[XMR] Monero Speculation

[Hueristic]

Shit, I just noticed my sell went off so I went to put a buy in @ .0105 and just when I was placing it the damn thing started spiking on me! Lol I haven't looked at Polo since thursday, what weird timing.

Nice, got dumped on @ 0.01064601 , works for me!

[nioc]

^^ lucky you

After the sell side being consistently over 400k coins for sale it has fallen steadily for a few days and is now <300k.  Yeah it is manipulated and most are a bit away from market price but still I find it gives some indication where the price is headed and it seems to be correlated once more.

I bought under 0.01 when I saw the sell side started to lessen.  I told myself that I would sell at a 10-15% profit.  I gave myself the added excuse that I would definitely do it this time because the btc I used was supposed to be hodled.  btc will go up!   Well I still have my recent Monero.  I fooled myself again.   The only way I seem to be able to get rid of Monero is to go on a boat but that doesn't really accomplish anything.

I once again brought up the subject of crypto with my gf and plans for future vacations recently.  I gave her a big opening and she once again did not ask about the price.  I love it

[Hueristic]

^^ lucky you

After the sell side being consistently over 400k coins for sale it has fallen steadily for a few days and is now <300k.  Yeah it is manipulated and most are a bit away from market price but still I find it gives some indication where the price is headed and it seems to be correlated once more.

I bought under 0.01 when I saw the sell side started to lessen.  I told myself that I would sell at a 10-15% profit.  I gave myself the added excuse that I would definitely do it this time because the btc I used was supposed to be hodled.  btc will go up!   Well I still have my recent Monero.  I fooled myself again.   The only way I seem to be able to get rid of Monero is to go on a boat but that doesn't really accomplish anything.

I once again brought up the subject of crypto with my gf and plans for future vacations recently.  I gave her a big opening and she once again did not ask about the price.  I love it

Nice I've been gone since thursday. concert then casino then helped someone get their transmission swapped in their E38 (real PITA!!!), I was so surprised my sell had been filled as I put it at like .0113 and I noticed signs of reversal so I wanted them now and then the spike hit while I was trying to get them that I forgot I had some more BTC dust to add. Hah

[Shiroslullaby]

I'm 99.99% sure at this point that the price is being heavily manipulated
so whales can accumulate coins before it goes back to the 0.015+ price.

I'm still gonna mine away and hopefully one day my couple Monero are enough to at lest pay a car payment or something lol.

[TrueCryptonaire]

I'm 99.99% sure at this point that the price is being heavily manipulated
so whales can accumulate coins before it goes back to the 0.015+ price.

I'm still gonna mine away and hopefully one day my couple Monero are enough to at lest pay a car payment or something lol.

Was it Aminorex or who that told us the value of Monero will be 3-5 oz of pure gold. I am not sure how large is your car payment though.
I highly recommend to help your mining to buy some coins with cash as well. At least so that you have 100 XMR so you will be able to pay the car payments sooner. 

[PantminerS7]

my portfolio of altcoins [...] BTC and XMR [...] but also ETH/ETC, MAIDSAFE, some DASH [...] FACTOM, SIACOIN and some POTCOIN
[...]
Wonder if anyone here has any others that they think merit inclusion in a well-rounded portfolio?

Stocks, bonds, gold, fiat, real estate for example?

IMHO you are just fooling yourself diversifying / hedging etc into a high number of alt coins to not 'miss the moon shot'. In the end it is all very much the same. Monero being one of the very few that actually maybe can be considered as a hedge against Bitcoin, mainly because being more fungible.

Hedging is realizing (while still lying to yourself) that you probably won't make the right bet. With this doublethink in mind, the next logical step is to make many bets you're sure to be wrong!

[iCEBREAKER]

It doesnt matter for me if monero is a company or not. I talk about naked marketing for the increase of value (isn't this why most are here  ).
If we want to have a wide acceptance of monero people have to know that monero is existant and about it's benefits. It is totally preposterous and dubios to claim that monero needs no marketing. Beside the fact that marketing was and is already a part of Monero. But it is expendable. I really dont understand why some people here are ignoring totally basic factors and than wonder why we haven't had a price explosion.

Marketing is a key function for success. Most people here are holding monero because they hope its somewhen more valueable as today. To believe monero itself will do this job is simply wrong.

Ah so, now you've bought in you're an expert on these things? Why don't we cut the crap and get to the bottom of your problem:-

You want the Monero price to rise because you've bought back in, and guess what, let's throw some mutha fucking marketing into the equation to help N-rG with his profits, so that hopefully one day, he can cash out and dump all over the community/noobs with lashings of evangelical FUD.

