Topic: [XMR] Monero Speculation - page 685. (Read 3314325 times)

I have a feeling that's just bagholders pumping it until they can sell out and then the market will crash. I highly doubt it suddenly turned legit.

For what it's worth... say whatever you will about guys like Clif and their "woo woo world view" BUT he's been absolutely nailing it on his crypto predictions lately... to the point of being actually eerie, frighteningly accurate, since at least around January this year (when I started reading him seriously) but possibly even earlier.

Sure, they say even a broken clock is right twice a day and maybe his calls are based on just sensible analysis rather than any actual "linguistics" being able to predict the future, but... whatever, LOL.  If it works, it works

Proof of the pudding will really be if he gets it right on the call for bitcoin to hit $13,800 around next February 2018.

We shall see, indeed... in any case I'm still just gonna be HODL'in and watching the show munching popcorn LOL

i like to read histograms to, instead like trading charts, but i still doesnt know how to read that properly

...on the other hand, ZCrap, sorry ZCash is climbing up the ladder and is now next to Monero in terms of market cap.  

Fungibility is a critical requirement for money; however Bitcoin's problem is far more basic. Before one can concern oneself whether a transaction can be traced destroying fungibility one has to be able to make the transaction in the first place. Monero has a solution for this far more basic problem also.

Beeing fungible money or cash is a strong application and a great feature already, look at the BTC price.

Monero seems to be still for long-term but Many altcoins are growing up so high such as DASH, ETH ,WAVE during the past.
Perhaps many investors can see many new features of these coins and their potentials more than monero.

For those who don't know, ALTA reports are put out by Cliff High of halfpasthuman.com, and are fairly expensive. He has some proprietary bot that trawls the internet to create linguistic data sets that supposedly help predict future events.
There's a summary of his latest crypto report here: https://steemit.com/crptocurrency/@dasczecher/cryptocurrency-predictions-summary-via-mresendez74725

Or here :

Bitcoin:
June growth supposedly going to be a good month for bitcoin, but might be a little slower during the first 3 weeks. The months after will show some more excitement in bitcoin until they reach ultimate "catching fire" and "ignition" phase during the Fall of 2017. By march of 2018 expect the Bitcoin price to rise substantially and I mean Substantially higher!

Dash:
Is expected to "race" with ETH for "dollar gains" through June and into July. However, there is indications of some corrections along the way through the summer. Dash is expected to tag along with Ethereum though as the 2017 year progresses.

Ethereum:
June is supposedly going to be very positive for Ethereum as there might be several price "pops." It is expected that Ethereum price rises will be considered one of the symptoms of a "developing debt currencies crisis." Also, there will be a lot of tech companies and corporations investing in Ethereum as new technologies will develop around it, including Veritaseum. Ethereum is expected to rise with Bitcoin and by March 2018, should be some multiples of its current price.

LiteCoin:
Nothing exciting is expected for Litecoin over the summer months of 2017. Only until Fall of 2017 is Litecoin expected to really start shining and catching a bid along with Bitcoin and Ethereum.

Monero:
"Slow and Steady" is the name of the game. Monero is expected to be considered a "steady grower" throughout 2017 and should be among the top 20 performing crypto currencies throughout the year and into 2018.

Ripple:
STAY OUT according to Webot. Ripple is not expected to perform as favorably as Bitcoin, Ethereum, or the other coins previously mentioned. It might even see some declines in its price commencing before some big shakeups within its corporate organization.

Veritaseum:
Should tag along with Ethereum as it is a derivative of Ethereum, but it is also a software technology. It should gain a rapid percent rise in price in the very near term.

Some of my thoughts on Monero and the current crypto currency boom.

1) Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
2) The current crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
3) The hackers are quietly hacking away.  Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea.

This is not investment advice. The risk of a complete loss of funds on a Monero position long or short (or more for a leveraged position) is very high. Please do your due diligence and obtain appropriate professional advice before investing or speculating. Disclosure: I have long positions in XMR, XBT and NMC, and I am also involved in the Monero project as a core team member.

Nice One!

positive forecast released today from the ALTA report regarding Monero as a long term hold investment. Good to know that XMR will still be positively charged linguistic data sets years out. Also mentioned a solid and vibrant Monero community. Congrats...

The abusive step father that tried to kill his children.



I hear you guys I bought originally at .0032 and again a month later at .0015 and sold off at $1.37 do to personal money issues and when I planned re-entry at the same price I still hadn't saved the fiat up to rebuy so while I waited for next months check the DM spike happened! 2 years holding and missed that just chafes. LOL

Then I started accumulation when ut settled back to around $28 and started buying again and again do to outside money issues had to sell at $20 and less than a week later the latest surge happened! Hah The real life issues always coincide with me getting fucked on all fronts! The universe hates me.

I started rebuying again a month ago in the dips and have gotten back .425% of what I had pre DM
But I'm getting pretty good with marganing so a little at a time I get back and always keep it in XMR in case there is another spike. The only bad margin I made I was actually correct but POLO's estimation of liquidation was soo far off I got fucked. Made note to never trust Polo's estimation again I had traded for  month and doubled from 9 to 18 and lost 9 in the margin call. One time though I was a 10% margin and asked for help here for a loan to cover until it broke and was offered the loan which I never had to take as it reversed right at the 10% margin I was at and that was a relief (that was during Risto's bullshit Fud that I called him out on). But it showed me who I can trust on this board which was a great side benefit.




This is the best news I've heard in years!!!!!!!





Some more ammo for your tears, it went over $60.

Yes, Monero seems to have been sitting at around 50$ for a little while and 45$-50$ seems to be the new minimum. If you're going to invest (short or long term) now would be the time.

Since Monero is continuing a long steady climb in price there's no real "bad" time to invest. However if you're looking for a short term investment wait for a sudden dump.

I doubt the price will rise too much if at all this year. I don't see much wrong with xmr, but it appears to be happy to be perceived as being used only in dark net markets. Nothing wrong with that, but there are many other coins competing in that space, monero needs to be seen as more than a payment system for DNM for the price to kick on.

Monero added to SouthXchange  XMR/USD and XMR/BTC pairs available.
https://www.southxchange.com/Market/Book/XMR/USD

The Multisig which is a prerequisite for mass adoption on Exchanges like OpenBazaar is going great - test period now before going to mainnet
https://www.reddit.com/r/Monero/comments/6gx7zm/hello_fellow_human_beings_lets_help_test_multisig/

My workers suggested me monero on january 2017. It was around $15 and I did not buy any. Now it became up to $55 and I'm crying dude. 

Nest time I will consider every single recommendation about monero.

The duck, haha love it!

Whenever I agree with the duck, it seems worthy of comment.  But what, pray tell, is "soon"?

I have to agree on this one.
Monero is not a coin that will make you rich soon.
If you want to get rich soon you should be buying 1337-coin these days.