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Topic: Weak hands keep pushing those coins to stronger hands! (Read 908 times)

full member
Activity: 224
Merit: 100
DigiByte Founder
It's always funny to watch the panic buy's go down after these. Same thing has happened 10 times now with BTC. lol
hero member
Activity: 672
Merit: 501
Looks like the cat just bounced in China for LTC & BTC, she's headed back down boys!
think we have seen the worst of it, might lose a bit more but calming down. What I fear is when EURO wakes up and starts the cycle again.

If you look at the charts, there isn't much support until quite a bit lower.  We need to retest lows before we can make new highs.
Good point, but with many of these alts dropping right now against BTC there is some huge arbitrage potential opening up. To bad all the alt exchanges are down at the moment, Craptsy & Vircurex erroring out, BTER taken offline.

to get away from the panic selling I am sure.
full member
Activity: 224
Merit: 100
DigiByte Founder
Looks like the cat just bounced in China for LTC & BTC, she's headed back down boys!
think we have seen the worst of it, might lose a bit more but calming down. What I fear is when EURO wakes up and starts the cycle again.

If you look at the charts, there isn't much support until quite a bit lower.  We need to retest lows before we can make new highs.
Good point, but with many of these alts dropping right now against BTC there is some huge arbitrage potential opening up. To bad all the alt exchanges are down at the moment, Craptsy & Vircurex erroring out, BTER taken offline.
member
Activity: 98
Merit: 10
Looks like the cat just bounced in China for LTC & BTC, she's headed back down boys!
think we have seen the worst of it, might lose a bit more but calming down. What I fear is when EURO wakes up and starts the cycle again.

If you look at the charts, there isn't much support until quite a bit lower.  We need to retest lows before we can make new highs.
hero member
Activity: 672
Merit: 501
OP is right.  As many of the altcoins age, it's apparent that coins are moving to smarter investors.  We're seeing far less panic sells and market crashes than we were seeing even a month ago. 

Some people don't understand the most basic concept.  Buy low, sell high.

As for the current move we're seeing with Bitcoin and Litecoin, it's purely technical and it's something we can take advantage of.



Yep I am holding strong. It is very very hard to do so, seeing money go away so fast, then I recall when I came back to active mining a few months ago, and saw what had happen....
member
Activity: 98
Merit: 10
OP is right.  As many of the altcoins age, it's apparent that coins are moving to smarter investors.  We're seeing far less panic sells and market crashes than we were seeing even a month ago.  

Some people don't understand the most basic concept.  Buy low, sell high.

As for the current move we're seeing with Bitcoin and Litecoin, it's purely technical and it's something we can take advantage of.

hero member
Activity: 672
Merit: 501
Looks like the cat just bounced in China for LTC & BTC, she's headed back down boys!
think we have seen the worst of it, might lose a bit more but calming down. What I fear is when EURO wakes up and starts the cycle again.
full member
Activity: 322
Merit: 100
1) Never sell lower than you bought in at. You will regret it.
2) Now is the time to buy.
3) Bulls make money, bears make money, pigs get slaughtered.
This is good advice, for some reason every coin has strong support right now, i have not witnessed one die yet, I see some rebirths and alot of new coins coming everyday, wish i had a little btc to scoop up some of the .000X coins.....Xmas gifts?, or btc?, such a hard sitch to be in.....
full member
Activity: 224
Merit: 100
DigiByte Founder
Looks like the cat just bounced in China for LTC & BTC, she's headed back down boys!
full member
Activity: 224
Merit: 100
DigiByte Founder
Vircurex is now giving me an "error can't release order"
full member
Activity: 224
Merit: 100
DigiByte Founder
And bter goes down. lol!
newbie
Activity: 50
Merit: 0
I am waiting for a few of the alts to plunger farther. Got some BTC ready to scoop em up!
cryptsy is down at least for me lol.
I am done with Craptsy. Bter & Vircurex is where its at! Looks like we are having a dead cat bounce/ bull trap in china at the moment.

Bter is just as bad/worse, had coins disappear after a trade and they have yet to respond to any emails. Over a week now. At least Cryptsy has a support system with tickets and not just a black hole email which I am sure goes directly to the trash bin.

hero member
Activity: 672
Merit: 501
I am waiting for a few of the alts to plunger farther. Got some BTC ready to scoop em up!
cryptsy is down at least for me lol.
I am done with Craptsy. Bter & Vircurex is where its at! Looks like we are having a dead cat bounce/ bull trap in china at the moment.

Yes the green light and the poor suckers are gonna buy high again only to lose. Gotta let the storm settle then buy.
full member
Activity: 224
Merit: 100
DigiByte Founder
I am waiting for a few of the alts to plunger farther. Got some BTC ready to scoop em up!
cryptsy is down at least for me lol.
I am done with Craptsy. Bter & Vircurex is where its at! Looks like we are having a dead cat bounce/ bull trap in china at the moment.
hero member
Activity: 672
Merit: 501
I am waiting for a few of the alts to plunger farther. Got some BTC ready to scoop em up!
cryptsy is down at least for me lol.  I am sure china buyers are just laughing at the panic selling...scooping it up rather cheap now. We had this same thing a few weeks ago and it rebounded again.
full member
Activity: 224
Merit: 100
DigiByte Founder
I am waiting for a few of the alts to plunge farther. Got some BTC ready to scoop em up!
hero member
Activity: 672
Merit: 501
Its a blood bath on the LTC and BTC exchanges.
member
Activity: 84
Merit: 10
If you slaughter all pigs, who will be there in the end?


100000 people trade BTC
80% sell it to 'power players'
....
in the end there's one guy who multiplied and multiplied his BTC by trading, and now he has all the BTC which noone wants to buy, and it's worth nothing.


I'm sure there are plenty of whales out there for even such a situation.
hero member
Activity: 980
Merit: 500
FREE $50 BONUS - STAKE - [click signature]
If you slaughter all pigs, who will be there in the end?


100000 people trade BTC
80% sell it to 'power players'
....
in the end there's one guy who multiplied and multiplied his BTC by trading, and now he has all the BTC which noone wants to buy, and it's worth nothing.
sr. member
Activity: 452
Merit: 250
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