[XMR] Monero Speculation

[Mr.Joker]

My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.

In this case, nothing is preventing testing 0.004. That one will hold

+zcash will suck volume out of alts

[ArticMine]

My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.

In this case, nothing is preventing testing 0.004. That one will hold

I would not forget the blocksize issue here. When it takes a day or more for a transaction to clear the Bitcoin network, this becomes an issue with a real end user impact.  https://bitcointalk.org/index.php?topic=1661792.0;all. Every time the price of Bitcoin starts to move this issue rises with its ugly head and puts a damper on the excitement.

[cryptimus prime]

+zcash will suck volume out of alts

Because big money will be moved into a not liquid coin with a price around 0.5 BTC? Of course.  

[rpietila]

My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.

I would not forget the blocksize issue here.

[medusa13]

the current bitoin issue could spark short term interest, especially in darknetmarkets, who want transactions to clear fast and without hassle, therefore it could have relevance even short term. given that price is fairly stable right now, the combination of those 2 things might be helpful for adoption

[Globb0]

My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.

In this case, nothing is preventing testing 0.004. That one will hold

Is it a dip to 0.01 or is it that bitcoin value rose a bit

[phoenix rises]

Although the short term price impact may be negative, the side effects of both these sideshows is free publicity for XMR. BTC rally is highlighting the block size issue again, and the ZCash launch is focussing the spotlight on privacy issues. BTC may rally hard from here, or not (not sure how far it is possible for it to go the mess that we just saw with tx delays keeps repeating ), but when the dust settles, hype dies down and smart people have raked over the ashes, XMR will almost certainly gain some new advocates.

As ArticMine said a few posts back :

Identify a real need in the marketplace, and start a business to meet that need. Chances are that you will succeed even if the odds appear really stacked against you

XMR is already here, ready and waiting for people to wake up to it's benefits. Tons of media attention about privacy in crypto is great, and is sparking debate amongst a larger group of people. BTC's weaknesses are being exposed. The fact that we essentially now have a corporate 'Privacy Coin', whatever we may think of it, that is about to be listed on multiple exchanges, lends legitimacy to the concept and will make it harder for govs to take any actions against any single private coin. And XMR will without doubt get free publcity from it all, perhaps even in mainstream media if ZCash keeps the hype machine running (which it will), as it is a natural part of the conversation. This is all good news for the long game.

As for ZCash sucking money from XMR, not sure how that is even possible in the next few months as the coin supply will be so limited. It has to have some meaningful market cap and a decent number of coins in circulation before that can happen. Sure traders will trade it regardless, but the price will be pretty meaningless IMO and likely way above any sort of 'sensible' investment level.

Cool story about The Verger by the way! Thanks for that  

[TrueCryptonaire]

My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.

In this case, nothing is preventing testing 0.004. That one will hold

That pretty much depends on the whales if they want to crucify Monero until it is dead (and help it later to resurrect as well).
In the same manner as the fiat currencies are controlled by the centrla bank, Monero is controlled by the whales. If a whale (not to mention Cthulhu) wants the price to go down, the small fish basically cannot prevent it from not doing so.
I think that is also a weakness of the current state of Monero (and crypto in general). It is controlled by very small club who can and will manipulate the price to their favor.

In case a whale wants to dump, I have some bids on the way to the grave.

[phoenix rises]

My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.

In this case, nothing is preventing testing 0.004. That one will hold

That pretty much depends on the whales if they want to crucify Monero until it is dead (and help it later to resurrect as well).
In the same manner as the fiat currencies are controlled by the centrla bank, Monero is controlled by the whales. If a whale (not to mention Cthulhu) wants the price to go down, the small fish basically cannot prevent it from not doing so.
I think that is also a weakness of the current state of Monero (and crypto in general). It is controlled by very small club who can and will manipulate the price to their favor.

In case a whale wants to dump, I have some bids on the way to the grave.

It's a good thing Risto is a Christian - resurrection is part of his religion 
Buy XMR 3 days after you are certain it is dead ... I am circling 17 April 2017 as a likely candidate  

[TheGodFather]

Is monero will be the next good altcoin in the market? and it could be at the second place? If the monero will be good in the next few months and if the price will be higer then there are chance the monero could take place into the second spot and it's really good to hold some monero.

[Nivir]

Is monero will be the next good altcoin in the market? and it could be at the second place? If the monero will be good in the next few months and if the price will be higer then there are chance the monero could take place into the second spot and it's really good to hold some monero.

I purchased Monero when it was at higher price and I believe this current price setback is just temporary. I went on to invest it to online casinos like Crypto-Games and Safedice for decent returns while waiting for good news.

