[XMR] Monero Speculation - page 1810.

SmoothCurves

sr. member

Activity: 379

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Quote from: Melbustus on August 06, 2015, 07:22:23 PM

Quote from: ArticMine on August 06, 2015, 06:07:57 PM

...
furthermore I still believe the market has not yet priced in the discrepancy between the 8 month old "official" binaries and the current code..

Yeah, I first ran bitmonerod over a year ago, and it was unreasonable to run it while expecting to do anything else with the machine. By contrast, I recently compiled the current code and have no trouble leaving the process running.

That said, I don't think there'll be any effect on price until there's a GUI. People are dumb.

Quote from: SmoothCurves on August 06, 2015, 06:35:36 PM

...

Yeah, some choppiness after this spike then on to .003 and beyond. These threads will be fun to read in a few years time when XMR is trading at over .01

I remember a few moments over a year ago when XMR (or was it MRO then?) was trading over 0.01... Wink

On what exchange?

Melbustus

legendary

Activity: 1722

Merit: 1004

Quote from: ArticMine on August 06, 2015, 06:07:57 PM

...
furthermore I still believe the market has not yet priced in the discrepancy between the 8 month old "official" binaries and the current code..

Yeah, I first ran bitmonerod over a year ago, and it was unreasonable to run it while expecting to do anything else with the machine. By contrast, I recently compiled the current code and have no trouble leaving the process running.

That said, I don't think there'll be any effect on price until there's a GUI. People are dumb.

Quote from: SmoothCurves on August 06, 2015, 06:35:36 PM

...

Yeah, some choppiness after this spike then on to .003 and beyond. These threads will be fun to read in a few years time when XMR is trading at over .01

I remember a few moments over a year ago when XMR (or was it MRO then?) was trading over 0.01... Wink

SmoothCurves

sr. member

Activity: 379

Merit: 250

Quote from: ArticMine on August 06, 2015, 06:07:57 PM

Quote from: S3052 on August 06, 2015, 10:49:25 AM

"BE LONG, STAY LONG"

Hello all! Thought this would be an appropriate time to share:

On 7/10/2015 we (BullBear Analytics) issued a trade idea - **Monero ProTrade [Issued on 7/10/2015]**: Get long at current levels, ~0.0018, with a stoploss at 0.00165 and an initial target of 0.0026. The next level of resistance would come in around 0.0035 if a breakout occurs.

Then on Tuesday, we issued the following report:

https://i.imgur.com/tkVytsK.png

These reports are for Premium subscribers only, but I wanted to share with the community this time around Grin

We are not there yet, but things are looking very good technically.

Reply if you have any questions or comments! Cheers!

bullbearanalytics.com

S3052 has very properly identified the "behind the scenes" development in Monero as something traders need to keep into account. As for the current market action I am not surprised, furthermore I still believe the market has not yet priced in the discrepancy between the 8 month old "official" binaries and the current code..

Yeah, some choppiness after this spike then on to .003 and beyond. These threads will be fun to read in a few years time when XMR is trading at over .01

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: S3052 on August 06, 2015, 10:49:25 AM

"BE LONG, STAY LONG"

Hello all! Thought this would be an appropriate time to share:

On 7/10/2015 we (BullBear Analytics) issued a trade idea - **Monero ProTrade [Issued on 7/10/2015]**: Get long at current levels, ~0.0018, with a stoploss at 0.00165 and an initial target of 0.0026. The next level of resistance would come in around 0.0035 if a breakout occurs.

Then on Tuesday, we issued the following report:

https://i.imgur.com/tkVytsK.png

These reports are for Premium subscribers only, but I wanted to share with the community this time around Grin

We are not there yet, but things are looking very good technically.

Reply if you have any questions or comments! Cheers!

bullbearanalytics.com

S3052 has very properly identified the "behind the scenes" development in Monero as something traders need to keep into account. As for the current market action I am not surprised, furthermore I still believe the market has not yet priced in the discrepancy between the 8 month old "official" binaries and the current code..

americanpegasus

hero member

Activity: 770

Merit: 504

Quote from: dreamspark on August 06, 2015, 04:24:45 PM

Another thing that could be different this time around is that there is leveraged trading.

I currently lend a significant sum of btc on bitfinex but am definately considering moving some to Polo, especially if it will add fuel to this rally.

Yes, I learned my lesson with leverage a little while back and it cost me a couple thousand Monero. That was enough for me to learn to stay away from leveraged trading.

Nevertheless, others have not learned that lesson and we will eventually see a Monero margin bubble. People will see the Monero price going up, and they will leverage to buy more and more... And eventually (just like the current stock market) we will be leveraged to the hilt and once a few people sell and take profit it will cause a cataclysmic crash as n00b after n00b watches themselves get margin called and their entire warchest vanish in an instant.

Humans are dumb, so this is inevitable. I just urge you, dear reader, not to get caught up in it.

Buy Monero as we go up, and load up on pull backs, but stay. Away. From. Margin.

If you're thinking, "Fuck that guy, I know what I'm doing," then you're probably the person who needs to listen to my advice. If you're thinking, "dam margin u scary" then I'm probably preaching to the choir.

dreamspark

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Activity: 798

Merit: 1000

Another thing that could be different this time around is that there is leveraged trading.

I currently lend a significant sum of btc on bitfinex but am definately considering moving some to Polo, especially if it will add fuel to this rally.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: hodlmybtc on August 06, 2015, 04:08:49 PM

Quote from: dreamspark on August 06, 2015, 03:46:25 PM

Quote from: hodlmybtc on August 06, 2015, 03:29:56 PM

The whales aren't done buying yet, relatively safe buy imo.

Agree, still think a bid around 0.0022-0.00235 will get filled though. Pullbacks always happen on spikes like this. I mean there's a guy in the thread telling you his subscribers are selling at 0.0028.

? Anyways 0.0028 isn't a significant level, 0.0267 is tho. Also I don't think many Monero holders will sell much below 0.004.

And I highly doubt that a bid there would get filled, thats the range we broke out of.

I've tried to get some bids filled the whole way up but it's hard, bots/nolifers will instantly place bids a couple satoshis higher than you constantly.

Again I agree its not a significant level, but its what bullbear have targeted normally meaning they will sell off just before.

We will see, I have bids between there and Ive been through enough XMR rallies to know they should be filled.

edit: But as always it could be different this time tm

camu6

full member

Activity: 158

Merit: 100

Quote from: saddambitcoin on August 06, 2015, 03:56:49 PM

Quote from: dnaleor on July 19, 2015, 08:00:31 AM

On august 6 this wedge closes.
xmrchina always drops the date "august 8"
Coincidence?

Dude!!! you called it on the day!

We left this wedge early to the upside, nontheless he called the day 1w macd turned green

Let's see what awaits us on the mysterious "august 8" Wink

XMRpromotions

sr. member

Activity: 336

Merit: 250

Quote from: americanpegasus on August 06, 2015, 03:47:22 PM

The volume on Polo is almost at 500 bitcoins! SERIOUSLY STAHP. U GUYS. U GUYS SRSLY. Angry

912 BTC in one day this March:

https://twitter.com/moneronews/status/582874066383667201

I have a feeling that record will one day be broken:

https://twitter.com/XMRpromotions/status/628951955700891650

hodlmybtc

hero member

Activity: 700

Merit: 500

Quote from: dreamspark on August 06, 2015, 03:46:25 PM

Quote from: hodlmybtc on August 06, 2015, 03:29:56 PM

The whales aren't done buying yet, relatively safe buy imo.

Agree, still think a bid around 0.0022-0.00235 will get filled though. Pullbacks always happen on spikes like this. I mean there's a guy in the thread telling you his subscribers are selling at 0.0028.

? Anyways 0.0028 isn't a significant level, 0.0267 is tho. Also I don't think many Monero holders will sell much below 0.004.

And I highly doubt that a bid there would get filled, thats the range we broke out of.

I've tried to get some bids filled the whole way up but it's hard, bots/nolifers will instantly place bids a couple satoshis higher than you constantly.

iCEBREAKER

legendary

Activity: 2156

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Crypto is the separation of Power and State.

Yay, I earned 5 XMR by shorting Digital Trash!

saddambitcoin

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Activity: 1610

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Quote from: dnaleor on July 19, 2015, 08:00:31 AM

On august 6 this wedge closes.
xmrchina always drops the date "august 8"
Coincidence?

Dude!!! you called it on the day!

XMRpromotions

sr. member

Activity: 336

Merit: 250

https://twitter.com/XMRpromotions/status/629393841225728000

Is it true?

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: americanpegasus on August 06, 2015, 03:45:39 PM

TWENTY-FIVE'S ARE PAINTING!?

WHAT THE HELL IS GOING ON. WAT ARE U GUYS DOIN.

STOP IT.

I wanted to get some more funds together and buy some more Monero in the low 200's. Son of a....

Look, I think we all know this Monero thing isn't gonna work out. Ummm.... the developers are scamming..... and umm.... lack of GUI. Damn, I'm not very good at this.

Look, just stop buying Monero for a little bit until I get some more funds together. OR MY FUD CAMPAIGN WILL CONTINUE.

We are near the resistance zone so if you are able to collect the funds soon it is possible to buy from here or close to the current prices.
To be honest, XMR is a good buy even 100 usd/xmr if you are here for long haul (not years but decades). However, 100 usd is so modest for XMR's target that it can be reached in 5 years or so.

BTC did it in 4 yrs. XMR has second mover advantage. Just saying.

americanpegasus

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The volume on Polo is almost at 500 bitcoins! SERIOUSLY STAHP. U GUYS. U GUYS SRSLY. Angry

TrueCryptonaire

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Quote from: ?? on ??

Quote from: TrueCryptonaire on August 06, 2015, 03:21:01 PM

I am planning to buy soon 300-500 XMR more if the price dips within the upcoming hours.

Edit: thanks.

I'm sure your ask will be bought any minute now and you can start the doom and gloom.

I've bought today 1800 XMR and sold only 800 XMR so I have been a netbuyer of 1000 XMR as I told. Disclaimer: the numbers are rough numbers, not exact.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: hodlmybtc on August 06, 2015, 03:29:56 PM

The whales aren't done buying yet, relatively safe buy imo.

Agree, still think a bid around 0.0022-0.00235 will get filled though. Pullbacks always happen on spikes like this. I mean there's a guy in the thread telling you his subscribers are selling at 0.0028.

americanpegasus

hero member

Activity: 770

Merit: 504

TWENTY-FIVE'S ARE PAINTING!?

WHAT THE HELL IS GOING ON. WAT ARE U GUYS DOIN.

STOP IT.

I wanted to get some more funds together and buy some more Monero in the low 200's. Son of a....

Look, I think we all know this Monero thing isn't gonna work out. Ummm.... the developers are scamming..... and umm.... lack of GUI. Damn, I'm not very good at this.

Look, just stop buying Monero for a little bit until I get some more funds together. OR MY FUD CAMPAIGN WILL CONTINUE.

hodlmybtc

hero member

Activity: 700

Merit: 500

The whales aren't done buying yet, relatively safe buy imo.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

I am planning to buy soon 300-500 XMR more if the price dips within the upcoming hours.

Edit: thanks.

Topic: [XMR] Monero Speculation - page 1810. (Read 3313576 times)