Author

Topic: is there a good place/source for news as to why the price of etheruem suddenly c (Read 418 times)

hero member
Activity: 1008
Merit: 1000
Whales made a splash and cashed out some bitcoin.

Bitcoin is the national reserve so it greatly affects the alts.
member
Activity: 112
Merit: 11
Most of the crap I've seen on price analysis is worthless.  In a market with so much FOMO buying and panic selling, it's hard to really know why anything happens.  Add to that big buyers with their own buy and sell markers based on each of their very specific goals which are probably what triggers FOMOing and panicing, and there's little knowable reason to most big moves.

When there is a discernible reason for something to happen, price analysis often doesn't know what that something will be.  Ex. August 1 BTC hard fork.  Big event, no one really knew what it would do even though everyone had an opinion.  I'm just saying beware of manufactured reasoning.  Often there's an agenda and if you let yourself get caught up in it, you could lose money.
sr. member
Activity: 2464
Merit: 318
Maybe its in anticipation of 66k BTC, 485k ETH and bunch of others expected
to hit market now that BTC-E is back?
full member
Activity: 203
Merit: 100
like just a bit ago went from 392 to 359 anyt news as to why? for refrence in the future an place i can keep up with news on ether?
Jump to: