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    Author Topic: [XMR] Monero Speculation  (Read 3316461 times)
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    equipoise
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    November 04, 2015, 12:03:35 PM
     #10801

    Nice to see XMR finally taking off !!!

    Yup - nice and steady at 50 cents and holding up better than many other alts.



    If you think holding up is losing 50% of its value against btc , which lets face it, is how most people bought into XMR and how most people will likely cash out then I'm confused.

    imo holding a $ value is scant compensation while missing out on double gains. (inb4 everyone says that double gains is nothing when XMR is going to do 100x)

    Sure it's an oppurtunity to buy more cheap but if there's anything this btc rally has shown is that alts in general are starting to become less and less relevant.

    There are so few people now holding XMR and in particular the ones holding the very large bags that aren't underwater right now.
    Be careful. I don't think this BTC rally is just over yet, but I may be wrong. In USD terms the current XMR price is +25+% compared to the waited average last 30 days and it's more then the waited USD average last year (~0.5$). My XMR buying experience is like buying with cash - I make a BGL (Bulgarian lev) BTC order, then I have 30 minutes to pay it with cash at 2300+ places in Bulgaria (no ID needed when buying, but it's needed if you sell for BGL). When I pay it the btc is sent to my poloniex account immediately and my bot start placing XMR orders. Last year my buying decisions were made mainly regarding the XMR/BGL price, not the XMR/BTC price and I think many are doing the same. If the BTC rally continues I think we are still going down a bit in BTC terms, but at some point there will be a reversal and it could be quite fast. The reversal of the XMR/BTC trend will take place at some point no matter if the BTC is still going up, but it'll be sooner if BTC drops or stays the same.

    About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
    BTC: 1KoCX7TWKVGwqmmFw3CKyUSrKRSStueZar | NMC: NKhYEYpe1Le9MwHrwKsdSm5617J4toVar9 | XMR (Tip me a beer OpenAlias Monero address): tip.changetheworldwork.com
    [XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX
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