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Author Topic: [XMR] Monero Speculation  (Read 3180818 times)
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rinus
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June 17, 2018, 05:52:47 PM
 #38561

where do you think 2018 ends? will it be a total bear year?

No.  Bitcoin will begin to rally sometime this year.


I hope that too, but why it would happen? Ligtning networks? Is there any info Lightning networks are now about to start real world use of the BTC?

What other reasons there are for BTC rally?

All that has to happen is for a fiat whale to backstop it and then for people to start to get caught in that greed feedback loop.

I dont think any new technical reason will build rally for bitcoin to reach new ATH.   I think just more and more institutional investors will buy BTC and slowly push it back to $20000. Once that will happen hype will start again and people will start buying it.   I dont see Bitcoin reach new ATH this year, earliest mid next.

And whats the lowest u can see bitcoin and Monero drop. I was reading in a magazine 5000 usd for bitcoin and Monero at 0.015 btc, that’s 75 usd per Monero. This is based on the charts
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June 17, 2018, 06:21:11 PM
 #38562

Monero currently has a market capital of $6 billion. The coin is the best privacy coin out there. With its ring signature, it makes transactions completely anonymous and highly secure. The transactions are untraceable and hence, the identity of the sender and reciever is kept private. The coin has one of the best development teams behind it. One of the coin's major aspects is that it provides world class research which ensures that all privacy angles are discovered and adressed. Due to this fact, the coin has the potential to cross the $500 mark in the next 3-4 months. You can expect good returns from it.
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June 17, 2018, 08:45:06 PM
 #38563

where do you think 2018 ends? will it be a total bear year?

No.  Bitcoin will begin to rally sometime this year.


I hope that too, but why it would happen? Ligtning networks? Is there any info Lightning networks are now about to start real world use of the BTC?

What other reasons there are for BTC rally?

All that has to happen is for a fiat whale to backstop it and then for people to start to get caught in that greed feedback loop.

I dont think any new technical reason will build rally for bitcoin to reach new ATH.   I think just more and more institutional investors will buy BTC and slowly push it back to $20000. Once that will happen hype will start again and people will start buying it.   I dont see Bitcoin reach new ATH this year, earliest mid next.

And whats the lowest u can see bitcoin and Monero drop. I was reading in a magazine 5000 usd for bitcoin and Monero at 0.015 btc, that’s 75 usd per Monero. This is based on the charts

OK, while writing it makes me think. I call that Monero will not go under $50.   Most of the time will stay way over that but should not go under this number ever.

I made a pessimistic call so I dont need to change it ever again Smiley

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June 18, 2018, 08:21:06 AM
 #38564

In the absence of @aminorex these days, I nominate @Febo as our cheerleader-in-chief.

He's doing a great job of keeping our spirits up, our eyes on the prize, and our skin in the game.

Thanks @Febo

Agreed, here and on reddit his words give courage and consolation....

thanks!
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June 18, 2018, 08:38:59 AM
 #38565

Monero currently has a market capital of $6 billion. The coin is the best privacy coin out there. With its ring signature, it makes transactions completely anonymous and highly secure. The transactions are untraceable and hence, the identity of the sender and reciever is kept private. The coin has one of the best development teams behind it. One of the coin's major aspects is that it provides world class research which ensures that all privacy angles are discovered and adressed. Due to this fact, the coin has the potential to cross the $500 mark in the next 3-4 months. You can expect good returns from it.

IMHO, 3-4 months seems to short.
It'll take "at least" 2 quarters (6 months) to repair the price action, then break all time high again.

Breaking $500 in short period of time (e.g. 3-4 months) will not be sustainable and price may crash again.

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June 18, 2018, 09:32:30 AM
 #38566

I think it's too soon to tell, I thought by OCT we would have recouped the lost gains but this market has been far more bearish than I initially thought. But I think when it changes it will be abrupt. These new manipulators play a longer game and dig deeper. The crypto market is lost to the common man afa day trading IMO.

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June 19, 2018, 02:24:45 PM
 #38567

I was thinking yesterday. Monero started year 2017 as one of the most talked about coins, but latter lost the momentum. It looked like hype around other coins went up and around Monero stayed the same.  I never understand of a reason for that. Thought of marketing or that those that joined crypto will find Monero sooner or latter.  But what happened in 2017 and now will continue in 2018 are increased countries regulations. Countries had and will try to regulate ICOs and tokens and coins and all to collect as much taxes as they can. By doing that they mention coins and by that market them. And they mention all coins and tokens beside Monero. Because Monero with non transparent ledger currently dont fit in the scheme. And they have no ideas what to do with it so they ignore it. By ignoring they give no free marketing to Monero but give time to develop to get stronger.

Ignore, laugh, fight, you win.


It seems we are only at start. And we will have plenty of small disappointments on the way.

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Globb0
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June 19, 2018, 02:32:19 PM
 #38568

We could all increase the marketing if we wanted, by wearing the logo or creating a signature and by posting relevant content here and there.

Fight the good fight.

/G0
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June 19, 2018, 02:33:31 PM
 #38569

I was thinking yesterday. Monero started year 2017 as one of the most talked about coins, but latter lost the momentum. It looked like hype around other coins went up and around Monero stayed the same.  I never understand of a reason for that. Thought of marketing or that those that joined crypto will find Monero sooner or latter.  But what happened in 2017 and now will continue in 2018 are increased countries regulations. Countries had and will try to regulate ICOs and tokens and coins and all to collect as much taxes as they can. By doing that they mention coins and by that market them. And they mention all coins and tokens beside Monero. Because Monero with non transparent ledger currently dont fit in the scheme. And they have no ideas what to do with it so they ignore it. By ignoring they give no free marketing to Monero but give time to develop to get stronger.

