/biz/ - Business and Finance

litecoin's being pumped, 40million in circulation, currently worth $6 each.

https://bitinfocharts.com/litecoin/

peercoin's being accumulated, 22million in circulation, currently worth 0.55c each.

https://bitinfocharts.com/ppcoin/

as far as i can tell all other contributing forces match up.

i'm looking forward at selling my ppc for great profit. good day gents.

>>573

what, 90% profit isn't good enough for you? i bought at 55c retard, not 90. sold some at 95 and now i'm doubling up.

fuck you.

>>581

looking back at my post i'm disappointed in myself for getting preachy. i noticed a lot of dumpage at ~62c and was compelled to sell but i was being overzealous. if i had dropped the attitude and went with my gut i'd have gained ~15%.

>>595

I've still got plenty of faith in this coin (well, faith it'll get pumped eventually, again). Right now, I'm expecting it to retrace to 55c then probably back under 50. The recent massive jumps in price are because of a few individual players, it is impossible know exactly how/when they'll act but you can gauge the trend. If it gets up to 55 I'm gonna sell more; i think the price is gonna stay depressed for a while. Whales still want to accumulate as cheap as they can, which means they'll have to leave the markets to settle for a while. Protip: Whenever you see abnormally massive volume within a short time/price range, it's probably a whale selling to himself in an effort to spook the market into selling as well, which the whale will collect through his own trading, Vice versa when the whale's trying to exit their position.

The picture attached is some simple TA. The white lines are previous levels of resistance, we broke 50c so 40's the next target.

Another protip: trying to predict where the price is headed gets a lot easier when you consider how psychological the market is. people are attracted to nice, round, whole numbers, if there's upward momentum passing 50c, you can guess the next target to be 55, then 60, etc. Whales will try to push the price towards psychological levels to either spook or excite the market. PPC under 45c, or breaking 40 would definitely spook some people.

Assuming I'm correct that there'll be a wave of hype over the flaws in BTC's PoW model (which actually do hamper BTC's 'vision'), peercoin will be right there to take center stage. If i weren't trading I'd just throw my coins on a paper wallet (or stake them on a secure machine) and forget about it until it goes nuts.

also fwiw i originally bought in around 27c, the pain of loss is significantly numbed for me (so long as i'm able to stay in the green, anyway..) once you start making money it really is like a drug.

also lol, as i was typing this the price started going up.

>>596

Here's a shot of where we're at now, the white line was the resistance right before the pump. That dip to 45c concerns me, could be panic, could be whale profits. My guess is we'll bounce between 45c-55c, with spurts of volume in between to freak people out and activate/shakedown the market, though frankly there's not enough info to tell where it's heading near-future. need a few days to tell if whales are gonna go into bull mode again, or another few weeks if we're gonna remain in accumulation.

Chaos theory is something to comprehend here. Definition of chaos:

"When the present determines the future, but the approximate present does not approximately determine the future."

..if you're not trying to trade profitably just throw your coins into cold storage and bide your time.

I'm gonna elaborate on an earlier point I made. Remember when I said whales will try to spook markets by jumping them with huge waves of volume? check these pix babe, these are near perfect specimens.

#1 this is BitBay on bittrex. ignore the fact it's a shitcoin for a millisecond and look at the chart. see those three 10BTC+ spikes on volume? completely fake. the red underline highlights whales building their position for a pump. they bought up, spooked it, then bought up the sells they spooked out.

#2 is PPC/USD on btc-e, same thing. that's almost exactly 35k on that single red stab to 0.45c. these assholes are barely trying to mask their tracks.

if you watch the orderbooks while these fakeouts are happening you can tell they just throw a fat order up and knock it right down, to make that candle show up.

don't bitch at me if you can't buy/sell at the right time. if you do i will enjoy a hearty chuckle and then call you a faggot. it seriously doesn't get any clearer than this. have fun learning.

