Quote from: dEBRUYNE on June 08, 2015, 08:48:52 PM

Quote from: Std52stp on June 08, 2015, 08:34:49 PM

Quote from: binaryFate on June 08, 2015, 02:26:46 PM

this is insane...... I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time? Huh

? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

[1] The guy who put that buywall there already owns a lot of XMR. He could be propping up the price, but his last buywall was bought, so it also could be just a genuine buy wall whereby he doesn't care too much which price he'll get.

[2] Although XMR is fairly P&D proof due to it's high inflation, there is no way you can exclude pumpers (speculators) at all and develop a cryptocurrency which is P&D resistant. As long as the cryptocurrency scene is unregulated for most part, it will attract people with malicous intents. Furthermore, P&D still exists on stock exchanges that are regulated, so probably regulation won't scare them off anyway.

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.