[XMR] Monero Speculation

[mnemonicsoup]

The good thing about being out of the top ten even at this ath price is that XMR is even more underpriced now.

I read so many good things about Monero, it's great to see how much wider appreciation it has found. No other Crypto embodies the "Keeping it real" spirit as much as Monero.

[1714939752]

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[1714939752]

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[cryptimus prime]

Congratulations too all my beloved Monero brethren and sisters world wide. 
Thanks and a deep bow to our developers, community and to the crazy pony.

[kurious]

Over $200, ladies and gents.

Sweet!

Now for new heights.....

[CryptoPH]

Over $200, ladies and gents.

Sweet!

Now for new heights.....

Congratulations everyone! XMR FTW!

[infofront]

Over $200, ladies and gents.

Sweet!

Now for new heights.....

Cheers! 

[rinus]

and we go back down , pretty hard as it seems. I really prefer slow steady growth with a good base , the last few days was crazy... in all top 10 alts it seems

[gembitz]

The good thing about being out of the top ten even at this ath price is that XMR is even more underpriced now.

I read so many good things about Monero, it's great to see how much wider appreciation it has found. No other Crypto embodies the "Keeping it real" spirit as much as Monero.

XMR is like bitcoin 2013 prices and fundamental values behind the coin anonymous peer to peer digital bitcoins :-D ~XMR is the real bitcoin for anonymous transactions~ ideas?

[KeyJockey]

The thing that astonishes me is that they have left the door of speculation that this is NOT the case WIDE OPEN.

Even if not freely exchangeable without hurdles and restrictions, it would help if they just did a damn audit to prove that the USD exists.

Unwillingness to show a public audit screams scam (of some type). Period. There is no other explanation.

My take on this is that Tether probably didn't start out intending to be a scam: if it WAS larceny from the start then why in God's name did they set it up with a visible, open, transparent "looks like a real blockchain" that they publicly issue the fake backed-by-nothing tokens on?  That'd be the most supremely stupid thing they could have done! If it was a scam from the start they'd have set up something to "issue the tokens" privately or "encrypted for your protection" kind of thing.

No, lately I think it started out okay and might even have actually BEEN $1 for 1 backed at the start.  But then "shit happened" and it all got away from them, they started running the printing press to try and reign it back in, bitcoin went naturally parabolic (or they caused it to go parabolic, chicken/egg here) and it got even FURTHER away from them, they're trying to reign it back in *more* by stupidly doing more of the same... and down the black hole spiral we go.

The only big remaining (literal) $64,000 question is: HOW is this possible implosion going to affect all OTHER crypto?

[TinFoilHat ON]

Also IF the alleged "Operation DragonSlayer" is something real, seems to me they're now waiting for a more opportune moment to try again (the weekend "pump & dump" a couple weeks ago was, IMHO, a first attempt that *almost* succeeded... stopped only by a last-minute "unplugging" of the entire Korean exchange)

Their second-attempt will need to be across more than one single exchange and due to the new DAA will have to be fueled by a bit more 'organic' price action too... a Tether Triggered Crash in BTC and/or some kind of CME option for shorting BTC might do the trick... or not... if it's really even possible at all (?)

[TinFoilHat OFF]

Anyway, sorry for a bit off-topic: this is Monero Spec after all.

One way or another I know IF all the shit going down in BTC world eventually means "bitcoin" consumes itself in a giant self-immolation ball of flame, that my little XMR stash will save the day

(Oh, heh, that is... the small amount I have left that didn't blow overboard off the sailboat last summer, still really bummed out about that, dontcha know )

[gembitz]

While bitcoin thunders past $10300,  Monero quietly passes the 100000% mark for the cheapest XMR.  Cheers

Gains have been pretty awesome for XMR recently, I've been loving the volatility

XMR will head towrds $500 soon is we have an early adopters group coming on board :-D #xmrwhales



https://poloniex.com/exchange#btc_xmr

[Febo]

Over $200, ladies and gents.

Price is nice and all but I just have so strange felling. Huge difference with Bithumb compared other exchanges. I dont know.  I would give 1 % chance Monero would be $200 now, so I should be endlessly happy as Monero maximalist. But I just dont know.

[cAPSLOCK]

Over $200, ladies and gents.

Price is nice and all but I just have so strange felling. Huge difference with Bithumb compared other exchanges. I dont know.  I would give 1 % chance Monero would be $200 now, so I should be endlessly happy as Monero maximalist. But I just dont know.

Suddenly we are moving in concert with BTC again, which is making the USD value super swingy!

[rinus]

Over $200, ladies and gents.

Price is nice and all but I just have so strange felling. Huge difference with Bithumb compared other exchanges. I dont know.  I would give 1 % chance Monero would be $200 now, so I should be endlessly happy as Monero maximalist. But I just dont know.

Suddenly we are moving in concert with BTC again, which is making the USD value super swingy!

btc is making a correction i see... wonder how deep this will go... hopefully we see 200 by the end of the year again

[Nathan047]

Any predictions for 2018 guys?

Lets see, how about:
Q1 300$
Q2 500$
Q3 600$
Q4 800$

Sound about right?

[Anon136]

The good thing about being out of the top ten even at this ath price is that XMR is even more underpriced now.

I read so many good things about Monero, it's great to see how much wider appreciation it has found. No other Crypto embodies the "Keeping it real" spirit as much as Monero.

XMR is like bitcoin 2013 prices and fundamental values behind the coin anonymous peer to peer digital bitcoins :-D ~XMR is the real bitcoin for anonymous transactions~ ideas?

Monero has always felt more like the early days of bitcoin than any other altcoin community I have been involved in.

Over $200, ladies and gents.

Price is nice and all but I just have so strange felling. Huge difference with Bithumb compared other exchanges. I dont know.  I would give 1 % chance Monero would be $200 now, so I should be endlessly happy as Monero maximalist. But I just dont know.

Suddenly we are moving in concert with BTC again, which is making the USD value super swingy!

btc is making a correction i see... wonder how deep this will go... hopefully we see 200 by the end of the year again

A very good thing that it is making a correction. It was starting to run up too fast. When ever these things start to run away too fast the inevitable correction gets more and more severe.

[jednostka]

Monero's price will rise to the same level as any other Dash. I'm sure of that. So I do not expect the price of Monero to rise, I only check once a day and I do nothing else.

[aminorex]

A shining example of why you should always have a few long shot orders down in the book.

[Hueristic]

There is an enormous amount of hate for bfx, but I have found it powerfully useful regardless.  It is my biggest market making moneymaker now by far.  Of course market making is pointless in times like this, when it is just going straight up.

I don't think it's hate per se but fear of an exit with the tether issues and the fiat doors all closed. Being targeted by the US Gov is not an amiable position to be in!

While bitcoin thunders past $10300,  Monero quietly passes the 100000% mark for the cheapest XMR.  Cheers

I think I may have chosen poorly last week.
We'll see come end of Jan - beginning of Feb.
This BTC rocket ship has me baffled, There are some monster investors in now and we could see a HUGE crash.

[Anon136]

Why haven't we heard anything from wankalone lately It's like he just evaporated. I can't begin to imagine why.

[Flakka]

spoofing !! i hate it

[Proximity Scan]

I said I'm waiting prices above $200 in 2018, but it seems we saw the price around $200 this year. This is just amazing for monero society. The demand from assian market is big at the moment and the price will go up further next year, clearly.