[XMR] Monero Speculation - page 536.

johnsmithx

hero member

Activity: 589

Merit: 507

I don't buy nor sell anything here and never will.

Quote from: Vaflia on October 08, 2017, 03:44:25 PM

Quote from: johnalan on October 08, 2017, 01:07:52 PM

I cannot believe we are back under 0.02.

Fuck me.

It seems to me that do not panic. All the coins are falling, because people buy bitcoin before the hardfork.

Before which hardfork? Before the segwit2x hardfork that won't happen for another month? Or before the gold hardfork that won't happen for another 2 weeks? Either way your theory doesn't make much sense.

guesswho1234

full member

Activity: 155

Merit: 100

its so hard to tell what exactly is happening since crypto is so easy to manipulate but what i do know is that monero always had its lvls where it suddenly got stuck for a while and so far it always came back stronger than before.

i see no reason in monero losing value in the long run.

also we must not forget that in crypto people jump from coin to coin looking for quick and big gains. now
if something looks boring like monero does atm those people wont trade it until it either breaks out or dips hard.
therefore price will tank since miners want to sell their shit etc.

i expect that when bitcoin forks its going to get intersting

walonek

full member

Activity: 149

Merit: 100

Quote from: cAPSLOCK on October 08, 2017, 03:42:47 PM

I get the general despair around here. This valuation does not match my expectations. So I am buying.

Wait until 0.016 - longs should be cut down. Then it will rise probably only up to 0.039 or so and another drop.(wondering of RSI then> 10? 20? LOL SellCoin

)

Vaflia

full member

Activity: 280

Merit: 101

Quote from: johnalan on October 08, 2017, 01:07:52 PM

I cannot believe we are back under 0.02.

Fuck me.

It seems to me that do not panic. All the coins are falling, because people buy bitcoin before the hardfork.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: johnalan on October 08, 2017, 03:08:45 PM

Quote from: cAPSLOCK on October 08, 2017, 02:56:38 PM

Quote from: cAPSLOCK on October 03, 2017, 06:19:05 PM

Quote from: nioc on October 03, 2017, 04:52:44 PM

Quote from: cAPSLOCK on October 02, 2017, 10:39:22 PM

Talking my book...

I have chosen .0203-.0206 as a supplemental entry point for a significant addition to my meager above water stash.

I reveal that here for posterity... for mockery or gloating... hard to say which.

24hr Low 0.02020000

Last Price 0.02190000

Cool

Still early for any really GOOD gloating. Wink

For some reason XMR seems to stay less coupled to BTC than other alts...

Except when it's going down.

And when it isn't really. See the last 3 weeks or so...

I get the general despair around here. This valuation does not match my expectations. So I am buying.

walonek

full member

Activity: 149

Merit: 100

Botnets and browser mining... another argument to evacuate of Monero. Monero despite its usage have no promises...

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: kurious on October 08, 2017, 01:59:12 PM

Quote from: johnalan on October 08, 2017, 01:07:52 PM

I cannot believe we are back under 0.02.

Fuck me.

It's more BTC rising than XMR falling - against USD it's a still $90.

Hardly catastrophic.

Unless you longed. Cheesy

Quote from: johnalan on October 08, 2017, 02:28:49 PM

...

BTC at 10K USD, DASH and ETH at 0.1, XMR at 0.022?

I feel disgusted.

Well BTC has along way to go to get there but I hear your point and agree wholeheartedly. I guess it doesn't help that not only do we have the botnets dumping but we have the browser hacks mining as well.

walonek

full member

Activity: 149

Merit: 100

Daily RSI oversold... Fibo little below its bottom of 61.8% in BTC... In log scale we can say it even do not moved since the last August.. even in USD it is at 50% fibo level and no f.. upcorrection. If no upcorrection at this bull market then I leave Monero for good. It made money last year when the xmr gone up after darknet first time usage infos. Then it became slow bullshit hanging over the wall... All useful cryptos skyrocketed since then. XMR is the last one with actual usage who is lagging below any expectations after watching what happened to altcoin market last year... Even LTC made its time. EVEN Ethereum Classic is going to take over the market capitalization of Monero in near future... What is next ? Factom over XMR? I think that the price of 0,016 is in the range of this crap which I am going to evacuate with my gains of last year...

