Quote from: kurious on November 29, 2016, 08:22:04 AM

Quote from: toffoo on November 29, 2016, 03:25:06 AM

Quote from: rpietila on November 09, 2016, 08:45:26 AM

About 12-14 more days, and then capitulation near 0.0044. When that has happened, I'll tell if it was the last chance to buy low, or whether there'll be a double bottom later, confirming the new trading zone to be above 0.0042.

- Accumulate near 0.006 if you are totally out now
- Do not touch 0.005-0.006 (falling knife)
- Buy at the capitulation area in 0.004-0.005
- If it dips below 0.004, margin long

It has been over two weeks now since your call so I wanted to revisit this one...

XMR was about 0.0085 BTC when you posted that. It has been bouncing off that level and headed higher ever since, no big dumps or capitulations in sight.

Do you maintain your bearish medium-term outlook? Should we be selling into this "strength"? What was the reason behind your original call? Are you just looking at technical analysis or is there something more specific behind it?

Somebody is dumping Monero down - did you wake him up? Wink

I think you can as well buy now.