[XMR] Monero Speculation

[nazzer]

$300 seems to be as well defended as .03 was.  It can't last, but good effort.

.03 support got broken - the battle is again for .03

If 280 doesn't hold then it looks like 250 again...and time to buy more XMR

[Hueristic]

zcash and monero are both raising the price Fast. but I think that in the future, monero will come forward. investors and holders are very strong and faithful.
Probably because Zcash is being adopted by AirTM. In fact I called this pump a couple of weeks ago.

Nice call and nice steemit post...

Monero has more market exposure but nothing was more anticipated then a zerocash protocol coin, what is it about zk-snarks that makes Zcash dif from monero?

Keeping my post price related  ...sorry but I think Zcash will do better than monero price wise this year, with sapling in the works i see big price action with Zcash....not that monero won't do well either.

zk-snarks must have a trusted setup that is it's major flaw and the huge differance that Zcash has with most coins, coupled with not knowing how many there are you can have a crooked dev making as many free coins as they want.

How low do you think XMR will crash after the XMV fork? I'm expecting it to correct back to around 0.020~0.024 btc

cryptokwuk eh? And again being as positive as another duck that waddled in here from time to time...
Something seems a little 'fowl' here....

"Eggs"actly what I was thinking.

I am "down" with that.

I think I'm buying that "bill" of goods you guys have been laying down.

$300 seems to be as well defended as .03 was.  It can't last, but good effort.

.03 support got broken - the battle is again for .03

If 280 doesn't hold then it looks like 250 again...and time to buy more XMR

W0rd.

[aminorex]

$300 seems to be as well defended as .03 was.  It can't last, but good effort.

.03 support got broken - the battle is again for .03

If 280 doesn't hold then it looks like 250 again...and time to buy more XMR

Not sure I have that much self-control. I just sold my zcl, so the timing seems providential.

[Fatman3001]

The old trolls returning I note. Bless them!

A bit late for the party, I guess the news travels slower if you're out of date, and not getting wealthier because you hold the right coin

Wut? looks like I was right on time.

But yah, hodling the right coin is key.

[nazzer]

$300 seems to be as well defended as .03 was.  It can't last, but good effort.

.03 support got broken - the battle is again for .03

If 280 doesn't hold then it looks like 250 again...and time to buy more XMR

Not sure I have that much self-control. I just sold my zcl, so the timing seems providential.

I missed the predicted dip - went down to 260 before bouncing back to 275

[Hatat]

$300 seems to be as well defended as .03 was.  It can't last, but good effort.

.03 support got broken - the battle is again for .03

If 280 doesn't hold then it looks like 250 again...and time to buy more XMR

Not sure I have that much self-control. I just sold my zcl, so the timing seems providential.

I missed the predicted dip - went down to 260 before bouncing back to 275

If you think the price will be $700 or higher, it is still a good entry point now.

[Honey989]

If you count that Masari uses a weighted harmonic mean difficulty adjustment algorithm for smoother difficulty adjustment, which has been PR'd back to Monero you already have a kick-ass coin. It also has only ever used RingCT, has a fixed ring size of 13, and we plan on adding uncle mining and researching block tree sharding.

Overstatement?

WHM dev + details : https://github.com/zawy12/difficulty-algorithms/issues/3
Monero project discussion : https://github.com/monero-project/research-lab/issues/3

WHM was adopted by MSR, they didn't invent it. Reading source comments MSR devs did contribute some.

In Official XMR github Fluffypony says he prefers EMA.

Clones will be clones - good for testing stuff though.

I don't know bro...i like Monero better, but i don't say no to a good clone with a kick-ass dev. Masari dev has submitted a PR to Monero which has since been reviewed & approved by Moneromoo: https://github.com/monero-project/monero/pull/3683

I know about this coin from 11cents, now it's 1$. And yeah, it want to be some test net for Monero like litecoin for bitcoin.

[mambamanagement]

monero price 2020?

[johnalan]

monero price 2020?

$1500+ or $0.

[mambamanagement]

monero price 2020?