johnalan

member

Activity: 200

Merit: 47

Quote from: cAPSLOCK on October 08, 2017, 02:56:38 PM

Quote from: cAPSLOCK on October 03, 2017, 06:19:05 PM

Quote from: nioc on October 03, 2017, 04:52:44 PM

Quote from: cAPSLOCK on October 02, 2017, 10:39:22 PM

Talking my book...

I have chosen .0203-.0206 as a supplemental entry point for a significant addition to my meager above water stash.

I reveal that here for posterity... for mockery or gloating... hard to say which.

24hr Low 0.02020000

Last Price 0.02190000

Cool

Still early for any really GOOD gloating. Wink

For some reason XMR seems to stay less coupled to BTC than other alts...

Except when it's going down.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: cAPSLOCK on October 03, 2017, 06:19:05 PM

Quote from: nioc on October 03, 2017, 04:52:44 PM

Quote from: cAPSLOCK on October 02, 2017, 10:39:22 PM

Talking my book...

I have chosen .0203-.0206 as a supplemental entry point for a significant addition to my meager above water stash.

I reveal that here for posterity... for mockery or gloating... hard to say which.

24hr Low 0.02020000

Last Price 0.02190000

Cool

Still early for any really GOOD gloating. Wink

Certainly no gloating yet. But I have orders between here and 0.018 set.

Looks to me like a fairly wholesale transfer of money from alts to btc. With some notable outliers. (Ripple and clams wtf?)

Monero doing what it has been doing for an awful long time: Holding its $ value.

For some reason XMR seems to stay less coupled to BTC than other alts...

johnalan

member

Activity: 200

Merit: 47

Quote from: kurious on October 08, 2017, 01:59:12 PM

Quote from: johnalan on October 08, 2017, 01:07:52 PM

I cannot believe we are back under 0.02.

Fuck me.

It's more BTC rising than XMR falling - against USD it's a still $90.

Hardly catastrophic.

With the greatest of respect, whilst is might not be catastrophic, its pretty damn bad.

The XMR/BTC price is the metric for XMR's success in crypto terms. When we broke that 0.0265 glass ceiling I was elated. I really thought we were finally about to track our historical peers (ETH 0.07 and Dash 0.06) up to a proper value for XMR.

Without getting into the details I think XMR is GROSSLY undervalued in the context of the current market, with XMR's utility taken into account.

Alas it's not to be, whilst our old peers (ETH flawed; mutable, DASH a sham of a crypto, with zero USP) reach record heights, not struggling at old strangle points and resistance levels, we languish in our old comfort zone.

What's next?

BTC at 10K USD, DASH and ETH at 0.1, XMR at 0.022?

I feel disgusted.

Detective Cuffs

newbie

Activity: 30

Merit: 0

Quote from: doc12 on October 08, 2017, 01:27:27 PM

Monero market somehow is extremly fucked up. Basicly i goes likes this:

1. One or two huge green candles in no time without building momentum
2. 200 red candles ultimate dumpage
3. Repeat

Feels like a 2 BTC volume shitcoin Huh

No offence, monero is one of my favorite but this feels a bit strange...

To be fair XMR price is always rising in the long run and shitcoins are zombies after the dump.

Non taken sir, I rly like comments like these for some reason.

1. Ofc it's subjective, but it depends on what time frame charts you are using. I use daily, and I haven't seen "ultimate dumpage" since Sept. 14.
2. I can't see anything strange in XMR movement. All coins are "chilling", although BTC in starting to shake. Strange would be all up, XMR down.
3. Thinking that XMR somehow different to average speculator is wrong. "To be fair XMR price is always rising in the long run" True, but that's not only XMR who does that. Top 20 market cap coins go up in the long run, because dumb money just try to get rich fast and does not do their homework before pulling the trigger. So "low volume shitcoin" would apply not only to XMR but also DASH, ZEC, LTC... LTC has 1000 BTC volume on polo atm and 400 the day before. Ain't that shit?

