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chaoman
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June 17, 2015, 09:55:28 AM |
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who says that there is no news? just because you don't know about it doesn't mean there is no reason behind it. there are big players making moves behind the scenes.
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poncom
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June 17, 2015, 09:56:44 AM |
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I'm not a big fan of such a huge rally based on nothing.
While I believe the price should be closer to $400 I am skeptical of a 10+% rise out of nowhere.
If it is based on the Grexit thing (as Reuters claims) then that just leaves the price to go back down when they bail out Greece in the next week or so.
Regardless, I hope it stabilizes above $240 for a while putting a final nail in the bear market.
There have been at least two previous occasions when an unbreakable deadline loomed and it seemed like there was no way to avoid a Grexit. Each time the unbreakable deadline passed, miraculously got extended, and a seemingly impossible deal was done. A few weeks later the whole thing disappears from the news. They will probably do a last minute deal again this time. |
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ChartBuddy
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Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 17, 2015, 09:57:11 AM |
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cyclotronmajesty
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June 17, 2015, 09:58:48 AM |
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So it seems LTC is going up with BTC...
Other than the fact that they are both cryptocurrencies and LTC is used to arbitrage.
I don't see why they are doing the same thing.
Anyone know?
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DutchTrades
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June 17, 2015, 10:02:42 AM |
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Bearish flag spotted..
Not realy a point beceause we're backed by strong fundamentals.
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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June 17, 2015, 10:06:53 AM
Last edit: June 17, 2015, 10:35:31 AM by Spaceman_Spiff |
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Such mini-parabole. Much Wow!
To clarify: I think the price moved up relatively fast right now, but on the other hand, in the big picture it is a very minor upmove, and there seems to be some sceptism (which is natural after a prolonged bear market). I don't expect a big crash, likely some consolidation or perhaps a bigger runup with a larger correction. (EDIT: all predictions for the short-term, on the medium term, I would expect further stabilization or a minor upmove)
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Fatman3001
Legendary
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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June 17, 2015, 10:26:09 AM |
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So it seems LTC is going up with BTC...
Other than the fact that they are both cryptocurrencies and LTC is used to arbitrage.
I don't see why they are doing the same thing.
Anyone know?
Traders loading up on LTC for arbitrage because they think BTC is gong to become more volatile in the very near future. |
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Dotto
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No maps for these territories
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June 17, 2015, 10:29:14 AM |
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I love the smell of burning bears in the morning.   It wasn´t a bulltrap (yet). |
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mr angry
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June 17, 2015, 10:36:30 AM |
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Stamp just gave a green light for next leg up It's gone down to 252 on Stamp. If people start arbitraging between Stamp and the other exchanges it could push the price down now. |
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medialab101
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June 17, 2015, 10:40:22 AM |
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Stamp just gave a green light for next leg up It's gone down to 252 on Stamp. If people start arbitraging between Stamp and the other exchanges it could push the price down now. The Chinese exchanges are still about $5 USD out in front and don't show any signs of slowing down. If anything, Stamps is going to get dragged along kicking and screaming. That bearwhale that keeps flashing his fake walls is going to have a bad time. |
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klee
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Activity: 1498
Merit: 1002
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June 17, 2015, 10:41:57 AM |
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Stamp just gave a green light for next leg up It's gone down to 252 on Stamp. If people start arbitraging between Stamp and the other exchanges it could push the price down now. The Chinese exchanges are still about $5 USD out in front and don't show any signs of slowing down. If anything, Stamps is going to get dragged along kicking and screaming. That bearwhale that keeps flashing his fake walls is going to have a bad time. Where is the bigger volume (China & Finex) the others will follow  So probably Stamp will get hammered upwards! |
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Dotto
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No maps for these territories
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June 17, 2015, 10:42:48 AM |
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It is really possible to arb BTC with LTC? Or with XMR?. Since they are based in BTC seems like a flawed logic...
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Fatman3001
Legendary
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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June 17, 2015, 10:43:20 AM |
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Stamp just gave a green light for next leg up It's gone down to 252 on Stamp. If people start arbitraging between Stamp and the other exchanges it could push the price down now. The Chinese exchanges are still about $5 USD out in front and don't show any signs of slowing down. If anything, Stamps is going to get dragged along kicking and screaming. That bearwhale that keeps flashing his fake walls is going to have a bad time. Smoke and mirrors. The flashing walls are probably from the same people who's doing the pumping. It's a managed rise. |
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LFC_Bitcoin
Diamond Hands
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June 17, 2015, 10:43:36 AM |
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1600 CNY - smashing through the wall, next step 1700? This upwards rise is showing no signs of stopping, seems the bears are struggling to stop this, it's a nice slow rise too, not too fast. Could we reach 270 USD by the end of the week?
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Master mind
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June 17, 2015, 10:46:07 AM |
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1600 CNY - smashing through the wall, next step 1700? This upwards rise is showing no signs of stopping, seems the bears are struggling to stop this, it's a nice slow rise too, not too fast. Could we reach 270 USD by the end of the week?
http://bitcoinrichlist.com/top500  |
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pnik009a
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June 17, 2015, 10:46:46 AM |
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1600 CNY - smashing through the wall, next step 1700? This upwards rise is showing no signs of stopping, seems the bears are struggling to stop this, it's a nice slow rise too, not too fast. Could we reach 270 USD by the end of the week?
Next step back to 1200 CNY. Could we reach 270 USD by the end of the week? No, we will hit back to sub $220 the end of the week. and this: |
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ChartBuddy
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June 17, 2015, 10:57:18 AM |
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cyclotronmajesty
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June 17, 2015, 10:57:56 AM |
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256
1000 coin wall on bitfinex just got removed...
I guess i'm back in the game...
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gizmoh
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Merit: 1000
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June 17, 2015, 10:59:14 AM |
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CRAP
author=pnik009a Panik.. Ur new nick says it all NLC |
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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June 17, 2015, 11:00:21 AM |
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It is really possible to arb BTC with LTC? Or with XMR?. Since they are based in BTC seems like a flawed logic...
They are not 'based in BTC'. LTC or XMR or any other cryptocurrency can be used to quickly get funds from 1 exchange to another. As long as the LTC/BTC or XMR/BTC pair remains the same at 2 exchanges, while there is a difference in the USD/BTC exchange rates, you can use it to arb. Thing is that the LTC/BTC pairs have less liquidity, and will probably quickly become the same or similar at the various exchanges. (I don't have any experience doing this, just based on theory) |
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