[XMR] Monero Speculation - page 65. | Bitcointalksearch.org

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: explorer on November 23, 2020, 03:11:31 PM

Looking pretty strong...

We need some good news. Maybe something like: Because of fake news that CiperTrace can trace Monero transactions, all fake volume exchanges in South Korea decided to list Monero again. Oh and that Arabic UAE exchange Bit Oasis or how was named. CiperTrace need to be more vocal so those people on other side of the word can hear them.

Also today on monero sub reddit someone was talking about stock to flow ratio and had some strange numbers so i went to calculating it and I got this.

Gold Stock to flow ratio for last year was 59.9 as this article says https://seekingalpha.com/article/4357409-golds-stock-to-flow-ratio-and-why-matters
Bitcoin stock to flow ratio of right now is 56,47
Monero stock to flow ratio of right now is 65.79
Monero>Gold>Bitcoin 65.79>59.9>56,47

Stock to flow ratio is only a pressure on supply side. You cant predict price with it. It is only one factor.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: cAPSLOCK on November 23, 2020, 02:19:02 PM

As to XMRBTC we do seem to have definitively bounced off the trendline... So the question is do we turn around? Or do we breech it?

Looking pretty strong...

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

As to XMRBTC we do seem to have definitively bounced off the trendline... So the question is do we turn around? Or do we breech it?

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: explorer on November 21, 2020, 03:50:18 AM

cAPSLOCK, any update on your USD:XMR chart?

It's a mess really... I need to put a little work into revising some aspects... but just looking at the ranges I was interested about what a month+ ago we kind of see this:

Seems to me XMR is not really joining into the alts party which is often the case. But that does not meant it won't show up fasionably late like it also does from time ti time.

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Ps.: ... it smells like ~~teen spirit~~ fomo in here ... Grin

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: Hueristic on November 20, 2020, 05:43:52 PM

Quote from: explorer on November 20, 2020, 05:38:13 PM

Quote from: Krimster on November 20, 2020, 02:04:13 PM

Yeah, low 0.06x seems reasonable, but in an active subject to such wild changes, I'd rather not take too many chances, I have entered at half load. If it does go down as elrippo predicts, I'll buy the other half. But I don't want to get excluded from the trip up just because a few whales decide to do something funny.

0.006443 (binance) is officially low .006x already. I bought with half of my allotted BTC in the .007's for the same reasons, but my margin account is still short Tongue

I guess now is not the time to go to work. According to elrippos friend I will have to let a couple jobs float until December, just to be sure. Working is a poor life choice anyway Grin

I was going to long at .0075 but was too lazy to figure out binance margin system.

Now I'm reconsidering learning it again. Cheesy

One is never too old to learn Cheesy

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: explorer on November 20, 2020, 05:38:13 PM

Quote from: Krimster on November 20, 2020, 02:04:13 PM

Yeah, low 0.06x seems reasonable, but in an active subject to such wild changes, I'd rather not take too many chances, I have entered at half load. If it does go down as elrippo predicts, I'll buy the other half. But I don't want to get excluded from the trip up just because a few whales decide to do something funny.

0.006434 (binance) is officially low .006x already. I bought with half of my allotted BTC in the .007's for the same reasons, but my margin account is still short Tongue

I guess now is not the time to go to work. According to elrippos friend I will have to let a couple jobs float until December, just to be sure. Working is a poor life choice anyway Grin

In my world 0,0064x is mid 0,006x but fine for me to call it lowish 0,006x Grin

explorer

legendary

Activity: 2016

Merit: 1259

cAPSLOCK, any update on your USD:XMR chart?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: explorer on November 20, 2020, 05:49:56 PM

Yep. When I close the short I'm flipping full margin long, and just ride out what's left of the dip, and see how long I can keep my fingers out of it for. What fun it was to find some bits and pieces still on polo after my hiatus.

There's .006414...

I got a letter saying my funds on Polo were with the treasurers office in a state I don't reside in and it was only 66% of what I had there sold at the bottom converted to usdt. Thats one way I know they were orchestrating dumps when Goldmann Ballsacks owned Polo.

Quote from: Globb0 on November 20, 2020, 05:55:30 PM

When to go long though? Margin is risky.

where do yo set the stop? a trailing one?

Whales have a way of messing you up with spikes.

I always make sure price can drop 40% before liquidation and have only been called once when there was fuckery going on during BTC fork.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Globb0 on November 20, 2020, 05:55:30 PM

When to go long though? Margin is risky.

where do yo set the stop? a trailing one?

Whales have a way of messing you up with spikes.

