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    Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4674922 times)
    newb4now
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    July 21, 2015, 10:43:47 PM
     #25661

    So, let this be the official announcement that the price of monero will now start rising.

    We would hope the rise to be gradual, but it is very difficult to cap once it starts. Not many want to sell their precious stashes below cost. In fiat, we are still at 10-15% the cost of most holders.

    Everyone who reads this is asked to keep calm and buy at most a very small amount per day, but instead be very vigilant in selling at the best opportunity. Large holders are entering in, we need them, and they need the coins! Smiley 

    Trolls want to know what I think exactly concerning the timing of the rise. That is however reserved for IRC only.

    Does anyone feel a sense of deva vu between Feb announcement (before last spike) and now?

    Today the general meeting of a certain Finnish company that already owns about 1% of XMR outstanding, has decided to refocus the company's mission to be a Monero fund, with the objective of converting its BTC holdings to XMR, and issuing shares to select parties and use the proceeds to acquire more XMR.

    I think the difference now is that we are much closer to LMDB release and there are a lot of exciting things in github.

    Development really seems to be picking up lately at the same time as emission is slowing. Somehow I think the next rise in XMR might be much more sustainable than the last. We shall see....
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