[XMR] Monero Speculation - page 1548.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: macsga on February 15, 2016, 04:00:52 PM

There's a lot of pressure not to cross the 20k mark. I've been watching this for a while now and just when somebody puts a bid over 20, somebody dumps coins and drops the ask below that. I think that either somebody is desperate to keep the price down (margin calls?) or this is orchestrated by a group for accumulation reasons.

FWIW, I managed to get some more at 18xx today on an instant dump.

I agree

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: BTKC on February 15, 2016, 04:53:03 PM

Quote from: funnyman21 on February 15, 2016, 03:56:59 PM

Quote from: GTO911 on February 15, 2016, 02:38:30 PM

Quote from: saddambitcoin on February 15, 2016, 02:26:37 PM

I would call 1% of the current supply a whale, so around 110,000 XMR.

Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale

Less than .1% has the potential to make someone extremely wealthy IF Monero can achieve its objective of establishing an important privacy hub.

I predict that in 10 years .1% of Monero will either be worth close to zero or be enough to retire on. Failure may be more likely but the potential reward is so great that the risk appeals to me.

Interesting thoughts.. I completely agree

rpietila has been explicitly advocating this unreavaled risk/reward ratio since very early on. All early adopters implicitly figured that out anyway.

IMO this ratio is better than ever right now, as time goes by, bringing confidence and many great technical improvements, while still in the same rough price range.

BTKC

newbie

Activity: 29

Merit: 0

Quote from: funnyman21 on February 15, 2016, 03:56:59 PM

Quote from: GTO911 on February 15, 2016, 02:38:30 PM

Quote from: saddambitcoin on February 15, 2016, 02:26:37 PM

I would call 1% of the current supply a whale, so around 110,000 XMR.

Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale

Less than .1% has the potential to make someone extremely wealthy IF Monero can achieve its objective of establishing an important privacy hub.

I predict that in 10 years .1% of Monero will either be worth close to zero or be enough to retire on. Failure may be more likely but the potential reward is so great that the risk appeals to me.

Interesting thoughts.. I completely agree

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: binaryFate on February 15, 2016, 04:08:42 PM

You want everyone to figure there's just one king? Grin

I am happy to be the king in the game. If someone else has more moneros, it is not a problem for me. They are so cheap that it is a wonder if someone doesn't have. (all I know have 20, 50, 100k or more so I'm not sticking out).

If you want a real challenge, try to get more CKG than I do. Grin

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: rpietila on February 15, 2016, 04:05:45 PM

Quote from: smooth on February 15, 2016, 03:57:40 PM

Quote from: BTKC on February 15, 2016, 02:14:52 PM

Quote from: klee on February 15, 2016, 12:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

A good way to answer that is to consider how many true whales you think there can be. If you assume 1% then with 50% of the coin supply held by such whales there could be no more than 50 whales. Pick your own numbers.

And there are many whales, same as there are many peers, but a marquess is not a prince, but beats an earl.

You want everyone to figure there's just one king? Grin

Would that be presomptuous maybe?

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: smooth on February 15, 2016, 03:57:40 PM

Quote from: BTKC on February 15, 2016, 02:14:52 PM

Quote from: klee on February 15, 2016, 12:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

A good way to answer that is to consider how many true whales you think there can be. If you assume 1% then with 50% of the coin supply held by such whales there could be no more than 50 whales. Pick your own numbers.

And there are many whales, same as there are many peers, but a marquess is not a prince, but trumps an earl.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

There's a lot of pressure not to cross the 20k mark. I've been watching this for a while now and just when somebody puts a bid over 20, somebody dumps coins and drops the ask below that. I think that either somebody is desperate to keep the price down (margin calls?) or this is orchestrated by a group for accumulation reasons.

FWIW, I managed to get some more at 18xx today on an instant dump.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: BTKC on February 15, 2016, 02:14:52 PM

Quote from: klee on February 15, 2016, 12:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

A good way to answer that is to consider how many true whales you think there can be. If you assume 1% then with 50% of the coin supply held by such whales there could be no more than 50 whales. Pick your own numbers.

funnyman21

member

Activity: 109

Merit: 10

Quote from: GTO911 on February 15, 2016, 02:38:30 PM

Quote from: saddambitcoin on February 15, 2016, 02:26:37 PM

I would call 1% of the current supply a whale, so around 110,000 XMR.

Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale

Less than .1% has the potential to make someone extremely wealthy IF Monero can achieve its objective of establishing an important privacy hub.

I predict that in 10 years .1% of Monero will either be worth close to zero or be enough to retire on. Failure may be more likely but the potential reward is so great that the risk appeals to me.

Bassica

sr. member

Activity: 283

Merit: 250

Interesting to see what will happen. Could be one last sweep to 0.00186, before breaking out upwards and battling 0.0021 and 0.00235, although the former will be the heavy one..

GTO911

hero member

Activity: 672

Merit: 500

Quote from: saddambitcoin on February 15, 2016, 02:26:37 PM

I would call 1% of the current supply a whale, so around 110,000 XMR.

Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale

saddambitcoin

legendary

Activity: 1610

Merit: 1004

I would call 1% of the current supply a whale, so around 110,000 XMR.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: BTKC on February 15, 2016, 02:14:52 PM

Quote from: klee on February 15, 2016, 12:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

The 0.1% of the total supply before tail emission, 18.4k, figure has been going around for some time.

BTKC

newbie

Activity: 29

Merit: 0

Quote from: klee on February 15, 2016, 12:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

Bagatell

hero member

Activity: 722

Merit: 500

Quote from: bitebits on February 15, 2016, 01:00:53 PM

Is the market trying to put a price tag on the coins, or is it mostly about getting profit from creating volatility?

Or is it this?

https://youtu.be/AqZ2TgrcD-E?t=1m

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: klee on February 15, 2016, 12:59:13 PM

Quote from: macsga on February 15, 2016, 12:56:42 PM

Quote from: klee on February 15, 2016, 12:54:26 PM

lol no I am bagholding ETH atm

Traitor!

XMR ponzi pyramid scam, get out before 666666K coins dump on you Tongue

I'll buy all your ETH for 1/20 of my XMRs Tongue

@Bitebits: Volatility is essential for a coin to climb up in value.

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: klee on February 15, 2016, 12:16:12 PM

EDIT: Surprisingly enough, we had the same movements for BTC, ETH & XMR. Price rise, pullback, accumulation and now the first two are bouncing back up.

Quote from: klee on February 15, 2016, 12:26:13 PM

Yeah, this seems to be the case for every major (regarding volume) coin @Polo

Serious question: do these movements have anything to do with the underlying value of the coin? Is the market trying to put a price tag on the coins, or is it mostly about getting profit from creating volatility?

klee

legendary

Activity: 1498

Merit: 1000