Warning to all of you expert pump-and-dump traders: Monero is now a buy-and-hold coin. Just like Bitcoin, Monero will become much harder to trade due to actual organic demand. Sit tight and enjoy at least 5x gains by January 2017.
whores are for pump and dump, girlfriends are short term trades (you lose a lot of money in a short time), and wives are long-term investments that go down in value (you lose money too, not worth it)
Lucas Price
Idk, other darknet markets added bitcoin alternatives earlier but all of them sucked dick compared to BTC
Eli Garcia
Whoa, so it wasn't a pump & dump scheme by them? Nice! Thankful I held.
Ayden Cruz
Anyone know what kind of volume they trade at so we have some kind of idea on the impact this will have ? I don't think this is going to replace btc because any completed trades will be just converted back to btc but it will have its use.
Connor Clark
time will tell. I believe the ability to hide account balances and transactions from everyone else is a big improvement on bitcoin
yearly darknet market volume is anywhere from 1-5 billion according to leading internet shill roger ver
Jack Gonzalez
>bitcoin BTFO
Michael Collins
G-g-guys I thought we were getting another p-p-pump...
What's going on???
Xavier Allen
Damn I had no idea it was that big,how does it even work ,do people actually get this shit delivered to their house or buy online and pick it up somewhere? sounds risky either way.
Elijah Taylor
not a pnd coin anymore
thats ~4m people making a $100 order once per month for $5 billion annual volume, so not a big stretch.
Ryan Cook
bump
Caleb Baker
I believe most people get it delivered to their house. More paranoid types might get it delivered to an empty house. Not much risk if you order from a dealer within your country, that way it doesn't go through customs.
Gavin Torres
If you get it delivered to your house then the dealer knows where you live though.
Wyatt Barnes
wouldn't it be great if you ordered a bunch of shit and before the dealer could get down to the post office he was raided, and the cops found a package full of meth and dildos with your address on it?
Oliver Peterson
Yes. And your name. It's common courtesy to discard that information after filling the order though, although some people have been caught out when dealers who didn't do this were raided. People say that if you use a fake name it makes your package more suspicious and more likely to be scrutinized. And unless you live in Detroit abandoned houses are scarce. There's always risk when you break the law.
Gavin Foster
Just bought bitcoin for the first time (just ~$50 for lolz) Then hopped on polo and traded all of it for XMR How fucked am I? Better late then never? I guess I'll need to sit on it now for a while, right? Problem is I know I'll get bored and hop into day trading.
Jayden Bennett
You won't make it rich but you'll probably make a couple of dollars. I doubt we'll see any huge explosions or crashes in XMR for a while.
Levi Carter
>a while in cryptocurrency trading, that means a month tops.
Caleb Williams
gentle, completely indifferent reminder to nocoiners that youre missing out
Tyler Nguyen
when will nocoiners ever learn?
Thomas Hernandez
I love this shit, I just put in a little money, but it's really fun watching as it lifts up up up and up.
Landon Green
Monero! ..more like MOONero, right?;) The moment I saw it on Bloomberg I knew it's gonna be hot.
Aiden Myers
to the moon lads
$10.30 atm
Brandon Murphy
Retards. I have bought shit online many many times. Sometimes I've bought from overseas like coke from USA and that have been caught in the customs. Then what they do is they send me a letter saying: "Hey! We have stopped your letter, is this yours?"
I respond: "No. Some fat american wrote my name there to mess with me. Come check my encrypted computer I got nothing to hide."
Fucking foolproof. Sure I have to order from my own country if I want to get the parcel 100% of the time but I would never ever get caught.
Cameron Young
Dealer only cares about getting rid of their supply for your money, find someone reputable and you're good.
Jason Jones
OH SHIT BLOOMBERG!! This shit is going dorectly to the fucking moon! IF YOU JAVENT BOUGHT MONERO YET GET THE FUXK IN NOOOOW
Aiden Lopez
I forgot to buy back in on my stop loss when it dipped to .013 but I feel it will dip again before mooning, if it even moons again.
Ryan Brown
Makes total sense, dude. BTC, the only woman worth anything, is a wife.
Jason Hughes
Just made 0.7 BTC selling my XMR. My first cryptotrading profit. Feels good man. Can't wait for the price to drop again so I can buy back in
Cameron Brooks
You sold too soon
Nathan Hill
I'm debating whether to sell now or not with ~$180 profit...
I think I'm gonna hold... lots of attention around monero atm
Levi Cruz
I've got ~700 in profits so far.
