[XMR] Monero Speculation

[dEBRUYNE]

Good time to buy into XMR now with the dip in price?

The 0.0017-0.0019 area has historically been a great support zone, so I would advise to place your bids according to that. Furthermore, dollar cost (or btc cost) averaging is key with this kind of volatility.

[TaunSew]

Good time to buy into XMR now with the dip in price?

The 0.0017-0.0019 area has historically been a great support zone, so I would advise to place your bids according to that. Furthermore, dollar cost (or btc cost) averaging is key with this kind of volatility.

I'm not completely sure if the above posts are any indication.  The easy capitalization margin trading machine has been limited by Poloniex now, so Monero has to do some reinvention to make up the shortfall.

[rangedriver]

Good time to buy into XMR now with the dip in price?

The 0.0017-0.0019 area has historically been a great support zone, so I would advise to place your bids according to that. Furthermore, dollar cost (or btc cost) averaging is key with this kind of volatility.

I'm not completely sure if the above posts are any indication.  The easy capitalization margin trading machine has been limited by Poloniex now, so Monero has to do some reinvention to make up the shortfall.

Subtle FUD posts are the greatest indicators of a good purchase.

[rpietila]

Just wanted to post and tell that I don't see anything happening in Monerosphere. Once we get one serious buyer (and I still have many in the pipeline, and some small ones are accumulating as we speak), then there will be price action.

As long as the whole world does not provide one person interested in a private cryptocurrency, well, then we'll have to languish at the current levels 

[TrueCryptonaire]

Just wanted to post and tell that I don't see anything happening in Monerosphere. Once we get one serious buyer (and I still have many in the pipeline, and some small ones are accumulating as we speak), then there will be price action.

As long as the whole world does not provide one person interested in a private cryptocurrency, well, then we'll have to languish at the current levels 

Let it drop before the pump. 
I (and I assume many others, too) want some cheap coinz.

[MataKhobRazi]

Just wanted to post and tell that I don't see anything happening in Monerosphere. Once we get one serious buyer (and I still have many in the pipeline, and some small ones are accumulating as we speak), then there will be price action.

As long as the whole world does not provide one person interested in a private cryptocurrency, well, then we'll have to languish at the current levels 

Let it drop before the pump. 
I (and I assume many others, too) want some cheap coinz.

What is "cheap" for you ?

[camu6]

Just wanted to post and tell that I don't see anything happening in Monerosphere. Once we get one serious buyer (and I still have many in the pipeline, and some small ones are accumulating as we speak), then there will be price action.

As long as the whole world does not provide one person interested in a private cryptocurrency, well, then we'll have to languish at the current levels  

Let it drop before the pump.  
I (and I assume many others, too) want some cheap coinz.

What is "cheap" for you ?

Looking at the historical price range, cheap XMR would be below 0.002.  

0.002 to - 0.0017 seem to be good and rare opportunities to add to your stash. 0.0017 - 0.0015 are mostly wigs down. Everything below (for a longer timeperiod and without immediate bounce back up) is just wishfull thinking nowadays IMO. Always keep an eye on the upside/downside potential.

[saddambitcoin]

XMR isn't really dropping, the USD price is holding steady around 50 cents.

[kazuki49]

As long as the whole world does not provide one person interested in a private cryptocurrency, well, then we'll have to languish at the current levels  

Now its pretty clear to me why Bitcoin got an easy pass in the media (bad news is good news) and with the regulators, it must be a big joke to them how it favors the system. Monero is a new battle.

Bitcoins—a highly traceable digital currency

[Anon136]

Bitcoins—a highly traceable digital currency

Bitcoin - a trojan horse with monero inside

Just let it past the gates and see what happens.

[nioc]

Trojan horse/fluffypony

[mrkavasaki]

Please believe me, monero is a very bad Investment!!
Sooner or later, polo get hacked and monero will much dead by then!!!!
Don't invest your lifesaving in this!!!!!

