Topic: [XMR] Monero Speculation - page 1789. (Read 3313576 times)
I didn't expect to be able to buy again so soon, but under usd 0.6, its irresistable. Thank you eth.
Storing coins outside of the exchanges prevents you selling coins too low - ...
Storing coins out of exchange actually makes them yours.
Keeping them on exchange you ask someone else to decide if he want to give them to you or not.
An important point as always, many people have had to learn this lesson the hard way.
In regards to XMR price, as I said over the weekend I'm neutral atm. Waiting to properly test the previous high or head back for a retest of that lower trendline.
Storing coins outside of the exchanges prevents you selling coins too low - ...
Storing coins out of exchange actually makes them yours.
Keeping them on exchange you ask someone else to decide if he want to give them to you or not.
It is just a matter of days when 9 000 000 Moneros will be mined.
By the end of the year we are around 10 000 000 Moneros and the inflation is really lowering.
I am seeing still 2016 being the greatest year for Monero so far, and of course after that it will only get better if everything goes as planned.
In my opinion, now buying any Moneros below 5 USD is having a good deal and we still have good chances to achieve/touch 10 usd/XMR this year. I am not saying it will happen but certainly we have good chances. When the bubble occurs, those extreme prices will be touched in a rapid way. That's like Bitcoin 2012.
I know I am one step further in my views as Monero is only 0.60 usd per coin but I think it is great time to prepare your big hoovering machines and scoop the coins, store them in cold storage containers and save them until you want to buy some nice gadgets with them. Storing coins outside of the exchanges prevents you selling coins too low - when you need to sell your coins, transferring them gives you a few extra minute to think if you really want to sell at the certain price and thus makes your selling more rational and less emotional.
By the end of the year we are around 10 000 000 Moneros and the inflation is really lowering.
I am seeing still 2016 being the greatest year for Monero so far, and of course after that it will only get better if everything goes as planned.
In my opinion, now buying any Moneros below 5 USD is having a good deal and we still have good chances to achieve/touch 10 usd/XMR this year. I am not saying it will happen but certainly we have good chances. When the bubble occurs, those extreme prices will be touched in a rapid way. That's like Bitcoin 2012.
I know I am one step further in my views as Monero is only 0.60 usd per coin but I think it is great time to prepare your big hoovering machines and scoop the coins, store them in cold storage containers and save them until you want to buy some nice gadgets with them. Storing coins outside of the exchanges prevents you selling coins too low - when you need to sell your coins, transferring them gives you a few extra minute to think if you really want to sell at the certain price and thus makes your selling more rational and less emotional.
Chances are we are now on support levels and after a while Monero starts to fly. Now it is excellent time to load some more Moneros.
I've bought my daily portion of low-cost Moneros already.
I've bought my daily portion of low-cost Moneros already.
slightly take some XMR in trade poloniex, hopefully this could be a good investment for the future 
I doubt it will. As risto says, the chances that monero will fail are much ,much more bigger than it will success
He did say something similar that but you should provide the entire context of his entire quote. Besides ignoring his ROI projections if it succeeds you also ignored comments about how each day Monero survives, the chances of failure are diminished.
If his comments implied he was bearish (he is not) then he would not be actively buying right now. He has made multiple comments recently about buying XMR for a certain Finish company.
slightly take some XMR in trade poloniex, hopefully this could be a good investment for the future
I doubt it will. As risto says, the chances that monero will fail are much ,much more bigger than it will success
In general, the utility of exchange reserves hinges on future obligations. In other words: If you don't want to be a price-insensitive buyer at the last minute, you must pile up the instrument due, for use in the future.
That is not however the only motivation for reserve in XMR. Given either sufficient confidence in future value or a mechanism to hedge future value, the lack of credible alternatives for maintaining such a high degree of privacy in your accounts will suffice, even at the cost of conversions. Such a hedging mechanism could be very helpful to the growth of the practice, since confidence is obviously not pervasive. It's not, however, a trivial problem, and the market for it is presently rather small, relative to the difficulty of the problem.
In summary, the reasons to pile XMR, in order of importance to the long-term value of the unit: (1) obligations denominated in XMR, (2) compelling strong privacy needs, and (3) speculation. We have 3, and this is where it has taken us. It might take us further in future, but is a fickle friend indeed. 2 needs to make its impact felt before conditions will be conducive to the emergence of 1, in every scenario I contemplate seriously.
