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Topic: [XMR] Monero Speculation - page 962. (Read 3314350 times)

legendary
Activity: 2702
Merit: 2053
Free spirit
October 28, 2016, 06:02:33 AM
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

Is it a dip to 0.01 or is it that bitcoin value rose a bit
sr. member
Activity: 453
Merit: 500
hello world
October 28, 2016, 05:12:57 AM
the current bitoin issue could spark short term interest, especially in darknetmarkets, who want transactions to clear fast and without hassle, therefore it could have relevance even short term. given that price is fairly stable right now, the combination of those 2 things might be helpful for adoption
donator
Activity: 1722
Merit: 1036
October 28, 2016, 04:52:44 AM
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.

I would not forget the blocksize issue here.
hero member
Activity: 493
Merit: 551
October 28, 2016, 04:23:15 AM
+zcash will suck volume out of alts

Because big money will be moved into a not liquid coin with a price around 0.5 BTC? Of course.  Roll Eyes
legendary
Activity: 2282
Merit: 1050
Monero Core Team
October 28, 2016, 04:22:21 AM
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

I would not forget the blocksize issue here. When it takes a day or more for a transaction to clear the Bitcoin network, this becomes an issue with a real end user impact.  https://bitcointalk.org/index.php?topic=1661792.0;all. Every time the price of Bitcoin starts to move this issue rises with its ugly head and puts a damper on the excitement.
hero member
Activity: 868
Merit: 1000
October 28, 2016, 04:17:31 AM
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

+zcash will suck volume out of alts
donator
Activity: 1722
Merit: 1036
October 28, 2016, 04:02:30 AM
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
legendary
Activity: 981
Merit: 1005
No maps for these territories
October 28, 2016, 03:52:10 AM
Monero - 0.01 => 0.026 => ? (how many) do you think?
   


Probably once BTC tops we will have the next up wave. Where and when is the question. The GUI should generate a nice spike too.
hero member
Activity: 687
Merit: 500
novag
October 28, 2016, 03:26:13 AM
Monero - 0.01 => 0.026 => ? (how many) do you think?
   
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
October 28, 2016, 12:45:41 AM
What happened to TrueCryptonaire??


The signs were clear a month ago... BTC was on the verge of a rise and alts would clearly get demolished. Some folks still don't learn



Bitcoin is now Pump that have a certain amount of drain at a higher price in November will drop to 400-500$ and maybe less altcoins the rest will go to the mountain.

Btc will rape the altcoins in November..... Prepare for carnage if you are not in btc and holding some worthless alts when btc breaks the last ATH and STAYS up there!

BTC will dump in Nov - Dec to unkown.


You have no idea what you're talking about

2017 is looking to be a better year than 2016

I am waiting for the Monero dump but apparently there is nobody willing to fill my bids anymore.  Cry

Well shit, TC, why didn't you say so. All I gots to do is buy more XMR and the price will drop right into your pocket!

j/k sort of. I am still bullish and way too much in...

I buy when the price slides down. Monero likes down hill and it has always been like this. Monero usually drops 5-10 % and bounces after that 3-5 %  and thus the price slightly declines so it requires some patience and long term planning to acquire Moneros.
Every once and while (1-3 times a year) the price rises to the peak where it is possible to sell some coins. Dumping is not recommended at the peak because it lowers the amount of bitcoins you get from the buyers. Much better strategy is to put asks in front of the spot and waite until some bullish guy comes to pick them up. Never sell all your Moneros either because there is always potential to rise higher.
No matter what you think guys, monero will definitely give us profit in the following months.. Be positive that monero will rise again and that is the only way we can see the price to rise, I know some of us here lose our appetite in buying as we were dismay of the weak showing of monero but that how it works, if there's a fall back there's a rise up..
legendary
Activity: 1092
Merit: 1000
October 27, 2016, 11:29:41 PM
What happened to TrueCryptonaire??


The signs were clear a month ago... BTC was on the verge of a rise and alts would clearly get demolished. Some folks still don't learn



Bitcoin is now Pump that have a certain amount of drain at a higher price in November will drop to 400-500$ and maybe less altcoins the rest will go to the mountain.

Btc will rape the altcoins in November..... Prepare for carnage if you are not in btc and holding some worthless alts when btc breaks the last ATH and STAYS up there!

BTC will dump in Nov - Dec to unkown.


