[XMR] Monero Speculation

[thefunkybits]

Big dump is incomming 

You made right call. Indeed we had a dump.
Do you think we are seeing 0.0019 soon? If yes, when do you think it will happen?

do you know what a breakout is?

[slap]

TC are you from Finland? Is this you?
http://youtu.be/kemQBxMA4U8

[dEBRUYNE]

TC are you from Finland? Is this you?
http://youtu.be/kemQBxMA4U8

Your link isn't working properly or atleast here it isn't.

Direct link: https://www.youtube.com/watch?v=kemQBxMA4U8&feature=youtu.be

[DaveyJones]

Big dump is incomming 

You made right call. Indeed we had a dump.
Do you think we are seeing 0.0019 soon? If yes, when do you think it will happen?

via Imgflip Meme Maker

[Domian]

We are heavily overbought!!
Everyone that still buy this coin at 0.0024 Is a total idiot

[slap]

wow that 'slap-pic' looks like an avatar which suits me well

@dEBRUYNE
thanks, although my link works for me

@domian
dont think so, RSI around 50. Care to elaborate?

OT
imho xmr needs to get more attention from the main stream public,
nice for us while we are early adopters, but wealth has to distrubited eaqually amongst humanity
(everybody has to have the chance to buy in low),
otherwise there will be a small amount of people who have large amount of xmr (wealth)
which will be not in favor of mass-adoption. The main stream public will think "no way I will join the xmr boat, others paid less, thats not fair'. That will prevent any further adoption.
Does this make sense?

[hodlmybtc]

I don't understand this haste in pumping the price up. It's cool if we go to 0.0043 or beyond. But it is equally cool if we go to 0.0015. The latter would be even cooler regarding my activities, but for the same reason, I believe we will see the former first.

 

Weren't you the one who was pretty hasty in buying 0.0027 coins?

We are heavily overbought!!

Everyone that still buy this coin at 0.0024 Is a total idiot

I'm setting up a buy order near that price when my deposit hits Poloniex, feel free to dump in to it.

[hodlmybtc]

We are heavily overbought!!
Everyone that still buy this coin at 0.0024 Is a total idiot

sold all of my xmr.

thanks for the pump guys

Price on the date you sold 0.0021.

Explains a lot   

You may get a chance to buy back at that price though. If you're very lucky.

Good find dreamspark, also nice buy at 235, although it seems not that many coins could be bought there and I'm glad I had bids filled in the 240 range.

[rpietila]

I don't understand this haste in pumping the price up. It's cool if we go to 0.0043 or beyond. But it is equally cool if we go to 0.0015. The latter would be even cooler regarding my activities, but for the same reason, I believe we will see the former first.

 

Weren't you the one who was pretty hasty in buying 0.0027 coins?

I think this "calling your prediction/weren't you the one..." stuff is stupid because when people post, they want to convey some other information except absolute certainty of future price development. If they want to convey absolute certainty, it is only possible using probability matrices and who wants the read them...?

As for what I think, during the last week I have been both buying and selling XMR in the 0.0027 range and I think it is a great buy zone for those who are underweight, including everybody who does not have any. It might have been a sell zone for daytraders but now we are past it, and next time we hit it, I don't encourage anyone to sell because the possibility of "not looking back" is high.

Even if I say I am buying or selling, or ask someone to buy/sell to me, chances are that I am handling some client stuff, because I have so many of them.

TL;DR: Nothing I say should be construed as trading advice, and historical performance is not a proof of future returns (said when sitting in the Conference Hall of my castle (135 square meters), drinking Campari Soda).

[BitcoinForumator]

I believe Monero has the potential to disrupt the cryptocurrency world itself.

No, that role falls to AEON

Sure thing because Monero just isn't as smooth as Aeon

[aminorex]

right now i am more interested in fiat to btc conversion on the eth dumping price discount opportunity.  I will convert some more btc to xmr later, and price won't play a huge role in that, just a minor one. I tend to think the xmrusd chart is better for longer range technical analysis these days.

Regarding Fibonacci, the strength of resistance/support is notionally proportionate to the volume moving at the base, so put the base at the highest volume turning in your swing trade timescale.

[aminorex]

probability matrices and who wants the read them...?

...umm.  Me?

[aminorex]

Hash rate is rising a lot.  More expensive to mine. 

[hodlmybtc]

I don't understand this haste in pumping the price up. It's cool if we go to 0.0043 or beyond. But it is equally cool if we go to 0.0015. The latter would be even cooler regarding my activities, but for the same reason, I believe we will see the former first.

 

Weren't you the one who was pretty hasty in buying 0.0027 coins?

I think this "calling your prediction/weren't you the one..." stuff is stupid because when people post, they want to convey some other information except absolute certainty of future price development. If they want to convey absolute certainty, it is only possible using probability matrices and who wants the read them...?

As for what I think, during the last week I have been both buying and selling XMR in the 0.0027 range and I think it is a great buy zone for those who are underweight, including everybody who does not have any. It might have been a sell zone for daytraders but now we are past it, and next time we hit it, I don't encourage anyone to sell because the possibility of "not looking back" is high.

