[XMR] Monero Speculation

[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.

[TrueCryptonaire]

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.

You are wrong. Monero is not a ponzi scheme. Pyramid scheme it indeed is but not a ponzi.
If you call Monero ponzi you also need to call gold bullion ponzi scheme. In general anything that has value need to have some sort of constraints in the supply side. Monero has an algorithm that sets tight limits on how much coins will be mined in x period.
I am telling you guys, there are only around 5 million Moneros to be mined before the tail emission starts to kick into the game and then it is game over day for the shorters.

Monero needs to have fresh hands that takes your coins which you probably bought higher and are now complaining here.
If you feel like you want to sell more coins, please do so. You can even borrow some Moneros which I will among the other people here buying and lending back to you. Bear in mind, the lenders are the kings in the markets because they can stop lending and withdrawing their coins at any minute.

[TrueCryptonaire]

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

FEEL FREE TO DUMP INTO MY BAGS!!!!

[600watt]

i am guessing it will bounce @ 0.007

[Bagatell]

i am guessing it will bounce @ 0.007

Why so bearish? 0.0081 

[r.o.o.t]

Cheap coins for 0.0127, but I expect just taking a short breath before another deep dive.

[Shiroslullaby]

Well the bleeding seems to have stopped at 0.0128 for now.

I still think long-term investments in this coin are pretty good.
People looking to make a quick buck are getting scared and dumping coins.
Personally I'm going to hold a few coins and keep my little miners running and pray for a miracle.  

If another deep dive happens I'm just gonna afk from the markets for the rest of the weekend and check back on Monday lol.

[freedomgo]

Cheap coins for 0.0127, but I expect just taking a short breath before another deep dive.

I think that is not cheap for now because we have already seen how Monero has dive its price, I think we need to observe more until the price gets a little stable. Let's have patience guys.

[N-rG]

https://www.youtube.com/watch?v=CbfpCas00Mo

but anyway i have trust in the developers of MoneyCoin and the coin itself.

[elrippo]

As i stated earlier, 0,01 (if we go to wave #1 that would be 0,0093) at 10 October and then correction to 0,02 and above until 02 November.

What i find interesting is this guy -> for german speakers only 

#1

#2

[N-rG]

OASIS Market just did an exit scam! (for the ones who not already know)

[TrueCryptonaire]

Acceptance in AB

I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.

Thanks for that Information.

I think this is an important fact. Cause look at ETH. 1 Bilion market cap. bus actually absolutely no use.

Bitcoin == Darknet + some Shops
XMR == Darknet atm.

Only due to that, XMR is at least 6 times below its potencial. So price should go to 70$ in the next 6 Month.

Than consider that the ETH fraction will see that ETH does not get the use needed..a lot of cash will also move to XMR. So there is no reason why the price should drop. The chance is much higher that its raises. My oppinion.

Still going to 70 usd in 6 months?

[Febo]

OASIS Market just did an exit scam! (for the ones who not already know)

I really dont understand those people.  From what i was reading last weeks they were like close to rank.5 darkmarket. They just dump all that and cash out?
Probably i dont know much of darkmarkets and there is most likely some danger running them so people can just decide to move on.

[TrueCryptonaire]

What makes you so sure that ETH has this one and only purpose?

Please stop trolling around and read properly. https://www.ethereum.org

Back to important things:

LOAN OFFERSTotal: 369280.53237829 XMR (20th Sept.)
.....
LOAN OFFERSTotal: 206596.35664249 XMR (27th Setp.)
LOAN OFFERSTotal: 230399.83850490 XMR (today)

So there is a lot room to go up to at least 190+ soon when the shorters close their positions.

Currently only 176896.28687978

[N-rG]

Still going to 70 usd in 6 months?

the recent exit scam will be like stones in the gear. I still believe XMR has a future but atm i would sell (what i already did with big loss) cause it could get really really ugly. But how can i know. For me its just too hot now. When Alphabay also closes, than the coin is dead from market perspective.

But there are still chances (ransomware), but they dont deliever soon. (same with the GUI)

[KeyJockey]

For everyone freaking out about this price drop... basically it's now back to about where it was at the end of August, right?

So, here's what the chart would look like if we disregard only the last "excessive increase" and the "correction" back to today:



So, knowing what you know about XMR's fundamentals AND seeing just THIS chart, would you buy it today?

If YES, then stop freaking out and just HODL.

If NO, then yeah okay go ahead and dump what you have and don't look back.

Crypto's gonna fluctuate,
Crypto's gonna be volatile,
Crypto's gonna be crypto, LOL

IF you didn't already KNOW this, WTF are you doing here?

[adolf512]

For everyone freaking out about this price drop... basically it's now back to about where it was at the end of August, right?

So, here's what the chart would look like if we disregard only the last "excessive increase" and the "correction" back to today:



So, knowing what you know about XMR's fundamentals AND seeing just THIS chart, would you buy it today?

If YES, then stop freaking out and just HODL.

If NO, then yeah okay go ahead and dump what you have and don't look back.

I am buying more now(very slowly), i do freak out but i refuse to sell. XMR is a fundamentally good cryptocurrency, it was just overpriced at least 100% previously due to hype. It is natural to freak out now, this keeps the price low and hence it is a good idea to buy.