Is there any explanation why BTCs down movement triggered a down movement for XMR?
Yes it was interesting to see the price of Monero mirror the price of Bitcoin during the drop.
Anyone have an explanation why the price has been so closely tied to the value of Bitcoin?
Profit taking (USD is strong atm), also chinese Gov warning that VC's are not currency.
A Few days back I predicted this.
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I speculate thaT BTC WILL DROP SOON AND (FUCKING CAPS LOCK) xmr will drop a bit wirh profit taking so on the next spike I'm gonna convert to usd and rebuy on the btc low.
Lets see how this works out, last time i called it on the head but screwed my self by not having the capitol available to get back in! Lol...
. What did you do with that information that you had in advance? And is that the reason you are quoting yourself repeatedly?