klee
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Activity: 1498
Merit: 1000
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February 15, 2016, 05:16:12 PM |
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Breaking 0.0021 again will be the trigger for the next leg up.
There is good accumulation at 0.001835, before that it was at 0.0017.
If it is really bullish we should bounce up in the next hours, if not we will retest 0.0017.
My bet is on the former.
Disclaimer: I sold all my coins at 0.00215 in the spike, I will re-enter at about the same price or in the 0.0013-0.0014 area.
EDIT: Surprisingly enough, we had the same movements for BTC, ETH & XMR. Price rise, pullback, accumulation and now the first two are bouncing back up.
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Bagatell
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February 15, 2016, 05:25:02 PM |
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@klee
+ Maid and Factom and some others, I'm told.
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klee
Legendary
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Activity: 1498
Merit: 1000
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February 15, 2016, 05:26:13 PM |
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@klee
+ Maid and Factom and some others, I'm told.
Yeah, this seems to be the case for every major (regarding volume) coin @Polo |
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klee
Legendary
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Activity: 1498
Merit: 1000
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February 15, 2016, 05:50:36 PM |
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Either I am very good at this, or a whale is reading me or both!
And no, I am not behind this (not a whale anymore after my coins were stolen)...
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GTO911
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February 15, 2016, 05:53:29 PM |
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Either I am very good at this, or a whale is reading me or both!
And no, I am not behind this (not a whale anymore after my coins were stolen)...
Haha, was just thinking its you maybe |
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klee
Legendary
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Activity: 1498
Merit: 1000
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February 15, 2016, 05:54:26 PM |
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Either I am very good at this, or a whale is reading me or both!
And no, I am not behind this (not a whale anymore after my coins were stolen)...
Haha, was just thinking its you maybe lol no I am bagholding ETH atm |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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February 15, 2016, 05:56:42 PM |
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lol no I am bagholding ETH atm
Traitor!   |
Chaos could be a form of intelligence we cannot yet understand its complexity.
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klee
Legendary
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Activity: 1498
Merit: 1000
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February 15, 2016, 05:59:13 PM |
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lol no I am bagholding ETH atm
Traitor! XMR ponzi pyramid scam, get out before 666666K coins dump on you |
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bitebits
Legendary
Offline
Activity: 2302
Merit: 3685
Flippin' burgers since 1163.
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February 15, 2016, 06:00:53 PM |
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EDIT: Surprisingly enough, we had the same movements for BTC, ETH & XMR. Price rise, pullback, accumulation and now the first two are bouncing back up.
Yeah, this seems to be the case for every major (regarding volume) coin @Polo
Serious question: do these movements have anything to do with the underlying value of the coin? Is the market trying to put a price tag on the coins, or is it mostly about getting profit from creating volatility? |
You can figure out what will happen, not when /Warren Buffett
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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February 15, 2016, 06:01:11 PM |
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lol no I am bagholding ETH atm
Traitor! XMR ponzi pyramid scam, get out before 666666K coins dump on you I'll buy all your ETH for 1/20 of my XMRs @Bitebits: Volatility is essential for a coin to climb up in value.  |
Chaos could be a form of intelligence we cannot yet understand its complexity.
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BTKC
Newbie
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Activity: 29
Merit: 0
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February 15, 2016, 07:14:52 PM |
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Either I am very good at this, or a whale is reading me or both!
And no, I am not behind this (not a whale anymore after my coins were stolen)...
Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"? |
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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February 15, 2016, 07:15:49 PM |
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Either I am very good at this, or a whale is reading me or both!
And no, I am not behind this (not a whale anymore after my coins were stolen)...
Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"? The 0.1% of the total supply before tail emission, 18.4k, figure has been going around for some time. |
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saddambitcoin
Legendary
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Activity: 1610
Merit: 1004
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February 15, 2016, 07:26:37 PM |
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I would call 1% of the current supply a whale, so around 110,000 XMR.
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GTO911
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February 15, 2016, 07:38:30 PM |
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I would call 1% of the current supply a whale, so around 110,000 XMR.
Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale |
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Bassica
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February 15, 2016, 08:44:55 PM
Last edit: February 15, 2016, 08:58:04 PM by Bassica |
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 Interesting to see what will happen. Could be one last sweep to 0.00186, before breaking out upwards and battling 0.0021 and 0.00235, although the former will be the heavy one.. |
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funnyman21
Member
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Activity: 109
Merit: 10
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February 15, 2016, 08:56:59 PM |
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I would call 1% of the current supply a whale, so around 110,000 XMR.
Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale Less than .1% has the potential to make someone extremely wealthy IF Monero can achieve its objective of establishing an important privacy hub. I predict that in 10 years .1% of Monero will either be worth close to zero or be enough to retire on. Failure may be more likely but the potential reward is so great that the risk appeals to me. |
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smooth (OP)
Legendary
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Activity: 2968
Merit: 1198
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February 15, 2016, 08:57:40 PM |
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Either I am very good at this, or a whale is reading me or both!
And no, I am not behind this (not a whale anymore after my coins were stolen)...
Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"? A good way to answer that is to consider how many true whales you think there can be. If you assume 1% then with 50% of the coin supply held by such whales there could be no more than 50 whales. Pick your own numbers. |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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February 15, 2016, 09:00:52 PM |
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There's a lot of pressure not to cross the 20k mark. I've been watching this for a while now and just when somebody puts a bid over 20, somebody dumps coins and drops the ask below that. I think that either somebody is desperate to keep the price down (margin calls?) or this is orchestrated by a group for accumulation reasons. FWIW, I managed to get some more at 18xx today on an instant dump.  |
Chaos could be a form of intelligence we cannot yet understand its complexity.
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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February 15, 2016, 09:05:45 PM |
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Either I am very good at this, or a whale is reading me or both!
And no, I am not behind this (not a whale anymore after my coins were stolen)...
Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"? A good way to answer that is to consider how many true whales you think there can be. If you assume 1% then with 50% of the coin supply held by such whales there could be no more than 50 whales. Pick your own numbers. And there are many whales, same as there are many peers, but a marquess is not a prince, but trumps an earl. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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