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Author Topic: [XMR] Monero Speculation  (Read 3247332 times)
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December 14, 2018, 10:14:08 PM
 #40101

Monero is a very speculative tool and I think that next year it can fall very badly, there are networks much better than monero and many switches to them. I left 10% of my tokens in case there would suddenly be a strong increase, and I almost sold everything.

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December 14, 2018, 10:34:42 PM
 #40102

Fuk, just missed the dump to .0120.
Couldn't put a bid in while I was away.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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December 15, 2018, 12:02:15 AM
 #40103

I decided that I would sell all my Monero coins and buy Ethereum, it seems to me that it is much more promising and will be able to show much more growth than Monero does. Which coin do you think is stronger? Something I stopped believing in Monero, too many competitors.

You are a moron, that ship is sinking to never come back.
But you are only in it for the profits so Bye bye. Smiley

Hindsight is always 20/20 my friend.  I remember a certain someone not being able to pull the trigger on cheap sub $5 coins before the alphabay pump Smiley


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Monero
XMR Open Alias: phishead@xmr.id
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016
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December 15, 2018, 12:21:54 AM
 #40104


Bakkt continues to be a wildcard.  With Caitlin Long and her constant rehypothication/comingling warnings about Wall Street's arrival as well as other things I think it has muted any front-running of price rise.  I still cant figure if her constant warnings are purely cautionary or if there is a fud aspect.  So I think the market is spooked there, as we are pricing in the sentiment that ETFs are NOT coming any time soon.  I think once BAKKT and others are up and running we will see the real effects.  And I think as usual this will echo in the Monero market.

I think Caitlin Long has a point - and if you've see her talking on it, it's pretty convincing.  I do think the crypto market is equivocal about it, I am not personally convinced it will be 'all good' either.   Yes it involves real bitcoin, unlike the CME /CBOE futures and therefore should draw coins from the market.  However, the habitual rehypothecation habits those behind BAKKT are used to are real - and these habits, if applied - risk challenging part of the the value proposition Bitcoin offers; that of it being hard money with a verifiable, fixed and limited supply.

I would like to think it will help Monero, but Monero is still in a crypto market driven by Bitcoin, so if BAKKT is bad for Bitcoin, then even if Monero is not part of it, it won't help.

Let's hope BAKKT is a positive, we can only wait and to see.

Yes, it seems we see this very similarly. As to Caitlin Long... I feel like she often plays the blockchain vs. Bitcoin game a little more than I like. The constant talk about how blockchain is going to revolutionize the financial world, but then in other interviews acting sort of like a Bitcoin maximalist. It makes me think she almost is saying what is expedient in that moment. On the other hand I think she brings a level of intelligence, professionalism, and Wall Street Experience to the discourse that very few others have. So I judge her message similar to her person... kind of mixed - kind of unpredictable and it makes me just slightly suspicious at times that she could even be some sort of industry plant spreading a little bit of fud to make the markets sort of look the other way while... Well I don't know... I'm starting to sound like a conspiracy theorist.

Hey - I am not going to judge a fellow OG with the same fears as I have Wink

I think Caitlin's a pretty square old school banker (she was a big cheese in merchant banking) who went a little bit 'rogue'. So I listen, but sure - with a small pinch of salt.

I think she is used to being combative and effective... but she is flagging up banker scam-thinking and so is worth a listen.  We're talking about it - and maybe a little more sceptically because of her, so she is at least doing some good.  Her POV is at least a contrary one and a thought provoking.

BAKKT aside; bigger picture:  

Basically, we are hodling and passing through dark times.  It is tough.  We may, or may not be right.  But if we are right, these will be the times we will feel vindicated by.

I am betting (and buying) on a gut feeling we are right.  So are you (you're still here, right?) and it's too late to sell at the top, too late for pointless hindsight. Now we can only take the pain, sit it out and find out.

If it works out, we will have EARNED the right to feel smug as fuck that we were right all along.

And I think we are right.

I bought Monero from the earliest point it was possible to and just kept going because I believed in it.  I cost averaged down by buying more when it dropped, I traded the hell out of it to get more and in the end it came through beyond my wildest dreams. Bitcoin the same.  

One I thing I have learned is that is keeping cool and sticking to what you know is fundamentally of value is what worked for me and so I have no reason to change that strategy anytime soon.

The next couple of months will be a great buying opportunity for those with the balls to take it.

我想要火箭和火车
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December 15, 2018, 03:18:52 AM
 #40105

I decided that I would sell all my Monero coins and buy Ethereum, it seems to me that it is much more promising and will be able to show much more growth than Monero does. Which coin do you think is stronger? Something I stopped believing in Monero, too many competitors.
ETH and Monero is different but i would say that it is a mistake on letting go all of your XMR.


Fuk, just missed the dump to .0120.
Couldn't put a bid in while I was away.
Same situation.Got stressed thinking up that opportunity due to some reasons.I missed another chance.  Cry

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December 15, 2018, 03:36:05 AM
 #40106

Fuk, just missed the dump to .0120.
Couldn't put a bid in while I was away.

something went very wrong here? :\ hmmm

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December 15, 2018, 06:00:54 AM
 #40107

I'm really starting to dig XMR... I think this coin has a pretty bright future a head of it.


