The XRP Investor Thread | |
T-Man
Entitled title User ID: 78270630 Netherlands 10/18/2021 05:57 PM Report Abusive Post Report Copyright Violation | Any ideas why XRP moved down today? Lumina, as soon as you are well, XRP will be on the rise. Quoting: pool everything did. just check [link to coinmarketcap.com (secure)] its pretty impressive XRP moves just like that rest even while having its own unique situation going on |
Anonymous Coward User ID: 80073096 United States 10/18/2021 06:09 PM Report Abusive Post Report Copyright Violation | Any ideas why XRP moved down today? Lumina, as soon as you are well, XRP will be on the rise. Quoting: pool everything did. just check [link to coinmarketcap.com (secure)] its pretty impressive XRP moves just like that rest even while having its own unique situation going on still needs explainin'.../S eta...what are your thoughts?? |
Anonymous Coward User ID: 80073096 United States 10/18/2021 08:27 PM Report Abusive Post Report Copyright Violation | |
nemo_solus
User ID: 78499066 Latvia 10/18/2021 09:18 PM Report Abusive Post Report Copyright Violation | Any ideas why XRP moved down today? Lumina, as soon as you are well, XRP will be on the rise. Quoting: pool Can't say specifically about today, but the daily chart of XRP shows the basic consolidation pattern and various supports: https://imgur.com/a/eRK8NLG |
Edmond Dantès
User ID: 80401774 United States 10/18/2021 11:45 PM Report Abusive Post Report Copyright Violation | Can’t link right now but on Twitter Crypto Whale reporting 6.3 Billion in Tether has gone missing from their website And KYC is now required to trade Crash incoming imho Tether on the run Last Edited by Edmond Dantès on 10/18/2021 11:46 PM |
Anonymous Coward User ID: 80073096 United States 10/19/2021 04:19 AM Report Abusive Post Report Copyright Violation | |
bodhidharma
User ID: 28012780 Canada 10/19/2021 01:53 PM Report Abusive Post Report Copyright Violation | Can’t link right now but on Twitter Quoting: Edmond Dantès Crypto Whale reporting 6.3 Billion in Tether has gone missing from their website And KYC is now required to trade Crash incoming imho Tether on the run the rug pull will be of epic proportions lot of people will lose $ in btc, eth & will be very mad "We are living in times where all deceptions will be revealed" |
T-Man
Entitled title User ID: 78270630 Netherlands 10/19/2021 01:57 PM Report Abusive Post Report Copyright Violation | Can’t link right now but on Twitter Quoting: Edmond Dantès Crypto Whale reporting 6.3 Billion in Tether has gone missing from their website And KYC is now required to trade Crash incoming imho Tether on the run the rug pull will be of epic proportions lot of people will lose $ in btc, eth & will be very mad sounds like a bad time all around for crypto. but those two suck anyway hope i sell my btc leverage in time tho lol |
T-Man
Entitled title User ID: 78270630 Netherlands 10/19/2021 02:02 PM Report Abusive Post Report Copyright Violation | |
bodhidharma
User ID: 28012780 Canada 10/19/2021 02:28 PM Report Abusive Post Report Copyright Violation | Can’t link right now but on Twitter Quoting: Edmond Dantès Crypto Whale reporting 6.3 Billion in Tether has gone missing from their website And KYC is now required to trade Crash incoming imho Tether on the run the rug pull will be of epic proportions lot of people will lose $ in btc, eth & will be very mad sounds like a bad time all around for crypto. but those two suck anyway hope i sell my btc leverage in time tho lol will be bad time for non useful cryptos, that $ has to flow somewhere ;) bye bye speculative phase, hello utility this is funny https://twitter.com/_/status/1450050130707615748 "We are living in times where all deceptions will be revealed" |
Anonymous Coward User ID: 80073096 United States 10/19/2021 02:48 PM Report Abusive Post Report Copyright Violation | |
T-Man
Entitled title User ID: 78270630 Netherlands 10/19/2021 03:39 PM Report Abusive Post Report Copyright Violation | about to break the all time high of the complete market [link to coinmarketcap.com (secure)] Last Edited by T-Man on 10/19/2021 03:40 PM |
T-Man
Entitled title User ID: 78270630 Netherlands 10/19/2021 03:53 PM Report Abusive Post Report Copyright Violation | |
T-Man
Entitled title User ID: 78270630 Netherlands 10/19/2021 04:00 PM Report Abusive Post Report Copyright Violation | |
Vision Thing
User ID: 80887835 United States 10/19/2021 10:34 PM Report Abusive Post Report Copyright Violation | |
nemo_solus
