Bitcoin Forum
November 22, 2019, 08:00:02 PM *
News: The forum is 10 years old today!
 
   Home   Help Search Login Register More  
Pages: « 1 ... 1697 1698 1699 1700 1701 1702 1703 1704 1705 1706 1707 1708 1709 1710 1711 1712 1713 1714 1715 1716 1717 1718 1719 1720 1721 1722 1723 1724 1725 1726 1727 1728 1729 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1745 1746 [1747] 1748 1749 1750 1751 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 1768 1769 1770 1771 1772 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 1786 1787 1788 1789 1790 1791 1792 1793 1794 1795 1796 1797 ... 2075 »
  Print  
Author Topic: [XMR] Monero Speculation  (Read 3205736 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 2 users deleted.)
rinus
Sr. Member
****
Offline Offline

Activity: 354
Merit: 258


View Profile
December 06, 2017, 01:13:50 PM
 #34921

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?
1574452802
Hero Member
*
Offline Offline

Posts: 1574452802

View Profile Personal Message (Offline)

Ignore
1574452802
Reply with quote  #2

1574452802
Report to moderator
1574452802
Hero Member
*
Offline Offline

Posts: 1574452802

View Profile Personal Message (Offline)

Ignore
1574452802
Reply with quote  #2

1574452802
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
1574452802
Hero Member
*
Offline Offline

Posts: 1574452802

View Profile Personal Message (Offline)

Ignore
1574452802
Reply with quote  #2

1574452802
Report to moderator
Millionero
Sr. Member
****
Offline Offline

Activity: 571
Merit: 306


View Profile
December 06, 2017, 01:20:56 PM
 #34922

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?
Less volatility were a good thing.
The rockets we rode before all crashed.
CTTE
Full Member
***
Offline Offline

Activity: 227
Merit: 100



View Profile
December 06, 2017, 01:22:07 PM
 #34923

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?

I'm not sure... I think the Koreans may have something to say about that.
Millionero
Sr. Member
****
Offline Offline

Activity: 571
Merit: 306


View Profile
December 06, 2017, 01:23:16 PM
 #34924

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?

I'm not sure... I think the Koreans may have something to say about that.
I don't understand Korean, so I'll just keep an eye on the smoke signals.
aminorex
Legendary
*
Offline Offline

Activity: 1596
Merit: 1029


Sine secretum non libertas


View Profile
December 06, 2017, 02:13:37 PM
 #34925

Would someone please run the arb between bittrex and poloniex?  All that money on the table, ignored, makes me twitchy.

Also, for those wishing to constructively dispose of some of their newfound wealth, I recommend https://www.fmsc.org .

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
presearch
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
December 06, 2017, 03:10:10 PM
 #34926

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?

I rather hope it is a long stable rise, XMR is one of my favourite coins and have huge potential.

More and more investors notice it.
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2380
Merit: 1398


UNLEASH THE FURY!


View Profile
December 06, 2017, 03:34:00 PM
 #34927

Would someone please run the arb between bittrex and poloniex?  All that money on the table, ignored, makes me twitchy.

Also, for those wishing to constructively dispose of some of their newfound wealth, I recommend https://www.fmsc.org .

A good work.  I will be giving.
Celebrity
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
December 06, 2017, 03:35:58 PM
 #34928

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?

I rather hope it is a long stable rise, XMR is one of my favourite coins and have huge potential.

More and more investors notice it.

I really couldn't understand the reason behind monero's success. I was targeting $200 for monero and I already sold my holdings before we get there and after all, it reached and passed $300. This is big.
fromholland
Full Member
***
Offline Offline

Activity: 280
Merit: 107



View Profile
December 06, 2017, 04:18:20 PM
 #34929

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?

I rather hope it is a long stable rise, XMR is one of my favourite coins and have huge potential.

More and more investors notice it.

I really couldn't understand the reason behind monero's success. I was targeting $200 for monero and I already sold my holdings before we get there and after all, it reached and passed $300. This is big.
Same here, I sold just before $200 to buy back in the dip I expected, but then it shot straight on to $300.. Angry

Globb0
Legendary
*
Offline Offline

Activity: 2072
Merit: 1450


Chopping carrots ready for the apocalypse


View Profile
December 06, 2017, 04:33:05 PM
 #34930

Sounds like you fell for the wannawank bs

Listen to those that know best. And look at the emissions.

