Topic: [XMR] Monero Speculation - page 1029. (Read 3314350 times)

OK yeah I know this is the 'speculation' thread, but srsly some of y'all around here have gotta be more reasonable LOL

Yes we just had a huge run-up with XMR doubling almost FOUR TIMES (by my recall, from under $1 over a year ago, where it was stuck in the buck, buck and a half range, for what seemed like for-frikkin-ever) to $2 then $4 then $8 then $12-ish taking a shot at $16-20 in the dreamer's eyes, which triggered all the $50 to $100 talk "by the end of the year"... but, really?  C'mon... back to earth time.

We're here at the new "fair price" which seems to me about in the ten bucks range-ish and it's probably gonna stick here for a while.  Up down up down yeah yeah that's normal, but it's gonna be a while yet before next 10X spike probably.

The ONLY thing about Monero's current price that I cannot fathom is WHY are we still less than stupid DASH?  LOL at the very least I'd expect to be on par with that total mess of a coin, by now... right?  Price will probably go up at least to there in the short term.

But, long term?  Yeah once FUNGIBILITY issues finally wake up the BTC-using masses (once they get an account or two shut down for "receiving" or sending "bad coins"... which has already happened to me more than once) then the clear NEED for XMR will manifest itself in real actual USAGE, and then... MOON.

But it's prolly not gonna happen by this Christmas, LOL

@owaisted

I stil name Monero Monero. But since someone offered new name i gave him an alternative name. There is an old post of it on this forum, that is now sadly locked but was quite popular tread over years.

@adolf512

I doubt alpha bay owners have power to manipulate anything. There are way bigger players in Crypto then them.  In general anyone with enough money can try to manipulate any crypto market and try to earn by doing it.
I also dont understand why you keep asking people here for suggestions altho you from your posts is seen that you are a professional trader with lots of experiences and know many things that most of us have no ideas.
You keep posting what you will do. Just do something. You can do whatever you want. Buy or sell or not sell or not buy. No need to tell exactly what you will do or you did.

@moneyLooser

Nice nick you choose.

Christmas will drive the price to the moon.

If I had my own deadlines I would have given up long long time ago.
To me I do not care how long it will take until it goes to the moon. Sure, it may never happen, but that's the risk here.
My comment was a reference to oOxenonOo who said there is probably some increase in activity Nov.-Dec. I just warned him so that he will not get disappointed and give up if the activity is postponed like GUI.

Is this meant to be an example of others' deadlines or your own deadline?

I think the former but it reads ambiguously.

Sure it can. Don't you remember what happened to the price between July and the beginning of September?
I am not the only person who thinks so, one guy said it also here not long ago... But he was expecting it to rise there right now, got disappointed and opened a huge short position.

Lol.... I think the only person who thinks XMR even has a chance of rising to $70 this year is you

the 'troll' N-rG has also saved me money, i almost broke even(would have with better timing). I am very unsure much xmr can drop but probably between 0.01 and 0.003 at lowest. What i will do is simply to start buy when i consider the price to be good(below 0.01) and buy more if it drops more.

While the short term price is difficult to predict we see a general pattern where the price often appear to crash but later return up slightly lower, still going down in general. For this reason i would not recommend a stop-limit or panic selling, if you plan to trade do it with borrowed XMR(shorting).

Bagholding might be profitable if you wait long enough, but now the price is likely to go down a lot. You will not get rich by a 10x increase in price(best case scenario atm), the price needs to be a lot lower before i can make real money out of XMR and this is why i sold 70% at 0.0135

In my honest opinion the problem with many people is the deadlines: if the price doesn't rise by the end of 2016 at least to 70 usd, then I will dump and ask others also to dump it.
It might happen overnight that the price jumps 100 % (just like it happened when they announced the acceptance of D.N.M.) but such occassions are rare and very unlikely.
Very good example of the patience is GUI, but I am glad it will be ready soon.
Better to invest only the money you can afford to lose, and do not sell any just because nrg-troll asks you to sell. In the first place just buy the amount of coins you can comfortably sleep your nights without freaking out every 5 % move up/down.

Can you elaborate why you call it Money of the new Elite???

I'm reading this topic now since im invested in XMR, so since 3 weeks. Im not a person of words, but i felt to register to say thank you for sharing these informations. Makes me saving money after i lost so much

I also want to say thank you to dEBRUYNE who just ingores trash talk and posts information

Monero is one really strange acting coin, make me lose over 2BTC, was buy 2K for 1.14USD after 6 months price was just go down so i sell them, two weeks later price skyrocket..
Don't know is it smart to go on it ones more, if it will be used for dark web, price should be way over 8USD.

Think there should be at least one more XMR pump mid November, black market activity should rise late November-December, so i hope pump will be before that. Any opinion on this?

I think monero will moon very soon, im not selling my XMR

I see that today 22 PRs merged from 9 different contributors.  Some are minor but useful contributions but what it shows is the ever increasing active development.  There is another coder working on the GUI.  Although I guess that last part doesn't matter as there really is no GUI and that reality gets proven every day.  (I'm working on my advanced trolling, showing support and knocking it down.  How did I do guys?)

In other news; I turned a little bit of dirty btc ( really no reason it should have been dirty but alas ) into Monero without the intention of turning it back into btc.

It's obvious that the alphabay owners are manipulating the price, they bough a lot of XMR before they beginned to "support" it and now when they have sold(and possibly shorted) they will do what they can to bring the price down as much as they can, i would have done the same thing for sure.

I am now waiting for the price to plummet so i make a major investment in XMR(up to 6000$), the 67.5XMR i kept will not make me rich if the it goes to the moon, only make up for previous losses and more.

Personally I care anonymity, therefore I prefer using Monero. And I am not a customer in any dark market because I do not use drugs or buy stolen goods.
I am just an ordinary person who doesn't want to show others how much money I have. That's also one reason why I did not want to participate NRG's "who has the biggest dig" -games and reveal my wealth.

The biggest reason why DM vendors are reluctant to accept monero is the price volatility.

And to you N-rG. Does anonymity in Crypto matters to you?

hehe it is just so funny that some really claim that DNM and other criminal activities are not important for XMR .

Maybe to some nerds with no friends something like facebook, instagram and whatsapp never appeared to.

Ordinary people just give a fu*k about privacy. I could even imagine that some people wouldnt care if banks introduce visible accounts that everyone knows "hey holy fuck you have 12450$ on your account, nice but i have 15453"

You really thing that people like Kim Kardashian West or Pamela Anderson or whatever are ever using something more complicated than PayPal xD? They're not. They dont even know what copy&paste is. After trying to enter the wallet ID they give up.

A coin which purpose is to pay anonymously is obvs. much more important to illegal things.

btw. nvm i also thouhgt once FB will fail and didnt invest in their shares. Luckily i did with Google.

Every coin incl. BTC is and was very volatile. Monero was about 1$ two years long and nobody said a word about it. In this time every coin was at least +-100% from its price incl. BTC. The Volatility matter is just another pathetic BTC- and ETH-owners FUD. They simply protect their investment with lies and market speculation 24/7. The  NrG troll with his BTCs is not a difference.