so many desperate bulls.  You mean bears? Those are big sell walls but still there is no panic selling  Still hope it goes down little more... made some nice profit on ltc in last days! Wanted to withdraw that fiat, but I think I will spend it on btc  please give them time to digest the current situation. |
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so many desperate bulls. |
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Maybe this was just the last bulltrap
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usd swaps going up on bitfinex.
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like I said, ltc is performing better because ltc market is very illiquid.
and yea, I think ltc is pretty much dead.
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ltc made the move first, again.
thats it for today folks, see you below 500.
Time to cut your shorts loose or you will end without a shirt! mmm, no. |
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ltc made the move first, again.
thats it for today folks, see you below 500.
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... I really dont see a bubble coming like last year.
Passphrase recognized. Ignition sequence engaged. Countdown begun. to 505 ! |
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Canīt wait for that LTC short squeeze on Finex, orderbook (3:1 bullish for 0,70$ difference) and shorts stats still look funny.
LTC is very dangerous right now. while a short squeeze is possible, i think it's more likely that the top is in for now. if 31~ CNY support falters, i could see a steep fall ahead... very true. actually, I have a feeling that this bitcoin bounce from 440 territory is ltc related. someone pumped some fresh fiat from btc-e and bitfinex bitcoin liquidations into highly illiquid ltc market, hoping for a major btc push. not going to happen. |
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BTCChina  BTW: I stopped using any kind of TA, iīm only using the Walsoraj indicator for now. so, the last time btc china had no fees, we had a bubble. does that mean that we will have an downward bubble now? |
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This graph is circulating:  Thoughts? That is not the trendline that people were posting until six months ago. It has been modified to make it look like the current price is still within the historic channel, when in fact is has strayed below it. Even if the price were to fall to 300$ for the next six months, we can be sure that someone would redraw the channel to say that bitcoin is "undervalued", rather than stopped following the exponential trend.  lol |
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It was easier making money when we had the daily $60 swings. I miss those good old days  Because that time Bitcoin market was not mature, but now Bitcoin market behaving very maturely. It is good we are not moving like 50-60 USD everyday. not actually. the truth is that before we had mtgox lags and bots. |
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posting exponential "super" trendlines, calling bottoms - > time to short. |
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so, now bitcoin follows litecoin? that is not going to end well.  |
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If you notice there are spikes about half way through every round then it settles at a certain point. I wonder why this is? Anyways Bitmain will have to come down in price since the release date is 2+ diff increases away.
someone figured out that he will make more btc if he turns off his big mine for 2~3 days. those 2~3 days offline are a good trade off, because the difficulty for the next two week should be somewhat lower. That myth has been debunked by simple math. Regardless of what pool payment method (PPS, PPLNS, etc) it is never feasible to hold back hashing power to earn more - unless you're 100% of the hashrate. yes, I was referring to ASIC producers that are solo mining and selling devices to the general public. |
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If you notice there are spikes about half way through every round then it settles at a certain point. I wonder why this is? Anyways Bitmain will have to come down in price since the release date is 2+ diff increases away.
someone figured out that he will make more btc if he turns off his big mine for 2~3 days. those 2~3 days offline are a good trade off, because the difficulty for the next two week should be somewhat lower. |
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If volume is lower and lower in a capitulation, it is a sign of a lack of sellers.
(Buyers are patently lacking, otherwise we were not in a downtrend at all..)
rpietila calling buttom again - > move your bids lower. |
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