[XMR] Monero Speculation

[jwinterm]

Somebody on Bittrex just fat-fingered the price up to 0.021:


Either that or they just couldn't wait to get their hands on $100k worth of romeros.

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[generalizethis]

Polo had a big buy too.

[rangedriver]

Polo had a big buy too.

About 2.4 million USD on each.

[starmman]

Polo had a big buy too.

About 2.4 million USD on each.

Was a nice little spike there -  good to get a few orders hit =)

It was probably somebody buying their bag back after the BTG fork

[CTTE]

Polo had a big buy too.

About 2.4 million USD on each.

Now that's what I would call a good sign!   

 

[Febo]

Now that is what I call a good picture


About that strange fat finger buys today. I think they happened on bithumb first and then people panic buy on other exchanges also.

[Johnny Mnemonic]

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

[garytheasshole]

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

Welp, if it was easy to predict the market we'd all be millionaires. The line between trading and gambling is almost nonexistent.

[Billy Bunter]

@KeyJockey

I feel your pain and I'm often the same way myself. That said, at some point, sooner or later, you'll see the following on this board:

"Big green candle!"

Followed by,

"Woo Hoo!"

And,

"To the moon!"

Your heart rate will rise, visions of dollar signs cloud your vision, and your finger will hover over the browser shortcut that takes you to Monero's price. But you hesitate. You're not going to fall into that trap again. You're better than that. Stronger.

At this point, just as you prepare yourself to walk away to go brew a soothing cup of camomile, aminorex chimes in. You're not quite sure what he says - there's a few formulas, a smattering of arcane mathematics and a dollop of historical paradigms - but the upshot is, Monero will trade at $5,000 in six months. Guaranteed.

This is when you capitulate, I'm afraid. And who can blame you? Not I, because, sad to say, I've tried walking in your prospective path many times and it never worked.

Best of luck, though.

[Nathan047]

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

Welp, if it was easy to predict the market we'd all be millionaires. The line between trading and gambling is almost nonexistent.

I agree and disagree with you at the same time: while you cannot guarantee a rise in price, it is possible to make a very educated guess and be right like 80%-90% of the time (especially when holding for a long time).

[walonek]

Correction of downtrend ongoing. Sell level on 0.02. As predicted. Priests of noMore wank for the big green candles. They do not do any real analysis besides tomato speaches.

[KeyJockey]

Thanks for all the nice comments, appreciate the well-wishes (and, I guess I posted this just 'cuz I wanted to be sure it wasn't "just me" LOL.  Nice to know other people ARE sometimes also as stressed out by this shit as me, and I ain't just mental... LOL)

Anyway probably should clarify that I am NOT at all "losing faith" in CRYPTO as a whole... far from it!!

To sell-out of everything, back to dirty FIAT old-fashioned green printed paper money?  Perish the thought!!  Never even considered it.

On the contrary, actually, that scenario where I somehow find a way to ignore all this shit for a whole year and come back to find it worth $1 Million kinda IS what I'd expect, much more-so than coming back a year later to find it all $0.  Probably 80% vs 20% that way, honestly.

So... yeah, no... this is not a 'bearish' sentiment overall I don't think.

You guys, plz don't trade your assets based on MY idiot psychology breakdown here, LOL

I just need to try and pull back from all the news and info and "NOISE" most likely.

But, yeah, as soon as that next big green XMR candle hits (almost saw it today on the fatfinger trade) I'll probably forget all about what I'm feeling today.

Carry on, gentlemen... 

[Hueristic]

....
SO... can't deal, man.  Srsly.  Gotta step back... I gotta TRY and fucking detach at least for a while.

I think what I'm gonna do here is just lock down ALL my various crypto coins into secure COLD PAPER WALLETS, print a few copies and save 'em 2-3 places, then DELETE EVERYTHING crypto related from my computer and just try and STOP THINKING about this shit all day every day 24/7.

Then maybe in a year or so, come back and check the paper wallets and find it's all worth over $1,000,000... OR it's all gone to shit and totally worthless.

Whateva'... LOL

Probably won't come to THAT, probably just need a few days or a couple weeks away to get *clear* again, but... Jeez it's just too much, ya know?...

I hear ya! you can sucked into this and spend every waking moment reading and still be behind either the curve or whats going on or a list of other things. This is one reason when I goto casino I try not to sign on at all (and find out I got screwed when my margin went bad during that time! LOL) while I am there. Running bad in both can be stressful and running good there then checking in here and find out you got boned just ruins the good time there! So what I'm saying is you can't let this shit control your life. I fully support stepping away regularly or you will certainly get burnt out and burned as well in this market.

Don't even think about leaving for a year though cause we'll miss ya way too much.

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

I think alot of us were wrong at that time, I know I was and am still paying for it.

[walonek]

Channel bounced from top and bow you got what yoy see. 0.02 will be long wait... Unfortunately first it could be 0.01.

[Globb0]

All the best bud.

I think its a general problem of our "always on", 24hrs, Internet based society.

Lots of people who cant switch off.

I like the advices, take a walk and breathe some fresh air.

But, don't be a stranger.


Phil

Hey Guys:

I'm posting this today just in case it's helpful to anyone else... odd as it may seem, in this day and age of everything being constantly 'online' I feel like some of y'all here are actually "friends", even though none of us have ever met, LOL.

*crop for your eyes*

[walonek]

Are you going to suck eachother? This is speculation thread not some "no homo" society... Did noMore Priests and belivers lost faith when every major support breaks and when the breakdown levels do not let the price go ? Yesterday noMore beautifully bounced from the top of falling channel.

[dEBRUYNE]

[Seeks Funding] Monero Meetup Kit

https://forum.getmonero.org/8/funding-required/88374/monero-meetup-kit

[Victorycoin]

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

Welp, if it was easy to predict the market we'd all be millionaires. The line between trading and gambling is almost nonexistent.

I agree and disagree with you at the same time: while you cannot guarantee a rise in price, it is possible to make a very educated guess and be right like 80%-90% of the time (especially when holding for a long time).

That's right, when a coins offers tangible solution to any of the shortfalls in Bitcoin, like the traceability of transactions issue, which Monero is able to checkmate, it means the coin have cornered some market demand and as such, an educated guess would be right, at least 70% of the time and that is certainly good enough for any knowledgeable and skillful trader to end up making some profit.

[cryptimus prime]

I have done a long, deep and intensive research over days and weeks just in case to diversify a small part of my investments into potential interesting projects/coins. Beside ETH (which wont make any really big gains any more) and XMR I only could find IOTA interesting, while still very experimental. Everything else is damn useless bullshit I would never put a cent in. Even BTC is a bad joke from fork to fork it is becoming just an expensive, overvalued and slow altcoin with no special features.

Simply happy to be invested in XMR.

[NeuroticFish]

Bitcoin forks are a bad (and sad) joke. Still, Bitcoin is nearly 6000$ and Monero didn't keep up that good.
But this is the markets.

I still have hopes that one day Monero will also reach at least 1000$. It deserves that.
While I like to diversify, I am also happy to be invested in XMR