Large 10+ btc buys on cryptsy today!

[smokim11]

Bytemaster was talking speculatively about changing some things and it made the market nervous

Thanks for the info, crazy how sensitive the markets are.

[Lighthouse]

Bytemaster was talking speculatively about changing some things and it made the market nervous

[smokim11]

I think memorycoin is a bit of a wash, I see no reason why I would want to hold or why it should succeed any more than another altcoin that doesn't have any advantages over Bitcoin

.


Wonder whats causing the nosedive in PTS. Holiday profit taking?

[Lighthouse]

I think memorycoin is a bit of a wash, I see no reason why I would want to hold or why it should succeed any more than another altcoin that doesn't have any advantages over Bitcoin

[smokim11]

Kind of weird since memorycoin was launched PTS Is diving. That can't be good.

[smokim11]

Heavy selling on btc38 and cryptsy, people see the price drop a few dollars they panic.

[Lighthouse]

Lighthouse,

Good for you!

You are so smart!

 

Did you reinvest the "profit", by adding more PTS instead of taking cash?

It is hard to make 1 BTC to 2 BTC, but it is not hard to make $1 to $2 in the digital space thses days.

I am only trading to maximize my PTS holdings when I feel the price is temporarily out of whack. 

[boshen1011]

Lighthouse,

Good for you!

You are so smart!

 

Did you reinvest the "profit", by adding more PTS instead of taking cash?

It is hard to make 1 BTC to 2 BTC, but it is not hard to make $1 to $2 in the digital space these days.

[Pocket Sand]

Very nice lighthouse

[Lighthouse]

By the looks of it there were earlier impatient buyers who drove up the price, which caused more sellers to dig out their PTS to capture that higher price, which increased supply and caused the price to go back down    I did the same thing personally when PTS first started trading, didnt know what to pay so I paid .01 which brought tons of sellers out but few buyers except me, the price went down as low as .002 before buyers came in and started creating a market (and I bought for .002 and sold for .0035 in quantities of 1000+)

[freeworld]

that's the level I'm buying back in at too, sold some at .04

woah that's a great margin, nice work!

[Lighthouse]

that's the level I'm buying back in at too, sold some at .04

[freeworld]

Price (btc)         PTS                             Total (btc)
0.02550000    469.00000000        11.95950000

I've been seeing big buys like this all day.  Any new and/or interesting developments going on?