[XMR] Monero Speculation

[bbc.reporter]

This is an amazing occurrence in Poloniex. Before it was litecoin that followed bitcoin going up beyond ATH. An observant person could now see that Monero is the real silver to bitcoin's gold. A 50 dollar XMR could happen at the first half of next year.

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[Hueristic]

...

Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.

Not really, try reading the links those that trade drop in here and watch the market. Nothing beats years of watching it.

[cAPSLOCK]

LOL, Suppression is really trying to hold 0.01370000

137 down from 100btc to 10.

for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.

resistance shattered maybe he got his full?

 24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR

Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.

Read it carefully a couple more times.

Everything he is saying is petty clear if you stop and digest each word.

Petty sure at least one player is done now anyway..

[LennyCarl]

LOL, Suppression is really trying to hold 0.01370000

137 down from 100btc to 10.

for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.

resistance shattered maybe he got his full?

 24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR

Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.

Read it carefully a couple more times.

Everything he is saying is petty clear if you stop and digest each word.

Petty sure at least one player is done now anyway..

"137 down from 100 btc to 10"
Does this mean that a whale pretended to want to sell 100 btc worth (a wall's worth) of XMR (in effect suppressing price down to 0.0137) but then changed his mind (or wall/resistance got bought up(?)). The implication is that with a big offer of selling at 0.0137, other weaker hands will sell just above this point, right into the whales hands?

Then the fact that the price dropped below this point means the whale definitely filled his buy needs but is technically slightly down in value (for the moment because he thinks demand will go up from there...whales are usually smart?)

"A whale dumping into his own bids"
This is the weird one. So a true whale can drive price down to this 100 btc sell wall (0.0137) ?  I guess so since the market cap can easily be influenced by tens of btc's. Seems too easy...

Which brings up a buy wall? Is this where a "whale" puts up a big buy price lower than the current market price to implicate a stronger demand at that lower price?

The volume ratio is showing the relative trading activity, with XMR much higher than usual?

[ozkraut]

LOL, Suppression is really trying to hold 0.01370000

137 down from 100btc to 10.

for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.

resistance shattered maybe he got his full?

 24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR

Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.

Read it carefully a couple more times.

Everything he is saying is petty clear if you stop and digest each word.

Petty sure at least one player is done now anyway..

"137 down from 100 btc to 10"
Does this mean that a whale pretended to want to sell 100 btc worth (a wall's worth) of XMR (in effect suppressing price down to 0.0137) but then changed his mind (or wall/resistance got bought up(?)). The implication is that with a big offer of selling at 0.0137, other weaker hands will sell just above this point, right into the whales hands?

Then the fact that the price dropped below this point means the whale definitely filled his buy needs but is technically slightly down in value (for the moment because he thinks demand will go up from there...whales are usually smart?)

"A whale dumping into his own bids"
This is the weird one. So a true whale can drive price down to this 100 btc sell wall (0.0137) ?  I guess so since the market cap can easily be influenced by tens of btc's. Seems too easy...

Which brings up a buy wall? Is this where a "whale" puts up a big buy price lower than the current market price to implicate a stronger demand at that lower price?

The volume ratio is showing the relative trading activity, with XMR much higher than usual?

Its mainly a psychological game imo. So the whale, manipulator, whatever you want to call him/her sets certain boundaries which the impatient act on depending on fear/greed ratio set. That has probably the most important lesson for me: buy quality preferably in the red (due diligence: ensure no unfolding negative dramas etc/eth) and just be patient. Watch the games and hold your horses. Do not be rattled. All TA in the world is bs if someone with a certain gravity wants to play. Its like mini Soros's floating about playing journey to Jerusalem with the emotional trader.
Other than that: you found XMR and current prices will look dirt cheap soon (tm). NB: The usual disclaimers.

[LennyCarl]

LOL, Suppression is really trying to hold 0.01370000

137 down from 100btc to 10.

for you noobs this is a common shakeout accumulation technique where a whale is dumping into his own bids to keep bid side down while tryinhe he g to hold a sell wall and accumulate everything that weak hands throw below that wall.

resistance shattered maybe he got his full?

 24hr Volume:
10082.01813790 BTC / 807685.86229093 XMR

Can you dumb down your posts a tad for us noobie morons, please. Serious. Probably some good intel you're sharing.

Read it carefully a couple more times.

Everything he is saying is petty clear if you stop and digest each word.

Petty sure at least one player is done now anyway..

"137 down from 100 btc to 10"
Does this mean that a whale pretended to want to sell 100 btc worth (a wall's worth) of XMR (in effect suppressing price down to 0.0137) but then changed his mind (or wall/resistance got bought up(?)). The implication is that with a big offer of selling at 0.0137, other weaker hands will sell just above this point, right into the whales hands?

Then the fact that the price dropped below this point means the whale definitely filled his buy needs but is technically slightly down in value (for the moment because he thinks demand will go up from there...whales are usually smart?)

