Bitcoin Forum
November 27, 2022, 02:38:44 AM *
News: Reminder: do not keep your money in online accounts
 
   Home   Help Search Login Register More  
Pages: « 1 ... 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 [1252] 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 ... 2188 »
  Print  
Author Topic: [XMR] Monero Speculation  (Read 3308033 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.)
kurious
Legendary
*
Offline Offline

Activity: 2562
Merit: 1618



View Profile
November 13, 2016, 10:33:53 PM
 #25021

*yawn* you dont have anything new? Always the same chatter of sock puppets. I already said I'm adolf, N-rG, PID, aminorex...i just decided to agree to be BitcoinTalkMagazin too and everyone else you don't like because he is not a zcash fanboy Smiley I love XMR and i don't care what you TC zcash fanboy sock puppets are talking Smiley go and buy zcash! As you said XMR is only for drug addicts and nishes. Leave this thread so that we can continue to talk in peace here.



No one would confuse you with Aminorex, don't worry mein Freund.

我想要火箭和火车
1669516724
Hero Member
*
Offline Offline

Posts: 1669516724

View Profile Personal Message (Offline)

Ignore
1669516724
Reply with quote  #2

1669516724
Report to moderator
1669516724
Hero Member
*
Offline Offline

Posts: 1669516724

View Profile Personal Message (Offline)

Ignore
1669516724
Reply with quote  #2

1669516724
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Hueristic
Legendary
*
Offline Offline

Activity: 3276
Merit: 3699


Doomed to see the future and unable to prevent it


View Profile
November 14, 2016, 01:11:07 AM
 #25022

Polo buy side up to 4000 BTC and sell side is sub 300K XMR....

Unusual.  It looks bullish, but volume dropping and it doesn't look like a solid breakout. Yet.

TA freaks welcome to comment, of course.  I am wondering what it means.

Less weak hands.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
nanobrain
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Dumb broad


View Profile
November 14, 2016, 01:37:15 AM
 #25023

Polo buy side up to 4000 BTC and sell side is sub 300K XMR....

Unusual.  It looks bullish, but volume dropping and it doesn't look like a solid breakout. Yet.

TA freaks welcome to comment, of course.  I am wondering what it means.

Less weak hands.

Less  Fewer weak hands.   Tongue

nanobrain
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Dumb broad


View Profile
November 14, 2016, 01:42:52 AM
 #25024

Polo buy side up to 4000 BTC and sell side is sub 300K XMR....

Unusual.  It looks bullish, but volume dropping and it doesn't look like a solid breakout. Yet.

TA freaks welcome to comment, of course.  I am wondering what it means.

I'm more and more convinced this is not a genuine reversal but the result of a conflagration of external events (BTC weakening, funds returning from ZEC etc) that are helping market manipulators execute a long term bull trap.  It reminds me of the BTC "rally" to 600 in April 2014.  Technically I don't think we reached capitulation and need to retest a low on high volume.


aerbax
Full Member
***
Offline Offline

Activity: 201
Merit: 100


View Profile WWW
November 14, 2016, 02:05:26 AM
 #25025

Today's dev meeting highlights:

https://hellomonero.com/article/monero-dev-meeting-note-highlights-2016-11-13

Apologies for the late post, as I was out with the family for a day trip.  Smiley

ArticMine
Legendary
*
Offline Offline

Activity: 2282
Merit: 1047


Monero Core Team


View Profile
November 14, 2016, 02:42:38 AM
 #25026

...

I'm more and more convinced this is not a genuine reversal but the result of a conflagration of external events (BTC weakening, funds returning from ZEC etc) that are helping market manipulators execute a long term bull trap.  It reminds me of the BTC "rally" to 600 in April 2014.  Technically I don't think we reached capitulation and need to retest a low on high volume.



I would take a look at the volume on October 28, 2016 when the 0.0058 low was reached of over 2,000,000 XMR. The combined total volume of October, 31, 2016, November 1, 2016 and November 2, 2016 for the retest was comparable to October 28, 2016. So this would support an Adam and Eve bottom.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
bobabouey2
Sr. Member
****
Offline Offline

Activity: 248
Merit: 250


View Profile
November 14, 2016, 03:05:47 AM
 #25027

Polo buy side up to 4000 BTC and sell side is sub 300K XMR....

