[XMR] Monero Speculation

[malmoghetto]

iam prediction monero can up go the moon
is every one coin monero can up price 500k satoshi in end year

I think you miss one 0, because now the price is 1.4M satoshi now, now that you said monero will go to the moon, therefore you should refer to 5M satoshis, not 500k, 5M is 0.05 btc per monero.

While IMO you are too optimistic, if the price of monero will be over 0.01 in the end, the result is good, because in 2 weeks ago, monero's price was only 0.003X. Already big pump if the price is 0.01, with 3X profit.

[aminorex]

waiting for the ask book to fill up again, followed by another sweep.  rinse, repeat.

looking at candles, I see lots of stupid little red ones, and a few big, sly green ones.

big storm is coming.

[nanobrain]

295K XMR available under 0.01875
6400+ BTC bids
lots of shorts taken, possibly well represented within that pile of resistance. 
powder keg.

Wondering if we are in for another w/e like the last one.

Up to .03 by Monday....hahahaa

[explorer]

295K XMR available under 0.01875
6400+ BTC bids
lots of shorts taken, possibly well represented within that pile of resistance. 
powder keg.

Wondering if we are in for another w/e like the last one.

Up to .03 by Monday....hahahaa

 I do need a new truck 

[aminorex]

Up to .03 by Monday....hahahaa

I'll place a few asks, just in case.  I am pretty sure I can get them back, and I am xmr-heavy anyhow.  From 00635 to 01875 is roughly 3x, so asks between 250 and 450 make sense.

[explorer]

Up to .03 by Monday....hahahaa

I'll place a few asks, just in case.  I am pretty sure I can get them back, and I am xmr-heavy anyhow.  From 00635 to 01875 is roughly 3x, so asks between 250 and 450 make sense.

That makes sense.  I suppose I could risk selling some around $25 in expectation of a healthy correction. 
$16 is on the depth chart at polo already.  $25 is a brief catapult beyond.

  5.5 months ago...
https://bitcointalk.org/index.php?topic=753252.msg14180742#msg14180742

[Globb0]

seems to be priced in now and ticking along in a range

[nanobrain]

And the 4h chart is looking more like a pennant (and less like a dinosaur ).....what are the odds we test the ATH this weekend.

[whap]

And the 4h chart is looking more like a pennant (and less like a dinosaur ).....what are the odds we test the ATH this weekend.

4h is definately a pennant, if not more of a falling wedge. We already broke out but are hitting a nasty resistance now (blue rectangle). Breaking upwards would bring another bullish momentum, probably strong enough to test the ATH. I guess that ETH and ETC took some of the steam from XMR, otherwise we could probably be in beast mode again.

No odds from my side nano, but dinosaurs can grow big!

[nanobrain]

Thanks whap.

And SAR has flipped to support on the 4hr, EMA has crossed on the 1 and 2 hr.....and...if it wasn't for the fact I think TA is completely useless in crypto, I'd reckon this is looking bullish.

[Globb0]

[whap]

A Bullosaurus! 

I know TA is worth shit in such unpredictable markets, but mixed with fundamentals it's a helpful tool to determine swings and directions. With all Monero has in the pipeline atm plus growing widespread awareness...
Only don't disregard the bearish aspects as well, we have Roger on our side and no handsome Andreas.

[dEBRUYNE]

Can you send monero to moneradress multiple times without it being a problem? For example, I sent a small amount to test and then a few more monero a second time. I checked xmr.llcoins. net for the and they are there. Just had to enter the tx id for each tx sent.

Yes, you can safely do this :-)

[primer-]

No XMR transactions reported yesterday on alphabay.

I guess darknet traders just don't care. Junkies are not really the brightest crowd.

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable taking the current ATH network difficulty into account, everything
above is just speculation.

[Febo]

Quite opposite primer.

Was just checking Monero transactions. Last week they were double of what was last month, and quadruple what was last year.

There are blocks with over 20 transactiosn in it. Last time i watch that when was still 1 minute block and having 20 transactions was just a dream back then.  It is just a matter of time when we will see first block with 100 transactions in it.

[primer-]

Quite opposite primer.

Was just checking Monero transactions. Last week they were double of what was last month, and quadruple what was last year.

There are blocks with over 20 transactiosn in it. Last time i watch that when was still 1 minute block and having 20 transactions was just a dream back then.  It is just a matter of time when we will see first block with 100 transactions in it.

20 transactions in a single 2min block ? Unbelievable! /s
Looking at the last 50 blocks I mined (4 days), average # of txs per block is 3. People sending to and from the exchanges, miners being paid by the pools, nothing interesting really..

[sparky999]

No XMR transactions reported yesterday on alphabay.

I guess darknet traders just don't care. Junkies are not really the brightest crowd.

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable taking the current ATH network difficulty into account, everything
above is just speculation.

Well this is just wrong I know for a fact there were transactions in XMR on AB yesterday

[nanobrain]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

[NewLiberty]

Yes, that's all good.

But believe me, the sensationalist pieces will follow -- that's not being either pessimistic or contrarian, simply experienced with the print medium.  Its the obvious angle for editors to spice up a dry tech/economics story.

In some ways its not a problem, it simply reflects the same rite of passage BTC went through -- and of course it does mean a lot of writers are going to have volte face on how they describe BTC (ie they sold it to the masses as anonymous but hey turns out it isn't).

I wonder if the smart editor would pick a different angle. I mean, what bitcoin went through has been done so many times now. It's really beating a dead horse, and I just wonder if that's a good sell for a news-outlet. If I was an editor that only had page-views / newspaper sales and a happy board in mind, then I*m not even sure I'd choose that whole approach and sell again. But I am giving them too much credit...

Smart editors....ha ha ha

"If it bleeds, it leads"....similarly sex, crime and drugs get eyeballs.

Also, most editors are in thrall to their proprietors' political views/ambitions.  This (XMR) is low hanging fruit for rightwing news outlets.

Way, way too much credit

My point is: a tsunami of these stories is swelling on the horizon but don't worry, in the long run it will be good for XMR.

The prevailing tenor of the stories on this are likely to be
"We used to think that Bitcoin was the bad money, because crimes, but now we see that it is Monero which is soo much worse"
This ends up being good press mentions for both XBT and XMR.

I maintain that the main market for XMR in the long run is the multinational corporation and the banks.  Those are the biggest crime syndicates there are.  The DNM stuff is just a proving ground for the banksters.

[primer-]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins