Topic: [XMR] Monero Speculation - page 1014. (Read 3314350 times)

99% of the people here are trying to make a profit.
Obviously there are some important ideas being discussed on these message boards.
De-centralization of money, freeing ourselves from fiat systems imposed on us by the government, the future of the internet and crypto systems are deep subjects.
These are important things to think about and discuss.
But you have to realize that this is a small percentage of any population. Most people are happy as long as their bills are paid and they have a job to go to.
Your average reader is just trying to pick up some quick tips on which coin to invest in so they can make a few dollars.

You think there is something wrong with being rich or want to be? If so: I dont think someone can say so in general. It always depends what you do with the money. With a lot of my money I maintain animal shelters in east/south europe. I think the waste of money is something one can name and shame. I have "friends" who have 7 luxury cars for example. What makes me a bit sad is that they could have bought only one and instead having the other six they could buy lets say 40 cheap cars for poor families or so. I grant nearly everyone to get rich but this really not include for example these people on youtube who show everyone their wealth but do a shit for the society. So is it better when someone appreciate the features of monero and become rich beside as a nice have cause he invested as a early adopter (like we) but will never do something important to the society? Its always easy to judge people but less easy to see a big picture about who they actually are and what their intention is.

Thanks guys

FUD is water and I'm a duck but reading it would be a waste of time so no need.

Well I'm even calmer now after the too short of time away in relative silence and solitude.  There are a couple of female deer that frequent my property and I watched while sitting on the couch as they walked past my floor to ceiling windows

I bought some btc and as usual I was going to spend twice that amount on Monero.  As I do not keep money on exchanges I tried ShapeShift and once again the transaction did not go through.  Their customer service is good but there is none on the weekends so      

I really need to start using BitSquare.  It is the best implementation of a decentralized and anonymous exchange.  Some are only here for the money while others appreciate the important things going on here.  Although they are not mutually exclusive but rather intimately connected.

And presumably you had posted it just beforehand, right ?

http://money.cnn.com/2016/04/15/technology/ransomware-cyber-security/


I guess 1 billion is US only.

Adolf and NRG are probably the same person (ie Adolf is the alter ego of NRG).  

Monero deserves 1 bn marketcap and Etherium 100 million market cap. Indeed there is a trading opportunity to short Etherium and long Monero.
When it comes to Darkcoin, it is recommended to be more cautious because they have strong marketing which probably helps it to maintain the price.. However, if someone has a lot of ammo he or she can destroy Darkcoin but as I said, it requires tons of money to do it by shorting.


I consider it pretty bullish factor that there are a lot of early adopters who do not have that many Moneros anymore (Warz has been sold tons and not bought them back), also some others are having less coins than they used to have when the price was between 0.001-0.004 range.
Dark markets indeed gives organic demand for Moneros and I think this will replace a lot of speculative demand for coins. If 1-2 darkmarkets quit accepting Moneros by exiting completely, then there will be 4-5 new markets popping up.
It is possible to see the leap to 1 billion market cap soon - and if this happens, a lot of early adopters will sell coins on the way up so much that they can maintain their lifestyle for the rest of their lives and do not need to sell even 1 XMR. That creates a positive loop which will boost the price even more so that people buying now before the next leg and holding it, will be able to redistribute their coins on the way to 10 billion market cap. 

Well my short on ETH runs excellent. I hope the 1 Billion Dollar bubble is currently bursting. But who knows if it will still find people who run into the coin trading trap of ETH. But anyway, it gives me every day a lot of BTC's which I will re-invest as soon as i realise the profit. Moreover I see also DASH under pressure. Otherwise the followers of this currency wouldnt start a FUD campaign. So every loss of cashpower in these coins will strengthen BTC/XMR. Highly speculative: Imagine 30% of the cashflow running into XMR. + regular interest + DNM, resulting in even more attention and hopefully acceptance.

Spoiler: (No complain against the Team!)

The GUI is very important.

@Adolf

Glad to hear business runs for you 

nice with profits, i like that get ready for another bull-run bitches! this rise in price was bloody obvious but i guess most altcoin investors are idiots(otherwise the price would be a lot higher now). Now a lot of idiots will think think the raise is temporary and sell, they will regret it.

I know i earlier predicted stability between 0.013 and 0.014, we will now see if this is the case, the price initially drops below the stability level during the despair phase(idiots panic selling) and now we are seeing a correction up. We might see a much bigger bouble this time or we might see the price getting stable between 0.012 and 0.015 (my prediction).

It will soon be a lot harder to predict the xmr price, but i like challenges.  

update: the interest on longes are increasing, i guess a lot of shorting is going on, the shorters will get rekt

mweh, you're possibly right, though I think if more stories like this one surface: https://www.reddit.com/r/Monero/comments/56c16n/fbi_uses_blockchain_analysis_to_deanonymize/
it could give monero the extra boost needed for another bull-run... but I'm just a small fish in comparison to you, thanks for all you're doing for the community btw!

+1 = my call 

I think we're going to see a spike up soon with the release of the GUI. I bought a few in anticipation of that. But once the initial excitement wears off I think we'll continue to slide down and below 0.01 again. This still looks like a bear market to me, and if bitcoin continues to rally this will result in selling pressure on altcoins at least for the short term, if past behavior is any indication.

i call fake. having a pussy like that owning 160k would be a very sad day for monero. i hope its not true and it would definetely suprise me.

if he really holds that much see no upside, weak minds like that will kill every rise in its infancy.

you can show me, lets meet in zurich yes?

this threads noise ratio became really really high. this is also due to long time players leaving this place to the shitflies like Dafar who hav a legendary batch but act like noobs. i have 0 respect for most of you new guys.

if you have that much on polo, why dont u put a wall at 0.1 so we can all see it?

only a handfull of people own that much and he is definetely not one of them.

It would be stupid to sell now, the buy-support is getting stronger and panic sells are slowing down, the time to sell has already passed. We do see drops in price sometimes but these are getting smaller.

We will probably see slowly rising prices now, you are right, going long now is a good idea. I have considered selling for profit in the case of an increase in price but i guess too many people will try to do that which makes it pointless, if the price actually increases it during these conditions it will probably stay high and continue even higher.

update: 179 XMR longed!

I am almost out of btc and fiat again now, wanted to buy a lot more..

Thank you a lot!

@Adolf
I didnt say I'm going to drop (everything)...i considered to drop all would crash the price...besides this it would be not smart from me to do so cause more than the half of the coins i would sell with loss;) I thought about to sell 10k and rebuy at 105...the chart is not predictable enough. for maybe 4% profit there is a good chance that suddently the price will increase and i have to rebuy more expensive. -also not smart. If you have money, consider the information of dEBRUYNE an go long. (i would do if i were you, or maybe just buy now at 109 and hold) -but remind our PM talk, do what you think is right, you do good buddy.

I'm still holding mine as I don't want to exit with some losses and I am very confident XMR will get bullish sooner than later. XMR may not be the coin to replace bitcoin but it is still a good coin.

LOL, people are noisy now because we have really though all a while that it is the time when XMR will become the best currency that might replace bitcoin in the future, however we are wrong and not the price seem going back to normal. Our hope is gone..

I am waiting for N-rG to dump his xmr on my bids

+1