[XMR] Monero Speculation

[Dafar]

Did you pull that trigger yet? How low can we go as chuck d says? 

Me? No not yet, although this doesn't seem like a bad spot

[owlcatz]

Did you pull that trigger yet? How low can we go as chuck d says?  

Me? No not yet, although this doesn't seem like a bad spot

Agreed. The crazy part to me is that the depth chart never changes. Always way more buyers than sellers, yet constant dumping.

Do you think all the newbies who bought at the ATH are now dumping at a loss? This coin is awesome, it's the best rollercoaster ever, I feel like a bitcoiner did back in 2010-11 etc.

[Blazed]

Did you pull that trigger yet? How low can we go as chuck d says?  

Me? No not yet, although this doesn't seem like a bad spot

Agreed. The crazy part to me is that the depth chart never changes. Always way more buyers than sellers, yet constant dumping.

Do you think all the newbies who bought at the ATH are now dumping at a loss? This coin is awesome, it's the best rollercoaster ever, I feel like a bitcoiner did back in 2010-11 etc.

Glad I sold my stash when I did.This was a solid pump and dump for sure. Thinking we have not found the bottom quite yet....looking to buy back in for longer term. Held my XMR for a year last time 

[owlcatz]

Did you pull that trigger yet? How low can we go as chuck d says?  

Me? No not yet, although this doesn't seem like a bad spot

Agreed. The crazy part to me is that the depth chart never changes. Always way more buyers than sellers, yet constant dumping.

Do you think all the newbies who bought at the ATH are now dumping at a loss? This coin is awesome, it's the best rollercoaster ever, I feel like a bitcoiner did back in 2010-11 etc.

Glad I sold my stash when I did.This was a solid pump and dump for sure. Thinking we have not found the bottom quite yet....looking to buy back in for longer term. Held my XMR for a year last time  

I think it was more of a letdown effect to new investors and users because they expected an official GUI wallet already and there was not.... I'm pretty sure once it arrives, all these people who sold out at any point in the past will really regret it, but that's just my .02 xmr

I see it's back on the upswing atm - 0.01558023 BTC

[Blazed]

Did you pull that trigger yet? How low can we go as chuck d says?  

Me? No not yet, although this doesn't seem like a bad spot

Agreed. The crazy part to me is that the depth chart never changes. Always way more buyers than sellers, yet constant dumping.

Do you think all the newbies who bought at the ATH are now dumping at a loss? This coin is awesome, it's the best rollercoaster ever, I feel like a bitcoiner did back in 2010-11 etc.

Glad I sold my stash when I did.This was a solid pump and dump for sure. Thinking we have not found the bottom quite yet....looking to buy back in for longer term. Held my XMR for a year last time  

I think it was more of a letdown effect to new investors and users because they expected an official GUI wallet already and there was not.... I'm pretty sure once it arrives, all these people who sold out at any point in the past will really regret it, but that's just my .02 xmr

I see it's back on the upswing atm - 0.01558023 BTC

I dumped a lot of BTC at 1k a few years back...no regrets here. Buying and never selling at obvious pumps = less coins... I could easily buy a lot more XMR now if I wanted from the profits.

[explorer]

Did you pull that trigger yet? How low can we go as chuck d says?  

Me? No not yet, although this doesn't seem like a bad spot

Agreed. The crazy part to me is that the depth chart never changes. Always way more buyers than sellers, yet constant dumping.

Do you think all the newbies who bought at the ATH are now dumping at a loss? This coin is awesome, it's the best rollercoaster ever, I feel like a bitcoiner did back in 2010-11 etc.

Someone with significant resources has a bot playing the book like an instrument.  Earlier aminorex guessed that 95% of the book belonged to this entity.  Wouldn't surprise me.  I've been watching this market for over 2 years, and never seen such precise control as the last few weeks.  Maybe just better bots, I dunno.  Either massive accumulation, or the accumulation was done earlier, and now it's a divestment game.  I'm not finished accumulating, but I'd rather be forced to buy at higher levels than drag down much further.  It's damaging to jack it around so much.

