[XMR] Monero Speculation - page 887.

phoenix rises

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Quote from: medusa13 on December 31, 2016, 11:05:49 AM

yeah sure people trade into their own orders to "test the waters" Roll Eyes

and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data" Grin

happy new year guys, lets pop some barolos tonight Kiss

Yup, they do. Always have and always will. Part of The Great Game. Obviously if they are all your own orders it achieves nothing lol (or maybe just sthg different ....) and I was not implying that Cheesy

Happy new year to you too Wink

medusa13

sr. member

Activity: 453

Merit: 500

hello world

yeah sure people trade into their own orders to "test the waters" Roll Eyes

and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data" Grin

happy new year guys, lets pop some barolos tonight Kiss

phoenix rises

member

Activity: 69

Merit: 10

Quote from: alichang on December 31, 2016, 10:34:15 AM

The train is already gone...

Yup, time for another shot at .015

@ kurious + TC ... thanks, and may 2017 be a prosperous year for us all

And yeh, my nick is more of a prediction than a name lol

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: phoenix rises on December 31, 2016, 10:14:28 AM

Quote from: kurious on December 31, 2016, 07:53:01 AM

Quote from: TrueCryptonaire on December 31, 2016, 07:33:35 AM

Quote from: kurious on December 31, 2016, 07:21:09 AM

Quote from: TrueCryptonaire on December 31, 2016, 05:24:56 AM

Quote from: kurious on December 31, 2016, 05:03:08 AM

Nice price action - someone wants a lot of XMR....

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers. It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side. Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise. Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that? I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge. Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017. What I did not think was we would end this year at this level - I am a happy Hodler*.

*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)

just a little bit of probing before the next move ... Wink

I love your nick.
Monero is the Phoenix that rises from the ashes.
I hope there will be some fresh green candles and high level of liquidity so that even the bitcoin maximalists dare to invest into Monero.
I am thinking I could be a market maker when the price is high enough for me. Now to make markets is a risky business since the cost might be the loss of your coins unless you have a lot of coins (which I do not have).

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: phoenix rises on December 31, 2016, 10:14:28 AM

Quote from: kurious on December 31, 2016, 07:53:01 AM

Quote from: TrueCryptonaire on December 31, 2016, 07:33:35 AM

Quote from: kurious on December 31, 2016, 07:21:09 AM

Quote from: TrueCryptonaire on December 31, 2016, 05:24:56 AM

Quote from: kurious on December 31, 2016, 05:03:08 AM

Nice price action - someone wants a lot of XMR....

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers. It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side. Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise. Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that? I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge. Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017. What I did not think was we would end this year at this level - I am a happy Hodler*.

*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)

just a little bit of probing before the next move ... Wink

A pleasing analysis.

Happy New Year, Sir

alichang

full member

Activity: 122

Merit: 100

The train is already gone...

phoenix rises

member

Activity: 69

Merit: 10

Quote from: kurious on December 31, 2016, 07:53:01 AM

Quote from: TrueCryptonaire on December 31, 2016, 07:33:35 AM

Quote from: kurious on December 31, 2016, 07:21:09 AM

Quote from: TrueCryptonaire on December 31, 2016, 05:24:56 AM

Quote from: kurious on December 31, 2016, 05:03:08 AM

Nice price action - someone wants a lot of XMR....

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers. It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side. Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise. Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that? I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge. Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017. What I did not think was we would end this year at this level - I am a happy Hodler*.

*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)

just a little bit of probing before the next move ... Wink

koryu

hero member

Activity: 681

Merit: 507

seems like xmr is the best performing crypto this year

congratz to all holders and happy new year 2017

I think we will find a new fair value for monero once this revaluation is over and i expect it to be above 15$

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: TrueCryptonaire on December 31, 2016, 07:33:35 AM

Quote from: kurious on December 31, 2016, 07:21:09 AM

Quote from: TrueCryptonaire on December 31, 2016, 05:24:56 AM

Quote from: kurious on December 31, 2016, 05:03:08 AM

Nice price action - someone wants a lot of XMR....

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers. It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side. Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise. Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that? I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge. Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017. What I did not think was we would end this year at this level - I am a happy Hodler*.

*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: kurious on December 31, 2016, 07:21:09 AM

Quote from: TrueCryptonaire on December 31, 2016, 05:24:56 AM

Quote from: kurious on December 31, 2016, 05:03:08 AM

Nice price action - someone wants a lot of XMR....

