[XMR] Monero Speculation

[wpalczynski]

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

[1714931134]

1714931134

[1714931134]

1714931134

[lyth0s]

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

[TrueCryptonaire]

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower.  

We will need to waite for the big money entering to the markets.
The only thing I am concerned do we get enough money flowing towards Monero in order to get any significiant prices.

Actually the odds for failure is still pretty high.

The bull market looks like it is loosing some of its steam. 

[rpietila]

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower.  

I am obviously not dumping. But the markets sometimes behave so that when it's clear that it is not going higher in the immediate term, they sell off, sometimes viciously.

It's anybody's guess how realistic it is to wish for the triple low. I am not counting on that  

[TrueCryptonaire]

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower.  

I am obviously not dumping. But the markets sometimes behave so that when it's clear that it is not going higher in the immediate term, they sell off, sometimes viciously.

It's anybody's guess how realistic it is to wish for the triple low. I am not counting on that  

The question and beef is: Are you a buyer now. Or do you have friends who want to buy at these levels now?

[onemorebtc]

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower. 

I am obviously not dumping. But the markets sometimes behave so that when it's clear that it is not going higher in the immediate term, they sell off, sometimes viciously.

It's anybody's guess how realistic it is to wish for the triple low. I am not counting on that 

IMHO the only safe strategy atm is holding and buy dips (at least thats what i continue to do - btw thanks risto: i am in the green now)

[TrueCryptonaire]

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower. 

I am obviously not dumping. But the markets sometimes behave so that when it's clear that it is not going higher in the immediate term, they sell off, sometimes viciously.

It's anybody's guess how realistic it is to wish for the triple low. I am not counting on that 

IMHO the only safe strategy atm is holding and buy dips (at least thats what i continue to do - btw thanks risto: i am in the green now)

In bear market holding is the worst strategy. It is the only assured way to lose money.

[onemorebtc]

In bear market holding is the worst strategy. It is the only assured way to lose money.

i dont think this is a bear market any more (maybe shortterm but not mid- or longterm)

[TrueCryptonaire]

In bear market holding is the worst strategy. It is the only assured way to lose money.

i dont think this is a bear market any more (maybe shortterm but not mid- or longterm)

This is long term bear market (since summer 2014-fall 2014 depending on how you want to define it).  
Short term this is bull market which looks losing steam. However, this can be also a trap, idk.

[wpalczynski]

Bull market looks pretty good to me so far.  People, don't forget that anyone calling for dumps now (And I don't mean Risto specifically, I don't recall him saying 0.0013 but anyway...) might want to actually initiate that dumping to acquire some cheaper coins in an uptrend.  Don't ever listen to people on the internet but follow your gut.

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower.  

We will need to waite for the big money entering to the markets.
The only thing I am concerned do we get enough money flowing towards Monero in order to get any significiant prices.

Actually the odds for failure is still pretty high.

The bull market looks like it is loosing some of its steam. 

[wpalczynski]

Yup... It certainly looks like you have an agenda!!

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

So what's up with price bump recently?

And big money is coming into the game now via Risto

Risto actually said there might be a dump coming....
He is expecting 0.013 price range.
I am afraid it might go even lower. 

I am obviously not dumping. But the markets sometimes behave so that when it's clear that it is not going higher in the immediate term, they sell off, sometimes viciously.

It's anybody's guess how realistic it is to wish for the triple low. I am not counting on that 

IMHO the only safe strategy atm is holding and buy dips (at least thats what i continue to do - btw thanks risto: i am in the green now)

In bear market holding is the worst strategy. It is the only assured way to lose money.

[wpalczynski]

Agreed.

bull market maybe just started, i do not expect it to go straight up. pull back to 140 is possible, but we wont see any tripple bottom, this time is over now i think.
the double bottom looks very impressive on the 3d chart. 100k is gone forever
i would welcome some small correction, bulls also need to rest and reload if they should go for 190 next week. looking at the bigger charts one can easlily guess this might just be the beginning of a much bigger move. shorting here is only for people who really know what they are doing, all others are better of just buying at the dips or dont buy at all(assuming you allready got some).
way up will be very hard, no question.

[TrueCryptonaire]

Agreed.

bull market maybe just started, i do not expect it to go straight up. pull back to 140 is possible, but we wont see any tripple bottom, this time is over now i think.
the double bottom looks very impressive on the 3d chart. 100k is gone forever
i would welcome some small correction, bulls also need to rest and reload if they should go for 190 next week. looking at the bigger charts one can easlily guess this might just be the beginning of a much bigger move. shorting here is only for people who really know what they are doing, all others are better of just buying at the dips or dont buy at all(assuming you allready got some).
way up will be very hard, no question.

Unfortunately there is no proof of bull market. Only short term perhaps (1-2 mo term).
It even did not touch the highs we had on Xmas not to mention the high before that high. I wonder how do you define a bull market but IMO bull market is when there is ATH broken. Now even local highs are not broken thus the bear market continues.

