Topic: [XMR] Monero Speculation - page 804. (Read 3314350 times)

Yep - spotted that, thanks!

I wish it would tell me why the hell we are suddenly going up and down WITH BTC, instead of inversely.

Why the flip in behaviour? I hope it's not crypto 'Fork' nerves, meaning the BTC price is suddenly the canary in the coal mine.

Anyone care to speculate on this price behaviour? Unless I am wrong in this of course.

I have this plugin for Firefox.

https://addons.mozilla.org/en-US/firefox/addon/bitcoin-price-ticker/?src=api

Yes, but it acted strangely when the big drop down to almost 1000 just happened and the price didn't go up as much as it has been (proportionately).

We should be over 022

Thanks for all answers guys...

So summary "so far" are we concluding that IF the shit starts to hit the fan THEN possibly the most appropriate action to protect currently-realized value-gains in 'buying power' from all our crypto portfolio investment and coin-balancing management, etc, so far, is going to be to totally bail out of all crypto entirely and go back into (ugh) DOLLARS, until the BTC dust settles...?

ideologically that'd be my LEAST preferred action to take, LOL, since a big reason I got into crypto in the first place was just 'cuz I believe the old-world fiat system is probably at MORE risk of blowing up in the near future than our newer, better, math-secured crypto-future.  Going BACK to THAT even temporarily just for "safety" just kind of feels... wrong.  LOL

But maybe during this unfortunate necessary 'growing pains' period in evolution to that future it'll be necessary anyway...?  Hmm.

P.S. {Edit} It's probably mostly due to BTC weakness I guess but still nice to see HoneyPony back in the 020's today

I take no sides here, but they would claim it is a fork of the original Bitcoin blockchain. They would not be lying in saying that.

I don't want Core vs BU debate here, it is blissfully free of it, I was just answering a question here on the effect on us.  What I think personally is that a fork is not 'woo, free extra coins' it is a total shitstorm we could really do without.

BU would be lying.

After the ETH split the lesser fork increased in value and is still viable now.  The value of the two was after a while greater than the original ETH.  Now ETC is less significant as ETH has grown so much - but it was not (as expected) a fast death for the 'alt'.

BTC is different - all the Alt market is priced in Bitcoin and let's face it, it is the best way to cash out of any alt (buy BTC with it, cash out of BTC).

So in Bitcoin a split could in my view hit price hard - it is already why BTC has fallen and cannot break out.  Even the uncertainty is hurting.  The two chains will probably not add up to greater than the 'original' since upon a split, the news would be 'Bitcoin is broken' and 'now the supply of Bitcoin is doubled'. Volatility and acrimony will be the initial result.

Value (even as a split looks realistic) could plummet initially and Alts will not simply rise up - they could be hit hard too.   Alts are 'alternatives to Bitcoin' so the whole market will be jittery and volatile, unless there is a clear winner that unites Bitcoin and does so fast.

If Bitcoin looks like dying (it won't - but it might look like it), then all crypto is at risk to some extent.   Imagine selling a new Alt coin venture just after the shit has hit the fan with BTC?

Eventually it will play out, yes - but a contentious fork (a civil war in Bitcoin) will be bad for crypto as a whole, in the short term at least.  I hope it does not happen; it will not be good for the market if the rock-solid reputation of the main coin as 'one bitcoin, fixed supply, chain impossible to crack' is in question because there are 'two' Bitcoins on two chains with twice as many in circulation all of a sudden.

Both will claim they are Bitcoin, neither will be lying, but both will accuse the other of betraying Satoshi's idea.

That's my 2 cents.

Thank you for very interesting question.
I have also being thinking this a lot recently and I have to admit I have been pretty worried for the sake of bitcoin recently for the first time since 2013 when I first bought in.
You are right value will be probably disappearing and most likely one of the two will remain and the other blockchain probably dies. There might be an exchage that trades between those two bitcoins and the one that the majority will choose will prevail and the other goes towards 0.
That could be potentially very good opportunity for Monero to shine... Dark coin has already started to shine like the radiant sun but I am afraid its heat will burn many from alive eventually so no time to FOMO buy anymore it... A prudent investor will start accumulating Moneros now while they are still this cheap.. If Bitcoin splits into 2 parts, it is very possible that Monero reaches 1:1 parity with bitcoin (or some other alt coin, Dark coin perhaps?). Etherium is much more nice coin than Monero... Ripple is run by the company so we are left with Dark coin, XMR or LTC perhaps...?