[luigi1111]

Please believe me, monero is a very bad Investment!!
Sooner or later, polo get hacked and monero will much dead by then!!!!
Don't invest your lifesaving in this!!!!!

Don't you realize you're supposed to put several !s followed by several 1s? Like this!!!11

Also, you're such a lifesaver.

[Ale]

Just wanted to post and tell that I don't see anything happening in Monerosphere. Once we get one serious buyer (and I still have many in the pipeline, and some small ones are accumulating as we speak), then there will be price action.

As long as the whole world does not provide one person interested in a private cryptocurrency, well, then we'll have to languish at the current levels 

Thanks for the update.

[vokain]

Bitcoins—a highly traceable digital currency

Bitcoin - a trojan horse with monero inside

Just let it past the gates and see what happens.

Could this also be argument to peg the two chains, at least as long as it's useful (if it is)?

Edit: I apologize for any ignorance on this topic

[GingerAle]

Bitcoins—a highly traceable digital currency

Bitcoin - a trojan horse with monero inside

Just let it past the gates and see what happens.

Could this also be argument to peg the two chains, at least as long as it's useful (if it is)?

Edit: I apologize for any ignorance on this topic

Sure, perhaps the chains will be pegged. Hooray open source. I'm sure someone will come up with some wiz-snap bandoogle way to do it.

xmr.to is kinda that already , there's just some centralization to it still. Once monero gets some check_lock_time_have_a_banana functionality, then xmr.to morphs to a decentralized exchange-type thing and then there are parades.

[medusa13]

wasn't maxwell here because of that?

no seriously, it's sad those comments get burried so fast. but the real discussion about this was/is in the gold collapsing-bitcoin up thread anyway. monero was not mentioned too often, but everyone was thinking about it for sure

i still dont know the truth, i think only a few know. if its really possible to have a real functioning RSSC without telling what goes in an out? how will it be secured? how pegged if at all? so many questions, i better just stay with monero

if tptb_need_war makes an RS coin i will maybe buy some too

[hodlmybtc]

I believe the rise of LTC is a forecast for Monero, LTC is pretty useless, it just has the advantage that it is still firmly established as the #2 coin.

LTC will probably see great gains if BTC bubbles again and it will probably crash as hard after as it did in 2014.

But if BTC bubbles more and more people will also be increasingly interested in privacy focussed coins, people have like 0 privacy these days and they know it because of Wikileaks etc.

By now increasingly more people know that Bitcoin isn't as anonymous as everyone thought, this means more and more people will flock to coins like Monero (mostly I believe it is firmly at the top of privacy focussed coins).

Don't sell your coins to early when a bubble happens, just look at the % gains LTC made in 2013.

[camu6]

I believe the rise of LTC is a forecast for Monero, LTC is pretty useless, it just has the advantage that it is still firmly established as the #2 coin.

LTC will probably see great gains if BTC bubbles again and it will probably crash as hard after as it did in 2014.

But if BTC bubbles more and more people will also be increasingly interested in privacy focussed coins, people have like 0 privacy these days and they know it because of Wikileaks etc.

By now increasingly more people know that Bitcoin isn't as anonymous as everyone thought, this means more and more people will flock to coins like Monero (mostly I believe it is firmly at the top of privacy focussed coins).

Don't sell your coins to early when a bubble happens, just look at the % gains LTC made in 2013.

This is certainly possible. Once found usefull by a large enough userbase, there could be bubbles just like that. I think it's just a matter of time until the crypto world shifts to more anonymous coins. People just need to realise the true value of privacy.

[jehst]

LTC:USD has nearly tripled in anticipation of the block reward halving 50+ days from now. As a currency, it has zero actual use. Doesn't make much sense to me. The crash will be amusing but I won't pretend that I can time it. The market can stay irrational far longer than I can stay solvent. XMR:BTC went from .001x to .004x. BTC:USD went from 100s to $1000 and fell to a stable value in the $200s.

Clearly cryptocurrencies can overshoot their stable values by 2x or 4x or 20x. And you don't know which it's going to be until it's over.