Post
Topic
Board Altcoin Discussion
Re: Monero will probably be the next +10x coin
by
numismatist
on 24/03/2016, 09:55:14 UTC
Your 'technical analysis' though... pretty much has no sound reasoning behind it at all. You posted a picture, wrote down three maybes, made a conclusion and gave the advice of a 'safe time to get in'.

Most noticeable he missed the point that "accumulation" always happens on the flat line. Each and every Pumpcoin.
The successional three pumpwaves are looking miserable, as if hitting on big bagholders. Usually there is no fourth pumpwave.

Where it says "not a lot of accumulation going on obviously" is not true.
Accumulation is going on the entire time during periods of what looks like no activity.
Monero deserves higher valuation but not until it becomes widely used in dark net.

^^^ this. Two or three Markets, and one official GUI, and +10x is no issue. But not today.