Topic: [XMR] Monero Speculation - page 960. (Read 3314350 times)
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.
@nioc
Why would I think that bagholders are devs ? Maybe because of this ?
https://bitcointalksearch.org/topic/null-input-error-1233817
And buying(accumulating) coins to dump them at a loss makes no sense. Also Lending page didn't move at that dump.
The two people mentionned in the first post are not really dev (but are /were proeminent members of various monero team).Why would I think that bagholders are devs ? Maybe because of this ?
https://bitcointalksearch.org/topic/null-input-error-1233817
And buying(accumulating) coins to dump them at a loss makes no sense. Also Lending page didn't move at that dump.
The current dumping is due to the zcash hype (people buying zcash now for holding will suffer: the current price is due to very low current supply : mining reward is very low the first weeks to prevent instant mining, but will increase sharply after. Nevertheless, due to the rich investors behind zcash, this anonymous will keep high trading volume and keep some relatively high price).
Risto's statement of not having good news ahead might imply that indeed the GUI will not be released...
I have my bids in the market and they are set up in the manner that they will taken when Monero is beaten from live in a brutal manner.
I have my bids in the market and they are set up in the manner that they will taken when Monero is beaten from live in a brutal manner.
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.
After the 2013 bubble bitcoin did not start to recover until the weekly 200 MA was tested for nine months.
Gettin close to first target
I see this will go nowhere so I'll only say this;
devs = bagholders; why not
bagholders = devs; they can't all be devs
s. nioc, janitor - Monero World Headquarters
devs = bagholders; why not
bagholders = devs; they can't all be devs
s. nioc, janitor - Monero World Headquarters
@nioc
Why would I think that bagholders are devs ? Maybe because of this ?
https://bitcointalksearch.org/topic/null-input-error-1233817
And buying(accumulating) coins to dump them at a loss makes no sense. Also Lending page didn't move at that dump.
Why would I think that bagholders are devs ? Maybe because of this ?
https://bitcointalksearch.org/topic/null-input-error-1233817
And buying(accumulating) coins to dump them at a loss makes no sense. Also Lending page didn't move at that dump.
The real question is, how profitable is for bag holders ( devs ) to dump the coin that low and scare away investors and buyers/sellers ?
The price is currently recovering from its loss and I think there might be some correction if a dump is actually going to be done...
A coin is not just for bagholders, but yeah, the darknet guys are now into getting their money in their fiat which is why it is obvious that they would sell XMR for Bitcoins...
Dumping almost 100k in one instance is not from some seller/buyer but from a bagholder, at least I see that way.
Well there was accumulation the last few days and then the day hype coin is released it's competitor gets dumped on in the span of a few minutes. Maybe, maybe not. But as you seem to imply it doesn't make much sense for a bagholder to dump here.
I have no idea why you equate the bagholders as devs. Neither TC nor I are devs, I'm just the janitor, and it seems that most bagholders are not devs.
I did buy at the bottom of the dump.
As far as DNM guys selling their XMR, it seems that would already have happened some time ago.
IAAJ s. nioc
The real question is, how profitable is for bag holders ( devs ) to dump the coin that low and scare away investors and buyers/sellers ?
The price is currently recovering from its loss and I think there might be some correction if a dump is actually going to be done...
A coin is not just for bagholders, but yeah, the darknet guys are now into getting their money in their fiat which is why it is obvious that they would sell XMR for Bitcoins...
Dumping almost 100k in one instance is not from some seller/buyer but from a bagholder, at least I see that way.
The real question is, how profitable is for bag holders ( devs ) to dump the coin that low and scare away investors and buyers/sellers ?
The price is currently recovering from its loss and I think there might be some correction if a dump is actually going to be done...
A coin is not just for bagholders, but yeah, the darknet guys are now into getting their money in their fiat which is why it is obvious that they would sell XMR for Bitcoins...
The real question is, how profitable is for bag holders ( devs ) to dump the coin that low and scare away investors and buyers/sellers ?