$1500+ or $0.

am i overly optimistic or is 10,000 a strong possibility?

[acorcos]

monero price 2020?

I think because of the dwindling supply of Monero 15k USD could be possible.

I am watching the following chart since a long time and it works out perfectly: https://www.tradingview.com/chart/XMRUSD/89VEffxW-Monero-s-dwindling-supply-10k-in-2019-scenario/

[nazzer]

$300 seems to be as well defended as .03 was.  It can't last, but good effort.

.03 support got broken - the battle is again for .03

If 280 doesn't hold then it looks like 250 again...and time to buy more XMR

Not sure I have that much self-control. I just sold my zcl, so the timing seems providential.

I missed the predicted dip - went down to 260 before bouncing back to 275

If you think the price will be $700 or higher, it is still a good entry point now.

I spoke too soon, the bears got into the pantry!

[jackjackfly]

Hi, everyone. I'm newbie in what comes to monero, so I want ask you for a little help. I see now on coinmarketcap that Monero has decreased in its price. And I'm deciding to join XMR holders team Could you please advice me if it is the right time, to buy some Monero, or it is too late to join or it is not a coin for newbie traders? Would be really glad if you help me to make desicion.

[kurious]

The old trolls returning I note. Bless them!

A bit late for the party, I guess the news travels slower if you're out of date, and not getting wealthier because you hold the right coin

Wut? looks like I was right on time.

But yah, hodling the right coin is key.

I meant theoretically, the coldest, smartest cash was all in (or long) around $160 and cashed out over $295 - an opportunity which it is now too late to benefit from.  

Going short now is potentially a little late, too - but nonetheless an option of course. Monero certainly has enough liquidity for any bet one could wish to make.

Lastly trolling is an option, too - for those who can't afford to bet, or have psychopathic, narcissistic personalities and cannot help it.  Unfortunately it seems it's never too late for that...

At least we agree hodling is the right coin is the best policy as some lucky ones here have been with XMR since sub 30c.

[Hueristic]

Hi, everyone. I'm newbie in what comes to monero, so I want ask you for a little help. I see now on coinmarketcap that Monero has decreased in its price. And I'm deciding to join XMR holders team Could you please advice me if it is the right time, to buy some Monero, or it is too late to join or it is not a coin for newbie traders? Would be really glad if you help me to make desicion.

Well last week was a good time, right now it depends on which way the wind breaks but I am very Bullish long term.

[bitChipper]

Monero has more market exposure but nothing was more anticipated then a zerocash protocol coin, what is it about zk-snarks that makes Zcash dif from monero?

If they work as per theory, zk-snarks offer a larger anonymity set.  Only time will tell if defects of design or implementation, or of covert intent, demolish this merit.

My principal objections to Zcash are the 20% tax, the corporate governance, the statements of Wilcox and Greene regarding responsiveness to subpeona, and the sigint associations of various team members, not zk-snarks.

Zclassic does not suffer from such problems.

Good stuff thanks for your insight, ill have to look more into this subpoena, I didn't know anything about that

[denetci]

Monero (XMR)support added to Dubai cryptocurrency exchange BitOasis
It was announced earlier in the day from UAE-based cryptocurrency exchange BitOasis that the company now has added support for Monero (XMR) and Zcash (ZEC) on the BitOasis digital asset trading exchange. The two tokens have been added to meet increased demand from the customer base in the GCC.

[ArticMine]

The old trolls returning I note. Bless them!

A bit late for the party, I guess the news travels slower if you're out of date, and not getting wealthier because you hold the right coin

Wut? looks like I was right on time.

But yah, hodling the right coin is key.

I meant theoretically, the coldest, smartest cash was all in (or long) around $160 and cashed out over $295 - an opportunity which it is now too late to benefit from.  

Going short now is potentially a little late, too - but nonetheless an option of course. Monero certainly has enough liquidity for any bet one could wish to make.

Lastly trolling is an option, too - for those who can't afford to bet, or have psychopathic, narcissistic personalities and cannot help it.  Unfortunately it seems it's never too late for that...

