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Topic: [XMR] Monero Speculation - page 2095. (Read 3313076 times)

donator
Activity: 1722
Merit: 1036
December 27, 2014, 05:57:39 AM
Unfortunately, 0.0010 was/is an ideal entry point for P&Ders.

It was difficult to get in at that point. I tried, but only managed to buy very little. I doubt anyone who did not have trust in XMR was on the buy side.

The situation now looks overbullish because of the lack of bullish sentiment. Perhaps many in fact did sell with the intention to buy lower, and now the coins are in strong hands but the previous owners also want them back  Cheesy

When people say they are bullish, you shouldn't be. Also the contrary  Grin
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
December 26, 2014, 10:37:24 PM
Unfortunately, 0.0010 was/is an ideal entry point for P&Ders.
sr. member
Activity: 336
Merit: 250
December 26, 2014, 09:11:03 PM
Its time for SaddamBitcoin to live up to his part of the bet and pee on his own head.

XMR dropped below .01 on Dec 17th. I can't find the comments that were part of the bet -- most likely they were deleted by one of your mods.

But he owes me a picture of himself peeing on his own head. Or else I'm going to start my own thread with it.

It's true, I lost the bet fair and square. Regardless, my faith in Monero remains strong so I must uphold my end of the bargain.

I will deliver a photo of the deed to Nutildah by midnight Dec 31st 2014.



Video or it didn't happen.  Shocked
legendary
Activity: 1610
Merit: 1004
December 26, 2014, 08:20:07 PM
It remains intact in the old unmoderated XMR speculation thread.

I'm tired of hearing about it too, so I will get it over with swiftly and let important discussion carry on  Grin
legendary
Activity: 1624
Merit: 1008
December 26, 2014, 06:12:50 PM
Yeah we don't want to here it, we want to see it!
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
December 26, 2014, 06:09:02 PM
 I'd rather not hear any more about it, personally.
legendary
Activity: 1610
Merit: 1004
December 26, 2014, 04:28:53 PM
Its time for SaddamBitcoin to live up to his part of the bet and pee on his own head.

XMR dropped below .01 on Dec 17th. I can't find the comments that were part of the bet -- most likely they were deleted by one of your mods.

But he owes me a picture of himself peeing on his own head. Or else I'm going to start my own thread with it.

It's true, I lost the bet fair and square. Regardless, my faith in Monero remains strong so I must uphold my end of the bargain.

I will deliver a photo of the deed to Nutildah by midnight Dec 31st 2014.

3x2
legendary
Activity: 1526
Merit: 1004
December 26, 2014, 02:57:40 PM
Its time for SaddamBitcoin to live up to his part of the bet and pee on his own head.

XMR dropped below .01 on Dec 17th. I can't find the comments that were part of the bet -- most likely they were deleted by one of your mods.

But he owes me a picture of himself peeing on his own head. Or else I'm going to start my own thread with it.
Lol yeah i read that post of him too but i dont want him to do that, he was just over confident and he should have never said that.
member
Activity: 106
Merit: 10
December 26, 2014, 02:49:00 PM
Its time for SaddamBitcoin to live up to his part of the bet and pee on his own head.

XMR dropped below .01 on Dec 17th. I can't find the comments that were part of the bet -- most likely they were deleted by one of your mods.

But he owes me a picture of himself peeing on his own head. Or else I'm going to start my own thread with it.

You sir, are a disgrace for humanity.
legendary
Activity: 3010
Merit: 8114
December 26, 2014, 02:39:12 PM
Its time for SaddamBitcoin to live up to his part of the bet and pee on his own head.

XMR dropped below .01 on Dec 17th. I can't find the comments that were part of the bet -- most likely they were deleted by one of your mods.

