[XMR] Monero Speculation

[moneyLooser]

The price drops because bitcoin rises.
Some people tend to FOMO in the beginning of the rise of bitcoin. Later when it is time to diversify and alts are beaten in terms of bitcoin, the large bitcoiners tend to diversify their assets to other currencies, that's the point where Monero will rise (LTC rose from cents to 40 usd in 2013).

BTC 24h bottom to top +4-5%
XMR 24h bottom to top 110- 95 -15%

https://s18.postimg.org/x7m22mzjd/XMR.jpg

[adolf512]

Well that was not very surprising lol, btw: i feel really good now


xmr traders are really stupid, they fall for the same traps over and over again, if you bought xmr above 0.011 recently you deserved to lose money

I guess what we will see now is panic buys followed by dumps over and over again, this can continue pretty low, maybe down to 0.008 this time. With time more and more holders will be desperate to get out and hence any major increases in price is unlikely now(I have a stop at 0.0104 in the case i am wrong).

There is 2 types of xmr investors, fanboys and realists, fanboys are the ones losing money currently while realists has made a lot of money by shorting or simply taking profits by selling when the price is above 0.011

[cryptimus prime]

There is 2 types of xmr investors, fanboys and realists, fanboys are the ones losing money currently while realists has made a lot of money.......

Interesting, I guess every "XMR fanboy" here has made way more money then you with XMR. With less stress, less typing on forums, making new accounts and invested time.
Just to mention it, that you do not really impress anybody here money wise. But do not let me demotivate you, go on, you need some more better trades and some years to have the same profit. 

[cryptimus prime]

The price drops because bitcoin rises.
Some people tend to FOMO in the beginning of the rise of bitcoin. Later when it is time to diversify and alts are beaten in terms of bitcoin, the large bitcoiners tend to diversify their assets to other currencies, that's the point where Monero will rise (LTC rose from cents to 40 usd in 2013).

Has always been like that, but its new for some newbies here.

[N-rG]

Well that was not very surprising lol, btw: i feel really good now


xmr traders are really stupid, they fall for the same traps over and over again, if you bought xmr above 0.011 recently you deserved to lose money

I guess what we will see now is panic buys followed by dumps over and over again, this can continue pretty low, maybe down to 0.008 this time. With time more and more holders will be desperate to get out and hence any major increases in price is unlikely now(I have a stop at 0.0104 in the case i am wrong).

There is 2 types of xmr investors, fanboys and realists, fanboys are the ones losing money currently while realists has made a lot of money by shorting or simply taking profits by selling when the price is above 0.011

You see. Even if you are successful in the little way for others, people gonna hate you.

Pity is free. Envy has to be earned. so good job!

[cryptimus prime]

Well that was not very surprising lol, btw: i feel really good now


xmr traders are really stupid, they fall for the same traps over and over again, if you bought xmr above 0.011 recently you deserved to lose money

I guess what we will see now is panic buys followed by dumps over and over again, this can continue pretty low, maybe down to 0.008 this time. With time more and more holders will be desperate to get out and hence any major increases in price is unlikely now(I have a stop at 0.0104 in the case i am wrong).

There is 2 types of xmr investors, fanboys and realists, fanboys are the ones losing money currently while realists has made a lot of money by shorting or simply taking profits by selling when the price is above 0.011

You see. Even if you are successful in the little way for others, people gonna hate you.

Pity is free. Envy has to be earned. so good job!

 

[mfqrs3]

BTC up 3% alts down 10% ? Really ? Who normal would do that ?

[TheKoziTwo]

Well that was not very surprising lol, btw: i feel really good now


xmr traders are really stupid, they fall for the same traps over and over again, if you bought xmr above 0.011 recently you deserved to lose money

I guess what we will see now is panic buys followed by dumps over and over again, this can continue pretty low, maybe down to 0.008 this time. With time more and more holders will be desperate to get out and hence any major increases in price is unlikely now(I have a stop at 0.0104 in the case i am wrong).

There is 2 types of xmr investors, fanboys and realists, fanboys are the ones losing money currently while realists has made a lot of money by shorting or simply taking profits by selling when the price is above 0.011

[CTTE]

Wow! you risked everything on margin to make half of a bitcoin and then you BRAG about it? You better re-evaluate your risk/reward ratio!

