Author

Topic: [XMR] Monero Speculation - page 1006. (Read 3314350 times)

sr. member
Activity: 434
Merit: 250
October 11, 2016, 01:56:50 PM
Time in the market is much more profitable that timing the market as long as the asset you're investing into is fundamentally sound.

Time in the market = buy and hold.

Timing the market = day trading.

Don't try day trading.

Imagine all of the people that bought into Bitcoin at it's first peak at $32 and then it crashed to below $5.

If they had held today they would have a 20X increase, but that would require time in the market, not timing the market.

I would advise against putting 100% of your portfolio into anything, even Bitcoin or property.

Consider that the best way to make money is to avoid scam coins and hold a personal fund that is an amalgamation of various coins that show promise.
This is why i will not buy more now after the increase, i will instead look after other coins to invest in with my few money i have left to invest. As for short term trading i did get a lot more xmr for my money by selling at 0.0135 and rebuying below 0.0115) but now i will simply hold.

In general you are correct about daytrading, especially when you factor in trading fees.
Personally i would wait until 18´th to 22´cnd Ocotber. Probably we will hit the 0,007xxx by then  Smiley


Too much people are waiting to buy at 0.01 or below, that's why I think it won't happen.

It defenitely will happen if you believe in fibonacci --> correction to the norm  Wink

it will happen. or i hope that i will happen. then i want to see what happens after the price went below 0.01.

i think you just have to observe sell orders => rising.

0,0095 to 0,0083 will be achieved until 10'th of october  Smiley

Dam i should have sold above 0.012 for a small profit, but i dont want to sell cheap. Now almost my entire profit is gone again. I guess a lot of people want to get out of xmr now, hence the low price.

What the hell are you talking about?! Just stay calm, hold your XMR and have a cup of tea  Wink


nicht nett von dir (not nice from you)

Well just some hours before some ppl. assumed XMR to be at 0.03 or above..saying also like you i'm wrong cause I objected it...where are we now..ya lower than before...so blabla talk Smiley sry, its obvious that you went long and its not working good. Otherwise explain why you told us over and over again that xmr is below 0.009 and now suggest to newbies to hold.
legendary
Activity: 1008
Merit: 1001
October 11, 2016, 01:56:32 PM
I wouldnt say its a short dump. I know few who are on short i also know some on long. So its equal.

Just some facts: Synchronizing took 30 Minutes to update from yesterday. Its just incredible slow. Than I want to transfer some coins from wallet to Polo...took also 20 Minutes until it arrived.

The console interface is still crap (yes it is, sorry fanboys). I mean what a non technique guy has to do if he wants to transfer coins? He need's to google first for a docu. Aha, first number mixing cycles (wtf is that, read further), than Address, amount, PID.

Moreover I would never store my coins on any site. (A non technique guy maybe would)

So 35 Minutes to do just 1 transfer + 30 minutes loading blockchain (ok he has also to do with a working GUI)

That simply sucks. And if anyone wants to object, than deliver another answer. Ordinary people want simple stuff. Ordinary people so far give a shit on privacy. Its a nice to have. In some countries its important. But as long as it's  not user friendly, it will only be used for illegal and criminal stuff. That's my thoughts. I dont blame the Dev Team for that. There is a big reward open for a GUI...i dont understand why no one is taking this challenge..but somewhen the GUI is there, I hope it's just not too late than. Anyway, I also sold some coins (EHT shorting), but keep some and keep this coin on monitoring.

#1
Hmmm, try that with BTC on your internet connection. Transfer with 1 confirmation can take an hour or more depending, which fees you are willing to pay excluding the sync of the wallet, so big minus for your argument.

#2
The last up leg, i honestly do not know if you noticed, ran without an official GUI for the wallet daemon, so you get another big minus for that one.

#3
Ordinary people as you and me, or do you believe only super heroes like Flash need privacy --> you guess what's comming, yep, the third big minus.

