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Topic: [XMR] Monero Speculation - page 2026. (Read 3313076 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 10, 2015, 02:32:10 PM
Nice Day.  Smiley

2 in a row. What will tomorrow bring?
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
March 10, 2015, 02:20:07 PM
This is one of the biggest days I can remember on Polo.
750+ BTC buy orders
620+ BTC Vol
+50 %


You need to look at this. We are a long way a way from the all time high of this coin. Even at current pump price it is still undervalued.



Exactly.
Nobody wants to sell at these prices anymore.
However I doubt there will be selling even 0.003-0.005 levels.
Some profit taking selling might take place over 0.01 though.

Just buy what you can afford up to and including, oh for shits and giggles, $5.00 per XMR. Be part of the economy by buying and selling XMR, some goods, and/or services with it. Next stash an investment wad under a digital pillow. When you are done accumulating just sit on it and see where the ride takes you.
legendary
Activity: 1092
Merit: 1000
March 10, 2015, 01:51:04 PM
This is one of the biggest days I can remember on Polo.
750+ BTC buy orders
620+ BTC Vol
+50 %


You need to look at this. We are a long way a way from the all time high of this coin. Even at current pump price it is still undervalued.



Exactly.
Nobody wants to sell at these prices anymore.
However I doubt there will be selling even 0.003-0.005 levels.
Some profit taking selling might take place over 0.01 though.
sr. member
Activity: 289
Merit: 250
March 10, 2015, 01:49:38 PM
So will this uptrend last or crash?

Bought in around 0.0015

If you don't give a rat's ass about Monero, I would do the following:

- Put a stop loss at 0.00165, which is at the low after the first attempt at 0.00194 (high was 0.00192192).
- If it hits, you make 10%
- If it doesn't, you are rich. Sell when you need a house or something.

If you believe in Monero, the advice is:

- Buy from the stop-lossed sucker if ever it hits 0.00165
- If it doesn't, you are rich. Sell when you need a house or something.

Always happy to help Smiley


I am leaning more to the latter. Thanks rpetila
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
March 10, 2015, 01:48:24 PM
This is one of the biggest days I can remember on Polo.
750+ BTC buy orders
620+ BTC Vol
+50 %


You need to look at this. We are a long way a way from the all time high of this coin. Even at current pump price it is still undervalued.

legendary
Activity: 2604
Merit: 1748
March 10, 2015, 01:00:51 PM
So will this uptrend last or crash?

Bought in around 0.0015

If you don't give a rat's ass about Monero, I would do the following:

- Put a stop loss at 0.00165, which is at the low after the first attempt at 0.00194 (high was 0.00192192).
- If it hits, you make 10%
- If it doesn't, you are rich. Sell when you need a house or something.

If you believe in Monero, the advice is:

- Buy from the stop-lossed sucker if ever it hits 0.00165
- If it doesn't, you are rich. Sell when you need a house or something.

Always happy to help Smiley

Good to see you in upbeat mode, Risto.

All the best - I have had my popcorn out since late last night. 

A pleasant rise to be watching.
donator
Activity: 1722
Merit: 1036
March 10, 2015, 12:46:22 PM
So will this uptrend last or crash?

Bought in around 0.0015

If you don't give a rat's ass about Monero, I would do the following:

- Put a stop loss at 0.00165, which is at the low after the first attempt at 0.00194 (high was 0.00192192).
- If it hits, you make 10%
- If it doesn't, you are rich. Sell when you need a house or something.

If you believe in Monero, the advice is:

- Buy from the stop-lossed sucker if ever it hits 0.00165
- If it doesn't, you are rich. Sell when you need a house or something.

Always happy to help Smiley
legendary
Activity: 1092
Merit: 1000
March 10, 2015, 12:45:33 PM
So will this uptrend last or crash?

Bought in around 0.0015

The trend will most likely last but there might be points when the trend is not this aggressive.
sr. member
Activity: 289
Merit: 250
March 10, 2015, 12:34:53 PM
So will this uptrend last or crash?

Bought in around 0.0015
legendary
Activity: 1092
Merit: 1000
March 10, 2015, 12:26:27 PM
I finally decided to buy at 0.00265, just hope that I won't regret it  Roll Eyes
You're actually late in buying i bought a few at 0.001. Tongue
Anyway it's a huge and long term project so anything under 0.004 is a good buy in my opinion. Wink

Investing a reasonable amount at 0.00265 can make you rich but buying a few at 0.001 will certainly not make you rich.