Even if I say I am buying or selling, or ask someone to buy/sell to me, chances are that I am handling some client stuff, because I have so many of them.

TL;DR: Nothing I say should be construed as trading advice, and historical performance is not a proof of future returns (said when sitting in the Conference Hall of my castle (135 square meters), drinking Campari Soda).

Was just kidding with you haha

For potential buyers: when we're approaching 0.0027 again and someone wants to buy ~5k coins or MAYBE 10k MAX without slippage (less or none if there is enough demand to push it a good bit above that ofcourse) around that price let me know or post here.

I have a pretty sizeable margin long (for me) that I will probably close in total before I go on vacation in 2 weeks so I'll try to close parts of it before that on the way up.

Not touching my normal coins hopefully for a long time.

[TrueCryptonaire]

Looks like we are rising.
For me it is okay - I sold over 14 k xmr and all of them were bought with margin so anyway I should have sold them at some point.
My own coins (+ btc profits from the trade above) are still there and waiting for higher prices.

If the price goes down, I will buy more - otherwise I'll let Risto to buy the coins.

[camu6]

For potential buyers: when we're approaching 0.0027 again and someone wants to buy ~5k coins or MAYBE 10k MAX without slippage (less or none if there is enough demand to push it a good bit above that ofcourse) around that price let me know or post here.

I have a pretty sizeable margin long (for me) that I will probably close in total before I go on vacation in 2 weeks so I'll try to close parts of it before that on the way up.

Not touching my normal coins hopefully for a long time.

I'm a bit puzzled here. Let's say I'd be an interested buyer, here are my thoughts:

First of all, your offer would make alot more sense if it were actual coins for a private (non exchange) trade, but not margin coins.

You give us a more or less specific estimate of the date you want to be out of your position and at what price you want to sell a chunk of it.

So if the price goes to or past your ~ 0.0027 price you can sell them by putting them on the books while providing liquidity. If the price does not go to or past your price point, you are going to sell lower or hold your position longer than planned because your desired price point of selling was not met in the 2 weeks period.

So you are basically trying to sell a portion of your long at a higher price than the one now, while providing an argument for a potential buyer to wait for you to meet your deadline at the same time.

Good chance I am dead on wrong here, but for me it either makes no sense or is a next level FUD attempt to serve some other purpose than selling XMR.

Please correct me if I am wrong, maybe my thought process was just too complicated.

Edit: some grammar I made probably even more wrong than in my fist attempt.

[hodlmybtc]

For potential buyers: when we're approaching 0.0027 again and someone wants to buy ~5k coins or MAYBE 10k MAX without slippage (less or none if there is enough demand to push it a good bit above that ofcourse) around that price let me know or post here.

I have a pretty sizeable margin long (for me) that I will probably close in total before I go on vacation in 2 weeks so I'll try to close parts of it before that on the way up.

Not touching my normal coins hopefully for a long time.

I'm a bit puzzled here. Let's say I'd be an interested buyer, here are my thoughts:

First of all, your offer would make alot more sense if it were actual coins for a private (non exchange) trade, but not margin coins.

You give us a more or less specific estimate of the date you want to be out of your position and at what price you want to sell a chunk of it.

So if the price goes to or past your ~ 0.0027 price you can sell them by putting them on the books while providing liquidity. If the price does not go to or past your price point, you are going to sell lower or hold your position longer than planned because your price point of selling is not yet met.

So you are basically trying to sell a portion of your long at a higher price than the one now, while providing an argument for a potential buyer to wait for you to meet your deadline at the same time.

Good chance I am dead on wrong here, but for me it either makes no sense or is a next level FUD attempt to serve some other purpose.

Please correct me if I am wrong, maybe my thought process was just too complicated.

If someone wants to buy coins with no slippage it doesn't matter if it's non-margin coins vs. margin coins.

I said that I will probably close my long before but it all depends on the market conditions, also I might not sell a thing <0.0027 which seems more and more likely now, to me it seems there is a decent chance we will see new highs for this rally today/tomorrow.

Most of the resistance is already cleared on the way up so I wouldn't be suprised to see us hitting the next resistance at 0.003 the coming days.

Buyers can buy now all they want, I don't care, I'm buying here too, I just know that there are people who like to wait until more up is somewhat confirmed and then start to buy, let's say we break 0.00275 today/tomorrow and there isn't much for sale around there, I can sell a bit to them there to lock in profits and they can buy without slippage while more up is somewhat confirmed.

Also I can handle leaving the position open while on vacation as my liquidation price is below the all time low and I can live with the lending costs so far.

It's just for peace of mind to not have a margin position open while away.

Edit: 10k coins available to buy at spot, not mine.

[camu6]

For potential buyers: when we're approaching 0.0027 again and someone wants to buy ~5k coins or MAYBE 10k MAX without slippage (less or none if there is enough demand to push it a good bit above that ofcourse) around that price let me know or post here.

