Quote from: Azael on September 14, 2016, 04:53:42 PM

Quote from: Dafar on September 14, 2016, 01:49:39 PM

Quote from: Dafar on September 12, 2016, 06:17:21 PM

Not convinced that his is a return to the bullish uptrend

More like a bull trap before continuing downwards

Quote from: Dafar

Yup...

0.0168 right now though... can we reach 0.018 today? If we can I'm out, I'm more convinced of a BTC spike during the next month over a XMR spike so I don't feel safe holding XMR. Could probably buy back a lot more if I sit on BTC

Lets go morning bump! It's possible that BURST profits are finding its way to a good XMR entry point (~0.016). Dream marketplace following the other DNMs to accept XMR is also great news.. but nothing that should re-ignite a pump. Great news nonetheless, and for the record I get my coke and ecstasy from Dream so it's nice to have an option to pay with XMR now

Got out at 0.01860 and got back in at 0.01705 with more XMR.

I keep making the best calls ITT while everyone else is like.... "hurr durr hodl for 2 yrs and you'll be rich!" .... "monero is gunna replace bitcoin, derp!" Wink

I can't wait for the Monero ETF... I'm sure regulators will love how XMR is completely hidden and the currency of choice for DNMs. I mean it only took so long to get them on board with an open public ledger and convince them that btc isn't just internet drug money.

Although my sentiment is changing, I'm surprised at how well XMR is holding up above 0.016.... consolidation? Right now I don't know if it's gonna break up or down. Probably down because all the moon kids are convinced we are going up no matter what (usually when people get rekt). But I think it's worth being in at the risk of a short term dip. At the very least XMR has more utility over LTC and should eventually have a higher market cap.

Looks like accumulation to me similar to Aug 23 to 27th.

I don't put build positions based on what X or Y does or says and I would reconsider strategy if I were you as you will lose sight of the bigger picture.

It is quite possible the Monero is in the accumulation phase again. But it is much riskier than that in August.