Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
aminorex
on 06/09/2016, 03:15:26 UTC
The influx would be several magnitudes below the nominal market cap increase.

IIRC someone did a calc to the effect that $1 inflow moved cap by ~$10 during one or another of the btc bubbles.  Anyhow, what moves btc cap by 600 could move XMR cap by 600.   I'd find that amusing.

EDIT - spoke too soon

Seems to be reacting well. I'm surprised it isn't melting the thin support.

The whole market (both sides) must be like 95% our whale accumulator friend.  He's got the price on a very tight collar.  Any time now I guess he'll decide to whip his hair back and forth.  Dude knows his bidnis.