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Author Topic: [XMR] Monero Speculation  (Read 3312369 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
cAPSLOCK
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August 22, 2017, 02:37:46 PM
 #31341

Monero is the most useful anon coin ever made in crypto.. I think it will at least double its price in just 2 years. Doubling up is my safest bet. Think.

It is much more likely to rise two orders of magnitude than it is to double.


So you see it going straight to $10k range?   This is a very very bullish outlook IMHO.
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aminorex
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August 22, 2017, 02:40:23 PM
Last edit: August 22, 2017, 03:00:57 PM by aminorex
 #31342

Monero is the most useful anon coin ever made in crypto.. I think it will at least double its price in just 2 years. Doubling up is my safest bet. Think.

It is much more likely to rise two orders of magnitude than it is to double.


So you see it going straight to $10k range?   This is a very very bullish outlook IMHO.

Certainly not straight, although if you look at it on a decades-long logarithmic chart it may start to look close to a straight line .  As others have said before, reality is not only stranger than we actually imagine, but stranger than we are capable of imagining.  So too the exponent of Monero's rise.

The hard part is knowing when, not how far.

https://www.documentcloud.org/documents/3935924-IRS-Chainalysis-Contract.html

Have you done estimated withholding for your ICO gains?  If not, I recommend holding some xmr for 12 months, so you can pay the penalty rate.  If your AGI is below 75k then the long-term capital gains rate is 0%.  

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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August 22, 2017, 02:45:20 PM
 #31343

Hey guys, Korean people is around to sleep so it means Bithumb is listing it soon, anyone know how many hours left (exactly) to this to happen?

According to their announcement it will be listed sometime Friday. http://bithumb.cafe/archives/10619

They are also having a couple of events around the whole XMR listing. First they will give you 1% more monero for depositing on their exchange between Aug 23rd and Noon on the 25th. The second event will start after its listed on their exchange and end on Sunday. The top 50 traders get up to 100xmr each.

I suspect the price will hit $300+ by Sunday.
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August 22, 2017, 02:51:45 PM
 #31344

Monero is the future ..... and the future begins ..... now !
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August 22, 2017, 03:08:52 PM
 #31345

Hey guys, Korean people is around to sleep so it means Bithumb is listing it soon, anyone know how many hours left (exactly) to this to happen?

According to their announcement it will be listed sometime Friday. http://bithumb.cafe/archives/10619

They are also having a couple of events around the whole XMR listing. First they will give you 1% more monero for depositing on their exchange between Aug 23rd and Noon on the 25th. The second event will start after its listed on their exchange and end on Sunday. The top 50 traders get up to 100xmr each.

I suspect the price will hit $300+ by Sunday.

Thanks a lot for the details.
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August 22, 2017, 03:33:58 PM
 #31346

Hey guys, Korean people is around to sleep so it means Bithumb is listing it soon, anyone know how many hours left (exactly) to this to happen?

According to their announcement it will be listed sometime Friday. http://bithumb.cafe/archives/10619

They are also having a couple of events around the whole XMR listing. First they will give you 1% more monero for depositing on their exchange between Aug 23rd and Noon on the 25th. The second event will start after its listed on their exchange and end on Sunday. The top 50 traders get up to 100xmr each.

I suspect the price will hit $300+ by Sunday.

Thank you for that  Smiley

And here I was having a sell order at 79Euro  Shocked Was jut 0.2Euro away from being filled at Kraken. Maybe I rather buy more instead of selling

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August 22, 2017, 04:21:15 PM
 #31347

Did I miss something? What about the 50% jump we just had?

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August 22, 2017, 04:22:33 PM
 #31348

IM iffy on Monero, should I buy?
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August 22, 2017, 04:28:19 PM
 #31349

Congratulations to all Monero holders! https://www.coingecko.com/en/price_charts/monero/usd

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August 22, 2017, 04:35:11 PM
 #31350

IM iffy on Monero, should I buy?

IMO, yes. See Gyro's post above, plus mobile wallets are coming out soon, and so is Kovri I2P and hardware wallets.

Practicing what I preach: I just bought more.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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August 22, 2017, 04:58:49 PM
Last edit: August 22, 2017, 05:24:54 PM by Hueristic
 #31351

Did I miss something? What about the 50% jump we just had?

