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Topic: [XMR] Monero Speculation - page 1109. (Read 3314330 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 07, 2016, 09:59:37 AM
(gents, what happened to buy and hold Wink )

Raises hand.  

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad

What's up? You were in at .0015 and .0009 IIRC.
legendary
Activity: 1624
Merit: 1008
September 07, 2016, 09:57:33 AM
(gents, what happened to buy and hold Wink )

Raises hand. 

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 07, 2016, 09:14:22 AM
The support at 0.019 is crazy strong... the price looks like it's repeatedly trying to ram past ATH. Got back in at 0.0206 against my own judgement (fomo?)... lets see what happens

its going to be tough to put it back at 0.026. things looks messy at the moment. the 50k xmr whale got pissed everybody was taking a chunk of his show off balance, he crashed the price.

also i believe he was taking loans. everytime he comes showing off, the loan section is busy.

but still, even at 0.020 seems little support. and after each dump support becomes less


Yup I messed up.... not feeling good about the 0.0206 re-entry at all. If I bought now I could've had a few hundred more XMR. But I think this could be the start of a pretty big correction.

When you see so many permabulls like we have ITT that should be a good sign. Fomo got me again

I'm just assuming I missed the train so this doesn't happen to me. Sometimes you just got to let life give ya that little bitch slap. Smiley
hero member
Activity: 952
Merit: 552
September 07, 2016, 09:11:24 AM
Big volume on Polo.  Some BTC maximalist cashing out, some XMR bull whale buying.. Shorts adding volatility..  Price on hold at 190.  Seller build a containment growing wall from 193 to 203.  Selling bots do not allow to place a sell order, the bot places a bigger one in-front...

much much manipulation scaring people to sell...  Long Live Monero..
member
Activity: 108
Merit: 10
September 07, 2016, 08:49:41 AM
i could see a quick correction down to .014 or so
legendary
Activity: 1330
Merit: 1000
dafar consulting
September 07, 2016, 08:29:36 AM
The support at 0.019 is crazy strong... the price looks like it's repeatedly trying to ram past ATH. Got back in at 0.0206 against my own judgement (fomo?)... lets see what happens

its going to be tough to put it back at 0.026. things looks messy at the moment. the 50k xmr whale got pissed everybody was taking a chunk of his show off balance, he crashed the price.

also i believe he was taking loans. everytime he comes showing off, the loan section is busy.

but still, even at 0.020 seems little support. and after each dump support becomes less


Yup I messed up.... not feeling good about the 0.0206 re-entry at all. If I bought now I could've had a few hundred more XMR. But I think this could be the start of a pretty big correction.

When you see so many permabulls like we have ITT that should be a good sign. Fomo got me again
legendary
Activity: 1008
Merit: 1000
Dumb broad
September 07, 2016, 08:27:01 AM


Usually when the price rises the rates are higher because in dumps the shorters are able to cover with profit from the positions they have taken during the boom.

Well, I won't pretend to understand the dynamics of that description (cf 'dumb broad') -- I've asked Aminorex to explain in long words but he has gracefully declined thus far, and I don't blame him really. Smiley

Anyway, I find lending is a good option -- it keeps some income ticking over and means there is no temptation to trade.  I imagine a lot of moneroj are being lost by those who thought they could 'trade the volatility' right now.
legendary
Activity: 1092
Merit: 1000
September 07, 2016, 08:18:52 AM
Just bottom fished some coins. I hought I had enough of Moneros but apparently no...  Shocked If one is greedy what can one do I guess...

If one is greedy one could... be cautious?



snip

The terrible/great thing about crypto is that the cycle is accelerated: you could say crypto is the crack of investment.

[edit] Anyway, its very quiet in here tonight...i guess everyone is trading (gents, what happened to buy and hold Wink ) there's a right old ding dong around the .02 mark...classic bulls v bears.  Market seems desperate to go up, whales seem desperate to keep it down - best let them go at it.

I guess we could retest the next 4hour fib level at .0176 - hardly a disaster and may be a good correction technically - but it could just as easily retest the ATH.

But very bullish just to see a great project getting so much volume and exposure.

To me it looks more like shorters who need to cover.. At least over 100 000 XMR has disappeared from lending markets and pushed the interest rates to astronomical  numbers.

The current rate is around .09 -- didnt i see you were getting .1 or .2 recently?

Usually when the price rises the rates are higher because in dumps the shorters are able to cover with profit from the positions they have taken during the boom.
full member
Activity: 168
Merit: 101
Physical Monero coins
September 07, 2016, 08:17:18 AM

Get a phone app with a price alarm, then ignore it.


Are there any apps of this kind in iOS AppStore? For bitcoin i happily use "Bitcoin Ticker", but can't find anything like that for XMR.

For Android, I use Bitfolio.  I haven't figured out how to erase dash and ripple from the interface, but I will.

Ztrader has also price alarms.
legendary
Activity: 1008
Merit: 1000
Dumb broad
September 07, 2016, 08:15:04 AM
Just bottom fished some coins. I hought I had enough of Moneros but apparently no...  Shocked If one is greedy what can one do I guess...

If one is greedy one could... be cautious?



snip

The terrible/great thing about crypto is that the cycle is accelerated: you could say crypto is the crack of investment.

