Topic: [XMR] Monero Speculation - page 892. (Read 3314350 times)
XMR having a secular rally nestled within a BTC rally, who'd have thought?
Welcome to the XMR festival
I have to admit that I stopped reading this topic since ATH, those old conversation from where it was easy to learn stuff now disappeared in a flood of low level speculation, that needs to be filtered before getting to actual valuable data.
XMR is looking very good, cheers to the old guys that waited so long for that moment, hope it's the beginning of a long ride.
XMR is looking very good, cheers to the old guys that waited so long for that moment, hope it's the beginning of a long ride.
Its mainly a psychological game imo. So the whale, manipulator, whatever you want to call him/her sets certain boundaries which the impatient act on depending on fear/greed ratio set. That has probably the most important lesson for me: buy quality preferably in the red (due diligence: ensure no unfolding negative dramas etc/eth) and just be patient. Watch the games and hold your horses. Do not be rattled. All TA in the world is bs if someone with a certain gravity wants to play. Its like mini Soros's floating about playing journey to Jerusalem with the emotional trader.
Other than that: you found XMR and current prices will look dirt cheap soon (tm). NB: The usual disclaimers.
Thanks a lot for putting it so succinctly! It is what I was thinking (but condensed much clearer... I love the phrase "boundaries which the impatient act on depending on fear/greed ratio") but I just wanted a little more of a glimpse into the technicals that get mentioned (ever so cryptically) in this thread. (Just so it makes it seems more like I'm working for this income, sort of...LOL)
Just imagine the opposition in trading as a bunch of goons in a shady office, planning on a whiteboard how to take over the whole market. They plan like 'if we pump coin X now and troll a little in thread of coin Y and then we dump coin Z, all these muppets will be confused and we take off with the diamonds'.
Nothing is real, except the force, luke, the force of the fundamentals.
LOL, Suppression is really trying to hold 0.01370000
137 down from 100btc to 10.
for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.
resistance shattered maybe he got his full?
24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
Read it carefully a couple more times.
Everything he is saying is petty clear if you stop and digest each word.
Petty sure at least one player is done now anyway..
"137 down from 100 btc to 10"
Does this mean that a whale pretended to want to sell 100 btc worth (a wall's worth) of XMR (in effect suppressing price down to 0.0137) but then changed his mind (or wall/resistance got bought up(?)). The implication is that with a big offer of selling at 0.0137, other weaker hands will sell just above this point, right into the whales hands?
Then the fact that the price dropped below this point means the whale definitely filled his buy needs but is technically slightly down in value (for the moment because he thinks demand will go up from there...whales are usually smart?)
"A whale dumping into his own bids"
This is the weird one. So a true whale can drive price down to this 100 btc sell wall (0.0137) ? I guess so since the market cap can easily be influenced by tens of btc's. Seems too easy...
Which brings up a buy wall? Is this where a "whale" puts up a big buy price lower than the current market price to implicate a stronger demand at that lower price?
The volume ratio is showing the relative trading activity, with XMR much higher than usual?
Its mainly a psychological game imo. So the whale, manipulator, whatever you want to call him/her sets certain boundaries which the impatient act on depending on fear/greed ratio set. That has probably the most important lesson for me: buy quality preferably in the red (due diligence: ensure no unfolding negative dramas etc/eth) and just be patient. Watch the games and hold your horses. Do not be rattled. All TA in the world is bs if someone with a certain gravity wants to play. Its like mini Soros's floating about playing journey to Jerusalem with the emotional trader.
Other than that: you found XMR and current prices will look dirt cheap soon (tm). NB: The usual disclaimers.
Thanks a lot for putting it so succinctly! It is what I was thinking (but condensed much clearer... I love the phrase "boundaries which the impatient act on depending on fear/greed ratio") but I just wanted a little more of a glimpse into the technicals that get mentioned (ever so cryptically) in this thread. (Just so it makes it seems more like I'm working for this income, sort of...LOL)
LOL, Suppression is really trying to hold 0.01370000
137 down from 100btc to 10.
for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.
resistance shattered maybe he got his full?
24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
Read it carefully a couple more times.
Everything he is saying is petty clear if you stop and digest each word.
Petty sure at least one player is done now anyway..
"137 down from 100 btc to 10"
Does this mean that a whale pretended to want to sell 100 btc worth (a wall's worth) of XMR (in effect suppressing price down to 0.0137) but then changed his mind (or wall/resistance got bought up(?)). The implication is that with a big offer of selling at 0.0137, other weaker hands will sell just above this point, right into the whales hands?
