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is genesisblock launched already? When?
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looking at other cryptomarkets:
this looks pretty bad. Litecoin really low too.
Hope this is the final valley for coins. Could turn out to be the lowest point of the year. (hope so,and also looks that way when you zoom in and out a bit)
When things go up again one day people who accumulate around this time will be pretty happy probably
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i don't see a merchant selling as a problem.
Coins are sold and bought all day long.
Someone bought them,sold them to you for goods and now you offer them back at the market. It's normal trading in a sense.
You (Coaex) just had some larger purchases, that's why that sellpressure is felt a little.
In the future with higher marketcap merchants selling coins will have less impact on the market. A merchant can only sell a coin someone else bought on the market before.
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Pls give Bittrex market extra attention. They are displaying the delisting warning for Uno. Trading there has be very, very light the past week. We need use them, or we'll lose them.
must be an error by them. We had far greater volume than that 0.2 btc daily past month. Uno is Top 30 coin in volume today on trex. If they have issues ***k them. Must be a mistake by them with the delisting warning ... If they can't keep a coin listed that has a week of weak volume i don't know what to think honestly. @Coaex right now is hard to sell for a good price but good to buy. Markets move up and down. |
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can i have some addnodes please and info on the exact name of the config-file so i can sync? Thanks!  |
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Don't be frightened by our 194 UNO sell order at 0.0063 - Bleutrade Trade was removed after partial fill. that one dances a lot Now it's back. It's tough to do someone a favor, when they are busy playing games. let him dance all he wants. We got time enough. Maybe put up fake sellorders to bid him down to speed it up? Once this round of sellers have parted from their coins it's going to FLY |
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Don't be frightened by our 194 UNO sell order at 0.0063 - Bleutrade Trade was removed after partial fill. that one dances a lot I must say i am pretty happy about all the selling right now. Imagine we would have had that on higher prices. It's very good to get those sellers out early. |
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Cryptsy: wow, these amateurs
wonder how much they lost today.
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i do hope for a doublebottom here best case dip to 280-range again and then MOON This is the point of high risk and high reward. If it breaks below the line i'd get out tbh if no serious new buypressure would be observed very quickly. bottom line:  i'll leave you to discussing now. Need to go. Will check back here within some days. |
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Powerful people are trying to gain larger shares of something they see will be huge in the future of finance
Not really different to every other market, scaremongering is a popular tactic to make people sell but it will not affect everyone thankfully, just the daytraders making noise at this point and tbh they're just fighting over the crumbs compared to the real wealthy individuals in btc
the powerful manipulators who are actually not malicious but only very greedy would be the rescue but i think if they are the reason behind the long bearmarket they could be malicious aswell. A reasonable non malicious investor would realize when he's endangering his own investement. An intelligent manipulator in it for profit will be starting the bullrun close to the trendline. If that doesn't happen the problem is confirmed. |
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sellpressure by merchants is a myth. I don't believe this story. Merchant use is very small compared to tradevolume.
I think the story is a try to explain this market but i think it's not the correct explanation. There is other more important factors than Microsoft selling 500$ worth of items every day for btc.
so in your view, everyone realized how useless this bitcoin tech is and quietly dumping everything they have, i mean that's the only way we could actually reach a Zero?! why now? why not earlier, why ever at all?! no, not everyone realises how useless it is (because it's not). But everyone realises pumping against an inflationrate of 10% annually + Fatty selling your coins back to you + mad asians shortsellers is bogus and that's why it doesn't happen, breaking the longterm trend and trigger serious doubts and maybe even big panicsells from bagholders. If it breaks below and doesn't rebound you'll see a selloff and spikes after that will be used to sell more off - that's when the bearmarket never ends and hope dies. Going to zero and actually stay there will take a year or two but it can be at double digits in the blink of an eye if this line breaks. I wouldn't be surprised. Alternatives will be booming. Everyone will come out of the woodwork and propose their solution to why bitcoin failed of course. |
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sellpressure by merchants is a myth. I don't believe this story. Merchant use is very small compared to tradevolume.
I think the story is a try to explain this market but i think it's not the correct explanation. There is other more important factors than Microsoft selling 500$ worth of items every day for btc.
