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Author Topic: [XMR] Monero Speculation  (Read 3180162 times)
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garytheasshole
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August 14, 2018, 02:45:19 PM
 #39061

In the recent IPO report of Bitmain, it seems Bitmain does not have mined any Monero.

How would we know if that was true? 

Hang on... I suppose we could look it up in the Monero rich list... Wink



i bet they mined with asics before the fork Wink lol

No shit captain obvious.

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August 14, 2018, 02:47:15 PM
 #39062

Hello, how many moneros do you have in your wallet? I have 10 XMR and I am waiting to sell them, I am not in a hurry to sell them but if any of you can guide me and tell me at what price I should sell? regards
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August 14, 2018, 02:47:32 PM
 #39063

In the recent IPO report of Bitmain, it seems Bitmain does not have mined any Monero.

How would we know if that was true?  

Hang on... I suppose we could look it up in the Monero rich list... Wink



i bet they mined with asics before the fork Wink lol

No shit captain obvious.

XMR is like hella better than bcash .. moon-ero you can buy fairey dust!!  Kiss  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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August 14, 2018, 03:36:49 PM
 #39064

1000 usd xmr looks so far away. Hopefully we get there eventually Smiley
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August 14, 2018, 03:55:30 PM
 #39065

Interesting slide about the cryptocurrencies Bitmain claims to hold in the context of their IPO: https://twitter.com/Excellion/status/1028426579158884352

Monero isn't explicitly mentioned, although Bitmain probably used to mine monero with their Antminer X3 I think.

Perhaps off-topic here, but I think it's also interesting to point out that they acquired 179,450 BCC between 31-DEC-17 and 31-MAR-18. That's more than the total amount of bcc that have come into circulation in that period  Shocked


Like half million XMR was mined in time that Bitman mined Monero with ASIC. At best if not sold any could get half of that half million.   But for sure they have plenty of XMO

In the recent IPO report of Bitmain, it seems Bitmain does not have mined any Monero.


They could have them under other crypt currencies.  In any case I doubt there is any bigger amount in Bitmans holdings.   On other hand right now is time for anyone rich to grab some bigger amount of Monero holdings. 

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August 14, 2018, 04:05:41 PM
 #39066

Hello, how many moneros do you have in your wallet? I have 10 XMR and I am waiting to sell them, I am not in a hurry to sell them but if any of you can guide me and tell me at what price I should sell? regards

assuming you don’t need that money for everyday expenses, hold them for 5 years
and sell them for 7-10,000 USD
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August 14, 2018, 04:28:38 PM
Merited by foserfox (1)
 #39067

Monero is a very strong coin, but the General situation of the market does not fully understand the potential of this project. We wait and hope for the best.
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August 14, 2018, 04:55:25 PM
 #39068

Hello, how many moneros do you have in your wallet? I have 10 XMR and I am waiting to sell them, I am not in a hurry to sell them but if any of you can guide me and tell me at what price I should sell? regards

assuming you don’t need that money for everyday expenses, hold them for 5 years
and sell them for 7-10,000 USD

I have mining equipment at home doing 10,000h / s of XMR, I calculate that each month about 2 XMR, at the end of 2018 I calculate that I will have 18 XMR ... I can wait 1 more year to see if the price goes up ...
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August 14, 2018, 10:28:42 PM
 #39069

Interesting slide about the cryptocurrencies Bitmain claims to hold in the context of their IPO: https://twitter.com/Excellion/status/1028426579158884352

Monero isn't explicitly mentioned, although Bitmain probably used to mine monero with their Antminer X3 I think.

Perhaps off-topic here, but I think it's also interesting to point out that they acquired 179,450 BCC between 31-DEC-17 and 31-MAR-18. That's more than the total amount of bcc that have come into circulation in that period  Shocked


Like half million XMR was mined in time that Bitman mined Monero with ASIC. At best if not sold any could get half of that half million.   But for sure they have plenty of XMO

In the recent IPO report of Bitmain, it seems Bitmain does not have mined any Monero.


