coldst (OP)
Newbie
Offline
Activity: 59
Merit: 0
|
|
February 02, 2018, 05:50:55 PM Last edit: February 02, 2018, 07:13:29 PM by coldst |
|
Base on coinmarketcap, the trading volume for the last 24 hours increased almost 150%. I am guessing the whale is taking action in loading boats of coins. Believe or not, this may be the last call for shopping before the price goes up.
Name Volume (24h) Bitcoin $13,397,000,000 Ethereum $7,133,810,000 Tether $5,069,610,000 Ripple $3,466,970,000 EOS $1,506,930,000 Cardano $1,302,100,000 Bitcoin Cash $954,899,000 Litecoin $894,936,000 NEO $568,874,000 Qtum $543,201,000 Status $482,764,000 Stellar $390,449,000 TRON $370,134,000 Eth Classic $342,766,000 DigixDAO $227,571,000 Dash $145,194,000 Zcash $134,184,000 IOTA $132,801,000 Monero $125,136,000 Steem $121,335,000 aelf $104,272,000 IOStoken $103,562,000 ICON $102,981,000 Binance Coin $94,487,100
|
|
|
|
not altcoin hitler
Member
Offline
Activity: 212
Merit: 22
Amazix
|
|
February 02, 2018, 05:56:10 PM |
|
This is definately a good time to buy for long term of short term didn't work out. Most of the people catched the exact dip but I didn't and it's ok. For the market to fully recover we need atleast a month of time. This is much required because billions of dollars went out of the market and new investors will also start taking profit from now on.
|
|
|
|
QFT
|
|
February 02, 2018, 05:57:31 PM |
|
I have been loading up and am ready for lift off. We're going to have some exciting months ahead of us
|
|
|
|
Anndrianno
|
|
February 02, 2018, 05:59:23 PM |
|
I couldn't agree more- it's the best time to buy, while holders would loose something- whales will go big again- stay sharp
|
|
|
|
dumplingsandsushi
|
|
February 02, 2018, 06:03:36 PM |
|
The timing seems about right. Although i wouldnt be surprised if it takes another week.
This next bull run i am speculating that btc will hit $25000, I know there are a lot of doom sayers about btc but i still see it as king. This dip i decided to avoid buying alts and went shopping in the btc arena.
However i do believe that btc is on its last legs though. 2018 will be it. Before something else replaces it as king though, i see it getting up to $60000. I cant really say what will replace it cause there are a number of contenders, i think it wint start to manifest until Q3 of this year.
Well, my speculations might be off but that is just my two cents
|
|
|
|
coldst (OP)
Newbie
Offline
Activity: 59
Merit: 0
|
|
February 02, 2018, 06:16:32 PM |
|
This is definately a good time to buy for long term of short term didn't work out. Most of the people catched the exact dip but I didn't and it's ok. For the market to fully recover we need atleast a month of time. This is much required because billions of dollars went out of the market and new investors will also start taking profit from now on.
No one can catch the dip all the time, you either waited for so long and you miss the opportunity, or you are taking action at the price above the dip. IMO, the most important thing is to keep a positive mindset. Do not chase the high and shop multiple times during the dip. Don't be too greedy and you will be profit!
|
|
|
|
sorrysteve1
Full Member
Offline
Activity: 294
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
|
|
February 02, 2018, 06:21:41 PM |
|
Base on coinmarketcap, the trading volume for the last 24 hours increased almost 150%. I am guessing the whale is taking action in loading boats of coins. Believe or not, this may be the last call for shopping before the price goes up.
Name Volume (24h) Bitcoin $13,397,000,000 Ethereum $7,133,810,000 Tether $5,069,610,000 Ripple $3,466,970,000 EOS $1,506,930,000 Cardano $1,302,100,000 Bitcoin Cash $954,899,000 Litecoin $894,936,000 NEO $568,874,000 Qtum $543,201,000 Status $482,764,000 Stellar $390,449,000 TRON $370,134,000 Eth Classic $342,766,000 DigixDAO $227,571,000 Dash $145,194,000 Zcash $134,184,000 IOTA $132,801,000 Monero $125,136,000 Steem $121,335,000 aelf $104,272,000 IOStoken $103,562,000 ICON $102,981,000 Binance Coin $94,487,100
Volume increasing is generally a good indicator of something but it all depends on which way the price is moving, volume increasing but price falling would imply further falls are likely and then the opposite also if volume increase with price increase. I think we neared the bottom, 8k is too low and looking at any graph you'd be able to see that at a glance. The price will recover to around 13k in my expectation within the next 2 weeks.
