[XMR] Monero Speculation

[Febo]

In Monero for a while. The weird part is that I currently consider Monero more undervalued at <12$ than at 0.50$. Monero just works great right now.

I dont see current price of $12 now less worth as it was year and a half ago at $0.5.  

I think $12 is a solid price. It is hard to say if it is cheap or expensive, but for sure is not almost free as was the $0.5. Price will for sure go up and also down in near future. Long term it will go up. Slowly and steadily same as number of transactions and same as Bitcoin.


@TrueCryptonaire

What you said are not a Monero weakness. What you said is reason why price is not way higher.  But same goes for all normal Crypto.

[1715649569]

1715649569

[1715649569]

1715649569

[1715649569]

1715649569

[TrueCryptonaire]

In Monero for a while. The weird part is that I currently consider Monero more undervalued at <12$ than at 0.50$. Monero just works great right now.

I dont see current price of $12 now less worth as it was year and a half ago at $0.5.  

I think $12 is a solid price. It is hard to say if it is cheap or expensive, but for sure is not almost free as was the $0.5. Price will for sure go up and also down in near future. Long term it will go up. Slowly and steadily same as number of transactions and same as Bitcoin.

But no masternodes locking the coins from the weak hands.... 

[Febo]

Monero need to increase transactions and that is the only normal way to lock coins from exchanges.  Last year number increased 6 times, lets hope this year will be same.

[cAPSLOCK]

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

Masternodes are a liability.  They are an attack vector for deanonymizing transactions.  We should thank Saberhagen we don't have that.  But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified.

And the ongoing marketing "hype" is just bullshit.

You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle.  That's fine.  My priorities are different though.  I do NOT want marketing "hype".  When you make the price rise unnaturally you will pay for it eventually.  In fact it could be argued we are paying for the dark market hype now.

I would propose Dash better meets your desires for a cryptocurrency.

[CTTE]

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

Sometimes you can be such a Troll...  so, it's obvious you are long Darsh and shorting Monero... I know you can't actually believe that some sort of Masternode scheme would be a good thing for Monero, so you have to be talking your book.  I know this is your standard way of operating but, please be advised that people see through you!

[DaveyJones]

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

Sometimes you can be such a Troll...  so, it's obvious you are long Darsh and shorting Monero... I know you can't actually believe that some sort of Masternode scheme would be a good thing for Monero, so you have to be talking your book.  I know this is your standard way of operating but, please be advised that people see through you!

More people are abandonding threads like this because of people like him, this Spec thread used to be my HUB for anything speculation related... that shifted long time ago to IRC because of people like him... with nonsense talking their book.

[ultegra]

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

TC has always been the flip flop king, i remember his constant trolling from 2/3 years ago in the polo trollbox.

The reason that DASH is pumping has got zero to do with masternodes, and can we please stop going on about the marketing bullshit. Its pumping because traders are pumping it simple, profits will be taken and ploughed into XMR, the dash pump is a dress rehearsal from the trading consortiums for xmr.

[TrueCryptonaire]

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

Masternodes are a liability.  They are an attack vector for deanonymizing transactions.  We should thank Saberhagen we don't have that.  But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified.

And the ongoing marketing "hype" is just bullshit.

You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle.  That's fine.  My priorities are different though.  I do NOT want marketing "hype".  When you make the price rise unnaturally you will pay for it eventually.  In fact it could be argued we are paying for the dark market hype now.

I would propose Dash better meets your desires for a cryptocurrency.

To be honest I should have invested into Dark coin when it was cheap (a couple months ago).... I think it is too late now - I am not saying it cannot go higher but definetely it is not that much of a bargain than it was.
Yes in terms of market capitalization the idea of masternodes is perfect for a crypto in the world we are living (where cryptos are merely speculation tools). Basically anything that locks coins is preventing the major dumps taking place and helps the price to increase as it is easier to pump a coin that has lowish available supply.
I think people investing in Darkcoin understand basic economics. 
I am currently investigating coins to diversify, and I am interested in projects that have opportunity to rise in price. You know, I am not an idealist but a speculator.
And nope, I have no margin positions to any directions.

[saddambitcoin]

Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.

^ posted this the last time Dash was peaking, reposting for future observation

[sui_generis]

Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.

^ posted this the last time Dash was peaking, reposting for future observation

If that compounds with the tendency of Monero to rally in the early spring, the next few months will be interesting indeed.

[kurious]

Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.

^ posted this the last time Dash was peaking, reposting for future observation

If that compounds with the tendency of Monero to rally in the early spring, the next few months will be interesting indeed.

If?  Nope.  When... 

[kurious]

Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.

^ posted this the last time Dash was peaking, reposting for future observation

The February breakout was looking like not happening, but.... maybe you called that just right, Sir - a little spike as I type...

Here's hoping this one breaks 0.0107 and sets us back on our path...

[ResistantLaw]

Seems to be stable for a while here. I don't think it would dip down again at this point, right? Speculation is only up, and the transaction volumes are increasing.

