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Topic: [XMR] Monero Speculation - page 74. (Read 3313076 times)

legendary
Activity: 2016
Merit: 1259
October 21, 2020, 09:03:33 PM
So often the damn contrarian. Roll Eyes Roll Eyes



Shakin' the tree.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 21, 2020, 08:56:24 PM
So often the damn contrarian. Roll Eyes Roll Eyes

legendary
Activity: 2016
Merit: 1259
October 21, 2020, 06:57:41 PM
Interesting landmark.  I don't expect it to hold, but then again this is really deflating on low volume...



   Either I am a genius, or it is too pat.  Every single pause and turning point has hit the lines on my chart these last few months.  I haven't changed anything, and I never used to be quite genius level, so I'm guessing its even more orchestrated than usual.  The low volume is a factor that makes it easier, I suppose.  If there was more generic activity it would be harder to dictate the action.  Whatever, I just keep sailing the seas... 
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 21, 2020, 05:59:42 PM
You can pry my Romeros out of my cold dead hands.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 21, 2020, 05:21:29 PM
Interesting landmark.  I don't expect it to hold, but then again this is really deflating on low volume...

full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 21, 2020, 10:48:12 AM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Well, we just lost that unnecessary extra zero again.  I would be very happy if we can hang on over that level for now...  But I will grant you it could go either way.

Bitcoin just took a chunk out of alts and gained in dominance, which is kind of inevitable in this bullish phase - and it's been carnage in altland, but hey, Monero often slingshots up after a BTC run steadies.  Let's see if it can weather this storm.

I don't like it, but my magic chart has low 0.0080's to low -90s until early December.  If it goes below that, it just says 'you have no maps of this area'.  Stupid magic chart anyway.

Well to be honest i expected that for next next week, so i think there will be healing for a weeks time, but as i said. If BTC is gaining dominance above €11k we could revisit low 0,008's -maybe even sub 0,008's in November so i just adjusted my buy orders  Roll Eyes Grin

If using of Monero will increase with the pace as it did so far, specially in October until the network upgrade, then I simply dont see so ow numbers to happen.   
In last few days we saw how bad can bugs be in protocol upgrades. Monero ecosystem grow a lot. Even that bug was patched in half day that did not magically update all Monero ecosystem immediately. Some exchanges still dont work. Or at least did not yesterday. Monero had luck to be small and was able to have these updates twice a year. Now is getting bigger and bigger and that will continue maybe even faster now.

The sync bug did not affect nodes that are online continuously, which is standard procedure for basically every service and exchange. Furthermore, the Monero network continued to operate normally. To reiterate, the following nodes got affected:

- A new node that syncs from scratch.
- Existing node that is currently offline and would like to sync soon. 

Furthermore, the bug was fixed swiftly and a new release (that included the fix) was made available within a day.

Additionally, people tend to forget that exchanges and services typically impose a temporary suspension of withdrawals and/or services around a network upgrade as precautionary measure.

I personally feel that people misunderstand the gravity of the recent sync bug and resultantly are making a mountain out of a molehill.

Agreed, i also think that the sstem is working properly and on top of a minor bug there is made hysteria to some extend that i do not get  Roll Eyes Wink
legendary
Activity: 2268
Merit: 1141
October 21, 2020, 10:39:18 AM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Well, we just lost that unnecessary extra zero again.  I would be very happy if we can hang on over that level for now...  But I will grant you it could go either way.

Bitcoin just took a chunk out of alts and gained in dominance, which is kind of inevitable in this bullish phase - and it's been carnage in altland, but hey, Monero often slingshots up after a BTC run steadies.  Let's see if it can weather this storm.

I don't like it, but my magic chart has low 0.0080's to low -90s until early December.  If it goes below that, it just says 'you have no maps of this area'.  Stupid magic chart anyway.

Well to be honest i expected that for next next week, so i think there will be healing for a weeks time, but as i said. If BTC is gaining dominance above €11k we could revisit low 0,008's -maybe even sub 0,008's in November so i just adjusted my buy orders  Roll Eyes Grin

If using of Monero will increase with the pace as it did so far, specially in October until the network upgrade, then I simply dont see so ow numbers to happen.   
In last few days we saw how bad can bugs be in protocol upgrades. Monero ecosystem grow a lot. Even that bug was patched in half day that did not magically update all Monero ecosystem immediately. Some exchanges still dont work. Or at least did not yesterday. Monero had luck to be small and was able to have these updates twice a year. Now is getting bigger and bigger and that will continue maybe even faster now.

The sync bug did not affect nodes that are online continuously, which is standard procedure for basically every service and exchange. Furthermore, the Monero network continued to operate normally. To reiterate, the following nodes got affected:

- A new node that syncs from scratch.
- Existing node that is currently offline and would like to sync soon. 

