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Topic: [XMR] Monero Speculation - page 1077. (Read 3314330 times)

sr. member
Activity: 434
Merit: 250
September 16, 2016, 11:47:12 AM
Yes. I believe the success of XMR depends on its acceptance. Since the acceptance is decreasing and the price is falling for days, i go for short.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 16, 2016, 11:47:04 AM
So the rationale is that the success of your XMR short from the point you entered it depends on if the amount of Stimulants accepting XMR decrease on Alpha?

I don't question the rationale, but rather the premise, the factual claim.

full member
Activity: 196
Merit: 100
September 16, 2016, 11:44:42 AM
Hi guys,


i checked AlphaBay again and have unfortunately not so good news.

few days before i said

Quote
I checked also out Stimulants -> 23171 offers. 560 accept Monero. Its only 2,41%

today there are only 435 offers accepting Monero by 23338 offers overall. So only 1,86%

So we lost 23% acceptance.

I sold my XMR stock for now.
 

And you have a short position now?  Smiley

yes, for sure.

So the rationale is that the success of your XMR short from the point you entered it depends on if the amount of Stimulants accepting XMR decrease on Alpha?
sr. member
Activity: 434
Merit: 250
September 16, 2016, 11:37:13 AM
Hi guys,


i checked AlphaBay again and have unfortunately not so good news.

few days before i said

Quote
I checked also out Stimulants -> 23171 offers. 560 accept Monero. Its only 2,41%

today there are only 435 offers accepting Monero by 23338 offers overall. So only 1,86%

So we lost 23% acceptance.

I sold my XMR stock for now.
 

And you have a short position now?  Smiley

yes, for sure.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 16, 2016, 11:36:04 AM
Quote
I checked also out Stimulants -> 23171 offers. 560 accept Monero. Its only 2,41%

today there are only 435 offers accepting Monero by 23338 offers overall. So only 1,86%

So we lost 23% acceptance.

Never one to trust blindly what can easily be verified, I did my own sampling:  43 bitcoin to 8 monero, 18.6%  (Page count, psychedelics, trust levels 4 to 5, to stay under page cap).  Maybe you slipped a decimal.  

When I searched stimulants I got 29 pages of monero vendors, 50 pages of bitcoin vendors (page cap).  

  Last low of 0.001612 was like that.  Just kind of ran out of dump, and a couple weeks later, Pow!

Think about  it from the point of view of a large accumulator.  Do you want to scoop before the queue is full?  Do you want to scoop higher or lower?  You wait until there are no lower asks before you take what you can get while you can still get it.  You probe and tickle it down where you can, slap it down where you must, and when it just isn't going to go lower, and there is a good supply, you nab it.

Given 1/5 uptake before there is a GUI or usable multisig, I predict 50% adoption by end of 2017.  el rippo was right, and I was too pessimistic:  1 bn mcap in 15 months time.  BTC parity by 2021.  200x by 2024.

Only black markets matter for innovation, and only large accumulators matter for the long-term price.
legendary
Activity: 2016
Merit: 1259
September 16, 2016, 11:32:11 AM
The legendary Fontas is cautiously bullish on XMR. Predicts a V bottom, followed by a long drawn out bear market.

https://www.tradingview.com/chart/XMRBTC/1RaAMKMF-Monero-XMR-flush-toilet-time/

10 days ago that was posted...

we were supposed to hit 0.01 days ago.

Where is the 0.01 coins?

Hardly a crash if volume  of the decline < volume of the rise.

Where's the crash?

Perhaps font-ass doesn't follow the fundamentals of XMR and of course should be assumed to be just a pumper and dumper.

XMR fundamentals much stronger than fontas can imagine.

Volume less than XRP.  That is one I really don't get. 

Price grinding down on low (relative) volume, just running out dump?  Or is it too risky to do market short dumps?  I would have thought that was the case anywhere below 0.018, but then I'm always wrong.  Where is range driver?

   Last low of 0.001612 was like that.  Just kind of ran out of dump, and a couple weeks later, Pow!
full member
Activity: 196
Merit: 100
September 16, 2016, 11:15:59 AM
I've been buying since 0188 and will continue.  There's about 150k XMR available cheap now.  That won't last long.  This is the biggest shake-out in history.  Since 1/2015 any how.

In other speculations, who do you think will be the next U.S. president, Kaine or Pence?



I'm happy I use DCA for volatile coins.
full member
Activity: 196
Merit: 100
September 16, 2016, 11:14:10 AM
Hi guys,


i checked AlphaBay again and have unfortunately not so good news.

few days before i said

Quote
I checked also out Stimulants -> 23171 offers. 560 accept Monero. Its only 2,41%

today there are only 435 offers accepting Monero by 23338 offers overall. So only 1,86%

So we lost 23% acceptance.

I sold my XMR stock for now.
 

