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Topic: [XMR] Monero Speculation - page 2119. (Read 3313076 times)

legendary
Activity: 1092
Merit: 1000
November 17, 2014, 02:47:00 AM
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.
hero member
Activity: 560
Merit: 500
November 17, 2014, 12:27:51 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.
legendary
Activity: 1256
Merit: 1009
November 17, 2014, 12:02:49 AM
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.
hero member
Activity: 560
Merit: 500
November 16, 2014, 11:16:25 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.
full member
Activity: 154
Merit: 100
November 16, 2014, 10:28:25 PM
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. 
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
November 16, 2014, 10:22:47 PM
i am an idiot i am losing so much money on this

this is where the weak hands lose.
hero member
Activity: 560
Merit: 500
November 16, 2014, 10:16:46 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
legendary
Activity: 1624
Merit: 1008
November 16, 2014, 10:07:59 PM
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

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
legendary
Activity: 2968
Merit: 1198
November 16, 2014, 07:10:09 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?

legendary
Activity: 1256
Merit: 1009
November 16, 2014, 06:14:32 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? 
legendary
Activity: 2968
Merit: 1198
November 16, 2014, 06:12:00 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.



legendary
Activity: 1256
Merit: 1009
November 16, 2014, 06:09:24 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
hero member
Activity: 742
Merit: 500
November 16, 2014, 05:57:24 PM
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.

legendary
Activity: 2968
Merit: 1198
November 16, 2014, 05:57:00 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
legendary
Activity: 1624
Merit: 1008
November 16, 2014, 05:54:01 PM
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
legendary
Activity: 1256
Merit: 1009
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
legendary
Activity: 2268
Merit: 1141
November 15, 2014, 05:02:01 PM
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
November 14, 2014, 08:29:52 PM
There was a misunderstanding.
It seems that at least changing the block time is still possible.

Sorry for the confusion.
legendary
Activity: 1256
Merit: 1009
November 14, 2014, 07:31:34 PM
Lol I own XMR but watching people say "this is the bottom" all the way from 1k on bitcoin makes me chuckle when I see this.

Another whale exits, inflation continues and bitcoin drops to 290 and it could easily half again.
EFS
staff
Activity: 3822
Merit: 2123
Crypto Swap Exchange
November 14, 2014, 07:22:16 PM
It's already in bottom. We can only go up!
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