C3ALL
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★ BitClave ICO: 08/11/17 ★
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February 03, 2014, 07:18:23 PM |
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Also, sell pressure is building and buy orders are stagnant. Looks like this bump is about over, unless the fake buy walls come back.
Set phasers between 10 - 12 if you're buying back in, but be prepared to sell between 15 - 19 afterward (20, if those fake buy walls show up again). Will give more detailed updates to those who PM me.
Didn't you say that a couple of hours ago, then a little later said buy pressure was building as it was getting support from traders, and now its sell pressure again. Yet the price has remained fairly stagnant at 16-17 the whole time. Its pretty easy to call a market 5 minutes after it happened. Yet trying to call a market where the entire buy book consists of about 400m coins when there are people out there mining 10% of that a day, and previously 50% of that a day is practically impossible. Trading, reading the candles and interpreting the order books is pretty simple. Manipulating the price of these size order books too if you have the btc to do it, but the one factor these markets have which throws a big spanner into the works, is the mining. The creation of "free" stock, that's a massive unknown quantity, and on a coin that's got so much of its production out in the open within a couple of weeks and has rapid block halving its an even greater unknown element. Stick a bunch of btc on a value just north of the current sell price, one that's got a little bit of meat on it already, say a couple of btc. Stick another 10 on it, watch the price make its way there, dump coins onto the now higher buy book and pull the sell order. Rinse and repeat in reverse.... Is that the sort of lesson you are going to be giving?
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TheTelephone
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February 03, 2014, 07:26:21 PM |
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Also, sell pressure is building and buy orders are stagnant. Looks like this bump is about over, unless the fake buy walls come back.
Set phasers between 10 - 12 if you're buying back in, but be prepared to sell between 15 - 19 afterward (20, if those fake buy walls show up again). Will give more detailed updates to those who PM me.
Didn't you say that a couple of hours ago, then a little later said buy pressure was building as it was getting support from traders, and now its sell pressure again. Yet the price has remained fairly stagnant at 16-17 the whole time. Yes, I did, and I was right when I said buy support was coming in, and I was right to buy in at 15 and sell again at 17. It's almost like markets change minute to minute... strange....
Its pretty easy to call a market 5 minutes after it happened. Yet trying to call a market where the entire buy book consists of about 400m coins when there are people out there mining 10% of that a day, and previously 50% of that a day is practically impossible.
Trading, reading the candles and interpreting the order books is pretty simple. Manipulating the price of these size order books too if you have the btc to do it, but the one factor these markets have which throws a big spanner into the works, is the mining. The creation of "free" stock, that's a massive unknown quantity, and on a coin that's got so much of its production out in the open within a couple of weeks and has rapid block halving its an even greater unknown element.
Actually, I didn't really 'call' the market in that post, so much as passing on market movement and info. And if you look at my posts, any predictions that I made all came true hours if not days before I called them. It's one thing to say that I made a bad call once, which actually I didn't by the way, but it's totally different to twist my words and pretend that I was making predictions about things that already happened. That's not the case, and honestly it sounds like you're just projecting here.
Also, if you're referring to LEAF when you say "a coin that's got so much of its production out in the open within a couple of weeks" then you're very, very wrong. Billions in LEAF is STILL being held off the market, which is why traders aren't interested. Why buy in at 15 or even 10 when miners are just going to dump their load all around you?@theAncient0neEDITED for formatting.
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C3ALL
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★ BitClave ICO: 08/11/17 ★
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February 03, 2014, 07:34:07 PM |
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By out in the open I meant mined, out from the total production well, ready to be traded at a moments notice. Selling at anything above 3 satoshi would represent a profit against electricity costs to mine it, and as you say billions are out there. Trying to call that market is like pi$$ing in the wind.
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TheTelephone
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February 03, 2014, 07:36:56 PM |
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By out in the open I meant mined, out from the total production well, ready to be traded at a moments notice. Selling at anything above 3 satoshi would represent a profit against electricity costs to mine it, and as you say billions are out there. Trying to call that market is like pi$$ing in the wind.
