Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
OrangeP
on 17/03/2017, 14:17:47 UTC
Looks like the Polo trading engine fucked up. Affected all the markets.

Ethereum is doing exceptionally well right now.
Monero new bottom seems to be above $20.
Dash will be above $80 for a while as it seems.

We were probably going up a little bit too fast anyway. It seems like some peeps were getting a bit too excited.

From here 0.018 looks like a reliable floor taking the 38.2% retracement from the wave: 0.009222 - 0.02349.

Target is still 0.036+.


While some people might be excited I am still frustrated to see Dark coin replacing Monero as the market leader in anonymous currencies.
I hope there can be 2 anonymous coins but I am afraid there cannot be...

Monero is the market leader, just look at the blockchain usage

Monero is the ultimate secure storage of value. It cannot be revealed, seized, tampered or dealt with in any way. The network is fully decentralized and cannot be stopped. For everything else, dash/pivx is a good value proposition.