Author

Topic: [XMR] Monero Speculation - page 2056. (Read 3313076 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 26, 2015, 01:14:22 AM


I could not resist the temptation to post this vid: https://www.youtube.com/watch?v=6P2FB9Mg_YI

Apparently you have learned the trading skills from Fyrstikken's vids.  Grin
Cheesy Cheesy Cheesy Cheesy Cheesy
legendary
Activity: 1092
Merit: 1000
February 26, 2015, 12:55:48 AM
first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.

can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer

I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.

no comment needed

fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are.

a) none of them were taken out

b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid

I could not resist the temptation to post this vid: https://www.youtube.com/watch?v=6P2FB9Mg_YI

Apparently you have learned the trading skills from Fyrstikken's vids.  Grin
legendary
Activity: 1092
Merit: 1000
February 26, 2015, 12:52:16 AM
Do I smell an upcoming pump?  Shocked Grin
legendary
Activity: 1456
Merit: 1000
February 25, 2015, 09:39:04 PM
BullBear report pretty bullish on XMR too.  Things are looking good.

just today I saw somone put a 15 BTC buy wall on poloniex after saying he would... and his name was not rpietila, fact is Monero is one of the most distributed altcoins out there.

btw wall is still there Wink
legendary
Activity: 1624
Merit: 1008
February 25, 2015, 07:58:01 PM
There is now a 30k bid at a very reasonable price of 0.0014.

If it does not get hit, it is hard to deny that the uptrend has started, don't you think so?

Great coin. Nothing more than manipulating the price. So, what if you stop your pump machine for a month or two, and take back all your buy orders? What the price would be? 0.0005 or 0.0001?
Is it really interesting to invest in coin , where everything is decided by one man?

I am one man!
G2M
sr. member
Activity: 280
Merit: 250
Activity: 616
February 25, 2015, 07:55:32 PM
"Hit the sell button, that'll teach me"

So they sell.

"Didn't go as planned"

Comes up with a new plan, continues buying.

I like this guy.
legendary
Activity: 1456
Merit: 1000
February 25, 2015, 06:23:08 PM
See ya bud.  Hopefully not soon.


I've changed my mind. Now XRP + NXT )

Is that a vindication for the warnings? Tongue

I see you have a tendency for coins that are being generated out of thin air.

One more flood post, nothing more. As usual. Monero threads (or bitcointalk?) are still the same =)
See you.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
full member
Activity: 308
Merit: 100
February 25, 2015, 05:52:41 PM

I've changed my mind. Now XRP + NXT )

Is that a vindication for the warnings? Tongue

I see you have a tendency for coins that are being generated out of thin air.

One more flood post, nothing more. As usual. Monero threads (or bitcointalk?) are still the same =)
See you.
legendary
Activity: 1428
Merit: 1001
getmonero.org
February 25, 2015, 05:49:01 PM

I've changed my mind. Now XRP + NXT )

Is that a vindication for the warnings? Tongue

I see you have a tendency for coins that are being generated out of thin air.
full member
Activity: 308
Merit: 100
February 25, 2015, 05:44:20 PM
There is now a 30k bid at a very reasonable price of 0.0014.

If it does not get hit, it is hard to deny that the uptrend has started, don't you think so?

Great coin. Nothing more than manipulating the price. So, what if you stop your pump machine for a month or two, and take back all your buy orders? What the price would be? 0.0005 or 0.0001?
Is it really interesting to invest in coin , where everything is decided by one man?

Hi Bytecoin shills!

Welcome back.


I've changed my mind. Now XRP + NXT )

BTW, do you have something to answer me, or only flood?
legendary
Activity: 1428
Merit: 1001
getmonero.org
February 25, 2015, 05:44:12 PM
There is now a 30k bid at a very reasonable price of 0.0014.

If it does not get hit, it is hard to deny that the uptrend has started, don't you think so?

Great coin. Nothing more than manipulating the price. So, what if you stop your pump machine for a month or two, and take back all your buy orders? What the price would be? 0.0005 or 0.0001?
Is it really interesting to invest in coin , where everything is decided by one man?

For starters, it is better to have someone buy a coin with very big emission in order to try and manipulate it than having someone owning the coin by premining it Smiley

And then you assume that noone else is trading/holding which is largely wrong.
legendary
Activity: 2968
Merit: 1198
February 25, 2015, 05:42:26 PM
There is now a 30k bid at a very reasonable price of 0.0014.

If it does not get hit, it is hard to deny that the uptrend has started, don't you think so?

Great coin. Nothing more than manipulating the price. So, what if you stop your pump machine for a month or two, and take back all your buy orders? What the price would be? 0.0005 or 0.0001?
Is it really interesting to invest in coin , where everything is decided by one man?

Hi Bytecoin shills!

Welcome back.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
February 25, 2015, 05:42:14 PM

Eventually, as usage increases (and I think it will thanks to XMR.to), people that want to buy something privately will maybe buy 50$ worth of XMR even though their purchase only requires 40$ worth. Sure, this is one person now with 10 XMR off the markets, decreasing supply by a tiny tiny fraction, but this will add up, over time.

And further to make speculation of XMR even more difficult, is that the price of XMR doesn't matter for this use case. If I need to buy 50$ worth of XMR to make a private transaction, it doesn't matter if 50$ buys my 150 XMR or if it buys me 0.001 XMR.


When it comes to the idea of price of Monero goes up if it gets more transactional use, this is false statement.
Here is very simple reasoning: You convert 50 usd to xmr and spend them and the merchant dumps the coins back to market => the effect is more or less neutral.
If the merchant keeps the coins and do not dump them, then it is obviously very bullish especially if there are lot more merchants deciding to hodl.