At least we agree hodling is the right coin is the best policy as some lucky ones here have been with XMR since sub 30c.

I prefer the long term perspective so I will repost my post from December 2014, during the depths of the Monero bear market:

Anyone foolish and/or desperate enough to sell at 0011 is foolish and/or desperate enough to sell at 0010.  We have an existence proof now.  "Lunatic fringe, I know you're out there."
I am hoping for 00085 to touch. Reducing my buy rate.  Stocking up on bitcoin below 340usd and waiting for more ask liquidity in XMR.  
These plateaus usually break down by the time they are a week old.  If BTC goes lower, XMR is likely to go lower as well, making the effective leverage on the future all the greater.
Patience and discipline.

Yep, ready to buy at 80k sat

While it may be possible that XMR may reach 80k sat or lower, making selling for 111k sat and buying for 80k a profitable trade there is an old saying in the markets that is very appropriate here.

Bulls make money, bears make money, pigs get slaughtered

http://wiki.fool.com/Bulls_make_money,_bears_make_money,_pigs_get_slaughtered. One should also keep in mind that there are typically two sub species of pigs in the markets. Bull pigs (buy high, hope to sell higher) and bear pigs (sell low, hope to buy lower) and both get slaughtered.

This time of the year another sub spices of pig emerges known as the tax pig. The tax pig sells low (or buys high) with the primary objective of lowering the tax payable to some state. The tax pig then waits a prescribed amount of time (this depends on the tax legislation of the target state) and then hopes to buy back lower at the same price or even slightly above (sell higher, at the same price or even slightly below). The tax pig in this process first pushes the bear pig (or the bull pig) to the slaughter and then also gets slaughtered.

What I have found that works for me, first with Bitcoin and then with Monero is:

1) Start with a project with good long term fundamentals. This requires careful reserach. Right now among the top crypto currencies only Monero meets this criteria, in my opinion. I came to the conclusion in 2015 that even Bitcoin fails this test because the Bitcoin protocol does not support scaling, and likely cannot without violating its 21 million maximum Bitcoin limit. Long term fundamentals are critical because one needs to be able to ride out brutal bear markets. I actually bought XMR at ~4 USD in 2014 before XMR went below 0.30 USD.

2) Go long and take delivery. Invest only money one can afford to loose, and for best results acquire a position over time. Going short is a prescription for financial disaster. One wants to take the long side of the trade and take delivery. Not only is taking delivery a time tested  way to squeeze shorts to the wall, but the short history of crypto currency is littered with the carcases of dead exchanges.
 
3) One can start very small. One can easily find a ~100 USD to get started by avoiding pointless and wasteful consumer expenses. This works well with 2) above since the alternative, a pointless and wasteful consumer expense has a 100% guarantee of loss.

4) Use a Free Libre Open Source Software (FLOSS) operating systems, for  example GNU / LInux system to store your Moneroj. This has two critical advantages. a) The risk of loss to malware is drastically reduced. b) One avoids the cost of proprietary software licensing. Instead of paying money to Microsoft or Apple for a license to use their software with onerous restrictions and with a  100% guaranteed financial loss, one can use these funds get started with Monero. The worst that can happen is that one has replaced tyranny with freedom in one's computer experience, by "flossing out" this pointless and wasteful consumer expense as per 3) above.

5) Do not even try to time the market. This is a long term game.

Edit 1: One can argue that the larger Monero fish species see bear pigs as prey to feed on.
Edit 2: The Monero bear market bottomed out at 91 k sat, so the bear pigs did get slaughtered.

[Johnny Mnemonic]

Edit 2: The Monero bear market bottomed out at 91 k sat, so the bear pigs did get slaughtered.

Including our favorite duck-like bear pig who no longer shows his face around here. He (and others) expected to price to fall all the way to 50k sat. Well stated that the long position is the best position to have (if you can find a long worth taking). Optimism wins over the long-term.

[kcgomez09]

Monero will be bloomed this year i am sure about it base on my own observation it will go ride with bitcoin.