Maybe it's just time for our little Polo to grow up.  I remember when they started as little more than an altcoin student project in 2013.  They quickly became more robust and more professional in every sense of the word. 
 
And now look at them.  You think it's nuts seeing 20,000 bitcoins of volume floating around in there?  Well let's hope they pass the stress test.  I'm sure there are whales that will eventually aim to have 200,000 bitcoins of combined volume floating around on there. 
 
I for one have been thrilled with Polo's performance over the years and am excitred we have a legitimate US-based exchange to trade on.  They are a boon for not only Monero, but the entire cryptocurrency community.

Did you guys notice, that suddenly on almost one day every coin on Poloniex had a large buy for several BTCk`s...
I don't know how to interpret this, but oil price is dumping, gold price is shootung and suddenly crypto coins are bought in masses...
I suspect that this is a work of large inverstors, that will eventually dump the coins as oil prices rise or gold prices fall..
 

Idiot.

111k dump...interesting...

Lots of margin, I am guessing.  Squeeze should come quick, if so.  Someone remind me where to look up the margin positions on poloniex?

Can confirm lots of margin.  I've got >1k out at rates well above the normal dust generation.

https://poloniex.com/lending#XMR

I would sort of like to see margined shorts get punished for stupidity, rather than rewarded for it.  Tempted, but no -- I won't hit that.  I would end up over my self-imposed cap share limit, take on excess risk, and add volatility where it is already high -- the opposite of what a good market maker should do.

A slow squeeze can do that as well as (if less flamboyantly than) a fast one.  I will just maintain my disciplined cost-averaging trickle buy and let cowboys be cowboys.

They don't publish it. You can only infer some things from watching the lending market

EXPANSE going up 600%, with a tiny market cap (<$500K) is probably not very related to anything, although a rising tide can tend to lift all boats so to speak.

But if you want to look at broader trends I would stick to the larger alts with consistently higher volumes and market caps and ignore the flash-in-the-pan alts, another example being CBX that was up 10000%+ today.

Someone tried to push the price down with a big sell wall (fake possibly)


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