cAPSLOCK
Legendary
 Offline
Activity: 2800
Merit: 2016
Inverse Bearish Spike Indicator!
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May 20, 2014, 02:28:01 PM |
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There it is... running in slow motion again.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Biro Bob
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May 20, 2014, 02:29:59 PM |
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I like a rally as much as the next guy - but I would prefer slow and steady growth over a sustained period.
....However. There's nothing wrong with a rally every day over a sustained period!
That also works for me.
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YogoH
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May 20, 2014, 02:30:20 PM |
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 Bear is cooking on this train to the moon! CHOO CHOO |
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ShroomsKit
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May 20, 2014, 02:30:26 PM |
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A few big early morning pumps and following that back to anaemic volume, no cause for celebration
LTC hasn't followed much, which is a cause for concern as it usually follows btc at greater percentage!  Look how many alt coins there are now and look at some of the gains that they are experiencing. Why would you invest in LTC that has stayed in a 0.015 range since March? Especially when its only selling point is speed. I'm very curious to see what'll become of LTC. Perhaps we'll see a second mover advantage hanging in there or maybe it'll just be eaten alive by the tidal wave of new coins. I'll tell you what will happen to Litecoin. I owned shitloads of Litecoins which i sold just before they started moving from 2 to 40 dollars or so. Lost out on a sickening amount of money. I bought a good bunch back last month and now they don't do shit anymore. Of course i can start buying other alt-coins but they will turn to shit the minute i look at it. |
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dreamspark
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May 20, 2014, 02:31:32 PM |
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[INSERT TRAIN PIC] Seems the bears really are running out of coins. Can someone post a good chart of the long and mid term trend lines, preferably in log (yes IM being lazy but I know some people have them to hand  ) |
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spooderman
Legendary
Offline
Activity: 1582
Merit: 1006
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May 20, 2014, 02:31:42 PM |
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A few big early morning pumps and following that back to anaemic volume, no cause for celebration
LTC hasn't followed much, which is a cause for concern as it usually follows btc at greater percentage! Look how many alt coins there are now and look at some of the gains that they are experiencing. Why would you invest in LTC that has stayed in a 0.015 range since March? Especially when its only selling point is speed. I'm very curious to see what'll become of LTC. Perhaps we'll see a second mover advantage hanging in there or maybe it'll just be eaten alive by the tidal wave of new coins. I'll tell you what will happen to Litecoin. I owned shitloads of Litecoins which i sold just before they started moving from 2 to 40 dollars or so. Lost out on a sickening amount of money. I bought a good bunch back last month and now they don't do shit anymore. Of course i can start buying other alt-coins but they will turn to shit the minute i look at it. that's teh spirit! |
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dreamspark
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May 20, 2014, 02:32:59 PM |
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I like a rally as much as the next guy - but I would prefer slow and steady growth over a sustained period.
....However. There's nothing wrong with a rally every day over a sustained period!
That also works for me.
How much slow and steady do you need? Have you been looking at the markets for the last few months? |
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hd060053
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May 20, 2014, 02:34:11 PM |
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its led by bitstamp, huobi following
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Patel
Legendary
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Activity: 1320
Merit: 1006
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May 20, 2014, 02:34:52 PM |
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Its crazy to imagine that this rally could be caused by a billionaire trying to get a nice stake in bitcoin.
Could be Bill Gates or bankers buying in for all we know. Beauty of scarcity.
It could also have something to do with the large gas deal between China and Russia. And people losing faith in the dollar.
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studio1one
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May 20, 2014, 02:38:12 PM |
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Logarithmic long term downtrend line just broke for the first time since March and only second time since Nov. 3 day MacD has 5 green candles.
Possible end of long term down trend and start of next bubble?
fuck me I hope so
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Biro Bob
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May 20, 2014, 02:38:38 PM |
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I'll tell you what will happen to Litecoin. I owned shitloads of Litecoins which i sold just before they started moving from 2 to 40 dollars or so. Lost out on a sickening amount of money.
I bought a good bunch back last month and now they don't do shit anymore. Of course i can start buying other alt-coins but they will turn to shit the minute i look at it.
Yup! I did that too. Bought them for $1. Watched them rise to $4. Sold them at $2. Bought some at $40 (still got them) - Bought some more at $14 (Still got them) Now... meh! Wish I'd kept to Bitcoin exclusively! I'm not going to sell them - I'm just gonna keep them for 12/24 months. |
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dewdeded
Legendary
Offline
Activity: 1218
Merit: 1011
Monero Evangelist
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May 20, 2014, 02:39:27 PM |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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May 20, 2014, 02:40:35 PM |
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Looks like volatility isn't entirely dead yet :D
About time.
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studio1one
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May 20, 2014, 02:43:09 PM |
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Logarithmic long term downtrend line just broke for the first time since March and only second time since Nov. 3 day MacD has 5 green candles.
Possible end of long term down trend and start of next bubble?
fuck me I hope so
 breakout baby |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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May 20, 2014, 02:48:50 PM |
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A few big early morning pumps and following that back to anaemic volume, no cause for celebration
actually we haven't seen this upwards hourly volume on bitstamp since april 16 this may be the breakout we have all been waiting for. |
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Ultros
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May 20, 2014, 02:53:32 PM |
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ccmf?
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wachtwoord
Legendary
Offline
Activity: 2100
Merit: 1044
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May 20, 2014, 02:56:05 PM |
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ccmf?
"Choo choo motherfucker" |
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p0peji
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May 20, 2014, 02:57:32 PM |
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This will probably be the Big move. I have just filled up another round of short positions.
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ChartBuddy
Legendary
Offline
Activity: 1050
Merit: 1000
1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G
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May 20, 2014, 03:00:41 PM |
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Dalmar
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May 20, 2014, 03:01:31 PM |
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This will probably be the Big move. I have just filled up another round of short positions.
You are going to get squeezed  |
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Poll
