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
doesnt change the fact that you are a lier.
so no thanks: not interested in you "syndicate"
How? Nobody filled .00161 , that wasn't my order, I sold deep into the bids, you probably got a partial fill from me.
I judged the strength of Risto's pump, set a target, saw that there wasn't any strength. Some people use charts to see their arbitrary breakout patterns, I look specifically at the orders. Anybody can print a higher price on a chart, take a screenshot and say look my technical analysis is coming true. But to judge continuation in the trend you have to see how the orders are acting.
The missive had nothing to help with the rally or with Monero's potentially new found attention, and I decided that there isn't a reason holding this right now. When Risto disappear's I can't sell.
If someone did fill that order at .00161 I would have still filled the order at .0017 and kept the rally going. But it fizzled because it was bullshit, just Risto
so ultimately, my group is getting better returns in other assets in more established markets (not crypto!). Monero is still on the radar but it turns out that we can unlink our transactions whenever we want without needing to hold thousands of monero in the meantime. When we want to do that, we'll pick up some more Monero , no matter where it is in development or exchange rate.