User ID: 78737295 Latvia 10/19/2021 11:37 PM Report Abusive Post Report Copyright Violation | Is it like being poised at the top of the roller coaster? Quoting: Vision Thing Or - is there still room to the upside of this? Rhetorical question of course. Here's what the BTC:USD Order Book over on Coinbase Pro has formed up into over the past 10 days or so: https://imgur.com/a/io2AUY8 You can see that over time, the price has moved up to the $65k level (that has been strengthening over time) as well as new interest forming over $65k up to around $70k. At the beginning of the time (~Oct 9), there was more room to move up to the $65k level than there is now, but since there is increasing interest up to $70k, it does potentially show some more room to move that way. Conversely, there is more empty space below the current price, so movement can happen in that direction without much resistance (this is one of the reasons crypto can have such big and sudden price swings in either direction) but there isn't much volume down there at the moment except for the $50k area you can see beginning to form up since ~14:00 on the 18th and the new area forming around 15:00 today around $61.4k. Fundamentally, I think the ETF news is pumping the price and inevitably there will be profit taking at some point. As always, the question is when and by how much in either direction. Do you have any thoughts on this? Last Edited by nemo_solus on 10/19/2021 11:45 PM |
Vision Thing
User ID: 80887835 United States 10/19/2021 11:54 PM Report Abusive Post Report Copyright Violation | I guess I'm one who believes that the markets are manipulated. But I just have my own point of view, not sure it's of any value. I'm still kind of stuck on this tweet from a year or two ago that is from some post from some other board that probably can't be named, it seems as plausible as anything, everything is wide open to interpretation. I like to think that I'm always open to new information and new aspects to all of this. [link to twitter.com (secure)] https://twitter.com/_/status/1322918639453020165 |
bodhidharma
User ID: 28012780 Canada 10/20/2021 12:26 AM Report Abusive Post Report Copyright Violation | I guess I'm one who believes that the markets are manipulated. But I just have my own point of view, not sure it's of any value. I'm still kind of stuck on this tweet from a year or two ago that is from some post from some other board that probably can't be named, it seems as plausible as anything, everything is wide open to interpretation. I like to think that I'm always open to new information and new aspects to all of this. [link to twitter.com (secure)] https://twitter.com/_/status/1322918639453020165 iso2022 papers say it will happen o v e r n i g h t "We are living in times where all deceptions will be revealed" |
nemo_solus
User ID: 78737295 Latvia 10/20/2021 12:28 AM Report Abusive Post Report Copyright Violation | I guess I'm one who believes that the markets are manipulated. But I just have my own point of view, not sure it's of any value. I'm still kind of stuck on this tweet from a year or two ago that is from some post from some other board that probably can't be named, it seems as plausible as anything, everything is wide open to interpretation. I like to think that I'm always open to new information and new aspects to all of this. [link to twitter.com (secure)] https://twitter.com/_/status/1322918639453020165 Thanks - it's a great point of view and certainly of value! Completely in agreement that the markets (both traditional and crypto) are manipulated. As a sage man once said: "it's a big club and you ain't in it" and it's absolutely true in my case. :) One of the reasons I'm learning to trade on short time frames is to be like the small fish that swims parasitically aside the whales at sea. The crypto Whales move the market and as the small fish I just try to surf their bow wave and not get caught in their wake. By studying the order book, you can see the Whales waves. Charts and TA may or may not be an actual predictive tool, but if enough people use it (either manually or via bots) and believe in it, it becomes reality. |
Anonymous Coward User ID: 80073096 United States 10/20/2021 04:20 AM Report Abusive Post Report Copyright Violation | |
nemo_solus
