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    Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4675252 times)
    Rodeoweb
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    October 02, 2016, 10:17:36 PM
     #32661

    @malekbaba

    You're wrong.

    correct me, please. I also want my investment back.

    My advice, if you want your investment back, reinvest your XMR loss into BBR. CZ is a proven CN developer, easily the best developer that has worked on any CN based coin. His absence from BBR over the last year has cause the price to hit all time lows. From his recent activity and other developer interest in the project, BBR could easily do a 20x from it's current market cap. Another sound investment is SDC, the upcoming marketplace should have a similar return on investment. XMR is on a serious downward trend and it won't stop until the coin is hovering around its pre-pump position. The thing about pumps is if you have to have all your ducks in a row to support it long term. XMR has no GUI and its developers haven't shown any competence to create one over the last years. Their solution is mymonero.com.. a web wallet ran by a troll "developer".. that has resulted in theft of XMR... Go figure.

    Crypto investors lose faith in projects when developers don't show competence. For example, CZ made a functional GUI for BBR in a few weeks. He did a lot for BBR in a short period of time that XMR hasn't been able to do in years. A lack of a GUI might seem trivial but usability is a key factor in sustaining pump levels. Darkcoin was also added to a few darknet markets long ago but it has sustained its pump levels because of usability. Something XMR devs fail to acknowledge and seem incapable to fix.

    Anyone who believes XMR will recover to peak pump heights, is either delusional or hasn't been trading long enough to understand the mechanics of a pump and its relation to sustainability.
    I have to disagree with you. I've been trading for well over 20 years, not in crptocurruncies but in equities, currencies and commodities. There is no difference in price patterns in a free market and from a technical analysis pov xmr recent move is a breakout from it pervious price pattern which almost always follows a retracement. Xmr is performing Almost a perfect technical move and I bought in based on the technicals. Trader do not buy on fact, they buy on anticipation which by the way is the GUI and the benefit of xmr. Furthermore Hearing this term, pump n dump, is so layman and shows your ignorance in trading.
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