[XMR] Monero Speculation

[kurious]

It will be interesting to see how this bch pump ends. Not going to predict that money gets funneled into alts (or the only one more cash than btc cash), so I won't.

I can't see BCH going away, it's now basically the only fork, Jihan is not selling his mined stash in order to prop it up and (to some extent) it is a little bit of 'black swan event' insurance if Segwit / Lightning - or even scaling prove to be an issue down the line.

Core has won, for now - but having a few BCH must look worthwhile to some...

I would be taking advantage of the pump, rather than doubling down on a poor man's digital cash, but that's me.

I agree, and most of what I ever get incoming goes into XMR and BTC which is 90% + of what I hold in crypto.  If it wasn't for the boating accident XMR would be way over 65% of my entire CC holdings (hodlings, even?) by now...

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[kurious]

Damn you, Monero - Bitcoin goes up and you slide down as a rule.

Now it's going down and you too?   We need to talk.

[walonek]

Hahaha this is perfect short coin. Simply perfect.
Down to 0.015 lvls in this leg.

[Hueristic]

Am I going crazy or it says [XMR] Monero Speculation in the Subject line of this topic? What's up with these chinese bitcoin posts?

The larger picture of the market is very relevant.

OK fair enough, but speculation on where the money in the market is going (especially if it isn't XMR) is not totally irrelevant.

To stay OT then:  

We stalled before 0.017, meaning the daily won't be green - why do you think that is?

Looks like profit taking already? It seems like this market has been irrational (from what it has been for years) but I'm concluding that the sheer scale of the players are back to market manipulators and this might be an indicator of another BTC rise.

We get added to a new exchange two new exchanges and - whad'ya know? - the price goes down.

The longer I'm in this market, the less I know.

I hear you, We need a Bill Maher's New rules market segment whenever this shit changes, Lol
I almost closed my long (still in red) @170 figuring there would be a retrace but just don't feel confident in calling either the top or the bottom of these swings anymore.

It will be interesting to see how this bch pump ends. Not going to predict that money gets funneled into alts (or the only one more cash than btc cash), so I won't.

I can't see BCH going away, it's now basically the only fork, Jihan is not selling his mined stash in order to prop it up and (to some extent) it is a little bit of 'black swan event' insurance if Segwit / Lightning - or even scaling prove to be an issue down the line.

Core has won, for now - but having a few BCH must look worthwhile to some...

I would be taking advantage of the pump, rather than doubling down on a poor man's digital cash, but that's me.

I too, If I wasn't 100% XMR I would have already done that. Then I would be wondering when the re-entry point would be. Hah this market hurts my head.

[garytheasshole]

I closed mine at 017 also and opened another at 0161 in a bit of trouble now hope it recovers.

[Hueristic]

I closed mine at 017 also and opened another at 0161 in a bit of trouble now hope it recovers.

I wish I had, I thought about it but backed out not knowing where to call it anymore. I'ts like being in the first day of school after the summer break since Alphabay and more so after BitThunb.

OK fair enough, but speculation on where the money in the market is going (especially if it isn't XMR) is not totally irrelevant.

To stay OT then: 

We stalled before 0.017, meaning the daily won't be green - why do you think that is?

Looks like profit taking already? It seems like this market has been irrational (from what it has been for years) but I'm concluding that the sheer scale of the players are back to market manipulators and this might be an indicator of another BTC rise.[/quote]

W0w, looks more like a BCH rise.

https://poloniex.com/exchange#usdt_bch

Who woulda thunk it? Man
I need to get the memo on this shit! Where's my chinese connection? We say bitcoin banned but BCH good now.

[kurious]

Dbl

Delete plz

You can delete your own posts, if that is what you mean?

[Hueristic]

You can delete your own posts, if that is what you mean?

Thats funny, I've never had to look for that button before! I was in edit mode trying to find it.

Damn I wish I had a Bitfinex account and some liquid BTC, BCH just looks perfect for a Good short!

[Nathan047]

Damn I wish I had a Bitfinex account and some liquid BTC, BCH just looks perfect for a Good short!

Is there really any time that BCH looks bad for a short?

[Hueristic]

Damn I wish I had a Bitfinex account and some liquid BTC, BCH just looks perfect for a Good short!

Is there really any time that BCH looks bad for a short?

about an hour ago. Lol

[Nathan047]

Damn I wish I had a Bitfinex account and some liquid BTC, BCH just looks perfect for a Good short!

Is there really any time that BCH looks bad for a short?

about an hour ago. Lol

I guess I stand corrected. I really was not expecting that, although then again maybe that's why I don't short.

