LTC down to 18.CheapShitCoins
.cheapshitcoins = .89 cents lol as of now LTC is back up to 19.PumpingBecauseChinaIsStupidAsShitAndWillBuyBuyBuyALLTheLTC
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LTC down to 18.CheapShitCoins
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ok, could we re-name the thread into "iīm exited about LTC and give a fuck about BTC since there may be more gains in LTC" please ? disclaimer: i missed the ltc train completly. now i know how those btc critics must feel when month after month they came to the conclusion btc is just a fad, but it actually wasnīt. the first time i could have bought ltc was when price was just a few cents. but i didnīt, because i didnīt think ltc made much sense. i kept thinking that all the way up... looks like there are 2 options now: jump on the ltc train now or get fkn angry about this ltc sheit and troll around in the ltc forums.. you s houldn't get emotionally attached to anything even Bitcoin, when ever you see a chance you jump in, this is why you jumped into bitcoin the first place, fanatics are the worst type.... fuck that I ♥ BTCinvest into what you are passionate about, not what you think can make you a quick buck.
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Just hit $20 and the $850,000 wall has moved up to match.... wow
It was textbook...and now it's gone. True but it's the most excitement there's been round here in weeks lol It helps that I'm holding LTC and personally I'm waiting to see how things stand tomorrow. Feels like today is a warm up sell the news tomorrow?
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its official LTC is bubbling up!
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<Tinfoil hat on>
Maybe the large buys/trades for LTC are actually a "laundering" of BTC?
most BTC are laundered through a coin operated air hockey table.
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So as I mentioned, I'm thinking of dropping a volatility index in with ChartBuddy's posts. It's fairly simple so far, it is the base 10 log off the percentage of high-low against closing price ( log(100*(high-low)/price ). This would only be once per day at 3pm (when the NY market closes). Here is a sample with a few arbitrary currencies (price, high, low, index). Prices are from Bitstamp. Thoughts? GBPUSD 1.6573 1.6648 1.6547 -0.215079756574918 EURUSD 1.3915 1.3943 1.3880 -0.344142661216467 JPYUSD 0.0099 0.0099 0.0098 0.00436480540245543 UAHUSD 0.1024 0.1041 0.1024 0.22014896473846 BTCUSD 612.72 612.72 591.13 0.546990585818375 fancy numbers, sounds good.
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1) buy bitcoin today 2) sell it to someone that wants to speculate on the lastest shitcoin of 2015 3) profit!!!
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There will be alot of asking about ltc, when huobi fully starts with it...
any idea of when would that be? about the same time mtgox implements midis. wait a min....
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What will happen to btc once ltc explodes?
everyone will trade cheap BTC for expensive LTC?
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stupid bull... ready for the big plunge ? always
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I like this wall. Going all in. Sold!!!!! At 609, 500$ commission to bitstamp- holla
bitcoin is doomed.
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I suppose that BIT may be tempted try to drive the BTC price down before enabling liquidity, because then they would have to pay less USD to the investors who liquidate. In that "plan", BIT would later buy back those coins on-market to drive the price back up. I don't know whether this would work; it may push more investors to liquidate and may scare new investors (not that they have many now it seems). Note that this manipulation is possible with bitcoin due to the limited liquidity of the exchanges.
Does this make sense?
EDIT: typo
I don't understand why BIT wish to drive price down and then liquidate their bitcoins. This undermines their customers and does no good for themselves. Or I'm not smart enough to understand what is it ? Maybe I am not understanding it right, but this month some of their investors who bought shares at 12$ will be allowed to liquidate, meaning that BIT will have to pay them ~60$ per share (and tear those shares up). The BIT share price is pegged to the BTC price, so if the latter goes down to 300$ before those investors have time to liquidate, then BIT would have to pay them ~30$/share, instead of ~60$/share. If the BTC price later returns to 600$, BIT shares will go back to 60$, the other investors (who can't liquidate yet) will be in the same state they were before --- but BIT would have saved a lot of money. Thanks for the explanation. I see the logic. That's completely nonsense. BIT is 100% backed by real BTC. If a customer wants to liquidate their BIT share, BIT will just sell the bitcoin at market price. i thought BIT would open up a market for BIT shares, were poeple could buy and sell BIT, which should track bitcoin prices closely because its backed by bitcoin.
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its not LTC that overstock accepts as payment people...
If I recall correctly, Overstock's CEO invested heavily in bitcoin, Was that from his pocket, or through the company? where did you get that? just buy a bitcoin Jorge... He begins to build some credibility by contributing information in various respects, then all of a sudden comes out with these lame assertions... like conspiracy theory that take a very large stretch of credulity to fathom their even possibility. Accordingly, it seems that these kinds of stretches of credulity undermine the previously built Jorge brand. Jorge spends alot of time thinking about bitcoin, he NEEDS to own some! go buy a bitcoin Jorge...
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its not LTC that overstock accepts as payment people...
If I recall correctly, Overstock's CEO invested heavily in bitcoin, Was that from his pocket, or through the company? where did you get that? just buy a bitcoin Jorge...
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its not LTC that overstock accepts as payment poeple...
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Looks like that 2k dip was a try to force panic sell but it ain't work ^^
We will see, as I stupidly bought at 685 I have to hodl through this.
We are at the same buy-in price point..... I am NOT too worried - even though I was expecting to be in the $750 to $850 price range about now-ish.... It is just a matter of time before we are back in the black.... anywhere between a day and 2 months... - hopefully, it will NOT take 2 months to get back in the black, though.... i'm thinking about buying more soon don't wanna miss a good flash crash, I also think this downward trend is very temporary WE are considering this downward BTC price similarly, me thinks..... At this point, my next buy point would be at $590 or below. if the price gets there and stays there long enough for me to pull the trigger. In spite of some of this recent discussion about the lack of fiat on the seeable books, I continue to have my doubts about getting to those below $590 levels for any sustained length of time - even though i have been surprised before. theres not a half bad chance that poeple will start selling because price is low, price inchies lower and lower, poeple get discouraged and sell at the bottom. I did this a long time ago.... not about to make this mistake again
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