having your own opinion and wrote it on forum is one thing, but trying to lecture pro investor about what to invest, or trying to lecture a tech expert about technology... thats another thing. nevermind tho, your community effort of bashing Dash surely working because Dash price keep rising... keep up the good work then and carry on.  When pro investors are buying a coin which had millions instamined by the creator 'on accident' and then made the situation even worse by allowing insiders to vote to reduce the total supply by 3/4ths... I feel compelled to bring the issue to their attention. If I am no expert, just an enthusiast, and can clearly see how broken this situation is - I would assume the absurdity of it would be extra-apparent to those with more knowledge than I. It's transparently obvious to anyone with half a brain, AP... Which is why it's not worth engaging with dasheads. Sure, they come out when there's a reassuring pump, but it will not last and I for one have no qualms about shorting the shit of it to scalp a little BTC and accumulate more of my beloved XMR off the back of rigged pricing that is unsustainable. Roll on the GUI and let's see our volume the day after.... and our price. |
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People can have their own opinions, just as you have your own. I personally think McAfee is too busy buying coke and hookers to be worried about investing in another cryptocurrency project.
having your own opinion and wrote it on forum is one thing, but trying to lecture pro investor about what to invest, or trying to lecture a tech expert about technology... thats another thing. nevermind tho, your community effort of bashing Dash surely working because Dash price keep rising... keep up the good work then and carry on. I have never bashed dash, nor have most people in this thread. I certainly have never posted in a dash thread and I don't have any wish to. There is no need to. In the end time will tell and any irrationality in the market will ultimately be corrected. A few superior cryptocurrencies will triumph and the vast majority of the rest - the inferior projects - will fail. I have my money where my mouth is, I assume you have your money where yours is. Good luck. Now (kindly) go back to where you belong. |
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Most of the users that post in this thread probably would agree (they can chime in, perhaps I am wrong in my assumption) that "finding" the price is implicit that the price could fall as well, which it could.
I suspect good news such as more usability with a GUI and better privacy features with RingCT will net a higher found price than as of late.
Just my two cents.
There are always three possibilities (up/down/straight on) in any trading scenario imho. But unless something wild happens (and lets face it in crypto, something wild is never far away) XMR does seem to be incredibly under-valued at present esp compared to say ETH which is x7 price. We just seem to need a catalyst now: some good news either technical or in terms of market adoption for the price to find a new, higher, trading range. Personally I'm watching hawkishly to ensure I don't get caught out by some giant green candle. It is actually x40, not even considering ETH Classic. Maybe you are thinking market cap? Price is not x40 |
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BTC chart has deteriorated substantially over the weekend. Looks like a lot more downside. I sold a splanch of BTC myself. What puzzles me is why XMR isn't on a tear right now. Given that BTC expectations are poor, I would expect everyone with any fondness for XMR to be seeking refuge there.
The expected slight inverse correlation we usually see (BTC drop and XMR rise) not happening is worrying. Given shenanigans with ETH, I expected us to benefit as people took their easy profits from ETC and placed some of them XMR's way. |
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 wtf is this shit that turning iron or lead into gold is not fringe science at all, but real and replicable, and the technology to do it is officially available to the world.  imma callin hoax until some science mag publishes it It's ridiculous - and funny. It involves 'ore' and 'bacteria' to turn almost any element into any other (without nuclear fission / fusion involvement) don't hold your breath! |
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Panic on Polo, trollbox is entertaining...
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Regarding chart buddy, Richy_T and chartbuddy exited this thread after Adam had been suspended for a short period of time, crying censorship and fullblocalypse and scale or die.. etc etc etc nonsense.