[whap]

I think it was more of a letdown effect to new investors and users because they expected an official GUI wallet already and there was not.... I'm pretty sure once it arrives, all these people who sold out at any point in the past will really regret it, but that's just my .02 xmr

I see it's back on the upswing atm - 0.01558023 BTC

Agree. I've seen that sentiment as well, a lot of newcomers not trusting the devs as well, thinking XMR is simply a common P&D coin. So in the end, there shall be FOMO.

[explorer]

I think it was more of a letdown effect to new investors and users because they expected an official GUI wallet already and there was not.... I'm pretty sure once it arrives, all these people who sold out at any point in the past will really regret it, but that's just my .02 xmr

I see it's back on the upswing atm - 0.01558023 BTC

Agree. I've seen that sentiment as well, a lot of newcomers not trusting the devs as well, thinking XMR is simply a common P&D coin. So in the end, there shall be FOMO.

  In the end, in the beginning, in the middle - there's enough FOMO to go around 

[nanobrain]

Did you pull that trigger yet? How low can we go as chuck d says? 

Me? No not yet, although this doesn't seem like a bad spot

Agreed. The crazy part to me is that the depth chart never changes. Always way more buyers than sellers, yet constant dumping.

Do you think all the newbies who bought at the ATH are now dumping at a loss? This coin is awesome, it's the best rollercoaster ever, I feel like a bitcoiner did back in 2010-11 etc.

Someone with significant resources has a bot playing the book like an instrument.  Earlier aminorex guessed that 95% of the book belonged to this entity.  Wouldn't surprise me.  I've been watching this market for over 2 years, and never seen such precise control as the last few weeks.  Maybe just better bots, I dunno.  Either massive accumulation, or the accumulation was done earlier, and now it's a divestment game.  I'm not finished accumulating, but I'd rather be forced to buy at higher levels than drag down much further.  It's damaging to jack it around so much.

While I don't usually agree with "single actor" theories and whale worship, I have to admit this is now a very different and clearly manipulated market.  Like yourself I've watched the charts for years now and used to participate on at least weekly basis - it was so easy to make a little profit and TA was valid. 

Now it just seems to be a sequence of bull and bear traps constructed to accumulate moar coins.

I don't know if its damaging, its just appealing to a different kind of punter (the gambling day trader) at present; as you say 'someone with significant resources', so unless their intentions are hostile, you'd imagine they have the self-awareness to understand the impact of their actions and change those actions when required.

But that could be me projecting.

[shmadz]

I've been buying since 0188 and will continue.  There's about 150k XMR available cheap now.  That won't last long.  This is the biggest shake-out in history.  Since 1/2015 any how.

In other speculations, who do you think will be the next U.S. president, Kaine or Pence?

I'm still hopeful/delusional that the price will come back to me near the 130 level, so far it looks like I may have missed the bus,

In the speculators side show of the US election, my money is on trump, in a landslide.

Your point is taken however, pence will be like the chief of operations. Trump might be the face of the organization, but pence will be behind the wheel.

[CTTE]

 ... so unless their intentions are hostile, you'd imagine they have the self-awareness to understand the impact of their actions and change those actions when required.

But that could be me projecting.

Greed will cloud the judgement of many a good man! (or woman)

[nanobrain]

 ... so unless their intentions are hostile, you'd imagine they have the self-awareness to understand the impact of their actions and change those actions when required.

But that could be me projecting.

Greed will cloud the judgement of many a good man! (or woman)

Indeed. Wise words.

[Anon136]

Trump might be the face of the organization, but pence will be behind the wheel.

Yep. It's going to be the bush cheney administration all over again. Would you like neo-con a or neo-con b?

*edit* If these guys could even comprehend the existential threat monero represents to their power they would raining fire and brim stone upon us all. Good thing they wont realize it until it's too late.

[nanobrain]

Trump might be the face of the organization, but pence will be behind the wheel.

Yep. It's going to be the bush cheney administration all over again. Would you like neo-con a or neo-con b?

*edit* If these guys could even comprehend the existential threat monero represents to their power they would raining fire and brim stone upon us all. Good thing they wont realize it until it's too late.

