Good shit you guys seem to be smoking... price is too high at 2x the all time low?
Long squeeze?
This isn't all-inmarginlongdoubledownFINEX
Good luck shorting.
I wish Polo would announce the short/long ratios so people could see what is the situation. The fact is, there have been a lot of bitcoins borrowed from me at pretty hefty rate and Moneros very few borrowed even with relatively moderate rates...I am not shorting nor longing but lending since it is the only way the income is guaranteed. However I am a little bit worried for the people who are margin longing Moneros at Poloniex. I think I will get my bitcoins eventually paid back - anyway the 30 day maturity is running to the end soon so I will get the money back but I wonder if the borrower make any money if he or she waits until everybody start dumping and the bears will wake up. Anyone can follow bull-bear ratios indirectly by following the rates one can borrow any currency. This is partly flawed, because BTC could also be borrowed to go long on coins different than XMR. If you look at the volumes they are trading with other coins the total volume of trading with other coins that can be margin traded is hardly achieving the volume of XMR. I am not saying here BTC is not used to margin trade other coins but it is traded much less to other coins than XMR. Judging the huge premium on lending btc over lending xmr and having seen the difference in trading volumes in all the coins I can say it is not only XMR that is longed. |
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Good shit you guys seem to be smoking... price is too high at 2x the all time low?
Long squeeze?
This isn't all-inmarginlongdoubledownFINEX
Good luck shorting.
I wish Polo would announce the short/long ratios so people could see what is the situation. The fact is, there have been a lot of bitcoins borrowed from me at pretty hefty rate and Moneros very few borrowed even with relatively moderate rates... I am not shorting nor longing but lending since it is the only way the income is guaranteed. However I am a little bit worried for the people who are margin longing Moneros at Poloniex. I think I will get my bitcoins eventually paid back - anyway the 30 day maturity is running to the end soon so I will get the money back but I wonder if the borrower make any money if he or she waits until everybody start dumping and the bears will wake up. Anyone can follow bull-bear ratios indirectly by following the rates one can borrow any currency. |
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I am looking forward to long squeeze.
Personally I have some btc lent ages ago in Polo.. I am afraid there will be long squeeze as the dumpers will enter to the markets.
I hope for the sake of bagholders that 0.0016 will hold (it is not sure though in case if the long positions are not liquadated before.
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Why be so complicated in such a simple matter: everybody STFU and buy  We can still trade back and forth in a higher price range but the marketcap is much more satisfying.  If you want to buy this high, then go ahead but I am not a buyer now at this price point because I am speculating it will go lower from the current price as vgo told us. |
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better than losing money. Seriously, vgo isn't even saying anything negative about monero. What's wrong with you people?
Most of his interaction in this thread has been trollish imo... And I am not one to be overly quick to call someone a troll (and I am not calling him one) nor do I think speaking negatively about monero is trolling, but for some weeks most of his posts have seemed to be meant to taunt. All the - Master Of Trading-, - The Big Guy-, - The Strong Hand-, - I´m Moby-Dick- of this thread, they are becoming XMR in: - Monero: The coin of Pump and Dump -.... NO thanks!!! XMR outside Polotrap, now!!! What does this even mean?+Eddu(field?) bla, bla, bla... This isn't bad English, this is either lazy or trying to be evasive.+Instamine, bla, bla, bla... WTF?? ExactlyMonero!!! ( Sorry for my bad english, again.) "WTF?" Exactly my thought while reading this word salad. I don't know if you are talking about this thread, criticisms of dash, or some sort of insider game of fake walls? Complete sentences explaining your thoughts coherently would go a long way--a lot longer than saying you have bad English. If it is that bad, why are you here? This isn't a Rosetta Stone forum and your posts read like trolling. I understood well what he wanted to say. Not necessarily based on this particular post but based on the previous posts. He is trying to say the price should be lower in order to him to entering. I tend to agree: I am not that excited to buy Moneros at current price levels. I own Moneros (I am one of the early adopters since May-early June 2014) so I have one of the longest experience in Monero "game". I buy when I consider the price being right. I sell when I consider the price is too high. And I am telling pretty openly my aspirations. A few times I have been wrong (probably 1-3 times), but in the most cases I have been right. Bitcoin-wise I am richer now than I was when I did not own a single Monero, therefore I can say I have been a successful in my trading. No trader is 100 % of times right - it is enough a trader is 51 % of times right and he is making money. |
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The Internet, even Wikipedia, is full of information on levitation and antigravity. If someone is not educated, he would do better to educate himself first, and contribute later. For example Maglev train is a practical example of levitation. The train has mass, but it does not have weight, and if a scale is put beneath, it does not register gravity from the train or its passengers. There is no witchcraft going on (at least no attempted witchcraft  ) It just seems that the modern man is as hesitant to make scientific experiments as the man of the middle ages, and also as willing to ridicule the ones who do make them. The Zionists have invented a car that levitates. The link is a little bit old but still relevant. http://www.jewsnews.co.il/2014/09/07/israel-tests-its-new-flying-car-and-all-i-can-say-is-wow/ |
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Man that dump was hard, lets hope no one else is stupid enough to do that anymore.
