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11923837 No.11923837 [Reply] [Original]

Is it retarded to long xmr/btc rn? I was thinking that XMR should hold at least 50 dollars until led otherwise. At the same time there's a lot of bear flags everywhere and this break up could just be a fake out. idk lets get a discussion on this

>> No.11923845
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11923845

Further pics related

>> No.11923860

I have 1 xmr I am holding onto because I think it has long-term utility as a way to buy drugs over the internet

>> No.11923879
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11923879

Tbh this and btc are the only ones I see value in but at the same time if btc goes down, which is looking very likely now, XMR/USD will probably follow even if the btc pair goes up a bit to compensate

>> No.11923884

wait for bitcoins move first. It could drop in some hours to the ~3500 levels

>> No.11923969
File: 64 KB, 903x769, 2018-11-27 12_27_53-XMRUSD_ 55.793 ▲+2.49% — TradingView.png [View same] [iqdb] [saucenao] [google]
11923969

My memelines say Monero is going to single digits in 2020.

>> No.11923994

>>11923969
I haven't look at this as a falling wedge but according to that too we are at the bottom of that range so a short term bounce isn't out of the question I suppose

>> No.11923996

>>11923837
Japan is banning privacy coins. If Korea does the same, XMR would be really screwed. Nobody else worried? The argument of "banning would be good, it would prove it works" or "banning didn't work for drugs" doesn't work here: we are talking about the asset from a speculative perspective

>> No.11923999

>>11923969
>memelines
TA is for idiots

>> No.11924005

>>11923999
>TA is for idiots
I know, I was just trolling. Also, checked.

>> No.11924012

>>11923996
Asians have no need for privacy coins

Americans do because it can be used to traffic drug money

>> No.11924028

>>11924012
And drug money only exist in 'merica, right? I don't remember the exact numbers, but 30-40% Monero trading is korean.

>> No.11924029

>>11923996
>>11924012
That would be concerning but they haven't yet, I think there should still be some workarounds.

>> No.11924053
File: 33 KB, 839x167, Screenshot 2018-11-27 at 19.38.28.png [View same] [iqdb] [saucenao] [google]
11924053

>>11924028
Well, I was way off

>> No.11924119

That's a lot more concerning now. When are they banning?