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901  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 02, 2016, 02:30:56 PM
Do we see 1000 btc Donald Trump type of bid wall near the market price at some point?  Grin
902  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 01, 2016, 07:15:03 PM
1 week chart for 30 min candles. Looks like we will see a break up or break down. Seems like the tension around Monero is intensifying on weekends.

The chart doesn't look clearly bullish nor bearish. The bearish part is that it looks it is making lower highs but also the bottoms are higher which is bullish..

Therefore, in the short run I do not know. In the long run I tend to think it is bullish.
903  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 01, 2016, 05:19:12 PM
I did a little research, because mostly this price surge is argumented with DNM's getting in the currency, which i still do not believe.

On Alphabay in median 1,9% 2737 are accepting XMR in drugs and chemicals from total 136877.
On Oasis in median 6,9% 264 are accepting XMR in drugs and chemicals from total 3813.

The last 0,018 hype on polo had over 100kBTC volume, with now residing somewhere at 0,014 with ~24kBTC volume.

So if 3001 vendors are responsible for over 100kBTC volume, every vendor in median had to have ~33BTC for playing wiht XMR, now somewhat around ~8BTC each if every vendor is actively trading --> possible but not likely.

Why, simply because these 100BTC to 800BTC buy walls would to have been built, in median, buy more than one vendor at the same time --> possible but not likely.

Even if, let's say 10% of the active vendors are actively trading with the new XMR (multiply the figures buy 10) which i still do not believe, this would be more unlikely to happen at the same time on the same place. The lending figures intensify my claim and theory of a single entity playing around and making the market to the contrary argument of "natural" growth  Roll Eyes

Think about it  Shocked

It is pretty obvious to everybody the hype we had 1 week ago was due to speculators or "market makers" (depending on which term you prefer).
However, the fact is vendors are now using XMR which creates natural demand which will eventually have a positive impact on the price. I am not expecting that by 23.59 1st of sept all the vendors are 100 % in xmr. That is delusional IMO. Let's give some time, few months, a couple years perhaps and see how high it ends up.
904  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XMR Monero price poll - what is XMR/BTC rate by Dec-31-2016 ?? on: September 01, 2016, 04:46:06 PM
There is the General Aminorex Law which states that the dump is on its way when Aminorex mentions term "bullish" attached to a certain coin and when he recommends to buy coffee beans, short oil, long cauliflower and wheat futures, there is a time to buy Monero actually.

However, this law can be applied on speculator games only. It doesn't necessarily work in current Monero environment that much anymore since there is also other things to do with Monero than tossing dies and throwing coins to  bids on Polo.
905  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 31, 2016, 05:07:52 PM
Just saying why is this big whale continuing to bluff with big walls like this?

It's not a bluff, it's a bid.  Feel free to dump into it.  If you want to exit Monero with little slippage, now is the time.  It's a very nice liquidity offer.  Why criticize such a nice offer?


Actually this is quite relevant as well since it was put originally quite close to the spot (I've followed this). On the other hand, the wall guy or girl is playing games with us. He first sets walls and the bids are increased to around 7 000 btc, then suddenly pulls off 1000 btc from buy orders. I am not quite sure what he is trying to do...
But to me it doesn't matter. I think Monero is still severely undervalued.
906  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 31, 2016, 06:08:10 AM


Mr. donald mcscrooge:

Maybe you should refrain from not caring about price and dumps because people get influenced by your thoughts and kill the coin..   I am holding a tiny bag but it is important to me.. Your careless choice of words caused this crash..

Lol, I don't think I have such influence. If it drops then it is time to refill I guess. Selling low and buying high is not my way of making money. I have held a bag of Moneros since 2014 and if this fails completely I will lose 100% invested money but if it succeeds I will be incredibly wealthy.
If it loses I still have my other assets so it will not hurt that much. I am not so short sighted as many might have understood I am.
Thank you Mr Mcscrooge: I appreciate your support.. the price is already going up..   Shocked

If it is up to me the price should be 10000000000 usd/xmr but obviously I have no power over markets.
907  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 31, 2016, 05:45:44 AM


Mr. donald mcscrooge:

Maybe you should refrain from not caring about price and dumps because people get influenced by your thoughts and kill the coin..   I am holding a tiny bag but it is important to me.. Your careless choice of words caused this crash..

Lol, I don't think I have such influence. If it drops then it is time to refill I guess. Selling low and buying high is not my way of making money. I have held a bag of Moneros since 2014 and if this fails completely I will lose 100% invested money but if it succeeds I will be incredibly wealthy.
If it loses I still have my other assets so it will not hurt that much. I am not so short sighted as many might have understood I am.
908  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 31, 2016, 03:30:45 AM
I am looking at 1 hr chart on bitcoinwisdom.
To me it appears bullish and now just stability (pretty bullish triangle starting from 19th or 20th of August). The coming hours will show us to which direction to go.
I might be wrong, and my speculation do not affect on my trading because I simply hold, but I am inclined to think the coming months are good for Monero. I am 99 % sure the DNM acceptance will not harm the adaption of Monero. Therefore, if you think in the same manner and happen to want to sell some of your coins, may I suggest you to get the best price possible and put the coins for sale instead of dumping with slippage discount. Eventually the dark market customers will buy those coins - sooner or later and vendors most likely just hold as many Moneros as possible because of privacy reasons.

Imo, future potential due to DNM adoption... huge. But it might take time to see that demand creep up to the price.

The 400%-700% over the last week was purely based on speculation and hype. So in short term the price has room to retrace a lot. XMR doesn't even have a GUI yet. How much XMR will actually be used is yet to be seen. I think the whole Alt market is overbought right now due to BTC stability and that will switch very soon. BTC doesn't stay boring for long, once it rises again the alt coins are going to drop again.


But if you're just holding it shouldn't matter... I think a market cap of 500M for XMR is fair game, just how soon I don't know

Yes I am almost 100 % confident that the full potential of Dark Net Markets are not realized on the very same day DNM will implement XMR. Even if all the customers are fine with XMR, different people use their money in different days. Therefore, I see a potential for some "early users" using XMR this year, and I think 2017 will be even better. Thanks to the bullish trend we potentially start to see caused by DNM also normal people will start buying Moneros and that's the time I am looking to sell some.
Aminorex told us somewhere that the rise of Monero will be faster than the rise of bitcoin. I think that's very logical point due to at least 2 reasons: Monero has begun its pump when the future emission (excluding tail) is around 50 % increase to money base and the second reason being many more people are aware of crypto in general thanks to btc being the pioneer.

When speaking in terms "it already has risen 400-700 % in a short period", please bear in mind Monero is not that much higher than its previous ATH, and it took over 2 years to achieve these levels. The whales and manipulators (price manipulation was very visible in dumps that occured killing even tiny rises) held the coin cheap for so long time.

I do not care these short term pumps/dumps, since I have been in holding mood for some time, and I foresee 2000 + usd XMR at some point, not this year and probably not even 2017 but when the masses come after the bull trend caused by DNM combined with rigid emission and stingy bagholders - who knows.
909  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 30, 2016, 06:31:08 PM
I am looking at 1 hr chart on bitcoinwisdom.
To me it appears bullish and now just stability (pretty bullish triangle starting from 19th or 20th of August). The coming hours will show us to which direction to go.
I might be wrong, and my speculation do not affect on my trading because I simply hold, but I am inclined to think the coming months are good for Monero. I am 99 % sure the DNM acceptance will not harm the adaption of Monero. Therefore, if you think in the same manner and happen to want to sell some of your coins, may I suggest you to get the best price possible and put the coins for sale instead of dumping with slippage discount. Eventually the dark market customers will buy those coins - sooner or later and vendors most likely just hold as many Moneros as possible because of privacy reasons.
910  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XMR Monero price poll - what is XMR/BTC rate by Dec-31-2016 ?? on: August 30, 2016, 04:06:08 PM
Any speculation for Sept 1?


It seems like the price is being suppressed around 015 - 016, from going either up or down. Until Sept 1 everyone is riding the hype train so there is probably a lot of resistance on pushing the price down. Some whales might also think it can easily surpass 02 and beyond so they may be pressuring the price from rising further at the moment.

Come Sept 1... if we dont see much XMR volume in Alpha/Oasis then I'm guessing we are likely to see an epic dump.

how will you check xmr-volume in alpha/oasis?

best regards

I have no idea lol, I thought the sites could determine the # of transactions happening in XMR? If they announce anything remotely disappointing about XMR not meeting the # of transactions or utility as assumed then I can certainly see the start of a dip. When a coin pumps 500%+ it only needs one excuse to come tumbling down

You do not need any news to support Monero in the days of dark net markets. All you need is junkies buying their stuff with XMR + vendors holding at least a part of their Moneros without any news of volumes. News are for the speculators - I am glad Monero is taking some steps away from specualtion stage into the stage of real world adaption.
Sure some nervous speculators with tight margin longs might be dumping on Sept 1st but I encourage to look a little more ahead than just stare at one date. The minimum block reward is only a few steps ahead of us, sure some adaption for sure will take place from DNM, then also normal people will adapt Monero as their personal currency.
911  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 30, 2016, 02:30:10 PM
Looks like the buying has begun.
912  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XMR Monero price poll - what is XMR/BTC rate by Dec-31-2016 ?? on: August 29, 2016, 07:54:07 PM

Your account is 1 day(!) older than mine. Elitist cunt.

I'd break your fucking jaw if you said that to my face, bitch

I am not a mod here but please do not use rude language. Thanks.
913  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 29, 2016, 07:49:03 PM
Shall we start buying some cheap coins?

I am inclined to buy below 013, in increasing size all the way down.  012--013 was the last moderately stable intraday level, and represents a 50% retracement of the impulsive weekend move.  But I won't buy much.  Unless it gets crazy, like under .01.  Then I will abandon restraint.

I hope 0.011 will hold.
It is not nice to waite 1-2 years for new ATH especially since the current ATH is only around 70 % higher from the previous one back in June 2014. For those who are used to stock markets 70 % gain seems huge but in crypto it is, well, not that good.

Despite there might be FOMO, hype etc around September 1st, I still tend to think it will bring real world demand for Monero and eventually this demand should be the natural force closing the long positions of the speculators.

Personally as previous ATH from 2014 was broken with force, I am willing to give extra time for Monero. Real demand will slowly take ground from the speculative demand. I am inclined to think that the DNM vendors will actually hold as many Moneros as they can since Monero has anonymous account balances.
Also I would like to see the demand Risto described earlier - people who are "normal" and just want an asset that is digital but gold like in monetary terms (low inflation).

If it goes back to 0.004 which is unlikely but certainly possibility as well as the price rise to 10,000 usd/xmr I am thinking of buying a large lot of coins.
914  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 29, 2016, 06:09:16 PM
Shall we start buying some cheap coins?
915  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 29, 2016, 04:02:01 PM
Im starting to short monero on polo. I have a feeling the bog crash is upon us. Hope im right though.

I think we need to welcome this type of activity because they bring liquidity for the new adaption and buying. I am not convinced how profitable it is to sell though.. to crash big time you need to convince some early guy with large bag to sell to cover your position.

I am not selling but you can ask someone else if they are willing to dump...
916  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 28, 2016, 06:42:53 PM
I am going to sleep now... So you can have the action time now (up or down - I do not care much - anyway no need to sell).  Embarrassed
917  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 28, 2016, 04:24:42 PM
I was watching the movie called Tanna (very nice film based on true story https://www.youtube.com/watch?v=Tb3Vslnviwo) meanwhile Monero pumping to new ATH....  Shocked
918  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 28, 2016, 10:27:14 AM
800BTC BuyWall at Polo on 0,0115

Those walls are very welcome. I hope the wall stays there supporting the price as long as there might be some people willing to sell their coins.
919  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 28, 2016, 10:25:53 AM
I just woke up (I slept late). What happened?  Shocked
So we are going now towards parity with btc and beyond?  Shocked

Aside with Etherium, Monero has joined in the club of good and valuable coins by breaking the initial ATH price from the times of early days.

