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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: BillyBobZorton on August 28, 2016, 01:07:19 PM



Title: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BillyBobZorton on August 28, 2016, 01:07:19 PM
This coin has been forgotten for 1+ year since the first ATH happened, it never close to the last peak. Now, in a matter of days, we have seen the ATH getting destroyed and we are at a price higher than ever before.

Why is this happening? Is there any solid reasons, or is just a "buy rumor sell news" scenario?

Do people in dark markets are willing to use XMR when they need to buy BTC to begin with? whats the point?

Any technological advancements in XMR that I have missed?

Why this pump? I may get in but man this has to correct with a dip. Also im scared this can start crashing and become stagnant again. At the end of the day BTC will keep getting more anonymous with further updates.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: ShooterXD on August 28, 2016, 01:38:17 PM
Maybe cause they make a good move in this week and ethf gonna die soon?

Maybe xmr will take the ETH place soon


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: electronicash on August 28, 2016, 01:43:42 PM
Maybe cause they make a good move in this week and ethf gonna die soon?

Maybe xmr will take the ETH place soon

Not that we know of.

I'm also skeptical about this sudden pump of XMR. I have few XMR several months ago when its price was yet about $.50 solve them when it reached $1.50 for it stayed in this price for so long and i thought I've gained substantial amount. so it is surprising to see how its going up without the news of technological advancement.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BillyBobZorton on August 28, 2016, 02:31:33 PM
Maybe cause they make a good move in this week and ethf gonna die soon?

Maybe xmr will take the ETH place soon

Not that we know of.

I'm also skeptical about this sudden pump of XMR. I have few XMR several months ago when its price was yet about $.50 solve them when it reached $1.50 for it stayed in this price for so long and i thought I've gained substantial amount. so it is surprising to see how its going up without the news of technological advancement.

This is why im asking if XMR has done something about the problems they had when trying to scale their blockchain which was the heaviest blockchain in the market, for example.

If this is all due some news about dark net markets im not sure if it will hold this price.

Then again litecoin pumped 50 freaking dollars, so why cant XMR pump that high?


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Gaugh on August 28, 2016, 02:36:58 PM
Some guys with deep pockets decided to give XMR a try - why are you so worried?

Trade while you can still make profit and forget about long term holding - at least for now.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BillyBobZorton on August 28, 2016, 02:50:34 PM
Some guys with deep pockets decided to give XMR a try - why are you so worried?

Trade while you can still make profit and forget about long term holding - at least for now.

Yeah as if it was that easy. Who knows if you are getting right at the top before the dump to continued stagnation begins?


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: amacar2 on August 28, 2016, 02:56:29 PM
Maybe cause they make a good move in this week and ethf gonna die soon?

Maybe xmr will take the ETH place soon
I also see this possibility, XMR now have become a new coin to play with for whales and make profit. XMR may test ETH ATH (around 0.03BTC ). But buying XMR right now is still risky and price can correct anytime.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BillyBobZorton on August 28, 2016, 02:58:02 PM
Maybe cause they make a good move in this week and ethf gonna die soon?

Maybe xmr will take the ETH place soon
I also see this possibility, XMR now have become a new coin to play with for whales and make profit. XMR may test ETH ATH (around 0.03BTC ). But buying XMR right now is still risky and price can correct anytime.

I would hold both XMR and ETC. It seems they are the favorite coins of choice for whales to play with.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: European Central Bank on August 28, 2016, 03:18:28 PM
same bunch of pumpers as ever. freaking fibercoin had a monster pump and that didn't have a functioning blockchain and was delisted a few weeks later. it's great for the xmr holders but this is one pump of many. no doubt it'll settle a bunch higher than before no matter what happens. this shit is getting a little too transparent.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: manselr on August 28, 2016, 03:29:22 PM
same bunch of pumpers as ever. freaking fibercoin had a monster pump and that didn't have a functioning blockchain and was delisted a few weeks later. it's great for the xmr holders but this is one pump of many. no doubt it'll settle a bunch higher than before no matter what happens. this shit is getting a little too transparent.

