Chartbuddy, since you're already expanding your wall overview, could you also add BTC-e? Yet another exchange with hidden reserves, ie. another potential Goxing. If other exchanges can verify their reserves what are these hiding? If its not on the blockchain its just meaningless numbers. However moving patterns still work. Yet nothing is more efficient than an algorithm to alert of these moves.  |
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yes, impressive numbers on bitfinex.
too bad those are only numbers.
gentlmen, please place your bids where it really matters, like stamp.
thank you.
For your own safety don't trade with leverage. you mean on places where you are trading against the exchange operators? The market as awhole is being influenced by the bots being pushed around. So even clean exchanges will be following the trend. To prevent this on traditional platforms they put in circuit breakers to halt trading. Huobi attempted such a stratigy yesturday and stopped the drop untill it came back online. |
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yes, impressive numbers on bitfinex.
too bad those are only numbers.
gentlmen, please place your bids where it really matters, like stamp.
thank you.
For your own safety don't trade with leverage. |
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 Notice how LTC USD price on BTCe is holding but yhe LTC/BTC is going up? As btc/usd is being tested. If you pay attention to the volume It becomes apparent  Sitarow - You seem to have some accurate understanding of how the market is currently operating. I think I'm slowly grasping what you are suggestions but still struggling a bit and want to see if I can confirm this theory. So the price of USD/BTC is pushed higher in value by using the sale of BTC/CNY and USD When USD/BTC hits the sufficient peak the corresponding price of BTC/LTC is low, so the funds are transferred into this commodity, which in turn once again starts the rise of LTC to BTC and LTC/USD. Then this cycle continues? Basically washing ltc/usd gains in and out of btc/usd to continuously increase holdings by having the two commodities face off against one another. Is this a near accurate grasp? And you are suggesting that you can see the patterns that start on the chinese exchanges and then finish on btce and so when btce and Bitfinex is at the highest, The target set by those pumping take average 30mins to an hour one it is started. You can tell when the volume LTC sold for/BTC starts going up and LTC/BTC value goesb down because LTC/USD is artificially pushed down by those selling LTC/CNY on OKCoin and LTC/USD on BTC-e. After the pump and drop the cycle is already complete and or too late to try and join the game. Rinse repeat? Thanks for any insight you can help provide. That is a fair assessment. However the problem is not LTC or BTC but the manipulators that have colluded to push on all fronts. I made money 1k on Saturday taking advantage of the arbitrage, however after the pumps many including claimed that the price would decline. It was stalled when huobi went offline Yesturday. The LTC/BTC trading on BTCe halted 30mins before the lunar coinbase timer stopped and then the target lows were dictated at the time to the $ on the troll box on btce. So that has been my observation. Edit: Don't try to move 10k LTC/BTC on BTCe without a bot.   Oh I forgot to add that on sunday 25th those who traded BTC for LTC the btc would be sold at market rate around $255 BTC/USD prior to the pump in order to keep the price low Or it would go up in value 0.01 far to fast for the other exchanges to manage. |
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Shorts gonna get slaughtered
AVOID trading with leverage.  230pm EST  200pm EST From what I know this is exchange does now have leverage. Edit: disclaimer I own shared of cavirtex.com |
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Notice how LTC USD price on BTCe is holding but yhe LTC/BTC is going up? As btc/usd is being tested. If you pay attention to the volume It becomes apparent  This is a simple observation and I hope the effect will enable critical thinking rather then giving way to irrationality by a few manipulators colluding together. |
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Price getting higher than I expectd
Bears gone ?
