[XMR] Monero Speculation

[TrueCryptonaire]

Since the beginning, each time Monero has dropped from the high points it has recovered. I do not see any reason why it will not do it this time also. I do not recommend panicking - just keep holding and live in denial.  
Bear in mind, selling Moneros higher than you have bought leads to tax consequences so no point in selling... My bag doesn't feel painful to me to bear especially because I have no better use for those funds. Thinking afterwards, I should have gone all in Monero when the price was 0.001. Today I would be significiantly richer. And I think after 5-10 years the current price feels like peanuts.

[MrGood]

LOL the more I read about Zcash the more suspicious I am.
No one from outside the development team has reviewed the crypto?
Relying on a "trusted setup" from the start? If there is a bug someone can make infinite coins and no one will ever know?
This is the exact type of setup someone like the NSA or other government agencies would backdoor.

Everything about ZCash smells like a spycoin.

Hopefully anyone with half a brain and a good understanding of international politics should see this too.

[SaKNM]

NrG, why are you such a flip flopper? You are clearly just making propaganda trying to serve your own agenda. There is not a lot of people writing here but there are clearly more silent readers as there is hardly anything else about Monero speculation on the net. A few pages ago, you were saying the exact opposite.

I just made an account to confirm what you say is true. I am a 1% earner in a G7 country. Given the systemic risk in the current financial system, Monero offers significant promise, and I am investing accordingly. Short term volatility is immaterial to my interest in Monero. Busy adults who are important in the real world don't troll internet forums. These trolls have an agenda, and aren't fooling anyone who matters.

[gkv9]

XMR is standing strong currently with its BTC0.01 price stability and the support is also good at BTC0.0097, but I think that it won't go below that level currently and retest the resistance at BTC0.01069 where it was recently moved towards...

[N-rG]

LOL the more I read about Zcash the more suspicious I am.
No one from outside the development team has reviewed the crypto?
Relying on a "trusted setup" from the start? If there is a bug someone can make infinite coins and no one will ever know?
This is the exact type of setup someone like the NSA or other government agencies would backdoor.

Everything about ZCash smells like a spycoin.

Hopefully anyone with half a brain and a good understanding of international politics should see this too.

I agree that zCash is fishy. But still a vey good opportunity to make money with. Find coins with low lending fees and go for long term short. What a funny word connection long short 

[N-rG]

https://www.reddit.com/r/Monero/comments/57hawm/moneromarket_weekly_stats/

Here is the results for our first week of operations:
Website visits: 4,226.
Private listings: 10.
Public listings: 13.
Total listings: 23.
Accounts: 120.
Number of transactions: 0. <---- really ? yup.
Number of reviews: 0.
Nothing to be proud of yet.

[Anon136]

Everything about ZCash smells like a spycoin.

Hopefully anyone with half a brain and a good understanding of international politics should see this too.

https://youtu.be/gHOAKWzDH-Q?t=1m38s

[ozkraut]

Everything about ZCash smells like a spycoin.

Hopefully anyone with half a brain and a good understanding of international politics should see this too.

https://youtu.be/gHOAKWzDH-Q?t=1m38s

lol. Spot on. Scary when screenwriters already think that way.

[Hueristic]

LOL

[–]trappy_AB1 point 8 days ago

It hurts nobody and makes us a ton of money. Fuck you for disliking my harmless endeavors. I'm going back to siphoning petrol from automobiles.

[N-rG]

I guess Adolf comes within 24 hrs telling us he cannot take this anymore and sells his coins with small loss in order to buy back 3 % lower again.

The last time i sold i ended up lowering my breakeven price from 0.01371 to 0.01106, now it's too late to sell but i have considered selling above 0.012 but unfortinatily i have decided to wait 0.013 and lose a lot of money.

I have noticed from poloniex that the selling almost stops below 0.0113, i guess almmost all holders that is left are expecting higher prices. A lot of people seam to struggle with when to buy/sell and this moment. We are not in a downtrend for now(price has remained above 0.011 most of the time and never dropped below 0.01 again) but it's not really an uptrend either since the peaks are getting lower too.

Well, I guess we will not see 0.01 for our monero  and I believe it is a good buy with the current price in polo, if price will stable in that range there's a great chance that it will increase in due time giving us a good income as we have bought a cheaper price of monero now.

 

Last Price 0.00972243 ....

[adolf512]

Last Price 0.00972243 ....

I did a 12.68 BTC short to recover my losses(and a lot more), should have listened to you and reversed my position much earlier.

[N-rG]

better dont say so otherwise you'll get insulted again by the others who wants you to carry heavy bags

[bbc.reporter]

To top all of it now, there is news about Poloniex having security issues that needs to be fixed. The article is posted on Crypto Coins News. There is a part of me that is thinking that this is only FUD. But if you remember what happened to Cryptsy, the first news about it that said that the exchange was not anymore liquid was also considered FUD and only a rumor. It turned out to be true and many people got their coins trapped.

[alexf1852]

To top all of it now, there is news about Poloniex having security issues that needs to be fixed. The article is posted on Crypto Coins News. There is a part of me that is thinking that this is only FUD. But if you remember what happened to Cryptsy, the first news about it that said that the exchange was not anymore liquid was also considered FUD and only a rumor. It turned out to be true and many people got their coins trapped.

They responded to that article here:
https://www.reddit.com/r/CryptoCurrency/comments/57q9gf/poloniex_is_secure_were_good/

[mambamanagement]

so have we reached a bottom, or do we continue downwards from here?

[N-rG]

so have we reached a bottom, or do we continue downwards from here?

Replace baby with monero https://www.youtube.com/watch?v=oUbpGmR1-QM

but we are on the way to come to a point where people cannot be wrong by saying "it will rise"

[TrueCryptonaire]

Some trolls told in the Polo trollbox that Monero died for the sins of its community....  

I wonder if it is possible.  

-------------------

I guess it is time to add some more bids. Put 3 more bids in the markets. 1 got filled within the past 12 hours or so. Currently I have 8 bids and I have bitcoins in the sideline waiting in case of emergency. 

[Take A Horse To Water]

Some trolls told in the Polo trollbox that Monero died for the sins of its community....  

I wonder if it is possible.  

That's not really how the conversation went though is it?

It was more like this:-

malik: poor XMR
TrueCryptonaire: did xmr die for our sins?
malik: nobody know

Perhaps in future it would be best not to preload the narrative.

[TrueCryptonaire]

Don't get me wrong, I am not bearish despite the trend line is showing signs of bearishness.
I have prepared already for Monero to go to 0 so there will be no Moneros for sale from me when the price goes down. I am so sorry.

I have been busy filling the Polo with bids. So should you if you have faith in the Monero for long haul (20+ yrs).

[N-rG]

So should you if you have faith in the Monero for long haul (20+ yrs).

lol. After all what you were praying here recently you stated something like this