[XMR] Monero Speculation - page 736.

MataKhobRazi

hero member

Activity: 876

Merit: 568

( ͡⊙ ͜ʖ ͡⊙)

Quote from: rinus on May 22, 2017, 06:16:10 AM

Eth 170, we stay around 33. Should I be worried ? I am in xmr 2 years now and all the big ones go up except xmr. It should be higher then it is now I think

I had the exact same worried feeling in june 2016 after having hodl my monero for 2 years. Then I sold half of my stack and I guess you know what happened two months later in august 2016 ? Cry

rinus

sr. member

Activity: 362

Merit: 258

Eth 170, we stay around 33. Should I be worried ? I am in xmr 2 years now and all the big ones go up except xmr. It should be higher then it is now I think

amaral1977

sr. member

Activity: 686

Merit: 250

Quote from: bitwolf on May 21, 2017, 12:40:33 PM

Bytecoin +100% today again.
My opiniion: The Bitcoin whales that don't know the end of their money manipulated like piece of cake the market of yet another shitcoin.

Sometimes you see a wall of 2 or 3 BTC and someone is trolling in the chats of the exchanges "Huge wall" . then u see a green or a red accordingly to trolls word. So if someone think two or 3 BTC is a wall... Even a baby BTC whale is capable of manipulation:)

bitwolf

full member

Activity: 186

Merit: 100

Bytecoin +100% today again.
My opiniion: The Bitcoin whales that don't know the end of their money manipulated like piece of cake the market of yet another shitcoin.

LennyCarl

full member

Activity: 176

Merit: 108

Quote from: aminorex on May 21, 2017, 10:37:47 AM

Quote from: bitwolf on May 21, 2017, 09:04:17 AM

"Monero pump" you are kidding right? Everything else got pumped gazillion times for nothing and Monero even lost in btc value and you still say pump??? SUre...

It is the very lack of marketing and scammery that make it a good risk/value proposition, even at (especially at) all-time-highs. I think it is irresponsible, and proof of bad faith, to market a product which is unfit for purpose. Of course that disqualifies most of the larger cap cryptographic tokens. (Bitcoin gets a pass because it was 99.44% pure viral contagion.)

Scammery, puffery, outright fraud, all can be quite profitable in their salad days, but they never age well - as does a Barolo from a good vintage year. When it is mature, Monero may merit some PR effort, but until then it is much healthier for the public to be introduced gradually, as their use-cases warrant.

Bitcoin is our ivory soap.

But no one should help but notice that we are doing very well despite not quite attaining full maturity. In good time...

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: bitwolf on May 21, 2017, 09:04:17 AM

"Monero pump" you are kidding right? Everything else got pumped gazillion times for nothing and Monero even lost in btc value and you still say pump??? SUre...

It is the very lack of marketing and scammery that make it a good risk/value proposition, even at (especially at) all-time-highs. I think it is irresponsible, and proof of bad faith, to market a product which is unfit for purpose. Of course that disqualifies most of the larger cap cryptographic tokens. (Bitcoin gets a pass because it was 99.44% pure viral contagion.)

Scammery, puffery, outright fraud, all can be quite profitable in their salad days, but they never age well - as does a Barolo from a good vintage year. When it is mature, Monero may merit some PR effort, but until then it is much healthier for the public to be introduced gradually, as their use-cases warrant.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: OrangeP on May 21, 2017, 07:21:50 AM

Does ZenCash have better tech than Monero ?

Wrong thread, short answer is no. Here is the thread to ask that question.

https://bitcointalk.org/index.php?topic=583449.0;topicseen

bitwolf

full member

Activity: 186

Merit: 100

Quote from: cryptimus prime on May 20, 2017, 11:46:14 PM

The Monero pump came shortly before the BTC pump, but in USD terms we hit ATH and still bullish. On 1D XMRBTC chart the bollinger get tighter and we also proceed more horizontal into the triangle which defines the trend on 1D scale. The outbreak from this will be huge. In XMRUSD terms we have some kind of parabolic movement forming.

"Monero pump" you are kidding right? Everything else got pumped gazillion times for nothing and Monero even lost in btc value and you still say pump??? SUre...

