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Author Topic: [XMR] Monero Speculation  (Read 3312335 times)
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explorer
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December 31, 2014, 07:47:47 PM
 #2141

I venture that almost everybody here is a ballsy risk-taker who presses their limits.  Most of us will suffer for it (but in very limited, almost ludicrous, sense of "suffering", on the broad human scale), and a few will bank big-time.  My prayer is that the good guys fall mainly in the latter camp.


Truth.  If you are dabbling or swimming in crypto, especially alts, you/we are most certainly content/compelled to gamble/gambol on the edge  Cheesy 
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December 31, 2014, 07:58:47 PM
 #2142

I venture that almost everybody here is a ballsy risk-taker who presses their limits.  Most of us will suffer for it (but in very limited, almost ludicrous, sense of "suffering", on the broad human scale), and a few will bank big-time.
These are problems of human nature (risk taking), innovation distribution, the social order and economic system in general. This is not Monero related. (And most of it, isnt even that bad, as it first seems.)

Moneros distribution and whole launch is very fair. (What can't be said about most other coins.)
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January 01, 2015, 12:06:36 PM
 #2143

One major thing I would love to see happening to Monero is to be accepted in one of the main bitcoinexchanges.
Perhaps bitstamp could add Monero, too? Then we could have more liquidity and the price of Monero is not that much dependent on the price of bitcoin.
Perhaps MEW could take this as a challenge for 2015-2016?
This kind of acceptance would be huge step forward for Monero and might cause even a nice rally as converting fiat to Monero is made more straightforward. Now the fiat-converting to Monero is as complex process as it is to use bitcoins anonymously.  Wink
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January 01, 2015, 03:12:14 PM
 #2144

It keeps going around 135k Satoshi, nobody's expected a rise soon as I see from your writings. So is it valuable price to sell and buy low later?
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January 01, 2015, 03:28:44 PM
 #2145

It keeps going around 135k Satoshi, nobody's expected a rise soon as I see from your writings. So is it valuable price to sell and buy low later?

I do not want to give advice but I can only tell what I am doing.
I am watching dips and then nibbling here and there.
Definetely not buying a lot at one shoot since it just leads to highish average price but patiently buying little all the time.
Selling low is not something I am planning to do. I am not personally trying to speculate on bearish trend but I am buying and storing them for long term deeply frozen storage units.
I am interested in selling when the price starts to rise, and also then I am selling only small incremends at time since I do not need those money desperatively I have put into Monero so I am able to waite for the highest prices and still holding Moneros.
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January 02, 2015, 05:12:45 AM
 #2146

It keeps going around 135k Satoshi, nobody's expected a rise soon as I see from your writings. So is it valuable price to sell and buy low later?

I do not want to give advice but I can only tell what I am doing.
I am watching dips and then nibbling here and there.
Definetely not buying a lot at one shoot since it just leads to highish average price but patiently buying little all the time.
Selling low is not something I am planning to do. I am not personally trying to speculate on bearish trend but I am buying and storing them for long term deeply frozen storage units.
I am interested in selling when the price starts to rise, and also then I am selling only small incremends at time since I do not need those money desperatively I have put into Monero so I am able to waite for the highest prices and still holding Moneros.

Cost averaging approaches tend to work very well over time particularly with a highly volatile asset such as Monero.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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January 03, 2015, 01:31:58 PM
 #2147

i know it probably happens often, and when it does its only fleeting...

but BTC just dipped below 300$.

and everything else shows a -% 24 hr change leading all the way up to 19 (XMR) +1.82% on coinmarketcap, (except for Supernet, which isn't even a currency)

silly markets

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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January 03, 2015, 02:14:36 PM
 #2148

i know it probably happens often, and when it does its only fleeting...

but BTC just dipped below 300$.

and everything else shows a -% 24 hr change leading all the way up to 19 (XMR) +1.82% on coinmarketcap, (except for Supernet, which isn't even a currency)

silly markets


How low will BTC go? Time to buy. Cheesy

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 03, 2015, 02:40:17 PM
 #2149

Updated monero price forecast:
http://bullbearanalytics.com/2015/01/03/monero-price-forecast-track/

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January 03, 2015, 03:20:45 PM
 #2150

i know it probably happens often, and when it does its only fleeting...

but BTC just dipped below 300$.

and everything else shows a -% 24 hr change leading all the way up to 19 (XMR) +1.82% on coinmarketcap, (except for Supernet, which isn't even a currency)

silly markets


How low will BTC go? Time to buy. Cheesy

Almost time: https://www.tradingview.com/v/pq2k6uCL/  probably down somewhere between $230-280
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January 03, 2015, 11:42:22 PM
Last edit: January 04, 2015, 12:56:03 AM by jehst
 #2151

Up 10% against BTC. There have been several days where almost every major coin is totally red except for Monero. I find that very interesting. As we've discussed, XMR is a hedge. There's some small (but not minuscule) chance that XMR ascends to the crypto throne, or at least becomes part of a ruling triumvirate in the crypto world. The Lepidus to BTC's Octavian. That chance grows significantly as bitcoin moves back down towards the 100s and Mark Antony's LTC remains bed-ridden with disease. There are at least a few big players in the market who realize this. The hardcore cryptoanarchist geeks like Satoshi, if he's still around, are almost certainly paying attention to Cryptonote technology.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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January 04, 2015, 02:00:24 AM
 #2152

Dump XMR at your own risk! Haha

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January 04, 2015, 02:36:37 AM
 #2153

The market just keeps running away from my bids.  Things are NOT going as planned.  Cry

In the midst of a falling XBT/USD price. Hmm...

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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January 04, 2015, 10:48:59 AM
 #2154

We need more dumpesters indeed.   Cry
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January 04, 2015, 03:20:37 PM
 #2155

If 2015 is the year the alts really start to take on Bitcoin as number one, I wonder if Monero will be up there with the other giants, Ethereum, Bitshares, etc...

My fear is that Monero gets left behind.
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January 04, 2015, 05:19:02 PM
 #2156

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

Quote
Hi Hueristic,

This email is to confirm that you initiated a purchase of 1.00 BTC for $304.68 on January 03, 2015, at 08:10AM to be paid for with <redacted>.

Your bitcoin will arrive by the end of day on January 09, 2015.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 04, 2015, 05:32:42 PM
 #2157

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

Quote
Hi Hueristic,

This email is to confirm that you initiated a purchase of 1.00 BTC for $304.68 on January 03, 2015, at 08:10AM to be paid for with <redacted>.

Your bitcoin will arrive by the end of day on January 09, 2015.

You might try bugging people in #monero-otc on Freenode. Fluffypony is usually willing to bend over backwards to help people, in my limited observational experience.
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January 04, 2015, 05:38:23 PM
 #2158

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

Quote
Hi Hueristic,

This email is to confirm that you initiated a purchase of 1.00 BTC for $304.68 on January 03, 2015, at 08:10AM to be paid for with <redacted>.

Your bitcoin will arrive by the end of day on January 09, 2015.

You might try bugging people in #monero-otc on Freenode. Fluffypony is usually willing to bend over backwards to help people, in my limited observational experience.

Thx. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 04, 2015, 07:25:58 PM
 #2159

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?


If it's not to bad just buy at market price. In the long term it's not much difference.

"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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January 04, 2015, 07:31:55 PM
 #2160

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?


If it's not to bad just buy at market price. In the long term it's not much difference.

Done, thx guys. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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