[XMR] Monero Speculation

[Hueristic]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

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[greenfailure]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

tbh if they continue to improve their support/withdrawals and add new margin trading pairs in addition to adding new coins they could recover

otherwise likely a slow death until majority of trading volume has left polo, and its nothing but trading bots remaining

[Helioshel]

How knows about near xmr future? Do they try to make something interesting? Have about 100 XMR right now and don't know what to do. Sell them or try to wait till next movement

[guesswho1234]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add:  

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

tbh if they continue to improve their support/withdrawals and add new margin trading pairs in addition to adding new coins they could recover

otherwise likely a slow death until majority of trading volume has left polo, and its nothing but trading bots remaining

i dont see the issue with polo to be honest.

been on polo from the start and never had any problems so far.

good api
margin trading works
normal trading works
deposit / withdrawal works

only thing im missing is the trollbox they removed a while ago

[starmman]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

[generalizethis]

How knows about near xmr future? Do they try to make something interesting? Have about 100 XMR right now and don't know what to do. Sell them or try to wait till next movement

If you can't get on the GitHub and find reasons to hodl, then you don't deserve XMR and should give them to a better home.

[amaral1977]

How knows about near xmr future? Do they try to make something interesting? Have about 100 XMR right now and don't know what to do. Sell them or try to wait till next movement

If you can't get on the GitHub and find reasons to hodl, then you don't deserve XMR and should give them to a better home.

If they go to another good home on the 50 dollar level. that would be even sweeter. And then i wake up to my 50 dollar 100 XMR retirement plan. Sweet dreams

As for the above post XMR at 91 seems something now. will feel like a sweet deal in the future. Hold.

[Febo]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

I think that was sort of strategy from 2016. They did not want to be Nr.1 exchange anymore. They got smaller now, but not because they have less trades or volume, but because other exchanges grow way bigger. 
I also never had any problems with them. But on other hand never had any serious problem with any exchange. Lucky me

[guesswho1234]

anyone got a quick list of upcoming stuff for monero?

also 91$ looks solid. wont go up wont go down much here. but so it was for 95. i somehow sense a breakout. only question is in what direction

[YinShuiSiYuan]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

Anyway Poloniex still is the biggest market to trade Monero. Falling volume is very dangerous, but on the other hand when will show up good information from developers the price will much easier jump up.

[QlooQl]

I've been watching Monero since before its big 100% up move. I'm sad I didn't pull the trigger, but I'm still waiting for a good entry point. We are seeing very low volume the last few days, as Ether lost value Monero seemed rangebound. Currently Ether is gaining ground and Monero has barely budged. I think this is worrying so I'm still waiting. I think we will see continued price erosion for some time.

[explorer]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

Anyway Poloniex still is the biggest market to trade Monero. Falling volume is very dangerous, but on the other hand when will show up good information from developers the price will much easier jump up.

Wat?

[Febo]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

Anyway Poloniex still is the biggest market to trade Monero. Falling volume is very dangerous, but on the other hand when will show up good information from developers the price will much easier jump up.

Development have low influence on short term price. Almost none. Ofcourse it have it on long term.  Markets hugely influence price. And AERO seems to be working well. We will see how users will like it. I am actually surprised was no price jump when announced, but I guess people got skeptical with darkmarkets.

[Hueristic]

Just noticed the 24hr volume on polo...  410btc    Haven't seen it that low in ages.

add: 

and it seems that polo btc:xmr is only 7% of xmr the market these days.  The times they are a-changin'!

Polo is going down the shitter.

I think it needs to be smaller - it couldn't cope with being as big as it was - I dont think they ever brought in the staff or infrastructure needed to be big.

At one stage about 75% of my trading profits were through polo - now its about 10%

They have been costing me with the margin offers being charged but closed off the books instead of getting filled, I think they are running a script to screw traders. As soon as I close this long I'm gone they have been fucking me for 6 months costing me 20% of my stack.

[johnalan]

I cannot believe we are back under 0.02.

Fuck me.

[doc12]

Monero market somehow is extremly fucked up. Basicly i goes likes this:

1. One or two huge green candles  in no time without building momentum  
2. 200 red candles ultimate dumpage  
3. Repeat

Feels like a 2 BTC volume shitcoin    No offence, monero is one of my favorite but this feels a bit strange...

To be fair XMR price is always rising in the long run and shitcoins are zombies after the dump.

[kurious]

I cannot believe we are back under 0.02.

Fuck me.

It's more BTC rising than XMR falling - against USD it's a still $90.

Hardly catastrophic. 

[Detective Cuffs]

Monero market somehow is extremly fucked up. Basicly i goes likes this:

1. One or two huge green candles  in no time without building momentum  
2. 200 red candles ultimate dumpage  
3. Repeat

Feels like a 2 BTC volume shitcoin    No offence, monero is one of my favorite but this feels a bit strange...

To be fair XMR price is always rising in the long run and shitcoins are zombies after the dump.

Non taken sir, I rly like comments like these for some reason.

1. Ofc it's subjective, but it depends on what time frame charts you are using. I use daily, and I haven't seen "ultimate dumpage" since Sept. 14.
2. I can't see anything strange in XMR movement. All coins are "chilling", although BTC in starting to shake. Strange would be all up, XMR down.
3. Thinking that XMR somehow different to average speculator is wrong. "To be fair XMR price is always rising in the long run" True, but that's not only XMR who does that. Top 20 market cap coins go up in the long run, because dumb money just try to get rich fast and does not do their homework before pulling the trigger. So "low volume shitcoin" would apply not only to XMR but also DASH, ZEC, LTC... LTC has 1000 BTC volume on polo atm and 400 the day before. Ain't that shit?

[johnalan]

I cannot believe we are back under 0.02.

Fuck me.

It's more BTC rising than XMR falling - against USD it's a still $90.

Hardly catastrophic.  

With the greatest of respect, whilst is might not be catastrophic, its pretty damn bad.

The XMR/BTC price is the metric for XMR's success in crypto terms. When we broke that 0.0265 glass ceiling I was elated. I really thought we were finally about to track our historical peers (ETH 0.07 and Dash 0.06) up to a proper value for XMR.

Without getting into the details I think XMR is GROSSLY undervalued in the context of the current market, with XMR's utility taken into account.

Alas it's not to be, whilst our old peers (ETH flawed; mutable, DASH a sham of a crypto, with zero USP) reach record heights, not struggling at old strangle points and resistance levels, we languish in our old comfort zone.

What's next?

BTC at 10K USD, DASH and ETH at 0.1, XMR at 0.022?

I feel disgusted.

[cAPSLOCK]

Talking my book...

I have chosen .0203-.0206 as a supplemental entry point for a significant addition to my meager above water stash.

I reveal that here for posterity... for mockery or gloating...  hard to say which.

24hr Low   0.02020000

Last Price   0.02190000

      

Still early for any really GOOD gloating.

Certainly no gloating yet.  But I have orders between here and 0.018 set.

Looks to me like a fairly wholesale transfer of money from alts to btc.  With some notable outliers.  (Ripple and clams wtf?)

Monero doing what it has been doing for an awful long time:  Holding its $ value.

For some reason XMR seems to stay less coupled to BTC than other alts...