Unusual.  It looks bullish, but volume dropping and it doesn't look like a solid breakout. Yet.

TA freaks welcome to comment, of course.  I am wondering what it means.

Less weak hands.

Less  Fewer weak hands.   Tongue


https://www.youtube.com/watch?v=vRKU4-ZhHl8
nanobrain
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Dumb broad


View Profile
November 14, 2016, 03:19:55 AM
 #25028

...

I'm more and more convinced this is not a genuine reversal but the result of a conflagration of external events (BTC weakening, funds returning from ZEC etc) that are helping market manipulators execute a long term bull trap.  It reminds me of the BTC "rally" to 600 in April 2014.  Technically I don't think we reached capitulation and need to retest a low on high volume.



I would take a look at the volume on October 28, 2016 when the 0.0058 low was reached of over 2,000,000 XMR. The combined total volume of October, 31, 2016, November 1, 2016 and November 2, 2016 for the retest was comparable to October 28, 2016. So this would support an Adam and Eve bottom.

Interesting but there is an element of manipulating the data to make it fit your hypothesis ie one day's volume equals the sum of three days' volume.  That's a slippery slope Wink

As I posted a wee while ago, I also think we are/were massively oversold, so there's lots of conflicting signals.  I'd still trade cautiously at this point.

kurious
Legendary
*
Offline Offline

Activity: 2562
Merit: 1618



View Profile
November 14, 2016, 08:05:23 AM
 #25029

Polo buy side up to 4000 BTC and sell side is sub 300K XMR....

Unusual.  It looks bullish, but volume dropping and it doesn't look like a solid breakout. Yet.

TA freaks welcome to comment, of course.  I am wondering what it means.

Less weak hands.

Less  Fewer weak hands.   Tongue


https://www.youtube.com/watch?v=vRKU4-ZhHl8

Ha! Better all watch our grammar. 

我想要火箭和火车
kurious
Legendary
*
Offline Offline

Activity: 2562
Merit: 1618



View Profile
November 14, 2016, 08:42:55 AM
 #25030

...

I'm more and more convinced this is not a genuine reversal but the result of a conflagration of external events (BTC weakening, funds returning from ZEC etc) that are helping market manipulators execute a long term bull trap.  It reminds me of the BTC "rally" to 600 in April 2014.  Technically I don't think we reached capitulation and need to retest a low on high volume.



I would take a look at the volume on October 28, 2016 when the 0.0058 low was reached of over 2,000,000 XMR. The combined total volume of October, 31, 2016, November 1, 2016 and November 2, 2016 for the retest was comparable to October 28, 2016. So this would support an Adam and Eve bottom.

Interesting but there is an element of manipulating the data to make it fit your hypothesis ie one day's volume equals the sum of three days' volume.  That's a slippery slope Wink

As I posted a wee while ago, I also think we are/were massively oversold, so there's lots of conflicting signals.  I'd still trade cautiously at this point.

Still over 4K BTC on the buy side and fewer on sale.  Usually a swing in these ratios like this is bullish for price - but I do feel cautious as the mood here does seem to be the bear market is not over and (of course) BTC could still blow the doors off. 

Topping the volume charts feels very positive, it bodes well, but December lows and spring breakouts towards summer peaks has been Monero's way.  BTC not mooning and XMR staying solidly over 0.01 (with volume) for a few weeks would be great as it would look like a signal the bear market is done.

Conversely if volume drops and the buy side does too, bearwhales will have a chance to hammer down again.

Whatever happens, I take heart that money is flowing back and forth between XMR and BTC way more than other coins - which implies XMR is maintaining a healthy respect in the market.

我想要火箭和火车
CryptoPH
Full Member
***
Offline Offline

Activity: 161
Merit: 100

<3 Crypto


View Profile
November 14, 2016, 10:14:40 AM
 #25031

...

I'm more and more convinced this is not a genuine reversal but the result of a conflagration of external events (BTC weakening, funds returning from ZEC etc) that are helping market manipulators execute a long term bull trap.  It reminds me of the BTC "rally" to 600 in April 2014.  Technically I don't think we reached capitulation and need to retest a low on high volume.