Depends on which way the wind is blowing. Also in this statement "ready to be traded at a moments notice" you spelled the word 'dumped' wrong.
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mmilch
Copper Member
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Secure automatic trading trade-mate.io
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February 03, 2014, 07:37:19 PM |
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Also, sell pressure is building and buy orders are stagnant. Looks like this bump is about over, unless the fake buy walls come back.
Set phasers between 10 - 12 if you're buying back in, but be prepared to sell between 15 - 19 afterward (20, if those fake buy walls show up again). Will give more detailed updates to those who PM me.
Didn't you say that a couple of hours ago, then a little later said buy pressure was building as it was getting support from traders, and now its sell pressure again. Yet the price has remained fairly stagnant at 16-17 the whole time. Yes, I did, and I was right when I said buy support was coming in, and I was right to buy in at 15 and sell again at 17. It's almost like markets change minute to minute... strange....
Its pretty easy to call a market 5 minutes after it happened. Yet trying to call a market where the entire buy book consists of about 400m coins when there are people out there mining 10% of that a day, and previously 50% of that a day is practically impossible.
Trading, reading the candles and interpreting the order books is pretty simple. Manipulating the price of these size order books too if you have the btc to do it, but the one factor these markets have which throws a big spanner into the works, is the mining. The creation of "free" stock, that's a massive unknown quantity, and on a coin that's got so much of its production out in the open within a couple of weeks and has rapid block halving its an even greater unknown element.
Actually, I didn't really 'call' the market in that post, so much as passing on market movement and info. And if you look at my posts, any predictions that I made all came true hours if not days before I called them. It's one thing to say that I made a bad call once, which actually I didn't by the way, but it's totally different to twist my words and pretend that I was making predictions about things that already happened. That's not the case, and honestly it sounds like you're just projecting here.
Also, if you're referring to LEAF when you say "a coin that's got so much of its production out in the open within a couple of weeks" then you're very, very wrong. Billions in LEAF is STILL being held off the market, which is why traders aren't interested. Why buy in at 15 or even 10 when miners are just going to dump their load all around you?@theAncient0neEDITED for formatting. So maybe you should predict the future for people mr. "Nostradamus" ? Can you read my palm ?
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Pattes
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February 03, 2014, 07:39:30 PM |
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Who deleted the spooky post? D:
I deleted my own post turned out to be too big an image. Didn't want to ruin the thread with it
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Leafcoin - THE Altcoin -
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Dafar
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dafar consulting
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February 03, 2014, 07:41:39 PM |
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I bought LEAF at 23..... should I just cut my losses, sell at 16 and invest in something else?? Pls respond
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C3ALL
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★ BitClave ICO: 08/11/17 ★
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February 03, 2014, 07:41:48 PM |
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I'll predict the future:
A bunch of people are going to pay around $80 to be told a tenth of the information and basic actions that they could learn about if they spent 10 minutes on Google, never mind actual trading forums.
They say there is one born every minute though.
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tasorrog
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LE HAPPY MERCHANT
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February 03, 2014, 07:44:36 PM |
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I bought LEAF at 23..... should I just cut my losses, sell at 16 and invest in something else?? Pls respond
hold and you will be happy later that you didn't sell :^)
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Pattes
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February 03, 2014, 07:47:22 PM |
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Leafcoin - THE Altcoin -
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aaron_m
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February 03, 2014, 07:50:59 PM |
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I bought LEAF at 23..... should I just cut my losses, sell at 16 and invest in something else?? Pls respond
hold and you will be happy later that you didn't sell :^) +1 I've said it before and I'll say it again, If you ignore the people saying it will go to nothing, and ignore the people saying it will go to the moon in a few days, then what you have left is probably about right. Don't forget, this is a 9 day old coin, with a highly active developer that is working on some community requested initiatives to really strengthen this coin, this was never supposed to be a pump and dump coin hence the price hasn't wildly spiked. Small ripples are expected on all coins.
