Topic: [AEON] Aeon Speculation - page 23. (Read 190178 times)

Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines.

By the way, yes. Would venture to draw that line if I may..

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see also :
https://www.tradingview.com/chart/AEONUSD/4pYnAdoi-Aeon-s-Path-to-Greatness-Current-Price-1-86/

(reference taken on reddit/Aeon)

bbc.reporter

legendary

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We are falling behind in market movement. If I were to speculate, I reckon the dump that occured the other day was made by one of the ASIC miners, or sammy007, or maybe slb, stoffu and DrParadoxical's team who made a nice sum from the code rebase hehehe.

bbc.reporter

legendary

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@scalvo98. Aeon is a longterm investment, not like most of the ICO tokens that everyone lately loves trading so much.

But you want quick profits, you can trade some of your Aeons to bitcoin, make some trades, then save your profits in Aeon.

@Febo. Do you know a trading tool that shows the mean of something in the chart? I reckon it would be a better indicator if Aeon is under or overperforming versus bitcoin.

scalvo98

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Quote from: bbc.reporter on April 21, 2018, 09:22:18 PM

Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines.

Yes but I reckon we cannot be subjective about Aeon's trajectory by changing the forecast just because we want to see what we want to see.

I will stick to the original trendlines as a guide of where we should be, not change them to show where we are. But changing them lower as Sparkit did also lowered the forecast, don't you agree?

Also, this is the point where I am starting to fear for altcoins in general. If they cannot sustain their momentum and bitcoin sustains its momentum and pumps, we might see the whole altcoin market in the red.

But, we all want to see some development, and i think that everything is slowly as fuck at this moment, i love AEON, i have more than a few thousands of dollars invested on it, and a good development progress from the dev team would be very good to see.

estenity

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Quote from: Febo on April 22, 2018, 07:37:04 AM

Quote from: bbc.reporter on April 21, 2018, 09:22:18 PM

Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines.

Yes but I reckon we cannot be subjective about Aeon's trajectory by changing the forecast just because we want to see what we want to see.

I will stick to the original trendlines as a guide of where we should be, not change them to show where we are. But changing them lower as Sparkit did also lowered the forecast, don't you agree?

Also, this is the point where I am starting to fear for altcoins in general. If they cannot sustain their momentum and bitcoin sustains its momentum and pumps, we might see the whole altcoin market in the red.

It is not what we want to see. It is what it is. You draw lines months ago with datas you had until then. Now we have more data. Use all, not just the ones until I dont know which date.

I dont know anything about chart analysis, but I do know that for any statistic analysis best is to use all datas you can get.

yes the tendancy has changed with a lesser but still ascendant slope.
better follow the new floor and see what happens, in particular after completing the rebase.
a lot of hope follows.
r/Aeon has 5,000 followers versus 128,000 for r/Monero
so overlapping between the two is not negligible.

Febo

legendary

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Quote from: bbc.reporter on April 21, 2018, 09:22:18 PM

Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines.

Yes but I reckon we cannot be subjective about Aeon's trajectory by changing the forecast just because we want to see what we want to see.

I will stick to the original trendlines as a guide of where we should be, not change them to show where we are. But changing them lower as Sparkit did also lowered the forecast, don't you agree?

Also, this is the point where I am starting to fear for altcoins in general. If they cannot sustain their momentum and bitcoin sustains its momentum and pumps, we might see the whole altcoin market in the red.

It is not what we want to see. It is what it is. You draw lines months ago with datas you had until then. Now we have more data. Use all, not just the ones until I dont know which date.

I dont know anything about chart analysis, but I do know that for any statistic analysis best is to use all datas you can get.

bbc.reporter

legendary

Activity: 3122

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Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines.

Yes but I reckon we cannot be subjective about Aeon's trajectory by changing the forecast just because we want to see what we want to see.

I will stick to the original trendlines as a guide of where we should be, not change them to show where we are. But changing them lower as Sparkit did also lowered the forecast, don't you agree?

Also, this is the point where I am starting to fear for altcoins in general. If they cannot sustain their momentum and bitcoin sustains its momentum and pumps, we might see the whole altcoin market in the red.

SparkIt

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Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines.

By the way, yes. Would venture to draw that line if I may..

Chart
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[]
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V

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines.

SparkIt

hero member

Activity: 714

Merit: 529

Quote from: bbc.reporter on April 17, 2018, 08:38:20 PM

Chart update.

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

In any case, hold on to what you have but I would not be adding more for now. I have lowered my bids to under 15k satoshis hehehe.

I can't agree with You about 15k. I will not deny the significance of the levels on the chart, but at the bottom it is the fundamental analysis that plays a big role.

The complexity is at a historical high, and the cost price also increased as never before. At me at an equivalent capacity mining has fallen in 8 times from that moment as I started to mine Aeon. Therefore sell for 15K satoshis there is no sense.

bbc.reporter

legendary

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Chart update.

Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.

In any case, hold on to what you have but I would not be adding more for now. I have lowered my bids to under 15k satoshis hehehe.

SparkIt

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After that moment the reward will be negligible and will continue to decrease endlessly.

There is a minimum that will be reached and then it won't decline any more (though since it is a fixed amount, it will become a smaller and smaller percentage over time). This has been discussed numerous times and we eventually decided on keeping the same emission rate as Monero, as it has been since the beginning. So the fixed amount will be 0.3 per minute, but with 4 minute blocks that ends up being 1.2 AEON per block.

Thank You for important comment! I corrected my conclusion.

Quote from: jwinterm on April 13, 2018, 09:16:15 PM

Also, please don't double post the exact same thing to both threads.

I apologize for the duplication, was a little excited. Fixed.

smooth

legendary

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After that moment the reward will be negligible and will continue to decrease endlessly.

There is a minimum that will be reached and then it won't decline any more (though since it is a fixed amount, it will become a smaller and smaller percentage over time). This has been discussed numerous times and we eventually decided on keeping the same emission rate as Monero, as it has been since the beginning. So the fixed amount will be 0.3 per minute, but with 4 minute blocks that ends up being 1.2 AEON per block.

Also, please don't double post the exact same thing to both threads.

How was the amount for Monero chosen?

It was chosen as a round number a little below 1%

Quote

Is it a function of fees per tx and number of txs that will fit in the block? Since the block is dynamic does the 0.3 per minute put an effective max block size on the system?

No, the fees scale with the block size.

jwinterm

legendary

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After that moment the reward will be negligible and will continue to decrease endlessly.

There is a minimum that will be reached and then it won't decline any more (though since it is a fixed amount, it will become a smaller and smaller percentage over time). This has been discussed numerous times and we eventually decided on keeping the same emission rate as Monero, as it has been since the beginning. So the fixed amount will be 0.3 per minute, but with 4 minute blocks that ends up being 1.2 AEON per block.

Also, please don't double post the exact same thing to both threads.

How was the amount for Monero chosen? Is it a function of fees per tx and number of txs that will fit in the block? Since the block is dynamic does the 0.3 per minute put an effective max block size on the system?

smooth

legendary

Activity: 2968

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