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RayX12
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September 11, 2016, 11:09:34 AM |
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That was an interesting dump, looks like someone unloaded nearly 100,000 XMR at market, dropping the price to about 0.0184.
I'm no expert but maybe someone wanted to squeeze out some long margin positions and/or use scare tactics to get some cheaper coins?
Looks like the coins from mr birr where dumped on the market.. 7k coins don't even make a ripple. Ooops... you are right I got the numbers wrong... 7k where mr birr and the dump was 70K.. I missed it by a factor of 10.. better have some coffee now!
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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September 11, 2016, 11:47:09 AM |
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I sold a week ago. Still holding a small amount. It was a very good move. But now i want you to dump more so i can buy rather lower. The first reason was that it was going too fast and eventually it would have a correction. As it did though i expect a bigger one. The second reason was that i really couldnt keep up with watching it. It was taking too much time from my life. Actually it was probably the anxiety I see for so much time very good work being done. And i see for 10 months now only good news. The project continues to be serious, productive and is actually fun! If you know what i mean. I dont think that we have passed the point where we can say that monero would never die but i really can imagine a bright future. So right now my bets are in a dump because a)I would argue that it needs a bigger correction for weak hands to leave (i might be the weak hands) and whales to accumulate more, b)btc seems bullish and all altcoins dump when this happens (although monero has held some times or was bullish in the same time), c)zcash is coming for which although i think it will eventually be a massive flop there will also be too much hype at the start and too much fud against monero (long term monero will win again as it has done with every single coin ever trying to compete(i can count at least 10)). d)I believe that i see a few signs of greed after justified enthusiasm. In any case, if it goes to the moon right now (which is really not that far fetched) so be it! I will still be happy for the project, my good profit and my small xmr amount i still hold. About monero status app, yeah unfortunately i cant persuade my friend to spend more time on it right now. He has it in mind though. At least i persuaded him to hold some xmr and he actually also did a small uni presentation for both monero and zcash cryptography. Did you get your fill? Personally I have sold 0 coins, I should have done like you but I am a bagholder I guess (in its true meaning). Sure these dumps hurts and it is not nice to watch our baby being thrown that badly from side to side. Monero is a true man of sorrow I guess. However it is already resurrecting from the death. I think this game will end nicely after all and finally it is bagholding that makes you wealthy but it takes some time. It would be refreshing to listen from time to time some updates from DNM. Also it would be interesting to get some info how widely Monero is used actually (in case there is any way to determine it).
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xmrlove
Member
Offline
Activity: 78
Merit: 10
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September 11, 2016, 01:33:54 PM |
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Whale try to get cheap coin SO FUNNY. - try to shake XMR price but holding in 180-190 range STRONGRUSSIA WE LIKE STRONG XMRFor me I think XMR could go back 2MILLSATOSHI - whale who make big dump today will have to buy back - this makes price even stronger end of day - also more long time price stay in 180-190 range it will make for good confidence in investor from outside area looking into XMR opportunity
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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September 11, 2016, 01:50:21 PM |
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Who is Peter Todd...? Someone next from God? Is he mortal just like us?
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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September 11, 2016, 04:22:42 PM |
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0188 is my buy point. Hello again, buy point.
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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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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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September 11, 2016, 04:24:30 PM |
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0188 is my buy point. Hello again, buy point.
Looks like we have a triple bottom in low 18's.
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Creenome
Newbie
Offline
Activity: 19
Merit: 0
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September 11, 2016, 05:00:02 PM |
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Does anyone here margin trade on Poloniex?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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September 11, 2016, 05:07:43 PM |
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Does anyone here margin trade on Poloniex?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
The book varies at an alarming rate. You need to raise your rate limit I would guess. Don't be so cheap
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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September 11, 2016, 05:11:56 PM |
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Does anyone here margin trade on Poloniex?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
The book varies at an alarming rate. You need to raise your rate limit I would guess. Don't be so cheap I couldn't more agree on this statement. I am giving both btc and xmr loans out and I prefer higher rates to lower rates on both coins.
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Creenome
Newbie
Offline
Activity: 19
Merit: 0
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September 11, 2016, 05:17:00 PM |
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Does anyone here margin trade on Poloniex?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
The book varies at an alarming rate. You need to raise your rate limit I would guess. Don't be so cheap I couldn't more agree on this statement. I am giving both btc and xmr loans out and I prefer higher rates to lower rates on both coins. To get both of you in one go, I have tried it all. =/ I'll even sit there with an open order, refreshing the lending page, and I stare blankly at open lending offers that match my order. I am at such a loss. Bagholding from the start, but wanting to make that little extra.
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sparky999
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September 11, 2016, 05:44:24 PM |
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Does anyone here margin trade on Poloniex?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
The book varies at an alarming rate. You need to raise your rate limit I would guess. Don't be so cheap I couldn't more agree on this statement. I am giving both btc and xmr loans out and I prefer higher rates to lower rates on both coins. To get both of you in one go, I have tried it all. =/ I'll even sit there with an open order, refreshing the lending page, and I stare blankly at open lending offers that match my order. I am at such a loss. Bagholding from the start, but wanting to make that little extra. Have you moved the coins into your margin account? If they are in your exchange account they can't be used for margin positions.
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Creenome
Newbie
Offline
Activity: 19
Merit: 0
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September 11, 2016, 05:48:09 PM |
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Does anyone here margin trade on Poloniex?
I'd like to think I'm not a complete moron when it comes to margin trading but I can't seem to get it to work.
There are plenty of loans out on the table and for the price I set in my margin buys at, however, when making a trade I get the message 'Insufficient loans to cover trade'.
What am I doing wrong?
The book varies at an alarming rate. You need to raise your rate limit I would guess. Don't be so cheap I couldn't more agree on this statement. I am giving both btc and xmr loans out and I prefer higher rates to lower rates on both coins. To get both of you in one go, I have tried it all. =/ I'll even sit there with an open order, refreshing the lending page, and I stare blankly at open lending offers that match my order. I am at such a loss. Bagholding from the start, but wanting to make that little extra. Have you moved the coins into your margin account? If they are in your exchange account they can't be used for margin positions. They don't even allow you to go as far as placing a loan order if you don't have XMR in your margin account. I was hoping to get someone who may or may not have had this same issue, but now understands how it works. It's really becoming a pain in my ass!
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Arcteryx
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September 11, 2016, 05:56:08 PM |
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I would like to know from the expert here if buying some monero could be risky or is it safe to say that it is garnering an investment that will not make you lose anything.
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medusa13
Sr. Member
Offline
Activity: 453
Merit: 500
hello world
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September 11, 2016, 05:57:15 PM |
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Creenome, i experienced this issue and i dont know what the problem is exactly. what i do is just use small orders with small time delay. mostly if i use margin i market buy or sell anyway and dont put limit orders. so if i have 10 btc to play, i would fire 2 btc each 3 secounds or so directlys into the bids/asks. with that you are at least able to enter quickly with the majority of your money when there is movement in the market. becasue polo can lagg too, and when after 20 sec of lagg this message pops up (instead of "margin order placed" or whatever, its really frustrating.
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XMR Monero
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coinism
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September 11, 2016, 06:12:28 PM |
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i'd love to know what the total XMR amount @ polo is, what % of XMR total.
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guesswho1234
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September 11, 2016, 06:25:30 PM |
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holy sh whats happening with xmr? crashed below 0.018. soon bagholder will panicsell
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bitwolf
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September 11, 2016, 06:33:10 PM |
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holy sh whats happening with xmr? crashed below 0.018. soon bagholder will panicsell
and I'm gonna panicbuy
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