I guess you must be new here. Let me tell you what I see:-

I see a coin that has gone from nothing, and fiercely defended itself against other projects that have the luxury of unlimited treasuries as a consequence of scammy premines and instamines complete with all the fucking PR in the world, and won every single battle regardless.

I see a coin that has been routinely censored by a scammy corporate conspiracy of colluding interests who have tried at every turn to push the scams into the limelight at the expense of the Monero project and it's community.

I see a coin that has gone from nothing only to become the third biggest cryptocurrency in the scene. A coin that is now 5th or 6th on the marketcap, and one of three similar projects to be on StackExchange.

I see a coin that had no treasury, and no funny business; only an egalitarian genesis, and a commitment to make it work whatever the odds.

I see a coin that is routinely providing much trade volume for speculation, and has the volatility for serious profit.

I see a coin that is politically disruptive without comparison; the single best trustless untraceable blockchain in existence.

And all of this has been achieved without a pot to piss in nor a window to throw it out of.

Why do we need marketing when we are winning? Everything that we have done thus far has been WIN. Why change that? Just for your profits no doubt?

Let me know when we start to lose, and then maybe we can start to think about finding an Amanda B Johnson clone to push in front of a camera.

An outstanding exposition; very well said Sir.

It is indeed absurd to entertain the notion that Monero lacks a "price explosion" and/or is losing, as I play with 6 digits of house money on Poloniex.

But in the event Monero does need (shudder) marketing, I hereby nominate @BraveTheWorld to be our (most ideal potential) Scamanda B. Johnson analogue.

Your Hydra hasn't expressed any support or even awareness of Monero, yet she fully groks the crypto-revolutionary ethos+logos+pathos and if we Mustangs cannot get her on board we must pause and reconsider where our most noble cause went awry.

If Monero does earn her support and we are able to facilitate consequent joint marketing efforts, I anticipate we shall quickly gain a following among the Sovereign Individual Rees-Mogg crowd whose patronage I anticipated being an ideal fit for the lovely community here at Monero Mountain.

[PID1]

Good to sell above 0.0103

Margin short above 0.0103

Liquidate at 0.0186

Take profit 0.008888-0.009500

Gain goal: +7.5% (after costs)

[DaveyJones]

For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

[cryptimus prime]

For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

Making videos is just one part of the job, pitching them through Facebook/Reddit/Blogs/Ads is another, otherwise nobody will see them.
Does Monero have a some kind of Facebook site? It is very easy to post a video there and pay some bucks for showing the videos to a special public. Facebook Ads are cheap and enable one to target very specific people interested in Crypto/Bitcoin/Investments. Videos or Infographics are very good suited for Facebook. Content needs to be made in such a way that the specific targeted public is adressed. This can be funded too.

There is no XMR adress where we can send the XMR to support the video producers.

[TrueCryptonaire]

Good to sell above 0.0103

Margin short above 0.0103

Liquidate at 0.0186

Take profit 0.008888-0.009500

Gain goal: +7.5% (after costs)

Risk-reward ratio ain't appealing enough. It is possible that the covering cannot be made at the range you are writing. Therefore only 7-8 % gains are too small especially considering the fact that the upside potential is infinity.

[DaveyJones]

For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

Making videos is just one part of the job, pitching them through Facebook/Reddit/Blogs/Ads is another, otherwise nobody will see them.
Does Monero have a some kind of Facebook site? It is very easy to post a video there and pay some bucks for showing the videos to a special public. Facebook Ads are cheap and enable one to target very specific people interested in Crypto/Bitcoin/Investments. Videos or Infographics are very good suited for Facebook. Content needs to be made in such a way that the specific targeted public is adressed. This can be funded too.

There is no XMR adress where we can send the XMR to support the video producers.

Because it is in the idea section at the moment, people need to show that they would support such a thing. When it is open for funding i guess debruyne or myself may shot a link

[TrueCryptonaire]

For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

Making videos is just one part of the job, pitching them through Facebook/Reddit/Blogs/Ads is another, otherwise nobody will see them.
Does Monero have a some kind of Facebook site? It is very easy to post a video there and pay some bucks for showing the videos to a special public. Facebook Ads are cheap and enable one to target very specific people interested in Crypto/Bitcoin/Investments. Videos or Infographics are very good suited for Facebook. Content needs to be made in such a way that the specific targeted public is adressed. This can be funded too.

There is no XMR adress where we can send the XMR to support the video producers.

Because it is in the idea section at the moment, people need to show that they would support such a thing. When it is open for funding i guess debruyne or myself may shot a link

The content of the vids should be something a non-pony can understand.
Is there any idea where those vids are supposed to be distributed (how large subscriberbase etc)?

