Topic: [XMR] Monero Speculation - page 1463. (Read 3313576 times)

Nobody except The Architect (AKA Grandmaster Szaboshi) and The Oracle (Dr. Backamoto) understands The Matrix.

The only ETH I continuously hold are the ones provided by profitable trades.

Actual Advice Animal: Get into ETH, get out when profitable, let the profit ride.

Honestly, I never knew the point of purchasing ETH either... I mean from what it sounds like to me, ETH is more like Tor or i2p... It's a network, not a currency. At least I don't think...

To me it looks like owning a stock in Microsoft Azure...

I understand the Matrix. But still dont know if I have to invest in ETH, could you give advice about this please?  

Thanks!!

You have the obvious half correct, but in order to earn full marks still need to appreciate and embrace the subtleties of the logos, ethos, and pathos.

Keep digging.  Discorporate and return to the source.

If I understand you correct you are stating with the above that ETH is a buy and will head to 100$+ ?

And with the above you are saying that because of ETH more money flows in to crypto world and eventually will flow into XMR.

Did I understood correct?

Thanks!

How many BTC would you like to have owned for $14?

1000?  10,000?  100,000?  You are not alone.



To be clear, XMR currently stands alone with BTC and ETH as the only Szaboshi-endorsed cryptos available for retail consumption.

Short and FUD trash like Maid and Dash.  Don't hate on the legit stuff.

ETH is doing a lot of heavy lifting for XMR...

Yeah I dont like dash at all.

But how about BTC, everybody is talking about an upcoming pump with the halving block size in sight.. but there is also the clash between core and classic, how do you think this will look like and ofcourse effect alts like XMR

I don't know about 10x, but Dash's market cap is approximately 3x ours... which seems absurd that Dash would be more highly valued.  Our GUI release is speculated within a few months, by which time I would expect this discrepancy to be corrected.  Do not trade on my advice, but I personally am expecting $5 Monero by 3rd quarter of 2016.  That seems reasonable, IMHO.

rofl nice one

So the price of XMR is now 300k Satoshi, marketcap of 12 million. Stll pretty low, for a coin like XMR. x10 easily from here, but in how many time?

I found written Chinese to be endlessly fascinating, and spoken Chinese to be endlessly frustrating, due to tones.  I began study in my 40s.

I heard Vitalik has been brushing up on his Chinese. 
 
As a middle aged man, I don't consider myself able to ever be fluent, but do you guys think that if one wishes to be involved in cryptocurrency they should at least learn some basics? (perhaps merely as a sign of respect, should one visit China eventually).  I picked up some Russian basics over the last ten years, and that was difficult enough - the thought of starting from scratch with a new language is daunting, but life is long... and a native English speaker who could also speak Russian and Chinese would be in a lucrative position, regardless of any other abilities.

With glasses you look better

MAAM #7 Monero Ask Anything Monday:

https://www.reddit.com/r/Monero/comments/4aaglw/maam_7_monero_ask_anything_monday/

Some trading advice: once everyone 'knows something', look out.  As one of the few people to make a little bit on an ETH short (last time it fell from 0.03 to 0.022), at the time of shorting everyone in the world thought it was a damn fool move - ETH was invincible and could only go up.  
  
Now Monero-land is filled with true-believers holding long-and-strong spot; not a lot of euphoria around here - merely a quiet resolve and patience.  That is fine.  In fact, if you mention XMR or Monero in most forums (/biz/ or the troll box) you get met with some confusion and skepticism.  That is also fine.  
  
But there will come a time when Monero can only go up.  When we pierce new price levels so quickly that people's heads are spinning and they are rushing to margin long as fast as possible to capture the XMR train that 'only goes up'.  You will see multiple XMR threads on /biz/ and people will consider dropping out of college to pursue a 'career in crypto trading' based soely on their XMR trading gains.  It will be a euphoric dash.  
  
That's when you, even as a long term hodl'er, should start to get nervous.  Long term I do believe that XMR goes to $1000+ (unlike ETH, which I have my doubts on), but nothing moves in a straight line.  Luckily, 300k satoshi is nothing compared to what's coming - I'm convinced of it.  We will look back on page 700-something and laugh.  This topic will go to 1500+ pages, and then 2000+ pages in the span of a couple of months.  You will hear the phrase "new paradigm" used in conjunction with Monero for the first time.  
  
And that's when you should get fearful.  I've seen this before, and I'm getting better at recognizing it.  But that's much later in the book - until then enjoy the conclusion to the first act.  

Expect some portion of ether gains to book as monero.  Mine just did.

Expect a dump this week back to 0.015

There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge
                             

                             

If you itch to sell, sell brokencoin bitcoin for XMR.  Instant gratification