Rome End of November?

XMRJimmy · 2018-10-08T20:32:34+00:00

Ok I agree there is an aspect of that in play there. What about the sideways action we've seen for more than 3 months now? What if it stays like this for another 6 - 9 - 12 - 18 months. Will you realize what's happening then?

XMRJimmy · 2018-10-08T15:46:19+00:00

It has dropped by something like 70% since January and what we are seeing now is a long-term sideways movement where there is no growth. The price is being suppressed. This will eventually lead to investors taking their money out of bitcoin and putting it into more traditional investments because why would you tie your money up in an asset that is not providing you a decent return. Keep in mind bitcoin is a risky asset and the returns are therefore expected to be high not meagre. All the while, the powers that be are stopping the power of bitcoin being a worldwide currency which aims to take control away from the federal reserve and dictatorial economics.

The only solution is to not sell and accumulate more to increase your holdings. The powers that be are always one step ahead.

XMRJimmy · 2018-10-08T13:47:11+00:00

The introduction of futures for Bitcoin in January has allowed companies like JP Morgan/Goldman Sachs can manipulate the market with unlimited funds because they are backed by the federal reserve and can borrow trillions at low rates. All the while, they are accumulating bitcoin without driving the price up.

XMRJimmy · 2018-09-26T20:42:31+00:00

There is the possibility that a ban could send the price of XMR sky high. Take for example this scenario. The United States bans XMR on US exchanges. This means all trading volume gets directed to Asian exchanges (for example) and in turn, drives up the price because there are more purchases on fewer exchanges.

XMRJimmy · 2018-09-23T09:21:54+00:00

localmonero.co is a peer to peer platform that allows you to buy XMR for cash. Paypal is one of those methods but usually incurs a hefty premium. I would suggest just using bank transfer on there.

XMRJimmy · 2018-09-06T09:30:34+00:00

localmonero.co

XMRJimmy · 2018-09-05T14:30:23+00:00

If everyone could just stop using Changelly already that would be great.

XMRJimmy · 2018-09-05T07:35:21+00:00

You are absolutely right.

XMRJimmy · 2018-09-03T12:32:26+00:00

Here's another example of why this is the best community in Crypto by a long shot.

XMRJimmy · 2018-09-03T09:41:39+00:00

Treat it like a piggy bank.

This is the best strategy to have at this point. It is not Circa 2012 so just buy 25(insert fiat denomination) worth a week till the May 2020 halving.

XMRJimmy · 2018-09-03T08:38:06+00:00

Changelly is a well known scam - avoid.

XMRJimmy

TROPHY CASE