After Oasis Exit Scam and non important Dev Step the last 4 Weeks the Coin will die now.
Also the big black-market integration was a big hoax... The price is so unstable that non seller will use it.
Seller sell a Product for $100, after sending and escorw 2-5 Days he will get his XMR with a worth about $100 before 5 days.
On bad days they will lost 20-60% from his $ value because the coin going down again...
XMR is one off the biggest Pump/Dump Fakes and was planed from first day by Oasis and Alphabay jump on the Train...
Topic: [XMR] Monero Speculation - page 991. (Read 3314350 times)
If i had acted like a bagholder my total loss would be much larger now, instead i have already recovered now. I see no sign of recovery and will keep my short(just lowered my stop-loss to 0.0097).
Maybe I will short too, or am I just bluffing?
If i had acted like a bagholder my total loss would be much larger now, instead i have already recovered now. I see no sign of recovery and will keep my short(just lowered my stop-loss to 0.0097). With time more and more bagholders will give up and less and less people will be willing to invest. I predict that the price will fall below 0.007
I guess I should change my nick into TrueBagholder, what do you think trolls?
Truebelieber
One of my bids taken, added a new one with a bit heftier amount of bitcoins and quite low. I doubt it will get filled but in case someone wants to take it, I am glad to offer my modest bitcoins for that person. 
I guess I should change my nick into TrueBagholder, what do you think trolls?
I guess I should change my nick into TrueBagholder, what do you think trolls?
~ 160.000.000$ from one to another pocket in only 6 weeks. (rise/fall)
This week maybe Dash will be back to 6.
At 0.008x I no longer dare to make predictions. I'm quite happy with my trading history and the profit I made
http://coinmarketcap.com/currencies/
This week maybe Dash will be back to 6.
At 0.008x I no longer dare to make predictions. I'm quite happy with my trading history and the profit I made
http://coinmarketcap.com/currencies/
Thank you for sharing. ill close my short due to your prediction
made really really nice profit cause i went short at 111 thanks to you. Should i buy now or still wait? Or even go long? Good timing? What do you do?btw: as you wished i donated 15% of my profit to hopeforpaws!
~ 160.000.000$ from one to another pocket in only 6 weeks. (rise/fall)
This week maybe Dash will be back to 6.
At 0.008x I no longer dare to make predictions. I'm quite happy with my trading history and the profit I made
http://coinmarketcap.com/currencies/
This week maybe Dash will be back to 6.
At 0.008x I no longer dare to make predictions. I'm quite happy with my trading history and the profit I made
http://coinmarketcap.com/currencies/
We got a lot of hype from the darknet adoption, but now people are realizing that most vendors are still not accepting it.
For what reason, I don't know.
For what reason, I don't know.
Low exchange adoption
No GUI
Volatility
Downtrend
The 'real' DNM adoption will take at least 6months
It seems to have broken the 0.01 range, but that one is not clear yet.
Looks that it's bleeding. On the other hand it is getting oversold if further drop for 2 more days.
If you are seeking to buy, I would leave the bids in the 0.0075-0.0090 in place to catch the falling knife. The risk/reward is reasonable there.
If you are not, just wait, who knows if it will test 0.004 soon to confirm we have at least broken that trading range
As always, I do not exhort to sell nor short. If you are underwater, just wait. Selling low to buy lower, is much easier said than executed, and many are wailing because of attempting that with XMR in the past.
Looks that it's bleeding. On the other hand it is getting oversold if further drop for 2 more days.
If you are seeking to buy, I would leave the bids in the 0.0075-0.0090 in place to catch the falling knife. The risk/reward is reasonable there.
If you are not, just wait, who knows if it will test 0.004 soon to confirm we have at least broken that trading range
As always, I do not exhort to sell nor short. If you are underwater, just wait. Selling low to buy lower, is much easier said than executed, and many are wailing because of attempting that with XMR in the past.
Using longer time frames can often give a different perspective. Take a look at the 3 day XMR/BTC Polo chart. It does not look like price has bottomed but is possibly heading down to the Fibonacci 78.6% retracement or .0077.
Price could go lower. For the last speculative bitcoin bubble price even dropped below the 78.6% Fibonacci retracement and took 16 months to recover to $700.
Long term I think Monero will make a new high but certainly not in the next few months, and there is also the possibility you might be able to buy Monero for $5 again.
Price could go lower. For the last speculative bitcoin bubble price even dropped below the 78.6% Fibonacci retracement and took 16 months to recover to $700.
Long term I think Monero will make a new high but certainly not in the next few months, and there is also the possibility you might be able to buy Monero for $5 again.
+1
... definitely should expect a 400-500 million marketcap by March 1st along with Aeon in the Top 25.
Music to my ears!
A few days from now and the daily inflation equals to the daily inflation of bitcoin in the launch. After that, the daily inflation is declining and approaching to the daily inflation of June 2016... 
Ladies and gentlemen, Monero is soon a good hedge against inflation and I think that is something we should start mentioning when we are speaking about Monero because it will attract a lot of fresh fiat into the ecosystem.
There is no way I am becoming bearish anymore.
I used to be bearish in the beginning when the inflation and emission was high (each pump was hammered by the inflation). Now Monero has a great opportunity to grow more than it has grown before today. Therefore I am not scared to hold bids in the market.
Ladies and gentlemen, Monero is soon a good hedge against inflation and I think that is something we should start mentioning when we are speaking about Monero because it will attract a lot of fresh fiat into the ecosystem.
There is no way I am becoming bearish anymore.