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: johnalan on October 08, 2017, 01:07:52 PM

I cannot believe we are back under 0.02.

Fuck me.

It's more BTC rising than XMR falling - against USD it's a still $90.

Hardly catastrophic.

doc12

legendary

Activity: 1284

Merit: 1042

Monero market somehow is extremly fucked up. Basicly i goes likes this:

1. One or two huge green candles in no time without building momentum
2. 200 red candles ultimate dumpage
3. Repeat

Feels like a 2 BTC volume shitcoin Huh

No offence, monero is one of my favorite but this feels a bit strange...

To be fair XMR price is always rising in the long run and shitcoins are zombies after the dump.

johnalan

member

Activity: 200

Merit: 47

I cannot believe we are back under 0.02.

Fuck me.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: starmman on October 08, 2017, 05:33:53 AM

Quote from: Hueristic on October 08, 2017, 01:10:01 AM

Quote from: explorer on October 07, 2017, 11:08:54 PM

Just noticed the 24hr volume on polo... 410btc Shocked

Haven't seen it that low in ages.

add:

and it seems that polo btc:xmr is only 7% of xmr the market these days. The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

They have been costing me with the margin offers being charged but closed off the books instead of getting filled, I think they are running a script to screw traders. As soon as I close this long I'm gone they have been fucking me for 6 months costing me 20% of my stack.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: YinShuiSiYuan on October 08, 2017, 10:31:21 AM

Quote from: starmman on October 08, 2017, 05:33:53 AM

Quote from: Hueristic on October 08, 2017, 01:10:01 AM

Quote from: explorer on October 07, 2017, 11:08:54 PM

Just noticed the 24hr volume on polo... 410btc Shocked

Haven't seen it that low in ages.

add:

and it seems that polo btc:xmr is only 7% of xmr the market these days. The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

Anyway Poloniex still is the biggest market to trade Monero. Falling volume is very dangerous, but on the other hand when will show up good information from developers the price will much easier jump up.

Development have low influence on short term price. Almost none. Ofcourse it have it on long term. Markets hugely influence price. And AERO seems to be working well. We will see how users will like it. I am actually surprised was no price jump when announced, but I guess people got skeptical with darkmarkets.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: YinShuiSiYuan on October 08, 2017, 10:31:21 AM

Quote from: starmman on October 08, 2017, 05:33:53 AM

Quote from: Hueristic on October 08, 2017, 01:10:01 AM

Quote from: explorer on October 07, 2017, 11:08:54 PM

Just noticed the 24hr volume on polo... 410btc Shocked

Haven't seen it that low in ages.

add:

and it seems that polo btc:xmr is only 7% of xmr the market these days. The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

Anyway Poloniex still is the biggest market to trade Monero. Falling volume is very dangerous, but on the other hand when will show up good information from developers the price will much easier jump up.

Wat?

QlooQl

full member

Activity: 322

Merit: 122

Hello World!

I've been watching Monero since before its big 100% up move. I'm sad I didn't pull the trigger, but I'm still waiting for a good entry point. We are seeing very low volume the last few days, as Ether lost value Monero seemed rangebound. Currently Ether is gaining ground and Monero has barely budged. I think this is worrying so I'm still waiting. I think we will see continued price erosion for some time.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Quote from: starmman on October 08, 2017, 05:33:53 AM

Quote from: Hueristic on October 08, 2017, 01:10:01 AM

Quote from: explorer on October 07, 2017, 11:08:54 PM

Just noticed the 24hr volume on polo... 410btc Shocked

Haven't seen it that low in ages.

add:

and it seems that polo btc:xmr is only 7% of xmr the market these days. The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

Anyway Poloniex still is the biggest market to trade Monero. Falling volume is very dangerous, but on the other hand when will show up good information from developers the price will much easier jump up.

Topic: [XMR] Monero Speculation - page 536. (Read 3314316 times)