Topic: [XMR] Monero Speculation - page 235. (Read 3313084 times)
Something that then makes many people do not hesitate to invest in Monero. This is evidenced by a research data that Monero is in the top 10 as the most popular and most widely used crypto currency in the world. This fact makes Monero's prospects very promising.
I wonder if this is a bullish sign for Monero. 
https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/
https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/
The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow. It doesn't matter, however, it's bullish for Monero regardless.
I can't imagine being someone sitting on a pile of silk road bitcoins. That would terrify me. Anyone with any sense would be moving that into monero while they can still transfer them to an exchange at all.
I wonder if this is a bullish sign for Monero.
https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/
https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/
The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow. It doesn't matter, however, it's bullish for Monero regardless.
This obscene public spectacle with hunderds of people on r/bitcoin pouring over the forensic details of this transaction is a giant advertisement to anyone with two neurons that bitcoin is non-viable as a store of value and currency. This individual is one KYC leak away from the entire world knowing their net worth and identity. I hope they trust every single employee at Bitfinex, Binance, and Bitmex. Their life may depend on it. 1 billion in crypto is nation state level threat model.
Self-moderated thread for discussion of Monero trading and price speculation.
Off topic posts will be removed. Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.
Non-substantive comments such as Monero sucks, Monero is a scam, Monero is great, Monero to the moon, etc. are considered off topic. Every post and reply should add to the discussion. The preceding sentence forbids repetitive exchanges on the same topic without some topical context.
Hostile trolling (which includes but is not limited to use of "meme" pictures to attack or demean) especially by sock puppet accounts is not allowed.
When quoting posts, please remove any large charts or other images unless the quoted post is at least one page old. Please shrink (or remove) large images in replies in all cases.
When I am speaking as the moderator, and only then, I will write in red. Other messages using red text are not permitted.
People speculating on Monero may also be interested in the MoneroMarkets subreddit (unaffiliated)
Off topic posts will be removed. Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.
Non-substantive comments such as Monero sucks, Monero is a scam, Monero is great, Monero to the moon, etc. are considered off topic. Every post and reply should add to the discussion. The preceding sentence forbids repetitive exchanges on the same topic without some topical context.
Hostile trolling (which includes but is not limited to use of "meme" pictures to attack or demean) especially by sock puppet accounts is not allowed.
When quoting posts, please remove any large charts or other images unless the quoted post is at least one page old. Please shrink (or remove) large images in replies in all cases.
When I am speaking as the moderator, and only then, I will write in red. Other messages using red text are not permitted.
People speculating on Monero may also be interested in the MoneroMarkets subreddit (unaffiliated)
There's no much hype for this coin actually unlike the other coins that there's so much hype but in the end it was just a shitcoin . I really consider investing on this coin since it's aim is good and I know it will succeed in the future.
it seems that "emerging" countries with falling fiat currencies are now a good support for crypto markets:
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
"Crypto currencies are attractive to individuals in less developed economies for a few reasons:
Transaction costs are the same as gold. BTC's higher price volatility is offset by gold's higher conversion fees
Liquidity favors BTC
BTC only requires access to the internet
Easier to transport and hide $20,000 of BTC offsets gold's bulkiness"
this applies to Monero as well.
And I would definitely add independence from governments. We can see what they are doing to their people in Venezuela, Turkey, some of the African countries... People have lost value of years of work in just a few days.
That's exactly the reason we are meeting in here
yep. Talk about real value proposition eh?
it seems that "emerging" countries with falling fiat currencies are now a good support for crypto markets:
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
"Crypto currencies are attractive to individuals in less developed economies for a few reasons:
Transaction costs are the same as gold. BTC's higher price volatility is offset by gold's higher conversion fees
Liquidity favors BTC
BTC only requires access to the internet
Easier to transport and hide $20,000 of BTC offsets gold's bulkiness"
this applies to Monero as well.
