Drhiggins
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August 29, 2016, 03:34:48 AM |
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Have noticed an upward movement in overall hash rate today. More so than the normal ranges I see each day. Its very slight upward movement at the moment. With this rise I expect to see the hash rate move up a good bit over then next few days. Still allot of GPU miners out there running other coins that could soon be pointing towards XMR.
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Monerohash.com U.S. Mining Pool
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Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
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August 29, 2016, 03:36:06 AM |
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Here comes the falling knife
There it is huh. Well lets see how high the low is
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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tifozi
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August 29, 2016, 03:36:55 AM |
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Here comes the falling knife
Scary 15m,perhaps it was the short dude from previous page
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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August 29, 2016, 03:39:43 AM |
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Here comes the falling knife
Scary 15m,perhaps it was the short dude from previous page That would be quite something eh...
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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August 29, 2016, 03:40:35 AM |
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They dumped all the way down to 0.013. Who would do that? And why? They could have sold for a much better price if they didnt do a massive market order dump.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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August 29, 2016, 03:41:26 AM |
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Here comes the falling knife
There it is huh. Well lets see how high the low is Not that low... had some bids in the low 12s....ah well. I imagine some of the larger holders just increased their holdings significantly as the trollbox went into OMGdump-a-drive They dumped all the way down to 0.013. Who would do that? And why? They could have sold for a much better price if they didnt do a massive market order dump. I think it is more the herd...the trollbox is full of jittery pumpAnddumpers....more skittish than wild horses.
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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August 29, 2016, 03:43:38 AM |
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Here comes the falling knife
There it is huh. Well lets see how high the low is Not that low... had some bids in the low 12s....ah well. I imagine some of the larger holders just increased their holdings significantly as the trollbox went into OMGdump-a-drive And it brought on the 100k btc 24h volume. wow Let the stuffing out of the bid wall for sure. Watching it reflate never ceases to amaze me.
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tifozi
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August 29, 2016, 03:44:05 AM |
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They dumped all the way down to 0.013. Who would do that? And why? They could have sold for a much better price if they didnt do a massive market order dump. Addiction. Like was previously mentioned, most lose their money playing this game. The rest of them are in this thread happily watching the action.
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Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
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August 29, 2016, 03:44:11 AM |
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Here comes the falling knife
There it is huh. Well lets see how high the low is Not that low... had some bids in the low 12s....ah well. I imagine some of the larger holders just increased their holdings significantly as the trollbox went into OMGdump-a-drive And it brought on the 100k btc 24h volume. wow haha sick
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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August 29, 2016, 03:45:11 AM |
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Bought some at 137. Let's see how bad my hands will bleed. 😁
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Dotto
Legendary
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Activity: 981
Merit: 1005
No maps for these territories
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August 29, 2016, 03:53:32 AM |
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There´s like 60 to 120k shorts that have to cover. This is rebounding fast
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CTTE
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August 29, 2016, 04:07:31 AM |
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Bought some at 137. Let's see how bad my hands will bleed. 😁
I managed to sell some that I had on margin for 186 and buy some back again for 133 and 142! Sometimes it's better to be lucky than good I guess!
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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August 29, 2016, 04:10:26 AM |
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Bought some at 137. Let's see how bad my hands will bleed. 😁
I managed to sell some that I had on margin for 186 and buy some back again for 133 and 142! Sometimes it's better to be lucky than good I guess! Currently not sure I was lucky. I put the bids in today but did not expect to fill them so violently. Anyone have a bandaid?
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CTTE
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August 29, 2016, 04:13:09 AM |
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Bought some at 137. Let's see how bad my hands will bleed. 😁
I managed to sell some that I had on margin for 186 and buy some back again for 133 and 142! Sometimes it's better to be lucky than good I guess! Currently not sure I was lucky. I put the bids in today but did not expect to fill them so violently. Anyone have a bandaid? Yeah, I'm feeling a bit of Whiplash from that one! It happened really quickly... I'm not sure whoever did that had to dump so deep at market to sell his bag, I think he left a bunch on the table there.
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 29, 2016, 05:18:20 AM |
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Pattern hasn't really broken yet. If it continues, we'll see a new ATH in about 12 hours.
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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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megadeth
Sr. Member
Offline
Activity: 289
Merit: 252
bagholder since 2013
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August 29, 2016, 05:22:55 AM |
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Aminorex when do we get a breather?
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bagholder since 2013 My sig space is not for sale.
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CTTE
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August 29, 2016, 05:23:41 AM |
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Pattern hasn't really broken yet. If it continues, we'll see a new ATH in about 12 hours.
I believe that... it's only about 2400 btc to get to .02 and if you're doing 110K in one day, I think that's very possible.
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birr
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August 29, 2016, 05:48:58 AM |
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The poloniex order book screen on the mobile website apparently lags. It shows bids higher than asks. I'm using Chrome browser on an android tablet. Refreshing brings the order book up to date.
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slapper
Legendary
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Activity: 2044
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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August 29, 2016, 05:50:03 AM |
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XMR is being discussed in a lot of underground forums, plenty of them on clearnet but not indexed by google of course (don't ask). These type of places are profit takers mostly when it comes to altcoins and very knowledgeable in cryptos. This time at least they sound like they are treating XMR differently and some of them have started providing services with XMR as a payment option besides BTC when there was no option besides BTC in the past. Techie forums of the bad kind so no GUI seems to have zero impact in these places.
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 29, 2016, 05:51:23 AM Last edit: August 29, 2016, 06:03:54 AM by aminorex |
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The 160btc sell wall at 016 is clear evidence of a big short protecting himself. There's just no other reason to overwhelm a rising tide with a totem of fear.
That is bullish, of course, for the long-run (which is pretty darn short in this environment), since he has to cover, in competition with longs. If he gets squeezed, and I think he will, it will almost certainly be a new ATH, and might be the top for a few weeks.
It doesn't make much sense to me that the Sept. 1 AB event would get sold a full 2 days ahead. The ramp really should continue up until Tuesday night. If the buyers keep pressuring the short, and the ask book is thin enough so that he can't cover, and he hangs on hopefully until Tuesday, we might surpass LTC mcap for a while during a squeeze. Otherwise, I would be surprised (again) to do so.
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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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