[XMR] Monero Speculation

[Febo]

Will it raise to $200? What you guys think?

It's only 4:30AM in Korea right now... Ask again after trading on bitthumb opens at midnight KST.

Lol yes. Soon new Moreno day will start.   But I think the biggest might be the Monero Monday.

[muratsink]

I have a feeling that monero will pursue the ETH, but I do not know how the monero performance, whether my feelings will be true, how according to the members in this forum?

[explorer]

I have a feeling that monero will pursue the ETH, but I do not know how the monero performance, whether my feelings will be true, how according to the members in this forum?

Eth... What?  Oh. That's what that speed bump was.

[owlcatz]

Will it raise to $200? What you guys think?

It's only 4:30AM in Korea right now... Ask again after trading on bitthumb opens at midnight KST.

Lol yes. Soon new Moreno day will start.   But I think the biggest might be the Monero Monday.

Yes, you are correct, I keep thinking today is Sunday....

[Dotto]

The criptogoddess is about to open her mouth. Just listen

[kurious]

The criptogoddess is about to open her mouth. Just listen

I hear her, I hear the Siren's call...

She says... 

'Eeeeeeetttthhhh?  Wait until the ICO's are exposed as the fraud they are and it will fall'

And then, she whispered:

"Monero is the One True Path'

That said, I have been drinking - maybe I misheard?

[Dotto]

Is it just me? I get the feeling that most bitcoiners are pro monero in private, but shy away from public endorsement. Why is this? Is monero tainted in any way?

Good point. It happens to me as well. Everyone in the criptospace with two neurons and non completely amoral knows that ripple stinks (for example) and monero is kind of noble, high project, so it´s quite of unavoidable that pro-moneroshipness. Also been interested in privacy, maybe they don´t want to flag themselves as monero hodlers

[kurious]

Is it just me? I get the feeling that most bitcoiners are pro monero in private, but shy away from public endorsement. Why is this? Is monero tainted in any way?

Good point. It happens to me as well. Everyone in the criptospace with two neurons and non completely amoral knows that ripple stinks (for example) and monero is kind of noble, high project, so it´s quite of unavoidable that pro-moneroship. Also been interested in privacy, maybe they don´t want to flag themselves as monero hodlers

It was notable when the AlphaBay guy met his ignominious end, a fair few on the BTC Wall Observer thread said "why didn't the idiots just use Monero?' out of the blue.

I was surprised, it suddenly came out from a few sources like it was a no-brainer. No one challenged it.

It's considered 'treachery' to mention 'alts' there but I know a fair few (even infofront who is the mod of the WO, as well as Dotto, Arctic Mine and me who have always been WO regulars) pop in here and are actually Monero fans too.

Any well-performing alt threatens BTC dominance for those who are BTC Maximalists.  It's understandable.  However, Monero is definitely 'on the radar'.

[kurious]

Amateur TA thought.  XMR is currently looking oversold.

I am hoping the 0.03174 is developing as a new floor level.  Let's hope SK buys the hell out of it come the listing and 0.03 / $130 (ish) becomes the new 'bottom'?

A new level at > $200 is not implausible. Nor is Top 5 MC.

[Bitcoinaire]

With dash threatening $400, I feel a sense of calm as its assured monero will reach that and plenty more.

[kurious]

With dash threatening $400, I feel a sense of calm as its assured monero will reach that and plenty more.

The cream will rise.  

Rest assured, dash is not going to be able to use masternodes and artificial supply restriction to prop up a coin with Evan's flawed tech and no realistic use case forever...

Dash is the MySpace of the early crypto period.

[smooth]

Bear in mind that Dash has a much lower number of coins (about half) currently so in terms of market cap, $200 XMR = $400 DASH

[pa]

What a heady bull run! Several family members and friends, who'd been humoring or ignoring me for years, finally bought some XMR @ $50 and BTC @ $4000 in the past few weeks. The recent positive MSM coverage of Bitcoin finally convinced them that maybe cryptocurrency is here to stay. I won't feel fully vindicated until XMR is #1, 2, or 3 in market cap and, more importantly, liquidity & real world usage. I've never gone wrong by attending to aminorex's predictions and see no reason to doubt that four digit prices for XMR are plausible by 2018 or -19.

[ArticMine]

Bear in mind that Dash has a much lower number of coins (about half) currently so in terms of market cap, $200 XMR = $400 DASH

This is true; however Dash has traded below 1 XMR as recently as one year ago. For example in December of last year DASH/XMR fell below 0.7. https://poloniex.com/exchange#xmr_dash

Edit: In fact the history of prior XMR bull runs would indicate that DASH/XMR at ~3 is a sign that there maybe a fair amount of upside left in this XMR bull run.

[Hueristic]

Sold 90% of my XMR today I'm more of a short - term guy (uuu you silly ). So what do you think guys, are we going to sky rocket further?

Have fun buying back.

Where is TrueCryptonaire ?!?! lol

Crying like a little girl?

Bear in mind that Dash has a much lower number of coins (about half) currently so in terms of market cap, $200 XMR = $400 DASH

This is true; however Dash has traded below 1 XMR as recently as one year ago. For example in December of last year DASH/XMR fell below 0.7. https://poloniex.com/exchange#xmr_dash

When Dash finally crashes the exodus to XMR should be spectacular.

[cAPSLOCK]

Where is TrueCryptonaire ?!?! lol

Crying like a little girl?

Don't worry, he will be back telling us he "filled his bags with xmr" 2 weeks ago eventually.  He is smarter than all of us.  And his pepecash has made him rich.

[GreatOrchid]

And i still remember when everyone was talking bullshit about Monero  everyone said it was gonna drop to $20 because it was an useless coin.
Now it is at $140 each coin, i am glad i never believed in ur FUD's...
by the way, we are still on the road, i think monero can still go up a few, but it has to drop a bit.. just like it happens with bitcoin market, it goes up, and then down, and up again.

[Lucidius]

Little bit of correction to 0.02956000 starting bout an hour ago, cutting right thru the 0.03100000. The support thats been tested 8 times without fail in the last 12 hours.

I plan on hodl firm - this looks like a whale shakeup to me so they can accumulate on the cheap - look at these buys - they arent even trying to hide it in bot-stagger

Price                   XMR                   BTC                    Sum(BTC)
...
0.02950000   2404.31038159   70.92715626   164.47463687
...
0.02940000   2008.59405915   59.05266534   249.89291563
...

[Hueristic]

Where is TrueCryptonaire ?!?! lol

Crying like a little girl?

Don't worry, he will be back telling us he "filled his bags with xmr" 2 weeks ago eventually.  He is smarter than all of us.  And his pepecash has made him rich.

hahah No doubt.

[Lucidius]

(( I am dub-posting in here as this is the main XMR thread to me - I feel this info may be useful for those looking to mess around a little with the coming action ))

"Depositing period 2017.08.25 (Fri) 4:00 pm Payment address Open ~ 2017.08.28 (Mon) to 12:00 (Noon)"
That means the depositing period is ending Sunday 27th - 8PM Pacific - 11PM Eastern time for us on the other side of the pond. Take a look - the opening of the period coincides within 2 hours of the action we saw on the 25th, and since. It is well worth analyzing the parallels between volume, price, new floors, and the underlying reasons for these. As they say hindsight is 20/20.

"Trading period 2017.08.28 (Mon) Listing on Monero ~ 2017.08.31 (Thursday) Midnight"
I am assuming trading period starts immediately after the deposit period ends, which again would be Sunday 27th - 8PM Pacific - 11PM Eastern. However, if they really mean Monday at 00:00, that would be Sun 8AM PST - 11AM EST ie bout 9 hours from now.

The trading period ends Thursday for them. There is, strangely, a 1-day gap between then, and:

A 'Weekend Bingham Trading King' event this next weekend for them from Sat 00:00 to Sun 23:59 (don't forget to account for the -16 hours for PST / -13 hours for EST). It is from this event, if I understand correctly, that they will give out rewards for trading activity measured during, up to 100XMR (then worth $20K? 30K? more?). Expect said trading activity to be significant and perhaps insane - with this coming' Mondays' first round but mere foreplay.

I expect some weak-hand shaking by the whales as well, during the lulls (you can actually see one shakedown just a couple hours ago). Expect no mercy. Don't be fooled and sell at the dip only to watch them snatch everything back up on the cheap causing another spike! Be careful of these waves if you're going out there. I'll be playing around a little though

Anyways, hope this helps you guys. I've done some pretty heavy analysis on this and other trading frenzies by the koreans, and I am very optimistic to say the least and have hedged my bets accordingly. Try not to FOMO too hard once it starts! - make smart trades and don't let the emotions rule (but don't rule out that GUT either, Big Dog!)