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tifozi
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October 19, 2016, 02:53:03 AM |
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Zeronet is also going to be huge in due time. Nice screenshot right there .. A lot of the low hanging fruits have been gambling last 3-4 weeks as well as newbies learning lessons the hard way. But will they ever really learn  |
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Hueristic
Legendary
 Offline
Activity: 4284
Merit: 6224
Doomed to see the future and unable to prevent it
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October 19, 2016, 03:27:59 AM |
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It is my understanding that he went on a cruise around the world.
You'd think he'd have learned to stay away from the damn boats by now  Not all cruises are on boats. I cruise in my jooogie car all the time. My car is a Boat. And just like a boat it's got the same definition, "A hole in the water you throw your money into".  What is happening here? XMR is only clearly in a correction yet the people are already overreacting. Those people who are very anxious and angry are probably the ones who were scared to be left behind so they panic bought at the top. Now they feel that the are trapped but that is far from the truth. We should all be patient and keep supporting Monero. The cryptosphere will be too big for bitcoin and other cryptocoins will naturally be needed to fill the niche that bitcoin cannot reach.
Sorry can't hear you from all the screaming going on, really there's no way to keep up with this thread and have a life! Well I suck with graphs and graphic software but here's a possibility. DO NOT USE THIS TO GAMBLE WITH !!!!!!!!!!  |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
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October 19, 2016, 04:23:10 AM |
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Ask yourself one very important question:
When the GUI is out, which reason do all those DNM users have to use BTC over XMR?
volatility |
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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October 19, 2016, 04:24:06 AM |
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Ask yourself one very important question:
When the GUI is out, which reason do all those DNM users have to use BTC over XMR?
volatility You never heard about hedging? |
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GreekBitcoin
Legendary
Offline
Activity: 1428
Merit: 1001
getmonero.org
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October 19, 2016, 04:27:28 AM |
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 This image says it all. I was just surfing the zeronet and found this Interesting |
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N-rG
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October 19, 2016, 06:36:44 AM |
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Hinozoid
Newbie
Offline
Activity: 6
Merit: 0
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October 19, 2016, 07:25:37 AM |
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Fan of Zcash? So what is your Monero price prediction? |
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CryptoPH
Full Member
Offline
Activity: 161
Merit: 100
<3 Crypto
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October 19, 2016, 08:06:06 AM |
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 I am calling a bottom at 8888.
- Just feels like that
- Dip below 0.01 was defended with reasonable volume and bounced back above
- Hammer in daily yesterday (albeit red)
- In accordance with everything I said since the pump started
- Lucky number.
Reasonable strategy is to not play FOMO. It aint goin higher. Buy methodically especially on dips. Stop-loss at 8888 if on margin.
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olcaytu2005
Legendary
Offline
Activity: 1470
Merit: 1024
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October 19, 2016, 08:58:50 AM |
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Btc might be moving up and the recent dump was shake out. I want to agree with rpietila that 888 was the bottom but a huge btc rally might coming very soon. XMR may maintain its fiat value but could decrease dractically if the predictions over 670 or even 700 for btc happens. Im personally staying away for now.
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cryptimus prime
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October 19, 2016, 09:19:39 AM |
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Btc might be moving up and the recent dump was shake out. I want to agree with rpietila that 888 was the bottom but a huge btc rally might coming very soon. XMR may maintain its fiat value but could decrease dractically if the predictions over 670 or even 700 for btc happens. Im personally staying away for now.
Honestly this "huge" BTC "rally" does not really sound that interesting. There is also a possibility of downward movement at this point, which is more likely then for XMR, which has bottomed out and has more upward potential. I see the XMR recovery with some news and GUI as more interesting for profit. |
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mnemonicsoup
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October 19, 2016, 10:15:49 AM |
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What is the reason for this bitcoin rally other than it's November?
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CTTE
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October 19, 2016, 12:50:27 PM |
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Btc might be moving up and the recent dump was shake out. I want to agree with rpietila that 888 was the bottom but a huge btc rally might coming very soon. XMR may maintain its fiat value but could decrease dractically if the predictions over 670 or even 700 for btc happens. Im personally staying away for now.
Honestly this "huge" BTC "rally" does not really sound that interesting. There is also a possibility of downward movement at this point, which is more likely then for XMR, which has bottomed out and has more upward potential. I see the XMR recovery with some news and GUI as more interesting for profit. Also, "huge" is a relative term... What you're talking about is only 5-10%, it's not really that big of a move so let's keep it in perspective. If btc moves to say $1,500 or $2,000 I would call that a Huge rally! |
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MrGood
Full Member
Offline
Activity: 125
Merit: 100
Chief Technology Officer, NYC
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October 19, 2016, 01:00:37 PM |
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Btc might be moving up and the recent dump was shake out. I want to agree with rpietila that 888 was the bottom but a huge btc rally might coming very soon. XMR may maintain its fiat value but could decrease dractically if the predictions over 670 or even 700 for btc happens. Im personally staying away for now.
