Topic: [XMR] Monero Speculation - page 1247. (Read 3314316 times)

Someone please explain the "aminorex/XMR bullish correlation" to me? I've never heard of that particular Trend Analysis technique!

When there is a bull run and aminorex makes supportive comments about it some people correlate that to a dump in the near future.

It may be true or it may be bias stemming from the fact that some people give credence to what he says as well as the fact that every bull run inevitably ends with a dump.

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

Welcome Jon, will you make monero king of the seven kingdom ? or maybe make it the only true god Grin

When I read your post I draw a complete blank. In regards to the bolded, it's the same as saying it's only speculation. Just don't want people to listen to me merely because I'm "legendary" Tongue

In other news; after posting here yesterday it seems I talked myself into buying more today. Shocked

sandiman

hero member

Activity: 560

Merit: 501

Quote from: TrueCryptonaire on July 10, 2016, 05:50:39 AM

Someone please explain the "aminorex/XMR bullish correlation" to me? I've never heard of that particular Trend Analysis technique!

When there is a bull run and aminorex makes supportive comments about it some people correlate that to a dump in the near future.

It may be true or it may be bias stemming from the fact that some people give credence to what he says as well as the fact that every bull run inevitably ends with a dump.

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

Welcome Jon, will you make monero king of the seven kingdom ? or maybe make it the only true god Grin

smoothie

legendary

Activity: 2492

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LEALANA Bitcoin Grim Reaper

Quote from: smoothie on July 10, 2016, 05:48:22 AM

Quote from: smoothie on July 10, 2016, 05:48:22 AM

Sorry but I forgot whether RingCT needs a hard fork.

I believe it does require a HF.

Believing is not knowing.

Yes and that was the purpose of my statement to make sure to present my view as it could be possibly wrong as I am no expert on monero entirely.

I did carefully read the RingCT white paper by Shen and from what I gathered from all the math, it does require a HF....and yes I BELIEVE. Tongue

What do you KNOW?

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Sorry but I forgot whether RingCT needs a hard fork.

I believe it does require a HF.

Believing is not knowing.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: _nur on July 09, 2016, 06:38:44 PM

Sorry but I forgot whether RingCT needs a hard fork.

I believe it does require a HF.

novag

hero member

Activity: 687

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novag

where can i see the volume of xmr on bitsq?

On poloniex.

_nur

sr. member

Activity: 308

Merit: 250

where can i see the volume of xmr on bitsq?

dEBRUYNE

legendary

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Quote from: Hueristic on July 09, 2016, 04:23:47 PM

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

If bitcoin would go to 300$ again, would this be enough news to have Monero 'moon' to 0.006?

That would be a real btc bear market so if that is the btc price I wouldn't count on that being the Monero price. Ofc it depends on why.

I just remembered why I originally said September. There is a hard fork scheduled for September. The ever present dangling carrot of the GUI alluded to with the timely code words Grin

which doesn't need a hard fork, as well as RingCT which will happen this year. Sorry but I forgot whether RingCT needs a hard fork. A have a vague memory that it does and that it should be ready in time.

Edit: to me Monero moon is predicated on Monero strength not btc weakness.

It does, it's a consensus change.

nioc

legendary

Activity: 1624

Merit: 1008

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

If bitcoin would go to 300$ again, would this be enough news to have Monero 'moon' to 0.006?

That would be a real btc bear market so if that is the btc price I wouldn't count on that being the Monero price. Ofc it depends on why.

I just remembered why I originally said September. There is a hard fork scheduled for September. The ever present dangling carrot of the GUI alluded to with the timely code words Grin

which doesn't need a hard fork, as well as RingCT which will happen this year. Sorry but I forgot whether RingCT needs a hard fork. A have a vague memory that it does and that it should be ready in time.

Edit: to me Monero moon is predicated on Monero strength not btc weakness.

I believe he is speaking in relation to and assuming inverse proportionality with his question.

