[XMR] Monero Speculation

[noobtrader]

...
Damn I goto casino for a few days and all hell breaks loose.
...

[1714700168]

1714700168

[1714700168]

1714700168

[nioc]

Although I don't make comments like cheap coins or to the moon I'm still here.  Been here through both periods of 0.001  I don't know about my buddy explorer, haven't seen his node up lately.  I have been very busy at work for many days but today is slow.  Slow enough to play poker on the intertubes with a cat on my lap.  

# of Moneroj sold = 0
# of Moneroj acquired = relatively small amount

Time for a bite to eat and do a little work 

Edit: I just realized the ambiguous time frame. 
Sold = this year
Acquired = on this most recent downturn

I bought this year on the way up in the 100s and 200s with some thought of selling higher but I don't seem to have learned how to do that.  I also bought a little in the 300s with some leftover earmarked btc.  Acquired and bought are two different words.

[medusa13]

well those very few days without internet in my life and you guys completely escalate it

yeah i am still here too, those chilling with me on IRC know.   sorry guys, cant come online.
i dumped walls, market bought, limitordered the shit out of it and went crazy several times. i am in the lucky position to be happy wherever it goes i guess(maybe i am crazy since i dont hold a 50/50 xmrbtc ratio). a small ltc position let me peace my mind at night
volume still good, liquidity also somehow ok, but took a hit and needs time to recharge. if there is volume without recharging, well price moves a lot.

stay easy people

[Kramerc]

Although I don't make comments like cheap coins or to the moon I'm still here.  Been here through both periods of 0.001  I don't know about my buddy explorer, haven't seen his node up lately.  I have been very busy at work for many days but today is slow.  Slow enough to play poker on the intertubes with a cat on my lap.  

# of Moneroj sold = 0
# of Moneroj acquired = relatively small amount

Time for a bite to eat and do a little work 

Edit: I just realized the ambiguous time frame. 
Sold = this year
Acquired = on this most recent downturn

I bought this year on the way up in the 100s and 200s with some thought of selling higher but I don't seem to have learned how to do that.  I also bought a little in the 300s with some leftover earmarked btc.  Acquired and bought are two different words.

Selling is hard only the first few times. After you manage a 50% increase, or, God forbid, to double your XMR stash, selling during the overextended periods of the market becomes much fun.

Or you can just think about it another way: you're taking money from greedy traders who have no love for XMR, and then you are able to invest more into your precious coins, drying up even more supply into strong hands. Good for you, good for XMR, bullish for the market on medium to long-term.

[nioc]

^^^Thank you.  Well I have tested the waters in the past with very small amounts with some success but that's as far as it went.  At this point I have neither Monero nor bitcoin on any exchanges.  I do use btc but I should start using XMR.TO when doing so.

[nioc]

He's back!!   

[smooth]

Never invest in crypto anything you can't afford to lose, I say!

What about banks that are by definition bankrupt at all times and the second any big debts are defaultd on, creates cascading deflationary collapse and you lose everything?

The questionable assumption is that any sort of perfect store of value exists or can exist.

[Nxtblg]

Snapshot #56978 says at 0.03% - 34948.17422534
Snapshot #56980 says at 0.03% - 2346.06250770

Question: are those snapshots from API data or are they from screengrabs? Thanks,

API as far as I know.

Thanks.

[dEBRUYNE]

DASH was just added to BTC-e. Pretty disappointing.  

It is a little bit disappointing, particularly as it's an entry into Chinese markets.

But really I don't see it any more disappointing than the situation concerning the current Facebook generation or the Western media curtain. As the revolution revolves so too do a myriad of concurrently evolving challenges and omnipotent antagonists.

At the end of the day, you can take a horse to water but you can't make it drink.

How so? Look on the bright side, this probably opens the door for Monero as well in the foreseeable future.

[rangedriver]

DASH was just added to BTC-e. Pretty disappointing.  

It is a little bit disappointing, particularly as it's an entry into Chinese markets.

But really I don't see it any more disappointing than the situation concerning the current Facebook generation or the Western media curtain. As the revolution revolves so too do a myriad of concurrently evolving challenges and omnipotent antagonists.

At the end of the day, you can take a horse to water but you can't make it drink.

How so? Look on the bright side, this probably opens the door for Monero as well in the foreseeable future.

Unquestionably.

The disappointment doesn't necessarily equate to any Monero loss.

Truth be told, there is something deeply depressing about the entire Dash zeitgeist that is reminiscent of the North Korean population. Curiously idiotic, and somehow enslaved by a kind of indifferent ignorance. It's followed by a sympathetic hope that one day the userbase will find the intellectual capacity to engage in a greater liberty... yet it never ceases to fail.

[ArticMine]

When it comes to Dash and Monero this is the chart to watch. https://poloniex.com/exchange#xmr_dash. There is an interesting shooting star candlestick forming in the daily chart.

Things could get really interesting if Dash were to fall below 1.8 XMR sometime in the future.  

Edit: http://www.investopedia.com/terms/s/shootingstar.asp

[iCEBREAKER]

DASH was just added to BTC-e. Pretty disappointing. 

Well that sucks.  BTC-e is the perfect marketplace for the bitcoin alternative (which XMR needs to become).

Monero user not affected.   

If Kraken or Gemini had added Dash, I'd be a bit miffed.

But BTC-e is a has-been exchange, due to nothing other than their own refusal to listen to one of their oldest and most loyal customers.

This is nothing to pout about; it only cements Dash's shady reputation as a coin that bribes exchanges with instamined coins.

Dash is a good fit for Novacoin's main exchange, but in a month nobody will even care about this non-event.

I left BTC-e years ago precisely because the bulk of my non-BTC stack needed to shift from XPM to XMR.

