[XMR] Monero Speculation

[KeyJockey]

Hm. Well. Dunno guys.  WellWellWell.

WTF to think.

I guess I don't have much to chime in here really on this latest 'spec' talk but wanted to say, SOMETHING, just 'cuz I am still lurking here, still reading and FWIW I guess even "quiet" I am *still* one of the OG crew around this thread from 'way back in the day.

But, honest injun' time? (yah dats raycisss!)

I am still totally "OUT" of nearly ALL crypto hodling, after the collapse I endured just before the Crypto Winter hit.  It's still all gone.  I have bought back a little here and there and yeah I still actually USE crypto from time to time for buying things, including Monero (and btc and bch and, that's pretty much it.)

But... so?

What to say from this 'weird' perspective I have now?  All I can think of to say, is... CRYPTO. STILL. WORKS.

You can BUY shit on the internet with it. 
You can SEND it to anyone, anywhere, for cheap and with no permission. 
IT WORKS. 
It never STOPPED working (except for BTC, kinda).

SO?  all this shitty price action?  Maybe, just maybe, it might mean that I may have a chance still (some day somehow?) to buy back all of the 1,000 XMR that I actually once HELD, way back in the day when the damn things were fucking FIVE CENTS APIECE??

Yah.  No.  Yah I know that's never gonna happen LOL

But maybe I will re-own again some day, at least a couple hundred coins, again?  Maybe. 

A guy can dream, right?  LOL

Y'all do me a solid, will ya?  Favor?  Just let me know WHEN is really the 'ahem' Right.Time 'ahem' to GET BACK IN!  lolz

[scambust]

Y'all do me a solid, will ya?  Favor?  Just let me know WHEN is really the 'ahem' Right.Time 'ahem' to GET BACK IN!  lolz

When altseason comes you should get back in. How do you know alts are back? A 10x coin happens every week with large trading volumes. That is usually the sign that traders and investors are back - a "throw a dart with a blindfold" moment.

[tokeweed]

She believes that when buying crypto with fiat you need KYC, so Bitcoin cant be used anonymously (unless you mined it or have old stacks) and she believes that everyone have right to privately use cash and Monero.

https://np.reddit.com/r/CryptoCurrency/comments/dhbv5z/ama_with_us_congressional_candidate_agatha/f3lz4fh/

So there are fans potentially to be in high places, then.  Cool.

Hard not to love Monero, though...

Yup..  I love it cos a big fluffy pony loves it.  He's def one of the coolest guys in the space.  It's sad he's slowly inching away from XMR tho.

Found this chart on reddit that suggest that the 2015 is already past. Jolly 2016 ahead.
 

Mmm...  Not to sure about that.  He's anticipating that the trend down is over.  That usually ends in losses.

[Febo]

SO?  all this shitty price action?  Maybe, just maybe, it might mean that I may have a chance still (some day somehow?) to buy back all of the 1,000 XMR that I actually once HELD, way back in the day when the damn things were fucking FIVE CENTS APIECE??


Y'all do me a solid, will ya?  Favor?  Just let me know WHEN is really the 'ahem' Right.Time 'ahem' to GET BACK IN!  lolz

When was Monero 25 cents?  It was in 2015. When Bitcoin was at bottom of last cycle. Where are we right now?   If you will wait a year there will be no more 25 cent Monero and you will ask same question where I buy $60 Monero.


Uf and we got a countdown until next protocol upgrade  https://community.xmr.to/xmr-countdown/

[Hueristic]

Hm. Well. Dunno guys.  WellWellWell.

/...

Y'all do me a solid, will ya?  Favor?  Just let me know WHEN is really the 'ahem' Right.Time 'ahem' to GET BACK IN!  lolz

Good to see you post.

Who knows when the reversal will happen? But when it does it will be sudden imo so right now i think we are just playing chicken with the price and when it does spike up it will have a floor far above this.

Times like these are when the whales accumulate, they also intentionally suppress when they feel they can get away with it and still come out with m0ar coins. I am still cost averaging down but it has been a tough bag to pull I can assure you of that. IIRC I had to start all over AlphaBay hit as it caught me with my pants down after holding for years. I needed cash quick and expected the sideways to continue for another month at least.

Monero has a way of doing that, and life in general in my case.

I'm quite sad. Its like everyone abandoned us

Monero won't shine until the governments completely go nuts

I guess this is then very bad news. No going nuts. Monero will just move same as all other top10 coins

She believes that when buying crypto with fiat you need KYC, so Bitcoin cant be used anonymously (unless you mined it or have old stacks) and she believes that everyone have right to privately use cash and Monero.

https://np.reddit.com/r/CryptoCurrency/comments/dhbv5z/ama_with_us_congressional_candidate_agatha/f3lz4fh/

Very cool candidate, which means she will not win that seat.

...


I accept some people moved away. I couldn't get on with the new solution, how is reddit better? no idea.

...

I think they figured out it wasn't.

All it has going for it is that it is a large community.

Having an echo chamber circle jerk only works for scams and that's all redditt is designed for.

[joroz]

This is the thing, there used to be a community and a bunch of challengers here; also we could answer them.

Plenty of people lurking. Not much activity historically during the final cycles of bear markets. Let's revisit when the ATH predictions start rolling in again.

[Hueristic]

This is the thing, there used to be a community and a bunch of challengers here; also we could answer them.

