[XMR] Monero Speculation

[Hueristic]

Owchie this part of the volatility is not the fun one.   

 


par for the course!

This time I think the dumpers are going to seriously regret it unless its paper on that kucoin exchange.

 I checking into it and its a shady unknown and probably playing with binances playbook.

Registered in  a no extradition county island off Madagascar.

[cAPSLOCK]

Owchie this part of the volatility is not the fun one.   

 


par for the course!

This time I think the dumpers are going to seriously regret it unless its paper on that kucoin exchange.

 I checking into it and its a shady unknown and probably playing with binances playbook.

Registered in  a no extradition county island off Madagascar.

Naked short monero is such a fucking good game.

Until it isn't because it's Russian roulette.

It's a bit fantastic, but I would not be surprised if we saw a dramatic take down of something like an exchange like that.  Some kind of rug pull because someone's gonna have to pay the piper in the end. I guess the people who might be doing this have to be considering Plan B and Plan C.

And if we did have the fortune to watch that happen, it would be something that I hope Bitcoiners see for the full reality of what it is, because this same risk is flooded into Bitcoin, even though Bitcoin is transparent.

I'll be interested if you have any more thoughts on Kucoin or the like.

[cAPSLOCK]

[Hueristic]

People continually forget there are only 18 million.

[johnfoss]

The Monero Moon newsletter issue 87 -


https://www.themoneromoon.com/p/the-monero-moon-issue-87


*Price still looks great, currently retesting previous ATH levels. Side ways consolidation then grind back up slowly. ;-)

[cAPSLOCK]

Of course, the Bitcoin price action right now is not any fun, but I have been comforting myself somewhat with the Monero Bitcoin pair, which has been doing nothing but improving recently.

Interesting times, interesting dynamics.

[Hueristic]

Of course, the Bitcoin price action right now is not any fun, but I have been comforting myself somewhat with the Monero Bitcoin pair, which has been doing nothing but improving recently.

Interesting times, interesting dynamics.

Cool, haven't even looked at that pair since we lost .008.

[cAPSLOCK]

Of course, the Bitcoin price action right now is not any fun, but I have been comforting myself somewhat with the Monero Bitcoin pair, which has been doing nothing but improving recently.

Interesting times, interesting dynamics.

Cool, haven't even looked at that pair since we lost .008.

Well, I'm definitely thinking big picture, you know, it did that crazy sky rocket fall back down thing but Overall the trend and Bitcoin is up.

[Hueristic]

Of course, the Bitcoin price action right now is not any fun, but I have been comforting myself somewhat with the Monero Bitcoin pair, which has been doing nothing but improving recently.

Interesting times, interesting dynamics.

Cool, haven't even looked at that pair since we lost .008.

Well, I'm definitely thinking big picture, you know, it did that crazy sky rocket fall back down thing but Overall the trend and Bitcoin is up.

Yeah, nice not having the scarcity diluted with fucking fake injected liquidity derivative paper, isn't it.

Eventually everyone will figure that out and only 18 million coins.

[nutildah]

Crazy price action these days, and we have yet to endure the worst. The good thing is after the bloodletting is done, we'll see which of the privacy coins comes out still standing, and well I already know its gonna be XMR. All this talk about ZEC is performative and it was disappointing to see a lot of big bitcoin maxi twitter accounts shilling ZEC.. some even went as far as to take dumps on XMR for being "underfunded" (aka lacking VC funding). In any case, true utility coins that do what they advertise are hard to pump, which is why the XMR pump wasn't as big as ZEC's. That's something I've learned over the last decade.

[cAPSLOCK]

Okay, I apologize for saying anything positive about the Matero price. Hopefully Matero is listening and will stop being mad at me.

[johnfoss]

Monero Moon newsletter issue 89 is out now! Feel free to check it out!

https://www.themoneromoon.com/p/the-monero-moon-issue-89

[Alpen]

Anyone with eyes and a basic grasp of TA can see Monero’s clear uptrend over the past month. Since February 6th, the trend has been textbook: higher highs at points 1 and 2, with every new low at points 3, 4, and 5 sitting well above the previous extremes.



Meanwhile, more than half of the top 30 cryptos are still stuck in a sideways range, and Bitcoin remains unable to break the $70K resistance.

By the way, did you catch the US Treasury Secretary defending crypto mixers in Congress? The argument was that every crypto owner has a right to financial privacy. If mixers become 'legitimized,' I suspect privacy coins will be relisted on major exchanges. In that case, XMR will easily recover all of last year’s losses