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TheTelephone
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February 03, 2014, 07:52:49 PM |
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I'll predict the future:
A bunch of people are going to pay around $80 to be told a tenth of the information and basic actions that they could learn about if they spent 10 minutes on Google, never mind actual trading forums.
They say there is one born every minute though.
Trading forums are about 60% bullshit. Also, I've decided that I'll be doing the first seminar for 100% free for anyone interested, that way no one can call FOUL. If you're interested, PM me or tweet me @theAncient0ne, and I'll send IRC links to anyone that gets ahold of me. First seminar will be based around LEAF, what happened with LEAF, how LEAF was manipulated and where it's going to end up.
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TheTelephone
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February 03, 2014, 07:54:48 PM |
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I bought LEAF at 23..... should I just cut my losses, sell at 16 and invest in something else?? Pls respond
hold and you will be happy later that you didn't sell :^) Tasorrog is right. At this point, you may as well wait it out unless it gets back up into the 20s.
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Pattes
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February 03, 2014, 07:55:16 PM |
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If it's first free it could be interesting. At least to see if you really know what you're talking about.
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Leafcoin - THE Altcoin -
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Dafar
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dafar consulting
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February 03, 2014, 07:55:50 PM |
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I am one of the least tech-savvy people that I know. I think there's just some chemical imbalance in my brain, because I literally cannot understand what the hell people are talking about when it comes to computers. BUT! I really, really genuinely want to build my first computer next year and I really want to get into building my own miners as soon as possible. Can anyone explain mining, building a rig and joining a pool to me like I'm a total moron?
mad credibility
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Pattes
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February 03, 2014, 07:58:08 PM |
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I am one of the least tech-savvy people that I know. I think there's just some chemical imbalance in my brain, because I literally cannot understand what the hell people are talking about when it comes to computers. BUT! I really, really genuinely want to build my first computer next year and I really want to get into building my own miners as soon as possible. Can anyone explain mining, building a rig and joining a pool to me like I'm a total moron?
mad credibility xD !!
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Leafcoin - THE Altcoin -
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jacek1973
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February 03, 2014, 07:59:22 PM |
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I'll predict the future:
A bunch of people are going to pay around $80 to be told a tenth of the information and basic actions that they could learn about if they spent 10 minutes on Google, never mind actual trading forums.
They say there is one born every minute though.
Trading forums are about 60% bullshit. Also, I've decided that I'll be doing the first seminar for 100% free for anyone interested, that way no one can call FOUL. If you're interested, PM me or tweet me @theAncient0ne, and I'll send IRC links to anyone that gets ahold of me. First seminar will be based around LEAF, what happened with LEAF, how LEAF was manipulated and where it's going to end up. Set the wall 20BTC now 20 santo, if you moved a rate of 15-18
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monterplyt
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February 03, 2014, 08:03:06 PM |
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the first free seminary is about LEAF so you could be manipulated one more time "where it's going to end up"..
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TheTelephone
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February 03, 2014, 08:03:17 PM |
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I am one of the least tech-savvy people that I know. I think there's just some chemical imbalance in my brain, because I literally cannot understand what the hell people are talking about when it comes to computers. BUT! I really, really genuinely want to build my first computer next year and I really want to get into building my own miners as soon as possible. Can anyone explain mining, building a rig and joining a pool to me like I'm a total moron?
mad credibility Still can't understand computer stuff. Not much has changed since that post, aside from a little bit better understanding of mining. Still haven't built my own miner, but perhaps one day. If you're digging through my posts looking to discredit me, however, why don't you start with my posts from this LEAF thread instead of cherry picking the very first post I ever posted which is more than a month old? I could, however, start digging through your posts from this thread alone and probably find quite a bit of nice little bits. I probably wouldn't even have to take them out of context, too. @theAncient0ne Tweet me or PM me if you're interested in Trading for Miners seminar. First seminar WILL BE FREE!
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Pattes
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February 03, 2014, 08:03:27 PM |
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Leafcoin - THE Altcoin -
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