Dash sure is on the rise, definitely makes me think Monero is gonna have it's chance soon.

[smoothie]

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

And to that point Bitcoin also has NO masternodes and no ongoing marketing hype like DASH.

[smoothie]

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

Masternodes are a liability.  They are an attack vector for deanonymizing transactions.  We should thank Saberhagen we don't have that.  But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified.

And the ongoing marketing "hype" is just bullshit.

You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle.  That's fine.  My priorities are different though.  I do NOT want marketing "hype".  When you make the price rise unnaturally you will pay for it eventually.  In fact it could be argued we are paying for the dark market hype now.

I would propose Dash better meets your desires for a cryptocurrency.

To be honest I should have invested into Dark coin when it was cheap (a couple months ago).... I think it is too late now - I am not saying it cannot go higher but definetely it is not that much of a bargain than it was.
Yes in terms of market capitalization the idea of masternodes is perfect for a crypto in the world we are living (where cryptos are merely speculation tools). Basically anything that locks coins is preventing the major dumps taking place and helps the price to increase as it is easier to pump a coin that has lowish available supply.
I think people investing in Darkcoin understand basic economics. 
I am currently investigating coins to diversify, and I am interested in projects that have opportunity to rise in price. You know, I am not an idealist but a speculator.
And nope, I have no margin positions to any directions.

Woulda, coulda, shoulda,...WCS

Now go start a market hype campaign with your own funds.

Thanks 

[kurious]

Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.

^ posted this the last time Dash was peaking, reposting for future observation

The February breakout was looking like not happening, but.... maybe you called that just right, Sir - a little spike as I type...

Here's hoping this one breaks 0.0107 and sets us back on our path...

Killed it. (.0107 that is)  Of course everything happens when I'm working away from internet access.

First leg up complete.

Now money in BTC needs to look where to go if the ETF is not approved, there will be a flight, probably before the 11th, if the smart money thinks it's a 'no'.

Monero is oversold and under historic volume levels, I don't think nervous money worried about a BTC ETF dip will be looking at Dash, it's way overbought.  I think some of the money must have its finger hovering over the trigger while it is pointed at XMR.

But then I really shouldn't speculate, should I

[kurious]

Volume up, buy side strengthening, 0.0107 breached convincingly, MA crossover up to the 4hr.

Daily crossover is a little way off yet, but I have a feeling we will see the second green candle in a row for the first time in a couple of weeks.  My hunch (based upon a smidgen of TA and tea leaves) is we are seeing a turn in direction: Up.

Who sold at the bottom?

[CryptoPH]

Volume up, buy side strengthening, 0.0107 breached convincingly, MA crossover up to the 4hr.

Daily crossover is a little way off yet, but I have a feeling we will see the second green candle in a row for the first time in a couple of weeks.  My hunch (based upon a smidgen of TA and tea leaves) is we are seeing a turn in direction: Up.

Who sold at the bottom?

Though XMR/BTC went lower, it did maintain it's fiat value around $12-$13.
I'm about to feel jealous at the premine coin, sorry I mean Dash, for hitting the 3rd place (in market cap.) 

Anyway, Monero is back on track.

[kurious]

Volume up, buy side strengthening, 0.0107 breached convincingly, MA crossover up to the 4hr.

Daily crossover is a little way off yet, but I have a feeling we will see the second green candle in a row for the first time in a couple of weeks.  My hunch (based upon a smidgen of TA and tea leaves) is we are seeing a turn in direction: Up.

Who sold at the bottom?

Though XMR/BTC went lower, it did maintain it's fiat value around $12-$13.
I'm about to feel jealous at the premine coin, sorry I mean Dash, for hitting the 3rd place (in market cap.)  

Anyway, Monero is back on track.

Actually we went below $12, but now we are back up to nudging $13, which looks good.  We still need to see volume on Polo up from here though, and buy side needs to be towards 3K BTC, it's gone up in the past few hours to a healthier level, but we are a third of the D-coin's volume and a long way under its market cap (yes, I have been watching and it's not much fun).

D*** cannot keep it up forever, though - there will be tears and a fall.  

Today's daily candle must be green, and then, I think we bottomed locally at 0.00922 - next targets 0.01168, then 0.0124.

Dare I say 'the next 24 hours are c....'  Actually, no, I won't Other factors weigh heavily:
  
So many are waiting for ETF news and watching how far D*** can go before it's time to bale out.  I am surprised DCrash has not happened yet, the overheating is obvious now - FOMO always ends in tears.

As for BTC - I think bailing out (if ETF is to fail) will come before the 11th (which is a Saturday, anyway)

EDIT:  number slip

[TooDumbForBitcoin]

35USD is a pretty high level for FOMO money. 

Looks to me like educated money is looking for an alternative to BTC in the event of an ETF or blocksize crash in BTC price, or is looking for a toehold in the "silver altcoin" which might grow as bitcoin use wains due to transaction fees/delays.

Educated money might be seeing something in XMR's marketcap competitors that XMR doesn't offer.  Unbloated blockchain?  Real world use?