TrueAnon
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 Offline
Activity: 1120
Merit: 1000
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May 19, 2016, 05:16:25 PM |
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Not really. It is quite obvious that Ethereum is not going away anytime soon
Eth is going to be going straight down. The single entity Eth manipulator is running a greater fool pump to attempt to exit the market before the DAO people can dump their $130 million denominated in Eth on May 28th. So you have that DAO + Bitcoin halving which will both crater the Eth price. As for what you might be able to expect from Bitcoin halving from this bollinger analysis: --pic-- Generally tightness of bollinger bands doesn't say anything about the direction, with all the (hostile) debates going on I wouldn't be suprised if it breaks down. True. But given what ETH is doing......it will most likely bomb out |
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dEBRUYNE
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Activity: 2268
Merit: 1141
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May 19, 2016, 08:03:55 PM |
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ArticMine
Legendary
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Activity: 2282
Merit: 1050
Monero Core Team
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May 19, 2016, 10:02:38 PM |
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Of course the article does not mention the adaptive blocksize limit in Monero nor does it mention the tail emissions in Monero and Dogecoin. Both adaptive blocksize limits and a tail emission are needed to implement the only known solution to the Bitcoin blocksize issue. Also Confidential Transaction was initially proposed for Bitcoin and then adapted for Monero, although it is becoming apparent that confidential transactions in the form of RingCT will be very likely implemented in Monero before confidential transactions are implemented in Bitcoin. Edit Coinjoin was proposed for Bitcoin well before Dash or its predecessors were created. Do I see a pattern here? |
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owlcatz
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Activity: 3626
Merit: 1967
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May 19, 2016, 10:51:44 PM |
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well that was a nice little afternoon rise... I was starting to get worried sad that this coin was going to do the same as it did last time this year.  |
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americanpegasus
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May 19, 2016, 11:00:38 PM |
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well that was a nice little afternoon rise... I was starting to get worried sad that this coin was going to do the same as it did last time this year. As silly as it seems now, I am hypothesizing a rise to $5 over the coming months, followed by a crash/consolidation to $2.50. Just don't expect it to happen in a straight line. It's gonna be a crazy roller coaster along the way. |
Account is back under control of the real AmericanPegasus.
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rdnkjdi
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Activity: 1256
Merit: 1009
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May 19, 2016, 11:02:03 PM |
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well that was a nice little afternoon rise... I was starting to get worried sad that this coin was going to do the same as it did last time this year. As silly as it seems now, I am hypothesizing a rise to $5 over the coming months, followed by a crash/consolidation to $2.50. Just don't expect it to happen in a straight line. It's gonna be a crazy roller coaster along the way. If bitcoin does badly over the halving - I can see this happening ... |
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Kramerc
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May 19, 2016, 11:05:48 PM |
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I am fantasizing about breaking upwards from this .001-.004 trading range, but I'd be happy with .006. I consider .01 to be very hard to achieve, doable only if bitcoin rallies past the ATH.
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owm123
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May 19, 2016, 11:15:55 PM |
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I am fantasizing about breaking upwards from this .001-.004 trading range, but I'd be happy with .006. I consider .01 to be very hard to achieve, doable only if bitcoin rallies past the ATH.
I think that current rise of all alts is again attributed to ETH. People start to see that there is more to cryptocurrencies than only bitcoin. |
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Nxtblg
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Activity: 924
Merit: 1000
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May 19, 2016, 11:29:34 PM |
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Constant dumpage is going on (and not only on XMR). Probably from people looking to get on ETH train
You surprised? Eth was pronounced dead by many, many times over last few months. And here we are, at nearly $14 again. Yeah: it went up above where I thought it would top. Go figure... |
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Nxtblg
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Activity: 924
Merit: 1000
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May 19, 2016, 11:31:13 PM |
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Not really. It is quite obvious that Ethereum is not going away anytime soon, whether one likes it or not. And more importantly we now have another big market influencing altcoins globally. Previously there was only bitcoin.
And Monero might well benefit from the trickle-down effect. When gold swings back upwards, the big producers climb up first. (In some cases, before gold itself gets motoring.) The smallies and the explorers take longer to wake up. |
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Dotto
Legendary
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Activity: 981
Merit: 1005
No maps for these territories
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May 20, 2016, 12:59:49 AM |
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ETH over the roof+ BTC taking a bath. It seems monero could do a violent momevent in any moment, and Im thinking 25k zone...
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americanpegasus
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May 20, 2016, 01:12:33 AM |
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ETH over the roof+ BTC taking a bath. It seems monero could do a violent momevent in any moment, and Im thinking 25k zone...
We are due for a technical correction upwards in any case. It seems like the perfect storm - let's see how the weekend plays out. |
Account is back under control of the real AmericanPegasus.
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Kramerc
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May 20, 2016, 06:39:23 AM |
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A record 5th red week in the row. That's impressive, even by Monero's dumping standards.
I think it's buy time.
38.2% of the whole drop is around .0027. If that breaks, watch for the .0032-.0036 zone. |
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medusa13
Sr. Member
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Activity: 453
Merit: 500
hello world
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May 20, 2016, 10:18:00 AM |
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lets see how the next 24-48 h develop some capitualtion allready happening, i felt it 1 or 2 days ago and you could see me go crazy on irc. cheers to all the bottom dumpers  |
XMR Monero
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Globb0
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Activity: 2674
Merit: 2053
Free spirit
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May 20, 2016, 11:02:55 AM |
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Some real spiteful and malicious FUD in this forum, that cant be helping.
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TooDumbForBitcoin
Legendary
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Activity: 1638
Merit: 1001
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May 20, 2016, 11:43:02 AM |
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Not really. It is quite obvious that Ethereum is not going away anytime soon, whether one likes it or not. And more importantly we now have another big market influencing altcoins globally. Previously there was only bitcoin.
And Monero might well benefit from the trickle-down effect. When gold swings back upwards, the big producers climb up first. (In some cases, before gold itself gets motoring.) The smallies and the explorers take longer to wake up. I see nxtblg posting three in a row. My forum ad blocker prevents me from seeing his sig - is he getting paid for something? Is his patron getting value? |
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stefanf
Newbie
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Activity: 21
Merit: 0
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May 20, 2016, 12:23:58 PM |
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And that cockr0ach guy talking nonsense obviously on purpose, like ETH dump at the end of DAO, as if some guy will have access to those funds... Go figure..
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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May 20, 2016, 12:42:27 PM |
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Of course the article does not mention the adaptive blocksize limit in Monero nor does it mention the tail emissions in Monero and Dogecoin. Both adaptive blocksize limits and a tail emission are needed to implement the only known solution to the Bitcoin blocksize issue. Nor does it mention the blinding speed at which the block size issue was dealt with.  |
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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May 20, 2016, 12:43:34 PM |
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well that was a nice little afternoon rise... I was starting to get worried sad that this coin was going to do the same as it did last time this year. As silly as it seems now, I am hypothesizing a rise to $5 over the coming months, followed by a crash/consolidation to $2.50. Just don't expect it to happen in a straight line. It's gonna be a crazy roller coaster along the way. Hey, AP. Did you feed out some of your Siacoin to the hungry moonies? 'Gratz on that one.  |
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