@rpietila
Lol epic reply.
But.....when?
If ever I have been spectacularly wrong, it has been with timing. So all I am saying is that probably before March
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
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
Long term, I agree, your record is better
, 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