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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1330. (Read 4671575 times)

sr. member
Activity: 462
Merit: 250
Grin Grin Grin Grin

buy order in poloniex

0.00150000   100000   150 BTC

Risto kept his word. That looks like his wall.

That is too far away.
newbie
Activity: 20
Merit: 0
Monero may not be a pump and dump coin, but there is certainly a lot of dumping going on, and the price is starting to suffer.

It's going down with bitcoin unfortunately. I think people might be worried about the sidechains as well.

Oddly though, a lot of other alts are up.

I think we are seeing a realignment of demand for Monero. Most people who already want it at this point have it, so there is limited new demand to absorb the mined coins, until a new equilibrium is reached at a lower price.

Expanding the economy and brining in new users is what is needed. We now at least have one building and role playing game (Crypto Kingdom) that has gotten off to a great start. We need more of this.


Crypto Kingdom sounds ridiculous. What is needed is integration with darknet and privacy-related services, as others are saying.  It's strange how little focus there has been on privacy issues for an anonymous coin.
sr. member
Activity: 280
Merit: 250
Grin Grin Grin Grin

buy order in poloniex

0.00150000   100000   150 BTC

Risto kept his word. That looks like his wall.

It is. Plenty of other folk arrived with smaller buy orders before that though. Smiley
sr. member
Activity: 379
Merit: 250
Grin Grin Grin Grin

buy order in poloniex

0.00150000   100000   150 BTC

Risto kept his word. That looks like his wall.
legendary
Activity: 1120
Merit: 1000

probably someone playing with a bot

 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

The BOT  is Drunk  Shocked

2014-10-23 19:53:12   Sell   0.00215079   0.08637857   0.00018578
2014-10-23 19:53:00   Sell   0.00215077   0.08637857   0.00018578
2014-10-23 19:52:48   Sell   0.00215075   0.08637857   0.00018578
2014-10-23 19:52:37   Sell   0.00215074   0.08637857   0.00018578
2014-10-23 19:52:26   Sell   0.00215072   0.08637857   0.00018578
2014-10-23 19:52:14   Sell   0.00215071   0.08637857   0.00018578
2014-10-23 19:52:03   Sell   0.00215069   0.08637857   0.00018577
2014-10-23 19:51:51   Sell   0.00215067   0.08637857   0.00018577
2014-10-23 19:51:40   Sell   0.00215065   0.08637857   0.00018577
2014-10-23 19:51:29   Sell   0.00215063   0.08637857   0.00018577
2014-10-23 19:51:17   Sell   0.00215061   0.08637857   0.00018577
2014-10-23 19:51:05   Sell   0.00215059   0.08637857   0.00018576
2014-10-23 19:50:53   Sell   0.00215057   0.08637857   0.00018576
2014-10-23 19:50:42   Sell   0.00215055   0.08637857   0.00018576
2014-10-23 19:50:30   Sell   0.00215053   0.08637857   0.00018576
2014-10-23 19:50:19   Sell   0.00215051   0.08637857   0.00018576
2014-10-23 19:50:08   Sell   0.00215049   0.08637857   0.00018576
2014-10-23 19:49:56   Sell   0.00215047   0.08637857   0.00018575
2014-10-23 19:49:44   Sell   0.00215045   0.08637857   0.00018575
2014-10-23 19:49:32   Sell   0.00215043   0.08637857   0.00018575
2014-10-23 19:49:20   Sell   0.00215041   0.08637857   0.00018575
2014-10-23 19:49:08   Sell   0.00215039   0.08637857   0.00018575
2014-10-23 19:48:56   Sell   0.00215037   0.08637857   0.00018575
2014-10-23 19:48:45   Sell   0.00215036   0.08637857   0.00018575
2014-10-23 19:48:33   Sell   0.00215035   0.08637857   0.00018574
2014-10-23 19:48:22   Sell   0.00215033   0.08637857   0.00018574
2014-10-23 19:48:10   Sell   0.00215031   0.08637857   0.00018574
2014-10-23 19:47:58   Sell   0.00215029   0.08637857   0.00018574
2014-10-23 19:47:47   Sell   0.00215027   0.08637857   0.00018574
2014-10-23 19:47:35   Sell   0.00215025   0.08637857   0.00018574



hero member
Activity: 938
Merit: 1001
Yes somebody has been buying 10.0 and selling 9.5 for quite a while now.

Doesn't seem like that would hurt the price at all. Must be something else going on.


probably someone playing with a bot
legendary
Activity: 2968
Merit: 1198
Yes somebody has been buying 10.0 and selling 9.5 for quite a while now.

Doesn't seem like that would hurt the price at all. Must be something else going on.
legendary
Activity: 1120
Merit: 1000
 Grin Grin Grin Grin

buy order in poloniex

0.00150000   100000   150 BTC
legendary
Activity: 1624
Merit: 1008
Yes somebody has been buying 10.0 and selling 9.5 for quite a while now.
legendary
Activity: 1120
Merit: 1000
someone down the price - many sell orders 9.5


0.00218000   9.5   0.02071
0.00219000   9.5   0.020805
0.00219627   93.33400457   0.20498667
0.00219628   115.81538341   0.25436301
0.00219675   1036.70842435   2.27738923
0.00219700   744.60167468   1.63588988
0.00220000   9.5   0.0209
0.00221000   9.5   0.020995
sr. member
Activity: 266
Merit: 250
Big dump, and then big pump!