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more and more people keep finding out and learning about bitcoin, government officials in many countries noticing it. it has many uses, much unrealized yet.
what you say is crypotcurrency in general - not exclusively bitcoin. Crypto will not vanish, but bitcoin could; why not? It's a good first try though and will be remembered in historybooks, that's for sure. Not saying it fails, but saying: good trader has an eye on all possible scenarios and is prepared for big red aswell as big green candles right now. I think it can become very volatile again. Up or down both possible. It's always possible, but we'd have to see a huge amount of hashing power redirected toward an alt. which would naturally happen once it is pumped. Hash and price do have a corelation. scenario: bitcoin dumps to the abyss (for whatever reason), altcoin (s) are pumped, hash moves over. Done in a few days to weeks. Redirecting hash will not be a problem once bitcoin isn't profitable and something else is instead. i have to say though i would prefer bitcoin to start a mayor bullrun right now. But if it doesn't i'll be prepared. |
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bitcoin has been pronounced dead so many times back in 2011 and yet we are all still here somehow.. why would it be different this time, Gustav?
has been pronounced dead by whom? Not me in 2011 ... Who was the sender of the message? Sceptics. Who is the sender this time of the message? People who have been actively using and trading it for more than 1 year, so not the sceptics this time. Again: not saying it certainly does this or that but i see a problem with that line breaking and others will too and that's when it gets potentially hairy - once the super-longterm-trend is broken you are in mid air and have no idea if it's zero the next morning so i think it's more likely to actually go to zero once the line breaks. Actually if we are below that line for 14days+ i'd be ready to make big bets on a total fail within this decade. Actually below the line there is a lot of unease, panic, selling and more selling. No way to get new investors in or a bullmarket going at that point. Crypto is not backed by anything - this makes it possible to rise like crazy but also to go to nothing very fast because it's not tied to anything other than the liquidity in the markets. And the liquidity is what potentially goes away if the growthtrend is broken. Because why hold it if it doesn't grow and just becomes more risky? Only a suicidal person would buy coins below the break of that line. Not catching a falling knife there, bro. It can break the line briefly - no problem but if this shit breaks lower and stays lower i am out the door and others too. |
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more and more people keep finding out and learning about bitcoin, government officials in many countries noticing it. it has many uses, much unrealized yet.
what you say is crypotcurrency in general - not exclusively bitcoin. Crypto will not vanish, but bitcoin could; why not? It's a good first try though and will be remembered in historybooks, that's for sure. Not saying it fails, but saying: good trader has an eye on all possible scenarios and is prepared for big red aswell as big green candles right now. I think it can become very volatile again. Up or down both possible. |
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If this is wave 5 of the super-cycle, and it seems to be shaping that way, that longterm trendline should get smashed according to elliot wave analysis.
can you go into more detail about that? Please elaborate on your scenario. |
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Can someone explain the chart in OP? How do you set that up in Bitcoin Wisdom and what does it mean?
It's logarythmic view. setting -> scale i found this to be the better scale to look at longterm crypto movements since crypto has been and is expected to be exponential growing. If bitcoin breaks this line it broke the long, long, long term trendline and the myth of the exponential growth would be disproven. Also a mass exodus of early adopters could be expected (the mother of all panics) in which case a rebound is not certain (or even unlikely) and a total fail becomes almost a certainty - from my angle at least. On the other hand a massive rebound is also quite possible for the next days. This is make it or break it point. 10k$ or ZERO we'll see ... Sorry to be a n00b with the chart...I set the scale to logarythmic but it doesn't display as yours does. Is something else needed? timescale zoom out to max or 3 days ... use stamp for longer history that's what it shows in the OP: -3 days timescale -bitstamp -log view that's it ... and a line inserted by me of course ... |
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total bitcoin fail?! very unlikely
because why? The hero member said so? ... sure ...  I don't know anymore what's likely or not after 1 year bearmarket and a selloff right behind us (few hours ago) and NO rebound! . So why is it unlikely? |
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Can someone explain the chart in OP? How do you set that up in Bitcoin Wisdom and what does it mean?
It's logarythmic view. setting -> scale i found this to be the better scale to look at longterm crypto movements since crypto has been and is expected to be exponential growing. If bitcoin breaks this line it broke the long, long, long term trendline and the myth of the exponential growth would be disproven. Also a mass exodus of early adopters could be expected (the mother of all panics) in which case a rebound is not certain (or even unlikely) and a total fail becomes almost a certainty - from my angle at least. On the other hand a massive rebound is also quite possible for the next days. This is make it or break it point. 10k$ or ZERO we'll see ... |
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I just don't get clowns like this. If he / she had come to UNO-EX, they would have scored much more than selling on an exchange..
only explanations are: -an amateur -market manipulation -whale lost his sanity you can choose which you like best Did i miss a possibility? |
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