[XMR] Monero Speculation

[dEBRUYNE]

Was that a legit sell or a short (23.5 btc).  There was probably around 30-35 BTC total.  It was like they're trying to force down the market on purpose.

xmr whale need to realize profit because as we can see from the chart, target is below  0.002,  maybe 0.0018

There's a support zone to break first. If a price makes a local top it usually gravitates back to one of the support zones (previously resistance). Since it kind of "bubbled" such a deep retrace was expected. Will probably take a few more days before selling pressure gets exhausted.



Regarding that somewhat larger sell, it was probably that part of that 30k wall which seems to be gone now.

[Kramerc]

Target on my chart is between .0067 and .01. 

I'll post the bearish option later, when I get access to my charts.

[noobtrader]

There's a support zone to break first. If a price makes a local top it usually gravitates back to one of the support zones (previously resistance). Since it kind of "bubbled" such a deep retrace was expected. Will probably take a few more days before selling pressure gets exhausted.



Regarding that somewhat larger sell, it was probably that part of that 30k wall which seems to be gone now.

yes but at around 0.002 it was weak support imho

Target on my chart is between .0067 and .01.  

I'll post the bearish option later, when I get access to my charts.

omg... i think you need to fix your targeting device.    

[dEBRUYNE]

There's a support zone to break first. If a price makes a local top it usually gravitates back to one of the support zones (previously resistance). Since it kind of "bubbled" such a deep retrace was expected. Will probably take a few more days before selling pressure gets exhausted.

--img--

Regarding that somewhat larger sell, it was probably that part of that 30k wall which seems to be gone now.

yes but at around 0.002 it was weak support imho

Historically 0.002 has performed poorly as both support and resistance. 0.00225-0.0023 is probably a better support zone for now.

[dEBRUYNE]

MAAM #21 Monero Ask Anything Monday

https://www.reddit.com/r/Monero/comments/4ozr3w/maam_21_monero_ask_anything_monday/

[r0ach]

This may have a small effect on markets in the future...

http://bitcointalk.org/index.php?topic=1520564.0

[Monerobuyer0]

This may have a small effect on markets in the future...

http://bitcointalk.org/index.php?topic=1520564.0

We dont want your pump and dump, we want true growth.

[TheKoziTwo]

This may have a small effect on markets in the future...

http://bitcointalk.org/index.php?topic=1520564.0

We dont want your pump and dump, we want true growth.

Actually "pumps" is not bad for you as long as you can identify them and sell into the buy walls. That will distribute funds from pumpers into your hands. It's an excellent opportunity to increase your stash.

I think a major price increase also in and of itself can create true growth (demand) because it will make people notice the currency. Many will regret not paying attention to it earlier and once the price declines they will buy in. Just look at bitcoin, it's major bubble's always came with a ton of attention, and this has been the case for most altcoins as well. A major price increase will bring monero into the spotlight. And considering how awesome it is, that's where it belongs.

Monero cannot be pumped and dumped like a scamcoin can, because a scamcoin has founders who holds a large majority of the coins. They can withhold them from the market to artificially prop the price up. Monero on the other hand is much better distributed since everyone had to actually buy the coins, and they were never really cheap. What will happen is simply that people will take profit and prevent the price from going too high. It will be a currency that is difficult to pump n dump in the traditional sense, and even so it wouldn't be the death of the coin because it has fundamental value other than scamcoins that consists of only hype and fancy marketing.

So what I'm saying is that a pump can also fuel true growth. These two are not mutually exclusive.

I think it's important to welcome ALL market activity. Increased liquidity and volume is good for the currency. It increases its utility. If you don't like a certain market activity, or if you feel like someone is profiting unjustly. You can trade against it and make profit. The more activity the better, all the different actors will eventually cancel each other out and turn the currency more stable.

[nioc]

3 months 

[dEBRUYNE]

Community input needed:

https://www.reddit.com/r/Monero/comments/4p3im1/cake_day_shitpost_also_questionpoll_inside/

[TrueCryptonaire]

Personally I want dump now.
I have set a buy order which I am expecting to get filled once XMR breaks 0.002 next time.
If I am not going to get my dump, I can survive with my current holdings as well, but some more coins are always to have (right now I cannot afford to pay these prices for Moneros).

[generalizethis]

Personally I want dump now.
I have set a buy order which I am expecting to get filled once XMR breaks 0.002 next time.
If I am not going to get my dump, I can survive with my current holdings as well, but some more coins are always to have (right now I cannot afford to pay these prices for Moneros).

Is that why you're necro-posting on anti-monero threads?

[TrueCryptonaire]

Personally I want dump now.
I have set a buy order which I am expecting to get filled once XMR breaks 0.002 next time.
If I am not going to get my dump, I can survive with my current holdings as well, but some more coins are always to have (right now I cannot afford to pay these prices for Moneros).

Is that why you're necro-posting on anti-monero threads?

I am working hard to selling the idea of dumping Moneros to my bid(s). Currently one bid but I can put more also.
Looks like so far I have not succeeded to convince others to sell, perhaps it is due to low level of agreesiviness.
Actually the chart is almost copy/paste from 1 year ago.

[macartem]

how many coins are now distributed?

[nioc]

how many coins are now distributed?

12,207,000

Edit:  Moneroblocks.info

[novag]

There is a millionaire in the topic?

[fluffypony]

perhaps it is due to low level of agreesiviness.

agreesivity inteensifies.

[smoothie]

perhaps it is due to low level of agreesiviness.

agreesivity inteensifies.

  I like my greeeen eeggs and ham, sam I am!

[cAPSLOCK]

Personally I want dump now.
I have set a buy order which I am expecting to get filled once XMR breaks 0.002 next time.
If I am not going to get my dump, I can survive with my current holdings as well, but some more coins are always to have (right now I cannot afford to pay these prices for Moneros).

Is that why you're necro-posting on anti-monero threads?

I am working hard to selling the idea of dumping Moneros to my bid(s). Currently one bid but I can put more also.
Looks like so far I have not succeeded to convince others to sell, perhaps it is due to low level of agreesiviness.
Actually the chart is almost copy/paste from 1 year ago.

Maybe it's because your fucktardedness has become transparent to the point that you are virtually ignored?

Occam's razor and all.

I'm sorry to be crass but I find the open trolling to be loathsome.

[TrueCryptonaire]

Personally I want dump now.
I have set a buy order which I am expecting to get filled once XMR breaks 0.002 next time.
If I am not going to get my dump, I can survive with my current holdings as well, but some more coins are always to have (right now I cannot afford to pay these prices for Moneros).

Is that why you're necro-posting on anti-monero threads?

I am working hard to selling the idea of dumping Moneros to my bid(s). Currently one bid but I can put more also.
Looks like so far I have not succeeded to convince others to sell, perhaps it is due to low level of agreesiviness.
Actually the chart is almost copy/paste from 1 year ago.

Lol, never change TC.  I actually think you got caught out by the latest rise and now you're trying to get back in.

You got me.