I sold everything and want to buy back in, since I really think Monero price is WAY too low currently.
I just hate buying a coin that is currently up 20%. Anyone have some advice on a price to buy some coins back?
I wrote you some advice and then noticed you advertise that shitcoin mill yobit so it's gone now. Do you own research. Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?
You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1swow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me. Nah, I do not enjoy gambling. I tried once with my classmates 10 yrs ago and lost 1 euro and after that I promised myself I do not play cards or other similar games + according to the Jewish law it is pure stealing because the person who loses is not giving up his money willingly sincehe has in mind that I will win (Rav Yosef Karo, Shulchan Aruch). I prefer investing and sticking also long term. Also I do not want to start a correspondence with tax authorities. Did anyone notice already the amount of available XMR is declining ? The amount of XMR for sale on polo was ~350.000, now its down to ~200.000. Thanx to the GUI i guess  You cannot use those numbers as indicators, if you do you will lose (badly).  That's the exact reason why I am donating to http://www.divineinformation.com/You are right, they are not supposed to be there. They not only practice stealing (gezel) but even worse: they ridicule the name of the G-d (chilul haShem) which is even worse than stealing. To minimize sins they should hide their Jewishness in places like these. Of course even better it is if they start acting like real kosher Jews and becoming an example to the rest of the world to make this world at least a little bit better place to live in. |
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Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?
You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1swow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me. Nah, I do not enjoy gambling. I tried once with my classmates 10 yrs ago and lost 1 euro and after that I promised myself I do not play cards or other similar games + according to the Jewish law it is pure stealing because the person who loses is not giving up his money willingly sincehe has in mind that I will win (Rav Yosef Karo, Shulchan Aruch). I prefer investing and sticking also long term. Also I do not want to start a correspondence with tax authorities. So dont gamble dude, dont eat any pork. You can still enjoy the titties and pussy. Lost of sexy chicks to bang. Comon. Join me! LOL! You are funny. Sure intimacy and sex are beautiful things, I am not pro-celibacy. Having good sex with a person you consider beautiful is probably the most wonderful thing a man can have in this life. That being said, sounds like it is not allowed in the form you are suggesting, I think Las Vegas has very little to none to offer to me. I prefer helping the Moshiach to come to the world by donating the best cause I know: http://www.divineinformation.com/donate-now/ |
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A little perspective, folks... just taking a view at coinmarketcap here from the proverbial 40,000 feet up XMR is currently already in 3rd place of all crypto in terms of per-coin value... with the ridiculous ZCash still at #2 being forty bucks each, LOL, which I suspect a few months or a year from now will finally settle down to it's natural value under maybe $4 bucks, LOL So, really IMHO we're already at #2 there for per-coin "real price" and second only to Bitcoin  More meaningfully, we're still at #5 in terms of market cap, about $165 Million today, trailing #3 Ripple (LOL another ridiculous one) and #4 Litecoin both in the $225 Million range. So, just one DOUBLING from here would POP us up over both of those into 3rd place at about $340 Million. From THERE to achieve #2 would require only one more doubling to the $680 Million range, to get ahead of ETH, currently at $625M. And then...? IMHO, once Monero is second only to the 800 Pound Gorilla of the Crypto World, BTC...? Sky's the limit then, and IMHO it could even take over first place IF things keep going they way they've been lately for BTC's technical development. Even just a year ago that would have been pretty unthinkable, but now? Much less impossible LOL Today's $10-12 price, IF sustainable awhile, and then just two doublings to say $25 then $50... then "sky's the limit" really doesn't seem to me all THAT implausible, at all. I love every letter you typed.  |
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Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?
You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1swow 100k xmr, imagine he still had them today. He's probably crying hard now. But seriously, someone lock in some profits with me and lets go to vegas this weekend and celebrate new years eve there. You wanna join me. Nah, I do not enjoy gambling. I tried once with my classmates 10 yrs ago and lost 1 euro and after that I promised myself I do not play cards or other similar games + according to the Jewish law it is pure stealing because the person who loses is not giving up his money willingly sincehe has in mind that I will win (Rav Yosef Karo, Shulchan Aruch). I prefer investing and sticking also long term. Also I do not want to start a correspondence with tax authorities. |
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Thanks xmr buyers. im out and now have free btc to do what I wish with. profit so good im going on vacation. Anyone here want to join me with their new found wealth?