They were informed I won't return until they offer XMR, but choose to sit on their thumbs as the rapidly evolving altcoin world passed them by.

Result?  They lost out on $100s of millions in trading volume as Polo showed the world what an exchange that supports innovation looks like.

Dash volume isn't moving off Polo, because the hot money and dumb kids love their IPO/ICO scams too much.

Dash will be delisted from BTC-e (as it was from Bittrex) for lack of volume in less time than IXcoin lasted there.   

[ArticMine]

...

Monero user not affected.   

If Kraken or Gemini had added Dash, I'd be a bit miffed.

But BTC-e is a has-been exchange, due to nothing other than their own refusal to listen to one of their oldest and most loyal customers.

This is nothing to pout about; it only cements Dash's shady reputation as a coin that bribes exchanges with instamined coins.

Dash is a good fit for Novacoin's main exchange, but in a month nobody will even care about this non-event.

I left BTC-e years ago precisely because the bulk of my non-BTC stack needed to shift from XPM to XMR.

They were informed I won't return until they offer XMR, but choose to sit on their thumbs as the rapidly evolving altcoin world passed them by.

Result?  They lost out on $100s of millions in trading volume as Polo showed the world what an exchange that supports innovation looks like.

Dash volume isn't moving off Polo, because the hot money and dumb kids love their IPO/ICO scams too much.

Dash will be delisted from BTC-e (as it was from Bittrex) for lack of volume in less time than IXcoin lasted there.   

Dash listed on BTC-E is a non event. As for the impact on the market vs XMR the shooting star in DASH/XMR speaks volumes

[smooth]

If Kraken or Gemini had added Dash, I'd be a bit miffed.

It wouldn't shock me. If they are going to play alts, then as much as I think it is nonsense, having a high market cap ranking means that a coin will be at least considered. I wouldn't expect exchanges to ignore the #4-5 cap coin (depending if you include Ripple).

[iCEBREAKER]

Dash listed on BTC-E is a non event. As for the impact on the market vs XMR the shooting star in DASH/XMR speaks volumes

Dash on BTC-E is as important as its listings on Exmo and Livecoin.  IE, not at all.

Wake me up when it gets on a modern, relevant exchange that gives a shit about supporting innovation and providing what its customers want.

Thanks for the pro tip on that shooting star.  It dwarfs investopedia's textbook example!  

https://www.youtube.com/watch?v=sYhnEdxdINA

Like a shooting star across the midnight sky,
where ever you are you're gonna see me fly.
so high...

I suspect that shooting star is BTC-E accumulating XMR (using their instamined Dash bribe) so they can profit from the eventual (post GUI) listing.

Lending rates on XMR are still trivial.

It speaks volumes that ~nobody is willing to short XMR on a day when it's up 12%+.  

[spatula]

Are you guys really doing TA on charts that have a 1-2 BTC daily volume to try to find good news? Anything to fit your delusional narrative I guess.

[iCEBREAKER]

Are you guys really doing TA on charts that have a 1-2 BTC daily volume to try to find good news? Anything to fit your delusional narrative I guess.

The "good news" is XMR is making a stunning recovery, leading the altcoin sector and up 12%+ with nobody willing to short it.

Today's "delusional narrative" is the DashHole fairy tale about how BTC-E is a big deal for the Evan's Gate cult and a crushing blow to Monero.

But that's not what the shooting star indicates.

And pointing out a single feature on the chart is hardly "TA."

Obviously you would rather the shooting star go unnoticed and unremarked upon.

I wonder why that is?   

[noobtrader]

DASH was just added to BTC-e. Pretty disappointing.  

It is a little bit disappointing, particularly as it's an entry into Chinese markets.

But really I don't see it any more disappointing than the situation concerning the current Facebook generation or the Western media curtain. As the revolution revolves so too do a myriad of concurrently evolving challenges and omnipotent antagonists.

At the end of the day, you can take a horse to water but you can't make it drink.

How so? Look on the bright side, this probably opens the door for Monero as well in the foreseeable future.

Unquestionably.

The disappointment doesn't necessarily equate to any Monero loss.

Truth be told, there is something deeply depressing about the entire Dash zeitgeist that is reminiscent of the North Korean population. Curiously idiotic, and somehow enslaved by a kind of indifferent ignorance. It's followed by a sympathetic hope that one day the userbase will find the intellectual capacity to engage in a greater liberty... yet it never ceases to fail.

Hate is a disease. It is fear's messenger and it makes us do terrible things in a shadow of our better selves, of what we could be.
- Colin Farrell

[ArticMine]

Are you guys really doing TA on charts that have a 1-2 BTC daily volume to try to find good news? Anything to fit your delusional narrative I guess.

It is trivial to arbitrage DASH/XMR on Poloniex against DASH/XBT and XMR/XBT on the same exchange. Both DASH/XBT and XMR/XBT on Poloniex are very liquid markets. It will also be interesting to see how DASH/XBT on BTC-E compares to DASH/XMR on Poloniex volume wise, especially considering that BTC-E is using the wrong code, DSH, rather than DASH for Dash. 

[Hueristic]

Are you guys really doing TA on charts that have a 1-2 BTC daily volume to try to find good news? Anything to fit your delusional narrative I guess.

It is trivial to arbitrage DASH/XMR on Poloniex against DASH/XBT and XMR/XBT on the same exchange. Both DASH/XBT and XMR/XBT on Poloniex are very liquid markets. It will also be interesting to see how DASH/XBT on BTC-E compares to DASH/XMR on Poloniex volume wise, especially considering that BTC-E is using the wrong code, DSH, rather than DASH for Dash. 

Lol. Sounds professional. Maybe they actually added the real Dashcoin. <-- Joke