I have a pretty sizeable margin long (for me) that I will probably close in total before I go on vacation in 2 weeks so I'll try to close parts of it before that on the way up.

Not touching my normal coins hopefully for a long time.

I'm a bit puzzled here. Let's say I'd be an interested buyer, here are my thoughts:

First of all, your offer would make alot more sense if it were actual coins for a private (non exchange) trade, but not margin coins.

You give us a more or less specific estimate of the date you want to be out of your position and at what price you want to sell a chunk of it.

So if the price goes to or past your ~ 0.0027 price you can sell them by putting them on the books while providing liquidity. If the price does not go to or past your price point, you are going to sell lower or hold your position longer than planned because your price point of selling is not yet met.

So you are basically trying to sell a portion of your long at a higher price than the one now, while providing an argument for a potential buyer to wait for you to meet your deadline at the same time.

Good chance I am dead on wrong here, but for me it either makes no sense or is a next level FUD attempt to serve some other purpose.

Please correct me if I am wrong, maybe my thought process was just too complicated.

If someone wants to buy coins with no slippage it doesn't matter if it's non-margin coins vs. margin coins.

I said that I will probably close my long before but it all depends on the market conditions, also I might not sell a thing <0.0027 which seems more and more likely now, to me it seems there is a decent chance we will see new highs for this rally today/tomorrow.

Most of the resistance is already cleared on the way up so I wouldn't be suprised to see us hitting the next resistance at 0.003 the coming days.

Buyers can buy now all they want, I don't care, I'm buying here too, I just know that there are people who like to wait until more up is somewhat confirmed and then start to buy, let's say we break 0.00275 today/tomorrow and there isn't much for sale around there, I can sell a bit to them there to lock in profits and they can buy without slippage while more up is somewhat confirmed.

Also I can handle leaving the position open while on vacation as my liquidation price is below the all time low and I can live with the lending costs so far.

It's just for peace of mind to not have a margin position open while away.

Edit: 10k coins available to buy at spot, not mine.

I just thought there is a bigger chance of acutally selling it by just putting it on the books, because it has to be sold on the books anyways (while providing liquidity).

Right move on the second highlight, holidays need to be holidays all the way

[hodlmybtc]

For potential buyers: when we're approaching 0.0027 again and someone wants to buy ~5k coins or MAYBE 10k MAX without slippage (less or none if there is enough demand to push it a good bit above that ofcourse) around that price let me know or post here.

I have a pretty sizeable margin long (for me) that I will probably close in total before I go on vacation in 2 weeks so I'll try to close parts of it before that on the way up.

Not touching my normal coins hopefully for a long time.

I'm a bit puzzled here. Let's say I'd be an interested buyer, here are my thoughts:

First of all, your offer would make alot more sense if it were actual coins for a private (non exchange) trade, but not margin coins.

You give us a more or less specific estimate of the date you want to be out of your position and at what price you want to sell a chunk of it.

So if the price goes to or past your ~ 0.0027 price you can sell them by putting them on the books while providing liquidity. If the price does not go to or past your price point, you are going to sell lower or hold your position longer than planned because your price point of selling is not yet met.

So you are basically trying to sell a portion of your long at a higher price than the one now, while providing an argument for a potential buyer to wait for you to meet your deadline at the same time.

Good chance I am dead on wrong here, but for me it either makes no sense or is a next level FUD attempt to serve some other purpose.

Please correct me if I am wrong, maybe my thought process was just too complicated.

If someone wants to buy coins with no slippage it doesn't matter if it's non-margin coins vs. margin coins.

I said that I will probably close my long before but it all depends on the market conditions, also I might not sell a thing <0.0027 which seems more and more likely now, to me it seems there is a decent chance we will see new highs for this rally today/tomorrow.

Most of the resistance is already cleared on the way up so I wouldn't be suprised to see us hitting the next resistance at 0.003 the coming days.

Buyers can buy now all they want, I don't care, I'm buying here too, I just know that there are people who like to wait until more up is somewhat confirmed and then start to buy, let's say we break 0.00275 today/tomorrow and there isn't much for sale around there, I can sell a bit to them there to lock in profits and they can buy without slippage while more up is somewhat confirmed.

Also I can handle leaving the position open while on vacation as my liquidation price is below the all time low and I can live with the lending costs so far.

It's just for peace of mind to not have a margin position open while away.

Edit: 10k coins available to buy at spot, not mine.

I just thought there is a bigger chance of acutally selling it by just putting it on the books, because it has to be sold on the books anyways (while providing liquidity).

Right move on the second highlight, holidays need to be holidays all the way

Ofcourse I can put it on the books in a second, I'm waiting to see how the market reacts on the way up then choose what to do.

[XMRChina]

I think everyone can guess my long term sentiment towards Monero:)

Short term I don't recommend anyone use margin to speculate in either direction. There is a lot of BTC moving around right now, partially because of Ethereum.  Volatility may remain high and Poloniex still does not disclose the amount of open margin loans