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OrangeP
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September 19, 2016, 07:15:31 PM |
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Looks like we're in heavy buying mode again.
Let's see for how long.
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obit33
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September 19, 2016, 07:18:45 PM |
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dayum, now that's a nice break-out...  |
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N-rG
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September 19, 2016, 07:22:11 PM |
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similar breakout was already at 14 related to your chart...i would be careful but bad tongues would say i only say that cause im short xD
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obit33
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September 19, 2016, 07:24:44 PM |
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similar breakout was already at 14 related to your chart...i would be careful but bad tongues would say i only say that cause im short xD
you're right about that, one can interpret charts however one likes... just looks nice... you evil shorter!  |
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N-rG
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September 19, 2016, 07:29:14 PM |
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similar breakout was already at 14 related to your chart...i would be careful but bad tongues would say i only say that cause im short xD
you're right about that, one can interpret charts however one likes... just looks nice... you evil shorter! But as I said i also think that the bottom is reached with ~142 but what happend today is just another bubble which will burst. Moreover im concerned about the fake buy wall. Something is wrong in that market. Maybe a bull trap, maybe just a rich kid playing with daddys money  |
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aminorex
Legendary
 Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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September 19, 2016, 07:34:09 PM |
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From my point of view it doesn't really matter whether this is a breakout or not. What matters is that eventually it will break out and level up, and I don't want to be caught wrong-footed when that happens.
Call me a moon child if you like, but at least half the sovereign debt outstanding is never going to be repaid. When that fact gets priced in, everything will sell off massively, all counterparty, repository, and fiduciary trust relationship will be called into question. You think you have gold because you own GLD? Hmmmph. Physical wealth safe from lien or seizure, and crypto, are going to be at maximum premium when the bail-ins begin in earnest in Europe. Monero is the safest of all assets in this regard.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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N-rG
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September 19, 2016, 08:38:32 PM |
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Pay attention to the buy wall, its a fake. Guess a bot or so. When the current price drops, the wall also drops in the same way. The market is manipulated but i dont know in whose favour.
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Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
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September 19, 2016, 08:49:16 PM |
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Pay attention to the buy wall, its a fake. Guess a bot or so. When the current price drops, the wall also drops in the same way. The market is manipulated but i dont know in whose favour.
Probably massive btc whales trying to abandon ship without sending the price to the moon before they can finish  *edit* if it is as you say. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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CTTE
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September 19, 2016, 09:03:31 PM |
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Pay attention to the buy wall, its a fake. Guess a bot or so. When the current price drops, the wall also drops in the same way. The market is manipulated but i dont know in whose favour.
What buy wall? There are a couple of larger orders but nothing I would consider a wall at this price point... 1000 Monero is still a relatively small amount. |
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N-rG
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September 19, 2016, 09:08:23 PM |
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There is/was a 300BTC buy wall which jumped 1:1 -6 to the current price. Must belong to one Polo Account. (deactivate order Grouping)
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tifozi
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September 19, 2016, 10:18:35 PM |
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There is/was a 300BTC buy wall which jumped 1:1 -6 to the current price. Must belong to one Polo Account. (deactivate order Grouping)
Must be nervous times for you. I expect 10 more posts at least over the next 2 pages.  |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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September 19, 2016, 10:31:17 PM |
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From my point of view it doesn't really matter whether this is a breakout or not. What matters is that eventually it will break out and level up, and I don't want to be caught wrong-footed when that happens.
Call me a moon child if you like, but at least half the sovereign debt outstanding is never going to be repaid. When that fact gets priced in, everything will sell off massively, all counterparty, repository, and fiduciary trust relationship will be called into question. You think you have gold because you own GLD? Hmmmph. Physical wealth safe from lien or seizure, and crypto, are going to be at maximum premium when the bail-ins begin in earnest in Europe. Monero is the safest of all assets in this regard.
Monero will outlive the Euro. Is there such a thing as physical wealth safe from lien or seizure? I mean... short of standing an army on it? |
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nioc
Legendary
Offline
Activity: 1624
Merit: 1008
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September 19, 2016, 10:42:10 PM |
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Hueristic
Legendary
Offline
Activity: 3808
Merit: 4898
Doomed to see the future and unable to prevent it
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September 19, 2016, 11:24:05 PM |
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short at 167 hehe How's that working out for you? |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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September 19, 2016, 11:59:35 PM |
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Monero will outlive the Euro.
Is there such a thing as physical wealth safe from lien or seizure? I mean... short of standing an army on it?
Echo chamber here, I think - choir preaching to choir, but: I suspect it will also outlive the USD, although that is even more speculative. A clever and well-heeled investor diversifies across jurisdictions, and depends on the a diversity of local militia/constabulary/judiciary, to amortize political risk. Crypto is the perfect jurisdiction. It's soldiers are miners, it's judges are fullnodes, it's laws are those of mathematics. |
Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
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September 20, 2016, 12:24:14 AM |
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words...
Hey I haven't seen you in forever! Hows it going man? Are you involved in monero? I wasn't aware. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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September 20, 2016, 01:34:12 AM |
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short at 167 hehe How's that working out for you?  |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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September 20, 2016, 03:47:38 AM |
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short at 167 hehe How's that working out for you? <rekt.jpg> LOL - he's short at 167 and we're all the way up to? 170 right now? 2% is a rounding error in these markets. We should reserve epic pics for epic fails, schadenfreude is bad karma dude. (Edit: not that I'm saying you should hold your short and pray for profits. I'm just saying if you cut your losers quick and ride your winners you'll probably have more fun.) |
"You have no moral right to rule us, nor do you possess any methods of enforcement that we have reason to fear." - John Perry Barlow, 1996
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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September 20, 2016, 04:06:39 AM |
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short at 167 hehe How's that working out for you? <rekt.jpg> LOL - he's short at 167 and we're all the way up to? 170 right now? 2% is a rounding error in these markets. We should reserve epic pics for epic fails, schadenfreude is bad karma dude. (Edit: not that I'm saying you should hold your short and pray for profits. I'm just saying if you cut your losers quick and ride your winners you'll probably have more fun.) TBH I just wanted to use that picture. Too soon, my bad. But the top was almost 180. Who knows how much leverage Moonboy was using? Schadenfreude isn't just a hobby, it's a way of life. Maybe Baphomet will have to dig out a new, deeper circle of hell for me! |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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September 20, 2016, 04:35:15 AM |
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If the price of Monero reaches 100 usd ("moon") I am expecting the OTC volumes starting to hit the markets.
Monero is a currency which works the best in OTC platforms where people can transact between fiat and Monero without revealing identities to each other.
I am expecting the OTC trading to such Moneros from circulation and creating severe shortages in those days. Shorting Monero will be welcomed warmly because the shorters will give markets to the accumulators. The only problem is that shorting Monero do not pay that well because the accumulators will not buy the coins in order to instadump into the short covery bids.
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