Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark. am i the only one feeling bullish? No. The downward movements on low volume are just stop hunting. Had the same fakeouts (only in reverse) last time we consolidated out. It's how whales take position. |
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Too many people want sub $200 coins, it's not gonna happen.
Reminds me of bulls calling for $10k last year, only the opposite. |
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200 by Sunday morning EST.
Over 10k coins to 216. Good luck with that. Bids are filling in fast. |
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You should read over my posts more.
I have, but unless you have insider info about this it's nothing more than making up a story without facts to back it up. The reason I ask is that I know a bunch of guys who are bullish ltc/btc. It's not part of a conspiracy to pump the price, it's simply that 4 critical SMAs are about to cross, similar to before last November's bull market. Nothing more. |
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The manipulators want it to go down and not up Not yet.
They still need ti dump ltc for btc. Target price may be 2.2 ltc/usd and 0.88ltc/btc.
However if you think you will liquidate ltc to btc faster without taking a hit against there bots then you will not be happy.
Please provide proof of this if you're going to speculate every page. |
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Careful guys. Bear trap. Look@ volume.
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is this Huobi's real volume or something?
Yup! LOLOL |
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I'd be surprised if we hit below $150 again...too many people won't be able to resist such cheap coins.
We've heard this argument at $800, $600, $400, $200...  Because nobody knows how low it will go and want to be on the right side of the market when it turns, that is, buying on dips and selling into the buying frenzy. Averaging on the way down is a valid strategy if you're going to hold long term. |
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To everyone posting short terms charts try checking the longer term view. The trend over the last two weeks has been the strongest trend for 3 months.  The biggest question here is will the trend continue with today being a "blip" ? All trends have them and for this to be a blip the $$ trading would need at close the day at roughly $260+ If this is a trend break out then things could get interesting of course  If we do break downward it will be on lighter volume and probably won't be very long lived. We are already at $225 on btc-e which is the 61.8% fib level. I'm looking to get out of my short now and lock in the profits. |
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I've nearly doubled my stash in the past few days by doing the complete opposite to what those idiots say, so keep on trollin' I guess.
This seems to work nicely for those who are willing to trade. I just have an enormous "ignore list" here.  Oh yeah, they're a great contrary indicator My ignore list is in the hundreds, at least. When I see pages of "This user is currently ignored" I know that something's afoot |
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in full boom the 'chinese panic' . You guys are hilarious. I hope you trolls are trading and not just some whale's puppet, because it'd be way more lucrative. They're puppet(s).  I've nearly doubled my stash in the past few days by doing the complete opposite to what those idiots say, so keep on trollin' I guess. |
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in full boom the 'chinese panic' . You guys are hilarious. I hope you trolls are trading and not just some whale's puppet, because it'd be way more lucrative. |
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Both Okcoin and Huobi have suspiciously fake volume. I mean look at the tape, there's like one legit transaction in a sea of .025 transactions that buy and sell back to themselves.
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Whee, glad I kept my short open from $300.
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Like clockwork... Sell sell sell!! |
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The recent "flash-bubble" created by the Coinbase announcement shows that the "West" can lift the price by at least +50 dollars (~250 to ~300) with suitable rumors.
I am assuming that the Chinese did not pay attention to the rumor, as they have not paid attention to other similar news in the past. I am also assuming that the gentler upward trend that started around 2015-01-15 comes from China, not from the "West"
I still don't know what caused the mini-bubble that started on 2014-05-20. If it was created in the West, too, then it would imply that the "West" can pump the price by +200 $/BTC (modulo the possibility that the increment may depend on the starting price level).
You are aware that a single 3.5 million dollar market order on bitfinex takes the price up to 470 dollars. If big money wants the price to rise, it rises, or falls or whatever they want, and for tiny amounts of cash in wall street terms. There is a limit to what can be shorted (available btc for lending) on Western exchanges, but a single motivated individual (say Tim Draper) could at any moment drive up the price and keep it there. Imagine if the price was pumped to 400 by a big buy and then a 50 million dollar bid support wall appeared on coinbase. Whales would never do this as it would benefit us and not them. What they do is scare the price around, stop hunt, pull in the unskilled traders' money and use the increased volatility to take positions. The fake pump to $272 earlier with those upthrust/distribution candles on unusually high volume is a good example. (Thar she blows!) That tells me we are going down before going up. How low do you think we're headed? $225 if things get panicky. I'll have my short from $300 ready to cover below $250. |
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The recent "flash-bubble" created by the Coinbase announcement shows that the "West" can lift the price by at least +50 dollars (~250 to ~300) with suitable rumors.
I am assuming that the Chinese did not pay attention to the rumor, as they have not paid attention to other similar news in the past. I am also assuming that the gentler upward trend that started around 2015-01-15 comes from China, not from the "West"
I still don't know what caused the mini-bubble that started on 2014-05-20. If it was created in the West, too, then it would imply that the "West" can pump the price by +200 $/BTC (modulo the possibility that the increment may depend on the starting price level).
You are aware that a single 3.5 million dollar market order on bitfinex takes the price up to 470 dollars. If big money wants the price to rise, it rises, or falls or whatever they want, and for tiny amounts of cash in wall street terms. There is a limit to what can be shorted (available btc for lending) on Western exchanges, but a single motivated individual (say Tim Draper) could at any moment drive up the price and keep it there. Imagine if the price was pumped to 400 by a big buy and then a 50 million dollar bid support wall appeared on coinbase. Whales would never do this as it would benefit us and not them. What they do is scare the price around, stop hunt, pull in the unskilled traders' money and use the increased volatility/liquidity to take positions. The fake pump to $272 earlier with those upthrust/distribution candles on unusually high volume is a good example. (Thar she blows!) That tells me we are going down before going up. |
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Ignore ignore ignore the sockpuppets. You will thank me in the long run.
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BFX and OKcoin actively hunt stops, I have seen it. Upthrust candles. It allows whales to cash out without too much slippage. You really have to allow for this because it happens in traditional markets and not put your stop losses in obvious places. You would do the same if you had that many coins to move around.
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It is becoming clear that a bull market is ahead of us this year.
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