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Topic: [XMR] Monero Speculation - page 812. (Read 3314350 times)

hero member
Activity: 608
Merit: 509
March 17, 2017, 09:35:29 AM

Monero is the market leader, just look at the blockchain usage


Yes, well my theory about what may really be going on with this epic DashPump (outlined above) comes down to IF they can pull this off and artificially stimulate merchant adoption, giving Dashers new places to actually spend their coins, BEFORE the pumpers run out of fuel...?  They MAY be able to create the illusion of success long enough to transition into actually becoming bitcoin's replacement (assuming BTC continues to bang its head against the wall stagnating on the blocksize issue and BTC transactions keep getting slower and slower and more and more expensive, long enough to let something else take over).

IF this happens (latter part of paragraph above) it may mean that *yes*, Dash is worse technology than superior Monero, but it's still just a little bit better, enough, than Bitcoin... to take over BTC's role for people who don't really care about fungibility (privacy).

It doesn't affect Monero really as XMR being real fungible private anonymous *digital cash* will take it's rightful place in that role whether or not BTC or DASH is the non-fungible open blockchain transparent coin option.  Obviously I'd personally prefer to see XMR take over the role of BOTH things but that will depend on the average man on the street starting to actually care about his privacy, and that seems to be a tall order.

ANYWAY... bottom line, for me?  I want to VERY CAREFULLY WATCH AND TRACK the actual increase (possible?) of real Dash transactions... to detect if they're pulling this off successfully or not *before* the fake PUMP will lose fuel and dump back to where it started.

If their attempt works and actual transactions start happening (I have a small suspicion this ploy may actually succeed, even given low odds) then it will make sense to re-buy back into Dash (ugh!) as my crypto portfolio needs to be properly hedged against BTC's possible failure... even buy-in again at these inflated prices of $50 to $100 per coin -- IF it turns out that the DashMaster's ploy here will be successful.  If that happens, and bitcoin dies, and Dash starts replacing real BTC transactions in actual use by normal people, well... then $500+ per Dash coin isn't out of the question.

OTOH if their ploy fails?  If actual transactions don't start happening?  Well, then this was just a failed Epic Hail Mary Pass play and the fake DashPump bubble will crash down again to ten or twenty bucks a coin and we all will be just happy to have stayed out of the fray at all.

Comments?  Whatta you guys think?

And WHERE is the best place/way to monitor actual increasing Dash real world transactions IF it starts happening...?

P.S. {Edit} As just one recent example I've seen, where I've become concerned that this ploy may actually have a chance to succeed my favorite bitcoin online casino site www.bitcoinvideocasino.com recently unveiled, wait for it, www.dashvideocasino.com  Shocked  

AND they've said they have plans for several other altcoin specific sites including www.monerovideocasino.com but -- here's the thing -- they've started already with DASH.  

So, this is concerning. They did Dash first, and they did it pretty fast.

IF this kind of thing starts happening much more then, yes, maybe the DashMasters could actually have a shot at this Hail Mary Pass being successful (low odds, but still a shot...)
legendary
Activity: 1092
Merit: 1000
March 17, 2017, 09:28:52 AM
Looks like the Polo trading engine fucked up. Affected all the markets.

Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

We were probably going up a little bit too fast anyway. It seems like some peeps were getting a bit too excited.

From here 0.018 looks like a reliable floor taking the 38.2% retracement from the wave: 0.009222 - 0.02349.

Target is still 0.036+.


While some people might be excited I am still frustrated to see Dark coin replacing Monero as the market leader in anonymous currencies.
I hope there can be 2 anonymous coins but I am afraid there cannot be...

Monero is the market leader, just look at the blockchain usage

Unfortunately Dark coin is having 693 million market cap and Monero 319 million so this is not reflected there at least.
sr. member
Activity: 358
Merit: 250
March 17, 2017, 09:17:47 AM
Looks like the Polo trading engine fucked up. Affected all the markets.

Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

We were probably going up a little bit too fast anyway. It seems like some peeps were getting a bit too excited.

From here 0.018 looks like a reliable floor taking the 38.2% retracement from the wave: 0.009222 - 0.02349.

Target is still 0.036+.


While some people might be excited I am still frustrated to see Dark coin replacing Monero as the market leader in anonymous currencies.
I hope there can be 2 anonymous coins but I am afraid there cannot be...

Monero is the market leader, just look at the blockchain usage

Monero is the ultimate secure storage of value. It cannot be revealed, seized, tampered or dealt with in any way. The network is fully decentralized and cannot be stopped. For everything else, dash/pivx is a good value proposition.
sr. member
Activity: 453
Merit: 500
hello world
March 17, 2017, 08:22:59 AM
Looks like the Polo trading engine fucked up. Affected all the markets.

Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

We were probably going up a little bit too fast anyway. It seems like some peeps were getting a bit too excited.

From here 0.018 looks like a reliable floor taking the 38.2% retracement from the wave: 0.009222 - 0.02349.

Target is still 0.036+.


While some people might be excited I am still frustrated to see Dark coin replacing Monero as the market leader in anonymous currencies.
I hope there can be 2 anonymous coins but I am afraid there cannot be...

Monero is the market leader, just look at the blockchain usage
sr. member
Activity: 453
Merit: 500
hello world
March 17, 2017, 08:20:43 AM

cryptowatch.de
in Settings, change Chart Style and Theme
legendary
Activity: 1092
Merit: 1000
March 17, 2017, 08:18:53 AM
Looks like the Polo trading engine fucked up. Affected all the markets.

Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

We were probably going up a little bit too fast anyway. It seems like some peeps were getting a bit too excited.

From here 0.018 looks like a reliable floor taking the 38.2% retracement from the wave: 0.009222 - 0.02349.

Target is still 0.036+.


While some people might be excited I am still frustrated to see Dark coin replacing Monero as the market leader in anonymous currencies.
I hope there can be 2 anonymous coins but I am afraid there cannot be...
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
March 17, 2017, 08:04:28 AM
Looks like the Polo trading engine fucked up. Affected all the markets.

Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

We were probably going up a little bit too fast anyway. It seems like some peeps were getting a bit too excited.

From here 0.018 looks like a reliable floor taking the 38.2% retracement from the wave: 0.009222 - 0.02349.

Target is still 0.036+.


It is normal reaction for XMR touching previous TOP area. It seems that second assault is coming and we also should expect some swinging but I, personally, anticipate that dump effect this time could be less evident.
legendary
Activity: 2744
Merit: 1288
March 17, 2017, 06:50:29 AM
Really thought the BTC ETF would double my BTC in maybe a month or so. Instead XMR did it in 6 days?? I said my target was .0225 the other day, but that seems like a given now. Wonder how many more folks will hedge with Monero? The longer I hedge, the more I read the forums, and my interest grows. Clever marketing boyz Wink

Welcome.  Smiley
However, after spending some time in this thread you will realise our biggest flaw (according to our critics) is we do "no marketing".

Moneroj comes with lashings of irony though.


Welcome? I thought the XMR community was hostile and aggressive?  Wink

I know marketing is sore spot, that's why it's clever to have fundamentals as its backbone for marketing. The more you read, the more you see the light. Incidentally, XMR is getting pumped when China is up, wonder if there is any correlation given the capital controls being implemented? Pretty hard to blacklist moneroj... right? Fungibility is becoming more important as every year passes.


Monero community being hostile and aggressive on this forum is a myth. That come form when random people made a bitcoin clone that did not add nothing to crypto, maybe even add few unsolvable plans. When people question them, their only defence was. You are Monero shill and you are afraid of our coin. Those people many times not even hold any Monero. Just because of crypto knowledge had good opinion of Monero.

About your holdings. You dont need to hold only one coin. Just keep some Monero long term and that is it.
hero member
Activity: 714
Merit: 504
March 17, 2017, 06:10:38 AM
Looks like the Polo trading engine fucked up. Affected all the markets.

Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

We were probably going up a little bit too fast anyway. It seems like some peeps were getting a bit too excited.

From here 0.018 looks like a reliable floor taking the 38.2% retracement from the wave: 0.009222 - 0.02349.

Target is still 0.036+.
sr. member
Activity: 358
Merit: 250
March 17, 2017, 05:27:16 AM
Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
March 17, 2017, 05:24:25 AM
I expected dump on Monero but not as huge as we witnessed today. However, the rise was very volatile, so it is reasonable. Welcome to crypto madness.
legendary
Activity: 1457
Merit: 1001
March 17, 2017, 05:12:04 AM
sr. member
Activity: 358
Merit: 250
March 17, 2017, 04:59:20 AM
Buckle up and HODL / Buy more.

Monero seems to be doing better than others.
Decred, Maidsafe and Bitcoin are cheap right now.

Go pump my coins Smiley.
full member
Activity: 161
Merit: 100
<3 Crypto
March 17, 2017, 04:20:57 AM
Insane volatility and price turbulence ahead, buckle-up!  Cool
full member
Activity: 161
Merit: 100
<3 Crypto
March 17, 2017, 04:05:50 AM
Wow.

...

What a drop. Stress-test before shooting to ATH?
The same drop for eth/ dash ... not monero specific
some news on btc ? the btc price drop ?


I just looked at coincap.io, it happened to majority of top cryptos.
Then probably a whale(s) went on vacation... Cool
legendary
Activity: 2016
Merit: 1259
March 17, 2017, 04:02:37 AM
Wow.

...

What a drop. Stress-test before shooting to ATH?
The same drop for eth/ dash ... not monero specific
some news on btc ? the btc price drop ?


I tried to sleep.  Sorry, won't do it again.
sr. member
Activity: 445
Merit: 255
March 17, 2017, 03:56:20 AM
Wow.

...

What a drop. Stress-test before shooting to ATH?
The same drop for eth/ dash ... not monero specific
some news on btc ? the btc price drop ?
full member
Activity: 161
Merit: 100
<3 Crypto
March 17, 2017, 03:53:18 AM
Wow.



What a drop. Stress-test before shooting to ATH?
hero member
Activity: 795
Merit: 514
March 17, 2017, 03:47:45 AM
Wow.

jr. member
Activity: 40
Merit: 2
March 17, 2017, 02:50:01 AM
Really thought the BTC ETF would double my BTC in maybe a month or so. Instead XMR did it in 6 days?? I said my target was .0225 the other day, but that seems like a given now. Wonder how many more folks will hedge with Monero? The longer I hedge, the more I read the forums, and my interest grows. Clever marketing boyz Wink

Knock knock:  .0225

Well come in and make yourself at home.

What a lovely chart to wake upto this morning. Rangedriver was on the money yet again, think TC should have taken his bet  Grin
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