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
In this case, nothing is preventing testing 0.004. That one will hold
Risto,
Can you clarify "XMR does not have positive news"? Is the bad news that XMR is in a downward trend looking for its floor or is the bad news more sinister such a security breach or major delay in releasing new code?
I agree that I see no reason for XMR to not drop back to 0.004.
Thanks,
I don't think he implied any "bad news", rather that there may be a short term lack of "good news" - you know, stuff that makes people with short attention span buy and then post the news links in the trollbox.
Personally I disagree, there is so much good news that could happen any day.
Thanks!
While I like seeing the price of XMR rise as much as anyone, I would rather see the price fall in line with real value, then appreciate in line with reality. I know that is wishful thinking in the hysterical world of crypto. So the question begs... what is the real value of XMR? And I am sure everyone has a few different answers.
I am only concerned with the price of XMR from a buying point of view. I increased my holdings substantially as the price has been pulling back, having met my short term acquisition target, I am wondering if the best strategy is to withdraw buy orders and wait for the price to settle. I would not mind buying XMR at a 50% discount.
In the mid-term... next 2 years... I hope that XMR achieves price stability which will make XMR much more attractive as hedge and long-term storage of value.
Meanwhile, a Monero buyer has snuck back into the room ...
Oops ... looks like I didn't spot the bear about to bust down the front door
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
In this case, nothing is preventing testing 0.004. That one will hold
Risto,
Can you clarify "XMR does not have positive news"? Is the bad news that XMR is in a downward trend looking for its floor or is the bad news more sinister such a security breach or major delay in releasing new code?
I agree that I see no reason for XMR to not drop back to 0.004.
Thanks,
I don't think he implied any "bad news", rather that there may be a short term lack of "good news" - you know, stuff that makes people with short attention span buy and then post the news links in the trollbox.
Personally I disagree, there is so much good news that could happen any day.
....and you paid off the only one who predict all of that correct...congratulations!
Does anyone here can tell me how deep XMR will fall? When to close my short?
Is at least PID still here? Or Adolf? Anyone?
i closed my short way too early(at 0.01) totally did not expect a horrible drop like this, missed the re-shorting opportunity at 0.0094 and gave up the final short i did for a tiny profit again at 0.0089Does anyone here can tell me how deep XMR will fall? When to close my short?
Is at least PID still here? Or Adolf? Anyone?
I really did not expect xmr to do this bad, i am actually surprised. At least i refrained from buying this shit and i unlike most people in this thread now have more money than i started with(due to btc increase).
This 'bad'? Jeez - we are way up from a couple of months ago. Just because you are late to the party, please don't use your distorted perspective rule your head. XMR is better than zcash, so once the hype is over - where do you think the money will look to go?
Sell, by all means, if you're scared - but some of us have been here a little longer than you and we know what will happen by next spring. Do you want to be at the party, or cursing on the side lines?
It's a long game. Don't panic. Not yet. Unless you really think zcash is WORTH 3000 BTC...
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
In this case, nothing is preventing testing 0.004. That one will hold
Risto,
Can you clarify "XMR does not have positive news"? Is the bad news that XMR is in a downward trend looking for its floor or is the bad news more sinister such a security breach or major delay in releasing new code?
I agree that I see no reason for XMR to not drop back to 0.004.
Thanks,
....and you paid off the only one who predict all of that correct...congratulations!
Does anyone here can tell me how deep XMR will fall? When to close my short?
Is at least PID still here? Or Adolf? Anyone?
i closed my short way too early(at 0.01) totally did not expect a horrible drop like this, missed the re-shorting opportunity at 0.0094 and gave up the final short i did for a tiny profit again at 0.0089Does anyone here can tell me how deep XMR will fall? When to close my short?
Is at least PID still here? Or Adolf? Anyone?
I really did not expect xmr to do this bad, i am actually surprised. At least i refrained from buying this shit and i unlike most people in this thread now have more money than i started with(due to btc increase).
And what about XMR capitulation ?
It's still WAY above where it was when most of us bought it... You're new here, wait, watch and learn a little?
And when zcash ends in profuse tears, most people will realise what private money is worth and where to buy it for less than 3000 BTC a pop ;-)
And what about XMR capitulation ?
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