Author

Topic: [XMR] Monero Speculation - page 944. (Read 3314350 times)

legendary
Activity: 1456
Merit: 1000
November 11, 2016, 01:12:25 PM
Vitalik now says he is adding zero knowledge proofs to Ethereum.

https://bcvcsc.tumblr.com/post/153042132297/ethereum-to-add-zcash-privacy-says-vitalik
sr. member
Activity: 453
Merit: 500
hello world
November 11, 2016, 12:57:02 PM
guys be nice  Kiss

situatuion is hot no doubt, bets have been placed all around the table.
shorts are open and remain confident, besides at least 30k being closed (probably at a loss) in the last few hours.

the GUI pictures have been posted because there have been very old pics in circulation and it was time to give an update Smiley

good luck guys
legendary
Activity: 2702
Merit: 2053
Free spirit
November 11, 2016, 10:50:25 AM
and you get a question mark!

donator
Activity: 1722
Merit: 1036
November 11, 2016, 10:28:50 AM
Its ironic how faggots on the official sub reddit post loads of pseudo-positive stuff including some wallet GUI preview snapshots (yeah that same infamous GUI wallet people compiled months ago without having found any bugs). Even jaxx walletmakers dropping the support in late october were aware its not the best time and place to release anything. Better hedge themselves, wait for 1-2 weeks. Especially if u acknowledge that u deal with a single-handedly pumped market LOL

Should BTC reach 950 USD this year, xmr will simply continue going down the toilet sink. I say 0.0025-0.004 will be the buying range by the end of the year.

So you want to say that Jaxx CEO = Poloniex CEO = Fluffypony = Apple CEO = smooth = reddit CEO = rpietila?

Sounds legit.

(I take it as a compliment that I am the End.)
legendary
Activity: 2744
Merit: 1288
November 11, 2016, 10:27:06 AM
Its ironic how faggots on the official sub reddit post loads of pseudo-positive stuff including some wallet GUI preview snapshots (yeah that same infamous GUI wallet people compiled months ago without having found any bugs). Even jaxx walletmakers dropping the support in late october were aware its not the best time and place to release anything. Better hedge themselves, wait for 1-2 weeks. Especially if u acknowledge that u deal with a single-handedly pumped market LOL

Should BTC reach 950 USD this year, xmr will simply continue going down the toilet sink. I say 0.0025-0.004 will be the buying range by the end of the year.

So you want to say that Jaxx CEO = Poloniex CEO = Fluffypony = Apple CEO = smooth = reddit CEO = rpietila?
newbie
Activity: 8
Merit: 0
November 11, 2016, 08:21:16 AM
Its ironic how faggots on the official sub reddit post loads of pseudo-positive stuff including some wallet GUI preview snapshots (yeah that same infamous GUI wallet people compiled months ago without having found any bugs). Even jaxx walletmakers dropping the support in late october were aware its not the best time and place to release anything. Better hedge themselves, wait for 1-2 weeks. Especially if u acknowledge that u deal with a single-handedly pumped market LOL

Should BTC reach 950 USD this year, xmr will simply continue going down the toilet sink. I say 0.0025-0.004 will be the buying range by the end of the year.

Two weeks ago you thought of XMR being undervalued? What made you jump ship?
hero member
Activity: 1150
Merit: 502
November 11, 2016, 07:48:47 AM
Its ironic how faggots on the official sub reddit post loads of pseudo-positive stuff including some wallet GUI preview snapshots (yeah that same infamous GUI wallet people compiled months ago without having found any bugs). Even jaxx walletmakers dropping the support in late october were aware its not the best time and place to release anything. Better hedge themselves, wait for 1-2 weeks. Especially if u acknowledge that u deal with a single-handedly pumped market LOL

Should BTC reach 950 USD this year, xmr will simply continue going down the toilet sink. I say 0.0025-0.004 will be the buying range by the end of the year.
legendary
Activity: 2702
Merit: 2053
Free spirit
November 11, 2016, 04:06:08 AM
if someone wants to pump up a bit they can easily do that with their 10k coin pumps.



  Roll Eyes   Wink
legendary
Activity: 2744
Merit: 1288
November 10, 2016, 04:43:14 PM
OK, I decided. About 2 years ago i read about a trading philosophy where when price double you sell 10% or something like that. It was so nice I said I will follow it, but never really decide where would be point that price doubled. So today i got to a conclusion that I will sell 10% when price reached $40. I picked $40 because i expect many will want to sell some when price reach $50 and price might have troubles getting there.

