Mallyx
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May 11, 2017, 07:06:29 AM |
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Down to 40k-41k now. We entered into the phase 4 buy zone. However, it could go down a bit more. If it break below 38-39k, the wave B will be cancelled and we may revisit the 25-30k low. Phase 5 is ongoing The resistance is 52-53k. If we pierce it, we will meet new highs. So that small prediction is over and done: we broke 52-53k for a straight push to 78k I think we are entering into a new cycle. We may have some ascending triangle forming, but I don't know at this state.
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slap
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May 11, 2017, 07:20:27 AM |
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Mallyx, well spotted and charted.
Did anyone here join the encryptotel ico and also couldnt see the invested amount of waves in dashboard? I filled in the google.doc, just wondering if some of you had similar experience. tia
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hiddensphinx
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Activity: 1457
Merit: 1001
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May 11, 2017, 07:51:13 AM |
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So that small prediction is over and done: we broke 52-53k for a straight push to 78k I think we are entering into a new cycle. We may have some ascending triangle forming, but I don't know at this state. Time for a new chart Mallyx
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ShabbosShekels
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May 11, 2017, 07:58:07 AM |
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I sold some WCT for BTC in the wallet. But when I try to withdraw the BTC, I get a "station error". Can someone please explain why? Thanks.
Why would you do that, the way things are headed we'll be over $5 by next fortnight? Since you are such an expert on the future, please help answer my original question. If you'd asked nicer I would, but since you asked like that, figure it out for yourself, dumbass! Because I'm a nice guy I'll give you a hint, you need to pay the piper.
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kaltun
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May 11, 2017, 07:59:53 AM |
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So that small prediction is over and done: we broke 52-53k for a straight push to 78k I think we are entering into a new cycle. We may have some ascending triangle forming, but I don't know at this state. Time for a new chart Mallyx yup indeed , if you open an chart orso tweet , i will follow you also
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hiddensphinx
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May 11, 2017, 08:13:18 AM Last edit: May 14, 2017, 05:28:16 AM by hiddensphinx |
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too early to say this but we are beginning to see a formation of a bull flag on the 1 Day chart but yeah still too early to confirm...need another 2-3 more days for the candle to form we will have a better idea by Monday
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Grahnite
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May 11, 2017, 08:32:36 AM |
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Down to 40k-41k now. We entered into the phase 4 buy zone. However, it could go down a bit more. If it break below 38-39k, the wave B will be cancelled and we may revisit the 25-30k low. Phase 5 is ongoing The resistance is 52-53k. If we pierce it, we will meet new highs. So that small prediction is over and done: we broke 52-53k for a straight push to 78k I think we are entering into a new cycle. We may have some ascending triangle forming, but I don't know at this state. I am no tech analysis guru, but it looks like a pennant or triangle forming on Bittrex. Could possibly break upwards into the 90's?
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ShabbosShekels
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May 11, 2017, 08:38:29 AM |
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Down to 40k-41k now. We entered into the phase 4 buy zone. However, it could go down a bit more. If it break below 38-39k, the wave B will be cancelled and we may revisit the 25-30k low. Phase 5 is ongoing The resistance is 52-53k. If we pierce it, we will meet new highs. So that small prediction is over and done: we broke 52-53k for a straight push to 78k I think we are entering into a new cycle. We may have some ascending triangle forming, but I don't know at this state. I am no tech analysis guru, but it looks like a pennant or triangle forming on Bittrex. Could possibly break upwards into the 90's? We are going way past 100K sat, WCT has already been there, Waves will be over 250K sat by July if not way before, once we hit critical mass it's a straight shot to $20.
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Mallyx
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May 11, 2017, 08:41:15 AM |
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too early to say this but we are beginning to see a formation of a bull flag on the 1 Day chart but yeah still too early to confirm...need another 2-3 more days for the candle to form we will have a better idea by Monday The 1h chart is also showing a well-formed bullish triangle (in that case we're going to the moon soon). It also could be that classic corrective pattern (we could be on B, still on the 1h chart): I'll not be surprised if the price correct a bit down somewhere between 55-60k then swing between 60-70k before it break up. An other scenario is that I was wrong and the phase 5 isn't over yet, or we were in a phase 3... So many possibilities for now But Waves is long-term bullish anyway.
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FandangledGizmo
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May 11, 2017, 08:56:31 AM |
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Waves is a cool project but the reason I'm posting here is because the CEO of waves is escrow for encryptotel. They had a max cap of $3 million as clearly stated on their ICO page. At the last minute they changed the ICO terms Imagine if the TKN crowdsale which reached their CAP in less than 30 minutes, said "oh by the way, we're actually going to leave the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap." They have finally closed at $4.4 million. Should Sasha release the escrow?
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biggzi
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May 11, 2017, 09:20:28 AM |
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Waves is a cool project but the reason I'm posting here is because the CEO of waves is escrow for encryptotel. They had a max cap of $3 million as clearly stated on their ICO page. At the last minute they changed the ICO terms Imagine if the TKN crowdsale which reached their CAP in less than 30 minutes, said "oh by the way, we're actually going to leave the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap." They have finally closed at $4.4 million. Should Sasha release the escrow? The decided to leave the sale open for another 24 hours due to technical problems with their site. Someone at the last minute dropped a ton of Waves. Its not hard for them to refund any oversold so stop worrying!! It's funny that you use TKN as your example because they had exactly the same problem! lol their ICO oversold the cap. They refunded people. Sorted. Everything is OK.
