[XMR] Monero Speculation

[dEBRUYNE]

MiniNeroDroid

MiniNero phone wallet for Android

This is currently in alpha state, and is about 60-70 % functional on the test server. Not suitable for actual use yet.

Screenshots: http://imgur.com/a/xODgl

This should eventually be feature equivalent to the existing windows version:

https://github.com/ShenNoether/MiniNeroUniversal

https://github.com/ShenNoether/MiniNeroDroid

If there are any android/java developers we could use some more resources.

[dnaleor]

Tradingview added poloniex

[TrueCryptonaire]

Someone big guy selling now... 

[tifozi]

Someone big guy selling now... 

Herd mentality, nothing to do with XMR. BTC went up just a bit, whoever sold cant make much profit at all but this was expected.

Watch others alts as well ..

Based on BTC price fluctuations in the second half (especially last quarter) of 2015, I expect an inverse relationship with respect to XMR price. A significant portion of XMR owners currently seem to be into trading more than holding. Most traders were eager to get into BTC even for measly BTC rises during the last 5-6 months and unfortunately they determine the short term prices. There is indeed a herd mentality that was demonstrated recently.

XMR developments could potentially change the trend of course. ETH will probably nosedive a lot harder than XMR with a BTC rise. They stole the hedging spot from XMR that was enjoyed by XMR in 2014-early15.

[Dotto]

Seems like a great moment to short ETH, BTC is going up and could have legs. The bollingers are loaded.

However this monero selloff is excessive and will correct, I guess at .00377. Whatever, lets see

[elrippo]

Monero added to Cryptopia:

https://www.cryptopia.co.nz/Exchange/?market=XMR_BTC

Yeeeeeaaaaahhhhh, we got that thing on another exchange 
Thanks for the DEV on cryptopia.co.nz for the fast deployment in a few days with the new 0.9.3 binaries and the good documentation 

So you guys get some moneroj on cryptopia 

[explorer]

Yes - high Monero interest rates express demand for short deals - or that it is risky to hold it now.

More strikingly Bitcoin's interest rates on Poloniex was 3 times higher than Monero's during the last days, and Bitcoin's interest rate on Poloniex often jumped way too high in the last 1-2 month. (Which is for another reason than if it was an Altcoin, since Bitcoin's interest rate is lower elsewhere.) Combined with the crazy volumes on Poloniex and another coin being pumped every week,  this indicates pumper's presence...

I hadn't seen that, I don't lend BTC so never thought to look.  The XMR lending pool has been largely unaffected by the recent dumps, so it makes sense that it was borrowed longs closing out, rather than new shorts.  Also the other top gainers on Polo have taken a hit, adding some more confirmation to this.  High volume XMR dumping starting within minutes of the high volume (bitfinex) XBT pumping.  Thanks regexlove for pointing this out, it has widened the view for me.

   TC is just undercutting his own loans, not sure to what end 

[explorer]

Seems like a great moment to short ETH, BTC is going up and could have legs. The bollingers are loaded.

However this monero selloff is excessive and will correct, I guess at .00377. Whatever, lets see

So far so good 

[wpalczynski]

Yes - high Monero interest rates express demand for short deals - or that it is risky to hold it now.

More strikingly Bitcoin's interest rates on Poloniex was 3 times higher than Monero's during the last days, and Bitcoin's interest rate on Poloniex often jumped way too high in the last 1-2 month. (Which is for another reason than if it was an Altcoin, since Bitcoin's interest rate is lower elsewhere.) Combined with the crazy volumes on Poloniex and another coin being pumped every week,  this indicates pumper's presence...

I hadn't seen that, I don't lend BTC so never thought to look.  The XMR lending pool has been largely unaffected by the recent dumps, so it makes sense that it was borrowed longs closing out, rather than new shorts.  Also the other top gainers on Polo have taken a hit, adding some more confirmation to this.  High volume XMR dumping starting within minutes of the high volume (bitfinex) XBT pumping.  Thanks regexlove for pointing this out, it has widened the view for me.

   TC is just undercutting his own loans, not sure to what end 

Greedy little guy isnt he.  Giving the shorters ammunition to collect a few monero here and there while at the same time contributing to the devaluation of his whole stash.

[Febo]

It is actually funny how all alts get dumped at same time or get bought. 3h ago most high traded coins on Poloniex lost value.

Is there one guy doing it? Or is a group?  This started with higher volume in last months.

[pinky]

Monero on sale. Great opportunity if you want some.

[regexlove]

http://bit.ly/Prediction-XMR-dump
time for a dump

Yes, the warm invitation to whoever still needs to dump is still up:)
bet NO, defend your point.

