[XMR] Monero Speculation

[TrueCryptonaire]

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). 

[eizh]

BBR wakes from the dead. Monero confirmed as a necromancer.

[relm9]

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

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]

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/

[Duomo]

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

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.

[TookDk]

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

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

[Dafar]

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

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

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

[phishead]

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

[aminorex]

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.

[cAPSLOCK]

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

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.

[explorer]

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

[CTTE]

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!  

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

[LordCoder]

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.

[aerbax]

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.

[Dafar]

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!  

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?

[Calabi–Yau Manifold]

It's not a pump. 

[GreekBitcoin]

It's not a pump. 

He didnt buy under 0.25$
He didnt buy under 0.50$
He didnt buy under 1$
He didnt buy under 2$
He didnt buy under 4$
He didnt buy under 8$

[dEBRUYNE]

Crosspost:

We're forking testnet for RingCT testing. Everyone is welcome to participate and try to break it.

v3 happens in a few hours (just a change on coinbase validation).
v4 happens in a bit more than a day, and rct txes become allowed.
v5 happens in 3 days, and rct txes become mandatory (save if you have old unmixable inputs)

Pull the latest master. You don't need to resync anything if you already have a testnet database.

fluffypony will make binaries in the next day or two if you can't.

[bitkilo]

Made a small purchase of Monero the other day through ShapeShift getting in at 0.0074 and just looked at the price this morning, very happy, great start to the week! 

[aminorex]

Trend seems to be leading to a new ATH in 1-4 hours -- if not, then we might see some dumps when it breaks the lower rising support line.  Get your BTC ready.