OrangeP

sr. member

Activity: 358

Merit: 250

Does ZenCash have better tech than Monero ?

medusa13

sr. member

Activity: 453

Merit: 500

hello world

Quote from: aminorex on May 21, 2017, 06:21:32 AM

Rather than postulating a manipulation with supernatural skill, my supposition would be an impatient entry by a new Monerist, followed by an opportunistic exit as soon as the deposit xns could occur (Risto?). We remain with a surplus of demand, and the parabola seems.... Inevitable.

exactly my thoughts too.

there may have been an additional margin call on top of it.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Rather than postulating a manipulation with supernatural skill, my supposition would be an impatient entry by a new Monerist, followed by an opportunistic exit as soon as the deposit xns could occur (Risto?). We remain with a surplus of demand, and the parabola seems.... Inevitable.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: cryptimus prime on May 20, 2017, 11:46:14 PM

The Monero pump came shortly before the BTC pump, but in USD terms we hit ATH and still bullish. On 1D XMRBTC chart the bollinger get tighter and we also proceed more horizontal into the triangle which defines the trend on 1D scale. The outbreak from this will be huge. In XMRUSD terms we have some kind of parabolic movement forming.

A parabolic movement would be rather sweet.

cryptimus prime

hero member

Activity: 493

Merit: 551

The Monero pump came shortly before the BTC pump, but in USD terms we hit ATH and still bullish. On 1D XMRBTC chart the bollinger get tighter and we also proceed more horizontal into the triangle which defines the trend on 1D scale. The outbreak from this will be huge. In XMRUSD terms we have some kind of parabolic movement forming.

Zegra

member

Activity: 112

Merit: 10

I am not a specialist in chart analysis, quite a beginner actually (but I've always been a fast learner Wink

) but I did take a look at the all-time chart of XMR :

The Monero bubble has popped twice in the past (but it didn't seem like a big pop when seen in fiat, because of the rising BTC price), always at 0.022 BTC. We keep seeing higher and higher lows, having a shot at the 0.022 always sooner and sooner.
It seems reasonable, if we were to reach the 0.022 resistance again and again, and when it eventually breaks (could be in a few weeks / months according to this graph, or sooner if good news arises and the trend accelerates). Super bubble will form then? (like Bitcoin does every cycle, surpassing previous ATH) Or, like the common crypto folk call it: MOONSHOT?
My friends, I think we are sitting on a sleeping giant. I've always thought this, by thinking critically about other coins and how the monero devs sounded to me and thinking about the specs of this coin. Now the chart is confirming it.

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: LennyCarl on May 20, 2017, 05:44:56 PM

OK, ELI5. How does the candle go green so tall then fall so red? Break it down for me. (I understand general stuff but how/who makes it happen so quickly?)

One thing I've noticed over the past month is these big spikes usually go back to where they started from. Like a few weeks ago when the price went from 0.019 to 0.022 in a matter of minutes, stayed there for a few hours and then dumped right back to where it was.

My guess is one of the Polo pumpers notices that the price has been fairly stable or maybe has a part in accumulating some, then tries to orchestrate a big move hoping that others will follow. They sell off some coins for a profit then dump it back down to where they started from. It happens quickly because they don't want someone else to beat them at their little game.

KeyJockey

hero member

Activity: 608

Merit: 509

Quote from: OrangeP on May 20, 2017, 05:09:58 PM

Monero is being used in real business. It's a bit different to other coins.

If your business earns money in Monero, you are inclined to sell gradually at tops like this.
There is more selling pressure, as real people with real businesses rely on it (legal or not doesn't matter..).
As stated very often here, the price is way more natural. So the dip from $37 to $34 is no surprise.

We'll be >$40 in less than 2 months.

Great to-the-point, clear-insight post here. +1 all the way.

No, strike that... +100 in fact : this goes a long way to very simply helping explain and understand the "WTF" nature of XMR lately.

Monero is different. Monero is special. It ain't no damn just-another-clone shitcoin and it AIN'T No DAMN Pump&Dump vehicle.

MONERO IS REAL MONEY.

If I wasn't already all-in now (from taking the plunge MONTHS ago) I'd sure as shit be doin' it now... LOL

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: volyova on May 20, 2017, 06:57:34 PM

Good luck, guys.

Thanks Volyova Wink

volyova

legendary

Activity: 910

Merit: 1000

Good luck, guys.

prabakharras

sr. member

Activity: 546

Merit: 250

Anyone pick some up in the slight dip? https://www.coingecko.com/en/price_charts/monero/usd

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: LennyCarl on May 20, 2017, 05:44:56 PM

OK, ELI5. How does the candle go green so tall then fall so red? Break it down for me. (I understand general stuff but how/who makes it happen so quickly?)

Buy low. sell high. When its low, someone(s) buy and buy, make it go high. Its high, someone(s) sell because it's high, make it go low. Volatility tends to draw volume, exacerbating moves. FOMO.
BTW, looks like it's not over just yet...

Topic: [XMR] Monero Speculation - page 736. (Read 3314330 times)