I'm planning on just holding as well, there's a huge volume of Monero on Poloniex and everyone's buying some or selling some. The price will probably stay steady around $10 for a good while IF it doesn't shoot up again.
You literally have nothing to lose, other than potential better gains with other coins.
But like I said, holding is probably the best option for now.
Luis Collins
sup bag holder who hasn't seen past pump/dumps before with similar cryptos. You guys do know this isn't the first time the DNMs have adopted an altcoin, right?
Jeremiah Mitchell
sup guy who doesn't know monero's #1 purpose
did litecoin/other shitcoins main purpose be privacy? what is of utmost concern to DNMs?
you didn't think this through
Connor Wright
Fug. I hate watching the markets after making a buy or sale. When you buy there seems to always be a few hours where the price keeps dropping. When you sell there seems to always be a few hours where the price keeps rising.
Cooper Clark
all Hype aside.. howmuch is montero's peak price for this year?
anyone got a guess?
Wyatt Turner
I've only been in cryptos for a year but I can foresee Monero hitting $15 at least.
ETH is dead and full of bag holders. Monero will likely approach ETH's current market cap later in the year.
Gabriel Price
Is it too late to buy in?
Parker Barnes
no.. -20% correction happening... buy at yesterdays prices
Brayden Adams
no, monero is promising
Lucas Robinson
Will it be too late to buy on Sunday in your opinions? I wanna buy around 250 USD.
Hudson Campbell
You'll be able to make profits for sure if you buy within the next week.
Jaxson Green
sold xmr yesterday for sdc, then xmr pumped....
oh wait sdc did too and i have much higher profits so far
Kayden Butler
Then it was a good move at that point But imo SDC can't compete with XMR on longer terms.
Samuel Scott
Nice numbers my dude.
Ethan Cox
...
Michael Roberts
Are you fucking kidding me? No way this bubble won't burst. What kind of madman would buy at a moment like this?
Leo Powell
I personally wouldn't add to my position at this level, but this shit might have a correction for tonight, but it will keep going up in the coming weeks.
Justin Mitchell
God you SDC shills are everywhere. Meanwhile I'm on comfy 400% gains from XMR
Kevin Kelly
All people had to do was listen. We were given adequate time to stock up, but I guess only the ones who did their homework will make a fortune.
Grayson Watson
Comparing it to Ethereum we are about halfway to bubble bursting.
Levi James
not even close fambo
biggest ETH shill ever here. im the guy who posts "buy ethereum" everywhere.
glad I bought moneros now.
Alexander Ortiz
XMR 1385.18178297
Will I be set for life?
Benjamin Morris
ok friendo
Isaiah Brooks
Anyone planning to short monero?
Ayden Murphy
>ETH is dead and full of bag holders. How is ETH dead? Explain please.
Eli Martin
Gradually sell half so you don't kill yourself when the bubble bursts
Colton Parker
i will probably hold i have quite a bit of btc saved
Noah Richardson
Forget Monero, tell me again how is Shadowcoin NOT 10x better and NOT 100x more undervalued than Monero?
Robert Murphy
We're not sayin Monero is better, we just saying Shadow wasn't on Bloomberg & Nasdaq
Seems like only coins without coin in the name get taken seriously
Hudson Allen
Nice. I'll know to be ready with a couple of BTC from now on, I could have easily made X2.5+ profit - I was alerted about it on the 24th. Feels bad.
Jose Davis
Yeah, BTC seems relatively stable at the moment so this is my plan too. I was going to buy 200 at $4 on the 26th but didn't had time as buying monero is a lengthy process, went away for the weekend, came back and it was $10.
Oh well, I got in 3 days ago @ $8.5 so made almost 1BTC at the moment.
Jackson Brooks
possibly exchanges besides poloniex, and other darknet markets. who knows? the excitement wears off quickly.
Daniel Gray
I have more and my plan is to hold basically forever. My exit strategy is to spend it as needed in everyday life if it becomes mainstream. I bought this as a moon shot gamble and I'm not getting off the rocket until I get to my destination.
Zachary Morris
guys plz help I tried using shapeshift to buy monero but i get "Unable to validate address (api3)" error plz helppp
Levi Miller
kek
i remember when monero was $3
>Open bitwallet with $100coins >22weeks behind >Close bitwallet
Lincoln Miller
I bought with 1 BTC two days ago and sold today for 1.5 BTC on the dot. Feels good, man.
Evan Johnson
Im trying to decide if I should cash out or hold.
Anyone else have a feeling like this is at least a $30 coin?
