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Topic: [XMR] Monero Speculation - page 89. (Read 3314316 times)

legendary
Activity: 2744
Merit: 1288
August 24, 2020, 01:40:16 PM
Apparently one of biggest if not the biggest darkmarket went down two days ago. On Empire market users mostly did not use Monero. If Empire market dont come back its users will most likely move to other dark markets. Probably not that few to Monero only dark markets.   
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
August 24, 2020, 10:53:50 AM
^  Yup...  or more.  I mean wtf are doing here gambling with alts, sports or cards, except to win some more BTC for our bags or hide them in XMR or just launder them through it.

I could see a 'see, we told you buy XMR' future tho.
legendary
Activity: 2604
Merit: 1748
August 23, 2020, 03:44:16 PM
[...] but I was starting to listen to the own 1 bitcoin mantra.
[...]


I think owning a whole bitcoin, whatever happens, is still solid advice.

Word.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
August 23, 2020, 10:35:52 AM
[...] but I was starting to listen to the own 1 bitcoin mantra.
[...]


I think owning a whole bitcoin, whatever happens, is still solid advice.
legendary
Activity: 2702
Merit: 2053
Free spirit
August 23, 2020, 07:41:02 AM
Will there be any dip in Monero in the near future? what do you guys think?

I was holding a safety bitcoin, but I think Id like to flip it back now without too much loss.

Did it at something like 068 yes way too late, but I was starting to listen to the own 1 bitcoin mantra.

I did this "mistake" before and it was costly.
hero member
Activity: 1928
Merit: 538
August 23, 2020, 07:22:55 AM
this paper explains BTC coming price, but IMHO is also applicable to moreno.

Why buy and hold predominates on practical use (while not excluding it) .

https://tomluongo.me/2020/08/21/market-friday-bitcoin-vs-the-man/
legendary
Activity: 2016
Merit: 1259
August 22, 2020, 08:09:03 PM
It's managing to stay up back over .008, I think that says something.  As the big beast rises back up again, Monero will too but I also think it will continue to increase in value against BTC.

My gut feeling is that we will not be unhappy with where XMR is by the month end and into Sept.  

Beyond that things are difficult to call as I think Bitcoin has been going through faster, then slower blocks and difficulty weirdness.  This will settle, though. The test of the mid $11K range was a little odd and it should be back pretty quickly to a better price.  Too much is going on that is positive for Bitcoin right now, no one bar the miners are selling.  Who the hell wants to cash out, or even spend Bitcoin right now?  It can't stay at this level for long.

We will just have to wait and see, but short term it's looking good and for now XMR should ride it well.

My mystical chart has BTC breaking upward mid September.  XMR seems as always to be a wild card, but its due to take a bigger chunk out of BTC.  Overdue, methinks.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 22, 2020, 08:05:24 PM
I watch binance, volume has been super low for quite awhile now. People are not giving up their coins so readily.

binance dog eaters is the most legit xmr exchange? :-D lol tell me more!

Ohh, I learned a new insult.


legendary
Activity: 2604
Merit: 1748
August 22, 2020, 07:06:15 PM
It's managing to stay up back over .008, I think that says something.  As the big beast rises back up again, Monero will too but I also think it will continue to increase in value against BTC.

My gut feeling is that we will not be unhappy with where XMR is by the month end and into Sept.  

Beyond that things are difficult to call as I think Bitcoin has been going through faster, then slower blocks and difficulty weirdness.  This will settle, though. The test of the mid $11K range was a little odd and it should be back pretty quickly to a better price.  Too much is going on that is positive for Bitcoin right now, no one bar the miners are selling.  Who the hell wants to cash out, or even spend Bitcoin right now?  It can't stay at this level for long.

We will just have to wait and see, but short term it's looking good and for now XMR should ride it well.
legendary
Activity: 2016
Merit: 1259
August 22, 2020, 05:46:39 PM
In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.

Yup... Bitcoin as always dictates the market.  Sub $11,500 was a bit 'ouch' but normal service will be resumed soon. 

OK, let's try this again.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
August 22, 2020, 09:08:38 AM
Such volume, much W0W


What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.


I watch binance, volume has been super low for quite awhile now. People are not giving up their coins so readily.

binance dog eaters is the most legit xmr exchange? :-D lol tell me more!
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
August 22, 2020, 08:55:28 AM
The bottom picture is an idea. does it works in 2020 Criptoverse? We will see, but it did not really showto work this past week. Smiley
https://web.getmonero.org/2020/08/18/network-upgrade-october-2020.html

The biggest research in 2020 and 2021 will be most likely Triptych. If that will work and be successfully implemented that will be really huge.  



Fabulous news in the highly appreciated work of our DEV team  Cool Shocked Grin Cheesy Wink
legendary
Activity: 2744
Merit: 1288
August 22, 2020, 07:31:24 AM
The bottom picture is an idea. does it works in 2020 Criptoverse? We will see, but it did not really showto work this past week. Smiley
https://web.getmonero.org/2020/08/18/network-upgrade-october-2020.html

The biggest research in 2020 and 2021 will be most likely Triptych. If that will work and be successfully implemented that will be really huge.  

legendary
Activity: 2604
Merit: 1748
August 22, 2020, 04:22:56 AM
In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.

Yup... Bitcoin as always dictates the market.  Sub $11,500 was a bit 'ouch' but normal service will be resumed soon. 
legendary
Activity: 2016
Merit: 1259
August 22, 2020, 01:01:15 AM
In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.

Not yet, but...  Soon.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
August 21, 2020, 08:41:57 PM
In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.
legendary
Activity: 2604
Merit: 1748
August 21, 2020, 03:39:16 PM
Right now it's a bit more than 3.75% in the past 24 hours, closer to 10% in fact.

I stand corrected. And impressed  Smiley

And that is a rise against BTC.  If XMR/BTC can just get up into middling historic levels, say the mid teens - and Bitcoin has the year most expect in 2021, then in USD terms, 10X is plausible.

I care only about XMR/BTC. But I understand your point.

What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.

Afaik Binance has the bigger share of the volumes. https://www.worldcoinindex.com/coin/monero
So I use to get the price from Binance. And as I stated, I care only about XMR/BTC. https://bitcoinwisdom.io/markets/binance/xmrbtc


Respect for a decent response, we are on the same side, Sir.

I only really care about XMR/BTC too. In crypto Bitcoin is king, we must judge any coin by its value in BTC - especially as fiat deteriorates.  I mentioned the USD price as it's a significant signpost on the road we travel along.  That said, seeing us at (say) north of 0.017 again against BTC is my real wish, of course. 

If we are right to have hodled for all this time, it will come.  And in all honesty, I think we are... right.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
August 21, 2020, 10:46:24 AM
[...] On 15th February price was 0.0095 btc.  Tesla share is more then double of the pre covid-19 price. There is no reason why Monero would not reach pre covid-19 price right now.


Why, because they both need electricity to work?  Cheesy
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
August 21, 2020, 08:15:36 AM
Alright, after a rip like yesterday no surprise we pull back especially in this overall crypto market being in a natural, healthy contraction.

I would just love to see Monero form a new base here... hopefully north of .008 from which to continue it's well deserved appreciation.

In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.  But I think we should see fairly decent support at 81 even if we dip that low.
legendary
Activity: 2744
Merit: 1288
August 21, 2020, 06:31:10 AM
LOL. That August 22th 2016 chart was just for good memories. 
What we have now ahead is to make this years ATY in Bitcoin. On 15th February price was 0.0095 btc.  Tesla share is more then double of the pre covid-19 price. There is no reason why Monero would not reach pre covid-19 price right now.
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