roslinpl
Legendary
 Offline
Activity: 2212
Merit: 1199
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April 13, 2014, 02:42:56 PM |
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I want to see bitcoin under 400 mark till the end of this day.!
So sorry if you want cheap coin your time is over a few days ago. :-) I predict price will stay above 400 till tomorrow and then we will remind October :-) Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up? Just a feeling. we have a weekend before 15th ... people made already some panic during a week when China was dumping. Now everything seems to be going back to normal tracks, as I see a ++ for a hashrate and I just feel that next week we will get easly +100$. |
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jonoiv
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April 13, 2014, 02:44:35 PM |
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According to my calculations, we're not going lower then $410 Have I miscalculated  No. Keep calculating. It holds the price up. buying helps tooGood calculations boys.  Next time use some real stats not fabrication Analysis and wishfullnessematics. |
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merkin51
Member
Offline
Activity: 95
Merit: 10
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April 13, 2014, 02:45:47 PM |
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Volume is incredibly low.
I just encountered BlackCoin and I think it's a very interesting pump concept. The coin switched from PoW to PoS. Now the only way to mine it is indirectly, and to facilitate that, there is a multipool, bcmultipool.com, which mines scrypt alts, dumps for BTC, and buys BC with BTC. It then pays out in BC.
The effect is that every 20-60 minutes there is a market order for BC. The BC bid keeps going up. Also, whatever scrypt is leading the return on difficulty gets dumped. If enough miners decide to take payouts in BC in this way, BC would then drain the marketcap of all the scrypt coins.
I like this idea, because I think its good for BTC. It's a layered market, and it reduces the fog of uncertainty regarding competitors by dumping and crushing the value of a large number of trash coins. Not sure if it is actually an improvement over just switch-mining with BTC payout, though. I might be.
But surely the fact that the last stage of Blackcoin mining is dumping the BTC, makes it not good for BTC? You get a big BTC dump whenever the blackcoin pools pay out. The more popular blackcoin gets, the bigger the hash, the more alt > btc mined, the bigger the BTC dumps. The value of blackcoin keeps rising, so few are buying straight back in to btc when they get paid. So the net result is more bitcoin getting dumped at current buy order. I'm mining on blackcoinpool.com with 4.2MH and getting about 0.0034 btc worth or blackcoin a day, which is twice what I've been getting of pure btc on multipools. I also bought 10,000 blackcoin at 9000 satoshi, it's now at 30,000+ :/ I'm very wary of altcoins, but this has been incredible so far. |
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p0peji
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April 13, 2014, 02:46:09 PM |
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I want to see bitcoin under 400 mark till the end of this day.!
So sorry if you want cheap coin your time is over a few days ago. :-) I predict price will stay above 400 till tomorrow and then we will remind October :-) Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up? Just a feeling. we have a weekend before 15th ... people made already some panic during a week when China was dumping. Now everything seems to be going back to normal tracks, as I see a ++ for a hashrate and I just feel that next week we will get easly +100$. First we will have a big dump before 12pm Chinese time. |
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igorr
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April 13, 2014, 02:47:55 PM |
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Bitcoin = Dumpcoin  |
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p0peji
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April 13, 2014, 02:54:47 PM |
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The big question now is "Will we see below 340$ on the incoming dump?"
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igorr
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April 13, 2014, 02:56:19 PM |
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lol, Bistamp crash again  |
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roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
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April 13, 2014, 02:56:42 PM |
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I want to see bitcoin under 400 mark till the end of this day.!
So sorry if you want cheap coin your time is over a few days ago. :-) I predict price will stay above 400 till tomorrow and then we will remind October :-) Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up? Just a feeling. we have a weekend before 15th ... people made already some panic during a week when China was dumping. Now everything seems to be going back to normal tracks, as I see a ++ for a hashrate and I just feel that next week we will get easly +100$. First we will have a big dump before 12pm Chinese time. I don't really think so but time will show  |
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igorr
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April 13, 2014, 02:57:19 PM |
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wow, hard crash
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p0peji
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April 13, 2014, 02:57:52 PM |
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I want to see bitcoin under 400 mark till the end of this day.!
So sorry if you want cheap coin your time is over a few days ago. :-) I predict price will stay above 400 till tomorrow and then we will remind October :-) Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up? Just a feeling. we have a weekend before 15th ... people made already some panic during a week when China was dumping. Now everything seems to be going back to normal tracks, as I see a ++ for a hashrate and I just feel that next week we will get easly +100$. First we will have a big dump before 12pm Chinese time. I don't really think so but time will show All I can say that it is not looking good atm. Just wait for some buy walls to be pulled and down we go again. |
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jonoiv
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April 13, 2014, 02:58:09 PM |
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lol, Bistamp crash again You are such a troll But i agree, it's bear city now. I doubt $340 will hold. |
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minerpumpkin
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April 13, 2014, 02:58:19 PM |
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Really some meltdown on stamp...
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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April 13, 2014, 02:58:35 PM |
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igorr
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April 13, 2014, 02:59:13 PM |
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lol, Bistamp crash again You are such a troll But i agree, it's bear city now. I doubt $340 will hold.  View Screen Capture |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 13, 2014, 03:00:26 PM |
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p0peji
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April 13, 2014, 03:00:50 PM |
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I am also wondering if this time there will be the same buy support or that people will be more reluctant to buy in again, I think the latter will be true.
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jonoiv
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April 13, 2014, 03:01:27 PM |
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lol, Bistamp crash again You are such a troll But i agree, it's bear city now. I doubt $340 will hold. where do you think the bottom is? |
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Davyd05
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April 13, 2014, 03:02:52 PM |
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Imma go out there on a really thin limb and say bear trap
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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April 13, 2014, 03:03:19 PM |
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where do you think the bottom is?
The $0 bottom seems to be quite secure and rarely tested |
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kooke
Sr. Member
Offline
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
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April 13, 2014, 03:03:28 PM |
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where do you think the bottom is?
Probably around the same level as last time; $330 - $350 |
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