Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Dafar
on 28/08/2016, 20:43:09 UTC
Sold all my XMR @ .0121 avg, 572btc worth. Will buy it all back at .005 Smiley

Good luck, not gonna happen. Doubt we will see 0121 again even

We'll see. When people say things like it'll never go below X that's exactly when it tends to happen.

Going down to .005 seems too drastic at this point but I wouldn't rule out a retracement to 0.008-0.009

I am 99% sure you never get it back at .005 ever. I am going to call it early and say you made one of the worst decisions of your life selling quite early. Nor do I ever see Monero (XMR) going back to previous levels. I see a general gradual upward trend that is only continuing.

That depends, in bullish times people tend to forget the fundamental; where does the money come from?
In order for a coin to just maintain a certain level, then will fresh fiat constantly have to be put into the ecosystem.
I do recognize the dark adaptation and the future gui app.
However I think is very difficult to make any predictions right now, since all the sharks have landed to get their share of the pie.
If you look at the trading right now, the majority of orders are just bots doings their thing.
Don't get me wrong I believe in XMR, not trash talking here - but 2-3 days of graphs is a very thin basis for predicting anything.

Cheers Smiley



What's your timeframe to 0.02 and 0.03?  Or do you think it might not go that high