A person called "Fontas" was possibly behind most of the LTC pump. He has a reputation for being fairly effective. You can send him 4 BTC to join his pump group.
https://www.tradingview.com/u/Fontas/
Topic: nrd525 Market Tracker - page 51. (Read 82714 times)
So as a clarification, I decided to close my position when only BFX was crashing and it looked like a possible flash crash that might be affecting only one market. BTCe and the Chinese markets were all holding relatively steady.
According to WhaleClub chat there was a DDOS attack on several exchanges.
How about that 20 hour prediction =)
According to WhaleClub chat there was a DDOS attack on several exchanges.
How about that 20 hour prediction =)
Was indeed a good call! This is the most bullish action we have seen in months. Exciting times.
So as a clarification, I decided to close my LTC position when only BFX was crashing and it looked like a possible flash crash that might be affecting only one market. BTCe and the Chinese markets were all holding relatively steady.
According to WhaleClub chat there was a DDOS attack on several exchanges.
How about that 20 hour prediction =) 12 hours after it, the market crashed.
For the record, my liquidation price was around $10.50 (mostly backed by BTC though - so dependent on that value). So I came very close to liquidation.
Also, I got back in with a 300 short at $5.38 after I realized that it was a general crash.
According to WhaleClub chat there was a DDOS attack on several exchanges.
How about that 20 hour prediction =) 12 hours after it, the market crashed.
For the record, my liquidation price was around $10.50 (mostly backed by BTC though - so dependent on that value). So I came very close to liquidation.
Also, I got back in with a 300 short at $5.38 after I realized that it was a general crash.
LTC spread - BTCe 20% higher than BFX
Now the crash spread to China.
Huobi BTC is $60 over BFX.
Crazy.
Huobi BTC is $60 over BFX.
Crazy.
Closed my position at a big loss, but I hit it during the flash crash on BFX - so $5.89. Okcoin is 15% or more above that. Weird crazy.
Past 24 hours:
PPC up 30%
NMC up 26%
Both of these are close to the LTC/BTC 30% increase.
Doge is staying out of the pump.
I think the LTC bubble bursts this weekend. Probably in the next 20 hours (Eg Friday in China).
BTC is stable.
I wrote this during the OkCoin LTC runup to 49.91. Always interesting to see a strong push at such an early hour in China (4:40 AM).
PPC up 30%
NMC up 26%
Both of these are close to the LTC/BTC 30% increase.
Doge is staying out of the pump.
I think the LTC bubble bursts this weekend. Probably in the next 20 hours (Eg Friday in China).
BTC is stable.
I wrote this during the OkCoin LTC runup to 49.91. Always interesting to see a strong push at such an early hour in China (4:40 AM).
The popping of the Chinese stock market bubble, should be serving as a great example of what can happen with bubbles to all Chinese investors. For that matter, it should be influencing investors around the world as bubble popping stories are commonplace.
I think most of the LTC investors (in amount of money invested, not in number) know that it is a bubble and are consciously gambling.
Yeah, always use stoploss with this shit...I think most of the LTC investors (in amount of money invested, not in number) know that it is a bubble and are consciously gambling.
For sure, most people see these pumps as an gamble.
Yesterday there was a news article as well, about the Chinese people who put their retirement funds into stock exchanges or gamble it in a casino and hope for the best.
Wouldn't surprise me if they just choose Crypto as another form of gambling.
The popping of the Chinese stock market bubble, should be serving as a great example of what can happen with bubbles to all Chinese investors. For that matter, it should be influencing investors around the world as bubble popping stories are commonplace.
I think most of the LTC investors (in amount of money invested, not in number) know that it is a bubble and are consciously gambling.
Yeah, always use stoploss with this shit... I think most of the LTC investors (in amount of money invested, not in number) know that it is a bubble and are consciously gambling.
The popping of the Chinese stock market bubble, should be serving as a great example of what can happen with bubbles to all Chinese investors. For that matter, it should be influencing investors around the world as bubble popping stories are commonplace.
I think most of the LTC investors (in amount of money invested, not in number) know that it is a bubble and are consciously gambling.
I think most of the LTC investors (in amount of money invested, not in number) know that it is a bubble and are consciously gambling.
LTC Past $7 (in Yuan at least). End of bubble is near.
I expected the crash to happen yesterday, but It wouldn't surprise me if it even goes up today and even tomorrow.
Thats something that could be true.
There are so many reasons that could be behind the LTC Spike that it's hard to predict what the real reason is.
Yes indeed, putting it like that does make investing in LTC more attractive then BTC.
Interesting thread. I'm not much for chart analysis, but something tells me that Bitcoin is about to make a big move, and if you are too impatient right now, you might get suckered into a big LTC pump and dump in the meantime. We'll see I guess.
It is EXTREMELY risky to trade LTC now, I agree. I will enter for a scalp at 7.5 up to 10-12.But if it goes 12.5 I will go all fuckin in with a stoploss always 3 boxes below the current top (live PnF)
LTC Past $7 (in Yuan at least). End of bubble is near.
I expected the crash to happen yesterday, but It wouldn't surprise me if it even goes up today and even tomorrow.
Thats something that could be true.
There are so many reasons that could be behind the LTC Spike that it's hard to predict what the real reason is.
Yes indeed, putting it like that does make investing in LTC more attractive then BTC.
LTC Past $7 (in Yuan at least). End of bubble is near.
I expected the crash to happen yesterday, but It wouldn't surprise me if it even goes up today and even tomorrow.
Thats something that could be true.
There are so many reasons that could be behind the LTC Spike that it's hard to predict what the real reason is.
LTC Past $7 (in Yuan at least). End of bubble is near.
I expected the crash to happen yesterday, but It wouldn't surprise me if it even goes up today and even tomorrow.
Thats something that could be true.
There are so many reasons that could be behind the LTC Spike that it's hard to predict what the real reason is.
LTC Past $7 (in Yuan at least). End of bubble is near.
I expected the crash to happen yesterday, but It wouldn't surprise me if it even goes up today and even tomorrow.
LTC Past $7 (in Yuan at least). End of bubble is near.
I expected the crash to happen yesterday, but It wouldn't surprise me if it even goes up today and even tomorrow.
LTC Past $7 (in Yuan at least). End of bubble is near.
That LTC is bonkers. It's one hell of a spike. Closed my long waaay too early :-/
There is some good analysis on the tradingview bitcoin chat, charts of that chat are also published at whaleclub.co, also you can search tradingview for idea's.
Why you didn't use a stop loss on LTC shorts? It's pretty dangerous what you're doing now, but if you think you can handle some more pressure and price comes down after to profitable levels, good luck!
Why you didn't use a stop loss on LTC shorts? It's pretty dangerous what you're doing now, but if you think you can handle some more pressure and price comes down after to profitable levels, good luck!
I was shorting BTC/LTC when it was at 0.012, but closed it with a lose when it started climbing up and went long instead. But got scared and closed that before that huge pump to 0.015. I hope this works out for you, but to be honest, it's not looking good and I don't think we will be back at $2.5 for a long time.
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