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Author Topic: Why monero price increase 50% this week?  (Read 1124 times)
facenew111 (OP)
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August 26, 2017, 11:44:39 AM
 #1

Why monero price increase 50% this week?
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n4poleon
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August 26, 2017, 11:49:57 AM
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Probably because monero is being listed at a new exchange, a china based exchange. Not only 50%, it's over a 100%.
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August 26, 2017, 12:22:28 PM
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its actually more like 300% was $45 a week ago. but i have no idea why.
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August 26, 2017, 12:26:48 PM
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" ATTENTION: PRICE SPECULATION DISCUSSIONS DO NOT BELONG HERE."
https://bitcointalk.org/index.php?topic=1572439.0

It seems that the OP did not read the pinned threads and this thread will be moved to speculation section.

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TheFriends
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August 26, 2017, 12:45:36 PM
 #5

its actually more like 300% was $45 a week ago. but i have no idea why.

This speculation is due to the rumor of the possible add of Monero in the bithumb exchanger.

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August 26, 2017, 12:55:23 PM
 #6

Because it will high likely be listed on bithumb, it is now $140 but the chart tells me don't buy it, it will crash after a while it is listed on bithumb
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August 26, 2017, 08:02:59 PM
 #7

ɱ is backed and supported by all the BTC early adopters, the old hodlers and pretty much most of the known figure heads of crypto sphere. for about 5 months they mined and accumulated steadily to avoid sudden pump of the price, and now they have enough of the supply in their bags now is the time to pump it hard, when you pump a coin by 50% the rest is pushed by others. try it yourself, first pump any coin by 50% and see how it'll rise by another 50% the following days.

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August 26, 2017, 09:17:09 PM
 #8

monero is life thats why
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August 26, 2017, 10:20:59 PM
 #9

Because it was applied in a new exchange. And the persons are interested to buy anonymous coins, like Monero, Dash and hopefully DeepOnions in some time. Wink
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August 26, 2017, 10:57:16 PM
 #10

Probably because monero is being listed at a new exchange, a china based exchange. Not only 50%, it's over a 100%.
I'm not surprised caused by the monero already listed on the chinese exchange site but i think that you can see a lot of thje coin already listed on the because the hype is not for the long time, and you can try to buy them again in the future with the cheap price. Monaco as a good example for that.

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August 26, 2017, 10:59:23 PM
 #11

Why monero price increase 50% this week?


Because every crapcoin had x10+ in spring 2017, Monero grew only as much Bitcoin grew. Not more. So now we finally have that correction to put Monero back on rank.5 on marketcap.  Bithub listening just triggered this. Monero will have important and good news till end of year regularly.
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August 26, 2017, 11:07:08 PM
 #12

is there any way to know when new coins are listed on exchanges?
this often happens when coins are listed in tese exchanges in asia...

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wojak
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August 26, 2017, 11:15:37 PM
 #13

is there any way to know when new coins are listed on exchanges?
this often happens when coins are listed in tese exchanges in asia...

There is: checking this forum for example, or checking exchange blogs.

http://bithumb.cafe/archives/10619 (there is delay)

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August 27, 2017, 03:15:09 PM
 #14

One of the reasons is that the US government hired Chainalysis for the tax investigation a few days ago - some investors think that Monero and other similar projects may provide better protection against analytical investigations.
Here is the article http://bitnewsbot.com/six-us-government-agencies-hire-investigative-blockchain-firm-chainalysis/

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August 27, 2017, 03:17:40 PM
 #15

Big investors asked . And has increased .

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