[XMR] Monero Speculation

[Millionero]

Ahhhhh..... shit.... don't tell me.... again?

Here comes the retrace....



shitshitshit c'mon HoneyPony just this once can ya hold on to the little spike for us?  Just stick to $40 mm-kay?  Can ya?

LOL

You just need to submit limit orders in advance, so that when the spike hits your orders will execute and you'll get the profit automatically.  You need to stay on it to make sure the orders are always at least a certain minimum percentage away from spot.  Because the moves that retrace are the sudden ones.
For example when the exchange rate was .016, you could have put a sell order at 10% above spot or .0176.  In this case it would have executed.  Of course, there would be no way to know at the time that that was going to happen.  So if instead the price had gradually increased to say .017, then it would have been time to cancel the .0176 sell and submit a .0187 sell.
Try it.  Submit sell and buy limit orders at 10% above and below spot.  But stay on top of it, because you will probably have to change those orders to stay at least 10% away from spot.  In fact you might want to put in orders at say 15% or even 20% above and below, and change them when the price gets within ten percent of your limit orders.

[neilol-real]

XMR Highest volume coin on Polo. Not sure that has been the case for weeks. Rising on strong volume can't be a bad thing, Time for irrational buyers to enter?

EDIT: Nevermind must have been an issue with my browser~ NOT The highest volume by a long shot - but highest volume in weeks for sure for XMR

[aminorex]

XMR Highest volume coin on Polo. Not sure that has been the case for weeks. Rising on strong volume can't be a bad thing, Time for irrational buyers to enter?

In xmr, FOMO is never irrational, just (at worst) premature.

[TrueCryptonaire]

is all the money that went to altcoins going back to bitcoin? Massive dump incoming? Will monero resist? Make your bets

I expect a huge dump, xmr could surprise(greater fools buying a coin with obsolete tech), i expect below 0.01 again unless btc fails hard due to the scalability issue.

I do not usually agree with you but I think you got this pretty well.
Right now I think Monero is severaly overpriced and hyped coin with a lot of downside risk but limited upside potential.

[sui_generis]

is all the money that went to altcoins going back to bitcoin? Massive dump incoming? Will monero resist? Make your bets

I expect a huge dump, xmr could surprise(greater fools buying a coin with obsolete tech), i expect below 0.01 again unless btc fails hard due to the scalability issue.

I do not usually agree with you but I think you got this pretty well.
Right now I think Monero is severaly overpriced and hyped coin with a lot of downside risk but limited upside potential.

Just accept that you missed the boat. Now go away, troll.

[dranster]

is all the money that went to altcoins going back to bitcoin? Massive dump incoming? Will monero resist? Make your bets

I expect a huge dump, xmr could surprise(greater fools buying a coin with obsolete tech), i expect below 0.01 again unless btc fails hard due to the scalability issue.

I do not usually agree with you but I think you got this pretty well.
Right now I think Monero is severaly overpriced and hyped coin with a lot of downside risk but limited upside potential.

lmao ure such a noob

How on Earth is XMR overvalued

Every shitcoin is worth more than XMR and barely of any inherent value

ZEC at 250, ETH at 180, DASH at 130, GNO at 230 and so many other shitcoins

XMR at 35 bucks is like heaven, Monero will pump to 100-200 dollars this year

Better get some noob  

[Billy Bunter]

So I know this subject has been done to death, most of you are probably tired of discussing it, but even so...why has Monero missed out on these big pumps? I get that the pumps are irrational. I understand that there's a lot to be said for a currency that's stable and so on. I realize that sharp increases in prices are not healthy for the long term ecosystem.

All that said, the majority of traders on Polo et al, wouldn't know fungibility from a hole in the ground, much less care. So, given that they're willing to buy anything with a pulse, why not Monero? Why hasn't this madness pumped our currency? It seems more than odd. It seems...deliberate.

I'm beginning to think that there are entities who, either out of fear, spite, or revenge, are deliberately keeping our price down. And honestly, I'm usually not the sort of person given to conspiracy theories.

I won't name names, but dash it all, isn't this the most likely reason?

[TrueCryptonaire]

is all the money that went to altcoins going back to bitcoin? Massive dump incoming? Will monero resist? Make your bets

I expect a huge dump, xmr could surprise(greater fools buying a coin with obsolete tech), i expect below 0.01 again unless btc fails hard due to the scalability issue.

I do not usually agree with you but I think you got this pretty well.
Right now I think Monero is severaly overpriced and hyped coin with a lot of downside risk but limited upside potential.

Just accept that you missed the boat. Now go away, troll.

I still happen to have some Moneros to unload on you guys if you choose to pump it high now.
I think sub 0.01 is the next major price event in Monerosphere.
Personally I do not recommend anyone buying Moneros at these prices and wait for bargains.

[TrueCryptonaire]

is all the money that went to altcoins going back to bitcoin? Massive dump incoming? Will monero resist? Make your bets

I expect a huge dump, xmr could surprise(greater fools buying a coin with obsolete tech), i expect below 0.01 again unless btc fails hard due to the scalability issue.

