[XMR] Monero Speculation - page 805.

iCEBREAKER

legendary

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Merit: 1072

Crypto is the separation of Power and State.

Quote from: Fragbait on March 20, 2017, 03:00:30 PM

Quote from: megges on March 20, 2017, 12:33:38 PM

And many many people lost a fuckload of money because fluffy was telling everybody how bad dash is, right before it sprung x10. These people shorted dash because they beliefed fluffy, and lost all, these shorters are the ones which made the dash price rise exponential bigger than it would have been without the shorting. And they shorted because dash is so bad and its just a pump and dump scam coin and so on, at least everybody told them so - for them 20 dollar a dash was hardly overpriced, look where dash is now.

If you ask for who was scammed by dash, you won't find one (at least noone who was buying in the last 3 years), because price went from ath to ath, there could no one be scammed per definition, because noone could have lost with ath after ath. (for me a scam is if someone loses money! - ofc thats my definition, but its true!). On the other hand lots and lots of people lost money because they shorted dash after all that "its a total scam coin" definition from fluffy and his friends with all these cool videos...

This man speaks the truth. Just keep on listening to Fulffy and Icebreaker and Smooth and Generalthis and who else if you want to keep on losing money. Their track record so far certainly indicates that.

Oh sure, it's terrible how I told people to buy Monero for under 25 cents and then $1 while they had the chance.

We're crying in our Teslas.... Grin

culuuton

hero member

Activity: 1593

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Quote from: OrangeP on March 21, 2017, 06:38:54 PM

Quote from: mnemonicsoup on March 21, 2017, 06:36:51 PM

If more people would hodl instead of constantly speculating on micro movements the price would be much higher but perhaps it's still worth it to them. All my friends lost in the long run though, I prefer hodling.

Speculation does affect all coins. It's give and take.

You should only put money you are willing to lose into crypto. Buy several different coins, such as BTC, ETH, and DASH.

OrangeP

sr. member

Activity: 358

Merit: 250

Quote from: mnemonicsoup on March 21, 2017, 06:36:51 PM

If more people would hodl instead of constantly speculating on micro movements the price would be much higher but perhaps it's still worth it to them. All my friends lost in the long run though, I prefer hodling.

Speculation does affect all coins. It's give and take.

mnemonicsoup

full member

Activity: 200

Merit: 114

If more people would hodl instead of constantly speculating on micro movements the price would be much higher but perhaps it's still worth it to them. All my friends lost in the long run though, I prefer hodling.

OrangeP

sr. member

Activity: 358

Merit: 250

Quote from: TrueCryptonaire on March 21, 2017, 11:20:00 AM

Quote from: Dafar on March 21, 2017, 10:46:43 AM

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

Because Monero tends to drop.
Usually the rises are fast and take relatively short period and then the downslide will start and it usually takes months after months.

True true.

Monero really has this specific way of being down 9 out of 10 days but still manages to climb over time.
There is constant selling pressure.

Nothing like other coins. Probably drug dealers cashing out Wink

...

mambamanagement

member

Activity: 108

Merit: 10

hey I'm not upset about a retractment, just am bullish knowing dash has a ~800M market cap

DaveyJones

hero member

Activity: 768

Merit: 505

Quote from: mambamanagement on March 21, 2017, 12:18:07 PM

I was definitely wrong! thought it was bullish sentiment. oh well. I hold

How can you think of a bullish sentiment in a general market that is very over-heated... things have to drop/go sideways before we get at one-of-its-kind bubble with a retracement never seen. This drop is good... it keeps the market balance healthy.

mnemonicsoup

full member

Activity: 200

Merit: 114

Quote from: TrueCryptonaire on March 21, 2017, 11:20:00 AM

Quote from: Dafar on March 21, 2017, 10:46:43 AM

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

Because Monero tends to drop.
Usually the rises are fast and take relatively short period and then the downslide will start and it usually takes months after months.

