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Topic: [XMR] Monero Speculation - page 1436. (Read 3313576 times)

hero member
Activity: 574
Merit: 500
March 20, 2016, 07:16:34 PM


I've always said (for a while now anyway) that btc, xmr, and ltc will end up being "the big 3" in crypto. Still seems that way.

(Premined coins, heavily inflated coins, or coins with a dictator (or all 3) need not apply)
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 20, 2016, 07:16:16 PM
If I am interpreting the book correctly, there should be two more jump cycles before our new friend is full, and the price will stabilize north of 400 (conservatively) in about a week.  
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
March 20, 2016, 07:13:31 PM


I'm dumping 300xmr/day, whatever the price..

Ha! That will really move the market.  

As long as you have a lot of other minnow friends...  Wink


EDIT: IIRC you already sold ALL your XMR, no?

Yes i sold almost 100k xmr in the last 2 months, invested all into ETH and made a fortune. I still mine XMR at 300KH/s , dump everything i mine at 24h intervals

Translation: "I always use market hindsight 20-20 vision to tell people about my past trades and nothing about my future trades to get a track record"
legendary
Activity: 1092
Merit: 1000
March 20, 2016, 07:10:17 PM


I'm dumping 300xmr/day, whatever the price..

Ha! That will really move the market.  

As long as you have a lot of other minnow friends...  Wink


EDIT: IIRC you already sold ALL your XMR, no?

Yes i sold almost 100k xmr in the last 2 months, invested all into ETH and made a fortune. I still mine XMR at 300KH/s , dump everything i mine at 24h intervals
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
March 20, 2016, 07:05:52 PM
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 20, 2016, 07:01:07 PM
Well he does make one good point: If you want out, there are 200 BTC with your name on them at 344, which ain't bad.  
hero member
Activity: 649
Merit: 500
March 20, 2016, 06:57:45 PM
Everyone sell now, we're doomed.


No you won't. Because if the price continues this trend you won't be able to keep up with the increased HR
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
March 20, 2016, 06:56:38 PM
My advice to hodlers is to unload NOW...

Whatever the price isn't that always your advice?

Wolf!

This obviously is the peak of the pump, I am pretty sure it won't go over 0042.
I'm dumping 300xmr/day, whatever the price..

Do you normally flip flop like this? Or is that just a symptom of how you flip flop in your bed while you sleep?  Tongue
legendary
Activity: 2604
Merit: 1748
March 20, 2016, 06:53:31 PM


I'm dumping 300xmr/day, whatever the price..

Ha! That will really move the market.  

As long as you have a lot of other minnow friends...  Wink


EDIT: IIRC you already sold ALL your XMR, no?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 20, 2016, 06:52:57 PM
I'm dumping 300xmr/day, whatever the price..

Everyone sell now, we're doomed.


Thats it I quit!

This got deleted, did you guys see it. watch till the end. :eek:

https://www.youtube.com/watch?v=Sr04qLSqS3s
legendary
Activity: 2968
Merit: 1198
March 20, 2016, 06:45:00 PM
I'm dumping 300xmr/day, whatever the price..

Everyone sell now, we're doomed.
legendary
Activity: 1092
Merit: 1000
March 20, 2016, 06:40:10 PM
My advice to hodlers is to unload NOW...

Whatever the price isn't that always your advice?

Wolf!

This obviously is the peak of the pump, I am pretty sure it won't go over 0042.
I'm dumping 300xmr/day, whatever the price..
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 20, 2016, 06:38:03 PM
Don´t feed the troll, just ignore him.

@aminorex, I see it more like having a brief pause at .0035 and continue the climb to .0039 in hours, while the honeybadger sleeps

So far, your scenario is better matched to the facts.  I certainly find it preferable.

Possible whale fight?  Bullwhale is bigger.  Otherwise, accumulation wall in place.  Bullish either way.

But my emotions, my guts, are bearish.  

My average bid is 320.  My average ask is 390.  It's a cowardly wide spread, but I do not want to buy back higher.  My sums on the book are half what they usually are.
legendary
Activity: 2268
Merit: 1141
March 20, 2016, 06:37:50 PM
What I find curious is the recent higher number of transactions. I wonder if these coins are mainly going or coming from the exchanges.

What about xmr.to usage?
hero member
Activity: 649
Merit: 500
March 20, 2016, 06:36:04 PM
What I find curious is the recent higher number of transactions. I wonder if these coins are mainly going or coming from the exchanges.
legendary
Activity: 2268
Merit: 1141
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 20, 2016, 06:33:28 PM
They run a liquidation algorithm that is supposed to prevent flashcrashes which could result in "socialized losses".

And how would we even know if they did that or have not already done it?

I am not sure I understand your question here, could you clarify?

We have no means of detecting whether it is a Bucket Shop or not.

You simply borrow from lenders that have offered their BTC against a certain rate. What I meant with "They run a liquidation algorithm that is supposed to prevent flashcrashes which could result in "socialized losses" is that there is a delay in liquidation if the bids drop too fast (afaik). Due to the delay the bids have some time to replenish again and this system prevents too deep flashcrashes. An example would be the flashcrash to around 100$ they had in 2014.

OK, But as I see it their software would make the liquidation a priority and the ms (probably ns's)it takes should be negligible. Personally If a liquidation trigger hit and I wrote the software I would have a freeze built in to that market (whichever coins are being liquidated) for the duration of dump of the assets as that would take no time at all in cycles. Also I would have triggers set in the algo for when a liquidation is close. Thx Man Smiley
sr. member
Activity: 364
Merit: 250
March 20, 2016, 06:30:43 PM
Somebody has 94 BTC for sale at .00365.  Looks like a pretty blatant attempt to drive price down for somebody trying to accumulate.  Hope they don't accidentally get their wall munched!

If that gets pulled, it's about 100 BTC to .00385.  Muhahahahaha!
legendary
Activity: 1624
Merit: 1008
March 20, 2016, 06:25:13 PM
My advice to hodlers is to unload NOW...

Whatever the price isn't that always your advice?

Wolf!
legendary
Activity: 981
Merit: 1005
No maps for these territories
March 20, 2016, 06:23:22 PM
Don´t feed the troll, just ignore him.

@aminorex, I see it more like having a brief pause at .0035 and continue the climb to .0039 in hours, while the honeybadger sleeps
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