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ifyousmell
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August 25, 2017, 05:20:24 PM |
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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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c789
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August 25, 2017, 05:38:28 PM |
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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 $5 in BTC (or any other public blockchain) looks up your BTC address and sees that you have a large sum of money attached to that address and decides to pay you a visit later with a monkey wrench and a blowtorch to get your private key and/or password. With Monero, this can't happen since it's truly private. People knowing how much money you have or how you've spent that money can lead to bad things even though you did nothing illegal or immoral. Monero keeps your financial information safe, and that can also keep you safe.
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Learning2Fly
Newbie
Offline
Activity: 32
Merit: 0
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August 25, 2017, 05:53:19 PM |
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I held XMR for a long time at around 50$....sold most and then it doubles....why!?
At least it went into omg where I got better gains.
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infofront
Legendary
Offline
Activity: 2646
Merit: 2793
Shitcoin Minimalist
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August 25, 2017, 08:40:44 PM |
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I held XMR for a long time at around 50$....sold most and then it doubles....why!?
Strong hands are rewarded.
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silverston
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August 25, 2017, 08:55:32 PM |
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I held XMR for a long time at around 50$....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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wojak
Member
Offline
Activity: 140
Merit: 10
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August 25, 2017, 09:30:58 PM |
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Are we on same bittrex? $99,84 hold your horses
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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August 25, 2017, 09:39:13 PM |
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I held XMR for a long time at around 50$....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..?
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我想要火箭和火车
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Bitcoinaire
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August 25, 2017, 09:45:11 PM |
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About to break $99?
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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August 25, 2017, 09:58:55 PM |
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About to break $99?
Not yet, but... Soon™
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我想要火箭和火车
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Bitcoinaire
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August 25, 2017, 10:18:46 PM |
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About to break $99?
Not yet, but... Soon™ $100.52 poloniex, sweet.
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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August 25, 2017, 10:24:58 PM |
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About to break $99?
Not yet, but... Soon™ $100.52 poloniex, sweet. Sweet indeed, I confess I thought it would be tomorrow... But it feels sweet. $200 next..?
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我想要火箭和火车
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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August 25, 2017, 10:41:32 PM |
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About to break $99?
Not yet, but... Soon™ $100.52 poloniex, sweet. 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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我想要火箭和火车
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wojak
Member
Offline
Activity: 140
Merit: 10
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August 25, 2017, 10:41:40 PM |
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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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thoth-Atlantian
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August 25, 2017, 10:50:23 PM |
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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?
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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August 25, 2017, 11:10:23 PM |
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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.
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topcigars
Newbie
Offline
Activity: 136
Merit: 0
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August 25, 2017, 11:20:26 PM |
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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.
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