[XMR] Monero Speculation

[johnalan]

what do you think about cake wallet?

they release the source for Cake Wallet for Monero for iOS under the terms of the MIT open source license. This is the first truly open source Monero wallet for iOS.

The code uploaded to GitHub has NOT been submitted to Apple yet as we are still testing. I ask the community to test and suggest/submit improvements as well. We will probably submit to Apple by end of the day today.



GitHub link:

https://github.com/fotolockr/CakeWallet

I'm doing a code review currently.

I have an issue that I logged on their git.

[johnalan]

Thoughts for your floor?

180?
130?

Surely not lower than 80usd?

RSI looks to be approaching a bottom indicator on various scales.

What is REALLY worrying me is the lack of trolls... THAT is a TRUE worrying indicator! No one is trying to make us sell...

They are too busy selling their shit

Anyway...

I have ascended.

I no longer fear the market. I have reached the point. I'd rather suck a dick than sell. Ergo, I don't give af anymore.

Max pain reached.

Congrats on your ascent, have a merit!

Thanks! does sMerit get replenished? I want to send it but only had one and it's used.

EDIT: Yes it does, I now have 3

[explorer]

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.

I agree, after Gox, Bitcoin really did look in peril.  It doesn't look like that now.  I am hoping for a quicker bounce back that that godawful 2014-2015 grind was.  Let's hope the bottom is definitively found soon.

On almost every forum u read that bitcoin will bounce back up, I really do hope so. But how can everyone be so sure ?

Because it's been doing it for 9 years, getting stronger every time.  It would be beyond strange for it to just. stop.

[strawbs]

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.

I agree, after Gox, Bitcoin really did look in peril.  It doesn't look like that now.  I am hoping for a quicker bounce back that that godawful 2014-2015 grind was.  Let's hope the bottom is definitively found soon.

On almost every forum u read that bitcoin will bounce back up, I really do hope so. But how can everyone be so sure ?

Nobody is sure, they're just talking their own book.  And anyone who tries to suggest otherwise gets shot down.

Unfortunately, the Monero forums are no different - I've been involved with Monero for nearly three years now and it accounts for 60% of my crypto holdings.  But I keep on seeing posts like "oh, but Monero's the best crypto out there, it just has to go up because it's the best, everyone will soon figure out it's the best and then it'll moon. It has to, 100%. Guaranteed."

Read the forums of any other top 20 crypto and they all say the same thing: "Our coin's the best and soon everyone will realise it."

I believe in Monero's tech and community (demonstrated by the fact that it makes up 60% of my portfolio), but holders of other cryptos believe in their coin's tech and communities too. This blind faith in Monero, or any other coin, is becoming really tiresome.  Any coin, no matter how shiny and beautiful, or how lovely and cuddly its community, can fail.

[EDIT: whilst writing this xmr went from 0.0238 to 0.0250 and btc from $7,960 to $8,350 - I should write more posts like this  ]

[explorer]

Monero looks back over shoulder at bitcoin. You go back, if you want.  I'm going UP.

[cAPSLOCK]

Because it's been doing it for 9 years, getting stronger every time.  It would be beyond strange for it to just. stop.

Yup.  And it is fun to see the wider world get to experience it's first bitcoin thrills.  I have not looked at the headlines, but I imagine they will be at peak gloom about now.  Paul Krugman probably woke up with a hard on for the first time in years. 

The only thing that worries me is how bullish I currently feel about both Bitcoin and Monero. :\  Could be bad luck?

How's everyone doin' this morning? 

Oh and to johnalan - congrats on your ascension.  I have had several of those myself.  But I am still not 100% immune to the breathtaking experience of this ride we are all on...

[fromholland]

On another hand, I've just placed a few dirty low buy orders. Just in case ;-)

Missed my first buy order by 33 cents..

Oh well, maybe there'll be another chance soon.

[jhontwis]

Monero and many other robust projects are downgraded in Bitcoin. The negative wind is about to break. And if the price of bitcoin starts to move upwards, then Monero will give a positive response.

[Celebrity]

On another hand, I've just placed a few dirty low buy orders. Just in case ;-)

Missed my first buy order by 33 cents..

Oh well, maybe there'll be another chance soon.

The same here, missed it by $0.7 but anyway, I will try to get some cheap monero so that we can enjoy the possible profit that will come on this summer from monero's market rally.

Keep calm for now.

[fromholland]

On another hand, I've just placed a few dirty low buy orders. Just in case ;-)

Missed my first buy order by 33 cents..

Oh well, maybe there'll be another chance soon.

The same here, missed it by $0.7 but anyway, I will try to get some cheap monero so that we can enjoy the possible profit that will come on this summer from monero's market rally.

Keep calm for now.

Good luck!

[Millionero]

Paul Krugman probably woke up with a hard on for the first time in years.  

Paul Krugman looking for the willy-bot:

How's everyone doin' this morning?  

Got the morning wood.

[Globb0]

Ping!

No need to thank me   

xx

Thoughts for your floor?

180?
130?

Surely not lower than 80usd?

RSI looks to be approaching a bottom indicator on various scales.

[Anon136]

Thoughts for your floor?

180?
130?

Surely not lower than 80usd?

RSI looks to be approaching a bottom indicator on various scales.

What is REALLY worrying me is the lack of trolls... THAT is a TRUE worrying indicator! No one is trying to make us sell...

Lack of trolls here is not a good sign, nope - but right now it's all about the mothership. BTC needs to find its bottom (and preferably fast!).

Maybe I'll just have to take one for the team and start trolling?

Anyone who owns monero is a turtle molester.

[Globb0]

Note increased volume in Monero and also BTC looks the same at a glance

[kurious]

Note increased volume in Monero and also BTC looks the same at a glance

Yep, we are suddenly tracking it. In the past it's been an inverse relationship, but occasionally we've synced up, and rallied alongside BTC, which is a perfect situation if you have both.

The only thing is - BTC needs to hold the high 8K range - and that's not something I would bank on, even over the weekend...

Let's keep out fingers crossed that actually was the BTC bottom and hitch a ride up with it - we certainly look one of the better alts just now.

[IntroVert]

Note increased volume in Monero and also BTC looks the same at a glance

Yep, we are suddenly tracking it. In the past it's been an inverse relationship, but occasionally we've synced up, and rallied alongside BTC, which is a perfect situation if you have both.

The only thing is - BTC needs to hold the high 8K range - and that's not something I would bank on, even over the weekend...

Let's keep out fingers crossed that actually was the BTC bottom and hitch a ride up with it - we certainly look one of the better alts just now.

Whatever the reasons, a good time as any to reload... from fiat

[Hueristic]

Note increased volume in Monero and also BTC looks the same at a glance

Yep, we are suddenly tracking it. In the past it's been an inverse relationship, but occasionally we've synced up, and rallied alongside BTC, which is a perfect situation if you have both.

The only thing is - BTC needs to hold the high 8K range - and that's not something I would bank on, even over the weekend...

Let's keep out fingers crossed that actually was the BTC bottom and hitch a ride up with it - we certainly look one of the better alts just now.

Whatever the reasons, a good time as any to reload... from fiat

Yeah, I'm pretty pissed coinbase wouldn't let me yesterday.

[LennyCarl]

With monero at rock bottom prices, 0.02 XMR per square is a steal! (we want more participants)

1st Annual Super Bowlero Pool
https://bitcointalk.org/index.php?topic=2808377.0

[litecoinricky]

Hey Guys, is now a good time to buy Monero? Im not sure what to do 

[RivAngE]

Hey Guys, is now a good time to buy Monero? Im not sure what to do 

I'd invest in Electroneum, similar but cheaper.