User ID: 78737295 Latvia 10/20/2021 08:05 AM Report Abusive Post Report Copyright Violation | Is this something you do everyday? I'd like to know more about it than just simply buys and sells (if there is more). Hi pool, It's more a real-time thing than a periodic daily check. The state of the order book is constantly making small changes due to normal ebb and flow of organic interest but there are also several ways you can spot price manipulation as well. The most obvious is the large static orders placed on both the buy and sell sides that are used to move the price in the desired direction. Often, these volumes are never intended to fill and are placed above or below the Whales target price. Once the price has reached the target, the volume is removed, often resulting in a sudden major swing reaction in price. Another way to manipulate the price is the dynamic use of code to place smaller volume closer to the current price to move it in the desired direction. An analogy is order book volume sort of acts like gravity to mass or magnetism to metal on the current market price and there is an inverse square (maybe not literally this mathematical relationship, but hopefully you see the point here) reaction to the manipulation volume to the resulting market price direction. Hope that makes sense! Last Edited by nemo_solus on 10/20/2021 12:03 PM |
Bad Pattern
User ID: 79040234 United States 10/20/2021 08:33 AM Report Abusive Post Report Copyright Violation | Is this something you do everyday? I'd like to know more about it than just simply buys and sells (if there is more). Hi pool, It's more a real-time thing than a periodic daily check. The state of the order book is constantly making small changes due to normal ebb and flow of organic interest but there are also several ways you can spot price manipulation as well. The most obvious is the large static orders placed on both the buy and sell sides that are used to move the price in the desired direction. Often, these volumes are never intended to fill and are placed above or below the Whales target price. Once the price has reached the target, the volume is removed, often resulting in a sudden major swing reaction in price. Another way to manipulate the price is the dynamic use of code to place smaller volume closer to the current price to move it in the desired direction. An analogy is order book volume sort of acts like gravity to mass or magnetism to metal on the current market price and there is an invest square (maybe not literally this mathematical relationship, but hopefully you see the point here) reaction to the manipulation volume to the resulting market price direction. Hope that makes sense! Greeeeeeeen. Thank you!!! ~BP |
BelieveNoone9287
User ID: 77008450 United States 10/20/2021 09:22 AM Report Abusive Post Report Copyright Violation | I guess I'm one who believes that the markets are manipulated. But I just have my own point of view, not sure it's of any value. I'm still kind of stuck on this tweet from a year or two ago that is from some post from some other board that probably can't be named, it seems as plausible as anything, everything is wide open to interpretation. I like to think that I'm always open to new information and new aspects to all of this. [link to twitter.com (secure)] https://twitter.com/_/status/1322918639453020165 What gets me about this post is the person said fxrp will be minted for the retail investor, and from my pretty limited understanding, fxrp is xrp that has been staked on the flare network. Which brings me to my question that I was going to ask you guys today when I logged on and saw your post. Does anyone know what is going on with the flr tokens and what the hold up is? I think its bizarre I've received songbird, and flr was supposed to start being distributed in June, then July, here we are in mid Oct and nothing. Are they waiting for the lawsuit to be over? I can't find much of anything through google |
Anonymous Coward User ID: 80073096 United States 10/20/2021 09:35 AM Report Abusive Post Report Copyright Violation | Hi pool, Quoting: nemo_solus It's more a real-time thing than a periodic daily check. The state of the order book is constantly making small changes due to normal ebb and flow of organic interest but there are also several ways you can spot price manipulation as well. The most obvious is the large static orders placed on both the buy and sell sides that are used to move the price in the desired direction. Often, these volumes are never intended to fill and are placed above or below the Whales target price. Once the price has reached the target, the volume is removed, often resulting in a sudden major swing reaction in price. Another way to manipulate the price is the dynamic use of code to place smaller volume closer to the current price to move it in the desired direction. An analogy is order book volume sort of acts like gravity to mass or magnetism to metal on the current market price and there is an invest square (maybe not literally this mathematical relationship, but hopefully you see the point here) reaction to the manipulation volume to the resulting market price direction. Hope that makes sense! absolutely. plus explains why my daily buying limit is $100k. |
