Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21357.

cyclotronmajesty

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Quote from: Fatman3001 on July 09, 2015, 04:18:45 AM

Quote from: cyclotronmajesty on July 09, 2015, 04:12:30 AM

Call me crazy I think this LTC rally is almost over.

You're Crazy!

If you care to gamble a bit (and you do, you're in Bitcoin), go for it. It's very possible that LTC will reach $15-18. If BTC starts moving we might even see new highs. Set stops and alarms and watch it like a hawk. It's probably best to not go full in though, buy with something like 20-30% of your stash. If you're going to trade you can't chicken away when the action starts.

Nah....

Tall green candles are followed by this pattern of small candles.

I'll wait. Besides... I made 40$ on this before the rally started yesterday.

So I count myself lucky.

Fatman3001

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Quote from: spike420211 on July 09, 2015, 04:14:09 AM

Quote

Although a new Fararri I'm not so sure about.

Looks more like a Fiat LOL

That's a Ferrari Uno, it's number one! And it can be yours if you trade litecoin!

Swordsoffreedom

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Leading Crypto Sports Betting & Casino Platform

Quote from: cyclotronmajesty on July 09, 2015, 03:26:44 AM

Quote from: Swordsoffreedom on July 09, 2015, 03:20:28 AM

Quote from: Elwar on July 09, 2015, 03:15:27 AM

I think LTC is just catching up. It dropped way too low during the bear market (back to 2012 prices).

Honestly I am still amazed to see its recent rally seeing how it dropped for such a long time.
As it is now I'm curious if it will correct short term or increase even higher long term.

What do you expect the price to be?

I recall it's price at 1.6 not 6 months ago.

That's why I was surprised to see the rally come back so aggressively
As for what I think the price would be its hard to tell as it could either way at this point
With a moving average of 3-4 dollars that might be the stable once the rally stops or it could just keep rising for now at least its uncertain to predict one way or the other.

Fatman3001

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Make Bitcoin glow with ENIAC

Quote from: cyclotronmajesty on July 09, 2015, 04:12:30 AM

Call me crazy I think this LTC rally is almost over.

You're Crazy!

If you care to gamble a bit (and you do, you're in Bitcoin), go for it. It's very possible that LTC will reach $15-18. If BTC starts moving we might even see new highs. Set stops and alarms and watch it like a hawk. It's probably best to not go full in though, buy with something like 20-30% of your stash. If you're going to trade you can't chicken away when the action starts.

cyclotronmajesty

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Activity: 420

Merit: 250

Quote from: spike420211 on July 09, 2015, 04:14:09 AM

Quote

Although a new Fararri I'm not so sure about.

Looks more like a Fiat LOL

I think it's a Daihatsu.

spike420211

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Quote

Although a new Fararri I'm not so sure about.

Looks more like a Fiat LOL

cyclotronmajesty

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Call me crazy I think this LTC rally is almost over.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

cyclotronmajesty

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Quote from: Spaceman_Spiff on July 09, 2015, 03:46:18 AM

Quote from: cyclotronmajesty on July 09, 2015, 03:18:46 AM

Can I talk about Litecoin here or will I get censored again?

Does anyone know if this coin is EVER coming down again?

How does a trader even gauge risk in this kind of situation?

Huh

I just want to break even after my losses from bitcoin...

i'd be nice to actually make a buck trading.. never had that experience...

I've never seen money fly around like this. Kinda makes me sick actually.

Best way to make money trading is to buy into a speculative altcoin after it has multiplied several times and has gone parabolic, with daily increases >20%, when everybody is talking about it.
Also make sure to borrow lots of money and use a lot of leverage, to get even bigger profits (don't think about potential losses, dream about that expensive car you want).
Everybody else is making mad profits, don't miss out ! Greed is good! Buy Now! At any Price, Profit is guaranteed! Buy Buy !
......

--> For the braindead amongst us, that was sarcasm. This is how your greedy emotions get played and you lose lots of money.

That being said, the amount of shorters on bitfinex is still quite high, so we could see a nasty squeeze before the pump bubble pops.

Hahah. Actuallly I don't care about making money I'd just like to not loose money.
I'm new at this and I lost 300+ USD to trading bitcoin when I started. (~ 6 months ago)
Made most of it back with LTC this week. But... still got about 80 bucks to go.

Bitcoin really looks like the shitcoin nowadays. I guess that was the intent of all this.

I just got into Bitcoin to avoid getting a bank account under FACTA IRS bullshit from the USA.

