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Author Topic: [XMR] Monero Speculation  (Read 3205208 times)
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October 20, 2019, 01:53:32 AM
 #41401



Cool story. ELI5?
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October 20, 2019, 01:59:18 AM
 #41402

Well I just bought m0ar. Smiley

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October 21, 2019, 02:07:13 PM
 #41403


God save the monero queen


Fluffy Pony?

(grinning, ducking, running very fast...)  LOL  Grin  

He can run faster than he looks, you know...  He has like race horses' hooves inside those Air Jordans (or whatever sneakers) he usually wears.

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October 21, 2019, 02:20:03 PM
 #41404

monero is running up https://www.coingecko.com/en/coins/monero
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October 21, 2019, 04:44:18 PM
 #41405





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October 22, 2019, 07:12:00 PM
Merited by infofront (1)
 #41406

Some long term hopium from reddit. I dont think it can go better then this Smiley


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October 22, 2019, 09:12:14 PM
Merited by infofront (1)
 #41407



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October 23, 2019, 05:56:15 AM
 #41408

Some long term hopium from reddit. I dont think it can go better then this Smiley



I would agree with that  Grin Wink Smiley

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October 23, 2019, 07:11:42 PM
 #41409

^  Lol.  Didn't think there was a way to make XMR's chart look any better.  I was wrong.  The power of denial is strong with this one.  Grin

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October 23, 2019, 08:56:09 PM
 #41410

this explanation could be correct:

https://www.coindesk.com/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says

when you know how it works for gold and silver markets.
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October 24, 2019, 01:44:35 PM
 #41411

^  Lol.  Didn't think there was a way to make XMR's chart look any better.  I was wrong.  The power of denial is strong with this one.  Grin

It plays on past events. I see many similar charts that predict 2017 will repeat again. Some even predict it next year instead in 2021. But yes, Monero was best top100 performer in 2016, since before that had high emission. So even if cycle will repeat we should not expect it to be as strong as 2016 and 2017 were.   But the chart is legit. Nothing different then million charts on this forum.

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October 27, 2019, 01:00:34 PM
Merited by infofront (1)
 #41412

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

a crippling loss of 83% at the lowest and is at it's lowest since peak right this minute

Top in USD: $475
Now in USD: $56
Lowest in USD since: $38

a crippling loss of 92% at the lowest and it's still a crippling loss of 88%

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point. At least anyone looking to actually make money within the typical frame of next week or next month, or next quarter, or even next year.

Imagine losing 90% of your teeth. Or losing 90% of your tires where the only sane solution is replacement or implants at this point, viewed purely economically. So charts related voodoo aside, I think there's still plenty more to lose, while technologically there's not that much more to gain.

Viewed from the lossage side of things, March 2018 was the last time this was any good, viewed as if increasing price correlates to increasing success. That's 19 months, where the overall gap between when things sucked to when they were good last time was 26-27 months, and we're not past 70% of even matching that yet so if you've managed to find a comfort zone over these last months as far as managing to get away from checking the price every half hour it'd certainly still be reasonable to continue doing so for the time being.

This is explicitly a price speculation.

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October 27, 2019, 02:32:07 PM
 #41413

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point. At least anyone looking to actually make money within the typical frame of next week or next month, or next quarter, or even next year.


Monero went from $6.50 to a quarter in first year when yearly mining emission was 100%. So at the bottom in one year emission doubled. Before that was even higher. Now yearly mining emission is 3.4% and that would take 30 years to double, but since it keep decrease will take more then a century.  

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joroz
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October 27, 2019, 08:17:53 PM
Last edit: October 27, 2019, 08:53:06 PM by joroz
Merited by Hueristic (1)
 #41414

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19

When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**.

Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences.

Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO.

But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again.
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October 27, 2019, 09:03:35 PM
 #41415

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19

When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**.

Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences.

Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO.

But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again.

I believe the first was because of the cripple miner inherited from the scamcoin bytecoin and the second was bubble plus asic iirc. Either way as you have stated it is a great time to stock up and i have grabbed a few m0ar yesterday. Unfortunately my lowball bid wasn't filled as well. Cheesy

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October 27, 2019, 09:09:39 PM
 #41416

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19

When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**.

Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences.

Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO.

But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again.

Ha, this is amazing! Well said.

Some clarity / good news on the regulatory side would be the perfect storm here. Imo Monero can run back to 0.0125 levels in a few days on very little extra inrerest.
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October 27, 2019, 09:13:30 PM
 #41417

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point. At least anyone looking to actually make money within the typical frame of next week or next month, or next quarter, or even next year.


Monero went from $6.50 to a quarter in first year when yearly mining emission was 100%. So at the bottom in one year emission doubled. Before that was even higher. Now yearly mining emission is 3.4% and that would take 30 years to double, but since it keep decrease will take more then a century.  

Sure, it's absolutely reasonable to assert that because the emission has effectively ended that there could be less selling pressure, however there were other massive declines at different points in the emission. For example, consider that there were massive losses in two month time frames two other times, 01Sep2016-01Nov2016 (80%) and then again 26Aug2017-05Nov2017 (70%), meanwhile the loss from 31Aug2014-31Oct2014 was actually a 77% loss while the >90% losses didn't come in until 14 months after that drop, where the yearly emission on those three periods was 16.23%, 8.46% and 154.98% respectively (source from : https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694), where now it's currently 3.39% per https://moneroinfo.herokuapp.com/ .

So unless you were to be implying that some point below 3.39% triggers the price to stop going down, I'd lean toward thinking the emission rate has significantly less of an effect when compared to market sentiment or something else entirely. I'm still not convinced that we don't have less than a year left, and as such still maintain that there is still more to lose from where Monero's at, despite what BTC does.

C0A2A1C4
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October 27, 2019, 09:27:04 PM
 #41418

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19

When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**.

Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences.

Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO.

But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again.

Ha, this is amazing! Well said.

Some clarity / good news on the regulatory side would be the perfect storm here. Imo Monero can run back to 0.0125 levels in a few days on very little extra inrerest.

Just my 2 monerujo

The last spike was 26 times fold. Let's take into account 50% loss in the spike of that because of the emission, adoption, bla bla blaaaa so that would end up in a 13 times fold.
0,006 * 13 = 0,078BTC/monero
0,004 * 13 = 0,052BTC/monero

I personally think our bottom will be 0,005'ish so that would end up at 0,065BTC/monero
My feeling tells me that we will hit the 0,065'ish mark a few months after the BTC halving, so keep on to your monerujo and then it will be lambo time  Grin Cheesy Wink (respectively Lexus and Ducati time for me  Shocked Cool)

cheers  Wink Smiley

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October 27, 2019, 10:53:44 PM
 #41419

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19

When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**.

Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences.

Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO.

But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again.

haha Tongue
the best will be 2 weeks from now, these guys will eat crow, what bad traders would buy XMR @450$ anyways lol
once RandomX comes into effect, should see nice run up going into the new year
prediction: 100$ by end of year, i really think RandomX is the best algo yet

 
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Jason.W
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October 27, 2019, 11:28:49 PM
Last edit: October 27, 2019, 11:58:28 PM by Jason.W
 #41420

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19

When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**.

Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences.

Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO.

But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again.

Well then I'm sure it'll be a pleasure holding with you all the way on down to 0.00315 some time next year fella, good catch I punched in 96% twice there rather than 91% and 96% as was intended. Regardless of that, the peak I was talking about was the one in May/June 2014, from which I recall it being a decent bit over $6.00, and not the peak you were discussing. It would help if exact dates were mentioned to begin with I suppose.

Despite that, Bitcoin had quite a bit of time it spent at the bottom of its 'two 90%+ declines', and this trough is exactly what I think this is heading into, and I again speculate it will be a time period of over one year and I personally hold anyone saying the opposite of that to be talking their bags up in order to exit a market they themselves have realized has a seriously high chance decline another 50% from exactly here. Certainly wouldn't be the first time someone has done that here.

And if it wasn't quite clear to you, I said very specifically that I wouldn't recommend buying if you haven't already been buying, not whatever you've seem to have read it as. This is because people who haven't been buying, often chase markets in an upswing .. for which I'm quite solidly convinced this'd be nowhere near a reasonable upswing until 12 months or more .. so telling new money to enter would be a very nasty thing to do right now, in my opinion.

C0A2A1C4
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