[XMR] Monero Speculation

[vince212]

Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver

~0.026 marks the 38.2% retraction and coincides with previous resistance.

That should be a pretty reliable floor if you're able to get in there.

I think we will dip below 0,026 

If so, I shall be very, very happy to buy them.

Aminorex - I'm an avid reader of your thoughts

What do you make of the comments voiced here:

https://www.reddit.com/r/xmrtrader/comments/6wxh7e/why_i_sold_mine_now/

Are you still expecting 200 by Oct, 1K by March?

Seems very bullish

you can be bullish this weekend since there is an event in bithumb. i might go all in before the event

[Dr.D]

Event is about volume, higher price is not really needed so don't expect higher price ?

[minger1015]

Event is about volume, higher price is not really needed so don't expect higher price ?

Well it is about volume, but nobody wants to win the 5 allocated prices and first price being 100 Monero Coins when it has a low value and knowing
that the whales surely have big plans. There is a very high probability that the price will be alot higher for those 2 days and there will be major pumps and dumps
I am sure.

[minger1015]

Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver

~0.026 marks the 38.2% retraction and coincides with previous resistance.

That should be a pretty reliable floor if you're able to get in there.

I think we will dip below 0,026 

If so, I shall be very, very happy to buy them.

Aminorex - I'm an avid reader of your thoughts

What do you make of the comments voiced here:

https://www.reddit.com/r/xmrtrader/comments/6wxh7e/why_i_sold_mine_now/

Are you still expecting 200 by Oct, 1K by March?

Seems very bullish

you can be bullish this weekend since there is an event in bithumb. i might go all in before the event

Vince what are you expecting it to hit during the weekend and I know there will be wild swings of up and down. Just wanted to hear your thoughts.

[Dr.D]

Well it is about volume, but nobody wants to win the 5 allocated prices and first price being 100 Monero Coins when it has a low value and knowing
that the whales surely have big plans. There is a very high probability that the price will be alot higher for those 2 days and there will be major pumps and dumps
I am sure.

Do you think that 0.033btc on other exchanges is a real probability before the end of the event ?

[noobtrader]

https://www.reddit.com/r/Monero/comments/6v3b2g/psa_you_may_experience_some_transaction_delay_due/


wow....

what happened ?  why does it takes hours to confirm tx  in monero ?  do you realize Dash and Pivx confirm tx in split second ?

No coins have problems with transaction times if number of those dont increase.  Monero had them double this week compared to last month. And many many times more then 3 years ago. I know some coins have almost same in last 3 years.

Haha too true.  The bold is just a theory, really.  Once they have a transaction, they will be able to confirm 

https://bitinfocharts.com/comparison/transactions-dash-xmr-doge.html#1y   

[minger1015]

Sure why not!

As mentioned once the event kicks off or even prior there are going to be some crazy swings. Once the event is over I am sure there will still be a strong hold on a price
I can't speak for now we got to wait till Friday and see how things look and then on Sunday again. Just my 2 cents.  

[Globb0]

Shit I'm away this weekend. Here's to longer term gains holding.

[MorrisBuy]

https://steemit.com/cryptocurrency/@reminescu/i-finally-understand-now-why-neo-omisego-tenx-and-all-other-cryptocurrencies-are-not-moving-at-all 

[vince212]

Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver

~0.026 marks the 38.2% retraction and coincides with previous resistance.

That should be a pretty reliable floor if you're able to get in there.

I think we will dip below 0,026 

If so, I shall be very, very happy to buy them.

Aminorex - I'm an avid reader of your thoughts

What do you make of the comments voiced here:

https://www.reddit.com/r/xmrtrader/comments/6wxh7e/why_i_sold_mine_now/

Are you still expecting 200 by Oct, 1K by March?

Seems very bullish

you can be bullish this weekend since there is an event in bithumb. i might go all in before the event

Vince what are you expecting it to hit during the weekend and I know there will be wild swings of up and down. Just wanted to hear your thoughts.

well i dont know but my plan is to buy before the event whatever the price is and dump it before the event ends. then after that i think the price will be more stable. then decide for yourself when to buy

[JamesAdams]

What are the chances that Monero will dip below 0.026 sometime during next week? If yes I'll probably wait now and buy like crazy then.

