Quote from: tifozi on September 13, 2016, 11:52:04 AM

Like Adam Sandler said "What is wrong with you people"? Lips sealed

Indeed this isn't just cheap, it is crazy, stupid cheap.

Let's get a little perspective:

- Negative interest rates.
- Pervasive electronic surveillance.
- Try moving gold through an airport some time.
- Leading economists and central bankers want to eliminate large denominations of currency.
- Over 50% of the material world economy driven underground.
- Largest bank in the world has more notional derivatives outstanding than the global GDP - name me an asset with less counterparty risk than XMR?
- Generational deflation/hyper-inflation bifurcation impending - good luck with those EUR.

There is nothing else on the planet which qualifies as money. Nothing else is fungible, private, and liquid. There can be only one. The market has chosen, and what we think isn't going to matter one bit.

Quote from: alphahacktivist on September 13, 2016, 12:08:17 PM

everybody who bought monero is expecting to make money...

What you are not getting is that there is no other money. Monero is it. Frankly, I don't get it either. I am merely human, and hence quite stupid. But that's the fact, and somehow I have to wrap my head around it, and deal with it, or I will suffer for my limited rationality. You think this is a game. It is, but it is not the game that you think you are playing.

XMR is still up 200x from my first purchase, and I think it is good for another 200x by 2025.

Quote from: bitwolf on September 13, 2016, 09:02:43 AM

How can you possibly have liquidity when the marketcap is only 130m and the coin is the second most traded since bitcoin? The trading/marketcap coefficient is 1/11, while in bitcoin is 1/70, in Eth 1/100 and in dash it is also 1/100. Only after 7-10 times increase in Marketcap or 7-10x decrease in trading volume the liquidity will get more stable.

This. Marketcap has to go up and volume has to go down. Selling XMR at these prices is just insanely stupid.

De-lever and de-risk, people. Remove your coins from the exchange. Losing even one XMR is not an option at this point. Consider it from an effective altruist viewpoint: Losing one XMR today is like killing twenty people 10 years from now. That's roughly how many lives you could have saved by spending that 1 XMR wisely at a reasonable future value. Not to mention the kittens.