Author Topic: Cryptocurrency Master Thread  (Read 219869 times)

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The Big Train

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Re: Cryptocurrency Master Thread
« Reply #126 on: September 13, 2017, 12:05:13 PM »
Feel bad for the rubes that bought in at the height of the frenzy and now are probably taking huge losses because they are panicking.
When the bullets are flying, that's when I'm at my best

Offline EMAWican

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Re: Cryptocurrency Master Thread
« Reply #127 on: September 13, 2017, 12:07:49 PM »
China is just the first country to do this. I'll bet my right arm they won't be the only one.

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Re: Cryptocurrency Master Thread
« Reply #128 on: September 13, 2017, 12:26:00 PM »
Feel bad for the rubes that bought in at the height of the frenzy and now are probably taking huge losses because they are panicking.

Somebody on Reddit was talking about this. Imagine buying in at $95 :sdeek:

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Re: Cryptocurrency Master Thread
« Reply #129 on: September 13, 2017, 12:34:04 PM »
China is just the first country to do this. I'll bet my right arm they won't be the only one.

China has already banned cryptos altogether once.  There's no way to enforce it.  More regulation will help long term.

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Re: Cryptocurrency Master Thread
« Reply #130 on: September 14, 2017, 07:04:31 AM »
LOL

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Re: Cryptocurrency Master Thread
« Reply #131 on: September 14, 2017, 07:06:01 AM »

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Re: Cryptocurrency Master Thread
« Reply #133 on: September 14, 2017, 08:03:05 AM »
Yes! Burn it down!
When the bullets are flying, that's when I'm at my best

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #134 on: September 14, 2017, 08:38:35 AM »
Yeah this dropped way quicker than I thought.  I may be getting back in sooner than I thought :excited:

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Re: Cryptocurrency Master Thread
« Reply #135 on: September 14, 2017, 08:41:41 AM »
When LTC hits $40 I'm going to pound it mercilessly
When the bullets are flying, that's when I'm at my best

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Re: Cryptocurrency Master Thread
« Reply #136 on: September 14, 2017, 12:10:14 PM »
Welp.  These are the two biggest exchanges in China.  They both do 3-5 million in LTC transactions every day.  The day two weeks ago when LTC got to $97 on GDAX was the first day over 2 million for them.

https://twitter.com/satoshilite/status/908375715279597570

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Re: Cryptocurrency Master Thread
« Reply #137 on: September 14, 2017, 12:33:19 PM »
This is like the 5/6 "bubble" that has happened.

There have been a couple of dips comparable to this one already this year. From my standpoint, nothing has really changed since the beginning of the year.

I would say the only comparable one this year was in July when BTC got down to ~1800 from 2700 and LTC got to ~38 from ~55.

This is what I was talking about.

https://twitter.com/iamnomad/status/908324342072840192

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Re: Cryptocurrency Master Thread
« Reply #138 on: September 14, 2017, 12:39:15 PM »

Offline SdK

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Re: Cryptocurrency Master Thread
« Reply #139 on: September 14, 2017, 12:44:05 PM »
Enjoy the mouth cancer.

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Re: Cryptocurrency Master Thread
« Reply #140 on: September 14, 2017, 05:12:03 PM »
Any weird looking charts out there right now TBT? Things seem to be settling in.
When the bullets are flying, that's when I'm at my best

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #141 on: September 14, 2017, 05:34:06 PM »
Any weird looking charts out there right now TBT? Things seem to be settling in.

Not that I've seen.  There was an organic growth chart I saw earlier that a good amount of people were buying again.  You have to look at historic support levels tho too.  This tweet talks about Bitcoin and is a follow up to one I posted earlier.

https://twitter.com/tuurdemeester/status/908385322526011392

What made me buy back in to LTC again at ~$47(other than Charlie's comment) was its support here.  Before 2 weeks ago when it skyrocketed it had been in the ~$44-$48 range for like a month and a half.  That's really strong support, and with a 50% drop the last 2 weeks back to these levels it's a pretty safe bet it doesn't go below.  All the people selling are more than likely out of the market again and the panic sellers with this China thing are out.  If it continues to drop it's going low low, like $20's.  I don't see that happening.

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Re: Cryptocurrency Master Thread
« Reply #145 on: September 15, 2017, 05:06:33 AM »
Welp. Below $40.

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Re: Cryptocurrency Master Thread
« Reply #146 on: September 15, 2017, 06:31:29 AM »
$2975 and $33

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Re: Cryptocurrency Master Thread
« Reply #147 on: September 15, 2017, 06:34:23 AM »

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Re: Cryptocurrency Master Thread
« Reply #148 on: September 15, 2017, 06:36:05 AM »
Bought back in at $45 wish I would have waited.  I guess we are going all the way down this time.
When the bullets are flying, that's when I'm at my best

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Re: Cryptocurrency Master Thread
« Reply #149 on: September 15, 2017, 07:07:59 AM »
All 3 markets have moved in unison through this whole thing. Right after 6:30 AM look at those flash moon and flash crashes on the 1 minute candles. Those were monster rough ridin' buys/sells.  LTC jumped almost $10 in under a minute. That's gotta be a multi-million order by a whale or a state entity. The whole China thing is no mistake.