Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?
It was the same in the last BTC runup. First, LTC was falling and falling, LTC doomsday prophecies were filling the air. "LTC is dead!!!" and so on. Then, the LTC/BTC ratio suddenly jumped from 0.0075 to 0.05 in a matter of 1 week !!! Same with many of the other alts. I would never call the end of some alt too early, those little suckers are full of nasty surprises!  Once upon a time, the majority of crypto investors had not experienced the burning side of a p&d. Not true now. Today, to have staying power, at a leading tier marketcap, a coin has to have compelling features. LTC does not. I expect DRK to fail on its snake-oil promises, eventually, but I expect it to outperform LTC by a nautical mile for a long while, perhaps forever. Yes, LTC has historically lagged BTC and overshot its spikes. I expect most of that positive beta will be embodied by other alts with better distinctives this time. NXT and MRO are obvious candidates (leaving DRK aside for the moment). A couple of weeks back you were more skeptical about NXT. What changed your mind, if indeed it has changed? NXT Asset Exchange + BIG community backing it... Don't go putting all your eggs in the NXT basket, given its origin it has a rather concentrated initial distribution, I may go so far as to relate it to ripple, then there is the Kenzan paradox of thrift, the paradox is managed in fiat with money inflation discouraging saving, NXT rewords Savings and encourages the paradox to the detriment of it as a useful means of exchange and ultimately a store of value. I have yet to see other functionality to counterbalance this but it may exist or emerge. I am one of the 73... |
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Could you guys find coinmarket.io too?
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Latest NXT fiasco, just wow.
People are sending private messages to each other, thinking they are encrypted, and they are not.
This is what happens when you don't think things through and just trow them in the pile.
I am sure it will be fixed in the next version of clients, but for christ sake...
PGP is ALWAYS a friend  |
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Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?
It was the same in the last BTC runup. First, LTC was falling and falling, LTC doomsday prophecies were filling the air. "LTC is dead!!!" and so on. Then, the LTC/BTC ratio suddenly jumped from 0.0075 to 0.05 in a matter of 1 week !!! Same with many of the other alts. I would never call the end of some alt too early, those little suckers are full of nasty surprises! Once upon a time, the majority of crypto investors had not experienced the burning side of a p&d. Not true now. Today, to have staying power, at a leading tier marketcap, a coin has to have compelling features. LTC does not. I expect DRK to fail on its snake-oil promises, eventually, but I expect it to outperform LTC by a nautical mile for a long while, perhaps forever. Yes, LTC has historically lagged BTC and overshot its spikes. I expect most of that positive beta will be embodied by other alts with better distinctives this time. NXT and MRO are obvious candidates (leaving DRK aside for the moment). A couple of weeks back you were more skeptical about NXT. What changed your mind, if indeed it has changed? NXT Asset Exchange + BIG community backing it... |
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Can someone tell me where these rumours about Bitstamp being insolvent came from & is there even a remote possibility that it's true?
Out of trolls asses.. |
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This is a partial order book image! |
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Hi bagholders!!! |
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Just realised that 680USD = 500eu hmmm
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I have a feeling that we will hit this wall up to the end of week - either we will go back @550 or about 1000..
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Probably the case hehe  |
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One step at a time.
We're not even at $600 yet.
Of course but I am asking more 'long term' (whatever this maybe lol) |
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Where can I have a good graphical view of Bitstamp orderbook?
Like in the official site but with zoom in/out feature...
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It will greatly depend on how fast we rise...
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MRO is shining because it has a value proposition (privacy), it has a community, and the coin is still 95% not mined and mineable by anyone (non GPU/ASIC). The competitor, DRK, is centralized, has half of the current supply instamined, and it a lot more expensive. This was an easy choice really.
I don't know XCP that's why haven't mentioned it. It is 100% premine so why should I care?
With a P2P exchange it would be useful to exchange BTC<>MRO as a method of making BTC anonymous. Even if MRO isn't used as a currency it could be valuable as a tool for BTC. Almost like an optional add-on. NXT AE, even better to have another coin in the mix... |
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2 weeks ago I posted that there is a risk for a retest of 350, but that afterwards we would have 7 upweeks until 650 in the end of June.
Well the first part never materialized, but the second one is doing well. If we adjust the low point to 420, it would mean about 800 in the end of June.
Bitcoin typically surprises with its speed. Many months ago people calculated that July would be the time to make a new top, but many have renounced those predictions since, because the downtrend was so terrible. We have 9-10 weeks until the end of July, and Bitcoin is very capable of rising to $5/mBTC in that time.
It is also possible that we see some stabilization at a certain sub-ATH level. What I don't believe, however, is that we will see prolonged corrections from the trend high point. Typically the corrections in an uptrend are short. Flashcrashes that are instantly bought back are a feature that we are in a solid uptrend.
The sell zone trigger price in 2014-7-31 is $5.2-$5.8.
5k-6k USD per BTC, right? |
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I suppose most of you are too busy buying lol
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..or we will find good resistance?
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Pumping the shit out of an altcoin, making it surpass BTC market cap, then dump them (while BTC will have already crashed) and scare everyone in investing in cryptos for the next 150 years.
Only useful coins will survive (like a real anonymous coin - not the DRK and MRO crap)...
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