[XMR] Monero Speculation

[klee]

The wall became x2 at some point - 400btc, 200k xmr.

Well you stupid whale, if you have so many xmr there I am sure it is because you are expecting a big price increase to offload them  

You know shit about trading....

[ArticMine]

The wall seems to be removed (for now). Ask side looks rather flat without it.

Thank you Risto.

It is back

[macsga]

The wall became x2 at some point - 400btc, 200k xmr.

Well you stupid whale, if you have so many xmr there I am sure it is because you are expecting a big price increase to offload them  

You know shit about trading....

I don't think so. I think he knows *exactly* what trading is for; it's about egotism. If you let your egotism be strong enough you lose money; and he gains. From what I can tell, he's an early adopter even buying all these months @ 10-12 range. He doubles his stash in BTC which (in turn) will be hitting $500 maybe within a month. So; if XMR falls again, he will buy back the double; if XMR climbs up he will be selling at the next stop (26?).

Of course, sometimes... things are not getting the way you planned them. There's a Greek saying:

"Όταν o άνθρωπoς κάνει σχέδια o Θεός γελά"
"When the man makes plans for the future, God has a good laugh"

I personally forget all about XMR at the moment. I may even transfer them into my cold wallet. I am where I wanted. If you want an advice, don't trade. That's the only thing you can do at the moment.

Cheers.

[klee]

The wall became x2 at some point - 400btc, 200k xmr.

Well you stupid whale, if you have so many xmr there I am sure it is because you are expecting a big price increase to offload them  

You know shit about trading....

I don't think so. I think he knows *exactly* what trading is for; it's about egotism. If you let your egotism be strong enough you lose money; and he gains. From what I can tell, he's an early adopter even buying all these months @ 10-12 range. He doubles his stash in BTC which (in turn) will be hitting $500 maybe within a month. So; if XMR falls again, he will buy back the double; if XMR climbs up he will be selling at the next stop (26?).

Of course, sometimes... things are not getting the way you planned them. There's a Greek saying:

"Όταν o άνθρωπoς κάνει σχέδια o Θεός γελά"
"When the man makes plans for the future, God has a good laugh"

I personally forget all about XMR at the moment. I may even transfer them into my cold wallet. I am where I wanted. If you want an advice, don't trade. That's the only thing you can do at the moment.

Cheers.

No. He sucks at poker.

Too bored to describe why.

But this explains it perfectly:

Θέλει η πoυτάνα να κρυφτεί και η χαρά δεν την αφήνει.

[Bassica]

I just hope he ends up market-selling it so that some of my greedy bids get filled Then we pump again! 

[GreekBitcoin]

Θέλει η πoυτάνα να κρυφτεί και η χαρά δεν την αφήνει.

But can it really be that obvious? I am asking myself that these days.

[macsga]

[klee]

Θέλει η πoυτάνα να κρυφτεί και η χαρά δεν την αφήνει.

But can it really be that obvious? I am asking myself that these days.

Lol, Occam's razor I suppose!

[bitebits]

Wall is back again :-P

Are you talking about the post of americanpegasus  :

[...] Here's another powerful truism: the truth is usually pretty elegant, considering what it represents.  And Monero is the most elegant of altcoins, aside from Bitcoin itself.  It takes the idea of a blockchain and extends it by one key concept - ring signatures.  Now, those might be intricate, but the abstraction of what has been done is not.  There is no convoluted and scammy 'staking' and IPO to consider.  It's simple, clean, elegant mathematics. [...]

Fully agree, don't need any other feature than online-payment privacy / untraceability / fungibility. And that alone is a lot to ask, adding the missing part to the internet.

[klee]

btw bitcoinwisdom has many bugs...

Can we lobby cryptowat.ch to add XMR? I have tweeted to him many times, I mean wtf, he even has STR!

[medusa13]

btw bitcoinwisdom has many bugs...

Can we lobby cryptowat.ch to add XMR? I have tweeted to him many times, I mean wtf, he even has STR!

yeah i wrote them too some time ago...no response.
dont know if its something "political"

anyway wall gone again, maybe we see it again. sooner or later he will catch himself a blue eye thats for sure

[Hueristic]

...
Θέλει η πoυτάνα να κρυφτεί και η χαρά δεν την αφήνει.

Translate please, google doesn't give coherent answers.

[rpietila]

Might be a sign that the price starts to climb up as Risto has accumulated the coins he sold over 0.002.

There is a common misconception that 1) I cared about XMR price and 2) traded it and 3) participated in the discussion to further my own goals.