Furthermore, the bug was fixed swiftly and a new release (that included the fix) was made available within a day.

Additionally, people tend to forget that exchanges and services typically impose a temporary suspension of withdrawals and/or services around a network upgrade as precautionary measure.

I personally feel that people misunderstand the gravity of the recent sync bug and resultantly are making a mountain out of a molehill.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 21, 2020, 09:19:27 AM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Well, we just lost that unnecessary extra zero again.  I would be very happy if we can hang on over that level for now...  But I will grant you it could go either way.

Bitcoin just took a chunk out of alts and gained in dominance, which is kind of inevitable in this bullish phase - and it's been carnage in altland, but hey, Monero often slingshots up after a BTC run steadies.  Let's see if it can weather this storm.

I don't like it, but my magic chart has low 0.0080's to low -90s until early December.  If it goes below that, it just says 'you have no maps of this area'.  Stupid magic chart anyway.

Well to be honest i expected that for next next week, so i think there will be healing for a weeks time, but as i said. If BTC is gaining dominance above €11k we could revisit low 0,008's -maybe even sub 0,008's in November so i just adjusted my buy orders  Roll Eyes Grin

If using of Monero will increase with the pace as it did so far, specially in October until the network upgrade, then I simply dont see so ow numbers to happen.   
In last few days we saw how bad can bugs be in protocol upgrades. Monero ecosystem grow a lot. Even that bug was patched in half day that did not magically update all Monero ecosystem immediately. Some exchanges still dont work. Or at least did not yesterday. Monero had luck to be small and was able to have these updates twice a year. Now is getting bigger and bigger and that will continue maybe even faster now.

I agree in most points, especially in the growth of the ecosystem, but i do not agree with you in terms of pricing. History showed us some different figures and i believe, that those figures (as in BTC) will follow the historical base
legendary
Activity: 2730
Merit: 1288
October 21, 2020, 09:12:44 AM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Well, we just lost that unnecessary extra zero again.  I would be very happy if we can hang on over that level for now...  But I will grant you it could go either way.

Bitcoin just took a chunk out of alts and gained in dominance, which is kind of inevitable in this bullish phase - and it's been carnage in altland, but hey, Monero often slingshots up after a BTC run steadies.  Let's see if it can weather this storm.

I don't like it, but my magic chart has low 0.0080's to low -90s until early December.  If it goes below that, it just says 'you have no maps of this area'.  Stupid magic chart anyway.

Well to be honest i expected that for next next week, so i think there will be healing for a weeks time, but as i said. If BTC is gaining dominance above €11k we could revisit low 0,008's -maybe even sub 0,008's in November so i just adjusted my buy orders  Roll Eyes Grin

If using of Monero will increase with the pace as it did so far, specially in October until the network upgrade, then I simply dont see so ow numbers to happen.   
In last few days we saw how bad can bugs be in protocol upgrades. Monero ecosystem grow a lot. Even that bug was patched in half day that did not magically update all Monero ecosystem immediately. Some exchanges still dont work. Or at least did not yesterday. Monero had luck to be small and was able to have these updates twice a year. Now is getting bigger and bigger and that will continue maybe even faster now.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 20, 2020, 11:39:21 PM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Well, we just lost that unnecessary extra zero again.  I would be very happy if we can hang on over that level for now...  But I will grant you it could go either way.

Bitcoin just took a chunk out of alts and gained in dominance, which is kind of inevitable in this bullish phase - and it's been carnage in altland, but hey, Monero often slingshots up after a BTC run steadies.  Let's see if it can weather this storm.

I don't like it, but my magic chart has low 0.0080's to low -90s until early December.  If it goes below that, it just says 'you have no maps of this area'.  Stupid magic chart anyway.

Well to be honest i expected that for next next week, so i think there will be healing for a weeks time, but as i said. If BTC is gaining dominance above €11k we could revisit low 0,008's -maybe even sub 0,008's in November so i just adjusted my buy orders  Roll Eyes Grin
legendary
Activity: 2016
Merit: 1259
October 20, 2020, 04:03:52 PM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Well, we just lost that unnecessary extra zero again.  I would be very happy if we can hang on over that level for now...  But I will grant you it could go either way.

Bitcoin just took a chunk out of alts and gained in dominance, which is kind of inevitable in this bullish phase - and it's been carnage in altland, but hey, Monero often slingshots up after a BTC run steadies.  Let's see if it can weather this storm.

I don't like it, but my magic chart has low 0.0080's to low -90s until early December.  If it goes below that, it just says 'you have no maps of this area'.  Stupid magic chart anyway.
legendary
Activity: 2604
Merit: 1748
October 20, 2020, 03:54:49 PM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Well, we just lost that unnecessary extra zero again.  I would be very happy if we can hang on over that level for now...  But I will grant you it could go either way.

