With the recent hardfork it was proven that not more than 10% (+-5% for more accuracy) of the hash rate is botnet.
They're probably all just temporarily mining eth till the bubble implodes, or some other random coin in a bubble. You really seem to have an agenda. |
|
|
|
|
I think the bottom is in. Longs have been squeezed out, shorts should be in the process of closing, and new longs will open. Those of you with extra BTC on Polo should be putting in support at 300k.
|
|
|
|
|
XMR touched the trend line when BTC took off. Now BTC is at the top of the triangle and will probably drop again towards 400. XMR appears to be regaining its composure. I think there's a good chance the 335 area will hold. Former resistance area and strong buying under 340k.
|
|
|
|
|
I've had a pretty bad 2 weeks. I made the terrible decision to sell XMR and RADS just before they went up so I could buy ETH just before it went down. Then I bought back into XMR right before it dropped again. Now someone thinks they're a market manipulating wizard and is putting up sell walls.
If XMR drops much more you might not be hearing from me again, lol.
|
|
|
|
|
(100,000 / 1,000) per day / (24 / 6) = 25 per 6 hours
|
|
|
|
|
Portland, Oregon - 2:32 AM.
|
|
|
|
I'm in the USA  |
|
|
|
|
2.5 mil short term: days
10 mil medium term: weeks
25 mil long term: months
|
|
|
|
|
Finally got some profits out of XMR to buy more RADS. Just in time =)
|
|
|
|
|
This is an XMR thread, not an ETH thread. Please stay on topic and post your feelings about ETH in the ETH thread. Thanks.
|
|
|
|
|
I *was* in ETH in January. I'm now in XMR. See how that works? Pretty fancy stuff.
FUDsters make me sick.
|
|
|
|
Etherium has brought a lot of money into Poloniex.
Once people who have money in Etherium are awfully rich, Monero might be getting some investments from there also and it might mean a mega move in the price of XMR.
Therefore it is good not to start a war against ETH but start to tell them about a great opportunity to diversify their assets. ETH serves its purpose well and XMR has entirely different purpose (it's intended to be cash equivalent money).
Yep, exactly what I've been saying and factoring into my market cap predictions. Ethereum brought money, interest, and belief back into the alt world. That money sitting on the exchange has a tendency to drift as new people branch out to explore other trading opportunities. ETH might have made the phrase "Alts Are Back" finally true. I like ETH. I'm not holding any because I made my money on it and now it's more for day trading. I'm a day trader, but lately I've been working on a helper bot (not to trade for me, but to perform some basic tasks) and more interested in holding. So I'm just holding a metric fuck-ton of XMR and a bunch of RADS. |
|
|
|
|
What about the Ion Cloud, or is that the other dev's project?
|
|
|
|
|
I still don't buy that he's anything but a dumper, perhaps looking to jump on another train before it leaves the station (ETH?).
If he's a manipulator he's terrible at it.
Either way, I see nothing to worry about. He's what I call a "speed bump".
|
|
|
|
|
Interest in Radium is high. The market cap is low. This is a time to consolidate recent gains, let a few people off the train who boarded at a previous stop, and take on new passengers. Meanwhile the devs are working to bring you the Ion Cloud, which will fuel the train for the next trip. The way I see it you have two choices:
1) Buy now and hold, ignoring dips and day to day fluctuations; maybe buying more on serious dips.
2) Wait for a big green candle and hope to jump in at a higher price before it's too late.
I'm normally a day trader, but I know where this is headed in the short-medium term and I have no intention of selling a single coin in a laborious attempt to play the unpredictable panic/FOMO swings of this stage. When it goes to around 200k I'll take some profit and use part of it to swing trade until its next rise. So I'm firmly encamped in #1.
|
|
|
|
|
I've always believed, and if I were more businessman and less trader or coder I would have started it, that eventually you will have companies that guarantee transactions. If you go to a coffee shop and buy a latte, you run your "card", the company approves the transaction, you go on your way, and later the BTC actually arrives.
|
|
|
|
Remember: Even whales can be total noob traders.
What doesn't make sense is if he wanted to unload this, he is only hurting himself by forming walls like this. We agree |
|
|
|
|
Honestly, I never felt this was an attempt at manipulation. I've played with the scenario because so many people are considering it, but it just doesn't work out. There's no way he's buying all that back at a lower price. I think this is just some guy with a lot of XMR he wants to unload. Simple as that.
My trading became much more profitable when I stopped looking at everything from the fear-based perspective that the markets are all manipulated at all times. Sure there are some shenanigans, especially in lower volume coins, but coins like ETH, and soon XMR, are extremely difficult to control even with large amounts of money.
195k now? That'll go up in smoke.
Remember: Even whales can be total noob traders.
|
|
|
|
|
Show Posts
