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Author Topic: [XMR] Monero Speculation  (Read 3312652 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.)
iCEBREAKER
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March 21, 2015, 11:01:11 PM
Last edit: March 22, 2015, 12:46:15 AM by iCEBREAKER
 #3781

Wow, looks like XMR is either being pumped, or starting to test its Saturn V moon rocket boosters.

Huge 68BTC attack wall just under the ask is daring dumpers to give up their coins while it mocks the low asks for selling for too little.

Total bids have jumped ~100BTC to ~420, while asks are down to ~180k XMR.

Now <40BTC needed to get us to 0.003, way down from the ~100BTC in ask walls prevalent over the last few days.

The cheap(est) coins are long gone.  Who are these fools selling for less than 0.003, or under 0.005 for that matter?  There is a bit of resistance at 0.0032, but little beyond that to stop the price from running wildly to the upside.

I think HRHRP wasn't kidding about the price now going up.  His whale buddies need a deep ocean of liquidity in which to frolic, and he's apparently building one.

Every time I consider taking some profit and trying to squeeze out a few more XMR, I'm glad I didn't, because buying the coins back cheaper is difficult or impossible.


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Monero
"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
Buy and sell XMR near you
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Johnny Mnemonic
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March 21, 2015, 11:46:50 PM
 #3782

This may just be the typical weekend pump in anticipation of Monday's news.
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March 21, 2015, 11:50:07 PM
 #3783

This may just be the typical weekend pump in anticipation of Monday's news.

Which might bring in a news we have been waiting for +6 months  Smiley

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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March 21, 2015, 11:50:14 PM
 #3784

This may just be the typical weekend pump in anticipation of Monday's news.

Since dark and monero are rising in tandem, it suggest the possibility that this rally may be a reaction to bitcoin fungibility concerns resulting from btc-e blocking evolution stolen bitcoins.

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?
smooth (OP)
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March 21, 2015, 11:50:58 PM
 #3785

This may just be the typical weekend pump in anticipation of Monday's news.

Since dark and monero are rising in tandem, it suggest the possibility that this rally may be a reaction to bitcoin fungibility concerns resulting from btc-e blocking evolution stolen bitcoins.

Very likely given the peter todd tweet, discussion on reddit, etc. That all has a pretty high profile.
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March 21, 2015, 11:56:55 PM
 #3786

This may just be the typical weekend pump in anticipation of Monday's news.

Since dark and monero are rising in tandem, it suggest the possibility that this rally may be a reaction to bitcoin fungibility concerns resulting from btc-e blocking evolution stolen bitcoins.

Very likely given the peter todd tweet, discussion on reddit, etc. That all has a pretty high profile.


Warz was doing some buying in Polo.
He is threathening that 0.003 will be broken soon. We will see if it is going to happen.
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March 22, 2015, 12:09:32 AM
 #3787

so I realized I should sell some XMR at 100 BTC on poloniex.

I think everyone should put a sell order at that price point.

I just added to that "wall". Grin
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March 22, 2015, 12:13:40 AM
 #3788

This may just be the typical weekend pump in anticipation of Monday's news.

Since dark and monero are rising in tandem, it suggest the possibility that this rally may be a reaction to bitcoin fungibility concerns resulting from btc-e blocking evolution stolen bitcoins.

I would agree with this.

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
Johnny Mnemonic
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March 22, 2015, 12:29:47 AM
 #3789

Aaaaand we broke 0.003
iCEBREAKER
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March 22, 2015, 01:00:23 AM
 #3790

Aaaaand we broke 0.003

Quote


“We’re through the looking glass here, people.”

Volume exploding.  XMR now up 27% vs 25% for DashCoinDark (aka, yesterday's soon-to-be-forgotten instamined pseudo-privacy shitcion).

1 month daily chart is a thing of beauty.  From 0.001 to 0.003+.  Look at the solid line of little green thingys at the bottom.  I don't understand those, but I like their style.   Grin


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Monero
"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
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
MataKhobRazi
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March 22, 2015, 01:05:03 AM
 #3791

It is so exciting !!! I'm glad to have bought at 0.0026. I almost didn't buy because I was waiting for 0.0014 !!! But there's still a huge wall at 0.0032

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March 22, 2015, 01:10:14 AM
 #3792

It is so exciting !!! I'm glad to have bought at 0.0026. I almost didn't buy because I was waiting for 0.0014 !!! But there's still a huge wall at 0.0032

There is a wall at 0.0032 but there is not much behind it.

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
lyth0s
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March 22, 2015, 01:36:42 AM
 #3793

OMG we broke 0.003! Small dip now to 0.0029 but still doing amazing!

Monero - Truly Anonymous Digital Cash. Bitcoin Reading List 2017
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March 22, 2015, 01:54:30 AM
 #3794

A test of 0.0029 makes sense since this is a point of strong support / resistance.

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
iCEBREAKER
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March 22, 2015, 01:57:36 AM
 #3795

OMG we broke 0.003! Small dip now to 0.0029 but still doing amazing!

Old ceiling = new floor.  It's the oldest story on Wall St.

Who are these crazy fools selling under 0.005?

Did they learn nothing in the battle of 0.003?

Do they really think they can sell high and buy back lower?

Or are they just bots?


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Monero
"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
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
Johnny Mnemonic
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March 22, 2015, 01:58:42 AM
 #3796

We might actually see .004 this weekend. Right now it would only take about 100 btc to get there.
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March 22, 2015, 01:59:30 AM
 #3797

A test of 0.0029 makes sense since this is a point of strong support / resistance.

Feels like a tipping point. Bitcoin isn't fungible, DRK & XMR  are, and XMR is superior.

Things could escalate rapidly from here. The daily emission might look smaller in a few days if the masses start hedging their bets a bit.
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March 22, 2015, 02:11:39 AM
 #3798



Paints a nice picture
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March 22, 2015, 03:49:41 AM
 #3799

I didn't want to withhold this from you guys, it is pretty hilarious in fact -> http://pastebin.com/pPNf8y6L

Might have, next to the awareness Peter Todd raised, sparkled some of the rally.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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March 22, 2015, 04:40:11 AM
 #3800

I didn't want to withhold this from you guys, it is pretty hilarious in fact -> http://pastebin.com/pPNf8y6L

Might have, next to the awareness Peter Todd raised, sparkled some of the rally.

That was funny. Thanks for sharing. Smiley

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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