Topic: [XMR] Monero Speculation - page 959. (Read 3314350 times)
I'm buying some now after I sold a bunch at $7.30. Seems to be good long term investment.
After the 2013 bubble bitcoin did not start to recover until the weekly 200 MA was tested for nine months.
Context : BTC was > 6 years old at that time. How did it look for previous BTC bubbles with the weekly 200MA, when BTC was same age as XMR ?
Please explain why you would look at the weekly 200MA for an asset the age of XMR. Either I don't understand (very possible) or it is a pretty irrelevant comparison unless.
I think I am going to need some charts to understand your point please.
Go to bitcoinwisdom, put up a 200 MA on a weekly MtGox BTC/USD chart and you will see the weekly 200 MA worked for earlier bitcoin bubbles. XMR just tested the daily 200 MA.
Well FANBOYS!!! Admit it!! Adolf was right! N-rG was right! PID was right! BitcoinMagazin was right!
You ignored them, you insulted them and me! That's what you got haha! You got scammed!!!
How does it feel? And you tried to scam me too with you praying buy buy buy buy!!
Thank's for all honest members who made it possible to me to increase my BTC three times by shorting xmr. I closed it at 0.0065 and i am pretty pretty happy!!! I was motivated to go long now. I dont know if i do this because last days was horrible i was so nervous. I need a break for some days or maybe i will go long today
Thank you so so much!! (i dont mean you fanboys!!)
You ignored them, you insulted them and me! That's what you got haha! You got scammed!!!
How does it feel? And you tried to scam me too with you praying buy buy buy buy!!
Thank's for all honest members who made it possible to me to increase my BTC three times by shorting xmr. I closed it at 0.0065 and i am pretty pretty happy!!! I was motivated to go long now. I dont know if i do this because last days was horrible i was so nervous. I need a break for some days or maybe i will go long today
Thank you so so much!! (i dont mean you fanboys!!)
Have fun with your 10 dollar profit. Do not spend it all in ice cream and candy
Well FANBOYS!!! Admit it!! Adolf was right! N-rG was right! PID was right! BitcoinMagazin was right!
You ignored them, you insulted them and me! That's what you got haha! You got scammed!!!
How does it feel? And you tried to scam me too with you praying buy buy buy buy!!
Thank's for all honest members who made it possible to me to increase my BTC three times by shorting xmr. I closed it at 0.0065 and i am pretty pretty happy!!! I was motivated to go long now. I dont know if i do this because last days was horrible i was so nervous. I need a break for some days or maybe i will go long today
Thank you so so much!! (i dont mean you fanboys!!)
And it is totally useless to ask here if long i now a good strategie. Because you'll always say BUY BUY BUY. I'm so exicited to tripled my money just like this never listen to the 90%...it is written in every book. Thats why i listend to the few here who warned for XMR.
You ignored them, you insulted them and me! That's what you got haha! You got scammed!!!
How does it feel? And you tried to scam me too with you praying buy buy buy buy!!
Thank's for all honest members who made it possible to me to increase my BTC three times by shorting xmr. I closed it at 0.0065 and i am pretty pretty happy!!! I was motivated to go long now. I dont know if i do this because last days was horrible i was so nervous. I need a break for some days or maybe i will go long today
Thank you so so much!! (i dont mean you fanboys!!)
And it is totally useless to ask here if long i now a good strategie. Because you'll always say BUY BUY BUY. I'm so exicited to tripled my money just like this
never listen to the 90%...it is written in every book. Thats why i listend to the few here who warned for XMR. But what would aminorex do?
He picked a wrong time to go on a around the world cruise...
He usually disappears after the pumps are over. Either because he's depressed over the money he's losing or he has the decency to stfu after successfully scamming the noobs into buying his bags.
But what would aminorex do?
He picked a wrong time to go on a around the world cruise...last words I noticed from him was basically anything under 0.0188 is a buying opportunity. So would this be the sell your house and buy monero moment???
But what would aminorex do?