Shifting gears a little bit: question for everyone here...

IF there's a bitcoin blockchain split and the overall value of both sides added together DROPS (as some people say, i.e. before split BTC = $1,000 but after split with say 80/20 hashrate division, the value is not $800/$200 but rather something like $600/$100, or less, due to loss of network effect)... do you guys think the "lost value" will just disappear i.e. go back to "dollars" as leaving "crypto" entirely, OR would it be reflected in increased "dollar value" of ALTS (even as, probably, the relevant alt-value as priced "in bitcoin" will almost certainly decrease...?)

TL;DR above :: if there's a BTC chain split, will those of us with appropriately balanced portfolios of alt-coins (XMR/ETH/MAID/DASH/etc) see the dollar-valuation of that portfolio stay largely the same, or will we need to be ready to DO something other than just ride-out the storm until bitcoin settles down again, post-split...?

Whadda Y'all Think... who's planning for what scenarios here?

A good place to see a lot of Monero stats is:

https://www.monero.how/

If you're on a mac you can put a ticker in your menu bar, too.   I keep an eye on current USD value via this site.

There are lots of sites that provide this... here are a few:

https://www.coingecko.com/en/price_charts/monero/usd
https://www.worldcoinindex.com/coin/monero
http://www.cryptocoincharts.info/pair/xmr/usd/bitfinex

where could I see this dollar chart?

Thanks,

Phil

this isn't exactly monero speculation, but I believe it all ties in. do any other American's  feel that the real estate market is in the midst of a bubble? opinions? (I could be wrong) I've been looking and there are either a lot of extraordinarily wealthy people or these prices are looney!!!

BTC wasn't going to stay above 1100 for long, yesterday - so personally, the 018s were a peach of a buy.

As long as you balance enough BTC against the XMR in what you hold, you're covered either way and it's possible to swing trade some play money between both fairly safely and get an edge to accumulate a little more on each swing.  I know it's hard to have many of another coin, but it's wise to keep some old-fashioned BTC - just as a hedge

This seesaw has been pretty reliable these past few days, the inverse price undulation has been a relatively safe and easy play.  Yesterday to this morning was rather fun.

And don't give up on the XMR ATH just yet.  Last year's spring peak was in April after the regular February breakout.  If it follows past patterns (while of course this is not certain) it may yet spike up.  In any case we are already at USD ATH levels, so personally I have cashed out some crypto profits lately to treat myself.  

It's BTC that is the unstable variable if you watch the BTC / XMR pair - but the dollars are what you ultimately sell for, so you're right to keep an eye on that, too.

Hi,
I developed a web site that allows users to receive free email alerts when XMR price meet a certain price condition (based on kraken rates).

https://alerts-trading.com/

Price is monitored every 1 minute, 24/7. Service is provided free of charge.
Hope it's usefull.
Comments are welcome. Have fun, and happy trading.

Any sensible person with a modicum of organical thinking would have said the same thing. You think Dark Dash or whatever is fair value, clear to see and easy to project? Reaaaaaaaaaly? Who's fkn trolling?

oh i remember how you told tante that its unresponsible to not sell dash at 50$ ... you pushed it hard ... and for her luck she didn't response to you false prediction and dash rose another 50 $ to above 100 $ ... you are the real deal if it goes to trading advises !!!

keep trolling

Yes, too much pessimism is kinda bad for keeping the price up. We're already seeing lower lows, and people talking about how doomy everything is will only lead to a reversal.

Try to keep positive everyone!

Currently I have about 10 monero, I wouldn't fret with a lot of people who are pessimistic, because the coin will continue to benefit and market cap is already big and reached more than: $305 million.

Good God you are often tiresome.