Many don't feel comfortable with command-line so they just keep the funds on the exchange. Having funds so easily accessible, just one click away, makes it a lot more tempting to sell. Multiply that effect with a lot of people and it can explain why there's so many dumps and big price drops as everyone starts impulse selling at the same time, and even buyers are left with XMR on the exchange that they may use to dump price further down in a moment of uncertainty.

Bitcoin on the other hand is easy to store off the exchange which makes it less likely that people will impulse buy. So we have a cycle of slow and steady price increase, and once momentum is gone a violent fast crash.

This is just a theory, and is probably just a part of the reason. Other reasons could include whales dumping to break support levels and acquire more, shorters profiting from falling prices etc.

The liquidity for XMR while still good, is significantly less than ETH so it's easier to drive the price in any direction. Traders will take advantage of that.

Because:

https://bt.irlbtc.com/view/1413819.msg14678171#msg14678171

I've been warning everyone here for the past months, that CC will be very volatile until 2017. Monero is a long-term HODL that you accumulate on the dips for now. It is not a get rich quick altcoin.

Well that sucks.  BTC-e is the perfect marketplace for the bitcoin alternative (which XMR needs to become).

If get 1 monero every time i read Dash in this "[XMR] Monero Speculation", ill be monero  whale  


EDIT ::: If get 1 dash every time i read Dash in this "[XMR] Monero Speculation", ill get a masternode LOLL

It doesn't suck. Monero has done a pretty decent job riding on the coat-tails of DASH. If DASH continues to succeed at this rate, Monero has a good chance to hitch a ride when people diversify into riskier assets.

However, I still think XMR is overvalued at its current price. I (and I'm sure many others) will be happy to buy back in at a much lower price. Heck, even the XMR believers in this thread are saying things like "I don't need to buy more at this price"

its obviously jk on my part being monero whale or owning masternode 

btw you were quoting the word, so its still OT as you were talking about Dash instead of XMR.
 

Yeah. Suddenly all "thx for cheap coins", "last change to buy cheap", "soon DASH\ETH\etc mcap will be consumed by XMR" guys are gone. It is so fun to watch this over and over again 

Hmhmmmm ... I'm not gone.  Dash will be consumed by XMR.  Actually DASH will be consumed by the fact that it's offering slick marketing gimmicks and over engineered solutions with what should be left to math (mostly in order to artificially tie up supply and push the market cap up).

Anything less than $1 and I'm buying (although I suspect even $1 - $2 is a good deal depending on what happens with Zcash ... which is the real factor here.  Not Dash.)

Nothing has changed in the last year.  Dash is ahead because of the supply being artificially limited by cutting it in the early days and tying it up in the masternodes.  Monero is cheap because of the glut of releasing so many coins to the market daily.  When they daily emissions between XMR and Dash/Dark get even close to each other you'll see yourself munched - until then enjoy your spot

Well that's odd & cool I guess.  What exactly does it do?  Is it for merchants to boot up on demand wallets without having to install them on a VM?  Why would you need Microsoft hosting?