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Author Topic: [XMR] Monero Speculation  (Read 3312329 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.)
rpietila
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March 05, 2015, 09:36:43 PM
 #3041

Not quite the same when you can fulfil your own prophecy with 0.001% of your portfolio  Grin Wink

In fact it is more difficult to accumulate XMR if the sums are large relative to the coin. It requires lots of patience.

As for the XMR/fiat "exchange" I have already told it's in the projects pipeline.

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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TrueCryptonaire
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March 05, 2015, 10:16:02 PM
 #3042

There is a wall of 200 btc wall at 0.00194....
rpietila
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March 05, 2015, 10:38:21 PM
 #3043

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

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)
onemorexmr
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March 05, 2015, 10:40:19 PM
 #3044

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

my app says yesterdays low was 0.0014? did it miss a trade?
EDIT: that low was about 36h ago

XMR || Monero || monerodice.net || xmr.to || mymonero.com || openalias.org || you think bitcoin is fungible? watch this
0nlyBTC
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March 05, 2015, 10:44:11 PM
 #3045

I wonder if we will see $0.23/XMR again... Huh
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March 05, 2015, 10:59:13 PM
 #3046

wow, 350 btc. Very bullish setup in the making.



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mmortal03
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March 06, 2015, 01:14:31 AM
 #3047

Monero needs a fiat exchange...

Indeed.


As for the XMR/fiat "exchange" I have already told it's in the projects pipeline.

Oh, really?

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March 06, 2015, 01:45:09 AM
 #3048

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

my app says yesterdays low was 0.0014? did it miss a trade?
EDIT: that low was about 36h ago

Where are you trading at and with what app? I'm using Poloniex for buying my Monero, but the UI is soooo slow and nearly broken on my android.

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March 06, 2015, 02:37:05 AM
 #3049

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

my app says yesterdays low was 0.0014? did it miss a trade?
EDIT: that low was about 36h ago

Where are you trading at and with what app? I'm using Poloniex for buying my Monero, but the UI is soooo slow and nearly broken on my android.

 Polo crashes my phone, and my mediocre laptop barely functions.  Crazy resource hog.  Since I don't trade much, I can put up with it to buy my moneroj.  It sure would be nice to have a 'light' version with fewer features though.
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March 06, 2015, 02:41:35 AM
 #3050

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

my app says yesterdays low was 0.0014? did it miss a trade?
EDIT: that low was about 36h ago

Where are you trading at and with what app? I'm using Poloniex for buying my Monero, but the UI is soooo slow and nearly broken on my android.

self developed @polo
(but the api is slow also... sometimes more than one second to set an order (even if it doesnt get executed immediately)

XMR || Monero || monerodice.net || xmr.to || mymonero.com || openalias.org || you think bitcoin is fungible? watch this
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March 06, 2015, 02:58:07 AM
 #3051

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

my app says yesterdays low was 0.0014? did it miss a trade?
EDIT: that low was about 36h ago

Where are you trading at and with what app? I'm using Poloniex for buying my Monero, but the UI is soooo slow and nearly broken on my android.

 Polo crashes my phone, and my mediocre laptop barely functions.  Crazy resource hog.  Since I don't trade much, I can put up with it to buy my moneroj.  It sure would be nice to have a 'light' version with fewer features though.

I also don't trade much and would not attempt it at Polo on my new android phone.  I find it almost impossible to scroll through the order book.  I did cancel an order once.

To check the price I use bitcoinwisdom, no lag at all.  One stop shopping Cheesy
DieJohnny
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March 06, 2015, 03:57:17 AM
 #3052

why is monero only traded on four exchanges, no cryptsy? Or do I have bad information?

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March 06, 2015, 03:58:27 AM
 #3053

why is monero only traded on four exchanges, no cryptsy? Or do I have bad information?

Not on Cryptsy? Good. I have seen what they do to good coins. Stay away.

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March 06, 2015, 04:05:56 AM
 #3054

Polo on iphone is lag free
TrueCryptonaire
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March 06, 2015, 08:50:43 AM
 #3055

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

It is divived into two pieaces.
The first one is at 192'ish and the rest is on 194.
This might be for real since it has been broken into pieces. Manipulative walls are in one piece, real walls are cut into pieces.
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March 06, 2015, 09:28:23 AM
 #3056

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

It is divived into two pieaces.
The first one is at 192'ish and the rest is on 194.
This might be for real since it has been broken into pieces. Manipulative walls are in one piece, real walls are cut into pieces.

What would a manipulator stop from breaking his wall into pieces so it looks less manipulative?

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March 06, 2015, 10:14:05 AM
 #3057

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

It is divived into two pieaces.
The first one is at 192'ish and the rest is on 194.
This might be for real since it has been broken into pieces. Manipulative walls are in one piece, real walls are cut into pieces.

What would a manipulator stop from breaking his wall into pieces so it looks less manipulative?

Not giving a shit. Abiding by a set of arbitrary rules. Not thinking of it.....

I'm going with the first.

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March 06, 2015, 10:20:09 AM
 #3058

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

It is divived into two pieaces.
The first one is at 192'ish and the rest is on 194.
This might be for real since it has been broken into pieces. Manipulative walls are in one piece, real walls are cut into pieces.

Why wouldn't it be real? As Risto has pointed out, there are accumulation zones. People have been accumulating at 90-190 for months. And supporting the price in the process. And now if the market wants to go higher, they need to pay the toll. After 194, the price will probably rip upwards (with big crashes and corrections to follow).

Then, when all the .004-average accumulators have a solid profit, there will be yet another toll. After .005, the price can truly rip because there will be little resistance. Greed and FOMO can send the price anywhere at that point.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
TrueCryptonaire
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March 06, 2015, 10:42:36 AM
 #3059

There is a wall of 200 btc wall at 0.00194....

Aaaaand... it's gone.

Instead, there is 200 btc buy support above the yesterday's low  Grin

It is divived into two pieaces.
The first one is at 192'ish and the rest is on 194.
This might be for real since it has been broken into pieces. Manipulative walls are in one piece, real walls are cut into pieces.

Why wouldn't it be real? As Risto has pointed out, there are accumulation zones. People have been accumulating at 90-190 for months. And supporting the price in the process. And now if the market wants to go higher, they need to pay the toll. After 194, the price will probably rip upwards (with big crashes and corrections to follow).

Then, when all the .004-average accumulators have a solid profit, there will be yet another toll. After .005, the price can truly rip because there will be little resistance. Greed and FOMO can send the price anywhere at that point.

I said: It is most likely real since it is divided into two different walls so that it looks less manipulative.
I have no plans to sell any coins even if it hits 0.01. Perhaps try to trade but my investment portfolio is here for long term (or high price). I am able to waite with them years, not weeks or months. I want a good price from my investment portfolio. Why to eat the cream while you can have a cake after the cake is finished?
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March 06, 2015, 11:08:37 AM
 #3060

Why to eat the cream while you can have a cake after the cake is finished?

Profit takers will be buying again later to get even more cake. Of course, it's possible that they'll never get a chance to buy cheaper (e.g. bitcoin profit takers who sold at $1).

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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