[AEON] Aeon Speculation

[estenity]

2k sats now. up or down ?

Criteria this coin :
Small Cap, POW, Asic Friendly, ATL ( all time Lose ) Price

we may be getting out of the bear market; i say that with prudence.

[1713460047]

1713460047

[bbc.reporter]

@estenity. We Aeon or we cryptospace?

Aeon with its very low market volume and very small orderbook liquidity can go out of a bear market anytime with manipulation hehe.

[estenity]

@estenity. We Aeon or we cryptospace?

Aeon with its very low market volume and very small orderbook liquidity can go out of a bear market anytime with manipulation hehe.

ok, i meant of cryptospace naturally, and btc halving approaching.

even if aeon is more firm there (on the right):

https://miningpoolstats.stream/aeon

[Febo]

2k sats now. up or down ?

... ATL ( all time Lose ) Price

2k sat is not all time low. It is low of last 3.5 years. 13 cents was USD low of last 3 years.  There is not much to speculate where will go from here.

[moreatls]

When btc halving i can predict AEON price  is 10$ +

my reason :
1. Halving btc make it possible asic miners chooise to alts.
2. Another big alts competitor ATM change the algo to GPU and CPU ( asic resistant is strategy the team for long terms , maybe long down or stable )
3. mainly whales have a asic miners
4. so far until now we don't have USD pairs on exchange ( We only focus on BTC pairs, not USD )

So when we get some partners the price aeon will go up, and when we get some big asic miners, the price will still go up, and go up..

[joyatlantis]

asic resistant is strategy the team for long terms

thats right

[bbc.reporter]

When btc halving i can predict AEON price  is 10$ +

my reason :
1. Halving btc make it possible asic miners chooise to alts.
2. Another big alts competitor ATM change the algo to GPU and CPU ( asic resistant is strategy the team for long terms , maybe long down or stable )
3. mainly whales have a asic miners
4. so far until now we don't have USD pairs on exchange ( We only focus on BTC pairs, not USD )

So when we get some partners the price aeon will go up, and when we get some big asic miners, the price will still go up, and go up..

Bitcoin's mining algorithm is sha256. Their miners cannot mine Aeon or other cryptonote coins. They can only mine bitcoin cash forks. However, that would also not be as good for them as mining on bitcoin.

[phishead]

Plus Aeon doesn't "Half" it's emissions... it's a smooth curve.

[bbc.reporter]

Aeon appears to have found stability on 1600 to 2000 sats. It is also usually one of the coins that pump later in a bullish market. You know what to do hehehehe.

Also, aeon.to was vouched by xmr.to's Binaryfate on the Aeon subreddit.

[bigslimvdub]

Not much speculation here.

[Febo]

Not much speculation here.

Because of so low demand the price is so low that there is no supply and a small trades can change price a lot. I just noticed that BTC price was actually in 2016 levels.   Very hard to see any more decline.

[bbc.reporter]

@Febo. Did you see the pump and support by the whale? It might be the americanpegasus. She might be back with her money from driving on Uber hehehehe.

[jwinterm]

@Febo. Did you see the pump and support by the whale? It might be the americanpegasus. She might be back with her money from driving on Uber hehehehe.

oof

[Febo]

Did you see the pump and support by the whale? It might be the americanpegasus. She might be back with her money from driving on Uber hehehehe.

Yes. Today even uber driers can be a AEON whales and move market. Lack of demand and supply. But this fact might actually attract some traders. Specially now when there is lock in and uber drivers have little to no work.

[bigslimvdub]

There is some single entity on Trade Ogre that moved 90,000 aeon to the exchange last fall after that first pump that missed the boat thanks to confirmations. They spread the coins to 5000 coin blocks for a while when I was looking. It appears now after this price movement this week that they moved all 90,000 coins to 9,000 sats on TO.

Thats something like $50,000 worth of Aeon they are leaving on a tiny exchange.

Good to see that Aeon is leveling around $.18-.20 now. Maybe we can move back to $1 range by EOY from the world economic situation?

[bbc.reporter]

@bigslimvdub. Are they dumping or pumping? I shake my head. I reckon they should be dumping, however, nothing has occured. I also speculated that the dump might occur after Bittrex's wallet returns. It has returned but there is also no dumping.

americanpegasus?

[estenity]

@bigslimvdub. Are they dumping or pumping? I shake my head. I reckon they should be dumping, however, nothing has occured. I also speculated that the dump might occur after Bittrex's wallet returns. It has returned but there is also no dumping.

americanpegasus?

don't know but aeon still firm.

[bigslimvdub]

@bigslimvdub. Are they dumping or pumping? I shake my head. I reckon they should be dumping, however, nothing has occured. I also speculated that the dump might occur after Bittrex's wallet returns. It has returned but there is also no dumping.

americanpegasus?

The coins were moved last fall on that huge pump we had and have not left the books since. Orders were in 1000 -5000 blocks from 12k sats to 50k sats. Now it’s all placed at 9k sats I believe but have not checked since.

Someone with basically A set it and forget it type of deal.

[bbc.reporter]

@bigslimvdub. Pumpers that leave all their coins on the exchange might be a signal for a pump and dump hehe. The pump might end within 10% of Monero's price, however hehehehehee.

[Febo]

I see a lot of small coins gaining value right now. Small demand pushes price a lot if there is no supply. It is very simple. AEON was extremely cheap. Now is 3 times higher as it was only 2 weeks ago. It wil have to moe much higher to attract more supply.