[XMR] Monero Speculation

[rpietila]

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

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.

[TrueCryptonaire]

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

[rpietila]

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 

[onemorexmr]

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  

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

[0nlyBTC]

I wonder if we will see $0.23/XMR again...

[pinky]

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

[mmortal03]

Monero needs a fiat exchange...

Indeed.

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

Oh, really?

[lyth0s]

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  

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.

[explorer]

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  

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.

[onemorexmr]

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  

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)

[nioc]

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  

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

[DieJohnny]

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

[coinits]

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.

[pandher]

Polo on iphone is lag free

[TrueCryptonaire]

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 

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.

[dEBRUYNE]

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 

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?

[generalizethis]

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 

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.

[jehst]

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  

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.

[TrueCryptonaire]

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  

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?

[jehst]

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).