[XMR] Monero Speculation

[iCEBREAKER]

petertodd sold 50% of his bitcoins in the low 200s in 2015
https://www.reddit.com/r/Bitcoin/comments/281ftd/why_i_just_sold_50_of_my_bitcoins_ghashio/

and he owns $500 worth of monero? why not have a little more if you really believe in the future of crypto?

I too, only own $500 worth of Monero.      

It's just not ready to be a store of value.         

/plausible deniability

[americanpegasus]

A mix is necessary.  I think it's pretty public knowledge that I've gone full retard on Cryptonote and 2/3rds of all my savings is in Monero and Aeon, with the other third in Bitcoin.  
  
My plan is to eventually add a small stake of Boolberry as well.  
  
So for me its do or die, but that also taints my words a little: people call me a shill because my financial future is intertwined with the success of cryptocurrency.  Even if I do have altruistic motivations, people can always say that I am 'not thinking clearly'.  That can be very frustrating.... I have a range of choices of where to place my chips and I am (and have been) missing out on some sweet sweet short money by not buying market puts.  
  
Why?  Not because I am trying to get rich quick, but because I've found that rare asset that I can believe in *and* invest in.  How often does that happen?  
  
Anyway, it's good to have both - people who are heavily vested in a projects success and those who are only academically interested.   Both bring their own brand of accreditation.  

[jehst]

Anyway, it's good to have both - people who are heavily vested in a projects success and those who are only academically interested.   Both bring their own brand of accreditation.  

academics have their value, but i'm not sure i'd want to see them leading a fortune 500 company that i was invested in.

are there any ex-professors leading fortune 500 companies?

[XMRpromotions]

There is a good chance that ETH will keep the #1 volume spot on Poloniex for the foreseeable future.

In order to help ensure XMR trading pairs (giving XMR better liquidity and visbility compared to when only BTC and LTC trading pairs were offered) continue long term, please use them when you can. Bid/Ask spreads will decrease with higher usage.

Instead of trading XMR for BTC and then BTC for LTC trade XMR for LTC

Instead of trading XMR for BTC and then BTC for BBR trade XMR for BBR

If the spreads are greater for the XMR trading pairs, use limit orders instead of market orders.

https://twitter.com/MoneroPromotion/status/698267504452349952

A mix is necessary.  I think it's pretty public knowledge that I've gone full retard on Cryptonote and 2/3rds of all my savings is in Monero and Aeon, with the other third in Bitcoin. 
 
My plan is to eventually add a small stake of Boolberry as well. 

One way to support XMR, AEON and BBR at the same time is to use my advice above! Hopefully Poloniex will add Aeon soon.

[dnaleor]

Quick guys, dump it back down, we're rising a little...

lol. I can see where your sarcasm comes from, after a multi-year bear market



As others pointed out, if we break that red exponential trendline AND we break the privious high at 0.001677 BTC, all bets are off!
I drew the fib levels. They seem to match some of the privious highs/resistance pretty well.

edit: DASH pump seems over for now. They are below 0.01.
When our market cap comes near to theirs, people will jump from the DASH Rickety Raft and in stead join the XMR Stabila Ŝipo

[ArticMine]

...

lol. I can see where your sarcasm comes from, after a multi-year bear market



As others pointed out, if we break that red exponential trendline AND we break the privious high at 0.001677 BTC, all bets are off!
I drew the fib levels. They seem to match some of the privious highs/resistance pretty well.

edit: DASH pump seems over for now. They are below 0.01.
When our market cap comes near to theirs, people will jump from the DASH Rickety Raft and in stead join the XMR Stabila Ŝipo

A break above 0.001677 XBT and a break of the red trend line are essentially the same if it happens in the next couple of days. 

[wachtwoord]

petertodd sold 50% of his bitcoins in the low 200s in 2015
https://www.reddit.com/r/Bitcoin/comments/281ftd/why_i_just_sold_50_of_my_bitcoins_ghashio/

and he owns $500 worth of monero? why not have a little more if you really believe in the future of crypto? and if you don't believe in the future of crypto, why even work on it and attend these conferences and be so outspoken about it? how many bitcoins does he even own. probably not many at this point.

another guy who confuses me is Adam Back.
Satoshi e-mailed Adam Back and encouraged him to mine a few blocks of bitcoin with his CPU. Adam Back scoffed at the idea and didn't mine any. why not?

now he talks about bitcoin as if he invented it. on his twitter, he describes himself as the inventor of hash cash and says that bitcoin is just "hashcash with inflation control." lmao.

i would rather see devs with skin in the game. i know fluffypony has a stake in mymonero and the monerodice. and likely owns more than $500 worth of monero.  that's a good thing. because then you know it actually matters to him whether this thing succeeds or not.