I would take a look at the volume on October 28, 2016 when the 0.0058 low was reached of over 2,000,000 XMR. The combined total volume of October, 31, 2016, November 1, 2016 and November 2, 2016 for the retest was comparable to October 28, 2016. So this would support an Adam and Eve bottom.

Interesting but there is an element of manipulating the data to make it fit your hypothesis ie one day's volume equals the sum of three days' volume.  That's a slippery slope Wink

As I posted a wee while ago, I also think we are/were massively oversold, so there's lots of conflicting signals.  I'd still trade cautiously at this point.

Still over 4K BTC on the buy side and fewer on sale.  Usually a swing in these ratios like this is bullish for price - but I do feel cautious as the mood here does seem to be the bear market is not over and (of course) BTC could still blow the doors off. 

Topping the volume charts feels very positive, it bodes well, but December lows and spring breakouts towards summer peaks has been Monero's way.  BTC not mooning and XMR staying solidly over 0.01 (with volume) for a few weeks would be great as it would look like a signal the bear market is done.

Conversely if volume drops and the buy side does too, bearwhales will have a chance to hammer down again.

Whatever happens, I take heart that money is flowing back and forth between XMR and BTC way more than other coins - which implies XMR is maintaining a healthy respect in the market.

I couldn't agree more

kurious
Legendary
*
Offline Offline

Activity: 2562
Merit: 1618



View Profile
November 14, 2016, 12:45:41 PM
 #25032

In fact at a quick glance, XMR looks like it might be doing more volume in BTC than the rest of the Polo market coins put together.

我想要火箭和火车
Febo
Legendary
*
Offline Offline

Activity: 2688
Merit: 1284



View Profile
November 14, 2016, 12:57:16 PM
Last edit: November 14, 2016, 01:22:32 PM by Febo
 #25033

...

I'm more and more convinced this is not a genuine reversal but the result of a conflagration of external events (BTC weakening, funds returning from ZEC etc) that are helping market manipulators execute a long term bull trap.  It reminds me of the BTC "rally" to 600 in April 2014.  Technically I don't think we reached capitulation and need to retest a low on high volume.



I would take a look at the volume on October 28, 2016 when the 0.0058 low was reached of over 2,000,000 XMR. The combined total volume of October, 31, 2016, November 1, 2016 and November 2, 2016 for the retest was comparable to October 28, 2016. So this would support an Adam and Eve bottom.

Huge reason of Monero price fall in October was because of speculation of ZCash launch. Monero went that low on 28th October simply because of ZCash launch. 3 days latter when people realize there will be no bread from ZCach flour, Monero started going back to its normal range.

Where is that?


No matter what you think but, ZCash was like a dark demon over Monero pressing it down. Same as was in spring anticipation what will happen at Bitcoin halving.  When it actual happen it turned just into a smoke and fly away.
kurious
Legendary
*
Offline Offline

Activity: 2562
Merit: 1618



View Profile
November 14, 2016, 06:28:35 PM
 #25034


Huge reason of Monero price fall in October was because of speculation of ZCash launch. Monero went that low on 28th October simply because of ZCash launch. 3 days latter when people realize there will be no bread from ZCach flour, Monero started going back to its normal range.
....


Yep. zcash came a time when XMR had been in freefall, onlookers thought it would easily drop further and the NKOTB could be the last straw to burst the 'bubble'.

But it was a straw man - the laughable launch of zcrash just made the reality of XMR more credible.

XMR: Honey Badger II




我想要火箭和火车
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 14, 2016, 06:40:01 PM
 #25035

The other good news are also BitcoinMeister is speaking about xmr.
Bear in mind, last time he became interested the price rose from 1 usd or so 14 usd or so.
If XMR does the same thing also this time, we should be looking at 100 usd XMR. But it is adviced to be cautious and not to go all in XMR.
kurious
Legendary
*
Offline Offline

Activity: 2562
Merit: 1618



View Profile
November 14, 2016, 08:28:03 PM
 #25036

The other good news are also BitcoinMeister is speaking about xmr.
Bear in mind, last time he became interested the price rose from 1 usd or so 14 usd or so.
If XMR does the same thing also this time, we should be looking at 100 usd XMR. But it is adviced to be cautious and not to go all in XMR.

