Nearing Bottom

[onceuponatime]

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?

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)

Did you get the last newsletter?

https://bitshares.org/newsletter/2015/nullstreet/the_nullstreet_journal_0-2.pdf?utm_source=BitShares+Supporters&utm_campaign=a9b7554fa0-Community_Newsletter_Volume_0_2__3-13-2015&utm_medium=email&utm_term=0_a18e5c0fa1-a9b7554fa0-110111421&mc_cid=a9b7554fa0&mc_eid=f536c3d556

And there's lots more besides what is listed in there. For instance, Peertracks (powered by BitShares) just had their debut at the Texas Bitcoin Conference yesterday, and NOTES are now trading on the BitShares internal exchange as a UIA and at https://blocktrades.us/

Have you checked out http://cryptosmith.info/index.php  where you can purchase physical gold and silver with bitAssets and have it deleivered to your door?

[BldSwtTrs]

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?

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)

[Ander]

BTS is very, VERY oversold right now, imo.  So many people panicked out near the bottom. 

[Troglodactyl]

BitSharesBlocks is wrong too.  Maybe that's where they're getting their data.  Is anyone in contact with svk?

EDIT: Fixed now.

[Troglodactyl]

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?

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).

Yeah, CMC clearly has bad data.  They show most of the volume being on the internal BitShares exchange, but the numbers they report don't match the internal market at all.

[onceuponatime]

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?

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).

[oldman]

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?

[yellowecho]

I'm shorting bitUSD regardless 

[Helikopterben]

The downward trend channel is pretty clear using a log chart.  It looks like we are at the bottom of the range.  A capitulation throw-over could go below the line briefly, signaling the end of the bear market.  We shall see.  It would be nice to put some flash crash bids in place but it is just too hard to trust the exchanges, even for a few hours. 

It is a bit worrying that this bear move has retraced the entire rise from last summer and then some, although bitshares has experienced substantial changes since then, including a change in the number of units to be put into circulation, which is very controversial in the crypto world.  I don't see this as a long-term problem, especially as control shifts from developers to shareholders over time and investors realize that these arbitrary changes will become less feasible and eventually nearly impossible (and highly likely to never happen again).

This could be the buying opportunity of a lifetime.  Of course that is just my opinion and is in no way financial advise.

[Akado]

I bought a few, half through metaexchange, half through blocktrades 

[cass]

Well, let's buy some more BTS and give our delegates a raise.

i would if i could^^

[Frodo]

It's crazy. We're nearly down to 15 million and  stuff like doge has 12? Ignorance in this space is beyond belief.

Well, let's buy some more BTS and give our delegates a raise.

[D4vegee]

I cannot believe how cheap BTS are right now. Are these sellers crazy? Or is it manipulation? Fuck knows. But I'm buying more!


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[CLains]

time to set buy orders

[mdj]

should 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.

 
I'm buying again now (first time since Bter went down), can't believe how low BTS has gone though