kryptqnick (OP)
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August 21, 2017, 09:42:32 AM |
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I've looked on the charts on coinmarketcap as I usually do, everything seemed to be as it always is and then something extraordinary caught my sight: monero is not worth $90 and went 75% up through the day. Usually only shitty coins have these price pumps. What's happening? I know it's a good coin, I was even thinking about buying some. Why is the price suddenly so high? Any major improvements done? Is it really because of rumours ( https://cointelegraph.com/news/monero-price-jumps-over-40-percent-on-rumors-it-will-soon-debut-on-bithumb-exchange)? |
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Keihatsu
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Activity: 224
Merit: 100
crypto revolution
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August 21, 2017, 10:46:38 AM |
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why is this? I sold my $350 of Monero last week  |
faith in authority is the enemy of the truth.
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stomachgrowls
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August 21, 2017, 11:03:10 AM |
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We did already missed the opportunity on buying cheaper monero going back on the previous days and now im regretting again and again. Dont know actually the latest news or rumors and on the link you have given i think it do really have a relation on its price movement. If we did bought earlier we would made almost 100% profits and thats really a serious bunch amount of profits on our portfolio. |
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Devilcheg
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Activity: 136
Merit: 10
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August 21, 2017, 11:06:30 AM |
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Monero has good potential. This coin has one of the safest protocols. Therefore, it will grow in price.
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dlorah111
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August 21, 2017, 11:06:54 AM |
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Maybe it is time for Monero to go to the moon.
It was way undervalued IMO. Needs to be at the $300+ range.
Only regret is not buying more last weeks.
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RoommateAgreement
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August 21, 2017, 11:16:46 AM |
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this is not the first time a good coin goes up in price and it won't be the last, it doesn't have to be a weird thing like the other topic in this board about it is suggesting. and it doesn't have to be "scammers" buying it just because it is the anon coin!
it is just how this market works. coins rise up after some time of accumulation and market manipulation and they come down usually and stop at some better price.
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Buying the dip...
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Aladdin-Sane-83
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Activity: 66
Merit: 10
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August 21, 2017, 11:17:00 AM |
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Finally Monero is moving, was pretty undervalued to some of the coins, that increased in value the past few weeks.  |
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krizniq
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August 21, 2017, 11:17:14 AM |
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well... it's not listed, just rumors from twitter ...
and litecoin is listed there as well but price is not skyrocketing, so why monero should be different?
hmm?
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Ops85
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August 21, 2017, 12:21:42 PM |
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well... it's not listed, just rumors from twitter ...
and litecoin is listed there as well but price is not skyrocketing, so why monero should be different?
hmm?
Because Monero has a feature. LTC doesn't |
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Red-Apple
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August 21, 2017, 12:53:49 PM |
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well... it's not listed, just rumors from twitter ...
and litecoin is listed there as well but price is not skyrocketing, so why monero should be different?
hmm?
simply because the market maker decided that it is not time for litecoin to rise for the moment, and they decided to focus all their attention to monero for the time being and then divert it fully with all the profit they gain from XMR to LTC afterwards. p.s. it is good to see a coin that deserves it, is rising. |
--signature space for rent; sent PM--
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dalecom
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Activity: 40
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August 21, 2017, 12:56:29 PM |
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Do you think Ethereum's upcoming zk-SNARKS will affect Monero's price?
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cryptimus prime
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August 21, 2017, 01:01:51 PM |
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Do you think Ethereum's upcoming zk-SNARKS will affect Monero's price?
Maybe you better ask: Will zK-Snarks on Ethereum affect Zcash price? Monero will be very anonymous with adding the new cryptography from the RuffCT paper which will be published soon. Here are the reasons XMR went up: - Bithumb adding XMR
- RuffCT crypto paper enables RingCT up to around 100 => more anonymity XMR beating ZCash
- Multisig
- light wallets on Google play and Apple store soon
- Kovri I2P in work
- a lot of media coverage for XMR (CNBC, Forbes)
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enhu
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Merit: 1018
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August 21, 2017, 01:09:24 PM |
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Do you think Ethereum's upcoming zk-SNARKS will affect Monero's price?
Its possible. It would likely go to mars, the more options fr those who like privacy. I'd be one of the the keeperr of ETH that will hold forever. I have had mine for over 2 years already to which I bought when the price was just $50. Privacy/ untraceable will be a great feature. |
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neinnein125
Sr. Member
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Activity: 475
Merit: 251
VTOS
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August 21, 2017, 01:41:22 PM |
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I love Monero ever since I learnt about it. It is one of the greatest coins in the market probably right behind bitcoin. I would love to see it going to the moon.
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Matic
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Activity: 310
Merit: 100
https://eloncity.io/
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August 21, 2017, 01:44:34 PM |
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i hope so. have been holding some monero for a long time. maybe it is time to sell? i think i will and maybe buy back when lower
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cryptimus prime
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August 21, 2017, 01:45:49 PM |
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i think i will and maybe buy back when lower
I heard this sentence many times before but...  |
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clarkgeneral86
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August 21, 2017, 02:06:01 PM |
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i hope so. have been holding some monero for a long time. maybe it is time to sell? i think i will and maybe buy back when lower
Sounds like you have a little happy, congrat. I feel like its growth won't be quite linear and stable and it won't be a very sound long term investment to make. |
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Febo
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Activity: 2730
Merit: 1288
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August 21, 2017, 05:13:44 PM |
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Do you think Ethereum's upcoming zk-SNARKS will affect Monero's price?
Maybe you better ask: Will zK-Snarks on Ethereum affect Zcash price? Monero will be very anonymous with adding the new cryptography from the RuffCT paper which will be published soon. Here are the reasons XMR went up: - Bithumb adding XMR
- RuffCT crypto paper enables RingCT up to around 100 => more anonymity XMR beating ZCash
- Multisig
- light wallets on Google play and Apple store soon
- Kovri I2P in work
- a lot of media coverage for XMR (CNBC, Forbes)
Ledger is working on Hardware valet and should be here before end of year. Number of reditors on r/Monero are increasing by 1000 every few days now and should reach 20000 soon. Last wave of newcomers that hit crypto in Spring 2017 just discovered the most fungible coin in existence. |
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Karmakid
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August 21, 2017, 06:23:14 PM |
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I kept hearing about monero nowadays. It's good news that it's rocketing it's way up. I don't have any monero and I think since it's price is increasing in value, it's not ideal to buy anymore because I will not gain from it. Any ideas or suggestion guys? I'm not really into altcoin investment since there's a lot of altcoin and I don't know which is which. |
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