Topic: [XMR] Monero Speculation - page 1395. (Read 3314669 times)
The bottle-neck is the marketing here.
The btc bagholders need to be told about Monero.. I am quite sure there are many who have not even heard about XMR.
News like this is likely do continue driving Monero adoption: http://themerkle.com/homeland-security-bitcoin-task-force-is-very-real/
I also believe the sell wall is fake and that the current point of equilibrium on the depth chart is 355k, which supports the triangle forming above, which is pointed at 355k. I'm considering the balance of 420 BTC at 300k and 410k.
Triangles and pennants have a funny way of stretching themselves out, but this is a best case scenario that could be forming. It would bring a breakout by the morning west coast USA. I'll believe it if it bounces off 360k while 350k becomes solid.
The low volumes in the valleys are a bullish sign. Basically they scream from the roofs: there are only a few sellers who dump.
This is the channel I'm seeing. Current range: 335k to ~345k
Buy walls gone. Sell wall up. Whale is pushing down. People are buying around 345k. The trend line is close. In an hour there's a final spike of volume before 12 hours of low volume. That's our next chance for a rally, but I suspect we'll just nudge back up into the 360s. Volume is low exchange-wide, so we might just be drifting about 345-365 making a pennant or triangle until a breakout at the beginning of the month (Fri-Mon). 370k is probably the breakout level.
Could be, i hope i am wrong, but it tastes too much the same as last year...
Last year the facts were profoundly different. Facts beat pareidolia every time.
What differentiates this years ascent in price vs. last years is the dramatically larger volume this year. In addition observe the difference in velocity of the price decline after reaching the peak last year vs. now.
Could be, i hope i am wrong, but it tastes too much the same as last year...
Last year the facts were profoundly different. Facts beat pareidolia every time.
This is the channel I'm seeing. Current range: 335k to ~345k
Could be, i hope i am wrong, but it tastes too much the same as last year...
This is the channel I'm seeing. Current range: 335k to ~345k
Things are looking good, but realistically monero is no guaranteed success.
Monero has a 74% chance of succeeding. Is okay. I want to pay using ETH.
You wouldn't happen to be from Serbia would you
I recommend IRC. Anyone with @ prefix on their name is good for escrow.
Is okay. I want to pay using ETH.
Sell them to me.
4% with escrow paid. Or you can try #monero-otc at freenode.net IRC. You should not attempt this in public.
Sell them to me.
What is a good price for 50,000 monero over the counter?
Poloniex ask + 2.5% is fair. Because that many will move marketcap by ~5%, and your VWAP should split the difference.
What is a good price for 50,000 monero over the counter?
Lot of 2-3k sized orders getting filled at 340-350k, only to be instantly put back on the book. Someone is accumulating.. 
My guess is that he decided to take advantage of the dump caused by BTC spike to create a fake temporary downtrend. Chart is now looking like head and shoulders formation, almost identical to the top of last year. It's "too perfect" which is why I remain skeptical about this dump.
Maybe I'm just telling myself bagholder lies - not sure.
My guess is that he decided to take advantage of the dump caused by BTC spike to create a fake temporary downtrend. Chart is now looking like head and shoulders formation, almost identical to the top of last year. It's "too perfect" which is why I remain skeptical about this dump.
Maybe I'm just telling myself bagholder lies - not sure.
Are you seriously considering that we might getting to the top? Actually at this point or will go up or we crash. But i don't see any big news except the fact of the new GUI which is promissed only months later. This is my analysis based on MACD only.
I know you are trying to be positive, most people here have XMR invested, including me. But shouldn't we look at basics?
I know you are trying to be positive, most people here have XMR invested, including me. But shouldn't we look at basics?
The volume tells you the whole history. Since Feb '16 is in a new whole level, therefore price should reach a new whole level as well. Maybe 2-4x more, so around .01 seem even conservative. .02 could be spot on in this wave, but could be way higher.
I tend to agrre with you
2015
2016 same place, same station?
We will see...
If this is the work of a Market Maker they are doing a phenomenal job of faking people out. I don't have much more to add to what aminorex has already said but to reiterate that the pipeline for XMR has me very bullish still.
Well, if it smells like a market maker it tends to be a market maker....
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