"Bitcoin and the Rise of the Cypherpunks" - Monero Mentioned:
http://www.coindesk.com/the-rise-of-the-cypherpunks/
Apologies if this was already posted.
Topic: [XMR] Monero Speculation - page 1359. (Read 3313576 times)
This could be the bottom for a couple of days.
Unless someone buys in big time and takes us to over 0.0043 with buy of a great grandeur probably within the coming months we are still going down approximately 50 % from the current value. We will see if I am right with this... Do not get me wrong, I would love to be proven wrong. However, I am pleased also to buy more to get lower cost average, the cost average is the bright side of dump.
Now would be a good time to change your sig back to "normal" again. At least it gave readers a disclaimer of your intentions.
Wow, all my bids filled. Time to go up boys!
Do not get me wrong, I would love to be proven wrong.
That bullshit you were spouting this time last year about XMR going down to 0.0005?
You were wrong.
(And you're welcome.)
Advice to newcomers: Try not to take advice from a demonstrable idiot.
Now lets see who makes the first big buy, support building at 0.002.
I am sorry I cannot do that but if you want to do it obviously you are free to do so.
The trend broke too badly. It is time to go down and rest a little bit (some months) and probably go its long term resting state value of 0.001.
Easy to see who sold here..
This could be the bottom for a couple of days.
Unless someone buys in big time and takes us to over 0.0043 with buy of a great grandeur probably within the coming months we are still going down approximately 50 % from the current value. We will see if I am right with this... Do not get me wrong, I would love to be proven wrong. However, I am pleased also to buy more to get lower cost average, the cost average is the bright side of dump.
Now lets see who makes the first big buy, support building at 0.002.
I am sorry I cannot do that but if you want to do it obviously you are free to do so.
The trend broke too badly. It is time to go down and rest a little bit (some months) and probably go its long term resting state value of 0.001.
This could be the bottom for a couple of days.
wish yall the best but im sitting on bitcoin till the summer. rode most of this pump but had enough now.
Now lets see who makes the first big buy, support building at 0.002.
Could be, i hope i am wrong, but it tastes too much the same as last year...
Last year the facts were profoundly different. Facts beat pareidolia every time.
What differentiates this years ascent in price vs. last years is the dramatically larger volume this year. In addition observe the difference in velocity of the price decline after reaching the peak last year vs. now.
It still looks and tastes like last years spike guys....
How so exactly?
It's the same behaviour, just different volume
Well, let's see if this landing will be harder than last year
This is amusing. Way over sold now. If it retraces much further then XMR is a dodo.
445 BTC buy wall @XMR isnt this just confirmation were going to the moon 
They are trying to get the price down for days now but its not working
Only one option left ↑↑↑↑
Only one option left ↑↑↑↑
Real war going on right now with XMR next leg should be even stronger then 400% rise over the last 2 months
Victims of the pump are dropping like flies getting out with losses wishing they had never heard of Monero, only true believers are left now so you can stop the pumping.
f### missed the sell boat
Personally I am very cautious now.
Too much dumping taking place... Looks like we need to stay at 0.001 for a while before the next leg upwards.
I am preparin some cash to roll over to btc in case Monero goes to 0.001 and stays there a few more months.
Looks like I need to postpone 2000 usd/xmr a little bit, the good thing is I have time to waite even decades (if I am granted days to live so long).
Too much dumping taking place... Looks like we need to stay at 0.001 for a while before the next leg upwards.
I am preparin some cash to roll over to btc in case Monero goes to 0.001 and stays there a few more months.
Looks like I need to postpone 2000 usd/xmr a little bit, the good thing is I have time to waite even decades (if I am granted days to live so long).
Only idiots didn't see this coming..
That you show up after a dump? You are a good trend reversal indicator, you give me hope in dark times. Welcome back, primer!
Only idiots didn't see this coming..
Well at least you are honest about talking your book.
That's an odd thing to say. I sold 50% of my monero, not 100%. Right now I still stand to gain a lot if the price goes up It's 50/50 for me, I don't mind either way. The market seems to have crashed very quickly and hard. I think monero is especially vulnerable because many hold their coins on the exchange due to lack of GUI wallet. It's a lot easier to panic sell when all you have to do is click a sell button. Having to actually open a cold storage and transfer the funds will make you think twice and result in less dumping overall.
Users who can't run a commando line wallet will probably be less confident in the investment because holding often means keeping funds with third party, and that is risky. Additionally they may lack understanding of the technology. These two things makes them more eager to sell and with easily accessible funds it can contribute to a pretty violent crash like we're seeing right now. It can explain why monero keeps seeing dump after dump, seemingly never ending. The coin is just so damn easy to sell.
Unfortunately we failed pretty hard at breaking 0.0043 a second time, with current low today at 0.00242. This crash wasn't very surprising and despite what has been claimed in this thread earlier (that everyone who sell moneroj regrets it) I'd suspect there are a few people who actually regret not having sold some in the 300k-400k. I personally sold 50% of my coins about 2 weeks ago and wish I sold more. But on the other hand the coins I do own is mostly profit so I can afford the price going both down and up, I'm pretty comfortable with this I'd say.
We could see a bounce up again to maybe ~300k, but the trend is broken now imo. We're probably headed sub 0.002. I am having doubts about 0.001, but it certainly could happen given the right circumstances (e.g btc rally). I consider 100k-200k a good buying range. If we go back to the 300ks I'll have to consider selling a few more.
