Who's the whale that's selling & how much?
Some guy that is playing around with ask walls, yesterday he had one sitting at 200k which got bought. Currently, there is one at 195k.
Topic: [XMR] Monero Speculation - page 1509. (Read 3313576 times)
Some guy that is playing around with ask walls, yesterday he had one sitting at 200k which got bought. Currently, there is one at 195k.
Who's the whale that's selling & how much?
With one seller representing almost half the volume, there's just no way this can be sustained. I still believe when he's out of ammo there's just no stopping the rise. I've even opened a margin position and am betting lending fees on the suppression not lasting.
I dont think so. The fact that the sell was for so long now (1 or 2 days I consider long), it means that no whale is interested in getting so much of "cheap" xmr. Most whales expect the price go down, so they wait.
Has happened almost everytime aminorex comes and posts that he feels bullish XMR 
So true. But then it always rises to make my ink black eventually. 
With one seller representing almost half the volume, there's just no way this can be sustained. I still believe when he's out of ammo there's just no stopping the rise. I've even opened a margin position and am betting lending fees on the suppression not lasting.
Experimental Trezor Firmware Testing (testers needed):
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
Oh yes!
Wow, this is a big deal! Thanks for working on this!
You should thank NoodleDoodle :-)
You may be right about the volume I was curious if there's a way to see
Well, some people flip out of XMR to chase the ETH pump. But last month they were sorry when three days later XMR abruptly moon'd as well. In any case, it looks like strong support in the 180k to 190k range, and thousands of new Bitcoins entering Poloniex.
Thousands of new Bitcoins in volume is a good thing for us.
Thousands of new Bitcoins in volume is a good thing for us.
Sorry but where do you see the new bitcoins deposited in poloniex. Speaking of volume the bid volume is a little down but I agree with the support you said which seems strong.
Sorry, just a guess on my part judging by the new volume.
Experimental Trezor Firmware Testing (testers needed):
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
Oh yes!
Wow, this is a big deal! Thanks for working on this!
Experimental Trezor Firmware Testing (testers needed):
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
Oh yes!
Experimental Trezor Firmware Testing (testers needed):
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
Well, some people flip out of XMR to chase the ETH pump. But last month they were sorry when three days later XMR abruptly moon'd as well. In any case, it looks like strong support in the 180k to 190k range, and thousands of new Bitcoins entering Poloniex.
Thousands of new Bitcoins in volume is a good thing for us.
Thousands of new Bitcoins in volume is a good thing for us.
Sorry but where do you see the new bitcoins deposited in poloniex. Speaking of volume the bid volume is a little down but I agree with the support you said which seems strong.
Some shorts have been covered. Still a big part of shorts are open waiting for being closed probably in the money.
Well, some people flip out of XMR to chase the ETH pump. But last month they were sorry when three days later XMR abruptly moon'd as well. In any case, it looks like strong support in the 180k to 190k range, and thousands of new Bitcoins entering Poloniex.
Thousands of new Bitcoins in volume is a good thing for us.
Thousands of new Bitcoins in volume is a good thing for us.
I think the majority of btc community get the point once Monero's marketcap is somewhere Etherium is now or even higher.
Some heavy dumping taking place.
Some heavy dumping taking place.
ETH mooning might be the reason.
Has happened almost everytime aminorex comes and posts that he feels bullish XMR
I think the majority of btc community get the point once Monero's marketcap is somewhere Etherium is now or even higher.
Some heavy dumping taking place.
Some heavy dumping taking place.
ETH mooning might be the reason.
The good news is, there are open short positions (96 % of my Moneros in lending markets are employed and the remaining 4 % are waiting for higher interest rates) - the open short positions are giving some liquidity to for the downside.
I think the majority of btc community get the point once Monero's marketcap is somewhere Etherium is now or even higher.
Some heavy dumping taking place.
Some heavy dumping taking place.
ETH mooning might be the reason.
I think the majority of btc community get the point once Monero's marketcap is somewhere Etherium is now or even higher.
Some heavy dumping taking place.
Some heavy dumping taking place.
That's great guerrilla marketing for Monero. 
"Let's implement this amazing feature from Monero into Bitcoin!" (ring sigs, dynamic blocksize, etc)
"Well we can't because it's not possible in Bitcoin."
In other news, yesterday when the 30k sell wall first fell I watched the market depth and all the 'fake' sells dropped away temporarily. It was a dramatic difference from how it normally looks, and there was maybe only 200 bitcoins until 0.00300.
"Let's implement this amazing feature from Monero into Bitcoin!" (ring sigs, dynamic blocksize, etc)
"Well we can't because it's not possible in Bitcoin."
In other news, yesterday when the 30k sell wall first fell I watched the market depth and all the 'fake' sells dropped away temporarily. It was a dramatic difference from how it normally looks, and there was maybe only 200 bitcoins until 0.00300.
Crosspost:
Somebody mentioned Monero dynamic block on /r/Bitcoin with link to fluffypony video and how it should/could be used in BTC.
https://www.reddit.com/r/Bitcoin/comments/48gfm9/lets_implement_this_on_bitcoin_dynamic_block/
https://www.reddit.com/r/Bitcoin/comments/48gfm9/lets_implement_this_on_bitcoin_dynamic_block/
Could be now. Burned off a lot of ask and the bid keeps rising. I think it could handle a 100000 XMR dump and snap back to 200ksat in 8 hours right now. Wouldn't that be nice;). Almost like BTC 2012 all over again. Ask at 200 down to 35 BTC and falling. I see them as last chance coins.
If one wants to acquire 100 btc worth of Moneros, it is pretty cheap now as the slippage is not more than 5-6 %. That makes it very profitable to organize OTC deals with quantities and then marketbuying those coins.
Jump to: