[XMR] Monero Speculation

[thelibertycap]

The charts are looking indeed really bad. Now i think even numbers at sub 0.0010 are very possible imho

Oh thank you for your invaluable analysis

[TrueCryptonaire]

The charts are looking indeed really bad. Now i think even numbers at sub 0.0010 are very possible imho

Oh thank you for your invaluable analysis

Do I smell a frustrated bagholder here?  

[TrueCryptonaire]

Sold all my XMR. i will buy back at 0.0020-0.0015

And people laughed at me, when i cashed out at 0.0034

Risto actually ridiculed me in trollbox when I sold also around those prices.
Not coming back yet though. The charts are looking so bad and there is still plenty of room to drop lower even if we assume that the previous lows around 0.0009-0.001 are holding not to mention if we go under those figures.

But the fact is, I am making money. The bagholders aren't.

The money is coming from the treasures of the wicked into the hands of the righteous ones.

You're making money at the price of your credibility.

I was racking my brains trying to work out how someone could jettison all objectivity by wrecking their credibility like this. Phrases like 'XMR will soon be at 0.0005'.

And then it hit me: You're not used to playing with such large amounts of money. You made a large albeit risky sale and you've been shitting your pants ever since.

My credibility here is purely based on making money. Not kissing the asses of the bagholders.

[othe]

By definition a long term investor can´t be a "bagholder" yet as he had no desired to sell already and thus doesn´t care about the current price.

You might call Gold/Silver owners bagholders as well but they will prolly laugh at you in 20 years.

My credibility here is purely based on making money lying, because i am a scammer.

corrected.

[rpietila]

Theologically it is wrong actually what I claimed here. I basically put it up to provocate you.  

I was provoked. Does not really happen that often   And besides I find it genuinely interesting that Hitler upon coming to Vienna first time, was incensed of the extensive porn industry there and that it was entirely in Jewish hands. I also have a distaste of Hollywood, more than 100 years later. Does not nullify the crimes against humanity ofc. (And I hold nothing against people who believe porn industry is good, just casually mention that in my opinion it isn't  ) 
 

Pricewise, if Monero ever succeeds, the payoff is not that nice (against btc) so that it would attract many investors at current prices. After all, it has to go up "only" 40 times from the current prices to reach the parity with btc(!!!). This shows how expensive Monero really is currently in relation to bitcoin.

Failing by an order of magnitude is fitting of you and serves to strenghten your aura of surreality.

[vgo]

- Writing in this thread without anything to say is a mark of a loser.

The market goes up and down in waves, ...

Wow!!



0.0018 in 3,2,1...

- Ooops..... 

They don´t make IQ tests before they grant mod status here i guess.

otoh, sorry!, othe, i am a user here.

You are also so full of shit

Wow!!

[thelibertycap]

Sold all my XMR. i will buy back at 0.0020-0.0015

And people laughed at me, when i cashed out at 0.0034

Risto actually ridiculed me in trollbox when I sold also around those prices.
Not coming back yet though. The charts are looking so bad and there is still plenty of room to drop lower even if we assume that the previous lows around 0.0009-0.001 are holding not to mention if we go under those figures.

But the fact is, I am making money. The bagholders aren't.

The money is coming from the treasures of the wicked into the hands of the righteous ones.

You're making money at the price of your credibility.

I was racking my brains trying to work out how someone could jettison all objectivity by wrecking their credibility like this. Phrases like 'XMR will soon be at 0.0005'.

And then it hit me: You're not used to playing with such large amounts of money. You made a large albeit risky sale and you've been shitting your pants ever since.

I am just struggling with a thought if he really thinks that what he writes has any meaningful impact on the prices. I could understand wrecking credibility for a gain but what gain can he see in his action? I mean seriously the guy think his pump and dumping makes a difference. LOL

[blacky90]

still no bottom in sight. we will probably go back to the 0.0010s

[othe]

still no bottom in sight. we will probably go back to the 0.0010s

Oh yeah u are the person we have to listen to:

good coin and i think monero and drk are really fucked soon

starting to think to sell my xmr

MY LIFE IS SHIT!!

Karma.

[Shrikez]

The jews controlled almost all the banks during the Weimar republic and lead Germany to severe economic depression, we have the same situation with the US now, coincidence?

Can we keep that out of here please?