Richie left in principle because Adam was banned from his own thread because had Adam expressed options contrary to the forum's controller. His reasons for leaving were noble and respectable. Richie's own opinions were not rammed down anyone's throat or 'nonsense'. He certainly posted far less verbosely and more eloquently than (with respect) you. I only saw this because someone else quoted you, but I object to your attack of someone who is no longer here, but was a part of this forum for years and created Chart Buddy for all of us without asking for a penny. You are misrepresenting him when he is not here to see it and it's cheap. |
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brexit isn't bullish for bitcoin because they might leave the EUR
brexit is bullish for bitcoin because brexit is being considered, period.
it just goes to show how fucked up things are, if they leave the EUR or stay it makes no difference really, point is there shits all fucked up. it will either continue to be all fucked up, or get fucked up some more. the outcome is irrelevant.
just say'n.
not trying to be a dick, but you do know we use the pound and not the euro in the UK right? nope i thought you all used EURs over there, i thought that was the whole point of the EUR, everyone uses one currency. Not us, were superior. As if we'd give up our Pound Sterling for the shitty euro, thank fuck. i donīt think the u.s. will let their submarine called UK leave the EU. with this submarine they can sabotage every little step of the EU trying to get unified. without their UK watchdog, the U.S. would have less influence. thatīs why it will not happen. 'The 51st state' - yes, we'd be of less use to the USA as a first stop to base 'operations' for their interests in Europe. But I don't see what they could do if the UK votes to leave. It just means they would have to deal direct with the Germans and French, they wouldn't like it, no - but what could they realistically do? EDITED - I screwed up the posting! |
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Basically, as has been the case for years- The EU is broke, The ECB is broke,and the European union is broken.
If UK leave, then it will be fractured, Spain, Greece, France, Portugal all in trouble, even Germany is not sitting pretty.
All it would take IF the UK leave is one other core member- Spainfor example to decide to leave, and the union will crumble.
Not many states are that happy with the union as it is, the northern states are certainly not happy.. it is, and always was a political mess.
Did I mention they are broke?
Ah well nothing a few trillion in QE and bond purchases will fix.
Shitshow whichever way you look at it.
(Adam- but you surely know the British pound sterling is still in use right?)
Just the risk the UK 'might' vote to leave is already causing chaos. UK stock markets down Ģ34 billion in just one day this week, GBP incredibly low against dollar.... Forex markets jittery. Brexit would be huge - don't doubt it - and it's a big part of what is happening now, worldwide. Uncertainty around the world over the future of the 500 million consumer trading block that is the EU is not 'minor' news. The vote is in seven days. It will not be postponed. Yes, good for BTC - but not so for world stability.... if the UK votes leave. I will cash in some next Thursday because I don't think it will and I hope it does not. I agree- and I have been telling people since before the Brexit referendum was confirmed, that a Brexit referendum would cause some wobbles - uncertainty makes markets nervous. I have also been talking about the EU crumbling for years. (I even had a good indication 20 years ago the experiment would fail, maybe even set up to fail in the first place- sneaky Germans) Yeah I also doubt there is any way the referendum will be postponed. The Germans don't want the EU to fail - it's too good a market for all their industry and they are slowly owning large chunks of it without having to actually invade anywhere. Conspiracy theories aside - the EU was genuinely (in part) set up to ensure we didn't have yet another catastrophic war. And right now with Putin's Russia rampaging around the EU's edges, it's probably not a great time to take apart the EU as a united block - able to speak as one voice and use its trading power to curb his excesses. Yes, it's screwed up and undemocratic, a flawed and rowing bunch of oddball misfits run by seemingly unaccountable bureaucrats. But Yugoslavia used to be one country in Europe not so long ago and look what happened when it disintegrated. European countries at each other's throats cause a lot of trouble. EU trade does seem to have kept the lid on things for a while, which is why the EU's potential failure is a threat. Brexit is probably as much at the centre of what is happening as the halving IMHO. The coincidence of these two events' timing may well have a lot to do with why this rise is rocket-powered. |
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Basically, as has been the case for years- The EU is broke, The ECB is broke,and the European union is broken.
If UK leave, then it will be fractured, Spain, Greece, France, Portugal all in trouble, even Germany is not sitting pretty.
All it would take IF the UK leave is one other core member- Spainfor example to decide to leave, and the union will crumble.
Not many states are that happy with the union as it is, the northern states are certainly not happy.. it is, and always was a political mess.
Did I mention they are broke?
Ah well nothing a few trillion in QE and bond purchases will fix.