No stops. Its how I roll. Draw some lines, pick a number, add a bit for insurance, and take the BTC. IMO long at any point down from here is good enough. I know from experience that I won't catch the bottom with any weight, so very soon I will go long with about half, and add to it progressively (hopefully all on the way down, and not in a panic on the way up lol) Even it if takes a few months to get back to green, it is profitable, but I don't expect that to be the case. The down side is vastly diminished at this point. If I have to shore up my collateral as it dips to unthinkable levels, I will double down and profit more. If it dies alltogether, and never comes back up, well the XMR I staked is worthless anyway, isn't it? win-win, or lose-lose.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

When to go long though? Margin is risky.

where do yo set the stop? a trailing one?

Whales have a way of messing you up with spikes.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Hueristic on November 20, 2020, 05:43:52 PM

Quote from: explorer on November 20, 2020, 05:38:13 PM

Quote from: Krimster on November 20, 2020, 02:04:13 PM

Yeah, low 0.06x seems reasonable, but in an active subject to such wild changes, I'd rather not take too many chances, I have entered at half load. If it does go down as elrippo predicts, I'll buy the other half. But I don't want to get excluded from the trip up just because a few whales decide to do something funny.

0.006443 (binance) is officially low .006x already. I bought with half of my allotted BTC in the .007's for the same reasons, but my margin account is still short Tongue

I guess now is not the time to go to work. According to elrippos friend I will have to let a couple jobs float until December, just to be sure. Working is a poor life choice anyway Grin

I was going to long at .0075 but was too lazy to figure out binance margin system.

Now I'm reconsidering learning it again. Cheesy

Yep. When I close the short I'm flipping full margin long, and just ride out what's left of the dip, and see how long I can keep my fingers out of it for. What fun it was to find some bits and pieces still on polo after my hiatus.

There's .006414...

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: explorer on November 20, 2020, 05:38:13 PM

Quote from: Krimster on November 20, 2020, 02:04:13 PM

Yeah, low 0.06x seems reasonable, but in an active subject to such wild changes, I'd rather not take too many chances, I have entered at half load. If it does go down as elrippo predicts, I'll buy the other half. But I don't want to get excluded from the trip up just because a few whales decide to do something funny.

0.006443 (binance) is officially low .006x already. I bought with half of my allotted BTC in the .007's for the same reasons, but my margin account is still short Tongue

I guess now is not the time to go to work. According to elrippos friend I will have to let a couple jobs float until December, just to be sure. Working is a poor life choice anyway Grin

I was going to long at .0075 but was too lazy to figure out binance margin system.

Now I'm reconsidering learning it again. Cheesy

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Krimster on November 20, 2020, 02:04:13 PM

Yeah, low 0.06x seems reasonable, but in an active subject to such wild changes, I'd rather not take too many chances, I have entered at half load. If it does go down as elrippo predicts, I'll buy the other half. But I don't want to get excluded from the trip up just because a few whales decide to do something funny.

0.006434 (binance) is officially low .006x already. I bought with half of my allotted BTC in the .007's for the same reasons, but my margin account is still short Tongue

I guess now is not the time to go to work. According to elrippos friend I will have to let a couple jobs float until December, just to be sure. Working is a poor life choice anyway Grin

Krimster

member

Activity: 84

Merit: 11

Yeah, low 0.06x seems reasonable, but in an active subject to such wild changes, I'd rather not take too many chances, I have entered at half load. If it does go down as elrippo predicts, I'll buy the other half. But I don't want to get excluded from the trip up just because a few whales decide to do something funny.

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: dragonvslinux on November 19, 2020, 11:44:05 AM

Quote from: elrippos friend on November 19, 2020, 11:08:51 AM

Quote from: dragonvslinux on November 19, 2020, 08:20:31 AM

Quote from: Globb0 on November 19, 2020, 08:06:51 AM

Quote from: dragonvslinux on November 19, 2020, 07:56:40 AM

From a fib retracement perspective (regardless of how you look at it) - it looks bad. Falling through the volume point of control isn't a good sign either.

If the Week closes below the 0.236 "last line in the sand" retracement level, then I'd be expecting lower lows personally Undecided

This being a speculation thread that sounds like a lovely buy the dip oppoertunity.

Anywhere here or bellow must be tempting in those bitcoins. OK its (BTC) on a run for now. But patience.

There will be an back flow, all those reds like that chart even look quite sus/but of course its not the price its the bitcoin value.

I also think it could be a great buy the dip opportunity, after all XMR is 40% down from recent highs, 80% from ATH. There's no doubt in my mind it's a great discount at these prices, given Monero's fundamental value that I believe is still as strong as ever before. My only concern is, if price doesn't bounce back from these levels, it could be in deep trouble.

I'm personally waiting for the Week to close, hoping for a wick to form at the bottom of the current candle (for confirmation of support) before considering averaging in any further. This price structure reminds me a bit of BAT/BTC, that also had a similar spike in price, but when it came to bouncing off the lows again, it broke through dropping another 30%.

I'm airing on the side of caution right now.

Wait until the first December week and place your orders near to 0,0060 Grin

Why the first week of December you say? I'm curious...

