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Bitcoin and litecoin are going to rise because there will be a great deal of demand from Europe particularly on the BTC-e exchange which is based out of Bulgaria, the northern neighbor to Greece. All currencies on BTC-e will probably rise dramatically and any currencies where the exchange is predominantly denominated in BTC will also rise. The problem is that the primary market for bitshares is denominated in CNY and as result BTS won't get a boost from BTC price increase. More problematic is that seeing this rise in LTC and BTC Chinese traders will dump currencies they primarily trade (i.e Ripple, Doge and BTS) in order to ride the BTC and LTC waves. If you already sold BTS or Ripple good for you. If you're looking for a buying opportunity here's your change. If you're HODL keep on keeping on.
Good news don't have much of a positive impact on price. Not because there's no one buying the news, but because it's almost always offset by those selling the exact same news. And then bad news (or even no news) have a negative impact on price, as traders almost always seek to find another profit opportunity (a good pump), which very seldomly happens with Bitshares.Ok, it's not a very scientific reasoning, but it's a layman theory lol
Quote from: cylonmaker2053 on July 16, 2015, 01:23:36 pmQuote from: sittingduck on July 16, 2015, 12:12:58 pmI think watching price moves is a indicator of a missed news item. Sent from my iPhone using Tapatalkyeah for efficient markets, or markets that at least come close to approximating efficiency. our crypto markets are so thinly traded that any sentiment backed by modest funds can move prices, which often leads to big movements without rationale.Often the case, but it doesn't hurt to check from time to time. Better than checking all the time. Though with all BTS news our price didn't budge much, so it isn't perfectly reliable.
Quote from: sittingduck on July 16, 2015, 12:12:58 pmI think watching price moves is a indicator of a missed news item. Sent from my iPhone using Tapatalkyeah for efficient markets, or markets that at least come close to approximating efficiency. our crypto markets are so thinly traded that any sentiment backed by modest funds can move prices, which often leads to big movements without rationale.
I think watching price moves is a indicator of a missed news item. Sent from my iPhone using Tapatalk
Quote from: cylonmaker2053 on July 15, 2015, 07:20:40 pmwait, can we trade on that?or your money back!Quote from: cylonmaker2053 on July 15, 2015, 07:20:40 pm next time LTC rallies can you let me know right before you post the gif?of course, that's included in your yearly subscription fee!
wait, can we trade on that?
next time LTC rallies can you let me know right before you post the gif?
We are moving toward a place where steady user demand will begin to dwarf fickle speculator demand.Most chains have no way to make such a move.
Quote from: cylonmaker2053 on July 10, 2015, 02:59:16 pmLOL What's funny is, every time we post that image, Litecoin crashes.
LOL
Quote from: Ander on July 10, 2015, 03:33:14 amFreaking Litecoins!I'm bringing back my 2013 gif for this ...
Freaking Litecoins!
Quote from: cylonmaker2053 on July 10, 2015, 01:36:09 amand now ANC is taking off...and...i'm unloadingBTS could be on the verge of taking off as well. Everything is blowing up.
and now ANC is taking off...and...i'm unloading
Quote from: cylonmaker2053 on July 10, 2015, 02:36:50 amQuote from: kokojie on July 10, 2015, 02:06:25 amBitcoin is being spam attacked, so a lot of whales are seeking safer crypto, and LTC, NVC, NMC and PPC are perfect since they have been around for several years, well known, and were at the bottom of their value.that's an interesting take on things...i do hope the BTC attack stops, those guys get their shyt together on block size, and it jumps back over $1,000 I'm surprised at the stalemate over the blocksize limit in bitcoin. Seems like a no-brainer to me.
Quote from: kokojie on July 10, 2015, 02:06:25 amBitcoin is being spam attacked, so a lot of whales are seeking safer crypto, and LTC, NVC, NMC and PPC are perfect since they have been around for several years, well known, and were at the bottom of their value.that's an interesting take on things...i do hope the BTC attack stops, those guys get their shyt together on block size, and it jumps back over $1,000
Bitcoin is being spam attacked, so a lot of whales are seeking safer crypto, and LTC, NVC, NMC and PPC are perfect since they have been around for several years, well known, and were at the bottom of their value.
Quote from: cylonmaker2053 on July 10, 2015, 01:10:25 ami always use these pumps to unload a bit and stock up on BTS.
i always use these pumps to unload a bit and stock up on BTS.
Old coins are pumping: LTC, PPC, NMC. All these coins have BTC-e in common as a major exchange.What happened? The price went up because the price went up.
I am becoming of the opinion that the crypto markets are schizophrenic. They hear voices, become paranoid, make brash and sudden movements, and need to be hospitalized.Good news.. Dr. BTS is in the house!!! We will treat the crazy in crypto.
Quote from: Tuck Fheman on July 10, 2015, 12:52:19 amQuote from: Stan on July 10, 2015, 12:35:28 amWe are moving toward a place where steady user demand will begin to dwarf fickle speculator demand.Most chains have no way to make such a move.
Quote from: Stan on July 10, 2015, 12:35:28 amWe are moving toward a place where steady user demand will begin to dwarf fickle speculator demand.Most chains have no way to make such a move.
If would be really huge for Bitshares to get BTS on a big, dollar denominated site. Also euros. Right now you cannot actually buy BTS in any reasonable quantity except wiht CNY. If you want to buy with bitcoin, you have to send it to btc38, sell bitcoin, buy BTS.Sure, you can trade a few BTC worth just fine via poloniex, ccedk, shapeshift, blocktrades, or metaexchange. But after a bit of buying you cannot anymore wihtout paying a big premium, because there isnt enough liquidity anywhere except btc38. (Yeah I didnt mention bter because they have withdrawal disabled and are too risky to trust funds to for any amount of time).
Quote from: Akado on July 09, 2015, 11:15:16 pmplan: hack btc-e. profit.Yeah, after all you would just be stealing the bitcoin back from hackers who stole it from other sites and sent it to btc-e due to no ID validation, right?
plan: hack btc-e. profit.
I see it is up 45% today! Goes to show that you can never count anyone out and that BTS could make a big move at any time.
its all from btc-ecase closed