Not a professional, but it is how I make my Bitcoin. Since October 2013.

I will tell you this - Expect to see some sell walls out of now which appear maybe once or twice per hour - these are attempts to induce holders to dump coins into the sell wall owners buy orders. The coin is going to test 0.03 in the next 24 hours. Not because of any amazing dev work, or community efforts, but because there is a tidy profit to be made in buying a coin cheaply (as it is now) and pumping it up 50% - It's just a fact. If you are a small fish, like myself, you will be wise to buy back in now. Ideally you bought back in when it was around 186,500 and there were some tasty sells on offer, but it is not too late.

The way the manipulators in charge of this particular coin's price direction seem to function is very much based on the performance of Blackcoin and Darkcoin and interestingly Bitcoin itself. You can get an indicator of where XC is going to go based on the rise or fall of those three coins. We discussed a few weeks ago how it is generally the same Bitcoin being moved about various coins, one goes up - the whales cash out - then they start slowly buying up their next target before they place a mammoth 100+ BTC buy wall and let others pump it up for them.

The only way to be a successful small trader is to anticipate their next pump, and it is not as hard as people make out. Look for seemingly random, medium sized buy orders ABOVE the market price spread about 2 or 3 hours apart over the space of 24 hours or more. E.g. the last sell price is 190,000 - someone buys 10 BTC up to 193,000 before the price drops back down to 190.000 again.

You may think to yourself "Huh, some fool just paid more than they needed to!" - but in reality they are the smart ones. You see they KNOW the target of the next pump, it is always a coordinated effort between the whales to ensure maximum profit among themselves - its bad for business to be fighting each other - they may give the appearance that they are fighting each other but really they are just trying to get you to move in one way or another.

If you see this sort of order over the space of 24 hours, take all of them and look at the highest price they bought at for each order - average it - then add on 50% to that (the observed amount a coin seems to pump before the dumping occurs - it is the point where two forces meet - the buyer feels confident that the coin has risen to much to crash and must be a sign its about to "go to the moon" - the seller feels confident that a 50% profit is worth selling 100% of their stash.). Now back track 10%. Between 40 and 50% the whales have quietly been dumping their coins on the buyers who buy without any regard to common sense - they are blinded by greed and will munch through thousands of dollars worth of coins in seconds. By the time the price rises 50% the whales have all but removed themselves from the market and the little fish begin to take their profit. This tips the balance and the coin starts to go down. Without the whales to pump the buys up with massive walls the ordinary buyer gets scared and removes their buy order completely - it happens very suddenly but it causes a 20-25% fall in price within 60 seconds more often than not. Then people foolishly think its just a correction and starting buying again - this slows the descent but doesnt change the downward trend - the coin MUST go back to around the level it was when the whales first started buying with an additional 10% added on. One of the side effects of a pump is that the resulting stable price is usually around 10% higher than the previous.

There are what I would call "Super Pumps" whereby the target is set 2 to 500% above the current price - We saw this with Pandacoin, Karmacoin, Blackcoin, Dogecoin, XC, DRK etc. - You generally will only get one shot at this as it relies on a very low marketcap - once a coins starts to get into the 10s of millions of dollars it becomes far harder to pump up 500% - but the sweetspot is aorund $150-500,000.

Rest assured however, a super pump is followed by a super dump as seen in every single coin that has ever been pumped up - even Bitcoin and Litecoin themselves.


Ultimately just watch the market - thats my advice to you - and I don't mean watch the price - i mean watch the behaviour, what KIND of buys and sells are we seeing? What is the volume and price of each order? what space are they apart? what timezone do they most correlate to? what coin experienced a sell order of similar quantity to the buy order just observed? for example.

Have fun!

it is.... why does everyone keep asking this?

As always there is a dumb f.  that has to spoil the party.

Probably one of those big holders....

Did I not tell you to put your fucking coins in the sell side and let people buy you out!!

Don't you realize that by this selling to the buy side you are fucking up your own chance that the coin will get more value soon!

It clearly shows you are a coward and not willing to put the coins for sell in the sell side.  You only react when there is panic..  You have no idea how to control yourself...  You do not deserve to have those coins in your hands.

You are dumb ass!

+1 That's a winner right there.

I feel your pain. I was waiting on 50BTC from Coinbase. I watched the a 10x rise while waiting. Of course, I finally got my BTC and price was at 30... Heck I wished they could have kept it one more day so that i could have bought at 17.

Anyone that has been around Crypto long knows that this is going 50mil in less than 3 weeks... and the moon (100mill +) soon afterwards.

Good luck to you.

yes, here:

You are going to profit more from the rise in price than from the PoS reward, however my concern with the 3.33% is that it's not enough incentive for people to keep their wallets open which is BAD for a PoS coin.

I really thought this article summarized the multi-path technology a little better than I have so far.

http://www.coinssource.com/xc-coin-coins-source-exclusive/


This completely decentralized solution is the objective of the REV2 release - each week, we will be releasing an update that improves on the previous release.  I am looking forward to bringing this solution to the community and in parallel to this effort I am continuing to push into the other solutions previously mentioned.  These other ideas and concepts require a business like mindset to be accomplished and bring to market.  Those pieces will slowly come together over the next several months.  

100% of my time & energy is focused into this vision, and making it a success.  This is the reason why I have been less active online recently and I don't want to end up divorced over this as my wife says she hasn't seen me in over a month.

A lot has been accomplished in a very, very short amount of time, and its been an interesting adventure so far.  I want to thank all of those who have helped make that happen.  Rome wasn't built in a day but I'm confident in the solution and vision.


Thank You,

ATCSECURE