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers. It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: TrueCryptonaire on December 31, 2016, 05:24:56 AM

Quote from: kurious on December 31, 2016, 05:03:08 AM

Nice price action - someone wants a lot of XMR....

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers. It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: kurious on December 31, 2016, 05:03:08 AM

Nice price action - someone wants a lot of XMR....

I can't blame him/her.

kurious

legendary

Activity: 2604

Merit: 1748

Nice price action - someone wants a lot of XMR....

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: CTTE on December 30, 2016, 01:45:43 PM

Quote from: kurious on December 30, 2016, 12:51:12 PM

Quote from: CoinCidental on December 30, 2016, 12:16:59 PM

Quote from: kurious on December 30, 2016, 12:08:12 PM

Quote from: CoinCidental on December 30, 2016, 11:08:09 AM

Quote from: sandiman on December 30, 2016, 09:52:21 AM

Quote from: kurious on December 30, 2016, 07:53:38 AM

Quote from: CryptoPH on December 30, 2016, 06:05:04 AM

Quote from: sandiman on December 30, 2016, 05:10:32 AM

As expected still fighting with supply in that zone, careful with a potential h&s for people longing on margin.

It's happening...could be a retest of 0.012.

Surprisingly bearish, I was not expecting under 0.013... maybe it was all about the GUI and now Alt market money is looking for underpriced options....

Any TA-savvy crystal ball gazers want to extrapolate from here?

it has been done already, scroll up between 1 and 3 pages, can't remember.

thx for your input on the T/A chart but you make a few assumptions i wouldnt be 100% sure about
the august bagholders may not be the current sellers since the price tanked very low in september oct,nov etc and
people maybe have doubled their money and then some by buying in thiose months of epic crashdom .....

i thin its still a good bit too early for xmr to bloom and people who got biten by the last OASIS and ALPAHABAY scam wont be so
quick to throw millions of dollars into the fire again so easily ,at least until we get some more real use cases ......

Scam?

Do you mean the price rise associated with the news of XMR adoption?

Because your use of 'scam' seems to be aimed at XMR. Oasis may have been an exit scam - but I doubt much (if any) XMR were lost. One small dark market disappeared (with punters BTC). So?

And Alphabay just opened up the dark markets to XMR, not sure how that qualifies as a scam, either.

Care to explain what you meant?

oasis and alphabay buys up all the cheap xmr
then they go public and announce their news
even went so far as to advise their customers to stock up on xmr for future purchases
customers bought xmr up to near $16 iirc
oasis ran away with everybodys money and alphabay faked a wallet problem and monero was unusable for awhile
these factors resulted in severe losses for lots of their customers
i would call that a scam but you could also say it was a tragic set of unforeseen circumstances which occured naturally at worst possible timing
your choice....

(btw i like monero and i am a signifigant hodler,i am not blaming the coin itself for the actions of the guilty in case it sounded like that)

I think Alphabay were / are perhaps genuinely interested - and I cannot know how they might have benefited - but pre GUI it was badly implemented at first. Oasis was an exit scam, yes, but it is hard to know if much or any XMR was lost, other than in speculation around the announcement.

But thank you for clearing up this wasn't a scam of XMR's making, which is what I sought. Like you I hold XMR, so I don't want fresh eyes looking at XMR to think we (those who support XMR on here) approve, or were complicit in any scams.

We can't blame XMR for how XMR is used, even if it is used for dubious financial gains.

It boils down to this being insider trading on the part of Alphabay and because nothing is "really" regulated in crypto who's going to do anything about it? And, let's be honest, what would you expect from a darknet market place. They know they are going to announce using XMR and in the meantime they buy a pretty good stash in stealth mode at very low prices, make the announcement, encourage vendors to stock up and we end up with an ATH and they make some serious cash. If you were running even a legal business online you may do something similar given the opportunity.

Sure, I cannot argue with that, this is crypto after all and nothing would surprise me. I just wanted to be clear whatever exchanges did was not down to Monero.

Also - potential gains made by Alphabay aside - the benefits of XMR's anonymity was probably why it was picked, it does make sense for DNM to use the best anon currency after all.

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: cryptimus prime on December 30, 2016, 08:03:36 PM

Quote from: virasog on December 30, 2016, 12:13:01 PM

My prediction is that Monero can correct to 13 ot 13.25 USD levels and then test 15 USD levels. If it can break out from 15 USD then expect higher levels. I feel it is good to buy at the present levels and wait to book profits 15 USD for traders.

