Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
vokain
on 03/04/2015, 01:44:07 UTC
Now is the time to buy, considering that rumor says the webwallet is out in 2 weeks..
troll asci art clipped

Your point?
price now is the first time that the price is higher than the price at the time the post recommended a buy? Maybe think for yourselves?

Webwallet was released on 25 november 2014 IIRC, price soared from 0.00136 to 0.00172 but tanked shortly after that. So I think that argument could be debunked, since we overtook that atleast one more time after that.

Considering a saying commonly known amongst traders, "Buy on rumor, sell on news," one should take the recommendation, "Now is the time to buy," at face value as a recommendation to start buying on October 12.

That LordSonjai would take too significant the recommendation is a reflection upon those who follow. It's not like it's a bad call, in the grand scheme of things.