[XMR] Monero Speculation - page 1313.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Perhaps certain people should back up their so-called claims with proper arguments. It would significantly improve the quality of this thread. Alternatively, just stay away.

Speculation wise, the daily MACD has flipped to green and volume is declining, which is probably a sign that the sellers are getting exhausted during this correction which seems to be going into consolidation. It's ironic some people think it will head back immediately to 100k after the substantial drop. Last year's drop from 180k to 100k was mainly caused by a few factors that aren't (yet) present today. Besides, we still have strong resistance in the 165-180k which has to be broken first.

EDIT: Some visualization, as you can see we broke out of the short/medium-term downtrend/correction:

nioc

legendary

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Is it last year yet?

TrueCryptonaire

legendary

Activity: 1092

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Quote from: owm123 on May 04, 2016, 05:08:25 PM

Quote from: spatula on May 04, 2016, 04:43:24 PM

Why is volume so low?

Its going back to normal levels imo, before the recent pump. ALso I expect price to slide down slowly.

I agree.
In autumn there will be the best prices to acquire coins, last year the bottom prices were 0.001.

owm123

sr. member

Activity: 392

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Quote from: spatula on May 04, 2016, 04:43:24 PM

Why is volume so low?

Its going back to normal levels imo, before the recent pump. ALso I expect price to slide down slowly.

spatula

hero member

Activity: 507

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Why is volume so low?

wpalczynski

legendary

Activity: 1456

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I havent seen any posts from Quack Quack recently, did he sell all his coins?

persiancat

newbie

Activity: 33

Merit: 0

Quote from: slapper on May 03, 2016, 07:49:28 AM

... ...

Quote

I wanted to use F1 racing (2016 season) as an analogy, but I think some fans of certain drivers will be none too pleased about it.

Well, count me in as an audience. Would love to read this analogy Wink

Let's maintain harmony in this thread guys.
Let me add some humour to this thread.

(F1 2016 season, mainly)

BTC is like Kimi Raikonnen - has been around for a long time, consistent and steady, but the peak may be behind him

LTC is like Jenson Button - everyone knows who he is, but quite possibly past his prime, is his long-time girlfriend the reason?

XMR is like Max Verstappen - up-and-coming child-prodigy driver, the most promising since Lewis Hamilton, but will he ever get a better car?

ETH is like Nico Rosberg - he is at the top simply because he was in the right place in the right car at the right time (ahem)

Other altcoins is like Sebastien Vettel - the masses scurry to him when he wins, but when he fails to make the podium, he blames everyone except himself

okok I show myself the door.

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: smooth on May 03, 2016, 06:21:22 PM

Quote from: rpietila on May 03, 2016, 11:44:44 AM

Quote from: r0ach on May 03, 2016, 02:06:47 AM

... It is too late for GUI wallets to make any impact anymore. ...

XMR is 2 years old, so it is unbelievable that it still has any value; when are the bagholders going to grasp the futility of the project, going against such odds after such a long time ??

It not only has value, it has more value as measured by market cap than at almost any time in its history (treating the recent peak and current as a single observation since they are both higher than previous peaks). I'm not aware of any other 2+ year old cryptocurrency to which that statement applies, except Bitcoin somewhat.

Agreed.

As a long time/term bagholder, one thing that I have learned - If you don't believe in the coin long-term, or in the tech and devs behind it, it's just not for you. I love it to be honest. I love how such small swings when you own so many translate into large amounts of USD. Point being - If you don't let your emotions control you and it's not your lifes savings or something crazy, it's just numbers on a screen, IMO. Cheesy

Edit: fixed quotations based on smooth's fixes, thanks.

smooth

legendary

Activity: 2968

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Quote from: rpietila on May 03, 2016, 11:44:44 AM

Quote from: r0ach on May 03, 2016, 02:06:47 AM

... It is too late for GUI wallets to make any impact anymore. ...

XMR is 2 years old, so it is unbelievable that it still has any value; when are the bagholders going to grasp the futility of the project, going against such odds after such a long time ??

It not only has value, it has more value as measured by market cap than at almost any time in its history (treating the recent peak and current as a single observation since they are both higher than previous peaks). I'm not aware of any other 2+ year old cryptocurrency to which that statement applies, except Bitcoin somewhat.

