With all those altcoins out there, it is quite amazing how little competition the Monero project (2014) has today. Network effect is real.
https://twitter.com/JEhrenhofer/status/1332552672185098240
Topic: [XMR] Monero Speculation - page 64. (Read 3314316 times)
In case you were wondering why that other "privacy" coin is listed on Gemini or Coinbase.
With all those altcoins out there, it is quite amazing how little competition the Monero project (2014) has today. Network effect is real.
https://twitter.com/JEhrenhofer/status/1332552672185098240
With all those altcoins out there, it is quite amazing how little competition the Monero project (2014) has today. Network effect is real.
https://twitter.com/JEhrenhofer/status/1332552672185098240
USA Bitcoin fud hits. And Monero holds up fairly well.
What 'news'?
https://twitter.com/brian_armstrong/status/1331744884856741888
https://threadreaderapp.com/thread/1331744884856741888.html
Quote
1/n Last week we heard rumors that the U.S. Treasury and Secretary Mnuchin were planning to rush out some new regulation regarding self-hosted crypto wallets before the end of his term. I'm concerned that this would have unintended side effects, and wanted to share those concerns.
Oh that. Any excuse will do, when the dip is due.
nice observation the other day 
I'm still remaining cautious...….
I'm still remaining cautious...….
Thanks you are too kind, appreciated the positive words before too. *nod*
Here I decided to got my face out of BTC relative charts and look at the true dollar value.
Its a bit sloppy but you get the gist, its been up up up on the dailies right back to about the 26 level.
RSI looks to be rising to the good zone. There is volume and green candles.
The resistance has been combining over time.
Its a lot to break through now but it feels really positive to me.
Your welcome. It's strange looking at ALT/USD charts, I rarely do, but clearly I need to pay a little more attention. My general theory is that soon enough altcoin dominance will rise, but that against USD they will go sideways, even correct a little. This is based on the BTC top coming in soon enough, followed by diversification when Bitcoin pulls back. The general theory that altcoins will pull-back less than Bitcoin, thus gaining dominance, as opposed to actually gaining USD value. Hope that vaguely makes sense...
The other way around is Bitcoin consolidating as opposed to dumping, with Altcoins them pumping in both BTC and USD value, but somehow I find this less likely now Bitcoin is at a near 2x in the past 6 weeks ish. But then again, we did see $5K to $10K with "not much" or a pull-back either (like 20%, very briefly), so I guess I should remain more open minded. To me the altcoin dominance bounce signals Bitcoin due to pull-back basically, as opposed to altcoins about to moon moon moon against the dirty dollar.
That´s more or less what i am saying the whole time. XMR is very stable in FIAT terms, even gaining and it is a pretty simple calculation against BTC to guess, with some RSI and FIBO charts, were it will land
USA Bitcoin fud hits. And Monero holds up fairly well.
What 'news'?
https://twitter.com/brian_armstrong/status/1331744884856741888
https://threadreaderapp.com/thread/1331744884856741888.html
Quote
1/n Last week we heard rumors that the U.S. Treasury and Secretary Mnuchin were planning to rush out some new regulation regarding self-hosted crypto wallets before the end of his term. I'm concerned that this would have unintended side effects, and wanted to share those concerns.
USA Bitcoin fud hits. And Monero holds up fairly well.
What 'news'?
USA Bitcoin fud hits. And Monero holds up fairly well.
nice observation the other day
I'm still remaining cautious...….
I'm still remaining cautious...….
Thanks you are too kind, appreciated the positive words before too. *nod*
Here I decided to got my face out of BTC relative charts and look at the true dollar value.
Its a bit sloppy but you get the gist, its been up up up on the dailies right back to about the 26 level.
RSI looks to be rising to the good zone. There is volume and green candles.
The resistance has been combining over time.
Its a lot to break through now but it feels really positive to me.
Your welcome. It's strange looking at ALT/USD charts, I rarely do, but clearly I need to pay a little more attention. My general theory is that soon enough altcoin dominance will rise, but that against USD they will go sideways, even correct a little. This is based on the BTC top coming in soon enough, followed by diversification when Bitcoin pulls back. The general theory that altcoins will pull-back less than Bitcoin, thus gaining dominance, as opposed to actually gaining USD value. Hope that vaguely makes sense...