That is not however the only motivation for reserve in XMR. Given either sufficient confidence in future value or a mechanism to hedge future value, the lack of credible alternatives for maintaining such a high degree of privacy in your accounts will suffice, even at the cost of conversions. Such a hedging mechanism could be very helpful to the growth of the practice, since confidence is obviously not pervasive. It's not, however, a trivial problem, and the market for it is presently rather small, relative to the difficulty of the problem.
In summary, the reasons to pile XMR, in order of importance to the long-term value of the unit: (1) obligations denominated in XMR, (2) compelling strong privacy needs, and (3) speculation. We have 3, and this is where it has taken us. It might take us further in future, but is a fickle friend indeed. 2 needs to make its impact felt before conditions will be conducive to the emergence of 1, in every scenario I contemplate seriously.
We need [...] some merchants who keep the Moneros (or at least a part of the Moneros). The merchants who hold Moneros are good for Monero economy as they allow people taking bigger positions in Moneros and when people pay their purchases hopefully the merchants keep at least a part of the coins so that the bagholders do not eat all those Moneros.
Could you elaborate why you think a merchant would keep the Monero's it has been paid for the service or product it is offering?
From the consumer perspective I am convinced that true anonymity has value. From the merchant perspective not yet. Please convince me, truly interested.
Merchants will keep Moneros when their suppliers accept them. True anonymity's value varies depending on the sector of System D being considered.
We have a winner.
We need [...] some merchants who keep the Moneros (or at least a part of the Moneros). The merchants who hold Moneros are good for Monero economy as they allow people taking bigger positions in Moneros and when people pay their purchases hopefully the merchants keep at least a part of the coins so that the bagholders do not eat all those Moneros.
Could you elaborate why you think a merchant would keep the Monero's it has been paid for the service or product it is offering?
From the consumer perspective I am convinced that true anonymity has value. From the merchant perspective not yet. Please convince me, truly interested.
Merchants will keep Moneros when their suppliers accept them. True anonymity's value varies depending on the sector of System D being considered.
slightly take some XMR in trade poloniex, hopefully this could be a good investment for the future
We need [...] some merchants who keep the Moneros (or at least a part of the Moneros). The merchants who hold Moneros are good for Monero economy as they allow people taking bigger positions in Moneros and when people pay their purchases hopefully the merchants keep at least a part of the coins so that the bagholders do not eat all those Moneros.
Could you elaborate why you think a merchant would keep the Monero's it has been paid for the service or product it is offering?
From the consumer perspective I am convinced that true anonymity has value. From the merchant perspective not yet. Please convince me, truly interested.
From a merchants perspective, you may not want competitors aware of your transactions (debits or credits). Especially if they can piece together information like contacts (distributors, wholesalers, ect) from analytic software. A smaller business may not want criminal elements to track their balances. Also, many employers and employees would not like their salaries and wages on public record.
Another reason, though it is small, is to avoid conversions. If your customers want to give you Monero and you can use those Monero to pay your employees and vendors, you don't have to convert.
Interesting thanks.
When you think about it is actually quite astonishing that the bitcoin blockchain is mandatory transparent. Even if you don't want to for obvious, perfectly legal reasons.
We need [...] some merchants who keep the Moneros (or at least a part of the Moneros). The merchants who hold Moneros are good for Monero economy as they allow people taking bigger positions in Moneros and when people pay their purchases hopefully the merchants keep at least a part of the coins so that the bagholders do not eat all those Moneros.
Could you elaborate why you think a merchant would keep the Monero's it has been paid for the service or product it is offering?
From the consumer perspective I am convinced that true anonymity has value. From the merchant perspective not yet. Please convince me, truly interested.
From a merchants perspective, you may not want competitors aware of your transactions (debits or credits). Especially if they can piece together information like contacts (distributors, wholesalers, ect) from analytic software. A smaller business may not want criminal elements to track their balances. Also, many employers and employees would not like their salaries and wages on public record.
Another reason, though it is small, is to avoid conversions. If your customers want to give you Monero and you can use those Monero to pay your employees and vendors, you don't have to convert.
We need [...] some merchants who keep the Moneros (or at least a part of the Moneros). The merchants who hold Moneros are good for Monero economy as they allow people taking bigger positions in Moneros and when people pay their purchases hopefully the merchants keep at least a part of the coins so that the bagholders do not eat all those Moneros.
