[XMR] Monero Speculation

[explorer]

I think we just popped a hundred bucks, gentlemen.

What'd I miss? 

[elrippos friend]

Get ready for all the phone calls from distant family members.

Definetly 

[Hueristic]

Such volume, much W0W



I think anyone that has sold recently is going to regret it.

[explorer]

Such volume, much W0W

What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.

[Hueristic]

Such volume, much W0W

What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.

I watch binance, volume has been super low for quite awhile now. People are not giving up their coins so readily.

[NeuroticFish]

Right now it's a bit more than 3.75% in the past 24 hours, closer to 10% in fact.

I stand corrected. And impressed  

And that is a rise against BTC.  If XMR/BTC can just get up into middling historic levels, say the mid teens - and Bitcoin has the year most expect in 2021, then in USD terms, 10X is plausible.

I care only about XMR/BTC. But I understand your point.

What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.

Afaik Binance has the bigger share of the volumes. https://www.worldcoinindex.com/coin/monero
So I use to get the price from Binance. And as I stated, I care only about XMR/BTC. https://bitcoinwisdom.io/markets/binance/xmrbtc

[Febo]

LOL. That August 22th 2016 chart was just for good memories. 
What we have now ahead is to make this years ATY in Bitcoin. On 15th February price was 0.0095 btc.  Tesla share is more then double of the pre covid-19 price. There is no reason why Monero would not reach pre covid-19 price right now.

[cAPSLOCK]

Alright, after a rip like yesterday no surprise we pull back especially in this overall crypto market being in a natural, healthy contraction.

I would just love to see Monero form a new base here... hopefully north of .008 from which to continue it's well deserved appreciation.

In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.  But I think we should see fairly decent support at 81 even if we dip that low.

[bitebits]

[...] On 15th February price was 0.0095 btc.  Tesla share is more then double of the pre covid-19 price. There is no reason why Monero would not reach pre covid-19 price right now.

Why, because they both need electricity to work? 

[kurious]

Right now it's a bit more than 3.75% in the past 24 hours, closer to 10% in fact.

I stand corrected. And impressed  

And that is a rise against BTC.  If XMR/BTC can just get up into middling historic levels, say the mid teens - and Bitcoin has the year most expect in 2021, then in USD terms, 10X is plausible.

I care only about XMR/BTC. But I understand your point.

What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.

Afaik Binance has the bigger share of the volumes. https://www.worldcoinindex.com/coin/monero
So I use to get the price from Binance. And as I stated, I care only about XMR/BTC. https://bitcoinwisdom.io/markets/binance/xmrbtc

Respect for a decent response, we are on the same side, Sir.

I only really care about XMR/BTC too. In crypto Bitcoin is king, we must judge any coin by its value in BTC - especially as fiat deteriorates.  I mentioned the USD price as it's a significant signpost on the road we travel along.  That said, seeing us at (say) north of 0.017 again against BTC is my real wish, of course. 

If we are right to have hodled for all this time, it will come.  And in all honesty, I think we are... right.

[cAPSLOCK]

In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.

[explorer]

In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.

Not yet, but...  Soon.

[kurious]

In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.

Yup... Bitcoin as always dictates the market.  Sub $11,500 was a bit 'ouch' but normal service will be resumed soon. 

[Febo]

The bottom picture is an idea. does it works in 2020 Criptoverse? We will see, but it did not really showto work this past week.
https://web.getmonero.org/2020/08/18/network-upgrade-october-2020.html

The biggest research in 2020 and 2021 will be most likely Triptych. If that will work and be successfully implemented that will be really huge.  

[elrippos friend]

The bottom picture is an idea. does it works in 2020 Criptoverse? We will see, but it did not really showto work this past week.
https://web.getmonero.org/2020/08/18/network-upgrade-october-2020.html

The biggest research in 2020 and 2021 will be most likely Triptych. If that will work and be successfully implemented that will be really huge.  

Fabulous news in the highly appreciated work of our DEV team 

[gembitz]

Such volume, much W0W

What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.

I watch binance, volume has been super low for quite awhile now. People are not giving up their coins so readily.

binance dog eaters is the most legit xmr exchange? :-D lol tell me more!

[explorer]

In the past when we see these sorts of big moves they tend to get smacked back down into the sub 8 range.

*sigh* lol.

Yup... Bitcoin as always dictates the market.  Sub $11,500 was a bit 'ouch' but normal service will be resumed soon. 

OK, let's try this again.

[kurious]

It's managing to stay up back over .008, I think that says something.  As the big beast rises back up again, Monero will too but I also think it will continue to increase in value against BTC.

My gut feeling is that we will not be unhappy with where XMR is by the month end and into Sept.  

Beyond that things are difficult to call as I think Bitcoin has been going through faster, then slower blocks and difficulty weirdness.  This will settle, though. The test of the mid $11K range was a little odd and it should be back pretty quickly to a better price.  Too much is going on that is positive for Bitcoin right now, no one bar the miners are selling.  Who the hell wants to cash out, or even spend Bitcoin right now?  It can't stay at this level for long.

We will just have to wait and see, but short term it's looking good and for now XMR should ride it well.

[Hueristic]

I watch binance, volume has been super low for quite awhile now. People are not giving up their coins so readily.

binance dog eaters is the most legit xmr exchange? :-D lol tell me more!

Ohh, I learned a new insult.

[explorer]

It's managing to stay up back over .008, I think that says something.  As the big beast rises back up again, Monero will too but I also think it will continue to increase in value against BTC.

My gut feeling is that we will not be unhappy with where XMR is by the month end and into Sept.  

Beyond that things are difficult to call as I think Bitcoin has been going through faster, then slower blocks and difficulty weirdness.  This will settle, though. The test of the mid $11K range was a little odd and it should be back pretty quickly to a better price.  Too much is going on that is positive for Bitcoin right now, no one bar the miners are selling.  Who the hell wants to cash out, or even spend Bitcoin right now?  It can't stay at this level for long.

We will just have to wait and see, but short term it's looking good and for now XMR should ride it well.

My mystical chart has BTC breaking upward mid September.  XMR seems as always to be a wild card, but its due to take a bigger chunk out of BTC.  Overdue, methinks.