Topic: [XMR] Monero Speculation - page 68. (Read 3314316 times)

Well, that was my anticipation 

Nothing you have ever said or predicted has ever upset me in the slightest.  This is what this thread is for in fact.  I appreciate your input.

Was thinking the other day that price needs to bounce back to stand a chance, but looks like this has started to happen now at least:



Finding support from the 0.236 fib retracement and VPVR point of control, finally bounces from a the third TD 9 "buy signal" in a row...

On a Weekly time-frame, the price strength hasn't yet confirmed bearish momentum (<40), which is hopeful:



Just a shame I didn't sell half at 0.0115 when price had doubled and was clearly overbought, you win some you lose some I guess!

As the BTC-XMR ratio is dropping, people in here are getting more and more emotional and frustrated, which i personally can fully understand and if i am criticized for some harsh predictions i am aware that i am hurting peoples feelings, so in order to scope with that, i truly apologize 
I mined my first Monero block in February 2015, i did have absolutely no clue about price behaviour, analysis of anything, circumstances impacting prices, adoption, technical perspectives and juristictions and so on. I stumbled over Monero because i read an article about a BTC millionare analysing crypto, how to tell if it is a scam, how to rate if a coin is legit, how to predict the future of a coin and that happened to be Risto. So i am in since 2014 and i think i made the large portion of mistakes that one can make. I started wit 11,6433989 Monero, accumulated and tried to trade, lost in trading, accumulated again, again lost in trading and repeated that cycle for several times, so i know how it feels like if you lose your beloved Monero because you are lacking knowledge. I hope i am coming on the way and i am glad that my prediction played well until now, but i think -as explorer already mentioned- we will see low 0,006 and eventually a panic dip for the high 0,005 to accumulate some nice and fresh Monero.

So guys, please don't get me wrong, just trying to benefit from my earlier mistakes and hopefully make up some of that lost trading experience from the past 

   Anyone else here jonesing for an old fashioned monero style parobolic journey? 
I wonder if there's another one of such vigor still to come, or if its going to have mellowed with maturity.

  Looking at your chart, It looks like a few weeks until going on a  tear.  Some more down in the mean time wouldn't change that at all, in my mind.  This rhymes with El Rippo's  BTC:XMR forecast as well.  His lower target receded some, with the speed of the drop, but otherwise is playing out on schedule.  The chance of a break down instead of up I can't really concede; to what end?  Is it broken?  All metrics point up.  Tx rate exploding, tech constantly updated, easier to use, more need than ever for privacy.   Anything that happens in the mean time is just whales splashing: impatient for the tide.

It is hovering a couple bucks lower than I guessed...  But of course I can redraw all my lines to fit this number.  But in all seriousness this is where I saw it breaking through and where i figured support would form.  What I DID NOT anticipate that ion a couple weeks it would be trading at like 140USD.  So in some ways that push and drop is sort of a non event if the 110-115 range will hold as we consolodate.

On the other hand I was a professional audio engineer for almost my entire career.  What the hell do I know?

I don't see it as bleak.  I see it as nowhere else to go but UP.  Similar to the 0.001-  days.  It was time for total fail or up and up.  It went up and UP and UP.  A last chance to take the full ride.

Latest chart is looking a bit bleak again.



Still I will flip my small forey back into Monero.

Got to believe in it.

This fud is so empty. I don't see any substance in it!

Latest Fud campaign is great for anyone whos bags are not full but when it reverses this will be the last time we see this price range.

You know they are running out of tactics when they have resorted to mindshare attacks.

I am having my post deleted. Which is quite frustrating and it feels personal.

I commented we are coming down to the price I accidentally sold a bitcoin worth of Monero.

I will soon, flip it back to Monero, if we keep dipping.

Also I fail to understand how answering a direct question is off topic or low value. So I conclude it is personal and to damage my sig campaign efforts.

Shame this forum is coming so pathetic and petty.


Why should I even bother at all?


I don't spam anywhere!

I am original Monero so what 2014, it doesn't even come to your face. There is no comeback its generic. A "mod" please come forward and be a man if you want me gone from here?


Example


This is the Monero speculation thread.    ?

   I think .0061 would be very hard to get to, and I would hate to see it that low again.  On the other hand, the recent 0.0068X just doesn't feel like a bottom, so I'm awaiting another leg down.  All it takes is the next BTC level-up while we hang out in the $11X range like cAPSLOCK forecast.  A strong reversal above the 0.0061 range is what I want to see.

In march went to 0.0061 and last October went to 0.006. It is very hard to expect to go under that now. Yes, last month was super bad compared to BTC but I guess that was just weak hands that entered Monero few months ago.

In general is funny that it all went just as always did. But the rumour, sell the news. At end of summer there were rumours number of transactions will increase. They did, but so so. Then in October actually started increasing a lot and dump happened.

I honestly do not get your point in this perspective, but the bar is lowering by itslef, so there is nothing wrong in selling monero and buying back in. If you did not do so, fine for me, but please don´t try to educate people about the use case in speculation thread 

Keep lowering that bar and one day you will be out of Moneros. Through the years I have seen many come and go on the WO trying to be smart.

The world needs easy to use, decentralized, actively developed and carefully tested financial privacy. There is currently, still, only one fulfilling those requirements (think about that for a second with the thousands of other attempts out there).  It is just that people with money, most living in first world countries, think they don't need privacy. They are OK their transactions are broadcasted to the world for anyone to review, forever. That is just being naive to say the least.

It requires only one external event though to make a 180 degrees turn. Thinking that Monero, as the private payment layer of Bitcoin, is not even 1% of its value is short term thinking. Monero's price will have its day in the sun again, and in the meanwhile it is maturing and improving each and every day. In about 1.5 years there are only new tail emission coins available, the rest needs to come from hodlers exiting. Don't be impatient or greedy while Monero's future is already so clear today.

I suppose my prediction of low 0,006 / high 0,005 will be reached by the end of November 

  Breathing on 0.0067xx
Looks like some shorts closing in this range.

I would think the main reason is the bitcoin bull is in the china shop.

The way things are going price-wise it looks like there are lots more sellers than buyers.  It's sinking rather fast while the rise to 11 was quick, but required quite a bit more volume.  Trying to work out what this means.

Do we think this is related to the interesting attack being shoveled at XMR just recently complete with some fairly strong trolling?

If I recall correctly, Zen 3 architecture should bring some 20% increase on the average in performance compared to Zen 2. Looks like  this does not translate to RandomX performance for now. Thanks for the link, I was about to pull the trigger on a new CPU.