[BoldNinja]

XMR is certainly a great long-term investment.

[inca]

http://bit.ly/Prediction-XMR-dump
time for a dump

Yes, the warm invitation to whoever still needs to dump is still up:)
bet NO, defend your point.

I think most of the posters in this thread are accumulating a long term position in XMR.

XMR is down 10%? It has to go down to below 0.002 for me to lose anything and i'm a latecomer to the party!

[regexlove]

I guess, but potential manipulators if any are likely also watching forums.
 So you kept buying more on margin trading only during this run up? average price?

[aminorex]

It takes three days for me to buy btc because coinbase is incompetent and has no customer service.

[TrueCryptonaire]

Yes - high Monero interest rates express demand for short deals - or that it is risky to hold it now.

More strikingly Bitcoin's interest rates on Poloniex was 3 times higher than Monero's during the last days, and Bitcoin's interest rate on Poloniex often jumped way too high in the last 1-2 month. (Which is for another reason than if it was an Altcoin, since Bitcoin's interest rate is lower elsewhere.) Combined with the crazy volumes on Poloniex and another coin being pumped every week,  this indicates pumper's presence...

I hadn't seen that, I don't lend BTC so never thought to look.  The XMR lending pool has been largely unaffected by the recent dumps, so it makes sense that it was borrowed longs closing out, rather than new shorts.  Also the other top gainers on Polo have taken a hit, adding some more confirmation to this.  High volume XMR dumping starting within minutes of the high volume (bitfinex) XBT pumping.  Thanks regexlove for pointing this out, it has widened the view for me.

   TC is just undercutting his own loans, not sure to what end 

Greedy little guy isnt he.  Giving the shorters ammunition to collect a few monero here and there while at the same time contributing to the devaluation of his whole stash.

Indeed I am greedy and thanks to my greed I have been able to collect a decent wealth. I am not a millionaire like the most guys in this thread but I have been blessed to get some funds by taking all the free lunches from the tables I have been offered + being persistent what I am doing without giving up.
Therefore I am more than happy to lend my Moneros for shorters because I am aware they have only borrowed them and they do not have ownership over my coins. I will be compensated also with interest income which is decent in terms of percentages on annual basis, and easy to create a compounding effect which is very powerful tool to become TrueCryptonaire.

[explorer]

I guess, but potential manipulators if any are likely also watching forums.
 So you kept buying more on margin trading only during this run up? average price?

Those of us accumulating long term don't buy on margin, and often don't trade at all.  Speaking for myself, I don't buy much, if any above my average, which is way way lower than current price.  I dabble in trading for entertainment when the price seems momentarily stable or range bound, and I made a little on these dumps, but very little, as most of my coins are in paper wallets, and most of the small portion I keep on polo is in lending markets.  Speaking of which, I see no wholesale piling on the bandwagon to short this market.

[ArticMine]

...
Perhaps we should explicitly define "technological failure" as only events which take down both BTC and LTC.  Then you get to be right by circular logic, which is pretty much exactly what you were trying to do in a more subtle manner.  

Part of the issue I see here is the focus on an "event", while ignoring a chronic problem that will over time take down both Bitcoin and Litecoin as well many other alt-coins. I am talking of course of the fixed blocksize issue and the lack of a viable fee market that will at the same time allow for scaling of the blockchain. The one solution to this problem that exists requires both an adaptive blocksize limit and a tail emission: Monero and Aeon. Dogecoin has a partial solution in that it has the hardest part of the problem solved (from a social covenant perspective) namely the tail emission. One could replace the tail emission with demurrage so one can argue that Freicoin also has a partial solution to this issue. In reality if one looks at the market capitalizations Monero is the most viable Bitcoin backup followed by Dogecoin.

Which is has a higher risk of death in the long run: A twenty year old who breaks his leg more than once and walks around in crutches for a few months after each injury or a twenty year old who is exposed to asbestos and catches a cancer that has no symptoms for 25 years and then kills him? Now picture the position of a life insurance company. If one is writing a 5 year short term life insurance the one exposed to asbestos is the lowest risk since the policy will be long expired before the cancer manifests any symptoms; however if one is writing a whole life policy to last a lifetime it is the injury prone 20 year old that is the lowest risk since the certain mortality at age 45 will cost the life insurance company more.

[languagehasmeaning]

It takes three days for me to buy btc because coinbase is incompetent and has no customer service.

However, I did find an old USB dongle with a 50 BTC block reward on it!  That speeds things up a wee.  Or it would if there were a working blockchain I could use to move them.

Nice find!