2nd pic

>>611

*within a five cent range, sudden 35k ppc volume is retarded.

just saw a 20k dump from .0018 to .0017 on ppc/btc pair on btc-e, range is kinda wide and the ppc/btc books are usually thicker so i'm not sure, but looks like a repeat of what i just posted. stay tuned!

wow shit got rekt

i sold enough PPC @ 42c to cover my original investment (bought ~27c). wish i sold more. i royally fucked up not covering my original buy-in cost when it was >70c, i could've made enough money to live on for the rest of the year. i fucking left that money on the table. could've tripled my portfolio… i keep telling myself 'at least i'm not in the red', which is good but that shouldn't be an excuse against making profit. i'm still not sharp enough.

waiting to buy back in, but damn.. someone hates crypto. I'm still long-term bullish on PPC. i'm concerned how thin the orderbooks currently are on btc-e. we could go into the 20's easily, which means we probably will.

for those that're still questioning, just keep an eye on the 24hr daily volume on coinmarketcap.com. PPC usually holds ~$40k, and is #5 globally for volume atm (LTC and XRP are 2nd & 4th, and they're both shitcoins so yeah). I'm not %100 certain but i'd venture a guess that these dumps are whales selling to themselves; there just isn't $100k in small orders on the books. since i'm enjoying the anonymity here i'll go ahead and say whales are instigating a panic situation right now. it'll be the best timespan to buy soon.

feel free to tear into me with any complaints.

>>683

If you bought it, you should be telling me.

These are the parameters I'm working off of (in order of importance):

1. BTC showing overall momentum within the upper hierarchies of finance. NASDAQ is actively using blockchain tech, banks working with blockchains, etc. This puts cryptocurrency in a favorable (bullish) light, without the banks consent cryptocurrency would go nowhere market-wise, or at least it'd have a very, very hard time and wouldn't be likely to make a tangible difference. The fact serious litigation against bitcoin over the past few years hasn't occurred is a good sign, no news is good news.

Now in regards to PPC…

2. Bitcoin's method of keeping blockchain integrity (Proof-of-Work) has a major economic flaw..

http://www.coindesk.com/bitcoin-price-decline-sparks-rare-mining-difficulty-drop/

http://www.bitcoinx.com/bitcoin-average-all-days-logarithmic-chart/ (this chart doesn't really show much but it's good for reference)

PoW dictates that a large, distributed base of machines (ideally the users of the network) compete with each other in order to ensure network decentralization. This is rather wasteful of resources and expensive to maintain. If the price of BTC falls so does network hashrate; if miners can't realize ROI on their equipment they have to shut them down to conserve energy costs (currently the correlation isn't defined in charts since many people seem to think BTC is undervalued, my guess). This means that BTC's security is correlated with its price, no bueno considering central authorities can conjure money at will and are prone to unabashed market manipulation. PoS mitigates this somewhat, it's not a full solution but it does solve the cost of production issue Bitcoin has. In any case I'm betting this gets hyped sooner or later and we see a shift away from PoW modeled coins.

3. PPC dev was the first to successfully implement PoS, and is still active behind the coin. He knows his shit, and is pleasingly quiet while maintaining a presence in the community. I suspect he'll come out with cold-minting and that'll be the signal (excuse) for a price increase (pump), although it could easily be another event that triggers things, this is just more predictable to happen.

4. BTC-e is apparently minting something like 5m PPC (~23% of total coins in circulation):

https://twitter.com/peercoinnews/status/597981802205155328

https://www.peercointalk.org/index.php?topic=3337.0

https://www.peercointalk.org/index.php?topic=3165.0

..so there's your investor interest to inflate the price.

5. PPC has reliably held >$30k daily volume for quite some time, I'm confident the demand is there to keep this coin from crashing and being forgotten like so many others. If LTC can hit $50 because 'hurr durr it's lite' I don't see why PPC can't, especially since it actually is a real advancement over BTC.

i dunno.. ask me a question and i'll see if i can answer it. or shoot holes in my theory and we'll see if i can defend it, i would enjoy that. Given the relentless increase of uncertainty in real-world markets, and the lack of punitive actions against cryptocurrencies (which are practically antimatter to fiat currencies) I'm bullish.

i'd love someone to give me a good reason *not* to buy this. yeah it's heavily manipulated and volatile, but i'm confident i'll be able to offload these at much higher prices when the time is right. in no way do i think ppc will become a permanent force in global finance, i'm trading it like anyone would trade anything.

>>688

using this as a guideline we can guess the price will trend downward for the next month, that's what occurred last time we saw a nasty spike down. i'm not expecting the price to climb upwards, whales may take a bite up but overall the trend is down.

WEW, look at that bounce!

Guessing we'll tamper out ~2000 over the week, get more shaky around September fed meeting, then shit's gonna get wild. Cryptocurrency will follow this trend BECAUSE there are people who want to buy crypto cheap, so markets aren't going to show any excitement, keep that depression around so people sell their crypto as well as their stocks in apprehension. This is the time for strong hands.

FYI i'm mostly using this thread as a personal journal. hope nobody minds.

closer up of that crash n bounce on the S&P open, monday aug 24

bitcoin dipped under 200 and i noticed something interesting

basically, the price got dumped to 190 monday afternoon, then it got pumped it back up above 200. now at 11:30pm eastern time (east coast USA, largest concentration of wealthy people on the planet most likely) it gets dumped down again to 195, with much less volume. Same story with LTC.

what i think happened is whales dumped the price to spook the markets into activity, moved it up above 200, then waited as plebs put up buy orders. after said plebs go to sleep, they chow down on all that available cash up for bid.

gotta understand that market orders fluctuate all the time, they're never at a constant level. gotta shake the markets up to get people placing orders

i'm gonna guess they're gonna let the price sit low come tomorrow morning to instigate more panic selling, then sometime after 10am EST they'll start moving it back up. rinse and repeat.

also ppc buys are pretty thick. i've got my buys set up between 27c and 16c. depending on if 30c holds i'm gonna start moving back in; PPC hasn't blinked while BTC and LTC are getting raped.

wish i could get the whole order book in a screenshot, right now it's about 60k total PPC between .294 and .255. That's just the PPC/USD pair mind you.

>>700

nope, i was wrong, btc got bought up back over 200, higher than it was before it dipped back down. let's see what it does.

also FYI to anyone reading through this thinking i know what i'm talking about, i really don't. you must be able to make your own conclusions to trade, if you take someone else's advice you won't know when to execute the trade when you need to. DO YOUR OWN RESEARCH and STUDY. the market is the closet thing there is to a mythical beast or mystic force in this world. you can't beat it, and you will lose, but if you prepare to lose you'll lose less and win enough. just focus on staying in the green to start.

I'm about 40/60 ppc/fiat right now, 30c has shown to be pretty solid but the chance of things reversing is still there, it depends how bitcoin behaves above 200 (and maybe if the S&P does another slam dunk). if i see btc get punched towards/under 200 again i'm gonna move back into fiat.

now it's about 20k ppc up for bid between .322 and .281, books are 2/3 less thick than they were ~18hrs ago. could get slammed down again.

if you wanna just take a straight crypto-gamble i'd say grab some PPC now, throw it on a cold wallet and come back in december. I'm really hoping SHTF in global markets, banks in '08 almost crumbled, only a matter of time.. could pull some other shit and delay it another 7 years but their time IS limited.. fuckin patience man. it can get frustrating.

20k buy from .014 to .015 today. not a major move, but something to acknowledge, it seems to be legit accumulation to me. the 20k dump afterward i think is a fabrication to mask tracks, i was watching the books and there wasn't that much volume moving into them after that buyup.

i could just be insanely paranoid :)

looks like i was right, we saw some nice steady accumulation going on past few days in PPC, while LTC and BTC continue to get p&d. all the dispersed buying on ppc/usd is reassuring, and the 10k+ buys on ppc/btc are in line with what's usually on the books. don't take my word as truth though.

right now i'm getting the feeling things are gonna be suppressed, bitcoin's been getting some stronger sell pressure than usual atm. the bids on ppc right now are way stronger than the asks, but these books jump around a lot so it's hard to tell what's legit and what's being monitored. we may see some forced manipulation downward, but we are pretty close to the previous bottom so i don't expect the price movements to get super serious. under 30 would be neat.

i'm like 90/10 ppc/usd right now, would have sold off more but i've been away a while, i'm uncomfortable being 90% in but at the same time i'm uncomfortable selling this low, 36c was a good deal but now i'd have to take 33 and meh. in hindsight if i had planned my trades out beforehand and stuck to them, i wouldn't be dancing in and out of the market like this. i'm not doing well as a trader right now, still confident in going long though.

also, Barclay's bank (big bank in england or somewhere) has made an official announcement of Bitcoin integration into their customer accounts. Right now it's only for charities, but they hinted they could be willing to service regular clients if things go well. GREAT news.

http://arstechnica.co.uk/business/2015/09/barclays-to-become-the-first-major-bank-to-accept-bitcoin/

>>715

aye aye capn. be careful not to get caught into the hype though, when accumulating whales want to say in low denominations. doubtful we'll break 40c. if we do that's a bull signal and we'll be entering serious volatility again.

i'm back in 100% ppc. since a few months ago my position is 1.5x… if i had been more disciplined i coulda made it 4x. alas.. here's to living in interesting times :) if we see more volatility i'm going to try harder this time around.

FYI, looking like a new PPC 0.5 update coming out.

https://www.peercointalk.org/index.php?topic=4247.0

>>718

At best? Who knows. Really though, once whales build up momentum they can keep it going as long as they want, it's impossible to say exactly where this will go (beyond my original hypothesis of 'up') but I wouldn't be surprised if we passed $10 or more (NOT counting on that though.) For an example of this compare when BTC passed $1k and LTC almost hit $50 back in 2013, BTC's rise is much more gradual while LTC shot up like a bottle rocket. Once they gnaw through the orders that settled around the current market it's all open for them to slam their own orders straight up.

I'm hoping to sell >$5, but the way real traders do it is to cut their losses quick, and let their winners run. For example I should have dumped a majority of what I had when PPC broke back under 90c, instead I got caught up in the hype, bought/sold on the way up, and because I let myself get caught in the hype I held too much on the way down. Thankfully I got in PPC early ~25c so I still gained, however if I had done my original entry at 50c/60c I'd be sitting at a loss now, BECAUSE i was buying/selling with the market and not PLANNING my trades. By forcing yourself to follow a set plan you can guarantee returns, because you've set targets on where to sell at profit, and where you exit to minimize losses. MANAGE your RISK.

The last time we saw level-but-choppy waters like this on PPC was back in Apr-May, so I'm kinda comfortable saying we're back in an uptrend, I'd want another week or two before being more certain though. 30c may have been the new floor, as opposed to 20c back then. We shall see! I'm feeling pretty good about it atm. Wouldn't expect any serious movements until later on in the year, so we got time to make decisions.

>>719

Comparisons of LTC/BTC bull runs back in Nov 2013

wish i had a wider monitor..

>>724

fug dis bullishness i did not expect, gonna see if i can recoup at 39c (i am bad trader). glad i only sold a bit of my holdings.

lotsa small, regular buys from 39c to 40, we breached 40c once and now are breaching it again, it's clearly bullish. i'm still hesitant to make a call cuz this market is so tiny/illiquid they could slam it down to induce fear if they wanted to make the small monetary sacrifice. we could get back up to 45c, 50c if this continues.

I DUNNO MAN I JUST DON'T KNOW. taking profits though so who cares :) pic related is what i see.

>>725

yyyup, there we go! whoever was buying decided to let the market rest for a while, let it regain its bearings so it'll be ripe for another beating. if I had bought in the hype and not stuck to my plan, i'd have bought at .415c and be sitting at a loss, even though I had sold at .395. but i stuck to my plan, maintained my bottom line and am still profitable, even if i missed out on *potential* profits I STILL MADE PROFIT.

just like the real world corporations that are destroying our freedom, it's all about maintaining that bottom line. the bottom line must never shrink, only grow.

we saw another red stab downward, i dunno after seeing the same volume push up i'm hesitant to say it's pure manipulation but it is definitely an aberration from the norm. definitely not the market mover's target market doing that.

let's see if it settles down to 35c or if 40c holds. wish i had sold above 40.. oh well. right now i'm at a very slight loss (like a few bucks) for having sold a bit at 38. falkjeaoifha

>>727

i mean, once again i could be a raving paranoid so take anything i say with a grain of salt. i have no formal training in trading, although I have chatted with some professional traders (in the flesh at their office, not in some chatroom) and yeah, the industry term for whales is 'institutional investors', who are a mass majority of the money in the market and thus are the ones who move it most when they want to build/exit a position that they believe will return a strong profit in the long-run (potential to be hyped and sold to suckers at much higher prices). that really is the bread & butter of wall st, seriously.

