Seems like a great moment to short ETH, BTC is going up and could have legs. The bollingers are loaded.
However this monero selloff is excessive and will correct, I guess at .00377. Whatever, lets see
Topic: [XMR] Monero Speculation - page 1408. (Read 3313576 times)
Someone big guy selling now... 
Herd mentality, nothing to do with XMR. BTC went up just a bit, whoever sold cant make much profit at all but this was expected.
Watch others alts as well ..
Based on BTC price fluctuations in the second half (especially last quarter) of 2015, I expect an inverse relationship with respect to XMR price. A significant portion of XMR owners currently seem to be into trading more than holding. Most traders were eager to get into BTC even for measly BTC rises during the last 5-6 months and unfortunately they determine the short term prices. There is indeed a herd mentality that was demonstrated recently.
XMR developments could potentially change the trend of course. ETH will probably nosedive a lot harder than XMR with a BTC rise. They stole the hedging spot from XMR that was enjoyed by XMR in 2014-early15.
XMR developments could potentially change the trend of course. ETH will probably nosedive a lot harder than XMR with a BTC rise. They stole the hedging spot from XMR that was enjoyed by XMR in 2014-early15.
Someone big guy selling now...
Tradingview added poloniex 
MiniNeroDroid
https://github.com/ShenNoether/MiniNeroDroid
If there are any android/java developers we could use some more resources.
Quote
MiniNero phone wallet for Android
This is currently in alpha state, and is about 60-70 % functional on the test server. Not suitable for actual use yet.
Screenshots: http://imgur.com/a/xODgl
This should eventually be feature equivalent to the existing windows version:
https://github.com/ShenNoether/MiniNeroUniversal
This is currently in alpha state, and is about 60-70 % functional on the test server. Not suitable for actual use yet.
Screenshots: http://imgur.com/a/xODgl
This should eventually be feature equivalent to the existing windows version:
https://github.com/ShenNoether/MiniNeroUniversal
https://github.com/ShenNoether/MiniNeroDroid
If there are any android/java developers we could use some more resources.
Regexlove you are short as fuck, it's obvious what you are trying to do, even went extra mile to set up the betting and all.
Where do you get 321k from? Let me tell you; your ass. You think that sequence of numbers will have psychological impact? Like 3,2,1 - DUMP! lol..
You must have lent those 900 at a very low rate. I'm somewhat confused why a big holder would want to offer cheap lending, especially at a critical time when we are hovering around 400k-ish. If we all were less greedy and offered less lending we would probably moon faster, and in the end profit more than whatever we earn from lending. Care to share your perspective?
Where do you get 321k from? Let me tell you; your ass. You think that sequence of numbers will have psychological impact? Like 3,2,1 - DUMP! lol..
I just bought 900 additional XMR and they were insta-lent. Thank you for borrowing my Moneros. 60 days at discounted interest rate so the borrower got "good deal"... However, when the repayment arrives, I think he has to pay more for those Moneros.
You must have lent those 900 at a very low rate. I'm somewhat confused why a big holder would want to offer cheap lending, especially at a critical time when we are hovering around 400k-ish. If we all were less greedy and offered less lending we would probably moon faster, and in the end profit more than whatever we earn from lending. Care to share your perspective?
Yes unfortunately I was unable to lend them for better rates.
I agree that shorting is a pain in the short run but in the long run it is bullish to have outstanding short positions.
The combination of lowering emission and an open short position at interest is a financial suicide for the shorter as he has to purchase the initial capital borrowed + interests. Therefore, in the long run, high interest rates are extremely bullish for Monero or any other coin.
It is like the following: if there are plenty of opportunities in other currency to get premium ROI a lot of other economies will leak funds to the economy that gives premium returns and thus the currency of high ROI country appreciates against the other currencies.
In real life we see this happening: ECB is speaking about quantitative easining (and doing is also) vs. FED is expected to raise interests, this makes USD stronger against euro.
