443
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Alternate cryptocurrencies / Altcoin Discussion / Re: TPTB_need_war Bitcoin Fork in the making!
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on: May 19, 2016, 03:08:22 PM
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1) Does that really matter? If the miners will be in China anyway who cares?
2) This seems clear that they will, because Zcash is cutting edge technology that no one else understands, the Zcash team is the only team on earth that will be able to develop it further.
Agreed. All Star Coin Team:
Shelby Product Owner Technobabblist CfB Designer Java Security Specialist James Developer/Designer Haskell Core Cryptography
David Promotion/Marketing Chief Attorney
Craig Wright Fund Manager Media Relations
External Partner for AT Competition Sabotage Trojan Horse: CIYAM
DMOON
What could possibly go wrong with that. And it wouldn't be complete without klee investing a godzillion Nxt he didn't allow a thief to steal by storing his password in an online dropbox. kLee Security Expert
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445
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer
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on: May 19, 2016, 11:56:46 AM
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13504 Blocks left. If the 500 BTC donations aren't completed, you'll distribute the 5M coins between current holders, right?
Yes, if less than 5M XEL are given away, I will distribute what is left among all donators proportionally to the size of their donation. This way, in the absence of any other indication, all donators get more or less a fair share of what is left. When do you estimate we will reach this block threshold? Want to participate but I am not ready yet.
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446
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Economy / Speculation / Re: PnF TA
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on: May 19, 2016, 11:52:29 AM
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Perhaps, rather than grow together... they can go down together. In the case of a genuine BTC dump, it seems too good to be true that ETH will oblige by going up. Rather, given a relative lack of liquidity for ETH > fiat and the significance of the BTC dump, ETH holders will cash out to an asset that is already going down in value... and make it go down more. It's either that or hold on to your ETH as a true believer / wait for proper fiat markets to build up steam. In this case shorting ETH will be the ultimate fiat making machine!
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447
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Economy / Speculation / Re: PnF TA
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on: May 19, 2016, 11:47:54 AM
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When the market quickly (eg <8h) rejects a dump, we are ready for halving FOMO! Every dump gets weaker (this seems to be the case so far) and it will take many Toddcoins to dump in order to 'destroy' the halving hype. The chart I posted above is unchanged (support held so far). Too bored to post in more detail but long term holders should sell at 2600. If we keep the support in the previous post, things are still bullish medium term too . Short term traders should buy here with a stop at 2940. I don't like shorting so don't expect much advise from me in this, I suppose a stop at 3040 is very wise to have. Regarding ETH, avoid buying here and only enter if we break ATH. You can short with a stop at 320 (not recommended because ALL Ethereum charts turned full bullish except the weekly close!). Here is the 15m CLOSE: LTC is a buy at 84-86, sell if it closes below 84- for 1h+ (violating the green lines will not be good):
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453
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Economy / Speculation / Re: PnF TA
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on: May 16, 2016, 09:35:57 PM
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Been lurking a while. Always appreciated your stuff Klee. Have to say though, your out-of-character outbursts yesterday speak volumes mostly about your own position. I already guessed you are partly banking on the inverse price relationship between BTC / ETH. They have also made me feel more bullish about BTC than I've felt in a while. Although I should say my previous bullish timing on Bitcoin was... off the mark, to say the least. I reckon there may now be room for both BTC and ETH to grow in parallel. The inverse price relationship is a tenuous phenomenon not based on anything fundamental. My outburst was exactly because the ideal is BTCUSD to rally while ALTBTC rallies too! If BTC dooms it will cause me an enormous amount of stress even if ETHUSD rallies. It is because I saw BTC topped while ETH bottomed that made me take this position in the first place though. 3000 is a distribution area, whales alone will not break it, we need massive volume from everyday people. I don't see this to be honest. Finally, I got very emotional for BTC because IMO a failure here, combined with the halving, can be far more devastating than most think... I think the inverse relationship between eth and btc is a strong correlation for now. Alts will parallel btc when btc hits a true bull market, and imo, only after significant gains are achieved in btc. This is due to veteran crypto holders moving into btc during the bull run and thereby suppressing eth (and alts in general) initially. Then, when the rally is well ingrained, and the price is out of reach in late comers minds, they pour into alts, triggering the flip on correlation and alts rally in parallel. This is what happened with ltc in 2013 and to lesser extent, other alts like namecoin and such. I have fully mirrored my BTC trades with my eth trades for the last few months, and with the exception of a few trades, it has worked out as well as some FX correlations. I will continue to make trades like this for the foreseeable future as I still do not believe this is the bull run Agree in all! Actually now the killer pair is LTCETH!
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454
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Economy / Speculation / Re: PnF TA
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on: May 16, 2016, 06:15:42 PM
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Been lurking a while. Always appreciated your stuff Klee. Have to say though, your out-of-character outbursts yesterday speak volumes mostly about your own position. I already guessed you are partly banking on the inverse price relationship between BTC / ETH. They have also made me feel more bullish about BTC than I've felt in a while. Although I should say my previous bullish timing on Bitcoin was... off the mark, to say the least. I reckon there may now be room for both BTC and ETH to grow in parallel. The inverse price relationship is a tenuous phenomenon not based on anything fundamental. My outburst was exactly because the ideal is BTCUSD to rally while ALTBTC rallies too! If BTC dooms it will cause me an enormous amount of stress even if ETHUSD rallies. It is because I saw BTC topped while ETH bottomed that made me take this position in the first place though. 3000 is a distribution area, whales alone will not break it, we need massive volume from everyday people. I don't see this to be honest. Finally, I got very emotional for BTC because IMO a failure here, combined with the halving, can be far more devastating than most think...
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455
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Economy / Speculation / Re: PnF TA
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on: May 16, 2016, 05:53:24 PM
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BTW, I interpret from my charts (there is always room for subjectivity in TA, even in PnF) that Toddcoin will go South.
Worst case scenario 262, best case 390.
No idea where it will stop.
Bear trend (short/medium/long term) if 350-
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459
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Economy / Speculation / Re: PnF TA
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on: May 15, 2016, 08:43:43 PM
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Klee don't be so angry. It doesn't fit to you. Bulls make me angry because they are just talking but you are right! Have to calm down despite I think this is very crucial timing for Bitcoin. I really hope that price will go down. Under 350$ at least. All these longs should be tested and many of them squeezed. Bitcoin needs blood. This. Easy money eh? Not gonna happen people....
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460
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Economy / Speculation / Re: PnF TA
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on: May 15, 2016, 08:39:35 PM
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Klee don't be so angry. It doesn't fit to you. Deep down in his heart he's a mean angry bear... Bear for the ghost that Bitcoin became of it's real self.
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