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Topic: [XMR] Monero Speculation - page 1958. (Read 3313084 times)

hero member
Activity: 742
Merit: 500
April 11, 2015, 05:07:34 AM

Total XMR bought: 7,517,527.1312805014
Total XMR sold: 11,907,751.25370653

Difference: -4,390,224.122426029 XMR

Maybe I am overinterpreting the numbers here - but it should be, with some noise, possible to estimate how much miners are holding and how much they are selling. Or is it an overinterpretation?
sr. member
Activity: 264
Merit: 250
April 11, 2015, 03:51:01 AM
Poloniex is not the only source of Monero  Wink

Correct me if I'm wrong, but on Bittrex (the 2nd largest Monero volume exchange), people are not allowed to query the entire trading history.
sr. member
Activity: 476
Merit: 250
Ⓘ♡฿
April 11, 2015, 03:38:23 AM
Poloniex is not the only source of Monero  Wink
sr. member
Activity: 264
Merit: 250
April 11, 2015, 03:09:26 AM
I've just made some statistics about the Poloniex XMR/BTC market starting from the first trade (back in 2014), ending with today's last trade at 7:32 UTC using Poloniex's API. Looking at the chart below, Monero seems to be very oversold to me... Smiley


(Click on the image to view it in large!)

Total XMR bought (at market price): 7,517,527.1312805014
Total XMR sold (at market price): 11,907,751.25370653

Difference: -4,390,224.122426029 XMR
legendary
Activity: 1834
Merit: 1019
April 10, 2015, 06:47:05 PM
Just beautiful:



Also, bid side is over 700 btc currently, approaching an alltime high!

Not going to lie. That was my purchase that broke that trend line. Grin There were a couple of other people who came in right after me to make the candlestick more exagerated, but i was the one who bought enough to push it above the trend line initially, they just pushed it further above the trend line. I wanted some more monero sure, but i also saw the opportunity to potentially light a fuse.

I was with ya buddy, .0031x or so Smiley

Ha. Cool. I couldn't help but wonder who that was, though i didn't ever expect to find out.

You were both late  Cool



wasn't really much so  Tongue

I'm hoping we're still early Cheesy
legendary
Activity: 1722
Merit: 1217
April 10, 2015, 05:48:56 PM
Just beautiful:



Also, bid side is over 700 btc currently, approaching an alltime high!

Not going to lie. That was my purchase that broke that trend line. Grin There were a couple of other people who came in right after me to make the candlestick more exagerated, but i was the one who bought enough to push it above the trend line initially, they just pushed it further above the trend line. I wanted some more monero sure, but i also saw the opportunity to potentially light a fuse.

I was with ya buddy, .0031x or so Smiley

Ha. Cool. I couldn't help but wonder who that was, though i didn't ever expect to find out.
legendary
Activity: 1834
Merit: 1019
April 10, 2015, 05:40:28 PM
Just beautiful:



Also, bid side is over 700 btc currently, approaching an alltime high!

Not going to lie. That was my purchase that broke that trend line. Grin There were a couple of other people who came in right after me to make the candlestick more exagerated, but i was the one who bought enough to push it above the trend line initially, they just pushed it further above the trend line. I wanted some more monero sure, but i also saw the opportunity to potentially light a fuse.

I was with ya buddy, .0031x or so Smiley
sr. member
Activity: 252
Merit: 251
April 10, 2015, 05:39:27 PM

Not going to lie. That was my purchase that broke that trend line. Grin There were a couple of other people who came in right after me to make the candlestick more exagerated, but i was the one who bought enough to push it above the trend line initially, they just pushed it further above the trend line. I wanted some more monero sure, but i also saw the opportunity to potentially light a fuse.

damn... because of you my mother had to pay a slightly higher price Wink
i was buying for her today...

https://forum.getmonero.org/20/general-discussion/158/any-women-using-monero

but indeed: it looks nice!
legendary
Activity: 1722
Merit: 1217
April 10, 2015, 05:36:31 PM
Just beautiful:



Also, bid side is over 700 btc currently, approaching an alltime high!

