Cause the rise of XMR began with the announcemen of Alphabay acceptance.
After Oasis did exit scam the price drops.
When now AlphaBay is doing the same, im afraid XMR will also drop like hell. That fucks me up so much with these darknet markets.
Monero raise because the market recognize its superiority in anonymity.
Monero price raise for whole 2016. And would raise no matter what. Simply because it was so undervalued in 2015.
Boost in the monero price in end of August was because Dark markets starting using Monero and that gave people that are not that familiar with cryptography clear message that Monero is superior anon coin. Boost in Monero price was not because there was suddenly so much more need for Monero on any particular dark market.
If dark markets works in a way that they close in a year or less. Then we will just see lots markets using Monero and soon after they will close and new dark markets will take over.
Dude, cold storage cold storage and once again: golden cold storage.
If you want to become rich, the only way is to ignore NRG and store your coins outside of exchange and come back after 5 years.
I will not be rich with only 240 XMR, i need at least 5x that to make any substantial amount, my only chance of becoming rich is to sell and rebuy a lot cheaper. I think i will do nothing now, the price can go both ways.
I do not store cold, i have my wallet on my linux machine and it's password protected.
Being day trader you have same chances to lose what you have as to enrich what you have. So if you want suggestion just hold what you have right now. But if you want to have fun and play then just start reading about trading. There are millions lessons and youtube videos. And go and have fun
Those orders are legitimate.
