[XMR] Monero Speculation

[dEBRUYNE]

I have bought more. Go Monero!
Lets tear down this little ask wall.

I think it won't be easy.

You underestimated! It's gone now :-P

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[klee]

Volume is picking up, higher lows, it only needs a higher high now (0.0015 would be sufficient IMO).

[elrippo]

It seems that people cry for a user friendly GUI wallet. Let 0.9 version be out first. Then I may spend time creating a new one which is based on NodeJS or Python

I would be equally happy if I could use tab-complition and up-arrow (to get recently used commands) in the smartwallet or bitmonred.

yeah that is one thing I wish could be implemented as well. I'm always hitting up-arrow and having to delete what is typed.

In Linux you can use the arrows function.
I am waiting very angeous for the 0.9 and official GUI release.
One question. How can I integrate the old wallets from 0.8.8.6 to fully encrypted in 0.9?

Really? I'm running Ubuntu 14.04 and compiled 0.9 release.

The arrows don't seem to do what I would normally expect them to do in a terminal not running simple wallet.

Jope, run it with rlwrap ./simplewallet --wallet-file=yourwallet.bin

type refresh, Enter

Move with the arrows up and down.

[medusa13]

using the arrows works fine here on linux and windows. i guess for linux you will need to do something like set -o vi, can not remember but it can easily be solved i guess.

dont know if its possible to keep price down longer, lets see. liquidity on the asks is very low

[wpalczynski]

It seems that people cry for a user friendly GUI wallet. Let 0.9 version be out first. Then I may spend time creating a new one which is based on NodeJS or Python

That would be great.  Perhaps you could leverage some of the work already done on the official GUI wallet.

[GingerAle]

It seems that people cry for a user friendly GUI wallet. Let 0.9 version be out first. Then I may spend time creating a new one which is based on NodeJS or Python

That would be great.  Perhaps you could leverage some of the work already done on the official GUI wallet.

digicoin... dunno why your waiting for 0.9 to be out. 0.9, for all in tents and porpoises, is out. Compile whats in head. Thats 0.9 as far as I know. If you're gonna wait for 0mq, who knows when those kinks will get worked out, and if your going to wait for libraryization, well, then your in the same wait boat as core.

[equipoise]

I've just added USD and EUR weighted average stats for the XMR price to: http://vnno2t46wi42jgm7jdyf75obc2zbm3jizel6gvawaaj4mzmkgvoa.b32.i2p.xyz/
XMR price is ~ 0.51$ last year. The exception seems to be the last month with weighted average price of ~0.4$.

[Hueristic]

Hey guys, I want to short BTC but only have a coinbase account. Where can I do this with USD and a creditcard or paypal?

I've found this so far.

http://mpex.co/

https://orderbook.net/trade

https://www.bitfinex.com/

I'm not sure how long it will take to setup and whatnot. I'd like to short for a week to a month.

Thx for the help.

[dEBRUYNE]

Hey guys, I want to short BTC but only have a coinbase account. Where can I do this with USD and a creditcard or paypal?

I've found this so far.

http://mpex.co/

https://orderbook.net/trade

https://www.bitfinex.com/

I'm not sure how long it will take to setup and whatnot. I'd like to short for a week to a month.

Thx for the help.

Bitfinex is probably the easiest way, although it could take a few days before your USD arrives. Alternatively, you could buy BTC on coinbase, send them to Bitfinex and immediately sell them for USD. Do you need any further help wrt shorting?

[jehst]

Hey guys, I want to short BTC but only have a coinbase account. Where can I do this with USD and a creditcard or paypal?

I've found this so far.

http://mpex.co/

https://orderbook.net/trade

https://www.bitfinex.com/

I'm not sure how long it will take to setup and whatnot. I'd like to short for a week to a month.

Thx for the help.

You can buy BTC on Coinbase with your credit card and then transfer the BTC to Bitfinex and margin sell. It shouldn't be too difficult.

Good luck.

[klee]

I've been watching XMR price closely for more than a year now.

Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).

I hope he does not use leverage  

[phishead]

I've been watching XMR price closely for more than a year now.

Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).

I hope he does not use leverage  

When I first heard of Monero during the first week in August, I started coming here on this thread and one of the main posters here was by the name of (I think) "Cryptillionare" or something like that... Maybe that's the whale who has been dumping, I'm not sure... have any of you guys heard from him?

[wpalczynski]

I've been watching XMR price closely for more than a year now.

Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).

I hope he does not use leverage  

When I first heard of Monero during the first week in August, I started coming here on this thread and one of the main posters here was by the name of (I think) "Cryptillionare" or something like that... Maybe that's the whale who has been dumping, I'm not sure... have any of you guys heard from him?

If you mean Truecryptonaire that guy is no whale.  Not even close.

[phishead]

I've been watching XMR price closely for more than a year now.

Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).

I hope he does not use leverage  

When I first heard of Monero during the first week in August, I started coming here on this thread and one of the main posters here was by the name of (I think) "Cryptillionare" or something like that... Maybe that's the whale who has been dumping, I'm not sure... have any of you guys heard from him?

