Author

Topic: [XMR] Monero Speculation - page 2065. (Read 3314350 times)

legendary
Activity: 2268
Merit: 1141
February 19, 2015, 09:15:54 AM
Elliot Wave analysis of the Monero bear market since June on an log scale. I see two possibilities:

1) A failed bear market with a truncated wave V if the bulls can break out above the exponential trendline. The would lead to a very sharp move to the upside.
2) Continuation of the bear market with possibly an extended wave V if the bears can break below 0.0009. This would require relabelling the sub waves in wave V



Seems like 1) is happening currently, we are very close to breaking the downtrend trendline.
full member
Activity: 154
Merit: 100
February 19, 2015, 09:10:39 AM
is there a chance monero is going up? I'm going to sell my XMR next week if there is no sign of going up Sad

Half of the guys in the thread have the capability of moving the price 50% in either direction.

We decide if it goes up, or not. Don't be a slave to us.

If you think Monero is bad, go ahead and sell. But don't be fooled to believe there is any connection between the current price and the long-term prospects.

Low price just means whales afraid to get beached ;P
donator
Activity: 1722
Merit: 1036
February 19, 2015, 07:29:52 AM
is there a chance monero is going up? I'm going to sell my XMR next week if there is no sign of going up Sad

Half of the guys in the thread have the capability of moving the price 50% in either direction.

We decide if it goes up, or not. Don't be a slave to us.

If you think Monero is bad, go ahead and sell. But don't be fooled to believe there is any connection between the current price and the long-term prospects.
hero member
Activity: 602
Merit: 500
February 19, 2015, 07:19:02 AM
is there a chance monero is going up? I'm going to sell my XMR next week if there is no sign of going up Sad
hero member
Activity: 658
Merit: 503
Monero Core Team
February 19, 2015, 02:28:16 AM
This would not work because of timing analysis on the XBT for starters. In addition it creates a significant regulatory risk. The way to benefit from the privacy of the XMR is to hold the XMR for a period of time. For example a person that is paid in XBT would use XBT to purchase XMR, transfer the XMR to a second wallet to deal with an exchange not using a high enough mixin, wait a few weeks, and then spend an uncorrelated amount of XBT via XMR.TO. In short without a market exposure to XMR over a period of time I doubt one can benefit from the privacy of XMR
Could you extend this into an article for the MEW website? Or an entry in the wiki, maybe in the advocacy section (although not the ideal place)?
legendary
Activity: 2282
Merit: 1050
Monero Core Team
February 19, 2015, 02:09:08 AM
my guess is the xmr.to definitely helped.

yeah!
I'll recommand that service for anyone who wants to pay anonymously. It's a very usefull service

Using that service means more XMR will be sold (adding liquidity which is a positive thing)
therefore I call on current (bag-)hoders to just buy XMR when you want to use xmr.to Wink
(keep your wallets cold!)

This service can drive demand up and add new people to the community who will start to take some fresh monero off the market


Would it not be possible for them to also set it up to accept bitcoins, convert those to moneroj, and then back to bitcoins to make your payment?

This would not work because of timing analysis on the XBT for starters. In addition it creates a significant regulatory risk. The way to benefit from the privacy of the XMR is to hold the XMR for a period of time. For example a person that is paid in XBT would use XBT to purchase XMR, transfer the XMR to a second wallet to deal with an exchange not using a high enough mixin, wait a few weeks, and then spend an uncorrelated amount of XBT via XMR.TO. In short without a market exposure to XMR over a period of time I doubt one can benefit from the privacy of XMR
legendary
Activity: 1762
Merit: 1011
February 18, 2015, 10:13:25 PM
my guess is the xmr.to definitely helped.

yeah!
I'll recommand that service for anyone who wants to pay anonymously. It's a very usefull service

Using that service means more XMR will be sold (adding liquidity which is a positive thing)
therefore I call on current (bag-)hoders to just buy XMR when you want to use xmr.to Wink
(keep your wallets cold!)

This service can drive demand up and add new people to the community who will start to take some fresh monero off the market


Would it not be possible for them to also set it up to accept bitcoins, convert those to moneroj, and then back to bitcoins to make your payment?
legendary
Activity: 1624
Merit: 1008
February 18, 2015, 09:10:20 PM
It's because I was thinking of buying more and just this minute received more btc in my polo account.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
February 18, 2015, 08:59:58 PM
Quote
14.9.2015   9 357 075   12 500


Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper  Grin

Something is causing an over 10% increase on Polo right now.

