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Author Topic: Monero under 25 cents? What the hell are you waiting for?  (Read 13856 times)
iCEBREAKER
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February 16, 2016, 11:58:30 PM
 #101

bumping this thread because XMR is mooning us all.

New thread: Monero under one dollar? What the hell are you waiting for?


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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americanpegasus
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February 17, 2016, 01:49:51 AM
 #102

You could have 4x'd your money by now. 
 
Where else could you have gotten a fucking 400% return in a pure and legitimate asset in the past 12 - 16 months!?  Sure, options and shell companies, but we are talking something real here!  I'm only sad I came in at 50 cents and didn't catch the 25 cent wave. 
 
On the other hand, I honestly think sub-$1 Monero will look the same as sub-$1 Bitcoins do to us now by 2019.  I wouldn't be involved in this if I didn't see it going to Bitcoin+ levels in the coming years.

Account is back under control of the real AmericanPegasus.
aminorex
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February 17, 2016, 04:39:50 AM
 #103

The triforce is with us.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
davedx
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February 17, 2016, 06:37:46 AM
 #104

bumping this thread because XMR is mooning us all.

New thread: Monero under one dollar? What the hell are you waiting for?

What the hell is Monero?

Bitcoin is one piece of a larger puzzle to promote liberty, prosperity and democracy.
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meme magic
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February 17, 2016, 06:48:03 AM
 #105

bumping this thread because XMR is mooning us all.

New thread: Monero under one dollar? What the hell are you waiting for?

What the hell is Monero?

Good thing you asked, it was almost too late.

Monero is a cryptocurrency.
smoothie
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February 17, 2016, 07:55:23 AM
 #106

bumping this thread because XMR is mooning us all.

New thread: Monero under one dollar? What the hell are you waiting for?

What the hell is Monero?

From what I hear it is also a breakfast sausage.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
apriyoni
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February 17, 2016, 10:00:48 AM
 #107

The Monero price is dropping in similar to the Ethereum. It might take a while for it to resume upward price action.
Herp
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February 17, 2016, 11:47:22 AM
 #108

Was I right yesterday or what? Monero went to the crapper. It was fake volume and arranged pump all along. It wasn't an organic move up based on real buyers doing real buying.

Monero's not ready for prime time yet. The wallets are not working out of the box. Tested their lite wallet the other day. Didn't work.

The market cap should be somewhere around 4-5mil tops maybe lower.


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McDonalds5
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February 17, 2016, 11:50:06 AM
 #109

Monero bagholer cult is hilarious. Nobody cares  Smiley
GTO911
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February 17, 2016, 11:53:56 AM
 #110

This is huge! Flat Earth comfirmed!  Cool

Isnt this More hilarious?
apriyoni
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February 18, 2016, 09:51:59 AM
 #111

Was I right yesterday or what? Monero went to the crapper. It was fake volume and arranged pump all along. It wasn't an organic move up based on real buyers doing real buying.

Monero's not ready for prime time yet. The wallets are not working out of the box. Tested their lite wallet the other day. Didn't work.

The market cap should be somewhere around 4-5mil tops maybe lower.

The Monero price might drop further in the next few weeks. But I think it still has some value and the price will rise in the future.
aminorex
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February 19, 2016, 08:00:53 AM
 #112

The Monero price might drop further in the next few weeks. But I think it still has some value and the price will rise in the future.

Understatement of the millennium.  Doubt it can fall much for long, however.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
apriyoni
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February 19, 2016, 08:48:59 AM
 #113

The Monero price might drop further in the next few weeks. But I think it still has some value and the price will rise in the future.

Understatement of the millennium.  Doubt it can fall much for long, however.

There is constant supply of the Monero by miners with very little mining cost (botnets). So the price might not rise too high.
HeroCat
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February 19, 2016, 03:48:53 PM
 #114

Yes, the price of Monero is really low. But the problem is that Monero price can go down more and stay there - because there are limited people group, who use Monero daily and Monero mining can go up  Wink
smooth
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February 19, 2016, 09:42:17 PM
 #115

Yes, the price of Monero is really low. But the problem is that Monero price can go down more and stay there - because there are limited people group, who use Monero daily and Monero mining can go up  Wink

This part is incorrect. Mining rewards decrease with every block. They are reduced by half approximately every 18 months, until reaching a fixed minimum about 8 years from launch.

Pitchblackroom
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February 19, 2016, 10:17:11 PM
 #116

It does sound like this coin won't drop too much farther in the short term. So many purchasing some now would be a good idea fora  long term hold. However the userbase for this coin needs to go up.

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fortunecrypto
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February 20, 2016, 01:07:35 PM
 #117

Yes, the price of Monero is really low. But the problem is that Monero price can go down more and stay there - because there are limited people group, who use Monero daily and Monero mining can go up  Wink

This part is incorrect. Mining rewards decrease with every block. They are reduced by half approximately every 18 months, until reaching a fixed minimum about 8 years from launch.


I will keep this in mind if this is a fact,so you mean it;s much better to mine a coin in it's earlier stage than do it in a latter,if that's so then I will look on coins that are just launched and see my mining profit,this is the reason why it's hard to mine bitcoin because of the decreased rewards

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February 20, 2016, 01:31:47 PM
 #118

Given the current price and emission, daily mined coins cost only 7000-8000 usd. Given the size and wealth of the community, it could support even higher price than the current price.
I think personally the price could basically double at any time now. Once the GUI is launched, expect the price to go straight to the moon. Do not buy Moneros now when they are cheap but waite until the price is over 100 usd/xmr and then buy some of my coins. In this way I have even better liquidity (sarcasm).
apriyoni
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February 20, 2016, 04:29:19 PM
 #119

Given the current price and emission, daily mined coins cost only 7000-8000 usd. Given the size and wealth of the community, it could support even higher price than the current price.
I think personally the price could basically double at any time now. Once the GUI is launched, expect the price to go straight to the moon. Do not buy Moneros now when they are cheap but waite until the price is over 100 usd/xmr and then buy some of my coins. In this way I have even better liquidity (sarcasm).

So why the price is so cheap? It just needs $8000 to support the price per day? I thought we have big Monero community.
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February 20, 2016, 04:46:46 PM
 #120

Given the current price and emission, daily mined coins cost only 7000-8000 usd. Given the size and wealth of the community, it could support even higher price than the current price.
I think personally the price could basically double at any time now. Once the GUI is launched, expect the price to go straight to the moon. Do not buy Moneros now when they are cheap but waite until the price is over 100 usd/xmr and then buy some of my coins. In this way I have even better liquidity (sarcasm).

So why the price is so cheap? It just needs $8000 to support the price per day? I thought we have big Monero community.

The usual explanation: The whales have been accumulating I guess.  Grin

But yeah, the price is thankfully this year started to pick a little up. Chances are it is possible to make handsome gains if investing in these early days of dawn.
However, we need people also who will buy the coins from me when the price is approaching like 1000 usd/xmr. But, the problem is, I am not willing to sell that many even this price unless I need the cash for some reason. Now I am not needing => I am not selling but holding my bag like a stubborn camel.
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