really the genuine market (you and me) is hardly anything, maybe 1/20th of whale's footprints. look at the attached pic, that's the ppc/btc market on btc-e over the past 24 hours, no volume over 1k occurred at that time (and the ppc/btc books are pretty thick with orders). good example of what normality is, and what whales would be able to get if they refrained from making large movements.

so, to answer your question i'm not positive why they wouldn't just let it settle at cheap levels, but my foremost GUESS is that there's growing interest in peercoin and bitcoin. if they let the market settle sure they'd be accumulating cheaper, but so would everyone else buying into the market. they're primary goal here is to be the majority of the market, even if that means buying it up to a higher price, because the longer they left it to settle the more units would dilute into other peoples pockets. Can't be having that now! So, they decided to buy up a little, and wait and see how the market reacts. Almost like buying themselves time, in a way.

I guess, the way to tell is whether the real market (market sans whale movements) is trading flat or trending up, rather than being sold off (usually by miners dumping for profits in the case of cryptocurrency). I attached my own analysis to it but realize it's just a guess. Do your own research and reach your own conclusions, and make your own plan.

generally, professional traders wait until they see truly bullish signals, then jump in and enter/exit pumps within a day or so, depending how much volume/momentum is there. they'd never try to guess what's happening price-wise to a small-game market like this because in the end *there's no way to truly know*. it is at the whims of the institutional investor behind it; you can do all the fundamental analysis you want but in the end if some rich bastard decides he wants to enter/exit, that's it, you're at the mercy of his movements. if you want to get an idea of the kinds of markets normal people trade, check out some forex charts (here's the Euro against the Dollar: https://www.tradingview.com/chart/?symbol=FX:EURUSD)

so really just understand what i'm trying to do is silly, i'm doing this for the learning experience, i'm not really making anything 'trading' this market. if i had only traded within that spike to $1 last month and ignored it since then I'd be in just as much profit, and probably a LOT more since i wouldn't have been obsessing over it so much.

More buying going on, looks like 40c is keeping pretty solid. I'm hesitant to say this is strictly bullish, however i'm confident saying it is accumulation. Also was a 5k buy on the ppc/btc pair, clearing the books from 0.165 to 0.172, that's a pretty hefty spread.

Whoever wants to build up their bags is willing to pay for it, and probably will up to $1. man who knows. they'll drag their feet as long as they can, i'm hoping BTC and altcoins get pumped should another banking panic set in. ya get the most effect by timing it with real world events, imagine, your bank account is dead, where do you put your cash? that bitcoin thing you've been hearing about is going up? FUCK. my hypothesis, anyway.

also lol dat ad

>>742

tomorrow is sunday, US markets open on monday, so monday, although it's ridiculous to narrow it down to a single day. watch the foreign markets to see how they behave tomorrow. but yeah, just about EVERYONE is uncertain what's going to happen. markets HATE uncertainty, if they aren't confident in a bet they'll sell their stocks and sit in a proper asset until things are more clear. everyone pulling out the market = crash, when this started happening in '08 the fed pumped as much near-zero interest loans as they could into the system to keep it alive, at the expense of US credibility, which of course can't last forever.

something that'd be plausible, every american citizen gets a fat check from the government that they have to spend within a year else it expires (stimulate the economy at its most basic level, LOL what a novel idea rite??). they did this in japan (which was doing QE for a while before the US did) and it kinda sorta worked but not really. this system must collapse, the only question is what they can do to prolong it. we may not see an actual 'crisis' until next year. pic attached is my best guess where we're at.

>>744

i'd really like to know that myself, but really the bitcoin markets don't have that much volume in them:

http://coinmarketcap.com/currencies/bitcoin/#markets

a couple million $/day is nothing, NOTHING. AAPL transacts ~150k a minute on the Nasdaq alone, if my calculations are correct that's $7,425,000,000 between 9:30am and 4pm. I mean, bitcoin shouldn't be easily manipulable since it's a hard supply but for a couple whales with tens of millions of capital at their disposal they have no trouble crushing the market (they're probably selling at a profit anyway) for the potential to spook it if they're gonna buy on massive hype and profit even more. i dunno man i'm not really comfortable giving an answer here because i really just don't know. that's my best guess.

