[XMR] Monero Speculation - page 691.

KeyJockey

hero member

Activity: 608

Merit: 509

Quote from: Quicken on June 08, 2017, 03:57:05 AM

Come on out old time crew. Quicken is fishing.

LOL I guess maybe I count as "old time crew" even though I was never very 'involved' in XMR much beyond just buying some early on and always planning to HODL as long as necessary...

My first posts on bitcointalk were actually in a MaidSafe thread (I still HODL all my MAID from their crowdsale too) but looking back at post history it seems my first Monero-related thread post was Mid-August 2013: what was XMR price around then? I believe my initial basis-price for the first few Moneroj I socked away was something like $0.70 cents? Although it's probably much higher now (probably 10X higher, over $7 by now, I'd guess) as I've added more as XMR has become more successful and stronger... kind of a reverse-dollar-cost-average I guess LOL but at least overall current price is higher than my unit cost by now Cheesy

Anyway, initial buy-in under a buck counts as old-school doesn't it? Who here has the absolute *lowest* first-buy basis price??

elrippo

legendary

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Well, when BTC has its peak and starts losing ground, XMR will probably do the same, but i kind of predict an explosion of XMR in Q3 2018 Grin

Aby Normal

jr. member

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Quote from: Quicken on June 08, 2017, 03:23:01 AM

Quote from: saddambitcoin

I started buying the same time as you but I have a problem, I only like to see my Monero balance go UP.

I hear that. Exactly my approach through 2014 and 2015. I'm trying this new thing called balance now. Still over 50 percent of wealth in monero, but not 95!

Any other old timers from 2014 celebrating?
Q

I used to have over 4k XMR accumulated since 2014 but now my stash is halved, started celebrating while it was still below 20USD Tongue

Still can't be happier cos I made all my coins out of thin air, never bought any crypto with fiat, it was just a hobby - lil bit of mining, lil bit of trading, now when I look back 3 years behind I still can't believe what I did Grin

This year XMR has been so volatile and bullish, just like BTC back in 2012, next year Monero could live trough BTC experience of 2013, it looks kinda same - only better Wink

antw081

newbie

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Quote from: Quicken on June 07, 2017, 04:54:38 PM

Then there was the memorable 'defend 0.004' campaign in July 2014 after the brief spike to 0.01. That didn't last long, LOL. Then two long, long years of grind. I was underwater but kept buying to improve my average buy price. Put in over half my life savings, which worked out eventually (phew). Called myself a Dolphin because I never reached six figures of XMR (damn those 2014 prices! ;-)).

Sold (in hindsight) an annoyingly large chuck of the stack on the up slope of late August 2016. Break even followed very quickly by healthy gain. Sigh of relief.

Cashed out over 15k yesterday (is that not enough?!) but still keeping a healthy five figures for the long haul. Grin

Q

Yeah, I remember trying to "defend 0.004" a few times (with the modest few BTC I had), but every time I would get my hands burnt (although its has worked out nicely for me now cause we are not likely to ever see 0.004 again).

0.004 use to seem like a ceiling we could never quite keep our heads above before the August 2016 AlphaBay pump. I think a combination of high inflation and the fact that big traders like Warz would profit take around 0.004 meant we inevitably always crashed back down.

I, (like you) was underwater for most of 2014 to 2016, but kept buying to improve my average. I think the lowest point for me (on paper) was in late 2014(?) where XMR had dropped down to around $0.3 USD which represented something like a 80% lost for me (in terms of fiat) if I had sold then. It wasn't until the AlphaBay pump that I was in the green against fiat and BTC.

I know I should probably divest a bit into other assets classes as I am very crypto heavy right now. But like saddambitcoin, I just want to buy more XMR.

To me, XMR is the spiritual successor to BTC. And at $55 USD per coin, that is still a steal. If only I had more fiat to convert...

bitebits

legendary

Activity: 2242

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Flippin' burgers since 1163.

Quote from: 9jaflick on June 08, 2017, 05:28:14 AM

What's the total of this coin?

About 18.1 million before the <1% inflation kicks in (keeping a miner incentive = network security / dynamic block size)
https://en.wikipedia.org/wiki/Monero_(cryptocurrency)

Currently there are a bit more than 14.5 million already in circulation.
https://www.monero.how/

9jaflick

sr. member

Activity: 728

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What's the total of this coin?

cryptimus prime

hero member

Activity: 493

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XMR price is like dynamite, according to the charts when it is set on fire it will explode, everybody is watching XMR now and waiting for the start of the explosion to enter a position. I think we will have a very nice rally in front of us.

CryptoPH

full member

Activity: 161

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<3 Crypto

Quote from: Quicken on June 08, 2017, 04:04:33 AM

Quote from: CryptoPH on June 08, 2017, 03:58:38 AM

I joined the fun in 2015.
It's also the same year I registered in this forum.

Not that much in my bag, though I plan to retire when XMR reach $1000++. Cool

Very good timing in hindsight. I expect many will be in position to retire when we reach $1000++

Pegasus is probably preparing his spaceship order already.