And I would definitely add independence from governments. We can see what they are doing to their people in Venezuela, Turkey, some of the African countries... People have lost value of years of work in just a few days.
That's exactly the reason we are meeting in here
it seems that "emerging" countries with falling fiat currencies are now a good support for crypto markets:
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
"Crypto currencies are attractive to individuals in less developed economies for a few reasons:
Transaction costs are the same as gold. BTC's higher price volatility is offset by gold's higher conversion fees
Liquidity favors BTC
BTC only requires access to the internet
Easier to transport and hide $20,000 of BTC offsets gold's bulkiness"
this applies to Monero as well.
And I would definitely add independence from governments. We can see what they are doing to their people in Venezuela, Turkey, some of the African countries... People have lost value of years of work in just a few days.
True that. Have not diversified and I am glad
https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0Athis is an event in itself, bankers being prone to study cryptos comparatively.
in fact there is presently a powerful tide towards usd, returning from emerging markets.
however usd could be the next victim, being very fragile in itself.
present situation would favor cryptos, from their different comparative properties.
Yes, that could be good in the future, or make things worse with those banksters
it seems that "emerging" countries with falling fiat currencies are now a good support for crypto markets:
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
"Crypto currencies are attractive to individuals in less developed economies for a few reasons:
Transaction costs are the same as gold. BTC's higher price volatility is offset by gold's higher conversion fees
Liquidity favors BTC
BTC only requires access to the internet
Easier to transport and hide $20,000 of BTC offsets gold's bulkiness"
this applies to Monero as well.
True that. Have not diversified and I am glad
https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0Athis is an event in itself, bankers being prone to study cryptos comparatively.
in fact there is presently a powerful tide towards usd, returning from emerging markets.
however usd could be the next victim, being very fragile in itself.
present situation would favor cryptos, from their different comparative properties.
True that. Have not diversified and I am glad
https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A guys, i need some advice. i went full in on xmr with fiat in the early days. Should i diversify my xmr in some bitcoin? it does not look a good time to do that cause the xmr/btc ratio keeps dropping... but it looks that btc is falling a bit less hard in fiat value then xmr. Its just hard to believe at this moment we will see a new ATH in monero again in USD...
I am positive we will see it. To bad you had not decide this only few 3 months ago when price was 0.032. I would not want to give you advice's, but still I am not sure it is the best moment for this. But I suggest you to eventually do it. even if your bitcoins goes to zero you will still have your Monero.
i am following u and some other guys for quite a while now, always interested in what u guys are saying. U are right , i should have sold some int he 0.03 area just to have some bitcoin, or A bitcoin ... but i did not. I am a believer of monero for 3 years now but its my first big bear market i am really following closely. Because 18 months ago it was peanuts ( in usd value ) ... i am amazed of how sure u are and how much u believe in a new bull market. I cant help thinking that maybe we seen the top already ... even with this amazing comunity , the superiour tech ( that nobody seems to care about ) , the ledger support, the comming bulletproofs, kovri , and so much more , it looks like nobody is carring and if we would enter a bull market , maybe people will just buy more shitcoins
Only 10 days latter and you can get 15% more Bitcoin now then back then. I am not suggesting you to diversify now. But I am just showing you how bad timing would be to diversify back then. We will see 0.03 and way beyond in future. And as you see what happened in only 10 days you can imagine it might not take that long for that.
True that. Have not diversified and I am glad
guys, i need some advice. i went full in on xmr with fiat in the early days. Should i diversify my xmr in some bitcoin? it does not look a good time to do that cause the xmr/btc ratio keeps dropping... but it looks that btc is falling a bit less hard in fiat value then xmr. Its just hard to believe at this moment we will see a new ATH in monero again in USD...
