Author

Topic: [XMR] Monero Speculation - page 743. (Read 3314330 times)

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
May 17, 2017, 06:42:38 PM
I advise: It is a good idea to buy some Monero, in constant numeraire amounts, on a regular and consistent basis, if you can afford to hold them for years, or if you may need to use them, to keep your financial affairs private.  It is a bad idea to speculate on timing of price moves unless you have special information.  (Note that competing speculators in a speculation forum have an interest in disinforming you.)  That said, we are here specifically to speculate, and some people will offer opinions.  The honesty and the accuracy of those opinions may or may not correlate with each other.

Regarding price, I don't give much weight to speculations about coinbase.  Demand is gradually growing, AFAICT, while supply growth is slowly declining, so prospects seem good, but without a catalyst movement is likely to be weak and take a while.  Meanwhile it can do almost anything since the cap and float is still smallish.

If you anticipate a strong demand for financial privacy in a globally liquid instrument, as I do, you probably want to own as much as you can, up to the limits of your risk tolerance.  You should also keep an eye on mimblewimble.


newbie
Activity: 44
Merit: 0
May 17, 2017, 06:10:15 PM
Anyone some speculations on Monero?  I am currently a bit at loss on what is happening / what is probably coming up.

Edit: I'm asking because its going down right now and I did not expect that from the patterns and technicals.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
May 17, 2017, 05:46:01 PM
I don't know what to think about polo.  800 xmr withdrawal stuck for four and a half days.  I called the FTC and the SEC and got nowhere.  Then I called the Fraud and Consumer Protection unit of the Delaware Attorney General's office.   The number is (302) 577-8600.  I left a message stating that a Delaware corporation may be committing fraud on its customers, and gave the name of the corporation (poloniex) and the name and address of the registered agent in Delaware that Poloniex uses,
VCORP Services LLC
1013 CENTRE ROAD SUITE 403-B
Wilmington DE 19805

Join me filing a complaint.  Or if you have a better idea how to light a fire under polo, I'd like to know.

You waited all of 4.5 days before throwing a tantrum and bothering a bunch of clueless .guv bureaucrats about your precious magical internet money?   Undecided

Talk about high time preferences; sounds like you gambled more than you could afford to lose.

Keep calm and read this.  https://poloniex.com/press-releases/2017.05.16-Industry-growth-and-its-effect-on-Poloniex/
legendary
Activity: 2016
Merit: 1259
May 17, 2017, 02:28:49 PM
I don't know what to think about polo.  800 xmr withdrawal stuck for four and a half days.  I called the FTC and the SEC and got nowhere.  Then I called the Fraud and Consumer Protection unit of the Delaware Attorney General's office.   The number is (302) 577-8600.  I left a message stating that a Delaware corporation may be committing fraud on its customers, and gave the name of the corporation (poloniex) and the name and address of the registered agent in Delaware that Poloniex uses,
VCORP Services LLC
1013 CENTRE ROAD SUITE 403-B
Wilmington DE 19805

Join me filing a complaint.  Or if you have a better idea how to light a fire under polo, I'd like to know.

They've had a 640% increase in trading volume this year.  It's going to be a bit rocky in places.  Competent help is hard to find - it takes some time to smooth the bumps.  It sucks to deal with, but I wouldn't jump on the fraud bandwagon just yet.
full member
Activity: 142
Merit: 100
May 17, 2017, 02:07:24 PM
Is it still worth to buy xmr?or better invest in eth?

Your best bet may be to seek a financial advisor or pay for some trading courses. I'm sure there are some around here and there.

Getting trading advice on this forum is probably not the best place get it from.

If you're looking to self teach, start here: http://www.investopedia.com/terms/m/modernportfoliotheory.asp

Build a portfolio based on your own analysis of potential outcomes and their probability. Sorry for OT.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 17, 2017, 01:56:21 PM
Is it still worth to buy xmr?or better invest in eth?

Your best bet may be to seek a financial advisor or pay for some trading courses. I'm sure there are some around here and there.

Getting trading advice on this forum is probably not the best place get it from.
member
Activity: 112
Merit: 10
May 17, 2017, 01:28:33 PM
Is it still worth to buy xmr?or better invest in eth?

XMR is really bottoming out now, so it's a good time to get in.
hero member
Activity: 493
Merit: 551
May 17, 2017, 01:20:29 PM
I don't know what to think about polo.  800 xmr withdrawal stuck for four and a half days.  I called the FTC and the SEC and got nowhere.  

Ehm have you tried to cancel the withdrawal and send again to another different XMR adress? You can cancel it in the pending withdrawal directly.
sr. member
Activity: 308
Merit: 250
May 17, 2017, 01:09:38 PM
Is it still worth to buy xmr?or better invest in eth?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 17, 2017, 01:01:58 PM
As an investor, unfortunately i totally give up investing on XMR anymore. It is such a nice project and very undervalued imo. But something is wrong maybe advertisements or maybe some internal issues i dont know. But the price is not growing for really long. When many shit projects already multiplied their volume and price, monero is still like a turtle.

Price doesn't determine longevity of a project.

Nor does it determine the legitimacy of one either.

legendary
Activity: 1092
Merit: 1000
May 17, 2017, 12:59:38 PM
I think we will get great opportunity to convert some BTC profits into XMR over the next few months. Bloodbath in XMR means apocalypse for the other shitcoins, imo.

I agree.

Yes but be careful not to buy pumped Moneros though....
sr. member
Activity: 546
Merit: 250
May 17, 2017, 12:54:00 PM
I think we will get great opportunity to convert some BTC profits into XMR over the next few months. Bloodbath in XMR means apocalypse for the other shitcoins, imo.
I agree.
While a bloodbath in XMR is possible, I would not bet on it by going short.

Bloodbath of recovery expected https://www.coingecko.com/en/price_charts/monero/usd
sr. member
Activity: 807
Merit: 423
May 17, 2017, 12:49:25 PM
I don't know what to think about polo.  800 xmr withdrawal stuck for four and a half days.  I called the FTC and the SEC and got nowhere.  Then I called the Fraud and Consumer Protection unit of the Delaware Attorney General's office.   The number is (302) 577-8600.  I left a message stating that a Delaware corporation may be committing fraud on its customers, and gave the name of the corporation (poloniex) and the name and address of the registered agent in Delaware that Poloniex uses,
VCORP Services LLC
1013 CENTRE ROAD SUITE 403-B
Wilmington DE 19805

Join me filing a complaint.  Or if you have a better idea how to light a fire under polo, I'd like to know.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
May 17, 2017, 11:47:17 AM
I think we will get great opportunity to convert some BTC profits into XMR over the next few months. Bloodbath in XMR means apocalypse for the other shitcoins, imo.
I agree.
While a bloodbath in XMR is possible, I would not bet on it by going short.
hero member
Activity: 608
Merit: 509
May 17, 2017, 11:01:03 AM

In that scenario I would target $30 in September, and we might not see a new ATH until macro instability later in the year stomps on the fuel pedal again.


Agree in general with IMHO the one major wild-card still hanging over XMR's head being Coinbase integration anytime from now to maybe announced early to mid summer time frame?  If/when that happens it'd be a big stomp on the fuel pedal for sure.

Things on this front have been quiet lately after all the ruckus coinbase stirred up a few months back, what with Charlie's tweets and Armstrong's twitter poll etc... but I have to imagine that *IF* they're gonna do this, that coinbase developers have probably been working on it all this interim time.  They can't really be TOO FAR OFF now from rolling it out if it's ever gonna happen at all.

Then again, developers have had trouble with Monero integration in the past (cough Jaxx cough) so maybe it's gonna take longer than they planned.

My personal belief is that this IS COMING however (even if it's just wishful thinking LOL)
jr. member
Activity: 40
Merit: 2
May 17, 2017, 10:39:52 AM
Trying to trade XMR on polo today has been a complete waste of time, the lag has got beyond a joke now.

i also made a BTC withdrawal 10 hours ago, and although confirmed as complete by polo, the tx id is still not valid on the blockchain, and i have got no response from mods in the trollbox, so now must wait to see if my support ticket is ever resolved. i also see in trollbox many other users have same problem with btc withdrawals.

anyone else here having problems?

have used polo for number of years now, since i bought my first xmr in 2014, and never had one single issue with them, but this week has tested my patience to much.
full member
Activity: 142
Merit: 100
May 17, 2017, 08:48:45 AM
BTC crashing back down could cause a bloodbath here in alts.

We aren't holding up as well as we were now.



I think we will get great opportunity to convert some BTC profits into XMR over the next few months. Bloodbath in XMR means apocalypse for the other shitcoins, imo.
legendary
Activity: 2702
Merit: 2053
Free spirit
May 17, 2017, 08:20:28 AM
BTC crashing back down could cause a bloodbath here in alts.

We aren't holding up as well as we were now.

legendary
Activity: 3122
Merit: 1538
yes
May 17, 2017, 08:18:26 AM
wow Bytecoin catching up with Monero ?  Cheesy Cheesy Grin

You mean the official Bytecoin (BTE) being a 1:1 clone of Bitcoin?
sr. member
Activity: 504
Merit: 250
May 17, 2017, 08:16:44 AM
Btc super unusable but still growing,  nobody-known and full centralized ripple goes supersonic, old bytecoin with 100 times less supporters than Monero 200% increase ....  what else?   Should I expect to turn into wolverine tonight???  Can someone pls explain to me the f.ucking logic in the markets last months?  I will be content with not the whole logic but even any logic. Thanks.
Well, lets see here; Bytecoin is already correcting, Bitcoin is the main cryptocurrency, and Ripple is probably just going through another "random" pump to increase the dev’s net worth.
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