[XMR] Monero Speculation

[bitgov]

Libertas darknet website need some month to build trust and pump MONERO price...

I think the same, just inflame the popularity and the value itself will go up, just now how to do? I hope to someone get the perfect idea.

[Hueristic]

I speculate that my long will take another month before I can close at a break even. At least the lending rate has come down.

Also I tried to open another position and then cancel it on polo to lower my rate to the current market rate and that did not work.

[Hueristic]

I've always thought Saberhagen was a tip of the hat to one of my favorite reads.

https://en.wikipedia.org/wiki/Berserker_%28Saberhagen%29

Perhaps that, and Nicolas Bourbaki.

Maybe, I do think a little effort went into that particular pseudonym, guys like that like inside jokes.

[garytheasshole]

I'm not too sure it's a good idea to open positions at this time, with the upcoming bitcoin forks. At least my plan is to be with all bitcoin, dump both forks and buy back my alts, hopefully before they recover.

[Hueristic]

I'm not too sure it's a good idea to open positions at this time, with the upcoming bitcoin forks. At least my plan is to be with all bitcoin, dump both forks and buy back my alts, hopefully before they recover.

I opened my long in Sept. Bad choice obviously

[guesswho1234]

I speculate that my long will take another month before I can close at a break even. At least the lending rate has come down.

Also I tried to open another position and then cancel it on polo to lower my rate to the current market rate and that did not work.

haha im in the same boat. i plan to sell with profit tho. as you said lending costs almost nothing.

[sconklin321]

Yes it is a fact that the price has dropped a little but soon the price will rise faster than the old one. Monero is different from other coins and they are not as simple. I'm sure I will see her in much better places.

[Gradus728]

it's really cool that in general everyone argues on this topic. I like to participate in this discussion. It's very cool that an increasing number and my friends are involved in all this "turmoil". And also, in principle, to understand that the Alcoccans and the crypto-currency surrounds themselves around the sign and the critics, and to see themselves in this list

[Hueristic]

I speculate that my long will take another month before I can close at a break even. At least the lending rate has come down.

Also I tried to open another position and then cancel it on polo to lower my rate to the current market rate and that did not work.

haha im in the same boat. i plan to sell with profit tho. as you said lending costs almost nothing.

Yes it is a fact that the price has dropped a little but soon the price will rise faster than the old one. Monero is different from other coins and they are not as simple. I'm sure I will see her in much better places.

Hah, I can answer you both with the same line!

Yup all Long term Holders believe this and are taking positions to take advantage of this fact.

[KeyJockey]

Now, ETH has hard fork drama which could be catastrophic, so everything built on ETH suddenly looks super risky.

Can you elaborate on this? What's happened with ETH fork that "could be catastrophic"...?

Your comment is first I've heard of it, and moreover it seems to have just glossed over everyone in this thread too!  Am I, again, the last to know??  Doh!!  LOL ...

[LennyCarl]

Now, ETH has hard fork drama which could be catastrophic, so everything built on ETH suddenly looks super risky.

Can you elaborate on this? What's happened with ETH fork that "could be catastrophic"...?

Your comment is first I've heard of it, and moreover it seems to have just glossed over everyone in this thread too!  Am I, again, the last to know??  Doh!!  LOL ...

Dude, you didn't know about the upcoming catastrophic Eth fork?!? Pshhh!

(Heh, I am also unaware... double D'oh! Heck ,what other threads/sites do you guys usually monitor?)

[Hueristic]

Not sure about the ETH HF either but there is this.

https://www.wsj.com/articles/tezos-raised-232-million-in-a-hot-coin-offering-then-a-fight-broke-out-1508354704

[starmman]

Yes it is a fact that the price has dropped a little but soon the price will rise faster than the old one. Monero is different from other coins and they are not as simple. I'm sure I will see her in much better places.

Yeah - I'm wondering who else is selling - I understand people want more BTC due to these fork that are coming out - but right now if you buy alts you'll get way more back than the forked bitcoins when they are pumped again

[walonek]

How do you longterm holders look right now? Who sold at 0.03 or even 0.02 made money. Everyone missed his time. Simply noMore. noMore even cant rebounce upto 0.02. Waiting for frustrated holders to attack me. I hold for 1 year and sold and at least I am happy that i made money from lazy, one of biggest coins, which looks today as crap at over 1 year timeframe(comparing to the market).  BTC frozen for over 1 year is too long. I predicted 0.02 at rebounce but that even made shit! noMore is such weak coin...

[Globb0]

Waiting for frustrated holders to attack me.

Goading. However, its not worth the oxygen.

Everyone has your message and you now add you are not very good at predicting stuff. OK noted.

[walonek]

Waiting for frustrated holders to attack me.

Goading. However, its not worth the oxygen.

Everyone has your message and you now add you are not very good at predicting stuff. OK noted.