Yeah but the thing is, when a coin that has good fundamentals and actual research and innovation is pumped, it may find a new floor and march towards higher prices. Look at ETH for example. Also Fibrecoin had shit volume, this pump has massive volume, so who knows if we are not going to 50 dollars.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: European Central Bank on August 28, 2016, 03:33:22 PM
yeah, it's definitely more of a realistic prospect than the other crap that's been pumped and it's not promising impossible stuff either. let's suck it and see.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: manselr on August 28, 2016, 03:45:46 PM
yeah, it's definitely more of a realistic prospect than the other crap that's been pumped and it's not promising impossible stuff either. let's suck it and see.

Did you buy? I tempted to get in now and hope im not the idiot buying at the top. By looking at the data, it's not far fetched this could be a Litecoin tier pump. The supply and fundamentals are all there.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: European Central Bank on August 28, 2016, 03:49:26 PM
no. the pumpers don't care about fundamentals and there aren't enough crypto users for everyday stuff to make a long term difference. and my timing always sucks anyway.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BitcoinNewsMagazine on August 28, 2016, 04:47:18 PM
If you look at the XMR/BTC chart accumulation started a couple of months before SIGAINT announced they had set up a public Monero node on Tor. You can see their announcement in this blog (https://bitcoinnewsmagazine.com/why-monero-may-become-the-best-performing-altcoin-of-2016/) post. After the announcement traders started buying Monero and the pump began. I always thought Monero was undervalued. Now it looks like a base at .01 may be in.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: LiskQH on August 28, 2016, 04:54:04 PM
I have information that Poloniex is involved in this pump MONERO, at them many coins have accumulated. They sell.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: generalizethis on August 28, 2016, 04:56:37 PM
I have information that Poloniex is involved in this pump MONERO, at them many coins have accumulated. They sell.

Sharing is caring--guess you don't care?


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: btcxyzzz on August 28, 2016, 09:25:07 PM
Maybe it's because it's simply the best anonymous crypto technology around?


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Das on August 28, 2016, 09:38:25 PM
Uh... second to the updated Bitcoin version, you mean? Because no coin is going to take the place of Bitcoin in any aspect of crypto.
 :D...
Just kidding.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: raphma on August 28, 2016, 10:32:13 PM
anonymity is the key in DNM, so why use mixers if you can buy some monero? and dont forget this is just the first step, with the rise of monero we will see new ways to buy it.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: chesthing on August 28, 2016, 10:45:30 PM
Monero is pumping now because it took this long for the pump team or whale to get enough of a percentage of the coin from dumpers to make it worth it to pump it. What dumbass is buying now is my question?


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Febo on August 28, 2016, 10:54:26 PM
Monero is pumping now because it took this long for the pump team or whale to get enough of a percentage of the coin from dumpers to make it worth it to pump it. What dumbass is buying now is my question?

The ones that dont want to stay empty handed. And the one that have some but fell it is to little.  Next week will start buying the one that will need them for Darkmarkets.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: chesthing on August 28, 2016, 11:09:48 PM
You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Febo on August 28, 2016, 11:29:21 PM
You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.

Seems the imbeciles love:

In a certain way, one could say that Monero has already replaced bitcoin in its original conception, namely as an anarchist currency.  Bitcoin has, unfortenately, become an half-institutionalized gambling/speculating tool with more and more demand for state justice, legal interference, and "mainstream regulation".   Most of the market cap of bitcoin is made of speculation as just another financial tool in the big toolbox of financial gamblers, and only a minuscule tiny fraction is devoted to the original goal of bitcoin, which was freedom from state, law and finance.  Monero still has most of that promise, as I don't think that its market cap is mainly driven by financial gamblers.  However, it is true that monero is, as far as I know, not (yet ?) used as a genuine currency, as bitcoin was at a certain point, on the dark net.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: generalizethis on August 28, 2016, 11:38:15 PM
You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.