The chinese panic dump game was getting too easy. Market decided to slap them around a bit. Maybe we can see a bit of chinese panic pump soon. Unless they are manipulating again to make it appear that way  |
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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. I do not have insider information apart what has been leaked Publicly if you have been trading since the 24th. Please understand that the ltc/btc is real and has happened this weekend and escalated on sunday. Also realize that you are posting in the speculation wall thread. We share our observations here. Therr is also a post made yesturday night that had BTCe chart price targets up untill sunday. Does that make it real? time will tell. It may become a self fullfillingproficiency. http://www.matlabtrading.net/main/2014/08/14/bitfinex-margin-call-cascade-algorithm-explained/ Bitfinex is running an algorithm to handle the margin calls. The algorithm starts selling but limits itself to a 10% drop in prices within 1 minute. If prices drop more than 10% in 1 minute it will stop selling and wait for buy orders to come in. Once there are again a certain amount of buy orders in the orderbook the algorithm starts selling again until all margin calls are met. Edit: LeMogawai was the first to point this out in this post and it matches my personal observation at the time of the event. This seems to be an interesting way to deal with cascading margin calls but can also be considered as borderline market manipulation from the exchange side. By spreading out the sell orders over time the downwards momentum is reduced, however traders end up trading against the exchange itself and not the market anymore. The exchange has an informational advantage at that point and is therefore more likely to profit than the traders. Fortunately, this only lasted for about 10 minutes after which control was given back to the market. Edit:    |
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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. You should read over my posts more. |
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Dream on. Totaly different technology that is using NFC to simplify the process. articles like these are used by players like you and a select group trying to help push down the price with fud.  |
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Asking for a list of trusted third parties on a Bitcoin forum seems a little redundent what's the word?
How so? Shills and astroturfers can post all the FUD they want, the reserves are on the blockchain and signed by the exchange so the exchanges holdings can be proven: https://exchange.coinport.com/coin/BTCBitstamp, Bitfinex, Huobi, Okcoin, etc. nine tenths of the coins on their books could be fake and using them when there's the possibility of that is irresponsible and asking to get Goxed. They've no excuse for it, what do they have to hide? Exchanges have evolved beyond that and its up to users to demand transparency or take their business elsewhere. +1 As far as other exchanges at this time the market is being manipulated as a group that has colluded and are working to lower BTC/USD and raise LTC/BTC up by artificially inflating the LTC/USD . they also use alts that are supported by the exchanges where they have chose. I have the details on my recent history. However I will link to it here. https://bitcointalk.org/index.php?topic=178336.msg10299896#msg10299896Edit: Also forgot to mention that exchanges that offer leverage trades also have an algorithm that prevents market calls from hitting the orderbook untill there is more buildup of bids. Stop trading with leverage. http://www.matlabtrading.net/main/2014/08/14/bitfinex-margin-call-cascade-algorithm-explained/ Bitfinex is running an algorithm to handle the margin calls. The algorithm starts selling but limits itself to a 10% drop in prices within 1 minute. If prices drop more than 10% in 1 minute it will stop selling and wait for buy orders to come in. Once there are again a certain amount of buy orders in the orderbook the algorithm starts selling again until all margin calls are met. Edit: LeMogawai was the first to point this out in this post and it matches my personal observation at the time of the event. This seems to be an interesting way to deal with cascading margin calls but can also be considered as borderline market manipulation from the exchange side. By spreading out the sell orders over time the downwards momentum is reduced, however traders end up trading against the exchange itself and not the market anymore. The exchange has an informational advantage at that point and is therefore more likely to profit than the traders. Fortunately, this only lasted for about 10 minutes after which control was given back to the market. |
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$160
Just saying... Better act upon it than lose money..
No loss if your in usd. And no loss if your not trading with leverage. No loss if you don't sell. those manipulators will be dumping their ltc for btc and then sell btc for usd. If you wanted them to fail then push the price up. But unfortunately many newbies who will be fleased trading on leverage are greedy. |
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west: pump!!! break it!!!
china: nope
 LTC/CNY goes down LTC/BTC Goes up BTC/USD goes down. LTC/CNY goes up to get more people to trade btc for ltc, and keep the LTC/USD price at a target. Then they take the BTC and sell for USD once they hit their target pump.  when LTC/USD is stalled and LTC/BTC Drops then you know bots are selling LTC for BTC and getting ready for a BTC/USD Pump  Edit. For those who may wish to use this layout the id # is 1297 Very interesting Since we just had a small pump which has stalled, we should be expecting a drop very soon 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.  Edit. We are pushing past their target high.  |
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You're completely delusional.
