My take on the monero attack is that the price will adjust down. Their whole premise is that they are more profitable mining monero by Selling It (they want to keep 50% of the mined monero leveraging their downside potential when price corrects). Evenenutally it won't be profitable and they will stop. How long does that take? I don't know.

In the mean time, line up some miners old PCs, old cell ohones. Run Gupaxx in the background when you are not using your PC and watch by monero when it goes in sale.

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Mine, according to the technical analysis, is that an event was needed to explain the “expected” movement down. As it always happens (delistings here and there). But the trend is clear.

You don't think we will touch that higher trend line before falling? I wonder at what price it is no longer economical for the 51% attack..

We know the majority of people are not mining monero for the gains. It's just to help the network.

Obviously this is my guess, but my bet goes on the price dropping a bit more, since there’s still time to fall, but the strength (ADX) seems to slow down so the price might stop dropping around this level. If it breaks the 240 (significantly) then it could go to the next lever around 195.

With the new version ahead and the survival of the 51. I’m betting for a recover, the same way monero use to do so far.