macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 23, 2016, 04:56:13 PM |
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Major resistance is broken on XMR, I believe we will reach 0.0017 easily and after that 0.0023-0.0024. If this is broken then we head for the moon. Maybe it's time to go all in XMR (I personally did so).
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Chaos could be a form of intelligence we cannot yet understand its complexity.
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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January 23, 2016, 05:24:38 PM |
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Any update on XMR Klee? It broke the local high on volume: But I am curious for your analysis as well. I took ETH profit (gave a multiple top breakout at 401K satoshi) and entered XMR: https://twitter.com/CryptXO/status/690931290036637696EDIT: Ascending top & bottom triple top break, normally it should give decent amount of Xs. Thanks, I already spotted that on twitter and was wondering if it was yours, because it looked oddly familiar.
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klee (OP)
Legendary
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Activity: 1498
Merit: 1000
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January 23, 2016, 05:32:25 PM |
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Any update on XMR Klee? It broke the local high on volume: But I am curious for your analysis as well. I took ETH profit (gave a multiple top breakout at 401K satoshi) and entered XMR: https://twitter.com/CryptXO/status/690931290036637696EDIT: Ascending top & bottom triple top break, normally it should give decent amount of Xs. Thanks, I already spotted that on twitter and was wondering if it was yours, because it looked oddly familiar. What's your ID there to follow you?
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dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
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January 23, 2016, 05:53:40 PM |
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Any update on XMR Klee? It broke the local high on volume: But I am curious for your analysis as well. I took ETH profit (gave a multiple top breakout at 401K satoshi) and entered XMR: https://twitter.com/CryptXO/status/690931290036637696EDIT: Ascending top & bottom triple top break, normally it should give decent amount of Xs. Thanks, I already spotted that on twitter and was wondering if it was yours, because it looked oddly familiar. What's your ID there to follow you? PMed
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 27, 2016, 03:29:45 PM |
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BTC/LTC 0.0085 is a buy signal. If it's a strong break (ie: High Volume) we head for quite a ride.
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Chaos could be a form of intelligence we cannot yet understand its complexity.
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klee (OP)
Legendary
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Activity: 1498
Merit: 1000
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January 27, 2016, 03:35:54 PM |
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Above 0.0085 is a buy I agree.
I would not touch it if the LTCUSD pair is falling. Many people though are just interested to increase their BTCs!
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klee (OP)
Legendary
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Activity: 1498
Merit: 1000
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January 29, 2016, 10:43:37 AM |
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klee (OP)
Legendary
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Activity: 1498
Merit: 1000
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January 29, 2016, 10:50:39 AM |
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Strong sell today: POLONIEX 1D XMRBTC HL 3%x3
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klee (OP)
Legendary
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Activity: 1498
Merit: 1000
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January 31, 2016, 10:25:53 AM |
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I am long $BTC here with a stop at 357$.
Long term long (investing).
Not suggesting anything.
My analysis though says it is a very good entry point and we have a pretty close stop (I will sell manual in a higher price of 357 if I can, in case this goes bad).
Bitfinex prices.
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8up
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January 31, 2016, 11:01:04 AM |
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I am long $BTC here with a stop at 357$.
Long term long (investing).
Not suggesting anything.
My analysis though says it is a very good entry point and we have a pretty close stop (I will sell manual in a higher price of 357 if I can, in case this goes bad).
Bitfinex prices.
Couldn't agree more. IMO we'll see some "unexpected" behaviour in the next 10 days.
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Always wrong until not.
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klee (OP)
Legendary
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Activity: 1498
Merit: 1000
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January 31, 2016, 11:19:25 AM |
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I am long $BTC here with a stop at 357$.
Long term long (investing).
Not suggesting anything.
My analysis though says it is a very good entry point and we have a pretty close stop (I will sell manual in a higher price of 357 if I can, in case this goes bad).
Bitfinex prices.
Couldn't agree more. IMO we'll see some "unexpected" behaviour in the next 10 days. I should highlight however that below 355 the trend is bear again...
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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January 31, 2016, 12:17:50 PM |
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I am not sure what to think: any mining rig that is not making 50% margins will be unprofitable to operate after the halvening. And difficulty should increase by then too so probably need 70% margins now to be operational then, unless price jumps.
what if the price does not jump? :/
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 31, 2016, 12:19:18 PM |
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I am not sure what to think: any mining rig that is not making 50% margins will be unprofitable to operate after the halvening. And difficulty should increase by then too so probably need 70% margins now to be operational then, unless price jumps.
what if the price does not jump? :/
People will then switch to the next best thing (XMR, ETH, LTC, you name it).
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Chaos could be a form of intelligence we cannot yet understand its complexity.
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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January 31, 2016, 12:20:23 PM |
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I am not sure what to think: any mining rig that is not making 50% margins will be unprofitable to operate after the halvening. And difficulty should increase by then too so probably need 70% margins now to be operational then, unless price jumps.
what if the price does not jump? :/
People will then switch to the next best thing (XMR, ETH, LTC, you name it). POW asic can swithc to these shitcoin?
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 31, 2016, 12:32:13 PM |
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I am not sure what to think: any mining rig that is not making 50% margins will be unprofitable to operate after the halvening. And difficulty should increase by then too so probably need 70% margins now to be operational then, unless price jumps.
what if the price does not jump? :/
People will then switch to the next best thing (XMR, ETH, LTC, you name it). POW asic can swithc to these shitcoin? I'm not talking about mining; I'm talking about investment / transition. Mining is far from being profitable for nearly every coin out there (with a few exceptions, which only last for hours when many learn about them). FWIW, I don't think that a doom scenario is en route for BTC; to the contrary I believe that the price will follow the network; and the network will always keep growing. We're nearly 8 years now since its beginning and believe it or not, BTC has still many believers. I always keep an eye for alternatives though...
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Chaos could be a form of intelligence we cannot yet understand its complexity.
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Gillette
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January 31, 2016, 01:27:44 PM |
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I am not sure what to think: any mining rig that is not making 50% margins will be unprofitable to operate after the halvening. And difficulty should increase by then too so probably need 70% margins now to be operational then, unless price jumps.
what if the price does not jump? :/
People will then switch to the next best thing (XMR, ETH, LTC, you name it). POW asic can swithc to these shitcoin? I'm not talking about mining; I'm talking about investment / transition. Mining is far from being profitable for nearly every coin out there (with a few exceptions, which only last for hours when many learn about them). FWIW, I don't think that a doom scenario is en route for BTC; to the contrary I believe that the price will follow the network; and the network will always keep growing. We're nearly 8 years now since its beginning and believe it or not, BTC has still many believers. I always keep an eye for alternatives though... Alternative what? Alternative coin or alternative tech?
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klee (OP)
Legendary
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Activity: 1498
Merit: 1000
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January 31, 2016, 03:38:43 PM |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 31, 2016, 03:41:03 PM |
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Yes, 0.0058 was a critical support. I expect 0.004xx area soon too (provided BTC climbs over 400$)
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Chaos could be a form of intelligence we cannot yet understand its complexity.
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Gillette
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January 31, 2016, 03:41:27 PM |
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Agree 100% on both points !
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