[XMR] Monero Speculation

[kurious]

Little bit of correction to 0.02956000 starting bout an hour ago, cutting right thru the 0.03100000. The support thats been tested 8 times without fail in the last 12 hours.

I plan on hodl firm - this looks like a whale shakeup to me so they can accumulate on the cheap - look at these buys - they arent even trying to hide it in bot-stagger

Price                   XMR                   BTC                    Sum(BTC)
...
0.02950000   2404.31038159   70.92715626   164.47463687
...
0.02940000   2008.59405915   59.05266534   249.89291563
...

Just buying back what they sold in the 30s as per Aminorex's post earlier...

[kurious]

(( I am dub-posting in here as this is the main XMR thread to me - I feel this info may be useful for those looking to mess around a little with the coming action ))

"Depositing period 2017.08.25 (Fri) 4:00 pm Payment address Open ~ 2017.08.28 (Mon) to 12:00 (Noon)"
That means the depositing period is ending Sunday 27th - 8PM Pacific - 11PM Eastern time for us on the other side of the pond. Take a look - the opening of the period coincides within 2 hours of the action we saw on the 25th, and since. It is well worth analyzing the parallels between volume, price, new floors, and the underlying reasons for these. As they say hindsight is 20/20.

"Trading period 2017.08.28 (Mon) Listing on Monero ~ 2017.08.31 (Thursday) Midnight"
I am assuming trading period starts immediately after the deposit period ends, which again would be Sunday 27th - 8PM Pacific - 11PM Eastern. However, if they really mean Monday at 00:00, that would be Sun 8AM PST - 11AM EST ie bout 9 hours from now.

The trading period ends Thursday for them. There is, strangely, a 1-day gap between then, and:

A 'Weekend Bingham Trading King' event this next weekend for them from Sat 00:00 to Sun 23:59 (don't forget to account for the -16 hours for PST / -13 hours for EST). It is from this event, if I understand correctly, that they will give out rewards for trading activity measured during, up to 100XMR (then worth $20K? 30K? more?). Expect said trading activity to be significant and perhaps insane - with this coming' Mondays' first round but mere foreplay.

I expect some weak-hand shaking by the whales as well, during the lulls (you can actually see one shakedown just a couple hours ago). Expect no mercy. Don't be fooled and sell at the dip only to watch them snatch everything back up on the cheap causing another spike! Be careful of these waves if you're going out there. I'll be playing around a little though

Anyways, hope this helps you guys. I've done some pretty heavy analysis on this and other trading frenzies by the koreans, and I am very optimistic to say the least and have hedged my bets accordingly. Try not to FOMO too hard once it starts! - make smart trades and don't let the emotions rule (but don't rule out that GUT either, Big Dog!)

Nice analysis.  Have hardly been able to take my eyes off the screen since the middle of last week. One more decent leg up would be sweet...

[krizniq]

(( I am dub-posting in here as this is the main XMR thread to me - I feel this info may be useful for those looking to mess around a little with the coming action ))

"Depositing period 2017.08.25 (Fri) 4:00 pm Payment address Open ~ 2017.08.28 (Mon) to 12:00 (Noon)"
That means the depositing period is ending Sunday 27th - 8PM Pacific - 11PM Eastern time for us on the other side of the pond. Take a look - the opening of the period coincides within 2 hours of the action we saw on the 25th, and since. It is well worth analyzing the parallels between volume, price, new floors, and the underlying reasons for these. As they say hindsight is 20/20.

"Trading period 2017.08.28 (Mon) Listing on Monero ~ 2017.08.31 (Thursday) Midnight"
I am assuming trading period starts immediately after the deposit period ends, which again would be Sunday 27th - 8PM Pacific - 11PM Eastern. However, if they really mean Monday at 00:00, that would be Sun 8AM PST - 11AM EST ie bout 9 hours from now.

The trading period ends Thursday for them. There is, strangely, a 1-day gap between then, and:

A 'Weekend Bingham Trading King' event this next weekend for them from Sat 00:00 to Sun 23:59 (don't forget to account for the -16 hours for PST / -13 hours for EST). It is from this event, if I understand correctly, that they will give out rewards for trading activity measured during, up to 100XMR (then worth $20K? 30K? more?). Expect said trading activity to be significant and perhaps insane - with this coming' Mondays' first round but mere foreplay.

I expect some weak-hand shaking by the whales as well, during the lulls (you can actually see one shakedown just a couple hours ago). Expect no mercy. Don't be fooled and sell at the dip only to watch them snatch everything back up on the cheap causing another spike! Be careful of these waves if you're going out there. I'll be playing around a little though

Anyways, hope this helps you guys. I've done some pretty heavy analysis on this and other trading frenzies by the koreans, and I am very optimistic to say the least and have hedged my bets accordingly. Try not to FOMO too hard once it starts! - make smart trades and don't let the emotions rule (but don't rule out that GUT either, Big Dog!)

