[XMR] Monero Speculation - page 1703.

owm123

sr. member

Activity: 392

Merit: 250

Quote from: SmoothCurves on October 14, 2015, 12:00:22 PM

If XMR is still around in 2020. What do you expect the price (in Bitcoin) to be by then?

Any price good, as long XMR can be used directly to pay for something. Hope that privacy oriented services, will privide an option to truly protect payees privacy by accepting xmr, instead of only paypay and bitpay.

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: SmoothCurves on October 14, 2015, 12:00:22 PM

If XMR is still around in 2020. What do you expect the price (in Bitcoin) to be by then?

20BTC/XMR of course Roll Eyes

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

I'm thinking in 2020 BTC may be worth the same as confederate fiat.

SmoothCurves

sr. member

Activity: 379

Merit: 250

I've met Aubrey several times actually. Cool dude! I've also been in attendance at the first Singularity Summit in SF back in 2006. It seems to me we are now in the first part of the "knee of the curve" of Kurzweil's exponential (law of accelerating returns). The steep part of the knee of the curve should come once some of these experiments with deep learning and machine learning advance further. These advancements in AI is what will fuel the breakthroughs in aging and nanotechnology in the the mid to late 2020's. We may get to super intelligent AI's by the mid 2030s.

By 2020 I'm thinking 1 XMR to be worth 0.2 BTC

newb4now

hero member

Activity: 686

Merit: 500

Quote from: OrientA on October 14, 2015, 12:02:04 PM

Quote from: SmoothCurves on October 14, 2015, 12:00:22 PM

If XMR is still around in 2020. What do you expect the price (in Bitcoin) to be by then?

I will be happy if the price is 0.01 BTC.

0.142 BTC

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: Bagatell on October 14, 2015, 11:30:37 AM

Quote from: aminorex on October 14, 2015, 11:20:38 AM

Quote from: Bagatell on October 14, 2015, 11:07:08 AM

Price varies with time. Can you afford to wait?

Yes. Can you afford the costs of impatience?

I have maybe a decade of my three score and ten years left (barring anything Aubrey De Grey might get right). I suspect you have rather more. Our perspectives will naturally differ.

[/offtopic]
Hmm, makes me wonder if he will finally make it. The reverse aging experiments have officially started with two techniques that were developed OUTSIDE of the USofA ('cause Bioethics). So; let me hope that we're actually closer to that.
[offtopic]

Quote from: OrientA on October 14, 2015, 12:02:04 PM

Quote from: SmoothCurves on October 14, 2015, 12:00:22 PM

If XMR is still around in 2020. What do you expect the price (in Bitcoin) to be by then?

I will be happy if the price is 0.01 BTC.

If the price of BTC is what I think it will be by 2020, then I can only hope it's 0.001!!!!

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: SmoothCurves on October 14, 2015, 12:00:22 PM

If XMR is still around in 2020. What do you expect the price (in Bitcoin) to be by then?

I will be happy if the price is 0.01 BTC.

SmoothCurves

sr. member

Activity: 379

Merit: 250

If XMR is still around in 2020. What do you expect the price (in Bitcoin) to be by then?

Bagatell

hero member

Activity: 722

Merit: 500

Quote from: aminorex on October 14, 2015, 11:20:38 AM

Quote from: Bagatell on October 14, 2015, 11:07:08 AM

Price varies with time. Can you afford to wait?

Yes. Can you afford the costs of impatience?

I have maybe a decade of my three score and ten years left (barring anything Aubrey De Grey might get right). I suspect you have rather more. Our perspectives will naturally differ.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Bagatell on October 14, 2015, 11:07:08 AM

Price varies with time. Can you afford to wait?

Yes. Can you afford the costs of impatience?

Bagatell

hero member

Activity: 722

Merit: 500

Quote from: aminorex on October 14, 2015, 11:04:44 AM

Quote from: Bagatell on October 14, 2015, 09:18:41 AM

Quote from: GingerAle on October 14, 2015, 07:27:05 AM

These companies could buy all the bitcoin they wanted to use the bitcoin blockchain as their ledger.

No they can't. The supply is limited and minuscule in comparison to the volume these guys usually deal in.

"Price fixes everything."

Price varies with time. Can you afford to wait?

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Bagatell on October 14, 2015, 09:18:41 AM

Quote from: GingerAle on October 14, 2015, 07:27:05 AM

These companies could buy all the bitcoin they wanted to use the bitcoin blockchain as their ledger.

No they can't. The supply is limited and minuscule in comparison to the volume these guys usually deal in.

"Price fixes everything."

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: dnaleor on October 14, 2015, 10:00:16 AM

I'm getting me some popcorn already Tongue

It's almost always a waste of time and money to move markets, any markets, unless you are doing something evil (which I abjure, especially when I think it is justified by a good end) but it is definitely entertaining, and a perverse relief from being pushed around in the vasty currents of interbank fx like so much medical waste in a pacific typhoon. Not knowing if or when is part and parcel of the suspense.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: cAPSLOCK on October 14, 2015, 09:26:36 AM

Quote from: klee on October 14, 2015, 08:26:18 AM

Quote from: cAPSLOCK on October 14, 2015, 08:17:21 AM

Quote from: klee on October 14, 2015, 07:42:22 AM

Breakout if we close daily above 0.00161201

When is "closing" exactly in GMT?

