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Author Topic: [XMR] Monero Speculation  (Read 3312380 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
Febo
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August 25, 2017, 05:04:26 PM
 #31521

Lol forget the stupid Korean exchange. Today happened 2 huge things in Monero.


https://globee.com/

and

https://localmonero.co/


This is getting silly Tongue
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ifyousmell
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August 25, 2017, 05:20:24 PM
 #31522

I still cannot fully understand the reason behind the recent run for all the anonymous cryptos, is there a huge demand for  anonymous  currencies or just usual  hype? they has been around for quite some time now.
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August 25, 2017, 05:21:57 PM
 #31523

I still cannot fully understand the reason behind the recent run for all the anonymous cryptos, is there a huge demand for  anonymous  currencies or just usual  hype? they has been around for quite some time now.

IDK maybe because of such things
https://cointelegraph.com/news/irs-uses-chainalysis-to-track-down-bitcoin-tax-cheats

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August 25, 2017, 05:38:28 PM
 #31524

I still cannot fully understand the reason behind the recent run for all the anonymous cryptos, is there a huge demand for  anonymous  currencies or just usual  hype? they has been around for quite some time now.

I think part of it is that people are starting to realize that privacy is not just for criminals. It's a good thing for everyone.

Maybe you want to give to a perfectly legal cause, but you'd potentially have serious negative social and professional consequences if that donation was found to have come from you (this has happened to people on both sides of the political spectrum). With Monero, this can't happen since it's truly private.

Or maybe the clerk you just paid $5 in BTC (or any other public blockchain) looks up your BTC address and sees that you have a large sum of money attached to that address and decides to pay you a visit later with a monkey wrench and a blowtorch to get your private key and/or password. With Monero, this can't happen since it's truly private.

People knowing how much money you have or how you've spent that money can lead to bad things even though you did nothing illegal or immoral. Monero keeps your financial information safe, and that can also keep you safe.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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August 25, 2017, 05:53:19 PM
 #31525

I held XMR for a long time at around 50$....sold most and then it doubles....why!?

At least it went into omg where I got better gains.
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August 25, 2017, 08:40:44 PM
 #31526

I held XMR for a long time at around 50$....sold most and then it doubles....why!?

Strong hands are rewarded.
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August 25, 2017, 08:55:32 PM
 #31527

I held XMR for a long time at around 50$....sold most and then it doubles....why!?

Strong hands are rewarded.

Strong hands in the crypto currency will be rewarded with dignity, someone early , someone later

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PoorLad
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August 25, 2017, 09:27:29 PM
 #31528

https://www.worldcoinindex.com/coin/monero

XMR just passed 100USD on Bittrex! The rocket is fueling up  Smiley Too bad I am going to bed soon

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August 25, 2017, 09:30:58 PM
 #31529

https://www.worldcoinindex.com/coin/monero

XMR just passed 100USD on Bittrex! The rocket is fueling up  Smiley Too bad I am going to bed soon

Are we on same bittrex? $99,84 

hold your horses Tongue

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August 25, 2017, 09:39:13 PM
 #31530

I held XMR for a long time at around 50$....sold most and then it doubles....why!?

Strong hands are rewarded.

The are indeed.  Good to see you're not too busy to step in here and post.

Hope life is good..? Wink


我想要火箭和火车
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August 25, 2017, 09:45:11 PM
 #31531

About to break $99?
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August 25, 2017, 09:58:55 PM
 #31532

About to break $99?

Not yet, but... Soon™

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August 25, 2017, 10:18:46 PM
 #31533

About to break $99?

Not yet, but... Soon™

$100.52 poloniex, sweet.
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August 25, 2017, 10:24:58 PM
 #31534


Sweet indeed, I confess I thought it would be tomorrow...

But it feels sweet.  $200 next..?

我想要火箭和火车
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August 25, 2017, 10:41:32 PM
 #31535


Sweet indeed, I confess I thought it would be tomorrow...

But it feels sweet.  $200 next..?

Yes it is amazing, yesterday i was analizing the carts and i saw that it was at $76 each one, so i decided to buy a few moneros today. But it is not at $100 hahah, i dont think i will buy now because i can smell a retracement in the upcoming days. As it happens everytime, a high pump, and then a little retracement.
I think that i can get to $85 tomorrow, or in the next week, and then keep going up

A little step back is inevitable, yes - but I have been hodling since the first listing on Polo and (net) buying ever since.

This is Gentlemen, this is serious wealth for those who weathered it all.

I am content.


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August 25, 2017, 10:41:40 PM
 #31536

Yes it is amazing, yesterday i was analizing the carts and i saw that it was at $76 each one, so i decided to buy a few moneros today. But it is not at $100 hahah, i dont think i will buy now because i can smell a retracement in the upcoming days. As it happens everytime, a high pump, and then a little retracement.
I think that i can get to $85 tomorrow, or in the next week, and then keep going up

It is not so important, what is important IMHO is upcoming two day rollercoaster (or tsunami)


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August 25, 2017, 10:50:23 PM
 #31537

I think this .0242 is where it's being held, It's trying so hard to break through it. But when who ever it is wants to release it and when they do it will go mental.
But the dips are getting lower, I think it could break through today maybe.

Though Bithumb has been pushed back a week so might be more than a few day roller coaster. What were the market Abnormalities they spoke of?

www.dlsag.ch      1ex.trade
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August 25, 2017, 11:10:23 PM
 #31538

Monero has been in a consolidation mode for a year with respect to Bitcoin since it has not yet broken the 0.0265 XBT ATH. My take is that if the 0.0265 XBT ATH is broken on good volume then all bets are off. TO understand this I would suggest taking a look at the weekly chart with an exponential scale. https://bitcoinwisdom.com/markets/poloniex/xmrbtc. Play around with the chart look at volume and MACD. Draw some lines and reach you own conclusions. I see the situation now as very similar to the testing of ~0.004 XBT in 2016 or the ~0.004 hihg in 2015. A break on strong volume saw an ~6x increase in XMR/XBT. (2016) One the other hand if the resistance holds then expect some more consolidation (2015).

Personally I just hold my long term XMR position and watch the fireworks. Sometimes when one is well positioned for the long term the best thing to do in the markets can be nothing.

Edit: When it comes to the short term for the most part in the past I have been wrong. So I focus only on the long term. 

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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August 25, 2017, 11:16:45 PM
 #31539

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August 25, 2017, 11:20:26 PM
 #31540

I think this .0242 is where it's being held, It's trying so hard to break through it. But when who ever it is wants to release it and when they do it will go mental.
But the dips are getting lower, I think it could break through today maybe.

Though Bithumb has been pushed back a week so might be more than a few day roller coaster. What were the market Abnormalities they spoke of?



.0242 has been broken. Smiley
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