Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
elrippo
on 07/09/2016, 09:49:21 UTC
Well since the last ATH we lost somewhat 25%, so this is not as disgusting as you prefer to say.
I feel admired by your compliment, but i do not think that i am able to "scare" some investors/traders at this volumes seen on polo  Cheesy Grin
Yes i screamed, because the rise was way too fast and the risk of getting blown away by a dump present and risky.
Like i said earlier, let's wait for the weekend, if this stepping down continues in the same manner, we will reach 0,017 by saturday, think about it...

You can just as well interpret that chart comparison as the current bulltrend just getting started, because you are comparing a 60 day timeframe with a 15 day..  Roll Eyes

Back then there was no use for monero and volume was 10-15 times lower. Different players and fundamentals now.

That's why the fall will be harder.
Like i stated earlier, the last pump had 10 times more volume as the pump before that. People had the same arguments as you now.
I also like seeing Monero rise 10 times in volume every time it pumps up, but history shows that it will fall down to its "natural" level every time after the pump.
I don't know how long you are around with Monero, but history is almost never wrong...