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Topic: [XMR] Monero Speculation - page 1045. (Read 3314350 times)

legendary
Activity: 1008
Merit: 1000
Dumb broad
October 01, 2016, 12:57:11 AM
Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.


https://www.reddit.com/r/Monero/comments/557ilm/moneromarket_xmr_only_dnm/
sr. member
Activity: 434
Merit: 250
October 01, 2016, 12:43:14 AM
Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.
legendary
Activity: 1092
Merit: 1000
October 01, 2016, 12:38:46 AM
I got 2 of my bids filled. Thank you.
Still have 1 more bid waiting, and considering adding 1-5 more bids so that people can get rid of their Moneros. I have some empty space in my bags.
full member
Activity: 532
Merit: 101
October 01, 2016, 12:37:55 AM
You know how you know when its the bottom right? It's the moment you capitulate and sell despite being a bull.
This is to a large extent a fear game, i would reckomend moving your funds from poloniex to your wallet now. Don't sell now no matter how dark it looks. Sometimes with investments the best strategy is to not do anything at all, you are not as smart as you think.

I have still 65% of my money left to invest, i will buy XMR in small portions now and HOLD
legendary
Activity: 1722
Merit: 1217
October 01, 2016, 12:26:21 AM
Not looking good. Wouldn't want to be in XMR at this time. Sell and wait for the bottom, then buy back.

You know how you know when its the bottom right? It's the moment you capitulate and sell despite being a bull.
sr. member
Activity: 243
Merit: 250
October 01, 2016, 12:12:12 AM
Not looking good. Wouldn't want to be in XMR at this time. Sell and wait for the bottom, then buy back.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
October 01, 2016, 12:02:08 AM
Just to point out that anyone that has listened to me has never lost a cent. Tongue

But anyone that did what you did has no XMR  Tongue 

Another clear cut case of do as I say, not as I do   Cheesy

Not really, I stated the correct time to get back in ($1.37).

I just wasn't able to at the time.
That is very sad for monero, the price is really falling, every day there is a big price fall back, if this continues I do not know anymore what will happen with monero, will it even become worthless if this crisis continues?

I hope I have not seen it rise abruptly when the next thing will happen is just a big fall back.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 30, 2016, 11:29:41 PM
Just to point out that anyone that has listened to me has never lost a cent. Tongue

But anyone that did what you did has no XMR  Tongue 

Another clear cut case of do as I say, not as I do   Cheesy

Not really, I stated the correct time to get back in ($1.37).

I just wasn't able to at the time.
legendary
Activity: 1260
Merit: 1008
September 30, 2016, 11:20:08 PM
persistence is all

https://www.youtube.com/watch?v=CYApap08Rcc

thats what so many people don't get. After 2.5 years, Monero is still here.

How many coins have come, gone, or never come into existence in that time?
full member
Activity: 532
Merit: 101
September 30, 2016, 11:04:09 PM
monero has the potential for a 10x increase from now, look at etherium, the same thinh is likely to happen with XMR. Still my losses hurt.

The move to .0075 was quick and didn't last very long and most had realized that it was not a sell zone and those who did were distributing from a larger personal stash *and* they still came out ahead. It wasn't exactly like they were losing.

The bigger picture is that during the next rise due to GUI etc, it will be a much tougher task for the pumpers as there will be a lot of roadblocks and heavy selling and 0.03 will never be achieved. You never know when a 200K just starts making his move. I have not traded much at all but I see the advantage of dumping...
Dumping on the right time will save you tons of money. Now it's to late for dumping i guess, i will just hold my coins now and slowly buy up more. Patience can pay off, i bought way to early and that has costed me some money.

legendary
Activity: 1008
Merit: 1000
Dumb broad
September 30, 2016, 10:54:09 PM
or the market is rejecting the idea of it as a viable coin.  I think its the latter.

It shouldn't be this. It's an amazing technology that the world needs. There was reason to expect it to languish in obscurity if it never gained any traction. But now people know about it. Enough that it should be able to get the ball rolling. This level of correction doesn't fit into my model. Of course this just means something about my model is broken. But I'm pretty sure its not that monero is not a viable platform. I wonder what I got wrong.

How many other items of great technology have been cast aside for inferior 'models' that have better marketing/luck/providence etc (betamax, i'm looking at you). 

Whether the 'world needs it'; I'm unsure the world needs crypto full stop...its simply another concept of ownership and any enlightened future would surely embrace a vision of collective ownership and responsibility.  Money begets greed begets most of the evil in the world.  But anyhows...Smiley
hero member
Activity: 742
Merit: 501
September 30, 2016, 10:52:37 PM
Be the first to dump after any given rise and you will come out ahead.

This strategy wouldnt have worked for the first two big rises. You would have sold at 0.0075 only to watch it go to 0.025. There were no significant corrections anywhere on the way up.

