[XMR] Monero Speculation - page 2165.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: aminorex on September 10, 2014, 07:40:56 PM

Quote from: giveBTCpls on September 10, 2014, 07:06:10 PM

When can we spect ATH and maintain above ATH with a certain stability? im the unlucky retard that had to buy some at 0.0074.

I think that before the new year you will be the lucky genius who got to buy some at 0.0074. Just don't sell unless you really need the liquidity (and you're running low on kidneys). This one is a keeper.

How much XMR would a kidney cost?
According to this website a buyer needs to pay around 76182 XMR (current exchange rate). Wink

back to speculation...

I think the chances are very low taht we go again below 0.004. the volume and walls are high!

aminorex

legendary

Activity: 1596

Merit: 1029

Sine secretum non libertas

Quote from: giveBTCpls on September 10, 2014, 07:06:10 PM

When can we spect ATH and maintain above ATH with a certain stability? im the unlucky retard that had to buy some at 0.0074.

I think that before the new year you will be the lucky genius who got to buy some at 0.0074. Just don't sell unless you really need the liquidity (and you're running low on kidneys). This one is a keeper.

aminorex

legendary

Activity: 1596

Merit: 1029

Sine secretum non libertas

Quote from: blaaaaacksuit on September 10, 2014, 06:52:30 PM

So any ideas what all the buy walling was about this morning? Seems to be dissipating and the price didn't really move a whole lot.

Some supply came out to sop up the liquidity. More coins in stronger hands, so it's good. Walls competed for coins until everyone had what they wanted at the clearing prices, so things settled down.

As RP observed elsewhere, a massive wedge is closing on this price. It's a volatility squeeze.

I don't see how it can fail to end in a significant new level being discovered soon. I haven't used any estimators to quantify, but we've got .6% daily supply restriction accumulating, and I don't think demand is abating in the least, so I'm a bull, as usual.

giveBTCpls

sr. member

Activity: 322

Merit: 250

When can we spect ATH and maintain above ATH with a certain stability? im the unlucky retard that had to buy some at 0.0074.

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

So any ideas what all the buy walling was about this morning? Seems to be dissipating and the price didn't really move a whole lot.

oda.krell

legendary

Activity: 1470

Merit: 1007

Huh. Didn't check the price in a few days, and look at that. Either we have a new investor, or someone has around 30% more coins now than he did before.

troleybüs

legendary

Activity: 1424

Merit: 1001

Breaking the trend is marvellous. I want to see more buy walls, I will buy more when I get my BTC from Turkish exchange site.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: nioc on September 10, 2014, 01:03:22 PM

somebody dumped 9400 XMR a short while ago @425

Total dumps that minute was around 13.5k. Take a look at the 1 minute chart and you'll notice.

We broke out of the downtrend btw with considerable volume! Time to buy guys Cool

rpietila

donator

Activity: 1722

Merit: 1036

Yeah now there's a break because 425 wall was attacked by a big salvo. The rest (that in my calc belonged to 3 if not 4 traders) was quickly pulled. Now bid side is about 413, no meaningful ask until 450, suspected to be fake.

One trader claims to have bought 15k today. Warz who started it all has not commented.

There's a growing wall in 400 so truce might not last long.

nioc

legendary

Activity: 1624

Merit: 1008

somebody dumped 9400 XMR a short while ago @425

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: nakaone on September 10, 2014, 12:29:15 PM

why are you doing that?

Warz is responsible for the buy wall, I think.

nakaone

hero member

Activity: 742

Merit: 500

why are you doing that?

rpietila

donator

Activity: 1722

Merit: 1036

The action has been going on for 2,5 hours.

- 39,000 XMR have been traded
- Price from 380k to 434k
- Many players with big stacks of BTC making buy walls
- No any dumps over 5,000 XMR during the whole exercise
- Action continues with BTC187 bid wall standing at 425k.

Febo

legendary

Activity: 2730

Merit: 1288

Whales are playing on Polo. At some point made 250 BTC buying wall at highest price to buy. Lot of chances to dump for those that have to. And lot of chances could trigger panic buying. Like this will go to 0.0045 or even 0.005 real fast.

vuduchyld

sr. member

Activity: 364

Merit: 250

Still above my average, although I brought it up a little today. A good day.

othe

hero member

Activity: 532

Merit: 500

Then you buy more to lower your average buy in price.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: vuduchyld on September 09, 2014, 01:37:19 PM

Nom mom mom...

The price looks deliciously tasty for accumulation. I might have to thank the forum trolls for this opportunity! Some are likely true playa hataz, which is their prerogative. But they are doing me a favor! Thanks guys!!! You've created an opportunity!

If the price drop between your purchase price and stay there for some time, you will have different feeling.

vuduchyld

sr. member

Activity: 364

Merit: 250

Nom mom mom...

The price looks deliciously tasty for accumulation. I might have to thank the forum trolls for this opportunity! Some are likely true playa hataz, which is their prerogative. But they are doing me a favor! Thanks guys!!! You've created an opportunity!

MoneroMooo

legendary

Activity: 1276

Merit: 1001

I've been idly wondering the last week or so what are the dynamics between, eg, Monero, and Bitcoin price. After the Monero specific speculation, what additional effect on Monero price is Bitcoin price expected to have ? In other words, does a decrease in Bitcoin price tend to push Monero price higher (if the price of Monero tends to be viewed in fiat terms), have close to no effect (if the price of Monero tends to be viewed in Bitcoins), or push it lower ? And conversely when the price of Bitcoin goes up.

I'd guess a first psychological reason of the main Monero markets being priced in bitcoin would mean no change, but the fiat price is a major consideration when a currency can't be universally used as such, and I'm curious whether experience with other strong alt coins has anything to say here, and whether Monero is expected to match such experience.

darlidada

hero member

Activity: 723

Merit: 503

Quote from: vuduchyld on September 07, 2014, 08:55:34 PM

Quote from: saddambitcoin on September 07, 2014, 12:46:17 PM

I find it interesting that the total amount of XMR for sale on Polo remains around 150k which is quite low in a downtrend.

Seems to indicate that the new holders of the ~50,000 XMR unloaded by windjc intend not to sell at any price near these levels, but this is just wild speculation.

edit: i am not sure if windjc meant 6 figures of XMR or 6 figures in fiat...

Did I miss where windjc dumped 50k XMR? Permanent bail, or trying to buy lower?

Ideological dump. He thinks Rpietila ego is too big and wanted to teach him a lesson so he decided that his best course of action was liquidate his XMR position at a bottomish price. I wonder if he realizes that he's gonna achieve the opposite of what he wanted. Lulzy.

Topic: [XMR] Monero Speculation - page 2165. (Read 3312350 times)