[Hueristic]

There is 2 types of xmr investors, fanboys and realists, fanboys are the ones losing money currently while realists has made a lot of money.......

Interesting, I guess every "XMR fanboy" here has made way more money then you with XMR. With less stress, less typing on forums, making new accounts and invested time.
Just to mention it, that you do not really impress anybody here money wise. But do not let me demotivate you, go on, you need some more better trades and some years to have the same profit.  

QFT

OK, I'm long Baby!

Lets do this, will check back in when I'm back from Casino.


Wish me luck Guys.

[adolf512]

Interesting, I guess every "XMR fanboy" here has made way more money then you with XMR. With less stress, less typing on forums, making new accounts and invested time.
Just to mention it, that you do not really impress anybody here money wise. But do not let me demotivate you, go on, you need some more better trades and some years to have the same profit.  

Well people that bought at 0.026 has now lost more than 62% of their bitcoins, i am doing better than that lol. BTW: yes i = N-rG = moneylooser = xmrfanboy = xmrmafia01 etc, of course.

[ArticMine]

Here is one of my posts from December 2014. The topic selling at 0.0011 XMR/XBT with the objective of buying back at 0.0008 XMR/XBT. Just keep in mind today, as in December 2014, the buyer may have a completely different time frame and agenda from the seller.

Anyone foolish and/or desperate enough to sell at 0011 is foolish and/or desperate enough to sell at 0010.  We have an existence proof now.  "Lunatic fringe, I know you're out there."
I am hoping for 00085 to touch. Reducing my buy rate.  Stocking up on bitcoin below 340usd and waiting for more ask liquidity in XMR.  
These plateaus usually break down by the time they are a week old.  If BTC goes lower, XMR is likely to go lower as well, making the effective leverage on the future all the greater.
Patience and discipline.

Yep, ready to buy at 80k sat

While it may be possible that XMR may reach 80k sat or lower, making selling for 111k sat and buying for 80k a profitable trade there is an old saying in the markets that is very appropriate here.

Bulls make money, bears make money, pigs get slaughtered

http://wiki.fool.com/Bulls_make_money,_bears_make_money,_pigs_get_slaughtered. One should also keep in mind that there are typically two sub species of pigs in the markets. Bull pigs (buy high, hope to sell higher) and bear pigs (sell low, hope to buy lower) and both get slaughtered.

This time of the year another sub spices of pig emerges known as the tax pig. The tax pig sells low (or buys high) with the primary objective of lowering the tax payable to some state. The tax pig then waits a prescribed amount of time (this depends on the tax legislation of the target state) and then hopes to buy back lower at the same price or even slightly above (sell higher, at the same price or even slightly below). The tax pig in this process first pushes the bear pig (or the bull pig) to the slaughter and then also gets slaughtered.

So yes one can buy today and see a loss in the short term. The more interesting question is what happens if one holds for say 30 months?

[N-rG]

So yes one can buy today and see a loss in the short term. The more interesting question is what happens if one holds for say 30 months?

There are far more coins that failed in long run. Coins that are now 2000% below their ATH. No one knows what is in 30 month or 20 years.

If for example somewhen in 6 month the exit of AB and DreamMarket clashes together, where is a high chance that a decentralized market will be supported by high credited vendors. There are already some vendors who are no longer willing to use centralized markets. There is DutchMasters for example who only used jabber for a long time since he lost a lot of money to the evolution exit scam. He said it was something around 400.000 EUR

Market like The Majestic Garden have the problem that there is no repuation system integrated. Everything is done by trust only. Thats why there are sold psychedelics only. This type of drug users / vendors have another spirit in trading drugs compared to the ordinary Speed vendor.

Maybe AB is supported by the Russian GOV and will never disappear aslong it weakens Russians enemies.

Maybe still hardly no one cares for XMR in 30 month. Maybe everyone wants it.

I prefer to keep on facts. In fact more coins failed in the long run. In fact 95% of the markets did an exit scam. So far every market introduced a new currency did it for scam reasons. In fact the XMR acceptance is not so good atm. In fact XMR is a very good coin with a good core dev team. Another fact is: Other coins and their dev. are also sometimes good.