Adam states he had 5 figures left after that 50% sell in your link. I don't know whether he meant 5 figures in XBT or CAD. Would make quite a difference ...

[dEBRUYNE]

Key resistance level broken on volume:



Horizontal line is 167-168k satoshi.

[iCEBREAKER]

A break above 0.001677 XBT and a break of the red trend line are essentially the same if it happens in the next couple of days. 

{{{{B000M}}}}

We did it!

Go Mustangs!!!   

[explorer]

Poloniex volume on 3 day chart 

[ArticMine]

Poloniex volume on 3 day chart 

Over 700,000 XMR.

[dEBRUYNE]

Around 12k borrowed and subsequently dumped to short. Total offers signifcantly declining and rates shooting up. This could get interesting since there is some possible fuel now.

http://monerodice.pd.to/polo.php (check around 02:15 UTC and compare with the chart).

https://poloniex.com/lending#XMR

[phishead]

Just had a notification on my phone that we reached $.70 a while ago! 

Primer, how you feeling buddy? 

[dEBRUYNE]

A new subreddit, I think the intention is to make it somewhat similiar to r/bitcoinmarkets:

https://www.reddit.com/r/moneromarket/

[americanpegasus]

A new subreddit, I think the intention is to make it somewhat similiar to r/bitcoinmarkets:

https://www.reddit.com/r/moneromarket/

 
 
Yeah, just slapped a fresh and exciting coat of paint on it.... but maybe we have a misunderstanding?  We already have /r/moneromarkets (note the 's') who's purpose is to discuss price action.  I had intended that to be an actual subreddit for buying, selling, and trading both Monero and goods/services in Monero.  Similar to https://www.reddit.com/r/dogemarket/ 
 
Also, fam, damn, TFW you see that Monero price and haven't really been watching it for a few weeks. 
 

 

[Hueristic]

First time I can remember seeing XMR and BTC rising at the same time.


Shows how much trust people have in BTER! )

https://bter.com/trade/xmr_btc

[ArticMine]

First time I can remember seeing XMR and BTC rising at the same time.

A critical downward trend line going back to the ATH of May 2014 has been broken on very strong volume. Right now my take is that all bets are off as to what can happen next.

[tifozi]

Market is responding to some of Shen's work and ETH profits are flowing in for now to ride, but I personally think that a new base will come out of all this. We could see an end of the 0.001 era for good measure.

Shen has demonstrated not just an expertise in theoretical math and cryptography but is a rare gem in transforming it to practical cpp and py codes. That is a rare combo, very much like early Satoshi production timelines. Monero is in good hands.

[newb4now]

Around 12k borrowed and subsequently dumped to short. Total offers signifcantly declining and rates shooting up. This could get interesting since there is some possible fuel now.

http://monerodice.pd.to/polo.php (check around 02:15 UTC and compare with the chart).

https://poloniex.com/lending#XMR

Primer, how you feeling buddy? 

Could primer be the person who shorted? If so I am really worried for his well being.

[Hueristic]

First time I can remember seeing XMR and BTC rising at the same time.

A critical downward trend line going back to the ATH of May 2014 has been broken on very strong volume. Right now my take is that all bets are off as to what can happen next.

Weird timing this happened just when I got a cash influx today.

Around 12k borrowed and subsequently dumped to short. Total offers signifcantly declining and rates shooting up. This could get interesting since there is some possible fuel now.

http://monerodice.pd.to/polo.php (check around 02:15 UTC and compare with the chart).

https://poloniex.com/lending#XMR

Primer, how you feeling buddy?  

Could primer be the person who shorted? If so I am really worried for his well being.

He would never admit to it, Hey truecryptonaire you shorting?

Market is responding to some of Shen's work and ETH profits are flowing in for now to ride, but I personally think that a new base will come out of all this. We could see an end of the 0.001 era for good measure.

Back to 24? 32?

I have no clue where it's going. My day back from the casino I get some good entertainment!