They could have them under other crypt currencies.  In any case I doubt there is any bigger amount in Bitmans holdings.   On other hand right now is time for anyone rich to grab some bigger amount of Monero holdings. 


i'm starting a PUMP FUND for promoters...whos with me? Smiley  /\xmr===>choo choo

#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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August 15, 2018, 03:09:08 AM
 #39070

The fear in this thread is beautiful. How are you taking advantage of the great crypto crash of 2018?
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August 15, 2018, 09:18:53 AM
 #39071

The fear in this thread is beautiful. How are you taking advantage of the great crypto crash of 2018?

Johnny, when 3x $425?  Miss your old algorithms.
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August 15, 2018, 05:59:29 PM
 #39072

Hello, how many moneros do you have in your wallet? I have 10 XMR and I am waiting to sell them, I am not in a hurry to sell them but if any of you can guide me and tell me at what price I should sell? regards

You should sell now! today before we see Red again tomorrow!


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August 16, 2018, 02:31:10 PM
 #39073

I am usually quite phlegmatic. But since I still believe Bitcoin had not seen bottom and what happened in past week when few % of Bitcoins decline was followed by 15% decline of Monero and other alts. I am just wondering how it will look when Bitcoin bottoms. Maybe even my speculation of $50 that Monero cant go below could be endangered.   But as always after rain sun starts shining. SoonTM.

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August 16, 2018, 10:51:05 PM
 #39074

any guesses where monero bottoms?

Long term seems Bitcoin is following 2014. Almost identical, since dates are similar.  Bitcoin went then approximately from 1200 to 200. So if next year will continue as last half year did then we might have $3500 Bitcoin at some point and on average not much higher at start of next year.   You can imagine where will Monero be.  So there is your bottom.    I dont predict this, but there is still possibility. I do hope and expect Bitcoin will recover faster then last time.


If you are asking in upcoming weeks, then it is ofcourse way higher.


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

If that hunk Romero goes back to $50 I will probably jizz my pants. Jus sayin’.

Edit: I think I just now realized that I have a lot of complex emotional attachments to XMR.

Anyone that looks forward to Monero hitting $50 again can just fuck right off.

If you'll pardon my French.


Ok, obviously you (and probably others) misunderstood my point so let me try and explain.  I'm just your average lurker and always have been... no sort of technical knowledge about computers or day trading, so take what I have to say with a grain of salt... I will probably do a horrible job of trying to portray my point.

But just think when Monero was hanging around the $50 mark.  I remember it being right around a year ago and was listening to Fluffy's lovely sermon of false hopes at Chapel de Monero and people freaked the fuck out.  Anyways, I remember that it had just gotten to like $50 or so during the big pump before the Monero Enterprise Alliance announcement.  The GUI was hot'n fresh still and everyone was able to wash it down with a tantalizingly delicious glass of Barolo like fucking gentlemen.  This was only a year ago.

I'm digressing, but my point is that corrections are normal and why not embrace dumps when they come around?  If people are honestly stupid enough to dump a significant (>50%) portion of their XMR holdings during a generalized crypto correction because of concerns of their short term profits and not seing the big picture, you should capitalize on it.  The GUI for XMR along with other "announcements" about Monero, such as being used on dark web markets, was revolutionary back then for speculators.  We pumped, dumped, almost had a community civil war and the pony supposedly had multiple major threats from random people on the Internet.  This was all done in a matter of like a month.  The story of this project and other cryptocurrencies moves super fucking quick and it's hard to keep up with for the average person (like myself).