Survived the first attack on 0.007 but it's going to have to hold at least once or twice more today - my guess is it won't be able to and we will move to 0.0065 for a while before testing 0.006 in about 4-6 hours from now
It all depends on what btc does
Starting to look pretty sick...only 1100 btc worth of xmr in buy in polo and half a million xmr on sell side
Survived the first attack on 0.007 but it's going to have to hold at least once or twice more today - my guess is it won't be able to and we will move to 0.0065 for a while before testing 0.006 in about 4-6 hours from now
It all depends on what btc does
It really doesn't right now actually.
Survived the first attack on 0.007 but it's going to have to hold at least once or twice more today - my guess is it won't be able to and we will move to 0.0065 for a while before testing 0.006 in about 4-6 hours from now
It all depends on what btc does
Survived the first attack on 0.007 but it's going to have to hold at least once or twice more today - my guess is it won't be able to and we will move to 0.0065 for a while before testing 0.006 in about 4-6 hours from now
I believe that the value you are suggesting for Bitcoins is currently "out of reach" and will only be possible in a P&D scene
$4,000/BTC means a market cap of <70 billion USD. It's peanuts. It's basically a failure scenario. It means bitcoin was unable to surpass Australia and unable to become a medium of international exchange despite the extremely low quality of the competition (banks/paypal/western union/etc.) and unable to become a store of value despite having superior qualities to gold and other stores of value.
I'm not sure what kind of future you think bitcoin has, but in my model, I am giving bitcoin a 5-10% chance of becoming a Top 10 currency with a base money supply worth trillions of USD and more than 200 million users taken mostly from the wealthiest 10% of the world's population. This is going to mean that one bitcoin will be worth $X00,000 each. And you can guess what the strongest altcoins like XMR will be worth in that scenario.
If bitcoin breaks the ATH, the slingshot will happen. The slingshot, for those who haven't been following my posts, is where bitcoin goes up, leaving altcoins behind. But then altcoins rip upwards as everything in crypto becomes hot.
This is where you fight your instincts and keep your XMR despite XMR going down against BTC. There is a good chance that we see XMR reach a billion+ dollar market cap in 2017.
Bitcoin rips upwards to $4,000 - $8,000. XMR hits .025 or .05
Yes, that means $100-$400 XMR. But very few people will be mentally *able* to hold.
This is where you fight your instincts and keep your XMR despite XMR going down against BTC. There is a good chance that we see XMR reach a billion+ dollar market cap in 2017.
Bitcoin rips upwards to $4,000 - $8,000. XMR hits .025 or .05
Yes, that means $100-$400 XMR. But very few people will be mentally *able* to hold.
I believe that the value you are suggesting for Bitcoins is currently "out of reach" and will only be possible in a P&D scene, else there are no buyers or moves that are suggesting that the price would spike that hard... It will take a lot of time, we are to see a new ATH though that's for sure...
XMR is holding at BTC0.007 currently and I am seeing a reverse pattern currently being carried away against everyone's expectations, so we need something huge either as news or anything which could drive away XMR back to better prices...
I find that if I fear it dropping more I sell a few only and am all of a sudden happy and looking forward to getting more back if it continues to drop. Quite funny psychologically. Only a hand full like 30 or so.
If bitcoin breaks the ATH, the slingshot will happen. The slingshot, for those who haven't been following my posts, is where bitcoin goes up, leaving altcoins behind. But then altcoins rip upwards as everything in crypto becomes hot.
This is where you fight your instincts and keep your XMR despite XMR going down against BTC. There is a good chance that we see XMR reach a billion+ dollar market cap in 2017.
Bitcoin rips upwards to $4,000 - $8,000. XMR hits .025 or .05
Yes, that means $100-$400 XMR. But very few people will be mentally *able* to hold.
This is where you fight your instincts and keep your XMR despite XMR going down against BTC. There is a good chance that we see XMR reach a billion+ dollar market cap in 2017.
Bitcoin rips upwards to $4,000 - $8,000. XMR hits .025 or .05
Yes, that means $100-$400 XMR. But very few people will be mentally *able* to hold.
I believe that the value you are suggesting for Bitcoins is currently "out of reach" and will only be possible in a P&D scene, else there are no buyers or moves that are suggesting that the price would spike that hard... It will take a lot of time, we are to see a new ATH though that's for sure...