If Roger Ver is right, you're the imbecile. (and it's 2.5X in the last 7 days)

https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: chesthing on August 28, 2016, 11:42:50 PM
You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.

If Roger Ver is right, you're the imbecile. (and it's 2.5X in the last 7 days)

https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049

Sorry, a week and a half. https://coinmarketcap.com/currencies/monero/#charts
Fuckin' pump and dump just like all the rest, trick.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: FabioCortes on August 28, 2016, 11:43:58 PM
I'm really surprised at what's going on, and seeking explanations for this. When was the first pump that took the currency to 0.008 I already felt "very risky to enter into a long-term operation" and now this. Anyway, observing these movements is really fascinating.  8) 8)


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: European Central Bank on August 28, 2016, 11:45:34 PM
how many freaking times have we been here just in the last few months? a few weeks back etc was gonna take over the world and destroy everything before it. a similar sort of time steemit was gonna destroy bitcoin and facebook and everything it stood for.

these cycles are so obvious it's giving me physical pain. monero does have the darknet thing going but steemit had the social thing, etc had the immutability thing and on and on and on.

throw in the emotiveness about blocksizes and fungibility and xmr is a prime candidate for appealing to people who are ready to hand over their bitcoin, probably the most compelling set of pegs to hang a pump on so far. the volume is reflecting that.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Gillette on August 28, 2016, 11:48:24 PM
Believe me no one in dark markets will use this guiless shit. Smooth aka rpietilla and his gang is pumping xmr.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: smoothie on August 29, 2016, 12:31:55 AM
Believe me no one in dark markets will use this guiless shit. Smooth aka rpietilla and his gang is pumping xmr.

didnt you know smooth = rpietila = his gang?

All the same person?  ::)


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Piston Honda on August 29, 2016, 02:51:15 AM
Monero is pumping now because it took this long for the pump team or whale to get enough of a percentage of the coin from dumpers to make it worth it to pump it. What dumbass is buying now is my question?

The ones that dont want to stay empty handed. And the one that have some but fell it is to little.  Next week will start buying the one that will need them for Darkmarkets.

lol aka dumbasses.

don't fall for this bot pump SHIT


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: ShooterXD on August 29, 2016, 09:48:41 AM
Deepweb start to use much more monero cause it is anon,. Prob this what cause this mega pump.
.i think monero dont get a huge dump.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Azael on August 29, 2016, 09:51:42 AM
XMR went from $25M to close to roughly $130M market cap on a DNM announcement.
FCT has Department of Homeland Security and a Wall Street firm amongst their clients.

There's a mismatch with the demographic of crypto here and many investors put their idealism before money. The US government and Wall Street are easily in the top 5 of what most crypto people despise and for this reason it'll take some time to reach price discovery. The kind of revenue US government and Wall street can generate stomps any shady DNM.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: arseaboy on August 29, 2016, 10:11:43 AM
Deepweb start to use much more monero cause it is anon,. Prob this what cause this mega pump.
.i think monero dont get a huge dump.
i guess still on its peak so no worry about the dump for now many still believed that monero will keeps on moving up and the still not done yet lets wait for the price to be more established, good luck mate hold still for some coins.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: generalizethis on August 29, 2016, 10:20:27 AM
XMR went from $25M to close to roughly $130M market cap on a DNM announcement.
FCT has Department of Homeland Security and a Wall Street firm amongst their clients.

There's a mismatch with the demographic of crypto here and many investors put their idealism before money. The US government and Wall Street are easily in the top 5 of what most crypto people despise and for this reason it'll take some time to reach price discovery. The kind of revenue US government and Wall street can generate stomps any shady DNM.


You have no idea how governments work, do you?

(I'll take a nice shady tree under the CIA any day)

https://www.iqt.org/


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: Red-Apple on August 29, 2016, 01:43:46 PM
This coin has been forgotten for 1+ year since the first ATH happened, it never close to the last peak. Now, in a matter of days, we have seen the ATH getting destroyed and we are at a price higher than ever before.

