[XMR] Monero Speculation

[Altitude]

I sold 55% of my xmr today for a nice healthy profit. I'll buy back in a few months when the price has shed over 50% of its gains.

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[arielbit]

just wait for the news "about a currency that is better and faster compared to bitcoin" being used in dark markets that is untraceable and gives anonymity to its users.

panic will ensue and XMR will enter a new ALL TIME HIGH.

[rpietila]

I sold 55% of my xmr today for a nice healthy profit. I'll buy back in a few months when the price has shed over 50% of its gains.

Bitcoin also started from sub-$1 one point. Especially the ride to $32 left no prisoners so good luck with your plan.

(I do advocate diversifying, but not buying back lower, because I think it increases the risk with no corresponding gain).

[iCEBREAKER]

just wait for the news "about a currency that is better and faster compared to bitcoin" being used in dark markets that is untraceable and gives anonymity to its users.

panic will ensue and XMR will enter a new ALL TIME HIGH.

Can we get Wikileaks and Snowden to accept XMR?

Let's pose as outraged Chuck Schumer constituents in a moral panic over Alphabay, demanding Something Be Done.

With luck he'll hold a press conference blasting Monero, and aaww-way we go (to the MOON)!   

[Altitude]

I sold 55% of my xmr today for a nice healthy profit. I'll buy back in a few months when the price has shed over 50% of its gains.

Bitcoin also started from sub-$1 one point. Especially the ride to $32 left no prisoners so good luck with your plan.

(I do advocate diversifying, but not buying back lower, because I think it increases the risk with no corresponding gain).

Yeah, see unfortunately I have to take your advice with a grain of salt because its widely known that you are an xmr bagholder profit maker.  But for a long time you were a bagholder.
I dont think xmr will see $32 any time soon but ofcourse I would have said we would never see a 10$ ETH.

Thanks for your advice but i'll pass on it this time and hope for a low reentry and if I missed it then I'll sit good with my other 45% xmr and my new bitcoins from selling the 55% earlier.

[reb0rn21]

Is there any news why XMR is going very high? This has come as a surprise for me because I have missed it in the news. Maybe this is a pump and dump?

Classic pump and dump, if you got in train just keep the waves, if you had not, beware monero is atm at his peak and be sure of trading to jump out quickly

Also monero mining is long dead, they killed the block reward so beware, like any others coins that kill POW to fast for personal P/D

[dEBRUYNE]

And another thing.  I have the viewkey of the wallet it was sent from, tx id etc.  How do I look at the transaction on the blockchain?  I don't have simplewallet.

You either need the viewkey of the receiving address, the receiving address itself, and the transaction hash or the tx key of your own transaction, the receiving address, and the transaction hash.

Either way, you can use this tool:

http://xmr.llcoins.net/checktx.html

[dEBRUYNE]

Is there any news why XMR is going very high? This has come as a surprise for me because I have missed it in the news. Maybe this is a pump and dump?

Classic pump and dump, if you got in train just keep the waves, if you had not, beware monero is atm at his peak and be sure of trading to jump out quickly

Also monero mining is long dead, they killed the block reward so beware, like any others coins that kill POW to fast for personal P/D

Mining Monero is extremely profitable at the moment, FYI. Stop FUDing / talking your book.

[bbc.reporter]

Is there any news why XMR is going very high? This has come as a surprise for me because I have missed it in the news. Maybe this is a pump and dump?

Read back through the last 20 pages or so, most of it is there (adoption by darknet markets, impending conclusion of various dev projects, increased public awareness).

Yes I have recently read that 2 darknet markets will start accepting XMR starting on September 1. I think this is the main reason why there are many speculating with XMR right now. No one will admit it but the value of bitcoin was partly acheived because it was highly used in the Silk Road.

[sandiman]

Bullishness indicator just exploded 

[nanobrain]

Is there any news why XMR is going very high? This has come as a surprise for me because I have missed it in the news. Maybe this is a pump and dump?

Classic pump and dump, if you got in train just keep the waves, if you had not, beware monero is atm at his peak and be sure of trading to jump out quickly

Also monero mining is long dead, they killed the block reward so beware, like any others coins that kill POW to fast for personal P/D

Congrats on the most misinformed and willfully ignorant post I've read for a long time.

[bedskills]

0.00938, almost it hit the ATH, I remember the old ATH was almost 0.01. It looked like Dash almost hit ATH in days ago.

[birr]

So I need

the tx key of your own (my) transaction, the receiving address, and the transaction hash.

I'm using mymonero.com  I can retrieve my spend key there.  Is that what you mean by "tx key"?
Mymonero.com also shows a transaction ID.  Is that what you meant by "transaction hash"?

[dEBRUYNE]

So I need

the tx key of your own (my) transaction, the receiving address, and the transaction hash.

I'm using mymonero.com  I can retrieve my spend key there.  Is that what you mean by "tx key"?
Mymonero.com also shows a transaction ID.  Is that what you meant by "transaction hash"?

Do not put your spend key on that tool! The private tx key is denoted as r in the CryptoNote whitepaper and allows you to prove that you send a payment to a certain address. Unfortunately, MyMonero currently has no option to retrieve the private tx key. Thus, you would have to use simplewallet to retrieve the private tx key.

The transaction ID is indeed the transaction hash.

[birr]

So I need

the tx key of your own (my) transaction, the receiving address, and the transaction hash.

I'm using mymonero.com  I can retrieve my spend key there.  Is that what you mean by "tx key"?
Mymonero.com also shows a transaction ID.  Is that what you meant by "transaction hash"?

Do not put your spend key on that tool! The private tx key is denoted as r in the CryptoNote whitepaper and allows you to prove that you send a payment to a certain address. Unfortunately, MyMonero currently has no option to retrieve the private tx key. Thus, you would have to use simplewallet to retrieve the private tx key.

The transaction ID is indeed the transaction hash.

OK

[smooth]

Nostalgia. https://vid.me/ima7

[RayX12]

Nostalgia. https://vid.me/ima7

I share similar actions and nostalgia for my XMR that I mined for over a year.  Fuck!

[rpietila]

I can't believe you are not holding Monero!

Still at least you have a roof over your head  

Yeah, shit happens, but the house is still promising. We are starting a community there and Daniel Raissar is coming. Life goes on.

I'd be interested in your thoughts about XAG - it seems to have taken a life of its own recently. How long do you think the recent correction will continue?

Um no idea. Historically XAG is quite cheap so I'd invest a small % of portfolio as a hedge with appreciation potential. But it is no more a lynchpin of the global economy, ever since crypto was invented.

[TrueCryptonaire]

I have not sold any Moneros. For me Monero is a hit or a miss.
I am almost bullish on Monero since it is quite close to ATH..

It is very good for Monero's price development in the future that the number of large owners are decreasing and the coin gets more diversified at this point. The important thing for the rest of the bagholders is to give liquidity to the dumpers and let the early weak hands get shaken first.  

I am counting heavily on the future demand.

I think Monero should equal to 1 oz gold, and further in the future to 100 gram of gold.
Bear in mind, if there are 20 million junkies looking for 1 XMR it will take terribly long time until they can have 1 simultaneously.

[DonYo]

the number of large owners are decreasing and the coin gets more diversified at this point

What evidence do you have?

Early weak hands? Inmho, Monero has (had) the strongest bagholders ever met in the world