My friend, a few words of advice:

1) If you can't stomach a mild drop from 0.015 to 0.013, please just cash out of crypto-currencies as soon as you are back in profit (which I believe you are already now since we are at 0.0158 at the time of me typing this). Crypto-currencies are not for you and you will have a much happier life with less stress if you just leave this thing all together.

2) Don't invest any amount you are not willing to write off entirely. Crypto-currencies is gambling except even riskier because no one knows what the odds of winning this game is. At least when you buy a lottery ticket or gamble at the casino you can calculate the theoretical odds of winning.

3)"i just want to have more bitcoins." This is your biggest mistake. The correct way to think is, "i just want to have more Monero." That is my sole motto in life and it has serve me well so far .

4) Also, never ever take any financial / trading advise from anyone in the Monero Speculation thread here. Including all the above advise I just typed - please disregard it. I am dead serious here - trust no one (especially on BitcoinTalk).

People seem to have forgotten that the Monero devs discovered a critical bug in CryptoNote not too long ago that if exploited could allow double spending to occur. Thankfully our devs spotted it before anyone else and patched it before it could be exploited in Monero.

For those who were here back in 2014(?), an attacker successfully caused a network fork in Monero by exploiting a bug again in CryptoNote.

Software is hard. One single typo in a line of code could potentially cause catastrophic failure. Monero exist in an adversarial environment with attacker looking for bugs / weaknesses to exploit. This is the risk we are dealing with. If you are going into buy into Monero or any other crypto, you should be aware of this risk.

I don't know what is the real intent of Fluffypony when he says "don't buy Monero", but I half suspect he ain't entirely joking.

P.S. Ultimately, action speaks louder than words. Our devs have worked largely unpaid and mostly unappreciated for many years to protect and enhance the privacy & financial wealth of the users and holders of Monero. So at least from me, I tip my hat off to Fluffypony, Smooth, Moneromooo and many more Monero devs / contributors for their hard work.

Guys, don't get sucked into TrueCryptonaire posts.

He oscillates between Monero uber-bull to (basically a) pathetic troll depending on the position of his books. He has been doing this since 2014.

He'll be bullish when Monero is $1, bearish when it is $2, bullish when it is $5, bearish when it is $10, bullish when it $25, bearish when it is $50...

At the end of the day, it doesn't matter what the price of Monero is. If he isn't holding & is looking to re-enter at a low price, he will be doom and gloom. If he is bag holding a bunch, then Monero is the best thing since Bitcoin and will take over the world.

I've lost count the amount of times he has flip-flopped between extreme pessimism to euphoric optimism at seemly a flip of a switch. It's kinda of comically really. But it is also kinda disgusting.

He thinks he can try to influence you to play into his books. He has no integrity and his words are worthless as he will say anything to enrich himself. Just ignore him.

I always thought Shark >= Dolphin.

Don't forget the Phytoplankton.

I would back this. But probably not prudent to call it "Monero Exit Scam Fund". A lot of people who are involved in the community now will understand the reference. But a lot of newbies probably won't get it and will likely take it literally.

Evidently there are people who take what Fluffypony says literally as they don't get his style of humour / trolling / sarcasm. Also, there would probably be a bunch of shills / trolls who would try and twist this to be "evidence of the Monero scam / long con...".

Also, I thought the exit scam was 2023, can someone confirm?

Yeah, I remember trying to "defend 0.004" a few times (with the modest few BTC I had), but every time I would get my hands burnt (although its has worked out nicely for me now cause we are not likely to ever see 0.004 again).

0.004 use to seem like a ceiling we could never quite keep our heads above before the August 2016 AlphaBay pump. I think a combination of high inflation and the fact that big traders like Warz would profit take around 0.004 meant we inevitably always crashed back down.

I, (like you) was underwater for most of 2014 to 2016, but kept buying to improve my average. I think the lowest point for me (on paper) was in late 2014(?) where XMR had dropped down to around $0.3 USD which represented something like a 80% lost for me (in terms of fiat) if I had sold then. It wasn't until the AlphaBay pump that I was in the green against fiat and BTC.

