[XMR] Monero Speculation - page 2118.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: rangedriver on November 17, 2014, 03:00:48 AM

People fudding XMR in anticipation of the Cryptsy pump should be ashamed.

LOL

People buying in cryptsy pump should be ashamed IMO.

My advice is to find the equilibrium price for the coin and not to pump it artificially.
When the equilibrium price has been discovered, then it is time to start accumulating and the price will be able to start rising.
If the price is too high for the absorbing the coins, then the price keeps falling, if the price is too low (meaning: there is more demand than the miners can supply at the price, the price will rise).

Personally I will start my buying at 0.0005 levels and see if it is too high or too low.

rangedriver

hero member

Activity: 714

Merit: 504

People fudding XMR in anticipation of the Cryptsy pump should be ashamed.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: Hueristic on November 16, 2014, 10:22:47 PM

Quote from: ?? on ??

i am an idiot i am losing so much money on this

this is where the weak hands lose.

The problem is Monero is massively mispriced currently.
Whales are not supporting it (rather getting out of it).
I do not see any other problem but the price is just too high to keep up the daily emission since the whales are not eating it.
I think Monero could stabilize around 0.0005 btc which is fairer price. Let's see from there if they are able to do something real and we might see some uptrend from there.

eizh

hero member

Activity: 560

Merit: 500

Quote from: rdnkjdi on November 17, 2014, 12:02:49 AM

I don't know that Warren Buffet is really applicable to altcoins ... seems rather ironic.

It just follows from the unpredictability of market movements - doesn't have anything to do with individuals, or the type of asset, or any associated politics.

rdnkjdi

legendary

Activity: 1256

Merit: 1009

Quote from: eizh on November 16, 2014, 11:16:25 PM

Quote from: UnicornFarts on November 16, 2014, 10:28:25 PM

But you need to decide why you are invested, if the reasons are the same. Stay.

Yep, this is Buffet's advice that's universally applicable to any asset. You can get out, but it's also hard to catch a rise, if and when it happens. Alts wouldn't be fun otherwise.

I don't know that Warren Buffet is really applicable to altcoins ... seems rather ironic.

eizh

hero member

Activity: 560

Merit: 500

Quote from: UnicornFarts on November 16, 2014, 10:28:25 PM

But you need to decide why you are invested, if the reasons are the same. Stay.

Yep, this is Buffet's advice that's universally applicable to any asset. You can get out, but it's also hard to catch a rise, if and when it happens. Alts wouldn't be fun otherwise.

UnicornFarts

full member

Activity: 154

Merit: 100

Quote from: Hueristic on November 16, 2014, 10:22:47 PM

Quote from: ?? on ??

i am an idiot i am losing so much money on this

this is where the weak hands lose.

I wish I'd had weak hands after my vertcoin lost 50%.

It took balls to come back in. Monero isn't in the same boat as vert was. But you need to decide why you are invested, if the reasons are the same. Stay.

If it's changed get the hell out.

95% of altcoins will lose 90% of their value.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: ?? on ??

i am an idiot i am losing so much money on this

this is where the weak hands lose.

eizh

hero member

Activity: 560

Merit: 500

Quote from: smooth on November 16, 2014, 07:10:09 PM

Quote

Anybody seen bcx?

The account is still active. Has shown no interest in XMR. Maybe his FUD contract ran out?

Activity dropped drastically right after the last of his ever-moving deadlines for XMR's death. Perhaps he's embarrassed to show his face and switched to a new account? Tongue

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: ?? on ??

volume is low, do the dumpers run out of steam or are they holding back so they can take down the wall at 165200? daytrading seems impossible, gains are just to small with this tight trading range. seems to me that many shorters park some xmr between 17-20 to catch possible market orders to the upside. if a big player steps in, some of them sure start to panic. MACD divergence on 4h and 6h looks promising, do we move soon or is it just me ?

please share your opinion. Kiss

Quote from: rdnkjdi on November 16, 2014, 04:52:29 PM

I'd be surprised if 16 holds. At some point that guy is going to pull his wall.

If he's trying to artificially hold the price up he's going to realize he'll eventually get sold thru. If he's trying to accumulate he'll see he can get it cheaper.

Not sure how many btc RP has but my guess is he's going to lose his stomach if btc keeps falling.

I'm not brave enough to sell my XMR but I see nothing coming but a buyers market till btc turns around, inflation slows and we have a solid wallet.