Anonymous Coward User ID: 80073096 United States 10/20/2021 09:38 AM Report Abusive Post Report Copyright Violation | |
T-Man
Entitled title User ID: 78543020 Netherlands 10/20/2021 10:50 AM Report Abusive Post Report Copyright Violation | |
nemo_solus
User ID: 78756435 Moldova 10/20/2021 12:04 PM Report Abusive Post Report Copyright Violation | Is this something you do everyday? I'd like to know more about it than just simply buys and sells (if there is more). Hi pool, It's more a real-time thing than a periodic daily check. The state of the order book is constantly making small changes due to normal ebb and flow of organic interest but there are also several ways you can spot price manipulation as well. The most obvious is the large static orders placed on both the buy and sell sides that are used to move the price in the desired direction. Often, these volumes are never intended to fill and are placed above or below the Whales target price. Once the price has reached the target, the volume is removed, often resulting in a sudden major swing reaction in price. Another way to manipulate the price is the dynamic use of code to place smaller volume closer to the current price to move it in the desired direction. An analogy is order book volume sort of acts like gravity to mass or magnetism to metal on the current market price and there is an inverse square (maybe not literally this mathematical relationship, but hopefully you see the point here) reaction to the manipulation volume to the resulting market price direction. Hope that makes sense! Greeeeeeeen. Thank you!!! ~BP Thanks! |
bodhidharma
User ID: 77763309 Canada 10/20/2021 02:06 PM Report Abusive Post Report Copyright Violation | Probably no Flare or airdrops until regulations They seem to be waiting for the most opportune moment to announce (could be stock market going down or Tether cutting the legs from under BTC) BTW a crypto market without so much manipulation is a good thing, just accumulate some favourite projects & wait "We are living in times where all deceptions will be revealed" |
Vision Thing
User ID: 80887835 United States 10/20/2021 04:02 PM Report Abusive Post Report Copyright Violation | I guess I'm one who believes that the markets are manipulated. But I just have my own point of view, not sure it's of any value. I'm still kind of stuck on this tweet from a year or two ago that is from some post from some other board that probably can't be named, it seems as plausible as anything, everything is wide open to interpretation. I like to think that I'm always open to new information and new aspects to all of this. [link to twitter.com (secure)] https://twitter.com/_/status/1322918639453020165 What gets me about this post is the person said fxrp will be minted for the retail investor, and from my pretty limited understanding, fxrp is xrp that has been staked on the flare network. Which brings me to my question that I was going to ask you guys today when I logged on and saw your post. Does anyone know what is going on with the flr tokens and what the hold up is? I think its bizarre I've received songbird, and flr was supposed to start being distributed in June, then July, here we are in mid Oct and nothing. Are they waiting for the lawsuit to be over? I can't find much of anything through google Songbird is "the canary in the coal mine" being used to test Flare networks, that's my understanding. It's a full on Beta test before the actual implementation with Spark tokens. |
nemo_solus
User ID: 78499066 Latvia 10/20/2021 10:00 PM Report Abusive Post Report Copyright Violation | Just for fun, was doing a little "sanity check" on the much-promoted concept out there that BTC will hit $100k before the end of the year 2021. Here's a look at the 4 hour chart of the BTC price with a simple linear projection using a regression channel (+2/-2.1 std. deviation boundaries) starting with the September low. https://imgur.com/a/P095Yvx As you can see, if the price stays in the channel, it theoretically will reach the $100k level sometime between late November and early December, so that "$100k prediction" does appear at least feasible. I'm not saying that it will happen, just wanted to share the thought. Last Edited by nemo_solus on 10/20/2021 10:15 PM |