[XMR] Monero Speculation

[Johnny Mnemonic]

$243 and falling. Anyone scared yet?

[rinus]

$243 and falling. Anyone scared yet?

Scared yes , selling NO! Hodl YES. Maybe this will turn out to be a stupid decision but I can’t think this is the end and I am willing to take the risk

[ultegra]

$243 and falling. Anyone scared yet?

yep im scared of not being able to get my btc to the exchanges fast enough to buy when we get near the $200 mark. When opportunity knocks dont let fear hold you back.

[johnalan]

$243 and falling. Anyone scared yet?

Nah. Using Polo:


Current cycle:
ATH: 478
Current low: 237
-50.4%

Last September:
ATH: 144
low: 71
-50.7%

Last May:
ATH: 57.69
low: 24.1
-58%

Sept 2016:
ATH: 15.24
low: 4.19
-72.5%

Also that time we hit 63usd? Remember that one? Yeah we fell by like 53% then too.

Couldn't give af.

Last time I checked sovreignless private internet money was still crypto's killer app. There are no other options out there.

If XMR ends 2019 below 1K usd I'll eat my dick.

If we break below 130usd I will change my tune. Because then we might have a systemic issue.

[Johnny Mnemonic]

$243 and falling. Anyone scared yet?

Nah. Using Polo:


Current cycle:
ATH: 478
Current low: 237
-50.4%

Last September:
ATH: 144
low: 71
-50.7%

Last May:
ATH: 57.69
low: 24.1
-58%

Sept 2016:
ATH: 15.24
low: 4.19
-72.5%

Also that time we hit 63usd? Remember that one? Yeah we fell by like 53% then too.

Couldn't give af.

Last time I checked sovreignless digital internet money was still crypto's killer app. There are no other options out there.

If XMR ends 2019 below 1K usd I'll eat my dick.

Well said. The way I see it, the quicker BTC crashes, the better it is for XMR. Let it fall to 4k USD. We'll still see 500% of the low by March.

[rinus]

$243 and falling. Anyone scared yet?

Nah. Using Polo:


Current cycle:
ATH: 478
Current low: 237
-50.4%

Last September:
ATH: 144
low: 71
-50.7%

Last May:
ATH: 57.69
low: 24.1
-58%

Sept 2016:
ATH: 15.24
low: 4.19
-72.5%

Also that time we hit 63usd? Remember that one? Yeah we fell by like 53% then too.

Couldn't give af.

Last time I checked sovreignless digital internet money was still crypto's killer app. There are no other options out there.

If XMR ends 2019 below 1K usd I'll eat my dick.

Well said. The way I see it, the quicker BTC crashes, the better it is for XMR. Let it fall to 4k USD. We'll still see 500% of the low by March.

Why so sure?

[Johnny Mnemonic]

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

[rinus]

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

That’s true, I have seen that many times last 2 years. But the dip now is different then all the others I think. The mothership is going down. This could have a huge impact on all crypto future.

[johnalan]

$243 and falling. Anyone scared yet?

Nah. Using Polo:


Current cycle:
ATH: 478
Current low: 237
-50.4%

Last September:
ATH: 144
low: 71
-50.7%

Last May:
ATH: 57.69
low: 24.1
-58%

Sept 2016:
ATH: 15.24
low: 4.19
-72.5%

Also that time we hit 63usd? Remember that one? Yeah we fell by like 53% then too.

Couldn't give af.

Last time I checked sovreignless digital internet money was still crypto's killer app. There are no other options out there.

If XMR ends 2019 below 1K usd I'll eat my dick.

Well said. The way I see it, the quicker BTC crashes, the better it is for XMR. Let it fall to 4k USD. We'll still see 500% of the low by March.

Why so sure?

Shorts need to close to be profitable

[johnalan]

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

But the dip now is different then all the others I think. The mothership is going down.

How do you mean?

[rinus]

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

But the dip now is different then all the others I think. The mothership is going down.

How do you mean?

Did bitcoin go down this much all the times xmr went down last year ?

[johnalan]

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

But the dip now is different then all the others I think. The mothership is going down.

How do you mean?

Did bitcoin go down this much all the times xmr went down last year ?

No, it did not.

But it has done this before, maybe you're right, but I think crypto will survive this...

[rinus]

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

But the dip now is different then all the others I think. The mothership is going down.

How do you mean?

Did bitcoin go down this much all the times xmr went down last year ?

No, it did not.

