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Author Topic: [XMR] Monero Speculation  (Read 3312561 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
elrippo
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September 13, 2016, 04:54:33 PM
 #22121

I can smell the bull attack. I suppose around Wednesday/Thursday we will see a significant rise up to the 0,020´s
If you hold some Moneroj bought around the 0,0175´s you will have some profit. Everybody else, i hope you sold at the 0,026´s

I somehow believe this will be one of the last artificial bullruns, after that we would need some serious interest to keep up the price. I believe we will fall after the bullrun below the 0,010´s in a quite short timeframe...  Roll Eyes

Maybe starting by today...? Grin

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Anon136
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September 13, 2016, 04:59:40 PM
 #22122

Whelp. That just happened.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
cAPSLOCK
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September 13, 2016, 05:05:43 PM
 #22123

Whelp. That just happened.

Shorts covering or a big ass market buy by???
TrueCryptonaire
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September 13, 2016, 05:06:09 PM
 #22124

I am thinking a Trump presidency could crash USD.  Either way, the next administration is going to go full-on fiscal stimulus, and USD is near its peak.  I like market-making in XMR because it is back and forth between BTC and XMR.  Another appealling trading venue is the Gold/Silver pair.  There is no taxable event until/unless you take out some USD, and you are always in PMs, worst case.  But for the moment, USD is where it is at.  As long as oil is crashing, PMs are going to have a huge drag.  I like shorting all the things right now (except XMR).  Also GBPJPY is a good bet.  I nibble whenever it dips under 130.



Bullish on XMR.

haha same exact thoughts!

Aminorex never fails us. LOL  Grin
elrippo
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September 13, 2016, 05:07:09 PM
 #22125

Whelp. That just happened.

Shorts covering or a big ass market buy by???

130BTC buy wall at 0,0178

260BTC at 0,01799

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Anon136
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September 13, 2016, 05:07:27 PM
 #22126

Whelp. That just happened.

Shorts covering or a big ass market buy by???

Someone trying to run the stops I bet Grin. Look at the level he bought to.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
cAPSLOCK
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September 13, 2016, 05:08:39 PM
 #22127

Whelp. That just happened.

Shorts covering or a big ass market buy by???

Someone trying to run the stops I bet Grin. Look at the level he bought to.

No, you are right...  interesting. 
Anon136
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September 13, 2016, 05:09:23 PM
 #22128

Whelp. That just happened.

Shorts covering or a big ass market buy by???

Someone trying to run the stops I bet Grin. Look at the level he bought to.

No, you are right...  interesting. 

If that is what it is he is a big long term player who is only interested in long term xmr maximizing.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
bitebits
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September 13, 2016, 05:40:56 PM
 #22129

Monero is everything people thought bitcoin was 3 years ago. It's only a matter of time.
Though, I do believe there will still be a bubble(s) in bitcoin.

One should not forget that Bitcoin has multiple other use cases than merely payments. Store of value for example and a highly secure ledger for notary purposes.

Payments however are preferably done with Monero for obvious privacy reasons. It's digital cash for the internet, awesome.

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
elrippo
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September 13, 2016, 06:06:03 PM
 #22130

Buy orders just went up in a few hours buy +20%
Would not be surprised if we go up to 7500BTC+

Those shorts are getting destroyed right now  Grin

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Azael
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September 13, 2016, 06:10:06 PM
 #22131

My condolences to all the short sellers who still have a position open.

twitter.com/erikledgers
elrippo
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September 13, 2016, 06:11:23 PM
 #22132

If we manage to go above 0,019 i believe hell will break loose  Roll Eyes Grin

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infofront
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September 13, 2016, 06:13:54 PM
 #22133

Well played, bullwhale. Well played.
Anon136
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September 13, 2016, 06:14:43 PM
 #22134

The whale is probably out of the market now. He did what he was going to do. Now this market is trading the effect that the whale had on sentiment. Its going to be interesting to see what if any effect he had on the less short term.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
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binaryFate
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September 13, 2016, 06:18:07 PM
 #22135

The whale is probably out of the market now. He did what he was going to do. Now this market is trading the effect that the whale had on sentiment. Its going to be interesting to see what if any effect he had on the less short term.

This ^
I'm quite surprised the bearwhale did not believe it would keep going below 0.016. He was bullish enough at this time to close. If even the bears are not bears, who will be?

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
chennan
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September 13, 2016, 06:23:59 PM
 #22136

I am thinking a Trump presidency could crash USD.  Either way, the next administration is going to go full-on fiscal stimulus, and USD is near its peak.  I like market-making in XMR because it is back and forth between BTC and XMR.  Another appealling trading venue is the Gold/Silver pair.  There is no taxable event until/unless you take out some USD, and you are always in PMs, worst case.  But for the moment, USD is where it is at.  As long as oil is crashing, PMs are going to have a huge drag.  I like shorting all the things right now (except XMR).  Also GBPJPY is a good bet.  I nibble whenever it dips under 130.



So are you pretty much saying take out a portion of your whole entire crypto portfolio and put it into PM's?  I think this is a pretty smart thing to do, but I would still ride out the rest of this year and hold XMR.  You're right though, if this were to happen it would be smart to keep it in either crypto or PM's to avoid dealing with Uncle Sam... But honestly though, I really don't think Trump will win; there seems to be an unavoidable manipulation in the election this year.  Who knows though, just the change from a somewhat like-able guy as president to either an old/ill witch or a short-fused oompa loompa will cause chaos in the markets regardless... remember, a lot of countries still don't like doing "business" with a woman anyways.

Back on point though, love reading your insights when I come check this speculation thread from time to time.  I still feel that if it does end up dipping to 160 again and possibly below it while remaining to have a strong support at 150 or 155 for the next couple weeks will be extremely bullish and will cause some people to start trusting the XMR market again... not to mention, DNM users will start to see that this isn't some elaborate "pump and dump" scheme.

aminorex
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September 13, 2016, 06:36:21 PM
 #22137

So are you pretty much saying take out a portion of your whole entire crypto portfolio and put it into PM's?  

I like cash-like things right now.  Crypto is good.  So are PMs.  It's just a good time to de-risk, and lever only very judiciously.  I see more upside asymmetry in XMR than in anything else, so I want the largest possible position, but I can't put everything in crypto. I can't even put all my crypto in XMR, due to marginal tail risk cases.  Equities, bonds, real estate, all seem very stretched.


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.
bobabouey2
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September 13, 2016, 06:55:14 PM
 #22138

WTF just happened to bitcoin at bitfinex?  Interesting coincidence given the similar move in XMR...
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September 13, 2016, 07:04:09 PM
 #22139

Wedge/Pennant forming.

Green candles have been on higher volume, but we'll see which way it breaks soon enough.
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September 13, 2016, 08:55:04 PM
 #22140


GUI speculation






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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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