pa
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April 25, 2017, 08:00:11 PM |
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Last week had dinner with a biologist I introduced to BTC in Dec 2013. He held during the bear market and picked up some more BTC at $200. All this without my knowledge! But what really surprised me was when he asked me whether I've heard of Monero, which he'd bought on the advice of another friend of his (whom I don't know). First time someone I know IRL bought Monero without my involvement!
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Globb0
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Free spirit
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April 25, 2017, 08:15:07 PM |
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Last week had dinner with a biologist I introduced to BTC in Dec 2013. He held during the bear market and picked up some more BTC at $200. All this without my knowledge! But what really surprised me was when he asked me whether I've heard of Monero, which he'd bought on the advice of another friend of his (whom I don't know). First time someone I know IRL bought Monero without my involvement!
woot! good for your friend and nice for you. He learned something the first time round.
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MrGood
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Chief Technology Officer, NYC
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April 25, 2017, 08:22:37 PM |
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After Snowden retweeted the Miller article to 3 million followers price has been going down almost two weeks now. I think we could see $16 - $17 unless the Monero developers/community come up with a strong positive PR campaign to offset the damage done.
Snowden is still within the intelligence community albeit acting in a position of controlled opposition. (Much like Putin). It is a false contrarian strategy designed (certainly in the case of Putin) to allow controlled allegiances with countries such as Iran and Syria, rather than them form dangerous alliances with China. The fake cold war played out between the West and Russia is just that: fake. If there was genuine military counterpoint between the two, then they wouldn't be in bed together upstairs on the "International" Space Station, where China is strictly forbidden and is forced to conduct its own space program. We have seen what happens to genuine contrarians who go against the grain. The fact that Edward Snowden is regularly trumpeted in the media without the full force of media censorship/smear/character assassination (that if anything promote him as a counter cultural icon) proves that his objectives are not quite as resistant to the power elites than is being advertised. SNARK's relationship with a myriad of intelligence groups and governmental organisations, combined with Snowden's apparent approval, shows that this is nothing but a nefarious and complex system of controlled opposition, no different from the theatrics of someone like Alex Jones, albeit more muted. Monero is clearly a pain the ass for the elite. Dig your heels in deeper and prepare to go to war. https://www.reddit.com/r/Monero/comments/67imvc/did_snowden_crash_monero/dgqrb1v/Enlightening.
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modsa
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April 25, 2017, 08:32:57 PM |
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I hope it increases soon. but Rolling in the deep...
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▬▬■▬▬■▬▬■▬▬■▬▬■▬▬■▬▬■ SPARKSTER ■▬▬■▬▬■▬▬■▬▬■▬▬■▬▬■▬▬▪ ▪ ▪ ▪ ▪ Run ‘Smart Software’ at 10 Million TPS! Crowdsale Starting Soon ▪ ▪ ▪ ▪ ▪ Website | Telegram
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Globb0
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Free spirit
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April 25, 2017, 09:12:11 PM |
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before I posted bottom wasn't in, down a bit. Now look. Pretty close hopefuly
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BitcoinNewsMagazine
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April 25, 2017, 09:43:55 PM |
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Daily XMR/BTC RSI is still above 30. There is a trend line and moving average converging at about .012 which should also put the daily RSI in oversold. The chart looks bearish probably will bottom out somewhere between .012 to .014.
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Kotone
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April 25, 2017, 09:58:14 PM |
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Is there any chance that Monero will be rise again? I think monero is falling apart again into crisis level i hope not when i look that graph this morning its rising hope it will continue rise so that i can sell with this coin and made up some good profit i need money atm.
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Whtwabbit
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April 25, 2017, 10:27:51 PM Last edit: April 26, 2017, 06:03:09 AM by Whtwabbit |
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After Snowden retweeted the Miller article to 3 million followers price has been going down almost two weeks now. I think we could see $16 - $17 unless the Monero developers/community come up with a strong positive PR campaign to offset the damage done.
Confirmation Snowden is just another mossad (controlled opposition) agent helping his mates out Edit:just saw MrGood bet me to it There are no hero's Illuminati confirmed!
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "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
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rcmiranda01
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www.definitelycoolstuffs.com
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April 26, 2017, 06:38:48 AM |
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Is there any chance that Monero will be rise again? I think monero is falling apart again into crisis level i hope not when i look that graph this morning its rising hope it will continue rise so that i can sell with this coin and made up some good profit i need money atm.
Mee too, I'm really hoping that monero will increase anytime soon.
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Stay positive. Good things will happen.
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btcdiggingmaster
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April 26, 2017, 07:05:10 AM |
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Is there any chance that Monero will be rise again? I think monero is falling apart again into crisis level i hope not when i look that graph this morning its rising hope it will continue rise so that i can sell with this coin and made up some good profit i need money atm.
Chances are there because market capitalization is kept increasing with XMR, lot of people have complete hope on this like bitcoin. The are many people who hold the coin for their 2X and 3X returns on the Monero Investment, let's hope best returns from this coin.
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Raja_MBZ
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April 26, 2017, 11:57:54 AM |
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Let's stop panicking and let Monero does the job. I'm pretty positive that it is going to recover very soon!
