|
Millionero
|
 |
December 21, 2017, 02:44:35 AM |
|
I maybe talking shit through lack of experience  It's not shit talking. It's speculation. Sheesh.   A friend of mine always sells his monero at 0.020 and buys back at 0.016 (I guess many do this), he just told me that he sold a few days back. This has been working for a long time. It will be interesting to see if we will go back to those levels or if this is a permanent level increase. The last real level increase (in relation to BTC) was summer of '16.
Man, XMR's rallies are always followed by deep crashes. Each bottom is only a little higher than the last. Just chillax, Monero. Except when those bottoms are 0.0016 and 0.0058. For one example  I know all about it. I've been in the coin since May 2014. Actually I think I waited until June to buy and paid about .007, right near the peak of the second pump. Story of my life. |
|
|
|
|
|
|
|
|
|
|
|
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Yoonsuh88
Newbie
 Offline
Activity: 1
Merit: 0
|
|
December 21, 2017, 02:53:04 AM |
|
@explorer is there anyway to find out what is going on at bithumb and why XMR/KRW always trade at such a premium? Are there any simple answer to this, or is it much more complex?  How hard is it for me to sell 1000XMR on bithumb, send USDT to bittrex, and buy XMR there? Thanks for any response in advance And I have a colleague from south Korea, who could feasibly help me translate something. I'm also interested. IMO Koreans are just crazy gamblers, punting on anything that moves. As yet, I've not come across any, let alone a good explanation. Being kind of a closed market, arbitrage is very difficult. If you can figure it out, you will profit. Be first. USDT is rarely valued at $1 exactly, so it is a poor measure. Also Poloniex XMR tether volume is ~10% of the BTC market (which I trade, ergo my measure for price). Korean here, also a monero holder lol u guys wouldnt believe how crazy we are. so many stories you are right, most of us are just clicking buttons and riding the wave. lmk if u guys have any questions regarding korean market or bithumb |
|
|
|
|
TheFuzzStone
Legendary
Offline
Activity: 1512
Merit: 1442
thefuzzstone.github.io
|
|
December 21, 2017, 12:16:48 PM |
|
|
|
|
|
aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
|
|
December 21, 2017, 12:23:02 PM |
|
Probably a good place to get cheap xmr for long term holding. A super-effective strategy by binance staff to get cheap xmr. |
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.
|
|
|
ultegra
Jr. Member
Offline
Activity: 40
Merit: 2
|
|
December 21, 2017, 01:43:09 PM |
|
Anybody else having problems withdrawing xmr from poloniex? My withdrawal has been pending for a couple of hours.
|
|
|
|
|
generalizethis
Legendary
Offline
Activity: 1750
Merit: 1036
Facts are more efficient than fud
|
|
December 21, 2017, 01:54:07 PM |
|
Anybody else having problems withdrawing xmr from poloniex? My withdrawal has been pending for a couple of hours.
Some days the XMR withdrawal is shitty. I usually wait 20min and withdrawal something else if it didn't go through. |
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
|
December 21, 2017, 02:04:54 PM |
|
Anybody else having problems withdrawing xmr from poloniex? My withdrawal has been pending for a couple of hours.
Sometimes specially if is bigger withdrawal and they dont have enough XMR in hot wallet it takes some more time. I juts noticed Users currently online: 63383. I never saw this many. but also did not put much interest in it since lately exchange was without any lag. It seems Poloniex did well when stepped off the pedal and let others exchanges to take front rows. |
|
|
|
|
solias
Newbie
Offline
Activity: 23
Merit: 0
|
|
December 21, 2017, 02:43:27 PM |
|
Bithumb connects directly to your bank account, making it much easier to fund, which increases the supply of fiat relative to crypto. Also it is limited to Korean nationals by regulations, so any incoming crypto must come from other Koreans. Since few Koreans have any crypto, the supply is low.
I have opened a bank account in Korea in order to arb this, but I will still need a trusted local Korean national to comply with the new regulations, so I have not yet begun. There was one full arb cycle performed a few days ago, using bittrex and bithumb, but the spread is back. The new regulations broke that loop, presumptively.
I presume that Yoonsuh88 is a drive-by troll account.