I like green dildo's  Grin Grin Grin
(and you can quote me on that)
snp
short term downtrend break out btw
long term is broken at 0.00126. We need to go above 0.00131 to get a confirmation, above 0.0014 before a nice rally can start

my guess is the xmr.to definitely helped.

yeah!
I'll recommand that service for anyone who wants to pay anonymously. It's a very usefull service

Using that service means more XMR will be sold (adding liquidity which is a positive thing)
therefore I call on current (bag-)hoders to just buy XMR when you want to use xmr.to Wink
(keep your wallets cold!)

This service can drive demand up and add new people to the community who will start to take some fresh monero off the market
legendary
Activity: 1260
Merit: 1008
February 18, 2015, 08:57:00 PM
Quote
14.9.2015   9 357 075   12 500


Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper  Grin

Something is causing an over 10% increase on Polo right now.

I like green dildo's  Grin Grin Grin
(and you can quote me on that)
snp
short term downtrend break out btw
long term is broken at 0.00125. We need to go above 0.00132 to get a confirmation, above 0.0014 before a nice rally can start

my guess is the xmr.to definitely helped.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
February 18, 2015, 08:53:37 PM
Quote
14.9.2015   9 357 075   12 500


Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper  Grin

Something is causing an over 10% increase on Polo right now.

I like green dildo's  Grin Grin Grin
(and you can quote me on that)



short term downtrend break out btw
long term is broken at 0.00126. We need to go above 0.00131 to get a confirmation, above 0.0014 before a nice rally can start
legendary
Activity: 1267
Merit: 1000
February 18, 2015, 08:49:59 PM
Quote
14.9.2015   9 357 075   12 500


Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper  Grin

Something is causing an over 10% increase on Polo right now.
legendary
Activity: 1456
Merit: 1000
February 18, 2015, 06:07:23 PM
I cant see how that will have an effect.  There is no reward halving in Monero as you said, emission tapers off gradually over time. Reward is decreased over and over every day.

Quote
14.9.2015   9 357 075   12 500


Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper  Grin

actually, it's a few weeks earlier:

Quote
3.9.2015   9 218 626   12 690

but certainly, emission halving is big Smiley 





Emission halving is significant because of its psychological value, given that many XMR traders have an extensive experience with XBT trading. There is however in principle nothing special here because of the continuous emission curve. It is not as if the XMR emission curve is some propriety secret.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
February 18, 2015, 05:08:15 PM
Quote
14.9.2015   9 357 075   12 500


Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper  Grin

actually, it's a few weeks earlier:

Quote
3.9.2015   9 218 626   12 690

but certainly, emission halving is big Smiley 





Emission halving is significant because of its psychological value, given that many XMR traders have an extensive experience with XBT trading. There is however in principle nothing special here because of the continuous emission curve. It is not as if the XMR emission curve is some propriety secret.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
February 18, 2015, 02:49:25 PM
Quote
14.9.2015   9 357 075   12 500


Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper  Grin

actually, it's a few weeks earlier:

Quote
3.9.2015   9 218 626   12 690

but certainly, emission halving is big Smiley



legendary
Activity: 2268
Merit: 1141
February 18, 2015, 12:52:24 PM
legendary
Activity: 1449
Merit: 1001
February 18, 2015, 04:27:58 AM
Are we going to test 0.0009 soon? Great buying opportunity, it's just so much trouble to take coins out of cold storage.

"Great buying opportunity" should become the main slogan of XMR. If've been hearing this phrase all the time  )
It's basically the slogan of all coins.

A few ( very few ) will turn out to be correct. 
full member
Activity: 308
Merit: 100
February 18, 2015, 03:39:33 AM
Are we going to test 0.0009 soon? Great buying opportunity, it's just so much trouble to take coins out of cold storage.

"Great buying opportunity" should become the main slogan of XMR. If've been hearing this phrase all the time  )
legendary
Activity: 1474
Merit: 1087
February 18, 2015, 03:11:13 AM
Are we going to test 0.0009 soon? Great buying opportunity, it's just so much trouble to take coins out of cold storage.
full member
Activity: 196
Merit: 100
February 18, 2015, 12:39:50 AM
Belif there is demand for an anonymous currency. DRK was in a bull for a bit and it has relaxed now https://www.coingecko.com/en/price_charts/darkcoin/btc
Monero will come soon https://www.coingecko.com/en/price_charts/monero/btc
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