Well its worth to say that listing on monday doesnt mean trading for everyone. Its for big traders and then at the end of the week open for everyone.
Expect some up/downs next couple of days as bithumb 100xmr prize is base on how many trades traders do, means they will be selling/buying like madmans

[MataKhobRazi]

Seems like there is a bull flag in xmr/btc

[dEBRUYNE]

Funding Required » Hire mathematician (and computational physicist) to join research team

https://forum.getmonero.org/7/open-tasks/87856/hire-mathematician-and-computational-physicist-to-join-research-team

https://www.reddit.com/r/Monero/comments/6w7f0q/monero_funding_required_hire_mathematician_and/

[krizniq]

[vince212]

haha hoping koreans will pump and not dump later

*crossed fingers*

[cryptimus prime]

haha hoping koreans will pump and not dump later

*crossed fingers*

I always say: For every sell there is a buy.
Many tried to outsmart the market with the ETH rise up to 400 and lost money, while simply hodling would have been easier and more profitable.

XMR over 200 USD would be a decent price.
After we have now broken some barriers, the XMR price and the popularity will never be the same again, but trending higher.

[TheKubizz]

I get rid off some in last pump, now holding an waiting for at least 150$ mark, and hopefully 200$ mark in near future. Lets go Monero! Koreans will definitely pump it today, so be aware and be ready to sell some. Remember better to sell on peak and re-buy when it dumps again.

[vince212]

I get rid off some in last pump, now holding an waiting for at least 150$ mark, and hopefully 200$ mark in near future. Lets go Monero! Koreans will definitely pump it today, so be aware and be ready to sell some. Remember better to sell on peak and re-buy when it dumps again.

problem is it is hard to sell at peak and buy at the dump

[Dr.D]

Hi,

Do you think it can reach 140+$ today ?

[silverston]

Hi,

Do you think it can reach 140+$ today ?

Hi, judging by the schedule, it can cost more than $ 200 today) but I think its real price is about $ 150 next week

[Dr.D]

Great ! Thanks ! I will buy 10 for test.

[vince212]

Hi,

Do you think it can reach 140+$ today ?

hate to tell it to you but no one can predict the markets.

but 140 is possible since -10% and +10% can happen within hours in cryptoworld
just make sure to check from time to time so you can sell when you hit your target profit or sell if you think it is going further down

[MoneyIsDebt]

Hi,

Do you think it can reach 140+$ today ?

Hi, judging by the schedule, it can cost more than $ 200 today) but I think its real price is about $ 150 next week

yeah exactly monero is showing a great and promising future a head i have brought some of the coins when its price is almost $30 and now it has reached a milestone in last 3 to 4 month and i hope that it will rise a much more in the future. monero is the coin which is likely to be $200 at the end of this year and the year in the great for it.

[vaccin]

I think during these times, the best strategy is to hold.
If it were to look back at history, time tells it will be a dump.
However, xmr was way undervalued, so this could be a special case of pure skyrocketing and traders and shorters will get awesomely rekt.

[Hueristic]

I think during these times, the best strategy is to hold.
If it were to look back at history, time tells it will be a dump.
However, xmr was way undervalued, so this could be a special case of pure skyrocketing and traders and shorters will get awesomely rekt.

Yup, it's truley gambling right now to play this market and I'm a gambler but I don't like the odds of selling and watching the spike you missed. Been there done that and it hurts.

[ultegra]

I think during these times, the best strategy is to hold.
If it were to look back at history, time tells it will be a dump.
However, xmr was way undervalued, so this could be a special case of pure skyrocketing and traders and shorters will get awesomely rekt.

Yup, it's truley gambling right now to play this market and I'm a gambler but I don't like the odds of selling and watching the spike you missed. Been there done that and it hurts.

Past experience has taught us there is usually always a big dump after such a rapid increase in price. But i for one, am far too emotionally attached to monero to risk trading anymore, i now only look long term. Many times i have regretted not selling some after a rise in order to buy more back cheaper, but every single time monero has gone on to reach higher highs in the long term. I think if you are not in desperate need of funds then just sit tight. I always sleep well holding monero even when the price is falling as the technology remains a game changer.

[kurious]

Well, it is after midnight and already Monday in SK now...

And no sign of it on Bithumb yet. Still advert on the front page about the '2 Monero events' but I can't see anything else.

[krizniq]

u should visit reddit, there is plenty info from native koreans .... what and when