owlcatz
Legendary
 Offline
Activity: 3640
Merit: 1968
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May 07, 2017, 11:06:13 PM |
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Yes but it has not grown 20% today. That's just a regular pump. Monero being a good coin does not mean it does not get pumped by people who don't care about the coin.
You need to follow the news - There is currently an influx of like 1mil USD per day being put into cryptos - Watch/track this sites top header every day, you will see what I mean https://coincap.io (Not it's not my site, just watching the numbers that's all). |
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[/ce |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Zegra
Member
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Activity: 112
Merit: 10
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May 07, 2017, 11:26:31 PM |
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I know it is. But the pump happened in 10 minutes. Occam's razor is telling me this is just a pump unless it was someone with REALLY big pockets that got suddenly genuinely interested in Monero.
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owlcatz
Legendary
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Activity: 3640
Merit: 1968
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May 07, 2017, 11:39:29 PM |
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I know it is. But the pump happened in 10 minutes. Occam's razor is telling me this is just a pump unless it was someone with REALLY big pockets that got suddenly genuinely interested in Monero.
There were also logs released from the latest dev meeting , so maybe that was it. I gave up trying to figure it out, just roll with it. We are back down a bit anyhow, let's see where we are tomorrow.  |
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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May 07, 2017, 11:52:45 PM |
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There was correction that went to 0.0185. I think that was perfect moment to buy, not 0.022 that was only two hours earlier and probably 2 hours from now  |
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CTTE
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May 08, 2017, 12:12:16 AM |
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There was correction that went to 0.0185. I think that was perfect moment to buy, not 0.022 that was only two hours earlier and probably 2 hours from now I missed it... I walked away for just a bit without having a buy order waiting. shame on me!  |
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explorer
Legendary
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Activity: 2016
Merit: 1259
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May 08, 2017, 01:23:36 AM |
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WTF is going on at poloniex? Anyone get a low bid filled there? Wow.
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ozkraut
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May 08, 2017, 01:30:02 AM |
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WTF is going on at poloniex? Anyone get a low bid filled there? Wow.
Risto selling his Monero  |
Monero - Wir sind die Leute vor denen uns unsere Eltern gewarnt haben!
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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May 08, 2017, 01:33:01 AM |
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WTF is going on at poloniex? Anyone get a low bid filled there? Wow.
Risto selling his Monero Nope. Logged in though, but did not place orders. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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explorer
Legendary
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Activity: 2016
Merit: 1259
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May 08, 2017, 01:34:27 AM |
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WTF is going on at poloniex? Anyone get a low bid filled there? Wow.
Risto selling his Monero Looked like a stop hunter to me. Shook some BTC back to the lending market, anyway. It wasn't that big of a sell off, but I think the book was pulled out from under it. |
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ozkraut
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May 08, 2017, 01:42:25 AM |
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WTF is going on at poloniex? Anyone get a low bid filled there? Wow.
Risto selling his Monero Nope. Logged in though, but did not place orders. Well good to hear. Something big is going down. I think we are set to fly. Somebody just lit the fuse...... |
Monero - Wir sind die Leute vor denen uns unsere Eltern gewarnt haben!
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OrangeP
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May 08, 2017, 02:26:06 AM |
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Polo down? e: holy shit that sell.. would've happily bought some of that. |
Hottest Coins: Decred, ZCoin, Waves
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smooth (OP)
Legendary
Offline
Activity: 2968
Merit: 1198
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May 08, 2017, 02:28:11 AM |
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Polo down? Very unreliable. Reload sometimes works. |
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explorer
Legendary
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Activity: 2016
Merit: 1259
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May 08, 2017, 02:39:46 AM |
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Polo down? e: holy shit that sell.. would've happily bought some of that. I think nobody got any of that unless they already had the net out to catch it when it fell. I tried, but polo just locked up on me. It's weird how I often seem to watch these things unfold. I don't spend that much time watching charts. (Do I? ) |
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cAPSLOCK
Legendary
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Activity: 3738
Merit: 5127
Whimsical Pants
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May 08, 2017, 02:59:44 AM |
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WTF is going on at poloniex? Anyone get a low bid filled there? Wow.
Risto selling his Monero Well there was someone with $2.5mm usd worth of monero selling at once. Interesting to say the least. |
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CTTE
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May 08, 2017, 03:08:07 AM |
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WTF is going on at poloniex? Anyone get a low bid filled there? Wow.
Risto selling his Monero Well there was someone with $2.5mm usd worth of monero selling at once. Interesting to say the least. I really feel like there are parties trying their best to keep Monero from "taking off" as it were. You see a lot of suppression popping up on the sell side and well timed dumps that could easily have been much more profitable if they had taken their time and sold that same amount over a longer period of time. |
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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May 08, 2017, 03:19:27 AM |
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...
I really feel like there are parties trying their best to keep Monero from "taking off" as it were. You see a lot of suppression popping up on the sell side and well timed dumps that could easily have been much more profitable if they had taken their time and sold that same amount over a longer period of time.
Trying to manipulate markets fails over the long term. It can however provide many profit opportunities to other market participants at the expense of the manipulator or manipulators. Edit: The sudden dump took XMR temporarily to 0.0143 XBT. It has now recovered back to 0.019. |
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ozkraut
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May 08, 2017, 04:41:57 AM |
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...
I really feel like there are parties trying their best to keep Monero from "taking off" as it were. You see a lot of suppression popping up on the sell side and well timed dumps that could easily have been much more profitable if they had taken their time and sold that same amount over a longer period of time.
Trying to manipulate markets fails over the long term. It can however provide many profit opportunities to other market participants at the expense of the manipulator or manipulators. Edit: The sudden dump took XMR temporarily to 0.0143 XBT. It has now recovered back to 0.019. My hypothesis is now that someone had accumulated for some time and tried to pump last few days. Market didnt respond as planned and hence they dumped their accumulation and exited....On that note: Cheap Monero atm (;-) |
Monero - Wir sind die Leute vor denen uns unsere Eltern gewarnt haben!
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Duomo
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May 08, 2017, 05:26:47 AM |
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$100+ for Monero, I lost $20,000+ (U.S.D) in a week because I was uninformed and I didn't really understand what Monero was. I didn't think it would come back even stronger. It has been like 6-7 months but I have been proven wrong. I thought the pump and dump last year was over for Monero but never mind, I was foolish. HODL.
P.s HODL! (Hold-On-to-Dear-Life), Whatever, it was only $20,000+, at least wasn't $2,000,000+
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Zegra
Member
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Activity: 112
Merit: 10
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May 08, 2017, 07:14:11 AM |
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This dump is great. I think it's done by someone who wanted to jump in on the rising Bitcoin price. Took the opportunity to place a decent buy order. I moved the price up one euro. Sorry for the others who were hoping for cheap monero but it's still cheap compared to the 29 euros of yesterday! |
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