Author Topic: Bitshares price discussion  (Read 540866 times)

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Offline Akado

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Re: Bitshares price discussion
« Reply #2730 on: March 14, 2016, 12:58:34 am »
getting rekt now
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Offline nomoreheroes7

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Re: Bitshares price discussion
« Reply #2731 on: March 14, 2016, 01:01:36 am »
Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.
« Last Edit: March 14, 2016, 01:03:52 am by nomoreheroes7 »

Offline Akado

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Re: Bitshares price discussion
« Reply #2732 on: March 14, 2016, 01:08:05 am »
Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

Seems pretty much like those BTC flash crashes that used to happen on BTC-e
« Last Edit: March 14, 2016, 01:15:25 am by Akado »
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Offline Brekyrself

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Re: Bitshares price discussion
« Reply #2733 on: March 14, 2016, 01:17:55 am »
Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

What's interesting is that these coins have majority of the volume on Poloniex.  I worry another Willy bot could be in play.  Thoughts?

Offline Akado

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Re: Bitshares price discussion
« Reply #2734 on: March 14, 2016, 01:21:02 am »
Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

What's interesting is that these coins have majority of the volume on Poloniex.  I worry another Willy bot could be in play.  Thoughts?

There's no way of knowing that. Could be someone just wanting to cause panic on Polo. Remember they were under DDOS a few hours ago!! It think there's some chance of that. With this huge volume, polo should have a pretty big target on its back.

Someone has a case against Polo or Ethereum maybe. I think that's more likely.

Ether is going to be added on a chinese exchange today too so maybe someone wanting to get in cheap before the chinese get in?
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Offline Brekyrself

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Re: Bitshares price discussion
« Reply #2735 on: March 14, 2016, 01:34:58 am »
Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

What's interesting is that these coins have majority of the volume on Poloniex.  I worry another Willy bot could be in play.  Thoughts?

There's no way of knowing that. Could be someone just wanting to cause panic on Polo. Remember they were under DDOS a few hours ago!! It think there's some chance of that. With this huge volume, polo should have a pretty big target on its back.

Someone has a case against Polo or Ethereum maybe. I think that's more likely.

Ether is going to be added on a chinese exchange today too so maybe someone wanting to get in cheap before the chinese get in?

Symptoms are similar to Gox.  I'm not saying that's what it is, however the volume on all these "alts" is astronomical at similar times.  I've been around BTC for awhile and it's hard for me to believe all this volume is natural NEW awareness in blockchain tech.

I guess I'm becoming too used to BitShares openness!

Offline xh3

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Re: Bitshares price discussion
« Reply #2736 on: March 14, 2016, 01:58:28 am »
thin market tactics

Offline Tuck Fheman

Re: Bitshares price discussion
« Reply #2737 on: March 14, 2016, 03:05:18 am »
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Offline bitmeat

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Re: Bitshares price discussion
« Reply #2738 on: March 14, 2016, 09:06:58 am »
http://www.hitfin.com/ - Financial derivatives running on Ethereum network.

BTS will face a lot of competition like that.

Offline mf-tzo

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Re: Bitshares price discussion
« Reply #2739 on: March 14, 2016, 10:39:50 am »
http://www.hitfin.com/ - Financial derivatives running on Ethereum network.

BTS will face a lot of competition like that.

This is interesting. Does running on Ethereum blockchain mean that the company cannot go bust, take the money and run away?

Offline Ander

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Re: Bitshares price discussion
« Reply #2740 on: March 14, 2016, 07:18:03 pm »
Based on the BTS action, I get the feeling some idiots margin longed it on a rise again.  Hope it wasnt any of you guys.
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Offline Chuckone

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Re: Bitshares price discussion
« Reply #2741 on: March 14, 2016, 07:42:32 pm »
@Ander I'm pretty sure nobody's going to brag (or complain) that they were margin long, it was clearly a reckless move at this point...

I thought we were already lucky there wasn't a retracement right after the rise, but I had a feeling it would happen at some point. I was hoping I'd be wrong though.

Offline lil_jay890

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Re: Bitshares price discussion
« Reply #2742 on: March 14, 2016, 07:45:20 pm »
Total shit price action... BTS has no "stickiness" to the upside, only to the downside.  All it does is spike and get dumped on by whales.  Only way to make money long is to watch the charts and pray you are around when there is the 1 day pump.

Offline Tuck Fheman

Re: Bitshares price discussion
« Reply #2743 on: March 14, 2016, 08:22:55 pm »
Fair weather friends ... how soon you forget!

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Offline nomoreheroes7

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Re: Bitshares price discussion
« Reply #2744 on: March 14, 2016, 08:25:36 pm »
Fair weather friends ... how soon you forget!



Holy shit that's awesome Tuck.

Let's hope it comes true. Heh.