[XMR] Monero Speculation

[owlcatz]

I'm done, I've minted all that I could, too much difficulty and too little reward.

I'll continue buying steady and slowly leaving behind my 0.0019 average buy to continue growing my little stack of moneros

It's really quite a mental jump... A year ago I was buying these so cheap. Now, buying @ under $10 usd per coin is the next mental barrier.   Crazy!! 

[1715020367]

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[1715020367]

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[Dafar]

Do we have 10-20 people willing to come to the 1st Global Monero Castle Summit?

I think it could be held 4 weeks from now, or some later time.

It's possible to come for 5 days, but the main event would be a weekend one.

I'd be down, but just for the weekend 

I'm done, I've minted all that I could, too much difficulty and too little reward.

I'll continue buying steady and slowly leaving behind my 0.0019 average buy to continue growing my little stack of moneros

It's really quite a mental jump... A year ago I was buying these so cheap. Now, buying @ under $10 usd per coin is the next mental barrier.   Crazy!! 

Mental barrier indeed... I refuse to buy at 0.015+ ($8.74 at the moment)... I feel like that is too expensive (relatively).. too close to the recent ATH.

But in retrospect anything under $10 might end up being really cheap. What do you think?

[owlcatz]

Do we have 10-20 people willing to come to the 1st Global Monero Castle Summit?

I think it could be held 4 weeks from now, or some later time.

It's possible to come for 5 days, but the main event would be a weekend one.

I'd be down, but just for the weekend 

I'm done, I've minted all that I could, too much difficulty and too little reward.

I'll continue buying steady and slowly leaving behind my 0.0019 average buy to continue growing my little stack of moneros

It's really quite a mental jump... A year ago I was buying these so cheap. Now, buying @ under $10 usd per coin is the next mental barrier.   Crazy!! 

Mental barrier indeed... I refuse to buy at 0.015+ ($8.74 at the moment)... I feel like that is too expensive (relatively).. too close to the recent ATH.

But in retrospect anything under $10 might end up being really cheap. What do you think?

Well, I don't usually buy into "BTC" news articles, but I did enjoy this one?  I mean, the gui is supposedly really coming soon now according to fluffy, so idk... I think anything under 10 USD is probably going to make more $ later.

https://btcmanager.com/news/moneros-run-just-starting-15-in-sight/

[Millionero]

Do we have 10-20 people willing to come to the 1st Global Monero Castle Summit?

I think it could be held 4 weeks from now, or some later time.

It's possible to come for 5 days, but the main event would be a weekend one.

I'm in Europe now.  If I'm still here a month from now, or whenever you have the Summit, I'll attend.  But I've been here four months already and might go back to the U.S. soon.

[TrueCryptonaire]

Do we see 1000 btc Donald Trump type of bid wall near the market price at some point?  

I will let you know when the shorts have gone mad so we can ignite the rocket ship!   

Thank you.

[explorer]

150k buys in 15 minutes.  Bids?  Unaffected 

[Globb0]

Pumping, watched them coins fly by.

(Sorry posted in wrong thread first)

[Its About Sharing]

150k buys in 15 minutes.  Bids?  Unaffected 

Very impressive! 

[explorer]

150k buys in 15 minutes.  Bids?  Unaffected 

Very impressive! 

Another 125K to ATH, so I won't get excited, as it will likely take more than one push to get there.  But... I'm excited 

[Its About Sharing]

150k buys in 15 minutes.  Bids?  Unaffected 

Very impressive! 

Another 125K to ATH, so I won't get excited, as it will likely take more than one push to get there.  But... I'm excited 

I remember Bitcoin at .50 and then $1 and I almost bought but didn't see an easy way in.
Looking at Monero now, imagine Bitcoin at roughly $9.

Now, I'm sure Bitcoin is going to be at $10,000 in a few short years. And in the same way, I can imagine Monero going to $100 in that same time.
Well, just checked that is a 17:11 ration in favor of Bitcoin but I get the feeling Monero will outperform in the coming months.  (Round numbers)... And she, I'm sure
is gonna be put to the test by those not wanting competition (you can imagine), State Actors, hackers, etc. With value comes attacks.

Gonna be an interesting ride.

[neilol-real]

150k buys in 15 minutes.  Bids?  Unaffected  

Very impressive!  

Another 125K to ATH, so I won't get excited, as it will likely take more than one push to get there.  But... I'm excited  

I remember Bitcoin at .50 and then $1 and I almost bought but didn't see an easy way in.
Looking at Monero now, imagine Bitcoin at roughly $9.

Now, I'm sure Bitcoin is going to be at $10,000 in a few short years. And in the same way, I can imagine Monero going to $100 in that same time.
Well, just checked that is a 17:11 ration in favor of Bitcoin but I get the feeling Monero will outperform in the coming months.   (Round numbers)... And she, I'm sure
is gonna be put to the test by those not wanting competition (you can imagine), State Actors, hackers, etc. With value comes attacks.

Gonna be an interesting ride.

Quite - still an exciting time to be in crypto. If the whole market flips to bull mode - the reaction will be (just like last time) just beyond the expectations of current advocates. Which would create a nosebleed aggregate crypto market cap. $XXX billion seems just ridiculous enough in the next 2-5 years

[aminorex]

It will get really hard to buy XMR without moving the market during runs, so when you see liquidity, just hit it, and never-mind the price.  Eventually liquidity will rush back in, because profit taking.  But who knows where the price will be by then?  Not I.  Could be higher, could be lower, could be much, much higher.

Don't ever buy more than you can tolerate losing.  But buy every last XMR that you can tolerate losing.

[coinism]

speculators speculating to buy XMR i have one advice: the price will always seem too high - that is the illusion.
for some ofcourse it seems too low atm. some people buying into monero at 1-2 usd thought the price is already too much. now it's 9.50. it's all speculative.

Look at BTC. Seems rediculously high to pay about 570usd imaginary numbers into other imaginary numbers. It's all relative.

[Billy Bunter]

If Monero passes Dash in price, then the drinks are on me 

[kurious]

If Monero passes Dash in price, then the drinks are on me 

I only drink vintage champagne... ;-)

[Globb0]

Recent High Approaching

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[aminorex]

If Monero passes Dash in price, then the drinks are on me  

That is mostly likely to happen at .002022 XMRBTC, which could take minutes, hours, days or weeks, AFAICT.  My central tendency estimate is 24 hours, but the error bars are "yuuuge", as nanobrain might say.  Bias that towards the hours side.

.. Approaching ..

By the time you say that stuff, I see it in my rear-view mirror.

Other topical thoughts:

Right now I am thinking about how to arrange to have lots of BTC on the exchange in Jan - Apr time frame, when U.S. profit-takers will be hard-pressed to cover tax bills.

I think what we have here is a growing concentration of XMR in financial centers:  London, New York.  Not the ideal form of redistribution.

[neilol-real]

Anyone here participate in any good Monero slack channels? Or any crypto Slacks with XMR following? Slightly off topic because I'm interested in more than just price/trading commentary.


Edit .018  

Edit 2: AND Polo crash?

[aminorex]

The goal of a clever accumulator here would be to prevent a new ATH.  That can lead to a significant pull-back, and cheaper coins.

EDIT: And yes, this dude is pretty sly.

[kurious]

Anyone here participate in any good Monero slack channels? Or any crypto Slacks with XMR following? Slightly off topic because I'm interested in more than just price/trading commentary.


Edit .018  

Edit 2: AND Polo crash?

yeah it froze...  Hasn't helped.   Buy the dip though?