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Author Topic: [XMR] Monero Speculation  (Read 3312365 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.)
Andretti83
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August 28, 2016, 05:55:01 PM
Last edit: August 28, 2016, 06:54:11 PM by Andretti83
 #20581

Boolberry, Aeon and Monero are top growing crypto currencies today.


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djjacket
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August 28, 2016, 06:14:24 PM
 #20582

Pretty epic pump going on price wise. I hope I did not sell too early  Huh. I think it has to drop some soon and I will be ready and waiting. Been holding the same coins for at least a year and this week was the first time I bothered to check them. Thanks djjacket for talking me into accepting them.

Glad to see that "acceptance" of Monero worked out for you! 
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August 28, 2016, 06:38:46 PM
 #20583

Ok, well if you want to move funds to cold storage without using simplewallet, you can use moneroaddress.org (or this: https://github.com/moneromooo-monero/monero-wallet-generator)

Generate the address on an offline computer and save the seed and private keys (the seed is all you need to restore the wallet, but might as well save it all).

Use the viewkey to check that your funds have arrived at cold storage address using this:
http://xmr.llcoins.net/checktx.html

Yep. That is exactly what I have done - and followed all this no problem.  It needs no CLI, all makes sense and I don't need simple wallet.

It was recovery that stumped me.  Getting the test XMR funds back out - then it gets tough, you do need to use the terminal command line and have simple wallet to recover.   Even MyMonero recovery requires SW to work.  But I will spend another day with my G/f watching me on the computer with a frown on.  It will cost me flowers and chocolates - at least Wink

I don't have a mac but I hear the terminal is similar enough to linux (based on linux). I would be happy to help walk you through it and answer any questions. Pm me.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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August 28, 2016, 06:40:49 PM
 #20584

ROGER VER PREDICTS 1 BILLION DOLLAR MARKET CAP FOR XMR IN 2016: https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049
Brother I suggest you check out XMR, it is making big waves in the cryptospace. It is based on a new innovation.. Search on wikipedia "cryptonote" - this is what powers XMR - it is the most private coin there is. Bitcoin is digital gold. It will always be relevant. However day to day cash will be private money....XMR. Check out this post https://bitcointalk.org/index.php?topic=1595182.0 and also this link http://www.nasdaq.com/article/darknet-customers-are-demanding-bitcoin-alternative-monero-cm671031
TrueCryptonaire
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August 28, 2016, 06:42:53 PM
 #20585

I am going to sleep now... So you can have the action time now (up or down - I do not care much - anyway no need to sell).  Embarrassed
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August 28, 2016, 07:12:36 PM
 #20586

BBR wakes from the dead. Monero confirmed as a necromancer.
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August 28, 2016, 07:27:50 PM
 #20587

Sold all my XMR @ .0121 avg, 572btc worth. Will buy it all back at .005 Smiley

Good luck, not gonna happen. Doubt we will see 0121 again even

We'll see. When people say things like it'll never go below X that's exactly when it tends to happen.

Going down to .005 seems too drastic at this point but I wouldn't rule out a retracement to 0.008-0.009
DropDead.Be
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August 28, 2016, 07:45:21 PM
 #20588

9 days ago, this chart was posted. Eventhough his head & shoulder argument may be biased.
Someone give this man a medal for that call.

https://www.tradingview.com/chart/XMRBTC/Dh9vSstb-XMR-inverse-h-s/
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August 28, 2016, 07:46:22 PM
 #20589

Sold all my XMR @ .0121 avg, 572btc worth. Will buy it all back at .005 Smiley

Good luck, not gonna happen. Doubt we will see 0121 again even

We'll see. When people say things like it'll never go below X that's exactly when it tends to happen.

Going down to .005 seems too drastic at this point but I wouldn't rule out a retracement to 0.008-0.009

I am 99% sure you never get it back at .005 ever. I am going to call it early and say you made one of the worst decisions of your life selling quite early. Nor do I ever see Monero (XMR) going back to previous levels. I see a general gradual upward trend that is only continuing.
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August 28, 2016, 08:08:12 PM
 #20590

Sold all my XMR @ .0121 avg, 572btc worth. Will buy it all back at .005 Smiley

Good luck, not gonna happen. Doubt we will see 0121 again even

We'll see. When people say things like it'll never go below X that's exactly when it tends to happen.

Going down to .005 seems too drastic at this point but I wouldn't rule out a retracement to 0.008-0.009

I am 99% sure you never get it back at .005 ever. I am going to call it early and say you made one of the worst decisions of your life selling quite early. Nor do I ever see Monero (XMR) going back to previous levels. I see a general gradual upward trend that is only continuing.

That depends, in bullish times people tend to forget the fundamental; where does the money come from?
In order for a coin to just maintain a certain level, then will fresh fiat constantly have to be put into the ecosystem.
I do recognize the dark adaptation and the future gui app.
However I think is very difficult to make any predictions right now, since all the sharks have landed to get their share of the pie.
If you look at the trading right now, the majority of orders are just bots doings their thing.
Don't get me wrong I believe in XMR, not trash talking here - but 2-3 days of graphs is a very thin basis for predicting anything.