Why is this happening? Is there any solid reasons, or is just a "buy rumor sell news" scenario?

Do people in dark markets are willing to use XMR when they need to buy BTC to begin with? whats the point?

Any technological advancements in XMR that I have missed?

Why this pump? I may get in but man this has to correct with a dip. Also im scared this can start crashing and become stagnant again. At the end of the day BTC will keep getting more anonymous with further updates.

these things usually happen together, it means that it is not just the news, it starts with whales accumulating the coin then, they start pumping then they release the news and make it big and then others join it making the pump that much bigger.

otherwise a single news about darknet and monero is not going to generate mad amounts of demand overnight. these things take time.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: electronicash on August 29, 2016, 02:58:18 PM

I still suspect the users and those from DAO are moved to XMR causing the pump. This is for him to be untraceable.
The price of ETC went down and stayed for long this time i don't see it would move up later for the funds are already transfers through XMR.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BigSirko on August 29, 2016, 03:09:36 PM
This coin has been forgotten for 1+ year since the first ATH happened, it never close to the last peak. Now, in a matter of days, we have seen the ATH getting destroyed and we are at a price higher than ever before.

Why is this happening? Is there any solid reasons, or is just a "buy rumor sell news" scenario?

Do people in dark markets are willing to use XMR when they need to buy BTC to begin with? whats the point?

Any technological advancements in XMR that I have missed?

Why this pump? I may get in but man this has to correct with a dip. Also im scared this can start crashing and become stagnant again. At the end of the day BTC will keep getting more anonymous with further updates.

these things usually happen together, it means that it is not just the news, it starts with whales accumulating the coin then, they start pumping then they release the news and make it big and then others join it making the pump that much bigger.

otherwise a single news about darknet and monero is not going to generate mad amounts of demand overnight. these things take time.

Isn't that the pareto rule in action?  Most of the low-capitalization coins are constantly being dumped by dumpers and those, with vision, have to buy off the attrition.

NEM was another example of that.  Sat at $1 million capitalization and people were dumping out a lot.  Later it hit $120-$150 million ATH.

Bitcoin took almost 5 years until it hit $1250.  5 years might be the golden number for accumulation.



Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BigSirko on August 29, 2016, 03:46:12 PM
XMR went from $25M to close to roughly $130M market cap on a DNM announcement.
FCT has Department of Homeland Security and a Wall Street firm amongst their clients.

There's a mismatch with the demographic of crypto here and many investors put their idealism before money. The US government and Wall Street are easily in the top 5 of what most crypto people despise and for this reason it'll take some time to reach price discovery. The kind of revenue US government and Wall street can generate stomps any shady DNM.


You have no idea how governments work, do you?

(I'll take a nice shady tree under the CIA any day)

https://www.iqt.org/

More probable scenario is the US-based Poloniex would be leaned on and/or shut down.  Worse case scenario, staff who work at Poloniex themselves could face criminal charges.  Charlie Shrem and a couple of others went to prison for acting as a medium for Silkroad customers.  Poloniex is arguably doing the same thing for the DNMs.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: tiggytomb on August 29, 2016, 03:52:56 PM
I thought also that Monero was done apart from those people that throw in the word Monero to random topics.  When I saw this rise I was quite tempted to jump but I resisted, I think it is due mainly to the darknet interest.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: satmas on August 29, 2016, 04:01:34 PM
The darkmarkets accepting bitcoin is probably a part of the reason why XMR is being pumped, but it can't be the only reason.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BillyBobZorton on August 29, 2016, 06:01:36 PM
The darkmarkets accepting bitcoin is probably a part of the reason why XMR is being pumped, but it can't be the only reason.

