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	Author	Topic: [XMR] Monero Speculation (Read 3316467 times)
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klee

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Re: [XMR] Monero Speculation

February 15, 2016, 05:16:12 PM

#12861

Breaking 0.0021 again will be the trigger for the next leg up.

There is good accumulation at 0.001835, before that it was at 0.0017.

If it is really bullish we should bounce up in the next hours, if not we will retest 0.0017.

My bet is on the former.

Disclaimer: I sold all my coins at 0.00215 in the spike, I will re-enter at about the same price or in the 0.0013-0.0014 area.

EDIT: Surprisingly enough, we had the same movements for BTC, ETH & XMR. Price rise, pullback, accumulation and now the first two are bouncing back up.

Bagatell

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Re: [XMR] Monero Speculation

February 15, 2016, 05:25:02 PM

#12862

@klee

+ Maid and Factom and some others, I'm told.

klee

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Re: [XMR] Monero Speculation

February 15, 2016, 05:26:13 PM

#12863

Quote from: Bagatell on February 15, 2016, 05:25:02 PM

@klee

+ Maid and Factom and some others, I'm told.

Yeah, this seems to be the case for every major (regarding volume) coin @Polo

klee

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Re: [XMR] Monero Speculation

February 15, 2016, 05:50:36 PM

#12864

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

GTO911

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Re: [XMR] Monero Speculation

February 15, 2016, 05:53:29 PM

#12865

Quote from: klee on February 15, 2016, 05:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Haha, was just thinking its you maybe

klee

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Re: [XMR] Monero Speculation

February 15, 2016, 05:54:26 PM

#12866

Quote from: GTO911 on February 15, 2016, 05:53:29 PM

Quote from: klee on February 15, 2016, 05:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Haha, was just thinking its you maybe

lol no I am bagholding ETH atm

macsga

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Re: [XMR] Monero Speculation

February 15, 2016, 05:56:42 PM

#12867

Quote from: klee on February 15, 2016, 05:54:26 PM

lol no I am bagholding ETH atm

Traitor!

Chaos could be a form of intelligence we cannot yet understand its complexity.

klee

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Re: [XMR] Monero Speculation

February 15, 2016, 05:59:13 PM

#12868

Quote from: macsga on February 15, 2016, 05:56:42 PM

Quote from: klee on February 15, 2016, 05:54:26 PM

lol no I am bagholding ETH atm

Traitor!

XMR ponzi pyramid scam, get out before 666666K coins dump on you Tongue

bitebits

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Re: [XMR] Monero Speculation

February 15, 2016, 06:00:53 PM

#12869

Quote from: klee on February 15, 2016, 05:16:12 PM

EDIT: Surprisingly enough, we had the same movements for BTC, ETH & XMR. Price rise, pullback, accumulation and now the first two are bouncing back up.

Quote from: klee on February 15, 2016, 05:26:13 PM

Yeah, this seems to be the case for every major (regarding volume) coin @Polo

Serious question: do these movements have anything to do with the underlying value of the coin? Is the market trying to put a price tag on the coins, or is it mostly about getting profit from creating volatility?

You can figure out what will happen, not whenWarren Buffett

macsga

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Re: [XMR] Monero Speculation

February 15, 2016, 06:01:11 PM

#12870

Quote from: klee on February 15, 2016, 05:59:13 PM

Quote from: macsga on February 15, 2016, 05:56:42 PM

Quote from: klee on February 15, 2016, 05:54:26 PM

lol no I am bagholding ETH atm

Traitor!

XMR ponzi pyramid scam, get out before 666666K coins dump on you Tongue

I'll buy all your ETH for 1/20 of my XMRs Tongue

@Bitebits: Volatility is essential for a coin to climb up in value.

Chaos could be a form of intelligence we cannot yet understand its complexity.

Bagatell

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Re: [XMR] Monero Speculation

February 15, 2016, 06:13:25 PM

#12871

Quote from: bitebits on February 15, 2016, 06:00:53 PM

Is the market trying to put a price tag on the coins, or is it mostly about getting profit from creating volatility?

Or is it this?

https://youtu.be/AqZ2TgrcD-E?t=1m

BTKC

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Re: [XMR] Monero Speculation

February 15, 2016, 07:14:52 PM

#12872

Quote from: klee on February 15, 2016, 05:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

dEBRUYNE

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Re: [XMR] Monero Speculation

February 15, 2016, 07:15:49 PM

#12873

Quote from: BTKC on February 15, 2016, 07:14:52 PM

Quote from: klee on February 15, 2016, 05:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

The 0.1% of the total supply before tail emission, 18.4k, figure has been going around for some time.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/

saddambitcoin

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Re: [XMR] Monero Speculation

February 15, 2016, 07:26:37 PM

#12874

I would call 1% of the current supply a whale, so around 110,000 XMR.

https://moneroaddress.org

GTO911

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Re: [XMR] Monero Speculation

February 15, 2016, 07:38:30 PM

#12875

Quote from: saddambitcoin on February 15, 2016, 07:26:37 PM

I would call 1% of the current supply a whale, so around 110,000 XMR.

Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale

Bassica

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Re: [XMR] Monero Speculation

February 15, 2016, 08:44:55 PM
Last edit: February 15, 2016, 08:58:04 PM by Bassica

#12876

Interesting to see what will happen. Could be one last sweep to 0.00186, before breaking out upwards and battling 0.0021 and 0.00235, although the former will be the heavy one..

funnyman21

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Re: [XMR] Monero Speculation

February 15, 2016, 08:56:59 PM

#12877

Quote from: GTO911 on February 15, 2016, 07:38:30 PM

Quote from: saddambitcoin on February 15, 2016, 07:26:37 PM

I would call 1% of the current supply a whale, so around 110,000 XMR.

Whale definition fluctuates with the price, if Monero shoots above $5, 0.1% is pretty much a whale

Less than .1% has the potential to make someone extremely wealthy IF Monero can achieve its objective of establishing an important privacy hub.

I predict that in 10 years .1% of Monero will either be worth close to zero or be enough to retire on. Failure may be more likely but the potential reward is so great that the risk appeals to me.

smooth (OP)

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Re: [XMR] Monero Speculation

February 15, 2016, 08:57:40 PM

#12878

Quote from: BTKC on February 15, 2016, 07:14:52 PM

Quote from: klee on February 15, 2016, 05:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

A good way to answer that is to consider how many true whales you think there can be. If you assume 1% then with 50% of the coin supply held by such whales there could be no more than 50 whales. Pick your own numbers.

macsga

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Re: [XMR] Monero Speculation

February 15, 2016, 09:00:52 PM

#12879

There's a lot of pressure not to cross the 20k mark. I've been watching this for a while now and just when somebody puts a bid over 20, somebody dumps coins and drops the ask below that. I think that either somebody is desperate to keep the price down (margin calls?) or this is orchestrated by a group for accumulation reasons.

FWIW, I managed to get some more at 18xx today on an instant dump.

Chaos could be a form of intelligence we cannot yet understand its complexity.

rpietila

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Re: [XMR] Monero Speculation

February 15, 2016, 09:05:45 PM

#12880

Quote from: smooth on February 15, 2016, 08:57:40 PM

Quote from: BTKC on February 15, 2016, 07:14:52 PM

Quote from: klee on February 15, 2016, 05:50:36 PM

Either I am very good at this, or a whale is reading me or both!

And no, I am not behind this (not a whale anymore after my coins were stolen)...

Sorry to hear that.. Question: What are peoples opinions on how many XMR one would have to own to be considered a "whale"?

And there are many whales, same as there are many peers, but a marquess is not a prince, but trumps an earl.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)

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