[edit] Anyway, its very quiet in here tonight...i guess everyone is trading (gents, what happened to buy and hold Wink ) there's a right old ding dong around the .02 mark...classic bulls v bears.  Market seems desperate to go up, whales seem desperate to keep it down - best let them go at it.

I guess we could retest the next 4hour fib level at .0176 - hardly a disaster and may be a good correction technically - but it could just as easily retest the ATH.

But very bullish just to see a great project getting so much volume and exposure.

To me it looks more like shorters who need to cover.. At least over 100 000 XMR has disappeared from lending markets and pushed the interest rates to astronomical  numbers.

The current rate is around .09 -- didnt i see you were getting .1 or .2 recently?
legendary
Activity: 3570
Merit: 1959
September 07, 2016, 08:11:23 AM

For Android, I use Bitfolio.  I haven't figured out how to erase dash and ripple from the interface, but I will.

I just found Blockfolio for android and I now use nothing else. Awesome interface, alarms, everything I need. Grin
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 07, 2016, 08:05:06 AM

Get a phone app with a price alarm, then ignore it.


Are there any apps of this kind in iOS AppStore? For bitcoin i happily use "Bitcoin Ticker", but can't find anything like that for XMR.

For Android, I use Blockfolio.  I haven't figured out how to erase dash and ripple from the interface, but I will.
legendary
Activity: 1092
Merit: 1000
September 07, 2016, 08:01:09 AM
Just bottom fished some coins. I hought I had enough of Moneros but apparently no...  Shocked If one is greedy what can one do I guess...

If one is greedy one could... be cautious?





The terrible/great thing about crypto is that the cycle is accelerated: you could say crypto is the crack of investment.

[edit] Anyway, its very quiet in here tonight...i guess everyone is trading (gents, what happened to buy and hold Wink ) there's a right old ding dong around the .02 mark...classic bulls v bears.  Market seems desperate to go up, whales seem desperate to keep it down - best let them go at it.

I guess we could retest the next 4hour fib level at .0176 - hardly a disaster and may be a good correction technically - but it could just as easily retest the ATH.

But very bullish just to see a great project getting so much volume and exposure.

To me it looks more like shorters who need to cover.. At least over 100 000 XMR has disappeared from lending markets and pushed the interest rates to astronomical  numbers.
jr. member
Activity: 54
Merit: 4
September 07, 2016, 07:52:34 AM

Get a phone app with a price alarm, then ignore it.


Are there any apps of this kind in iOS AppStore? For bitcoin i happily use "Bitcoin Ticker", but can't find anything like that for XMR.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 07, 2016, 07:51:24 AM
el rippo is making sense to me.  Recall my 0188 before 03 scenario. If shorts are growing, they will push through the resistance before our friend takes their bitcoin, thereby converting it into his monero.  017 seems a bit much, but not so much that I won't place some low ball bids.
legendary
Activity: 1092
Merit: 1000
September 07, 2016, 07:49:33 AM
Just bottom fished some coins. I hought I had enough of Moneros but apparently no...  Shocked If one is greedy what can one do I guess...

If one is greedy one could... be cautious?





Very good image, thank you for sharing.
I bought so tiny amount that it really doesn't matter at all even if we had even bigger dump.
Funny thing is I do not feel euphoria at all. I just saw the price is 6-7% lower than 24 hrs ago and thought what the hell.  Grin

YOLO I guess.   
legendary
Activity: 1008
Merit: 1000
Dumb broad
September 07, 2016, 07:42:11 AM
Just bottom fished some coins. I hought I had enough of Moneros but apparently no...  Shocked If one is greedy what can one do I guess...

If one is greedy one could... be cautious?





The terrible/great thing about crypto is that the cycle is accelerated: you could say crypto is the crack of investment.

[edit] Anyway, its very quiet in here tonight...i guess everyone is trading (gents, what happened to buy and hold Wink ) there's a right old ding dong around the .02 mark...classic bulls v bears.  Market seems desperate to go up, whales seem desperate to keep it down - best let them go at it.

I guess we could retest the next 4hour fib level at .0176 - hardly a disaster and may be a good correction technically - but it could just as easily retest the ATH.

But very bullish just to see a great project getting so much volume and exposure.
legendary
Activity: 1834
Merit: 1019
September 07, 2016, 07:30:32 AM
Just bottom fished some coins. I hought I had enough of Moneros but apparently no...  Shocked If one is greedy what can one do I guess...

If one is greedy one could... be cautious?



legendary
Activity: 1092
Merit: 1000
September 07, 2016, 06:39:10 AM
Just bottom fished some coins. I hought I had enough of Moneros but apparently no...  Shocked If one is greedy what can one do I guess...
legendary
Activity: 1092
Merit: 1000
September 07, 2016, 05:10:56 AM
Seems mid week is relatively good buying point. Price is now at pretty low levels. If you have margin long positions, my advice now is to buy some more Moneros and add them to the collateral.

Also if you are a bitcoin whale and looking for entry, your time has come. Just start buying and if you see a wall of 50 000 xmr for sale, be brave and eat that wall. It seems to be a fake wall.
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