I do not usually agree with you but I think you got this pretty well.
Right now I think Monero is severaly overpriced and hyped coin with a lot of downside risk but limited upside potential.

lmao ure such a noob

How on Earth is XMR overvalued

Every shitcoin is worth more than XMR and barely of any inherent value

ZEC at 250, ETH at 180, DASH at 130, GNO at 230 and so many other shitcoins

XMR at 35 bucks is like heaven, Monero will pump to 100-200 dollars this year

Better get some noob  

Alts are in a bubble - including XMR. Bear in mind, I sold already a nice part of my stash over 0.02 btc but I am not even considering buying anything at current prices despite it would be profitable.

Monero is lacking the most important thing which is marketing and hype. Therefore it cannot find new people adapting it and eventually the price will start declining as the old guys are starting to feel how hard it is to carry a heavy bag.

[sui_generis]

I still happen to have some Moneros to unload on you guys if you choose to pump it high now.
I think sub 0.01 is the next major price event in Monerosphere.
Personally I do not recommend anyone buying Moneros at these prices and wait for bargains.

Personally, I would advise people not to listen to anything that TC has to say. He talks his book, that's all. Not a single word of substance has ever left his mouth. I've watched this guy flip between saying XMR is great to saying that XMR is a piece of shit about 10 times. It's like clockwork. A month from now he'll be telling us that XMR will  soon overtake BTC.

[Febo]

So I know this subject has been done to death, most of you are probably tired of discussing it, but even so...why has Monero missed out on these big pumps?

Monero is not the only coin that did not raise x10 times in last 3 months. Basically only some did. The ones that are most speculatiove.

[aminorex]

Give the duck some respect: he will look you straight in the eye and tell you he's lying.  That deserves a modicum.

[smoothie]

is all the money that went to altcoins going back to bitcoin? Massive dump incoming? Will monero resist? Make your bets

I expect a huge dump, xmr could surprise(greater fools buying a coin with obsolete tech), i expect below 0.01 again unless btc fails hard due to the scalability issue.

I do not usually agree with you but I think you got this pretty well.
Right now I think Monero is severaly overpriced and hyped coin with a lot of downside risk but limited upside potential.

lmao ure such a noob

How on Earth is XMR overvalued

Every shitcoin is worth more than XMR and barely of any inherent value

ZEC at 250, ETH at 180, DASH at 130, GNO at 230 and so many other shitcoins

XMR at 35 bucks is like heaven, Monero will pump to 100-200 dollars this year

Better get some noob  

Alts are in a bubble - including XMR. Bear in mind, I sold already a nice part of my stash over 0.02 btc but I am not even considering buying anything at current prices despite it would be profitable.

Monero is lacking the most important thing which is marketing and hype. Therefore it cannot find new people adapting it and eventually the price will start declining as the old guys are starting to feel how hard it is to carry a heavy bag.

Are you quacking your book?

[TrueCryptonaire]

Geez you guys live in denial....  

If a person is not circle jerking, he must be speaking to his own book...

[smoothie]

Geez you guys live in denial....  

If a person is not circle jerking, he must be speaking to his own book...

Your post history speaks for itself. Take a look in the mirror first.

[sui_generis]

Geez you guys live in denial....  

If a person is not circle jerking, he must be speaking to his own book...

I know that you're talking your book, because I've seen you go through 10 such cycles. You're not fooling anyone.

[Billy Bunter]

So I know this subject has been done to death, most of you are probably tired of discussing it, but even so...why has Monero missed out on these big pumps?

Monero is not the only coin that did not raise x10 times in last 3 months. Basically only some did. The ones that are most speculatiove.

Doesn't that still beg the question, though? And again, is there anyone on Polo who cares? They all simply follow the green candles - I doubt they know anything about the (supposed/imaginary) individual merits of these coins. Monero could be as shitty as any other coin and why wouldn't care, as long as it went up.

[TrueCryptonaire]

Geez you guys live in denial....  

If a person is not circle jerking, he must be speaking to his own book...

I know that you're talking your book, because I've seen you go through 10 such cycles. You're not fooling anyone.

Yes basically I am here to rake coins from you guys.
And I do not need to buy Moneros if the price is too high, and I advise also others to pospone their purchasing to later times. It is not only me that gets the opportunity to buy coins below 0.01 but also other guys. Isn't it better to buy low rather than high?

[ozkraut]

Geez you guys live in denial....  

If a person is not circle jerking, he must be speaking to his own book...

I know that you're talking your book, because I've seen you go through 10 such cycles. You're not fooling anyone.

Yes basically I am here to rake coins from you guys.
And I do not need to buy Moneros if the price is too high, and I advise also others to pospone their purchasing to later times. It is not only me that gets the opportunity to buy coins below 0.01 but also other guys. Isn't it better to buy low rather than high?

'I accept Pepe Cash' lol. Deep stuff

[CTTE]

 I won't quote the Troll... but, I think someone is holding a short position right now!

Also, it's hard to beat up XMR over it's tech because it's top notch so, one way to do it is to pump every crap/near dead coin possible, make a bunch of money and then say that "Monero sucks, just look at the market cap!"

I mean, BCN was dead until we told them to fix their code, someone even was successful hacking it, and yet somebody still pumped that to high heaven and I'm sure they made a good buck on this crap!