Author

Topic: [XMR] Monero Speculation - page 2042. (Read 3313076 times)

legendary
Activity: 1092
Merit: 1000
March 04, 2015, 05:37:18 PM
It looks like it wants to go higher now..
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 04, 2015, 04:33:06 PM
The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words Wink )

I don't understand this at all.  Huh

http://www.candlestickforum.com/PPF/Parameters/16_474_/candlestick.asp A hammer is a bullish reversal signal.

Thanks so that last dump would have made that a "Blow off day"?

If you check the daily candlestick chart from December onwards, there are 4 hammer formations (not counting today), of which:

17.Dec
21.Jan
18.Feb - all started a major uptrend

15.Jan was a false/premature signal

Quite impressive huh, 5% of days featuring the signal and capturing 100% of the major uptrends with only 25% false positives...


Nice, that's good news. Smiley Lets hope this isn't one of the 25%. What percentage of those F/P's were downtrends?





donator
Activity: 1722
Merit: 1036
March 04, 2015, 04:17:41 PM
The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words Wink )

I don't understand this at all.  Huh

http://www.candlestickforum.com/PPF/Parameters/16_474_/candlestick.asp A hammer is a bullish reversal signal.

Thanks so that last dump would have made that a "Blow off day"?

If you check the daily candlestick chart from December onwards, there are 4 hammer formations (not counting today), of which:

17.Dec
21.Jan
18.Feb - all started a major uptrend

15.Jan was a false/premature signal

Quite impressive huh, 5% of days featuring the signal and capturing 100% of the major uptrends with only 25% false positives...




legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 04, 2015, 04:07:53 PM
The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words Wink )

I don't understand this at all.  Huh

http://www.candlestickforum.com/PPF/Parameters/16_474_/candlestick.asp A hammer is a bullish reversal signal.

Thanks so that last dump would have made that a "Blow off day"?
legendary
Activity: 2282
Merit: 1050
Monero Core Team
March 04, 2015, 04:01:56 PM
The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words Wink )

I don't understand this at all.  Huh

http://www.candlestickforum.com/PPF/Parameters/16_474_/candlestick.asp A hammer is a bullish reversal signal.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 04, 2015, 03:51:17 PM
The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words Wink )

I don't understand this at all.  Huh
legendary
Activity: 1092
Merit: 1000
March 04, 2015, 03:40:35 PM
I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.

Transactional demand is a very long term play, but also has a huge payoff that can far exceed pumps. So it is both worthwhile and not worthwhile to pursue it depending on your time horizon and price target. Bitcoin isn't even close to there yet.

I do not say that coin should not be used as a transactional coin. It is kind of cool addition that I am able to dump some of my coins to merchants, not only to try to sell them on exchanges (like bitcoin).
If the transactional use is something we want to bring value to coin is, then there need to be some incentive for merchants to hold the coin bags at least some time. The incentive might be the fact that the price of a coin is going up annually at some rate.
However as you said, it will take time to see what will be the actual rate the coin increases. Theoretically it should be the real growth rate of the economy (around 2 % annually) minus inflation of the coin.
legendary
Activity: 1092
Merit: 1000
March 04, 2015, 03:26:48 PM
What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4


certainly xmr is not pump, looks dump to me.  Smiley

Then you need to open your eyes my friend it is on lift off back to the moooon glad i am aboard  Cool

I certainly hope this is the moon ride will take us permanently around 0.005... My average price is around 0.0035. And no, I have no intention to sell even 1 xmr at 0.005 but I simply hope to get on the water.  Wink
I guess the developers also bought in somewhere there, too.
hero member
Activity: 672
Merit: 500
March 04, 2015, 03:24:48 PM
Will XMR "Explode" in 2015? What´s your opinion?



More like reach back its top. 5$
full member
Activity: 210
Merit: 108
March 04, 2015, 03:23:13 PM
Will XMR "Explode" in 2015? What´s your opinion?

donator
Activity: 1722
Merit: 1036
March 04, 2015, 03:12:39 PM
certainly xmr is not pump, looks dump to me.  Smiley

No matter how much you post you won't get Moneroj at the price you are hoping for Smiley

The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words Wink )
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 04, 2015, 03:04:37 PM
I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.

Transactional demand is a very long term play, but also has a huge payoff that can far exceed pumps. So it is both worthwhile and not worthwhile to pursue it depending on your time horizon and price target. Bitcoin isn't even close to there yet.

Like NXt, ripple and such?
legendary
Activity: 2968
Merit: 1198
March 04, 2015, 02:59:45 PM
I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.

Transactional demand is a very long term play, but also has a huge payoff that can far exceed pumps. So it is both worthwhile and not worthwhile to pursue it depending on your time horizon and price target. Bitcoin isn't even close to there yet.
legendary
Activity: 1624
Merit: 1008
March 04, 2015, 02:39:21 PM
certainly xmr is not pump, looks dump to me.  Smiley

No matter how much you post you won't get Moneroj at the price you are hoping for Smiley
3x2
legendary
Activity: 1526
Merit: 1004
March 04, 2015, 02:18:33 PM
What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4


certainly xmr is not pump, looks dump to me.  Smiley
Its not easy for max keiser and his buddies to pump xmr  Roll Eyes so you wont see anything from him regarding monero.
newbie
Activity: 7
Merit: 0
March 04, 2015, 01:25:19 PM
What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4


certainly xmr is not pump, looks dump to me.  Smiley

Then you need to open your eyes my friend it is on lift off back to the moooon glad i am aboard  Cool
legendary
Activity: 1092
Merit: 1000
March 04, 2015, 01:23:54 PM
What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4


certainly xmr is not pump, looks dump to me.  Smiley
legendary
Activity: 1092
Merit: 1000
March 04, 2015, 01:21:34 PM
I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
March 04, 2015, 01:07:20 PM
Open Question: What is the most exciting thing that might realistically happen to Monero this year?

When Bitcoin had the same market cap as Monero has now, it was perceived as a new, interesting technology by some, and the price rose by more than 100x in less than a year.

More is surely possible (see Quark or AUR for examples of dud coins that still managed nice rises).

Crypto Kingdom might go viral. Most interested players have invested $1,000 or more in their first month of play. All the currency is held up in XMR in the game cold accounts, unavailable for the market.

Something unforeseen could happen as well.

Quark and AUR were both pumped by Max Keiser:
http://www.maxkeiser.com/2014/02/auroracoin-debuts/
http://www.maxkeiser.com/2014/02/good-stuff-still-report-181-mt-gox-maxcoin-quark/

And DRK too:
http://www.maxkeiser.com/2014/05/kr606-keiser-report-bitcoins-nefarious-cousin-darkcoin/

Perhaps one day XMR will catch his eye.
legendary
Activity: 1092
Merit: 1000
March 04, 2015, 01:00:48 PM
Open Question: What is the most exciting thing that might realistically happen to Monero this year?


Being picked by Ryan the Pumper.  Grin
This could give us 700+% profits in short time. Lol.

Seriously, someone big guy wanting to corner the coin. Once the price goes up, also development will find funding quite easily.

Hope it doesn't but if this happens give us a heads up before their dump. Smiley



The effect of a pump could be also good. At least it brings a lot of fresh money to markets which might bring a lot of liquidity for days/weeks.
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