BitShares Forum
Main => General Discussion => Topic started by: bytemaster on May 27, 2015, 05:39:35 pm
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Just curious why they are getting such a huge bump.
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Doge volume is $613,062 at BTC38 alone, or 64% of total. That's nuts. BTC38 in general just seems to be pumping lately. Chinese interest in crypto resparking? I dunno. Either way it seems to be pulling BTS along with it.
Hoping BTS can break out on it's own accord come June. :D
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Chinese whales
people cash out from recent bullish stock market in china.,this smart money just inflows cryptocurrency
they pick doge now,whats next?
maybe BTS.
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It is the semi-annual doge-rush.
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this chinese whale is probably buying doge up cause the icon looks like his dog
http://appleinsider.com/articles/15/05/26/wealthy-chinese-man-buys-two-gold-apple-watch-editions-for-dog-prompts-bizarre-controversy
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Just curious why they are getting such a huge bump.
Déjà Vu... https://bitsharestalk.org/index.php/topic,9372.0.html
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They're getting less of a pump than we've had in the last 7 days.
Most cryptos are down heavily since their peak, the tides might be finally turning or it's just a bull trap before we slide further.
It looks like some big investors have invested heavily into several of the more popular altcoins - this makes sense based on the huge divergence in price from Bitcoins price. The advantages offered by some altcoins like BTS make them worthy of a greater cut of the total crypto marketcap pie.
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Doge is really good from a stock trading point of view .
LTC too .
These simple and "bad News Free" coins will provide a safest bet for speculators with experience .
They can watch the price movement , use the classic trading techniques learned from stock market ( K-chart , MACD , etc ) , and swim easily in these market without all the dramas related to other complicated projects .
So every now and then , new money will come in (even big money ) . From a technical standing point of view , LTC and Doge is worthless . But from a speculative point of view , if you're a speculator or likes to gamble with stock theory , LTC and Doge and BTC is the best bet .
This will be the reality for a long time .
Doge will drop eventually , but then it will be pumped again by new money at god knows when , it will easily X multiple times when the bull market comes . From a trading point of view , the K-chart of doge is the most beautiful chart among the major crypto markets .
I can go on with details , but I think you get the picture .
In the end , the market is not supported by us the supporters , I wish it is . But the speculators who provides short term liquidity matters most to grand scheme of things . It's a typical butterfly effect . Money follows money , they don't follow us who praise how good the technology is .
Tons of VC are investing in company related to Bitcoin instead of 2.0 projects (ripple excluded) , because it's safe to follow the step of those who already explored .
Technology maybe a competitive advantage in the real world , but in the early stage of crypto currency , with high P/E ratio , the cold hard rule of the capital market applies . The market cap is majorly supported by those who don't even own a crypto wallet .
While we need to make good deliver on the good product , these facts can not be missed .
Also , no need to search for "good news" when a pump happened . It's not even about the news , it's about the capital . News is just the timing that the capital choose to initiate the pump .
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lol....I just remembered , you had an post with the exact same title earlier around last October or Nov. last year or so .
https://bitsharestalk.org/index.php/topic,9372.msg121469.html (https://bitsharestalk.org/index.php/topic,9372.msg121469.html)
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DOGE wants DPOS? :P
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They will do AT via CIYAM afaik ..
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Just curious why they are getting such a huge bump.
Because of the chart. Exactly the same reason why BTS went up a bunch recently.
The BTS and Doge moves have been mirroring each other pretty similarly, and tending to move up on the same day or within a day of each other. A btc38 whale seems to be buying both together. Both Doge and BTS are both up about 100% (almost exactly), after they both bottomed on the same day.
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Doge is really good from a stock trading point of view .
LTC too .
These simple and "bad News Free" coins will provide a safest bet for speculators with experience .
They can watch the price movement , use the classic trading techniques learned from stock market ( K-chart , MACD , etc ) , and swim easily in these market without all the dramas related to other complicated projects .
So every now and then , new money will come in (even big money ) . From a technical standing point of view , LTC and Doge is worthless . But from a speculative point of view , if you're a speculator or likes to gamble with stock theory , LTC and Doge and BTC is the best bet .
This will be the reality for a long time .
Doge will drop eventually , but then it will be pumped again by new money at god knows when , it will easily X multiple times when the bull market comes . From a trading point of view , the K-chart of doge is the most beautiful chart among the major crypto markets .
I can go on with details , but I think you get the picture .
In the end , the market is not supported by us the supporters , I wish it is . But the speculators who provides short term liquidity matters most to grand scheme of things . It's a typical butterfly effect . Money follows money , they don't follow us who praise how good the technology is .
Tons of VC are investing in company related to Bitcoin instead of 2.0 projects (ripple excluded) , because it's safe to follow the step of those who already explored .
Technology maybe a competitive advantage in the real world , but in the early stage of crypto currency , with high P/E ratio , the cold hard rule of the capital market applies . The market cap is majorly supported by those who don't even own a crypto wallet .
While we need to make good deliver on the good product , these facts can not be missed .
Also , no need to search for "good news" when a pump happened . It's not even about the news , it's about the capital . News is just the timing that the capital choose to initiate the pump .
Great explanation by a wise man.
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Just curious why they are getting such a huge bump.
I think I know why doge getting such a huge bump , it is marketing action
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Doge is really good from a stock trading point of view .
LTC too .
These simple and "bad News Free" coins will provide a safest bet for speculators with experience .
They can watch the price movement , use the classic trading techniques learned from stock market ( K-chart , MACD , etc ) , and swim easily in these market without all the dramas related to other complicated projects .
So every now and then , new money will come in (even big money ) . From a technical standing point of view , LTC and Doge is worthless . But from a speculative point of view , if you're a speculator or likes to gamble with stock theory , LTC and Doge and BTC is the best bet .
This will be the reality for a long time .
Doge will drop eventually , but then it will be pumped again by new money at god knows when , it will easily X multiple times when the bull market comes . From a trading point of view , the K-chart of doge is the most beautiful chart among the major crypto markets .
I can go on with details , but I think you get the picture .
In the end , the market is not supported by us the supporters , I wish it is . But the speculators who provides short term liquidity matters most to grand scheme of things . It's a typical butterfly effect . Money follows money , they don't follow us who praise how good the technology is .
Tons of VC are investing in company related to Bitcoin instead of 2.0 projects (ripple excluded) , because it's safe to follow the step of those who already explored .
Technology maybe a competitive advantage in the real world , but in the early stage of crypto currency , with high P/E ratio , the cold hard rule of the capital market applies . The market cap is majorly supported by those who don't even own a crypto wallet .
While we need to make good deliver on the good product , these facts can not be missed .
Also , no need to search for "good news" when a pump happened . It's not even about the news , it's about the capital . News is just the timing that the capital choose to initiate the pump .
actually
I do not like this explanation
I have about 10 years experience of investing stock, I saw many foam in capital market.
there must have many explanation like you give after price of stake rising. Yes , there are must have many reasons/explanations though this stock is worthless .
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Just curious why they are getting such a huge bump.
Déjà Vu... https://bitsharestalk.org/index.php/topic,9372.0.html
:D