johnalan
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August 09, 2018, 10:27:34 AM Last edit: August 09, 2018, 03:14:46 PM by johnalan |
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Im retiring from crypto today and move on to bigger better things. Its a little bit like a divorce after all those years, but its time to watch girls dance instead of cryptocoins. This is the market as it developed over the years from the first know trade-able price known featuring 20 coins. Copy, quote and share at free will
Adios
Cool news bro thanks for sharing.
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johnalan
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Activity: 200
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August 09, 2018, 10:31:10 AM |
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I've come to realise that no-one knows where this is going.
Lines on charts, candlesticks, Elliot waves, it's all bollocks.
All I know is that XMR is fungible, private, sovereignless money.
There is a very limited number of units (measured in 20-25 million over the next 15 years), ergo eventually, with use, the price will rise.
There is no better money currently available. The price may go up or down in the short term, however, in the long term I just cannot see this not appreciating.
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Hueristic
Legendary
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Activity: 3094
Merit: 3130
Doomed to see the future and unable to prevent it
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August 09, 2018, 11:40:03 AM |
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I've come to realise that no-one knows where this is going.
Lines on charts, candlesticks, Elliot waves, it's all bollocks.
All I know is that XMR is fungible, private, sovereignless money.
There is a very limited number of units (measured in 20-25 million over the next 15 years), ergo eventually, with use, the price will rise.
There is no better money currently available. The price may go up or down in the short term, however, in the long term I just cannot see this not appreciating.
I had a buy set at .0145 and it only dipped to .0148, what a bummer.  Do you want to edit the size of that massive chart you quoted? If you don't know how just look at my post above yours.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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7jaka7
Sr. Member
  
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Activity: 629
Merit: 276
BTC, ETH, XMR, LTC
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August 09, 2018, 11:44:23 AM |
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How big is the chance that crypto and xmr die out and go back to sub 10 dollar? I mean, is the chance on a new Ath in usd bigger then xmr dieng out?
There is definitely bigger chance that XMR reach ATH then USD.  Now it's up to people what they will do. Use monero (as currency) as much as you can and we will reach ATH soon. If you will just hope and meanwhile be selling your bags you are not helping at all.
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XMR2020
Jr. Member
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Activity: 45
Merit: 36
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I've come to realise that no-one knows where this is going.
Lines on charts, candlesticks, Elliot waves, it's all bollocks.
All I know is that XMR is fungible, private, sovereignless money.
There is a very limited number of units (measured in 20-25 million over the next 15 years), ergo eventually, with use, the price will rise.
There is no better money currently available. The price may go up or down in the short term, however, in the long term I just cannot see this not appreciating.
Anyone who tells you they know where the price is going in the short term in the absence of asymmetric information is the definition of dumb money. There is a LOT of dumb money in crypto. It's mostly dumb money in fact, but that is changing. If some guy on youtube can predict the future with charts and lines, he would start a hedge fund and be a billionaire, not begging for handouts and shilling affiliate links to their teenage followers. What we are seeing now is the arrival of the professional traders. The patterns we have relied on when early adopter "whales" with no trading specialization were able to pump and dump reliably are no longer in control of the market. Minor news events used to move the market 20%. Now we get a hardware wallet and nothing happens. The professionals have much deeper pockets and much more patience and they will shake this tree until every last weak hand cries uncle and lets go. They will bleed this thing for every last drop of blood. Then we pump. But it won't be with their own money, it will be their customers. Institutional custodial solutions and fiat pipes that can handle billions. I've got my popcorn ready.
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XMR2020
Jr. Member
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Activity: 45
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August 09, 2018, 11:50:41 AM |
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Im retiring from crypto today and move on to bigger better things. Its a little bit like a divorce after all those years, but its time to watch girls dance instead of cryptocoins. This is the market as it developed over the years from the first know trade-able price known featuring 20 coins. Copy, quote and share at free will https://i.imgur.com/QK9752K.png Adios Sorry to see you go but why are you shilling BCRAP in this thread? It is against this threads rules. He's leaving for the same reason he's shilling Bcrap. He's an idiot or a scammer. Nobody with half a brain looks at that clown car of scammers and says "these are some solid fundamentals". Nigerian prince email scams use broken English to screen for gullibility. Bcash is the same. Anyone who falls for their marketing is self identifying as intellectually deficient to an extent that they are easily exploitable. The other half of that group are the ones doing the exploiting. So he's an idiot or a scammer.
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Whtwabbit
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August 09, 2018, 01:42:48 PM |
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I've come to realise that no-one knows where this is going.
Lines on charts, candlesticks, Elliot waves, it's all bollocks.
All I know is that XMR is fungible, private, sovereignless money.
There is a very limited number of units (measured in 20-25 million over the next 15 years), ergo eventually, with use, the price will rise.
There is no better money currently available. The price may go up or down in the short term, however, in the long term I just cannot see this not appreciating.
