This is what happens when people here troll someone who has bought Monero (Crowdwhale), and make him want to leave. He sells and we all have to sit here looking at our -7% Monero.
I am very sad that that happened.
No one trolled him. He came in flinging around a series of temper tantrums because the price wouldn't move the way he wanted, demanded 'the boogeywhales' cater to him or he would leave and go back to Forex, and no one obliged his ego. Monero ill needs holders like that. If that was him dumping his stash I would say we are better off without those XMR being in his hands. Monero is the most sophisticated financial asset in the world - if you dump it because the other holders don't pander to your whims, then I'm not sure you deserve what comes next anyway.
Once again a mischaracterization. You seem to read anger where there's either humor or dismay. I critiqued the whale, as did others, and then made a joke about him beaching himself. I said I would go back to forex if it reached a certain price because it meant I'm just not suited to these manipulated markets. Nowhere did I insult anyone other than a faceless market manipulating whale, and nowhere did I "whine" or "cry" or "rant" or anything of the sort. You guys must be really bored.
Yeah this is the speculation thread. I mean, the price goes up, the price goes down. Recently its been going up. A lot. I mean, I was here when this thing was 20 cents. 20 goram cents! Damn I shoulda bought more. Stupid mining hardware so much fun to build.
Anyway. I'm obviously a monero perma-bull, but I really have a hard time convincing myself that monero aint going nowhere but up. I mean, really, the only thing that could kill monero is if cryptocurrency failed in general. Which I guess is why monero perma-bulls are also sympathetic bitcoin supporters, like "yeah.... you guys just keep doing your thing... don't mind us over here. You just make those on and off ramps work nice and fine."
So my speculation.... we'll probably be between this ridiculous $1.50 and $1.20 for another while before the GUI is out (ridiculous... because it was 20 cents). When the GUI comes out, we'll have a good ol' spike, and then poloniex will experience a massive run on its monero holdings. Be interesting to see what happens when there's less monero just sitting in peoples accounts on poloniex. "Oh damn, I gotta load my blockchain to get in on this price action?" After the GUI comes out, with I assume its packaged XMR.to functionality, we'll see a slow but steady climb as people go "well... I could mix my bitcoin... or just buy some monero."
And then RingCT will come out and we'll all be like
( mindblown.gif. Damn you image proxy )
