You know I'm becoming convinced that these markets are manipulated. Why would a loser project like "pot coin" rise so hard and crash so fast like that? Nobody should have ever even heard of it. People were talking about FOMO on "pot coin". FOMO ON "POT COIN". What!?
I know this is probably not news to anyone but im naturally extremely skeptical of everything. So I wasnt convinced till now. But closely watching the rise and fall of "pot" has convinced me. I just cant comprehend an organic growth driven process for what that "pot coin" chart looks like. So I really think some group of people pushes these things up in large conspiratorial calculated moves.
If this is the case they probably did it to our baby monero too. They used and abused her. Most of the buyers almost certainly had no understanding of the potential like we do. And I mean the market leaders not just the whale chasing FOMO zombies. That's not at all why they were buying.
But hey they say no press is bad press. So we will probably settle at a higher level than we started thanks to this "pump" and we still have the organic adoption to look forward to.
This explanation had made me change my mind and now I will be holding monero and even but with it's current price now. Thanks for the very concise explanation, people like me who are just new in the industry gets some valuable lessons, very realistic analysis.I know this is probably not news to anyone but im naturally extremely skeptical of everything. So I wasnt convinced till now. But closely watching the rise and fall of "pot" has convinced me. I just cant comprehend an organic growth driven process for what that "pot coin" chart looks like. So I really think some group of people pushes these things up in large conspiratorial calculated moves.
If this is the case they probably did it to our baby monero too. They used and abused her. Most of the buyers almost certainly had no understanding of the potential like we do. And I mean the market leaders not just the whale chasing FOMO zombies. That's not at all why they were buying.
But hey they say no press is bad press. So we will probably settle at a higher level than we started thanks to this "pump" and we still have the organic adoption to look forward to.
You make your mind changing by an board post with some "proably" insinde? Wow
Most people use too much emotions and get controlled by the mob and dont controll the mob. Look what happened yesterday... "we get 0.04"....these are the people who always lose money.
The news yesterday was good. The short price rise was expected, and i sold. The news is still no gamechanger for XMR. The coin is so far not even implemented. And he is not going to be stored decentralized there and they could get hacked. Its still nothing compared to Electrum. So guess what will happen. Think like a maschine.