Then the fact that the price dropped below this point means the whale definitely filled his buy needs but is technically slightly down in value (for the moment because he thinks demand will go up from there...whales are usually smart?)
"A whale dumping into his own bids"
This is the weird one. So a true whale can drive price down to this 100 btc sell wall (0.0137) ? I guess so since the market cap can easily be influenced by tens of btc's. Seems too easy...
Which brings up a buy wall? Is this where a "whale" puts up a big buy price lower than the current market price to implicate a stronger demand at that lower price?
The volume ratio is showing the relative trading activity, with XMR much higher than usual?
Its mainly a psychological game imo. So the whale, manipulator, whatever you want to call him/her sets certain boundaries which the impatient act on depending on fear/greed ratio set. That has probably the most important lesson for me: buy quality preferably in the red (due diligence: ensure no unfolding negative dramas etc/eth) and just be patient. Watch the games and hold your horses. Do not be rattled. All TA in the world is bs if someone with a certain gravity wants to play. Its like mini Soros's floating about playing journey to Jerusalem with the emotional trader.
Other than that: you found XMR and current prices will look dirt cheap soon (tm). NB: The usual disclaimers.
LOL, Suppression is really trying to hold 0.01370000
137 down from 100btc to 10.
for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.
resistance shattered maybe he got his full?
24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
Read it carefully a couple more times.
Everything he is saying is petty clear if you stop and digest each word.
Petty sure at least one player is done now anyway..
"137 down from 100 btc to 10"
Does this mean that a whale pretended to want to sell 100 btc worth (a wall's worth) of XMR (in effect suppressing price down to 0.0137) but then changed his mind (or wall/resistance got bought up(?)). The implication is that with a big offer of selling at 0.0137, other weaker hands will sell just above this point, right into the whales hands?
Then the fact that the price dropped below this point means the whale definitely filled his buy needs but is technically slightly down in value (for the moment because he thinks demand will go up from there...whales are usually smart?)
"A whale dumping into his own bids"
This is the weird one. So a true whale can drive price down to this 100 btc sell wall (0.0137) ? I guess so since the market cap can easily be influenced by tens of btc's. Seems too easy...
Which brings up a buy wall? Is this where a "whale" puts up a big buy price lower than the current market price to implicate a stronger demand at that lower price?
The volume ratio is showing the relative trading activity, with XMR much higher than usual?
LOL, Suppression is really trying to hold 0.01370000
137 down from 100btc to 10.
for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.
resistance shattered maybe he got his full?
24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
Read it carefully a couple more times.
Everything he is saying is petty clear if you stop and digest each word.
Petty sure at least one player is done now anyway..
...
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
Not really, try reading the links those that trade drop in here and watch the market. Nothing beats years of watching it.
This is an amazing occurrence in Poloniex. Before it was litecoin that followed bitcoin going up beyond ATH. An observant person could now see that Monero is the real silver to bitcoin's gold. A 50 dollar XMR could happen at the first half of next year.
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
Anti-virus found a threat at that link - blocked as malware. Beware
[/quote]
Sorry. All I did was try to edit the quote I was replying to but it got all jacked up on my mobile. I'll remove that link which I assumed was to that Picard pic.
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
[/quote]
Anti-virus found a threat at that link - blocked as malware. Beware
When will governments start to put pressure on monero? Is it just too small and not taken serious yet?
I've thought about this quite a bit in the past, but I can't really get my head around a solid answer for one primary reason.
Granted, it's a foregone conclusion that "governments" will WANT to "put pressure" on any competitive currency that they feel is excessively out of their control be it bitcoin or monero or zcash or whatever.
But in the case of XMR how exactly would this pressure work? Precisely BECAUSE it's anonymous, untraceable, un-linkable etc there is more than enough plausible deniability that someone IS NOT EVEN USING IT at all, already, right from the start... isn't there?
So, basically, if the PTB tried to "ban Monero" and everyone just SAYS, "Oh, yeah, I hate that coin! I never use it! That's only for criminals!"
But all the while, just the same, IF everyone is simply going ahead and USING it anyway? If nobody can *prove* that any transactions or coins or anything actually *belongs* to anyone in particular, what can be done about it anyway?
Isn't it really this simple or what am I missing about how "banning" something that's fundamentally "anonymous" really can never work?
Looks pretty good, a critical mass was reached. Now there is a realistic chance, to really build the secure, private, untraceable, fair and distributed payment system. That is needed and wanted by many of us.
