[XMR] Monero Speculation

[explorer]

Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

I would wait till it comes down to at least 0.003, but I'm pretty much always wrong...

Not.


You have made some astute calls that I ignored in the past, because hope.

  Still, FOMO  

[aminorex]

Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

I would wait till it comes down to at least 0.003, but I'm pretty much always wrong...

That would be pretty unlikely unless btcusd approached 9³.  In which case it would be far less unlikely.

[smoothie]

Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

I suggest you seek professional financial advice from someone licensed to do such a thing.

[Dotto]

My wannabe witty bananas speculation:



"From what we see in the frescoes and paintings found at the Palace of Knossos, there are no hints of violence or death. The bull was actually a sacred animal and was never to be killed or tortured in any way."

Looks like a bull goring one crypto on the left and kicking another in the nuts, on the right. 

Yeah, like only skinny white guys can be crypto, right?  GTFOLOL

A bull having an orgy with three of his muses from Lesbos.

That´s a visionary tale of the fate of some XMRs hodlers.

The guy was an artist

[bedskills]

I buy Mon-er-o.... ev-ery-day.... I buy Mon-er-o
I buy Mon-er-o.... ev-ery-day.... I buy Mon-er-o

When I wake up,
I'm grabbing my phone,
I gotta buy them all,
I wanna buy Mon-er-o,
All day long (all day long).

I buy Mon-er-o.... ev-ery-day....I buy Mon-er-o.
I buy Mon-er-o.... ev-ery-day....I buy Mon-er-o.

https://www.youtube.com/watch?v=vfc42Pb5RA8

Monero is my faith, and yours too?   

When I get up or go to sleep, I love monero, I sleep with monero. I buy buy buy it with my salary. 

[birr]

I think Monero is very promising and I put my money where my mouth is.
But this thread is an echo chamber populated with a mix of starry-eyed evangelists, and the odd troll here and there.

In response to Altitude, who wants to know when to buy, I'm going to assume you're young.
I'm not young.  I am retired. I have decades of experience, and made plenty of mistakes along the line financial and otherwise.
My advice:  unless you're a master trader wirh complete emotional detachement, find a strategy you can stick with.  In the best case scenario, the discipline involved will keep you from making short-term emotional decisions.  You may need a long view of decades, but I get the impression from your admittedly brief post that your horizon is pretty short.

I would suggest reading up on value averaging (not dollar cost averaging).  If you think it can work for you, then apply it.  By all means, apply it flexibly, not by rote. Run simulations of different scenarios.  Just working out the performance of a particular investment strategy by simulating its returns in different market scenarios (e.g. various levels of volatility and different returns over the long run) will distance you from the emotional side of thinking and put you on much firmer footing for the making of investment decisions.
I suggested value averaging because I like it, and it is designed for long investing horizons.

[TrueCryptonaire]

What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...

[Febo]

What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...

Marketing. It bring new people in alts. So is only positive for Monero and other solid coins.

[Dotto]

What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...

I suggest do a XMR collect, send it to Amanda B Johnsons in a multisign fashion and release it to her only when she pumps it to the stratosphere.

Let´s brainstorm the details

[noobtrader]

What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...

huh... if only you guys buying Darkcoin when it was few dollar instead of troolling them... then you guys might have more BTC to pump XMR now....
#rekt

[TrueCryptonaire]

What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...

I suggest do a XMR collect, send it to Amanda B Johnsons in a multisign fashion and release it to her only when she pumps it to the stratosphere.

Let´s brainstorm the details

Actually I like the idea.
Just raising bounty for Monero marketing for 3 years.
200 XMR/day for pumping would be released.
It costs 219 000 XMR all together, and probably it will be bringing tons of new blood into the community.
It can be indeed Amanda B Johnson or someone else. I do not really care but the important thing is that the word gets out.

[nanobrain]

But this thread is an echo chamber populated with a mix of starry-eyed evangelists, and the odd troll here and there.

Hardly insightful, you could say that about the entire cryptoverse.

I'm going to assume you're young.
I'm not young.  I am retired. I have decades of experience,

I am also "not young" and one of the things I've learn't is not to make assumptions about people, blow hard about my "experience" or seek refuge in cliches about "detachment" when talking about trading.  Funny how life reveals different lessons to different people.

[Dotto]

What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...