From the perspective of a larger holder, it was extremely difficult to buy any larger quantity at 0.001.

If you are buying, you do well if you can buy 10% of the daily volume, on average 1% above the vwap = daily average (try it, it is not easy).

The all-time-low vwap is 0.00099, so if you picked that day (out of the 300) with your timing skills, and accumulated 10% of all the volume that day, you would end up with a position of 8,000 XMR at 0.00100.

I agree, that is commendable.  Wink






My lowest buy was somewhere 0.00095 range... Did not manage to get many coins though (if I remember correct I got a few dozens only sub 0.001 levels).
donator
Activity: 1722
Merit: 1036
March 10, 2015, 12:19:50 PM
I finally decided to buy at 0.00265, just hope that I won't regret it  Roll Eyes
You're actually late in buying i bought a few at 0.001. Tongue
Anyway it's a huge and long term project so anything under 0.004 is a good buy in my opinion. Wink

Investing a reasonable amount at 0.00265 can make you rich but buying a few at 0.001 will certainly not make you rich.

From the perspective of a larger holder, it was extremely difficult to buy any larger quantity at 0.001.

If you are buying, you do well if you can buy 10% of the daily volume, on average 1% above the vwap = daily average (try it, it is not easy).

The all-time-low vwap is 0.00099, so if you picked that day (out of the 300) with your timing skills, and accumulated 10% of all the volume that day, you would end up with a position of 8,000 XMR at 0.00100.

I agree, that is commendable.  Wink




full member
Activity: 211
Merit: 100
March 10, 2015, 12:12:44 PM
I finally decided to buy at 0.00265, just hope that I won't regret it  Roll Eyes
You're actually late in buying i bought a few at 0.001. Tongue
Anyway it's a huge and long term project so anything under 0.004 is a good buy in my opinion. Wink

Investing a reasonable amount at 0.00265 can make you rich but buying a few at 0.001 will certainly not make you rich.
legendary
Activity: 1260
Merit: 1008
March 10, 2015, 12:12:18 PM
observation / context:

current 24 hours volume: 291595 XMR

Whats the emission right now? Lets just call it 15k a day.

So about 20 days worth of coin has been exchanged in the past 24 hours. If we make the crazy assumption that the sell wall disappears - that is, nobody is willing to part with their coin at any price, and the bids keep on creeping up, in approximately 20 days their would be enough newly mined coin to be sold and move the market ...


and 3 days since my pool found a block!!!!

legendary
Activity: 1232
Merit: 1011
Monero Evangelist
March 10, 2015, 12:06:18 PM
it looks like darkcoin will be rebranded to dash  Grin

sometimes things come better as expected - the only real advantage darkcoin had over monero was that it was here earlier. with the rebranding they even manage to destroy this advantage Smiley
This is great. The first core member (vertoe) already left.

From my POV Dark only real advantage over Monero was/is, that is was RPC-compatible with Bitcoin from the Bitcoin. (Obvious at it was based on the same codebase.)
legendary
Activity: 1288
Merit: 1012
March 10, 2015, 11:50:58 AM
I finally decided to buy at 0.00265, just hope that I won't regret it  Roll Eyes
You're actually late in buying i bought a few at 0.001. Tongue
Anyways It's a huge and long term project so anything under 0.004 is a good buy in my opinion. Wink
legendary
Activity: 2646
Merit: 2842
Shitcoin Minimalist
March 10, 2015, 11:36:58 AM
It seems reasonably safe to get in under .003 for now.

The most startling thing I'm seeing is the lack of sell orders. There are a lot more HODLers than I would've thought.
hero member
Activity: 876
Merit: 568
( ͡⊙ ͜ʖ ͡⊙)
March 10, 2015, 11:30:07 AM
I finally decided to buy at 0.00265, just hope that I won't regret it  Roll Eyes
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
March 10, 2015, 11:22:10 AM
Congratulations to everyone who is still on the train.
I am on the train, for the first motherfucking time I am on the right train. YEAH!!!
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
March 10, 2015, 11:20:54 AM
This is one of the biggest days I can remember on Polo.
750+ BTC buy orders
620+ BTC Vol
+50 %


last summer there were days with more than 1k volume if I remember correctly

Of course figuring for price the XMR side of the volume might be at an all time high.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
March 10, 2015, 11:18:50 AM

LOL. Also the wall pic is quite impressive. Lack of sellers is starting to hurt the rise...  Cool

So, obviously you need not answer this...  But how much of this recent action is connected to you and your investors percentage wise would you say?
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