[XMR] Monero Speculation

[TrueCryptonaire]

hello

xmr has no more news after jan 5th's hard fork ?

thank you

Potential upcoming news are the acceptance to Coinbase (if it becomes actual - but based on reddit odds are quite good Monero is going to be accepted).
Also around the Satoshi roundtable Monero probably gets new (large) investors from the early adopters of bitcoin.

[KeyJockey]

Guys, market cap now is srsly "only" about 10 or 20 million $ fiat away from popping us up over both litecoin and (stupid) ripple... XMR at $216M and both of them at #3/#4 at about $230M

CALLING ALL WHALES! CALLING ALL WHALES!  

Any WHALE out there within the sound of my voice (ahem, keyboard LOL) ... hey, listen up!!  Can't just ONE or TWO of you guys do us all a solid and just throw down a good old fashioned casino-style PLUNGER BET of a measly 20 million and push us up over the top into third place here SOONER rather than LATER?

Combined with all the incoming media attention about HoneyBadger breaking back up over $1,000 --- news media attention about a brand-new THIRD PLACE "better bitcoin than bitcoin" our good old favorite dark-horse HONEY PONY, coming out NOW, would be absolutely epic...!!!!

Well... that was pretty quick!

Thanks fellas... much obliged!  

[kurious]

hello

xmr has no more news after jan 5th's hard fork ?

thank you

Just posted this answer in the other thread - but it needs to be disseminated:

It's going to be more like the 10th Jan, not the 5th.

[CryptoPH]

Whoever this is should move it north.

Code:

0.0054%	17437.72358261	2-7 Days

It is an invitation, someone wants us to go on a large leverage Long position. Good news! So he can dump on you easily - we will see tomorrow evening! ;-)

Actually, it's an invitation to short...  when you short XMR you need to borrow XMR, when you go long on margin you're borrowing BTC.

That is really nice!

[CryptoPH]

where is the moon for monero ? would you still buy @ 18dollars ?

Bitcoin was at $18 too, and we thought it was expensive at that time.

[CryptoPH]

It is official. Monero won title of most profitable Crypto in 2016:   https://bitcointalk.org/index.php?topic=1732516.0

That's impressive. 2916,30% rise in just one year, wow. Unfortunately I wasn't into crypto world in the beginning of the 2016. Now I wish I bought XMR with as much money as I could afford. So, did some people from here earn big money with Monero?

Thing is that on 1st January 2016, finally binaries that was named 0.9 Hydrogen Helix come out. Basically everyone knew they will be out 3 months before that since was tested so long as anything in Monero.  Market did not react on it even once they were out, it did slowly with a delay.  ETH and latter I also remember Siacoin attracted way to much attention and made many blind to not see Monero.

I remember when I joined Poloniex trolbox on January 1st 2016 and said that Monero with Hydrogen Helix finally  started running and that everything in Monero will now take way less to get developed, people were laughing or ignoring me.

Most that are reading and posting here, bought Monero way before 1st January 2016 and paid much more then would at that point. But I am sure there are some lucky guys that did it at that time, when all was totally clear what is ahead of Monero.



Well beside that positive Hydrogen Helix, there was 3 negative things that was pushing Monero price down.

1. Ethereum and co in Spring of 2016  steal all atention
2. Bitcoin halving in Summer 2016, since everyone expected BTC rally and would buy Monero soon after BTC ATH.
3. ZCash start in Autumn 2016. Highly advertised Monero competitor.


With this 3 things not be there, Monero price would be way higher today.

Fundamentally, these challenged the existence of Monero.
And technically, the price also needs a breather and cannot go straight up (parabolic run).
All of these are good things for Monero.

[rpietila]

All my followers took a stop-loss by buying in at 0.012. Now just let it ride, I have totally no insider info on this one.

[rangedriver]

I have totally no insider info on this one.

No-one does. Welcome to the mainstream.

[rpietila]

I have totally no insider info on this one.

No-one does. Welcome to the mainstream.

Well I perhaps did have some when amassing my 500k position that was later stolen...  

Just saying that every once in a while, someone does.

Disclaimer: "my" refers to undisclosed entities.

[rinus]

Nice ride so far, good start of the year.
could someone inform me how big the chance is that we go 50 dollar in 2017? i know its hard to tell but this is speculation thread

[TrueCryptonaire]

Monero gets people's attention on Youtube:
https://www.youtube.com/watch?v=SaDBoKeocSI

Youtube is a channel that potentially makes Monero adaption viral, therefore on Youtube one can always encourage covering Monero related issues. Always someone will buys in based on that.

EDIT:
Discovered another Monero related vid on Youtube from a guy over 4000 subscribers:
https://www.youtube.com/watch?v=PQecCIP0NAA

EDIT 2:

Cryptoverse (3400 followers) also paid attention to Monero's addition to Kraken and high volume, criticized of slow development and bad funding system (based on volunteering).
https://www.youtube.com/watch?v=ZDk3e8tNKb4

[SolarStorm]

you can vote to add monero at coinbase by this link:

https://docs.google.com/forms/d/e/1FAIpQLSc2fiKVGs8bBWSzUols16GjetJ0aWx4N1J10SP0NwhG6rdtfg/viewform

[megadeth]

I have totally no insider info on this one.

No-one does. Welcome to the mainstream.

Well I perhaps did have some when amassing my 500k position that was later stolen...  

Just saying that every once in a while, someone does.

Disclaimer: "my" refers to undisclosed entities.

The tr00 monero baron speaketh.
Made my initial buy in because of his post.
Looking forward to more posts from you on crypto-investments Risto

[Shiroslullaby]

Even though the price has gone up a bit, is now still a good time to buy more XMR?
ZEC is trading at almost 3x the price of Monero, and I personally feel that Monero is a much better product, with at least some support even if its mostly from darknet vendors right now.
Surely the price could go as high as Zcash, right?  
I don't think $40 to $50 is unreasonable if we get more exchanges and wallets supporting the coin, and start to see some clearnet websites start to accept payments in XMR.
(Or is this just wishful thinking?)

[canth]

Even though the price has gone up a bit, is now still a good time to buy more XMR?
ZEC is trading at almost 3x the price of Monero, and I personally feel that Monero is a much better product, with at least some support even if its mostly from darknet vendors right now.
Surely the price could go as high as Zcash, right?  
I don't think $40 to $50 is unreasonable if we get more exchanges and wallets supporting the coin, and start to see some clearnet websites start to accept payments in XMR.
(Or is this just wishful thinking?)

If your time horizon is long enough, it's not unreasonable at all. Monero is a competitor to Bitcoin for everyone that is privacy-minded - there's no reason it can't be worth 1/10th of BTC for technical superiority alone. If it's actually used by people for privacy minded transactions, then $100 isn't just dreaming.

[andulolika]

I've been saying since a good while that both XMR and BTC are going to skyrocket, kinda unconvenient for me, however I think both coins have a bright future.

[BitcoinNewsMagazine]

Even though the price has gone up a bit, is now still a good time to buy more XMR?
ZEC is trading at almost 3x the price of Monero, and I personally feel that Monero is a much better product, with at least some support even if its mostly from darknet vendors right now.
Surely the price could go as high as Zcash, right?  
I don't think $40 to $50 is unreasonable if we get more exchanges and wallets supporting the coin, and start to see some clearnet websites start to accept payments in XMR.
(Or is this just wishful thinking?)

Yeah, the time to buy was when the price was .01 or better. One thing you can count on is volatility, maybe put some low ball bids in at .012 on the chance you get filled. Otherwise you are probably better off just cost averaging by buying each week to get the best average price. Monero and ZEC are both highly speculative and the traders decide what is fair price for both. Very few altcoins have taken out their all time high. Monero has already done that once, we have to see if that happens again. 

[infofront]

I'm not a pro, but I see very few signs that we've topped yet.

[TrueCryptonaire]

Even though the price has gone up a bit, is now still a good time to buy more XMR?
ZEC is trading at almost 3x the price of Monero, and I personally feel that Monero is a much better product, with at least some support even if its mostly from darknet vendors right now.
Surely the price could go as high as Zcash, right?  
I don't think $40 to $50 is unreasonable if we get more exchanges and wallets supporting the coin, and start to see some clearnet websites start to accept payments in XMR.
(Or is this just wishful thinking?)

Yeah, the time to buy was when the price was .01 or better. One thing you can count on is volatility, maybe put some low ball bids in at .012 on the chance you get filled. Otherwise you are probably better off just cost averaging by buying each week to get the best average price. Monero and ZEC are both highly speculative and the traders decide what is fair price for both. Very few altcoins have taken out their all time high. Monero has already done that once, we have to see if that happens again. 

When the price was 0.006-0.01 people thought it is still too high and refused to buy expecting 0.004-0.005 which was told us that it will be on the horizon.
Personally I had small bids all the way to pretty much zero and the highest ones got filled when people simply dumped their treasures to my and other's bids.
Therefore, statement of calling 0.01 being the right price to buy is wisdom that do not help much today when the price is 0.016 or better. The future will tell if the current price is a good price to buy or a terrible price.
Personally I do not care the price anymore (I am so much on the water) but obviously I would wish higher price, not going to sell if the price is going to go down. It causes only capital gain taxes to pay at this point.

[jay8291]

Even though the price has gone up a bit, is now still a good time to buy more XMR?
ZEC is trading at almost 3x the price of Monero, and I personally feel that Monero is a much better product, with at least some support even if its mostly from darknet vendors right now.
Surely the price could go as high as Zcash, right?  
I don't think $40 to $50 is unreasonable if we get more exchanges and wallets supporting the coin, and start to see some clearnet websites start to accept payments in XMR.
(Or is this just wishful thinking?)

Of course Monero is better than Zcash bcoz it has been in Market for a longer time & is also accepted on many darknet websites, which i dont think Zcash will achieve until Monero is present.