[XMR] Monero Speculation

[Febo]

Moneran's shouldn't forget the great Mintpal pump of 2014, which resulted in an ATH that wasn't broken for two years.

The important point though is that the price record was reached before trading began at Mintpal. Perhaps this time is different?

For me it does not really matter if we hit this week ATH yet or not. As some say volume on bithumb was today $200 millions, what is more then on all other exchanges combine.   This is what Monero was lacking in last few months compared to other top10 coins.   Now will be easily in top10 volumes and more on radar of traders.  This was huge step for Monero. I had no ideas a week ago it is so important.
With things planed for Monero I am sure price will be way higher at end of the year as it is now.

[1714077857]

1714077857

[wojak]

Moneran's shouldn't forget the great Mintpal pump of 2014, which resulted in an ATH that wasn't broken for two years.

The important point though is that the price record was reached before trading began at Mintpal. Perhaps this time is different?

For me it does not really matter if we hit this week ATH yet or not. As some say volume on bithumb was today $200 millions, what is more then on all other exchanges combine.   This is what Monero was lacking in last few months compared to other top10 coins.   Now will be easily in top10 volumes and more on radar of traders.  This was huge step for Monero. I had no ideas a week ago it is so important.
With things planed for Monero I am sure price will be way higher at end of the year as it is now.

Additionally - for some reason coinmarketcap do not yet included bithumb in data.

[silverston]

haha damn it made 200 but tried trading and lost a 100.

every time i try to trade, i lose.

back to hodling -_-

I know that feel, holding is the key.

I agree with you, but there are times when it's better not to hold, but sell and buy again, but this requires a lot of experience

[explorer]

Moneran's shouldn't forget the great Mintpal pump of 2014, which resulted in an ATH that wasn't broken for two years.

The important point though is that the price record was reached before trading began at Mintpal. Perhaps this time is different?

For me it does not really matter if we hit this week ATH yet or not. As some say volume on bithumb was today $200 millions, what is more then on all other exchanges combine.   This is what Monero was lacking in last few months compared to other top10 coins.   Now will be easily in top10 volumes and more on radar of traders.  This was huge step for Monero. I had no ideas a week ago it is so important.
With things planed for Monero I am sure price will be way higher at end of the year as it is now.

Additionally - for some reason coinmarketcap do not yet included bithumb in data.

Ridiculous!  They've been generating data for hours now!

[rinus]

If it pulls back to .0275 I will have gained N xmr on that little bump. (For some value of N.)  I can hardly wait for the next one.  But I can't trade as much next time if it never drops to 0275, as that would be doubling down into a loser. It's a suitable amount of risk for my taste.  At least my $ balance is up nicely.  But it is the xmr balance that I really worry about.

Everybody is talking about bithumb exchange right? because i did not see much action on poloniex... hope we have another leg up this week that would be nice

[wojak]

If it pulls back to .0275 I will have gained N xmr on that little bump. (For some value of N.)  I can hardly wait for the next one.  But I can't trade as much next time if it never drops to 0275, as that would be doubling down into a loser. It's a suitable amount of risk for my taste.  At least my $ balance is up nicely.  But it is the xmr balance that I really worry about.

Everybody is talking about bithumb exchange right? because i did not see much action on poloniex... hope we have another leg up this week that would be nice

yes, and there is no yet capital flow between bithumb and rest of exchanges, what I understand it is not fully implemented yet, some problems with API etc.

However like I said before - 24h volume

$196,624,000 total in 42 exchanges
$223,696,723 in bithub alone

So it is rather big deal.

[rinus]

If it pulls back to .0275 I will have gained N xmr on that little bump. (For some value of N.)  I can hardly wait for the next one.  But I can't trade as much next time if it never drops to 0275, as that would be doubling down into a loser. It's a suitable amount of risk for my taste.  At least my $ balance is up nicely.  But it is the xmr balance that I really worry about.

Everybody is talking about bithumb exchange right? because i did not see much action on poloniex... hope we have another leg up this week that would be nice

yes, and there is no yet capital flow between bithumb and rest of exchanges, what I understand it is not fully implemented yet, some problems with API etc.

However like I said before - 24h volume

$196,624,000 total in 42 exchanges
$223,696,723 in bithub alone

So it is rather big deal.

so this means if we give it a bit of time , price should rise on polo as well?