You have no idea what you're talking about

2017 is looking to be a better year than 2016

I am waiting for the Monero dump but apparently there is nobody willing to fill my bids anymore.  Cry

Well shit, TC, why didn't you say so. All I gots to do is buy more XMR and the price will drop right into your pocket!

j/k sort of. I am still bullish and way too much in...

I buy when the price slides down. Monero likes down hill and it has always been like this. Monero usually drops 5-10 % and bounces after that 3-5 %  and thus the price slightly declines so it requires some patience and long term planning to acquire Moneros.
Every once and while (1-3 times a year) the price rises to the peak where it is possible to sell some coins. Dumping is not recommended at the peak because it lowers the amount of bitcoins you get from the buyers. Much better strategy is to put asks in front of the spot and waite until some bullish guy comes to pick them up. Never sell all your Moneros either because there is always potential to rise higher.
full member
Activity: 206
Merit: 100
October 27, 2016, 10:30:18 PM
One thing is sure. This rise provoked a growing spurt in Monero. Transactions are up, people checking Monero blockchain data are up 500% in just ONE of the blockexplorers available. We're getting there. I don't know if 5 bucks is the fair price for monero today, bu one thing is certain. It is much more valuable than in the beginning of 2016.

So, if you bought the top or close, don't worry. Many people did the same in 2014, and those who held did better than those who didn't. And the ones that averaged down did best. But try to improve your timing, okay?
full member
Activity: 176
Merit: 108
October 27, 2016, 09:31:15 PM
What happened to TrueCryptonaire??


The signs were clear a month ago... BTC was on the verge of a rise and alts would clearly get demolished. Some folks still don't learn



Bitcoin is now Pump that have a certain amount of drain at a higher price in November will drop to 400-500$ and maybe less altcoins the rest will go to the mountain.

Btc will rape the altcoins in November..... Prepare for carnage if you are not in btc and holding some worthless alts when btc breaks the last ATH and STAYS up there!

BTC will dump in Nov - Dec to unkown.


You have no idea what you're talking about

2017 is looking to be a better year than 2016

I am waiting for the Monero dump but apparently there is nobody willing to fill my bids anymore.  Cry

Well shit, TC, why didn't you say so. All I gots to do is buy more XMR and the price will drop right into your pocket!

j/k sort of. I am still bullish and way too much in...
full member
Activity: 188
Merit: 100
October 27, 2016, 07:12:58 PM

They should have had Craig Wright and Gavin Andresen participate so we know it is really trustworthy!

You owe me a mouthful of coffee!
hero member
Activity: 714
Merit: 504
October 27, 2016, 06:16:15 PM
Meh.

Shit's gonna get real.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
October 27, 2016, 03:51:05 PM
...

So effectively a KickTheCanDownTheRoadCoin?

Yes. Very much so .An effective 8 MB blocksize based on 10 min blocks  (2.5 min blocks and 2 MB native blocksize)
For comparison
Bitcoin: 1 MB (native)
Litecoin: 4 MB (effective) 1 MB (native)
Dash: 4 MB (effective) 1 MB (native)
sr. member
Activity: 248
Merit: 250
October 27, 2016, 02:10:26 PM
Zcash "sideshow" futures on bitmex now at 0.52.  https://www.bitmex.com/app/contract/ZECZ16
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
October 27, 2016, 01:52:40 PM
I find what is actually going on right now with Bitcoin and its blocksize limit  as seen in this thread https://bitcointalk.org/index.php?topic=1661792.0;all to be far more relevant to the long term value of Monero, than this Z.Cash sideshow. By the way Z.Cash has the same fundamental blocksize issue as Bitcoin with only effectively an 8x larger blocksize.

So effectively a KickTheCanDownTheRoadCoin?
legendary
Activity: 2282
Merit: 1050
Monero Core Team
October 27, 2016, 01:41:54 PM
I find what is actually going on right now with Bitcoin and its blocksize limit  as seen in this thread https://bitcointalk.org/index.php?topic=1661792.0;all to be far more relevant to the long term value of Monero, than this Z.Cash sideshow. By the way Z.Cash has the same fundamental blocksize issue as Bitcoin with only effectively an 8x larger blocksize.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 27, 2016, 01:28:27 PM
So does Peter Todd have the blockchain genesis hash? Would be funny if there was a bait and switch going on as well. Smiley
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