I spent 1 minute looking at your post history, looks like you may be bitter because you tried to sell drugs with bitcoin at one time but failed running a business and had to shut it down. Hopefully you won't give up so quickly , and keep trying to be successful in the future rather than trolling people in this thread. Best of luck in the future.  If you looked back at my posting history you'd see that i have nothing to do with the original account holder and that this account since then is used by several people. Which i have explained 10 times already. Sorry Shroomsy, but I find this argument highly unlikely. Why would you take over some else his account, and not make a new one yourself? It all sounds a bit too accidental if you ask me. I normally always read your comments, even though you seem to be highly aggressive to just about everyone that doesn't share your (trolling) opinion, but at this point even I am finally questioning your state of mind. You've been called bipolar before, and at this point I'm wondering whether its true. The way you seem to bite at everyone, even though this topic is filled with permabulls, reminds me of someone that is clearly not right in the head. The magic word for you seems to be 'delusional' , which you use at random in demonizing every person that simply does not agree with you. I wonder what it is that thrives you, as people in turn seem to be really ridiculing you for it. I mean: it's not like you can change anything here, as the permabulls that believe the moon is real will simply keep believing it regardless. Why? Why come back here and try to convince people that Bitcoin will die on such short notice? They already know your opinion, so why repeat it ad nauseum? This account has been abused enough. I'm gonna change the pass so the others can't access it anymore and log out. I might be back on my real username. Who knows. Bye. Quoted for historical purpose. |
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Do not trade with leverage.
Market manipulators have colluded to push btc price down in order to liquidate LTC and other alts at a higher return by then pumping BTC/USD while holding LTC/USD at their manipulated rate.
Read my recent post history for more info.
u know the guy who made LTC now works for coinbase right ?? Yes indeed. However he alone is not to blame for the events. This is not only an LTC they use other alts. It just so happends that they are using ltc as it has momentum is not news, however I welcome you sharing. |
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Do not trade with leverage.
Market manipulators have colluded to push btc price down in order to liquidate LTC and other alts at a higher return by then pumping BTC/USD while holding LTC/USD at their manipulated rate.
Read my recent post history for more info.
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west: pump!!! break it!!!
china: nope
LTC/CNY goes down LTC/BTC Goes up BTC/USD goes down. LTC/CNY goes up to get more people to trade btc for ltc, and keep the LTC/USD price at a target. Then they take the BTC and sell for USD once they hit their target pump. when LTC/USD is stalled and LTC/BTC Drops then you know bots are selling LTC for BTC and getting ready for a BTC/USD Pump Edit. For those who may wish to use this layout the id # is 1297 |
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Wow no resistance into 230
Bears sleeping now ?
It's called a pump. A lot of people like Inca will get totally excited and think it's happening for real this time. They will quickly start buying because we'll never see these prices again. Once the losers bought and the price is 30 bucks higher the whales will dump straight in their face. Yes, it's a crazy concept. Very difficult. Let me know if i need to explain it in more detail. If we push past 230 you 250 280 then the manipulators will loose big time. They will do everything they can to keep it low As their target down has not been met. Edit even come here and spread FUD Don't be foolish, the same pattern has happened every day since monday. We go down after 9am est, someone pumps it up slightly mid day, then we go down more towards the evening, than when China wakes up we reach a new daily low. Its when people go bad that the shtf. Its called Collusion... STOP trading with leverage.Like this fellow. https://mobile.twitter.com/AdamGuerbuezhttp://www.youtube.com/watch?v=WBsxLMCA8R8 |
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this will be an interesting few days, hopefully we find out where we go You really have to wonder where we are going? 13 months of going down didn't give you an idea yet? You mean, 6 years of going up from zero. Sure. Keep telling yourself that everything is looking great and this is anything else than a useless pump and dump coin being raped by traders. Results speak for themselves.  |
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