Quote from: ArticMine on June 15, 2016, 11:10:23 PM

Quote from: Febo on June 15, 2016, 05:51:30 PM

I dont understand that compared to last half year, last 2 weeks rare is selling Moneros. Why this sudden change. Did all who wanted BTC for halving already sold them in past half year? Or something is expecting?

The fundamentals for Monero are very different from last year. We have a significant drop in the emission and more importantly an even greater drop in the inflation rate. We also have seen some very significant improvements in Monero project. https://getmonero.org/2016/02/10/monero-missive-2015-year-in-review.html One very significant improvement, that has a direct impact on usability, in the removal of the large memory requirements for running Monero, from well over 9 GB to under 300 MB. This means support for 32bit GNU/Linux and Windows including Windows XP and support for ARMv7 devices.

Quote from: Hueristic on June 15, 2016, 10:26:08 PM

Quote from: americanpegasus on June 15, 2016, 09:41:59 PM

The answer is surprisingly simple, yet infuriating. Buy Monero, secure it in cold storage, and then help build the Monero economy and community. Don't worry about the price.

For example, if Bitcoin goes up, but so does Monero's BTC ratio, getting out of Monero temporarily to ride the Bitcoin wave up will ultimately hurt your XMR holdings.

I have to disagree here (make note anyone that thinks this thread is a circle jerk), it all depends on the amount you own. For instance my holdings were so small that I was able to cash out without effecting the price in any meaningful way. I agree that partially cashing out is stupid just as the morons that lend at such a low rate are shooting themselves in the foot.

Now I am 100% certain and have absolutely no doubt that Monero is the best Virtual currency bar NONE but in order to increase my holdings I am taking from the BTC bubble and will buy back in when it pops and I expect XMR will dip down to 1 usd again and I will get back in then.

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I am with americanpegasus here. My take is that the current rise in Bitcoin is driven to a large degree by fear in the fiat markets. A significant factor in the latter is the threat of Brexit. If Bitcoin moons for what ever reason I would much rather be in an alt I believe in than in Bitcoin. I base this to large degree on the price behavior of most alt-coins during the Bitcoin bull markets of 2013.

Ummm, I never even had an opinion on why BTC is on the rise so how can you say you agree with him and by extension not me when I never presented an opinion on the btc rise? I stated I would rather have my holdings in fiat for the bubble burst where you state you would rather have it in an alt which basically is us all agreeing that holding BTC is the foolish move. I disagreed on whether getting out of xmr is a good thing or not and I postulated that it depends on the market share you are holding.