Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
aminorex
on 05/08/2016, 14:55:05 UTC
Yes it will come. It always does. But not so soon.

The three periods of greatest risk for broad markets coming up are Sept 16, jan-feb 17, aug-oct 17.  The longer it takes to get a major correction, the more likely we are to see a 60-75% drop in asset levels (constant value units off the 2015 highs, still never surpassed), which is the demographic attractor level.  In a central banking crisis, a 90-95% drop is possible.

Right now, gold is likely to correct down over the next week or so, with support around 1220, which is a sweet buy point , so I think there is reason to think u.s. markets may test new constant value highs , but not for long.  Gold won't dip that low unless oil sees at least strong resistance, and better, a significant drop, 32 being lower support for WTI for a few months.

In xmr I think we are very close to where miners can sell again.  I expect liquidity and volatility to decline together, as does emission, uutil  marketability event catalyzes demand, all else being equal.  The few buyers are people with strong vision and confident understanding.  Short-term speculators are few, and the economy is essentially nil.