Ignore, laugh, fight, you win.


It seems we are only at start. And we will have plenty of small disappointments on the way.

monero had to be taken over via the development team =) ~if this was really valuable the bytecoin would have rocketed too by now.

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June 19, 2018, 02:35:27 PM
 #38570

We could all increase the marketing if we wanted, by wearing the logo or creating a signature and by posting relevant content here and there.

Fight the good fight.

/G0

tattoo on forehead or branding is preferred in most coin cults Wink ~lets brand the cattle and horses first!! lol

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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June 19, 2018, 03:11:09 PM
 #38571

We could all increase the marketing if we wanted, by wearing the logo or creating a signature and by posting relevant content here and there.

Fight the good fight.

/G0

tattoo on forehead or branding is preferred in most coin cults Wink ~lets brand the cattle and horses first!! lol

Oh hi,

What coin are you shilling this week?

 Kiss
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June 20, 2018, 12:26:09 AM
Last edit: June 20, 2018, 06:29:33 PM by smooth
 #38572

monero had to be taken over via the development team =) ~if this was really valuable the bytecoin would have rocketed too by now.

I have no idea what you are going on about but Bytecoin has been demonstrated to not only be a bunch of sock puppets and scammers with a hidden premine but also incompetent (see coin creation bug and countless other reliability and other problems with their wallet over the years). Along with the lack of RingCT, unoptimzied code, no LMDB for years, and other major differences.

Of course crypto markets often don't care about that and indeed Bytecoin has had its pumps, but there is no reason to expect the two coins to behave similarly now, years after there was any real commonality.
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June 21, 2018, 09:47:39 AM
 #38573

I was thinking yesterday. Monero started year 2017 as one of the most talked about coins, but latter lost the momentum. It looked like hype around other coins went up and around Monero stayed the same.  I never understand of a reason for that. Thought of marketing or that those that joined crypto will find Monero sooner or latter.  But what happened in 2017 and now will continue in 2018 are increased countries regulations. Countries had and will try to regulate ICOs and tokens and coins and all to collect as much taxes as they can. By doing that they mention coins and by that market them. And they mention all coins and tokens beside Monero. Because Monero with non transparent ledger currently dont fit in the scheme. And they have no ideas what to do with it so they ignore it. By ignoring they give no free marketing to Monero but give time to develop to get stronger.

Ignore, laugh, fight, you win.


It seems we are only at start. And we will have plenty of small disappointments on the way.

It's actually the whole market sentiment. All crypto had a good run-up last year, so I believe prices needs to stabilize first. I'm just hope that it will not take that long (like a multi-year bear market).

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June 21, 2018, 08:41:02 PM
 #38574

Price action doesn't look good to be honest, with every small BTC drop XMR goes down but when BTC recovers there isn't much recovering for XMR, the ratio keeps getting crushed.

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June 21, 2018, 08:47:41 PM
 #38575

Price action doesn't look good to be honest, with every small BTC drop XMR goes down but when BTC recovers there isn't much recovering for XMR, the ratio keeps getting crushed.

No... it has not been a nice ride recently.  Hard to watch.
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June 21, 2018, 08:57:28 PM
 #38576

Price action doesn't look good to be honest, with every small BTC drop XMR goes down but when BTC recovers there isn't much recovering for XMR, the ratio keeps getting crushed.

No... it has not been a nice ride recently.  Hard to watch.

It will go up... just wait it out ... on every harder drop there has been buyers accumulating IMO
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June 22, 2018, 04:46:17 AM
 #38577

This is the lowest volume I can remember, of course my memory really really sucks. Smiley

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June 22, 2018, 07:53:51 AM
 #38578

I was thinking yesterday. Monero started year 2017 as one of the most talked about coins, but latter lost the momentum. It looked like hype around other coins went up and around Monero stayed the same.  I never understand of a reason for that. Thought of marketing or that those that joined crypto will find Monero sooner or latter.  But what happened in 2017 and now will continue in 2018 are increased countries regulations. Countries had and will try to regulate ICOs and tokens and coins and all to collect as much taxes as they can. By doing that they mention coins and by that market them. And they mention all coins and tokens beside Monero. Because Monero with non transparent ledger currently dont fit in the scheme. And they have no ideas what to do with it so they ignore it. By ignoring they give no free marketing to Monero but give time to develop to get stronger.

Ignore, laugh, fight, you win.


It seems we are only at start. And we will have plenty of small disappointments on the way.

I agree with that. I think the value of XMR will be realized eventually.
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June 22, 2018, 12:14:21 PM
 #38579

This is the lowest volume I can remember, of course my memory really really sucks. Smiley

Good.  That could mean that it's gonna go sideways anytime now...  If it weren't for that dude who keeps dumping BTC, XMR and some alts should be recovering or go at least go flat right now imo.


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Fgomes87
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June 22, 2018, 11:50:26 PM
 #38580

It makes me remember when China banned cryptocurrencys last year.


It looked like the end of the crypto world. Huge drop after 1 month of drop in price. The ship was sinking like anything.

After the storm it comes the calm. I don't believe we will recover so fast as last year (after 1 week the price was even bigger than before)

But I expect the price to be in about 150€. This is the value I've seen around for some time, so for the market it seems like the fair price.

For me I think comparing with the other coins 250€ is a fair price.
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