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Febo
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April 26, 2017, 03:41:13 PM |
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The new $20 XMR peg, just like the LTC $4 peg.
Yes seems Monero is a new LTC.
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infofront
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Shitcoin Minimalist
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April 26, 2017, 04:15:46 PM |
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Is there any chance that Monero will be rise again? I think monero is falling apart again into crisis level i hope not when i look that graph this morning its rising hope it will continue rise so that i can sell with this coin and made up some good profit i need money atm.
Mee too, I'm really hoping that monero will increase anytime soon. You guys must be new here. Just drink a couple glasses of wine and relax.
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Globb0
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Free spirit
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April 26, 2017, 04:49:49 PM |
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Here we go, is this going to be more positive now? we went bottom in on the 4hr nicely but not quite the 12hr. may do a little bounce similar bottom and up. Wha hey! come on old girl.
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BitcoinNewsMagazine
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April 26, 2017, 05:56:10 PM |
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Switch to a daily chart and watch for RSI to dip below 30
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cryptimus prime
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April 26, 2017, 07:00:49 PM |
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Switch to a daily chart and watch for RSI to dip below 30
You want to wait till the daily RSI is low and buy then because in the past it was sure that from this point on XMR would go up. But others know this too and will place buy orders before that happens to be sure not to miss the elevator.
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BitcoinNewsMagazine
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April 26, 2017, 07:54:20 PM |
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Switch to a daily chart and watch for RSI to dip below 30
You want to wait till the daily RSI is low and buy then because in the past it was sure that from this point on XMR would go up. But others know this too and will place buy orders before that happens to be sure not to miss the elevator. Perhaps, but RSI is still a good indicator to watch. The daily chart shows an obvious downtrend now, Monero is in a corrective phase of a bull market. Lower lows and lower highs. The RSI can give a clue as to trend change. Once a bottom is in place and XMR/BTC price clearly is rising again just buy on a pullback. I find charts shorter than one day are not good for my trading, too much noise. I don't care what the USD price is. The time to buy Monero is when XMR/BTC is in an uptrend.
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cryptimus prime
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April 27, 2017, 03:58:12 AM Last edit: April 27, 2017, 04:33:40 AM by cryptimus prime |
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Perhaps, but RSI is still a good indicator to watch. The daily chart shows an obvious downtrend now, Monero is in a corrective phase of a bull market. Lower lows and lower highs. The RSI can give a clue as to trend change. Once a bottom is in place and XMR/BTC price clearly is rising again just buy on a pullback. I find charts shorter than one day are not good for my trading, too much noise. I don't care what the USD price is. The time to buy Monero is when XMR/BTC is in an uptrend.
I would like to add: We are very near to the "end of the downtrend in XMR/BTC", one can play around near the bottom, but Monero has always shown sudden peaks in the past. This can mean for hodlers and those who value the XMR technology above the other cryptos the loss of precious XMR. For traders it is "just" missed profit. Although the XMR/USD pair is not traded with high volume I would not discard it, we move there in the range between (tighter) Bollinger bands on the daily chart and right now we could see an upswing again. Do not forget that the XMR bearish trend is also just a result of BTC going up, while it remains stable in fiat. Combine this with the low RSI on BTC/XMR coming soon and the support lines on the daily chart and you have a better picture then with RSI alone. I would also like to add that some updates are also around the corner as is the coinbase implementation of XMR which cannot be calculated into the price as it will influence the price additionally to the speculation once it is done. The XMR community shows continous and accelerating growth, the numbers of reddit subscribers is just one of them. Also I think a lot of XMR investors have realized after the recent pump of ETH where the price of XMR could be in already 1 or 2 years, clearly above 50 or 100 USD, so more and more are long term hodling. I just know when the bottom is in I will change all my ETH to XMR as could others too.
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kc.
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uh-huh
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April 27, 2017, 04:54:25 AM |
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What is so special about XMR? It's anonymous... ok what else? Curious.
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CoinCidental
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Si vis pacem, para bellum
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April 27, 2017, 05:59:06 AM |
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Monero is still over $21 - it's holding value fine for me and has been for ages. Expecting it to go up while BTC moons is not realistic. If you have both BTC and Monero, you're fine. Just be glad you're not in Dash Is that $21 in Canadian Dollars or something? LOL... showing $19.65 here now, on CoinMarketCap. But yeah agree in general. All during this "decline" it's only today, I think, that it finally dipped below the $20 holding point it's been on so strong recently. So seems price in BTC is "going down" only mostly because BTC is going UP. If you're a day-trader (ahem "gambler") looking to generate bitcoin profit by jumping in & out of the latest hot altcoin Pump & Dump? Then yeah that matters I guess. But IF you're buying this technology for the long-term world-changing effect it will have? Probably not so much to worry about. Oops! Seems Monerohow follows Finex prices for BTC - sorry: https://www.monero.how/But I am still not concerned - just buying what I can (although I don't want to cash in BTC to do so, obviously) the bitcoin price listed there actually says poloniex beside it ,maybe they changed the API ? why would polo be higher than bfx anyway ?
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