[XMR] Monero Speculation

[generalizethis]

Wall to 23, MJ's number. I wonder if it will make it to his number when he came back to the NBA.  

[elrippo]

Wall to 23, MJ's number. I wonder if it will make it to his number when he came back to the NBA.  

Pretty impressive one too 

[medusa13]

you mean 45 ?  

i need it to go even higher
lets see how this develops, we still have to beat 26-27 first.


patience yeah, but aint nobody got time for that.
a very impressive wall from a loyal long time supporter. it might spark a new run up but this is not sure yet in my view.

edit: lol i did not see he is wearing the 45 in this picture allready

[TrueCryptonaire]

you mean 45 ?  

i need it to go even higher
lets see how this develops, we still have to beat 26-27 first.


patience yeah, but aint nobody got time for that.
a very impressive wall from a loyal long time supporter. it might spark a new run up but this is not sure yet in my view.

edit: lol i did not see he is wearing the 45 in this picture allready

Using reverse psychology:
Warz has too many Moneros and therefore a need to sell some more to others. Therefore he is putting buy-orders to scare the sellers so that he is able to dump his coins. Once he has dumped, the wall is pulled away.
Warz told he wants Monero go to 0.004, but I bet he has sold a large stash of his overweight by then.

As said, I am not that interested to buy Moneros at this artificially inflated prices. However I am not selling neither since after all I am a long term supporter of Monero.
Among the very first guys - over 1 year already I have owned Moneros.

[medusa13]

you mean 45 ?  

i need it to go even higher
lets see how this develops, we still have to beat 26-27 first.


patience yeah, but aint nobody got time for that.
a very impressive wall from a loyal long time supporter. it might spark a new run up but this is not sure yet in my view.

edit: lol i did not see he is wearing the 45 in this picture allready

Using reverse psychology:
Warz has too many Moneros and therefore a need to sell some more to others. Therefore he is putting buy-orders to scare the sellers so that he is able to dump his coins. Once he has dumped, the wall is pulled away.
Warz told he wants Monero go to 0.004, but I bet he has sold a large stash of his overweight by then.

As said, I am not that interested to buy Moneros at this artificially inflated prices. However I am not selling neither since after all I am a long term supporter of Monero.
Among the very first guys - over 1 year already I have owned Moneros.

you never know i agree. but reverse psychology is too simple, thats why most move just straight forward becasue of people like you that think they are more clever than others
anyway i am in the same position. dont buy dont sell. if i had some more btc yeah maybe i would buy some

[Mr Felt]

I've been working with my new offline project during the weekend so I have not been able to follow the markets that well.
Now as I came back online I noticed a big part of my bitcoins have been returned me, still some people are in long positions.
Short position lending I used to have a few thousand coins at the peak (which was lame since my rates were usually the best ones as I wanted to employ my coins), now only less than 50 XMR are in short positions (I have cancelled the auto-renew function in all my lending activities).

Just an observation....  


-----


BTW, what happened on weekend? I saw a huge peak on volumes.... What's the story behind that?

1. Big Wall Man says "DUMP!"
2. People dump!
3. Wall no more.
4. Big Wall Man puts up even bigger wall!
5. Big Wall Man says "ahahahaha!"
6. End.

Quick distraction: This is one of the best crypto-trading analyses and info-posts in my 2+ years trading (short, sweet, and cuts through the crap to the bottom line); it is THE BEST such post pound-for-pound considering its only 6 lines. 

Seriously, for the noobs, lots and lots of traders are just lemmings (not be confused w/ the bots). Such an environment makes looking at trends difficult. 

[generalizethis]

I've been working with my new offline project during the weekend so I have not been able to follow the markets that well.
Now as I came back online I noticed a big part of my bitcoins have been returned me, still some people are in long positions.
Short position lending I used to have a few thousand coins at the peak (which was lame since my rates were usually the best ones as I wanted to employ my coins), now only less than 50 XMR are in short positions (I have cancelled the auto-renew function in all my lending activities).

Just an observation....  


-----


BTW, what happened on weekend? I saw a huge peak on volumes.... What's the story behind that?

1. Big Wall Man says "DUMP!"
2. People dump!
3. Wall no more.
4. Big Wall Man puts up even bigger wall!
5. Big Wall Man says "ahahahaha!"
6. End.

Quick distraction: This is one of the best crypto-trading analyses and info-posts in my 2+ years trading (short, sweet, and cuts through the crap to the bottom line); it is THE BEST such post pound-for-pound considering its only 6 lines. 

Seriously, for the noobs, lots and lots of traders are just lemmings (not be confused w/ the bots). Such an environment makes looking at trends difficult. 