Simply because this is a pattern we already had in April and May 2016 and at the moment speaking the behaviour is exactly the same in my opinion Grin

alaskabm

newbie

Activity: 11

Merit: 2

In terms of xmr\usd price is holding well.

I'm just trying to understand what btc is going to do.

Do you guys think it will hold 17-18k, go for a correction to 11-13k or pass the 20k range towards 25k?

dragonvslinux

legendary

Activity: 1722

Merit: 2213

Quote from: elrippos friend on November 19, 2020, 11:08:51 AM

Quote from: dragonvslinux on November 19, 2020, 08:20:31 AM

Quote from: Globb0 on November 19, 2020, 08:06:51 AM

Quote from: dragonvslinux on November 19, 2020, 07:56:40 AM

From a fib retracement perspective (regardless of how you look at it) - it looks bad. Falling through the volume point of control isn't a good sign either.

If the Week closes below the 0.236 "last line in the sand" retracement level, then I'd be expecting lower lows personally Undecided

This being a speculation thread that sounds like a lovely buy the dip oppoertunity.

Anywhere here or bellow must be tempting in those bitcoins. OK its (BTC) on a run for now. But patience.

There will be an back flow, all those reds like that chart even look quite sus/but of course its not the price its the bitcoin value.

I also think it could be a great buy the dip opportunity, after all XMR is 40% down from recent highs, 80% from ATH. There's no doubt in my mind it's a great discount at these prices, given Monero's fundamental value that I believe is still as strong as ever before. My only concern is, if price doesn't bounce back from these levels, it could be in deep trouble.

I'm personally waiting for the Week to close, hoping for a wick to form at the bottom of the current candle (for confirmation of support) before considering averaging in any further. This price structure reminds me a bit of BAT/BTC, that also had a similar spike in price, but when it came to bouncing off the lows again, it broke through dropping another 30%.

I'm airing on the side of caution right now.

Wait until the first December week and place your orders near to 0,0060 Grin

Why the first week of December you say? I'm curious...

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: dragonvslinux on November 19, 2020, 08:20:31 AM

Quote from: Globb0 on November 19, 2020, 08:06:51 AM

Quote from: dragonvslinux on November 19, 2020, 07:56:40 AM

From a fib retracement perspective (regardless of how you look at it) - it looks bad. Falling through the volume point of control isn't a good sign either.

If the Week closes below the 0.236 "last line in the sand" retracement level, then I'd be expecting lower lows personally Undecided

This being a speculation thread that sounds like a lovely buy the dip oppoertunity.

Anywhere here or bellow must be tempting in those bitcoins. OK its (BTC) on a run for now. But patience.

There will be an back flow, all those reds like that chart even look quite sus/but of course its not the price its the bitcoin value.

I also think it could be a great buy the dip opportunity, after all XMR is 40% down from recent highs, 80% from ATH. There's no doubt in my mind it's a great discount at these prices, given Monero's fundamental value that I believe is still as strong as ever before. My only concern is, if price doesn't bounce back from these levels, it could be in deep trouble.

I'm personally waiting for the Week to close, hoping for a wick to form at the bottom of the current candle (for confirmation of support) before considering averaging in any further. This price structure reminds me a bit of BAT/BTC, that also had a similar spike in price, but when it came to bouncing off the lows again, it broke through dropping another 30%.

I'm airing on the side of caution right now.

Wait until the first December week and place your orders near to 0,0060 Grin

dragonvslinux

legendary

Activity: 1722

Merit: 2213

Quote from: Globb0 on November 19, 2020, 08:06:51 AM

Quote from: dragonvslinux on November 19, 2020, 07:56:40 AM

From a fib retracement perspective (regardless of how you look at it) - it looks bad. Falling through the volume point of control isn't a good sign either.

If the Week closes below the 0.236 "last line in the sand" retracement level, then I'd be expecting lower lows personally Undecided

This being a speculation thread that sounds like a lovely buy the dip oppoertunity.

Anywhere here or bellow must be tempting in those bitcoins. OK its (BTC) on a run for now. But patience.

There will be an back flow, all those reds like that chart even look quite sus/but of course its not the price its the bitcoin value.

I also think it could be a great buy the dip opportunity, after all XMR is 40% down from recent highs, 80% from ATH. There's no doubt in my mind it's a great discount at these prices, given Monero's fundamental value that I believe is still as strong as ever before. My only concern is, if price doesn't bounce back from these levels, it could be in deep trouble.

I'm personally waiting for the Week to close, hoping for a wick to form at the bottom of the current candle (for confirmation of support) before considering averaging in any further. This price structure reminds me a bit of BAT/BTC, that also had a similar spike in price, but when it came to bouncing off the lows again, it broke through dropping another 30%.

I'm airing on the side of caution right now.

Topic: [XMR] Monero Speculation - page 65. (Read 3313076 times)