Steady on, TC...

Anything is possible, but let's be sure we're out of the bear market first?   Breaking 0.012 and staying over it as a level needs to happen.  Then we can look at getting to $10 - but I don't think we will get anywhere close to even the ATH level until Spring (unless the GUI is out very soon, BTC stays flat or drifts and we are very lucky) let alone $100.

The GUI will encourage more people to buy, suck money off-exchange (leaving less for immediate sale) so a spike then is more likely but a real new climb to above the last ATH needs time and events conspiring for us. 

A steady XMR might prove better for adoption - and we need that base to build from.

So, maybe save your $100 predictions for now, please?

我想要火箭和火车
ArticMine
Legendary
*
Offline Offline

Activity: 2282
Merit: 1047


Monero Core Team


View Profile
November 14, 2016, 08:35:36 PM
 #25037

The other good news are also BitcoinMeister is speaking about xmr.
Bear in mind, last time he became interested the price rose from 1 usd or so 14 usd or so.
If XMR does the same thing also this time, we should be looking at 100 usd XMR. But it is adviced to be cautious and not to go all in XMR.

If we get 100 USD XMR we would be looking at a fundamentally very different situation from now since that would place the market capitalization of Monero at over 1.3 Billion USD with Monero in second place behind Bitcoin. That means for example the major Bitcoin / fiat exchanges, Bitcoin payment processors etc will no longer be able to ignore Monero.  


Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
bobabouey2
Sr. Member
****
Offline Offline

Activity: 248
Merit: 250


View Profile
November 14, 2016, 08:41:27 PM
 #25038

Peter Todd posted his trusted setup description.  It is long, still reading it.

https://petertodd.org/2016/cypherpunk-desert-bus-zcash-trusted-setup-ceremony
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 14, 2016, 09:03:05 PM
 #25039

The other good news are also BitcoinMeister is speaking about xmr.
Bear in mind, last time he became interested the price rose from 1 usd or so 14 usd or so.
If XMR does the same thing also this time, we should be looking at 100 usd XMR. But it is adviced to be cautious and not to go all in XMR.

Steady on, TC...

Anything is possible, but let's be sure we're out of the bear market first?   Breaking 0.012 and staying over it as a level needs to happen.  Then we can look at getting to $10 - but I don't think we will get anywhere close to even the ATH level until Spring (unless the GUI is out very soon, BTC stays flat or drifts and we are very lucky) let alone $100.

The GUI will encourage more people to buy, suck money off-exchange (leaving less for immediate sale) so a spike then is more likely but a real new climb to above the last ATH needs time and events conspiring for us. 

A steady XMR might prove better for adoption - and we need that base to build from.

So, maybe save your $100 predictions for now, please?

That's the very reason why I concluded my message with statement not to go all in XMR now when the price is still low.
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 14, 2016, 09:08:23 PM
 #25040

The other good news are also BitcoinMeister is speaking about xmr.
Bear in mind, last time he became interested the price rose from 1 usd or so 14 usd or so.
If XMR does the same thing also this time, we should be looking at 100 usd XMR. But it is adviced to be cautious and not to go all in XMR.

If we get 100 USD XMR we would be looking at a fundamentally very different situation from now since that would place the market capitalization of Monero at over 1.3 Billion USD with Monero in second place behind Bitcoin. That means for example the major Bitcoin / fiat exchanges, Bitcoin payment processors etc will no longer be able to ignore Monero.  



Yes it is vital for the success of Monero to go beyond 1 billion market cap.
I consider even the current marketcap of bitcoin still a failure if that's the best case scenario Monero can reach. 10 billion is peanuts when we are talking about a currency. There are plenty of single companies that have 10 billion or higher market cap so the currency should be minimum a few orders of magnitude higher. The beauty lies in the fact that the big rises are not steady climbing but strong and sharp rises that ends with the dump that is still higher than the previous lows. The bubbles create a sort of hysteresis thanks to the adaption that are taking place when the marketing machine creates new members to the community.
Pages: « 1 ... 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 [1252] 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 ... 2188 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!