I think similar like you.

I almost posted this earlier, as I'm in agreement. it's the next mental/logical barrier, it won't be long based on the dev's and upcoming HF.

cryptimus prime

hero member

Activity: 493

Merit: 551

Quote from: virasog on December 30, 2016, 12:13:01 PM

My prediction is that Monero can correct to 13 ot 13.25 USD levels and then test 15 USD levels. If it can break out from 15 USD then expect higher levels. I feel it is good to buy at the present levels and wait to book profits 15 USD for traders.

I think similar like you.

saddambitcoin

legendary

Activity: 1610

Merit: 1004

The daemon communicates with the network.

The command line wallet does interact with the daemon but it has it's own commands, does not invoke commands on the daemon.

Both of these are standalone applications.

A wrapper would be an abstraction of some sort that invokes the commands on a parent application through a secondary interface.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: Hueristic on December 30, 2016, 02:03:55 PM

Quote from: hyc on December 30, 2016, 01:52:00 PM

Quote from: Hueristic on December 30, 2016, 12:25:33 PM

Quote from: hyc on December 30, 2016, 12:18:19 PM

Quote from: Hueristic on December 29, 2016, 11:29:11 AM

As I understand it, the GUI is a wrapper that passes calls to the daemon ergo if you use the cli to make those calls then you should not hurt anything. I am guessing as I did none of the programming. The only pitfall I can forsee is that the gui would not refresh from those cli calls and display previous data but that is a rookie move and I can't imagine this team putting out something that lame.

As usual feel free to correct me guys, I'm just making educated guesses from experience on other projects.

No, the GUI is not a wrapper. It is a full wallet, just like the CLI.

The CLI sends commands to the Daemon correct? That makes it a wrapper correct?

No. I did some of the programming, and you are wrong. Next time don't ask "feel free to correct me" if you're just going to ignore it.

I'm actually not arguing here, AFAIK the cli is a client that sends input to the daemon which does the necessary adjustments to the data set. So your saying that it does not?

I believe he is saying it is not a wrapper. There is a difference. A wrapper would be a GUI front end for the CLI executable. In this case the CLI and GUI wallets are equivalent. They both use the daemon, but neither is a wrapper. As far as I know the default QT bitcoin client at least used to work this way as well.

Hueristic

legendary

Activity: 3836

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Doomed to see the future and unable to prevent it

Quote from: hyc on December 30, 2016, 01:52:00 PM

Quote from: Hueristic on December 30, 2016, 12:25:33 PM

Quote from: hyc on December 30, 2016, 12:18:19 PM

Quote from: Hueristic on December 29, 2016, 11:29:11 AM

As I understand it, the GUI is a wrapper that passes calls to the daemon ergo if you use the cli to make those calls then you should not hurt anything. I am guessing as I did none of the programming. The only pitfall I can forsee is that the gui would not refresh from those cli calls and display previous data but that is a rookie move and I can't imagine this team putting out something that lame.

As usual feel free to correct me guys, I'm just making educated guesses from experience on other projects.

No, the GUI is not a wrapper. It is a full wallet, just like the CLI.

The CLI sends commands to the Daemon correct? That makes it a wrapper correct?

No. I did some of the programming, and you are wrong. Next time don't ask "feel free to correct me" if you're just going to ignore it.

I'm actually not arguing here, AFAIK the cli is a client that sends input to the daemon which does the necessary adjustments to the data set. So your saying that it does not?

hyc

member

Activity: 88

Merit: 16

Quote from: Hueristic on December 30, 2016, 12:25:33 PM

Quote from: hyc on December 30, 2016, 12:18:19 PM

Quote from: Hueristic on December 29, 2016, 11:29:11 AM

As I understand it, the GUI is a wrapper that passes calls to the daemon ergo if you use the cli to make those calls then you should not hurt anything. I am guessing as I did none of the programming. The only pitfall I can forsee is that the gui would not refresh from those cli calls and display previous data but that is a rookie move and I can't imagine this team putting out something that lame.

As usual feel free to correct me guys, I'm just making educated guesses from experience on other projects.

No, the GUI is not a wrapper. It is a full wallet, just like the CLI.

The CLI sends commands to the Daemon correct? That makes it a wrapper correct?

No. I did some of the programming, and you are wrong. Next time don't ask "feel free to correct me" if you're just going to ignore it.

Topic: [XMR] Monero Speculation - page 887. (Read 3314350 times)