Anyone who tells you they know where the price is going in the short term in the absence of asymmetric information is the definition of dumb money. There is a LOT of dumb money in crypto. It's mostly dumb money in fact, but that is changing. If some guy on youtube can predict the future with charts and lines, he would start a hedge fund and be a billionaire, not begging for handouts and shilling affiliate links to their teenage followers. What we are seeing now is the arrival of the professional traders. The patterns we have relied on when early adopter "whales" with no trading specialization were able to pump and dump reliably are no longer in control of the market. Minor news events used to move the market 20%. Now we get a hardware wallet and nothing happens. The professionals have much deeper pockets and much more patience and they will shake this tree until every last weak hand cries uncle and lets go. They will bleed this thing for every last drop of blood. Then we pump. But it won't be with their own money, it will be their customers. Institutional custodial solutions and fiat pipes that can handle billions. I've got my popcorn ready. The end is near, so is the start
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Febo
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August 09, 2018, 01:46:36 PM |
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I called bottom in September few months ago. Looks like we are on the right track for it. Love bottoms, cos it dont go any lower from there. Oh and I never set any price just the timing. That interests holders more then the price.
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elrippos friend
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only hodl what you understand and love!
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August 09, 2018, 07:23:50 PM |
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Hy guys, if it's getting bloody that's a good sign for a massive september gain 
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Hueristic
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Doomed to see the future and unable to prevent it
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August 09, 2018, 08:55:15 PM |
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Hy guys, if it's getting bloody that's a good sign for a massive september gain  https://www.youtube.com/watch?v=oeT5otk2R1g
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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elrippos friend
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only hodl what you understand and love!
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August 10, 2018, 04:50:48 AM |
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vavan37
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August 10, 2018, 08:26:36 PM |
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In the last few weeks, Monero has seriously fallen in price, do you think the price will continue to fall further? Or is it a bullish trend?
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mambamanagement
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August 11, 2018, 04:11:51 AM |
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In the last few weeks, Monero has seriously fallen in price, do you think the price will continue to fall further? Or is it a bullish trend?
at this point i’m pretty sure it’s gonna go to zero
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bloodchow
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August 11, 2018, 06:25:51 AM |
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guesswho1234
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August 11, 2018, 10:04:07 AM |
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can we agree on a somewhat decent level of content in this thread? like can we spare the ta? srsly those flatearthers of finance need to go away
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generalizethis
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Facts are more efficient than fud
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August 11, 2018, 01:21:46 PM Last edit: August 11, 2018, 11:37:59 PM by generalizethis |
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I'm betting I'm not the only one who has been disillusioned that CCs are a hedge against money devaluation--seems Turkey's problems are our problems as well. My guess is that the market is derived by how much investor money can be allocated for high risk investments and not consumer demand, so maximalist's thumping their Bibles and claiming that BTC will overtake the dollar is extra funny for me today. People don't run to the experimental technology in times of chaos, they run to the side of whoever has the most thermal nuclear weapons and aircraft carriers.
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mambamanagement
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August 11, 2018, 01:31:38 PM |
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tokeweed
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Life, Love and Laughter...
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August 11, 2018, 02:23:49 PM |
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I'm betting I'm not the only one who has been disillusioned that CCs are a hedge against money devaluation--seems Turkey's problems are our problems as well. My guess is that the market is derived by how much investor money can be allocated for high risk investments and not consumer demand, so maximalist's thumping their Bibles and claiming that BTC will overtake the dollar is extra funny for me today. People don't run to the experiential technology in times of chaos, they run to the side of whoever has the most thermal nuclear weapons and aircraft carriers.
That coming from the POV of a normie. But what if they know what we know? And as many of you guys said, this is a marathon, not a sprint (or race? I forgot. Lol). Anway, yeah... It'll all come around, and the normies will be getting in way higher than where it is now.
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consideritdone
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August 11, 2018, 02:38:55 PM |
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generalizethis
Legendary
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Activity: 1750
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Facts are more efficient than fud
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August 11, 2018, 03:28:24 PM |
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I'm betting I'm not the only one who has been disillusioned that CCs are a hedge against money devaluation--seems Turkey's problems are our problems as well. My guess is that the market is derived by how much investor money can be allocated for high risk investments and not consumer demand, so maximalist's thumping their Bibles and claiming that BTC will overtake the dollar is extra funny for me today. People don't run to the experiential technology in times of chaos, they run to the side of whoever has the most thermal nuclear weapons and aircraft carriers.
That coming from the POV of a normie. But what if they know what we know? And as many of you guys said, this is a marathon, not a sprint (or race? I forgot. Lol). Anway, yeah... It'll all come around, and the normies will be getting in way higher than where it is now. Maybe it's a triathalon and the lake is getting drained so the swimmers have less of a lead when we get to the bike portion.
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