So three times a minus for three arguments discussed over and over and over again whit some world champion trader (made 200+BTC with over 150k XMR --> some people made that with less than 10k XMR) who honestly believes this will make a big difference. Either the tech is good, that's my prio, or i do not use it. DNM customers and vendoors accept XMR without any shiny GUI, why is that so.....
legendary
Activity: 1008
Merit: 1001
October 11, 2016, 01:47:06 PM
Dam i should have sold above 0.012 for a small profit, but i dont want to sell cheap. Now almost my entire profit is gone again. I guess a lot of people want to get out of xmr now, hence the low price.

What the hell are you talking about?! Just stay calm, hold your XMR and have a cup of tea  Wink
sr. member
Activity: 400
Merit: 263
October 11, 2016, 12:50:07 PM
All this talk about the necessity and convenience for mass adoption is nonsense at this point in time.

Mass adoption in the literal sense is a long way out. The only group that matters at the moment are people who are already into crypto or curious enough to venture into it. They are few, and their hearts and conviction will have to be conquered.

It is them who will be the ambassadors for when larger adoption actually becomes a possibility. It is their choices which will be the choices of the masses. It is their competence which will help the rest of the world to ease into it.

The GUI is important, of course. However it is not important for the masses, but to help in carving out a sufficiently large group from this mess that makes up
crypto: Idealists, techies, economists, thieves, liars... and all the "normal" people stumbling into this space thinking WOW wtf is going on in here this looks cool!

Just as I did a few years ago.

A group (or market share for the cynics) large enough to gain the necessary inertia to rocket past the cesspool of failed money grabbing shiny shit projects that make up 95% of this habitat.



newbie
Activity: 46
Merit: 0
October 11, 2016, 12:49:47 PM
Volume is so worse even with that positve news. I also sold my little 1500 xmr... at least with 7%... thanks for all supporters and realists here. Thank also to the devs who make this coin possible. I guess I'm out for now, to hot to lose money with that coin. I think, as already some ppl said, without a nice GUI, this coin will always have rocks on his path what makes it falling to his face.
legendary
Activity: 1722
Merit: 1217
legendary
Activity: 2268
Merit: 1141
legendary
Activity: 3178
Merit: 1119
October 11, 2016, 11:40:58 AM
...
Ordinary people want simple stuff. Ordinary people so far give a shit on privacy.
...
Ordinary people use crypto? News to me, I thought we were all weirdos and geeks and ponies and wolves.
sr. member
Activity: 434
Merit: 250
October 11, 2016, 11:26:52 AM
I wouldnt say its a short dump. I know few who are on short i also know some on long. So its equal.

Just some facts: Synchronizing took 30 Minutes to update from yesterday. Its just incredible slow. Than I want to transfer some coins from wallet to Polo...took also 20 Minutes until it arrived.

The console interface is still crap (yes it is, sorry fanboys). I mean what a non technique guy has to do if he wants to transfer coins? He need's to google first for a docu. Aha, first number mixing cycles (wtf is that, read further), than Address, amount, PID.

Moreover I would never store my coins on any site. (A non technique guy maybe would)

So 35 Minutes to do just 1 transfer + 30 minutes loading blockchain (ok he has also to do with a working GUI)

That simply sucks. And if anyone wants to object, than deliver another answer. Ordinary people want simple stuff. Ordinary people so far give a shit on privacy. Its a nice to have. In some countries its important. But as long as it's  not user friendly, it will only be used for illegal and criminal stuff. That's my thoughts. I dont blame the Dev Team for that. There is a big reward open for a GUI...i dont understand why no one is taking this challenge..but somewhen the GUI is there, I hope it's just not too late than. Anyway, I also sold some coins (EHT shorting), but keep some and keep this coin on monitoring.
full member
Activity: 532
Merit: 101
October 11, 2016, 11:23:05 AM
Yeah, but shorting at the ground is like buying at the top...Immediate retrace to the starting price after the rise/pump is not that familiar to me Smiley
it can be difficult to know where the real ground is, i didn't expect xmr to drop below 0.01 but it did, it recently dropped to only 0.01035, it's really crazy how the price is changing, people acting on emotions.

edit: someone recently bought 5000 XMR, i guess these people are the real winners of this stupid fear-game.
sr. member
Activity: 419
Merit: 250
October 11, 2016, 11:12:09 AM
I know here are people who love to dump xmr, I'm wondering if someone can enlighten me, what is the point to short it to the ground/start point after the pump ? Where is the profit in that ?
You can short it for profit or simply rebuying cheaper. I also think a lot of people are freaking out(i am, hence i will not sell).

