[XMR] Monero Speculation

[TrueCryptonaire]

Nice price action - someone wants a lot of XMR....

 

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers.   It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

[kurious]

Nice price action - someone wants a lot of XMR....

 

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers.   It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side.  Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise.  Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that?   I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge.  Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017.  What I did not think was we would end this year at this level - I am a happy Hodler*.



*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

[koryu]

seems like xmr is the best performing crypto this year congratz to all holders and happy new year 2017

I think we will find a new fair value for monero once this revaluation is over and i expect it to be above 15$

[phoenix rises]

Nice price action - someone wants a lot of XMR....

 

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers.   It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side.  Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise.  Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that?   I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge.  Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017.  What I did not think was we would end this year at this level - I am a happy Hodler*.

*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)

just a little bit of probing before the next move ... 

[alichang]

The train is already gone...

[kurious]

Nice price action - someone wants a lot of XMR....

 

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers.   It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side.  Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise.  Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that?   I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge.  Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017.  What I did not think was we would end this year at this level - I am a happy Hodler*.

*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)

just a little bit of probing before the next move ... 

A pleasing analysis.

Happy New Year, Sir

[TrueCryptonaire]

Nice price action - someone wants a lot of XMR....

 

I can't blame him/her.

I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.

Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers.   It also means it's worth day trading and market making.

Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.

I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.

There weren't many on the sell side.  Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise.  Selling back may have upped the income from the move - hard to say of course, but it's possible.

As for making Monero great for us - why would anyone do that?   I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.

Ending the year at this kind of level (comfortably over $10) is huge.  Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017.  What I did not think was we would end this year at this level - I am a happy Hodler*.

*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did

I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)

just a little bit of probing before the next move ... 

I love your nick.
Monero is the Phoenix that rises from the ashes.
I hope there will be some fresh green candles and high level of liquidity so that even the bitcoin maximalists dare to invest into Monero.
I am thinking I could be a market maker when the price is high enough for me. Now to make markets is a risky business since the cost might be the loss of your coins unless you have a lot of coins (which I do not have).

[phoenix rises]

The train is already gone...

Yup, time for another shot at .015

@ kurious + TC ... thanks, and may 2017 be a prosperous year for us all  

And yeh, my nick is more of a prediction than a name lol

[medusa13]

yeah sure people trade into their own orders to "test the waters"   

and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"



happy new year guys, lets pop some barolos tonight

[phoenix rises]

yeah sure people trade into their own orders to "test the waters"  

and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"



happy new year guys, lets pop some barolos tonight

Yup, they do. Always have and always will. Part of The Great Game. Obviously if they are all your own orders it achieves nothing lol (or maybe just sthg different ....) and I was not implying that  

Happy new year to you too  

[TrueCryptonaire]

We will see if we get some Monero denominated fireworks this secular New Year's eve.  I prefer Green Fireworks to Red Fireworks.

[medusa13]

yeah sure people trade into their own orders to "test the waters"   

and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"



happy new year guys, lets pop some barolos tonight

Yup, they do. Always have and always will. Part of The Great Game. Obviously if they are all your own orders it achieves nothing lol (or maybe just sthg different ....) and I was not implying that 

Happy new year to you too 

"part of the great game" 

please tell me more about it 

its more easy if you tell me at monero-markets,otherwise smooth will have to use that ugly color red again

[phoenix rises]

yeah sure people trade into their own orders to "test the waters"  

and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"



happy new year guys, lets pop some barolos tonight

Yup, they do. Always have and always will. Part of The Great Game. Obviously if they are all your own orders it achieves nothing lol (or maybe just sthg different ....) and I was not implying that  

Happy new year to you too  

"part of the great game"  

please tell me more about it  

its more easy if you tell me at monero-markets,otherwise smooth will have to use that ugly color red again

Not interested in your trolling. Careful not to add too much salt to your Barolo 

[Hueristic]

The daemon communicates with the network.

The command line wallet does interact with the daemon but it has it's own commands, does not invoke commands on the daemon.

Both of these are standalone applications.

A wrapper would be an abstraction of some sort that invokes the commands on a parent application through a secondary interface.

Thank you this is a proper explanation. So would the (official GUI/CLI) interface be more correctly described as middleware?

The train is already gone...

Only for those that think of the train going to the next station, we prefer to think of it as going to the end of the line.

I like the fact people are thinking in terms of XMR/USD now.

I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)

just a little bit of probing before the next move ...  

Very astute observation, I concur. Although I think I would replace "person" with entity (IE organization).

[medusa13]

yes very astute  

so how is this done, technically ? how can you sell into your own orders?
im really interested please explain to me, since you guys seems to know the great game so well (lmao)

also i never use salt, rat poison looks nearly the same but is highly efficient. seems some of you even snorted that stuff, how else to explain their "market analysis"

but as i said i cant troll here too much i dont want to stress smooths nerves.

[KeyJockey]

xmr is not the only option in town
there is another underpriced privacy coin out there that has yet to get the bright lights directed on it and will this month (jan)...
 

Missed this post a few pages back... but LOL c'mon man don't tease, let us know what other coin you're talking about here?

What could be better than our best good old HoneyPony's prospects at this current point in time?? 

Inquiring Minds Want To Know...!!! 

[Hueristic]

xmr is not the only option in town
there is another underpriced privacy coin out there that has yet to get the bright lights directed on it and will this month (jan)...
 

Missed this post a few pages back... but LOL c'mon man don't tease, let us know what other coin you're talking about here?

What could be better than our best good old HoneyPony's prospects at this current point in time?? 

Inquiring Minds Want To Know...!!! 

I think he's shilling some scam clone of shadowtrash.

[starmman]

Price of XMR has been looking good over the last few days - I wouldn't be suprised if XMR became no2 or no3 on CMC by this time next year - Lets see where 2017 takes XMR =D

[rangedriver]

Resistance at the 0.004-0.005 level may well be inevitable, but the speed and ferocity at which it is finally broken shouldn't be of any objective surprise. Thus, I wouldn't be surprised if we were toying with 0.0160 by years end.

Well... what's a couple of satoshi between friends? 

Happy New Year everyone. Here's looking forward to 2017.

[starmman]

Resistance at the 0.004-0.005 level may well be inevitable, but the speed and ferocity at which it is finally broken shouldn't be of any objective surprise. Thus, I wouldn't be surprised if we were toying with 0.0160 by years end.

Well... what's a couple of satoshi between friends? 

Happy New Year everyone. Here's looking forward to 2017.

Haha, great prediction - close enough in my opinion =D