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Author Topic: Is current monero's rise legit or just a pump and dump thing?  (Read 3305 times)
owm123 (OP)
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February 17, 2016, 11:24:55 PM
 #41

Monero was (and still is) badly under valuated.
Some (very nice!) new development happened there, a new version also came out lately.

Those are all good ingredients for the price to rise.
However, it's also something the seasoned speculators can use for a pump and dump.

I think that's still to early to say what actually happens on the market.

They say that eth is way overpriced. So exactly who decides what is the correct price of a coin?

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aminorex
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February 19, 2016, 08:10:14 AM
 #42


They say that eth is way overpriced. So exactly who decides what is the correct price of a coin?

There is a simple way to determine the tendency of the actual price of a currency: PQ=MV.

Rational pricing theory says that (ignoring risk adjustments), the rational present price is bounded by the expected future price, discounted by the interest rate.

Usually if people disagree about the fair value, it is because they have different estimates of the breakdown of future eventualities by case, or of the probabilities assigned to those cases.

In short: I do.  And I decided that ETH is too high, but XMR is too low.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
asdalani
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February 19, 2016, 08:23:45 AM
 #43

Monero was (and still is) badly under valuated.
Some (very nice!) new development happened there, a new version also came out lately.

Those are all good ingredients for the price to rise.
However, it's also something the seasoned speculators can use for a pump and dump.

I think that's still to early to say what actually happens on the market.

They say that eth is way overpriced. So exactly who decides what is the correct price of a coin?

The Ethereum price looks over priced when it was $7. But I think it is reasonablly priced at around $3-5.

 
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Blazin8888
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June 18, 2016, 03:23:58 PM
 #44

Monero was (and still is) badly under valuated.
Some (very nice!) new development happened there, a new version also came out lately.

Those are all good ingredients for the price to rise.
However, it's also something the seasoned speculators can use for a pump and dump.

I think that's still to early to say what actually happens on the market.

They say that eth is way overpriced. So exactly who decides what is the correct price of a coin?

The Ethereum price looks over priced when it was $7. But I think it is reasonablly priced at around $3-5.


Agree with this statement. I think we are seeing this play out. Time will tell..
btc_zero_sum
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June 18, 2016, 05:06:03 PM
 #45

can the reason be the dao attacker buying XMR to wash his BTC earned with margin trading?
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