This is ridiculous, look at it in $ terms, it's hardly moved for days, it went from 22.40 one day ago to 21.80 now. It was at 13$ ten days ago. Talk about ungrateful and demanding...

The $ chart is much more reliable because BTC moves so much. The pattern for the last months has been (in $ terms) upwards movements and holding the level in between with small fluctuations around 1-2$. It was the same when it was going sideways and fluctuating between 10 and 13$.

KeyJockey

hero member

Activity: 608

Merit: 509

Yeah, so much for the ATH talk... shoot. Guess we'll have to wait for something 'big' like maybe coinbase announcement for that again?

I was hoping the 020's would hold longer, honestly, but here we're back in 18's today -- BUT -- let's remember guys, not that long ago we were stuck in that interminable damn $7 to $9-ish range.

So really I tell myself anything over 015 for me is "comfortable", right? LOL just got a little too used to 020's... patience and HODL! We'll get there Wink

mambamanagement

member

Activity: 108

Merit: 10

I was definitely wrong! thought it was bullish sentiment. oh well. I hold

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: Dafar on March 21, 2017, 10:46:43 AM

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

Because Monero tends to drop.
Usually the rises are fast and take relatively short period and then the downslide will start and it usually takes months after months.

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: rangedriver on March 21, 2017, 02:28:24 AM

38.2% retraction boundary at 0.01905.

Undershot a little, but a pretty good call. I picked up some on a bid I left at 0.0189. However we seem to be uncertainly popping up and down according to BTC fluctuations now it's over $1070. I am hoping we break free of that and get up to a level over $22 again.

But it's hard to call - a strong BTC rally will look like the alt bubble is ending and money might rush back to BTC.

I don't think BTC will go up over 1100 in a hurry - too many will want to cash in, but if it does... Hmm..!

Adjusting my positions a little Wink

Raxitto

sr. member

Activity: 420

Merit: 250

The price of Monero is affected by several factors. The first factor will be the cost of the electricity needed to mine the blocks. It only compensates miners for mining if they can sell their currencies at a price equal to or greater than the cost of producing them. The second factor will be demand and supply in the market, ie the market's ability to absorb the currencies produced. In addition, there is inevitably market speculation.

ozkraut

sr. member

Activity: 522

Merit: 266

Quote from: KeyJockey on March 20, 2017, 05:53:41 PM

Also to OP, do you srsly believe saying something "is possibly a scam" and "don't buy it" is the SAME thing as recommending someone to SELL IT SHORT...?

These two things are VASTLY different, especially in terms of risk tolerance and personal *responsibility* for whatever may result from one's actions.

Anyway as Satoshi said, "If you don’t get it I don’t have the time to try to convince you, sorry".

(This entire exchange has probably just been a big trolling guys, LOL, looks like we fell for it. Maybe should be just deleted at all)

To the people looking for blame on the outside:

Caveat Emptor! This is crypto where you and only you are 100% responsible for your actions. Embrace it. Freedom comes with good and bad. Cant believe some sore losers are blaming anyone than themselves.

If, here's some guidance to make you a bigger person maybe:

https://www.poetryfoundation.org/poems-and-poets/poems/detail/46473

Else: I suggest to stay in the debt based economy! Nobody ever gets screwed there and there's regulation, chargeback and oversight and so much warm and fluffy (hah!) safety...

(couple of edits - wasn't directed at the quoted post but read like it.....)

rangedriver

hero member

Activity: 714

Merit: 504

38.2% retraction boundary at 0.01905.

KeyJockey

hero member

Activity: 608

Merit: 509

Also to OP, do you srsly believe saying something "is possibly a scam" and "don't buy it" is the SAME thing as recommending someone to SELL IT SHORT...?

These two things are VASTLY different, especially in terms of risk tolerance and personal *responsibility* for whatever may result from one's actions.

Anyway as Satoshi said, "If you don’t get it I don’t have the time to try to convince you, sorry".

