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Author Topic: [XMR] Monero Speculation  (Read 3312563 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.)
OrangeP
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September 19, 2016, 08:10:28 AM
 #22401

So does it mean that I should start buying monero now although the price has continued to drop big time? I need some help here guys because I believe monero is a good coin somehow but I just want to know what price exactly a good price.

No one knows.
The current price is better than it has been before.
The current price is worse than it used to be.


You might try cost averaging of buys by setting a fixed time frame and budget to buy.
Example:
 - Today you buy with 40% of your budget
 - 09/26 you buy another 20%
 - 10/03 you buy another 20%

and so on... (Also known as the buy and hold strategy)


Hottest Coins: Decred, ZCoin, Waves
jack1111
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September 19, 2016, 10:17:01 AM
 #22402

I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?
smoothie
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September 19, 2016, 10:24:14 AM
 #22403

I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?

Meh, price goes up and down, nothing too complicated.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
equipoise
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September 19, 2016, 11:54:22 AM
 #22404

I have the feeling that the correction is over. I may be correct or not, but today is my birthday so I bought some Monero OTC and I think this is the best present I'll receive today.

About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
BTC: 1KoCX7TWKVGwqmmFw3CKyUSrKRSStueZar | NMC: NKhYEYpe1Le9MwHrwKsdSm5617J4toVar9 | XMR (Tip me a beer OpenAlias Monero address): tip.changetheworldwork.com
[XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX
Whtwabbit
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September 19, 2016, 11:57:26 AM
 #22405

I've had 2 people inquire how to get XMR (therefore BTC).  Not interested when I put BTC in front of them early 2013.  Not interested when I put XMR in front of them 2014.  I'm used to it. Same disinterest when I made the case for gold <$300.    Suddenly FOMO on BTC2 strikes, and its a good idea.  Takes some longer to grasp the potential than others.

Its all fun and games until someone makes a fortune  Wink

Humans are diverging into two groups, along the Morlok vs Eloi tropes symbolized in The Time Machine.

We are the Neophiles, which Robert Anton Wilson described having as the following basic characteristics:
Quote
    The ability to adapt rapidly to extreme change.
    A distaste or downright loathing of tradition, repetition, and routine.
    A tendency to become bored quickly with old things.
    A desire, bordering on obsession in some cases, to experience novelty.
    A corresponding and related desire to create novelty by creating or achieving something and/or by stirring social or other forms of unrest.
    A complete objection to or distrust of commitment.

A neophile is distinct from a revolutionary in that anyone might become a revolutionary if pushed far enough by the reigning authorities or social norms, whereas neophiles are revolutionaries by nature. Their intellectual abhorrence of tradition and repetition usually bemoans a deeper emotional need for constant novelty and change. The meaning of neophile approaches and is not mutually exclusive to the term visionary, but differs in that a neophile actively seeks first-hand experience of novelty rather than merely pontificating about it.

The opposite of a neophile is a neophobe; a person with an aversion to novelty and change. Wilson observes that neophobes tend to regard neophiles, especially extreme ones, with fear and contempt, and to brand them with titles such as "witch," "satanist," "heretic," etc. He also speculates in his Prometheus Rising series of books that the industrial revolution and related enlightenment represents one of the first periods of history in which neophiles were a dominant force in society.

Neophiles accelerate change because they like it that way.

The word "neophilia" has particular significance in Internet and hacker culture. The New Hacker's Dictionary gave the following definition to neophilia -

    The trait of being excited and pleased by novelty. Common among most hackers, SF fans, and members of several other connected leading-edge subcultures, including the pro-technology 'Whole Earth' wing of the ecology movement, space activists, many members of Mensa, and the Discordian/neo-pagan underground (see geek). All these groups overlap heavily and (where evidence is available) seem to share characteristic hacker tropisms for science fiction, music.


https://en.wikipedia.org/wiki/Neophile

They are the Neophobes.  They hate new things.  Thinking objectively about abstract ideas makes their brains sore with cognitive dissonance.

We Morlocks carry the burden of intellect, production, and advancing civilization beyond the stars.

The Eloi live in blissful ignorance, but they are our natural prey, and so they perceive us as terrible monsters.

 I thought this might be some nice reading in the calm

http://capitalismmagazine.com/2002/08/franciscos-money-speech/


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
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Denker
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September 19, 2016, 12:52:24 PM
 #22406

I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?

I wouldn't try to connect the price with certain events or news right now.
Monero had seen an incredible pump.Therefore a bigger correction was about to happen.
So it's more just the market playing it out at the moment and looking for a solid price where it might stabilise for a while.
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September 19, 2016, 01:08:38 PM
Last edit: September 19, 2016, 11:43:15 PM by vokain
 #22407

I have the feeling that the correction is over. I may be correct or not, but today is my birthday so I bought some Monero OTC and I think this is the best present I'll receive today.

Wishing you the happiest birthday equipoise!!

Smiley
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September 19, 2016, 01:30:41 PM
 #22408

Am I alone when i say that i think that the bottom is reached? 150 looks pretty stable atm there are no more panic sellers who are selling their coins with loss -seems to me. I think now its a good time to reinvest.
cryptimus prime
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September 19, 2016, 01:43:55 PM
 #22409

Am I alone when i say that i think that the bottom is reached? 150 looks pretty stable atm there are no more panic sellers who are selling their coins with loss -seems to me. I think now its a good time to reinvest.

I had the same thoughts today. Seems like panic sellers and profit takers had their days, but now the sell pressure (and volume) are very low.
We had falling prices on low volume nearly the whole time.
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September 19, 2016, 01:52:28 PM
 #22410

http://www.newsbtc.com/2016/09/19/upcoming-monero-hard-fork-lays-foundation-complete-anonymity/
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September 19, 2016, 04:03:33 PM
 #22411

although the price has continued to drop big time?

That is a reason to buy not a reason not to buy. Cheesy

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?
bobmarley650
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September 19, 2016, 04:41:48 PM
 #22412

All time high is soon

bobbtc@protonmail.com / Working day and night
Billy Bunter
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September 19, 2016, 04:52:19 PM
 #22413

New Monero Version: 0.10.0 "Wolfram Warptangent"

https://github.com/monero-project/monero/releases

Baguette Holder.
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September 19, 2016, 04:55:10 PM
Last edit: September 19, 2016, 06:30:39 PM by Anon136
 #22414

Wolfram Warptangent

Why couldn't my parents name me something like that?

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?
bitebits
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Flippin' burgers since 1163.


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September 19, 2016, 04:59:16 PM
 #22415

New Monero Version: 0.10.0 "Wolfram Warptangent"

https://github.com/monero-project/monero/releases


Awesome! And the below seems to be an important detail:

Quote
Updating: Blockchain Conversion

Due to the space savings and performance gains it is again highly recommended that you delete the contents of your Monero working directory and sync from scratch. This directory can be found in ~/.bitmonero on Linux and OS X, and on Windows in \Users\username\AppData\Roaming\bitmonero or \ProgramData\bitmonero.

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
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September 19, 2016, 06:52:13 PM
 #22416

short at 167 hehe  Cheesy
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September 19, 2016, 06:53:12 PM
 #22417

Someone is gathering up the moneros...
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September 19, 2016, 06:54:17 PM
 #22418

Really starting to feel like we are putting in a bottom. Question is, do I trust my judgement enough to go all in. (not all in all in just all out on bitcoin) Life is full of such hard decisions.

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?
CTTE
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September 19, 2016, 07:01:56 PM
 #22419

Really starting to feel like we are putting in a bottom. Question is, do I trust my judgement enough to go all in. (not all in all in just all out on bitcoin) Life is full of such hard decisions.

Hey...  N-rG just shorted it must be the perfect time to go long and deep!  Grin
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September 19, 2016, 07:09:51 PM
 #22420

Really starting to feel like we are putting in a bottom. Question is, do I trust my judgement enough to go all in. (not all in all in just all out on bitcoin) Life is full of such hard decisions.

Hey...  N-rG just shorted it must be the perfect time to go long and deep!  Grin

Do it Smiley
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