yeap. 0.0145ish *sigh*

its not speculations. based on the user who tried to scam through donations by saying he got scammed off his xmr. i do believe we are heading to 0.013 or even below this weekend. the correction is not over yet

i wont sell, thats for sure. ive been riding the waves down from 0.026 till now. even if we go 0.008 i still have no reason to sell. maybe 0.005 i will sell to break even. but anything over 0.007 doesnt really have my selling attention. at all.

however, i do wish things to change. i have been seeing the whales dumping like its nothing and no support is able to handle it

oh trust me, i do wish for like a stabilization on 15-20$ for at least a few months. however with the current situation, unless someone knock the whales down, its not going to be better. but well, i hope for the best. i have seen a few reddits about projects being built everyday. but until they are live and running and the crowd accept it. its tough days ahead.

fact is there are different scenarios.

poloniex could be manipulating the price, keep dumping and make everyones purchase redundant, thus they benefit from the "extra btc" and take it as a profit. thats 1 view of the situation.

the second one is, we have all seen how creepy the ethereum foundation can get and how low they can go to destroy a coin. so they can be buying a lot and then dump in an attempt to prevent the coin from running up because the real dump did happen after xmr took over the price of eth and eth volume decreased by a lot. thats 2nd view of the situation.

the third is, whales could be buying everything as lets not forget xmr is limited to 15m at least for now. so they buy everything they can and hold the monopoly, thus they define when to pump and when to dump. shaking off little wallet off their xmr and controlling the entire market.

and 4th is, the btc whales could be buying and buying, then plumetting the price, thus getting even cheaper xmr to prevent it from parity with bitcoin.

just my 2 cents.

probably 0.01 unless people stop manipulating the price

until xmr reaches 0.005.. i have no reason to sell any

nevermind, its working now

is polo down? i cant seem to be able to connect tried different browsers, different devices, different networks. none

youre a nice guy but its the dumbest thing ive been hearing since 0.024...

example :

i change my xmr (10usd) to btc (600usd) and i have a balance of 1btc.

at this point no need to say IF, but when the price reaches 0.008btc per xmr, i will have twice as much xmr as i have now.

i dont see xmr reach even 0.025. denial is making me baghold. i could have gone out with 4x profit at 0.02.. but im holding still even now.

The thing that im not understanding properly is,

everybody who bought monero is expecting to make money, but if the price keeps plumetting down, the audience will get tired of it and wont give it the chance it needs.

lets be honest here 8/10 of the people who have monero now bought after 22nd of august.

how would they possibly make money out of it if the price keeps getting downtrended and finding new lows everyday.

the whales are building walls over walls but buy support is not able to hold the price at all.

this downtrend in my opinion is not over yet. unless somehow several btc whales jump in the train and pump the price upwards. however less likely.

the monero dev team also dont seem to care much. i witnessed a conversation between fluffypony and denverthedinozor on polo yesterday. the latter asked when the gui will be available and the former said, monero is open source, thus when the dev feels like it they will work on it and release it. that doesnt seem like its going to happen anytime soon. i believe the foundation made a lot of money in the hype and thus dont really care about the system anymore.

believe it or not, i am not fudding for monero to fall. i am bagholding a very decent amount myself. im still x3 profitable at the moment. however if the situation doesnt change, i will find it useless to hold any at all. ive been holding even after we came from 0.026 to 0.016 without even thinking of selling.

everybody keeps saying : whales are accumulting, whales are buying low, death to shorters. or whatever else they say. however at the current pace of development for monero, shorters are the current winners.

the price was "supposedly" stable at 0.021. then 0.020, then finding new "support" at 0.019. now we are at 0.01629 at time of writing. and the boat keeps finding new holes without being able to cover the previous hole.

i do realise and accept that a coin will not just go up and up and up (that be more likely a scam than real)

however, whales and buyers should find a spot and stay on it, instead of plumetting it down further and eventually resulting in less people being keen to trade, buy, baghold or support it.

before some people comes saying : instead of talking, build a project and put it live yourself. in my defense my team is building a project. we should be able to launch at 25-26th september. however if the price keeps finding new lows, the project will be much useless and we would have lost 30days building something that wont mean anything.

if the foundation dont come foreward stating what they are building and when its scheduled, whats going to happen, how things are going to work.. the system of monero will have another 2years of sleep or more and God knows if it will ever wake up again.

the audience is here, the demand is existant, the need is existant, what do they need more to build things for monero now? what more do they need to make things work? when the hell the 1year old promised gui wallet will be available?

and who are the whales who are bringing the price down even further? ETH foundation? BTC whales scared of parity? we have all seen how assface the eth foundation are and how they tried to bring ETC down by fudding and dumping. could they be the one who are after monero dumps? who knows...

just my 2 cents

honest opinion its risky, however i am still buying.

any known people holding that much?

custom made ring with diamond.

yellow gold, men & woman.

do-able?

yeah noticed that too.

people fudding xmr being hacked on polo 
price gone down a bit. someone is playing

the near 9k xmr guy is not moving out of his position though. he is all but recouping on more xmr grabbing everything he can while he still can.

imho 1/3 of the btc bought during the day will be spent on xmr tomorrow. but again thats just my opinion. i can be wrong... very wrong

agreed . waiting for the weekend to decide

this weekend will determine a lot of things

i think we are back to 0.01 if we are lucky else its straight down to 0.0038 again