[FACT] End of month dumping..

[Brewins]

Cashing out so you could pay your bills ?  Really?

That's just irresponsible.  If your investment tanks your asked out.

Bitcoin miners are smart in doing that, if they are looking for profit.

Otherwise they might even operate at loss and don't see that.

[Spoetnik]

....but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two)
it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard.
But not really because i had seen that happen lots before going back last year..

Ya noticed RDD going up here too...haven't followed the coin until I noticed Cryptsy made it available in usd, was wondering why the hell they are putting that 20 satoshi coin on the banker money trades.  So turned it on for viewing in my dashboard for btc&ltc trading too & started watching it, still haven't installed the wallet or bought any, but find what its doing right now very interesting, trading @37 right now.

Thanks for pointing out the monthly cycle, I had not noticed that fact before, really only started following alts since last Dec, pretty convinced its true though.  As to proof to those wondering if this is 'real', was thinking about how to verify that yesterday, thought it would be an interesting problem to solve...one would have to feed allot of the time/price data for allot of the different coins into an FFT transform, look at the output in the frequency domain, if its real, there should be a peak around the 30-31 day mark.  Anybody setup to do that?

hmm i did not know Cryptsy added RDD to USD markets wow ballsy lol
i have no interest in that coin and i sure as hell wouldn't if it had confirmation times on the exchange for months at 999
and even for while it shot up to over a 100k a chat mod told me..

anyway there has been a guy here great at doing graphs.. he is the guy we need to show it lol
i bet exchange graphs would back up my point over all though.

why people do it is irrelevant i figure.. and i can only speculate why.
the important point is it true ?
i think so myself.

[boxuser]

interesting, i will have to pay more attention to this

[thrax]

....but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two)
it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard.
But not really because i had seen that happen lots before going back last year..

Ya noticed RDD going up here too...haven't followed the coin until I noticed Cryptsy made it available in usd, was wondering why the hell they are putting that 20 satoshi coin on the banker money trades.  So turned it on for viewing in my dashboard for btc&ltc trading too & started watching it, still haven't installed the wallet or bought any, but find what its doing right now very interesting, trading @37 right now.

Thanks for pointing out the monthly cycle, I had not noticed that fact before, really only started following alts since last Dec, pretty convinced its true though.  As to proof to those wondering if this is 'real', was thinking about how to verify that yesterday, thought it would be an interesting problem to solve...one would have to feed allot of the time/price data for allot of the different coins into an FFT transform, look at the output in the frequency domain, if its real, there should be a peak around the 30-31 day mark.  Anybody setup to do that?

Do you think RDD is a good buy right now?

[GroundRod]

Well as I don't own any, so more than likely.   Still coins like this can be very volatile, don't listen to my advice, do your research.  Staying on topic here, it would seem to be fighting the monthly cyclic trend, plus it appears to be an experiment for Cryptsy, offering trade w/usd....

[Spoetnik]

interesting, i will have to pay more attention to this

i know and i have forgotten about it easily until it was too late 

knowing this happens like clock work every month can give you a huge advantage at buying OR selling.

[Nxtblg]

I think the community has matured and not throwing there btc into alts with not needed "innovation" and no future besides being traded. I know whales/PnDs are actually starting to lose money as the community starts wising up to the game.

Now that would be a floopity floopin' nice change! I was hoping for that endgame when the scamcount reached peak scam some time ago.

Be nice to se things quiet down while the better alts enter a chrysalis, mutate and spawn.    Lordy, lordy, we might actually see some people starting up a clonecoin and invite others to join in simply for the fun of it...

[Nxtblg]

....but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two)
it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard.
But not really because i had seen that happen lots before going back last year..

Ya noticed RDD going up here too...haven't followed the coin until I noticed Cryptsy made it available in usd, was wondering why the hell they are putting that 20 satoshi coin on the banker money trades.  So turned it on for viewing in my dashboard for btc&ltc trading too & started watching it, still haven't installed the wallet or bought any, but find what its doing right now very interesting, trading @37 right now.

Thanks for pointing out the monthly cycle, I had not noticed that fact before, really only started following alts since last Dec, pretty convinced its true though.  As to proof to those wondering if this is 'real', was thinking about how to verify that yesterday, thought it would be an interesting problem to solve...one would have to feed allot of the time/price data for allot of the different coins into an FFT transform, look at the output in the frequency domain, if its real, there should be a peak around the 30-31 day mark.  Anybody setup to do that?

Thanks for the update. In my currently klutzy way, I sold the last of my RDD when it started to wake up...

But a heads-up. Redd was a classic "sleeper" that needed months - I repeat, months - to wake up. That I actually liked, because I had regarded it as my long-term ace in the hole. I didn't have any trouble finding something else to do while waiting. Patience is a virtue...

[Spoetnik]

well here we go again !

and like the last few months i don't think we will get much of a rebound either
prices will tank out now'ish and peak again around mid-month but overall stay lower..

[Spoetnik]

well here we go again.. piles of coins dropping such as mass dumping of Monero on Poloniex right now.. even BTC !

[The Master]

Maybe they are women. Monthly cycle puts them in the mood to dump.

[iGotSpots]

Crypto ---> Month ---> Moon  


 

i can't deny this proof !
i knew there was a conspiracy in there somewhere and ya of course it's the moon figures  

been watching a LOT of shows on TV about the moon lately and this may be tied to the various "created" objects on it ?
like the satellite and the big gun or nuclear reactor or the bridge's or various piping etc.
Aliens put moon bases & stuff on it !
And now they want to control our Altcoins too !

Fun fact: They say the moon is hollow. Heard echos from landers

(If you say we never went I will strangle you)

[Spoetnik]

LOL i think we went there

and hmm that is a curious idea though.. i wonder if the moon could have an effect maybe even in a subtle way ?
ya never know i guess.. we learn more all the time about science !

i know the tides area dramatic and visible show case of the effects of the moon on us !

does this mean a Crypto-Werewolf is coming soon close to Halloween ? hmmm ? ooooohhww whoooooooo !!!

[Palmdetroit]

How did a human get there with the radiation belts melting all ... ahh forget it sure 50 years ago  and it just jumped off da moon and flew back

[Spoetnik]

Don't forget guys !

Stay calm and buy cheap coin

[PenAndPaper]

Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble 

[Spoetnik]

Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble 

..and BUY cheap coin

[Red Headed Stepchild]

They are still not done dumping!   

[BlindMayorBitcorn]

Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble 

End of month dumping is definitely the old game. Welcome to the new one

[bernard75]

Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble 

End of month dumping is definitely the old game. Welcome to the new one

The new one is 24/7 dumping.