Author

Topic: [XMR] Monero Speculation - page 626. (Read 3314316 times)

full member
Activity: 210
Merit: 100
August 21, 2017, 07:51:23 PM
the best community , i cannot stop reading the pages and i cannot wait to catch up with everything about monero
member
Activity: 293
Merit: 15
August 21, 2017, 06:38:53 PM
Jeez, it was 010 a few days back, now it's 018X - and you're complaining?

Take pofits if you want to? Go ahead..

I wasn't complaining. I just speculated if people who hold Monero for long time sell in a pump like this and rebuy later or not.
legendary
Activity: 2968
Merit: 1198
August 21, 2017, 06:12:54 PM
I wonder if its true Monero was just used to launder some of the stolen Enigma funds and thats the reason for this pump, if it goes back to $50 over the next few days we'll know.

We had a XMR trading volume of 200 million USD today...Enigma funds are worth 0.4 million USD.
Some basic math... Roll Eyes

Once there is a big move that is going to attract a lot more trading. Though I agree that 0.4 million to 200 million is a large gap.
legendary
Activity: 2604
Merit: 1748
August 21, 2017, 06:03:11 PM
Jeez, it was 010 a few days back, now it's 018X - and you're complaining?

Take pofits if you want to? Go ahead..
full member
Activity: 227
Merit: 100
August 21, 2017, 05:14:02 PM
I would say this is NOT a good time to sell... a 50% +  gain overnight garners some major attention, which is what we need. And now, with another major release/hard fork coming soon, DNM adoption, BitThumb, etc... we have much more upside potential than downside.

Here's just an example of one of the stories I ran across today.

https://themerkle.com/monero-price-increases-by-50-due-to-bithumb-announcement-and-future-technology-improvements/
 
member
Activity: 70
Merit: 10
Coinhoarder
August 21, 2017, 05:01:20 PM
It was a nice ride today. Now it seem to go down steady... When will it stabilize do you guys think? Hopefully not before it go too far down the dump Tongue

I wonder how low it will go, too. I haven't sold anything today because Monero is one of the few coins I want to hold for a long time. Now I regret it a little bit that I don't sold, because it was conceivable that it goes down after this pump.

It could be worse... I did not even realize it pumped hard today and I had a good oppertunity to sell  Undecided Just recently checked my portfolio
member
Activity: 293
Merit: 15
August 21, 2017, 04:08:37 PM
It was a nice ride today. Now it seem to go down steady... When will it stabilize do you guys think? Hopefully not before it go too far down the dump Tongue

I wonder how low it will go, too. I haven't sold anything today because Monero is one of the few coins I want to hold for a long time. Now I regret it a little bit that I don't sold, because it was conceivable that it goes down after this pump.
member
Activity: 70
Merit: 10
Coinhoarder
August 21, 2017, 03:59:09 PM
It was a nice ride today. Now it seem to go down steady... When will it stabilize do you guys think? Hopefully not before it go too far down the dump Tongue
sr. member
Activity: 728
Merit: 263
August 21, 2017, 03:53:42 PM
man really crazy what XMR is doing today. I hope it goes up more

this coin in my biggest regret. ive sold 1000 xmr when it was 10 dollar in march. now it is 70 dollar. i think it will go to 100 dollars before september.
efx
sr. member
Activity: 378
Merit: 250
August 21, 2017, 03:27:08 PM
man really crazy what XMR is doing today. I hope it goes up more
hero member
Activity: 493
Merit: 551
August 21, 2017, 01:36:28 PM
I wonder if its true Monero was just used to launder some of the stolen Enigma funds and thats the reason for this pump, if it goes back to $50 over the next few days we'll know.

We had a XMR trading volume of 200 million USD today...Enigma funds are worth 0.4 million USD.
Some basic math... Roll Eyes
member
Activity: 100
Merit: 11
August 21, 2017, 01:32:07 PM
I wonder if its true Monero was just used to launder some of the stolen Enigma funds and thats the reason for this pump, if it goes back to $50 over the next few days we'll know.
sr. member
Activity: 243
Merit: 250
August 21, 2017, 01:27:55 PM

My guess would be a human bottleneck, not fees (though not knowing how to increase the fee level could also happen)

Could they be that incompetent? The help info in CLI tells you all you need to know.

"set priority 4" would be the correct command. Or 3 if the fees for 4 are too high.
legendary
Activity: 2968
Merit: 1198
August 21, 2017, 01:25:06 PM
Either the network is broken or polo is insolvent.

No coins have gotten out of there in around 4 hours. Wonder how that rush on their funds has affected them...

More likely their hot wallet is empty and needs to be refilled (but that doesn't rule out they could also be insolvent, I just have seen no real evidence of it)

The network is not broken, although there is a backlog of transactions.

Sure,
Smells like foul play either way. They can easily afford to up their transactions fees to get their hot wallet refilled though.

My guess would be a human bottleneck, not fees (though not knowing how to increase the fee level could also happen)
hero member
Activity: 493
Merit: 551
August 21, 2017, 01:10:44 PM
Just imagine if Monero got onto Coinbase.

When XMR is listed on Bithumb and has some nice volume I would be surprised if Coinbase and Huobi dont follow.
They will. Wink
sr. member
Activity: 546
Merit: 250
August 21, 2017, 12:55:42 PM
Wooooo https://www.coingecko.com/en/price_charts/monero/usd
Does it make sense for XMR to be priced at ~$200 around where DASH and ZCash is?
legendary
Activity: 2604
Merit: 1748
August 21, 2017, 12:47:16 PM
Nice data:
 
Well over a billion Market Cap - No.11 last time I looked, not where it should be but in the elite billion $ cap club.

