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seriouscoin
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December 19, 2013, 11:49:20 AM |
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Everytime we're going up but the spread between exchanges getting larger is not a good thing.
BTCChina is SO CHEAP? this pump push the price up for for arbitrage profits.
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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December 19, 2013, 11:49:44 AM |
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I just discovered Kraken.. I'm surprised more people aren't using them. They have a bunch of advanced features, including stop loss. San Francisco based I'm surprised...given their third fiat currency is KRW I thought they were a Korean enterprise...nothing against Korea...its just a weird choice. |
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jl2012
Legendary
Offline
Activity: 1792
Merit: 1093
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December 19, 2013, 11:53:57 AM |
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On a side note , i'm noticing LTC is now stagnating around 17-18 despite current rally.
Charlie Lee,founder of ltc whose brother Bobby Lee is owner of btcchina; My guess: he is slowly dumping his ltc cause its likely worse than it seems in china..
LTC is hopeless. If China was responsible for 50% of the Bitcoin rally, than it was responsible for 90% of the Litecoin rally |
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fluidjax
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December 19, 2013, 11:57:51 AM |
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Bears... is it time to switch to your alt accounts yet?  |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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December 19, 2013, 11:58:08 AM |
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On a side note , i'm noticing LTC is now stagnating around 17-18 despite current rally.
Charlie Lee,founder of ltc whose brother Bobby Lee is owner of btcchina; My guess: he is slowly dumping his ltc cause its likely worse than it seems in china..
LTC is hopeless. If China was responsible for 50% of the Bitcoin rally, than it was responsible for 90% of the Litecoin rally If it had stayed at a constant rate to BTC it would have been okay. I sold my (only 10) Litecoins at 0.049 BTC at the end of November. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 19, 2013, 12:01:45 PM |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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December 19, 2013, 12:02:00 PM |
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Everytime we're going up but the spread between exchanges getting larger is not a good thing.
BTCChina is SO CHEAP? this pump push the price up for for arbitrage profits.
Indeed, it screams there is not enough buying pressure in that exchange. And many chinese for sure will move their coins to stamp for a 'one time arb' with instant $100 profit and USD funds out of china. What a sweet deal for them! I expect sub $600 coin on stamp tonight. |
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manfred
Legendary
Offline
Activity: 966
Merit: 1001
Energy is Wealth
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December 19, 2013, 12:05:14 PM |
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On a side note , i'm noticing LTC is now stagnating around 17-18 despite current rally.
Charlie Lee,founder of ltc whose brother Bobby Lee is owner of btcchina; My guess: he is slowly dumping his ltc cause its likely worse than it seems in china..
LTC is hopeless. If China was responsible for 50% of the Bitcoin rally, than it was responsible for 90% of the Litecoin rally Well BTC-e had a 24h volume of 4,861,136 LTC/USD traded not counting LTC/EUR or other currency's or other exchanges Almost 5 mil its only 6% of the market in your view. 0.2-03% trading fee on BTC-e so the are making a killing on lites |
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rezurect
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December 19, 2013, 12:09:08 PM |
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Will we break 3500CNY? StochRSI is overbought. 1 nudge please..  |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 19, 2013, 12:10:29 PM |
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Will we break 3500CNY? StochRSI is overbought. 1 nudge please.. this race will go without China.... look the price is almost 150 USD higher than china |
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rezurect
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December 19, 2013, 12:14:22 PM |
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True. The price is higher.. But the movement across exchanges is too similar. btc-e  |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 19, 2013, 12:15:24 PM |
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stamp and china going for it
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granathus
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December 19, 2013, 12:15:57 PM |
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Do you guys think we are finished with the China crash now? Or will we see new lows before the dust settles?
I had no fiat when the big crash happened, selling a bit on the way up now to be ready for cheap coins if we go back down. I personally have a strong feeling we will go back down hard.
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seriouscoin
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December 19, 2013, 12:17:05 PM |
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True. The price has decoupled. But the movement across exchanges is too similar. btc-e Ofcourse it has to be similar ... why do you think otherwise? |
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seriouscoin
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December 19, 2013, 12:18:14 PM |
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Do you guys think we are finished with the China crash now? Or will we see new lows before the dust settles?
I had no fiat when the big crash happened, selling a bit on the way up now to be ready for cheap coins if we go back down. I personally have a strong feeling we will go back down hard.
Those coins being bought from China has to be sold somewhere else within a month yeah? So where do you think they will be sold? |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 19, 2013, 12:19:14 PM |
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Do you guys think we are finished with the China crash now? Or will we see new lows before the dust settles?
I had no fiat when the big crash happened, selling a bit on the way up now to be ready for cheap coins if we go back down. I personally have a strong feeling we will go back down hard.
I think that if it is going up now the crash is done, most interesting is that China is going up without fresh money, all deposits are temporary stopped, so this is the selling denial faze , people are buying back now that everything is clear.... |
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rezurect
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December 19, 2013, 12:19:59 PM |
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Will we break 3500CNY?
StochRSI is overbought. 1 nudge please..
Whats the purple line? How to show it? Settings>Indicator parameters. EMA. |
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granathus
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December 19, 2013, 12:20:33 PM |
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Do you guys think we are finished with the China crash now? Or will we see new lows before the dust settles?
I had no fiat when the big crash happened, selling a bit on the way up now to be ready for cheap coins if we go back down. I personally have a strong feeling we will go back down hard.
Those coins being bought from China has to be sold somewhere else within a month yeah? So where do you think they will be sold? That sounds like a rhetorical question.  |
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Mirsad
Full Member
Offline
Activity: 140
Merit: 100
Bitcoin - love & hate
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December 19, 2013, 12:21:39 PM |
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Bounce target is 550-600 Euro. With an overshoot that could reach 10% more.
We have not seen the bottom yet.
btw. I allready bought back, very close to the bottom (@ 350 Euro). But I'll take profits the whole ride. Thanks weak hands.
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fluidjax
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December 19, 2013, 12:22:45 PM |
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Do you guys think we are finished with the China crash now? Or will we see new lows before the dust settles?
I had no fiat when the big crash happened, selling a bit on the way up now to be ready for cheap coins if we go back down. I personally have a strong feeling we will go back down hard.
Those coins being bought from China has to be sold somewhere else within a month yeah? So where do you think they will be sold? The coins have to be sold within a month... why? My guess is non Chinese money is buying the cheap coins. |
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