= no brainer

Yie Ar Kung-Fu
starmman
Legendary
*
Offline Offline

Activity: 1372
Merit: 1029



View Profile
December 06, 2017, 04:39:27 PM
 #34931

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?

I rather hope it is a long stable rise, XMR is one of my favourite coins and have huge potential.

More and more investors notice it.

I really couldn't understand the reason behind monero's success. I was targeting $200 for monero and I already sold my holdings before we get there and after all, it reached and passed $300. This is big.
Same here, I sold just before $200 to buy back in the dip I expected, but then it shot straight on to $300.. Angry
Price is all over the place today - you may be lucky enough to get your dip again. The market can't make its mind up...
Febo
Legendary
*
Offline Offline

Activity: 1974
Merit: 1110



View Profile
December 06, 2017, 05:02:24 PM
 #34932

It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over  ( for now ) ?

I rather hope it is a long stable rise, XMR is one of my favourite coins and have huge potential.

More and more investors notice it.

I really couldn't understand the reason behind monero's success. I was targeting $200 for monero and I already sold my holdings before we get there and after all, it reached and passed $300. This is big.
Same here, I sold just before $200 to buy back in the dip I expected, but then it shot straight on to $300.. Angry

You should monitor more. This project took $1 million if i am not mistaken. Everyone was expecting it before Christmas. and sort for Globee was sponsor of some meeting tomorrow and on their Twitter they announced they have a big news. so all that monitored Monero should know.

On general we see that development itself dont drive price up. But I guess helps it stay up. What drives price up are wider adoption and marketing. What Bithumb did and now Project Coral Reef.    My point is that those that expect that price of Monero will go x3 because of HW and multisig might be disappointed. But we all know that that is more important then Project Coral Reef or listing on Bithumb.


We had $650 millions of volume what is way more then in past but. I am sure in BTC is not that much more then old biggest volumes. We need to understand that BTC is now almost 20 times more then a year ago.  and at least on Poloniex price was hitting 0.0225 but just could not break over it.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
aminorex
Legendary
*
Offline Offline

Activity: 1596
Merit: 1029


Sine secretum non libertas


View Profile
December 06, 2017, 05:35:48 PM
Last edit: December 06, 2017, 05:49:31 PM by aminorex
 #34933

I won't believe this ramp is over until Korean and Japanese buying declines.  But... At these prices it takes 1.12 mmUSD to soak up the total daily mining output, and I don't see any reason for miners to retain returns, except speculation - and miners and speculators are almost non-overlapping sets at these price/difficulty ratios.  The more profitable mining becomes relative to other coins, the more mercenary and short-sighted the marginal miner becomes.  

I think if net flows from East Asia drop below roughly 1.5 mmUSD/diem, then we will top out, and draw down as first levered longs, then overextended broke-ass short-sighted dumb money get shaken out.  It usually drops to near the level of the preceeding ATH - Nov 11th, which is a 50% retracement from our current price - before smart money comes in and puts a floor under the price.  Consolidation, catalyst, creep, climb, and crash.  Rinse, repeat.  As in Bitcoin, so in Monero...until you start hearing about Monero every day on CNBC.  You probably want to sell a substantial fraction at that point.  

Anyhow, I have no easy way to measure Asian money flows right now, so I won't be calling this one.  



Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
buntyboy
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
December 06, 2017, 06:22:41 PM
 #34934

So who really knows what this latest price spike is attributed too?

We have the following:
https://www.forbes.com/sites/laurashin/2017/12/05/cryptocurrency-monero-to-be-accepted-by-45-musicians-such-as-mariah-carey-g-eazy-sia-for-holidays/#471e54dd7885
http://jeffq.com/blog/on-the-linkability-of-zcash-transactions/
or
Bullet Proofs and Scalabilty
https://www.reddit.com/r/Monero/comments/7hbfal/20171203_monero_dev_meeting_summary_and_logs/

We have user growth, no real competitors and technical fundamentals.  Grin

What I do know is that the networking effect is kicking in and we are now in the same user growth phase as both Bitcoin and Ethereum during the Reddit 30K to 80K subscriber phase.

http://redditmetrics.com/r/Monero
http://redditmetrics.com/r/Bitcoin
http://redditmetrics.com/r/Ethereum

Price appreciation has been around 800% in this phase in a very short time frame:
Bitcoin 8 Months
Ether 4 Months

I'm predicting a $1K price in a very short period. Probably the end of March when we historically have our highs. I'm guessing we will have a protracted pullback after that.