The reality is 1) It is a very small deal in my life wherever XMR price goes, or even any other price. My next milestone that requires money needs $10 million (extra) so even if I got $5 million, it would not interest me a bit. 2) in this context the idea of spending time to - at best - gain $10k here and there by trading is stupid, I don't remember when last traded XMR. 3) and therefore you can read my wisdom without fear.

[americanpegasus]

In Agar.io you can be pretty confident the mega bubble doesn't really care to gobble you up, so long as you stay beneath a certain size. 
 
This guarantee breaks down if the mega bubble gets bored and eats you out of spite, or you become large enough to look tasty to it, or you accidentally hang out with enough other bubbles your size to appear as a tasty net meal. 
 
Agar.io is possibly the greatest market metaphor humanity has ever created and I feel like I'm one of the few who realizes it. 

[klee]

...
Θέλει η πoυτάνα να κρυφτεί και η χαρά δεν την αφήνει.

Translate please, google doesn't give coherent answers.

It means that you try to control your basic instincts but nature betrays you.

So the higher cognitive functions in trading & poker needs you disciplined but the smallest reflexive move in a very short duration of time can unmask your strategy.

Flashing the 2nd wall (of another 100K xmr) for only seconds was enough to make 100% sure that the whale was just trying to accumulate more coins -> bullish.

Bluff.

[koryu]

i see a chance for golden cross 50x200d moving averages on monero, i go for a gamble here and be back in.

[pa]

...
Θέλει η πoυτάνα να κρυφτεί και η χαρά δεν την αφήνει.

Translate please, google doesn't give coherent answers.

It means that you try to control your basic instincts but nature betrays you.

So the higher cognitive functions in trading & poker needs you disciplined but the smallest reflexive move in a very short duration of time can unmask your strategy.

Flashing the 2nd wall (of another 100K xmr) for only seconds was enough to make 100% sure that the whale was just trying to accumulate more coins -> bullish.

Bluff.

Not everyone is playing for a narrow win. I suspect the wall-maker (whale-maker) understands the importance of wide distribution and is fishing for a minnow with more money than time, who would become a whale in one bite.

[klee]

...
Θέλει η πoυτάνα να κρυφτεί και η χαρά δεν την αφήνει.

Translate please, google doesn't give coherent answers.

It means that you try to control your basic instincts but nature betrays you.

So the higher cognitive functions in trading & poker needs you disciplined but the smallest reflexive move in a very short duration of time can unmask your strategy.

Flashing the 2nd wall (of another 100K xmr) for only seconds was enough to make 100% sure that the whale was just trying to accumulate more coins -> bullish.

Bluff.

Not everyone is playing for a narrow win. I suspect the wall-maker (whale-maker) understands the importance of wide distribution and is fishing for a minnow with more money than time, who would become a whale in one bite.

That was my understanding too, until he flashed the 2nd wall!

Maybe I am wrong, after all I don't care for walls & volume from TA point of view.

[iCEBREAKER]

In Agar.io you can be pretty confident the mega bubble doesn't really care to gobble you up, so long as you stay beneath a certain size. 
 
This guarantee breaks down if the mega bubble gets bored and eats you out of spite, or you become large enough to look tasty to it, or you accidentally hang out with enough other bubbles your size to appear as a tasty net meal. 
 
Agar.io is possibly the greatest market metaphor humanity has ever created and I feel like I'm one of the few who realizes it. 

I prefer chopcoin.io (you can win/bet BTC), but agree on the profundity of the game.

It's not just distilling the essence of financial markets, as agar-type games recapitulate the ontogeny of biology and the evolutionary trade-offs involved.

The Hermetic principles are on full display in that brilliant cross between Conway's Game of Life, Go, poker, and [favorite first person shooter].

"That which is Below corresponds to that which is Above, and that which is Above corresponds to that which is Below, to accomplish the miracle of the One Thing."

The basic dopaminergic mesolimbic joy of grazing on energy pellets, the existential terror of being eaten, the pressure to adapt/react/strategize all at once, the wonders of the Kybalion illustrated...

"Wow this is fun...I am a happy little bubble...nom...nom...nom...bloop...bloop...bloop"  
"Oh man that was close!...Haha, got you chump!"  
"ZOMG that fat fuck just swallowed me whole!...I hate this stupid game!"  
"How much longer until the next round begins?"  

Chopcoin is a great model for faucets as a fun, addictive means to gain Proof Of Humanity.

I'd love to license the code for XMR and use it to distribute tacoshis.  Maybe I'll put up a FFS thread after the GUI is done.

[bitebits]

I thought cash was fungible, dammit: http://en.eurobilltracker.com/index.php

EuroBillTracker (EBT) is an international non-profit volunteer project dedicated to tracking Euro notes around the world.