BTCat

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Quote from: ?? on ??

Quote from: cyclotronmajesty on July 09, 2015, 03:44:59 AM

Quote from: ?? on ??

The bottom is already gone at 0.005 BTC per coin, you're too late....

Haha... I'd never expect to trade that well. Did you get in at .0005 BTC?

I got in at 0.012 long before the bottom...

I got in at 0.0062 and call the top on 0.0278. But I'm already out awhile, took profit and did not buyback lower. Took position in Horizon HZ, good coin:)

cyclotronmajesty

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Quote from: ?? on ??

Quote from: cyclotronmajesty on July 09, 2015, 03:44:59 AM

Quote from: ?? on ??

The bottom is already gone at 0.005 BTC per coin, you're too late....

Haha... I'd never expect to trade that well. Did you get in at .0005 BTC?

I got in at 0.012 long before the bottom...

I was gonna do that but I am too poor. ... Too late now. =/

Good luck ... hope u get a new Fararri.

Spaceman_Spiff

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Quote from: cyclotronmajesty on July 09, 2015, 03:18:46 AM

Can I talk about Litecoin here or will I get censored again?

Does anyone know if this coin is EVER coming down again?

How does a trader even gauge risk in this kind of situation?

Huh

I just want to break even after my losses from bitcoin...

i'd be nice to actually make a buck trading.. never had that experience...

I've never seen money fly around like this. Kinda makes me sick actually.

Best way to make money trading is to buy into a speculative altcoin after it has multiplied several times and has gone parabolic, with daily increases >20%, when everybody is talking about it.
Also make sure to borrow lots of money and use a lot of leverage, to get even bigger profits (don't think about potential losses, dream about that expensive car you want).
Everybody else is making mad profits, don't miss out ! Greed is good! Buy Now! At any Price, Profit is guaranteed! Buy Buy !
......

--> For the braindead amongst us, that was sarcasm. This is how your greedy emotions get played and you lose lots of money.

That being said, the amount of shorters on bitfinex is still quite high, so we could see a nasty squeeze before the pump bubble pops.

cyclotronmajesty

sr. member

Activity: 420

Merit: 250

Quote from: ?? on ??

The bottom is already gone at 0.005 BTC per coin, you're too late....

Haha... I'd never expect to trade that well. Did you get in at .0005 BTC?

Elwar

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Viva Ut Vivas

Quote from: inca on July 09, 2015, 03:36:27 AM

Quote from: ?? on ??

LTC used to be 50 USD per coin during the previous high, still some room upwards left...

But what is the trigger? Just a pre-halving pump, no?

LTC follows Bitcoin's price. They refer to it as Litecoin is the silver to Bitcoin's gold.

I bought a bunch of LTC and PPC back in 2013. Not enough to change my life but enough to check the price every once in a while. I don't really see them being used for much though.

cyclotronmajesty

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Quote from: ?? on ??

LTC used to be 50 USD per coin during the previous high, still some room upwards left...

But that was when Bitcoin was at 1200.

So about 14$ if it's a return to previous ratios?

Still I can't see myself getting in again until I see a significant decline.

I'd like to buy allot lower than this. I'd just like to have some sense of it having reached it's bottom before I go in.

The traders make money in both directions... it's odd to see this go up like this. Although I see it had a 59% increase this year as well in one day...

inca

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Quote from: ?? on ??

LTC used to be 50 USD per coin during the previous high, still some room upwards left...

But what is the trigger? Just a pre-halving pump, no?

Sitarow

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TQMA

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Bitcoin is the currency of resistance.

Cool, but I only focus in Bitcoin (long term) and relax Cool

BTC

inca

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LTC from 1.5 to 6.7 in a few weeks. Seems legit

Looks like we will have to wait for bitcoin a little longer.

Worth pointing out that if you watch LTC there is no resistance to buy pressure. Buying naturally pushes back the asks. A bit different with bitcoin!

cyclotronmajesty

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Quote from: Swordsoffreedom on July 09, 2015, 03:20:28 AM

Quote from: Elwar on July 09, 2015, 03:15:27 AM

I think LTC is just catching up. It dropped way too low during the bear market (back to 2012 prices).

Honestly I am still amazed to see its recent rally seeing how it dropped for such a long time.
As it is now I'm curious if it will correct short term or increase even higher long term.

What do you expect the price to be?

I recall it's price at 1.6 not 6 months ago.

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