Increase in daily trading volumes of nearly all Cryptocurrencies

[CryptoRev]

Bitcoin's daily trading value is at around 90 million and Litcoin's is at 40 million. Projects like Peercoin are also at around the 5 million mark. The whole market is experiencing an upswing. Reasons??

China market crash combined with the Greece situation creating enough speculation, i guess. Any ideas??

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[Amph]

regular activity when bitcoin get pumped, it happened often in the past, for every big bitcoin pump, nothing extraordinary

china amrket and grexit, helped yes but i believe that they did not had a direct impact on the market, they worked good as a side effect

[CryptoRev]

regular activity when bitcoin get pumped, it happened often in the past, for every big bitcoin pump, nothing extraordinary

china amrket and grexit, helped yes but i believe that they did not had a direct impact on the market, they worked good as a side effect

Exactly, these events created speculation, that started the pump, after that its the regular market reaction.

[jeffthebaker]

Altcoins aren't doing so hot right now. Litecoins have dropped from $8+ to around $5, and still dropping. Despite Bitcoin shooting up near the $300 mark, all other crypto are dropping, at least that is the case on BTC-E

[Outlander]

Altcoins aren't doing so hot right now. Litecoins have dropped from $8+ to around $5, and still dropping. Despite Bitcoin shooting up near the $300 mark, all other crypto are dropping, at least that is the case on BTC-E

Most traders are following the crowd. IMO ppl are flooding to bitcoin and dumping their altcoins at the moment.

[ammybenj]

I am agreed with the thing that most trader and new traders following the crowd but my question is what should they (Or I do) if will not follow. There are many experienced traders are there who does that.
Is there anything wrong with it?

[aakashsangwan]

Altcoins aren't doing so hot right now. Litecoins have dropped from $8+ to around $5, and still dropping. Despite Bitcoin shooting up near the $300 mark, all other crypto are dropping, at least that is the case on BTC-E

hmm....  litecoin came from around $3 to $9 which is a 300% rise in just a few days and you are saying that they are not doing good business???
And in case of Bitcoin it went from $260 around to $315 which is around 119%
Either you are not good in numbers or you have not done some research on it.!!!

[Amph]

I am agreed with the thing that most trader and new traders following the crowd but my question is what should they (Or I do) if will not follow. There are many experienced traders are there who does that.
Is there anything wrong with it?

if will not follow the trend you will lose, learn to trade by recognizing the chart and the trend, usually there are 3 different kind of type of chart to recognize

head & shoulderd, double top/bottom and triangles

[g33kski11z]

..learn to trade by recognizing the chart and the trend, usually there are 3 different kind of type of chart to recognize, head & shoulderd, double top/bottom and triangles...

What do you use for charting?

[XinXan]

Probably the ltc pump, people start trading in ltc then other coins experience raise too and boom everyone starts buying then later collapses, everyone sells so a lot of trading its happening in a really short amount of time.

[Amph]

..learn to trade by recognizing the chart and the trend, usually there are 3 different kind of type of chart to recognize, head & shoulderd, double top/bottom and triangles...

What do you use for charting?

i like to follow the speculation board, there is some good TA there, PNF TA is what i like