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mrkavasaki
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August 09, 2015, 04:29:08 PM |
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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
http://itsalmo.st/#chinatimeSo today is not chinatime?   |
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dEBRUYNE
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Activity: 2268
Merit: 1141
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August 09, 2015, 04:32:24 PM |
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Edit: 10k coins available to buy at spot, not mine.
Pulled and 3k was bought in front of it. If we can break 27 on volume, we'll probably see a genuine attempt at breaking 30. |
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mrkavasaki
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August 09, 2015, 04:35:09 PM |
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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? I think it will happen next week, but i am not really sure if the 0.0019 will hold. We could still see under 0.0018 prices |
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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August 09, 2015, 04:35:22 PM |
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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
Leverage is interesting thing as people take loan upon loans. Potentially this can create a bubble for Monero. However, it might be pretty ugly when the bubble bursts. I certainly hope there will be some shorts also to be filled when this happens just for the sake of markets. Reminds me from US housing bubble in 2000-2007. |
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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August 09, 2015, 04:47:53 PM |
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This Pump was just happen because of the related almostchina Countdown thing.
The Price will return to his old level
I am glad I am not the only bear here. Although every other post of mine is bullish and bearish due to the fact that I want to buy more (my trading position) but on the other hand, I still have my long term position which is untouched and will make me rich when Monero hits 2000 usd TM |
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Hueristic
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Activity: 4032
Merit: 5589
Doomed to see the future and unable to prevent it
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August 09, 2015, 05:10:08 PM |
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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
THIS cannot be stressed enough, Insider info can change a market in an instant with huge ramifications. I am staying divested until this info is available. I like Polo but it doesn't mean I trust them all. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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camu6
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August 09, 2015, 06:59:01 PM |
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There is some good buying on poloniex going on, ~20k XMR bought last hour. Good call on 0.00235 i guess |
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rpietila
Donator
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Activity: 1722
Merit: 1036
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August 09, 2015, 07:06:29 PM |
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There is some good buying on poloniex going on, ~20k XMR bought last hour. Good call on 0.00235 i guess Thanks!  Fibonacci gives from the beginning of the uptrend in 177k, the values of 213k (full 2. order retracement), 224k (50% retracement), 235k (bullish 38.2% retracement).
- Anyway, I would say if the current 235k bottom remains for 24 hours, it spells immediate upside.
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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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camu6
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August 09, 2015, 07:38:43 PM |
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There is some good buying on poloniex going on, ~20k XMR bought last hour. Good call on 0.00235 i guess Thanks! Fibonacci gives from the beginning of the uptrend in 177k, the values of 213k (full 2. order retracement), 224k (50% retracement), 235k (bullish 38.2% retracement).
- Anyway, I would say if the current 235k bottom remains for 24 hours, it spells immediate upside.
*cough* So warz' wall at 0.002451 is being sold into. Lets see if it holds. If it doesn't next stop on the pullback will be 0.00235 bang on where I predicted yesterday.
 Ok boys stop fighting. I meant to say good call to you both =) |
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pinky
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August 09, 2015, 10:19:50 PM |
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Monero is so very strong. 200 new redditors joined Monero subreddit in last 30 days, biggest monthly increase since September last year. I hope we'll never see prices below 0.002 again.
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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August 10, 2015, 12:39:22 AM |
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Monero is so very strong. 200 new redditors joined Monero subreddit in last 30 days, biggest monthly increase since September last year. I hope we'll never see prices below 0.002 again.
Why you hope so? Isn't it a buying opportunity if we see those prices? Personally I would be buying like a mad cow if we go those levels.  |
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mookid
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August 10, 2015, 01:34:44 AM |
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Monero still needs more volume... Bytecoin has more
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ArticMine
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Activity: 2282
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Monero Core Team
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August 10, 2015, 01:48:41 AM |
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Monero still needs more volume... Bytecoin has more
You are kidding right? Over 100,000 USD volume for XMR vs below 24,000 USD volume for BCN |
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oblox
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Activity: 1442
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August 10, 2015, 01:48:53 AM |
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Monero still needs more volume... Bytecoin has more
lol |
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aminorex
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Sine secretum non libertas
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August 10, 2015, 01:50:27 AM |
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that is ludricous. I see 50x in xmr.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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kazuki49
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August 10, 2015, 01:54:04 AM |
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Monero still needs more volume... Bytecoin has more
You are kidding right? Over 100,000 USD volume for XMR vs below 24,000 USD volume for BCN yeah wut...  |
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smooth (OP)
Legendary
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Activity: 2968
Merit: 1198
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August 10, 2015, 02:01:53 AM |
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Monero still needs more volume... Bytecoin has more
Fake volume created by bots trading with each other on scam exchanges doesn't count. Coinmarketcap wouldn't remove it (why might that be?), but I will Bytecoin Markets Volume (24h) $21941$2049 $1 Total: $2050 |
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mrkavasaki
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August 10, 2015, 04:44:54 AM |
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Seems like 0.0026-.0027 is the top
The Chart looks like a big dump will happen soon
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slap
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August 10, 2015, 06:23:55 AM |
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Seems like 0.0026-.0027 is the resistance
The Chart looks like a retrace will happen soon
fixed it for you |
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