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FandangledGizmo
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May 11, 2017, 09:28:51 AM |
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Waves is a cool project but the reason I'm posting here is because the CEO of waves is escrow for encryptotel. They had a max cap of $3 million as clearly stated on their ICO page. At the last minute they changed the ICO terms Imagine if the TKN crowdsale which reached their CAP in less than 30 minutes, said "oh by the way, we're actually going to leave the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap." They have finally closed at $4.4 million. Should Sasha release the escrow? The decided to leave the sale open for another 24 hours due to technical problems with their site. Someone at the last minute dropped a ton of Waves. Its not hard for them to refund any oversold so stop worrying!! It's funny that you use TKN as your example because they had exactly the same problem! lol their ICO oversold the cap. The refunded people. Sorted. Everything is OK. You are 100% right that if they just refund people over $3m, it is sorted, everything is OK. However in this case the extension announcement was made after someone dropped the ton of waves I believe? Do you agree that if they don't refund excess money but want to keep the $4.4 million. Sasha should not release the escrow?
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biggzi
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May 11, 2017, 09:59:52 AM |
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You are 100% right that if they just refund people over $3m, it is sorted, everything is OK.
However in this case the extension announcement was made after someone dropped the ton of waves I believe?
Do you agree that if they don't refund excess money but want to keep the $4.4 million. Sasha should not release the escrow?
Oh yes for sure! I won't be happy if they don't refund people. They have to otherwise they will have people rioting... thats 50% oversold. That's why im not worrying.... they will sort it.
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2Pac
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May 11, 2017, 10:13:23 AM |
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Is it cheap WAVES or end of short-term rally, what do you think? Price is 66k sat, it saw 78k yesterday. Any chance we push forward again today? I'm very confused and don't know what to do, bought some more over 70k yesterday. If price fall down today I'll put my WAVES to lite client and start leasing.
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Soul_eater_123
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May 11, 2017, 10:38:25 AM |
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Is it cheap WAVES or end of short-term rally, what do you think? Price is 66k sat, it saw 78k yesterday. Any chance we push forward again today? I'm very confused and don't know what to do, bought some more over 70k yesterday. If price fall down today I'll put my WAVES to lite client and start leasing.
I would suggest you stay out of crypto if you have to ask these kind of questions.
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Grahnite
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May 11, 2017, 10:50:28 AM |
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Down to 40k-41k now. We entered into the phase 4 buy zone. However, it could go down a bit more. If it break below 38-39k, the wave B will be cancelled and we may revisit the 25-30k low. Phase 5 is ongoing The resistance is 52-53k. If we pierce it, we will meet new highs. So that small prediction is over and done: we broke 52-53k for a straight push to 78k I think we are entering into a new cycle. We may have some ascending triangle forming, but I don't know at this state. I am no tech analysis guru, but it looks like a pennant or triangle forming on Bittrex. Could possibly break upwards into the 90's? Doh! How wrong I was. Lol! I will leave tech analysis for the experts from now on
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biggzi
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May 11, 2017, 10:53:00 AM |
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Is it cheap WAVES or end of short-term rally, what do you think? Price is 66k sat, it saw 78k yesterday. Any chance we push forward again today? I'm very confused and don't know what to do, bought some more over 70k yesterday. If price fall down today I'll put my WAVES to lite client and start leasing.
Don't panic! So many developments happening! Still really strong buy support even during this bitcoin rally. Just lease your waves and sit tight. So many overvalued coins out there that are just pumped through pure speculation that actually have no real world purpose. Waves is just taking off.
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FandangledGizmo
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Activity: 1138
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May 11, 2017, 11:01:29 AM |
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You are 100% right that if they just refund people over $3m, it is sorted, everything is OK.
However in this case the extension announcement was made after someone dropped the ton of waves I believe?
Do you agree that if they don't refund excess money but want to keep the $4.4 million. Sasha should not release the escrow?
Oh yes for sure! I won't be happy if they don't refund people. They have to otherwise they will have people rioting... thats 50% oversold. That's why im not worrying.... they will sort it. Looks like they are keeping the money and the Waves CEO is in on it. As an escrow for Waves, I can assure EncryptoTel investors that the additional funds raised after the ICO cut-off time will be used in an appropriate way by EncryptoTel team. The decision to prolong the ICO for 24 hours was quite reasonable, since the investment target was reached through an appreciation in the exchange rates, and many investors were unprepared for such an abrupt end to the crowdsale.’ — Sasha Ivanov, CEO of Waves and escrow for EncryptoTel
https://medium.com/@encryptotel/an-update-on-the-encryptotel-crowdsale-e2c3739f2b4cWaves is still a great project that should do well but this is very dissapointing.
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Zimtente
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Quack.
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May 11, 2017, 11:44:44 AM |
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Is it cheap WAVES or end of short-term rally, what do you think? Price is 66k sat, it saw 78k yesterday. Any chance we push forward again today? I'm very confused and don't know what to do, bought some more over 70k yesterday. If price fall down today I'll put my WAVES to lite client and start leasing.
just hold mate - dont panic ;-) thats what makes the price go down u k :-P
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