Could you elaborate why you think a merchant would keep the Monero's it has been paid for the service or product it is offering?
From the consumer perspective I am convinced that true anonymity has value. From the merchant perspective not yet. Please convince me, truly interested.
From a merchants perspective, you may not want competitors aware of your transactions (debits or credits). Especially if they can piece together information like contacts (distributors, wholesalers, ect) from analytic software. A smaller business may not want criminal elements to track their balances. Also, many employers and employees would not like their salaries and wages on public record.
We need [...] some merchants who keep the Moneros (or at least a part of the Moneros). The merchants who hold Moneros are good for Monero economy as they allow people taking bigger positions in Moneros and when people pay their purchases hopefully the merchants keep at least a part of the coins so that the bagholders do not eat all those Moneros.
Could you elaborate why you think a merchant would keep the Monero's it has been paid for the service or product it is offering?
From the consumer perspective I am convinced that true anonymity has value. From the merchant perspective not yet. Please convince me, truly interested.
I've closed my margin buy position but I am not by now means bearish so keep pumping as I have plenty of XMR waiting for higher prices. I've withdrawn those from the exchange (only about 50 xmr left in exchange) so do not worry, the dump will not be that bad. 
I am becoming more and more bullish now as the price seems to make nice jumps, emission is only about 13 000 xmr per day and Risto is preparing to start big Monero sales which hopefully will attract others also and create a nice network effect and revives the whole world for Monero.
I am becoming more and more bullish now as the price seems to make nice jumps, emission is only about 13 000 xmr per day and Risto is preparing to start big Monero sales which hopefully will attract others also and create a nice network effect and revives the whole world for Monero.
Timing seems good. Good luck.
Thanks Sir!
The strategy is simple: buy lower, sell higher.
It is good to have speculators in the market. ETH is succesful only becuase there are market makers. Thousands of bitcoins are waiting for getting dumped into in ETH markets and also there are some asks for the buyers.
In my opinion, Monero needs more this type of activity, it helps significiantly with the dumps. If a person wants to buy a new car and needs 100 000 usd cash, Monero should not dump into hell if he sells. After all, 100 000 usd is not that big money and we need more traders to give the markets both for buyers and sellers, then we need accumulators who give the price upward pressure, some merchants who keep the Moneros (or at least a part of the Moneros). The merchants who hold Moneros are good for Monero economy as they allow people taking bigger positions in Moneros and when people pay their purchases hopefully the merchants keep at least a part of the coins so that the bagholders do not eat all those Moneros.
A success in a coin is a combination of several pieces IMO.
However, now there is clearly an accumulation phase going as the coin need to be held in stronger hands that are able to carry it all the way to the new Galaxies.
I've closed my margin buy position but I am not by now means bearish so keep pumping as I have plenty of XMR waiting for higher prices. I've withdrawn those from the exchange (only about 50 xmr left in exchange) so do not worry, the dump will not be that bad.
I am becoming more and more bullish now as the price seems to make nice jumps, emission is only about 13 000 xmr per day and Risto is preparing to start big Monero sales which hopefully will attract others also and create a nice network effect and revives the whole world for Monero.
I am becoming more and more bullish now as the price seems to make nice jumps, emission is only about 13 000 xmr per day and Risto is preparing to start big Monero sales which hopefully will attract others also and create a nice network effect and revives the whole world for Monero.
Timing seems good. Good luck.
I've closed my margin buy position but I am not by now means bearish so keep pumping as I have plenty of XMR waiting for higher prices. I've withdrawn those from the exchange (only about 50 xmr left in exchange) so do not worry, the dump will not be that bad.
I am becoming more and more bullish now as the price seems to make nice jumps, emission is only about 13 000 xmr per day and Risto is preparing to start big Monero sales which hopefully will attract others also and create a nice network effect and revives the whole world for Monero.
I am becoming more and more bullish now as the price seems to make nice jumps, emission is only about 13 000 xmr per day and Risto is preparing to start big Monero sales which hopefully will attract others also and create a nice network effect and revives the whole world for Monero.
... perhaps we found a nice (local) bottom at 0.002051 afterall.
I was close to hitting it, but no cigar
Pair that shot with a choice frame from the 0015 dumper video for a lovely illustration of Goofus (how not to do it) and Gallant (how to do it).
... perhaps we found a nice (local) bottom at 0.002051 afterall.
I was close to hitting it, but no cigar
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