CatKiwi
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January 24, 2014, 10:26:53 AM |
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There will be a drop in a hour or so, likely back to 22. Someones bot is buying up coins at 27 (look at order amounts '14814.814' and '222222') and eventually will run out of juice, the other buy orders are sizable but there is too much sell pressure for any more rises right now. The price will come down, giving people a chance to sell off their coins and new buyers a chance to enter - a redistribution of coins is good for the coins health though. This is just the way it works when a pump eventually runs out of steam (e.g. Dogecoin).
Don't expect it to go any lower than 22 though - expect a consolidation of buy support on 22 when it gets to 24 but not enough to stop it touching 22 before going back up.
Let's see how that prediction goes! haha
Since listing on Cryptsy a huge amount have been purchased at 21+ level, so I agree, it's going to be hard to drop below this level for any sustained time - the guys with the big money have that money and are not likely to want to lose it easily. There is still a lot of holders with huge profits holding since 1 satoshi, once they are rinsed out (or holding strong) the price can then rise further. and 10 Bitcoins sold at 26 now - the dump is here, right on time.
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Honeypot
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January 24, 2014, 10:43:46 AM |
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All those ridiculous sell orders on cryptsy between 29 and 45 are shooting themselves in the foot. When it's this high, buyers will wait and hope the weaker hands will force down the prices to lower levels and thus will not buy or put up buy orders.
Sellers will panic and drive the prices down or run out of patience and cash out, thus creating an even bigger hole for the sellers until they all genuinely panic and decide to sell at a loss.
Take off your sell orders if you want to at least see your original principle back. Otherwise don't think about buyers brute forcing their way through your sell walls because they are waiting too - waiting for lower prices and they know you can't afford to keep it there for too long - other coins can rise in the mean time and these buyers can move on to them.
Sellers? Do yourself a favor.
Withdraw, and HOLD.
Have a nice weekend
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karolnomad
Newbie
Offline
Activity: 27
Merit: 0
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January 24, 2014, 10:44:03 AM |
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I end this pump and sold my moons,thank u everybody,my profit is 244btc,there are 2 big players on moon now,i will announce other pump later
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colinfx
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January 24, 2014, 10:49:44 AM |
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I end this pump and sold my moons,thank u everybody,my profit is 244btc,there are 2 big players on moon now,i will announce other pump later If I was 244BTC up right now I think i'd sell too - wouldn't want to be greedy lol You need 1000s of BTC to try to manipulate this price now it's on Cryptsy. This is too big now for simple manipulation. MOON is now alive and kicking all by itself
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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January 24, 2014, 10:50:48 AM |
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244 BTC is a ridiculous amount of profit, unless he has been moving billions of Moons. Anyway, these coins have been dispersed at a low price
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CatKiwi
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January 24, 2014, 10:51:12 AM |
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I end this pump and sold my moons,thank u everybody,my profit is 244btc,there are 2 big players on moon now,i will announce other pump later I guess this guy must be the one using the bot. I doubt he made 244 BTC from it though - been watching the cryptsy order book and market history for the last 3 hours like a hawk to try and spot any trends, make a reasonable prediciton etc. Check the order book guys - overwhelming bot action and manipulation. It will be costing this character an arm and a leg to be buying up all the 27 orders so expect a MASSIVE dump above 27 at some point.
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colinfx
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January 24, 2014, 10:55:17 AM |
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I end this pump and sold my moons,thank u everybody,my profit is 244btc,there are 2 big players on moon now,i will announce other pump later I guess this guy must be the one using the bot. I doubt he made 244 BTC from it though - been watching the cryptsy order book and market history for the last 3 hours like a hawk to try and spot any trends, make a reasonable prediciton etc. Check the order book guys - overwhelming bot action and manipulation. It will be costing this character an arm and a leg to be buying up all the 27 orders so expect a MASSIVE dump above 27 at some point. Yes, there will be a massive dump soon. I am going to sell my 52MILLION MOON at 100 satoshi. You see, be aware!
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colinfx
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January 24, 2014, 10:57:28 AM |
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I end this pump and sold my moons,thank u everybody,my profit is 244btc,there are 2 big players on moon now,i will announce other pump later I guess this guy must be the one using the bot. I doubt he made 244 BTC from it though - been watching the cryptsy order book and market history for the last 3 hours like a hawk to try and spot any trends, make a reasonable prediciton etc. Check the order book guys - overwhelming bot action and manipulation. It will be costing this character an arm and a leg to be buying up all the 27 orders so expect a MASSIVE dump above 27 at some point. The 27 orders have already gone, looks like we are on the up!
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CatKiwi
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January 24, 2014, 10:59:33 AM |
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Hmm seems someone just bought 15 bitcoins at 28. Looks like the pump is still on - either that or Moon is truly beginning to take off. I have to agree with the other guys here now - Hold your coins, I cancelled my sell orders at 31 and 34 and will go to bed and wait this one out till the morning. When there is rampant bot manipulation you are best of keeping out of it and watching from the sidelines, they don't think like humans, they just buy the coins up regardless of the direction the market is headed and thus can put a stop to profiting by waiting for a crash to buy cheap coins because it simply doesn't allow it to drop as we are seeing now. Easy enough to spot them and they can't deal with huge crashes or rises very well but still, those who use bots have plans and more importantly a tonne of money to make from the unsuspecting.