|
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈ █ █ █
|
|
|
blozo
|
|
February 02, 2018, 06:26:08 PM |
|
Yep today BTC rebounded at $7500 with a good volume (you can see on the gdax chart on the 1hr) let's hope that it's not another dead cat bounce but a trend reversal
|
|
|
|
ManaMan
Member
Offline
Activity: 238
Merit: 38
|
|
February 02, 2018, 06:31:10 PM |
|
Volume increases always when we are hitting the bottom or when price is pumping. Take a look at the amount of transactions as well, they went down few days ago and now are starting to pile up slowly. Those who are in crypto game for long time understand that this is normal for this market to pump itself and dump later on but will raise with higher price later on, which is why it could be good time to buy. Although we still don't know how will this all act due to many new investors who don't know what they are doing.
|
|
|
|
johnwest
|
|
February 02, 2018, 06:31:26 PM |
|
I think it will take at least 1-2 weeks for BTC to gain back to 10000$ but an increase in the trading volume is actually a great sign of indication for the market to rise in this situation.
|
|
|
|
Hazeey
Jr. Member
Offline
Activity: 42
Merit: 1
|
|
February 02, 2018, 06:31:35 PM |
|
Base on coinmarketcap, the trading volume for the last 24 hours increased almost 150%. I am guessing the whale is taking action in loading boats of coins. Believe or not, this may be the last call for shopping before the price goes up.
Name Volume (24h) Bitcoin $13,397,000,000 Ethereum $7,133,810,000 Tether $5,069,610,000 Ripple $3,466,970,000 EOS $1,506,930,000 Cardano $1,302,100,000 Bitcoin Cash $954,899,000 Litecoin $894,936,000 NEO $568,874,000 Qtum $543,201,000 Status $482,764,000 Stellar $390,449,000 TRON $370,134,000 Eth Classic $342,766,000 DigixDAO $227,571,000 Dash $145,194,000 Zcash $134,184,000 IOTA $132,801,000 Monero $125,136,000 Steem $121,335,000 aelf $104,272,000 IOStoken $103,562,000 ICON $102,981,000 Binance Coin $94,487,100
Volume increasing is generally a good indicator of something but it all depends on which way the price is moving, volume increasing but price falling would imply further falls are likely and then the opposite also if volume increase with price increase. I think we neared the bottom, 8k is too low and looking at any graph you'd be able to see that at a glance. The price will recover to around 13k in my expectation within the next 2 weeks. This. Volume being high on a heavy red day is not actually a good thing, it just means that more people are joining in on selling their coins which compounds on the fall. Same thing goes for a heavy green day with a lot of volume. The only time that volume isn't a good indicator of the overall market sentiment is when the volume is low or flat. Volume being low means that the prices are likely being manipulated one way or another very easily without a true bull/bear sentiment in the overall market.
|
https://stakeunited.com/stixx
|
|
|
13ex07
Member
Offline
Activity: 322
Merit: 11
Thank you for +Merit
|
|
February 02, 2018, 06:39:08 PM |
|
I assume that minimum price will be next week. If the stream of bad news decreases, it is a signal to a turn. Now there is too much them.
|
|
|
|
coldst (OP)
Newbie
Offline
Activity: 59
Merit: 0
|
|
February 02, 2018, 07:17:03 PM |
|
We just need a little patient and wait for the full load before it takes off to the moon again.
|
|
|
|
LGD2Business
Legendary
Offline
Activity: 2562
Merit: 1520
|
|
February 02, 2018, 07:20:34 PM |
|
Trading volume doesn't mean whales are buying, it might be the exact opposite. Whales need big volumes to dump their big stash. I'm not sure about a new rally so soon.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
ivanst776
Legendary
Offline
Activity: 1540
Merit: 1003
|
|
February 02, 2018, 07:23:06 PM |
|
This is definately a good time to buy for long term of short term didn't work out. Most of the people catched the exact dip but I didn't and it's ok. For the market to fully recover we need atleast a month of time. This is much required because billions of dollars went out of the market and new investors will also start taking profit from now on.
