[XMR] Monero Speculation - page 2036.

farfiman

legendary

Activity: 1449

Merit: 1001

Quote from: dreamspark on March 07, 2015, 03:09:16 PM

Quote from: farfiman on March 07, 2015, 03:08:25 PM

Quote from: dreamspark on March 07, 2015, 03:05:19 PM

Quote from: farfiman on March 07, 2015, 02:49:15 PM

Quote from: dreamspark on March 07, 2015, 02:42:58 PM

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

Xmr is 50% above 1 month ago and about 10% above last week. Stone?

When we dropped from the ~0.005 area was when he said we would never see below 0.004 again went up a bit above that realised that it was going down, stopped buying then ensued the drop 80% to our lows around 0.001 and below. By all means buy it up and prove me wrong. I'd quite like that...

WHEN it falls like a stone then feel free to say so. Currently that is not the case.

What I said was phrased as a question. Speculating on whether he stops buying now which I think he has and we drop like a stone again.
Its called a speculation thread not a confirmation thread.

Saw no question mark. If that was the intention then you may be right.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: farfiman on March 07, 2015, 03:08:25 PM

Quote from: dreamspark on March 07, 2015, 03:05:19 PM

Quote from: farfiman on March 07, 2015, 02:49:15 PM

Quote from: dreamspark on March 07, 2015, 02:42:58 PM

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

Xmr is 50% above 1 month ago and about 10% above last week. Stone?

When we dropped from the ~0.005 area was when he said we would never see below 0.004 again went up a bit above that realised that it was going down, stopped buying then ensued the drop 80% to our lows around 0.001 and below. By all means buy it up and prove me wrong. I'd quite like that...

WHEN it falls like a stone then feel free to say so. Currently that is not the case.

What I said was phrased as a question. Speculating on whether he stops buying now which I think he has and we drop like a stone again.
Its called a speculation thread not a confirmation thread.

farfiman

legendary

Activity: 1449

Merit: 1001

Quote from: dreamspark on March 07, 2015, 03:05:19 PM

Quote from: farfiman on March 07, 2015, 02:49:15 PM

Quote from: dreamspark on March 07, 2015, 02:42:58 PM

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

Xmr is 50% above 1 month ago and about 10% above last week. Stone?

When we dropped from the ~0.005 area was when he said we would never see below 0.004 again went up a bit above that realised that it was going down, stopped buying then ensued the drop 80% to our lows around 0.001 and below. By all means buy it up and prove me wrong. I'd quite like that...

WHEN it falls like a stone then feel free to say so. Currently that is not the case.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: farfiman on March 07, 2015, 02:49:15 PM

Quote from: dreamspark on March 07, 2015, 02:42:58 PM

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

Xmr is 50% above 1 month ago and about 10% above last week. Stone?

And ~65% below where he stopped buying last time.

When we dropped from the ~0.005 area was when he said we would never see below 0.004 again went up a bit above that realised that it was going down, stopped buying then ensued the drop ~80% to our lows around 0.001 and below. By all means buy it up and prove me wrong. I'd quite like that...

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: dreamspark on March 07, 2015, 02:42:58 PM

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

That's the problem, there is a lack of buying other than Risto and his friends via him.
The adaption needs to go further... I think creating cashflow assets for Monero is something that attracts certain type of people who wish to quit working and have passive income.
That's one way there is a good chance to get at least some adaption. This could be marketed to ordinary investors from business forums.
This type of thing has absolutely huge potential, it might bring even 1 billion usd money into Monero.

farfiman

legendary

Activity: 1449

Merit: 1001

Quote from: dreamspark on March 07, 2015, 02:42:58 PM

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

Xmr is 50% above 1 month ago and about 10% above last week. Stone?

dreamspark

hero member

Activity: 798

Merit: 1000

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: TrueCryptonaire on March 07, 2015, 01:41:59 PM

Monero needs to find more buyers.
Otherwise after Risto's friends have their positions, there need to be more strong hands holding the coins.
Some kind of new adoption is needed, too.
Perhaps a few merry news on Coindesk will bring more people into Monerosphere.

apparently aminorex is gonna go present to some investor types (main thread) and is lookin for a presentation package.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: TrueCryptonaire on March 07, 2015, 01:41:59 PM

Monero needs to find more buyers.
Otherwise after Risto's friends have their positions, there need to be more strong hands holding the coins.
Some kind of new adoption is needed, too.
Perhaps a few merry news on Coindesk will bring more people into Monerosphere.

Like I told, the adoption is expected to be exponential, but the base level is very small, just "me and my friends".

If we can't make the transition to higher adoption in 1-2 months, even the current price is unsustainable. I still don't regret buying, because everyone in my circles is in for the long game, but if the downtrend resumes, the newcomers will get to buy cheaper.

That is the nature of speculation.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Monero needs to find more buyers.
Otherwise after Risto's friends have their positions, there need to be more strong hands holding the coins.
Some kind of new adoption is needed, too.
Perhaps a few merry news on Coindesk will bring more people into Monerosphere.

opennux

full member

Activity: 231

Merit: 100

Quote from: dreamspark on March 07, 2015, 09:19:36 AM

Very interested in what will happen in the next couple of days. I still think we need to go down as I said in the trollbox yesterday but the fact that people are saying they want it to go down just means we're looking to buy and are in fact more likely to go up. It feels toppy but only because we're at the December high. If we push pass this in the next couple of days it could really rip upwards. Just can't decide whether to do it or not.

But wait.. What if they are saying they want it to go down, so people will think they're looking to buy, but really it's a a double game.. agh folly.. Cheesy

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Quote from: dreamspark on March 07, 2015, 09:19:36 AM

Very interested in what will happen in the next couple of days. I still think we need to go down as I said in the trollbox yesterday but the fact that people are saying they want it to go down just means we're looking to buy and are in fact more likely to go up. It feels toppy but only because we're at the December high. If we push pass this in the next couple of days it could really rip upwards. Just can't decide whether to do it or not.

16000+ XMR is mined in 24 hours. And it's still up big since yesterday. XMR is looking strong. The "more bitcoin than bitcoin" cryptonote thread is giving XMR some visibility. I bet that a few highly visible posts on reddit and coindesk would bring in some new money as people begin to recognize XMR's (coming) superiority. And then it will rip. The December high is only important if we continue this incestuous trading, passing XMR back and forth between a few dozen significant players. If new money enters, it won't matter at all. It's not like there's some giant wall at .0019x.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: dreamspark on March 05, 2015, 12:54:55 PM

Quote from: Hueristic on March 05, 2015, 11:49:16 AM

Quote from: dreamspark on March 05, 2015, 10:52:44 AM

Quote from: oblox on March 05, 2015, 10:30:16 AM

Quote from: dreamspark on March 05, 2015, 10:08:06 AM

Quote from: Hueristic on March 05, 2015, 10:02:03 AM

Quote from: dreamspark on March 05, 2015, 09:07:03 AM

Quote from: darlidada on March 04, 2015, 07:56:13 PM

this thread need some dreamspark serious trading input asap. i'm lost.

If your lost, don't trade. What happens now is anyones guess. The books are super stacked. I've bought back a fair chunk of my trading stash to see what happens next. Even if we go up from here I'm still not that confident it goes much higher than previous short term high of 0.00175.

0.00199

Is that your estimate on how high? Or are you trying to tell me that 0.00175 isnt the previous short term high? (If its the latter it is. Previous high of 0.019x was three months ago. Thats not short term)

Time frames are all relative. IMHO, 3 months is still short-term in nature. I've always looked at in sub-3, short, 3-12 interm, >12 long. Granted, one could also argue accelerated time horizons given the volatility and infancy of crypto.

Course they are but trying to correct me when my time frame for before xmas is clearly medium term is just obtuse. Over 3 months just isn't short term in crypto and particularly alts.

So disagreeing is correcting now? Lets see who is correct.

Jesus whats your problem. If I say I don't think it will break the short term high of 0.00175 clearly the time frame I'm talking about doesn't include before Christmas. Arguing what constitutes short term is just arguing semantics, not price action. Just because you think short term includes before Christmas has no bearing on the point I'm making. Talk about trying to argue for arguments sake. I'm not going to argue with you about what constitutes short and medium and long term, they're opinions.