Honestly this "huge" BTC "rally" does not really sound that interesting. There is also a possibility of downward movement at this point, which is more likely then for XMR, which has bottomed out and has more upward potential. I see the XMR recovery with some news and GUI as more interesting for profit. Also, "huge" is a relative term... What you're talking about is only 5-10%, it's not really that big of a move so let's keep it in perspective. If btc moves to say $1,500 or $2,000 I would call that a Huge rally! If BTC had a "huge" rally to $1500 or $2000 then all the top alts would rally in near alignment, except the magnitudes would be greater. So where BTC would rise by 2.5, Monero would easily rise by 5, or even 10. Perhaps for the first BTC peak there would be a moment of ALTs bleeding in to BTC, but as greater disparity as to where the end of the BTC bullrun is, BTC profits are looped back into ALTs, and any subsequent rise continues in tandem. Therefore it makes more sense to ride the XMR rally than the BTC rally. We saw exactly the same thing happen with Litecoin in 2013. |
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moneyLooser
Newbie
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Activity: 46
Merit: 0
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October 19, 2016, 01:53:08 PM |
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I'm interested if the stop of downtrend is connected to the started downtrend of DASH. I read in Polo and here that DASH loses every day Masternodes...it was 1000 or 10000 DASH to supply a node? So every day this community loses every day money...i'm interested if this goes straight to XMR or is prepared to go into zcash?
@N-rG there was one thing wrong you wrote about zcash. You said zcash is not Open Source. It is open source! Check it again
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KeyJockey
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October 19, 2016, 02:14:04 PM |
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Therefore it makes more sense to ride the XMR rally than the BTC rally. We saw exactly the same thing happen with Litecoin in 2013.
Hmm... interesting. Has this relationship BTC/ALTs always held true in all past BTC rallies? I have my BTC/Alt portfolio fairly well balanced (I think) but I've always assumed that *when* the BTC moon shot finally comes (like if the damn blocksize stalemate could ever be definitively resolved) that I'll have to quickly divest out of all the various alts that I have in cold storage in order to jump back on to the bitcoin rocket fully all-in: that could take precious time and/or possibly not even be feasible IF things get hairy too quickly. So -- IF I'm understanding your point correctly -- you're saying actually the opposite may be true, i.e. I'd instead best need to plow only the BITCOIN quickly over into my ALTS? (assuming same percentages, to keep ratios in place -OR- maybe just quickly pour it all into XMR or something like that...?) |
- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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cryptoPrecise
Member
Offline
Activity: 69
Merit: 100
Cryptocurrencies since 2013 @cryptoPrecise
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October 19, 2016, 02:43:11 PM |
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For the price to go lower, it requires that someone is willing to sell. Selling is not rational any more, buying is.
Couldn't agree more. |
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cryptimus prime
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October 19, 2016, 02:55:02 PM |
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I see the risk/reward ratio to be better in XMR then in BTC, a rally of 10-15% is not that impressive. I made 15% in just a day today with XMR. So BTC is not that impressive.
Interesting news, the European Central Bank wants to control or curb the development of virtual currencies.
Perhaps they can control Bitcoin better but not XMR.
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MrGood
Full Member
Offline
Activity: 125
Merit: 100
Chief Technology Officer, NYC
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October 19, 2016, 03:00:20 PM |
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Therefore it makes more sense to ride the XMR rally than the BTC rally. We saw exactly the same thing happen with Litecoin in 2013.
Hmm... interesting. Has this relationship BTC/ALTs always held true in all past BTC rallies? I have my BTC/Alt portfolio fairly well balanced (I think) but I've always assumed that *when* the BTC moon shot finally comes (like if the damn blocksize stalemate could ever be definitively resolved) that I'll have to quickly divest out of all the various alts that I have in cold storage in order to jump back on to the bitcoin rocket fully all-in: that could take precious time and/or possibly not even be feasible IF things get hairy too quickly. So -- IF I'm understanding your point correctly -- you're saying actually the opposite may be true, i.e. I'd instead best need to plow only the BITCOIN quickly over into my ALTS? (assuming same percentages, to keep ratios in place -OR- maybe just quickly pour it all into XMR or something like that...?) Mostly yes, but it really depends on the nature of the alt. By "top alt" I'm really referring to alts that have perceived confidence/longevity (or at least are in the top 5). These are the coins you can expect greater orders of magnitude relative to the BTC rally. Upward from CoinGecko, a good yardstick is StackExchange which gives us the Big Three: Bitcoin, Monero and Ethereum. Remember, it's 2016. It's not just about bitcoin anymore, and the markets will reflect that. All that remains is what is over-priced and what is under-priced, and Monero is still very much massively under-priced. |
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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October 19, 2016, 03:02:47 PM |
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I was just surfing the zeronet and found this Interesting Thats the kind of grass-roots support that make Monero awesome, there is no need for marketing, the product (coin) is good enough it promotes itself. The problem is the number of people aware of Monero is still very low and thus the coin is still in infancy state. I am not saying Monero should be marketed to the general public but the community is still very small and in order to grow bigger in terms of market cap the coins need to be purchased and new money poured in Monero. |
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N-rG
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October 19, 2016, 03:09:51 PM |
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I was just surfing the zeronet and found this Interesting Thats the kind of grass-roots support that make Monero awesome, there is no need for marketing, the product (coin) is good enough it promotes itself. You are wrong. Marketing is very important. What do you think why even established companies spend millions/billions to promote their products? Whatever I cannot take you serious since you said some days ago you are going to leave this board but are still here |
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