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Author Topic: [XMR] Monero Speculation  (Read 3103894 times)
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rangedriver
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March 21, 2017, 07:28:24 AM
 #27941



38.2% retraction boundary at 0.01905.
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March 21, 2017, 07:31:00 AM
 #27942

Also to OP, do you srsly believe saying something "is possibly a scam" and "don't buy it" is the SAME thing as recommending someone to SELL IT SHORT...?

These two things are VASTLY different, especially in terms of risk tolerance and personal *responsibility* for whatever may result from one's actions.

Anyway as Satoshi said, "If you don’t get it I don’t have the time to try to convince you, sorry".  

(This entire exchange has probably just been a big trolling guys, LOL, looks like we fell for it.  Maybe should be just deleted at all)

To the people looking for blame on the outside:

Caveat Emptor! This is crypto where you and only you are 100% responsible for your actions. Embrace it. Freedom comes with good and bad. Cant believe some sore losers are blaming anyone than themselves.

If, here's some guidance to make you a bigger person maybe:

https://www.poetryfoundation.org/poems-and-poets/poems/detail/46473


Else: I suggest to stay in the debt based economy! Nobody ever gets screwed there and there's regulation, chargeback and oversight and so much warm and fluffy (hah!) safety...

(couple of edits - wasn't directed at the quoted post but read like it.....)

Monero - Wir sind die Leute vor denen uns unsere Eltern gewarnt haben!
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March 21, 2017, 08:03:13 AM
 #27943

The price of Monero is affected by several factors. The first factor will be the cost of the electricity needed to mine the blocks. It only compensates miners for mining if they can sell their currencies at a price equal to or greater than the cost of producing them. The second factor will be demand and supply in the market, ie the market's ability to absorb the currencies produced. In addition, there is inevitably market speculation.
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March 21, 2017, 10:02:01 AM
 #27944



38.2% retraction boundary at 0.01905.

Undershot a little, but a pretty good call.   I picked up some on a bid I left at 0.0189.  However we seem to be uncertainly popping up and down according to BTC fluctuations now it's over $1070.  I am hoping we break free of that and get up to a level over $22 again.

But it's hard to call - a strong BTC rally will look like the alt bubble is ending and money might rush back to BTC.

I don't think BTC will go up over 1100 in a hurry - too many will want to cash in, but if it does... Hmm..!

Adjusting my positions a little Wink

我想要火箭和火车
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March 21, 2017, 03:46:43 PM
 #27945

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time




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TrueCryptonaire
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March 21, 2017, 04:20:00 PM
 #27946

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

Because Monero tends to drop.
Usually the rises are fast and take relatively short period and then the downslide will start and it usually takes months after months.
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March 21, 2017, 05:18:07 PM
 #27947

I was definitely wrong! thought it was bullish sentiment. oh well. I hold
KeyJockey
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March 21, 2017, 05:43:04 PM
 #27948

Yeah, so much for the ATH talk... shoot.  Guess we'll have to wait for something 'big' like maybe coinbase announcement for that again?

I was hoping the 020's would hold longer, honestly, but here we're back in 18's today -- BUT -- let's remember guys, not that long ago we were stuck in that interminable damn $7 to $9-ish range. 

So really I tell myself anything over 015 for me is "comfortable", right?  LOL just got a little too used to 020's... patience and HODL! We'll get there Wink

- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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March 21, 2017, 06:57:54 PM
 #27949

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

Because Monero tends to drop.
Usually the rises are fast and take relatively short period and then the downslide will start and it usually takes months after months.


This is ridiculous, look at it in $ terms, it's hardly moved for days, it went from 22.40 one day ago to 21.80 now. It was at 13$ ten days ago. Talk about ungrateful and demanding...

The $ chart is much more reliable because BTC moves so much. The pattern for the last months has been (in $ terms) upwards movements and holding the level in between with small fluctuations around 1-2$. It was the same when it was going sideways and fluctuating between 10 and 13$.

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March 21, 2017, 07:08:01 PM
 #27950

I was definitely wrong! thought it was bullish sentiment. oh well. I hold

How can you think of a bullish sentiment in a general market that is very over-heated... things have to drop/go sideways before we get at one-of-its-kind bubble with a retracement never seen. This drop is good... it keeps the market balance healthy.
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March 21, 2017, 10:40:28 PM
 #27951

hey I'm not upset about a retractment, just am bullish knowing dash has a ~800M market cap
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March 21, 2017, 11:17:26 PM
 #27952

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

Because Monero tends to drop.
Usually the rises are fast and take relatively short period and then the downslide will start and it usually takes months after months.

True true.

Monero really has this specific way of being down 9 out of 10 days but still manages to climb over time.
There is constant selling pressure.