[Hueristic]

https://steemit.com/cryptocurrency/@reminescu/i-finally-understand-now-why-neo-omisego-tenx-and-all-other-cryptocurrencies-are-not-moving-at-all  

https://thebitcoin.pub/t/tenx-omg-neo-ghost-month-pure-fud/4034

What are the chances that Monero will dip below 0.026 sometime during next week? If yes I'll probably wait now and buy like crazy then.

That really depends on Bitcoins price, Monero is more tied to USD right now so if .026 Btc is equal to about $125 then yes it may dip down there.

[Hueristic]

.

[aminorex]

What do you make of the comments voiced here:

https://www.reddit.com/r/xmrtrader/comments/6wxh7e/why_i_sold_mine_now/

Are you still expecting 200 by Oct, 1K by March?

Seems very bullish

Those comments are predicated on the notion that all crypto are created equal endowed by their creator with certain natural rights which are common to all but this is not true. In fact all crypto are created very unequal, some endowed with marvelous potential which has yet to be realized, others with Ponzi fatal flaws, many of which have already fallen by the wayside. Monero will not fall by the wayside, because of the capabilities of its community of developers and supporters. Even when a serious flaw in Monero has appeared in the past it is always been dealt with in a disciplined and orderly manner, allowing Monero to overcome hazards which would have rapidly strangled any lesser coin in its crib.

Today 40 XMR make 1 BTC, but when the economic potential of Monero is fully realized 40 BTC may make 1 XMR.  "People" may not care about privacy, although they are fools if so, but they do care about fungibility, whether they know it or not. They also care about extortion, taxation, theft, embezzlement, and kidnapping. Monero protects you against these things while Bitcoin does not.

If I were to produce a physical Bitcoin today the obverse would bear a vivid image of Cazes hanging by his neck in a Bangkok jail cell. So, yes, I am expecting 200 to 300 this  year simply on the basis of speculation discounting future fundamentals, and 1000 sometime next year on the basis of the emergence of a new functioning darknet economy, and furthermore expect fomo to rapidly push that up to 2500 before that bubble pops.

[timvim]

So happy Monero finally is starting to show its real potential. Have been a HODLer since $4, unfortunately I bought only a few at the time. I think Monero belongs in the #3 market cap spot, wonder how long it will be before the market realizes that?

[Nathan047]

So happy Monero finally is starting to show its real potential. Have been a HODLer since $4, unfortunately I bought only a few at the time. I think Monero belongs in the #3 market cap spot, wonder how long it will be before the market realizes that?

Well, I do think it has already jumped up a few slots in the past week or so, which must mean it’s already gotten some recognition. Now let’s hope it just keeps going up.

The current price is 128$.

[explorer]

Its always interesting to look back at past action, and compare.  Like BTC comparing  the spikes to 32, 250, 1200.  Each makes the last look insignificant.  A year ago, the XMR volume was so high that it made all previous disappear from significance. I was just looking at this (USD vol)

  https://coinmarketcap.com/currencies/monero/

It's Happening!

Oh, and Bithumb is now represented.

[aminorex]

Yeah, starting to look like the next level hop takes us to 200usd per.  What will the catalyst be?  Mandatory RingCT fork on 9/21?

[ArticMine]

Yeah, starting to look like the next level hop takes us to 200usd per.  What will the catalyst be?  Mandatory RingCT fork on 9/21?

When the market is ready to price in the fundamentals it will find an excuse.

[Hueristic]

I think I'm gonna start using Gingers Bananas afa calling it, Does anyone have a clue why everytime it starts to take off it gets suppressed? you would think on these type spikes shorters would get crushed and fuel the spike but the bears seem to keep the lid on. Or am I missing something?

And there's not much time left to join!

https://asktom.cf/index.php?topic=1971415.0