Where we are now in terms of actual coding progress (from what I can gather/other knowledgeable people say) is monumentally more substantial in terms of keeping Monero fuandmental more secure/resource friendly/and yes, private. Also the community has gotten so big, it's pretty impressive.  Hardware wallets, mobile wallets, sexy black themed GUI wallets, bullet proofs, multisig, Kovri soon™, constant development and fresh ideas on how to improve the code coming from MRL and dank ass memes from MEA.  Oh you want a Katy Perry poster?  Let me suggest you use Monero via Globee so you can hide the fact that you want to buy a god damned Katy Perry poster. There are probably more things I'm forgetting or just haven't seen yet because I don't have as much free time as I once had to keep up with the ongoing news.

But again, I'm just a lurker and don't really have much knowledge on how to draw fancy lines on graphs and tell you how you can retire in 5 years or how to put the pussy on the new Tari chainwax.  ... Excuse me while I go fuck right off to the thought of being able to grab more XMR at the $50 price point knowing that it's so much more fundamentally sound now than we even dreamed it would be just only a year ago.



I am usually quite phlegmatic. But since I still believe Bitcoin had not seen bottom and what happened in past week when few % of Bitcoins decline was followed by 15% decline of Monero and other alts. I am just wondering how it will look when Bitcoin bottoms. Maybe even my speculation of $50 that Monero cant go below could be endangered.   But as always after rain sun starts shining. SoonTM.

The couple empty bags I still have lying around from the time I cashed out a little at $50 are ready to be filled again.  Cheesy

But in all seriousness, I hope people look at these opportunities and take advantage of them.  Reasons are included above the header... there is so much active development that is constantly happening from two years ago, it's head spinning... and we are going back to prices that was in 2016.  


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Monero
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016

"Don't buy Monero, join our new ICO: 'The Monero Enterprise Alliance"  fluffypony:  May 24th, 2017
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August 17, 2018, 09:16:07 AM
 #39075

The fear in this thread is beautiful. How are you taking advantage of the great crypto crash of 2018?

Not sure how much upside is left shorting, not much I would think.

I'm long.
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August 17, 2018, 10:32:16 AM
 #39076

The fear in this thread is beautiful. How are you taking advantage of the great crypto crash of 2018?

Not sure how much upside is left shorting, not much I would think.

I'm long.

Yes, it looks like we had a (local) double bottom in the past few days around the 0.13 level.

But of course if Bitcoin is mirroring 2014 / 2015 (as it may be) and decides to dip much further - it's tough to predict what all the alts will do.   My sentiment agrees with yours; that is that in XMR/BTC I think we are unlikely to go lower, in fact I think a little upside is now on the cards.

I think a spike up is due from now /late August into Sept.  Mainly because this time of year has 'history' for Monero.

A really big rise in XMR/USD will need Bitcoin to end its bear market.  I hope this will not need to wait until the next halving, but who knows....

我想要火箭和火车
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August 17, 2018, 01:55:19 PM
 #39077




I have no fiat. Sad

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August 17, 2018, 10:07:36 PM
 #39078

Looks like .015 is going to be a technical AND psychological resistance.

I think all of crypto is waiting to see once again if we have found the third bottom.
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August 18, 2018, 09:53:11 AM
Last edit: August 18, 2018, 11:55:09 AM by spirali
 #39079

Quoting Vitalik Buterin from https://www.forbes.com/sites/rachelwolfson/2018/08/15/vitalik-buterin-on-the-state-of-ethereum-the-future-of-blockchain-and-google-trying-to-hire-him/ : "The Casper protocol is getting much closer to being finalized at this point. It’s just pending review on academic analysis"

For those who are not aware, Casper will introduce Proof of Stake instead of Proof of Work for ETH. So many GPU miners (especially on AMD chips) will naturally shift to XMR being the next most profitable coin to mine.

So my question is simple: what effect do you think will Casper have on the price of Monero?

1 BTC = 1 BTC
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August 18, 2018, 10:24:53 AM
 #39080

Monero is a very strong coin, but the General situation of the market does not fully understand the potential of this project. We wait and hope for the best.

Many of my friends understands the potential of Monero. They are starting to buy it gradually.
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