~50% retrace of the rally & some significant support, maybe we'll see a bounce. If we are going to see new ATH any time soon then bulls should protect this levels. Else we will move to the next range 0.0016-0.0022.
edit: Many people are not afraid and saying that their average is ~0.002, maybe we need to see more pain and shake those people out?
Shaking out people who bough at 0.001 would be even better so lets wait for an all time low Ya, you wait for that ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 0.001 will be very difficult to reach, IMO.
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How easily sentiment changes to bearish...
Everything is red on polo on btc market now. So its not only xmr. eth is also getting hammered significantly. The question is where is bottom? I'm gonna go with 247 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) As I'm sitting there, perusing the chart, I note that there are 35K+ XMR down to 242. Thus far, an accumulation like that has typically been dumped on within a minute or so. And within a minute, it was. This is getting predictable. Final dump? Doubt it.
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How easily sentiment changes to bearish...
Everything is red on polo on btc market now. So its not only xmr. eth is also getting hammered significantly. The question is where is bottom? I'm gonna go with 247 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Now 250 is taking it in the knee caps. Almost there? 240 ish?
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So, how low is this gonna go?
I'd be interested to read some predictions too. I can make this the bottom. I will dump everything I have on polo (you probably won't notice) and that will cause an abrupt increase in price, never to revisit. Are y'all ready for this?!
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In other news my delayed btc did not arrive on Friday. Those incompetent fools ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Maybe Monday? This might be the first time a delay will be to my benefit. At this rate you can buy it all, with whatever you get next week. The depth chart will be a limp green string tied to a big fat red balloon ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Every dump follows with a 10k+ sell wall to get the price lower but it fails every time
When are they gonna stop? how much coins do they have left?
Ya, definitely not Alice Bob and Charlie taking profits. Someone is trying to exit a sizable position without A) completely trashing the market, B) leaving excess profit on the table. Was OTC considered? Good chance it would have been healthier for the bottom line. Of course, if the coins are on Polo, it might be difficult to get them off in a timely manner without supplying one's firstborn. You never know what goes on...
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How do you analize this?
[img]polo depth chart
Very, very quickly. For it will be unrecognizable as the same chart every few minutes ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It would appear that the margin shorts are mostly covered, using the lending pool size and rates as a reference. Each dump appears to increase the pool, rather than decrease it, though funds were added when the bid stack was bolstered as well.
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It seems 27ksat has to be retested and is not that probable that will hold. Betting at 23-25ksat as floor
Splash! testing... testing...
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Yeah, I think we're fucked mates re: Obongos/Legardes world wide tax dream "it is frightening for the less educated cheers for them"
They, the filthy unwashed masses are blissfully ignorant of what the fuck is going on, how can I take the blue pill again..
Sheeps always end up in the slaughterhouse. No wonder the masses pay 70%+ taxes, while the elite pay 0-1% collect it. FTFY
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Doom or massive shakeout? Opinions?
Shakeout. The bid stack went flat ~300 BTC, now its healthier again above 500. Far more bids pulled than filled.
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OMG lol pure manipulation this is insane millionaires getting in right now as i speak
180K moneroj changed hands there. And Poloniex has been laggy as )(*&% the whole time...
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Wall @ 355 again. And no, the grass is not greener ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) If it's not the same player, it would be nice to see a whale dance, as buyer eats seller in one bite, no slip. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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I do believe in Monero in the longrun, honestly I cant afford to invest alot though. should I see how it goes with say $25 or $50....and what price should I be looking to score XMR at? Sorry for the noob questions <3
of course the alternative is to mine it. Then you are supporting the network without a large investment. For that you will need a monerodo that some guy is selling ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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If we have, dare I say, a real long term buyer whale that is for the most part being fed by shorts this can get real interesting. Lets see how we fare without the wall!
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Time to pull back your dust sucking loan offers people. Demand is coming back, let's get some ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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... !!Run for your life, dumb little bull cow!! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs16.postimg.org%2Fn5hqwl0bp%2FCapture.png&t=663&c=dcEI_qwcM4gTgg)
Bull cow? WTF is that, some sort of bovine hermaphrodite?
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445 BTC buy wall @XMR isnt this just confirmation were going to the moon ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Walls are not reliable. However, the individual who put it there has the capability to moon us if he so desires. Putting it close to market price is a new one... Yeah, that was a bit surprising. Are there are no more takers? Untouched for 3 hours.
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another 15.000 XMR dumped into lol still holding
EDIT: 90BTC dumped into the wall another millionaire joining XMR?
The other purpose (besides fun) is to force up bids, in order to offload the asset. Occasionally your wall buys, but for the most part, you sell above the wall, assuming there are other bidders, in sufficient quantity to meet demand. Worst case, you end up with full bags at the wall price. Win - Win ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It will also has the potential to shake out some dumpers, and instigate a few shorts, making the ensuing (assuming) rise more powerful. Waiting. Watching.
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445 BTC buy wall @XMR isnt this just confirmation were going to the moon ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Walls are not reliable. However, the individual who put it there has the capability to moon us if he so desires. Putting it close to market price is a new one...
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