But it has done this before, maybe you're right, but I think crypto will survive this...

Let’s hope so. Its I risk I am willing to take . It would be nice to hear aminorix his opinion , or smooth or fluffy pony:)

[Johnny Mnemonic]

There has to be uncertainty in the market, otherwise there would be no reason for people to panic

When BTC fell 80% after its December '13 high, it took over a year to reach the bottom.

It's barely February. If we really are entering a bear market, I'm guessing it's going to be a quick one. More likely, it's just going to be a very turbulent (yet profitable) year in crypto.

[johnalan]

If we really are entering a bear market, I'm guessing it's going to be a quick one. More likely, it's just going to be a very turbulent (yet profitable) year in crypto.

This guy agrees: https://bitcointalk.org/index.php?topic=178336.msg29279653#msg29279653

[mike1003]

maybe.. lets see

[ultegra]

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

But the dip now is different then all the others I think. The mothership is going down.

How do you mean?

Did bitcoin go down this much all the times xmr went down last year ?

No, it did not.

But it has done this before, maybe you're right, but I think crypto will survive this...

Let’s hope so. Its I risk I am willing to take . It would be nice to hear aminorix his opinion , or smooth or fluffy pony:)

It's done it before and will do it again, hold onto your panties ladies, now is not the time to panic, just imagine if you had sold a chunk near the top you would be feeling pretty good now.

The fundamentals have not changed.

All Fluffyponza would tell you is to not invest in monero.

Just have faith in JM's rule of 5

[screwUdriver]

maybe.. lets see

Bitcoin, if we perceive it as an asset, has performed better than almost any other in the past 5 years. However, we can not foresee with certainty that the price will continue to rise.

[Globb0]

We are near the ATH in bitcoin terms. Not too worried here. We just need that to recover somehow.


When eventually Monero is truly useful it will release itself from its BTC ratio, and climb (I believe).

Its happening gradually but for now we are well positioned as the good partner for BTC.

[Hueristic]

do you guys think that BTCP (co-fork of ZCL and BTC) could have any impact on Monero? By impact I mean BTC holders that want to invest in a privacy coin could potentially prefer BTCP to Monero due to its name

Come back with some details.  How much premine? how much dev/marketing etc tax?  what emission curve?  Rich list? default privacy or opt-in? how large/active development team? How many actual full time cryptographers employed?  What company is backing it?  People 'investing' in it because of its name have little money, or soon will.  Looks like yet another (#30?) cash grab bitcoin fork, but I couldn't be bothered to waste my time looking it up.  Impact on Monero?  a small boost once a small percentage salvage a small part of their 'investment' and move it to Monero.  The con-men running the show will likely put profits to Monero also before they abandon their fork salad.

Add:

Since I tripped over it, I'll share this tidbit:

https://www.reddit.com/r/Monero/comments/7ud8bl/what_do_you_think_about_bitcoin_private/

So it's a fork of a scamcoin that the dev put a backdoor in and dumped by creating coins out of thin air! LMFAO I can't believe some retard would fork that shit! And whats worse is some retards are gonna buy it and get dumped on.

$243 and falling. Anyone scared yet?

I tried to get some usd on coinbase as it's the only portal I have right now but it's impossible now without doing the KYC shit. I'm probably the only one wishing for it to fall so I can get some.

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

That’s true, I have seen that many times last 2 years. But the dip now is different then all the others I think. The mothership is going down. This could have a huge impact on all crypto future.

This is not unexpected at all, alot of use were calling this last month and a few of us were calling it back in Nov, have you not been listening or only listening to the posts that you want to hear?

Why so sure?

I'll be more sure when the trolls arrive. That's usually when the countdown begins.

But the dip now is different then all the others I think. The mothership is going down.

How do you mean?

Did bitcoin go down this much all the times xmr went down last year ?

No, it did not.

But it has done this before, maybe you're right, but I think crypto will survive this...

Of course it will, there is no doubt of this. The grey area is where the new floor will be and what alt will end up holding onto the highest gains. I bet you know which one I'm picking.

Let’s hope so. Its I risk I am willing to take . It would be nice to hear aminorix his opinion , or smooth or fluffy pony:)

Just Lol, you have no clue who to listen to do you?

We are near the ATH in bitcoin terms. Not too worried here. We just need that to recover somehow.


When eventually Monero is truly useful it will release itself from its BTC ratio, and climb (I believe).

Its happening gradually but for now we are well positioned as the good partner for BTC.

Dilly Dilly!