You remind me of this guy: https://www.youtube.com/watch?v=RHg8qIKJo1I&t=1s |
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Wow, It seems that "the Chinese" are buying tons of the new synthetic drug called -P&D- in the "dark market" with Moneros ...
Usually i would agree, but can you say P&D when the volume is lower than usual in the last 3 months? Also that sarcasm is over-the-top... try less of it and it might be funny :p His job is not to be funny. He is not a clown, is he. |
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We are approaching to the season which usually treats Monero owners pretty well. I speculate it is GUI that is bringing the demand for Monero as there is now a viable place to store coins which attracts those of side lurkers who were waiting a convenient place to store their precious digital treasures.
Also it might reflect as less coins on Polo which alters the propensity to dump and set up sell walls.
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The bitcoin rally might end up into epic Monero price both in terms of bitcoins and especially in terms of fiat. I see no reason why the price of Monero could not reach 0.10-0.30 btc during the peak and bitcoin at 3000 makes Monero a 300-900 dollar per coin.
$300 per is a wet dream for some of us.. 0.03 would surfice to make me a happy camper. 0.03 very likely will take place in spring rally (not sure though) even without bitcoin rally.. Often I have been wrong also so take this as grain and salt. EDIT: I have enough bitcoins for the rally so unfortunately I am not in the need of bitcoins and thus no need for selling my Moneros (unless the Monero goes parabolic against bitcoins I might consider selling 10-20 Moneros). |
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The bitcoin rally might end up into epic Monero price both in terms of bitcoins and especially in terms of fiat. I see no reason why the price of Monero could not reach 0.10-0.30 btc during the peak and bitcoin at 3000 makes Monero a 300-900 dollar per coin.
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A couple of hours after gui release and the price is back to what it was yesterday. Was hoping for a bit more of a bump up....
Yes I expected also more, but I hope the GUI will bring users to Monero that otherwise would not use it which brings higher price in form of organic growth. Bear in mind, a couple days ago Monero was also 0.011 without released GUI. Now I wish there were businesses (which actually are something people in general are interested in using) where you can spend Moneros directly without hassle of xmr.to (which sometimes is out of use). |
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Looks like the pump is over sooner than I even noticed since I was offline past few hours...  |
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I think bitcoin will stay between 800-900 usd for some time. I am expecting new ATH in 2017, and the longer the coin is under previous ATH the more there is pressure under the lid of the kettle which will lead even higher ATH than otherwise.
I am not worried at all about the growth rate of bitcoin - it still is low if you look at the bigger picture. Only around 10 % in a month. There are stocks that are doing better in their bull markets.
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I have no idea how much vendors use XMR but unfortunately we cannot prevent the junkies and criminals using the best alt.
What is considered 'criminal behaviour' is very very relative in time and space, depends on who's in charge, societal climate etc etc... And yes, these people, whose behaviour has been outlawed will seek the best way to hide said behaviour... This is not something which anyone should seek to prevent, at least not by diminishing anonimity/privacy and thus fungibility in a currency Criminal = outlawed. If you live in Somalia which has no law and order there is obviously many things possible but if we look at the majority of countries, most of them has outlawed drugs and certain type of pornography for instance. The criminal activity has partially ruined the reputation of bitcoin (many still think it is a currency of criminals) so it may not be good for the reputation in the beginning. Therefore, being accepted by the D.N.M. is kinda double edged sword: on the one hand it is nice that XMR has some real use case, on the other hand, it might create reputation to the XMR of being the currency of the bad guys. This is the largest criminal asset of all time.  It has such a bad reputation no-one will accept it, right? Well to be fair maybe gold is larger but the point still stands. I think you are confusing with terms of crime and morals. Dollar as a system can be perceived as immoral (stealing purchasing power by inflation) but it is not criminal because the legislators have approved it. It is also a social contract that the governement has a right to collect tax and inflation is one form of a tax, if I am not mistaken, even Ben Bernanke has admitted this. In case you meant the use cases of dollars being used by the criminals, you are right in one way The majority of drug deals, hitman fees etc are paid with cold hard cash. That being said, the criminal use cases of Monero or bitcoin represents probably higher percentage than it represents in fiat. So it is relative also. |
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I have no idea how much vendors use XMR but unfortunately we cannot prevent the junkies and criminals using the best alt.
