Author

Topic: [XMR] Monero Speculation - page 1968. (Read 3314330 times)

legendary
Activity: 1722
Merit: 1217
April 04, 2015, 06:06:58 PM
man i had a buy order sitting at 0.00301 forever and i decided it wasnt going to happen and went ahead and moved the bitcoin off the exchange to avoid counterparty risk... then like a couple hours later... DOH
legendary
Activity: 1050
Merit: 1000
April 04, 2015, 05:46:26 PM
In Polo trollbox the guys are trolling that Monero has some technical issues.
There is nowhere else for them to run, their arguments were promptly debunked here, the mass dump panicking failed and the moneroj is once again in stronger hands.

Still bystanders could experience this as pump&dump group action on a coin with stalled development, accompanied by way to much noise surrounding it. Is it true?

I'm counting the days for our own buttcoin.

LOL you made me have a good laugh Cheesy
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
April 04, 2015, 05:37:52 PM
In Polo trollbox the guys are trolling that Monero has some technical issues.
There is nowhere else for them to run, their arguments were promptly debunked here, the mass dump panicking failed and the moneroj is once again in stronger hands.

Still bystanders could experience this as pump&dump group action on a coin with stalled development, accompanied by way to much noise surrounding it. Is it true?
legendary
Activity: 1092
Merit: 1000
April 04, 2015, 05:29:50 PM
In Polo trollbox the guys are trolling that Monero has some technical issues.
legendary
Activity: 2968
Merit: 1198
April 04, 2015, 05:17:58 PM
Is this Monero's time to shine? To me the stage is set and bitcoin is ripe for a non-hostile takeover. A Director with the Bitcoin Foundation has gone public and said that they are essentially bankrupt and dysfunctional.

Check it out:

https://bitcoinfoundation.org/forum/index.php?/topic/1284-the-truth-about-the-bitcoin-foundation/

https://ihb.io/2015-04-04/news/bitcoin-millionaire-olivier-janssens-expose-bitcoin-foundation-16737

The "Bitcoin Foundation" failing and shutting down would be one of the best things that could happen to Bitcoin, but this is somewhat off topic for here.
legendary
Activity: 1092
Merit: 1000
April 04, 2015, 04:44:38 PM
I added another buy order for even lower. Let that knife fall.
legendary
Activity: 1092
Merit: 1000
April 04, 2015, 04:38:03 PM
good thing I cashed out at 0.004  Shocked

guess you'll have to wait a bit more until BTC parity TrueCryptonaire  Cheesy

Congratulations on good trade.
Yup, looks like I have to waite for a while.  Grin
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
April 04, 2015, 04:34:16 PM
good thing I cashed out at 0.004  Shocked

guess you'll have to wait a bit more until BTC parity TrueCryptonaire  Cheesy
hero member
Activity: 826
Merit: 500
April 04, 2015, 04:26:21 PM
I'd rather have Monero stay low over the next few months, so that I can acquire more. Pumps don't really serve anyone except for short term speculators.
legendary
Activity: 1176
Merit: 1015
April 04, 2015, 03:41:14 PM
are we guys watching the same graph?

I was the guy pissing on the parade at <0.004 but I assumed it would drop much faster.

If it stays over 0.0032 or 0.003 a shit is broken

How low do you think it's going to go?
hero member
Activity: 742
Merit: 500
April 04, 2015, 03:38:21 PM
are we guys watching the same graph?

I was the guy pissing on the parade at >0.004 but I assumed it would drop much faster.

If it stays over 0.0032 or 0.003 a shit is broken
legendary
Activity: 1176
Merit: 1015
April 04, 2015, 03:36:23 PM
Looks like that was the peak for now, until next time!

If this does crash below 0.003 it'll probably take a few months to reignite the fire.
This shows Monero can still get some action.

Good run people!
legendary
Activity: 1092
Merit: 1000
April 04, 2015, 03:13:02 PM
By reading TrueCryptonaire's posts you know instantly in what direction he's trying to day trend. Sometimes he contradicts himself in the same day, but always writing like he's throwing omnisciently absolute truth.

Thank you for telling me that I am trading.
I have withdrawn my trading stack long time ago from the exchange. I am not trading anymore but holding a bag.

I have buy order in the market, but I don't mind if it will not get filled. But if I get those coins, it is okay. They will be stored for long term.

This is not overnight get rich thing, but long term and it is amazing how fast someone can dump the coin  15-20 %... Shows that there is after all pretty little liquidity in the markets.
legendary
Activity: 1512
Merit: 1012
Still wild and free
April 04, 2015, 03:10:29 PM
By reading TrueCryptonaire's posts you know instantly in what direction he's trying to day trend. Sometimes he contradicts himself in the same day, but always writing like he's throwing omnisciently absolute truth.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
April 04, 2015, 03:05:46 PM
Is this Monero's time to shine? To me the stage is set and bitcoin is ripe for a non-hostile takeover. A Director with the Bitcoin Foundation has gone public and said that they are essentially bankrupt and dysfunctional.

