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Author Topic: [XMR] Monero Speculation  (Read 3192613 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 2 users deleted.)
johnalan
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March 14, 2018, 01:01:18 PM
 #37361

ASICs are a direct speedway to centralization. Do you want to concentrate a lot of XMR essence/power into the hands  of a Jihan Wu kind of guy?. Nothing good can come from that. Let´s keep the proyect open and distrubuted, even if in hands of botnets
Depending on the algorithm we might be handing that power to literally Jihan Wu himself.  I imagine SHA256 would be a contender.

Removing CPU friendliness also would kill browser mining, which unlike botnets, has some positive, in the light sorts of applications.  Like salon.com

I remain sold on being ASIC resistant.  But this is a good conversation.

I agree with you.
Any thought's on the market?
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Nathan047
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March 14, 2018, 02:05:18 PM
 #37362

We need once and for all to break the link to the scammy CryptoNote [...]
Wasn't the tie broken when Bitmonero became Monero? I thought that was all long behind it and no longer an issue.

I'm starting a technology blog T4CH.top, check it out!
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March 14, 2018, 02:06:25 PM
 #37363

We need once and for all to break the link to the scammy CryptoNote [...]
Wasn't the tie broken when Bitmonero became Monero? I thought that was all long behind it and no longer an issue.

Kept the pow though.

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March 14, 2018, 03:27:53 PM
 #37364



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.
Anon136
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March 14, 2018, 03:35:05 PM
 #37365



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.

Keep crashing monero. I actually have dry powder for once!

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
fromholland
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March 14, 2018, 03:36:07 PM
 #37366



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.
AKA accumulation phase ;-)

Shnikes101
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March 14, 2018, 04:01:28 PM
 #37367



I agree with you.
Any thought's on the market?

I am a terrible speculator.  I should probably not even post in this thread. Wink

I think XMR is suffering from a set of circumstances.

1.  Last winter's crypto explosion, and current correction.  Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket.  Looks to me like it is continuing the bear.  This has a HUGE impact on all of crypto including XMR.
2.  The forkcoin.  This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone.

This combination looks short term bearish for XMR to me.

I remain long term bullish on this project, and it's value.

Keep crashing monero. I actually have dry powder for once!

No kidding! Slowly adding to coffers at 0.0265
Globb0
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March 14, 2018, 04:18:26 PM
 #37368

as usual failed the having the balls test to flip anything out at a top. Hold, on.

Smiley


Per securitatem consilio - When the shit goes down, you better be ready!
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March 14, 2018, 04:53:15 PM
 #37369

Keep crashing monero. I actually have dry powder for once!

AKA accumulation phase ;-)


No kidding! Slowly adding to coffers at 0.0265

HATE you guys! Tongue
I'm always dry during these times. Smiley

as usual failed the having the balls test to flip anything out at a top. Hold, on.

Smiley


I'm with you one this! It comes from missing the train the first time for me, just can't take the chance of missing it again so cannot take advantage of the big swings. :|

Anon136
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March 14, 2018, 04:56:27 PM
 #37370

HATE you guys! Tongue
I'm always dry during these times. Smiley

Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto. Grin

We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
johnalan
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March 14, 2018, 05:01:41 PM
 #37371

HATE you guys! Tongue
I'm always dry during these times. Smiley

Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto. Grin

We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings.

Where do you see XMR by year end?

I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd

Hopium depleted, moving through grief stages. Soon to be acceptance.
Anon136
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March 14, 2018, 05:04:06 PM
 #37372

HATE you guys! Tongue
I'm always dry during these times. Smiley

Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto. Grin

We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings.

Where do you see XMR by year end?

I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd

Hopium depleted, moving through grief stages. Soon to be acceptance.

Sorry bud that's not how I think about investing. I don't have price targets. I don't have ANY clue.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
fromholland
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March 14, 2018, 05:07:22 PM
 #37373

Where do you see XMR by year end?

I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd

Hopium depleted, moving through grief stages. Soon to be acceptance.
I think I've said it before, but if your mood swings this fast and extreme, you've invested too much.
Sell some, and enjoy the rest of the ride!  Smiley

Anon136
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March 14, 2018, 05:22:47 PM
 #37374

Where do you see XMR by year end?

I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd

Hopium depleted, moving through grief stages. Soon to be acceptance.
I think I've said it before, but if your mood swings this fast and extreme, you've invested too much.
Sell some, and enjoy the rest of the ride!  Smiley

This is so true. I feel cool as a cucumber right now knowing that I hedged. Instead of thinking about the USD losses (that I am definately taking) i'm really finding myself more focused on the exciting prospect of having more crypto when the dust settles.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
johnalan
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March 14, 2018, 05:25:30 PM
 #37375

Where do you see XMR by year end?

I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd

Hopium depleted, moving through grief stages. Soon to be acceptance.
I think I've said it before, but if your mood swings this fast and extreme, you've invested too much.
Sell some, and enjoy the rest of the ride!  Smiley

I invested a small amount reasonably early. So it's not the amount I have invested Smiley

Also I see the fair value of XMR based on supply and fundamentals at around 750usd per coin. So I'd rather hold to nothing than sell now.
johnalan
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March 14, 2018, 05:26:32 PM
 #37376

HATE you guys! Tongue
I'm always dry during these times. Smiley

Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto. Grin

We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings.

Where do you see XMR by year end?

I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd

Hopium depleted, moving through grief stages. Soon to be acceptance.

Sorry bud that's not how I think about investing. I don't have price targets. I don't have ANY clue.

That's fair, I only asked as this is XMR speculation Smiley
prabakharras
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March 14, 2018, 05:30:44 PM
 #37377

Its a total down market, i wont blame monero
https://www.coingecko.com/en/price_charts/monero/usd
it is still a large cap coin i hold long term, wont change

Anon136
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March 14, 2018, 05:35:31 PM
 #37378

HATE you guys! Tongue
I'm always dry during these times. Smiley

Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto. Grin

We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings.

Where do you see XMR by year end?

I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd

Hopium depleted, moving through grief stages. Soon to be acceptance.

Sorry bud that's not how I think about investing. I don't have price targets. I don't have ANY clue.

That's fair, I only asked as this is XMR speculation Smiley

Haha it's not an unfair question. I just don't even have a speculation to make in that regard.

Buy tech that you know is good and has a value proposition for the world. Hold patiently. Don't get emotional. Don't get in over your head. Take careful modest profit when times are good. These are the sorts of things I think about and make my decisions based upon and they are almost totally independent of price. So I don't really think about price that much honestly.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
guesswho1234
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March 14, 2018, 06:01:57 PM
 #37379

its that time again

opening long positions on monero with monero as collateral

diversify? nah  Grin
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March 14, 2018, 06:36:14 PM
 #37380

This is so true. I feel cool as a cucumber right now knowing that I hedged. Instead of thinking about the USD losses (that I am definately taking) i'm really finding myself more focused on the exciting prospect of having more crypto when the dust settles.

Hello Anon136, could explain how you hedge XMR and how much it costs you?

1 BTC = 1 BTC
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