Well, you tell me then what it is? I have been asking, and no one has replied me with anything convincing. No technological advancements on their technology, they have not solved the bloated big sized blockchain and slow transactions per second (way slower than bitcoin) and so on.. so if XMR transaction volume rises, it will be really slow.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BigSirko on August 29, 2016, 06:06:30 PM
I don't give a benefit of the doubt to "speculators".  These darknets are already accepting Bitcoin and some of them accept other alternatives too.  A lot of the sheep investors who probably think Monero has some exclusive contract, like how businesses are either pepsi or coke.  :D


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: BillyBobZorton on August 29, 2016, 06:12:42 PM
I don't give a benefit of the doubt to "speculators".  These darknets are already accepting Bitcoin and some of them accept other alternatives too.  A lot of the sheep investors who probably think Monero has some exclusive contract, like how businesses are either pepsi or coke.  :D

But bitcoin is not fungible enough yet, at least until we have confidential transaction and mimble wimble and more advanced technology like that.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: bbc.reporter on August 30, 2016, 01:48:31 AM
This coin has been forgotten for 1+ year since the first ATH happened, it never close to the last peak. Now, in a matter of days, we have seen the ATH getting destroyed and we are at a price higher than ever before.

Why is this happening? Is there any solid reasons, or is just a "buy rumor sell news" scenario?

Do people in dark markets are willing to use XMR when they need to buy BTC to begin with? whats the point?

Any technological advancements in XMR that I have missed?

Why this pump? I may get in but man this has to correct with a dip. Also im scared this can start crashing and become stagnant again. At the end of the day BTC will keep getting more anonymous with further updates.

Part of it is due to the news that darknet markets are accepting XMR. Do not deny it, it is big news. Also most of the rise is due to the traders pumping the price then selling them to the speculators, then pumping it again then selling again higher. Well you know the drill. It will go as high as it can until there are no buyers because the rise will surely end. We have seen this everywhere even in the real markets around the world. In the cryptosphere it happens much faster.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: owm123 on August 30, 2016, 11:09:28 AM
I don't give a benefit of the doubt to "speculators".  These darknets are already accepting Bitcoin and some of them accept other alternatives too.  A lot of the sheep investors who probably think Monero has some exclusive contract, like how businesses are either pepsi or coke.  :D

Which alternatives? Dash was accepted for a moment by, forgot the name, Nuceuils? market? The market is gone now and dash support in darknet.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: asriloni on August 30, 2016, 11:29:07 AM
The darkmarkets accepting bitcoin is probably a part of the reason why XMR is being pumped, but it can't be the only reason.
huh ? does this the sentence that I bold above have anything to do with XMR? bitcoin just being accepted in the darknet from an age ago and thus XMR still not yet exist,how dare it could giving effect to the current XMR price being pumped? I think there's really wrong with this statement


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: ShooterXD on August 30, 2016, 11:32:27 AM
Get ur ilegal btc, Exchange it to monero, go to other Exchange , get ur btc back, and now u laundry ur money


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: chesthing on September 01, 2016, 11:18:15 PM
You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.

If Roger Ver is right, you're the imbecile. (and it's 2.5X in the last 7 days)

https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049

Sorry, a week and a half. https://coinmarketcap.com/currencies/monero/#charts
Fuckin' pump and dump just like all the rest, trick.

Stupid fuckin' wankers buying at $10 should find another hobby quick. This was nothing more than a pump/dump.


Title: Re: Is the XMR pump all due some darkmarkets announcing they will add it?
Post by: generalizethis on September 02, 2016, 02:38:35 AM
You gotta be the imbecile from hell to be buying any coin that has gone 10x+ in a week, but I suppose the trap door will fall when they run out of imbeciles as usual.

If Roger Ver is right, you're the imbecile. (and it's 2.5X in the last 7 days)

https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049

Sorry, a week and a half. https://coinmarketcap.com/currencies/monero/#charts
Fuckin' pump and dump just like all the rest, trick.

Stupid fuckin' wankers buying at $10 should find another hobby quick. This was nothing more than a pump/dump.

Pulls up BTC chart and glances at its progress after ATH...hmmmm--as long as Monero doesn't do that, I think we're good.