I don't get the recent FUD. I mean that literally, not as in "spam" as it has also come to mean.
Monero just put out a major release, there's a new android wallet with more on the way, m/n multisig is in the works, hardware wallets are in the works, Kovri is in the works, it keeps getting added to exhchanges, hash rate is increasing, redditt subscribers are increasing, more people are realizing that BTC isn't private and they're seeing the need for privacy...I'm sure I missed other metrics and events.
China has made news plenty of times before. The news is almost always worse than what actually plays out. And many other coins are simply overvalued so they need to come down. Most of them don't do anything or add value that isn't present in other coins, and/or their tech is terrible. I don't put BTC or XMR in that group. I still see them as undervalued, especially XMR.
But if the price goes down, thoughts on where the bottom might be would be nice so we can grab more before it goes back up.
Topic: [XMR] Monero Speculation - page 571. (Read 3314316 times)
Certainly who owns Chinese projects coins like "NEO" will not be excited lately. Then I did not say that it will be the end of the world, surely I think it is an unexplored market, and I think all the hypotheses that we make will be exact or wrong only when they will happen. For the rest, I think the Monero have more gear than others. But no one can be certain that the benefit of anonymity is not a disadvantage in the future. As far as the current one, it is to be said that the cryptos are currently playing alone ... without legislation it is easy to climb suddenly. I hope that the ETFs will arrive at once and hope that important countries will begin to regulate the cryptovalutes with intelligence without getting hurt.
So...tenas monero
I agree with a lot of that. I don't particularly want anonymity. I would rather have transparency and proper regulation, and many would agree, especially in the interests of security.
The main question is of trust in the various regulators and competing financial system actors.
The people who predict an 80% correction are funny. You can't take something that happened in the past, and say "see, it'll happen again!". The public's awareness of cryptocurrency is 50 times higher than what it was back then. Corrections will not be as deep as they were in the past, simply because there are many waiting on the sidelines to buy in. And when they fail to get their target buy points, the price will move up to new highs on FOMO.
As an interesting side note, I follow some non-crypto trading communities, and the number of never crypto types who are changing their minds is growing by the day. It's incredible to observe.
As an interesting side note, I follow some non-crypto trading communities, and the number of never crypto types who are changing their minds is growing by the day. It's incredible to observe.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
Aminorex / Rangedriver any thoughts on this chat?
Idiotic talk, we haven't even hit bubble stage if you check a chart in log scale. Wall Street money is coming, an etf will happen in 6 months... anyone who doesn't want to be watched will move to XMR
Certainly who owns Chinese projects coins like "NEO" will not be excited lately. Then I did not say that it will be the end of the world, surely I think it is an unexplored market, and I think all the hypotheses that we make will be exact or wrong only when they will happen. For the rest, I think the Monero have more gear than others. But no one can be certain that the benefit of anonymity is not a disadvantage in the future. As far as the current one, it is to be said that the cryptos are currently playing alone ... without legislation it is easy to climb suddenly. I hope that the ETFs will arrive at once and hope that important countries will begin to regulate the cryptovalutes with intelligence without getting hurt.
So...tenas monero
...and the only certainty so far is that Tether in dumps and pumps will always be at $ 1
So, we just added Bithumb which is huge and all it would take is for Coinbase to finally add it, then we would have a very easy on ramp for hundreds of millions of dollars to enter Monero, which would drive the marketcap to another level altogether. It would make sense that they would add it sometime after the "protocol update" otherwise known as a non-contentious hard fork, takes hold and the new GUI and mobile wallets are out and have proven themselves.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
Aminorex / Rangedriver any thoughts on this chat?
Idiotic talk, we haven't even hit bubble stage if you check a chart in log scale. Wall Street money is coming, an etf will happen in 6 months... anyone who doesn't want to be watched will move to XMR
$1000.00 USD XMR by 2019 possible?
Of course it is 'possible'. Many here have seen Monero they bought a couple of years ago increase to 400 times what they paid. To go up less than 10 times what it is now over a 2 year timescale is not at all out of the question.
"I have been holding some Monero for some time, but i am a bit pessimistic about the future of this coin, especially
after the closure of the dark web marketplaces, i just can't see it taking off again."
after the closure of the dark web marketplaces, i just can't see it taking off again."
