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Topic: [XMR] Monero Speculation - page 48. (Read 3313076 times)

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 11, 2021, 10:07:14 AM
Uh..  Really?  Why would anybody short something in the middle of what could be the biggest bull market in crypto’s history?  It’s prolly just day trading or something short term.

Unless that site is incorrect, the short interest in XMR is at an all time high pretty much.

No other crypto they measure has shorts outnumbering longs and most are not even visible on the chart.  XMR is a big time outlier.

This site only measures the open longs and shorts on Bitfinex I think...

https://datamish.com/xmrusd/360d

legendary
Activity: 3276
Merit: 2442
February 11, 2021, 09:37:44 AM
But why all the massive short positioning for XMR out of line with other coins?  Someone know something?  Is it because Mindrust announced a position? Wink

No matter how you look at it, compared to the others, XMR is cheap. Way too cheap. I don't believe it is going to disappear neither. Banning Monero exclusively would mean they could ban Bitcoin too and that would bring fear to the investors and whoever letting this Bitcoin pump happening can't take that risk so they won't ban monero.

I can't believe that the FED is eating popcorns while their currency is getting ass kicked but on the other why am I  surprised... they did everything necessary to reach this stage.

The only thing that makes sense to do for them right now is raising the interest rates and that would kill every bubbly asset and zombie corp out there and they cannot let that happen. (they should though) They are suiciding.

This is the great reset. It is happening. Right now. I cannot be as certain if Bitcoin will be the one to survive through everything but we all are going to see what's going happen next. Interesting af. I need more beer.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
February 11, 2021, 09:35:36 AM
Uh..  Really?  Why would anybody short something in the middle of what could be the biggest bull market in crypto’s history?  It’s prolly just day trading or something short term.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 11, 2021, 09:15:59 AM
This guy says Monero is the most shorted coin
https://twitter.com/monerotrader/status/1359185389899063298
comments?

Huh.

I am no expert on this... but damn.  That makes XMR one of two things.  Either being massively manipulated, or a candidate for a huge short squeeze, or both.

Call out he Wall Street Bet Boyz!

 It's interesting.  This might actually be a good candidate for that sort of play.  But I do not think they are a very crypto friendly bunch... dunno.

But why all the massive short positioning for XMR out of line with other coins?  Someone know something?  Is it because Mindrust announced a position? Wink
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 10, 2021, 11:51:21 PM
This guy says Monero is the most shorted coin
https://twitter.com/monerotrader/status/1359185389899063298
comments?

Huh.

I am no expert on this... but damn.  That makes XMR one of two things.  Either being massively manipulated, or a candidate for a huge short squeeze, or both.

Call out he Wall Street Bet Boyz!
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 10, 2021, 05:02:50 PM
This guy says Monero is the most shorted coin
https://twitter.com/monerotrader/status/1359185389899063298
comments?

Huh.

I am no expert on this... but damn.  That makes XMR one of two things.  Either being massively manipulated, or a candidate for a huge short squeeze, or both.
sr. member
Activity: 807
Merit: 423
February 10, 2021, 02:37:42 PM
This guy says Monero is the most shorted coin
https://twitter.com/monerotrader/status/1359185389899063298
comments?
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
February 10, 2021, 07:27:21 AM
Monero was (and still sort of is) my favourite altcoin of all time. Comparing to other speculative coins with nearly absurd claims, monero is doing what it suggests: allowing you to do transactions meanwhile staying anonymous. People still can't realize how important anonymity is to avoid ridiculous wealth taxes forced down in their throats. Anonymity was my favourite thing when I first learned about crypto but people just don't mind it all now, joining markets that forces you to do KYC.

In my personal opinion there is a legitimate use case for both, leaving it up to you if you want and/or need to be transparent or not.
Let´s make a use case for transparency: If for a example a NGO needs funding, why should that not be transparent? Or funding of a political party or a fundraiser for a start up or what so ever.
For anonymitiy: If my employer pays me, nobody needs to know how much i earn, the taxes are still, either directly or indirectly, paid by the employer, and besides that, it is in the papers of my employer. Needless to say, that my purchase i do is nobodys business as well. For objects as real estates i can do that also, hence the value and paid price is also in the papers.

