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dreamspark



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Hero MemberActivity: 798Merit: 1000 Re: [XMR] Monero Speculation August 06, 2015, 12:38:43 PM #7602 0.0024 is resistance from he beginning of June, its not shown but I seem to remember it being a support area back when we dropped off the ath's. Either way a very interesting price zone.

medusa13



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hello world







Sr. MemberActivity: 453Merit: 500hello world Re: [XMR] Monero Speculation August 06, 2015, 02:58:35 PM #7604



situation allready getting hot. do we need to cool off or is there room for more? volume slowly kicking in, btc moves slow these days, what we see now are just the front runners of this up move



1w macd is green now, dont know if i am ready for fireworks yet, but when is one ready for this anyway



take care people situation allready getting hot. do we need to cool off or is there room for more? volume slowly kicking in, btc moves slow these days, what we see now are just the front runners of this up move1w macd is green now, dont know if i am ready for fireworks yet, but when is one ready for this anywaytake care people XMR Monero

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Bitcoin for all & all for Bitcoin







Hero MemberActivity: 583Merit: 500Bitcoin for all & all for Bitcoin Re: [XMR] Monero Speculation August 06, 2015, 03:00:22 PM #7605 Waiting for a dip. Surely some whale wants to make a statement and dump 50-100k XMR right? Just let me know when and you can have my BTC . Either you own the bitcoins (private keys) or you don't. However with moneroj , nobody knows what you own.

Secure. Private. Untraceable.

slap



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Hero MemberActivity: 564Merit: 502 Re: [XMR] Monero Speculation August 06, 2015, 03:45:30 PM #7606 Looks to me xmr is being used as an hedge against btc.

In other words; btc down, xmr up.

Can someone confirm my thoughts on this?

thnx in advance

TrueCryptonaire



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LegendaryActivity: 1092Merit: 1000 Re: [XMR] Monero Speculation August 06, 2015, 03:49:48 PM #7608 Quote from: slap on August 06, 2015, 03:45:30 PM Looks to me xmr is being used as an hedge against btc.

In other words; btc down, xmr up.

Can someone confirm my thoughts on this?

thnx in advance



If Monero succeeds it will go up regardless of bitcoin.

Monero should not be dependent on bitcoin - the only connection is you get less btc with your fiat if btc goes up and therefore you are able to pour out less btc also on xmr.



I have sold some coins and was able to fish almost all of them back with a nice discount of around 5 %. And I am willing to increase my position if you guys feel like dumping.

I have some btc left that I acquired today waiting for you all ye dumpsters. If Monero succeeds it will go up regardless of bitcoin.Monero should not be dependent on bitcoin - the only connection is you get less btc with your fiat if btc goes up and therefore you are able to pour out less btc also on xmr.I have sold some coins and was able to fish almost all of them back with a nice discount of around 5 %. And I am willing to increase my position if you guys feel like dumping.I have some btc left that I acquired today waiting for you all ye dumpsters.

TrueCryptonaire



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LegendaryActivity: 1092Merit: 1000 Re: [XMR] Monero Speculation August 06, 2015, 03:51:14 PM #7610 Quote from: S3052 on August 06, 2015, 03:49:25 PM



Hello all! Thought this would be an appropriate time to share:



On 7/10/2015 we (BullBear Analytics) issued a trade idea - **Monero ProTrade [Issued on 7/10/2015]**: Get long at current levels, ~0.0018, with a stoploss at 0.00165 and an initial target of 0.0026. The next level of resistance would come in around 0.0035 if a breakout occurs.



Then on Tuesday, we issued the following report:



https://i.imgur.com/tkVytsK.png



These reports are for Premium subscribers only, but I wanted to share with the community this time around We are not there yet, but things are looking very good technically.



Reply if you have any questions or comments! Cheers!





bullbearanalytics.com

"BE LONG, STAY LONG"Hello all! Thought this would be an appropriate time to share:On 7/10/2015 we (BullBear Analytics) issued a trade idea - **Monero ProTrade [Issued on 7/10/2015]**: Get long at current levels, ~0.0018, with a stoploss at 0.00165 and an initial target of 0.0026. The next level of resistance would come in around 0.0035 if a breakout occurs.Then on Tuesday, we issued the following report:These reports are for Premium subscribers only, but I wanted to share with the community this time aroundWe are not there yet, but things are looking very good technically.Reply if you have any questions or comments! Cheers!bullbearanalytics.com

You can make money also by following me. It is a premium thing but for free. You can make money also by following me. It is a premium thing but for free.

dEBRUYNE



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LegendaryActivity: 2086Merit: 1131 Re: [XMR] Monero Speculation August 06, 2015, 04:08:18 PM

Last edit: August 06, 2015, 04:49:03 PM by dEBRUYNE #7612 Quote from: aminorex on August 06, 2015, 12:32:00 PM



While traders and hedgers tend to think in terms of btc (cost basis), miners (suppliers) tend to think in terms of local fiat (cost basis). USD 0.1 and 0.05 increments are psychological levels, probably. If there are mining hoards in weakish hands the recent 40% rise should coax them out of hiding. If such hoards are depleted, this ramp could run for quite a while.



