Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
explorer
on 17/09/2016, 02:19:21 UTC
Did you pull that trigger yet? How low can we go as chuck d says?  Grin

Me? No not yet, although this doesn't seem like a bad spot

Agreed. The crazy part to me is that the depth chart never changes. Always way more buyers than sellers, yet constant dumping.

Do you think all the newbies who bought at the ATH are now dumping at a loss? This coin is awesome, it's the best rollercoaster ever, I feel like a bitcoiner did back in 2010-11 etc. Cheesy

Someone with significant resources has a bot playing the book like an instrument.  Earlier aminorex guessed that 95% of the book belonged to this entity.  Wouldn't surprise me.  I've been watching this market for over 2 years, and never seen such precise control as the last few weeks.  Maybe just better bots, I dunno.  Either massive accumulation, or the accumulation was done earlier, and now it's a divestment game.  I'm not finished accumulating, but I'd rather be forced to buy at higher levels than drag down much further.  It's damaging to jack it around so much.