Plenty of people lurking. Not much activity historically during the final cycles of bear markets. Let's revisit when the ATH predictions start rolling in again.

It's always calm before the storm, my trigger finger is itching.

[elrippos friend]

This is the thing, there used to be a community and a bunch of challengers here; also we could answer them.

Plenty of people lurking. Not much activity historically during the final cycles of bear markets. Let's revisit when the ATH predictions start rolling in again.

It's always calm before the storm, my trigger finger is itching.

... or in the center of the hurricane ... 

[kurious]

Always lurking, but never failing to keep up on here and the price of Monero.

In crypto winters time does seems to grind on rather slowly.... However, just now it seems there are signs of life.  

[johnalan]

Always lurking, but never failing to keep up on here and the price of Monero.

In crypto winters time does seems to grind on rather slowly.... However, just now it seems there are signs of life.  

I remember the Gox drop from 1200usd.


I can’t shake the feeling that this time it’s different.

I think Monero as an idea is powerful, I think technically it’s beautiful.

I don’t think we will see another ATH in fiat or BTC for a long time.

Maybe back into the 100usd region over the next 1 or 2 years

[kryptokant]

very strong against the market today. you see any reason?

[cAPSLOCK]

very strong against the market today. you see any reason?

This could have something to do with it... sadly.

https://www.smh.com.au/world/north-america/hundreds-arrested-in-cryptocurrency-linked-dark-web-child-porn-ring-bust-20191017-p531g1.html?ref=rss&utm_medium=rss&utm_source=rss_feed

Also I think XMR could be just correcting a little since it has been hit hard recently.

[Whtwabbit]

very strong against the market today. you see any reason?

This could have something to do with it... sadly.

https://www.smh.com.au/world/north-america/hundreds-arrested-in-cryptocurrency-linked-dark-web-child-porn-ring-bust-20191017-p531g1.html?ref=rss&utm_medium=rss&utm_source=rss_feed

Also I think XMR could be just correcting a little since it has been hit hard recently.

Nothing to do with that as that story is fake made up news, ah la MSM fantasy
They need to make up this tripe to fill their newspapers


swap Drivers for Crypto

[kurious]

very strong against the market today. you see any reason?

There is no particular trigger, I personally think it's just fundamentals.  All alts have taken a battering, but there are a few that do actually have a) respect and b) a use case.

I know I am not the only long term follower of crypto who thinks Monero is one of the very few coins out there which has these two attributes. 

The use case is of course privacy, and being able to move money around easily without interference or being tracked is increasingly an issue.  It is part of why Libra was baulked at (and why Zuck wanted to launch it) because he would know the last piece of the jigsaw: where, how and on what we spend our money.

The ability to move funds safely and away from prying eyes - if you live in a state that traces your every move, or won't let you take your money out if you leave - is beyond price.  It could one day even be a matter of life and death - ask HK residents what they are concerned about...

So the use case exists. Being a freely and fairly issued coin with no premine, no 'cut' for masternodes or devs means trust in the coin is there, too.

Why now?  Well, it's probably simply too low.  Some people have decided this is too cheap not to accumulate again.   Monero has historically had a habit of moving up very suddenly and leaving people behind. 

So, it's probably just 'about time'.  A planned regular protocol upgrade is due in next month, which can't hurt, either. 

If you want privacy and pretty decent liquidity from an honest coin which as recently as last year was priced over $500, and now is nearly all mined?  Well maybe it's worth a punt.

DYOR

[Hueristic]

oooh, a little bump on price and volume.

[johnfoss]

Yes, everyone is still lurking. Watching and waiting.

The ICO cleansing has come to an end, and higher ups are beginning to offer regulatory guidelines.

While XMR may have fallen victim to delisting due to exchanges fearing FATF, it is likely they have 'jumped the gun', as true regulatory clarity will reveal XMR is compliant.

Even in the slim chance XMR is widely delisted, there are many unregulated exchanges which will capitalise upon this, offerXMR trading pairs, and the greater crypto community will acknowledge the Monero reigns supreme as a privacy coin, achieving what BTC has failed to do so. I predict this will result in an increase of demand for XMR.

Once XMR begins to make moves upwards again, everyone here will return from their bear market sabbatical, paying attention when it's due.

[Febo]

Even in the slim chance XMR is widely delisted, there are many unregulated exchanges which will capitalise upon this, offerXMR trading pairs, and the greater crypto community will acknowledge the Monero reigns supreme as a privacy coin, achieving what BTC has failed to do so. I predict this will result in an increase of demand for XMR.

No court will ever prohibit Monero. None. Who will prohibit Monero will be autocratic governments that will ignore law. But as soon as that government will be replaced with normal government that obey court rulings, Monero will be allowed again.  Right now we are in time where is no laws set and exchanges just do what they believe is right.


In general. Monero price in Bitcoin is same as was a month ago. Less then 30 days ago and people are scared what is going on. It goes up  to much, for sure need correction. s not this fear total proof we are past capitulation and already in despair phase?


Monero can be 0.01 btc  in a week time. Such even will be triggered by something totally unrelated to Monero development. Something about privacy or something I cant even think of. Maybe article: Queen of England was found hiding her wealth in bitcoin to not pay taxes.

[Dotto]

God save the monero queen

[Globb0]

God saves!

[kurious]

But she told us to 'keep mum' about it.

via Imgflip Meme Generator

C'mon guys, it's a secret

(with apologies to gentlemand for stealing his avatar)