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wow you made a new account just to post this shit?
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nice try bitfinex and huobi.
but btc-e and bitstamp are not convinced.
huobi and okcoin dont give a damn lol I second that. |
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A somewhat concerning pattern imo. Large volume hammer candles start an uptrend capped by a inverted hammer to signal downside.  Good catch, but we need to wait, unless time rules don't follow in here |
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How many of you actually plan on staying with the ltcgear after you get your payouts? Personally I think I'm done...this communication is just ridiculous.
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We are repeatedly having a hard time going lower than 260.
Hold onto your hats fellers!
It doesn't seem like they are trying to hard. I wouldn't even call these dumps..more like farts |
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am i the only one who thinks this is going up?
Enlighten us with your reasoning |
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The recent "flash-bubble" created by the Coinbase announcement shows that the "West" can lift the price by at least +50 dollars (~250 to ~300) with suitable rumors.
I am assuming that the Chinese did not pay attention to the rumor, as they have not paid attention to other similar news in the past. I am also assuming that the gentler upward trend that started around 2015-01-15 comes from China, not from the "West"
I still don't know what caused the mini-bubble that started on 2014-05-20. If it was created in the West, too, then it would imply that the "West" can pump the price by +200 $/BTC (modulo the possibility that the increment may depend on the starting price level).
You are aware that a single 3.5 million dollar market order on bitfinex takes the price up to 470 dollars. If big money wants the price to rise, it rises, or falls or whatever they want, and for tiny amounts of cash in wall street terms. There is a limit to what can be shorted (available btc for lending) on Western exchanges, but a single motivated individual (say Tim Draper) could at any moment drive up the price and keep it there. Imagine if the price was pumped to 400 by a big buy and then a 50 million dollar bid support wall appeared on coinbase. Whales would never do this as it would benefit us and not them. What they do is scare the price around, stop hunt, pull in the unskilled traders' money and use the increased volatility to take positions. The fake pump to $272 earlier with those upthrust/distribution candles on unusually high volume is a good example. (Thar she blows!) That tells me we are going down before going up. How low do you think we're headed? $225 if things get panicky. I'll have my short from $300 ready to cover below $250. I had a short order that opened up this morning at 270 so hopefully it works out. I'm hoping for 230ish. It at around 245-250 Ill get a little nervous and starting winding the position down |
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The recent "flash-bubble" created by the Coinbase announcement shows that the "West" can lift the price by at least +50 dollars (~250 to ~300) with suitable rumors.
I am assuming that the Chinese did not pay attention to the rumor, as they have not paid attention to other similar news in the past. I am also assuming that the gentler upward trend that started around 2015-01-15 comes from China, not from the "West"
I still don't know what caused the mini-bubble that started on 2014-05-20. If it was created in the West, too, then it would imply that the "West" can pump the price by +200 $/BTC (modulo the possibility that the increment may depend on the starting price level).
You are aware that a single 3.5 million dollar market order on bitfinex takes the price up to 470 dollars. If big money wants the price to rise, it rises, or falls or whatever they want, and for tiny amounts of cash in wall street terms. There is a limit to what can be shorted (available btc for lending) on Western exchanges, but a single motivated individual (say Tim Draper) could at any moment drive up the price and keep it there. Imagine if the price was pumped to 400 by a big buy and then a 50 million dollar bid support wall appeared on coinbase. Whales would never do this as it would benefit us and not them. What they do is scare the price around, stop hunt, pull in the unskilled traders' money and use the increased volatility to take positions. The fake pump to $272 earlier with those upthrust/distribution candles on unusually high volume is a good example. (Thar she blows!) That tells me we are going down before going up. How low do you think we're headed? |
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Wtf is going on with finex
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Dumps seem to be getting weaker
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How many of you are currently short?
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
Everyone expecting to go down so instead we're going up now. I hope my decision to go long at 268 was the right move. Do you have the chart upside down? lol  I like to gamble  |
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
Everyone expecting to go down so instead we're going up now. I hope my decision to go long at 268 was the right move. |
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A very interesting day finally completed (UTC) and a good one Lots of ups and downs for the traders and a good gain for the holders.  Looks like we're going up. |
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What's going in on bitfinex?
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Wish me luck fellas!
Did something most of you didn't !
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Hmmm have we found support?
Um, no. We are stalling for seven hours so we can get the full Chinese panic from the next big dump. ATTENTION BEARS - get your bear suits on because the big 'Four Punch Raiders' "Chinese Panic" is tonight in 6 and 1/2 hours countdown. China wakes up in 3 Edit, it's actually 530am now |
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Hmm bought back in with 1/3
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Bears are really getting slapped around
It's a bit quiet right now |
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Hmmm have we found support?
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