I watched this all happen in real time so I didn't get to experience this. Please indulge me. What did it feel like to wake up and see that?
It happened during night un Europe. I went to sleep at ~0.0085,  breakout was annouced but unconfirmed. So i moved my orders into 0.0099-0.0120 (2% of my stash)
When i woke up, price was above 0.0120  Shocked and 6 new pages on this thread.
How do i feel this morning? I'm very fine  Cool
I'm unable to buy back but no matter, it's a nice profit (and it's important to take profit when it's possible) and the  remaining 98% of my stash is healty as never.

The sun is shinning!

Thank you for giving a nice entry point to new bagholders.
My coins may never be for sale (might be buying gold directly when the price rises).
My portfolio is in well position. If bitcoin goes to 10 000 + usd I have enough of btc, if Monero goes to 1000+ usd, I have also Moneros. If both btc and xmr fails to grow, I still have my rental units + 2 jobs I am satisfied with and quite nice monthly surplus income.
Selling Moneros just causes more taxes to pay so better just hold and sell in a stingy manner if ever.

I might actually just buy some odd XMR for the sake of support (not to grow my stash).

I think the current level of 0.012-0.013 is excellent accumulation zone still. There is plenty of room to grow, only 6 million coins will be mined before minimum block reward will hit (when the minimum block reward hits Monero has a decent chance to become worth of 100 000 - 1000 000 millions of dollars). So selling now is like giving free money to the new upper class.  Cheesy

We need to appreciate everybody who decide to sell now before the DNM will start sucking Moneros from markets. Thank you, sellers!
you decided never to sold yours coins, you're lucky you.
i'm not in your position (= i haven't earned enough money to be secure all the rest of my life)
when i sold a few moneros, if i can't buy back lower, it's still a good deal. my average of purchase is around 0.0009 (i'm in monero for some time now, i was a long time in red too  Grin) at actual price i made more than x10 profit. My initial investment is slowly repaid. If monero goes to +1000$, i still got a good stock, if it goes to 0$, i will not lose money (remenber rule number one: before make money, try to not lose money!)

the next leg up, i will sell another % of my stash  Grin but i promise you when i get rich, i'll stop selling too cheap!


Well, I have promised for myself to buy some gold coins from a legit gold dealer if the price of XMR hits 100 + usd. That will be my "treat".
After all, a human being do not need much extra cash. Just the amount you need for buying a house + food and other basic necessities. All the rest is extra blessing IMO.
I think you might be even in better position than me (I assume my average buying price is somewhere around 0.002-0.003 btc), and I do not have any excess amounts of Moneros but enough to become very wealthy if this boy starts a rock'n'roll (in my opinion it  hasn't even started yet).
It is very good position in general to sell with 10 X profits.  Smiley
920  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 28, 2016, 09:51:27 AM
I think breaking the market cap of Dark coin will be a remarkable event. I hope it happens for ever and stays like that. That is the exact moment when we can finally proclaim the victory and become the best anon. coin.

The market cap has nothing to do with the level of privacy. If financial privacy (and fungibility) matter to you, you don't use a transparent blockchain.

The market cap of Dash can be relevant from a trading perspective because of the long history between Monero and Dash/Darkcoin and the emotions involved on both sides. Emotions can play a very significant part in trading regardless of the objectivity of those emotions.

Now that is a matter of days.

Ha ha. I was so wrong.

It escalated quickly and I think this is just the beginning since there is still the demand from D.N.M. coming in the pipeline. Therefore it is pretty safe to buy Moneros.
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