"A whale dumping into his own bids"
This is the weird one. So a true whale can drive price down to this 100 btc sell wall (0.0137) ?  I guess so since the market cap can easily be influenced by tens of btc's. Seems too easy...

Which brings up a buy wall? Is this where a "whale" puts up a big buy price lower than the current market price to implicate a stronger demand at that lower price?

The volume ratio is showing the relative trading activity, with XMR much higher than usual?

Its mainly a psychological game imo. So the whale, manipulator, whatever you want to call him/her sets certain boundaries which the impatient act on depending on fear/greed ratio set. That has probably the most important lesson for me: buy quality preferably in the red (due diligence: ensure no unfolding negative dramas etc/eth) and just be patient. Watch the games and hold your horses. Do not be rattled. All TA in the world is bs if someone with a certain gravity wants to play. Its like mini Soros's floating about playing journey to Jerusalem with the emotional trader.
Other than that: you found XMR and current prices will look dirt cheap soon (tm). NB: The usual disclaimers.

Thanks a lot for putting it so succinctly! It is what I was thinking (but condensed much clearer... I love the phrase "boundaries which the impatient act on depending on fear/greed ratio") but I just wanted a little more of a glimpse into the technicals that get mentioned (ever so cryptically) in this thread. (Just so it makes it seems more like I'm working for this income, sort of...LOL)

[SolarStorm]

Its mainly a psychological game imo. So the whale, manipulator, whatever you want to call him/her sets certain boundaries which the impatient act on depending on fear/greed ratio set. That has probably the most important lesson for me: buy quality preferably in the red (due diligence: ensure no unfolding negative dramas etc/eth) and just be patient. Watch the games and hold your horses. Do not be rattled. All TA in the world is bs if someone with a certain gravity wants to play. Its like mini Soros's floating about playing journey to Jerusalem with the emotional trader.
Other than that: you found XMR and current prices will look dirt cheap soon (tm). NB: The usual disclaimers.

Thanks a lot for putting it so succinctly! It is what I was thinking (but condensed much clearer... I love the phrase "boundaries which the impatient act on depending on fear/greed ratio") but I just wanted a little more of a glimpse into the technicals that get mentioned (ever so cryptically) in this thread. (Just so it makes it seems more like I'm working for this income, sort of...LOL)

Just imagine the opposition in trading as a bunch of goons in a shady office, planning on a whiteboard how to take over the whole market.  They plan like 'if we pump coin X now and troll a little in thread of coin Y and then we dump coin Z, all these muppets will be confused and we take off with the diamonds'.

Nothing is real, except the force, luke, the force of the fundamentals.

[sandiman]

I have to admit that I stopped reading this topic since ATH, those old conversation from where it was easy to learn stuff now disappeared in a flood of low level speculation, that needs to be filtered before getting to actual valuable data.

XMR is looking very good, cheers to the old guys that waited so long for that moment, hope it's the beginning of a long ride.

[Dotto]

Welcome to the XMR festival

[megadeth]

XMR having a secular rally nestled within a BTC rally, who'd have thought?

[kurious]

Volume is amazing - watching B'wisdom and it's been a million bucks in the past 30 minutes.

Pure price porn.

BTC AND XMR rallying simultaneously is just the best Christmas present

[CryptoPH]

Volume is amazing - watching B'wisdom and it's been a million bucks in the past 30 minutes.

Pure price porn.

BTC AND XMR rallying simultaneously is just the best Christmas present

Indeed, XMR rally is one of the best Christmas gift ever!

[bitwolf]

I love Xmas but I adore Xmras

[Dotto]

So near to rape ripple and ltc marketcaps =D

[BitcoinNewsMagazine]

50% retrace is .0161 expect resistance

[Febo]

So near to rape ripple and ltc marketcaps =D

We seems to hit highest market cap. over $190m. I dont think it was higher in September.


I am wrong on 3rd September Market cap should be close to 200 millions with price at $15.5 for each Monero.

I am not sure if we peaked today over $200m. If we did not we sure might.

I think we had $199m like 90 minutes ago with $14.5 price

[rinus]

hey guys,

my wallet is nearly finished with syncing and about 2 hours ago i sent 1 xmr to my wallet from poloniex. still not received ... how long should it take?

[sandiman]

extremely strong point of supply around 0.0187

May correct a bit, this should take at least few days before we clear it if we do. If we do that quicker, this is a huge sign that bulls are clearly stronger than bears.

[TrueCryptonaire]

extremely strong point of supply around 0.0187

May correct a bit, this should take at least few days before we clear it if we do. If we do that quicker, this is a huge sign that bulls are clearly stronger than bears.

Why? Is there some kind of sell wall waiting?

[Blazed]

Epic pump for Monero...I hope you guys are taking some profits on the way up! I wish I had bought back in