EDIT: fixed the quote attribution

r0ach

legendary

Activity: 1260

Merit: 1000

Quote from: rpietila on May 03, 2016, 11:44:44 AM

Quote from: r0ach on May 03, 2016, 02:06:47 AM

... It is too late for GUI wallets to make any impact anymore. ...

XMR is 2 years old, so it is unbelievable that it still has any value; when are the bagholders going to grasp the futility of the project, going against such odds after such a long time ??

Answer: in absence of better, the best will [have to] do.

^This was actually not my quote, it was some guy named "slapper" and you quoted me somehow...

Nxtblg

legendary

Activity: 924

Merit: 1000

Quote from: Kramerc on May 03, 2016, 02:57:02 PM

Please stop quoting the troll and enjoy the silence while the price is getting hammered back into the .0010s.

Cheers.

92 1/2 cents as I write.

Kramerc

sr. member

Activity: 397

Merit: 250

Please stop quoting the troll and enjoy the silence while the price is getting hammered back into the .0010s.

Cheers.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: slapper on May 03, 2016, 12:50:16 PM

Quote from: Hueristic on May 03, 2016, 12:42:30 PM

Quote from: slapper on May 03, 2016, 12:38:58 PM

...

Bitcoin became successful because hoarding was encouraged for the first few years. in XMR it were seasoned BTC veterans just selling pipe dreams to noobs (just like any other altcoin) and it became an altcoin from that point forward despite being the best, much needed tech.

Wasn't bragging, just pointing out I have long term belief and stayed here while I was not even holding. I'm sorry your jaded reading comprehension took it as bragging when I was pointing out my belief in this coin. I've held through this entire bubble. I did sell and try to accumulate more but the price rose and I was able to buy back in a dip at like 27. I still hold that and will continue to. Fighting those whales is just a fools errand. You either believe long term or you don't. You on the other hand just troll continually, I have no clue why your here unless it's to keep people out while you accumulate.

Here we go. Couldn't pass that opportunity to brag again about how smart of a trader you are to sell and accumulate. Fucking ***got. YOU are the fool, you just don't get it. In time you will.

I am not here to accumulate. (and no I am not going to post about what trades I made to make myself look smarter)

Of course I am here to keep people out and give them views that they normally wouldn't get. Accumulate? Yah right Roll Eyes

I have got zcash coming which solves all my privacy concerns with respect to transparent ledgers.

Brag hah, Here's bragging for you. Check out every post where I recommend to buy or sell and see that I was right (If memory serves I haven't given bad advice once) and many of those times didn't even buy (because I didn't have the liquidity to do so) or sell (because I did not want to help change the trend). I have posted every time I saw an opportunity and shared it with everyone. I even posted the perfect time to Short ETH. I hope some of you guys took advantage of that.

So compare my posts with yours troll. And if you check my history you will also see me questioning the integrity of some sketchy actors like The dwarf pool owner before he was funded. Think what you want, I care not. You have been on ignore since your first set of trolling but as was stated a few posts earlier, it is quiet in here, so I read and responded to your post. You will not get a rise out of me as your childish attacks hold no weight, I won't be wasting my time responding to you again for awhile.

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: Hueristic on May 03, 2016, 12:42:30 PM

Quote from: slapper on May 03, 2016, 12:38:58 PM

...

Bitcoin became successful because hoarding was encouraged for the first few years. in XMR it were seasoned BTC veterans just selling pipe dreams to noobs (just like any other altcoin) and it became an altcoin from that point forward despite being the best, much needed tech.

Wasn't bragging, just pointing out I have long term belief and stayed here while I was not even holding. I'm sorry your jaded reading comprehension took it as bragging when I was pointing out my belief in this coin. I've held through this entire bubble. I did sell and try to accumulate more but the price rose and I was able to buy back in a dip at like 27. I still hold that and will continue to. Fighting those whales is just a fools errand. You either believe long term or you don't. You on the other hand just troll continually, I have no clue why your here unless it's to keep people out while you accumulate.

Here we go. Couldn't pass that opportunity to brag again about how smart of a trader you are to sell and accumulate. Fucking ***got. YOU are the fool, you just don't get it. In time you will.

I am not here to accumulate. (and no I am not going to post about what trades I made to make myself look smarter)

Of course I am here to keep people out and give them views that they normally wouldn't get. Accumulate? Yah right Roll Eyes

I have got zcash coming which solves all my privacy concerns with respect to transparent ledgers.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: slapper on May 03, 2016, 12:38:58 PM

...

Bitcoin became successful because hoarding was encouraged for the first few years. in XMR it were seasoned BTC veterans just selling pipe dreams to noobs (just like any other altcoin) and it became an altcoin from that point forward despite being the best, much needed tech.

Wasn't bragging, just pointing out I have long term belief and stayed here while I was not even holding. I'm sorry your jaded reading comprehension took it as bragging when I was pointing out my belief in this coin. I've held through this entire bubble. I did sell and try to accumulate more but the price rose and I was able to buy back in a dip at like 27. I still hold that and will continue to. Fighting those whales is just a fools errand. You either believe long term or you don't. You on the other hand just troll continually, I have no clue why your here unless it's to keep people out while you accumulate.

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: Hueristic on May 03, 2016, 12:33:01 PM

Quote from: ?? on ??

This thread turned into a ghost town, probably until 2017, or next bubble.

Boo

GUI and XMR/USD pair is next logical steps. We don't need bubbles just progress. then there will be marketing and then adoption. It has been explained over and over that until the infrastructure is complete there should be no marketing. If you don't understand why then dog into the 2 major threads. Hype and marketing before the infrastructure is what causes bubbles and then a loss of faith. that loss of faith can sometimes (most) cannot be recovered. So out of all the alts Monero is the only one doing it right. So bad the get rich quick speculators loss money in the mean time. I actually like the fact those gambling are getting burned, maybe they will not come back again.

The goal of this project is beyond the scope of all other alts. Either accept that or don't waste your time here.

Looks like our floor has risen this year. I have no issue with it staying in the 20's until Gui release. Dip into the 10's is opportunity for long term holders. All the kiddies looking to make xbox money need to goto ico scam coins.

Really pisses me off that I can't curse you because smooth will delete it. It is really ***explitive** like you that made it possible for people to leave XMR. Weren't you bragging about "sold all my XMR" a few months ago? Brilliant and also "not in XMR for a whole year". You proved your point about being a sharp trader and a successful businessman. Now, no one is buying the crap anymore.

Just need a few more braggers to complete the plot. And maybe a few more who shout about not selling all the time. Roll Eyes

Bitcoin became successful because hoarding was encouraged for the first few years. in XMR it were seasoned BTC veterans just selling pipe dreams to noobs (just like any other altcoin) and it became an altcoin from that point forward despite being the best, much needed tech.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: ?? on ??

This thread turned into a ghost town, probably until 2017, or next bubble.

Boo

GUI and XMR/USD pair is next logical steps. We don't need bubbles just progress, then there will be marketing and then adoption. It has been explained over and over that until the infrastructure is complete there should be no marketing. If you don't understand why then dig into the 2 major threads. Hype and marketing before the infrastructure is what causes bubbles and then a loss of faith. That loss of faith cannot be recovered (most times). So out of all the alts Monero is the only one doing it right. It's just too bad that the get rich quick speculators lose money in the mean time. I actually like the fact those gambling are getting burned, maybe they will not come back again.

The goal of this project is beyond the scope of all other alts. Either accept that or don't waste your time here.

Looks like our floor has risen this year. I have no issue with it staying in the 20's until Gui release. Dip into the 10's is opportunity for long term holders. All the kiddies looking to make xbox money need to goto ico scam coins.

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: rpietila on May 03, 2016, 11:44:44 AM

Quote from: r0ach on May 03, 2016, 02:06:47 AM

... It is too late for GUI wallets to make any impact anymore. ...

XMR is 2 years old, so it is unbelievable that it still has any value; when are the bagholders going to grasp the futility of the project, going against such odds after such a long time ??

Answer: in absence of better, the best will [have to] do.

Market has factored "in absence of better", hence the current value. zcash is in the horizon and will be backed by people willing to burn their BTCs into zcash. I don't quite agree with the notion that "anonymous coins don't matter" verdict being passed around in these forums. It is more of a spite against the current best tech XMR and the hoodlums trolling on the forums.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: r0ach on May 03, 2016, 02:06:47 AM

... It is too late for GUI wallets to make any impact anymore. ...

XMR is 2 years old, so it is unbelievable that it still has any value; when are the bagholders going to grasp the futility of the project, going against such odds after such a long time ??

Answer: in absence of better, the best will [have to] do.

DonYo

sr. member

Activity: 432

Merit: 251

Topic: [XMR] Monero Speculation - page 1313. (Read 3314316 times)