But he owes me a picture of himself peeing on his own head. Or else I'm going to start my own thread with it.
legendary
Activity: 1092
Merit: 1000
December 26, 2014, 12:32:40 PM
Less than 100 000 usd and xmr is over 0.002 once again.  Shocked
hero member
Activity: 833
Merit: 1001
December 26, 2014, 12:11:00 PM
precisely why i'm bullish too, in addition to db conversion, more code re-factoring and slick GUI... the main fundamental of this coin such as being untraceable cryptocurrency still remains as strong as ever in fact developers' daily involement just makes it even more reassuring. i'm quite sure that there will be a black swan type of event when more people will have to resort to cryptos, especially those with strong privacy features.

BCX could have scared away a bunch of potential investors.
I found the price action in the wake of BCX's deadline coming and going with no attack (revealing him to be a trolling windbag) to be perplexing. The price continued down, which suggested to me other factors at work -- in particular the exhaustion of buying demand.

I know I became weary of the FUD and tended to look at XMR less frequently about that time.  And I'm about as gung-ho as they come, when it comes to XMR.  I also had a large task backlog at work to deal with.  I basically stopped telling people about it.   I am starting to advertise it again now.  The price is so low that I can recommend it to just about anyone, without qualm or concern.  I may arrange some talks to crypto-friendly audiences in the city soon.  It seems like each time I do that, we get another buyer or two.  But the big pay-off from that effort will come when a payment processor integrates XMR. That's a huge win-win for everyone.


legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
December 26, 2014, 11:43:10 AM
BCX could have scared away a bunch of potential investors.
I found the price action in the wake of BCX's deadline coming and going with no attack (revealing him to be a trolling windbag) to be perplexing. The price continued down, which suggested to me other factors at work -- in particular the exhaustion of buying demand.

I know I became weary of the FUD and tended to look at XMR less frequently about that time.  And I'm about as gung-ho as they come, when it comes to XMR.  I also had a large task backlog at work to deal with.  I basically stopped telling people about it.   I am starting to advertise it again now.  The price is so low that I can recommend it to just about anyone, without qualm or concern.  I may arrange some talks to crypto-friendly audiences in the city soon.  It seems like each time I do that, we get another buyer or two.  But the big pay-off from that effort will come when a payment processor integrates XMR. That's a huge win-win for everyone.

legendary
Activity: 2730
Merit: 1288
December 26, 2014, 09:48:27 AM
Monero just followed bitcoin with a bit of delay. Bitcoin dropped from 600 usd to 300 from August, so Monero followed. Of Course more drastically.
Most other alts also dropped in this time, but the ones where most coins is held by few people that got them free or almost free, could not drop that fast.
It was said several times,
1. generally bearish crypto market
2. high Monero emission at this time
3. to many investors-speculators did not realize when they bought Monero is 2-3 years time investment and decide to leave it for other coins where they expect faster profits. and will return to Monero latter
legendary
Activity: 2968
Merit: 1198
December 26, 2014, 06:10:49 AM
We have had bearish trend since June (a serie of lower highs). Those people who bought into the MintPal pump back then have faced like close to 90 % loss in terms of bitcoins and in terms of fiat even more due to the drop of usd/btc rate.
However it became clearly bearish this autumn as even the pattern of higher lows was destroyed.

If you have both lower highs and higher lows, then there is really no trend at all (except toward reduced volatility).

It was only since August that highs and lows both began to trend lower, and the downtrend became very clear and well developed.

I don't know the reason for this. My theory has been that by August we ran out of new investors, and original group of investors had accumulated as much as they wanted. The price needed to go lower to motivate some averaging down, and more recently bring in some new buyers who find the lower prices more attractive and less risky.

I don't have very high confidence that my theory is correct. There may be other explanations for it.


BCX could have scared away a bunch of potential investors.

BCX didn't show up with his threats until late September. There was the first malleable block (212612) attack that happened in early September (and directly after that attack and recovery the price trend was positive).

