[XMR] Monero Speculation

[sui_generis]

Not looking good. Wouldn't want to be in XMR at this time. Sell and wait for the bottom, then buy back.

[Anon136]

Not looking good. Wouldn't want to be in XMR at this time. Sell and wait for the bottom, then buy back.

You know how you know when its the bottom right? It's the moment you capitulate and sell despite being a bull.

[adolf512]

You know how you know when its the bottom right? It's the moment you capitulate and sell despite being a bull.

This is to a large extent a fear game, i would reckomend moving your funds from poloniex to your wallet now. Don't sell now no matter how dark it looks. Sometimes with investments the best strategy is to not do anything at all, you are not as smart as you think.

I have still 65% of my money left to invest, i will buy XMR in small portions now and HOLD

[TrueCryptonaire]

I got 2 of my bids filled. Thank you.
Still have 1 more bid waiting, and considering adding 1-5 more bids so that people can get rid of their Moneros. I have some empty space in my bags.

[N-rG]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

[nanobrain]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

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

[N-rG]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

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

Even more unimportant than oasis. Not even listed at deepdotweb. When this market is still there in 2 years and used than we can talk about it.

[nanobrain]

or the market is rejecting the idea of it as a viable coin.  I think its the latter.

"Viable" in terms of what? Trading profitability? Usability as a store of value or medium of exchange?

Please explain, because it otherwise just seems like you're talking your book.

My opinion is that, despite what many speculators pretend to think, markets have no such authority to make assertions on "viability."

Yeah, I'm talking my book because I love seeing low prices...I don't do leveraged trade and wouldn't even know how to short something...I buy low and sell high....that's it.

This is a market and as I keep saying it doesn't matter what 'the truth' is, its what the madding crowd decides.  Much like democracy and the saying "the electorate is never wrong", you can't evade what the majority think, however much you disagree with it or believe they are wrong.  Price is the ultimate vote.

[nanobrain]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

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

Even more unimportant than oasis. Not even listed at deepdotweb. When this market is still there in 2 years and used than we can talk about it.

Clearly you can't read...it opens in about 6 hours time.

[N-rG]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

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

Even more unimportant than oasis. Not even listed at deepdotweb. When this market is still there in 2 years and used than we can talk about it.

Clearly you can't read...it opens in about 6 hours time.

Clearly you are the one who can't read and think.
First I already posted that reddit post of this market yesterday here and second was my point that only alphabay is the one and only important market who accept monero and where xmr is still not used much.

[TrueCryptonaire]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

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

Even more unimportant than oasis. Not even listed at deepdotweb. When this market is still there in 2 years and used than we can talk about it.

Clearly you can't read...it opens in about 6 hours time.

Clearly you are the one who can't read and think.
First I already posted that reddit post of this market yesterday here and second was my point that only alphabay is the one and only important market who accept monero and where xmr is still not used much.

So there is plenty of room to grow still.
I would be more scared in investing and buying more coins if the market had already saturated because that's exactly the point the 10 X profits are less likely.

[Fragbait]

You must factor in that some of the larger BTC Whales are XMR Whales too.

And for those who are not, the hour is getting late.  Soon it will not be possible to become a Monero whale.  The club doors are already beginning to swing shut.

Where has your post gone where you said we were at your buy zone at 0.018?

I was just wondering where is your stop loss at.

[rpietila]

I was just wondering where is your stop loss at.

Stop loss is for margin traders. It does not suit long term investing.

[starmman]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

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

Even more unimportant than oasis. Not even listed at deepdotweb. When this market is still there in 2 years and used than we can talk about it.

Clearly you can't read...it opens in about 6 hours time.

Clearly you are the one who can't read and think.
First I already posted that reddit post of this market yesterday here and second was my point that only alphabay is the one and only important market who accept monero and where xmr is still not used much.

So there is plenty of room to grow still.
I would be more scared in investing and buying more coins if the market had already saturated because that's exactly the point the 10 X profits are less likely.

I'm liking the price right now, didn't think it would be back down to this level - a few of my speculative buy orders were fulfilled overnight. =) Just waiting for some funds to be ready to set a few more buy orders up =)

[Johnny Mnemonic]

This is a market and as I keep saying it doesn't matter what 'the truth' is, its what the madding crowd decides.  Much like democracy and the saying "the electorate is never wrong", you can't evade what the majority think, however much you disagree with it or believe they are wrong.  Price is the ultimate vote.

That assertion is false, and Monero's rise is a perfect example for you. The DNMs didn't adopt Monero because the price went up. Monero's price went up because the DNM's adopted it. The masses are the sheep that follow the knowledge workers of the economy. They want to ride the train, but they're not the ones running it. Their "vote" decides nothing, because at the end of the day they will shut up and accept whatever is available.

[adolf512]

I am a little frustrated that i went out of btc before the price dropped below 0.012, not sure if i will get another chance. Prediction prices short term is almost impossible. I will transfer xmr to my wallet(on a linux machine and backed up) soon, that will prevent me from selling, the real profits is made from long term holding.

That assertion is false, and Monero's rise is a perfect example for you. The DNMs didn't adopt Monero because the price went up. Monero's price went up because the DNM's adopted it. The masses are the sheep that follow the knowledge workers of the economy. They want to ride the train, but they're not the ones running it. Their "vote" decides nothing, because at the end of the day they will shut up and accept whatever is available.

This is 100% true, the stupid masses will buy xmr when the price has gone up at least 10x from this level. I hate myself over not buying xmr earlier but that's life, there is still a lot of potential upwards and now i know that xmr is a good future investments(previously i had doubts).

[Johnny Mnemonic]

The Betamax/VHS war is a poor example to cite as well. Betamax had crippling limitations, like the very limited record time per cassette, on top of the fact that it was a closed format. Most importantly of all, Betamax's fate wasn't decided by the consumers, but the distributors and retailers reluctant to adopt it. Even if that weren't the case, I'd hardly call Betamax a "superior" technology.

[TrueCryptonaire]

Be realistic.

Oasis is totally unimportant in the DDW. Alphabay supports monero but the acceptance is low atm.
No more markets are using Monero.

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

Even more unimportant than oasis. Not even listed at deepdotweb. When this market is still there in 2 years and used than we can talk about it.

Clearly you can't read...it opens in about 6 hours time.

Clearly you are the one who can't read and think.
First I already posted that reddit post of this market yesterday here and second was my point that only alphabay is the one and only important market who accept monero and where xmr is still not used much.

So there is plenty of room to grow still.
I would be more scared in investing and buying more coins if the market had already saturated because that's exactly the point the 10 X profits are less likely.

I'm liking the price right now, didn't think it would be back down to this level - a few of my speculative buy orders were fulfilled overnight. =) Just waiting for some funds to be ready to set a few more buy orders up =)

Actually it is a good price to buy IMO. It is only around 3 times higher than the "stable" price in summer 2014 and only slightly higher than ATH before this leg up.

I have talked about Monero to few of my friends and EVERYBODY of them have bought coins.
If you want to earn some extra money by benefitting Monero in the meantime, just organize OTC deals of XMR to your friends. Just tell them most likely you will lose everything but since January 2015 Monero is up 10 times against bitcoin + tell some nice fundamentals on DNM adaption.
It is surprising how easy it is to sell Moneros to people. Especially now when the price gives also a good entrance point.

[dranster]

Huge Dumps to XMR are coming up soon

BTC is Bullish as fuck


Get out of ROMERO while you can

This thing is probably going to 2 bucks again


Good Luck bagholders

[N-rG]

You must be a good friend to invite your friends by a self made Ponzi scheme. I understand that everyone wants to safe his money and want to have profits.

Monero has some superior key features which should emphasized. But ofc i agree that marketing is very important.