Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Zegra
on 25/05/2017, 02:12:45 UTC
Also, I guess some Monero programmers get donations in XMR for their time by the community? Bit disrespectful to them unless price restores quickly. Fluffy is already rich so it's easy for him not to be affected.

Agree on the narrow point. But looking at things more broadly...

Do you realize that the Monero price is about where it was before the 'pre-announcement'? Or that Monero has fallen today less than Ripple or Stellar or Zcash?

I'll let iCEBREAKER explain it to you since he does it better, but 'anti fragile' means that if anything fluffypony says or matters all that much, we're doing something wrong. Fortunately, it doesn't.

(And to the extent that this stunt makes what he says or does matter even less, we're doing something right.)

Yes I realize that. But it's only been a few hours since the "news". The vast majority of the monero holders hasn't heard of it yet. How do we know this is the bottom?

I do THINK this is the bottom too. But seeing the price now is not enough to say "it's only at pre-announcement levels", we can only know for sure in a few days.