Quote from: phishead on May 26, 2018, 03:19:22 AM

Quote from: Billy Bunter on May 25, 2018, 11:59:45 PM

Quote from: phishead on May 25, 2018, 02:23:35 AM

Quote from: Febo on May 24, 2018, 04:46:16 PM

Quote from: mambamanagement on May 24, 2018, 10:49:39 AM

any guesses where monero bottoms?

Long term seems Bitcoin is following 2014. Almost identical, since dates are similar. Bitcoin went then approximately from 1200 to 200. So if next year will continue as last half year did then we might have $3500 Bitcoin at some point and on average not much higher at start of next year. You can imagine where will Monero be. So there is your bottom. I dont predict this, but there is still possibility. I do hope and expect Bitcoin will recover faster then last time.

If you are asking in upcoming weeks, then it is ofcourse way higher.

OK, while writing it makes me think. I call that Monero will not go under $50. Most of time will stay way over that but should not go under this number ever.

If that hunk Romero goes back to $50 I will probably jizz my pants. Jus sayin.

Edit: I think I just now realized that I have a lot of complex emotional attachments to XMR.

Anyone that looks forward to Monero hitting $50 again can just fuck right off.

If you'll pardon my French.

Ok, obviously you (and probably others) misunderstood my point so let me try and explain. I'm just your average lurker and always have been... no sort of technical knowledge about computers or day trading, so take what I have to say with a grain of salt... I will probably do a horrible job of trying to portray my point.

But just think when Monero was hanging around the $50 mark. I remember it being right around a year ago and was listening to Fluffy's lovely sermon of false hopes at Chapel de Monero and people freaked the fuck out. Anyways, I remember that it had just gotten to like $50 or so during the big pump before the Monero Enterprise Alliance announcement. The GUI was hot'n fresh still and everyone was able to wash it down with a tantalizingly delicious glass of Barolo like fucking gentlemen. This was only a year ago.

I'm digressing, but my point is that corrections are normal and why not embrace dumps when they come around? If people are honestly stupid enough to dump a significant (>50%) portion of their XMR holdings during a generalized crypto correction because of concerns of their short term profits and not seing the big picture, you should capitalize on it. The GUI for XMR along with other "announcements" about Monero, such as being used on dark web markets, was revolutionary back then for speculators. We pumped, dumped, almost had a community civil war and the pony supposedly had multiple major threats from random people on the Internet. This was all done in a matter of like a month. The story of this project and other cryptocurrencies moves super fucking quick and it's hard to keep up with for the average person (like myself).

Where we are now in terms of actual coding progress (from what I can gather/other knowledgeable people say) is monumentally more substantial in terms of keeping Monero fuandmental more secure/resource friendly/and yes, private. Also the community has gotten so big, it's pretty impressive. Hardware wallets, mobile wallets, sexy black themed GUI wallets, bullet proofs, multisig, Kovri soon, constant development and fresh ideas on how to improve the code coming from MRL and dank ass memes from MEA. Oh you want a Katy Perry poster? Let me suggest you use Monero via Globee so you can hide the fact that you want to buy a god damned Katy Perry poster. There are probably more things I'm forgetting or just haven't seen yet because I don't have as much free time as I once had to keep up with the ongoing news.

But again, I'm just a lurker and don't really have much knowledge on how to draw fancy lines on graphs and tell you how you can retire in 5 years or how to put the pussy on the new Tari chainwax. ... Excuse me while I go fuck right off to the thought of being able to grab more XMR at the $50 price point knowing that it's so much more fundamentally sound now than we even dreamed it would be just only a year ago.

Quote from: Febo on August 16, 2018, 02:31:10 PM

I am usually quite phlegmatic. But since I still believe Bitcoin had not seen bottom and what happened in past week when few % of Bitcoins decline was followed by 15% decline of Monero and other alts. I am just wondering how it will look when Bitcoin bottoms. Maybe even my speculation of $50 that Monero cant go below could be endangered. But as always after rain sun starts shining. SoonTM.

The couple empty bags I still have lying around from the time I cashed out a little at $50 are ready to be filled again. Cheesy

But in all seriousness, I hope people look at these opportunities and take advantage of them. Reasons are included above the header... there is so much active development that is constantly happening from two years ago, it's head spinning... and we are going back to prices that was in 2016.