[XMR] Monero Speculation

[BitcoinNewsMagazine]

Here is a chart of the Fibonacci levels since this XMR speculative bubble started place your bids gentlemen



Bitcoin has been known to retrace 61.8% to 78.6% and recover. Breaking 50% is significant so more downside expected.

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[kurious]

Volume up and a fight at the top of the 13s - is this the fightback, or a dead cat bounce...?

[sandiman]

Back in here, damn so much new population !! many of who will soon disapear being but hurt by a short term loss.

Monero will probably continue to trend lower (just broke a quite important support) because damn, gravity exists.

but probably as usual with this coin, the old guys bag holding the coin will finish as winner (unless another anonymous coin comes with better features, does zcash represents a threat btw?)

[BitcoinNewsMagazine]

Volume up and a fight at the top of the 13s - is this the fightback, or a dead cat bounce...?

Dead cat bounce already occurred on Sept 5 daily chart downtrend since then

[nanobrain]

Back in here, damn so much new population !! many of who will soon disapear being but hurt by a short term loss.

Monero will probably continue to trend lower (just broke a quite important support) because damn, gravity exists.

but probably as usual with this coin, the old guys bag holding the coin will finish as winner (unless another anonymous coin comes with better features, does zcash represents a threat btw?)

if you want an anonymous coin that's owned by a bunch of corporate suits and is probably not that anonymous to US federal agencies, then I'd say zcash is a serious threat.  The futures market price is now close to parity with XMR and they are miles ahead interms of online hype and marketing. 

[Febo]

Best  to buy XMR is when people are selling.

As it seems there are people that sold 300k. Since they had them for quite some time it is highly to expected they will buy them back. Maybe even more then only 300k. At soem times when there is not much supply getting 300k XMR is a quite hard achievement.

[adolf512]

Looks like i shouldn't have sold for 0.0135. I think a general strategy is
-don't buy unless you are confortable holding it for the price even if it goes down
-avoid buying too much during one day, limit yourself bo 0.1BTC maybe.
-transfer your funds to your wallet and keep kalm, dont try to predict the price(you only end up making poloniex rich by paying fees).

I bough some XMR back higher, i will now wait until tomorrow before i do anything. Hoping for a crash, might happen. Trading with ADHD really sucks.

[sandiman]

Back in here, damn so much new population !! many of who will soon disapear being but hurt by a short term loss.

Monero will probably continue to trend lower (just broke a quite important support) because damn, gravity exists.

but probably as usual with this coin, the old guys bag holding the coin will finish as winner (unless another anonymous coin comes with better features, does zcash represents a threat btw?)

if you want an anonymous coin that's owned by a bunch of corporate suits and is probably not that anonymous to US federal agencies, then I'd say zcash is a serious threat.  The futures market price is now close to parity with XMR and they are miles ahead interms of online hype and marketing. 

Cheers for the heads up. I remember about that now, and i've read somewhere that a "zcash classic" could be built, don't think it'll change something if it's the same code.

[dreamspark]

What goes up, must come down (though not all the way down  )

[TrueCryptonaire]

I hope a dump so that my bids will get filled but looks like we have a pump. 

[N-rG]

https://www.reddit.com/r/Monero/comments/557ilm/moneromarket_xmr_only_dnm/

hold your XMR or buy now

[nioc]

What goes up, must come down (though not all the way down  )

You are, as always, the optimist 

[r.o.o.t]

Bounced from 0.013, is it a support or just temporary pull back ?

[sandiman]

Bounced from 0.013, is it a support or just temporary pull back ?

probably retest previous support that turned resistance.

[gkv9]

Bounced from 0.013, is it a support or just temporary pull back ?

Neither a support nor a pull back, it's called correction...
I think we won't see such cheap prices for XMR again and it will rise back to where it was if things get delivered as promised...

[TrueCryptonaire]

Bounced from 0.013, is it a support or just temporary pull back ?

Neither a support nor a pull back, it's called correction...
I think we won't see such cheap prices for XMR again and it will rise back to where it was if things get delivered as promised...

I hope Warz will dump the rest of his coins so that my bids will get filled before the rise.

[dEBRUYNE]

Preview of the MoneyBit GUI - an alternative GUI implementation by one of the community members

http://webm.land/media/X5dj.webm

https://www.reddit.com/r/Monero/comments/554p08/moneybit_gui_preview/

[kurious]

Preview of the MoneyBit GUI - an alternative GUI implementation by one of the community members

http://webm.land/media/X5dj.webm

https://www.reddit.com/r/Monero/comments/554p08/moneybit_gui_preview/

Wow - pretty quick - after all this time the official GUI gets beaten to it, inside weeks...?

Doh!

[TrueCryptonaire]

The official GUI may never come so dump your coins to my bids, please.

[kurious]

The official GUI may never come so dump your coins to my bids, please.

Only buying here, you can't have my coins