Developments and news positive, too with Bithumb and tech proposals

And DNMs are still not back where they will be.  Yet. 

On Polo:

- top (but one) of gains % today of all coins on Polo.

- Only ETH has higher daily volume

- Buy and sell sides on Polo are roughly even, so not many are for sale compared to usual ratios.


I could have booked profits, but it seems irrational. I am hodling.
legendary
Activity: 2604
Merit: 1748
August 21, 2017, 12:36:06 PM
But i think it is way overpriced as it stands now.

Then with all due respect you're in the minority. Careful consideration of Monero's entire holistic fabric would indicate massive underpricement by a factor of almost ten.

A two-billion market cap is frankly pretty conservative. All of the social telemetry points to Monero being the third largest socio-industrial force in the cryptospace after only Bitcoin and Ethereum, and in some cases actually is on a parallel with Ethereum (IRC metrics for example.)

The speed and verocity of today's rise has all the hallmarks of an upward correction.

The question everyone's been asking is this: If Monero is a number three coin, when why is it's market cap so low? The answer is because the majority of the money currently flowing into the cryptospace stems from technophobic venture capitalists; people who want to go deep on Monero, but don't feel comfortable figuring out the CLI/GUI when they're currently making returns of 400%-800% on assets that they can use in conjunction with hardware wallets.

The moment that Monero is on a hardware wallet is the moment this conflict will cease and the real upward correction will come into being. Everybody knows this.

However, you can't have your cake and eat it. The issue for technophobic venture capitalists is how do they take advantage of the current low price while not being able to use hardware wallets. Unfortunately, that's something they're going to have to figure out for themselves, but the help is out there if they're willing to take the plunge.

Agreed on this and in particular the new range correction.   Luckily I had a few sells laddered up to 024, and was able to re-buy most of them in the 019s.

I just can't cash out...  Keep promising myself I will, but well, you know.... Monero.  It's just too good.

The best thing is it's always just after some trolls have stopped by.   Best indicator there is.
hero member
Activity: 714
Merit: 504
August 21, 2017, 12:15:47 PM
But i think it is way overpriced as it stands now.

Then with all due respect you're in the minority. Careful consideration of Monero's entire holistic fabric would indicate massive underpricement by a factor of almost ten.

A two-billion market cap is frankly pretty conservative. All of the social telemetry points to Monero being the third largest socio-industrial force in the cryptospace after only Bitcoin and Ethereum, and in some cases actually is on a parallel with Ethereum (IRC metrics for example.)

The speed and verocity of today's rise has all the hallmarks of an upward correction.

The question everyone's been asking is this: If Monero is a number three coin, when why is it's market cap so low? The answer is because the majority of the money currently flowing into the cryptospace stems from technophobic venture capitalists; people who want to go deep on Monero, but don't feel comfortable figuring out the CLI/GUI when they're currently making returns of 400%-800% on assets that they can use in conjunction with hardware wallets.

The moment that Monero is on a hardware wallet is the moment this conflict will cease and the real upward correction will come into being. Everybody knows this.

However, you can't have your cake and eat it. The issue for technophobic venture capitalists is how do they take advantage of the current low price while not being able to use hardware wallets. Unfortunately, that's something they're going to have to figure out for themselves, but the help is out there if they're willing to make the leap.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 21, 2017, 12:03:22 PM
I see what you did there.  Of course investing in XMR since it was 25c a pop means we are a little less intelligent and we just got lucky it rose over 2500% in 2016 and is set for massive DNM adoption, Soon™

I hope someone can help us with our inability to find the BEST COIN there is... Wink

Meh...  Who on earth wants financial privacy anyway?

TLDR?

Monero: Crouching tiger, hidden dragon.  Privacy is precious.

My chasing the dragon longing at 190 and all the way down finally paid off but it was real hairy especially when polo screwed me on the rates during the split. That cost me over 50%. But I'm happy I stuck it out. I did have to close it today though.


LOL, yeah and did you follow this prediction as well? Smiley

https://www.tradingview.com/chart/XMRBTC/1KFjXhr8-Monero-Kill-it-with-fire/

Boom!

Love to start the day with green candles....  Hello Monero, enjoyed your holiday?

Impressive week-end!
I'm curious now if this trend will continue or we'll see a correction, especially when America will wake up.
I wouldn't mind though to see it grow to 0.02 and beyond Smiley

I hope it levels here for awhile I still only hold a small amount. Smiley

I think we are at an ATH right now?

I particularly like the fact that it is moving without correlation to BTC and other cryptos, and rather based on the news for the project itself. For me it shows that it is not just an speculative asset, but rather, a project with strong fundamentals and insane potential.

As for the people here who bought at 25 cents, boy, I hate and envy you !!   Grin

Don't worry, alot of us were not able to be in for the massive spike. Money makes money and sometimes real life shit happens and if you have to temporally liquidate expecting to get back in sometimes the timing can fuk you over bad! Cheesy


Holy Jesus of God!  So what's the news?  I'm sure it's more than just because of it's technical merits.  Is XMR finally becoming the official cryptocurrency of the darknet?

IMO it is a direct response to that moron on prime time that says to hold XMR. Most his other choices are shit. Average Joe investor doesn't even know (or even care) what bloat or ring sigs are.

Jesus as soon as we hit some action it's impossible to keep up with this thread. Lol BBL

Looking nice again Br0's



Jump to: