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Author Topic: [XMR] Monero Speculation  (Read 3200230 times)
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LennyCarl
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January 17, 2018, 04:34:32 AM
 #36121

My bet is always the same: 5X wherever the price stabilizes, 45ish days after the bottom. So if we stick around $300 moving forward, that puts us at $1500 in early March.

That will nicely fall in line with my $777 price on Feb 27! I also picked this date as it's just a few days after the official Chinese New Year celebration ends (scientific!). I actually took some trading moneros off the table around 0.0295 expecting there will be a decline for the next 4 weeks or so. I just wish I wasn't so timid. Still waiting to buy back in and then some.
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January 17, 2018, 02:07:06 PM
 #36122

It seems we are not safe yet... 400 bi total marketcap is a support... hope we hold
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January 17, 2018, 03:04:15 PM
 #36123

It seems we are not safe yet... 400 bi total marketcap is a support... hope we hold

Never a worry with XMR. Just fill yer boots with as many as you can. We have been here many times before, and those long term hodlers are so used to these cycles we just ride them, i used to get so stressed and depressed when xmr tanked, now i almost find it amusing that its become so predictable.

made me laugh as well that so many put the btc tank down to the Asian exchange news....seems to work everytime still. Bitcoin is a technical beast, fundamentals seem to be orchestrated perfectly to fit its technical trading. Honeybadger dont give a monkeys.
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January 17, 2018, 03:33:55 PM
 #36124

If btc find its suppprt on 8000 then xmr will be below 230... correction was needed, but it looks scary. As long as crypto still has a future, I hodl and believe in xmr
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January 17, 2018, 03:46:18 PM
 #36125

Well, the pros here have proved their worth again.
Will momentum carry the market lower? There's not even a dead cat bounce.
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January 17, 2018, 05:56:48 PM
 #36126

Developers meting had one good and one bad news.   Good news is that MyMonero and Apple after 2 months of no news started moving again.  Bad news is that there is tiny chance we will see Bulletproofs in springs hardfork. There will be another developers meeting next Sunday about it.

That was the impression I had from the meeting too. However, see this comment from snoether, one of the two Monero cryptographers:

https://www.reddit.com/r/Monero/comments/7ql3w7/what_can_the_community_we_do_to_make_sure/dsq33x3/

Seems like BP's might well be ready for March HF.

On meeting he said that he will have meeting with those that are making review yesterday. So basically whatever he said today would be legitimate. And also that on Sunday will be next dew meeting just about bulletproofs.  I do believe we will hear quite final decision on Sunday.

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January 17, 2018, 05:58:45 PM
 #36127

I only have a small amount of Monero in my wallet with I mined with my graphics card. But while looking at the charts I can see that the most powerful altcoin is Monero. You can understand just by looking at the weekly logaritmic graphics and see that it is really different from all the rest altcoins, it moves its destination. I understand that Monero's specialities makes it different, and people think privacy that Monero offers is very important.
In the future if most of the altcoins would be dead, Monero will not be one of them.
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January 17, 2018, 08:36:46 PM
Last edit: January 17, 2018, 10:08:37 PM by Billy Bunter
 #36128

Have we hit the bottom? Or is this just a bounce?

Edit: I think we've hit it and given it a couple of smacks around the face. Told it we were through, and that it could go to hell. We are so over it.

Baguette Holder.
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January 17, 2018, 11:47:21 PM
 #36129

The whole market has been undergoing a downward movement. Monero got what he got from this. But I think it is the first project to recover.

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January 18, 2018, 02:44:31 AM
 #36130

The whole market has been undergoing a downward movement. Monero got what he got from this. But I think it is the first project to recover.

looks good to me? https://bitcoinwisdom.com/markets/poloniex/xmrbtc
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January 18, 2018, 05:26:19 AM
 #36131

Some of my thoughts on Monero and the current crypto currency boom.

Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.

The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.

The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea
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January 18, 2018, 05:50:48 AM
 #36132

Monero was wounded after a massive fall. But I think that you will gather soon. Already the market's robust projects. We need to wait.
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January 18, 2018, 05:58:03 AM
 #36133

Some of my thoughts on Monero and the current crypto currency boom.

Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.

The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.

The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea

https://steemit.com/bitcoin/@sayyedraza/xmr-monero-speculation

is there a point to plagiarizing a 7 month old steemit post?
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January 18, 2018, 06:17:53 AM
 #36134

Some of my thoughts on Monero and the current crypto currency boom.

Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.

The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.

The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea

https://steemit.com/bitcoin/@sayyedraza/xmr-monero-speculation

is there a point to plagiarizing a 7 month old steemit post?

Increase post count for his signature campaign I would say
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January 18, 2018, 07:13:34 AM
 #36135

is there a point to plagiarizing a 7 month old steemit post?

Sig campaign of course!

At least its more effort than the typical "Monero is private... I like private.. therefore I like Monero"
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January 18, 2018, 07:40:36 AM
 #36136

It seems we are not safe yet... 400 bi total marketcap is a support... hope we hold

Never a worry with XMR. Just fill yer boots with as many as you can. We have been here many times before, and those long term hodlers are so used to these cycles we just ride them, i used to get so stressed and depressed when xmr tanked, now i almost find it amusing that its become so predictable.

made me laugh as well that so many put the btc tank down to the Asian exchange news....seems to work everytime still. Bitcoin is a technical beast, fundamentals seem to be orchestrated perfectly to fit its technical trading. Honeybadger dont give a monkeys.


Yes! When you get more seasoned to this volatile market, you will find more peace in the changes. Just HODL Smiley
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Also along with privacy marketplace Particl (PART)  Grin

And of course, LBRY (LBC) is king of digital content. Not shit like Tron.  Grin

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January 18, 2018, 01:30:03 PM
 #36137

is there a point to plagiarizing a 7 month old steemit post?

Sig campaign of course!

At least its more effort than the typical "Monero is private... I like private.. therefore I like Monero"

Actually this forum rule is that  plagiarizing is insta perma ban. Basically the most steady rule of this forum.

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January 18, 2018, 03:54:49 PM
Last edit: January 18, 2018, 04:12:59 PM by rdp
 #36138

Anyone experiencing issues with XMR on Cryptopia? I have a withdraw in "processing" state since 12th and no response from support. Support page says that it is taking 12 days to answer, so I am waiting, but today I sent some to test (0.04) and it is not showing up there as well...

EDIT: Found out that Cryptopia client is not synced with network. It seems stuck at 1488276... https://www.cryptopia.co.nz/CoinInfo/?coin=XMR   Shocked Shocked Shocked
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January 18, 2018, 05:34:57 PM
 #36139

is there a point to plagiarizing a 7 month old steemit post?

Sig campaign of course!

At least its more effort than the typical "Monero is private... I like private.. therefore I like Monero"

Actually this forum rule is that  plagiarizing is insta perma ban. Basically the most steady rule of this forum.

What does a sig campaign mean?
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January 18, 2018, 05:38:21 PM
 #36140

You have to display the signature for a period of time and make so many posts per week to earn some stake or token.




Don't complain about the floods, floods happen. Be a boatbuilder.
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