"Really? I am afraid I don't think you are going to find very many in agreement with you here"
"I have been holding some Monero for some time, but i am a bit pessimistic about the future of this coin, especially
after the closure of the dark web marketplaces, i just can't see it taking off again."
after the closure of the dark web marketplaces, i just can't see it taking off again."
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
I think you're wrong.
When the SEC denied the ETF and Bitcoin didn't have a bear market I realised things were different.
We will not see that kind of decline again IMO.
Crypto has passed the point of no return.
For Bitcoin to reach the same market cap as Gold, the required price is $500,000. Crypto Mcap less than 1 Trillion USD is baby period.
"but what is certain is there is going to be a fall sometime in the next few months, and a very big one." - wonderful that you can predict the future with 100% accuracy.
Well, yes I can, using generalities. Did it before. There will be a big correction.
I do hope there won't , but I think that is unrealistic.
Remember that this is only about general averages. There will be relative winners, as well as 95% losses.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
Aminorex / Rangedriver any thoughts on this chat?
Idiotic talk, we haven't even hit bubble stage if you check a chart in log scale. Wall Street money is coming, an etf will happen in 6 months... anyone who doesn't want to be watched will move to XMR
$1000.00 USD XMR by 2019 possible?
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
I think you're wrong.
When the SEC denied the ETF and Bitcoin didn't have a bear market I realised things were different.
We will not see that kind of decline again IMO.
Crypto has passed the point of no return.
For Bitcoin to reach the same market cap as Gold, the required price is $500,000. Crypto Mcap less than 1 Trillion USD is baby period.
"but what is certain is there is going to be a fall sometime in the next few months, and a very big one." - wonderful that you can predict the future with 100% accuracy.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
Aminorex / Rangedriver any thoughts on this chat?
Idiotic talk, we haven't even hit bubble stage if you check a chart in log scale. Wall Street money is coming, an etf will happen in 6 months... anyone who doesn't want to be watched will move to XMR
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
Aminorex / Rangedriver any thoughts on this chat?
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
You said that right. Price of Cryptos, not price of Bitcoin. I doubt BTC will go under $1000 but whole Crypto market cap can get on 20% from ATH. BTC was simply undervalued a year ago.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
how to move around this time? keep hold? sell in part? sell off and buy back soon?
Your choice. Depends how much risk you want to take. Impossible to make precise timing predictions, but what is certain is there is going to be a fall sometime in the next few months, and a very big one.
I'll try to wait in the next few weeks to see if there's going to be an improvement, and I'll take a share of the gain ... the other part I'll risk it, I'm sorry I did not do it when we entered bithumb. To date I got 7 times the initial investment, I can think of taking a share. The only strategy was to always hold hold hold and believe in monero.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
how to move around this time? keep hold? sell in part? sell off and buy back soon?
Your choice. Depends how much risk you want to take. Impossible to make precise timing predictions, but what is certain is there is going to be a fall sometime in the next few months, and a very big one.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
how to move around this time? keep hold? sell in part? sell off and buy back soon?
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
The correction in price is overdue now. China and regulation is only the trigger. There will be more.
Prices of cryptos can fall by 80% in the next year or so, but it is just a natural cycle.It has happened before.
I'm afraid that now China, and after some other State, will begin to regulate cryptovalues. Obviously they will not do anything for the benefit of the people but all for the benefit of them, the State. They now have no control over anything ... surely there will be some state that will hurt and some State less but with taxes on taxes ... they will certainly not make crypto life easy. I just hope they let breathe the market for other few month before start tilting at windmills... which might lead to breaking legs to speculation or anyway the growth as we know it today.
Do you think the targets of 500 and 1000 dollar are somewhere sustainable in the future? Like in a few months/years maybe?
No. It is impossible. We've seen the high, all we can do is sell as much as possible, as high as possible. The coin is dead, nobody's working on it anymore. There is not even a GUI for the latest release. Too bad, it was such a great idea.
OK. The non-sarcastic answer: No, I doubt those levels will be sustainable for long. Likely to be blown through and never revisited, within months/years.
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