He was not stupid. He was a prudent investor that realized the short lived pump was orchestrated by one individual and didn't have a comunity support behind. The community wants to buy the coin but not at any cost. If the price is right, I am also a buyer and if the price is too high I am a seller, simple as that. |
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We had a bottom already.
Whaaaaatt? But you said 0.0005 was going to be the bottom?? I thought you were supposed to be experienced and amazing and the genius to end all geniuses?
Guys, remember - I was here around prior many others who tries to be "smart" and are bitching me.
Some of you are noobs.
I consider myself one of the early adopter.
Save us wise one! Was your prediction of a 0.0005 bottom wrong? Also, if you're planning on selling at 0.0025... Correct me if I am wrong but it peaked already....? The pump is over, and the dump was fast and hard. Usually the dump is followed by a longish bearish trend. I do not know about you but personally I am not still buying since the price usually comes down. That seemed to be the initial dump. |
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We had a bottom already.
Whaaaaatt? But you said 0.0005 was going to be the bottom?? I thought you were supposed to be experienced and amazing and the genius to end all geniuses?
Guys, remember - I was here around prior many others who tries to be "smart" and are bitching me.
Some of you are noobs.
I consider myself one of the early adopter.
Save us wise one! Was your prediction of a 0.0005 bottom wrong? Also, if you're planning on selling at 0.0025... Correct me if I am wrong but it peaked already....? |
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Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox . Funny how you are always around at the top telling everyone not to sell and around at the bottom telling everyone not to buy. It's pathetically transparent. blah blah blah Go back to your hole please. Apparently you still have an open position with btc borrowed from me, am I rite? |
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Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox . Funny how you are always around at the top telling everyone not to sell and around at the bottom telling everyone not to buy. It's pathetically transparent. We had a bottom already. I told on trollbox and I will tell it here also: If Monero goes beyond 0.0025 I will transfer funds to Polo and start setting sell orders which you can take or leave and perhaps also dumping a few coins to buy orders. That's called profitable trading. You are right, I want to buy an overweighted position (now I have a "neutral position") but I don't want to buy in at this price. Guys, remember - I was here around prior many others who tries to be "smart" and are bitching me. Some of you are noobs. I consider myself one of the early adopter. I consider you a scammer and the most annoying person posting in the monero threads, regardless if you are bearish or bullish at a given point in time. Can you please go away? Maybe you could grace another coin community with your presence. I would not have dumped if you guys had supported the 0.004. Why would I? you think dumping a coin at a point nobody wants to buy it is scamming? Personally I think it is rational behaviour. I am not married to Monero and neither should you also if you want to increase your purchasing power. My advice is don't buy when nobody else is buying but dump like the end of the world is coming and buh back when the hope and confidence is restored. |
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To his credit, he did say that it's a good time to lend, and that is true.
Lending XMR was not a good idea but lending BTC is pretty profitable. The BTC rates are, I would say, hefty as so many people seems to like to take long positions on XMR and hardly anyone shorts it. I have been yelling the same message here many times but people seem not to listen but I get trolled all the time. |
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Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.
Funny that you, of all people, are saying that.  I wanted to make 0.004'ish a floor but failed thanks to the lack of community support so I dumped AFTER I got an answear from the community that they do not support that price. If others do not support, why should I? |
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Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox . Funny how you are always around at the top telling everyone not to sell and around at the bottom telling everyone not to buy. It's pathetically transparent. We had a bottom already. I told on trollbox and I will tell it here also: If Monero goes beyond 0.0025 I will transfer funds to Polo and start setting sell orders which you can take or leave and perhaps also dumping a few coins to buy orders. That's called profitable trading. You are right, I want to buy an overweighted position (now I have a "neutral position") but I don't want to buy in at this price. Guys, remember - I was here around prior many others who tries to be "smart" and are bitching me. Some of you are noobs. I consider myself one of the early adopter. |
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this is insane...... I saw it many times this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again.... would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time?  ? and would you push it higher and higher all the time.... Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter??? when we see finally some cryptocurrency with mechanism again P&D??? emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain..... https://www.facebook.com/eMunie.Currency?fref=tsafraid that ("negative") articles about founder were correct [1] The guy who put that buywall there already owns a lot of XMR. He could be propping up the price, but his last buywall was bought, so it also could be just a genuine buy wall whereby he doesn't care too much which price he'll get. [2] Although XMR is fairly P&D proof due to it's high inflation, there is no way you can exclude pumpers (speculators) at all and develop a cryptocurrency which is P&D resistant. As long as the cryptocurrency scene is unregulated for most part, it will attract people with malicous intents. Furthermore, P&D still exists on stock exchanges that are regulated, so probably regulation won't scare them off anyway. Yes. One needs to know at what price it is reasonable to buy. Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox. |
