[XMR] Monero Speculation

[explorer]

Looking good.  How long to break through 0.0087, or reject again?

edit

well, there's 87 in the bag...  and 90...

[1611598102]

1611598102

[1611598102]

1611598102

[cAPSLOCK]

Dayum.   I had a premature eschwingulation.  Someone market buying nearly 40k of Montango on one exchange...



***EDIT umm I mean 50k***

[explorer]

Dayum.   I had a premature eschwingulation.  Someone market buying nearly 40k of Montango on one exchange...



***EDIT umm I mean 50k***

But Wait!!  There's More!

Hah! you snuck in an edit on me!  

I'm watching 30k on Binance.  where are you watching?

edit

refresh now shows 66k 15 min candle where it was stuck at 29k...

[cAPSLOCK]

Yeah... it was binance.  Bitfinex only showing  ~4k over the same time frame.

I don't really know what the real major Monero exchanges look like now.  In fact I am curious what Bisq's volume looks like.

Monero would make me so proud if it starts one of it's mega rips right after I brought it up.  Looking good so far.

[tokeweed]

It would be funny to see if Monero would start its rally now when all coins are in deep reds. I dont believe it will but on other hands it has to do it. There is just to much upward pressure. It can happen in months or weeks or days or hours. Sure is only that it will happen .

It's been a long time since Monero did one of it's old fashioned upward rips that it used to be famous for.

I'd love to think it has gone one in it still

The last time it really did was the ol' AB to accept XMR insider trading bit.  Pretty sure some people in the know 'from all sides' made bank.  You know who you are. 

And that's the beauty of XMR..  Nobody would know for sure.

[explorer]

It would be funny to see if Monero would start its rally now when all coins are in deep reds. I dont believe it will but on other hands it has to do it. There is just to much upward pressure. It can happen in months or weeks or days or hours. Sure is only that it will happen .

It's been a long time since Monero did one of it's old fashioned upward rips that it used to be famous for.

I'd love to think it has gone one in it still

The last time it really did was the ol' AB to accept XMR insider trading bit.  Pretty sure some people in the know 'from all sides' made bank.  You know who you are. 

And that's the beauty of XMR..  Nobody would know for sure.

Didn't have to be an insider to ride That wave. 

[kurious]

There will indeed be more days in the sun.  2016 and 2017 were spectacular for Monero, with huge appreciation against BTC.

I have no reason to think this cycle will not see more fun and games.  Monero is seen positively as a 'real' coin and also one with as incredibly important case as has been mentioned above.  The fear of authorities intervening to ban it has been real, but the counter argument that in some cases even banks need privacy is starting to mitigate against this.  Besides, any attempt to curtail use will only certify that Monero works and they cannot trace it.  The Lindy effect means the likelihood of this kind of issue is decreasing and the price is reflecting this.

The cycle of the market baked into Bitcoin will likely repeat and coupled with scarcity that means Monero will shine again, it's been woefully underpriced for too long.

[Hueristic]

There will indeed be more days in the sun.  2016 and 2017 were spectacular for Monero, with huge appreciation against BTC.

I have no reason to think this cycle will not see more fun and games.  Monero is seen positively as a 'real' coin and also one with as incredibly important case as has been mentioned above.  The fear of authorities intervening to ban it has been real, but the counter argument that in some cases even banks need privacy is starting to mitigate against this.  Besides, any attempt to curtail use will only certify that Monero works and they cannot trace it.  The Lindy effect means the likelihood of this kind of issue is decreasing and the price is reflecting this.

The cycle of the market baked into Bitcoin will likely repeat and coupled with scarcity that means Monero will shine again, it's been woefully underpriced for too long.

I had to google the Lindy effect.

https://www.youtube.com/watch?v=mhYXP550HVo

[BayAreaCoins]

We are finally starting to get a little XMR market made on https://freebitcoins.com/xchange/market/Bitcoin-Monero

[tokeweed]

It would be funny to see if Monero would start its rally now when all coins are in deep reds. I dont believe it will but on other hands it has to do it. There is just to much upward pressure. It can happen in months or weeks or days or hours. Sure is only that it will happen .

