We're going from bad to worse.....
I purchased a bit right before polo went down.
What's the price at?Exceedingly stable, at 0.00231169
Kind of like a safety meeting: Nobody Works, Nobody Gets Hurt.
How can you call a 40% drop in a few days "Exceedingly stable"?
I get that you are long on XMR, but that is delusional as hell.
ThePatient asked about price since polo went down. I answered quite literally. No change
is stable.
Loosen up a little.
Oh, so no change in the last 1-2 hours qualifies as "Exceedingly stable" unlike the last 48 hours where XMR took a fat shit on everyone who had been buying into the hype.
Its that kind of ridiculous pump/hype spin that people hate about crypto and alt coins.
It perfectly qualifies in context. You are the bad faith troll in this case. Welcome to my ignore list, by the way
wtf, there's no context where you could define the current XMR price "exceedingly stable"
Exactly. It's an absurd statement that has no basis in reality. The last few hours have been "Exceedingly stable". Perhaps when compared to the damn near record breaking fall that has happened over the last couple days, anything could be considered "Exceedingly stable"
Its not just that one guy either, there are actually people defending that train of thought. That's exactly what I was talking about. The kind of complete bullshit spewed by these pumpers/hype-artists/"marketing" scammers.
XMR is a good alt coin, but a lot of this community is so full of shit. If you want people to eat the shit you are trying to shovel them, tone it down a bit closer to reality.
Slow and steady wins the race. No need to pump (and dump) constantly.
It wasn't that long ago that it was $0.50. The rise obviously came from people diversifying Eth. It appears that this money is now going back into fiat or bitcoin (for the amount alts have dropped - bitcoin hasn't risen. In the same way bitcoin didn't fall with the altcoin rise. I find both very puzzling when we are talking about volume in the alt market that is over half of bitcoins total volume).
Maybe Risto is jumping ship for the halvening (wouldn't surprise me).
Anyway. I bought in when it was $0.50ish. I feel like $1.50 is a much fairer valuation. I've quit buying silver to pay off my mini GPU farm and switched to buying Monero. Hope I don't hate myself later. But XMR should fairly be at the price of Dark/Dash ... it isn't because of the emission curve. Isn't the GUI coming soon? Emission curve should be slowing down this year. Only unkown is ZCash.
This is just one more of dozens of examples of where people can be pointed to when they accuse XMR of instamine. High emission rate screwed early adopters as much as late adopters.