I know I should probably divest a bit into other assets classes as I am very crypto heavy right now. But like saddambitcoin, I just want to buy more XMR.

To me, XMR is the spiritual successor to BTC. And at $55 USD per coin, that is still a steal. If only I had more fiat to convert...

Quicken, I remember you from the ole trollbox (may it RIP).

I'm still accumulating but doesn't look like I'll ever hit that dolphin status man. I'm out of BTC and at $55 USD per coin, XMR its getting hard / expensive to accumulate.  

P.S. You should do us lesser fish a favour by distributing more of your stack  

Hmm... I guess I was not very good at making my point.

I failed to mention that the interview with Charlie Lee was conducted just prior to LTC being added to Coinbase (it was already listed on GDAX at the time). There was a lot of speculation at the time of that interview around whether or not LTC was going to be added to Coinbase. And Charlie Lee (Coinbase employee and LTC creator) was telling the interviewer essentially what he thought needed to happen before Coinbase would consider adding LTC - mainly they wanted to see good consistent high trading volume on GDAX.

I was simply trying to make the point (probably poorly) that if those are / were the conditions that got LTC listed on Coinbase (according to Charlie Lee). Then Monero will likely need to do the same. Which is get listed on GDAX first, and have good consistent high trade volume on GDAX.

Full disclosure, I've never owned LTC, and except for a few Aeon I mined, XMR is the only coin I hold. I don't even hold BTC anymore. I've been a (happy) XMR bag holder for 3 years now  

Monero probably isn't going to be added to Coinbase anytime soon.

I was listening to a talk from Charlie Lee (who works at Coinbase). He was talking about LTC and the potential of getting it added to Coinbase. Anyway, he mentioned that LTC volume on GDAX (exchange owned by Coinbase) has to be consistently high enough before Coinbase would consider adding LTC.

Monero isn't even listed on GDAX. That will probably have to be the first step.

Why does Coinbase only list coins that have high volume on GDAX? Cause they don't want to rely on / go to a 3rd party exchange to source their coins.
  

This is a good point. When XMR is one day worth $100, $500 or $1000 USD in the years to come. You gonna maybe want to let someone know how to access that juicy XMR wallet(s) just in case you die suddenly (car accident, heart attack etc).

Who to trust the keys to your wallet? I would prefer no one knows until I am actually dead.

Sorry, a bit off-topic I realised.

Atrides, its been 2 years since you raised funds for FreeBazaar. I think it is pretty clear to everyone you are not working on this anymore.

As a donor to this project, may I suggest the funds raised (minus what amount you think is fair for the effort you put in so far) be donated to the general development fund.

You guys are reading too much into this.

For the newer guys, nutildah (aka MonkeyChanger in Polo trollbox) has been consistently hating on Monero in BCT and trollbox for nearly 3 years now. As far as I can tell, its been hate at first sight.

nutildah likes to pop into the Monero thread every now and then (in-between his tirades against XYZ) to reaffirm his hatred of Monero. Its just par for the course. Normal.

Just ignore and don't quote.

Hope you get better soon. It is difficult to achieve one's full potential when the body is weak or in pain.

At the very least, try not to quote trolls.

Thanks.

I know right! Just can't bring myself to selling any Monero.

Price goes down, I want more Monero. Price goes up, I still want more Monero.

I fixed that for you 

@Duomo, cAPSLOCK is definitely referring to primer~, not you.

Read his post again. cAPSLOCK is trying to tell you to ignore primer~ as primer~ is full of shit. There is no sarcasm.

If you check primer~ post history, I think you will also agree with cAPSLOCK's statement.

The best thing to do is to put primer~ on ignore, as most people have already done.

Today must go down in XMR history  :

• Second highest volume traded in BTC (>70,000 BTC traded on Polo alone).
• Blasted pass ATH of 0.011 BTC that has stood for over 2 years.
• Blasted pass $100 million USD in marketcap.

Likewise nioc, thank you for suppporting Monero! Onwards and upwards

Gonna have to buy some more BTC so I can take advantages of the dips (if they come). Thanks for the advice!