Not going to lie. That was my purchase that broke that trend line. Grin There were a couple of other people who came in right after me to make the candlestick more exagerated, but i was the one who bought enough to push it above the trend line initially, they just pushed it further above the trend line. I wanted some more monero sure, but i also saw the opportunity to potentially light a fuse. Sort of like akido, i thought that by breaking that trend I could potentially apply a very small amount of pressure in a way that could have a leveraged effect.
tyz
legendary
Activity: 3360
Merit: 1533
April 10, 2015, 05:28:23 PM
It's the most obvious parameter they can grab to compare different challenging coins, especially for non-techie users. In their view, a coin with a market cap of 10 mln must be two times better than a coin with a market cap of 5 mln. They don't care about features and future prospects a coin have.

I don't get why people care about coinmarketcap? It's pretty useless imo.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
April 10, 2015, 04:30:49 PM
I think XMR will be #2 on that filter non mineable and premined list in 2 years. That filter should also filter Dash. So actually XMR is #4 currently.

Yes... why on earth does that filter NOT include dash?

and bytecoin, what is wrong with coinmarketcap.

Horrible decision on their part. In fact they originally tagged BCN as premined (as it obviously was) but removed it when the BCN shills complained.



I'm not sure what their infrastructure is built on, or what is the reason they pick up which coin is included, but they left out a lot of alts out of there. Maybe it's based on to what is traded on specific "big" exchanges... Who knows?
legendary
Activity: 874
Merit: 1000
monero
April 10, 2015, 04:26:37 PM
since I can't find the original thread for moneroclub (https://www.moneroclub.com/)

did anyone else notice thats it's down for the last two days at least or ist it just me getting displayed the "Internal Server Error" message?
legendary
Activity: 2968
Merit: 1198
April 10, 2015, 03:42:48 PM
I think XMR will be #2 on that filter non mineable and premined list in 2 years. That filter should also filter Dash. So actually XMR is #4 currently.

Yes... why on earth does that filter NOT include dash?

and bytecoin, what is wrong with coinmarketcap.

Horrible decision on their part. In fact they originally tagged BCN as premined (as it obviously was) but removed it when the BCN shills complained.

legendary
Activity: 2968
Merit: 1198
April 10, 2015, 03:37:35 PM
I don't get why people care about coinmarketcap? It's pretty useless imo.

But you can always ask him? https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685

I like that Gliss took HitBTC off the site as an exchange. It has affected the volume for Bytecoin and should help noobs to not touch it.

EDIT: to make this post more about Monero speculation, does anyone think removing Hitbtc's volume from Monero on Coinmarketcap will impact us negatively?

Maybe a little (makes us looks even more concentrated on Poloniex) but I'm still happy to see the cryptocurrency reporting scene cleaned up a bit.

full member
Activity: 186
Merit: 100
Monero
April 10, 2015, 02:53:41 PM
I don't get why people care about coinmarketcap? It's pretty useless imo.

But you can always ask him? https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685

I like that Gliss took HitBTC off the site as an exchange. It has affected the volume for Bytecoin and should help noobs to not touch it.

EDIT: to make this post more about Monero speculation, does anyone think removing Hitbtc's volume from Monero on Coinmarketcap will impact us negatively?
full member
Activity: 231
Merit: 100
April 10, 2015, 02:32:02 PM
I don't get why people care about coinmarketcap? It's pretty useless imo.

But you can always ask him? https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685
legendary
Activity: 2016
Merit: 1259
April 10, 2015, 01:44:42 PM
Polo why you no let me buy??!

Keeps crashing my phone lol
Oh well, up is a good direction, regardless.
If poloniex is slow on your phone it may help to set the chart to 6h. The script has to do a lot more work to show the chart at say "All" and it may freeze.
Thank you, I will try that! 
legendary
Activity: 2268
Merit: 1141
April 10, 2015, 01:43:41 PM
Just beautiful:



Also, bid side is over 700 btc currently, approaching an alltime high!
hero member
Activity: 672
Merit: 500
April 10, 2015, 01:17:15 PM
BTC Down, Monero Up, Relation?  Grin
legendary
Activity: 1552
Merit: 1047
April 10, 2015, 01:16:33 PM
Polo why you no let me buy??!

Keeps crashing my phone lol
Oh well, up is a good direction, regardless.
If poloniex is slow on your phone it may help to set the chart to 6h. The script has to do a lot more work to show the chart at say "All" and it may freeze.
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