Amusing: btc is more stable than climbing USD, over the past few months. Obviously a superior reserve currency



Aside: I am long wheat futures for a nice swing. Watching oil and gold for capitulation Real Soon Now. When that happens I expect to short EURNOK again.

24 was irresistable too.While traders and hedgers tend to think in terms of btc (cost basis), miners (suppliers) tend to think in terms of local fiat (cost basis). USD 0.1 and 0.05 increments are psychological levels, probably. If there are mining hoards in weakish hands the recent 40% rise should coax them out of hiding. If such hoards are depleted, this ramp could run for quite a while.Amusing: btc is more stable than climbing USD, over the past few months. Obviously a superior reserve currency

Regarding Oil: It broke it's YTD support zone of 46.xx (which was tested two times this year), so there is room to go down. However, we got the 41.xx support zone coming up (from 2009). Do you think it will capitulate in that zone? Because if that breaks there is a lot of room to go down. Also, there are some rumours Iran's sanctions are lifted and thus supply will increase (



Regarding Gold: I think it has a lot of room to go down, but I mainly base this of Armstrong's predictions. In addition, it's still way above the long term mean:







Regarding XMR: Weekly MACD is turning green, in the past the meant a lot of room for upwards movement. However, there are a lot of resistances coming up before we'll surpass 0.003



@S3052: Great report, keep those going! Regarding Oil: It broke it's YTD support zone of 46.xx (which was tested two times this year), so there is room to go down. However, we got the 41.xx support zone coming up (from 2009). Do you think it will capitulate in that zone? Because if that breaks there is a lot of room to go down. Also, there are some rumours Iran's sanctions are lifted and thus supply will increase ( http://www.bloomberg.com/news/articles/2015-08-02/iran-s-oil-minister-says-output-to-rise-one-week-after-sanctions ).Regarding Gold: I think it has a lot of room to go down, but I mainly base this of Armstrong's predictions. In addition, it's still way above the long term mean:Regarding XMR: Weekly MACD is turning green, in the past the meant a lot of room for upwards movement. However, there are a lot of resistances coming up before we'll surpass 0.003@S3052: Great report, keep those going! Privacy matters, use Monero - A true untraceable cryptocurrency

Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/

jehst



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21 million. I want them all.







Hero MemberActivity: 798Merit: 100021 million. I want them all. Re: [XMR] Monero Speculation August 06, 2015, 06:47:55 PM #7614 XMR is mostly traded in BTC. But if the demand for XMR is denominated in fiat, then XMR:BTC will rise when BTC:USD goes down.



Perhaps the people who are buying XMR are thinking in terms of fiat, not BTC.



If that's true, then the lower BTC:USD goes, the stronger the possibility that XMR decouples from BTC completely or even surpasses it. Year 2021

Bitcoin Supply: ~90% mined

Supply Inflation: <1.8%

TrueCryptonaire



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LegendaryActivity: 1092Merit: 1000 Re: [XMR] Monero Speculation August 06, 2015, 06:53:13 PM #7615 My speculation:



I lifted my trading/marketmaking sell a few hours earlier since Monero looks strong right now.

The bull trend is pretty early and as said, the ressitance is 10-15 % ahead from the current price level.

For an accumulator the resistances are sweet spots to hoard larger amounts.

Current level is a miniresistance but the volume is here right now so I would not be surprised if we would reach the next resistance zone in upcoming days.

I hope the liquidity stays in the markets.

MilkyLep



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Hero MemberActivity: 583Merit: 500Bitcoin for all & all for Bitcoin Re: [XMR] Monero Speculation August 06, 2015, 07:15:01 PM #7617



So I can't imagine there will be many profit takers sub .003. Seems more like time to buy back in level and see where this goes? Cmon guys I said dump not pump, whats with all the competition?So I can't imagine there will be many profit takers sub .003. Seems more like time to buy back in level and see where this goes? Either you own the bitcoins (private keys) or you don't. However with moneroj , nobody knows what you own.

Secure. Private. Untraceable.