My lending portfolio represents only a small piece of coins I own. The portfolio is approximately the same size as I used to use for trading. Lending is less risky for me than trading and dumping (+ I do not get so much hatred in the forums when I am lending as opposed to dumping on the peaks and flipflopping).
Later I do not need to buy Moneros from the markets to support the exchange rate as the borrowers will buy those coins for me instead.
Regexlove you are short as fuck, it's obvious what you are trying to do, even went extra mile to set up the betting and all.
Where do you get 321k from? Let me tell you; your ass. You think that sequence of numbers will have psychological impact? Like 3,2,1 - DUMP! lol..
You must have lent those 900 at a very low rate. I'm somewhat confused why a big holder would want to offer cheap lending, especially at a critical time when we are hovering around 400k-ish. If we all were less greedy and offered less lending we would probably moon faster, and in the end profit more than whatever we earn from lending. Care to share your perspective?
Where do you get 321k from? Let me tell you; your ass. You think that sequence of numbers will have psychological impact? Like 3,2,1 - DUMP! lol..
I just bought 900 additional XMR and they were insta-lent. Thank you for borrowing my Moneros. 60 days at discounted interest rate so the borrower got "good deal"... However, when the repayment arrives, I think he has to pay more for those Moneros.
You must have lent those 900 at a very low rate. I'm somewhat confused why a big holder would want to offer cheap lending, especially at a critical time when we are hovering around 400k-ish. If we all were less greedy and offered less lending we would probably moon faster, and in the end profit more than whatever we earn from lending. Care to share your perspective?
I just bought 900 additional XMR and they were insta-lent. Thank you for borrowing my Moneros. 60 days at discounted interest rate so the borrower got "good deal"... However, when the repayment arrives, I think he has to pay more for those Moneros.
LOL at everyone getting worked up over a FACTOM shill https://bitcointalksearch.org/user/regexlove-341386
Go ahead, make her day.
(Next up will be her trade history and how much she had made, just watch). Sadly this is the nth TC replica and there will be more and more in the coming days.
Go ahead, make her day.
(Next up will be her trade history and how much she had made, just watch). Sadly this is the nth TC replica and there will be more and more in the coming days.
exactly, thats it!
sure! you can say that about many.
- What happend to monero in the last 7 days?
on 24th March as soon as this https://azure.microsoft.com/en-us/blog/azure-blockchain-update-7/ was published, price of Monero gained 15%.
I do suggest you next time to read this thread, before making any moves.
Generally that is not some brilliant news ( apparently Monero team did almost no effort to achieve that), but price act strange on news. Most strange was reaction on news that Monero will be listed on Mintpal in June 2014. Price rose 5 times to 0.01+ Why i say was strange is because on that exchange was never any significant volume and latter owners robbed their clients and run with the coins. Opposite of that was New year of 2016 when was released Monero 0.9.0, code name "Hydrogen Helix". That was what everyone was waiting for more then a year. and if you check exchanges, this news did nothing. Monero started rising a month after it.
I think unexpected news drives the movement more dramatically, like a herd of gazelle taking flight after hearing a monkey snap a twig--unexpectedly, whereas they will drink from the same pool of water as a thirsty lion--though they are watching him very, very carefully.
Yes, i read about Azure earlier, good news, Many cryptos are endorsed by Azure by now.
Close to 50% price range in 7 days is just not yet a sustainable percentage at this marketcap.
Close to 50% price range in 7 days is just not yet a sustainable percentage at this marketcap.
Looks to me you're just talking your own book.
Yes, read about Azure earlier, good news, just many cryptos are endorsed by Azure by now.
Just saying close to 50% price range in 7 days is not sustainable here and at high marketcap.
Agreed the new version could have caused a more sustainable jump, while the Mintpal story sounds like presence of Pump/Hystery.
Just saying close to 50% price range in 7 days is not sustainable here and at high marketcap.
Agreed the new version could have caused a more sustainable jump, while the Mintpal story sounds like presence of Pump/Hystery.
sure! you can say that about many.