What is considered 'criminal behaviour' is very very relative in time and space, depends on who's in charge, societal climate etc etc... And yes, these people, whose behaviour has been outlawed will seek the best way to hide said behaviour... This is not something which anyone should seek to prevent, at least not by diminishing anonimity/privacy and thus fungibility in a currency Criminal = outlawed. If you live in Somalia which has no law and order there is obviously many things possible but if we look at the majority of countries, most of them has outlawed drugs and certain type of pornography for instance. The criminal activity has partially ruined the reputation of bitcoin (many still think it is a currency of criminals) so it may not be good for the reputation in the beginning. Therefore, being accepted by the D.N.M. is kinda double edged sword: on the one hand it is nice that XMR has some real use case, on the other hand, it might create reputation to the XMR of being the currency of the bad guys. |
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@TrueCryptonaire. How can you say that if growth starts to accelerate, the risk of a correction will be imminent? That is counterintuitive. Should it not be the opposite? If the growth is growing, the risk of a correction will become smaller and smaller.
I also want to ask how is the growth of Monero use in the darknet market place? Are more vendors using it?
I refered to the speculative bubbles which often pop. That being said, the bubbles pop at higher level than started initially. In case of organic growth it is exponential indeed (if there are 2 people using it and each convince 1 people, the userbase is 4. But if 4 uses and convinces 1 user each, the growth is twice as high as it was 2 preachers preaching the good news). Monero is far far from being a mature project in order to dumps being eaten by the markets. Bitcoin has reached closer to that point but even it is still too small for being stable. However, chances are good Monero will develope at faster rate than btc thanks to the second mover advantage. I have no idea how much vendors use XMR but unfortunately we cannot prevent the junkies and criminals using the best alt. |
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Personally I am glad to see this chart of slow climbing upwards. The longer it can stay this slow the higher it can climb. When the growth rate starts to accelerate significiantly the risk of correction is more imminent. That being said, last rally taught the lesson of the legs. Those who sold during the first leg from 0.004 -> 0.008 lost the gains of the next two legs.
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Based on the current markets, very unlikely and to be honest I do not wish that fast acceleration at this point. I hope to see the price climbing up slowly slowly as long as possible. When the growth starts to accelerate, we know what is going to happen.
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If the price drops there, I am definetely going to buy a few more bitcoins for the purpose of buying more Moneros and also store some of btc in the bitcointrezor. |
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5000 usd price is a triviality and 3 years is a long time in crypto in general. It is realistic based on bitcoin's previous behavior to assume 5000 is achievable within months. To maintain that price for longer after the initial pump is harder one.
What I see as the most probable scenario is that bitcoin reaches ATH in the coming 6 months or so, then a breather and new ATH towards the end of 2017. Just like in 2013.
The logic behind is that the first bubble will bring bitcoin to the eyes of a lot of new people and when that bubble pops those people who followed in the sidelines (but did not buy in because it was going to crash) will create the second wave.
The longer bitcoin price is capable rising "only" 10 % a month, the higher the price will shoot.
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I think the situation is good.
Indeed - hopefully it won't take a Gox-style event for it to happen, but I could definitely see Bitfinex picking up volume over the coming months. The near-term future for XMR looks very strong: - RingCT - GUI - Bitfinex additional liquidity & decentralization (and wallet storage for the risk-takers) Do we have you back in the XMR game, Risto?I speculate he bought in when he tricked some people to sell their coins sub 0.01 by giving predictions of Monero hitting the bottom of 0.004 which never happened obviously. |
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