owm123
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March 23, 2016, 12:47:26 AM |
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Lots of dumping today, but price has barely moved.
It wasn't that long ago when dumping this much would have crashed the market completely.
Some people might be nervous about the upcoming fork. Assuming it happens without any major problems I think the market may respond positively! Yes. I expect the fork to pump the price. And I think that's why xmr price went up in the last few days - ppl buying before the fork.
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equipoise
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March 23, 2016, 01:31:00 AM |
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We'll soon see if it's sell the news like bitcoin or it's moonero. Next two weeks are critical
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aminorex
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Sine secretum non libertas
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March 23, 2016, 01:42:52 AM |
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clock check
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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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owm123
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March 23, 2016, 02:18:04 AM |
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We'll soon see if it's sell the news like bitcoin or it's moonero. Next two weeks are critical I think so its buy or rumor, sell on news thing. But will see.
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TrueCryptonaire
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March 23, 2016, 03:54:23 AM |
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At a guess, price stabilizes near 340, short term, drifts towards 325 and range trades until the next influx.
If I am interpreting the book correctly, there should be two more jump cycles before our new friend is full, and the price will stabilize north of 400 (conservatively) in about a week.
Okay, I said drift down to 32 handle, and it was actually a jump, so I was wrong on that, but yeah, all the stuff I predicted a few pages back worked out, basically as described, so far. Now to range trade for a while, and then more BTC comes in, and levels the price up, ultimately through a 40 handle. I might be starting to get the hang of the crypto markets. Historically I have found them very hard to predict, as compared to larger markets, but I'm rather pleased with the accuracy of this particular estimation. So far I have a winning streak of length 1. Not that anyone will believe my predictions. I don't even believe them. If people believed them, they would front run them, thus breaking them.
Your predictions can be trusted indeed. If you are really bullish on XMR without further reasoning, it will crash like in 2-3 hrs or so minimum with flash crash.
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smoothie
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LEALANA Bitcoin Grim Reaper
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March 23, 2016, 05:27:45 AM |
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The ATH >1k unique views on /r/monero is also a nice barometer indicating an ongoing/upcoming storm of interest and possible gains.
What chart/link are you referring to?
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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dEBRUYNE
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March 23, 2016, 10:50:36 AM |
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We'll soon see if it's sell the news like bitcoin or it's moonero. Next two weeks are critical I think so its buy or rumor, sell on news thing. But will see. I am a bit baffled how people can think a hardfork is a "buy the rumour, sell the news" event. Probably nothing will happen price wise.
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meme magic
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March 23, 2016, 11:01:26 AM |
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We'll soon see if it's sell the news like bitcoin or it's moonero. Next two weeks are critical I think so its buy or rumor, sell on news thing. But will see. I am a bit baffled how people can think a hardfork is a "buy the rumour, sell the news" event. Probably nothing will happen price wise. Certainly wouldnt be the first time for an altcoin to gain significant value right before a hardfork and crater afterwards.
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nioc
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March 23, 2016, 11:30:55 AM |
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Considering the recent action in the altcoin market it doesn't seem likely that the significant increase in value was because of the future hard fork.
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bitebits
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Flippin' burgers since 1163.
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March 23, 2016, 12:11:49 PM Last edit: March 23, 2016, 12:23:38 PM by bitebits |
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The recent v0.9.3.0-release has provided tagged support for Win32 on x86/AMD64 processors. This is significant because there are still many Win32 computers out there. They have have a 64bit processor in many cases but if they were originally sold with 4GM or less of RAM chances are they are running 32bit Windows. It is one of the results of the behind the scene database work over the last year. Other important features of this release is the support for GNU/Linux on ARM 7 processors and also support for GNU/Linux on 32bit x86/AMD64 processors. https://getmonero.org/downloads/This means that the Raspberry PI 2B (not the 3) is now officially supported? In that case I will try to get it running during the weekend. Would be quite neat having such a small box acting as a full node (the new DB of course being a big precondition).
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- You can figure out what will happen, not when /Warren Buffett - Pay any Bitcoin address privately with a little help of Monero.
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vuduchyld
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March 23, 2016, 12:19:48 PM |
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"The next 24 hours are critical to Bitcoin, I mean, Monero"®
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bitebits
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Flippin' burgers since 1163.
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March 23, 2016, 12:21:45 PM |
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We'll soon see if it's sell the news like bitcoin or it's moonero. Next two weeks are critical I think so its buy or rumor, sell on news thing. But will see. I am a bit baffled how people can think a hardfork is a "buy the rumour, sell the news" event. Probably nothing will happen price wise. Indeed, if there was any related price action you would expect the opposite to be true (sell the rumor, buy the news of a successful HF). However if I would have still liked to take a position in Monero (and assume the HF goes just fine), pre-HF would be the time for buying. That is maybe what we have been seeing happening.
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- You can figure out what will happen, not when /Warren Buffett - Pay any Bitcoin address privately with a little help of Monero.
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CTTE
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March 23, 2016, 12:29:27 PM |
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I'm wondering if the recent price run up means that the hardfork "news" has already been priced into the market? Personally I hope not!
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hyc
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March 23, 2016, 02:17:27 PM |
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The recent v0.9.3.0-release has provided tagged support for Win32 on x86/AMD64 processors. This is significant because there are still many Win32 computers out there. They have have a 64bit processor in many cases but if they were originally sold with 4GM or less of RAM chances are they are running 32bit Windows. It is one of the results of the behind the scene database work over the last year. Other important features of this release is the support for GNU/Linux on ARM 7 processors and also support for GNU/Linux on 32bit x86/AMD64 processors. https://getmonero.org/downloads/This means that the Raspberry PI 2B (not the 3) is now officially supported? In that case I will try to get it running during the weekend. Would be quite neat having such a small box acting as a full node (the new DB of course being a big precondition). The ARMv7 binary will work on Pi 3 too. Currently the Pi 3 only ships with 32bit OS so it is just a faster ARMv7, nothing has been released that uses it as an actual ARMv8 device yet.
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aminorex
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Sine secretum non libertas
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March 23, 2016, 02:46:39 PM |
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I have a few of these on the way, which I prefer over RPi3: https://www.pine64.com/Building a very nice base right now. Looks like we might form a cup&handle next.
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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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hyc
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March 23, 2016, 02:55:49 PM |
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I have one of those on the way too. Currently I'm running ARMv8 binaries on this though http://www.geekbox.tv/8 core Cortex-A53, quite a bit more powerful than the Pine A64. (just getting the Pine for completeness' sake)
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Drhiggins
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March 23, 2016, 03:03:35 PM |
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The recent v0.9.3.0-release has provided tagged support for Win32 on x86/AMD64 processors. This is significant because there are still many Win32 computers out there. They have have a 64bit processor in many cases but if they were originally sold with 4GM or less of RAM chances are they are running 32bit Windows. It is one of the results of the behind the scene database work over the last year. Other important features of this release is the support for GNU/Linux on ARM 7 processors and also support for GNU/Linux on 32bit x86/AMD64 processors. https://getmonero.org/downloads/This means that the Raspberry PI 2B (not the 3) is now officially supported? In that case I will try to get it running during the weekend. Would be quite neat having such a small box acting as a full node (the new DB of course being a big precondition). I have a Raspberry PI 2B and would like to run it as a node as well. If you get it set up can you share the setup info. I'm not the best with Linux but trying to learn. Want to run another node with it if possible.
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Monerohash.com U.S. Mining Pool
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