- What happend to monero in the last 7 days?
on 24th March as soon as this https://azure.microsoft.com/en-us/blog/azure-blockchain-update-7/ was published, price of Monero gained 15%.
I do suggest you next time to read this thread, before making any moves.
Generally that is not some brilliant news ( apparently Monero team did almost no effort to achieve that), but price act strange on news. Most strange was reaction on news that Monero will be listed on Mintpal in June 2014. Price rose 5 times to 0.01+ Why i say was strange is because on that exchange was never any significant volume and latter owners robbed their clients and run with the coins. Opposite of that was New year of 2016 when was released Monero 0.9.0, code name "Hydrogen Helix". That was what everyone was waiting for more then a year. and if you check exchanges, this news did nothing. Monero started rising a month after it.
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there is more good stuff ahead
you can say that about many cryptos.- What happend to monero in the last 7 days?
Simply,
vertical price movements without news can not be sustainable! (insider trading is unlikely for this open project.)
Yes, several cryptos gained worth starting in January/Feburary. Dash, Bitshares, Factom, Counterparty and so on doubled in price. Ethereum and Maidsafe gained most since people are interested in the novelties of smart contracts and peer2peer internet, all remain volatile now, especially those showing unnatrual volume on Poloniex through margin trading i guess.
- So did Monero. It reached and stayed some weeks around almost 3 times the price in December/January.
1 week ago though the price and volume went up further and too fast.
rather vertical than horizontal, without any big news!
Like others Monero is in the top 20 since a while and it (=CryptoNight) represents some unique approach to reach more anoymous transactions and is meant for mining by
CPUs/GPUs only (through requiring lots of expensive cache memory resulting in very low hash rates).
Some enthusiasm, some fear, some sceptics, some dust(old news).
- Yes, Pumps rely on some real basis.
Why couldn't Monero rise 4x? like Maidsafe did (as of now) Monero has no popularily stunning novelty, but rather interesting for thinking (is anonymity better? is gpu mining more democratic?), Miners/botnets and people/causes seeking to operate anonymously.
For now 2-3 times the price seems good enough just to join the others who moved up.
Other Cryptonite currencies did not move up as much yet. So there are funds missing in the remaining Crpytonite economy to catch up, before the rise could be considered sustainable. So it is reasonable to assume the dump is pending - more neutrally, the spike is pending to turn.
While Hystery/Pumps both start from something real, they cant last very long and the people gain the most who decide the dates to start and to turn back.
Next to the exchange fees, but most others are just losing from their gambling or being pushed into something unexpected.
If a Price rises moderately it remains higher sooner and less energy is wasted.
If you are interested in Monero's success you are not convinced the pump was good now.
So a succesful hardfork that enforces fungibility on the protocol level, the MS azure news, and the ring multisignature blog aren't considered "news"?
Furthermore, the assertion that an increase in price needs to be accompanied by news is kind of a fallacy.
Quote
there is more good stuff ahead
sure! you can say that about several.- How did monero change in the last 7 days?
Simply,
vertical price movements are not sustainable! Spikes retract without news big enough to justify more than a portion of them. (insider trading is unlikely for this open project?)
Yes, several cryptos gained worth starting in January/Feburary. Dash, Bitshares, Factom, Counterparty and so on doubled in price. Ethereum and Maidsafe gained most since i assume people are interested in biggest ones that represent the novelties of smart contracts and peer2peer internet. Yet all remain volatile now, especially those showing unnatrual volume through margin trading etc.
- So did Monero. It reached almost 3 times the price in December/January and stayed near for some weeks.
1 week ago though the price and volume went up further and too fast
Like others Monero is in the top 20 since a while and it (CryptoNight) represents some unique approach to reach more anonymous transactions and is meant for mining by
CPUs/GPUs only (through requiring lots of expensive cache memory resulting in low hash rates). Some enthusiasm, some fear/sceptics/dust.
- Yes, Pumpers rely on some real basis.
Why couldn't Monero rise 4x? like Maidsafe did (as of now)
Monero has no popularily stunning novelty, but rather interesting to think about (is anonymity better? is gpu mining more democratic?), Miners/botnets and people/causes seeking to operate anonymously all of which is a narrower niche, so for now 2-3 times the price seems good enough to join the others that moved up.
Other Cryptonite currencies did not move up much yet. So there are funds missing in the remaining Crpytonite economy to catch up, before part of the rise could be considered sustainable. And it is reasonable to assume, these days, the spike is pending to turn. While Hystery/Pumps both start from something real, they can't last very long and those people gain the most, who decide the exact dates to start and to turn back, followed by the exchanges/fees, while most others are just losing from their gambling or being pushed into something unexpected.
- If a Price rises moderately it remains higher sooner and less energy is wasted. If you are interested in Monero's success you will have doubt about the price move this week. Even a steady 100% a year looks very horiziontal on a 1 week chart.
"Blockstream’s Jonas Nick with 7 Tips for Better Bitcoin User Privacy" - Monero Mentioned
http://coinjournal.net/blockstreams-jonas-nick-with-7-tips-for-better-bitcoin-user-privacy/
Thanks to dnaleor for finding it!
http://coinjournal.net/blockstreams-jonas-nick-with-7-tips-for-better-bitcoin-user-privacy/
Thanks to dnaleor for finding it!
What are you doing with your 440,000 aeon stash? Why are you not market making or pushing the market around in that smaller paddling pool?
I could do that. It would be easy. I could take that sum and bully down the bids mercilessly and put up bully walls to incite panic, and then buy back cheaper. I estimate if I did it skillfully I could probably turn those 400k Aeon into 500k.
But I won't do that. I will hold those Aeon hard, and continue supporting the community as we go. It's about more than money for me, and I want people to know that though I am heavily invested in Aeon, I'm not some bully whale who wants to profit off their backs. I made a loud declaration of support for the Aeon blockchain, backed it up with an acquisition, and now will simply hold the spot. If/when Aeon moves to Poloniex and there exists an XMR/AEON pair I will provide some liquidity for this, but only as a service to the community with little expectation of profit.
Besides, I noticed upon looking at risto's 'bitcoin rich list' (https://bitcointalksearch.org/topic/bitcoin-top-500-richest-321265) that no known holder of Bitcoin ever held more than 400k-ish of Bitcoin (aside from Satoshi himself). Some of these people were legendary computer scientists and I feel that it would be foolish for me to ignore their historical precedent. For some reason, of an asset with approximately 18 to 21 million total tokens, no single entity no matter how rich has ever publicly controlled greater than 400k. That's good enough for me.
I suspect Monero should be the same (though we would honestly never know). No single entity should probably seek to control over 400k XMR for long term saving either. Personally I have significantly less than that at the present, so hell yes I will fight tooth and nail for every single one I can get my hands on, but I wouldn't seek to overdo it.
But what do I know - I'm just some guy, not an oracle.
I meant using the 440k stash to support the price. I am fairly sure the reason there has always been an heavily weighted long:short ratio on finex for btc is because miners use their coins as long collateral.
You could do the same. If you are sufficiently large as a whale then you can move the market upwards with little or no fear of a bigger whale dumping on you. Timed around key technical landmarks for the coin and you can directly help to upsize the market cap.
Below 320? I doubt it. xmr is evolving fast and there is more good stuff ahead. people are starting to see this and are more confident in holding for long term. atleast this is why I'm not even thinking about selling yet. I'm adding on dips, but I'm not gambling with my stash and selling hoping to buy back cheaper.
I don't think you can do effective TA with the chart zoomed out to the very beginning lol. Focus on a more recent period, since volume has been at a whole new level this year.
I don't think you can do effective TA with the chart zoomed out to the very beginning lol. Focus on a more recent period, since volume has been at a whole new level this year.
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