Look how many did not belive that noMore would be at 0.016. Maybe it will rebounce to 0.02 but at the moment the RSI is SO LOW that even i cant belive that... So weak coin. noMore is simple fallout from nuclear explosion of alts of last year.

[starmman]

How do you longterm holders look right now? Who sold at 0.03 or even 0.02 made money. Everyone missed his time. Simply noMore. noMore even cant rebounce upto 0.02. Waiting for frustrated holders to attack me. I hold for 1 year and sold and at least I am happy that i made money from lazy, one of biggest coins, which looks today as crap at over 1 year timeframe(comparing to the market).  BTC frozen for over 1 year is too long. I predicted 0.02 at rebounce but that even made shit! noMore is such weak coin...

My trading strategy is fine with the current price - it feeds off volatility, so personally I'm fine with the current situation, however if the price halved i'd almost be out the market. I make BTC all the way up and XMR all the way down.

[walonek]

How do you longterm holders look right now? Who sold at 0.03 or even 0.02 made money. Everyone missed his time. Simply noMore. noMore even cant rebounce upto 0.02. Waiting for frustrated holders to attack me. I hold for 1 year and sold and at least I am happy that i made money from lazy, one of biggest coins, which looks today as crap at over 1 year timeframe(comparing to the market).  BTC frozen for over 1 year is too long. I predicted 0.02 at rebounce but that even made shit! noMore is such weak coin...

My trading strategy is fine with the current price - it feeds off volatility, so personally I'm fine with the current situation, however if the price halved i'd almost be out the market. I make BTC all the way up and XMR all the way down.

For buying yes. It probably is good time. But looking at history of noMore movements. At the market are MORE better behaving coins. 3D RSI even at levels of 35. Highly oversold market still selling! Last time RSI dug so deep was before the august pump. But it dug fast and fast grown. At the moment the noMore is falling for OVER 1 MONTH without any buss stops or rebounces. Weakest coin of biggest... even LTC behaves better

[starmman]

How do you longterm holders look right now? Who sold at 0.03 or even 0.02 made money. Everyone missed his time. Simply noMore. noMore even cant rebounce upto 0.02. Waiting for frustrated holders to attack me. I hold for 1 year and sold and at least I am happy that i made money from lazy, one of biggest coins, which looks today as crap at over 1 year timeframe(comparing to the market).  BTC frozen for over 1 year is too long. I predicted 0.02 at rebounce but that even made shit! noMore is such weak coin...

My trading strategy is fine with the current price - it feeds off volatility, so personally I'm fine with the current situation, however if the price halved i'd almost be out the market. I make BTC all the way up and XMR all the way down.

For buying yes. It probably is good time. But looking at history of noMore movements. At the market are MORE better behaving coins. 3D RSI even at levels of 35. Highly oversold market still selling! Last time RSI dug so deep was before the august pump. But it dug fast and fast grown. At the moment the noMore is falling for OVER 1 MONTH without any buss stops or rebounces. Weakest coin of biggest... even LTC behaves better

The last pump was crazy - it really caught me short - so no surprise that the correction is also pretty steep - I have the feeling that the next increase will be pretty (but not as) volatile too. I should probably increase my profit margins on my XMR strategy, as its currently similar to my LTC strategy - which as you say is way more stable. Not sure if any rebound will happen before the BTC forks but depends upon how sharp and deep these sells continue to be and how tempting the price becomes.

[aminorex]

There were late breaking bugs in Byzantium, so Parity Tech wants it pushed back, to avoid the possibility that a rushed fix does serious harm, but core seems hostile to the delay, in large degree because of the impending difficulty bomb: If Constantinople, and full-on PoS, doesn't come very soon, the bomb will create a lot of volatility, in block times, and in prices (just when EOS is set to become a serious competitor)... There are just too many ways for this to go wrong.  Each is unlikely in isolation, but in aggregate it adds up to an awful lot of risk, right after a massive pump.  That is likely to spur a lot of profit-taking, in my opinion.  

The golden boy of crypto is starting to look green around the edges, and a bad smell accompanies him into the room lately.  ICOs have been driving BTC, and ETH even more so.  Now that they are drying up or domiciling in third-world havens (unattractive to investors) as regulators crack down in all the first and second world countries, now that the only platform for ICOs that matters is beginning to shake, the ICO inflows are drying up, and the recent correction may very well be the start of a crypto sector cap shrink, another crypto winter, another bubble pop.  The tide may be going out, and we may soon see who has been swimming naked.  

On the other hand, this is just the sort of fraught situation which creates a wall of worry, and persistent hidden demand could force price to climb that wall.  It seems very binary to me.  (And when everyone thinks so, then price will stagnate, plateau, and form a long term base.  Such is the contrarian's reality: A hall of mirrors, Spy vs. Spy.)