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December 15, 2018, 08:50:48 AM
 #40108

I'm really starting to dig XMR... I think this coin has a pretty bright future a head of it.

Welcome BAC. Yep it's a decent coin - you will find it has fans in all the right places for good reasons.  The whole market is tough right now of course, but the cream will rise once the shakeout is done.   

And IMHO Monero is about as creamy as it gets - but make your own mind up of course. Plenty to read out there - it's a big community.

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December 15, 2018, 02:37:27 PM
 #40109

Monero is a very speculative tool and I think that next year it can fall very badly, there are networks much better than monero and many switches to them. I left 10% of my tokens in case there would suddenly be a strong increase, and I almost sold everything.

And which 'much better networks' are those?  Please say Zcash, cos I haven't had a hard laugh this past few days yet.  So I really need one pretty pretty badly.

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December 15, 2018, 04:03:38 PM
 #40110

I'm so depressed I invested in this shitcoin.  The mr shit monero only drops in price and probably won't be long until its 2 dollars in price.
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December 15, 2018, 04:09:19 PM
 #40111

I decided that I would sell all my Monero coins and buy Ethereum, it seems to me that it is much more promising and will be able to show much more growth than Monero does. Which coin do you think is stronger? Something I stopped believing in Monero, too many competitors.

I used to be optimistic but there is really no future for Monero, there are just too many other altcoins that can do privacy.  Wish I sold earlier but I dumped the rest I had because I don't want to hold this all the way down to near zero.
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December 15, 2018, 05:03:40 PM
 #40112

I decided that I would sell all my Monero coins and buy Ethereum, it seems to me that it is much more promising and will be able to show much more growth than Monero does. Which coin do you think is stronger? Something I stopped believing in Monero, too many competitors.

I used to be optimistic but there is really no future for Monero, there are just too many other altcoins that can do privacy.  Wish I sold earlier but I dumped the rest I had because I don't want to hold this all the way down to near zero.

Lol, On the next Parabolic rise you will be FOMOing your ass off. NO other coin can match Moneros privacy, as a matter of fact none even come close and most aren't even fungible. These shitcoins that call themselfs private don't even understand the word fungible.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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December 15, 2018, 05:49:27 PM
 #40113


Basically, we are hodling and passing through dark times.  It is tough.  We may, or may not be right.  But if we are right, these will be the times we will feel vindicated by.

I am betting (and buying) on a gut feeling we are right.  So are you (you're still here, right?) and it's too late to sell at the top, too late for pointless hindsight. Now we can only take the pain, sit it out and find out.

If it works out, we will have EARNED the right to feel smug as fuck that we were right all along.

And I think we are right.


OMG kurious, this this this a thousand times THIS.  Thank you for saying it, resonated with me *bigly* right now.

Personally I'm basically fully OUT of crypto now, and looking back on last up/down crazy-ass cycle we are now emerging out of, I've decided to just look at it all as the last, final, "practice run" before the REAL SHOW will begin.

I watched the crypto run from $100 to $1,000 the first time.
I participated in the run from $1,000 to $10,000 second time (overshot to $20K yeah but really it should've been "only" 10k)

WHEN not IF this all goes *whoosh boom* again, it'll be the second-to-last 10-bagger mooning and cycle will be 10K to 100K (the 100K to 1Million theoretical run may not ever happen, IMO)

So THAT is the ONE we-all gotta be prepped ready aware awake and fully on our TOES to take advantage of.

And when it comes and I'm playin' it like a boss... goddamn you better fucking BELIEVE Ima be fucking SMUG as HELL about it.  LOL

 Grin

P.S. There was a time once, long long ago 'way back in the mists of time when I actually owned a wallet that held 1,000 Monero: please keep up this retracement HoneyPony! I am hopeful I will once again be able to afford to replace that stack  Grin

- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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December 15, 2018, 08:12:59 PM
 #40114

The game is over, there are no more greater fools left to buy.  These digital beanie babies are going down to ZERO.
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December 15, 2018, 08:14:19 PM
 #40115

This coin looked very promising a few months ago. But at the moment the government of many countries says that private coins may be prohibited.

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December 15, 2018, 10:49:36 PM
 #40116

This coin looked very promising a few months ago. But at the moment the government of many countries says that private coins may be prohibited.

Yes, I am also embarrassed by this moment, so I sold most of my assets and I see no reason to keep this coin for a long time, I think the part I left is enough if suddenly there is a strong growth.

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December 15, 2018, 11:20:03 PM
 #40117

This coin looked very promising a few months ago. But at the moment the government of many countries says that private coins may be prohibited.

I dont believe such things can change in few months. Such fears were last year and will be next year.  But any government that will try to do something like that will have problems with their laws. Ofcourse laws take some time. But at the end they will win. Monero is luckily decentralized so no government can hurt it really bad.  

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December 16, 2018, 02:25:28 AM
 #40118

monero shitcoin dropping like a rock, out of the top 10 with pathetic daily volume

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December 16, 2018, 03:46:22 AM
 #40119

https://news.ycombinator.com/item?id=18690492

Tim May Died  Sad

Can't think of anyone who embodied more, save Satoshi, the libertarian ideals that founded cryptocurencies.

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December 16, 2018, 04:33:05 AM
 #40120

crying baby words


This is what happens when you have no vision, no patience and only act on greed emotions


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
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Buy XMR with fiat
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