I've seen those articles as well and they do bode well for bitcoin but ultimately banks won't be using bitcoin, they'll just usurp the technology and back their fiat-regime with blockchains because it really does help them manage things better. it's not like they WANT to collapse the economy, they do want to manage it as efficiently as they can. but nobody wants to lose their prestigious position in life. Ultimately I don't think bitcoin is going to surpass the banking system, if it ever comes close the gov't will litigate against it any way they can. the BTC market is still small beans though after 7 years of it existing, they may never have to. they really did make themselves too big to fail.

also, the blockchain tech banks are using is similar to BitShares DPoS (delegated proof-of-stake), where a select few people act as arbiters for the network. No mining, just human decisions, fits the banks current setup perfectly. GOOD FUCKING JOB BANKERS, just fuckin fork a github repo and claim all the fuckin glory for yourselves jesus fucking christ.

anyway mandatory disclaimer, i'm a fuckin NEET with no formal education in any of this. make your own decisions!

Also fuck, there we go, PPC dumped to 33 cents. once again i let myself get caught in the hype. If i stuck to my guns on that 38c sale I could've increased profit by %13, but no i just had to cum early, fuck

back at 33c old resistance, in theory that should hold but in reality it's a guy with millions playing with a market that has ~$8k in orders from 33.8c to 29c. who knows what they'll do… here's a theory though: Sep 6th-9th had way more upward volume than what we're seeing right now, so just being statistical wouldn't they have much less success pumping the market without buying rouge orders, versus dumping it now and taking profits? it's more likely they'd have gotten stuck accumulating through doing that. but there could be other factors, say they pump it up, set asks that some other sucker buys which recoups their expenses. this behavior is the same I've seen in other pump n dump coins that have long since died, so i can't say.

DO YOUR OWN RESEARCH. MAKE YOUR OWN CONCLUSIONS. my posting is to help me chronicle my thoughts, not to advise others what to do.

>>748

also just for fun, since i started posting here two months ago all i've accomplished was increasing my position in PPC by ~%21. if I had done everything right that'd be like %400+.

i'm taking it seriously enough, but still not treating it like the job it is

blatantly obvious fake dump, ~31k PPC dumped from .333 to .32 in a MINUTE.

if genuine bids get spooked out, the books will be open enough they can do it again.

some bullish accumulation going on, this is reassuring. looks like the 30-40c range is a go. shit like that 31k dump are something to be intrigued by, not scared.

Also, the other two markets on btc-e LTC and NMC are following the same pattern, probably the same entity moving the markets. LTC has absurd volume and is probably being milked for all its worth, which isn't much. NMC afaik has somewhat dead development, so if you'll notice its regular volume is way less while still receiving ridiculous dump volume, it had 41k NMC dumped from *38c to 31c*, while PPC was from 33.3c to 32c. Total red herring they don't care to accumulate a position in.

well i fucked up again, that 300btc buy wall scared me, thought they were trying to get people to place buy orders over it so it could get dumped again. I didn't think it through, should have assumed they wouldn't want to sell into other peoples hands at all if i'm working off the original assumption that this coin is getting pumped. also considering the price was pretty low to begin with.

guess i'm gonna have to be content with that profit i took. dumped about 10%, the thought that 10% could, *could* be worth so much more makes me want to buy back in but i must refrain, if it falls back to the .35c mark i sold at I may move back in but i need to learn to stick to my guns and not jump in and out like this.

if we see another insane move from 60c -> $1 like we did back in july i'll try to buy in and scalp a 10c spread, but for now i'm just gonna have to take it and wait.

Big differentiation between the btc-e markets, check it out

Here's PPC/BTC pair compared to LTC/BTC pair. You can tell LTC is getting dumped/milked, PPC on the other hand is keeping sturdy at each point it's bought up to.

Such a blatant pattern is notable, what it means is anyones guess though. I'm saying peercoin is still being accumulated, hence the lack of downward pressure/selling. Whoever's a major mover in the LTC markets is plenty content to sell.