For the first time in 4 years, I'm having problems withdrawing XMR from Polo. Same as Ether when it took off!

Good times ahead!  Grin



owlcatz
Legendary
*
Offline Offline

Activity: 2016
Merit: 1240


BTC, XMR & VIA FTW


View Profile WWW
December 06, 2017, 06:41:51 PM
 #34935

I had a Polo withdrawal sit all  night long in pending status. tried 4 more times since, nothing. BTC withdraws just fine. Not making me happy.  Angry
HODL to the moon
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
December 06, 2017, 06:49:49 PM
 #34936

Privacy coins will rise a lot, and XMR hasn't move much since January basically, since it was still trading in the 0.16 range for a long time, now we see some movement in the 0.22 area finally.

buntyboy
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
December 06, 2017, 06:56:29 PM
 #34937

I had a Polo withdrawal sit all  night long in pending status. tried 4 more times since, nothing. BTC withdraws just fine. Not making me happy.  Angry

Yeah, I've been withdrawing everyday for a while at my limit and no problems. Problems started about 2 days ago.
I'm thinking I'll need to convert to BTC and Shapeshift once its out. It's then abou short term timing. Grrrrr


 
owlcatz
Legendary
*
Offline Offline

Activity: 2016
Merit: 1240


BTC, XMR & VIA FTW


View Profile WWW
December 06, 2017, 07:00:40 PM
 #34938

I had a Polo withdrawal sit all  night long in pending status. tried 4 more times since, nothing. BTC withdraws just fine. Not making me happy.  Angry

Yeah, I've been withdrawing everyday for a while at my limit and no problems. Problems started about 2 days ago.
I'm thinking I'll need to convert to BTC and Shapeshift once its out. It's then abou short term timing. Grrrrr


Ouch, won't you lose XMR doing that? Well look at this way - we are not alone, so that's probably a good sign. Hopefully they fix the hotwallet asap, this is getting silly.  Tongue
solias
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
December 06, 2017, 07:13:25 PM
 #34939

I won't believe this ramp is over until Korean and Japanese buying declines.  But... At these prices it takes 1.12 mmUSD to soak up the total daily mining output, and I don't see any reason for miners to retain returns, except speculation - and miners and speculators are almost non-overlapping sets at these price/difficulty ratios.  The more profitable mining becomes relative to other coins, the more mercenary and short-sighted the marginal miner becomes.  

I think if net flows from East Asia drop below roughly 1.5 mmUSD/diem, then we will top out, and draw down as first levered longs, then overextended broke-ass short-sighted dumb money get shaken out.  It usually drops to near the level of the preceeding ATH - Nov 11th, which is a 50% retracement from our current price - before smart money comes in and puts a floor under the price.  Consolidation, catalyst, creep, climb, and crash.  Rinse, repeat.  As in Bitcoin, so in Monero...until you start hearing about Monero every day on CNBC.  You probably want to sell a substantial fraction at that point.  

Anyhow, I have no easy way to measure Asian money flows right now, so I won't be calling this one.  


why drop out at that point? long-term, I see it as a strong hedge against the fiat-denominated portion of my portfolio.
buntyboy
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
December 06, 2017, 07:23:56 PM
 #34940

I had a Polo withdrawal sit all  night long in pending status. tried 4 more times since, nothing. BTC withdraws just fine. Not making me happy.  Angry

Yeah, I've been withdrawing everyday for a while at my limit and no problems. Problems started about 2 days ago.
I'm thinking I'll need to convert to BTC and Shapeshift once its out. It's then abou short term timing. Grrrrr


Ouch, won't you lose XMR doing that? Well look at this way - we are not alone, so that's probably a good sign. Hopefully they fix the hotwallet asap, this is getting silly.  Tongue

Fiat Price appreciation is killing me. I started withdrawing @ $80 and now $268. My fiat balance is still more than when I started withdrawing.  Grin

Removing some of the 3rd party risk may be worth the couple of % cost of withdrawing with BTC.
Pages: « 1 ... 1697 1698 1699 1700 1701 1702 1703 1704 1705 1706 1707 1708 1709 1710 1711 1712 1713 1714 1715 1716 1717 1718 1719 1720 1721 1722 1723 1724 1725 1726 1727 1728 1729 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1745 1746 [1747] 1748 1749 1750 1751 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 1768 1769 1770 1771 1772 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 1786 1787 1788 1789 1790 1791 1792 1793 1794 1795 1796 1797 ... 2075 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!