My guess is it'll turn around fast and dramatically when it does. But it may be longer than people expect

Just my 02

The last 40 btc of that wall has just been eaten Undecided

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: rdnkjdi on November 16, 2014, 06:14:32 PM

Quote from: smooth on November 16, 2014, 06:12:00 PM

Quote from: rdnkjdi on November 16, 2014, 06:09:24 PM

To be honest I'm surprised monero hasn't overtaken darkcoin by now

Price did briefly before BCX fud and also before DRK announced its instant payment solution. Both coincided with a widening of the price spread in DRK's favor. Price parity would favor XMR in market cap since XMR has already nearly as many coins and higher inflation.

Yeah so you're saying eventual total supply * price overtook dark total supply * price?

No, just price. DRK has slightly higher target supply.

Quote

Anybody seen bcx?

The account is still active. Has shown no interest in XMR. Maybe his FUD contract ran out?

rdnkjdi

legendary

Activity: 1256

Merit: 1009

Quote from: smooth on November 16, 2014, 06:12:00 PM

Quote from: rdnkjdi on November 16, 2014, 06:09:24 PM

To be honest I'm surprised monero hasn't overtaken darkcoin by now

Price did briefly before BCX fud and also before DRK announced its instant payment solution. Both coincided with a widening of the price spread in DRK's favor. Price parity would favor XMR in market cap since XMR has already nearly as many coins and higher inflation.

Yeah so you're saying eventual total supply * price overtook dark total supply * price?

Anybody seen bcx?

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: rdnkjdi on November 16, 2014, 06:09:24 PM

To be honest I'm surprised monero hasn't overtaken darkcoin by now

Price did briefly before BCX fud and also before DRK announced its instant payment solution. Both coincided with a widening of the price spread in DRK's favor. Price parity would favor XMR in market cap since XMR has already nearly as many coins and higher inflation.

rdnkjdi

legendary

Activity: 1256

Merit: 1009

Quote from: smooth on November 16, 2014, 05:57:00 PM

Quote from: rdnkjdi on November 16, 2014, 04:52:29 PM

Not sure how many btc RP has but my guess is he's going to lose his stomach if btc keeps falling.

He said 3000 on trollbox

Interesting .. so about a million usd. Guess some of how secure he feels probably depends on other sources of revenue, btc reserves etc.

I think when whales feel insecure (btc falls) is when this coin falls. I actually like it. My overall amount in xmr might be worth less but I'm leveraged into owning a much larger percent than the whales who were in a 360 when they still felt secure in bitcoin. My weekly fiat leverages really well right now in comparison to longterm bitcoin hodlers.

I don't follow up to the minute tracking on bit coin prices but it seemed like it was 430 at some point and monero was almost back to 200.

I think a lot of it depends on crypto currency in general. To be honest I'm surprised monero hasn't overtaken darkcoin by now

nakaone

hero member

Activity: 742

Merit: 500

if you get your objectives clear (no chow chow short term as well as binary outcome) it is probably the best investment you can make this year.

I still give it more than 25% to become the dominant decentralized private ledger.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: rdnkjdi on November 16, 2014, 04:52:29 PM

Not sure how many btc RP has but my guess is he's going to lose his stomach if btc keeps falling.

He said 3000 on trollbox

nioc

legendary

Activity: 1624

Merit: 1008

Significant chunks were eaten from 1652 days ago and it didn't budge.

btc keep falling? Been gong up the last week and FWIW the sentiment is that it has turned around.

Hodling

rdnkjdi

legendary

Activity: 1256

Merit: 1009

I'd be surprised if 16 holds. At some point that guy is going to pull his wall.

If he's trying to artificially hold the price up he's going to realize he'll eventually get sold thru. If he's trying to accumulate he'll see he can get it cheaper.

Not sure how many btc RP has but my guess is he's going to lose his stomach if btc keeps falling.

I'm not brave enough to sell my XMR but I see nothing coming but a buyers market till btc turns around, inflation slows and we have a solid wallet.

My guess is it'll turn around fast and dramatically when it does. But it may be longer than people expect

Just my 02

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

For everyone trading on HitBtc, please be cautious:

http://www.reddit.com/r/BitcoinMarkets/comments/2m6rp7/hitbtc_about_to_go_mt_gox/

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

There was a misunderstanding.
It seems that at least changing the block time is still possible.

Sorry for the confusion.

Topic: [XMR] Monero Speculation - page 2118. (Read 3314316 times)