I think, this is a never ending discussion, hence a gun per sé is not dangerous, the finger on the trigger and the mindset of that finger is important. I also think there are two core ideas for crypto
1. Speculation object (as reals estate, Rolex clocks, E-Typer Jaguar) were nobody cares of the idea and the true value of the speculation object
2. Idealistic use cas
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
February 10, 2021, 05:12:23 AM
Price is picking up again a lil´bit  Cheesy Grin Grin Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
legendary
Activity: 3136
Merit: 1116
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 08, 2021, 02:04:48 PM

Dang.  Mindrust just posts, and whoosh... Wink

Monero is up 4% today.  Cheesy We are doing well bois

edit: btw I made a technical analysis many months ago predicting this shit but since I don't believe in TA anymore I am not going to find it so you can take a deep breath.  Grin I mean It can't really get worse than this or... can it?




 Cheesy Cheesy Cheesy
legendary
Activity: 3276
Merit: 2442
February 08, 2021, 12:03:20 PM

Dang.  Mindrust just posts, and whoosh... Wink

Monero is up 4% today.  Cheesy We are doing well bois

edit: btw I made a technical analysis many months ago predicting this shit but since I don't believe in TA anymore I am not going to find it so you can take a deep breath.  Grin I mean It can't really get worse than this or... can it? If we go back another year well.. 0.001 is not looking that impossible now.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 08, 2021, 11:09:01 AM
It is not going up because I am holding it. Bad luck for you fuckers haha
Just let us know when you plan to sell! Wink

Never, get rekt. In fact I am buying more. Buying Monero now is like buying btc in 2016  Tongue (more bad signs from me enjoy your road to 0)





I hear Eth is gonna rocket, buy that!


Dang.  Mindrust just posts, and whoosh... Wink
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
February 06, 2021, 07:37:27 AM
^  Yup.  Commendable move by binaryFate.  He’s not gonna be no lackey for the guv’ment.  Still tho..  If you read between the lines it looks like xmr.to’s closure could be a bad sign imho.

we will start issuing regular transparency reports. Our transparency reports will describe any requests XMR.to has received from government or regulatory authorities and how we have responded or otherwise reacted.’.

^  It think that was right before they announced they were closing shop.

https://xmr.to/blog/our_first_blog_post/

Where I can find the transparency reports?

There was none made cos binaryFate decided to close xmr.to down rather than start going against his principles.
legendary
Activity: 2268
Merit: 1141
February 04, 2021, 05:54:52 PM
If law enforcement demanded information from xmr.to, the demand almost certainly came with a gag order.  xmr.to would be committing a criminal offence if they revealed the request.  Which might be why they're shutting.  Their conscience won't let them keep operating while secretly cooperating with law enforcement.

We can rule that out, see:

https://twitter.com/binaryFate/status/1356315248349872129
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 04, 2021, 02:43:45 PM
It is not going up because I am holding it. Bad luck for you fuckers haha
Just let us know when you plan to sell! Wink

Never, get rekt. In fact I am buying more. Buying Monero now is like buying btc in 2016  Tongue (more bad signs from me enjoy your road to 0)





I hear Eth is gonna rocket, buy that!
legendary
Activity: 3276
Merit: 2442
February 04, 2021, 02:31:16 PM
It is not going up because I am holding it. Bad luck for you fuckers haha
Just let us know when you plan to sell! Wink

Never, get rekt. In fact I am buying more. Buying Monero now is like buying btc in 2016  Tongue (more bad signs from me enjoy your road to 0)
full member
Activity: 640
Merit: 103
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 04, 2021, 01:48:20 PM
It is not going up because I am holding it. Bad luck for you fuckers haha

Well, we will just wait for your weak hands to fold and then of course...moon. Tongue
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