I found the price action in the wake of BCX's deadline coming and going with no attack (revealing him to be a trolling windbag) to be perplexing. The price continued down, which suggested to me other factors at work -- in particular the exhaustion of buying demand.

legendary
Activity: 1092
Merit: 1000
December 26, 2014, 06:01:37 AM
We have had bearish trend since June (a serie of lower highs). Those people who bought into the MintPal pump back then have faced like close to 90 % loss in terms of bitcoins and in terms of fiat even more due to the drop of usd/btc rate.
However it became clearly bearish this autumn as even the pattern of higher lows was destroyed.

If you have both lower highs and higher lows, then there is really no trend at all (except toward reduced volatility).

It was only since August that highs and lows both began to trend lower, and the downtrend became very clear and well developed.

I don't know the reason for this. My theory has been that by August we ran out of new investors, and original group of investors had accumulated as much as they wanted. The price needed to go lower to motivate some averaging down, and more recently bring in some new buyers who find the lower prices more attractive and less risky.

I don't have very high confidence that my theory is correct. There may be other explanations for it.


BCX could have scared away a bunch of potential investors.

People tired of waiting (maybe they bought assuming that the GUI would be released a lot earlier). Those people were in it for a quick buck anyway, so maybe better to not have them on board.

Selling in order to buy back lower.

New investors are interested when the coin makes new ATHs - These are the best times to get the most attention.
However to make new ATH is now very expensive (costs like several thousands of bitcoins when we take to account the fact that some people starts dumping in addition to Poloniex sell orderbook, and also emission is a bit high to do this expensive thing currently).
I think new ATH and a lot of mainstream media attention (like Bitcoin has) will eventually help a lot in getting completely fresh money into Monero.
The selling channel of Moneroclub is definetely something that will help in this since it makes the barrier of fiat-denominated people entering much lower due to opportunity of buying with SEPA-banktransfers or fiat-cash.
legendary
Activity: 2268
Merit: 1141
December 26, 2014, 05:47:08 AM
We have had bearish trend since June (a serie of lower highs). Those people who bought into the MintPal pump back then have faced like close to 90 % loss in terms of bitcoins and in terms of fiat even more due to the drop of usd/btc rate.
However it became clearly bearish this autumn as even the pattern of higher lows was destroyed.

If you have both lower highs and higher lows, then there is really no trend at all (except toward reduced volatility).

It was only since August that highs and lows both began to trend lower, and the downtrend became very clear and well developed.

I don't know the reason for this. My theory has been that by August we ran out of new investors, and original group of investors had accumulated as much as they wanted. The price needed to go lower to motivate some averaging down, and more recently bring in some new buyers who find the lower prices more attractive and less risky.

I don't have very high confidence that my theory is correct. There may be other explanations for it.


BCX could have scared away a bunch of potential investors.

People tired of waiting (maybe they bought assuming that the GUI would be released a lot earlier). Those people were in it for a quick buck anyway, so maybe better to not have them on board.

Selling in order to buy back lower.
legendary
Activity: 2968
Merit: 1198
December 26, 2014, 05:32:16 AM
We have had bearish trend since June (a serie of lower highs). Those people who bought into the MintPal pump back then have faced like close to 90 % loss in terms of bitcoins and in terms of fiat even more due to the drop of usd/btc rate.
However it became clearly bearish this autumn as even the pattern of higher lows was destroyed.

If you have both lower highs and higher lows, then there is really no trend at all (except toward reduced volatility).

It was only since August that highs and lows both began to trend lower, and the downtrend became very clear and well developed.

I don't know the reason for this. My theory has been that by August we ran out of new investors, and original group of investors had accumulated as much as they wanted. The price needed to go lower to motivate some averaging down, and more recently bring in some new buyers who find the lower prices more attractive and less risky.

I don't have very high confidence that my theory is correct. There may be other explanations for it.
legendary
Activity: 1092
Merit: 1000
December 26, 2014, 05:09:08 AM
We have had bearish trend since June (a serie of lower highs). Those people who bought into the MintPal pump back then have faced like close to 90 % loss in terms of bitcoins and in terms of fiat even more due to the drop of usd/btc rate.
However it became clearly bearish this autumn as even the pattern of higher lows was destroyed.
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