Grin Observer - GRN/BTC - Price Movement and Discussion - page 44.

big_daddy

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xUSD - The PRIVATE stable coin - Haven Protocol

Quote from: big_daddy on February 04, 2019, 09:40:43 AM

Quote from: Cryptotourist on February 04, 2019, 09:27:10 AM

That's like saying that you predict that the sun will rise tomorrow. Roll Eyes

'When' is the real question.

by Wednesday -15%, maybe by Thursday -20%

*predict the sunrise of Skarsvåg (Norway) for 01.JAN.2020 if is so easy Wink

At the moment of writing was ~$5.35
now, Wednesday ~$4.75

it's not -15%, but by the end of the day will reach the -15% Wink

Cryptotourist

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Homo Sapiens Bitcoinerthalensis

I think it's just good old manipulation.
The manipulators set the price range both ways, and the flock of miners follows downrange. They want in cheap.

It's bound to come to a halt sooner or later, cos a miner will not sell if it doesn't cover the costs of mining.
So yes, it's still the early miners sell off bazaar.

Quote from: HairyMaclairy on February 06, 2019, 02:00:53 AM

I had orders at 0.00052 - we got to 0.00056 if I remember correctly but I was probably drunk.

Good to know that I'm not the only one getting shuttered in front of his PC. Grin

I cannot find anything on the price you mentioned. It will be good to have confirmed our bottom.

HairyMaclairy

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I had orders at 0.00052 - we got to 0.00056 if I remember correctly but I was probably drunk.

The selling patterns look to me like miners dumping their shares as fast as possible.

Cryptotourist

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Yeap. It's a blood bath.
Almost, on 21/01 17.00h we hit 0.00065515 = ~ $2.31, not quite 0.0005 (your orders were not filled if I remember correctly).

Cpt. Ishmael & Moby Dick are having a blast.
The goldfish, is out of their way for now. Grin

HairyMaclairy

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We hit 0.0005 only 2 weeks ago. Time indeed will tell. Right now the selling pressure feels relentless.

Cryptotourist

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Homo Sapiens Bitcoinerthalensis

Mornigz!

Mining rewards are indeed rather high.
Nicehash which is now supported, is also adjusting it's price to lower levels.
So at $5 the price might be high, but at $1 it's rather low. Miners will flee if it hits $2.5 in the current status.
I doubt we will see it below ~0.0008BTC anytime soon. Maybe in a few months time.

yefi

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I'm thinking a good way to evaluate price is via daily mining rewards. At $5 it's placed rather high:

Coin_______	Daily Mining Reward (USD)
BTC	6,120,000
ETH	1,612,181
LTC	490,050
GRIN	432,000
BCH (ABC)	200,988
Monero	106,751

bbc.reporter

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Quote from: Cryptotourist on February 05, 2019, 05:22:20 AM

When Grin is under pressure:

Please excuse me. Grin

You can do this girl! We will help you get through this hehehe. Do not forget the lube, however. There are more dumps coming from the miners.

We are going to $1, I reckon.

HairyMaclairy

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Cryptotourist

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On the contrary my dear Globb0. She cannot handle it. Wink

Took a ~6% loss and shorted most of my stack eventually. My precious BTC.
Still on profit from the previous run of course.
No matter how hard I try, day trading is always going to be a shitty business. Literally.

HM. Those who are about to die salute you. Roll Eyes

consideritdone

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Sense a large speculative play in this one short term
Speculators have fun! https://www.coingecko.com/en/coins/grin

Cryptotourist

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Homo Sapiens Bitcoinerthalensis

Oooops...

Guys I think we are being followed. Maybe we should take the opposite approach...

We're going down!!!

Cryptotourist

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Homo Sapiens Bitcoinerthalensis

Mano a mano:

BuHoBeH

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Have time to buy before GRIN flies to the moon.

Cryptotourist

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Homo Sapiens Bitcoinerthalensis

Quote from: HairyMaclairy on February 05, 2019, 06:54:12 AM

Still a thick order book to grind through to break down to the 13s. I reckon it will take another 24 hours.

Indeed a thick book. 24h?
Despite the true selling volumes being concealed (and slowly being sold) during the last few days, I think the chances are that we will see a big leg sooner.
If it does move towards the 13s, then I will have to buy my way down, and probably stop lose around there. We'll see.

Looking tough:

Cryptotourist

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Please please please, let it the bottom, it has been such a nice day.

HairyMaclairy

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Well stick a fork in it cause this goose is cooked.

Volume oscillator and Bollinger band width both up for the wrong reason.

Still a thick order book to grind through to break down to the 13s. I reckon it will take another 24 hours.

Cryptotourist

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Now you see, that's exactly what I thought and heard a click, when I saw that image. Wink

Who knows.
Either it's going to smash into her skull with ease, or there's going to be a problem handling it.
My money is on the former. Grin

Love your TA btw.

HairyMaclairy

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In order to properly evaluate the situation, we must first know whether she is sucking or blowing? Coming or going?

Cryptotourist

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Homo Sapiens Bitcoinerthalensis

When Grin is under pressure:

Please excuse me. Grin

Topic: Grin Observer - GRN/BTC - Price Movement and Discussion - page 44. (Read 19746 times)