Definitely, I've seen he's videos. Shocked

But I seldom see him here nowadays.

And, I observed that we experience price volatility when the duck is posting more often. Cool

Quicken

sr. member

Activity: 280

Merit: 250

Quote from: CryptoPH on June 08, 2017, 03:58:38 AM

I joined the fun in 2015.
It's also the same year I registered in this forum.

Not that much in my bag, though I plan to retire when XMR reach $1000++. Cool

Very good timing in hindsight. I expect many will be in position to retire when we reach $1000++

Pegasus is probably preparing his spaceship order already.

Quicken

sr. member

Activity: 280

Merit: 250

Quote from: rinus on June 08, 2017, 03:45:20 AM

I'm in from somewhere beginning of 2015, i am cheering but not yet celebrating. Party starts when we reach 100 USD. Don't think we will see it anytime soon yet.

I am confident it will get there. A lot probably depends on bitcoin short term, but a big Monero adoption story could see $100 overnight. MHODL

CryptoPH

full member

Activity: 161

Merit: 100

<3 Crypto

Quote from: Quicken on June 08, 2017, 03:23:01 AM

Quote from: saddambitcoin

I started buying the same time as you but I have a problem, I only like to see my Monero balance go UP.

I hear that. Exactly my approach through 2014 and 2015. I'm trying this new thing called balance now. Still over 50 percent of wealth in monero, but not 95!

Any other old timers from 2014 celebrating?
Q

I joined the fun in 2015.
It's also the same year I registered in this forum.
I still remember the time I get 500 XMR for 1 BTC thru Shapeshift.
I'm also mining (with R 290) that time and get several XMR a day.

Not that much in my bag, though I plan to retire when XMR reach $1000++. Cool

Quicken

sr. member

Activity: 280

Merit: 250

Quote from: Globb0 on June 08, 2017, 03:51:13 AM

I'm from way back too. I used to write the whirlwind missives summary at one point, its since moved on to the dev meetings.

Held from early on brought coins before they went down far enough.

Phil

Yup. The pain of 2015 prices for the summer 2014 adopters. Cry

Come on out old time crew. Quicken is fishing.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

I'm from way back too. I used to write the whirlwind missives summary at one point, its since moved on to the dev meetings.

Held from early on brought coins before they went down far enough.

Phil

rinus

sr. member

Activity: 362

Merit: 258

Quote from: Quicken on June 08, 2017, 03:23:01 AM

Quote from: saddambitcoin

I started buying the same time as you but I have a problem, I only like to see my Monero balance go UP.

I hear that. Exactly my approach through 2014 and 2015. I'm trying this new thing called balance now. Still over 50 percent of wealth in monero, but not 95!

Any other old timers from 2014 celebrating?
Q

I'm in from somewhere beginning of 2015, i am cheering but not yet celebrating. Party starts when we reach 100 USD. Don't think we will see it anytime soon yet.

Quicken

sr. member

Activity: 280

Merit: 250

Quote from: saddambitcoin

I started buying the same time as you but I have a problem, I only like to see my Monero balance go UP.

I hear that. Exactly my approach through 2014 and 2015. I'm trying this new thing called balance now. Still over 50 percent of wealth in monero, but not 95!

Any other old timers from 2014 celebrating?
Q

nasibakar

sr. member

Activity: 250

Merit: 250

XMR is currently like to have a base of foundation at about 50-55 usd,
I think there is chance to crawl,
I dont think we will see a big jump until somewhere end of year.
Overall of XMR performance is this coin promising,... it is a good bet to jump here,... I guess.

willyum

newbie

Activity: 41

Merit: 0

Where did American Pegasus go? Is he still invested or did he sell? He used to rant on this thread constantly..

Genesis1337

full member

Activity: 154

Merit: 100

$1b USD market cap before Jan 1 2018? I hope so...

Hueristic

legendary

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Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: aminorex on June 07, 2017, 10:44:23 PM

Quote from: Hueristic on June 07, 2017, 08:44:48 PM

I watched for a year then started buying during BCX fud storm, last time I tried to help prop a price up. W00ps Cheesy

And if you have held them until today, you have been extremely well rewarded for your foresight and consistency.

So so true but what would be the fun in that? I'd have nothing to bitch about! Cheesy

I think it took another year to get there again and I held for alot longer than that.

Quote from: Bitcoinaire on June 07, 2017, 10:35:55 PM

I did a withdraw from Poloniex and its taking much longer than normal and it still says pending. It has been 30 minutes and there is nothing in my wallet yet.

Took me 2 days last week and I paid a high fee. Bitcoin is crashing and burning right before our eyes. They better address this issue before all these newcomers decide to actually start using it or moving it off an exchange!

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Hueristic on June 07, 2017, 08:44:48 PM

I watched for a year then started buying during BCX fud storm, last time I tried to help prop a price up. W00ps Cheesy

And if you have held them until today, you have been extremely well rewarded for your foresight and consistency.

Topic: [XMR] Monero Speculation - page 691. (Read 3314330 times)