Eli Scott
billion market cap inside a month
Ayden Bell
stealthcoin will be the next shadowcash
Asher Cook
I have a feeling it will be way more than $30. Idk though... I'm just a beginner, but I bought my first cryptos because of Monero and I'm sure I'm not the only one.
Wyatt Baker
Your decision. a lot of people panic when their optimism starts becoming reality.
>$130 million marketcap coin >decide its worth ~$1 billion marketcap >coin goes to $180 million marketcap >"wow thats a lot ill sell now"
most important thing is not to trade on emotion
Chase Jackson
Thanks for the cheap Monero, niggaz. :)
Ryder Scott
Actually yes dash never took off despite being accepted on multiple popular markets
Ayden Turner
Says the angry eth bag holder
Oliver Perry
Should I buy in now? I know I missed the boat and you don't buy after a big pump but I feel like this coin is still undervalued ,i mean the actual dark market trading has only just begun.
Connor Walker
>tfw grinded my way from 50% down to 25% profit >tfw got too confident and overbought >tfw it gets dumped to 0.0188 >tfw margin almost got called >tfw panic sell >tfw down 40%overall
Jonathan Anderson
big XMR correction.. perfect time for those who missed the train
Evan Rogers
Keep in mind, just because you believe it will go somewhere eventually doesn't mean it will go there today. For every dollar a crypto gains, you could have earner 10 dollars from selling at peaks and buying back in at valleys.
Nicholas Harris
kek are we brothers?
Tyler Anderson
Leverage kills
Zachary Bell
>0.0168 JUST
>I would like to say I learnt from my mistakes but I keep making the same ones again and again
Daniel Cruz
It will likely go back up, maybe next weekend tho :^)
Parker Parker
Don't worry, like he said it's most likely going to go back up at some point. Every major coin has done similar things like this and with BTC rallying, people are pulling out of alts right now.
Yep exactly, With a coin this volatile you have many times to buy and sell slowly accumulating more coins. Have increased my stash from 90 to 160 XMR without really hurting my average buy price
Blake Butler
Should sold at $15 dollars today. I thought it wouldn't increase much more but I still held..
I'm new to cryptos :( still about +$250 tho) instead of $700 :(...
Tyler Murphy
dude I made 1.4 btc in profit staying up til 5AM watching it break .024. Gave .7 of it back going long again at .0214.
Why the fuck did it correct so much?
Aaron Reyes
You should have taken profits. It was obviously in a bubble. It'll go back up, look at that chart.
Just wait.
It's already rising.
Landon Cook
Is today when I get in?
Christian Watson
I am waiting. I just want to know why it dropped so much. Whale manipulation? or just panic shorting/selling? I guess a combination of both is more likely.
Ryan Ward
It was a bubble. Go look at literally any other crypto pump/rise. They all blow off steam, and the long lasting ones with good fundamentals (like monero's privacy for drug sales) have multiple spikes and dips. Volatility is king. The best move is to buy a volatile crypto after a dip if you can't get in on the ground floor. I just bought 1 BTC at .018667 30 minutes ago. Pretty happy right now.
Aiden Smith
MACD crossing. Hope you guys hopped on.
Jack Torres
URRE THO
Mason Hill
Yeah. I just looked at the 1month chart with 1day candlesticks and xmr looks so solid steadily gaining. It's just nerve-racking looking at 24hour with 15min sticks and living in the moment.
I'm still holding on to my long at .0214. 4btc total after borrowing. Really don't want to see another correction, that's a lot of money to me.
Nathaniel Stewart
Idk why you are doing leverage senpai, shit doesn't update too fast, and messes with your mind. Just put more money into it and go long. It's on a definite uptrend, but after this current pump (we will see a pump tonight I think) will it keep going up? Is it really worth this much? Are people on the dark net really going to immediately switch over? We will see. I'd say no, they won't. Every pump like this is getting closer to the last one for awhile, till it rises on pure fundamentals.
Eli Gomez
doing leverage so I can not have my whole xmr/btc stash on exchanges permanently.
idk man I'm more worried about a replacement coin coming along in 3-6 months, than xmr being overvalued (it's not) or underutilized.
Justin Walker
Is this a good time to buy in again?
Michael Ross
Hard to say if there is going to be another pump or not soon. But it's possible it could continue to go up steadily if adoption is going well.
Right now the volume is really low the past 30 minutes and last few times is when the major pumps came after trading sideways for a bit.
Nathaniel Robinson
>finally buy monero >it literally dies before my very eyes
Luke Johnson
It hasn't really died, it's been going sideways. All it takes is one whale for a pump to start.