Did anyone see the latest episode of Mr Robot?

The CEO of E-Corp says to the Head of the Fed Reserve something along the lines of "back e-coin, its ours...Bitcoin is owned by Chinese miners"....it was a startling bit of dialogue that probably went over the heads of most viewers.

[Hueristic]

Trump might be the face of the organization, but pence will be behind the wheel.

Yep. It's going to be the bush cheney administration all over again. Would you like neo-con a or neo-con b?

*edit* If these guys could even comprehend the existential threat monero represents to their power they would raining fire and brim stone upon us all. Good thing they wont realize it until it's too late.

Did anyone see the latest episode of Mr Robot?

The CEO of E-Corp says to the Head of the Fed Reserve something along the lines of "back e-coin, its ours...Bitcoin is owned by Chinese miners"....it was a startling bit of dialogue that probably went over the heads of most viewers.

Yeah I found that amusing. There's alot of good dialog in that series. I like the way the Fed accused him of trapping him and then he says your not even a worth a thought or something to that effect.

[nioc]

I've been buying since 0188 and will continue.  There's about 150k XMR available cheap now.  That won't last long.  This is the biggest shake-out in history.  Since 1/2015 any how.

In other speculations, who do you think will be the next U.S. president, Kaine or Pence?

I'm still hopeful/delusional that the price will come back to me near the 130 level, so far it looks like I may have missed the bus,

In the speculators side show of the US election, my money is on trump, in a landslide.

Your point is taken however, pence will be like the chief of operations. Trump might be the face of the organization, but pence will be behind the wheel.

I think you missed aminorex's point which is a rather disturbing possibility no matter what you think of the candidates. 

[nioc]

In other news:  Due to my uncontrollable love of boats I bought @ 0.015   If it gets to rpietilla's speculation of 0.01 that will feel like 0.001

[GingerAle]

Trump might be the face of the organization, but pence will be behind the wheel.

Yep. It's going to be the bush cheney administration all over again. Would you like neo-con a or neo-con b?

*edit* If these guys could even comprehend the existential threat monero represents to their power they would raining fire and brim stone upon us all. Good thing they wont realize it until it's too late.

Did anyone see the latest episode of Mr Robot?

The CEO of E-Corp says to the Head of the Fed Reserve something along the lines of "back e-coin, its ours...Bitcoin is owned by Chinese miners"....it was a startling bit of dialogue that probably went over the heads of most viewers.

Yeah. I guess you also caught the line "bitcoin's blocks are already full" ... which was an interesting fact shared between the fictional universe and our own. Also equally important was the line "E-coin means that we control the ledger", which is indicative of the fact that the writers actually understand some things, or at least their consultants do.

edited to add... and can we please not poison this glorious Monero speculation with the drivel of politics.

[coinism]

Trump might be the face of the organization, but pence will be behind the wheel.

Yep. It's going to be the bush cheney administration all over again. Would you like neo-con a or neo-con b?

*edit* If these guys could even comprehend the existential threat monero represents to their power they would raining fire and brim stone upon us all. Good thing they wont realize it until it's too late.

Did anyone see the latest episode of Mr Robot?

The CEO of E-Corp says to the Head of the Fed Reserve something along the lines of "back e-coin, its ours...Bitcoin is owned by Chinese miners"....it was a startling bit of dialogue that probably went over the heads of most viewers.

Yeah. I guess you also caught the line "bitcoin's blocks are already full" ... which was an interesting fact shared between the fictional universe and our own. Also equally important was the line "E-coin means that we control the ledger", which is indicative of the fact that the writers actually understand some things, or at least their consultants do.

edited to add... and can we please not poison this glorious Monero speculation with the drivel of politics.

Cheers for the tip! Just started S01 - great watch so far.

[pa]

In other news:  Due to my uncontrollable love of boats I bought @ 0.015   If it gets to rpietilla's speculation of 0.01 that will feel like 0.001

I think rpietila was being ironic about 0.01, but I'm no longer very confident in my ability to discern internet irony.