[dEBRUYNE]

Agreed.

bull market maybe just started, i do not expect it to go straight up. pull back to 140 is possible, but we wont see any tripple bottom, this time is over now i think.
the double bottom looks very impressive on the 3d chart. 100k is gone forever
i would welcome some small correction, bulls also need to rest and reload if they should go for 190 next week. looking at the bigger charts one can easlily guess this might just be the beginning of a much bigger move. shorting here is only for people who really know what they are doing, all others are better of just buying at the dips or dont buy at all(assuming you allready got some).
way up will be very hard, no question.

Unfortunately there is no proof of bull market. Only short term perhaps (1-2 mo term).
It even did not touch the highs we had on Xmas not to mention the high before that high. I wonder how do you define a bull market but IMO bull market is when there is ATH broken. Now even local highs are not broken thus the bear market continues.

In my opinion we certainly broke the longterm downtrend (and bearmarket), so we are currently in a bullmarket. I am not saying this is a longterm bulltrend (time will tell and tides can turn), but it is certainly a short term one.

To quote myself:

The break of the long downtrend:



Note: this is drawn from the 0.01 top, if you drew it from 0.0051 it broke as well.

Also some definitions of bullmarket:

A financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities.

A bull market is a period of generally rising prices. The start of a bull market is marked by widespread pessimism. This point is when the "crowd" is the most "bearish".[5] The feeling of despondency changes to hope, "optimism", and eventually euphoria.[6] This is often leading the economic cycle, for example in a full recession, or earlier.

[wpalczynski]

Quote from: Wikipedia
A bull market is a period of generally rising prices. The start of a bull market is marked by widespread pessimism. This point is when the "crowd" is the most "bearish".[5] The feeling of despondency changes to hope, "optimism", and eventually euphoria.[6] This is often leading the economic cycle, for example in a full recession, or earlier.
   

Great definition.  Thanks.

[TrueCryptonaire]

Agreed.

bull market maybe just started, i do not expect it to go straight up. pull back to 140 is possible, but we wont see any tripple bottom, this time is over now i think.
the double bottom looks very impressive on the 3d chart. 100k is gone forever
i would welcome some small correction, bulls also need to rest and reload if they should go for 190 next week. looking at the bigger charts one can easlily guess this might just be the beginning of a much bigger move. shorting here is only for people who really know what they are doing, all others are better of just buying at the dips or dont buy at all(assuming you allready got some).
way up will be very hard, no question.

Unfortunately there is no proof of bull market. Only short term perhaps (1-2 mo term).
It even did not touch the highs we had on Xmas not to mention the high before that high. I wonder how do you define a bull market but IMO bull market is when there is ATH broken. Now even local highs are not broken thus the bear market continues.

In my opinion we certainly broke the longterm downtrend (and bearmarket), so we are currently in a bullmarket. I am not saying this is a longterm bulltrend (time will tell and tides can turn), but it is certainly a short term one.

To quote myself:

The break of the long downtrend:



Note: this is drawn from the 0.01 top, if you drew it from 0.0051 it broke as well.

Also some definitions of bullmarket:

A financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities.

Sure we can draw all kind of lines but those who bought in xmas pump at the peak are still red with their investments not to mention of people who bought at the peak of previous pumps.
This could be a start of a bullish trend but so far it is not. Indeed it need first to approach the previous highs and after approaching it could break it. However, as long as the previous highs are not broken, I am a bearish here.

I do not suggest to sell coins (I have sold only my speculative position which is a small and the long term position is stored for years to come). I suggest to be careful not to end up being a bitter bagholder. 

[dreamspark]

Well, another 100k of previously presumed lost supply is now available not exactly bullish. How much of that gets sold depends on whether the owners had written the loss off and thus would be happy to dump for anything to recover their $/BTC or how many of them are real investors in the coin and are happy to have added to their XMR stash.

[TrueCryptonaire]

Well, another 100k of previously presumed lost supply is now available not exactly bullish. How much of that gets sold depends on whether the owners had written the loss off and thus would be happy to dump for anything to recover their $/BTC or how many of them are real investors in the coin and are happy to have added to their XMR stash.

This is also a bearish signal.
I understand that the current holders need an exit door and therefore they are trying to convince people buying at these topish prices.
Risto is anticipating for 0.0013 but I am more bearish. I am afraid we go sub 0.0011.

[GreekBitcoin]

This is also a bearish signal.
I understand that the current holders need an exit door and therefore they are trying to convince people buying at these topish prices.
Risto is anticipating for 0.0013 but I am more bearish. I am afraid we go sub 0.0011.

Well you are calling for 0.0005 for ages now. What made you change your mind at double that value?

[TrueCryptonaire]

This is also a bearish signal.
I understand that the current holders need an exit door and therefore they are trying to convince people buying at these topish prices.
Risto is anticipating for 0.0013 but I am more bearish. I am afraid we go sub 0.0011.

Well you are calling for 0.0005 for ages now. What made you change your mind at double that value?

It did not happen and I have changed my mind.
However, this doesn't mean it will not occur.