[XMR] Monero Speculation

[kurious]

... insignificant  value compared to just being their, bags full, when the moves come.

Tz-tz-tz aminorex, I know this is a speculation thread going through an exciting period, but one must not throw away proper spelling, must he not? I'm only mentioning this because I know you'll appreciate it.

Ha, I didn't want to say, not like him!

Besides, 'he that hath no sin, cast the first stone' and all that - I am typo-tastic at times.  Probably his phone did it

[Hueristic]

A note to everyone jumping onboard for a pump and dump: Monero doesn't do that.  If you dump, you will probably find yourself coming back later, only to find your next buy to be half the size of your last buy.  Okay I admit there have been two spikes which retraced,  but since then Bitcoin has doubled.  How many people who sold at 2016’s ATH would be twice as wealthy today if only they had simply held through thick and thin, fair and stormy alike?  I daresay the overwhelming majority.  Don't be distracted by shiny Dunning-Krugerrands.  Stack your Monero gradually, persistently and you may end up like Warren Buffett (but younger prettier and more righteous).   Throw your chips on red, and you will end up like all the other nameless bums on the park benches who gambled away baby's milk money.

I can attest to this, had to sell at $20 and missed spike again.

I was actually hoping to buy a couple extra Monero before the announcement, but I literally can't buy Bitcoin right now.
Coinbase is having issues with their site, Bitstamp wants a ton of documents, Kraken has been verifying my Level 1 account since yesterday...

People hoping to get into bitcoin aren't going to pay crazy fees or deal with some random person on a forum.
It seems like the ability to convert fiat to crypto (and vice versa) is still the biggest hurdle to investing these days...

Fuck kraken, they busted my balls on my picture and you can't buy with usd there from US so they suck.

[Hueristic]

... insignificant  value compared to just being their, bags full, when the moves come.

Tz-tz-tz aminorex, I know this is a speculation thread going through an exciting period, but one must not throw away proper spelling, must he not? I'm only mentioning this because I know you'll appreciate it.

Hacked account or excitement slipping through you be the judge.

[elrippo]

And there we go, deep red 

[TRDR]

And there we go, deep red 

Deep Red? ...huh? where?

[explorer]

And there we go, deep red 

Well, I guess thats it  .  Nothing to see here, time to go home.

[danimlg]

Why red?? Whats wrong

[BitcoinNewsMagazine]

And there we go, deep red 

Well, I guess thats it  .  Nothing to see here, time to go home.

fluffypony's announcement is not until 6 pm nyc time at Consensus

[Zegra]

I used to feel unconfortable with selloffs like this. But they happen so often, these days I just open a beer and laugh at the red candles

[BitcoinNewsMagazine]

Live stream of the announcement at http://www.ustream.tv/channel/jSMYB883ZWm needs Flash

[danimlg]

Why red?? Whats wrong

Ok I get it someone dumped and others took the chance of cheaper coins. Come on guys 45min to go, I have faith in Fluffy

[Hueristic]

I used to feel unconfortable with selloffs like this. But they happen so often, these days I just open a beer and laugh at the red candles

LOL, when I see those dumps I laugh and rewatch this.

https://www.youtube.com/watch?v=RHg8qIKJo1I


And we're back.

[cAPSLOCK]

Why red?? Whats wrong

Ok I get it someone dumped and others took the chance of cheaper coins. Come on guys 45min to go, I have faith in Fluffy

Seems to me this fluctuation is fairly standard.  There are lots of reasons for it.

• pre-emptive "sell on news" action
• big shorts being opened and sold at the "top" before the announcement
• natural correction from a fiarly hot price rise

The money question is obviously where is it going next.  Well that depends somewhat on Spagni's announcement.  But the fact is XMR is still overdue for the participation it really deserves in the alt rally  as a legitimate, useful project with real world use.

Let's just hope we see some of that before alt bubbles pop as well as muted volatility in XMR when they do.

[explorer]

The last 5 hours or so have been... interesting.  Surely anything loose has been shaken out under such volatility! 1 more hour before it flips one way or the other.

[kurious]

Symposium link not live yet...

Anyone know what's going on?!

[explorer]

Symposium link not live yet...

Anyone know what's going on?!

FYI: coz of the room change and traffic etc. we're only starting the talks in an hour, announcement Tweet will happen as the room sees it.

[kurious]

Symposium link not live yet...

Anyone know what's going on?!

FYI: coz of the room change and traffic etc. we're only starting the talks in an hour, announcement Tweet will happen as the room sees it.

Damn, it's already past 11.00 here, my other half has an early start....  Gonna have to miss it.

Good luck all.

[Hueristic]

Where is this announcement link?

[owlcatz]

Where is this announcement link?

I'm waiting for the livestream here - http://www.ustream.tv/channel/jSMYB883ZWm

[BitcoinNewsMagazine]

Also Twitter https://twitter.com/fluffyponyza