It's been a long time since Monero did one of it's old fashioned upward rips that it used to be famous for.

I'd love to think it has gone one in it still

The last time it really did was the ol' AB to accept XMR insider trading bit.  Pretty sure some people in the know 'from all sides' made bank.  You know who you are. 

And that's the beauty of XMR..  Nobody would know for sure.

Didn't have to be an insider to ride That wave. 

Sure...  And I'm not saying it's bad or anything.  It's just the way it is out here but there are def some people with first access to all the info who play the game perfectly.

[cAPSLOCK]

Calling to my OGs... You guys can feel it, can't ya?  I mean... it's been a while... like a hibernation.

But the time for snoozing is near to the end.  The birds are starting to chirp outside, and it's still dark... but not as dark as the last time we got up to pee.

[bitebits]

^ Still determining whether it is the mermaids singing or actual fiat whale songs. MicroStrategy makes you think so but it might for now be a one off.

[explorer]

Calling to my OGs... You guys can feel it, can't ya?  I mean... it's been a while... like a hibernation.

But the time for snoozing is near to the end.  The birds are starting to chirp outside, and it's still dark... but not as dark as the last time we got up to pee.

steady upward pressure

[kurious]

Steady upward pressure indeed - it's popped a little over 0.009, let's see if it likes the view a little more this time.

It's 0.01 that I really want to leave behind, but I don't doubt we will see it before too long.

EDIT: Just checked Polo as I know it well in terms of XMR v BTC.  The buy side is over 50% of the sell side.  This is unusually high and normally a good sign.

The barrier may be the $100 mark in XMR/USD terms which it seems to be hovering under by less than 2 bucks.

[elrippos friend]

Steady upward pressure indeed - it's popped a little over 0.009, let's see if it likes the view a little more this time.

It's 0.01 that I really want to leave behind, but I don't doubt we will see it before too long.

EDIT: Just checked Polo as I know it well in terms of XMR v BTC.  The buy side is over 50% of the sell side.  This is unusually high and normally a good sign.

The barrier may be the $100 mark in XMR/USD terms which it seems to be hover under by less than 2 bucks.

Told ya  --> https://bitcointalk.org/index.php?topic=753252.msg55202420#msg55202420

[phishead]

• XMR stronk
• I speculate bananas
• Moon soon imminent is nigh^tm?

[Febo]

11 days above 0.008 btc. that is new longest streak this year.  It is also time for new YTH that is at 0.0095.  It was about time. A lot of coins already made new YTH after March crash.  Bitcoin and Ethereum both did it in July. Monero is harder to move.

[cAPSLOCK]

11 days above 0.008 btc. that is new longest streak this year.  It is also time for new YTH that is at 0.0095.  It was about time. A lot of coins already made new YTH after March crash.  Bitcoin and Ethereum both did it in July. Monero is harder to move.

I came here to post basically this.

That we are now approaching the ATH for 2020 (.00945) as well as the ATH for the last cal year+ (.0115).

Once it stakes a flag in that area I am seeing not much holding it back from it's old highs.  I mean... I don't guess it can just shoot all the way back up, but it does not look like there is a lot of technical resistance back up to that point.

Someone take this hopium pipe away from me before I suffocate myself.

[tokeweed]

Calling to my OGs... You guys can feel it, can't ya?  I mean... it's been a while... like a hibernation.

But the time for snoozing is near to the end.  The birds are starting to chirp outside, and it's still dark... but not as dark as the last time we got up to pee.

steady upward pressure

And everybody who's been in the space long enough should've prolly realized that XMR is really what BTC should be by now.  Seriously...

[Hueristic]

Calling to my OGs... You guys can feel it, can't ya?  I mean... it's been a while... like a hibernation.

But the time for snoozing is near to the end.  The birds are starting to chirp outside, and it's still dark... but not as dark as the last time we got up to pee.

steady upward pressure

And everybody who's been in the space long enough should've prolly realized that XMR is really what BTC should be by now.  Seriously...

We need an artist to make a great banner like this.