It's possible that he's just stress testing the Monero market before joining us.

oh oh dosen't look good
i guess we will see at least sub 0.0010 prices soon

Regarding the bolded part, very few alts are actually used in real world scenarios. The aim of 90% of the market is to speculate on alts. Buy low sell high to aquire more fiat/btc. This will continue to be the case until real world uses for these alts are established. You cant be surprised as people move from coin to coin to acheive this goal.

Furthermore how much of a gamble is it to buy when Risto says that the price will start rising ? Compared to some alt plays I've been involved in that was the easiest wave to ride I've ever seen. One thing I've been pondering lately is what would have happened if the announcement had not been made and Risto chose to buy slowly and quietly instead of conjuring up such gusto within the market.

EDIT: I know I'm bearish in general and Ive been this way since 0.0035+ so I feel justified. Note I'm not saying that its crashing and burning just that this wave is subsiding. Another accumalation period will likely happen before another wave takes over. Its just market movements, bulltards and beartards both look stupid when they either say it's mooning or its dying.

I like using the idea of 'stress testing' to help explain why Monero, much like gold, needs a solid capitulation event in order to rebound to higher highs.

Thanks for triggering those stop-loss orders Mr. Dumper.  You are doing a fine job of pruning the Monero vine so it grows up strong and healthy.  Cut off the weak hands' branches so the strongest nodes may with time bear fine fruit.   

It's funny to experience the moment of someone selling 40k XMR at market price.

Bears like me gives market to the dumpers who come later to dump their coins.
Now I am waiting for a few persons giving up with their Moneros and then I re-enter and slowly become more bullish.  

I need some serious pain and to make the trolls quiet.. Still looks like the trolls are jumping on the tables and trolling me. 

Not looking good for Monero atm. I would not be surprised if it hits low .001s sometime in the next few months. Development seems to be moving along at a snail's pace and inflation won't get to reasonable levels until early-mid 2018. Not expecting any significant profit (1 XMR=$10+) until 2017 at the earliest. I won't buy more until the price drops below 25 cents, or the Dash/XMR exchange rate gets to around 20.

perhaps now people will give value to XMR, since another scam (BCN) is over it in marketcap.

@mrkavasaki

When price will come to 0.001 , you will buy or you will sell the rest that you will have left from selling all few days ago?


I see old group of Monero FUDers returned to Forum. Even kuriso is here, who was fully sure Monero will be worth 1 cent till last Christmas

I am buying here.