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    Author Topic: [XMR] Monero Speculation  (Read 3316443 times)
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    rpietila
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    March 17, 2015, 03:26:10 AM
     #3581

    Haven't done the approximate distribution analysis recently, but due to reasons outlined in previous analyses, I believe there are 5-8 people with 100k or more at the moment. 100k XMR is < 100k USD, so we are talking about tiny amounts.

    There are that many people capable in showing a big sell side and an almost unlimited number of people capable in putting bid walls.

    The market is so tiny that a manipulation for its own sake is doomed to lose. If the intent is to acquire or divest coins, faking the opposite is of course termed as "manipulation" but the whales have so much going against them due to illiquidity, how about just allowing this to them? Smiley

    A successful speculation is buying low, selling high, and (I believe) not going to momentum trading, at least if the amount to be traded with is higher than X00 XMR.

    Hey risto. How much xmr do you have to have inorder to be considered a whale? Curious to see if i count.

    That's up to everybody but if you have 1% of the current emission, I believe everyone considers you a whale Smiley

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