Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Dotto
on 17/10/2016, 01:49:56 UTC
Damn. That's quite the resume. Predictions moving forward? Are we building a floor here around 0.01?
I think we're going to see a spike up soon with the release of the GUI. I bought a few in anticipation of that. But once the initial excitement wears off I think we'll continue to slide down and below 0.01 again. This still looks like a bear market to me, and if bitcoin continues to rally this will result in selling pressure on altcoins at least for the short term, if past behavior is any indication.

I think the above reply by TheKoziTwo sums it up perfectly.
Looking forward to the GUI Beta release in the next few days.

Yeah, it feels right. Also, the .0077 bottom or something less feels right. However, Im not putting my moneros where my mouth is and Im permaholding.

I can stand dry months, but I couldn´t stand to sell/burn at the bottom. And as long as the bottom seems to be near, I just will wait for the next tide.

Thanks for your words, Kurious. I wouldn´t try to catch the exact, optimal bottom, thought. And if you are going to try, try it softly Wink