[XMR] Monero Speculation

[klee]

The manipulation thing is a something only idiots believe.

There is no manipulation in any market, like it or not.

Whales move the price where there is less resistance.

So a bullish manipulation is only possible if the market is already bullish and the opposite.

When you have cryptos RSI oversold in the weekly wtf do you expect? Zero prices?

[opennux]

No sure anyone was told but Monero arranged for a pump with some known Poloniex traders. Don't buy into this BS.

If no one was told, then how does anyone know?

Are people aware this is an orchestrated pump meant to create a FOMO?

Some are, some aren't. Things go up and down. I don't have FOMO. It's likely that it will retrace again, of course. That much volume? Of course it more than smells like a concerted effort.

The issue is that will it retrace before or after hitting 2000 usd/xmr next time.

Lol, that's not an issue. But I appreciate your humour and your volatile change in sentiment.  

[Herp]

No sure anyone was told but Monero arranged for a pump with some known Poloniex traders. Don't buy into this BS.

If no one was told, then how does anyone know?

Are people aware this is an orchestrated pump meant to create a FOMO?

Some are, some aren't. Things go up and down. I don't have FOMO. It's likely that it will retrace again, of course. That much volume? Of course it more than smells like a concerted effort.

Yeah, sure does. I wonder what the real price is.  There was another pump few days ago and price crashed all of a sudden.

Do you know who can one pay to create such pumps on specific coins? I have heard some pumper trader whales are doing it for a fee.

[TrueCryptonaire]

The markets are now pretty entertaining.  However these dumps get always my coins under-employed for a while. On the other hand, it is my payday. 

[TrueCryptonaire]

No sure anyone was told but Monero arranged for a pump with some known Poloniex traders. Don't buy into this BS.

If no one was told, then how does anyone know?

Are people aware this is an orchestrated pump meant to create a FOMO?

Some are, some aren't. Things go up and down. I don't have FOMO. It's likely that it will retrace again, of course. That much volume? Of course it more than smells like a concerted effort.

The issue is that will it retrace before or after hitting 2000 usd/xmr next time.

Lol, that's not an issue. But I appreciate your humour and your volatile change in sentiment.  

My sentiment is negatively correlated to my position.

[opennux]

No sure anyone was told but Monero arranged for a pump with some known Poloniex traders. Don't buy into this BS.

If no one was told, then how does anyone know?

Are people aware this is an orchestrated pump meant to create a FOMO?

Some are, some aren't. Things go up and down. I don't have FOMO. It's likely that it will retrace again, of course. That much volume? Of course it more than smells like a concerted effort.

Yeah, sure does. I wonder what the real price is.  There was another pump few days ago and price crashed all of a sudden.

Do you know who can one pay to create such pumps on specific coins? I have heard some pumper trader whales are doing it for a fee.

You can pay truecryptionare to pump.

The real price? The last price was on the ticker - the next price will only be found in hindsight.

[Herp]

No sure anyone was told but Monero arranged for a pump with some known Poloniex traders. Don't buy into this BS.

If no one was told, then how does anyone know?

Are people aware this is an orchestrated pump meant to create a FOMO?

Some are, some aren't. Things go up and down. I don't have FOMO. It's likely that it will retrace again, of course. That much volume? Of course it more than smells like a concerted effort.

Yeah, sure does. I wonder what the real price is.  There was another pump few days ago and price crashed all of a sudden.

Do you know who can one pay to create such pumps on specific coins? I have heard some pumper trader whales are doing it for a fee.

You can pay truecryptionare to pump.

The real price? The last price was on the ticker - the next price will only be found in hindsight.

How much for a pump from say 4 mil mkt cap to 10 mil mkt cap, decent $500k volume and sustain that for a few days?

[binaryFate]

*cought* Troll detected *cought*

[opennux]

No sure anyone was told but Monero arranged for a pump with some known Poloniex traders. Don't buy into this BS.

If no one was told, then how does anyone know?

Are people aware this is an orchestrated pump meant to create a FOMO?

Some are, some aren't. Things go up and down. I don't have FOMO. It's likely that it will retrace again, of course. That much volume? Of course it more than smells like a concerted effort.

Yeah, sure does. I wonder what the real price is.  There was another pump few days ago and price crashed all of a sudden.

Do you know who can one pay to create such pumps on specific coins? I have heard some pumper trader whales are doing it for a fee.

You can pay truecryptionare to pump.

The real price? The last price was on the ticker - the next price will only be found in hindsight.

How much for a pump from say 4 mil mkt cap to 10 mil mkt cap, decent $500k volume and sustain that for a few days?

About $500k probably, give or take.

[pandher]

Nice to see Monero gaining marketshare it deserves

[bitebits]

XMR is currently at a double top.

3 cases:

1) Breakout (0.00238879)
2) Pullback,
  a) Rise again for a triple top break
  b) Pullback and fail (if it gives a sell at 0.00167545). Sometimes a double top can be very bearish.
3) Consolidate (more X/O columns without a buy/sell signal).


The above are based in the usual chart I have posted here (1d HL, 3%x3).

Do I understand correctly that it can go up, down, or sideways? Sounds like a safe bet to me  .

[klee]

XMR is currently at a double top.

3 cases:

1) Breakout (0.00238879)
2) Pullback,
  a) Rise again for a triple top break
  b) Pullback and fail (if it gives a sell at 0.00167545). Sometimes a double top can be very bearish.
3) Consolidate (more X/O columns without a buy/sell signal).


The above are based in the usual chart I have posted here (1d HL, 3%x3).

Do I understand correctly that it can go up, down, or sideways? Sounds like a safe bet to me  .

A common 'mistake' people make is that all TA is about predicting the future price.

PnF is not a method like that - it gives you a map. Where you wanna go and how is your choice (for example in a support you can buy with less risk or you can sell with more risk, reward would be the inverse, it's your choice though).

PnF is a method that gives objective price breakouts and support/resistances.

So once you have that info you can choose your strategy.

[klee]

XMR is currently at a double top.

3 cases:

1) Breakout (0.00238879)
2) Pullback,
  a) Rise again for a triple top break
  b) Pullback and fail (if it gives a sell at 0.00167545). Sometimes a double top can be very bearish.
3) Consolidate (more X/O columns without a buy/sell signal).


The above are based in the usual chart I have posted here (1d HL, 3%x3).

Do I understand correctly that it can go up, down, or sideways? Sounds like a safe bet to me  .

A common 'mistake' people make is that all TA is about predicting the future price.

PnF is not a method like that - it gives you a map. Where you wanna go and how is your choice (for example in a support you can buy with less risk or you can sell with more risk, reward would be the inverse, it's your choice though).

PnF is a method that gives objective price breakouts and support/resistances.

So once you have that info you can choose your strategy.

Did you know that ETH is a sell just now?

https://twitter.com/CryptXO/status/699650470911066114

[americanpegasus]

So we just passed Dash on the CoinGecko rankings and they have 2x the market cap we do at $16 million???  No way, we could easily run and hold $2 (0.00440k) no sweat.  In fact that would nearly be fair value for us. 

[dEBRUYNE]

OVERVIEW AND LOGS FOR THE DEV MEETING HELD ON 2016-02-14

https://getmonero.org/2016/02/14/overview-and-logs-for-the-dev-meeting-held-on-2016-02-14.html

[Herp]

Monero as in Money Nero = Black Money? Shitty name if you're looking for trouble.

You should consider a rebranding like Dash did.

[TrueCryptonaire]

So we just passed Dash on the CoinGecko rankings and they have 2x the market cap we do at $16 million???  No way, we could easily run and hold $2 (0.00440k) no sweat.  In fact that would nearly be fair value for us. 

0.0044 was a fair value during summer 2014 already.
Should be higher already especially considering the emission curve. When 11 million bitcoins were mined, the price of one bitcoin was higher than the price of a Monero.

[binaryFate]

Monero as in Money Nero = Black Money? Shitty name if you're looking for trouble.

You should consider a rebranding like Dash did.

No. Make sure your assumptions are correct before commenting on them.
Monero is "currency" in Esperanto.

[dEBRUYNE]

Crosspost:

For those following, there is a glibc exploit that affects all Bitcoin nodes (and all nodes of Bitcoin clones).

Here is Google's writeup on the issue: https://googleonlinesecurity.blogspot.com/2016/02/cve-2015-7547-glibc-getaddrinfo-stack.html

It can be exploited by an attacker in a number of scenarios, primarily when resolving DNS seeds.

Monero is unaffected by this, as we do not use glibc's getaddrinfo().

[Herp]

Monero as in Money Nero = Black Money? Shitty name if you're looking for trouble.

You should consider a rebranding like Dash did.

No. Make sure your assumptions are correct before commenting on them.
Monero is "currency" in Esperanto.

The nero=black suffix is still there and ugly if you ask me. Doesn't look good.

http://dictionary.reverso.net/italian-english/nero