The other way around is Bitcoin consolidating as opposed to dumping, with Altcoins them pumping in both BTC and USD value, but somehow I find this less likely now Bitcoin is at a near 2x in the past 6 weeks ish. But then again, we did see $5K to $10K with "not much" or a pull-back either (like 20%, very briefly), so I guess I should remain more open minded. To me the altcoin dominance bounce signals Bitcoin due to pull-back basically, as opposed to altcoins about to moon moon moon against the dirty dollar.
nice observation the other day
I'm still remaining cautious...….
I'm still remaining cautious...….
Thanks you are too kind, appreciated the positive words before too. *nod*
Here I decided to got my face out of BTC relative charts and look at the true dollar value.
Its a bit sloppy but you get the gist, its been up up up on the dailies right back to about the 26 level.
RSI looks to be rising to the good zone. There is volume and green candles.
The resistance has been combining over time.
Its a lot to break through now but it feels really positive to me.
This video, after all these years, it almost makes me cry
https://www.youtube.com/watch?v=Ouo7Q6Cf_yc
https://www.youtube.com/watch?v=Ouo7Q6Cf_yc
I thought it was going to be the huge dump at the bottom video, or an early AP
This video, after all these years, it almost makes me cry
https://www.youtube.com/watch?v=Ouo7Q6Cf_yc
https://www.youtube.com/watch?v=Ouo7Q6Cf_yc
It made me yawn.
This video, after all these years, it almost makes me cry
https://www.youtube.com/watch?v=Ouo7Q6Cf_yc
https://www.youtube.com/watch?v=Ouo7Q6Cf_yc
^ Monero does not have halvings like Bitcoin and its copy cats. Each new block has a little bit less reward instead, until we go into 0.6 xmr/block tail emission in about 500 days.
Oh nice! Thanks for sharing, didn't even know that. It's probably something I should be aware of
I only really care about the fundamental privacy aspect and utility of XMR though, rather than the inflation rate to be honest. I wonder if it will be anything like the Litecoin halving when LTC when on it's own solo moon shot. 
I have no ideas what happens this morning. Price went up to 0.0077 and then in 4 hours time down to 0.0066. Someone try to manipulate price? Or is just someone that got rich recently trading. Or there is a big bunch of dumb rich just started trading.
From a fib retracement perspective (regardless of how you look at it) - it looks bad. Falling through the volume point of control isn't a good sign either.
If the Week closes below the 0.236 "last line in the sand" retracement level, then I'd be expecting lower lows personally
This being a speculation thread that sounds like a lovely buy the dip oppoertunity.
Anywhere here or bellow must be tempting in those bitcoins. OK its (BTC) on a run for now. But patience.
There will be an back flow, all those reds like that chart even look quite sus/but of course its not the price its the bitcoin value.
To come back around to this point, nice observation the other day
I'm still remaining cautious, not interested into anything too speculative right now that's already pumped enough, but eyeing up the pull-back for sure. A re-test of the VPVR point of control and 0.236 fib retracement is definiately an opportunity that would be worth taking now. Hopefully the Weekly candle wicks back down to give us another buying opportunity
I already threw the rest of my trading account into Ether anyway near the lows, the rest of the BTC is on a stop loss, will probably trade XMR/ETH if it's worthwhile...
^ Check the hourly chart. It's the sell downs that really make up most of the spike in volume. Wtf are these guys doing? It almost feels like they're keeping the price from going up on purpose.
Volume is up again, remember what happened last time that happened.
LOL. I mean really. LOL.
It'd be fun, I would have no issues. Other than maybe what pronoun to use...
His/her new girlfriend/husband/auapir seems pretty cute.
^ What 'retracement'? You're looking at it wrong. You can't use XMR/BTC to gauge if it's doing well at the market. Use XMR/USD. But yeah I get it. XMR is the laggard compared to most everything else.. Which is fine imo. We really want it to not be in the center of attention with the possible delisting going on. We need it to ease its way up there and then it would be too late for them. Just like what BTC did.
Edit: And I wouldn't fault you for selling XMR to buy BTC.
Edit: And I wouldn't fault you for selling XMR to buy BTC.
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