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NAV, but haven't tested it and its way too expensive at the moment.
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I rest my case.
I rest my case long time ago. 2 more guys implied on why you just can't perform TA on altcoins. And even Bitcoin (that's just my opinion). |
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TA is pointless especially when you have manipulation.
No shit?  |
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Not only that, but few identities from the Razormind "team" were exposed and no one has come here to say something like "Hey, I am John and I am part of the Razormind team. We are legit.". If you search this forum you'll only find out "SCAAAM"! |
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1. I am right and you will understand that if you at least try to do some research. 2. Do you think that the FailArmy YouTube channel for example could be taken seriously?  They only have 11.4 million subscribers and over 3.1 billion views. Not to mention Jukin media (which owns FailArmy) with over 40 million subscribers and 14 billion views on YouTube alone. You are not the first one mocking with FAIL and this serves you no good. We are nice people, we don't deserve such attitude, and if you think about it a bit more, then you'll realize that FAIL has a better potential than probably 90% of the alts. |
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And what is that I am thinking? That not a single "professional" trader can perform a true TA on Bitcoin or altcoins? And this makes me a lousy trader? Come on, be serious.  |
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So what if Omni are supervising it? That doesn't mean shit to me and I don't think it gives credibility of the "project", because back in the days Omni's market cap has shrinked like 60 times in few months. |
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Look buddy, I have broker certificate "A" from Sofia Commodity exchange since 2003, so I know a thing or two about trading. But this is not the subject of the thread.
P.S. Anyway, you can make some research and you'll see that I'm right.
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Comparing penny stocks market with Bitcoin is like comparing Apple/Samsung with a local phone shop. And it is not a good example since TA on penny stocks has its pros and cons.
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Your calculation didn't take into account the staged nature of the ICO.
Ah, yes, you're right. If we assume that the average price is ~583 DeOS/BTC (1000+500+250 / 3), then we are talking about 12,692 bitcoins. |
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And Monero wasn't pumped? I can agree that a lot more people have genuine interest in XMR than SDC, but still... Same goes for Dash. Today they are pumping NAV, which had 120% increase.
P.S. I'm not saying that the teams behind these coins are pumping it.
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Looks like their "crowdsale" will end in 3 days. The price is 250 DeOS / 1 BTC (i.e. 0.004 BTC/token or ~$2.42/token) and they claim that so far they raised 29,600 BTC ($17,956,840). WOW! |
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I think you are mistaken again. Is it not the job of the trader who uses technical analysis to include volatility in his strategy?
Like I said, BTC market is too volatile and very often it does not follow certain patterns, which are important "tools" to use while making TA. |
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That's already an old news and the steemit is already making a recovery for this...
It is an old news, but STEEM was dumped right after the hack. The dump started in July 15 (the date I created this thread) and lasted until July 19, when there was a new pump. In July 19 the price and market cap of STEEM was at its peak and it is in decline ever since. See what I mean:  STEEM have lost about 400% of its value in ~50 days. |
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@smoothie
Discussing with you is a waste of time so you can just accept that my IQ is equal to a room temperature, /thread and continue to cheerleading Monero elsewhere.
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I did said something and it was proved to be true. I created a thread, which should serve like "trading point of view" and we all saw what happened.
But I can tell you what are your attempts. I mentioned Monero in the thread and all of the sudden some of you become so defensive. It always happens when you say something about Monero or DASH. You all scream "power to the people", but you are all hiding, because of your "privacy". Step up and do something with your name, then we can have a discussion.
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@smoothie
Quoting me 101 times would not prove you're the right one here. I'm not attacking your beloved Monero.
About the TA,
A true TA is impossible to be made on Bitcoin, because the market is too volatile. You need to research some specific patterns, which does not apply on Bitcoin. BTC for instance have some average price (seen on Coinmarketcap for example) , but it has big price difference on different exchanges. See what I mean:
BTC-E BTC/USD $602.10
Bitfinex BTC/USD $607.70
BitMEX BTC/USD $600.50
OkCoin Intl. BTC/USD $604.28
Bitstamp BTC/USD $599.62
This would never happen with EURO/USD or USD/GOLD, or whatever. The market needs to be bigger.
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Unfortunately now BTC is being used as money making tool for whales and speculators. And it is not something that can be stopped.
Of course it can be stopped. If the market becomes bigger, then the true whales may show up. And by saying whales, I mean people like Warren Buffett. They can easily corner the market to consolidate their positions and allow steady growth. EDIT: Or turn Bitcoin into something like USDT is at the moment. |
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