Bitcoin just took a chunk out of alts and gained in dominance, which is kind of inevitable in this bullish phase - and it's been carnage in altland, but hey, Monero often slingshots up after a BTC run steadies.  Let's see if it can weather this storm.
legendary
Activity: 2016
Merit: 1259
October 20, 2020, 03:49:30 PM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes

Didn't expect to hit your target this week?  Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 20, 2020, 02:04:24 PM
Yup just lost the 0.01 battle for now - BTC popped over $12K.

Looks like this is going to be ugly  Roll Eyes
legendary
Activity: 2604
Merit: 1748
October 20, 2020, 12:59:52 PM
Yup just lost the 0.01 battle for now - BTC popped over $12K.
legendary
Activity: 2646
Merit: 2842
Shitcoin Minimalist
October 20, 2020, 11:53:37 AM
Moon on hold. Altcoin bloodbath in progress.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 20, 2020, 11:25:06 AM
Thanks  Grin
Let's see if that turns out to be a good desicion, but i think i can buy back in at 0,0090-0,0088 levels, so let's have a cup of tea and see what the days bring along  Cheesy Cheesy Cheesy

You're looking pretty genius-y so far...

Looks like the whole alt sector is doing a pullback wile big daddy rallies.  We are breaking the bullrun trendline.  Probably see a bounce somewhere down there...

I will point out this volume is somewhat anemic though.



It’s really disheartening to see it just fall away.

Maybe I’m wrong and it just won’t recover to ATH.

Just have a cup of tea and wait until the next summer, you will be delighted as far as i can tell  Grin Grin Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 20, 2020, 11:24:11 AM
Thanks  Grin
Let's see if that turns out to be a good desicion, but i think i can buy back in at 0,0090-0,0088 levels, so let's have a cup of tea and see what the days bring along  Cheesy Cheesy Cheesy

You're looking pretty genius-y so far...

Looks like the whole alt sector is doing a pullback wile big daddy rallies.  We are breaking the bullrun trendline.  Probably see a bounce somewhere down there...

I will point out this volume is somewhat anemic though.



Thank's for the laurels, but i just did check some correlations to the last years and i found this similarity so i think until first week of November to mid November it will get a bit bloody on the streets but after that we should all fasten our seat belts and see Monero outperform itself  Roll Eyes Cool Grin
IF BTC rallies close to €11k i think we will see sub 0,008 hence all the weak hands are selling for BTC gains and then buy back in  Shocked Wink
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 20, 2020, 11:21:25 AM
I think we are in the same phase as in February/March 2016 so you should consider selling some of your stock (10-50%) and wait two months, then you should by back at 30-50% plus
When you have done that, fasten your seat belts, then the ride will be quick and dirty   Roll Eyes Grin Grin Grin

(do not take this as an advice, do your own reading and calculations)

Damn it I need glasses for the fine print!  I sold everything, and now there was just a 6000 xmr buy up to 0.018 on Binance  Cheesy

Just kidding.  I never sell.

 Grin Grin Grin
I sold some, let's see  Roll Eyes Wink

So i sold 50% of my stock, let's see what happens until end of november  Roll Eyes Shocked

50%!  Braver than I.  I was waiting for the 0.0105 level, and it came.    Below that, I don't see any clear stopping point until the 80's (and that I just close my eyes and pretend isn't there)
   There is still a lot of buying at this level, we will see where it ends.  You usually have it right, so good luck to you.

Thanks  Grin
Let's see if that turns out to be a good desicion, but i think i can buy back in at 0,0090-0,0088 levels, so let's have a cup of tea and see what the days bring along  Cheesy Cheesy Cheesy

You’re probably right!

What’s your longer term (2-3yr) outlook?

Personally looking at factors like adoption, tx count, state of the code base and emission curve, I see Monero hitting 800usd ish over next 3 years.

I don't have a 2-3 year outlook, i am in for live, BUT in terms of value towards BTC i think (as it looks so far) in June 2021 we will have a mark close to the last ATH  Grin Cheesy
member
Activity: 200
Merit: 47
October 20, 2020, 09:13:47 AM
Thanks  Grin
Let's see if that turns out to be a good desicion, but i think i can buy back in at 0,0090-0,0088 levels, so let's have a cup of tea and see what the days bring along  Cheesy Cheesy Cheesy

You're looking pretty genius-y so far...

Looks like the whole alt sector is doing a pullback wile big daddy rallies.  We are breaking the bullrun trendline.  Probably see a bounce somewhere down there...

I will point out this volume is somewhat anemic though.



It’s really disheartening to see it just fall away.

Maybe I’m wrong and it just won’t recover to ATH.
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