0 Members and 1 Guest are viewing this topic.
Quote from: onceuponatime on March 25, 2015, 04:37:36 amQuote from: OldMan on March 25, 2015, 04:18:14 amAnyone find it slightly odd that the top 10-15 coins crashed substantially and simultaneously, with one notable exception?I've noticed, increasingly and only circumstantially, that there are times when all coins get hit and one gets pumped.No evidence or data to back that, just an old trader that gets twigged every now and again looking at CMC.Could be some Wall Street algos moving in?What's going on at coinmarketcap's bitUSD quote? It's crazy. Might be causing slide in BTS market cap, http://coinmarketcap.com/assets/bitusd/Where are they getting their price feed? I bought a little bit of bitUSD at bter to try and correct the coinmarketcap feed. Didn't work. Who are the owners of coinmarketcap.com? Could someone be manipulating to buy up cheap BTS? I mean, with ALL the good news lately, it makes no sense the dropping marketcap (accept for the bitUSD nonsense quotes).What good news? (Honest question, I really want to know)
Quote from: OldMan on March 25, 2015, 04:18:14 amAnyone find it slightly odd that the top 10-15 coins crashed substantially and simultaneously, with one notable exception?I've noticed, increasingly and only circumstantially, that there are times when all coins get hit and one gets pumped.No evidence or data to back that, just an old trader that gets twigged every now and again looking at CMC.Could be some Wall Street algos moving in?What's going on at coinmarketcap's bitUSD quote? It's crazy. Might be causing slide in BTS market cap, http://coinmarketcap.com/assets/bitusd/Where are they getting their price feed? I bought a little bit of bitUSD at bter to try and correct the coinmarketcap feed. Didn't work. Who are the owners of coinmarketcap.com? Could someone be manipulating to buy up cheap BTS? I mean, with ALL the good news lately, it makes no sense the dropping marketcap (accept for the bitUSD nonsense quotes).
Anyone find it slightly odd that the top 10-15 coins crashed substantially and simultaneously, with one notable exception?I've noticed, increasingly and only circumstantially, that there are times when all coins get hit and one gets pumped.No evidence or data to back that, just an old trader that gets twigged every now and again looking at CMC.Could be some Wall Street algos moving in?
Well, let's buy some more BTS and give our delegates a raise.
Quote from: jsidhu on March 23, 2015, 07:59:45 pmQuote from: Ander on March 23, 2015, 07:31:26 pmQuote from: jsidhu on March 23, 2015, 06:53:14 pmshould be a medium term bottom here.I agree, its likely. I just bought some BTS for the first time since bter went down.But I think it will be a long slow sideways period before we go up much again.I hope so, i want to accumulate some more.Just buy some each week. Don't worry about entry price, drive yourself crazy.Figure out how much you can invest, divide it by a year or two and DCA away.
Quote from: Ander on March 23, 2015, 07:31:26 pmQuote from: jsidhu on March 23, 2015, 06:53:14 pmshould be a medium term bottom here.I agree, its likely. I just bought some BTS for the first time since bter went down.But I think it will be a long slow sideways period before we go up much again.I hope so, i want to accumulate some more.
Quote from: jsidhu on March 23, 2015, 06:53:14 pmshould be a medium term bottom here.I agree, its likely. I just bought some BTS for the first time since bter went down.But I think it will be a long slow sideways period before we go up much again.
should be a medium term bottom here.
this summer
Yeah someone put up several million in sells.We just aren't going to go up as long as these whales are bearish.
Quote from: Ander on March 19, 2015, 09:32:31 pmSelling 3M BTS at btc38 would take us down 6%. Buying 3M shares would take us up 20%.The is the first time in quite a while that the bid/ask has been bullish. There were more asks than bids for quite a while there. More evidence that we have finally found a support level. (Of course, it needs to continue to hold!)Well now buying 3 million shares would only take us up to 0.053. Not sure where all that sell pressure suddenly came from. Maybe the same guy with millions in buy orders around 0.048-0.049? Superwhale? lol
Selling 3M BTS at btc38 would take us down 6%. Buying 3M shares would take us up 20%.The is the first time in quite a while that the bid/ask has been bullish. There were more asks than bids for quite a while there. More evidence that we have finally found a support level. (Of course, it needs to continue to hold!)
It held so far, even with BTC down 10% today. Some buying coming in now on btc38 and bter. First good sign in a long time. It needs to keep holding.
http://en.wikipedia.org/wiki/Correlation_does_not_imply_causation
You could find the same pattern by taking the Bitcoin curve only between June and August 2011, that's what fractal means.Consequently the inference you are making about the lenght of the bear market is incorrect and we could be very far from the bottom. I only see wishful thinking.
Its psychology... patterns tend to repeat themselves.. this is a good find thanks. Human greed and emotions can be repeat in the same way.. price doesn't always reflect it.. usually rhymes though.