will be any disappointment , but expect it will be widely used there.
But still the price of Monero will still swing up and down a lot in upcoming weeks.

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

Quote from: obit33 on August 30, 2016, 11:00:55 AM

Quote from: Dafar on August 30, 2016, 10:59:31 AM

Any speculation for Sept 1?

It seems like the price is being suppressed around 015 - 016, from going either up or down. Until Sept 1 everyone is riding the hype train so there is probably a lot of resistance on pushing the price down. Some whales might also think it can easily surpass 02 and beyond so they may be pressuring the price from rising further at the moment.

Come Sept 1... if we dont see much XMR volume in Alpha/Oasis then I'm guessing we are likely to see an epic dump.

how will you check xmr-volume in alpha/oasis?

best regards

I have no idea lol, I thought the sites could determine the # of transactions happening in XMR? If they announce anything remotely disappointing about XMR not meeting the # of transactions or utility as assumed then I can certainly see the start of a dip. When a coin pumps 500%+ it only needs one excuse to come tumbling down

Divinespark

hero member

Activity: 938

Merit: 501

I think Monero is gonna see a significant correction as Z-cash goes on-stream. My guess is ~ $5. At a pinch, I will go with a 0.006 to 0.008 BTC range for year end.

obit33

sr. member

Activity: 514

Merit: 258

Quote from: Dafar on August 30, 2016, 10:59:31 AM

Any speculation for Sept 1?

It seems like the price is being suppressed around 015 - 016, from going either up or down. Until Sept 1 everyone is riding the hype train so there is probably a lot of resistance on pushing the price down. Some whales might also think it can easily surpass 02 and beyond so they may be pressuring the price from rising further at the moment.

Come Sept 1... if we dont see much XMR volume in Alpha/Oasis then I'm guessing we are likely to see an epic dump.

how will you check xmr-volume in alpha/oasis?

best regards

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

Any speculation for Sept 1?

It seems like the price is being suppressed around 015 - 016, from going either up or down. Until Sept 1 everyone is riding the hype train so there is probably a lot of resistance on pushing the price down. Some whales might also think it can easily surpass 02 and beyond so they may be pressuring the price from rising further at the moment.

Come Sept 1... if we dont see much XMR volume in Alpha/Oasis then I'm guessing we are likely to see an epic dump.

Febo

legendary

Activity: 2730

Merit: 1288

When will the voting close?

Mike8

sr. member

Activity: 291

Merit: 250

Quote from: kurious on August 30, 2016, 05:58:10 AM

Quote from: sammy007 on August 30, 2016, 04:39:43 AM

Quote from: Mike8 on August 30, 2016, 02:28:20 AM

I went for 0.011-0.016
Monero may have quite a grow in the next months, but the history tells that winter use to be bad for Monero price, so I expect it to fall back by December....

Based on observation of two winters? It's not a snow to be cheap on winter. The weather is cloudy here, how it can affect price?

The end of the year dip was something I factored in too.

Not that the weather that affects things, but taking profits at year end and other factors do. December lows and Feb breakouts have happened so far. Plus BTC is oversold IMHO and due a little run up before the end of year. These factors and the huge rise we have had, means we could easily retrace (against BTC if not USD) over the next few months. I actually voted for .0075 (yes, very pessimistic) but I would be FAR happier to see it hit .02 and higher, of course.

Thank you kurious for making it clear.
sammy007, I stand corrected. For me December is in winter. Maybe you are an aussie and then you may not have understood what I meant. Tongue

Quote from: kurious on August 30, 2016, 05:58:10 AM

95% of people voted higher than me - but polls can often see the crowd being hopelessly optimistic and very wrong.

I think Spring 17 will see it much higher than December 16 - but all this is based on gut feeling only. Sure, laugh at me if we're out in the Ort belt with $25 + per Monero in December by all means.

But I won't see it, I will be on a beach somewhere celebrating the best Christmas ever Wink

I also hope that Monero will stay low some more time, since I'd like to buys some more. Not really to go to a beach for Christmas, but at least for a city break outside Europe

MoneroMooo

legendary

Activity: 1276

Merit: 1001

Quote from: kurious on August 30, 2016, 05:58:10 AM

Sure, laugh at me if we're out in the Ort belt with $25 + per Monero in December by all means.

Is that... past the Kuiper belt, and on its way to the Oort cloud ?

rpietila

donator

Activity: 1722

Merit: 1036

80% are voting higher than the current value. This is a reason for the opposite to happen because people tend to invest according to their perceptions, and if everyone's perception is "UP", then everyone has already bought, and will not be there to cause the momentum towards "UP".

kurious

legendary

Activity: 2590

Merit: 1643

Quote from: sammy007 on August 30, 2016, 04:39:43 AM

Quote from: Mike8 on August 30, 2016, 02:28:20 AM

I went for 0.011-0.016
Monero may have quite a grow in the next months, but the history tells that winter use to be bad for Monero price, so I expect it to fall back by December....

Based on observation of two winters? It's not a snow to be cheap on winter. The weather is cloudy here, how it can affect price?

