3d and 1w are severely oversold.
Agreed - buying again. Too cheap. Had a bid filled in the 11s I wasn't expecting have moved more BTC in.
Topic: [XMR] Monero Speculation - page 1663. (Read 3313576 times)
Agreed - buying again. Too cheap. Had a bid filled in the 11s I wasn't expecting have moved more BTC in.
Time to reverse long bond positions to bullish.
..and I am out now. 
3d and 1w are severely oversold.
I've always believed that "more inflation now <=> less inflation later".
Yes, it is correct. What the community refused to believe a year ago, and seemingly still do, is that both are harmful.
I think this is incorrect, as much as you can summarize the thoughts of an informal entity such as "the community". The community did acknowledge the possible harmfulness, it didn't refuse to believe it as you say. Changing the emission curve was simply deemed to be even more harmful.
Ugh. Dumpage.
Monero gittin' rickety-rickety-REKT out there today on thin volume, and right as I decide to buy too.
Eventually this crypto-winter will be over, and perhaps the Bitcoin bull rally is the first signs of spring. Also, it seems the 0.9 release is soontm and from my limited understanding it would seem that a 1.0 release would follow relatively quickly after the 0.9 one.
Monero gittin' rickety-rickety-REKT out there today on thin volume, and right as I decide to buy too.
Eventually this crypto-winter will be over, and perhaps the Bitcoin bull rally is the first signs of spring. Also, it seems the 0.9 release is soontm and from my limited understanding it would seem that a 1.0 release would follow relatively quickly after the 0.9 one.
.00124 WOW.
I've been watching XMR price closely for more than a year now.
Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).
I hope he does not use leverage
Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).
I hope he does not use leverage
I've been observing this as well. He/she/it also has a pretty sophisticated bot, that constantly places random asks etc. In addition, he nearly always places a group of small asks (mostly something like 150-250-300) near the price and some bigger random asks (1-4k) a bit further away. His "manipulation" is quite salient. This behavior started after that massive (shortsale) dump until 0.0013, when basically all the loan offers were taken out (not immediately by the way). I've also seen this bot in a sort of reverse mode, but it mainly supresses the prices currently (like Klee pointed out).
I don't think its anything more complicated than some whale has a boatload of xmr and they want to cashout to fiat. Currently the only process is to go from xmr -> btc -> fiat, because at he/she/its level of holdings, an OTC trade probably wouldn't be wise ("oh yeah here's my 10k USD paypal transaction doop dee doo"). The value of all cryptocurrencies are linked to btc value, so this could be someone just seizing the opportunity to cash out of cryptocurrency while the gettings good. To do so at maximum value requires using a bot due to the liquidity of xmr. I'd say this is backed by the fact that this action has been going on since btc started its multimonth rise.
Agree with Klee here. Also, if he wanted the best price he wouldn't push it this aggressively. He would cash out in a more elegant manner. Also, I think he is not only running a bot, but also occasionally market dumping like Klee pointed out before.
Maybe they were dumping to get in ETH!
Yeah just read that, could be, but the fact that he still uses a lot of XMR to supress tells me this isn't very likely. Also, the ETH rise already started a few days ago, so probably a few insiders buying already.
Seems like he is using even more rigorous measures now...
EURUSD looking like a long right now, for the weekend and most of next week.
Oh, and WHEE! Cheap XMR again! That probably shook out the miners betting on a daily BTCUSD top at the 330-340 resistance level.
Oh, and WHEE! Cheap XMR again! That probably shook out the miners betting on a daily BTCUSD top at the 330-340 resistance level.
dump going on now, volatility everywhere
I doubt they're depositing in Huobi in their own names. Rich Chinese people buy bank accounts opened in the names of literal peasants from Western China or dead people. Selling those accounts is a business. Once it's in bitcoin and leapfrogged across a couple of exchanges, it's gone.
https://www.youtube.com/watch?v=-DT7bX-B1Mg
Just had a laugh
I doubt they're depositing in Huobi in their own names. Rich Chinese people buy bank accounts opened in the names of literal peasants from Western China or dead people. Selling those accounts is a business. Once it's in bitcoin and leapfrogged across a couple of exchanges, it's gone.
https://www.youtube.com/watch?v=-DT7bX-B1Mg
If you want a good price for XMR, I'd say this is it. It's the accumulation period that most of the future XMR owners will stare at their "early" days just like we "old bitcoiners" look back at 2011 (talking about myself). XMR is the coin that I'd never afford not to own some. So, I'm seizing the opportunity here. Don't take my advice for granted, as it's based on my own meandering experience; but please do yourselves a favor and keep *some* XMR for the future. Even a few will do the trick... 
The trick with monero is not when to buy it,
it's when to sell it.
it's when to sell it.
When to see it? From the past performance, it is good time to sell it for the past year. When to buy it? We do not know the price next year.
The trick with monero is not when to buy it,
it's when to sell it.
it's when to sell it.
No is not. the trick is when to buy it. simply because beside June 2014 there was no good time to sell them yet.
Form a traders side of view ( i am not one of them) you just need to try to buy them as cheap as possible and sell as expensive as you can. Some seems are quite successful with it. Altho mathematically there should be as much unsuccessful as are successful.
The trick with monero is not when to buy it,
it's when to sell it.
it's when to sell it.
Is monero used anywhere to transact for real world goods, has it made it onto the dark web yet?
Slowly monero is appearing in darknet:
http://xmraddrvclhwipkp.onion
http://moneroxzfonkazxc.onion
http://safedice2ge73n2g.onion
http://ucphth5lasyp4enj.onion (only some monero presentation citation and recommendation)
Is monero used anywhere to transact for real world goods, has it made it onto the dark web yet?
There is not much you can now buy directly. You can buy anything that you can buy with btc using XMR.TO although there are limits to the size of the transaction. It does however give you the anonymity that is provided by using Monero.
It is not on the dark web yet.
From my understanding one reason that it is not used much is that the client is difficult to use or without needed features for such. Sorry I can't give you details but there is a major release due out very soon that will address many of these issues. Remember Monero is not a bitcoin clone but is an entirely different code base. Much work is being done on it.
I'm not sure how much you already know and although lacking in much detail hope my answer helps.
but honestly there's no way to know anything. We can't find a monero address on the blockchain and then search for that somewhere, we can't see a consistently used monero address on the blockchain, etc. I think someone is using the blockchain for real world something, because there's been 15-20% relatively high mixin useage over the past month... ever since we've had the stats.
http://moneroblocks.eu/stats
Well, I already encountered people who said things like "so basically you are telling me I should buy coins you (or someone else) got much cheaper? This looks fishy/a pyramid scheme/..."
That's not true though. If you look at the volume-weighted average price, you can honestly say that most Bitcoin and Monero holders bought more expensive coins than people can buy now.
Is monero used anywhere to transact for real world goods, has it made it onto the dark web yet?
There is not much you can now buy directly. You can buy anything that you can buy with btc using XMR.TO although there are limits to the size of the transaction. It does however give you the anonymity that is provided by using Monero.
It is not on the dark web yet.
From my understanding one reason that it is not used much is that the client is difficult to use or without needed features for such. Sorry I can't give you details but there is a major release due out very soon that will address many of these issues. Remember Monero is not a bitcoin clone but is an entirely different code base. Much work is being done on it.
I'm not sure how much you already know and although lacking in much detail hope my answer helps.
Is monero used anywhere to transact for real world goods, has it made it onto the dark web yet?
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