The move to .0075 was quick and didn't last very long and most had realized that it was not a sell zone and those who did were distributing from a larger personal stash *and* they still came out ahead. It wasn't exactly like they were losing.

The bigger picture is that during the next rise due to GUI etc, it will be a much tougher task for the pumpers as there will be a lot of roadblocks and heavy selling and 0.03 will never be achieved. You never know when a 200K just starts making his move. I have not traded much at all but I see the advantage of dumping...
legendary
Activity: 1722
Merit: 1217
September 30, 2016, 10:32:16 PM
Be the first to dump after any given rise and you will come out ahead.

This strategy wouldnt have worked for the first two big rises. You would have sold at 0.0075 only to watch it go to 0.025. There were no significant corrections anywhere on the way up.
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
September 30, 2016, 10:28:05 PM
Oasis DNM has been silent for 2+ days now.  No support tickets are being answered and people are speculating an exit scam.  Others say that it may be down for routine maintenance.  Pick your poison.

Just the speculation of Oasis being offline for a few days, and the market goes down.  If it comes back up, then the price may rise and even out.  If they decide to stay quiet, then the price will fall until people are ready to talk about the GUI wallet.

That being said, there is already a new DNM that is Monero only.  https://www.reddit.com/r/Monero/comments/557ilm/moneromarket_xmr_only_dnm/

Who knows if this is Oasis secretly renaming themselves to support Monero?  If it is them, it's a fantastic idea being able to buy cheap Monero and then slowly gaining more, then dumping over time.

I'm new to trading so take my info with a grain of salt, but speculation about what is going on isn't hard.  It's easy to find info about this coin.

Well, while I can see the reasoning for a slight scare in the market due to something like this happening; doesn't really make much sense because 1) it's not the most popular DNM, Alphabay is... and 2) Alphabay accepts Monero as well.

I can't really attest to how much the average volume is being used for purchases on a daily basis, but still...
hero member
Activity: 742
Merit: 501
September 30, 2016, 10:26:52 PM
Well if it helps, no one in this thread has been right about anything, isn't that the point of it all?  

Except RangeDriver, of course.

Nope



Agreed. Although much like the old 0.001, I think it's unlikely we'll ever see it. My guess is we'll spend the next x amount of months drifting between 0.0125 and 0.018.

I don't really see us going below 0.012.


I think XMR trading is the easiest and most predictable of all coins though. Bears have won every single war and battle in its entire history. Be the first to dump after any given rise and you will come out ahead. Just don't let anyone dump 200k XMR first. And most importantly if someone posts a chart here as to where it is headed, dump before others dump on you  Tongue because that is exactly what the herd will do.
full member
Activity: 532
Merit: 101
September 30, 2016, 10:24:20 PM
The drop was cased by fear mostly, i am confortable holding at this level in any case. We have observed the same thing with many other coins, up 5...20 times and down 50% once the hype is over.
member
Activity: 84
Merit: 10
September 30, 2016, 10:17:32 PM
Oasis DNM has been silent for 2+ days now.  No support tickets are being answered and people are speculating an exit scam.  Others say that it may be down for routine maintenance.  Pick your poison.

Just the speculation of Oasis being offline for a few days, and the market goes down.  If it comes back up, then the price may rise and even out.  If they decide to stay quiet, then the price will fall until people are ready to talk about the GUI wallet.

That being said, there is already a new DNM that is Monero only.  https://www.reddit.com/r/Monero/comments/557ilm/moneromarket_xmr_only_dnm/

Who knows if this is Oasis secretly renaming themselves to support Monero?  If it is them, it's a fantastic idea being able to buy cheap Monero and then slowly gaining more, then dumping over time.

I'm new to trading so take my info with a grain of salt, but speculation about what is going on isn't hard.  It's easy to find info about this coin.
legendary
Activity: 1722
Merit: 1217
September 30, 2016, 10:15:09 PM
Just hold now and you will be fine. If you have balls you buy now, it can continue down(impossible to know) but long term you can expect gain. I guess even the bagholders from 0.026 will end up making a profit Grin

Oh I have the balls. Now if I just had any money left.
full member
Activity: 532
Merit: 101
September 30, 2016, 10:13:23 PM
Just hold now and you will be fine. If you have balls you buy now, it can continue down(impossible to know) but long term you can expect gain. I guess even the bagholders from 0.026 will end up making a profit Grin
legendary
Activity: 1722
Merit: 1217
September 30, 2016, 10:10:38 PM
or the market is rejecting the idea of it as a viable coin.  I think its the latter.

It shouldn't be this. It's an amazing technology that the world needs. There was reason to expect it to languish in obscurity if it never gained any traction. But now people know about it. Enough that it should be able to get the ball rolling. This level of correction doesn't fit into my model. Of course this just means something about my model is broken. But I'm pretty sure its not that monero is not a viable platform. I wonder what I got wrong.
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