So you also think this is not a bargain price to buy Monero currently?

Yup. Me too.
Although this might be a trap but probably not... Time will show. I sold my trading stash but left the core position untouched.

Congratulations, you might have got quite good price for them.
Monero is simply not yet ready for astronomical prices.
Also the markets are way too immature for Risto's friends to buy.
Perhaps in a few years the emission is low enough for any serious rallies.
For now, we just enjoy these small rallies where we can sell our overweight to the strength.
The condition for a lasting rally is the strength that is able to absorb all the shaky hands' selling pressure. Now it looks really bad for it, the coin is way too heavy compared the ability of the community to purchase it.

Not to mention that the whales are not interested themselves to accumulate more. Aminorex told on xmas that his limit is now up and he is not looking for increasing his stash. Risto's stash has reached its limits already on summer 2014.

The whales that want to buy a significiant stash (like 5 million Moneros) can make the price rise, especially if there is a war between two whales. We have not seen this.

I am not being pessimistic but rather realistic.

Looks like the potatoes are back and really willing to get rid off their probably most precious treasures. 

I wonder how long people can afford selling Unobtaniums below 0.03....

We do not even know if Risto dumps all the Moneros from the game to the markets. He has not commented this if I am not mistaken. 

It did not happen and I have changed my mind.
However, this doesn't mean it will not occur. 

This is also a bearish signal.
I understand that the current holders need an exit door and therefore they are trying to convince people buying at these topish prices.
Risto is anticipating for 0.0013 but I am more bearish. I am afraid we go sub 0.0011.

Yesterday the payment was fully cleared by this same time.

Sure we can draw all kind of lines but those who bought in xmas pump at the peak are still red with their investments not to mention of people who bought at the peak of previous pumps.
This could be a start of a bullish trend but so far it is not. Indeed it need first to approach the previous highs and after approaching it could break it. However, as long as the previous highs are not broken, I am a bearish here.

I do not suggest to sell coins (I have sold only my speculative position which is a small and the long term position is stored for years to come). I suggest to be careful not to end up being a bitter bagholder. 

Unfortunately there is no proof of bull market. Only short term perhaps (1-2 mo term).
It even did not touch the highs we had on Xmas not to mention the high before that high. I wonder how do you define a bull market but IMO bull market is when there is ATH broken. Now even local highs are not broken thus the bear market continues.

This is long term bear market (since summer 2014-fall 2014 depending on how you want to define it).  
Short term this is bull market which looks losing steam. However, this can be also a trap, idk.

In bear market holding is the worst strategy. It is the only assured way to lose money.

The question and beef is: Are you a buyer now. Or do you have friends who want to buy at these levels now?

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower.  

We will need to waite for the big money entering to the markets.
The only thing I am concerned do we get enough money flowing towards Monero in order to get any significiant prices.

Actually the odds for failure is still pretty high.

The bull market looks like it is loosing some of its steam. 

Once the fiat clears to bitstamp (tomorrow some time) I will buy a couple more UNOs and help to push the price up a little bit.  


If there are noobs, I want to warn about Monero - it has still high inflation and therefore it is not a coin one would like to own. Perhaps it is a good addition later.
I might even open trading window between UNO and XMR later this year (so no need to sell UNOs for btc and btc for XMR - I will be able to do it directly later when the inflation is lower and it has more upside potential).
I think Monero will get enough momentum earliest at the latter part of 2015.
Also, I do not think Monero will ever overperform Unobtanium for the reason of Monero's inflation has highish tail which supports the mining.
There is nothing the UNO community needs from Monero except anonymity really for those people who prefer anonymity with their coins.
Now UNO is the coin one should be focusing.

I made the request for some time ago.
I agree Polo has proven to be legit (they covered the hacked money from their own money).

Is there a meme anywhere which states: "Chuck Norris lose money holding UNO". This would be hilarious. 

I wonder if the Monero bidding war start to heat this year or next year... 
It will be epic when it starts, when the big money enters, the small guys will be eaten alive while the sharks are merciless when hunting meat.

Purchased a few more UNOs to my stack just from Bittrex.
Thank you seller(s) for enabling me to increase my stake in this small pie.