[XMR] Monero Speculation

[pönde]

Does bitstamp.net have any withdrawal limits on fiat or krypto?  I Did not find  any.

[Globb0]

any monero backed credit cards yo can use ?

[astronaut_in_the_sky]

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

That's not right bro, monero is actually useful

[jeda2000]

There is a rumor going around that Coinbase will get into Monero. I do not know how real this news is. But even the rumor can raise the price. My personal idea; these reports may come true.

[Febo]

...something that might or not might happen in 10+ years is a bit waste of time.    

That depends a lot on your investment horizon and your discounting as a function of time.  If you want an asset that will achieve high value in 10 years, then it makes sense to think ten years ahead   if you see the bulk of the discounted opportunity as occuring on a ten year time scale, then it makes sense to try to estimate a prior distribution on that opportunity.

This being the speculation thread, most folks are looking for rapid short term moves, but even distant speculations are speculations, and entirely suited to the thread topic.  

It has generally been longer term speculations that have given me the most gains and the fewest losses, so I am biased towards considering events on a monthly to yearly to decade-wise time scale, personally.  The shorter term stuff is driven by mostly exogenous impulses and fickle  sentiments that are predictable only with a lot of effort and to a limited degree (absent inside information).  The longer arc is more fundamentally determined, and hence more reliably predictable, in my experience.

I will be happy to see when Monero will have today's Bitcoins number of transactions. It is hard for em to see beyond that. And period I am assuming that will need to pass to achieve that looks like a long term in crypto to me.  We are lucky we have Bitcoin that will try solutions first.  Seeing what they will do and  what that will bring to Bitcoin and how it will preform, will also help me to get much clearer picture.

[tokeweed]

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing.   Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point.  There's no need denying the fact that Monero has been going sideways lately.  But it's all good.  Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's.  Once that happens where do you think everyone will run to?  Dash, Zcash?  Oh I hope they do.  It's the only way for everyone to realize which crypto is the best.

[vince212]

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing.   Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point.  There's no need denying the fact that Monero has been going sideways lately.  But it's all good.  Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's.  Once that happens where do you think everyone will run to?  Dash, Zcash?  Oh I hope they do.  It's the only way for everyone to realize which crypto is the best.

monero has been sideways and dipping to 290 range for a while. that is why im thinking it is the start of a dump. sold at 0.019 now it is 0.016

gee sometimes it is hard to ask in btc talk. a lot of people are so biased on their favorite coin. 

[fromholland]

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing.   Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point.  There's no need denying the fact that Monero has been going sideways lately.  But it's all good.  Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's.  Once that happens where do you think everyone will run to?  Dash, Zcash?  Oh I hope they do.  It's the only way for everyone to realize which crypto is the best.

monero has been sideways and dipping to 290 range for a while. that is why im thinking it is the start of a dump. sold at 0.019 now it is 0.016

gee sometimes it is hard to ask in btc talk. a lot of people are so biased on their favorite coin. 

volatility is not the same as a dump. Today btc is on the rise again, so compared to btc is xmr going down a bit, yes. I don't want to call it a dump though, in fact I call it a great buying opportunity. that's what I just did, trade some more btc for some more xmr. 

[bitcoinvest]

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing.   Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point.  There's no need denying the fact that Monero has been going sideways lately.  But it's all good.  Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's.  Once that happens where do you think everyone will run to?  Dash, Zcash?  Oh I hope they do.  It's the only way for everyone to realize which crypto is the best.

monero has been sideways and dipping to 290 range for a while. that is why im thinking it is the start of a dump. sold at 0.019 now it is 0.016

gee sometimes it is hard to ask in btc talk. a lot of people are so biased on their favorite coin. 

volatility is not the same as a dump. Today btc is on the rise again, so compared to btc is xmr going down a bit, yes. I don't want to call it a dump though, in fact I call it a great buying opportunity. that's what I just did, trade some more btc for some more xmr. 

i agree with you. i just grabbed some more at 242 level that i think is cheap coins...

[vince212]

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing.   Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point.  There's no need denying the fact that Monero has been going sideways lately.  But it's all good.  Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's.  Once that happens where do you think everyone will run to?  Dash, Zcash?  Oh I hope they do.  It's the only way for everyone to realize which crypto is the best.

monero has been sideways and dipping to 290 range for a while. that is why im thinking it is the start of a dump. sold at 0.019 now it is 0.016

gee sometimes it is hard to ask in btc talk. a lot of people are so biased on their favorite coin. 

volatility is not the same as a dump. Today btc is on the rise again, so compared to btc is xmr going down a bit, yes. I don't want to call it a dump though, in fact I call it a great buying opportunity. that's what I just did, trade some more btc for some more xmr. 

yea i know. that is why im asking opinions.  as you can see my original post is do you guys think this is a start of a dump.
everyone wants to sell before a dump then buy at a lower price to get more coins

[bitcoinvest]

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later   i have coins from the time of 20 eur and less... since then i only buy...

[vince212]

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later   i have coins from the time of 20 eur and less... since then i only buy...

just asking if guys here think there will be one.
im not saying there will be.

-_-

[generalizethis]

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later   i have coins from the time of 20 eur and less... since then i only buy...

just asking if guys here think there will be one.
im not saying there will be.

-_-

I get the feeling that no one knows how to price-in coinbase, or if they should--so...

Multisig and hardware wallet feel like they've been priced-in, just by how the market clicked up when those looked imminent. Was kind of suprised by the jump with coral reef as that was a terribly kept secret, so what do i know.

[explorer]

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later   i have coins from the time of 20 eur and less... since then i only buy...

Staying above $300 for the most part.  $300 DOLLARS!

Remember Risto's probability case( I think we were ~30 cents at the time ) for each of: $3 $30 $300 $3000 ?
  I would suspect that we are in for another 10x somewhere in the next year.  What then?

[buntyboy]

I've just submitted my laddered XMR/BTC buy orders from 0.016 downwards.
It's insanity at these prices when the XMR transaction count is higher than 1.8% of BTC's.
Happy if they get hit, Happy if they don't. 

[fromholland]

everyone wants to sell before a dump then buy at a lower price to get more coins

It might surprise you, but I think a substantial portion of the people inhere don't. They just hold and buy more, never sell.

[explorer]

everyone wants to sell before a dump then buy at a lower price to get more coins

It might surprise you, but I think a substantial portion of the people inhere don't. They just hold and buy more, never sell.

It's a scarce commodity.  Dumping is risky.  Fewer XMR come into being each day than the last.  Exponentially more exposure every day.  That alone is going to require a pressure suit to deal with.  Bullet Proofs,  hard wallets, soft wallets, exchanges, vendors - This is all accelerating together.  Andreas' recent talk exactly described Monero, though he disdains to mention it by name.  People are starting to click that fungibility is a thing, and they don't have it.  Short term, ask range driver or someone.  Mid to long term, I can't help but be ridiculously bullish.

[Tomohisa]

Oh damn BTC is wake up, at least we have a fun ride.

[foggywhite007]

Monero is surprisingly well kept in that time when BTC starts to grow. I think if at such time she is stable when the cue ball a little tired she'll go to to $ 500.
I think next year will be a real boom in the fully anonymous cryptocurrency. Monero, is definitely the leader.

[aminorex]

Remember Risto's probability case( I think we were ~30 cents at the time ) for each of: $3 $30 $300 $3000 ?

I always thought his estimates were pessimistic. My estimates proved pessimistic as well, but his more so. Crypto always surprises me with the scale of it's momentum, and of it's volatility.

 I would suspect that we are in for another 10x somewhere in the next year.  What then?

By 2022 the mining flow will be a tenth of what it is now, so if the incremental demand remains unchanged in value, a 10x in that time is a given.  Any more rapid increase would require accelerated demand.  That could come from market adoption, from crypto sector popularity, from diversification flows within crypto, from adverse events in comparables, from technical advances, ... Or any one or more of dozens of other causes.

Given the degree of skepticism in alts, after further consideration, I doubt that multisig etc is fully priced in.  This is a very show-me environment.  It's advent won't affect the true believers, but the majority of potential reserve demand sources will not be convinced until it is working on mainnet.  "Sell the news" does not seem to work so well in alts.