Quote from: ArticMine on August 09, 2016, 11:43:44 PM

Quote from: aminorex on August 09, 2016, 09:02:50 PM

Until this pattern of higher highs and higher lows is decisively broken, I can no longer justify my cheap/dear brackets. Nothing is too dear if the price is up every single week, week in and week out. You can't make a market if you can never buy cheaper than you sell.

Frankly, I have run out of xmr I am willing to sell before GUI/RingCT/mulitsig levels are discovered. Hopefully other players will provide liquidity at these levels. Sadly I let my book get too imbalanced, so I am out of business for now. Cold wallets are sacrosanct.

I am leaving bids scattered in hope that someone decides to buy a boat, but my hopes for a fill are slim.

Market making with a crypto currency like Monero can be very trough. As you correctly point out the market is going to have to find the appropriate levels after the GUI, and also after RingCT/multisig.

Edit: There is also the question of 0.0042-0.0043 XBT levels form a technical perspective. Monero has been in a trading range from 0.0009-0.0043 XBT since August 2014. A breakout from this trading range could be very sharp.

Most of the users that post in this thread probably would agree (they can chime in, perhaps I am wrong in my assumption) that "finding" the price is implicit that the price could fall as well, which it could.

I suspect good news such as more usability with a GUI and better privacy features with RingCT will net a higher found price than as of late.

Just my two cents.