Author

Topic: [XMR] Monero Speculation - page 1253. (Read 3314316 times)

legendary
Activity: 1188
Merit: 1016
July 06, 2016, 03:49:54 PM
Is there any particular reason that XMR is rallying so much vs. BTC right now (I'm out of the loop)?



Nope keep ignoring it until it hits a new ATH.  Just keep ignoring it.  Pay no attention to whats happened and dont listen to/read the monero missives. 

Definitely dont go to  https://www.reddit.com/r/Monero/about/traffic/  and see how much the monero community has been growing, based on reddit traffic numbers.  Dont go to the github and check how many commits there have been related to the GUI recently, and dont go read the whitepapers about RingCT, and the updates on its development.

Dont go look at the hash rate statistics and see that Monero difficulty hit a new all time high a couple days ago.  And dont go looking at the Node counts and realize that high uptime nodes hit a new all time high a couple weeks ago.

Leave all the monero for us, thanks.

Lol chill out mate, I actually divested a bunch of my BTC into Monero when it first hit 0.0035, I own nearly a thousand. I was just after some info cos I didn't sell when it hit the 0.004s (last year?) after being convinced by its features and deciding to hold even though I could have sold and made profit.

You gave me some good info anyway, even if it was in a passive aggressive way...
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
July 06, 2016, 03:46:31 PM
Is there any particular reason that XMR is rallying so much vs. BTC right now (I'm out of the loop)?



Nope keep ignoring it until it hits a new ATH.  Just keep ignoring it.  Pay no attention to whats happened and dont listen to/read the monero missives. 

Definitely dont go to  https://www.reddit.com/r/Monero/about/traffic/  and see how much the monero community has been growing, based on reddit traffic numbers.  Dont go to the github and check how many commits there have been related to the GUI recently, and dont go read the whitepapers about RingCT, and the updates on its development.

Dont go look at the hash rate statistics and see that Monero difficulty hit a new all time high a couple days ago.  And dont go looking at the Node counts and realize that high uptime nodes hit a new all time high a couple weeks ago.

Leave all the monero for us, thanks.

dude stop pumping, monero's not like that Cheesy

Yeah youre right.  Nothing ever happens in monero ever.  Any price rise is a pump.

You should all go full margin short.

(Edit: No, you really shouldnt go full margin short.  No one claim that I told you to do that, lol!)

I love the "don't pay any attention over here....keep looking in the other direction until WAAAAAY later on..." comment/attitude. lol
full member
Activity: 126
Merit: 100
July 06, 2016, 03:35:56 PM
Is there any particular reason that XMR is rallying so much vs. BTC right now (I'm out of the loop)?



Nope keep ignoring it until it hits a new ATH.  Just keep ignoring it.  Pay no attention to whats happened and dont listen to/read the monero missives. 

Definitely dont go to  https://www.reddit.com/r/Monero/about/traffic/  and see how much the monero community has been growing, based on reddit traffic numbers.  Dont go to the github and check how many commits there have been related to the GUI recently, and dont go read the whitepapers about RingCT, and the updates on its development.

Dont go look at the hash rate statistics and see that Monero difficulty hit a new all time high a couple days ago.  And dont go looking at the Node counts and realize that high uptime nodes hit a new all time high a couple weeks ago.

Leave all the monero for us, thanks.

dude stop pumping, monero's not like that Cheesy

Yeah youre right.  Nothing ever happens in monero ever.  Any price rise is a pump.

You should all go full margin short.

(Edit: No, you really shouldnt go full margin short.  No one claim that I told you to do that, lol!)
legendary
Activity: 1834
Merit: 1019
July 06, 2016, 03:33:11 PM
Is there any particular reason that XMR is rallying so much vs. BTC right now (I'm out of the loop)?



Nope keep ignoring it until it hits a new ATH.  Just keep ignoring it.  Pay no attention to whats happened and dont listen to/read the monero missives. 

Definitely dont go to  https://www.reddit.com/r/Monero/about/traffic/  and see how much the monero community has been growing, based on reddit traffic numbers.  Dont go to the github and check how many commits there have been related to the GUI recently, and dont go read the whitepapers about RingCT, and the updates on its development.

Dont go look at the hash rate statistics and see that Monero difficulty hit a new all time high a couple days ago.  And dont go looking at the Node counts and realize that high uptime nodes hit a new all time high a couple weeks ago.

Leave all the monero for us, thanks.

dude stop pumping, monero's not like that Cheesy
full member
Activity: 126
Merit: 100
July 06, 2016, 03:25:23 PM
Is there any particular reason that XMR is rallying so much vs. BTC right now (I'm out of the loop)?



Nope keep ignoring it until it hits a new ATH.  Just keep ignoring it.  Pay no attention to whats happened and dont listen to/read the monero missives. 

Definitely dont go to  https://www.reddit.com/r/Monero/about/traffic/  and see how much the monero community has been growing, based on reddit traffic numbers.  Dont go to the github and check how many commits there have been related to the GUI recently, and dont go read the whitepapers about RingCT, and the updates on its development.

Dont go look at the hash rate statistics and see that Monero difficulty hit a new all time high a couple days ago.  And dont go looking at the Node counts and realize that high uptime nodes hit a new all time high a couple weeks ago.

Leave all the monero for us, thanks.
legendary
Activity: 1092
Merit: 1000
July 06, 2016, 03:12:53 PM
Is there any particular reason that XMR is rallying so much vs. BTC right now (I'm out of the loop)?



At this point it is used to say "organic growth". When the price drops, it is all about whales manipulation attempting to get cheap coins.  Cheesy
legendary
Activity: 1105
Merit: 1000
July 06, 2016, 03:09:05 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

i have a small leveraged long position but nothing fancy, just for the lulz Wink

trading the swings with leverage can be helpful especially for the smaller traders. why risk 2.5 btc if i can have the same performance for 1 btc ? depending on the individual situation this can really make a lot of sense.


The market risk is the same. If you mean exchange/counterparty risk, then it might make sense (balanced against the interest rate).

Isn't the market risk marginally worse because of the borrowed interest rate ticking away? Plus you give away more information by interacting in the lending markets.

tick...tick...tick...

I think interest rate is separate from market risk. Giving more information away is probably valid. "Same" is a strong word; "very similar" might be more appropriate.
legendary
Activity: 1188
Merit: 1016
July 06, 2016, 03:06:27 PM
Is there any particular reason that XMR is rallying so much vs. BTC right now (I'm out of the loop)?

legendary
Activity: 1834
Merit: 1019
July 06, 2016, 02:46:17 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

i have a small leveraged long position but nothing fancy, just for the lulz Wink

trading the swings with leverage can be helpful especially for the smaller traders. why risk 2.5 btc if i can have the same performance for 1 btc ? depending on the individual situation this can really make a lot of sense.


The market risk is the same. If you mean exchange/counterparty risk, then it might make sense (balanced against the interest rate).

Isn't the market risk marginally worse because of the borrowed interest rate ticking away? Plus you give away more information by interacting in the lending markets.

tick...tick...tick...
legendary
Activity: 1092
Merit: 1000
July 06, 2016, 02:38:11 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

i have a small leveraged long position but nothing fancy, just for the lulz Wink

trading the swings with leverage can be helpful especially for the smaller traders. why risk 2.5 btc if i can have the same performance for 1 btc ? depending on the individual situation this can really make a lot of sense.


That's exactly what I meant. Instead of playing 2500(* XMR of your own coins you can risk only 1000(* XMR and have the similar effects if you are in right position.
Heck, you get bitcoin loans around 3.3 % pa right now......

*) The numbers are just examples and depends on the amount you can afford to lose in margin trading, it is indeed riskier than playing with "real coins"
hero member
Activity: 560
Merit: 501
July 06, 2016, 02:25:41 PM
The same reason why I never, NEVER use margin.

Double-edge sword.

I agree with you, even more in those tiny market with big fluctuation. If you use margin with tighter stops to risk the same amount of your equity, then it can makes sense, but whales here will make sure you get called or hit your stop.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
July 06, 2016, 02:16:36 PM
The same reason why I never, NEVER use margin.

Double-edge sword.
hero member
Activity: 770
Merit: 504
July 06, 2016, 02:09:24 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

Indeed, this is the best way to wreck yourself completely, and lose all your monero, so that later when it finally does go up you can feel really terrible.
 
  
I lost 4000 Monero on margin trading back when Monero was 40 cents each.  It hurt because that was like $1600 at the time Sad  
  
Imagine how much more it hurts now that Monero is 4x the price.   Cry
  
Stay away from margin kids; it's not worth it.  Whales have bigger pockets and more patience than you.  Do you know how they make money?  By eating small fish like you and me.
hero member
Activity: 687
Merit: 500
novag
July 06, 2016, 02:08:20 PM
All very big thank you for the donation to the development of a new trend of martial arts - Akivindo.

Monero is silver cryptocurrency!
legendary
Activity: 1105
Merit: 1000
July 06, 2016, 02:00:01 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

i have a small leveraged long position but nothing fancy, just for the lulz Wink

trading the swings with leverage can be helpful especially for the smaller traders. why risk 2.5 btc if i can have the same performance for 1 btc ? depending on the individual situation this can really make a lot of sense.


The market risk is the same. If you mean exchange/counterparty risk, then it might make sense (balanced against the interest rate).
sr. member
Activity: 453
Merit: 500
hello world
July 06, 2016, 01:34:56 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

i have a small leveraged long position but nothing fancy, just for the lulz Wink

trading the swings with leverage can be helpful especially for the smaller traders. why risk 2.5 btc if i can have the same performance for 1 btc ? depending on the individual situation this can really make a lot of sense.
full member
Activity: 126
Merit: 100
July 06, 2016, 01:27:37 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

Indeed, this is the best way to wreck yourself completely, and lose all your monero, so that later when it finally does go up you can feel really terrible.
legendary
Activity: 1092
Merit: 1000
July 06, 2016, 01:02:23 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?
legendary
Activity: 981
Merit: 1005
No maps for these territories
July 06, 2016, 10:40:02 AM
A bull run is a bull run (is a bull run)

Anyone care to speculate how high we are reaching this time?

To me it seems like sellers are buying back at -3, -5%, so noone is really selling, except the 3-5% of broken hands that don´t manage to buy back lower and are fuelling this rally
hero member
Activity: 687
Merit: 500
novag
July 06, 2016, 03:57:32 AM
I think that Monero brilliant future!
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