XMR is holding at BTC0.007 currently and I am seeing a reverse pattern currently being carried away against everyone's expectations, so we need something huge either as news or anything which could drive away XMR back to better prices...
If bitcoin breaks the ATH, the slingshot will happen. The slingshot, for those who haven't been following my posts, is where bitcoin goes up, leaving altcoins behind. But then altcoins rip upwards as everything in crypto becomes hot.
This is where you fight your instincts and keep your XMR despite XMR going down against BTC. There is a good chance that we see XMR reach a billion+ dollar market cap in 2017.
Bitcoin rips upwards to $4,000 - $8,000. XMR hits .025 or .05
Yes, that means $100-$400 XMR. But very few people will be mentally *able* to hold.
This is where you fight your instincts and keep your XMR despite XMR going down against BTC. There is a good chance that we see XMR reach a billion+ dollar market cap in 2017.
Bitcoin rips upwards to $4,000 - $8,000. XMR hits .025 or .05
Yes, that means $100-$400 XMR. But very few people will be mentally *able* to hold.
There were some bigger buys coming in when we just dropped to 0.00715 but it doesn't seem like enough to me to reverse the trend. I'm sad to say it looks like some sticky-ness just north of 0.007 for the next few hours before another drop back to test 0.006. I do see some secenarios where 0.006 bursts and we flash drop to 0.004x before a quick rebound back to 0.006.
Going to stick a few bids in and see what happens.
Going to stick a few bids in and see what happens.
Some USD support in this area:
Also the 78.2% Fibonacci level is at ~ 0.007.
Also the 78.2% Fibonacci level is at ~ 0.007.
Don't see how 0.007 doesn't get tested this weekend if that busts then 0.006 seems a certainty. I'd like to think it couldn't go lower than that though. This zcash hype is going to keep rolling and a rising bitcoin is a double whammy short term. Even a GUI release now wouldn't make much of a ripple imo.
Actually the Zcash launch couldnt have gone any better for Monero imo. The hype, the ridiculous price. I cant find words for that kind of stupid greedy frenzy.
This will be the most hated coin in a few weeks.
People are losing btc hand over fist right now, waiting for zcash to be back at 700 or 500 btc even! Its absolute carnage. Medication review alone will not suffice!
All those btc 'liberated' will flow back into the now bargain basement top alts in a hurry. Its a huge shakeout of the weak hands and possible extinction of the plain silly. This will cement Moneros place as no 1 privacy & financial sovereignity solution.
And that without the distinct possibility of technical issues with zcash at any time. Anybody want to be in that if it needs to fork?
With seemingly no interest in getting the official GUI ready, zero marketing and some actually discouraging newbies to buy
Monero - what else than going down can be expected? No matter how much of a centralized shitcoin ZEC is, it is now all over the place and everybody in crypto will surely know about it.
No matter now good the technology in XMR is, nobody knows about it and it is too difficult to use for average user, fall is what happens.
No point to argue these issues, this is the comment I get from people I have been discussing Monero with.
And to reply any nonsense in advance, I have been in XMR since mid 2015, been promoting and tweeting and giving funds for development.
Coding I can not do unfortunately.
Monero - what else than going down can be expected? No matter how much of a centralized shitcoin ZEC is, it is now all over the place and everybody in crypto will surely know about it.
No matter now good the technology in XMR is, nobody knows about it and it is too difficult to use for average user, fall is what happens.
No point to argue these issues, this is the comment I get from people I have been discussing Monero with.
And to reply any nonsense in advance, I have been in XMR since mid 2015, been promoting and tweeting and giving funds for development.
Coding I can not do unfortunately.
Don't see how 0.007 doesn't get tested this weekend if that busts then 0.006 seems a certainty. I'd like to think it couldn't go lower than that though. This zcash hype is going to keep rolling and a rising bitcoin is a double whammy short term. Even a GUI release now wouldn't make much of a ripple imo.
I agree with you there, I have some buy orders set at both levels though, the market conditions and trend suggest to me like there will be a little more to drop before any future bullish period. Jump to: