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Topic: [XMR] Monero Speculation - page 1811. (Read 3313576 times)

hero member
Activity: 798
Merit: 1000
August 06, 2015, 03:18:51 PM
You know what happens when them bulls get that exuberence  Cheesy

But no seriously, glad to see my stash gaining value again. As always just be careful buying spikes  Tongue
full member
Activity: 158
Merit: 100
August 06, 2015, 03:12:13 PM


One down! Next one on the menu is DarkDashcoin!

Source : https://www.coingecko.com/
hero member
Activity: 700
Merit: 500
August 06, 2015, 03:09:40 PM


Can you say dildo?
full member
Activity: 168
Merit: 101
Physical Monero coins
August 06, 2015, 03:00:45 PM
We are on the 4th place for 24h volume. Currently: $130,314.
It's getting really exciting!   
hero member
Activity: 1032
Merit: 502
August 06, 2015, 02:58:52 PM
Monero UP !

legendary
Activity: 2100
Merit: 1000
August 06, 2015, 02:51:39 PM
On 7/10/2015 we (BullBear Analytics) issued a trade idea
I offered less analysis, but scooped you by 5 days. Neener-neener;)

Well done!!!  That 0.0018 area was a GREAT place to accumulate.  Might not see it again for awhile barring some technical issue, attack, or bitcoin catastrophe.  We will definitely be reloading back at 0.002 if it gets there.
legendary
Activity: 1105
Merit: 1000
August 06, 2015, 02:48:59 PM
Glad nobody bought my Moneros... If it drops, I will be there for the coin.
Been scooping approximately 1000 XMR also today (more than 5 % of today's emission) and I am happy for each of them.   Grin

Actually >7.5% Smiley
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 06, 2015, 02:36:51 PM
Regarding Gold: I think it has a lot of room to go down...
I agree.  It's important to qualify estimations with their time scale, and I am thinking on the order of days, not months, in my comment.

I don't actually plan to take a view on oil, but consider the highly correlated pair to be a signal for EURNOK.  I try not to answer questions unless I have what I deem to be an evidence-based estimation with some sort of error bars, so pardon the restraint of my reply.  I just haven't done that much homework.  If I see a bounce about this time next week, I will probably hit it.  Everyone is so bearish on oil that some pain needs to be administered to the levered shorts.  Players gotta run stops, you know.

legendary
Activity: 1092
Merit: 1000
August 06, 2015, 02:36:47 PM
Glad nobody bought my Moneros... If it drops, I will be there for the coin.
Been scooping approximately 1000 XMR also today (more than 5 % of today's emission) and I am happy for each of them.   Grin
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 06, 2015, 02:29:29 PM
On 7/10/2015 we (BullBear Analytics) issued a trade idea
I offered less analysis, but scooped you by 5 days. Neener-neener;)
legendary
Activity: 1092
Merit: 1000
August 06, 2015, 02:27:48 PM
Cmon guys I said dump not pump, whats with all the competition?  Roll Eyes

So I can't imagine there will be many profit takers sub .003. Seems more like time to buy back in level and see where this goes?

I've sold already once in about 0.003... Why should I do it for the second time?
There are now middle sized buyers in the markets. Waite until there will be large ones... Then it could take us much more on daily basis. The most important thing is to keep in mind not to sell too early.
sr. member
Activity: 379
Merit: 250
August 06, 2015, 02:22:21 PM
Green daily dildo.  Grin

Monero is pumping hard! I think many people are starting to hear about Monero and looking into it. It's hard not to be impressed with Monero tbh.
hero member
Activity: 538
Merit: 500
August 06, 2015, 02:15:39 PM
Green daily dildo.  Grin
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
August 06, 2015, 02:15:01 PM
Cmon guys I said dump not pump, whats with all the competition?  Roll Eyes

So I can't imagine there will be many profit takers sub .003. Seems more like time to buy back in level and see where this goes?
hero member
Activity: 700
Merit: 500
August 06, 2015, 02:01:04 PM
Liftoff, blasted through resistance Cool
legendary
Activity: 1092
Merit: 1000
August 06, 2015, 01:53:13 PM
My speculation:

I lifted my trading/marketmaking sell a few hours earlier since Monero looks strong right now.
The bull trend is pretty early and as said, the ressitance is 10-15 % ahead from the current price level.
For an accumulator the resistances are sweet spots to hoard larger amounts.
Current level is a miniresistance but the volume is here right now so I would not be surprised if we would reach the next resistance zone in upcoming days.
I hope the liquidity stays in the markets.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
August 06, 2015, 01:47:55 PM
XMR is mostly traded in BTC. But if the demand for XMR is denominated in fiat, then XMR:BTC will rise when BTC:USD goes down.

Perhaps the people who are buying XMR are thinking in terms of fiat, not BTC.

If that's true, then the lower BTC:USD goes, the stronger the possibility that XMR decouples from BTC completely or even surpasses it.
legendary
Activity: 2100
Merit: 1000
August 06, 2015, 01:05:48 PM
24 was irresistable too.

While traders and hedgers tend to think in terms of btc (cost basis), miners (suppliers) tend to think in terms of local fiat (cost basis).  USD 0.1 and 0.05 increments are psychological levels, probably.  If there are mining hoards in weakish hands the recent 40% rise should coax them out of hiding. If such hoards are depleted, this ramp could run for quite a while.

Amusing: btc is more stable than climbing USD, over the past few months.  Obviously a superior reserve currency Grin

Aside: I am long wheat futures for a nice swing.  Watching oil and gold for capitulation Real Soon Now. When that happens I expect to short EURNOK again.

Regarding Oil: It broke it's YTD support zone of 46.xx (which was tested two times this year), so there is room to go down. However, we got the 41.xx support zone coming up (from 2009). Do you think it will capitulate in that zone? Because if that breaks there is a lot of room to go down. Also, there are some rumours Iran's sanctions are lifted and thus supply will increase (http://www.bloomberg.com/news/articles/2015-08-02/iran-s-oil-minister-says-output-to-rise-one-week-after-sanctions).

Regarding Gold: I think it has a lot of room to go down, but I mainly base this of Armstrong's predictions. In addition, it's still way above the long term mean:



Regarding XMR: Weekly MACD is turning green, in the past the meant a lot of room for upwards movement. However, there are a lot of resistances coming up before we'll surpass 0.003

@S3052: Great report, keep those going!

Thanks!  Will do!  And likewise   Grin 
legendary
Activity: 2268
Merit: 1141
August 06, 2015, 11:08:18 AM
24 was irresistable too.

While traders and hedgers tend to think in terms of btc (cost basis), miners (suppliers) tend to think in terms of local fiat (cost basis).  USD 0.1 and 0.05 increments are psychological levels, probably.  If there are mining hoards in weakish hands the recent 40% rise should coax them out of hiding. If such hoards are depleted, this ramp could run for quite a while.

Amusing: btc is more stable than climbing USD, over the past few months.  Obviously a superior reserve currency Grin

Aside: I am long wheat futures for a nice swing.  Watching oil and gold for capitulation Real Soon Now. When that happens I expect to short EURNOK again.

Regarding Oil: It broke it's YTD support zone of 46.xx (which was tested two times this year), so there is room to go down. However, we got the 41.xx support zone coming up (from 2009). Do you think it will capitulate in that zone? Because if that breaks there is a lot of room to go down. Also, there are some rumours Iran's sanctions are lifted and thus supply will increase (http://www.bloomberg.com/news/articles/2015-08-02/iran-s-oil-minister-says-output-to-rise-one-week-after-sanctions).

Regarding Gold: I think it has a lot of room to go down, but I mainly base this of Armstrong's predictions. In addition, it's still way above the long term mean:



Regarding XMR: Weekly MACD is turning green, in the past the meant a lot of room for upwards movement. However, there are a lot of resistances coming up before we'll surpass 0.003

@S3052: Great report, keep those going!
legendary
Activity: 2100
Merit: 1000
August 06, 2015, 10:53:32 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

You can make money also by following me. It is a premium thing but for free.

Nice!  The more the merrier  Wink
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