[XMR] Monero Speculation

[fox19891989]

Dump hard

XMR lost 10k sat resistance, it will go down further.

[TrueCryptonaire]

Dump hard

XMR lost 10k sat resistance, it will go down further.

PAAAAANIIIIIIC SELLLLLLLLLL!   

[600watt]

of all those altcoins i had chosen this one. never touched any of those scamcoins, never gave it a thought. but then i changed my mind and invested in monero. of course, it had to be the one going down so hard. i should have warned you.

but hey, the btc i lost via monero are losing value fast also, so loss is getting smaller and smaller  



edit: monero is not a scam, didn´t want to imply that.

[smooth]

of all those altcoins i had chosen this one. never touched any of those scamcoins, never gave it a thought. but then i changed my mind and invested in monero. of course, it had to be the one going down so hard. i should have warned you.

It's not really "the one" going down hard. It has lost value faster than some, but not dramatically so. In terms of market cap rankings, since this downturn started, its dropped around 10 spots from its long-held spot in the low teens of coinmarketcap to the low 20s, and that's out of several hundred coins. On the list with premined/nonmined coins removed it has dropped from #8 to #9.

No question there are some big losses here, but there are many losses all over the market.

[farfiman]

At BTC closing on 300$ and XMR below .001  its great time to buy btc and buy XMR with them....

[aminorex]

My overall approach has been to short u.s. equities, rolling gains into xmr via btc.  The short gains part is now locked in.  It looks like a very good time to roll.  I have abandoned hope of 00085.

[ArticMine]

My overall approach has been to short u.s. equities, rolling gains into xmr via btc.  The short gains part is now locked in.  It looks like a very good time to roll.  I have abandoned hope of 00085.

I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast.

[Anotheranonlol]

EtherEx on Ethereum could rapidly make Cryptsy and other crypto-crypto exchanges obsolete.

Could being the big word here. It will not allow real time trading. They say this is an advantage since it won't have HFT. I sympathize with that point of view somewhat, but so far almost every market (both crypto and non-crypto) has preferred real time exchanges.

Overstock's Medici on Counterparty would be pretty big.

Do they have a target date for actually trading? I'm not sure it is realistic to see this fly in 2015, given the regulatory speed limit. Maybe, but look how the Bitcoin ETFs have gotten bogged down.

They have incorporated recently, and things seem to be on track.

From reading excerpts -  Q3 2014 Overstock.com, Inc. Earnings Conference Call provided by Thomson Reuters the timeline is generally aimed at months, rather than years. They have a framework in place- established guidelines to follow, Perkins Coei is working in background (and have already done legwork on drawing up the now active CounterParty foundation) , afaik focus is on CFTC now . Resistance may well be less than with the ETF.

[dEBRUYNE]

My overall approach has been to short u.s. equities, rolling gains into xmr via btc.  The short gains part is now locked in.  It looks like a very good time to roll.  I have abandoned hope of 00085.

I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast.

I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower.

[TrueCryptonaire]

My overall approach has been to short u.s. equities, rolling gains into xmr via btc.  The short gains part is now locked in.  It looks like a very good time to roll.  I have abandoned hope of 00085.

I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast.

I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower.

You are right in this.
However the uptrend is possible only by 2 ways:

1) Much lower emission than the current (takes 1-2 years from now)
2) Drastic increase in adoption

[Hueristic]

My overall approach has been to short u.s. equities, rolling gains into xmr via btc.  The short gains part is now locked in.  It looks like a very good time to roll.  I have abandoned hope of 00085.

I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast.

I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower.

You are right in this.
However the uptrend is possible only by 2 ways:

1) Much lower emission than the current (takes 1-2 years from now)
2) Drastic increase in adoption

3) Increased Investors

Who wants to add #4?

[iCEBREAKER]

My overall approach has been to short u.s. equities, rolling gains into xmr via btc.  The short gains part is now locked in.  It looks like a very good time to roll.  I have abandoned hope of 00085.

I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast.

I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower.

You are right in this.
However the uptrend is possible only by 2 ways:

1) Much lower emission than the current (takes 1-2 years from now)
2) Drastic increase in adoption

3) Increased Investors

Who wants to add #4?

4) China

[G2M]

5) Russia

[rpietila]

Guys,

The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard.

Don't make things sound overly difficult. 

[Hueristic]

Guys,

The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard.

Don't make things sound overly difficult. 

You did not answer this in the correct form! Fixed,

6) having 1-2 middle class private people "investors" onboard

[iCEBREAKER]

Guys,

The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard.

Don't make things sound overly difficult. 

You did not answer this in the correct form! Fixed,

6) having 1-2 middle class private people "investors" onboard

You got the form wrong too.  It has to be Number Four.  EG:

4) Black Swan

[Hueristic]

Guys,

The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard.

Don't make things sound overly difficult.  

You did not answer this in the correct form! Fixed,

6) having 1-2 middle class private people "investors" onboard

You got the form wrong too.  It has to be Number Four.  EG:

4) Black Swan

Huh?

https://bitcointalk.org/index.php?topic=753252.msg9884072#msg9884072

[Whtwabbit]

7) http://armstrongeconomics.com/2014/12/18/japan-considering-exit-tax-to-leave-country/

[explorer]

7) http://armstrongeconomics.com/2014/12/18/japan-considering-exit-tax-to-leave-country/

They figure 'what the hell, the Americans can do it without a Revolution, should work here'

[TrueCryptonaire]

It still needs both of the two or one of them:

1) Lower emission (need to waite for that for a couple of years)
2) Drastic increase in adoption (in numbers of coins).

Period.

All the other stuff listed are included into those two categories. Unfortunately Monero is very unlikely going to increase from the current numbers any time soon. Patience is needed. I am sorry to tell this.