Shitshow whichever way you look at it.
(Adam- but you surely know the British pound sterling is still in use right?)
Just the risk the UK 'might' vote to leave is already causing chaos. UK stock markets down Ģ34 billion in just one day this week, GBP incredibly low against dollar.... Forex markets jittery. Brexit would be huge - don't doubt it - and it's a big part of what is happening now, worldwide. Uncertainty around the world over the future of the 500 million consumer trading block that is the EU is not 'minor' news. The vote is in seven days. It will not be postponed. Yes, good for BTC - but not so for world stability.... if the UK votes leave. I will cash in some next Thursday because I don't think it will and I hope it does not. |
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Having a dayjob with reporting MAGA being a racist, offensive, spamming fuck. OT look, its up  go back to reddit cuck boy Somebody ban this guy already +1 Sickening. |
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Back in top 10 Polo volume... About time. Why should we celebrate a place with only one metric ( volume ) ? and even that metric is nothing compared to past days? Hmm... being no 11 on Polo was a little depressing, plus when volume picks up, at a (recent) low, it did indicate a rise in price on the way. I think the price rise since has vindicated the observation I was making. That said it was relief, rather then celebration. |
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Back in top 10 Polo volume... About time. |
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Are the whales that sold ready to get back into XMR yet? Or are they going to let the community shrink back to what it was in January first?
Wait and see... |
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 .0022498 is the fib that is supporting price. If not, next one is .0017. I think it will hold but is difficult to say for sure Respect Dotto - you called the dump short term bottom target pretty well. I wish I had listened and traded it accordingly. Personally I feel it is the bottom for now, unless of course BTC is where the money is going as Elrippo's scenaro (plausibly) suggests. But one would hope XMR at least holds up in USD terms even if BTC does pump spectacularly. And of course that 'where do BTC profits from sales at the top head for?' question is valid; why not into a new Altcoin pump...? If the market is as playable as it seems to appear, then the big money will not want to sit out of the whole market if it's on a roll. |
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It seems 27ksat has to be retested and is not that probable that will hold. Betting at 23-25ksat as floor
I cannot argue with you with any conviction Dotto - you're usually on the money. But it's 500 BTC down to dip under 25. Which looks like support way before your low end to me. Let's see, I am happy to catch that knife - I have bids set all the way down. |
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Glad I left low bids lingering, just in case - didn't expect to get them filled, but... Nom Nom Nom!  Let's see if it fills back up to 320 / 330 range now.. |
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In other news BTC broke 420 on finex and XMR just leapt up.
So what's next...?
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The real question is if Monero is good enough money to be the ultimate store of wealth. Always the best money will not grow big. For instance, almost any altcoin is better than btc (even LTC - the transaction confirmations are faster) but they are not good enough to replace btc.
Therefore, the coin that will replace Darkflarb as the ultimate coin has to be substantially better than XDF.
In case Darkflarb becoming the ultimate coin it means you will be earning your salary in XDF and therefore all the other projects are considered as investment (such as ETH or even BTC) with the goal of reaping larger share of XDF.
That's true, but the chances of that happening are astronomically small, so it doesn't make sense to apply that strategy today. If we think that way and ignore non-crypto then right now you should work on increasing your BTC stake as it is the largest and most successful crypto. The ultimate coin basically. I think personally that a good idea is to diversify from BTC into promising projects with a rate % similar to that what you own of BTC. E.g if you own 1% of all BTC, then perhaps you should diversify so that you own 2% of all monero, and then sell half of your moneroj after the price doubles, leaving you with 1% of bitcoin & 1% of monero. This way, you'll do well regardless of which coins end up doing best long term. The problem of course is finding those promising coins before the price has bubbled. I think XMR is still in pre-bubble stage atm though So a guy who owns 100 BTC should buy 85.7 Monero? Or maybe 171.4?!! I think I have bought too many, then EDIT: spelling |
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A lot of money in... price in decreasing channel fluctuation with decreasing volume though.
I think money is waiting for the bottom - and it is drumming its fingers waiting to pounce.
Maybe a move is coming... Soon ;-)
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