[KeyJockey]

If it pulls back to .0275 I will have gained N xmr on that little bump. (For some value of N.)  I can hardly wait for the next one.  But I can't trade as much next time if it never drops to 0275, as that would be doubling down into a loser. It's a suitable amount of risk for my taste.  At least my $ balance is up nicely.  But it is the xmr balance that I really worry about.

Aminorex thanks again for everything you do here, I'm sure I speak for everyone in saying you've been a beacon of light for us all over the last few years. Plus ya got the coolest avatar on the board LOL

If I may ask: are you still of the opinion that about 060 will be the max peak for this upward correction, as I believe you posted a day or so ago?

I'm not trading the mini dips/spikes myself, not like you guys do (don't have the experience or discipline for that really, I'm just mostly a HODL'er) but I want to be prepared for approximately WHERE to take my little bit of extra Monero that's in play, out of the game, during this rally next few days.

Seems to me if I wait for maximum peak-peak around 060, like you said, then I'm being greedy and maybe too much risk of being the patsy in the end.

I'm thinking maybe a reasonable OUT POINT might be about 050 or so...? To leave some chips on the table as they say, better a little early leave the game then too late?

[Surging Chaos]

yes, and there is no yet capital flow between bithumb and rest of exchanges, what I understand it is not fully implemented yet, some problems with API etc.

However like I said before - 24h volume

$196,624,000 total in 42 exchanges
$223,696,723 in bithub alone

So it is rather big deal.

I agree; just the increased volume alone is a big win for Monero.

[aminorex]

peak for this upward correction, as I believe you posted a day or so ago?

Better to ask Rangedriver for short term. As far as I am concerned it's all just reindeer games until there are credible dnm's again. I save my brightest light for Christmas Eve.

[KeyJockey]

peak for this upward correction, as I believe you posted a day or so ago?

Better to ask Rangedriver for short term.

Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver

[Nathan047]

I just checked the price, it’s currently at 135$. That's 3x what is was just weeks ago, although I can’t say I wasn’t expecting it. I’m just glad my bag was full.

Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver

Paging?!? It’s 2017.

[vince212]

I just checked the price, it’s currently at 135$. That's 3x what is was just weeks ago, although I can’t say I wasn’t expecting it. I’m just glad my bag was full.

Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver

Paging?!? It’s 2017.

going back to 120-130

[KeyJockey]

Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver

Paging?!? It’s 2017.

Haha, yeah okay okay, ya young whippersnapper, you... and us old guys also knows that's a floppy disk there on the file-save icon (WTF is a floppy disk you ask?) and we say "make a Xerox" when we ask for a photocopy, and we know that scratching sound when the music suddenly stops is supposed to mean the needle skipping across the vinyl record (WTF is a record, you ask?)

You'll be old too some day, young man. 

Now get off my lawn...       

[toty888]

Comeee on xmr you've taken a big dip so far, go on and start rising up!!!!

[ployfit]

The current monero price is still a HOLD price for me. I have 85 monero right now and I won't sell them before it gets $500 this year or next years. If you have free capital, you can still buy it without having problems. The price will go much upper.

[dalek]

Moneran's shouldn't forget the great Mintpal pump of 2014, which resulted in an ATH that wasn't broken for two years.

The important point though is that the price record was reached before trading began at Mintpal. Perhaps this time is different?

For me it does not really matter if we hit this week ATH yet or not. As some say volume on bithumb was today $200 millions, what is more then on all other exchanges combine.   This is what Monero was lacking in last few months compared to other top10 coins.   Now will be easily in top10 volumes and more on radar of traders.  This was huge step for Monero. I had no ideas a week ago it is so important.
With things planed for Monero I am sure price will be way higher at end of the year as it is now.

Additionally - for some reason coinmarketcap do not yet included bithumb in data.

Ridiculous!  They've been generating data for hours now!

No, it is true. I do not know the reason in today Coinmarketcap do not update Monero volume trading on Bithumb exchange after listed 12 hours. Maybe, coinmarketcap need after 24 hours for confirm it.

[wojak]

It is not connected at all:

[Chicken76]

Plus ya got the coolest avatar on the board LOL

Pretty cool indeed, but smooth's is the coolest 

[dennyd999]

I was on vacation and missed to buy ome. So you guys think I am too late? x3 seems pretty huge for XMR.