Thanks whap.

And SAR has flipped to support on the 4hr, EMA has crossed on the 1 and 2 hr.....and...if it wasn't for the fact I think TA is completely useless in crypto, I'd reckon this is looking bullish.

And the 4h chart is looking more like a pennant (and less like a dinosaur ).....what are the odds we test the ATH this weekend.

Wondering if we are in for another w/e like the last one.

Up to .03 by Monday....hahahaa

Surely, the next 525, 960 953 minutes are critical?

Smart editors....ha ha ha

"If it bleeds, it leads"....similarly sex, crime and drugs get eyeballs.

Also, most editors are in thrall to their proprietors' political views/ambitions.  This (XMR) is low hanging fruit for rightwing news outlets.

Way, way too much credit

My point is: a tsunami of these stories is swelling on the horizon but don't worry, in the long run it will be good for XMR.

Yes, that's all good.

But believe me, the sensationalist pieces will follow -- that's not being either pessimistic or contrarian, simply experienced with the print medium.  Its the obvious angle for editors to spice up a dry tech/economics story.

In some ways its not a problem, it simply reflects the same rite of passage BTC went through -- and of course it does mean a lot of writers are going to have volte face on how they describe BTC (ie they sold it to the masses as anonymous but hey turns out it isn't).

The four hour looks like a pennant forming to me.

But it could equally be a dinosaur

A sample of 100 is of course relatively small but it depends on what you are looking for and what you do with the data.

Given the nature of the forum and simplicity of the poll, its difficult to create any controls or breakdowns of the data but I disagree that the results are tainted by the fact this is BTCtalk - the results are going to be more informed than if you had run the questionnaire on a gardening forum or in a supermarket.

Knowing Risto he has knowledge of or access to statistical tools and wouldn't simply draw conclusions from the raw data but run analysis such as GLMs or PCAs if he really wanted to utilise the findings.

BAck into the 140s but someone does seem to be determined not to let the price rise too quickly/at all.  EDIT - back down before I can even finish posting.

The next week will be interesting. 

I suspect potential XMR users on AB have now bought their coins, so will vendors sell their new fangled Monero straightaway or hold?  I suspect most have cashflow demands that necessitate the former. Until a behavioural pattern emerges I believe some volatility may be ahead - good if you're a trading addict, painful for us hodlers.

I'm also expecting a lot of press exposure - some of it negative - "New anonymous coin empowers dealers, thieves and terrorists". 

Fun, fun, fun

Ach....now that's just being greedy. Much better to take a smaller profit, be in the position you want and have the potential to trade further if needs be. 

But each to their own.

@Dafur,
Well the Crypto gods were kind...hope you had some orders in the high one twenties and filled they were.

I considered it myself earlier today and thought better of it; while you can trick yourself into being 'reactive' the best strategy is often to stick with your original plan eg "I'm going to buy and see where we are in a week/month/year".  Its difficult when you watch the charts hawkishly not to get caught up in short term trends.

I'm sure the cryptogods will grant you a buy back dip

Thanks for the replies....I would point out that I don't even know if the questions I was asking were the right questions to ask.

Thanks, but that's not what I was asking and I don't think what RV was alluding to (read the rest of his post)

In 2013 BTC went 'mainstream' and even though it had had years to prepare the infrastructure wasn't there when heavy traffic ramped up, either technical, administrative or social.  "why didnt we get the infrastructure sorted out first" was a common comment while MK bounced off with everyone's money, frappacino in hand.  BTC is still recovering and the segwit/block size debate shows technical infrastructure was low down the list when everyone was raking in cash.

So, I'm asking very specifically for those technically minded, has XMR learnt from BTCs mistakes, is the network prepared to handle 4, 8, 16 times more daily tx, is the network stable, is a 51% attack an issue.....I don't know if any of these things are even the questions to ask.  And I appreciate this is the speculation thread and I should mooch over the other forum.  But these questions do impact on ones investment.

Just cynical 

Roger Ver makes a good point here
https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049

"Monero... hasn't been heavily tested with actual users yet.
It would only take one thing to go wrong technically for most, or all of the market cap to disappear."

The thoughts of those more technically minded....?

Gosh, what happened?

When I went to bed the resident monkey botherer was predicting an ATH within "6 to 8 hours" - no doubt those numbers were used in a semantically objective way 

I had a look on AlphaBay yesterday and the number of vendors offering to use XMR is 'yuuugge'....and if ever a cohort appreciated anonymity.  The question is whether the buyers can get their shit together to purchase XMR.

"As a dictum it is not semantically objective." Sorry but that's just gibberish.

You go on to say that people 'wander in' and basically have not heard the news...ergo we have moved past rumour.
 

How about: the impending adoption of XMR by AlphaBay is not rumour, it has been 'news' for a week now.  Come 1st Sept it will move from being 'news' to being reality (and then I suppose the real test begins). So, perhaps your powerful rule of thumb is just not relevant to this scenario.

EDIT Paratox beat me to it.