I hope to soon post here a chart or table showing the amounts of moneros traded at any given price level (0-50k, 50-100k, etc.). In my opinion, monero has during all its exchange history been a rangebound coin. The all-time-weighted-average is about 400k, and most of the trade has been conducted at a narrow range of 300-500k. When the range is definitely broken, there is no knowing what the next trading range would be.
Despite the fact that this situation contributes to the inflow of newcomers to the crypto-currency market, to determine the future in the near future, the asset is very difficult
Interesting, is this account being run by a B0t? This quote gets replied to by b0ts alot. I wonder if it scans replies and reports responces that mention B*O*T's? Thats why I replied by spelling that with a "0"(zero) instead of a "o". Lets not give the b0t creators input on how to adjust them to avoid detection.
If it is then I would not have known if it had replied to a recent post, I would have just assumed it was not a native english speaker.
I don't have the time to research it's post history but if anyone else does then please post your findings.I checked an indeed it looks like a bot that was started by a Russian speaker posting in a off topic section and then handed off. Reported.