I suggest do a XMR collect, send it to Amanda B Johnsons in a multisign fashion and release it to her only when she pumps it to the stratosphere.

Let´s brainstorm the details

Actually I like the idea.
Just raising bounty for Monero marketing for 3 years.
200 XMR/day for pumping would be released.
It costs 219 000 XMR all together, and probably it will be bringing tons of new blood into the community.
It can be indeed Amanda B Johnson or someone else. I do not really care but the important thing is that the word gets out.

200/day  seems a bit too much. We are looking for a truly believer, not a mercenary. 50/day during lets say 6 months, coinciding with the feb dates is, I think, more than enought. 2-3 videopodcast per week. I really like the Amanda profile, as she knows enought about crypto cogs  and she has a nice flow in the communication department. Watch:

https://www.youtube.com/watch?v=wMamUypjrZ0

[cryptimus prime]

Regarding marketing, why has this been completely ignored: https://www.reddit.com/r/Monero/comments/4xpneb/monero_advertising_accepting_monero_for_user/

[birr]

Well, I can't compete with petty adolescent triumphalism. 

[Febo]

Regarding marketing, why has this been completely ignored: https://www.reddit.com/r/Monero/comments/4xpneb/monero_advertising_accepting_monero_for_user/

When GUI will be finished, we could also crowdfound some projects like this. Same as some development is founded, can also be this.
I know that is against many Monero supporters principals, but is not against all.
It is nothing bad if you tell the world of the best anon coin. Actually is your duty to do it!

I ofcourse have no ideas how perfect suggestion of this guy was. But if there is place where people post their suggestions, i am sure there will be few perfect ones.

[TrueCryptonaire]

What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...

I suggest do a XMR collect, send it to Amanda B Johnsons in a multisign fashion and release it to her only when she pumps it to the stratosphere.

Let´s brainstorm the details

Actually I like the idea.
Just raising bounty for Monero marketing for 3 years.
200 XMR/day for pumping would be released.
It costs 219 000 XMR all together, and probably it will be bringing tons of new blood into the community.
It can be indeed Amanda B Johnson or someone else. I do not really care but the important thing is that the word gets out.

200/day  seems a bit too much. We are looking for a truly believer, not a mercenary. 50/day during lets say 6 months, coinciding with the feb dates is, I think, more than enought. 2-3 videopodcast per week. I really like the Amanda profile, as she knows enought about crypto cogs  and she has a nice flow in the communication department. Watch:

https://www.youtube.com/watch?v=wMamUypjrZ0

I think 6 months is way too short period... In the beginning it takes time people even find the vids, after the follower base is somewhat decent it takes also time for people to adapt a new paradigm. For smarter people it takes less time than the average people. However, I think 6 months is way too short period of time.

Social media such as Youtube is definetely the way to attract the large masses, perhaps also traditional blogs as well (from the blogs more sophisticated people are attracted because those people tend to love reading).

[Hueristic]

Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

I suggest you seek professional financial advice from someone licensed to do such a thing.

Make sure they are a "Fiduciary" and not a "financial advisor", there is a huge difference.

I think Monero is very promising and I put my money where my mouth is.
But this thread is an echo chamber populated with a mix of starry-eyed evangelists, and the odd troll here and there....

Bullshit! I call them like I see them. Prove otherwise.

[Aby Normal]

Thrash needs advertising, gold doesn't - it just needs to be discovered and the army of gold diggers will follow.
Monero has excellent web wallet for almost two years and it doesn't even have a faucet, yet most people on this thread are acting like vacuum cleaner salesman. Instead of spreading awareness (faucets, blogs, etc ...) they are following the DASHoles way (even suggesting to use same PR as them), whats next - worshiping the holy vending machine or dragging in your friends & family to build a bigger ponzi pyramid?
If you really love your Monero bag then there's no need for aggressive advertising campaign cos that would mean you only want to get rid of it @higher price possible.
Here's a boner for all of you that think advertising will bring financial freedom to the world:
https://www.youtube.com/watch?v=jemqAtxKyAo

PS
Just wrote to Faucetbox support asking about possibility of adding Monero, ready to chip in 100XMR to make it real, hope they'll answer soon

[Fragbait]

Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

Chances are it will come down quite a bit after zcash promotion engine starts revving up. But will it be a good entry I don't know.