These very big sells (> 10 BTC), is it some miner dude selling all his coins in packages? Doesn't seem reasonable to sell all these coins at once... a slow going sell procedure usually comes with a higher average price. Weird situation.. who's that dude?
Maybe whales trying to push the price down to buy cheap coins?

Big sell walls like those are often used to get people to panic sell. In which case some sort of pump is to be expected in the future.
full member
Activity: 198
Merit: 100
Big dump, and then big pump!

These very big sells (> 10 BTC), is it some miner dude selling all his coins in packages? Doesn't seem reasonable to sell all these coins at once... a slow going sell procedure usually comes with a higher average price. Weird situation.. who's that dude?
legendary
Activity: 1092
Merit: 1000
I'm a Firestarter!
Lol.  supply and demand people's - no grand conspiracy.

Whales is only why it was ever worth more than .001 at such a young age.  whales give and whales take away.

somebody read about altchains and got scared off.

whales and 20K xmr a day is a bitch peoples o.O

where's the xmr knight in shining armor at?  lol!

Quote
Big dump, and then big pump!

ha!  that "dump" was 1 days worth of xmr emissions.  how about big dump, more slow bleeding, bigger dump
Are you scared to post from your real profile?
You know, you know pretty much for a newbie.
legendary
Activity: 1624
Merit: 1008
In the wake of http://www.blockstream.com/ essentially making sidechains an inevitability - what is the point of holding XMR now? Wont all of the privacy Monero offers be available within the bitcoin blockchain?

how?

As I understand sidechains, you can essentially utilize all of the functionality of an alt while remaining on the bitcoin blockchain. This therefore removes the need for any alt, including Monero.

i see. it is done by hand-waving.

it is a familiar technique, which accomplishes much - but it does not accomplish what you suggest.

Expecting a serious response to a serious question, but I get trolled. If you are looking to instill confidence in Monero this is not the way to go about it.

The benefit of Monero is that all the users are apart of the anonymity set, not just the people on the side chain.

For the side chain to work best, many people would have to keep funds in the side chain for a period of time, the shorter, and the worse the overall anonymity of all users will be.

apart or a part, english be funny
newbie
Activity: 35
Merit: 0
Lol.  supply and demand people's - no grand conspiracy.

Whales is only why it was ever worth more than .001 at such a young age.  whales give and whales take away.

somebody read about altchains and got scared off.

whales and 20K xmr a day is a bitch peoples o.O

where's the xmr knight in shining armor at?  lol!

Quote
Big dump, and then big pump!

ha!  that "dump" was 1 days worth of xmr emissions.  how about big dump, more slow bleeding, bigger dump
hero member
Activity: 687
Merit: 500
novag
Big dump, and then big pump!
legendary
Activity: 1092
Merit: 1000
I'm a Firestarter!
Price is more then funny ... it's sick cheap



 Huh Undecided
sr. member
Activity: 266
Merit: 250
Monero may not be a pump and dump coin, but there is certainly a lot of dumping going on, and the price is starting to suffer.

the price is down from BOTs


I'm not sure that explains everything, currently the sell side is 280k monero vs 40k monero on the buy side.

Sad

Well what's the current incentive to buy Monero right now? Profit? The random huge sell orders make it seem that profit is unlikely which may have contributed to the small about of buy orders. If someone put up some big buy orders to tackle the big sell orders, maybe that would help the situation, but I doubt any one person has enough money to actually have an effect on the market. It would probably work if it was a coordinated effort.

But what I think would really help, is if Monero starts to actually be used for payments. I'm unaware of anything that accepts Monero, that maybe because we need some more marketing. Otherwise there simply aren't enough services that accept XMR. Perhaps services that emphasize anonymity, such as an anonymous VPS service that respects privacy. Maybe this is a bit ambitious but surely they are some other services that would suit XMR well.

Hyping and marketing, getting the general traders aware of what's going on with XMR. Give them a reason to be excited, give them a reason to think that other traders will want to buy into this coin.

Basically:

Problem = not enough people buying Monero causing the price to tank

Solution = get more people to buy Monero

So, I think one way to achieve the solution is to put bounties on specific and decent XMR accepting services. Also maybe bounties for promotions and graphics? I'm not sure, just throwing ideas out there. Its probably not a good idea to just sit a watch the price fall though...
full member
Activity: 198
Merit: 100
This is so Monero buy time these days!! Simply awesome :-)
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
It's going down with bitcoin unfortunately. I think people might be worried about the sidechains as well. Smooth provided a nice statement about that in another topic.

"sidechains" still means ASIC based SHA256² mining which is the only reason I ever dabbled with altcoins.
Before they don't change Bitcoin mining back for ordinary people, I'm just out of Bitcoins, period.
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