A year ago there was some fear, Monero could have/run into a problem, appealing to new users and get big/relevant (market cap, media, conservative dev approach) enough to ever be a serious contender.
Now it's in our hand.
A year ago there was some fear, Monero could have/run into a problem, appealing to new users and get big/relevant (market cap, media, conservative dev approach) enough to ever be a serious contender.
Now it's in our hand.
Monero is #2 in volume today on coinmarketcap.com
Second only to Bitcoin in volume. (Monero 24hr volume = $10,682,800)
Sheesh, how is this possible with so few exchanges trading Monero?
Second only to Bitcoin in volume. (Monero 24hr volume = $10,682,800)
Sheesh, how is this possible with so few exchanges trading Monero?
It is possible because XMR/XBT on Poloniex is the 4th largest Bitcoin market. https://coinmarketcap.com/currencies/bitcoin/#markets I have seen in the past where it was the largest Bitcoin market.
Monero is #2 in volume today on coinmarketcap.com
Second only to Bitcoin in volume. (Monero 24hr volume = $10,682,800)
Sheesh, how is this possible with so few exchanges trading Monero?
Second only to Bitcoin in volume. (Monero 24hr volume = $10,682,800)
Sheesh, how is this possible with so few exchanges trading Monero?
Poloniex and Bitfinex are huge exchanges. Polo also offers margin trading. The rest of the altcoin market has been dead in volume so Monero will naturally be way up there in volume.
Monero is #2 in volume today on coinmarketcap.com
Second only to Bitcoin in volume. (Monero 24hr volume = $10,682,800)
Sheesh, how is this possible with so few exchanges trading Monero?
Second only to Bitcoin in volume. (Monero 24hr volume = $10,682,800)
Sheesh, how is this possible with so few exchanges trading Monero?
LOL, Suppression is really trying to hold 0.01370000
137 down from 100btc to 10.
for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while trying to hold a sell wall and accumulate everything that weak hands throw below that wall.
resistance shattered maybe he got his full?
24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR
Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.
...
That's the exact reason why I am donating to http://www.divineinformation.com/
You are right, they are not supposed to be there. They not only practice stealing (gezel) but even worse: they ridicule the name of the G-d (chilul haShem) which is even worse than stealing. To minimize sins they should hide their Jewishness in places like these.
Of course even better it is if they start acting like real kosher Jews and becoming an example to the rest of the world to make this world at least a little bit better place to live in.
That's the exact reason why I am donating to http://www.divineinformation.com/
You are right, they are not supposed to be there. They not only practice stealing (gezel) but even worse: they ridicule the name of the G-d (chilul haShem) which is even worse than stealing. To minimize sins they should hide their Jewishness in places like these.
Of course even better it is if they start acting like real kosher Jews and becoming an example to the rest of the world to make this world at least a little bit better place to live in.
I don't judge but I detest hypocrites, especially if they are pushing religion.
Resistance is crumbling, wish I had been able to acquire more last few months.
LOL, Suppression is really trying to hold 0.01370000
137 down from 100btc to 10.
for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while trying to hold a sell wall and accumulate everything that weak hands throw below that wall.
resistance shattered maybe he got his full?
24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR
...
That's the exact reason why I am donating to http://www.divineinformation.com/
You are right, they are not supposed to be there. They not only practice stealing (gezel) but even worse: they ridicule the name of the G-d (chilul haShem) which is even worse than stealing. To minimize sins they should hide their Jewishness in places like these.
Of course even better it is if they start acting like real kosher Jews and becoming an example to the rest of the world to make this world at least a little bit better place to live in.
That's the exact reason why I am donating to http://www.divineinformation.com/
You are right, they are not supposed to be there. They not only practice stealing (gezel) but even worse: they ridicule the name of the G-d (chilul haShem) which is even worse than stealing. To minimize sins they should hide their Jewishness in places like these.
Of course even better it is if they start acting like real kosher Jews and becoming an example to the rest of the world to make this world at least a little bit better place to live in.
I don't judge but I detest hypocrites, especially if they are pushing religion.
Resistance is crumbling, wish I had been able to acquire more last few months.
I hate hypocricy as well but the issue is it will cause damage to others who do not do things that are not allowed so for their sake it is better not to put kipa on head if one cannot resist the temptation (which is kinda natural for everybody and the idea is to be slightly higher to the natural).
People tend to judge/label the whole group based on a few individuals despite the majority may not act similarly than the black sheep.
I think Monero will be higher 1 year from now (not to mention a decade) as it is today so I feel pretty safe with my stash.
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