Check it out:

https://bitcoinfoundation.org/forum/index.php?/topic/1284-the-truth-about-the-bitcoin-foundation/

https://ihb.io/2015-04-04/news/bitcoin-millionaire-olivier-janssens-expose-bitcoin-foundation-16737
legendary
Activity: 1092
Merit: 1000
April 04, 2015, 03:02:58 PM
Wow, there is simply no willingness to hold the coin.
Are you for real? Why do you post such nonsense?
Alot of people think day in and day out about how to support this coin & keep the price stable and organic growing.

Yes, me too. Just watching the current dump.
I am buyer all the time as long as there is clearly new people who need coins.

But look, before we broke to 0.0043, the resistance was 0.0032 (around there). Usually the previous resistance after break through becomes a new support level.
If the support is broken, then it is an early sign of a bear trend (not necessarily a sufficient sign, but early sign).
Sufficient sign it is when it has broken the third Fib. However, is it too late then already since the price is anyway pretty low there..
Interesting times, I don't want to give anyone advice what to do... Personally I am still hodling (and having buy orders but I am afraid they are perhaps too high) but everyone decide what they do with their coins. I surely hope this is not the end of a bull trend but just a little correction to keep the trend more healthy. The rise to 0.004 was too fast indeed, but now I hope that the support holds at least and we stay around here for a while, perhaps moving sideways.

If there are new people interested in entering into XMR, now is better time to do your move than a few days ago.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
April 04, 2015, 03:02:35 PM
So what was he trying to say?
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
April 04, 2015, 02:56:16 PM
Wow, there is simply no willingness to hold the coin.
Are you for real? Why do you post such nonsense?
Alot of people think day in and day out about how to support this coin & keep the price stable and organic growing.
legendary
Activity: 1092
Merit: 1000
April 04, 2015, 02:48:10 PM
some pretty heavy dumps today, can we hold or do we break from here?
the old patter is still present inside the minds. dump to get even more monero.
i hope somone will teach them one more time Grin

Wow, there is simply no willingness to hold the coin.
We are now close to break this trend...  Undecided

Let's hope the bull trend keeps in force still... After all, we did not even make new ATH.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
April 04, 2015, 12:16:23 PM
Think about .004 XMR with 16000 coins mined per day.

 0.004 * 16000 = 64 BTC per day. 23360 BTC per year. It's not all sold, but it's a lot of value created quickly.

There can and will be spikes to .01  and higher but it can't maintain those highs. Even with interest from bitcoin whales with 10,000+ liquid bitcoin. Do you think those bitcoin whales are going to spend all their bitcoin on buying XMR every day so that XMR never ever goes down?

Monero's daily emission is currently well less than 16 000, it is something like 15600 and declining fast.
After 1 year it is signigiciantly lower.
Therefore I think it is possible to keep up the price.
Keep in mind, not only btc whales buy into XMR but people who have fiat... They get Moneros now very affordably (like bitcoin in 2011, only 1 usd per coin).

While some might sell Moneros if btc rallies, I don't think it will be something that lasts for long time.
Usually altcoins (for some strange reason) tent to rally against btc when btc rises agains fiat and vice versa. I don't quite understand why it is like this but the history shows this type of behaviour in altcoins.
Miners, especially those whose mining costs are low, are probably cashing out coins on regular basis no matter what the price is. After all, they are in business and not speculators.
I have fiat and I am buying btc in order to buy xmr every now and then, just to support the price.

Please, Your not doing anything to support the price your doing your best to buy low sell high and trying to manipulate people to support your actions. I took you off ignore but your thinly veiled self serving posts wrapped in bullshit forecasts are getting on my nerves so back to ignore for you.

Anyone listening to this guys advice is shooting themselves in the foot.

A step back a few weeks.:
Guess I'll just have to wait for the next whale dump to get back in.

Whales are accumulating. The miners dump. I don't rule out a miner dump but in this environment with brisk demand that is pretty needless.

If I needed to sell 50k, it would not be hard to do. And if I needed to sell my produce, there would be no need to accumulate 50k before selling.

These are clearly evident in the recent days when lows have been rising quicker than the highs.

There will always be a whale dump to accumulate lower. You know this. Sometimes it will even cause panic selling. Wait didn't we just go through one of those?

The slope of the retracements is getting more and more gentle with every rise though.

Very True. Chances are getting more and more scarce. What do you think they will try next? The BCX Fud Campaign was a nice first salvo last time to make before the move.

Nice shot across the Bow Primer but no-one is falling for your bullshit.
So when is this "Chinese Botnet" going to dump? Almost time to buy again.



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