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Topic: [XMR] Monero Speculation - page 1354. (Read 3313576 times)

hero member
Activity: 795
Merit: 514
April 11, 2016, 03:52:09 PM
If you're looking for an exchange, Poloniex.com has the best liquidity. If you just want to buy some XMR with BTC at close to the market rate, check out shapeshift.io.
legendary
Activity: 2268
Merit: 1141
April 11, 2016, 03:49:17 PM
Newb question but where can i buy monreo?  Lips sealed

Curious, are you the "real" isildur1?

Anyway, there are a few exchanges available the let you buy XMR. The biggest (and in my opinion the most reliable) is Poloniex -> https://poloniex.com/exchange#btc_xmr. This exchange also has the best liquidity. As "second" exchange I could recommend Bittrex -> https://bittrex.com/Market/Index?MarketName=BTC-XMR.

If you haven't bought on exchanges before, here is an explanation of amoebatron on how to do it:

https://www.reddit.com/r/Monero/comments/4eab6c/how_to_purchase_monero_on_poloniex/
member
Activity: 89
Merit: 10
https://www.youtube.com/channel/UCFZEGJo43fObLP1GV
April 11, 2016, 03:46:02 PM
Newb question but where can i buy monreo?  Lips sealed
legendary
Activity: 1008
Merit: 1001
April 11, 2016, 03:21:35 PM

.0022498 is the fib that is supporting price. If not, next one is .0017. I think it will hold but is difficult to say for sure

Respect Dotto - you called the dump short term bottom target pretty well.

I wish I had listened and traded it accordingly.

Personally I feel it is the bottom for now, unless of course BTC is where the money is going as Elrippo's scenaro (plausibly) suggests.

But one would hope XMR at least holds up in USD terms even if BTC does pump spectacularly.  And of course that 'where do BTC profits from sales at the top head for?' question is valid; why not into a new Altcoin pump...?

If the market is as playable as it seems to appear, then the big money will not want to sit out of the whole market if it's on a roll.

I like Dotto as much as you  Grin Roll Eyes

This all can be a pretty stunning altcoin bull trap, i hope so, but i stick with my prediction (i have to, else i would be not credible  Wink)
sr. member
Activity: 306
Merit: 251
April 11, 2016, 02:19:03 PM
the pump group reveals itself........

ha ha I guess I'm guilty of being in that crowd.  To the moon.....

Just keep your miners off line so I can get all the coins  Muah ha ha ha ha..
legendary
Activity: 1260
Merit: 1008
April 11, 2016, 02:15:08 PM
the pump group reveals itself........
sr. member
Activity: 306
Merit: 251
April 11, 2016, 01:45:00 PM
Hash Rate down over all since Friday last 72 hours.   More frequent coins for my miner to mine.
 
legendary
Activity: 2604
Merit: 1748
April 11, 2016, 01:30:36 PM


.0022498 is the fib that is supporting price. If not, next one is .0017. I think it will hold but is difficult to say for sure

Respect Dotto - you called the dump short term bottom target pretty well.

I wish I had listened and traded it accordingly.

Personally I feel it is the bottom for now, unless of course BTC is where the money is going as Elrippo's scenaro (plausibly) suggests.

But one would hope XMR at least holds up in USD terms even if BTC does pump spectacularly.  And of course that 'where do BTC profits from sales at the top head for?' question is valid; why not into a new Altcoin pump...?

If the market is as playable as it seems to appear, then the big money will not want to sit out of the whole market if it's on a roll.
legendary
Activity: 1834
Merit: 1520
April 11, 2016, 01:19:59 PM
Why doesn't YoBit add monero for trading? Any ideas? Roll Eyes
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
April 11, 2016, 01:18:45 PM
blocksize issues > BTC moved into alts >calmed down BTC discussion and "halving pump expectations > alts moved back into BTC > no or disappointing halving Pump and reemerging blocksize discussion > 10x the BTC flow back into alts

at least what i hope  Smiley

Let's wait and see  Wink

Noticable: Every time Monero picks up some value, dumps accure...

LOL sounds like the guy I sold my cheap coins to. Only they are much cheaper now. Price goes up, we dump some more and watch the beliebers rejoice ! Dump before you get dumped on in this scheme. Have you not paid attention to what has been posted for last few pages. You will always regret not selling more in this coin for every price rise as evidenced by even Legendary posters. If price ever goes to even 0.003 there will be 100k+ type of sell walls appear (which by the way still will be massive profit for those sellers).

Or be happy with development in the coin (LMAO) ...
sr. member
Activity: 306
Merit: 251
April 11, 2016, 01:03:22 PM
No it's if you have 1 btc it becomes half a btc which is the reason they have to pump the price up Grin Grin

Actually it's the block reward which will be cut in half from 25 to 12.5.  This happens every 4 years(?) and will be the second time this has happened.

Ah ok.  Makes me even happier that I'm into Monero. 
legendary
Activity: 1624
Merit: 1008
April 11, 2016, 11:58:43 AM
No it's if you have 1 btc it becomes half a btc which is the reason they have to pump the price up Grin Grin

Actually it's the block reward which will be cut in half from 25 to 12.5.  This happens every 4 years(?) and will be the second time this has happened.
sr. member
Activity: 306
Merit: 251
April 11, 2016, 11:45:08 AM
Buy XMR now while prices are dirt cheap. The crypto markets as a whole are still volatile but with so much development going on with this coin I really feel it will be up over $10 US by the end of the year.  The community is strong and the development is really picking up lately.  I've also noticed many new people posting and asking questions about Monero. All good signs.


I do have a question though.  What is this Bitcoin halving stuff?  Is it if I hold one bitcoin it now becomes two bitcoins.  I never followed bitcoin very closely so not sure what is going on.  From recent reading I have read about lotss of stagnation within their community on which way to go or which road to follow. 

Buy now because in a month or two at most these prices on Monero will be history forever.  Just my opinion.
sr. member
Activity: 420
Merit: 262
April 11, 2016, 11:03:45 AM
My 2 cents (amended), since someone asked:

Sure. So what coin(s) do you recommend based on your superior requirements?

What is your goal?

1. Short-term profits: gambling or P&D?
2. Long-term profits?
3. Ideological investment to support crypto-currency adoption?

Answers:

1. Close your eyes and pick some from a grab brag or get on the inside with a good scammer.
2. Bitcoin (maybe Monero, but I would prefer Bitcoin yet Monero has greater potential long-term upside)
3. IMO and AFAICS, no realistic choice yet available, other than Bitcoin ecosystem investments

Fair enough. I just don't get why you picked Monero for #2 (along with BTC) knowing that it started as a #1. Can you specify your reasoning?

Bitcoin has 100 times more adoption (don't compare by market cap) given by transaction fees and equivalent power consumption for hashrate than any altcoin. So it currently has the only realistic chance of furthering crypto-currency adoption. Any other coin would have to grow 100 times before it is even making any improvement. 100 times adoption growth is extremely unrealistic.

Thus Bitcoin is the most stable for long-term growth and the most liquid. Bitcoin could possibly fall apart with the block size scaling problems, but I assume this will get resolved with increasing centralization and/or rising transaction fees.

Monero has the best of breed privacy that no other coin can touch. They are implementing RingCT which combined with Cryptonote will hide values, sender, and recipient. This is all End-to-End principled, so Dash is just a nonsense toy compared to Monero w.r.t. to anonymity (notwithstanding many other technical and economic flaws in Dash). Monero has a real cryptographer who is expert in algebraic geometric and other abstract math. Dash doesn't have this. There is no other coin out there with a realistic technology that actually works. Ethereum, List, Iota, MaidSafe, Sia, Storj, Synereo, etc are all flawed and won't work.

There is only one non-bullshit coin with innovation. Monero. Period.

Lol, way OT but whatever, at least Dash has such amazing innovations as a GUI wallet, several of them even which is several more than another coin being heavily promoted in this thread Wink Want to see real innovation? Read the link in the first post.

A GUI wallet does not a technology make.

Yeah more innovation such as the high school math error that was in the InstantX white paper for 1 year until I read the paper.
full member
Activity: 229
Merit: 100
April 11, 2016, 10:40:59 AM
[chart cut]
I am still bullish. A retracement is healthy and allows for people to jump back in so long as they actually pull the trigger.

[chart cut]

~0.0029 coincides the bottom of the channel (0.001200 thru 0.001904) with the 38.2% retracement (0.00097 to 0.0042).

That's a pretty strong package, but it if breaks, then the 50% retracement sits at 0.0025950.

(We don't want the 50% marker to break as that would be a technical reversal of everything built from 0.0009.)

No way we break 300k.

At least we're on the same page now, albeit two weeks out.

Having said that, the 50% marker is clearly done - too late for it to be a useful indicator.

You were right, I totally underestimated the downward momentum the dump caused. I also thought our correlation to the ETH chart was done, but I'm back on that train now. Like I said, I'm still bullish here and have sold some other coins I was hodling to pick up some more XMR, too much development in the pipeline not to turn around IMO.
legendary
Activity: 1624
Merit: 1008
April 11, 2016, 10:26:52 AM
Surprise, now the incompetent fools cannot process my btc transaction till maybe tomorrow. Grin  This all should have been done almost 2 weeks ago Tongue

Who would like to speculate when I will actually receive it and what the price of Monero will be at that time Huh
hero member
Activity: 714
Merit: 504
April 11, 2016, 09:16:46 AM

I am still bullish. A retracement is healthy and allows for people to jump back in so long as they actually pull the trigger.



~0.0029 coincides the bottom of the channel (0.001200 thru 0.001904) with the 38.2% retracement (0.00097 to 0.0042).

That's a pretty strong package, but it if breaks, then the 50% retracement sits at 0.0025950.

(We don't want the 50% marker to break as that would be a technical reversal of everything built from 0.0009.)

No way we break 300k.

At least we're on the same page now, albeit two weeks out.

Having said that, the 50% marker is clearly done - too late for it to be a useful indicator.
full member
Activity: 229
Merit: 100
April 11, 2016, 08:58:10 AM



I am still bullish. A retracement is healthy and allows for people to jump back in so long as they actually pull the trigger.
legendary
Activity: 1092
Merit: 1000
April 11, 2016, 08:15:35 AM
What do you think about possibilty of monero's rates moving back again from 0.003 or 0.004 rates ?

Will it?  I strongly believe it will.

When?  No idea.

I tend to agree.
Even 2000 usd/xmr is possible, however the probability is significiantly lower than reaching 0.003-0.004.
The bottom line is, anything can happen and when there are strong buyers buying behind the scenes, many will turn bearish but the price will continue rising (like it happened with btc - even wizard Reptilian sold part of his coins way too early to buy the castle).
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