[ozkraut]

For everyone yelling "MARKETING" here is your chance to show your support for a little PR. https://forum.getmonero.org/6/ideas/86984/monero-video-series whats better than linking to a youtube video that explains the stuff you just said :p

Making videos is just one part of the job, pitching them through Facebook/Reddit/Blogs/Ads is another, otherwise nobody will see them.
Does Monero have a some kind of Facebook site? It is very easy to post a video there and pay some bucks for showing the videos to a special public. Facebook Ads are cheap and enable one to target very specific people interested in Crypto/Bitcoin/Investments. Videos or Infographics are very good suited for Facebook. Content needs to be made in such a way that the specific targeted public is adressed. This can be funded too.

There is no XMR adress where we can send the XMR to support the video producers.

Because it is in the idea section at the moment, people need to show that they would support such a thing. When it is open for funding i guess debruyne or myself may shot a link

apropos marketing

How about a fund which:

1. Funds design and production of nnn monero stickers where each sticker carries a code which can be redeemed for ?1? xmr into a newly established node. First come first serve. Code redemption takes you to an instructional site / video / how to get more etc etc

2. Distribute via some trusted supporters around to some of the edgier parts of major cities. Stick into clubs, venues, bars , hand out at rallies and so on.

3. See what happens. Doesnt have to be huge to start with. Just enough so the impact can be measured in terms of nodes / interest / redemptions and so forth.

[freedomgo]

Good to sell above 0.0103

Margin short above 0.0103

Liquidate at 0.0186

Take profit 0.008888-0.009500

Gain goal: +7.5% (after costs)

Risk-reward ratio ain't appealing enough. It is possible that the covering cannot be made at the range you are writing. Therefore only 7-8 % gains are too small especially considering the fact that the upside potential is infinity.

Agree, you can make more profit when the price will start to go crazy like what happen in the previous month, but when price fall back you will not lose much, I just like to buy now and hope I can have an early Christmas presence.

[synthgauge]

Good to sell above 0.0103

Margin short above 0.0103

Liquidate at 0.0186

Take profit 0.008888-0.009500

Gain goal: +7.5% (after costs)

U guys have no mental capacity whatsoever...

[Hueristic]

Marketing discussion should be in the main thread me thinks and I think we need to build the eco-system before marketing. If anyone wants to reply to this then quote it in the main thread.

[BitcoinNewsMagazine]

There was an post at /r/Monero where a new DNM using only Monero (MoneroMarket) is closing:

-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256

It seem there is no place for an exclusive XMR market right now. Not a single transaction since we launched. The risk and the cost running this type of market is not worth it at all.

We will continue to work on our market and we will release a new version on January 2017 after RingCT hoping there will be more users than bag holders at this time.

We do believe XMR will be a major coin over the next years but the community need to use the coin for real use and not just hold it hoping to get rich quick. The real value of a coin stand in the daily volume of transactions (real transaction to buy something).

Before people starts speculation that this is an exit scam.... let's be clear here... Since we launched we have not received a single deposit (vendor bond, purchase, etc...) which is the reason we took the decision to put it offline and continue to work on it and release a more complete version after the hard fork.

MM

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[CTTE]

There was an post at /r/Monero where a new DNM using only Monero (MoneroMarket) is closing:

-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256

It seem there is no place for an exclusive XMR market right now. Not a single transaction since we launched. The risk and the cost running this type of market is not worth it at all.

We will continue to work on our market and we will release a new version on January 2017 after RingCT hoping there will be more users than bag holders at this time.

We do believe XMR will be a major coin over the next years but the community need to use the coin for real use and not just hold it hoping to get rich quick. The real value of a coin stand in the daily volume of transactions (real transaction to buy something).

Before people starts speculation that this is an exit scam.... let's be clear here... Since we launched we have not received a single deposit (vendor bond, purchase, etc...) which is the reason we took the decision to put it offline and continue to work on it and release a more complete version after the hard fork.

MM
edit...

I actually went there twice to look for items and there were only a couple the first time and the second time there were a few more but nothing interesting at all.  Too bad, not sure how much effort was put into pulling in vendors.

[synthgauge]

Marketing discussion should be in the main thread me thinks and I think we need to build the eco-system before marketing. If anyone wants to reply to this then quote it in the main thread.

Marketing discussion and market discussion mean different things. While marketing means advertising or promotion of certain aspects of the brand, market discussion covers exchange and trading related topics such as technical analysis and price predictions. Nobody permits u to create a separate thread whatever u want to post there.

Monero has a very limited utility and hence a loose network effect since there is only a few vendors that accept XMR or transact funds via its anonymous blockchain. In hindsight I personally am very doubtful that any crypto besides btc excels in these subjects in the near future so it would take a lot of time for any ecosystem to develop organically. Its supposed to work the other way around not just like someone decided to ramp it up coz one or two DNMs started to accept pay in monero.