I used to be bearish in the beginning when the inflation and emission was high (each pump was hammered by the inflation). Now Monero has a great opportunity to grow more than it has grown before today. Therefore I am not scared to hold bids in the market.
However, it may not be the optimal time to buy.
Don't count on it too much. No-one wants to see a descent below Dash on the marketcap.
You're right on the money in regards to February 2017 though, and definitely should expect a 400-500 million marketcap by March 1st along with Aeon in the Top 25.
Until then, just range drifting (but above the Dash cap).
Many people much smarter than ME have said, many times, that overall this is probably a binary-outcome type situation, i.e. either crypto in general is going to totally fail for some reason -OR- it's going to fully take over the world's finance infrastructure.
I don't think so. Today, crypto is already a major success. It fills a niche market. There's no reason why it would go to $0 just because it can't take over the world's finance infrastructure. I'm sure those of us who were around in the e-gold days can attest to that. The only reason e-gold "went to $0" was because it was centralized. Bitcoin fixed that. Now we have a working economy and it's enormous. It's way bigger than most could even dream of 5-6 years ago. So if this is it? That's alright... we'll continue with our businesses. We'll keep hoarding and trading. We'll keep our money in a place outside of government reach and send uncensored transactions. The needs of this niche is already fulfilled. We are doing fantastic.
But of course, nobody here believes this is over. We'll grow much larger, just like e-gold would have if it was left alone. Just don't think taking over the world's finance infrastructure needs to happen. I'll continue using crypto even if growth stops today.
Yeah, Kozi... maybe so. Nobody knows for sure BUT on the other hand, there's this...
http://nakamotoinstitute.org/mempool/speculative-attack/
Quote
Speculative Attack
by Pierre Rochard - July 04, 2014
Bitcoin will overtake weak currencies like the dollar through
speculative attacks and currency crises, not through the careful
evaluation of tech journalists and 'mainstream consumers'...
In any case, seems to me that one way or the other all this hand-wringing and gnashing of teeth around here over a couple dollars move UP or DOWN... is all really kind of silly LOL by Pierre Rochard - July 04, 2014
Bitcoin will overtake weak currencies like the dollar through
speculative attacks and currency crises, not through the careful
evaluation of tech journalists and 'mainstream consumers'...
Damn. That's quite the resume. Predictions moving forward? Are we building a floor here around 0.01?
I think we're going to see a spike up soon with the release of the GUI. I bought a few in anticipation of that. But once the initial excitement wears off I think we'll continue to slide down and below 0.01 again. This still looks like a bear market to me, and if bitcoin continues to rally this will result in selling pressure on altcoins at least for the short term, if past behavior is any indication.I think the above reply by TheKoziTwo sums it up perfectly.
Looking forward to the GUI Beta release in the next few days.
Yeah, it feels right. Also, the .0077 bottom or something less feels right. However, Im not putting my moneros where my mouth is and Im permaholding.
I can stand dry months, but I couldn´t stand to sell/burn at the bottom. And as long as the bottom seems to be near, I just will wait for the next tide.
Thanks for your words, Kurious. I wouldn´t try to catch the exact, optimal bottom, thought. And if you are going to try, try it softly
Damn. That's quite the resume. Predictions moving forward? Are we building a floor here around 0.01?
I think we're going to see a spike up soon with the release of the GUI. I bought a few in anticipation of that. But once the initial excitement wears off I think we'll continue to slide down and below 0.01 again. This still looks like a bear market to me, and if bitcoin continues to rally this will result in selling pressure on altcoins at least for the short term, if past behavior is any indication.I think the above reply by TheKoziTwo sums it up perfectly.
Looking forward to the GUI Beta release in the next few days.
Using longer time frames can often give a different perspective. Take a look at the 3 day XMR/BTC Polo chart. It does not look like price has bottomed but is possibly heading down to the Fibonacci 78.6% retracement or .0077.
Price could go lower. For the last speculative bitcoin bubble price even dropped below the 78.6% Fibonacci retracement and took 16 months to recover to $700.
Long term I think Monero will make a new high but certainly not in the next few months, and there is also the possibility you might be able to buy Monero for $5 again.
Price could go lower. For the last speculative bitcoin bubble price even dropped below the 78.6% Fibonacci retracement and took 16 months to recover to $700.
Long term I think Monero will make a new high but certainly not in the next few months, and there is also the possibility you might be able to buy Monero for $5 again.
I have a feeling this isn't the bottom, but with the official beta gui around the corner, and the Jaxx wallet in 2-3 weeks, it may be a pretty good time to buy.
I'm pretty confident it's not a bad time to buy - XMR will be higher than here in the medium and long term. Anything under 0.011 will look a steal within months. However, it may not be the optimal time to buy.
It can easily shoot up beyond the reach of this price as it did before, so waiting may be foolish. Personally, I have been buying as much as I can, but keeping a little powder for any final dips on this bearish run. Any buys averaging around the 0.01 level will look sound before too long, IMHO and I know I am not the only one accumulating here. Yes - we might take another dip back under 0.01.... but you don't want to look back and kick yourself.
The sheer amount of desperate and largely ineffective trolling is a good buy signal
My 2c worth is buy some now and put a couple of low ball bids around 0.009X in just in case a dumper fancies his chances. I reckon whatever you buy now WILL be saleable later - but whether the bottom is in is not something I feel able to say for sure.
If Dotto says it is, rather than asks, then take note
I have a feeling this isn't the bottom, but with the official beta gui around the corner, and the Jaxx wallet in 2-3 weeks, it may be a pretty good time to buy.
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