Cheers Smiley



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August 28, 2016, 08:43:09 PM
 #20591

Sold all my XMR @ .0121 avg, 572btc worth. Will buy it all back at .005 Smiley

Good luck, not gonna happen. Doubt we will see 0121 again even

We'll see. When people say things like it'll never go below X that's exactly when it tends to happen.

Going down to .005 seems too drastic at this point but I wouldn't rule out a retracement to 0.008-0.009

I am 99% sure you never get it back at .005 ever. I am going to call it early and say you made one of the worst decisions of your life selling quite early. Nor do I ever see Monero (XMR) going back to previous levels. I see a general gradual upward trend that is only continuing.

That depends, in bullish times people tend to forget the fundamental; where does the money come from?
In order for a coin to just maintain a certain level, then will fresh fiat constantly have to be put into the ecosystem.
I do recognize the dark adaptation and the future gui app.
However I think is very difficult to make any predictions right now, since all the sharks have landed to get their share of the pie.
If you look at the trading right now, the majority of orders are just bots doings their thing.
Don't get me wrong I believe in XMR, not trash talking here - but 2-3 days of graphs is a very thin basis for predicting anything.

Cheers Smiley



What's your timeframe to 0.02 and 0.03?  Or do you think it might not go that high




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phishead
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August 28, 2016, 08:49:46 PM
 #20592

lol monero that shitcoin is pumped and soon it will be dumped hard


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August 28, 2016, 08:54:05 PM
 #20593


That depends, in bullish times people tend to forget the fundamental; where does the money come from?
In order for a coin to just maintain a certain level, then will fresh fiat constantly have to be put into the ecosystem.
I do recognize the dark adaptation and the future gui app.
However I think is very difficult to make any predictions right now, since all the sharks have landed to get their share of the pie.
If you look at the trading right now, the majority of orders are just bots doings their thing.
Don't get me wrong I believe in XMR, not trash talking here - but 2-3 days of graphs is a very thin basis for predicting anything.


Some of us have been predicting this for years. Clearly we had a model which had some predictive value. Yes it was hard to maintain faith with that model when the price plummeted in nominal Bitcoin terms from the mintpal pump out to the January 2015 lows. However I at least was buying at those lows.

I don't think any fiat to speak of has come into Monero yet. Some has, but it is negligible. The overwhelming bulk of Monero purchased has consisted of conversion of Bitcoin into Monero. Bitcoin derived from selling Monero in part was reserved and in part sold by the Monero miners to pay their expenses and derive a cash profit. The Net cash flow into and out of crypto has probably been outward as a result of the Monero phenomenon to date. That is going to change very soon. Very very soon.

While there are many strong and cogent analogies between the evolution of Monero and that of Bitcoin it is important not to apply those lessons in areas where they are not applicable. So far the lack of direct exchange to fiat has created a substantially different dynamic which has kept the price of Monero much lower than it will be in future, when it becomes easier to go from Monero to fiat and back without a btc intermediation.

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.
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August 28, 2016, 09:01:29 PM
 #20594

Sold all my XMR @ .0121 avg, 572btc worth. Will buy it all back at .005 Smiley

Good luck, not gonna happen. Doubt we will see 0121 again even

We'll see. When people say things like it'll never go below X that's exactly when it tends to happen.

Going down to .005 seems too drastic at this point but I wouldn't rule out a retracement to 0.008-0.009

I am 99% sure you never get it back at .005 ever. I am going to call it early and say you made one of the worst decisions of your life selling quite early. Nor do I ever see Monero (XMR) going back to previous levels. I see a general gradual upward trend that is only continuing.

Don't worry he will be back to tell us that he sold all his monero the next time he thinks were at a top.  He completely full of shit.
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August 28, 2016, 09:24:40 PM
 #20595

volume over 80k btc.  If I woke up to this from 10 days ago I would try to get back to sleep and continue that dream Grin
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August 28, 2016, 09:59:33 PM
 #20596

I know this would have sounded really ridiculous just a few days ago but we only need about 2000 btc to get us up to 018.   That would be a good way to end the weekend!  Grin

Edit: Based on previous activity that could legitamately happen in under an hour or two!
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August 28, 2016, 10:10:28 PM
 #20597

Oh man I wish I didn't sell my Monero XMR coins some weeks ago. Who could expect this pump? We'll see how it goes.
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August 28, 2016, 10:26:52 PM
 #20598

Oh man I wish I didn't sell my Monero XMR coins some weeks ago. Who could expect this pump? We'll see how it goes.

It's not a pump.  It's based on events that are changing the landscape.

And we've said all along that this is not like other alt coins.  We're aiming for a fundamentally sound cryptocurrency that protects people in hostile environments.

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August 28, 2016, 10:31:57 PM
 #20599

I know this would have sounded really ridiculous just a few days ago but we only need about 2000 btc to get us up to 018.   That would be a good way to end the weekend!  Grin

Edit: Based on previous activity that could legitamately happen in under an hour or two!

Since it broke 015 i can see it get to 018 easily.... 018-019 will probably be the point it starts turning down again


03 by.... sep 30?




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Calabi–Yau Manifold
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August 28, 2016, 10:32:34 PM
 #20600


It's not a pump. 

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