[starmman]

Is monero will be the next good altcoin in the market? and it could be at the second place? If the monero will be good in the next few months and if the price will be higer then there are chance the monero could take place into the second spot and it's really good to hold some monero.

I purchased Monero when it was at higher price and I believe this current price setback is just temporary. I went on to invest it to online casinos like Crypto-Games and Safedice for decent returns while waiting for good news.

I'm holding for now too. I would like to accumulate a bit more at this price but have other targets which I have assessed as a higher priority, I hope I don't regret my prioritisation.

[luzamarino]

Is monero will be the next good altcoin in the market? and it could be at the second place? If the monero will be good in the next few months and if the price will be higer then there are chance the monero could take place into the second spot and it's really good to hold some monero.

I purchased Monero when it was at higher price and I believe this current price setback is just temporary. I went on to invest it to online casinos like Crypto-Games and Safedice for decent returns while waiting for good news.

I'm holding for now too. I would like to accumulate a bit more at this price but have other targets which I have assessed as a higher priority, I hope I don't regret my prioritisation.

Same here and I have to admit to selling some to divest in other coins. 

[Hueristic]

Still accumulation going on, Is that you Risto? Need to get some back? .004 my Ass.

All doom and gloom here I'm going long.

[Shiroslullaby]

With the release of Zcash and the huge investment it will get from people who don't realize its a huge scheme cooked up by the Mossad or NSA or something,
I expect Monero to lose both volume and value for a bit.

Hopefully people wake up and realize that Zcash is seriously flawed and very likely nefarious,
and move back to Monero,
but people are fucking retarded.

[wpalczynski]

With the release of Zcash and the huge investment it will get from people who don't realize its a huge scheme cooked up by the Mossad or NSA or something,
I expect Monero to lose both volume and value for a bit.

Hopefully people wake up and realize that Zcash is seriously flawed and very likely nefarious,
and move back to Monero,
but people are fucking retarded.

Retarded is right, zcash futures reached something like 1.7 or 1.8 BTC per....

[phoenix rises]

With the release of Zcash and the huge investment it will get from people who don't realize its a huge scheme cooked up by the Mossad or NSA or something,
I expect Monero to lose both volume and value for a bit.

Hopefully people wake up and realize that Zcash is seriously flawed and very likely nefarious,
and move back to Monero,
but people are fucking retarded.

Retarded is right, zcash futures reached something like 1.7 or 1.8 BTC per....

first trade on Polo was  .0001 ZEC @ 2500 BTC  
ROFLMAO!! Paying .25BTC just to totally fuck with the chart !!

[Febo]

With the release of Zcash and the huge investment it will get from people who don't realize its a huge scheme cooked up by the Mossad or NSA or something,
I expect Monero to lose both volume and value for a bit.

Hopefully people wake up and realize that Zcash is seriously flawed and very likely nefarious,
and move back to Monero,
but people are fucking retarded.

Retarded is right, zcash futures reached something like 1.7 or 1.8 BTC per....

first trade on Polo was  .0001 ZEC @ 2500 BTC  
ROFLMAO!! Paying .25BTC just to totally fuck with the chart !!

50 BTC volume at price over 300 BTC.

you need to understand that today will be only 200 ZEC mined. with such interest from crypto peps, price will be high and fall over next months. Probably same as STEEM had and still have.

[TrueCryptonaire]

With the release of Zcash and the huge investment it will get from people who don't realize its a huge scheme cooked up by the Mossad or NSA or something,
I expect Monero to lose both volume and value for a bit.

Hopefully people wake up and realize that Zcash is seriously flawed and very likely nefarious,
and move back to Monero,
but people are fucking retarded.

Retarded is right, zcash futures reached something like 1.7 or 1.8 BTC per....

first trade on Polo was  .0001 ZEC @ 2500 BTC  
ROFLMAO!! Paying .25BTC just to totally fuck with the chart !!

The problem with ZEC is there is very few coins and hardly nobody dumps, that's exactly what I would like to see also within Monero. The number of coins in exchange being almost 0 and a lot of eagerness to get some coins.
Bear in mind, the volumes are so low that the price is irrelevant.

[phoenix rises]

50 BTC volume at price over 300 BTC.

you need to understand that today will be only 200 ZEC mined. with such interest from crypto peps, price will be high and fall over next months. Probably same as STEEM had and still have.

Bear in mind, the volumes are so low that the price is irrelevant.

I totally get both points  
And I still think someone is trying to make a mockery of this launch intentionally  

EDIT: Volume not so low now TC, but price is definitely arbitrary. Traders doing what traders do ...
When the music stops it's gonna make XMR bagholding look like a walk in the park

Meanwhile, a Monero buyer has snuck back into the room ...