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Author Topic: [XMR] Monero Speculation  (Read 3312393 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
aerbax
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September 24, 2016, 12:38:45 AM
 #22621

...
What was a typical connection rated at in 1987?  
...

In 1987, most people had a 1200baud.  2400baud was becoming more affordable.  

9600 was around, but out of reach for most home users - and by the time they came down enough in price, USRobotics HST's were all the rage (14.4k and 16.8k).
----

I speculate another round of bulltraps for the weekend.  They'll push it up to 185 or mid 190's before pulling the rug and dropping to the 170's.  The 160's may be briefly touched.

Aside from the whale-games, the 1h chart looks like we're gradually heading upwards.  Various news outlets are publishing some kind of Monero related story about once a day...which is keeping the adoption rates steadily increasing, but nothing huge.  When China gets on board, that will change.

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Reply with quote  #2

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el testosteron
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September 24, 2016, 01:33:30 AM
 #22622

For those bull traps you're predicting, how high do you expect the volume to go over the weekend? Right now it's in the lower 5k's. A bull trap would require a team of whales to pump a few thousand btc more, right?
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September 24, 2016, 02:04:27 AM
 #22623

XMR is looking good again. is .018 the new floor?  Shocked

Edit - Anyone been scoping DNM forums for news etc? Thanks

Edit2 - Looks like we are about to pass ETH 24hr vol trading too!  Cool

.
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[/ce
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September 24, 2016, 02:23:52 AM
 #22624

XMR is looking good again. is .018 the new floor?  Shocked

Edit - Anyone been scoping DNM forums for news etc? Thanks

Edit2 - Looks like we are about to pass ETH 24hr vol trading too!  Cool

More like ETH is about to pass XMR volume...  It's just going down while XMR is stable at the bottom of its oscillation.
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September 24, 2016, 02:56:32 AM
 #22625



I'm getting a hardon, pump must be getting close
Anon136
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September 24, 2016, 03:00:26 AM
 #22626

ETH volume in reach.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
TrueCryptonaire
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September 24, 2016, 07:43:25 AM
 #22627

Resistance at 0.019. Support 0.0165.
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September 24, 2016, 08:12:33 AM
 #22628

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

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September 24, 2016, 08:25:30 AM
 #22629

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

Perhaps it's Amonirex's Cheap Coins Point

.0188

我想要火箭和火车
freedomgo
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September 24, 2016, 08:53:20 AM
 #22630

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

Perhaps it's Amonirex's Cheap Coins Point

.0188
That's a good news for the XMR, we have a very good week so far and the price seem going up again, we should see XMR to 0.02 in the next few days then I will sell mine at a decent profit.

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TrueCryptonaire
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September 24, 2016, 09:13:43 AM
 #22631

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

To go there all it takes is one big green candle which we see every now and then.
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September 24, 2016, 11:18:37 AM
 #22632

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

To go there all it takes is one big green candle which we see every now and then.


60K XMR to get to .019....we haven't had volume like that since TheBigLegUPTM

I think we're going to plough this furrow for sometime -- the tree has been shaken for 'weak hands', the next trial is that of patience/cash flow.  So, a long hard slog to test holders resolve.

I hope I'm wrong but that's how this market now feels.

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September 24, 2016, 12:45:21 PM
 #22633

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

To go there all it takes is one big green candle which we see every now and then.


60K XMR to get to .019....we haven't had volume like that since TheBigLegUPTM

I think we're going to plough this furrow for sometime -- the tree has been shaken for 'weak hands', the next trial is that of patience/cash flow.  So, a long hard slog to test holders resolve.

I hope I'm wrong but that's how this market now feels.

Given that the weak hands have been shaken over 1 week ago, the price is slowly climbing up from 0.014-0.015 levels there are pretty fragile signs of recovery but I agree if this is recovery, it looks painfully slow.
I am expecting more big legs up. There are still many bitcoins in the sidelines waiting for the entrance. A lot of Legendary early day bitcoiners have still way too many bitcoins waiting to be invested into Monero.

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September 24, 2016, 12:51:17 PM
 #22634

...if this is recovery, it looks painfully slow.

A 23% gain, bottom to present, in less than 9 days is "painfully slow”?  wtfbbq!


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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September 24, 2016, 12:52:27 PM
 #22635

...if this is recovery, it looks painfully slow.

A 23% gain, bottom to present, in less than 9 days is "painfully slow”?  wtfbbq!



Hey, this is not stock market, man!
nanobrain
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September 24, 2016, 02:01:06 PM
 #22636

...if this is recovery, it looks painfully slow.

A 23% gain, bottom to present, in less than 9 days is "painfully slow”?  wtfbbq!



A week is a long time in politics; in crypto nine days is an interminable drag...and this correction is now into day 16!  Tongue


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September 24, 2016, 03:26:34 PM
Last edit: September 24, 2016, 03:43:02 PM by N-rG
 #22637

The strong uptrend line is the "unhealthy one"
the low uptrend due to spectators who wait with investments until it is a stable uptrend.

So the blue line is my prediction. So far we shouldnt touch 160 ever again which is sad cause i want to invest a lot more of EUR there Cheesy



Edit:
For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free
smoothie
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September 24, 2016, 05:00:27 PM
Last edit: September 24, 2016, 07:07:14 PM by smoothie
 #22638

LINK: https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694


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September 24, 2016, 06:57:13 PM
 #22639

A week is a long time in politics; in crypto nine days is an interminable drag...

This is a symptom of why these communities and this technology is going to do more to change the world than every political act in the history of man combined. This technology is a force of nature.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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September 24, 2016, 07:30:47 PM
 #22640

The strong uptrend line is the "unhealthy one"
the low uptrend due to spectators who wait with investments until it is a stable uptrend.

So the blue line is my prediction. So far we shouldnt touch 160 ever again which is sad cause i want to invest a lot more of EUR there Cheesy



Edit:
For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free

If you are an investor, you do not care that much price (+ or - 10 %).
When Monero is 1000 usd, it really doesn't make that big difference if you have bought your coins for 9.50 usd or 10.50 usd. However, if you are waiting some low ball price you might end up waiting forever and miss the big gains.
Usually when I say this, the counter argument is that "yeah, but for -10 % price you can get 10 % more coins". That's true. However, if you buy at spot and waite the price rises to 1100 usd/xmr you end up in the same end result. Remember, the price of Monero has to rise ovedr long haul, otherwise it dies because nobody considers it worthwhile holding.

Quote

For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free


Apparently you are not familiar with real estates.
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