And you have a short position now?  Smiley
sr. member
Activity: 434
Merit: 250
September 16, 2016, 11:12:35 AM
Hi guys,


i checked AlphaBay again and have unfortunately not so good news.

few days before i said

Quote
I checked also out Stimulants -> 23171 offers. 560 accept Monero. Its only 2,41%

today there are only 435 offers accepting Monero by 23338 offers overall. So only 1,86%

So we lost 23% acceptance.

I sold my XMR stock for now.
 
full member
Activity: 196
Merit: 100
September 16, 2016, 11:10:29 AM
I have noticed that there are some people that I would assume are part of the Monero team who are defending the current price movements. I ask you this, does the price really matter to you if it is low or high?

Some CEOs say they don't care about their stock price more or less and some hype it outright and both are methods to increase the price of the stock.

I'd say if they own XMR the price matters and also helps funding for XMR development.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 16, 2016, 11:00:58 AM
I've been buying since 0188 and will continue.  There's about 150k XMR available cheap now.  That won't last long.  This is the biggest shake-out in history.  Since 1/2015 any how.

In other speculations, who do you think will be the next U.S. president, Kaine or Pence?

legendary
Activity: 1092
Merit: 1000
September 16, 2016, 10:50:25 AM
Personally I am watching less markets when it drops. I am not selling but there is now some pain - therefore it is better to live in denial I guess and stay more offline and do other stuff.  Cheesy

I'm not selling but I'm still watching.  There is no pain.  This is because I follow the development of both the tech and ecosystem and doing so is an analgesic.  The lower price is starting to get tempting and I almost bought some at the local low last night but being exhausted I didn't.



Personally I feel mental pain when the price drops even though my stack is not relatively speaking that large and well above the water, but is is decent though. It is actually bigger than my "stable" (if there is any stability in crypto) stack of bitcoins.
The best cure is to ignore the markets then.

Acting in a rational manner like you are doing is the best way to make money. Buy when it is cheap.

It will go up at some point so no point to sell, and no reason to sell when it rises because chances are it goes quite high and if you sell too early you may never get the opportunity to rebuy lower than you paid.

pa
hero member
Activity: 528
Merit: 501
September 16, 2016, 09:38:05 AM
starting to look like a reversal:  higher high, higher low, on the 5 minute, now confirmed on the 15 minute.

this may be our french weekend.


I don't know this idiom; french weekend. 

You are expecting a rise?

I think so: http://www.urbandictionary.com/define.php?term=french%20weekend
legendary
Activity: 3164
Merit: 1506
September 16, 2016, 09:32:38 AM
I have noticed that there are some people that I would assume are part of the Monero team who are defending the current price movements. I ask you this, does the price really matter to you if it is low or high?
legendary
Activity: 2268
Merit: 1141
September 16, 2016, 09:10:37 AM
"How Monero may help shape Bitcoin"

https://www.bitcoin.com/podcast/monero
legendary
Activity: 1008
Merit: 1000
Dumb broad
September 16, 2016, 09:09:32 AM
 Higher lows and higher highs, anyhow.  That's a change for the better, and a good set-up for the weekend.



starting to look like a reversal:  higher high, higher low, on the 5 minute, now confirmed on the 15 minute.

As the Irish say, God loves a trier.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 16, 2016, 08:59:49 AM
starting to look like a reversal:  higher high, higher low, on the 5 minute, now confirmed on the 15 minute.

this may be our french weekend.


I don't know this idiom; french weekend.  

You are expecting a rise?

I think it's a reference to the article in Le Monde, which may result in additional participation (ie panic buys) from our chums in the Francosphere.

Being a contrarian, I'd say most of the tech savvy French who would care to be in Monero are already aboard, as they follow crypto developments very closely and read English well enough to have been aware of Cryptonote.

At best, the LM article may induce some casuals to ask their edgelord friends to acquire XMR on their behalf.

The Chinese community and exchanges, being more linguistically/culturally segregated and numerous, promise to shift the bulk of XMR trading volume eastward, as they have done with gold, etc.

EDIT:

For all us adoption fetishists, something to keep in mind...



https://www.visualcapitalist.com/majority-worlds-population-lives-circle/
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 16, 2016, 08:50:47 AM
starting to look like a reversal:  higher high, higher low, on the 5 minute, now confirmed on the 15 minute.

this may be our french weekend.


I don't know this idiom; french weekend. 

You are expecting a rise?

Not expecting, just observing.  It's not an idiomatic expression, but rather a reference to the coverage in Le Monde.  A lot of francophones just got exposed to XMR.  Generally, after a new demographic exposure event, the week-end is strong.
legendary
Activity: 1232
Merit: 1001
September 16, 2016, 08:27:36 AM
starting to look like a reversal:  higher high, higher low, on the 5 minute, now confirmed on the 15 minute.

this may be our french weekend.


I don't know this idiom; french weekend. 

You are expecting a rise?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 16, 2016, 08:17:58 AM
starting to look like a reversal:  higher high, higher low, on the 5 minute, now confirmed on the 15 minute.

this may be our french weekend.
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