[XMR] Monero Speculation

[Febo]

So... all still okay mostly, you guys think?  

Any reason to change anything, rebalance portfolio, add/remove XMR to some other coin or whassup really?

Best time to buy is when you doubt most. In 2015 when Monero was cheapest i bought only few. And Monero was nothing different then was in 2014 or 2016.   Now I can only  wish I would change some pocket money in Monero back then.

[1714056479]

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[1714056479]

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[smoothie]

You are missing an arrow....

care to draw it in to the upside? 

[Nathan047]

All this "stability" lately and slow-bleed really does kinda sorta feel like it ought to be a set up for a nice punchy fast spike rally, maybe quick POP to $50...?

Soon^TM...? ? ? ? ? ? ?  

I sure hope so. As I stated I was going to do, I just bought a fair amount of XMR. Whether this will be a short day trade or a long time hold I'm not sure, but I do feel somewhat certain that XMR will be getting a decent pump sometime (even if it takes a while).

[crairezx20]

I hope that its just speculation base that i heard i outside people who are selling monero in the market a people who are mining XMR not a trader i think
Those are mining with vps or abusing the aws free trial if you heard many people even in digital goods or my client said when i sell my aws to them they are saying that they are using it for mining purposes,  and their target is XMR to mine.. I have one friend and we are testing to mine using minergate in ubunto instance launch in aws.
And confirm they are mining XMR using the trial service of aws.
Good luck i just share what i heard. about miners n monero..

[Raja_MBZ]

All this "stability" lately and slow-bleed really does kinda sorta feel like it ought to be a set up for a nice punchy fast spike rally, maybe quick POP to $50...?

Soon^TM...? ? ? ? ? ? ?  

I sure hope so. As I stated I was going to do, I just bought a fair amount of XMR. Whether this will be a short day trade or a long time hold I'm not sure, but I do feel somewhat certain that XMR will be getting a decent pump sometime (even if it takes a while).

-if you keep it the short day trade, you'll have less profit in less time.
-if you keep it the long day trade, you'll have more profit in more time.

That's how I see the current scenario of Monero.

[Nathan047]

I sure hope so. As I stated I was going to do, I just bought a fair amount of XMR. Whether this will be a short day trade or a long time hold I'm not sure, but I do feel somewhat certain that XMR will be getting a decent pump sometime (even if it takes a while).

-if you keep it the short day trade, you'll have less profit in less time.
-if you keep it the long day trade, you'll have more profit in more time.

That's how I see the current scenario of Monero.

Yup, which is why I’m waiting to see exactly what happens. If we hit 40$-50$ then I’ll be jumping on the opportunity to make a quick buck, otherwise I’ll probably hold onto it and try to make some cash in the long run.

[Hueristic]

all crypto coins at this time speculation and dumping .

Monero of this situation may affect positively. in order to give support to new projects and to have a say in the future it has to be strong. 

God bless the MONERO. 

Why don't you just give him the account back you sound like a moron.

[rcmiranda01]

Why is monero quite going down right now? should i hodl?

[shamzblueworld]

Why is monero quite going down right now? should i hodl?

Yup! Its has gone down and down and kept going down. But what else to do than to hold? Shouldn't be sold and lose so I'd suggest to hold em tight and wait... hopefully it will bounce back in time.

[Nivir]

You are missing an arrow....

care to draw it in to the upside? 

Please fasten your seatbelts.

[StarrManUK]

Why is monero quite going down right now? should i hodl?

Yup! Its has gone down and down and kept going down. But what else to do than to hold? Shouldn't be sold and lose so I'd suggest to hold em tight and wait... hopefully it will bounce back in time.

Made a decision to sell a few days back, have fun deluded Monero fans with the long slow fall down. Increased my stake in DCR, NEM and GAME instead.

[KeyJockey]

Someone over on a reddit thread posted a iink to this chart...



...which is formatted IMHO in a better way to see long-term more clearly.

Just looking at the same chart/data in a new form sometimes helps ya see it better, LOL

Made a decision to sell a few days back, have fun deluded Monero fans with the long slow fall down...

Uh huh... yeah, okay... no, don't think so but good luck with *all that* LOL

[TrueCryptonaire]

I am pretty relaxed when I watch the gradual decline of Monero as I do not own that many coins anymore.
If I had still bags full of Moneros I would be in pretty bad situation these times as the price is sliding down.
And funny thing is I do not feel any urgency to buy back in. The price is still relatively high compared with the status quo and non-existing marketing. Some would call Monero is over priced.

[kurious]

Monero is still over $21 - it's holding value fine for me and has been for ages.

Expecting it to go up while BTC moons is not realistic.   If you have both BTC and Monero, you're fine.  Just be glad you're not in Dash

[KeyJockey]

Monero is still over $21 - it's holding value fine for me and has been for ages.

Expecting it to go up while BTC moons is not realistic.   If you have both BTC and Monero, you're fine.  Just be glad you're not in Dash

Is that $21 in Canadian Dollars or something? LOL... showing $19.65 here now, on CoinMarketCap.  

But yeah agree in general.

All during this "decline" it's only today, I think, that it finally dipped below the $20 holding point it's been on so strong recently.

So seems price in BTC is "going down" only mostly because BTC is going UP.  

If you're a day-trader (ahem "gambler") looking to generate bitcoin profit by jumping in & out of the latest hot altcoin Pump & Dump?  Then yeah that matters I guess.

But IF you're buying this technology for the long-term world-changing effect it will have?  Probably not so much to worry about.

[megadeth]

The new $20 XMR peg, just like the LTC $4 peg.

[BitcoinNewsMagazine]

After Snowden retweeted the Miller article to 3 million followers price has been going down almost two weeks now. I think we could see $16 - $17 unless the Monero developers/community come up with a strong positive PR campaign to offset the damage done.

[pao_de_lo]

The market will be stable and will soon fall.
I believe that the price, in three months, will again cost 0.00320000 BTC.


 

[Johnny Mnemonic]

After Snowden retweeted the Miller article to 3 million followers price has been going down almost two weeks now. I think we could see $16 - $17 unless the Monero developers/community come up with a strong positive PR campaign to offset the damage done.

I sincerely hope they don't. Monero has never had trouble attracting contributors, especially compared to other projects. Why do you think that is? Because the people who matter most (the contributors, the innovators) know the truth. They're the leaders in this space. The followers can remain ignorant only as long as the scammers can afford to keep up the charade.

But eventually the scammers will realize it's easier to make money off Monero than to compete with it. Just look at Bytecoin/Minergate behavior over the last year. Zcash will be no different.

[kurious]

Monero is still over $21 - it's holding value fine for me and has been for ages.

Expecting it to go up while BTC moons is not realistic.   If you have both BTC and Monero, you're fine.  Just be glad you're not in Dash

Is that $21 in Canadian Dollars or something? LOL... showing $19.65 here now, on CoinMarketCap.  But yeah agree in general.

All during this "decline" it's only today, I think, that it finally dipped below the $20 holding point it's been on so strong recently.

So seems price in BTC is "going down" only mostly because BTC is going UP. 

If you're a day-trader (ahem "gambler") looking to generate bitcoin profit by jumping in & out of the latest hot altcoin Pump & Dump?

Then yeah that matters I guess.

But IF you're buying this technology for the long-term world-changing effect it will have?  Probably not so much to worry about.

Oops!  Seems Monerohow follows Finex prices for BTC - sorry:

https://www.monero.how/

But I am still not concerned - just buying what I can (although I don't want to cash in BTC to do so, obviously)