AFA I'm concerned it was a correction after a deliberate manipulation to accumulate. The price has been suppressed for no reason whatsoever therefore it is whale manipulation and now that they have accumulated, well you guess.


This is a great time to buy if you afford it, this market is being intentionally suppressed and we all know what happens when that stops. Wink

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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August 22, 2017, 05:04:27 PM
 #31352

Did I miss something? What about the 50% jump we just had?

That was nothing compared to the huge pump last year.
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August 22, 2017, 05:29:48 PM
 #31353

Did I miss something? What about the 50% jump we just had?

That was nothing compared to the huge pump last year.

That was growth do to use case increasing from adoption with insider knowledge doing some manipulation and with those markets gone it was natural for the price to slide but then there was an intentional suppression which is easily spotted and that has been going on for the life of this coin. the only difference now is the Whales are Institutions and hedge funds from outside the crypto sphere and they have Bank capitol.

So IOW be very careful if you play it this market as it's no longer a place for the weak of heart, keep margin levels over 100%.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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August 22, 2017, 05:30:13 PM
 #31354

According to my rule of thumb the near-term target is .0293 BTC, or 117 usd

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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August 22, 2017, 06:11:46 PM
 #31355

There was no real Monero XMR pump in 2017 yet. So I think we have to expect heavy gains until end of the year or 2018.

With last corrections, Monero gained x6 in 2017. While Bitcoin gained x4. So Monero grew half faster. 

This growth is nice, but yes it is not growth that some coins had in 2017 x10+ or even x100.
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August 22, 2017, 06:16:39 PM
 #31356

There was no real Monero XMR pump in 2017 yet. So I think we have to expect heavy gains until end of the year or 2018.
Since Monero is a lot more “mature” than the coins getting 100x pumps I don’t really expect to see any big pumps coming our way, only a slow steady increase in price similar to Bitcoin.

I'm starting a technology blog T4CH.top, check it out!
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August 22, 2017, 06:25:24 PM
 #31357

What has made the last 24 hours even more joyous for the hodlers is not having to listen to the King of Flip Flops Truecryptonaire spouting his usual drivel.
he probably made some of the worst calls i have ever seen.

Even the speculation thread seems to have matured nicely along with xmr now.

i think we will have a fair few millionaires created this year from our beloved monero. If i could hug Aminorex i for sure would, that guys foresight and insight with monero has given me the ability to completely change my life.  I still believe that FPs fake news that so many criticised him for was a mastermind idea, and just gave even more exposure to monero, and in the long term more credibility.
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August 22, 2017, 06:31:58 PM
 #31358

Well, all of us had some reason to enter this market, and i can tell you for sure was not something that is called stupidity.
You can call it feeling, you can call it luck, however you like it. But it's proven to be the right thing!
I had the feeling to enter in Monero about 2 years before and i did that. Now with this small uptrend i felt the same in the early days of bitcoin.
I am sure we can see 200 level and more and if we don't will be a huge surprise for me.
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August 22, 2017, 06:33:09 PM
 #31359

If i could hug Aminorex i for sure would

Sounds kinda gay..

My list of 43(+3) reviewed Bitcoin forks | You don't have to download the pre-fork blockchain again for each fork! | Beware of fraudulent AWS accounts sellers and dangerous edu AWS codes! + My personal list of legit sellers and scammers | Never publicly reveal your btc addresses, ownership or any other details and stay very far away from anybody who asks you to! | The general rule of safe buying is: if the seller is a newbie, with no reputation, with no topic nor trust feedback, offering no vouches and/or selling from a locked or self-moderated topic and unwilling to go first or use escrow => AVOID. Always check the trust feedback first and make sure that you have enabled "Show untrusted feedback by default" in "Profile / Forum Profile Information".
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August 22, 2017, 06:45:15 PM
 #31360

According to my rule of thumb the near-term target is .0293 BTC, or 117 usd

What is your rule of thumb, if you don't mind sharing?

I expect the price to hover in the 80-90 dollar range for the rest of the week. There might be a dip after trading begins at Bithumb before another push to 100 and beyond.
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