I'd say I was a little closer. Tongue

https://bitcoinwisdom.com/markets/poloniex/xmrbtc

dreamspark

hero member

Activity: 798

Merit: 1000

Very interested in what will happen in the next couple of days. I still think we need to go down as I said in the trollbox yesterday but the fact that people are saying they want it to go down just means we're looking to buy and are in fact more likely to go up. It feels toppy but only because we're at the December high. If we push pass this in the next couple of days it could really rip upwards. Just can't decide whether to do it or not.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: TrueCryptonaire on March 07, 2015, 03:57:31 AM

Obviously they can tell you if they are going to buy them. However if they are at least a little smart they wouldn't tell unless they do not count on the counter-effect: Everybody believes they have their own self-interest and therefore are not buying but selling instead it could give them a nice entrance price.

That is my strategy at least

So far it has lead to a significantly higher average buy price than what it was before the announcement. On the other hand, I don't really believe the volume would have been this high without (making it not possible to buy much at all).

In the end, everyone can decide for himself and the market is a collective of very many players and their strategies, some are after USD gains, some BTC, the others want and count in XMR, the sizes vary from 2 to 6 digits, and obviously the timeframes as well.

Options and shorting would spice it up a little...

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: Johnny Mnemonic on March 06, 2015, 09:36:16 PM

Quote from: TrueCryptonaire on March 06, 2015, 07:45:42 PM

Quote from: darlidada on March 06, 2015, 06:17:24 PM

BCX on polo says 500 BTC will be poured in the next 24h hour. He said yesterday there will be 600 in the next 48hours. User "TomCruise" says a lot of things about btc being poured in xmr in the coming hours.

http://www.polonibox.com/?username=BCX
http://www.polonibox.com/?username=tomcruise

WTF do they know that we dont?

They know nothing.. Probably tricking you to give them buy support?

Actually, they know quite a bit, especially if said btc is coming directly from them. I'm sure they also know whether or not they're lying to you

Obviously, you shouldn't put much weight into anything being said in a trollbox.

Obviously they can tell you if they are going to buy them. However if they are at least a little smart they wouldn't tell unless they do not count on the counter-effect: Everybody believes they have their own self-interest and therefore are not buying but selling instead it could give them a nice entrance price.

smooth

legendary

Activity: 2968

Merit: 1198

Remember substance in the posts please. "Stupid bagholder blah blah blah" is not. Explain why at least.

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Peaks and troughs. It can't go up in a straight line. Going straight from .00166 to .002 in one day would've left the market feeling very toppy and in a very weak position. Attacking .002 from .00175 would be far better for the bulls.

iourzzz

member

Activity: 94

Merit: 10

Quote from: nioc on March 05, 2015, 09:58:07 PM

Quote from: explorer on March 05, 2015, 09:37:05 PM

Quote from: lyth0s on March 05, 2015, 08:45:09 PM

Where are you trading at and with what app? I'm using Poloniex for buying my Monero, but the UI is soooo slow and nearly broken on my android.

Polo crashes my phone, and my mediocre laptop barely functions. Crazy resource hog. Since I don't trade much, I can put up with it to buy my moneroj. It sure would be nice to have a 'light' version with fewer features though.

I also don't trade much and would not attempt it at Polo on my new android phone. I find it almost impossible to scroll through the order book. I did cancel an order once.

To check the price I use bitcoinwisdom, no lag at all. One stop shopping Cheesy

There is a great free Android app, zTrader:
https://play.google.com/store/apps/details?id=co.bandicoot.ztrader

You can add Polo API keys there and trade Monero or anything else. It works flawlessly.

Johnny Mnemonic

hero member

Activity: 795

Merit: 514

Quote from: TrueCryptonaire on March 06, 2015, 07:45:42 PM

Quote from: darlidada on March 06, 2015, 06:17:24 PM

BCX on polo says 500 BTC will be poured in the next 24h hour. He said yesterday there will be 600 in the next 48hours. User "TomCruise" says a lot of things about btc being poured in xmr in the coming hours.

http://www.polonibox.com/?username=BCX
http://www.polonibox.com/?username=tomcruise

WTF do they know that we dont?

They know nothing.. Probably tricking you to give them buy support?

Actually, they know quite a bit, especially if said btc is coming directly from them. I'm sure they also know whether or not they're lying to you

Obviously, you shouldn't put much weight into anything being said in a trollbox.

Topic: [XMR] Monero Speculation - page 2036. (Read 3313076 times)