your first prediction of flash crash to 400 was right but your second prediction on the reversal was and is wrong, you have been calling a reversal from 550 all the way down to $400, sadly we broke that 400.

now there is 2 scary facts, China is really closing accounts on the 15th of April and this is confirmed, now Australia will be closing all Bitcoin business related accounts on the 2nd of may; now  it is unclear for me how there is a chance of a reversal !! till then, I don't know if we reached the bottom yet...

and it is gone....

I think I am getting greedy, I just sent some of my savings to Bitstamp, if the price will drop more I will risk and add some more coins to my stash, I have mixed feelings about this as I don't know what is the point of growing my stash at this point.

cant handle the truth so lets ban it ? Banning things will make people insist, especially if you don't prove your point, it is a reverse psychology , but never mind, a debate becomes impossible when the involved parties take the fanatic path, I  cant see what are the benefits from sharing our point of views here when you have the privileges to ban anything you don't like/agree with instead of debating the possibility of it being wrong with some common sense.

therefore, I ban my self from posting in this thread, no hard feelings

the data is refreshed every 5-15 minutes, taken from these exchanges http://www.cryptocoincharts.info/v2/markets/info  (huobi is not listed yet)

you can check the data daily if you want here http://www.cryptocoincharts.info/v2/coins/graphicalComparison

Free market speaks for it self, people vote (invest) for what suites their needs, it could be innovation, or experimenting or making quick profit or helping a cause or just getting tricked and being scammed thinking they are doing one of the previous things, but surely I dont 100% agree with this article for many obvious reasons.

 also it seems a bit strange that a silver vault owner would be against alts (the classic Gold, silver and diamond debate), therefore not all alts are pump and dump schemes which I thought it was obvious, some Alts exist for for the same reason Bitcoin existed in the first place which is experimenting and many people here forget that, don't ignore the fact that we are still Beta and everything could fail.


I dont mind Alts at all, but I get annoyed of the Scams going around ( which makes me think again, any greedy deserve to learn the hard way) once you get afraid of one Alt it means it is the time to invest into it, because why should it scare you? in a free market an alt that is shitty or a scam would die in a matter of months if not weeks and we've seen that in the past couple of years so....I try to look every now and then to see if there is any interesting alts.

therefore, I would rephrase: "because there is so many scam coins out there, that were created just to pump and dump and will die quickly, I think it is safer to invest into Bitcoin as a safe option"

the only two coins that I would consider at the moment are Bitcoin, Litecoin.... look at other alts, their market cap and volume is so tiny that you cant see the name of the bubble at all.

To  objectively analyse this market, I think we need some TA experts who are not involved in Bitcoin at all but understand the concept of this innovation, and we need them to do pure analyses without getting emotional (for or against) in other words.

Because I find it hard my self, when you get involved you get attached to your investment and the whole idea, and no matter how you try to be objective, your conscious tends to always influence your decisions.

Seems that choosing Redhat was always a good choice for big companies:


Windows not effected    I was just wondering if this would effect my server, I hate IIS but I had to use it on my homeserver, surprisingly my certificate is not effected , I don't run anything important only a blog and my home server but YAY 

one thing is certain, people are not selling in big quantities and the ASK bookorder looks really thin.

the site looks really clean, modern and easy to use, but I don't agree or think that adding Litecoin would disrupt the professionalism or the look of it   we can discuss this thing all day and night, but hey, it is up to them... we are just wasting our time discussing this matter here 

I don't know, we will see about that, I have been trading exclusively on Bitstamp for more than a year now, and I don't feel comfortable anymore using BTC-e for my Litecoin trading, Kraken has almost 0 volume, bitfinex seems like a good replacement but the volume is still really low.

 Bitstamp is the only exchange not trading Litecoin, I get your frustration about "the what Litecoin adds"... usually it is a business decision and not what I think or what do you think but what the market is voting for. in other words market needs.

Ok, let me be clear, I remember once when we were changing servers (my previous job) and our infrastructure for the last 15 years was all bought from Dell, now as I was the latest addition to the team I was open to pretty much anything, but the older Admins didn't want to go HP because they didn't see why HP instead ? Dell hardware works same, even better because they Had years of experience and they were used to it,  for some reason the Regional business team decided HP.....

Long story short, some members of the team didn't like it but they got use to it and I think the company did benefit out of this big time.... I can tell you many examples but I am sure you do understand what I am trying to say here

I've been watching that chart for the last 4 months, and indeed it is the most traded coin ( since I started watching)

NXT maybe ? Dogecoin ? no ? what about shitcoin ? yes it does exist.... 





mmmmm now what would Bitstamp do ?   (hazek: vem da nisi ravno fan altov samo to je mal za hec  , enkrat bom prišel k vam na kavico pa bova o tem debatirala, da ti mal adrealin steče po žilah, PS: nisem fan altov, samo litecoin je razred zase... ja, zato ker jih imam )

Bitstamp had about the same volume, forget about December/November.... because at that rally all exchanges had huge volume even the new small ones.

people, it is about time to stop trusting huobi moves and book order, remember last time when someone dumped Litecoin all the way to 1 RMB ?  this is what is called phantom orders; you can see them on the book order but once you initiate a market sell order you get fucked, it is just then when you find out that you were selling to a very thin bookoreder.

also note that all trades are exaggerated, many trades happen at once, I've never seen only one trade getting executed, it has to always few trades at once, even at the slowest days when there is no volume in other exchanges at all, Huobi somehow have the biggest volume.


and BTW, the 0% fee trick is just a cover, and it is not just Huobi, also OKcoin, FXBTC, the only Chinese exchange that I would trust is BTCChina, their volume seems realistic,

I don't own this product (yet), but from watching all the Videos around and the positive feedback, I can say indeed, really professional design and work.


Sadly, the price doesn't reflect my expectations, especially now that Bitcoin's price is really low, I hope we will see a better pricing scheme for this products so we will be all able to get few miners.


Good luck.

anyone here trades on bitfinex? what is the overall experience there ? are they trustworthy ? 

they say that they are in Beta, so where are they located and do we know the owners....to be honest, I was trading Litecoin exclusively on BTC-e, but I don't feel comfortable with leaving my funds there for more than a couple of hours, I get really nervous, I missed many opportunities because of that... now I am considering to move to Bitfinex for the time being until bitstamp adds Litecoin.


I only need to trade LTC/USD and vice-versa without the need to withdraw Fiat, so do I need to be verified ?

 

my eyes hearts because of reading your posts lately....

I always wanted to bookmark this thread by posting something but never had the chance to do so, but today I am going to do it by posting my old GPU mining rigs ( not all mine my mining partner as well)


 The Pictures of the latest retired rigs (5970, 7970,7950), I don't have pictures of the previous mining rigs (5850, 5870) still the 4x7970 with the changed fans in the 1st picture are bought from another miner after the block halving, we've always upgraded through time but in March 2013 when AVALON started shipping and Bitcoin GPU mining was almost dead I went to Litecoin mining for few of months then stopped completely  in August and I sold all the cards.









after that, we've bought 3 used jalapenos, these are about the only ASICs we have ever owned and we didn't have them for a long time as well (2 weeks I think) and sold them for the same price I bought for: