Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3537. (Read 9723733 times)

Thanks for invitation

McHammer: would you mind to post settings for this chart please ?

ok, I'll look at it.

I just have the idea that it's not a proper crypto exchange - i.e. one where you just do regular buying and selling according to first principles. I thought I'd have to learn all kinds of Wall Street things like leverage and stuff.

Why not finex toknormal?

Try bitfinex? That's where I went after Mintpal.  Didn't mind leaving mintpal at all... bitfinex is a much safer alternative anyhow.

I was thinking of doing a bit of accumulation on this rise but since Mintpal went tits up all the exchanges are crap and I just can't be bothered with it.

Mintpal was good. Clean, clear and plenty of volume. I don't really want to touch Cryptsy any more, Bittrex is a volume free zone for everything and so is ("whatsitsname-that-one-where-you-can-do-the-fancy-proper-shorting-with-leverage-stuff-that's-too-complicated-for-amateur-crypto-armchair-traders-like-me).

So that basically leaves Bter.

I'll jump on this.  Good time as any I guess.

One of his orders looks like this

2014-11-11 17:41:15   Buy   0.00799   80   0.6392

LOL

whoa..someone just bought a ton on Poloniex.

edit: in terms of their volume. haha.

I like your approach with the accumulating crystal balls   .

No. But I guess someone knows something... 

Is Crystal Ball the codename for that 33BTC buy wall at 611k ?

ok for 61k i like anyway 

=


 

********* TRADING ALERT *********

The market has overcorrected.

Everyone has been dumping like hell thinking they're going to make a tidy profit buying back in at 5. However as I explained on Sunday, the valuation is much more elastic now.

We can see this in the 1 hour chart. The selling momentum went 1-2-3-2-1 and now it's level. i.e. the dump came in 5 successive waves increasing in intensity and then decreasing. The 1 hour chart has now gone level or slightly crossed to the upside.



MARKET DEPTH

The market depth is in full buy-back configuration. Massive asymmetry in favour of the bid side indicates that traders still expect the valuation to recede further but bargain hunters have gathered in numbers with jaws on the floor and tongues hanging out. If you've dumped and are waiting to get back in your going to be in good company. The more the price drops the less liquidity there's going to be:



The 4 hour hour chart is still in full kamikaze mode, but the next bar may indicate a revised trajectory given that selling has all but stopped for the moment and the 1 hour went horizontal. There's a full 17000 DRK to plough through just to get back to 6 and even if that goes off order book it may only be because the market sees us bottoming out. A possible retest of 5.5 may be on the cards at some point but it's equally possible that 6 is the new base.

My crystal ball says we're not going to get below the 18 day EMA currently at ~0.0061  

i believe in this coin since march so when i have some btc i buy dark, i think that 2015 will be darkcoin year but now it's time to go back to 51k 

Are you currently accumulate ? 

We are all here for the long run. Believe in the dev, then the coin.

edit:// forgot to add...then you average down. then the beast awakes.

Just don't panic if you see your investment worth 7BTC in the following days.