Nothing like other coins. Probably drug dealers cashing out Wink...

Hottest Coins: Decred, ZCoin, Waves
mnemonicsoup
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March 21, 2017, 11:36:51 PM
 #27953

If more people would hodl instead of constantly speculating on micro movements the price would be much higher but perhaps it's still worth it to them. All my friends lost in the long run though, I prefer hodling.


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March 21, 2017, 11:38:54 PM
 #27954

If more people would hodl instead of constantly speculating on micro movements the price would be much higher but perhaps it's still worth it to them. All my friends lost in the long run though, I prefer hodling.

Speculation does affect all coins. It's give and take.

Hottest Coins: Decred, ZCoin, Waves
culuuton
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March 21, 2017, 11:46:20 PM
 #27955

If more people would hodl instead of constantly speculating on micro movements the price would be much higher but perhaps it's still worth it to them. All my friends lost in the long run though, I prefer hodling.

Speculation does affect all coins. It's give and take.
You should only put money you are willing to lose into crypto. Buy several different coins, such as BTC, ETH, and DASH.

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March 22, 2017, 12:41:42 AM
 #27956

And many many people lost a fuckload of money because fluffy was telling everybody how bad dash is, right before it sprung x10. These people shorted dash because they beliefed fluffy, and lost all, these shorters are the ones which made the dash price rise exponential bigger than it would have been without the shorting. And they shorted because dash is so bad and its just a pump and dump scam coin and so on, at least everybody told them so - for them 20 dollar a dash was hardly overpriced, look where dash is now.

If you ask for who was scammed by dash, you won't find one (at least noone who was buying in the last 3 years), because price went from ath to ath, there could no one be scammed per definition, because noone could have lost with ath after ath. (for me a scam is if someone loses money! - ofc thats my definition, but its true!). On the other hand lots and lots of people lost money because they shorted dash after all that "its a total scam coin" definition from fluffy and his friends with all these cool videos...

This man speaks the truth. Just keep on listening to Fulffy and Icebreaker and Smooth and Generalthis and who else if you want to keep on losing money. Their track record so far certainly indicates that.

Oh sure, it's terrible how I told people to buy Monero for under 25 cents and then $1 while they had the chance.

We're crying in our Teslas....  Grin Grin Grin


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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March 22, 2017, 01:32:16 AM
 #27957

How come every time I buy XMR it falls lol.... fuck... it's a good coin and has potential, but never manage to catch it at the right time

Because Monero tends to drop.
Usually the rises are fast and take relatively short period and then the downslide will start and it usually takes months after months.

Good God you are often tiresome.

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March 22, 2017, 02:42:12 AM
 #27958

Currently I have about 10 monero, I wouldn't fret with a lot of people who are pessimistic, because the coin will continue to benefit and market cap is already big and reached more than: $305 million.
Take A Horse To Water
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March 22, 2017, 02:50:40 AM
 #27959

Currently I have about 10 monero, I wouldn't fret with a lot of people who are pessimistic, because the coin will continue to benefit and market cap is already big and reached more than: $305 million.

Yes, too much pessimism is kinda bad for keeping the price up. We're already seeing lower lows, and people talking about how doomy everything is will only lead to a reversal.

Try to keep positive everyone!
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March 22, 2017, 05:47:06 AM
 #27960

And many many people lost a fuckload of money because fluffy was telling everybody how bad dash is, right before it sprung x10. These people shorted dash because they beliefed fluffy, and lost all, these shorters are the ones which made the dash price rise exponential bigger than it would have been without the shorting. And they shorted because dash is so bad and its just a pump and dump scam coin and so on, at least everybody told them so - for them 20 dollar a dash was hardly overpriced, look where dash is now.

If you ask for who was scammed by dash, you won't find one (at least noone who was buying in the last 3 years), because price went from ath to ath, there could no one be scammed per definition, because noone could have lost with ath after ath. (for me a scam is if someone loses money! - ofc thats my definition, but its true!). On the other hand lots and lots of people lost money because they shorted dash after all that "its a total scam coin" definition from fluffy and his friends with all these cool videos...

This man speaks the truth. Just keep on listening to Fulffy and Icebreaker and Smooth and Generalthis and who else if you want to keep on losing money. Their track record so far certainly indicates that.

Oh sure, it's terrible how I told people to buy Monero for under 25 cents and then $1 while they had the chance.

We're crying in our Teslas....  Grin Grin Grin

oh i remember how you told tante that its unresponsible to not sell dash at 50$ ... you pushed it hard ... and for her luck she didn't response to you false prediction and dash rose another 50 $ to above 100 $ ... you are the real deal if it goes to trading advises !!!

keep trolling

tip me! Tongue XtSrWch1U3BsTBFBHj7acTTzxFo1fy5BMa
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