Your guess is...?

kurious

legendary

Activity: 2590

Merit: 1643

Quote from: sammy007 on August 30, 2016, 04:39:43 AM

Quote from: Mike8 on August 30, 2016, 02:28:20 AM

I went for 0.011-0.016
Monero may have quite a grow in the next months, but the history tells that winter use to be bad for Monero price, so I expect it to fall back by December....

Based on observation of two winters? It's not a snow to be cheap on winter. The weather is cloudy here, how it can affect price?

The end of the year dip was something I factored in too.

Not that the weather that affects things, but taking profits at year end and other factors do. December lows and Feb breakouts have happened so far. Plus BTC is oversold IMHO and due a little run up before the end of year. These factors and the huge rise we have had, means we could easily retrace (against BTC if not USD) over the next few months. I actually voted for .0075 (yes, very pessimistic) but I would be FAR happier to see it hit .02 and higher, of course.

95% of people voted higher than me - but polls can often see the crowd being hopelessly optimistic and very wrong.

I think Spring 17 will see it much higher than December 16 - but all this is based on gut feeling only. Sure, laugh at me if we're out in the Ort belt with $25 + per Monero in December by all means.

But I won't see it, I will be on a beach somewhere celebrating the best Christmas ever Wink

sammy007

legendary

Activity: 1904

Merit: 1003

Quote from: Mike8 on August 30, 2016, 02:28:20 AM

I went for 0.011-0.016
Monero may have quite a grow in the next months, but the history tells that winter use to be bad for Monero price, so I expect it to fall back by December....

Based on observation of two winters? It's not a snow to be cheap on winter. The weather is cloudy here, how it can affect price?

Mike8

sr. member

Activity: 291

Merit: 250

I went for 0.011-0.016
Monero may have quite a grow in the next months, but the history tells that winter use to be bad for Monero price, so I expect it to fall back by December....

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: rpietila on August 29, 2016, 01:52:53 PM

After 26 voters, the consensus (average of the votes) is 0.049. Compared to the current price, 0.015, the voters strongly believe that the rise will continue.

After 82 votes, there have been less new "0.064+ votes", and more votes in the 0.016-0.064 range.

The average is 0.040, which is still higher than the current price, 0.014.

aminorex

legendary

Activity: 1596

Merit: 1029

Sine secretum non libertas

Quote from: bitowl on August 29, 2016, 10:40:46 PM

I think we have another pump coming to .02btc. Everyone is on the sidelines now hoping for it to fall so they can buy in for the next increase, which is a self fulfilling prophecy. There is a precedent of altcoins going higher (eth) so everyone knows there is room for growth. Once we hit old etherum highs it'll probably stagnate until news comes out,

1.5 bm USD? That's a stretch, on speculation. Not hyped enough, like ETH was.

bitowl

member

Activity: 85

Merit: 10

I think we have another pump coming to .02btc. Everyone is on the sidelines now hoping for it to fall so they can buy in for the next increase, which is a self fulfilling prophecy. There is a precedent of altcoins going higher (eth) so everyone knows there is room for growth. Once we hit old etherum highs it'll probably stagnate until news comes out,

aminorex

legendary

Activity: 1596

Merit: 1029

Sine secretum non libertas

Anyhow, unless you are specifically speculating in another price series, efficient markets imply that the current price is the best uninformed estimate of the future price (or NPV thereof, in the presence of beneficiary cash flows).

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: bitebits on August 29, 2016, 07:35:29 PM

I think the poll should be in XMR/USD. Now you are asking to speculate on the price of monero and the price of bitcoin at Dec-31-2016. Both are moving targets, while one moving target has proven to be already quite a challenge.

I for example speculate the USD price of bitcoin to slowly rise, while monero stabilizing at the current USD level. Luckily I don't trade.

Quote from: rpietila on August 29, 2016, 01:52:53 PM

After 26 voters, the consensus (average of the votes) is 0.049. Compared to the current price, 0.015, the voters strongly believe that the rise will continue.

I am around for long enough to know what that means Wink

.

With any currency pair you're looking at moving targets. It's not like USD is static.

bitebits

legendary

Activity: 2214

Merit: 3209

Flippin' burgers since 1163.

I think the poll should be in XMR/USD. Now you are asking to speculate on the price of monero and the price of bitcoin at Dec-31-2016. Both are moving targets, while one moving target has proven to be already quite a challenge.

I for example speculate the USD price of bitcoin to slowly rise, while monero stabilizing at the current USD level. Luckily I don't trade.

Quote from: rpietila on August 29, 2016, 01:52:53 PM

After 26 voters, the consensus (average of the votes) is 0.049. Compared to the current price, 0.015, the voters strongly believe that the rise will continue.

I am around for long enough to know what that means Wink

.

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

Quote from: TrueCryptonaire on August 29, 2016, 03:54:07 PM

I am not a mod here but please do not use rude language. Thanks.

Ok I removed it Wink

Topic: XMR Monero price poll - what is XMR/BTC rate by Dec-31-2016 ?? - page 2. (Read 4889 times)