I had not decided yet when to sell my next 10% When price doubles so at $80 or wehn price go x10 so $400. I guess will have soem time to make this decision.


What I wonder now is if the price will reach $40 in 2017, or will have to wait financial crisis in 2018?  I might change my mind then. Sad


Oh and if price by some chance goes to $3, then my  10% sale at $40 will be just way lovelier.
member
Activity: 69
Merit: 10
November 10, 2016, 04:25:11 PM

Really? That's your takeaway ? Lol  Cheesy

EDIT: I may have misunderstood, but I took this to mean that you think I am preaching ... not sure how posting 'stats' would qualify as that.
hero member
Activity: 722
Merit: 500
November 10, 2016, 04:14:19 PM
member
Activity: 69
Merit: 10
November 10, 2016, 04:01:44 PM
@rpietila

Lol epic reply.

But.....when?  Tongue

If ever I have been spectacularly wrong, it has been with timing. So all I am saying is that probably before March  Grin

I think you misread what smoothie was high-fiving ...


I was originally on the opinion that we'll see it grinding down for some more time, but actually the momentum points towards a capitulation in a week.


That was a terrible call if anyone listened - they would be 40% offside by now. Nov 2nd 8pm .. we were at about .006 lol



My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.

In this case, nothing is preventing testing 0.004. That one will hold Smiley

That one was OK, short term, if someone covered in the subsequent dip an is not still waiting for .004



I am calling a bottom at 8888.

- Just feels like that
- Dip below 0.01 was defended with reasonable volume and bounced back above
- Hammer in daily yesterday (albeit red)
- In accordance with everything I said since the pump started
- Lucky number.



Another very bad call - made about 10 days before the current low of .0058


I've got no issue with you giving your opinions, but I think you are either massively overstating your ability to predict short term movements in this market or simply talking your book at times.
Neither gives me the confidence to consider your call of .004 nor recommend that anyone else should. Time will tell.
I kinda hope you are right as would absolutely love to buy some at that level  Grin

Long term, I agree, your record is better  Wink, but short term moves, not so much.

FWIW, I do see the chance of lower lows IF BTC rallies hard from here soon. But given that risk markets have stabilised at higher level than the 'Trump surprise', and gold is currently lower than before the election, I think that is unlikely.

Meanwhile  we have GUI and Jaxx imminient, and Ring CT only 2 months away, plus other numerous positive developments in the pipeline created by the attention caused by the rally, so the opportunity for lower lows would seem to me to be decreasing by the day in the absence of a strong BTC upmove. The two seem to be in opposition and I could see us holding ground against BTC if the rally is not soon enough and strong enough.
Holding steady in $'s as BTC moved up, I could see that too til it topped and 'the catapult' was released.

Of course there are many 'unknown  unknowns' out there too!!
(I am half expecting to see Alphabay announce that they are ditching XMR to manipulate the market and buy in cheaper again. But I certainly would not trade based on that possibility ...)



TL;DR : Please don't preach your predictions like they are gospel. Your record recently is nothing to shout about and its kind of embarrassing that you think it is


On another note, I hope you find peace of mind in your castle and wish you luck planning your future from there, whatever you may choose  Smiley






 
legendary
Activity: 1806
Merit: 1164
November 10, 2016, 03:28:31 PM
XMR is in a trading range now with heavy overhead resistance at .01. Monero has been making 6% swings in under 15 minutes. Too risky to trade right now and the risk/reward is not good for buy and hold at these prices. You cannot set reasonable stops the day traders will eat you alive. Better to wait until price breaks through .011 then pulls back to support to buy. It is safer to join in a bull trend once it starts. No one knows which way price is headed if bitcoin takes off again money will flow from Monero to bitcoin and price could tank again.
newbie
Activity: 2
Merit: 0
November 10, 2016, 02:33:05 PM
About 12-14 more days, and then capitulation near 0.0044. When that has happened, I'll tell if it was the last chance to buy low, or whether there'll be a double bottom later, confirming the new trading zone to be above 0.0042.

- Accumulate near 0.006 if you are totally out now
- Do not touch 0.005-0.006 (falling knife)
- Buy at the capitulation area in 0.004-0.005
- If it dips below 0.004, margin long

Considering the news about the GUI do you think that your prediction is still accurate? When do you think the GUI will be released?
The last bull run caught me on the wrong direction. I was expecting the prices to drop taking into consideration the history of the coin.
 
https://www.reddit.com/r/Monero/comments/5c9fnt/for_everyone_eager_to_see_the_gui_heres_a_preview/
donator
Activity: 1722
Merit: 1036
November 10, 2016, 10:41:11 AM
Let me correct you here. TheKoziTwo also called something very similar during the rally.