Altcoins usually deflate over a long period of time. What's known as the "long, painful, downward spiral". So a quick crash like this could also have a quick rebound. But if the trend is broken and we consistently fail to gain new highs it will slowly sink downwards. Monero may be an exception to this rule and have more violent crashes due to the reasons I outlined above.
All this being said, the difference between 2015 and 2016 is striking and we have a lot of new people on board. I tend to think it won't be as bad as the previous times we headed down and that recovery will come sooner than we'd think.
Users who can't run a commando line wallet will probably be less confident in the investment because holding often means keeping funds with third party, and that is risky. Additionally they may lack understanding of the technology. These two things makes them more eager to sell and with easily accessible funds it can contribute to a pretty violent crash like we're seeing right now. It can explain why monero keeps seeing dump after dump, seemingly never ending. The coin is just so damn easy to sell.
Unfortunately we failed pretty hard at breaking 0.0043 a second time, with current low today at 0.00242. This crash wasn't very surprising and despite what has been claimed in this thread earlier (that everyone who sell moneroj regrets it) I'd suspect there are a few people who actually regret not having sold some in the 300k-400k. I personally sold 50% of my coins about 2 weeks ago and wish I sold more. But on the other hand the coins I do own is mostly profit so I can afford the price going both down and up, I'm pretty comfortable with this I'd say.
We could see a bounce up again to maybe ~300k, but the trend is broken now imo. We're probably headed sub 0.002. I am having doubts about 0.001, but it certainly could happen given the right circumstances (e.g btc rally). I consider 100k-200k a good buying range. If we go back to the 300ks I'll have to consider selling a few more.
Altcoins usually deflate over a long period of time. What's known as the "long, painful, downward spiral". So a quick crash like this could also have a quick rebound. But if the trend is broken and we consistently fail to gain new highs it will slowly sink downwards. Monero may be an exception to this rule and have more violent crashes due to the reasons I outlined above.
All this being said, the difference between 2015 and 2016 is striking and we have a lot of new people on board. I tend to think it won't be as bad as the previous times we headed down and that recovery will come sooner than we'd think.
Well at least you are honest about talking your book.
The market seems to have crashed very quickly and hard. I think monero is especially vulnerable because many hold their coins on the exchange due to lack of GUI wallet. It's a lot easier to panic sell when all you have to do is click a sell button. Having to actually open a cold storage and transfer the funds will make you think twice and result in less dumping overall.
Users who can't run a commando line wallet will probably be less confident in the investment because holding often means keeping funds with third party, and that is risky. Additionally they may lack understanding of the technology. These two things makes them more eager to sell and with easily accessible funds it can contribute to a pretty violent crash like we're seeing right now. It can explain why monero keeps seeing dump after dump, seemingly never ending. The coin is just so damn easy to sell.
Unfortunately we failed pretty hard at breaking 0.0043 a second time, with current low today at 0.00242. This crash wasn't very surprising and despite what has been claimed in this thread earlier (that everyone who sell moneroj regrets it) I'd suspect there are a few people who actually regret not having sold some in the 300k-400k. I personally sold 50% of my coins about 2 weeks ago and wish I sold more. But on the other hand the coins I do own is mostly profit so I can afford the price going both down and up, I'm pretty comfortable with this I'd say.
We could see a bounce up again to maybe ~300k, but the trend is broken now imo. We're probably headed sub 0.002. I am having doubts about 0.001, but it certainly could happen given the right circumstances (e.g btc rally). I consider 100k-200k a good buying range. If we go back to the 300ks I'll have to consider selling a few more.
Altcoins usually deflate over a long period of time. What's known as the "long, painful, downward spiral". So a quick crash like this could also have a quick rebound. But if the trend is broken and we consistently fail to gain new highs it will slowly sink downwards. Monero may be an exception to this rule and have more violent crashes due to the reasons I outlined above.
All this being said, the difference between 2015 and 2016 is striking and we have a lot of new people on board. I tend to think it won't be as bad as the previous times we headed down and that recovery will come sooner than we'd think.
Users who can't run a commando line wallet will probably be less confident in the investment because holding often means keeping funds with third party, and that is risky. Additionally they may lack understanding of the technology. These two things makes them more eager to sell and with easily accessible funds it can contribute to a pretty violent crash like we're seeing right now. It can explain why monero keeps seeing dump after dump, seemingly never ending. The coin is just so damn easy to sell.
Unfortunately we failed pretty hard at breaking 0.0043 a second time, with current low today at 0.00242. This crash wasn't very surprising and despite what has been claimed in this thread earlier (that everyone who sell moneroj regrets it) I'd suspect there are a few people who actually regret not having sold some in the 300k-400k. I personally sold 50% of my coins about 2 weeks ago and wish I sold more. But on the other hand the coins I do own is mostly profit so I can afford the price going both down and up, I'm pretty comfortable with this I'd say.
We could see a bounce up again to maybe ~300k, but the trend is broken now imo. We're probably headed sub 0.002. I am having doubts about 0.001, but it certainly could happen given the right circumstances (e.g btc rally). I consider 100k-200k a good buying range. If we go back to the 300ks I'll have to consider selling a few more.
Altcoins usually deflate over a long period of time. What's known as the "long, painful, downward spiral". So a quick crash like this could also have a quick rebound. But if the trend is broken and we consistently fail to gain new highs it will slowly sink downwards. Monero may be an exception to this rule and have more violent crashes due to the reasons I outlined above.
All this being said, the difference between 2015 and 2016 is striking and we have a lot of new people on board. I tend to think it won't be as bad as the previous times we headed down and that recovery will come sooner than we'd think.
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