[XMR] Monero Speculation

[Whtwabbit]

Monero is the 9th cryptocurrency based on market capitalization. Monero is designed to be private, secure and untraceable cryptocurrency. Its price has increased by half compared to December last year, which is a good sign.

No, still a gap of $700,000,000 till #9 (unless you are excluding tether)

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[AlteregoX]

Couldn't buy in the 0.014 zone, now I'm trying not to FOMO in but the price just doesn't want to stop

[Globb0]

[Whtwabbit]

"The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow"

Is it tomorrow already?

[Globb0]

Feels a bit risky stepping out of the elevator for a second

[generalizethis]

"The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow"

Is it tomorrow already?

Given that rational investors are well aware that when maximalists chant, "Decentralized! Censorship resistant!" in their quest to distance themselves from shitcoins, they also point out that if those are the value proposition for a cryptocurrency, then Monero is more valuable.

So maybe tomorrow, tomorrow--

[Hueristic]

Couldn't buy in the 0.014 zone, now I'm trying not to FOMO in but the price just doesn't want to stop

HAH, I had that problem too.

Weeeee!

[nioc]

y up

[Hueristic]

y up

Billion bucks btc moved some goto binance so maybe?

I wonder if this is a bullish sign for Monero.

https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/

[nioc]

as if I am not plugged into the mooonero matrix  

but thx none the less   

[Hueristic]

as if I am not plugged into the mooonero matrix  

but thx none the less   

Lool, NP

[Febo]

Everyone is asking who is buying Monero now. I am pretty sure I know who is it.

[starmman]

Great to see some green candlesticks on the XMR graphs again - its been a while =D

[kurious]

Everyone is asking who is buying Monero now. I am pretty sure I know who is it.

Ha! Merited.

[kurious]

We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

Not much. 

Prediction is 12% down today, wipe out in a year (under $2). Let's see if it's right today.  It might get lucky - but frankly it looks utter nonsense to me.

In summary:  a waste of a click.

Well - it looks like the daily prediction (for today) on that site was just a little, teeny weeny bit...

TOTALLY FUCKING WRONG

[XMR2020]

"The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow"

Is it tomorrow already?

Given that rational investors are well aware that when maximalists chant, "Decentralized! Censorship resistant!" in their quest to distance themselves from shitcoins, they also point out that if those are the value proposition for a cryptocurrency, then Monero is more valuable.

So maybe tomorrow, tomorrow--

To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from trade to trade,
To the last block of monero mined;
And all our yesterdays have lighted shitcoins
The way to dusty death.

[kurious]

"The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow"

Is it tomorrow already?

Given that rational investors are well aware that when maximalists chant, "Decentralized! Censorship resistant!" in their quest to distance themselves from shitcoins, they also point out that if those are the value proposition for a cryptocurrency, then Monero is more valuable.

So maybe tomorrow, tomorrow--

To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from trade to trade,
To the last block of monero mined;
And all our yesterdays have lighted shitcoins
The way to dusty death.

A quote from The Scottish Play?  Cool!

So who dies this night? The rest of the shitcoins?   I'd settle for just BCH ;-)

[Hueristic]

A quote from The Scottish Play?  Cool!

So who dies this night? The rest of the shitcoins?   I'd settle for just BCH ;-)

Bitmain can't keep it shored up forever.

[Mallyx]

Couldn't buy in the 0.014 zone, now I'm trying not to FOMO in but the price just doesn't want to stop

HAH, I had that problem too.

Weeeee!

Crypto in 2 rules:
When you sell a bullrun starts,
When you don't want to buy the bullrun continue.

[kurious]

A quote from The Scottish Play?  Cool!

So who dies this night? The rest of the shitcoins?   I'd settle for just BCH ;-)

Bitmain can't keep it shored up forever.

For sure - the camp is falling into disarray and of course the money (their BTC) is running out - at the same time as problems with its bread and butter products.

The centre cannot hold for much longer under these conditions, they need a miracle after the hubris of the whole Bcash debacle.   Jihan is no fool, but the friends he chose do not speak in favour of the wisdom of his judgement.  You cannot beat the market's sentiment that BCH is not worth the price Jihan and his allies have been paying BTC out to try to keep it at.