You weren't the only one.

Thank you Sir.


You too.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 10, 2016, 10:38:45 AM
attention, despite the fact that his last public call was apparently spectacularly wrong.

Check it out yourself. It was in FACT totally correct. I was the only whale calling bullshit on the whole rise, and predicted the fall to 0.01 and now I am predicting touching 0.004-0.005, not religiously, but as a trading advice that will on average be profitable.

Obviously I could not have made my riches if I had been more wrong than correct over the 20 years I have invested in stock (18 years online).

You are a piece of evidence that people prefer to be influenced by 2nd hand information that includes interpretation and emotions they should feel...  Tongue

Instead of paying attention to the source.

Let me correct you here. TheKoziTwo also called something very similar during the rally.

You weren't the only one.
hero member
Activity: 608
Merit: 509
November 10, 2016, 10:35:30 AM

So should I listen to this guy?  I normally ignore most external crypto trading advice, but ...


IMHO it's prudent to "listen to" everyone but consider the source and still make up your own mind on your own investment (or gambling LOL) decisions.


I'm a long term monero holder, until recently feeling reasonably bullish with our bounce off of recent lows.  But as an opportunistic trade I think bitcoin will continue to rally toward the end of the year and therefore monero and other alts may continue crashing, so perhaps an opportunity to buy back cheaper.


FWIW I'm in the same boat, and strongly considering Risto's POV primarily because he's the guy whose first postings about Monero over two years ago initially got me into XMR at all.  For that I have to thank him, he took the time and made the effort to help a lot of people SEE the POTENTIAL of XMR 'way back when. That alone is noteworthy and deserving of "credit where credit is due".

THAT SAID, my own position right now is a little more middle ground than it was, LOL.

I was totally OUT of XMR there for awhile on the speculation that the downtrend would continue, we'd hit 0.004, and I'd be able to buy back twice the XMR that I'd sold off (*all* of my initial stake that I'd been HODL'ing since first taking Risto's advice two years ago...)

But HONESTLY it felt too PAINFUL to NOT be HODL'ing any MONERO any more!!!  I hated the feeling!!!

And now there's a bump UP again looking like maybe we're off to the races again, maybe soon?  But Risto's still saying wait for 0.004...?  AAAAA, what to do?

LOL

My solution is I'm now back IN but only HALFWAY.  Bought back half what I sold off (at a small profit gain, not much but enough to make it worth the effort).

If/when we hit 0.004 (or maybe 0.005 not to be greedy) I'll buy back the other half (plus maybe a little more, "back up the truck" so to speak LOL)

This way I've locked in at least one "doubling" profit denominated in BITCOIN from my original investment two years ago and all the rest of the XMR is now "free and clear, house-money profit".  It can go to ZERO and I won't care (actually I will *care* but not so much, easy come easy go eh? LOL)

I think this is a reasonable middle ground to be able to weather whatever may be coming, but of course Your Mileage May Vary... hope this helps some folks out there struggling with how to interpret all the conflicting 'advice' and opinions around here Smiley






donator
Activity: 1722
Merit: 1036
November 10, 2016, 10:33:38 AM
Lol epic reply.

But.....when?  Tongue

If ever I have been spectacularly wrong, it has been with timing. So all I am saying is that probably before March  Grin
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 10, 2016, 10:27:30 AM
Sorry for posting the personal info here. If you want to discuss it further, there is another thread for it now, and you easily find from my post history.


As for Monero speculation, almost everything reinforces my belief that the downtrend is still upon us. The pattern of lower highs and lower lows continues.

The only thing that gives some light is the high-ish volume in the last dip (to 0.0058). If in the next dip, the volume intensifies near that level, we might form a double bottom there instead of 0.004 (which still is my primary projection, as a capitulation range, not as a target price).

0.004 would clean the air and establish the trading range to 0.004-0.010 for the time being (spring rally is only a few months away Wink ).

If no 0.004 now, then there just remains the risk that the capitulation will come later, and what is the fun with that  Cheesy

I fully agree with you. The BTC Capitulation will indeed be around 0.004-0.006 XMR.

Lol epic reply.

But.....when?  Tongue
Jump to: