Topic: [XMR] Monero Speculation - page 520. (Read 3314316 times)

haha im in the same boat. i plan to sell with profit tho. as you said lending costs almost nothing.

I opened my long in Sept. Bad choice obviously

I'm not too sure it's a good idea to open positions at this time, with the upcoming bitcoin forks. At least my plan is to be with all bitcoin, dump both forks and buy back my alts, hopefully before they recover.

Maybe, I do think a little effort went into that particular pseudonym, guys like that like inside jokes.

I speculate that my long will take another month before I can close at a break even. At least the lending rate has come down.

Also I tried to open another position and then cancel it on polo to lower my rate to the current market rate and that did not work.

I think the same, just inflame the popularity and the value itself will go up, just now how to do? I hope to someone get the perfect idea.

Perhaps that, and Nicolas Bourbaki.

Considering BitMonero's founder was outed and this project was taken over by community members I don't think so.



I've always thought Saberhagen was a tip of the hat to one of my favorite reads.

https://en.wikipedia.org/wiki/Berserker_%28Saberhagen%29

I don't know how depressed the market will be.  I don't know if ETH will save itself with a technical hail Mary, or by delaying the fork - or even experience a catastrophic failure (not likely, that).  We might just be seeing a healthy retrace in the broad sector, which will reverse on good sector news of some sort, for all I know.  Independent Catalonia could adopt Bitcoin as hard money. The next ICO could be so compelling that Soros goes all-in.  Predictions are hard, especially ones about the future.

What I do know with empirical certainty is that XMR is selling for half of what I sold it for on the last spike, so it feels plenty cheap to me.  

What I do know by force of market logic is that DNM demand will eventually (certainly less than a year, maybe less than 6 months) force a massive repricing.  I want to be holding big bags at that time.

After that... well I am still waiting for the demographic multiple slide to kick in.  It is late already.  When that happens we should see capital flight demand ramp up, and the biggest Monero bubble of all. The economic world around us will look pretty bad then.  Clearly it is not yet time, but it remains inevitable: Unless human immortality arrives to save the boomers, or robots create a new demand source, we are looking at a hard bottom in u.s. equities in 2024-2025, with SPX P/E in the 4-6 range.

Historical comparables to the coming secular bear are: 1965-1982, 17 years; 1915-1921, 6 years. (The 1929-1932 bear was not a generational one, so it is not comparable. It was more like the 2007-2009 crisis, leverage and policy driven. WW2 masked a secular bottom with total war, so that one is inadmissible.) We only have 7-8 years left before the bottom, so it should turn soon-ish, but central banks pumping cocaine into the veins of the economy could push the bull out to 2020, for all I know.  It will just make the crash more brutal in the end.

I probably won't live to see the next generational top after that, unless quantum immortality is a thing, or a friendly AGI appears.

Folks are jaded, skeptical, fatigued by hype, and have no vision.  So fatigued that their hands weaken.  BTC ramp will retrace, and everyone is on edge, ready to dump on weakness, chasing the falling knife. A bubble pop in BTC will devalue all crypto.  This BTC ramp was mostly due to ETH demand, as the fiat on ramp is still wider for BTC.  Now, ETH has hard fork drama which could be catastrophic, so everything built on ETH suddenly looks super risky.  That could pop the bubble.  

DNMs don't care what the price is, just that the tech works to transmit wealth.  They will be just as happy to use $0.25 Monero as $2500 Monero.  In fact it is more appealling to adopt Monero if you can front-run the market, because you know about your DNM in advance.  Anyhow the skeptical market we have now, pulling back from the ICO bubble, won't become a bull until monetary demand starts to make itself felt more seriously.  Until then, the floor of support for XMR is the miner break-even.  Some capitulation sales may push us below that briefly, but it will hold in the main...so more browser mining would be nice.

You think a slow bleed under 80?

This is just as @Aminorex predicted. A rise of next gen DNM that only accept / recommend XMR. It's exciting. Though, as of yet, the market completely fails to react to these news items.

XMR was first offered by it's first miner. That was a kind of ICO.  Today "ICO" is understood to mean what old timers used to call a "pre-mine scam", crypto which lacks "fair distribution" - but then it was deemed a monetary instrument, owned as commons, a public good, while ICO tokens now are more like equity shares, a capitalization tool, a private good.

As regards price, I would say most Monero speculators are all-in at this point, and the reversal comes after bulls capitulate, and supply becomes constrained.  Whoever buys then will see the best gains which it is possible to obtain at this point in time.  Personally I am buying slowly as I don't know when next it takes off, although I hazard to guess that multisig (rumor or news) could be a catalyst. Below USD 80 I will speed up my accumulation.

Nothing to elaborate, Monero was launched ages before the whole ICO shenanigans.

But Monero did not have an ICO did they? Sorry, now I am really confused. Anybody mind elaborating a bit on this for me?     



Following the pattern of the last two pumps, I am guessing that we will probably hit about 210 dollars next time Monero pumps; and that pump will probably come pretty randomly.   

 I think now is the good moment to invest in monero and hold about 3-5 mount.

in the end monero never let me down but man i dont get the price movement at the moment 

I don’t know for sure that it will be on the top 3, but I do know for sure that it will be on the top 10 (and likely the top 5 at some point) in the foreseeable future. There will always be a need for an anonymous coin, by both legitimate people looking for privacy and criminals.

my thought will be easily to 200 $

Libertas darknet website need some month to build trust and pump MONERO price...