Yes but as aminorex said, 300 won't happen. As far as inverse proportionality, again it depends on how and why the movements. Bottom line, no matter where btc goes, in the long run Monero's price relative to btc will be higher. .....and yet recently I have been buying more btc than Monero. I guess I was looking at inverse proportionality which did recently last for a little while and then ended. I kept waiting for Monero to go down and look where we are now

This has made me start to re evaluate when to add to my Monero stash. Doesn't seem I have much time to decide.

I appreciate the clarity and breadth of aminorex's posts, something I am incapable of. Also when his posts are convoluted there is more hidden there as well. Cool

aminorex

legendary

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Sine secretum non libertas

If BTC were to drop to 300usd, which it won't do, but if, I would expect XMR to rise disproportionately. Depending on the reason and the time taken, 1200k seems more likely than 600k by dead reckoning.

You could easily use the historical moneyflows from ETH and from BTC in past plunges and crises to do a principled estimate, but since this is not a realistic scenario, I am not motivated to do it. If there were an efficient options market, I would be tempted to do a lot of marginal scenario analyses.

I am pretty sure we'll see both XMR 400k and BTC 750$ within a month. ETH support at 1500k has been tested twice but I still think it tests 1000k before the September hard fork.

Hueristic

legendary

Activity: 3836

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Doomed to see the future and unable to prevent it

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

If bitcoin would go to 300$ again, would this be enough news to have Monero 'moon' to 0.006?

That would be a real btc bear market so if that is the btc price I wouldn't count on that being the Monero price. Ofc it depends on why.

I just remembered why I originally said September. There is a hard fork scheduled for September. The ever present dangling carrot of the GUI alluded to with the timely code words Grin

which doesn't need a hard fork, as well as RingCT which will happen this year. Sorry but I forgot whether RingCT needs a hard fork. A have a vague memory that it does and that it should be ready in time.

Edit: to me Monero moon is predicated on Monero strength not btc weakness.

I believe he is speaking in relation to and assuming inverse proportionality with his question.

nioc

legendary

Activity: 1624

Merit: 1008

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

If bitcoin would go to 300$ again, would this be enough news to have Monero 'moon' to 0.006?

That would be a real btc bear market so if that is the btc price I wouldn't count on that being the Monero price. Ofc it depends on why.

I just remembered why I originally said September. There is a hard fork scheduled for September. The ever present dangling carrot of the GUI alluded to with the timely code words Grin

which doesn't need a hard fork, as well as RingCT which will happen this year. Sorry but I forgot whether RingCT needs a hard fork. A have a vague memory that it does and that it should be ready in time.

Edit: to me Monero moon is predicated on Monero strength not btc weakness.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

If bitcoin would go to 300$ again, would this be enough news to have Monero 'moon' to 0.006?

I would say more like .005 but yes it is finally getting the respect it deserves. What lousy timing for me for ETH to fail at this point when I supported so many years and have divested all CC sans a few failed projects I tried to support. :|

bitebits

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Flippin' burgers since 1163.

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

If bitcoin would go to 300$ again, would this be enough news to have Monero 'moon' to 0.006?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Someone please explain the "aminorex/XMR bullish correlation" to me? I've never heard of that particular Trend Analysis technique!

When there is a bull run and aminorex makes supportive comments about it some people correlate that to a dump in the near future.

It may be true or it may be bias stemming from the fact that some people give credence to what he says as well as the fact that every bull run inevitably ends with a dump.

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

Listen to this guy, I've never seen anything but honest posts from him.

nioc

legendary

Activity: 1624

Merit: 1008

Someone please explain the "aminorex/XMR bullish correlation" to me? I've never heard of that particular Trend Analysis technique!

When there is a bull run and aminorex makes supportive comments about it some people correlate that to a dump in the near future.

It may be true or it may be bias stemming from the fact that some people give credence to what he says as well as the fact that every bull run inevitably ends with a dump.

As far as aminorex's most recent prediction of 0.005>0.006 in August, I don't feel it without some other specific news. Then again last month I said that something would happen in 3 months which is September so August is close. I remind every one I know nothing. Then again we all know something is happening "soon" or in 2 weeks, whichever comes first Grin

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it