[GreekBitcoin]

The jews controlled almost all the banks during the Weimar republic and lead Germany to severe economic depression, we have the same situation with the US now, coincidence?

Can we keep that out of here please?

Yeah i agree. I could really refute that and we would create a big conversation that will never end. But please not here....

[rpietila]

It looks possible that we have abruptly come to the end of the correction 

- The price point required for a 2nd Fib correction (225) was reached
- If we close at 253 or higher, there is a strong green hammer in the daily chart
- Volume is sharply up
- There is some capitulation mentality and/or trolls dancing on the table (only a little, but enough for a midmove retracement bottom).

What do you think about this, guys? Quite a surprise?

[G2M]

It looks possible that we have abruptly come to the end of the correction 

- The price point required for a 2nd Fib correction (225) was reached
- If we close at 253 or higher, there is a strong green hammer in the daily chart
- Volume is sharply up
- There is some capitulation mentality and/or trolls dancing on the table (only a little, but enough for a midmove retracement bottom).

What do you think about this, guys? Quite a surprise?

Pretty sure a lot of bluffs were called today.

Whether or not someone's become disinterested and had previously taken on the mindset that they might have enough to wait out a market decline, or whether or not someone was under the impression that public faces have more reach than they actually do and has refrained from buying until they become disinterested, or whether or not someone was temporarily short on a swing trade and got caught midway..

They're all now momentarily reminded that all it takes is a few hours to realize that the reality is what they want it to be, what they want to create.

The moment is nice.

[rpietila]

The close today is important:

>256 very strong hammer
>253 nice hammer
>250 still counted as hammer.

This can be manipulated with small money of course. Yet I view it with interest. 450 might not survive even the first test if we now turn up 

[Anon136]

if that dip that just happened was the bottom than i LITERALLY caught the bottom. like that was my order that got filled at the bottom of the bottom. never had anything like that happen to me before. pretty cool... if it's really the bottom.

[kazuki49]

The moment is nice.

Thats why its better be double cautious with the negative hype around here, it can rapidly change for the better, the same could be said about positive hype but I'm under impression Monero is about building something useful and lasting and not another p&d, and I'm sure this feel reflect in many of the community and developers actions

[rpietila]

if it's really the bottom.

... then, despite predicting it to the figure, I was caught pants down because I anticipated a longer period of decline.

Depending if you calculate from high/lows or closes, and from the December low or February low, the mighty 2nd Fibonacci retracement level from the latest megamove is either in 217k, 220k, 220k or 225k.

I am rather sure that we will visit that zone before resuming uptrend. The price action has not been very promising so this is the situation.

Also I have a strong feeling that people wishing for <200 will be disappointed.

Conduct your own DD. It's unlikely that I would trade anyway.

Too bad, it will manifest in increased buying pressure later  

[Anon136]

A lot of support up against a price that seems low with very little in the way of resistance. Support that is by definition real considering how close it is to the trading price. Bouncing off a fib retracement level (source risto). Don't want to get my hopes up too much since the big market order seller(s?) may not be done yet, but looking pretty good gentlemen. Promising indicators.

[TrueCryptonaire]

A lot of support up against a price that seems low with very little in the way of resistance. Support that is by definition real considering how close it is to the trading price. Bouncing off a fib retracement level (source risto). Don't want to get my hopes up too much since the big market order seller(s?) may not be done yet, but looking pretty good gentlemen. Promising indicators.

I think there is still good chances to go lower.
If the price will not move clearly above 0.003, the current mini rally is called "dead cat rally" which is only a temporal and the last breaths of the Goliath before falling in front of David's slingshot.

BTW, copngratulations on buying low... Now you have a nice chance to take the profits.  There is some liquidity (not much though - even a middle size dumpster can eat all the liquidity).

[Jojatekok]

It looks possible that we have abruptly come to the end of the correction 

- The price point required for a 2nd Fib correction (225) was reached
- If we close at 253 or higher, there is a strong green hammer in the daily chart
- Volume is sharply up
- There is some capitulation mentality and/or trolls dancing on the table (only a little, but enough for a midmove retracement bottom).

What do you think about this, guys? Quite a surprise?

I totally agree with you about this. 200k is still a key point of support, but it seems that it's going out of sight. Head and shoulders happened already, let's get ready for the next big boom!