I dont see any key facts why XMR should get a new ATH this year. And if AB will leave the show this year for example, XMR will stay for a long time below 100. Maybe it will never recover. Maybe it will. Who knows. Atm i know selling was very good, shorting is still good. No shorter has probably to be afraid that XMR will make a big bounce this year.

[mnemonicsoup]

BTC up 3% alts down 10% ? Really ? Who normal would do that ?

It makes sense, it's not only the ratio but when BTC rises, panic sellers jump on board.

I think some of the newbies here, especially the nrg,money loser gang are looking for a get rich quick scheme while most others here
are interested in the long term prospects.

The flip flopping of NRG is so ridiculous because he not only flip flops on his short term predictions but also on his long term ones,
when he shorts he desperately propagates the death of xmr with his laughable dnm analysis and other nonsense. The height of it was his
photoshopped dnm forum comments.

[N-rG]

BTC up 3% alts down 10% ? Really ? Who normal would do that ?

his laughable dnm analysis and other nonsense.

https://media.coindesk.com/uploads/2016/10/Screen-Shot-2016-10-11-at-11.46.40-AM.png

http://pwoah7foa6au2pul.onion/forum/index.php?threads/monero-being-removed-from-ab.105698/#post-926275



But maybe it is just to complex for some people. Some vendors explain it easy:



So successful that DreamMarket (The Nr.1 Market) doesnt want it



Moreover XMR lost more than 50% of its value.

So, what are your dnm analysis  ?  Share it with us or at least with your "friends" here ahd deliver solid facts. But as we all know, you just cant The only thing you can do is to sprad FUD about other user who are not sharing your fanboy enthusiasm

[TrueCryptonaire]

The fact is, in order the price to drop there has to be sellers.
The bagholder community has sold their excessive coins already on the way up to 0.0265.

As Risto said earlier, the risk-reward-ratio is getting appealing around current price (or slightly below). And I have to agree.

To me it simply appears there are short positions opened. The fact is, the shorters are future buyers - not sellers.

The current price is basically telling me there are no dark markets accepting Monero, therefore probably no bigger dump will take place anymore. The price of Monero would have gone 0.01 anyway this year thanks to lowering inflation.
Monero has achieved an approval of bagholders'-coin-of-choice^TM.
The price of Monero will grow as the bagholder community grows and when the tail emission is current the bagholder community might drive the price to crazy highs because it is in their best interest to have higher purchasing power and the relative cost to drive the price up as opposed the money burned is low.

[Luxo]

Hey guys,

Been lurking this thread for a few months and have to say that this thread has really went downhill since N-rG came lol.

Used to enjoy reading it but now it has only been N-rG writing and trying to spread FUD when he's shorting with his obvious other accounts that he made. Not to mention his photoshopping skills. Such a bummer.

Anyways, I just wanted to rant and say thanks to N-rG to have ruined my time passed reading this thread.

Cheers to the others!

[N-rG]

TC copy blabla - **the price of XMR really went downhill and i am totally frustrated that someone else now has all my money

^{ty TheKoziTwo}

[mnemonicsoup]

With ridiculous dnm analysis I mean: Who cares if it's going 1% up or down. What did you expect? That overnight everyone will be using it. It will take time. And I don't even care about dnm. There is a bigger picture which you fail to see.

I (and most here) really don't care about day trading which seems to be your thing. All you are doing is making FUD to support your day trades. That is why your are non stop flip flopping: One day "I see a bright future", next day "it's dead", and that's why people are tired of you.

If only this thread was moderated.

[CTTE]

With ridiculous dnm analysis I mean: Who cares if it's going 1% up or down. What did you expect? That overnight everyone will be using it. It will take time. And I don't even care about dnm. There is a bigger picture which you fail to see.

I (and most here) really don't care about day trading which seems to be your thing. All you are doing is making FUD to support your day trades. That is why your are non stop flip flopping: One day "I see a bright future", next day "it's dead", and that's why people are tired of you.

If only this thread was moderated.

He flip flops more than a $5 hooker!