[XMR] Monero Speculation

[Genesis1337]

Wow...good buying time right now

always a good time :p

[Kelvinid]

Wow...good buying time right now

The price has been consolidating for some time. So it might be a good time to buy some.

[kurious]

Wow...good buying time right now

The price has been consolidating for some time. So it might be a good time to buy some.

It was around the 0.017 mark...  Picked up again now, so hope you loaded up

[cAPSLOCK]

No doubt our volume is LEET.  But seriously... why is it so low and so many absolute garbage coins are trading 5x for so long?

[rpietila]

why is it so low

Because every person has at least one character trait that gives them permission to report incorrect numbers in some situation, even I do.

"Trust No One"

[cAPSLOCK]

why is it so low

Because every person has at least one character trait that gives them permission to report incorrect numbers in some situation, even I do.

"Trust No One"

So you think Poloniex is misreporting the volume?

[Febo]

No doubt our volume is LEET.  But seriously... why is it so low and so many absolute garbage coins are trading 5x for so long?

A year ago having $1.5 million daily volume on Poloniex was totally decent. Now yes there is way more traders and money on Poloniex. Also now Kraken and Bitfinex volume combine almost match Poloniex volume. So some that traded on Poloniex now moved.  But no matter what I said, we should see $5 million daily  volumes on Poloniex.

[aminorex]

No doubt our volume is LEET.  But seriously... why is it so low and so many absolute garbage coins are trading 5x for so long?

A year ago having $1.5 million daily volume on Poloniex was totally decent. Now yes there is way more traders and money on Poloniex. Also now Kraken and Bitfinex volume combine almost match Poloniex volume. So some that traded on Poloniex now moved.  But no matter what I said, we should see $5 million daily  volumes on Poloniex.

If price discovery is efficient, the volume is lower, but spreads are tighter, so liquidity is better.  I think cross-exchange arbitrage is about as good as it can get at these prices.  Xmr has far, far better liquidity in the 2-3e8 cap range than BTC did at that stage, in part because of crosses and futures.  Yeah, it sucks for vol trading, but it is very good for transactional uses.  Xmr is proving itself a workhorse now, after previously demonstrating it's racehorse potential.  When will it level up again?  Probably when you least expect it.  Seriously.

[megadeth]

Gmax posting a fabulous defense on hackernews on the Zcash funded academic FUD:
https://news.ycombinator.com/item?id=14136022

Guess which BTC core dev loves XMR the most?

[malekbaba]

I am a miner likely guy. Is XMR a good coin for tiny daily trader ? What if I have 0.15BTC and I want to trade in on daily basis, would xmr a great choice for me ?

[explorer]

15k XMR  -  biggest buy wall I've seen on polo in some time.  Support otherwise pretty slim, though few seem willing to sell under 0.017 in any case.  Indeed, why would you?

hah.  just a flasher.

[Kotone]

Should i sell my monero right now and then wait for it to be dump to buy and stack in again? What do you think guys im thinking that deep to sell or to stack another coin for the future.

Never base your trading on the advice of the trolls who are speaking into their own book.
You need to decide yourself what to do and take full responsibility of the outcomes of your decisions.

I see thank you for that advice i will find my way own to know more about this altcoins and stand on my own decisions where i will not follow my guts also it is my fully responsibility because it is my money that will be risk im just reading some of comments here.

[KeyJockey]

Gmax posting a fabulous defense on hackernews on the Zcash funded academic FUD:
https://news.ycombinator.com/item?id=14136022

Guess which BTC core dev loves XMR the most?

Greg Maxwell going to bat for Monero is leaving me feeling here, how shall I put it?  "Profoundly ambivalent" perhaps... LOL

On the one hand we owe him for Confidential Transactions of course.

And anyone with technical skill is clearly welcome to HELP Monero of course, again: the project has and should retain this great openness that's helped it grow so strong so far!

But... but but but, on the other hand... aaaaahh (<--- Sam Kinison scream) it's GregFukkinMaxwell.  Aaaaahh...    

[BitcoinNewsMagazine]

Name a coin that is more private than Monero when used properly.

[KeyJockey]

HAPPY BIRTHDAY MONERO!!!

It's 6pm here and can't believe nobody else said something earlier today, LOL... I just posted this on the Reddit page :

https://www.reddit.com/r/Monero/comments/6660wi/wow_nobody_said_it_yet_happy_birthday_monero/ 

 

[adolf512]

Name a coin that is more private than Monero when used properly.

zcash

It's funny how a scamcoin just passed xmr in marketcap, xmr should go down big eventually but i will not do any stupid shorts.

[nanobrain]

Name a coin that is more private than Monero when used properly.

zcash

It's funny how a scamcoin just passed xmr in marketcap, xmr should go down big eventually but i will not do any stupid shorts.

Gosh, I'd 'forgotted' all about Adolf.

...but now I remember, another troll.

I imagine you look stupid whether you are in shorts or when you graduate to trousers, Adolf.

[c789]

Another great time to buy.

It feels a little wrong saying this, but, "Thank you, Z." 

[Globb0]

I wish it looked better but

[starmman]

I wish it looked better but

If you are right, then at least its a nice time to fill some buy orders before the next push...