If you mean Truecryptonaire that guy is no whale.  Not even close.

Yep, I just went back in this thread to go see and that's the guy... I always thought he bought into a lot of XMR for some reason, not quite sure why.

[dEBRUYNE]

I've been watching XMR price closely for more than a year now.

Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).

I hope he does not use leverage  

I've been observing this as well. He/she/it also has a pretty sophisticated bot, that constantly places random asks etc. In addition, he nearly always places a group of small asks (mostly something like 150-250-300) near the price and some bigger random asks (1-4k) a bit further away. His "manipulation" is quite salient. This behavior started after that massive (shortsale) dump until 0.0013, when basically all the loan offers were taken out (not immediately by the way). I've also seen this bot in a sort of reverse mode, but it mainly supresses the prices currently (like Klee pointed out).

[Hueristic]

...

Bitfinex is probably the easiest way, although it could take a few days before your USD arrives. Alternatively, you could buy BTC on coinbase, send them to Bitfinex and immediately sell them for USD. Do you need any further help wrt shorting?

Bitfinex is the quickest? Thanks I'm setting an account now. AFA shorting, ?I've never done it before. I just buy when I think something is under priced but I'm 100% convince this is a BTC bubble which means I can get more XMR when it tanks back to 210 or so.

...

You can buy BTC on Coinbase with your credit card and then transfer the BTC to Bitfinex and margin sell. It shouldn't be too difficult.

Good luck.

Yeah I wouldn't give coinbase my CC info for some reason. I think it had to do with the data collection shit.

[dEBRUYNE]

...

Bitfinex is probably the easiest way, although it could take a few days before your USD arrives. Alternatively, you could buy BTC on coinbase, send them to Bitfinex and immediately sell them for USD. Do you need any further help wrt shorting?

Bitfinex is the quickest? Thanks I'm setting an account now. AFA shorting, ?I've never done it before. I just buy when I think something is under priced but I'm 100% convince this is a BTC bubble which means I can get more XMR when it tanks back to 210 or so.

...

You can buy BTC on Coinbase with your credit card and then transfer the BTC to Bitfinex and margin sell. It shouldn't be too difficult.

Good luck.

Yeah I wouldn't give coinbase my CC info for some reason. I think it had to do with the data collection shit.

Yeah and it probably also has the best liquidity. If I recall correctly, they have some guide on their site that explains it all. Basically, with shorting you borrow BTC from someone on the site for a certain interest rate. Subsequently, you sell them and if the price declines you buy them back to realize your profit.

[funnyman21]

...

Bitfinex is probably the easiest way, although it could take a few days before your USD arrives. Alternatively, you could buy BTC on coinbase, send them to Bitfinex and immediately sell them for USD. Do you need any further help wrt shorting?

Bitfinex is the quickest? Thanks I'm setting an account now. AFA shorting, ?I've never done it before. I just buy when I think something is under priced but I'm 100% convince this is a BTC bubble which means I can get more XMR when it tanks back to 210 or so.

...

You can buy BTC on Coinbase with your credit card and then transfer the BTC to Bitfinex and margin sell. It shouldn't be too difficult.

Good luck.

Yeah I wouldn't give coinbase my CC info for some reason. I think it had to do with the data collection shit.

I also think BTC is due for a correction but you can never be 100% sure. Shorting is dangerous. If your only goal is to buy more XMR why not just buy more XMR now instead of shorting BTC?

[smooth]

I'm 100% convince this is a BTC bubble

Someone on the wall observer thread was talking about some MMM ponzi. I couldn't follow it and I have no idea what effect that might have. Does anyone think that has any merit?

Given the critical role BTC has in trading XMR it seems we ought to understand if there is some large (?) unsustainable factor driving current BTC prices, and how close that might be to reversing.

[elrippo]

I've been watching XMR price closely for more than a year now.

Someone is selling aggressively XMR (profoundly a whale) to break the price and buy back lower. Unless it is a hacker/thief who had laundered the BTC to XMR and now does the opposite (I don't think this is the case because the selling is aggressive but very careful, done from a serious trader).

I hope he does not use leverage  

I've been observing this as well. He/she/it also has a pretty sophisticated bot, that constantly places random asks etc. In addition, he nearly always places a group of small asks (mostly something like 150-250-300) near the price and some bigger random asks (1-4k) a bit further away. His "manipulation" is quite salient. This behavior started after that massive (shortsale) dump until 0.0013, when basically all the loan offers were taken out (not immediately by the way). I've also seen this bot in a sort of reverse mode, but it mainly supresses the prices currently (like Klee pointed out).

Well, let us look in a year from now how it is running with our Monero.
Hopefully our devs have a GUI wallet out, the pictures make me bake my tongue, by that time and then it will get really interesting around here.

I remember rpietilä calling 0,5BTC/Monero as cheap if it has the success we all hope for