[XMR] Monero Speculation

[aminorex]

Whatevs.  I am all-in as of now, so I don't care until it crosses 420ks again.  Thank you, shorts!

[cryptodromeda]

Yup. Where are the chartists who saw that coming?

~0.0029 coincides the bottom of the channel (0.001200 thru 0.001904) with the 38.2% retracement (0.00097 to 0.0042).

That's a pretty strong package, but it if breaks, then the 50% retracement sits at 0.0025950.

(We don't want the 50% marker to break as that would be a technical reversal of everything built from 0.0009.)

You're always on the mark rangedriver. Nicely done.

[explorer]

It seems 27ksat has to be retested and is not that probable that will hold. Betting at 23-25ksat as floor

Splash!  testing... testing...

[TrueCryptonaire]

Looks like I need to prepare some btc ready for accumulation. I am planning some heavy accumulation if you guys want to throw the towels to the ring. 

[r0ach]

Yup. Where are the chartists who saw that coming?

At any second between now and August there's going to be a nuclear explosion of alts cratering:

I will explain it more simply.

Ethereum speculators and Bitcoin shorters:



Bitcoin longs:

Is that Andreas Antonopolous?

[novag]

Varvarin waves to Risto - Wath it is?

What to expect in the long-term prognosis?

[lolikop]

Lots of weakhands out and lots of bagholders dumped i think were ready for the next leg up

[Dotto]

How do you analize this?

[slapper]

Yup. Where are the chartists who saw that coming? Which chart explained any of the recent dump? NONE. That's why TA etc are just dumb tools to dupe newbies (regardless of legitimacy of a coin). Overall this is coin has more slimeballs than even DASH and ETH combined. Normally I use crude language to go with this but it serves no purpose.

Just don't introduce anyone to XMR. BTC is the best one can do and that's what should be supported. Otherwise it's just dump a coin, come to this thread with a TA line to mock everyone, post negative sentiments when you want to buy, positive when you are ready to dump. Rinse, laugh and repeat.

Don't forget to post at what price you want to get back in. What price you want to sell right now. Everything out in the open, to steal from the guy posting before you in this very thread. Works everytime.

 
Fine, I'll tell you anyway: greed

Yup a lot of words to basically say what I have been saying, greedy slimeballs infest this thread, more than any other coins combined. In DASH you only have toknormal and quizzie manipulating the morons at will. ETH has its own indentified slimes.

Sure lets "retest" 230k because that number feels better in my ass. Keep fucking each other up. Moon is around the corner.

[kurious]

It seems 27ksat has to be retested and is not that probable that will hold. Betting at 23-25ksat as floor

I cannot argue with you with any conviction Dotto - you're usually on the money.

But it's 500 BTC down to dip under 25.

Which looks like support way before your low end to me.

Let's see, I am happy to catch that knife - I have bids set all the way down.

[pinky]

How do you analize this?

You just ignore it. This is bearish sign.

[explorer]

How do you analize this?

[img]polo depth chart

Very, very quickly.  For it will be unrecognizable as the same chart every few minutes  


It would appear that the margin shorts are mostly covered, using the lending pool size and rates as a reference.  Each dump appears to increase the pool, rather than decrease it, though funds were added when the bid stack was bolstered as well.  

[vuduchyld]

Let's see, I am happy to catch that knife - I have bids set all the way down.

Me, too.  I'm predicting that many of them won't get filled, but I damn sure don't mind buying at these prices.

I should also point out that one's time horizon is a pretty important factor.  My XMR time horizon is long.  I'm not just trying to trade in and out to make a few satoshi or increase BTC holdings.  I've only EVER sold less than 1000 XMR my attempts to maximize holdings by re-purchasing lower.  Sometimes, that has been successful, but mostly not.  The vast majority of my XMR will remain in my wallet for years. 

If you have bought XMR, you bought it for its ability to remain anonymous.  You bought more or you held because you figured later this year, the GUI would help utility and possibly even price.  Why would you sell now?  In fact, even if you're flipping for satoshi, why would you sell at this price?

Whales gonna whale.  Manippers gonna manip.  vuduchyld gonna hodl until the cows come home.

[TrueCryptonaire]

I am willing to support 0.001... Personally my average price is around 0.002, no point to buy more unless it will benefit somehow. To support the growth I am willing to increase a bit my average price but if the growth fails (like it looks now) I need to cost average. For me it is too expesive now to buy it even for 0.0015 as there is no point doing so.

I have not sold though since I do not care my current holdings so much. 

[r0ach]

Yup a lot of words to basically say what I have been saying, greedy slimeballs infest this thread, more than any other coins combined. In DASH you only have toknormal and quizzie manipulating the morons at will. ETH has its own indentified slimes.

Sure lets "retest" 230k because that number feels better in my ass. Keep fucking each other up. Moon is around the corner.

It's not "greedy slimeballs", it's just random people like American Pegasus spamming the coin is going to be worth $5 billion dollars each before dinner time, or TrueCryptonaire saying it's going to be worth $100 each in 2014 and $1000 each by 2016.  If people trade on that advice, it's probably not going to work.  Just because he has unrealistic expectations or might not be the greatest of traders doesn't mean the thread is full of manipulators.

I personally think anyone trading altcoins this close to BTC halving is insane, but that's just my opinion, man.  That is, unless you have so much money that tossing a few thousand at Monero is inconsequential.

[thelibertycap]

I cannot say I am surprised by the recent development although I hoped for bitcoin to be in better shape and it is sad to see it struggling to stay afloat over 400 while this altcoin bloodbath is in place.
Eth finally tanked thus Monero followed.
 I have started buying back already with recent profits.

[dEBRUYNE]

Yup a lot of words to basically say what I have been saying, greedy slimeballs infest this thread, more than any other coins combined. In DASH you only have toknormal and quizzie manipulating the morons at will. ETH has its own indentified slimes.

Sure lets "retest" 230k because that number feels better in my ass. Keep fucking each other up. Moon is around the corner.

It's not "greedy slimeballs", it's just random people like American Pegasus spamming the coin is going to be worth $5 billion dollars each before dinner time, or TrueCryptonaire saying it's going to be worth $100 each in 2014 and $1000 each by 2016.  If people trade on that advice, it's probably not going to work.  Just because he has unrealistic expectations or might not be the greatest of traders doesn't mean the thread is full of manipulators.

I personally think anyone trading altcoins this close to BTC halving is insane, but that's just my opinion, man.  That is, unless you have so much money that tossing a few thousand at Monero is inconsequential.

I'd agree if BTC wasn't such a mess.

[lolikop]

As fast it went down as fast it shall recover and reach new ATH

[TrueCryptonaire]

I will correct a bit my statement: to buy more I need to be convinced the bull trend continues or Monero drops to 0.001. However, the latter case I might increase my holdings 800-900 %.  

[r0ach]

I'd agree if BTC wasn't such a mess.

But it's not.  Segwit + Core conceded on hardfork = 3.2mb blocks in 2017.  I see the glass ceiling on BTC price coming off mostly around 8-10MB blocks, so it's not far off.  

But about Monero, I think I saw Peter Todd claiming the Bitpay or something or other company's idea for dynamic block size was a "broken" idea the other day.  Wasn't Bitpay's idea the same thing Monero already uses?  What was the difference in the two?  I would find it hard to believe he would say that solely because of a missing non-zero block reward.  Someone needs to question the Todd and get him to clarify these statements as they relate to Monero.