Monero (XMR) Speculation thread - page 30.

kbm

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Quote from: equipoise on July 26, 2014, 11:29:39 AM

619 BTC in buy orders in Poloniex. This is the highest till now.

EDIT: 1522.47297271 BTC in buy orders now! Impressive!

Man I wish you got a screenshot of that one! I don't see it now.

That's about 15% of the marketcap chasing 1% of the total supply according to what's on the books! Cheesy

blaaaaacksuit

sr. member

Activity: 280

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Who cares?

Quote from: equipoise on July 26, 2014, 11:29:39 AM

619 BTC in buy orders in Poloniex. This is the highest till now.

Whats the point of adding so much buy support away from the current prices?

equipoise

hero member

Activity: 794

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Monero (XMR) - secure, private, untraceable

619 BTC in buy orders in Poloniex. This is the highest till now.

EDIT: 1522.47297271 BTC in buy orders now! Impressive!

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: Wikstr80 on July 25, 2014, 09:55:06 AM

Quote from: dreamspark on July 25, 2014, 09:44:01 AM

Quote from: dnaleor on July 25, 2014, 09:09:44 AM

I bought big when we were below 4 mBTC Grin

I have now 66 XMR per BTC I own

If the BTC/USd exchange rate goes own of goes flat in the next weeks, I wthink we could see XMR >0.010

Note: before this buy my average buy in price was 0 BTC (because I sold some on the way up) so this is a "real" investment

I have the very distinct feeling that you will have a fair few more oppurtunities to buy big under 4 again.

hmm.... Why do you think so? Huh

For the same reasons I explained to your post above. When the whales are done accumalating then its time to go up, its just how it works. Also as you seem quite new, never take trading advice from anyone, especally the bigger players, they will be talking their book and getting you to buy when they want to sell and sell when you want to buy.

ihuntbtc

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Activity: 70

Merit: 10

Gonna wait to invest a couple BTC on there.

Febo

legendary

Activity: 2730

Merit: 1288

lol i think you can trust all the same. no exchange wil try to scam you since that would be just bad advertisement. No lock that cant be broken exist on Earth, so all exchanges can also be hacked. But if you wil think only of this you will not get nowhere. Just pick exchange, and buy. put on your wallet and forget about it for a year or 2.

BTW, i never saw on Poloniex anywhere close to 500 BTC offered to buy XMR as are now. 200 BTC was for over 0.0039.

Wikstr80

newbie

Activity: 14

Merit: 0

Thanks guys,

I am going to wait few days though... nothing worse than acting on impulse just because here I am haha.
Also could someone give me some advice.. which exchange should I try? Poloniex is the leader by XMR volume but hitbtc has 0% fees now(bur can I trust it?).

Wikstr80

newbie

Activity: 14

Merit: 0

Quote from: dreamspark on July 25, 2014, 09:44:01 AM

Quote from: dnaleor on July 25, 2014, 09:09:44 AM

I bought big when we were below 4 mBTC Grin

I have now 66 XMR per BTC I own

If the BTC/USd exchange rate goes own of goes flat in the next weeks, I wthink we could see XMR >0.010

Note: before this buy my average buy in price was 0 BTC (because I sold some on the way up) so this is a "real" investment

I have the very distinct feeling that you will have a fair few more oppurtunities to buy big under 4 again.

hmm.... Why do you think so? Huh

Wikstr80

newbie

Activity: 14

Merit: 0

Quote from: dreamspark on July 25, 2014, 09:08:53 AM

Quote from: Wikstr80 on July 25, 2014, 09:04:01 AM

Hi all,

I trade cryptocurrencies and have now decided to buy XMR. I can spend 2.5 btc in total, of which I'm looking to invest a portion, so am waiting for a good moment to buy…

Here are two price charts I found (poloniex and hitbtc):

https://i.imgur.com/XAuQOzb.png?1

https://www.poloniex.com/exchange/btc_xmr

https://i.imgur.com/Psre7CS.png

https://hitbtc.com/terminal#XMRBTC

It seems that XMR is pretty stable now... maybe time to invest? I'm no professional in cryptocurrency trading and am not sure… What do you think?

Thanks in advance

Currently XMR is in its very early stages and its rare for such a project to get so much attention so quickly. Given this fact the currency is volatile and the swings can be quick a deep, that being said there is a lot of serious money invested in XMR so you know your not going to buy a shitcoin that goes down to 1% of your investment.

If you are worried about getting in at the best time then I would advocate cost averaging your way in at least over a few days if not weeks.

Thank you )
It is very useful information for me....

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: dnaleor on July 25, 2014, 09:09:44 AM

I bought big when we were below 4 mBTC Grin

I have now 66 XMR per BTC I own

If the BTC/USd exchange rate goes own of goes flat in the next weeks, I wthink we could see XMR >0.010

Note: before this buy my average buy in price was 0 BTC (because I sold some on the way up) so this is a "real" investment

I have the very distinct feeling that you will have a fair few more oppurtunities to buy big under 4 again.

One thing I would like to speculate on is how much as a % of whats mined do people think is being sold on market everyday?

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

I bought big when we were below 4 mBTC Grin

I have now 66 XMR per BTC I own

If the BTC/USd exchange rate goes down or goes flat in the next weeks, I wthink we could see XMR >0.010

Note: before this buy my average buy in price was 0 BTC (because I sold some on the way up) so this is a "real" investment

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: Wikstr80 on July 25, 2014, 09:04:01 AM

Hi all,

I trade cryptocurrencies and have now decided to buy XMR. I can spend 2.5 btc in total, of which I'm looking to invest a portion, so am waiting for a good moment to buy…

Here are two price charts I found (poloniex and hitbtc):

https://www.poloniex.com/exchange/btc_xmr

https://hitbtc.com/terminal#XMRBTC

It seems that XMR is pretty stable now... maybe time to invest? I'm no professional in cryptocurrency trading and am not sure… What do you think?

Thanks in advance

Currently XMR is in its very early stages and its rare for such a project to get so much attention so quickly. Given this fact the currency is volatile and the swings can be quick a deep, that being said there is a lot of serious money invested in XMR so you know your not going to buy a shitcoin that goes down to 1% of your investment.

If you are worried about getting in at the best time then I would advocate cost averaging your way in at least over a few days if not weeks.

Wikstr80

newbie

Activity: 14

Merit: 0

Hi all,

I trade cryptocurrencies and have now decided to buy XMR. I can spend 2.5 btc in total, of which I'm looking to invest a portion, so am waiting for a good moment to buy…

Here are two price charts I found (poloniex and hitbtc):

https://i.imgur.com/XAuQOzb.png?1

https://www.poloniex.com/exchange/btc_xmr

https://i.imgur.com/Psre7CS.png

https://hitbtc.com/terminal#XMRBTC

It seems that XMR is pretty stable now... maybe time to invest? I'm no professional in cryptocurrency trading and am not sure… What do you think?

Thanks in advance

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: Qsquegg on July 25, 2014, 02:24:20 AM

I'm kinda curious about the effect the potential "flaw in difficulty rate" would affect the price if it turns out to be an issue? (or even true, of course) - https://bitcointalksearch.org/topic/delete-709197

I reckon any dip would be rather short-term as there's for sure enough energy coming from the devs to deal with any kinks..

Well, BCX says they are evaluating it:

Quote from: ?? on ??

I have dropped quite a bit of hashes on this over the past 24 hours.

It is showing signs of promise but I am still in evaluation mode

I'm not sure what I should expect to see on that graph over the past 24 hours.

Qsquegg

newbie

Activity: 28

Merit: 0

I'm kinda curious about the effect the potential "flaw in difficulty rate" would affect the price if it turns out to be an issue? (or even true, of course) - https://bitcointalksearch.org/topic/delete-709197

I reckon any dip would be rather short-term as there's for sure enough energy coming from the devs to deal with any kinks..

dillpicklechips

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Activity: 994

Merit: 507

Quote from: smooth on July 24, 2014, 10:28:49 PM

Quote from: dillpicklechips on July 24, 2014, 10:05:22 PM

I'm expecting a larger market cap once it becomes apparent that XMR is very useful right now with no changes to XMR or BTC! A lot of exchanges will trade crypto pairs without identification. If you have BTC you can sign up and trade it for XMR. Then you open another exchange account and sell the XMR for BTC. There will be nothing linking old BTC with new BTC. The trail goes cold in XMR!

Being able to trade other coins against XMR is itself a valuable use (speculation) for the coin that puts it ahead of just about every other coin (other than LTC and BTC of course).

What makes a coin valuable ultimately is that it is useful, and these trading pairs are an important milestone on that path for Monero.

Yes and I see XMR as useful right now even though it can't be spend anywhere! XMR to me is more of a plug-in then a alternative currency. XMR can be plugged into (traded) with any currency that needs privacy.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: dillpicklechips on July 24, 2014, 10:05:22 PM

I'm expecting a larger market cap once it becomes apparent that XMR is very useful right now with no changes to XMR or BTC! A lot of exchanges will trade crypto pairs without identification. If you have BTC you can sign up and trade it for XMR. Then you open another exchange account and sell the XMR for BTC. There will be nothing linking old BTC with new BTC. The trail goes cold in XMR!

Being able to trade other coins against XMR is itself a valuable use (speculation) for the coin that puts it ahead of just about every other coin (other than LTC and BTC of course).

What makes a coin valuable ultimately is that it is useful, and these trading pairs are an important milestone on that path for Monero.

dillpicklechips

hero member

Activity: 994

Merit: 507

I'm expecting a larger market cap once it becomes apparent that XMR is very useful right now with no changes to XMR or BTC! A lot of exchanges will trade crypto pairs without identification. If you have BTC you can sign up and trade it for XMR. Then you open another exchange account and sell the XMR for BTC. There will be nothing linking old BTC with new BTC. The trail goes cold in XMR!

Skinnkavaj

sr. member

Activity: 469

Merit: 250

English Motherfucker do you speak it ?

Quote from: dnaleor on July 24, 2014, 06:16:03 AM

Will the support hold?

So far so good.

pikabit

member

Activity: 70

Merit: 10

We need Monero shirts, imma rock that this summer.

Topic: Monero (XMR) Speculation thread - page 30. (Read 50274 times)