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    Author Topic: [XMR] Monero Speculation  (Read 3316451 times)
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    Come-In-Behind
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    November 17, 2014, 09:33:57 PM
     #1481

    People fudding XMR in anticipation of the Cryptsy pump should be ashamed.

    LOL  Grin Grin Grin

    People buying in cryptsy pump should be ashamed IMO.

    My advice is to find the equilibrium price for the coin and not to pump it artificially.
    When the equilibrium price has been discovered, then it is time to start accumulating and the price will be able to start rising.
    If the price is too high for the absorbing the coins, then the price keeps falling, if the price is too low (meaning: there is more demand than the miners can supply at the price, the price will rise).

    Personally I will start my buying at 0.0005 levels and see if it is too high or too low.

    Tbh, you're completely wrong. There's no such thing as a equilibrium price in crypto. Does Bitcoin has a equilibrium price? No. Price depends on demand, and you get demand from (insert here). Pumps in themselves are not artificial, if you want to go that route. Then I can claim every cryptocurrency, especially Bitcoin, is "artificial", ever heard of the bot Willy, who pumped bitcoin to it's all time highs seen in November? Yea...
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