Just now 28 sell wall has dissappeared. HOLD those coins guys!
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Honeypot
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January 24, 2014, 11:00:42 AM |
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LOL Now let's see the moon going by itself. It's too much to expect this thing which still has 2 big players to go down. Schedule's only been pushed back a little. Sellers, if you want to make any profit now, clear your order and WAIT I end this pump and sold my moons,thank u everybody,my profit is 244btc,there are 2 big players on moon now,i will announce other pump later I guess this guy must be the one using the bot. I doubt he made 244 BTC from it though - been watching the cryptsy order book and market history for the last 3 hours like a hawk to try and spot any trends, make a reasonable prediciton etc. Check the order book guys - overwhelming bot action and manipulation. It will be costing this character an arm and a leg to be buying up all the 27 orders so expect a MASSIVE dump above 27 at some point.
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colinfx
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January 24, 2014, 11:02:02 AM |
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Hmm seems someone just bought 15 bitcoins at 28. Looks like the pump is still on - either that or Moon is truly beginning to take off. I have to agree with the other guys here now - Hold your coins, I cancelled my sell orders at 31 and 34 and will go to bed and wait this one out till the morning. When there is rampant bot manipulation you are best of keeping out of it and watching from the sidelines, they don't think like humans, they just buy the coins up regardless of the direction the market is headed and thus can put a stop to profiting by waiting for a crash to buy cheap coins because it simply doesn't allow it to drop as we are seeing now. Easy enough to spot them and they can't deal with huge crashes or rises very well but still, those who use bots have plans and more importantly a tonne of money to make from the unsuspecting.
Just now 28 sell wall has dissappeared. HOLD those coins guys!
Can anyone here describe a time when DOING NOTHING would have made you more money? Yes, I think almost everyone knows this. DO NOTHING and you will more likely make money. Psychology MAKES you sell WINNERS too early. Psychology makes you hold LOSERS too long. Do NOTHING and you have the best chance
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wizzardTim
Legendary
Offline
Activity: 1708
Merit: 1000
Reality is stranger than fiction
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January 24, 2014, 11:08:16 AM |
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already #17 in coinmarketcap.com!!
Now onwards to surpass InfiniteCoin and the infamous Novacoin.
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Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
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colinfx
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January 24, 2014, 11:09:23 AM |
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Hmm seems someone just bought 15 bitcoins at 28. Looks like the pump is still on - either that or Moon is truly beginning to take off. I have to agree with the other guys here now - Hold your coins, I cancelled my sell orders at 31 and 34 and will go to bed and wait this one out till the morning. When there is rampant bot manipulation you are best of keeping out of it and watching from the sidelines, they don't think like humans, they just buy the coins up regardless of the direction the market is headed and thus can put a stop to profiting by waiting for a crash to buy cheap coins because it simply doesn't allow it to drop as we are seeing now. Easy enough to spot them and they can't deal with huge crashes or rises very well but still, those who use bots have plans and more importantly a tonne of money to make from the unsuspecting.
Just now 28 sell wall has dissappeared. HOLD those coins guys!
Can anyone here describe a time when DOING NOTHING would have made you more money? Yes, I think almost everyone knows this. DO NOTHING and you will more likely make money. Psychology MAKES you sell WINNERS too early. Psychology makes you hold LOSERS too long. Do NOTHING and you have the best chance Did you ever wonder how many early bitcoin holders actually held to $1000 per coin? The ones that did NOTHING got rich
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Polly Stripe
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January 24, 2014, 11:11:42 AM |
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already #17 in coinmarketcap.com!!
Now onwards to surpass InfiniteCoin and the infamous Novacoin.
14 to be exact. You forgot to press Filter Non-Mineable
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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January 24, 2014, 11:14:02 AM |
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Bring on the chinese and let them buy mooncoins, they will love it as they celebrate their coming Chinese New Year!
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colinfx
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January 24, 2014, 11:20:09 AM |
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Just some thoughts...
What gives MOON value?
Some big money has been pumped in to this coin. The guys holoding this big money must be on to something? I wonder if there is an intrinsic value in ALL crypto coins?
If that is the case, MOON is SERIOUSLY undervalued right now. We should be sitting around 70% of DOGE value based on intrinsic value alone.
So around 150 satoshi sounds a reasonable value for MOON right now.
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hasar
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January 24, 2014, 11:24:11 AM |
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Two days ago I bought 1200000 moons by 1 ltc. Today one ltc buys 100000 moons.
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I AM A DNOTES FANS THE COIN ABOVE ALL OTHERS.
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colinfx
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January 24, 2014, 11:25:20 AM |
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Two days ago I bought 1200000 moons by 1 ltc. Today one ltc buys 100000 moons.
It's been an AWESOME rise in the last 10 days. Price is consolidating with upwards pressure. I think 150 satoshi is a reasonable level from here.
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nocoin
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January 24, 2014, 11:26:52 AM |
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Two days ago I bought 1200000 moons by 1 ltc. Today one ltc buys 100000 moons.
It's been an AWESOME rise in the last 10 days. Price is consolidating with upwards pressure. I think 150 satoshi is a reasonable level from here. Good luck holding
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