I follow Poloniex closing time, which is 3.00 AM in Greece (GMT +2). So that makes it at 1.00 GMT?

Thanks. I have never been able to really determine that.

I think poloniex closes at 00:00 UTC, since they use that as server time as well. Wisdom always closes at 02:00 (GMT+2), so that would make sense.

FWIW: Offers decreased from ~67k last night to ~37k today, might explain all the mini walls around 0.0016. In other words, someone could be protecting his short position. Alternative explanation, the offerer just took away a chunk of his offers.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: aminorex on October 13, 2015, 01:15:56 PM

Monkey is seeing 4 more weeks of XBTUSD strength (and likely XMRXBT weakness) before a technical turn. On the other hand, DXY strength is likely to return in 3 days time, which could nip the XBTUSD run if it is very strong -- and it is looking likely to be very strong. That would reverse the significance of the correlation, and be bullish for XMRUSD, XMRXBT alike. If that happens I might squeeze XMR, just for fun. Personally, I moved a lot today: Filled in wheat at 504.2, short GCZ5, short SPZ5, short CLZ5, short EEM, all for a 1-2 week swing. I might short EWP, EWQ as well if I see any strength over the next few days, but that seems unlikely.

I'm getting me some popcorn already Tongue

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: klee on October 14, 2015, 08:26:18 AM

Quote from: cAPSLOCK on October 14, 2015, 08:17:21 AM

Quote from: klee on October 14, 2015, 07:42:22 AM

Breakout if we close daily above 0.00161201

When is "closing" exactly in GMT?

I follow Poloniex closing time, which is 3.00 AM in Greece (GMT +2). So that makes it at 1.00 GMT?

Thanks. I have never been able to really determine that.

Bagatell

hero member

Activity: 722

Merit: 500

Quote from: GingerAle on October 14, 2015, 07:27:05 AM

These companies could buy all the bitcoin they wanted to use the bitcoin blockchain as their ledger.

No they can't. The supply is limited and minuscule in comparison to the volume these guys usually deal in.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: cAPSLOCK on October 14, 2015, 08:17:21 AM

Quote from: klee on October 14, 2015, 07:42:22 AM

Breakout if we close daily above 0.00161201

When is "closing" exactly in GMT?

I follow Poloniex closing time, which is 3.00 AM in Greece (GMT +2). So that makes it at 1.00 GMT?

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: klee on October 14, 2015, 07:42:22 AM

Breakout if we close daily above 0.00161201

When is "closing" exactly in GMT?

klee

legendary

Activity: 1498

Merit: 1000

Quote from: klee on October 13, 2015, 04:06:49 PM

Quote from: Harpua on October 13, 2015, 03:48:57 PM

Quote from: klee on October 13, 2015, 03:41:51 PM

We might have bottomed:

https://bitcointalksearch.org/topic/m.12670950

I never understood how to read those graphs... What do they mean, and how can you tell if something has "bottomed out" and can only go up from there?

Ok, so we have the 1D RSI indicator of XMR in Point & Figure format.

RSI gives us an estimation that the market is oversold/overbought ( =<30 and >=70 respectively). If you go at https://bitcoinwisdom.com/markets/poloniex/xmrbtc try to find the RSI at Settings -> Indicator.

IMO, for alt coins the two timeframes that make sense (especially in XMR's case) are the 1d & 3d. So configure accordingly the chart.

So we see there that we have broken the 30 level for good and the price bounced above it briefly (1D) and now is standing almost on top of it. If we manage to continue rising towards the 50 level it means that we bottomed.

Enter P&F. The difference in the P&F RSI format is that we see more clearly that the RSI made a double bottom at 29 and broke out at 36 (at least when I drew the chart, afterwards it went back to 34). That is a bullish signal, meaning that the RSI 'price' managed to overcome resistance and it showed rising momentum. This combined with the fact that below 30 the market is considered oversold, are IMHO bullish signs.

As for the XMR P&F chart (1d CLOSE, log scale, 1% box size, reversal 3):

IGNORE the chart

We reversed from 0.00154911 at 0.00161201.
Support is 0.00156460-0.00158025, sell signal if we close below 0.00154911 (0.00153377).

Bearish resistance at 0.00174558-0.00176303, 0.00215123-0.00217274.

Watch out for the double top at 0.00221642 (strong resistance).

Heavy resistance between 0.00226097-0.00235277, free at 0.00237630 (provided that we will continue in the same X column).

EDIT: Forgot to mention that the buy signal is at 0.00179847

Correct chart:

Breakout if we close daily above 0.00161201

Topic: [XMR] Monero Speculation - page 1703. (Read 3313576 times)