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this is insane...... I saw it many times this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again.... would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time? ? and would you push it higher and higher all the time.... Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter??? when we see finally some cryptocurrency with mechanism again P&D??? emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain..... https://www.facebook.com/eMunie.Currency?fref=tsafraid that ("negative") articles about founder were correct Finally a voice of sanity here. Thank you for your helpful post. Highly appreciated. |
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you mean 45 ? i need it to go even higher lets see how this develops, we still have to beat 26-27 first. patience yeah, but aint nobody got time for that. a very impressive wall from a loyal long time supporter. it might spark a new run up but this is not sure yet in my view. edit: lol i did not see he is wearing the 45 in this picture allready  Using reverse psychology: Warz has too many Moneros and therefore a need to sell some more to others. Therefore he is putting buy-orders to scare the sellers so that he is able to dump his coins. Once he has dumped, the wall is pulled away. Warz told he wants Monero go to 0.004, but I bet he has sold a large stash of his overweight by then. As said, I am not that interested to buy Moneros at this artificially inflated prices. However I am not selling neither since after all I am a long term supporter of Monero. Among the very first guys - over 1 year already I have owned Moneros. |
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I've been working with my new offline project during the weekend so I have not been able to follow the markets that well. Now as I came back online I noticed a big part of my bitcoins have been returned me, still some people are in long positions. Short position lending I used to have a few thousand coins at the peak (which was lame since my rates were usually the best ones as I wanted to employ my coins), now only less than 50 XMR are in short positions (I have cancelled the auto-renew function in all my lending activities). Just an observation....  ----- BTW, what happened on weekend? I saw a huge peak on volumes.... What's the story behind that? 1. Big Wall Man says "DUMP!" 2. People dump! 3. Wall no more.  4. Big Wall Man puts up even bigger wall! 5. Big Wall Man says "ahahahaha!" 6. End. Oh, sounds like Warz is attempting to build the foundation of his pump. He claimed it will go to 0.004.... Do you think it will really go that high? I mean, if he sets the target to price x, he needs to sell largish amount of coins and thus he needs to sell it below x (nobody is willing to buy at the peak and if the assumed peak is known by everyone, everyone try to sell prior to it and thus creates lower actual peak). Lol yea rite. More likely that someone misjudged exactly which orders were margined shorts, and Which ones were shorts, and which ones sold for good. I see a bunch of ground pounding on the market right now, but nothings moving. Soon as its less profitable to sell at this price than buy at a lower one, were just gonna be sub 20s again Lol Get some new trix fellas Shorts there weren't that many, this I know from my own experience, but my bitcoins were employed 100 % and pretty quickly when I fed the markets. That's based on my own experience. Being a lender on both sides gives me valuable information on what the traders actually think. Often it is different from what you read on forums. When it comes my personal position, I am not overweighted (as I was during the last pump earlier this spring) but nor malnutrinioned either. My position is pretty much balanced and I am satisfied what I have now. I have been lending also both btc and xmr and made some minimal amounts of coins (especially minimal amounts from xmr since the rates are pretty bad there). |
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Oh, sounds like Warz is attempting to build the foundation of his pump.
He claimed it will go to 0.004.... Do you think it will really go that high? I mean, if he sets the target to price x, he needs to sell largish amount of coins and thus he needs to sell it below x (nobody is willing to buy at the peak and if the assumed peak is known by everyone, everyone try to sell prior to it and thus creates lower actual peak)
You might find that Warz himself gets pushed out of the market; there are other players on the scene now who are seeking to move it back up to 0.0065. I don't think this would be very difficult at all. There are 8 000 000 Moneros that can potentially be dumped. Despite it is said by the coin owners "we will not dump", one need to be careful not to buy just before the great dump. A prudent buyer buys first his/her initial investment at low cost and when he has bought in, then drives the price up and creates a floor on higher level making his initially bought coins more valuable and creating the wealth "out of thin air". |
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I've been working with my new offline project during the weekend so I have not been able to follow the markets that well. Now as I came back online I noticed a big part of my bitcoins have been returned me, still some people are in long positions. Short position lending I used to have a few thousand coins at the peak (which was lame since my rates were usually the best ones as I wanted to employ my coins), now only less than 50 XMR are in short positions (I have cancelled the auto-renew function in all my lending activities). Just an observation.... ----- BTW, what happened on weekend? I saw a huge peak on volumes.... What's the story behind that? 1. Big Wall Man says "DUMP!" 2. People dump! 3. Wall no more. 4. Big Wall Man puts up even bigger wall! 5. Big Wall Man says "ahahahaha!" 6. End. Oh, sounds like Warz is attempting to build the foundation of his pump. He claimed it will go to 0.004.... Do you think it will really go that high? I mean, if he sets the target to price x, he needs to sell largish amount of coins and thus he needs to sell it below x (nobody is willing to buy at the peak and if the assumed peak is known by everyone, everyone try to sell prior to it and thus creates lower actual peak). |
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