Topic: [XMR] Monero Speculation - page 482. (Read 3314316 times)

So lets see you bought at 125 and it is now worth 120, that is 5 usd per coin lost. 5 times 5 is 25, so you are down $25. Do understand this is stressing you out so much that you have lost all trust in a coin you bought one day ago? And you need us to tell you what to do? So you want random internet people to tell you how to gamble your money when losing $25 is stressing you?

You my friend are heading to a coronary, I hope you don't eat bacon.

Edited: w0w I'm sorry it is "more than 5", does that mean less than 6?

I have more than 5 moneros stucked on my portfolio, i bought them all at $125 (0.015 btc a few days ago) and now the price of each one has dropped to $120 but the equivalent of bitcoin is 0.013 btc per monero.
I am losing a lot of money, i dont know what to do guys, should i sell now to cut that loss or just hold them for a while? i am not trying to get more USD value, i just want to have more bitcoins.
but this situation is stressing me a lot, i dont know what to do at the moment, i really trust in monero but maybe it is not a good moment to invest in altcoins.

Prayer Trolls of Moronero. How do you feel ? Do you like to be assraped by the price movements fueled by psychology? No ? Guess what coin will be pumped next and guess why Ripple... Sit still. Busstop at 0.02 checked. 0.024 not reached = weak market as community. 0.015 is beeing tested.



Hey Capslock you believer, do you still got those orders opened at 0.014? Or you moved to ~0.011 ? Remember to move down to 0.006 when 0.01 will not hold. Still waiting for noMoreacles? Hehehe...
I wont mention the retarded asshole . He probably is bubbling cause of loosing BTCs sitting at noMore.

FIAT lovers - when 120 usd does not hold prepare for 90 usd

Is it true?

Or is it FluffyGate!


Mined it and then sold them @280-300 Sats. It bought me a bunch of vid cards back then.


I made a thread in Meta for an option to block n00b accounts for these reasons and more.

I just figured that one out - due to the post above you.

Check his other posts - definitely a bot.

I think you are debating with a robot there - there seem to be a lot of weird newbie posts, containing randomness. They all have similar usernames, only post and don't reply

I dont think kovri is that far that anyone should give any estimations. If it will happen in 2018 I will be super happy.

Indeed - had a few way-back-when, too - but to be ranked alongside Doge and Feathercoin (unfavourably) is a little bit beyond the pale...

Why do people think we are just sitting here waiting to be told we are 'wrong' for being happy with our Monero?

OT: We're holding up rather well in terms of fiat price, in spite of BTC's (welcome) mooning.  Hope it stays that way.

EDIT: 5 minutes later BTC goes up to over 7700.  But XMR hangs on at $122 still... Eek!

Every Dodge has its day. Though we laughed at it and left it well alone there were times it went crazy and multiplied and we wondered.

Still that was very much in the past and the years haven't been kind.

Evidently they don't!  Seems it's not wankalone again, he mercifully has gone quiet - but why people insist on dropping by just to write a pile of drivel on this thread to no effect is beyond me.

I thought it was another walonek troll when I read "days on end." Do these guys even know where to sit when the music ends?

Wherein Fluffy Pony details his plans for Globee world domination:

https://moneromonitor.com/episodes/2017-11-16-Episode-015.html

An interesting listen/read. Very good prospects for Monero.

Since no one else is answering, I feel a little sorry for you.  I will rise to the bait.

I think you haven't been around long or you would realise some people are more interested in a long term increase in value.

These people do tend to be 'senior' members, since they have learned much over time in crypto and have done well from picking coins early that have become considered the cream of crypto and made HUGE returns, such as Monero. 

Mentioning Doge etc. in relation to Monero is really a bit silly.  I don't think you will find many people consider Doge to have been a good investment.

Good luck with your strategy of trading Doge, though - maybe one day you will have made enough you will be able to afford a decent position in a better investment.

  Estimates of this type typically suck.  It will likely be announced once it's live.  Prior to that, some sharp eyed github watcher will spill the beans, I imagine.

I wish they would tell us an estimated Kovri launch date though. But whatever, still a good coin.

I think it was starting to become very material the other day when BCH was sky rocketing and BTC was crashing. Luckily someone with a lot more money than Roger Ver stepped in and provided a floor. We seem to have staved off that specter for now.

But you know there is just an inherent issue with the idea of long term capital preservation in a largely arbitrary scheme that grows less adaptable with time while new competitors constantly become more and more advanced. What we were talking about before with bitcoin is sort of like a subset of this more general issue. Monero solved this. Which is great! We hard fork all the time and it's no sort of governance issue for us at all. It's routine. But we did trade the sort of governance risk that bitcoin faces, growing technologically obsolete while it remains in a state of governance gridlock, for our own unique kind. We opened ourselves up to the risk of bad leadership. Both of these arrangements are less than ideal for the long term multi decade multi generation capital preservation. I'm skeptical that the crypto sector has or will be able to produce a product to fill this particular market need.

But you know if what you speculated about gold is right maybe the real answer is to just buy a Van Gogh.

True dat.

Just wish they had picked a better name. Not too late to pivot to Xmrbits.

New P2P exchange - Bitcoin, Ethereum, and Monero:

https://www.ethbits.com

When you say "just like happened to bitcoin" I assume that "under the hypothetical scenario of vanishing exchange costs" is implied. I won't quibble over the relation between information and utility; your abstract suffices.

There won't be a vanishing cost XMR exchange unless XMR is modified specifically to allow it, with suitable scripting or some hard-coded facility, e.g. for lightning.  The technical fundamentals need to change in order to magnify the hazard you describe to the point where it is material to valuation. (That is a dead-reckoning estimate of a quantitative factor, and certainly would benefit from additional facts or logic.)



That is why the (centralized) governance risk of ZEC is so much higher than the (decentralized) governance risk of XMR.  The market prices that in, I think.  Much of the money in BTC is well aware of this factor.  However, prices are set at the margin, and it is also most of the reason for the 20% development tax on ZEC.  I don't think that factor is properly priced in to the marginal clearing price.  Eventually long-term holders will feel the pain of realizing that buying ZEC is effectively giving away 1/5 of their wealth, and reserve demand will suffer as a result.  If ZEC had trustworthy governance, I would have bought some as a  diversifier, but I just can't suffer a scam lightly.

It remains no less useful as a transaction medium, if you don't care about TLA surveillance, and don't hold it too long, but then the same could be said of Doge.