[XMR] Monero Speculation

[Febo]

Thank you for the update Febo,,, I did not quite understand everything and I never really have, although I think the 2-3 years estimate is a good one for practical terms. And in fact we will probably end up doing it faster, but I feel mostly will depends on the existing network of users.

Looking up Monero village now!

What is important to understand is that it will make transactions smaller and faster, so transaction fees even lower.   Oh and of course make transactions link harder.

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[baranovskyi]

what course will be in a month?

[Hueristic]

Don't worry, I doubt there is anyone here who hasn't sold or bought at the wrong time - or not done it at the right time - and kicked themselves later (with hindsight).

We could all have sold at 0.34+  and bought back four times as much, if we'd had a crystal ball and a hell of a lot of patience!

Anyone who has the strength to admit a failure once in a while has more credibility in my eyes than those who proclaim their winnings every time.

In that case I am highly credible!!!

Thank you for the update Febo,,, I did not quite understand everything and I never really have, although I think the 2-3 years estimate is a good one for practical terms. And in fact we will probably end up doing it faster, but I feel mostly will depends on the existing network of users.

Looking up Monero village now!

What is important to understand is that it will make transactions smaller and faster, so transaction fees even lower.   Oh and of course make transactions link harder.

Thats never a bad thing, the last transactions I did cost me about 2 cents and were completed so fast I didn't even know how long they took.

[cAPSLOCK]

So recently we have been seeing a seriously strong correlation between BTC and XMR (and LTC?) and against alts.

BTC /XMR/LTC move up... Other alts move down.

BTC tanks, XMR and LTC move with it... other alts move up.

[pa]

So recently we have been seeing a seriously strong correlation between BTC and XMR (and LTC?) and against alts.

BTC /XMR/LTC move up... Other alts move down.

BTC tanks, XMR and LTC move with it... other alts move up.

Magical Crypto Friends, indeed

[tokeweed]

^  Lol.  You guys still watch that?  I prolly watch three episodes and quit.  I mean the info is decent but it's not really that well made tbh.  Maybe it's the way it's edited...  Somehow it just feels something's off or something, dunno...

[callyf]

Don't know about speculation not only monero but all are in same for all just do what you think about it and invest in it speculation is very hard

[Hueristic]

Shit its all just a river of red, why did I look?

[Febo]

Shit its all just a river of red, why did I look?

Yup. So much for a recession to be good for crypto. We will first see a real mess. It will be interesting year to come. I hope everyone have a hobby to not look at charts to much.

[Millionero]

We might have a year of doldrums yet.

[cAPSLOCK]

I have been pleased overall with the altpocalypse, especially with the comparative resilience of Monero, but if bitcoin ignites in the midst of global financial turmoil we will see it drag the quality alts up with it. The big players understand the value proposition of xmr.  The next 9-12 months might be like 2016-17 (early), or like something the world has never seen before.

Either way... We will survive.

[Hueristic]

I have been pleased overall with the altpocalypse, especially with the comparative resilience of Monero, but if bitcoin ignites in the midst of global financial turmoil we will see it drag the quality alts up with it. The big players understand the value proposition of xmr.  The next 9-12 months might be like 2016-17 (early), or like something the world has never seen before.

Either way... We will survive.

I can't argue with this.

Shit its all just a river of red, why did I look?

Yup. So much for a recession to be good for crypto. We will first see a real mess. It will be interesting year to come. I hope everyone have a hobby to not look at charts to much.

Poker turned out to be a river oif red as well.

[Adelek15]

The greatest bullish sign for the long haul in XMR is the nature of the network. The nature of the network (early bitcoiners and well-associated individuals) is something which makes the coin effective over the long haul. Sure we have unpredictability for short-pull however the genuine BagHodlerstm are for the whole deal and will end up rich if this succeeds (the chances for progress is shockingly high for this situation).

[leea-1334]

Shit its all just a river of red, why did I look?

Yup. So much for a recession to be good for crypto. We will first see a real mess. It will be interesting year to come. I hope everyone have a hobby to not look at charts to much.

I keep telling my friends that it's all interrelated at the moment. Crypto is not yet removed from fiat, how can it be when almost all new crypto projects raise money in fiat and then all is dumped for fiat right? So if economy is bad, nobody wants to buy crypto.

Definitely no more looking at charts for a long time now. Learned my lesson already!

[infofront]

I don't think the pain is over yet. This [Bitcoin dominance] chart has a decent likelihood of being accurate:


https://twitter.com/alistairmilne/status/1148861136512671744

[Whtwabbit]

I don't think the pain is over yet. This [Bitcoin dominance] chart has a decent likelihood of being accurate:


https://twitter.com/alistairmilne/status/1148861136512671744

 FTFY

[BitBustah]

Think it is over for Monero at this point.  BTC ratio is getting weaker and doesn't show signs of a rebound.  XMR volume remains low compared to eth and btc and still hasn't gained any notable adoption rate.  Time to pack it up boys and head for greener pastures.  Was a good ride while it lasted.

[gembitz]

Think it is over for Monero at this point.  BTC ratio is getting weaker and doesn't show signs of a rebound.  XMR volume remains low compared to eth and btc and still hasn't gained any notable adoption rate.  Time to pack it up boys and head for greener pastures.  Was a good ride while it lasted.

centralized shitcoin designed for botnet viruses lmfao reeee

[kurious]

Think it is over for Monero at this point.  BTC ratio is getting weaker and doesn't show signs of a rebound.  XMR volume remains low compared to eth and btc and still hasn't gained any notable adoption rate.  Time to pack it up boys and head for greener pastures.  Was a good ride while it lasted.

On the contrary, getting out now would be ridiculous.  Monero has bottomed and steadied, while other alts are continuing to crater.  XMR now sits in the top 10 on CMC, and in terms of price has shot past LTC and in market cap has left Dash / Darkcoin for dust.  Even in USD terms Monero is way above the $30 level it hit not so long ago.

Yes, BTC is unassailable right now, due to institutional money only wanting the liquidity and security of the No. 1.  However, when retail returns the market cap dominance rise will stall as the whole market has its day again in the reflected sunshine of the next bull run.

XMR is currently a great buy.  Thanks for confirming this with a little welcome trolling.

[kurious]

This user is currently ignored.

How's the Verge investment going Gembitz?  Sorry you're so butthurt, but I am sorry to tell you your only value is to make catching up on pages faster for those people (most of us) who have you on ignore.