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I always said Moanero was a pump and dump with a scammy orchestrated pump - the likes that have never been seen in BCT-ALT.

Now it has slumped below $1 it is in a death spiral which will accelerate the value down to 1 Sat and below. Market Cap plummeting down past #13 and soon to fall out of CoinMarketCap top 100.

If you have any monero and, unlike whales, cannot afford to throw good money away I suggest you offload quickly - the price is slumping but the volume has been decimated - the whales are definitely done with the pump & dump.

I still see shills on here arrogantly assuming that Monero is #2 to BTC - they are not delusional - just merely hired hands. Now they have done their job enriching the whales they will soon fade away along with their 300 vacuous [XMR] Monero - Naked Vegan Crypto Discussion threads.

To the devs - I say 'Keep calm and carry on developing'. Learn from the devs over at [BCN] Bytecoin who kept their dignity and measured feedback in the face of the orchestrated abuse and attacks. Also learn that price and market cap is irrelevant in these nascent technologies.

I moved from BTC to Doge to XMR.

I got 3000 in Poloniex and tried to sell 1000 - now I get an email sayin all my Monero is frozen? wtf? I think I've been had.

I also heard someone bitching about this on the Dirtbox or trollbox - whatever it's called

83 cents!
Of course BTC doesn't help but BTC shouldn't affect a coin as special as Monero.  :P

I don't think, its a good idea to go out of any coin now, as they are all near a bottom...

When BTC fall, everything fall

That's odd. Because the Moanerites kept telling us that;

a:) It's special and will one day usurp BTC.

b:) All the BTC whales (except BCX  :P) support it so therefore it is a special hedge for when BTC falls.

Monero is the only legit coin to hold long term besides Bitcoin because it has a reason to exist, once police state begins and it starts getting hardcore you'll kill for anonimity. You are delusional if any this means anything long term. The only thing I see now is a great time to buy.

going to be unprofitable to mine by the end of the day at this rate...then BCX will have an even easier target. Hope the monero cult are on their meds...

Getting ready to back the truck up!

Actually it seems that this is true in reverse. BTC is up today and yet XMR continues it's freefall.

Monero is in a downward trend. We all know altcoin holders are fickle. Nobody believes in Altcoins. Just BTC. The sooner you realise that, the sooner you won't be left holding the bag.

Think of every other altcoin the community thought was going to make it big in the last 6 months, got really high, then slowly died.

Monero is different..because?

Oh wait. It isn't. Monero isn't immune to the markets.

Can we make a friendly wager on that, like 50 BTC or something?

This is just due to BTC price. The other coins are tied to BTC at the moment, and when BTC moves big they freeze up momentarily as traders try to figure out the impact.

thanks for the quality thread here and for enlightment.

I think it is generally better to avoid the low quality posts by the monero team and their supporters  ;D


for a quite a long time I was searching for the biggest weakness of decentralization, I think I found it: you cannot exclude someone to participate


the best thing on this thread is "moanero" - kudos for that creation. if xmr does survive we will have phases of moonero and moanero :D

No, it's due to the recent Monero FUD, and Monero simply cannot maintain its high level of buy support any more to keep the price up. It's not that everyone's dumping, it's that nobody's buying. If no one's buying and Monero is still being mined, then there's too much downward pressure and very little upward pressure.

How, in that sense, do you think Monero will recover?

We need people to use Monero, thats the fundamental pillar of a coin' success. Why should people buy Monero? what does it do that other coins can't? Something has to solve problems to be valued or at least be seen as something cool (Justin Bieber doesn't solve shit, yet it is a money making machine). So good tech and good marketing wins. Maybe when we are knee deep in police state and everything we do is monitored, the real usefulness of Monero will be seen and it will skyrocket, because then you'll see why you want anon transactions.

I dont understand what kind of black magic Monero project uses, but it is turning people into trolls and hateful fudders... it is like like most conflict seeking community righ now.

Clearly someone is buying or the price would simply drop to zero. So all that is required for the price to go up is a modest increase in buying interest. That could happen for any number of reasons, nothing special or dramatic is required.

really ?

ever heard of devs buying their own coins ? (Manipulating the markets)
funny you spout off sooooooooo much arguing and trying to be the know it all around here and i actually had to say that too you LOL

oh and it's funny of all topics in the general altcoin section the only ones you ever comment on are Monero topics where you are Shilling..  ::)

and then there is Honest people.

1. I'm not aware of any significant dev participation in Monero trading. We trade from time to time, both buying and selling but it isn't a major focus of any of ours, as far as I know. I've made no trades at all in at least a week or two.

2. I have no idea why you find it surprising I pay more attention to Monero threads, since I'm part of the Monero core team. In your warped view I should spend (i.e. waste) my time looking at JackpotCoin or Max Coin instead instead of the coin I actually work on? WTF? And discussing != shilling, just FYI.

3. Thank you for all the attention you have brought to Monero. Keep up the good work!

But it  is still over 5 CNY

I didn't say it will recover. Just that when BTC does big moves, the other prices with regards to BTC gets locked temporarily.

jeezuz tap-dancing fucking christ you like playing games huh ? WOW !