Most of the people (holders) are selling their belongings as the ship is sinking they all jump to an AIRBOAT, they just look just a panic victim of the sea. that's why whales are so happy now and eating them in the market. this fall is just a temporary and will not last long, i am betting on this will stay until Chinese New Year ends and then afterward the market will be painted by green again. Beginners are now rushing to get out of the boat and swimming in the water and whales are capturing all the possible food that they can have. ILL just stay at the ship and keep holding.
|
|
|
|
nextel
Member
Offline
Activity: 154
Merit: 10
Next Generation Agreements for Everyone on The Eth
|
|
February 02, 2018, 07:23:21 PM |
|
That's why I bought $500 with of Ripple really today because I know it will not be forever Ripple could be valued as low as $0.60 but it will soon take off back to $1.50 or higher air in the next few weeks from now. Today is another crypto crisis but I'm optimistic joining the ride.
|
|
|
|
nextel
Member
Offline
Activity: 154
Merit: 10
Next Generation Agreements for Everyone on The Eth
|
|
February 02, 2018, 07:26:22 PM |
|
We just need a little patient and wait for the full load before it takes off to the moon again.
In the real world, there would be no take off happening if the ships didn't filled and loaded up because everyone's doing business. I'm lucky that I loaded some of my favorite coins before they'll take off because I wanna be on board and enjoy the ride than waiting for another chance that might don't come back as it was.
|
|
|
|
realsmans
Member
Offline
Activity: 196
Merit: 10
Transforming the Global Shipping Industry
|
|
February 02, 2018, 07:27:58 PM |
|
Base on coinmarketcap, the trading volume for the last 24 hours increased almost 150%. I am guessing the whale is taking action in loading boats of coins. Believe or not, this may be the last call for shopping before the price goes up.
Name Volume (24h) Bitcoin $13,397,000,000 Ethereum $7,133,810,000 Tether $5,069,610,000 Ripple $3,466,970,000 EOS $1,506,930,000 Cardano $1,302,100,000 Bitcoin Cash $954,899,000 Litecoin $894,936,000 NEO $568,874,000 Qtum $543,201,000 Status $482,764,000 Stellar $390,449,000 TRON $370,134,000 Eth Classic $342,766,000 DigixDAO $227,571,000 Dash $145,194,000 Zcash $134,184,000 IOTA $132,801,000 Monero $125,136,000 Steem $121,335,000 aelf $104,272,000 IOStoken $103,562,000 ICON $102,981,000 Binance Coin $94,487,100
Totally can agree with you. Also, to prove your words, you can check the volumes on 5-15m timeframes.
|
|
|
|
yura_878
Full Member
Offline
Activity: 308
Merit: 100
The Operating System for DAOs
|
|
February 02, 2018, 07:29:15 PM |
|
Base on coinmarketcap, the trading volume for the last 24 hours increased almost 150%. I am guessing the whale is taking action in loading boats of coins. Believe or not, this may be the last call for shopping before the price goes up.
Name Volume (24h) Bitcoin $13,397,000,000 Ethereum $7,133,810,000 Tether $5,069,610,000 Ripple $3,466,970,000 EOS $1,506,930,000 Cardano $1,302,100,000 Bitcoin Cash $954,899,000 Litecoin $894,936,000 NEO $568,874,000 Qtum $543,201,000 Status $482,764,000 Stellar $390,449,000 TRON $370,134,000 Eth Classic $342,766,000 DigixDAO $227,571,000 Dash $145,194,000 Zcash $134,184,000 IOTA $132,801,000 Monero $125,136,000 Steem $121,335,000 aelf $104,272,000 IOStoken $103,562,000 ICON $102,981,000 Binance Coin $94,487,100
I agree with your opinion. I also believe that today whales have purchased a very large number of coins, but I still believe that this may not be the last correction before it will grow
|
|
|
|
supermine
|
|
February 02, 2018, 07:32:33 PM |
|
Yes,seems right bacause the price of bitcoin and other coins are bumping exactly at the same time so this is the action or manipulation by the whales so we need to buy more coins as much as we can to earn more profits.I feel pity for the people who sold their coins today because they were really trapped by whales and now the price is getting back to the upward direction.But it is too early to say that price is recovering because it can fall at any moment so we need to keep hold our coins to encourage the price recovery soon.If we sell your coins it will surely affect that coin's price.
|
|
|
|
|