Hodling is the only thing which gives a value for a coin. Without hodling the coin serves a mere token and cannot reach any significiant prices.

The latter part of your message is true - indeed it doesn't matter if you get 0.001 XMR or 150 with 50 usd.

Monero will rise in price only and only if more new people enter to the markets long time enough.

This is not exactly true because no matter how efficient the buyer and seller are in hedging their exposure to XMR there is going to be minimum holding period between the buyer and the seller. The process is is never instantaneous. It is this minimum holding period that makes the use of XMR in commerce very bullish at a fundamental level.
full member
Activity: 308
Merit: 100
February 25, 2015, 05:38:28 PM
There is now a 30k bid at a very reasonable price of 0.0014.

If it does not get hit, it is hard to deny that the uptrend has started, don't you think so?

Great coin. Nothing more than manipulating the price. So, what if you stop your pump machine for a month or two, and take back all your buy orders? What the price would be? 0.0005 or 0.0001?
Is it really interesting to invest in coin , where everything is decided by one man?
legendary
Activity: 1428
Merit: 1001
getmonero.org
February 25, 2015, 05:32:17 PM
Assuming someone really wanted to buy like 200BTC worth of XMR when the price was low, he couldnt do that without obviously pumping the price. Even more so when half the sell orders were his own.If you dont say anything people will think that, well, the time they were waiting for may be coming indeed and wont sell. They may even buy more.

So what is best to do? Tell the people that you are manipulating the price. People dislike that. They play along but stay alarmed and sell when they feel a bit scared. After all its just manipulation. So i would argue that you actually manage to buy the coins you wanted at better price by stating that you are manipulating the price.

And this way also has a plus. Your words gain more trust if you say something and that happens. You can use that in the future. Maybe really near future too.

Only thing i really dont think you are going to do is to wait 24h to buy. You actually buy the moment you said that you are going to buy.

Oh and remember, it is also buying when people (from a wannabe syndicates or not) dump on you Wink


donator
Activity: 1722
Merit: 1036
February 25, 2015, 04:50:13 PM
There is now a 30k bid at a very reasonable price of 0.0014.

If it does not get hit, it is hard to deny that the uptrend has started, don't you think so?
hero member
Activity: 658
Merit: 503
Monero Core Team
February 25, 2015, 04:44:19 PM
Half of my Monero's are for sale at $3.  Another half at $30.  The rest at $300.
I hope you don't mean all of your XMR are on an exchange.

In my view, the private ledger one would become the dominant crypto, it most resembles "e-cash", and takes into account fungibility. I suspect in the future, Bitcoins that have been involved with scams wont be taken by vendors, since it's possible for authorities to track the bitcoins via the blockchain, and most scammers mix their bitcoins(So it'd look like the vendors who accept the tainted coins are apart of the scam).
Already happened
legendary
Activity: 1092
Merit: 1000
February 25, 2015, 04:34:48 PM

Eventually, as usage increases (and I think it will thanks to XMR.to), people that want to buy something privately will maybe buy 50$ worth of XMR even though their purchase only requires 40$ worth. Sure, this is one person now with 10 XMR off the markets, decreasing supply by a tiny tiny fraction, but this will add up, over time.

And further to make speculation of XMR even more difficult, is that the price of XMR doesn't matter for this use case. If I need to buy 50$ worth of XMR to make a private transaction, it doesn't matter if 50$ buys my 150 XMR or if it buys me 0.001 XMR.


When it comes to the idea of price of Monero goes up if it gets more transactional use, this is false statement.
Here is very simple reasoning: You convert 50 usd to xmr and spend them and the merchant dumps the coins back to market => the effect is more or less neutral.
If the merchant keeps the coins and do not dump them, then it is obviously very bullish especially if there are lot more merchants deciding to hodl.

Hodling is the only thing which gives a value for a coin. Without hodling the coin serves a mere token and cannot reach any significiant prices.

The latter part of your message is true - indeed it doesn't matter if you get 0.001 XMR or 150 with 50 usd.

Monero will rise in price only and only if more new people enter to the markets long time enough.


tl;dr buy uno, amirite?

I am forbidden to comment on this.
legendary
Activity: 1092
Merit: 1000
February 25, 2015, 04:18:01 PM

Eventually, as usage increases (and I think it will thanks to XMR.to), people that want to buy something privately will maybe buy 50$ worth of XMR even though their purchase only requires 40$ worth. Sure, this is one person now with 10 XMR off the markets, decreasing supply by a tiny tiny fraction, but this will add up, over time.

And further to make speculation of XMR even more difficult, is that the price of XMR doesn't matter for this use case. If I need to buy 50$ worth of XMR to make a private transaction, it doesn't matter if 50$ buys my 150 XMR or if it buys me 0.001 XMR.


When it comes to the idea of price of Monero goes up if it gets more transactional use, this is false statement.
Here is very simple reasoning: You convert 50 usd to xmr and spend them and the merchant dumps the coins back to market => the effect is more or less neutral.
If the merchant keeps the coins and do not dump them, then it is obviously very bullish especially if there are lot more merchants deciding to hodl.

Hodling is the only thing which gives a value for a coin. Without hodling the coin serves a mere token and cannot reach any significiant prices.

The latter part of your message is true - indeed it doesn't matter if you get 0.001 XMR or 150 with 50 usd.

Monero will rise in price only and only if more new people enter to the markets long time enough.
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