I am positive we will see it. To bad you had not decide this only few 3 months ago when price was 0.032. I would not want to give you advice's, but still I am not sure it is the best moment for this. But I suggest you to eventually do it. even if your bitcoins goes to zero you will still have your Monero.
i am following u and some other guys for quite a while now, always interested in what u guys are saying. U are right , i should have sold some int he 0.03 area just to have some bitcoin, or A bitcoin ... but i did not. I am a believer of monero for 3 years now but its my first big bear market i am really following closely. Because 18 months ago it was peanuts ( in usd value ) ... i am amazed of how sure u are and how much u believe in a new bull market. I cant help thinking that maybe we seen the top already ... even with this amazing comunity , the superiour tech ( that nobody seems to care about ) , the ledger support, the comming bulletproofs, kovri , and so much more , it looks like nobody is carring and if we would enter a bull market , maybe people will just buy more shitcoins
Only 10 days latter and you can get 15% more Bitcoin now then back then. I am not suggesting you to diversify now. But I am just showing you how bad timing would be to diversify back then. We will see 0.03 and way beyond in future. And as you see what happened in only 10 days you can imagine it might not take that long for that.
xmr going up?
no more cheap xmr to buy anymore!?
no more cheap xmr to buy anymore!?
I should have bought M0ar instead of dropping it on the poker table last night.
I think that's what you say every time you buy more!
What's up with our rise? Random? Related to that PDF?
Whales are full?
Intentional suppression is over?
Setting up another social attack to shake confidence?
Who knows when those that print their own money are involved.
You know they are not just coming after bitcoin.
Lehmanm Brothers and Sisters buying the dip
xmr going up?
no more cheap xmr to buy anymore!?
no more cheap xmr to buy anymore!?
I should have bought M0ar instead of dropping it on the poker table last night.
I think that's what you say every time you buy more!
What's up with our rise? Random? Related to that PDF?
Whales are full?
Intentional suppression is over?
Setting up another social attack to shake confidence?
Who knows when those that print their own money are involved.
You know they are not just coming after bitcoin.
xmr going up?
no more cheap xmr to buy anymore!?
no more cheap xmr to buy anymore!?
I should have bought M0ar instead of dropping it on the poker table last night.
I think that's what you say every time you buy more!
What's up with our rise? Random? Related to that PDF?
Nah, it was always coming. It is about time...
Yes, it looks like we had a (local) double bottom in the past few days around the 0.13 level.
But of course if Bitcoin is mirroring 2014 / 2015 (as it may be) and decides to dip much further - it's tough to predict what all the alts will do. My sentiment agrees with yours; that is that in XMR/BTC I think we are unlikely to go lower, in fact I think a little upside is now on the cards.
I think a spike up is due from now /late August into Sept. Mainly because this time of year has 'history' for Monero.
A really big rise in XMR/USD will need Bitcoin to end its bear market. I hope this will not need to wait until the next halving, but who knows....
But of course if Bitcoin is mirroring 2014 / 2015 (as it may be) and decides to dip much further - it's tough to predict what all the alts will do. My sentiment agrees with yours; that is that in XMR/BTC I think we are unlikely to go lower, in fact I think a little upside is now on the cards.
I think a spike up is due from now /late August into Sept. Mainly because this time of year has 'history' for Monero.
A really big rise in XMR/USD will need Bitcoin to end its bear market. I hope this will not need to wait until the next halving, but who knows....
xmr going up?
no more cheap xmr to buy anymore!?
no more cheap xmr to buy anymore!?
I should have bought M0ar instead of dropping it on the poker table last night.
I think that's what you say every time you buy more!
What's up with our rise? Random? Related to that PDF?
xmr going up?
no more cheap xmr to buy anymore!?
no more cheap xmr to buy anymore!?
I should have bought M0ar instead of dropping it on the poker table last night.
Muuuuaaaahhhhhaaaaahhhhhaaaaaa
xmr going up?
no more cheap xmr to buy anymore!?
no more cheap xmr to buy anymore!?
I should have bought M0ar instead of dropping it on the poker table last night.
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