We are looking into this as well. My friend's girlfriend is South Korean and he will be in Seoul in two days. There are regulations in place that restrict inbound and outbound capital but we don't have a complete picture yet. If you want more information you can pm me. |
|
|
|
|
DZRCoins
Newbie
Offline
Activity: 64
Merit: 0
|
|
December 21, 2017, 02:52:15 PM |
|
This is a new record! It was 478$ today
|
|
|
|
|
Johnzky
Member
Offline
Activity: 616
Merit: 30
|
|
December 21, 2017, 02:57:26 PM |
|
A friend of mine always sells his monero at 0.020 and buys back at 0.016 (I guess many do this), he just told me that he sold a few days back. This has been working for a long time. It will be interesting to see if we will go back to those levels or if this is a permanent level increase. The last real level increase (in relation to BTC) was summer of '16.
is this for real?or should i say effective strategy for trading?now i have learn new to gain profit.but another thought is what if i hold after buying 0.020 for lets say 2 weeks,would i still earn?or may price drop for me to lose? |
|
|
|
|
|
rinus
|
|
December 21, 2017, 02:59:37 PM |
|
This is a new record! It was 478$ today
Yes, but feels like we go down a bit more it seems. No crazy spikes like yesterday |
|
|
|
|
DZRCoins
Newbie
Offline
Activity: 64
Merit: 0
|
|
December 21, 2017, 03:04:04 PM |
|
This is a new record! It was 478$ today
Yes, but feels like we go down a bit more it seems. No crazy spikes like yesterday Yes, yesterday was a crazy day, but I think we have to wait |
|
|
|
|
|
rinus
|
|
December 21, 2017, 03:29:32 PM |
|
This is a new record! It was 478$ today
Yes, but feels like we go down a bit more it seems. No crazy spikes like yesterday Yes, yesterday was a crazy day, but I think we have to wait Anybody an idea why the sudden drop? Profit taking ? Correction? |
|
|
|
|
johnalan
Member
Offline
Activity: 200
Merit: 47
|
|
December 21, 2017, 03:33:06 PM |
|
This is a new record! It was 478$ today
Yes, but feels like we go down a bit more it seems. No crazy spikes like yesterday Yes, yesterday was a crazy day, but I think we have to wait Anybody an idea why the sudden drop? Profit taking ? Correction? We may go to 150usd before we hit 1k. But I really believe we will see 1k next year. |
|
|
|
|
Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
|
|
December 21, 2017, 03:41:38 PM |
|
This is a new record! It was 478$ today
Yes, but feels like we go down a bit more it seems. No crazy spikes like yesterday Yes, yesterday was a crazy day, but I think we have to wait Anybody an idea why the sudden drop? Profit taking ? Correction? Bitcoin is trying down again |
|
|
|
|
DZRCoins
Newbie
Offline
Activity: 64
Merit: 0
|
|
December 21, 2017, 04:11:10 PM |
|
This is a new record! It was 478$ today
Yes, but feels like we go down a bit more it seems. No crazy spikes like yesterday Yes, yesterday was a crazy day, but I think we have to wait Anybody an idea why the sudden drop? Profit taking ? Correction? Bitcoin is trying down again That's right. We will see this trend not only for XMR, but also for other coins... |
|
|
|
|
|
rinus
|
|
December 21, 2017, 07:12:40 PM |
|
Any thoughts or opinions about the recent drop? Entering a bear market for some time now? Or to early to tell?
|
|
|
|
|
btc_caster
Member
Offline
Activity: 406
Merit: 10
|
|
December 21, 2017, 07:36:01 PM |
|
Any thoughts or opinions about the recent drop? Entering a bear market for some time now? Or to early to tell?
It seems to me that this coin has become a bit cheaper due to the general fall of TOP-10 and bitcoin. But soon the market will grow again and bring a good profit. Now you can buy Monero |
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
|
December 21, 2017, 08:34:20 PM |
|
Any thoughts or opinions about the recent drop? Entering a bear market for some time now? Or to early to tell?
Recent Monero drop is because of yesterday growth. More drop is because of BTC droping nicely for two days now. On long term Bitcoin will always drag alts down in USD. Bitcoin could enter Bear market or not since there are still many patiently waiting to get into crypto. Bear trend will for sure happen in 2018 . When and how long no one can say. There is tiny chance it would not happen at all and Bull trend would continue till Bitcoin reach maturity. |
|
|
|
|
Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
|
|
December 21, 2017, 09:00:38 PM |
|
Any thoughts or opinions about the recent drop? Entering a bear market for some time now? Or to early to tell?
Its all a matter of relativity. You need to look at a few things in conjunction. Sometimes a drop isnt a drop and a rise inst a rise. |
|
|
|
|
|