2A. Big Wall Man says, "Big surprise when Wall no more."

[Std52stp]

https://i.imgur.com/5b3zx5A.png

this is insane......  I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes  to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time?? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC  market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

[Mr Felt]

I've been working with my new offline project during the weekend so I have not been able to follow the markets that well.
Now as I came back online I noticed a big part of my bitcoins have been returned me, still some people are in long positions.
Short position lending I used to have a few thousand coins at the peak (which was lame since my rates were usually the best ones as I wanted to employ my coins), now only less than 50 XMR are in short positions (I have cancelled the auto-renew function in all my lending activities).

Just an observation....  


-----


BTW, what happened on weekend? I saw a huge peak on volumes.... What's the story behind that?

1. Big Wall Man says "DUMP!"
2. People dump!
3. Wall no more.
4. Big Wall Man puts up even bigger wall!
5. Big Wall Man says "ahahahaha!"
6. End.

Quick distraction: This is one of the best crypto-trading analyses and info-posts in my 2+ years trading (short, sweet, and cuts through the crap to the bottom line); it is THE BEST such post pound-for-pound considering its only 6 lines. 

Seriously, for the noobs, lots and lots of traders are just lemmings (not be confused w/ the bots). Such an environment makes looking at trends difficult. 

2A. Big Wall Man says, "Big surprise when Wall no more."

Yep. 

[TrueCryptonaire]

this is insane......  I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes  to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time?? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC  market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

Finally a voice of sanity here.
Thank you for your helpful post.
Highly appreciated.

[dEBRUYNE]

this is insane......  I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes  to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time?? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC  market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

[1] The guy who put that buywall there already owns a lot of XMR. He could be propping up the price, but his last buywall was bought, so it also could be just a genuine buy wall whereby he doesn't care too much which price he'll get.

[2] Although XMR is fairly P&D proof due to it's high inflation, there is no way you can exclude pumpers (speculators) at all and develop a cryptocurrency which is P&D resistant. As long as the cryptocurrency scene is  unregulated for most part, it will attract people with malicous intents. Furthermore, P&D still exists on stock exchanges that are regulated, so probably regulation won't scare them off anyway.

[TrueCryptonaire]

this is insane......  I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes  to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time?? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC  market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

[1] The guy who put that buywall there already owns a lot of XMR. He could be propping up the price, but his last buywall was bought, so it also could be just a genuine buy wall whereby he doesn't care too much which price he'll get.

[2] Although XMR is fairly P&D proof due to it's high inflation, there is no way you can exclude pumpers (speculators) at all and develop a cryptocurrency which is P&D resistant. As long as the cryptocurrency scene is  unregulated for most part, it will attract people with malicous intents. Furthermore, P&D still exists on stock exchanges that are regulated, so probably regulation won't scare them off anyway.

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.

[rpietila]

I was a little bearish when 180 seemed vulnerable (still remember the lost battle of 280..)

Now it looks like ~180 is the floor. This is not bad at all, 180 is twice as high as 90.

New money is needed for any sustained rise out of the range. I am a little skeptical for now but maybe it's just me. As usual, even one buyer can change the landscape, as is happening now.

[TheKoziTwo]

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.

Funny that you, of all people, are saying that.

[celestio]

TrueCryptonaire might be the next mrkavasaki(or same person who knows). His highly contradictory posts primarily consist of menial efforts to try and pump/dump Monero to gain profits/sell at so called "highs"/buy in at so called "lows".

[G2M]

To his credit, he did say that it's a good time to lend, and that is true.

[shitaifan2013]

To his credit, he did say that it's a good time to lend, and that is true.

0.0047%/d is a good time to lend? 

[Melbustus]

Sidechains released tonight. This part is potentially relevant here:

[TrueCryptonaire]

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox

.


Funny how you are always around at the top telling everyone not to sell and around at the bottom telling everyone not to buy. It's pathetically transparent.

We had a bottom already.
I told on trollbox and I will tell it here also: If Monero goes beyond 0.0025 I will transfer funds to Polo and start setting sell orders which you can take or leave and perhaps also dumping a few coins to buy orders.

That's called profitable trading.

You are right, I want to buy an overweighted position (now I have a "neutral position") but I don't want to buy in at this price.

Guys, remember - I was here around prior many others who tries to be "smart" and are bitching me.
Some of you are noobs.
I consider myself one of the early adopter.

[TrueCryptonaire]

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.

Funny that you, of all people, are saying that.

I wanted to make 0.004'ish a floor but failed thanks to the lack of community support so I dumped AFTER I got an answear from the community that they do not support that price. If others do not support, why should I?