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Author Topic: [XMR] Monero Speculation  (Read 3313168 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
TrueCryptonaire
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July 21, 2015, 08:35:18 AM
 #7201

I've bought today over 1000 XMR and if the price stays this low I am considering to add some more coinz.
aminorex
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July 21, 2015, 09:54:50 AM
 #7202

I've bought today over 1000 XMR and if the price stays this low I am considering to add some more coinz.
Sounds reasonable.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
dnaleor
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July 21, 2015, 11:31:58 AM
 #7203



pinky
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July 21, 2015, 11:37:36 AM
 #7204




Yes, next months are going to be unbelievable.



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HCLivess
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July 21, 2015, 11:45:53 AM
 #7205

I am so sick of you. Also, crazy over 8% gains lol.

GingerAle
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July 21, 2015, 11:49:16 AM
 #7206

I am so sick of you. Also, crazy over 8% gains lol.

dude, its going to da moon!

but i wonder how long the 50 cent range will hold before it creeps up. But I guess that depends on bitcoin's price.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
TrueCryptonaire
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July 21, 2015, 11:55:49 AM
 #7207

I've bought today over 1000 XMR and if the price stays this low I am considering to add some more coinz.
Sounds reasonable.

Bought 700 more.
dnaleor
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July 21, 2015, 12:08:10 PM
 #7208

I am so sick of you. Also, crazy over 8% gains lol.
Short it then, if you don't think it's happening.
TrueCryptonaire
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July 21, 2015, 12:32:40 PM
 #7209

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy
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July 21, 2015, 12:36:25 PM
 #7210

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy

Wow. That's a lot of Monero you got there. Shocked I have the feeling you might become rich when Monero's price goes up. As for me, I'm growing my stack of Monero and as of now I own 25 XMR.  Roll Eyes

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PREMIUM VIP
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DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
smooth (OP)
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July 21, 2015, 12:43:03 PM
 #7211

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy

Wow. That's a lot of Monero you got there. Shocked I have the feeling you might become rich when Monero's price goes up. As for me, I'm growing my stack of Monero and as of now I own 25 XMR.  Roll Eyes

I have a feeling you might become rich when Monero's price goes up.
Abiky
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July 21, 2015, 12:51:17 PM
 #7212

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy

Wow. That's a lot of Monero you got there. Shocked I have the feeling you might become rich when Monero's price goes up. As for me, I'm growing my stack of Monero and as of now I own 25 XMR.  Roll Eyes

I have a feeling you might become rich when Monero's price goes up.


I'm hoping so. If not, at least I'll earn some profit.  Grin

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███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
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█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
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█▀░░░░░░░████
█▄░░░░░░░░█▀
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██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
TrueCryptonaire
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July 21, 2015, 01:36:23 PM
 #7213

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy

Wow. That's a lot of Monero you got there. Shocked I have the feeling you might become rich when Monero's price goes up. As for me, I'm growing my stack of Monero and as of now I own 25 XMR.  Roll Eyes

I have a feeling you might become rich when Monero's price goes up.


I'm hoping so. If not, at least I'll earn some profit.  Grin

I agree. If you keep buying all the time (like on daily basis some coins), you will have plenty of coins when/if Monero goes viral.
With smaller amounts, the importance is consistency. Keep buying and mining which you hold outside of the exchange so that you will not feel tempted to sell too early.
smooth (OP)
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July 21, 2015, 01:37:14 PM
 #7214

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy

Wow. That's a lot of Monero you got there. Shocked I have the feeling you might become rich when Monero's price goes up. As for me, I'm growing my stack of Monero and as of now I own 25 XMR.  Roll Eyes

I have a feeling you might become rich when Monero's price goes up.


I'm hoping so. If not, at least I'll earn some profit.  Grin

I agree. If you keep buying all the time (like on daily basis some coins), you will have plenty of coins when/if Monero goes viral.
With smaller amounts, the importance is consistency. Keep buying and mining which you hold outside of the exchange so that you will not feel tempted to sell too early.

Nor will you get goxed.
MilkyLep
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July 21, 2015, 05:36:07 PM
 #7215

So what are people's thoughts on that 50k wall at .0026?

Either you own the bitcoins(private keys) or you don't. However with moneroj, nobody knows what you own.
Secure. Private. Untraceable.
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hee-ho.


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July 21, 2015, 05:46:29 PM
 #7216

bought 50 XMR a hour ago. not much but I'll buy more when I get more money  Cool. let's see how it goes.
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July 21, 2015, 05:52:05 PM
 #7217

So what are people's thoughts on that 50k wall at .0026?

Think it will be removed once we get close, might be a scare wall to push people in his bids.

Potential cup and handle forming, this might get very interesting: c&h on BTC and XMR
TrueCryptonaire
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July 21, 2015, 05:54:49 PM
 #7218

So what are people's thoughts on that 50k wall at .0026?

Think it will be removed once we get close, might be a scare wall to push people in his bids.

Potential cup and handle forming, this might get very interesting: c&h on BTC and XMR

Might be even Risto's wall to scare the buyers/sellers.
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July 21, 2015, 06:20:32 PM
 #7219

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy

Wow. That's a lot of Monero you got there. Shocked I have the feeling you might become rich when Monero's price goes up. As for me, I'm growing my stack of Monero and as of now I own 25 XMR.  Roll Eyes

I have a feeling you might become rich when Monero's price goes up.



You're assuming the Monero-overtakes-Bitcoin scenario, which we've been over and I still think would be very damaging to the crypto-economy as a whole, thus lowering the fiat purchasing power of the sum of all coins. Yes, if Monero went 1000x and the cryptoeconomy as a whole went 0.1x, you'd still be up a lot with more than 1% in XMR, but the whole experiment would be vastly less interesting and useful.

I've said for a while that Monero could become the #2 coin, which is a lot more reasonable, and would actually, in my opinion, significantly strengthen the crypto-economy since the #2 coin would be both fully decentralized (ie, it's not Ripple), and offer something valuable and different vs Bitcoin (ie, it's not Litecoin). I think that's a more likely (and better!) outcome for a number of reasons.

That's still a 20-50x (in BTC terms) potential rise in the cards. Not satisfied with that? Wink

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
smooth (OP)
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July 21, 2015, 06:21:03 PM
Last edit: July 21, 2015, 06:50:41 PM by smooth
 #7220

I've bought today so far around 7500 XMR and I am still nibbling.  Cheesy

Wow. That's a lot of Monero you got there. Shocked I have the feeling you might become rich when Monero's price goes up. As for me, I'm growing my stack of Monero and as of now I own 25 XMRRoll Eyes

I have a feeling you might become rich when Monero's price goes up.



You're assuming the Monero-overtakes-Bitcoin scenario

Not really. 25 BTC might be worth even more.

Quote
and I still think would be very damaging to the crypto-economy as a whole

As you know I'm less convinced of that.

As a special case of how that might not happen, I don't rule out the possibility of two winners in crypto, one being the (more) transparent coin (assume hypothetically this is Bitcoin) and one being the (more) private coin (less clear at this point what that might be but Monero is certainly a plausible candidate). It isn't clear to me that the transparent coin would necessarily be bigger, and it also isn't clear that the private coin turning out to be bigger would have the same effect as some other coin that did the same thing as Bitcoin overtaking Bitcoin.
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