Quote from: vuduchyld on March 13, 2016, 06:30:40 PM

Quote from: TrueCryptonaire on March 13, 2016, 05:15:19 PM

I think the real war will be fought around 0.004. That's the spot Monero started to get dumped last year. Once that has been accomplished we are looking for war zones from 2014 and that will be sweet IMO.
If the coin is able to set a support at ATH, only there are no limits and Monero is then in the new orbit.

Just my two cents, but I'm not sure that the previous resistance/support lines are going to matter all that much moving forward.

I'm a bit concerned that the rising tide of ETH is currently lifting all altcoin boats. This all seems fine right now and many long-time XMR hodlers (myself included) now have unrealized gains instead of unrealized losses as a result.

However, I believe that XMR may be somewhat reactive (but with a lower beta) to ETH. As ETH brings new money into alts in general, XMR has probably benefitted. I'd say this notion of blockchain-over-bitcoin-itself is probably correct, but I'm not really sure whether investments in the tokens of ETH, FCT, and some of the others is actually a great play long term. If that becomes clear, I'd suspect XMR could be painted with a broad brush along with some alts that it doesn't resemble at all. If it happens on the way up (and I suspect it might be), it will happen on the way down.

Wouldn't be shocking if XMR scoots up past .004, .0043, .006, or even to ATH. But then it could easily tumble again back to .0018.

Longer term, I'm a raging bull, but I expect some SERIOUS and somewhat undue turbulence.

First of all, very good post, thank you for sharing your thoughts.

I agree in the most parts, ETH has brought a lot of investment funds into XMR and I think it will bring in the futre as well (I guess Etherium community is now so wealthy over all that they do not need to sell their coins for too cheap to get the bread to the table).
I am expecting Monero to have similar moves or even bigger than Etherium have had.
People in Etherium community in my opinion should start to look for alternative hedges to their profits and make a rake out plan which partially they reinvest in Monero. Monero works and fits excellent as a store of value over long periods of time because it is the best anonymous coin out there and you want your wealth to be known only by yourself, not your neighbourgh or some thief.

Lowering block reward creates shortages of Moneros if the demand starts to pick up. Monero community probably will not be also fireselling their coins (my diversification plan is set already - I have set a few sell orders and waite as long as they get filled, none of them are below ATH because it doesn't make sense to sell under ATH IMO).
The second part of my diversification plan is to try to buy as many assets with Monero as possible (assets that I qualify to be decent enough to my risk profile, perhaps gold and silver coins?).

I do not think there will be much turbulence, to me the growth of Monero seems to be pretty steady and bigger turbulence requires some bear whale to move - miners cannot do it anymore unlike perhaps 1-2 years ago.