[walonek]

So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short.
0.015 roea not hold test of 0.011 incoming

[Detective Cuffs]

So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short.
0.015 roea not hold test of 0.011 incoming

My thought was "downtrend walonek must have commented about this drop", lo and behold he's back crying wolf.   Predicted this like predicted NoMore correction. Not impressed. All I see here is that we are now, probably, in a bull market.

[cAPSLOCK]

So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short.
0.015 roea not hold test of 0.011 incoming

I'm rooting for your .011 prediction.  I'll go ahead and set some buy orders at .0114.  Happy if they're filled.  happy if they aren't.

[walonek]

So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short.
0.015 roea not hold test of 0.011 incoming

My thought was "downtrend walonek must have commented about this drop", lo and behold he's back crying wolf.   Predicted this like predicted NoMore correction. Not impressed. All I see here is that we are now, probably, in a bull market.

Probably? I think now is the btc fall to the core. Yep maybe nomore/btc bulltrend. Unfortunately not good for btc. I said i invest in more promising and more speculative coin? I did when this short was closed. And i do not regret. Guess what gets more when btc is falling.

[Anon136]

Damn I wish I had a Bitfinex account and some liquid BTC, BCH just looks perfect for a Good short!

Is there really any time that BCH looks bad for a short?

about an hour ago. Lol

I guess I stand corrected. I really was not expecting that, although then again maybe that's why I don't short.

You have to remember there is atleast one irrational bitcoin whale out there who is trying to use his force of will to make BCH succeed because of his "principles". So that one could continue to surprise. I'll say this though. If he succeeds and causes the market to fracture in a big way or even worse cause BTC to lose all value and BCH to become BTC it will undermine our whole sector. We will look like a joke to outsiders. That price is already doing this but it isn't as bad as it could be. Yet...

[mnemonicsoup]

Damn I wish I had a Bitfinex account and some liquid BTC, BCH just looks perfect for a Good short!

Is there really any time that BCH looks bad for a short?

about an hour ago. Lol

I guess I stand corrected. I really was not expecting that, although then again maybe that's why I don't short.

You have to remember there is atleast one irrational bitcoin whale out there who is trying to use his force of will to make BCH succeed because of his "principles". So that one could continue to surprise. I'll say this though. If he succeeds and causes the market to fracture in a big way or even worse cause BTC to lose all value and BCH to become BTC it will undermine our whole sector. We will look like a joke to outsiders. That price is already doing this but it isn't as bad as it could be. Yet...

Finally, someone get's it. I've been thinking this all along. All these people on /r/cryptocurrency hoping that BTC will fail, so that their own coin may thrive, are delusional. It's way too early for BTC to give up the reigns. This could set the cryptosphere back for years.

[Detective Cuffs]

So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short.
0.015 roea not hold test of 0.011 incoming

My thought was "downtrend walonek must have commented about this drop", lo and behold he's back crying wolf.   Predicted this like predicted NoMore correction. Not impressed. All I see here is that we are now, probably, in a bull market.

Probably? I think now is the btc fall to the core. Yep maybe nomore/btc bulltrend. Unfortunately not good for btc. I said i invest in more promising and more speculative coin? I did when this short was closed. And i do not regret. Guess what gets more when btc is falling.

Yes, probably, because nobody can predict the future with 100% accuracy, and you blew your credibility with words like "NoMore will do this or do that". And i can see now you start to use "I think" and "maybe" Good for you, sir, you started to learn that ppl wont listen to your certain "knowledge" of speculation. Basics of quality trolling, get your shit together.

[walonek]

Downtrend to 0.010 was 100% sure after 0.02 break. I said i think? I was mistaken i always say something will happen when coinditions match and if not sure i give %. I do not think something happens. I know just conditions must be met. 0.015 do not hold 0.01 tests again

[Anon136]

You have to remember there is atleast one irrational bitcoin whale out there who is trying to use his force of will to make BCH succeed because of his "principles". So that one could continue to surprise. I'll say this though. If he succeeds and causes the market to fracture in a big way or even worse cause BTC to lose all value and BCH to become BTC it will undermine our whole sector. We will look like a joke to outsiders. That price is already doing this but it isn't as bad as it could be. Yet...

Finally, someone get's it. I've been thinking this all along. All these people on /r/cryptocurrency hoping that BTC will fail, so that their own coin may thrive, are delusional. It's way too early for BTC to give up the reigns. This could set the cryptosphere back for years.

It's even more than. A failure of governance in bitcoin will make the world wary of governance risk in altcoins as well.