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Topic: [XMR] Monero Speculation - page 592. (Read 3314316 times)

sr. member
Activity: 331
Merit: 250
Blockchain Just Entered The Real World
September 01, 2017, 10:01:56 AM
30 minutes before the beginning of the bithumb's monero contest !!!
What? I remember on homepage Bithumb said Monero contest starting in "September 02, 2017 (Sat) 00:00 AM ~ September 03, 2017 (Sun) Midnight". Or am I wrong Huh

legendary
Activity: 2016
Merit: 1259
September 01, 2017, 10:01:35 AM
I bet a quick big dump at first and, just after, a huuuuge pump !!!

I thought the pump has finished, it is now consolidating.

Event starts now.
newbie
Activity: 57
Merit: 0
September 01, 2017, 10:00:16 AM
I bet a quick big dump at first and, just after, a huuuuge pump !!!

I thought the pump has finished, it is now consolidating.
legendary
Activity: 2016
Merit: 1259
September 01, 2017, 09:57:13 AM
BOOM

That was nice.  Let's see what's next.

Big wall @ 42...   Its like the old days, just 1 less zero  Cheesy
legendary
Activity: 981
Merit: 1005
No maps for these territories
September 01, 2017, 09:53:18 AM
BOOM
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 01, 2017, 09:43:06 AM
30 minutes before the beginning of the bithumb's monero contest !!!

U guys think it Will just take off like that?

The only safe bet is there will be an increase in volume today.

Personally, I am not sure what direction we go.  At least it will be interesting to watch.

Yup, that seems to be the consensus. Good time to be in the Monero-Markets channel. Wink


BTW for those of you that don't know JAXX wallet got hacked. Lol those guys are inept!
newbie
Activity: 37
Merit: 0
September 01, 2017, 09:43:03 AM
I bet a quick big dump at first and, just after, a huuuuge pump !!!
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
September 01, 2017, 09:39:37 AM
30 minutes before the beginning of the bithumb's monero contest !!!

U guys think it Will just take off like that?

The only safe bet is there will be an increase in volume today.

Personally, I am not sure what direction we go.  At least it will be interesting to watch.
sr. member
Activity: 362
Merit: 258
September 01, 2017, 09:35:38 AM
30 minutes before the beginning of the bithumb's monero contest !!!

U guys think it Will just take off like that?
newbie
Activity: 37
Merit: 0
September 01, 2017, 09:32:03 AM
30 minutes before the beginning of the bithumb's monero contest !!!
hero member
Activity: 870
Merit: 585
September 01, 2017, 09:03:10 AM
 I am happy, OTOH, to have higher morals - or at least enough respect for the difficulty and risk of the process to simulate higher morals.
Fake it 'til you make it. Grin
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 01, 2017, 08:58:59 AM
is it still worth to buy monero?

I buy a small amount every week no matter where the price is and haven't regretted it yet. Only wish I had been doing it sooner (as in before alphabay). Smiley

The next Alphabay will have a much, much larger impact on the fundamental value of XMR.  For one thing, it won't allow BTC or ZEC (insert image of Cazes hanging by his belt in a Bankok jail cell).  For another, it will grow faster and to a much larger size:. The pent-up demand will be enormous, and the fear factor involved in using BTC or ZEC won't be there to inhibit transactions.

But bootstrapping trust requires magic.  How long that will take, I do not know.  If it takes too long, a technical solution will emerge.

Question is will Multisig be available before then?


Well, we shall see Grin


Shh go away with your predictions you were already right last year  Tongue  I personally expect atleast one last cycle upwards with the correction after that.

I concur, the problem is figuring out  where that is going to happen!

Does anyone have the date and time the event is ended?
legendary
Activity: 2268
Merit: 1141
September 01, 2017, 08:20:04 AM
Surae Noether's (Monero Research Lab) End of August Update!

https://www.reddit.com/r/Monero/comments/6xajr6/suraes_end_of_august_update/
legendary
Activity: 2744
Merit: 1288
September 01, 2017, 08:00:27 AM
I think 100 XMR will be more then enough for something like that. Well it depends of your lifestyle, but with 5000 XMR you can retire by the end of a year.

way too optimistic, to buy 5000k XMR u will need 700k USD and it will probably not be trippled till end of the year.
5k USD to XMR will not allow you to retire this year as well, but probably next one or two for sure Wink

$2.1 million is more then enough for my retire. As i said i have no ideas of your standard. IF you need 10 cars getting filled with dust in your garage, then I guess you need more.
legendary
Activity: 910
Merit: 1000
September 01, 2017, 07:53:08 AM
Sell this shit.  Undecided
full member
Activity: 182
Merit: 100
September 01, 2017, 05:25:28 AM
I think 100 XMR will be more then enough for something like that. Well it depends of your lifestyle, but with 5000 XMR you can retire by the end of a year.

way too optimistic, to buy 5000k XMR u will need 700k USD and it will probably not be trippled till end of the year.
5k USD to XMR will not allow you to retire this year as well, but probably next one or two for sure Wink
legendary
Activity: 2744
Merit: 1288
September 01, 2017, 05:15:44 AM
Can someone help me understand how BTC price impacts XMR price? I am completely unaware of the correlation. Is a high price good or bad short term (for this weekend)?  Huh

Really hope to cash on the action this time as I didn't during the first event  Cheesy

Short term high BTC price is negative since people get scared BTC will suddenlly triple and sell their precious Monero for it. Long term is positive since Monero at $150 looks way cheaper when BTC is $10k then when is $1k.




For retirement, I'd like to put a few thousand in a structured product that pays out in fiat a fixed weight of gold and silver.

EG put in 5k XMR, get monthly fiat payments equal to 5oz au + 100oz ag.


I think 100 XMR will be more then enough for something like that. Well it depends of your lifestyle, but with 5000 XMR you can retire by the end of a year.
newbie
Activity: 21
Merit: 0
September 01, 2017, 04:53:55 AM
I wish I could watch how those whales proceed, just one time in my life. Sit in their office or bedroom or whatever place they use to trade and observe.
(I'd be happy to swim with real whales in the ocean too, but this is another story.)
newbie
Activity: 50
Merit: 0
September 01, 2017, 04:43:43 AM
this competition will 100% make XMR rise, who wants to win a prize when the value is less? The Koreans will push this mother up to double ATH

I hope you are right. Double the ATH means $400+

Not sure that can be achieved within 2 days, but strap in and lets see!
I think monero will rise again the price, especially now that many of the same interests of this coin, Smiley
hopefully it can price to the moon Cheesy

We shall see, I really cannot speculate any more compared to everyone else.

I find it awfully hard to believe that it will be pumped to $300-400 that would just be insane.

However we shall see its going to be interesting an hour before the event and once the event kicks off and this will be for 2 days straight.  So people need to sleep and relax so I have no idea whats going to happen.  Event starts at midnight for them, so not expecting much and more in their morning.
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