nrd525 Market Tracker - page 51. | Bitcointalksearch.org

bigtimespaghetti

legendary

Activity: 1652

Merit: 1057

bigtimespaghetti.com

Quote from: nrd525 on July 11, 2015, 11:39:47 PM

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/

That's quite the business model he has going there. But yeah, I have heard a alot about him on the btce trollbox, where he enjoys legendary status!

nrd525

legendary

Activity: 1868

Merit: 1023

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/

bigtimespaghetti

legendary

Activity: 1652

Merit: 1057

bigtimespaghetti.com

Quote from: nrd525 on July 10, 2015, 03:21:13 PM

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 =)

Was indeed a good call! This is the most bullish action we have seen in months. Exciting times.

nrd525

legendary

Activity: 1868

Merit: 1023

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.

nrd525

legendary

Activity: 1868

Merit: 1023

LTC spread - BTCe 20% higher than BFX

nrd525

legendary

Activity: 1868

Merit: 1023

Now the crash spread to China.

Huobi BTC is $60 over BFX.

Crazy.

nrd525

legendary

Activity: 1868

Merit: 1023

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.

nrd525

legendary

Activity: 1868

Merit: 1023

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).

Kevinrasf

hero member

Activity: 560

Merit: 500

Quote from: klee on July 09, 2015, 02:50:13 AM

Quote from: nrd525 on July 09, 2015, 02:48:26 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...

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.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: nrd525 on July 09, 2015, 02:48:26 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...

nrd525

legendary

Activity: 1868

Merit: 1023

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.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: Kevinrasf on July 09, 2015, 02:33:17 AM

Quote from: klee on July 09, 2015, 02:27:06 AM

Quote from: Kevinrasf on July 09, 2015, 02:25:18 AM

Quote from: klee on July 09, 2015, 02:20:57 AM

Quote from: Kevinrasf on July 09, 2015, 02:13:27 AM

Quote from: nrd525 on July 09, 2015, 01:36:08 AM

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.

Maybe it won't happen soon. Maybe a big part of BTC whales are fed up with BTC's centralisation and are pouring a shitload of funds, switching to LTC...

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.

Halving, better Risk Reward for Chinese FOMO (easier to double from 5 to 10 than 500 to 1000), BTC laundering, etc

Yes indeed, putting it like that does make investing in LTC more attractive then BTC.

Quote from: klee on July 09, 2015, 02:35:07 AM

Quote from: dragonseer on July 09, 2015, 02:32:31 AM

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)

Kevinrasf

hero member

Activity: 560

Merit: 500

Quote from: klee on July 09, 2015, 02:27:06 AM

Quote from: Kevinrasf on July 09, 2015, 02:25:18 AM

Quote from: klee on July 09, 2015, 02:20:57 AM

Quote from: Kevinrasf on July 09, 2015, 02:13:27 AM

Quote from: nrd525 on July 09, 2015, 01:36:08 AM

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.

Maybe it won't happen soon. Maybe a big part of BTC whales are fed up with BTC's centralisation and are pouring a shitload of funds, switching to LTC...

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.

Halving, better Risk Reward for Chinese FOMO (easier to double from 5 to 10 than 500 to 1000), BTC laundering, etc

Yes indeed, putting it like that does make investing in LTC more attractive then BTC.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: Kevinrasf on July 09, 2015, 02:25:18 AM

Quote from: klee on July 09, 2015, 02:20:57 AM

Quote from: Kevinrasf on July 09, 2015, 02:13:27 AM

Quote from: nrd525 on July 09, 2015, 01:36:08 AM

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.

Maybe it won't happen soon. Maybe a big part of BTC whales are fed up with BTC's centralisation and are pouring a shitload of funds, switching to LTC...

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.

Halving, better Risk Reward for Chinese FOMO (easier to double from 5 to 10 than 500 to 1000), BTC laundering, etc

Kevinrasf

hero member

Activity: 560

Merit: 500

Quote from: klee on July 09, 2015, 02:20:57 AM

Quote from: Kevinrasf on July 09, 2015, 02:13:27 AM

Quote from: nrd525 on July 09, 2015, 01:36:08 AM

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.

Maybe it won't happen soon. Maybe a big part of BTC whales are fed up with BTC's centralisation and are pouring a shitload of funds, switching to LTC...

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.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: Kevinrasf on July 09, 2015, 02:13:27 AM

Quote from: nrd525 on July 09, 2015, 01:36:08 AM

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.

Maybe it won't happen soon. Maybe a big part of BTC whales are fed up with BTC's centralisation and are pouring a shitload of funds, switching to LTC...

Kevinrasf

hero member

Activity: 560

Merit: 500

Quote from: nrd525 on July 09, 2015, 01:36:08 AM

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.

nrd525

legendary

Activity: 1868

Merit: 1023

LTC Past $7 (in Yuan at least). End of bubble is near.

bigtimespaghetti

legendary

Activity: 1652

Merit: 1057

bigtimespaghetti.com

That LTC is bonkers. It's one hell of a spike. Closed my long waaay too early :-/

hodlmybtc

hero member

Activity: 700

Merit: 500

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!

Topic: nrd525 Market Tracker - page 51. (Read 83024 times)