Yeah, but shorting at the ground is like buying at the top...Immediate retrace to the starting price after the rise/pump is not that familiar to me Smiley
full member
Activity: 532
Merit: 101
October 11, 2016, 11:05:29 AM
I know here are people who love to dump xmr, I'm wondering if someone can enlighten me, what is the point to short it to the ground/start point after the pump ? Where is the profit in that ?
You can short it for profit or simply rebuying cheaper. I also think a lot of people are freaking out(i am, hence i will not sell).
sr. member
Activity: 419
Merit: 250
October 11, 2016, 11:00:02 AM
I know here are people who love to dump xmr, I'm wondering if someone can enlighten me, what is the point to short it to the ground/start point after the pump ? Where is the profit in that ?
full member
Activity: 532
Merit: 101
October 11, 2016, 10:59:48 AM
Dam i should have sold above 0.012 for a small profit, but i dont want to sell cheap. Now almost my entire profit is gone again. I guess a lot of people want to get out of xmr now, hence the low price.
sr. member
Activity: 434
Merit: 250
October 11, 2016, 10:49:00 AM
I guess here we get another proof who started the fud campagin against XMR

Quote
Controversy erupted last week when Apple cancelled the account of a popular developer app called Dash. Apple told the developer “they found evidence of App Store review manipulation,” an accusation the developer denied, but Apple has proof.

Apple’s anti-fraud team has apparently been working with the developer for some time to stop fraudulent positive reviews, and negative reviews on competitors accounts. According to Apple, all attempts to work with the developer have failed, resulting in the account being terminated.

http://www.loopinsight.com/2016/10/10/apple-responds-to-dash-controversy-with-proof/

Different Dash.  They're not talking about the crpytocurrency.

They're talking about https://kapeli.com/dash

You're right, sorry, thank you.
full member
Activity: 201
Merit: 100
October 11, 2016, 10:39:20 AM
I guess here we get another proof who started the fud campagin against XMR

Quote
Controversy erupted last week when Apple cancelled the account of a popular developer app called Dash. Apple told the developer “they found evidence of App Store review manipulation,” an accusation the developer denied, but Apple has proof.

Apple’s anti-fraud team has apparently been working with the developer for some time to stop fraudulent positive reviews, and negative reviews on competitors accounts. According to Apple, all attempts to work with the developer have failed, resulting in the account being terminated.

http://www.loopinsight.com/2016/10/10/apple-responds-to-dash-controversy-with-proof/

Different Dash.  They're not talking about the crpytocurrency.

They're talking about https://kapeli.com/dash
sr. member
Activity: 434
Merit: 250
October 11, 2016, 10:31:18 AM
Error - 404
sr. member
Activity: 434
Merit: 250
October 11, 2016, 09:10:08 AM
btw. its actually more important that XMR is on Android too! Android is far more used than iOS

https://twitter.com/jaxx_io

https://jaxx.io/

--------- Edit
sad development Sad

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 11, 2016, 08:56:20 AM
Shorters sweating bullets dropping butt tons and lowering walls driving down lending, don't fall for it.

Peaked @0.01234500

Unless you help them the bears are gonna get Butthurt.

That push soaked up a shitload, I wonder what their profit point is at?
hero member
Activity: 493
Merit: 551
October 11, 2016, 08:53:54 AM
Sry but this news means nothing.
Classic bulltrap.

The Apple news do mean something and for sure more then your opinion.  Grin
No offense.
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