(This entire exchange has probably just been a big trolling guys, LOL, looks like we fell for it. Maybe should be just deleted at all)

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: infofront on March 20, 2017, 02:47:11 PM

Quote from: megges on March 20, 2017, 01:25:45 PM

...

For most of Monero's lifespan, it was behind Dark Coin in market cap, so we got quite used to it. The Dark/Dash trolls never let up about how their high market cap "proved" their superiority over other alts, and Monero in particular. When Monero surpassed scamcoin's market cap, the shoe was on the other foot, so to speak. Of course this presented a good opportunity for some revenge prodding.

You won't find many here who believe that a coin's short-term market cap is proof of its legitimacy, acceptance, superiority, or anything else. Market cap it but one quality of many. In fact, we're all quite aware that scamdash's centralization makes these pumps very easy to engineer.

Furthermore, we confine 99% of our chatter about Monero's marketcap to this Speculation thread.

Contrast that to Dash's ANN, which is mostly low-info trollbox posts about "MOON?WHEN?SOON?"

It's funny DashHoles brag about having the longest thread despite it being so obviously full of empty talk about the latest pump. Grin

eid

hero member

Activity: 616

Merit: 500

Quote from: megges on March 20, 2017, 03:52:33 PM

Instead with the shorters who lost money its a different story, because its not one, not two, not three videos in which fluffy and his gang discredited dash, its many of them! And he clearly told in these videos that dash is a total scam and its not worth even a cent. So what will someone do who saw that and thought its the truth, right he would short after the first move from 10 to 20 dollar. And he will only short more the higher it goes (if he has money left, perhaps he will also sell his wife/mother/... if he hasen't), because with all these flaws and scams, dash is not even worth 1 dollar, not 10, not 20, .... -> but it turned out they got burned all and now its worth 100 dollar, so who did scam all the noobs? Fluffy or Dash?

Speaking as one of the people referred to above, I have to tell you that no, I did not short Dash after watching these videos, and you can rest assured my loved ones are safe (for now). That's because I have a brain (and not even a highly functional one).

What I did is put a little effort into reading up on Dash, after which I'm convinced Dash is indeed a scam, whether or not it's making some people profit.

Of course, if a low percentage of Dash victims actually try and realise that profit, the whole thing comes tumbling down. So much for market cap.

Johnny Mnemonic

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Merit: 514

Quote from: megges on March 20, 2017, 03:36:36 PM

Quote from: Johnny Mnemonic on March 20, 2017, 03:16:48 PM

Quote from: Fragbait on March 20, 2017, 03:12:58 PM

Quote from: Johnny Mnemonic on March 20, 2017, 03:11:15 PM

Quote from: Fragbait on March 20, 2017, 03:00:30 PM

This man speaks the truth. Just keep on listening to Fulffy and Icebreaker and Smooth and Generalthis and who else if you want to keep on losing money. Their track record so far certainly indicates that.

Good point. I lost so much money last year on Monero's 30x price increase Roll Eyes

Well your very own Pony told you not to buy Monero, so...

Now you're contradicting yourself. Should we be listening to our ill-informing masters or not?

sry to interrupt you here, but he said - the track record of fluffy shows how wrong he is.

* Fluffy told dash is crap and will go to 0 - instead it went x10.
* Fluffy told not to buy monero, instead it went x30.

So i don't understand your logic about where he is contradicting or where he is one time listening to fluffy and one time not.

These two examples are showing a 100 % wrong doing, in dash and in monero, and thats what Fragbait said.

So no clue what you understood from his post.

He said XMR supporters warning against dash (presumably in favor of XMR) was money-losing advice. I corrected him, saying that XMR outperformed Dash in ROI, even with its latest run to $100. He then says Fluffy advises not to invest in XMR, which is a retreat from his previous argument, and at the very least only establishes that Fluffy doesn't advise investing in anything.

But since we're splitting hairs, I will say that Fluffy doesn't tell anyone not to buy XMR. He says not to buy it unless you have a use for it.

Topic: [XMR] Monero Speculation - page 805. (Read 3314350 times)