Author

Topic: [XMR] Monero Speculation - page 235. (Read 3314350 times)

legendary
Activity: 2604
Merit: 1748
September 03, 2018, 06:51:49 AM
We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

Not much. 

Prediction is 12% down today, wipe out in a year (under $2). Let's see if it's right today.  It might get lucky - but frankly it looks utter nonsense to me.

In summary:  a waste of a click.
newbie
Activity: 23
Merit: 0
September 03, 2018, 05:34:25 AM
We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?
member
Activity: 322
Merit: 10
Ether Addict
September 03, 2018, 01:04:25 AM
ill post it simply

1) Facebook are in trouble with privacy

2) Monero is a privacy coin

3) People want more privacy these days6)

4) They will flock to privacy coins down the track

5) Buy the dips here, and sell the rips

6) you will win.


full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 03, 2018, 12:33:17 AM

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.

Should have used Monero in the first place, then nobody would watch them transfering their coins  Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 03, 2018, 12:27:33 AM
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)

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.

Then go for it and welcome in the community  Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 03, 2018, 12:26:44 AM
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

"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  Grin

yep. Talk about real value proposition eh?

Jopidopi, we will see how this evolves  Grin
sr. member
Activity: 518
Merit: 250
September 02, 2018, 11:48:02 PM
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.
legendary
Activity: 1722
Merit: 1217
September 02, 2018, 07:49:55 PM

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.
jr. member
Activity: 45
Merit: 36
September 02, 2018, 07:25:32 PM

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.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
1DC
full member
Activity: 448
Merit: 100
September 02, 2018, 03:47:07 PM
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)

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.
sr. member
Activity: 522
Merit: 266
September 02, 2018, 03:43:06 PM
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

"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  Grin

yep. Talk about real value proposition eh?
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 02, 2018, 07:13:06 AM
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

"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  Grin
sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
September 02, 2018, 06:58:51 AM
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

"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.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 02, 2018, 05:33:28 AM

this 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 Grin
newbie
Activity: 54
Merit: 0
September 02, 2018, 03:30:57 AM
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

"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.
hero member
Activity: 1928
Merit: 538
September 01, 2018, 11:22:43 PM

this 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.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
sr. member
Activity: 362
Merit: 258
September 01, 2018, 06:47:26 AM
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 Sad

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
legendary
Activity: 2744
Merit: 1288
September 01, 2018, 06:45:35 AM
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 Sad

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.
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