Also, another decent coin BitShares is getting bought up quite a bit. Dunno if it's a good buy at the current price though, though I did buy in when it bottomed out at 1500 satoshis ;)

Also here's the NMC/BTC pair, i had to pull the graph back a bit because that 39c -> 31c plunge flattened it out. You'll notice less consistency in price.

>>785

i'm not too concerned about it, looking at the longterm ppc/btc graph a pump occurs every five months. Could be doldrums until December. Right now we're sitting at previous resistance, I can see it settling back under 35c to draw out more bearishness.

Really starting to hate myself for not selling back in july. For whatever reason I'm not grasping this fact that I can sit back in cash until the time's right. If I'm going to watch the market daily there's no reason not to.. and it's a lot safer in case some random shit happens. If I'm gonna be watching it like this I should just be sitting in my cash gains until I think the times right for it to get pumped again. Holding in between is just stupid if I'm gonna spend this much effort constantly analyzing the market.

Would you believe that instinct to grasp onto your valuables is what makes wall street so profitable? Like people latently understand cash isn't a safe hold.. so they put it into something they think is safer, but really isn't since its still denominated in cash-units anyway.

>>786

I have to repeat a point here because I'm still not getting it

>I can sit back in cash until the time's right. If I'm going to watch the market daily there's no reason not to.. and it's a lot safer in case some random shit happens. If I'm gonna be watching it like this I should just be sitting in my cash gains until I think the times right for it to get pumped again. Holding in between is just stupid if I'm gonna spend this much effort constantly analyzing the market.

WHY THE FUCK AM I HOLDING

THERE IS MORE INCENTIVE FOR ME TO SELL

If I'm watching the price daily I can buy low, sell high. I know what the market lows are, I know what an inflated price looks like, I have no excuse not to be continuously profitable at this.

>If I'm gonna be watching it like this I should just be sitting in my cash gains until I think the times right for it to get pumped again.

>If I'm gonna be watching it like this I should just be sitting in my cash gains until I think the times right for it to get pumped again.

>If I'm gonna be watching it like this I should just be sitting in my cash gains until I think the times right for it to get pumped again.

fuck me

just wanted to post this, what with the recent volatility in bitcoin.

Bitcoin's been jumping up a good bit, but PPC has been trading sideways. However, comparing PPC's bids against NMC (a coin i'm pretty sure nobody gives a hoot about) you can tell there's a lot more interest in accumulating PPC.

So while BTC is rising, people want to cash out their other holdings to load up on BTC. People interested in accumulating PPC are taking this opportunity to leave up pretty hefty bids. I'm watching to see if it gets dumped downwards, or if a whale takes some bites up past .00155-165/39-44c, further verifying the current price.

Also, LTC has been rising recently. I still don't care for it, but maybe there's enough hype there for it to continue being relevant enough to get seriously pumped/milked. Whereas a coin like NMC i think is going to get a one off pump then left for dead. LTC/NMC development is pretty shit afaik.

>>797

or maybe i'm succumbing to confirmation-bias, BTC has risen to $260 today and now the USD books between PPC/NMC are about even, although PPC's btc book is somewhat stronger.

watching the orderbooks is flawed anyway, they can pull/place orders at any time. i'm sure there're some bots waiting for any major price movement, still, it's depressing. at least I was right about altcoins staying level while BTC rises, hopefully whoever's working behind altcoins isn't willing to force dump the market.

crossed 300, betting a fomo rocket is gonna go off

>>854

well that was insane. i'm hoping it'll fall back towards 2300, whoever wants to buy up bitcoin in bulk would rather get it cheaper yeah? and we know for a fact they cashed out ~3200, probably better to let the market settle. my guess, anyway.

i did buy back some ppc between 48-45c, if we go down i lose some, if we go up hopefully we see more volatility in alts to make that worth the risk.

still staying mostly in fiat for now.. honestly didn't play that scenario as well as i should've, only made about a hundred bucks, could've been 4x that. jumped in and out too much again, i need to trade less, heh..

yeap, we took another hard dump today. i'm gonna start paying attention about buying back in when we're <300, hopefully can buy in 250 or less.. depending how things look then. If we languish under 280 for a few weeks I'd be willing to bet on some bull pressure building up then, keep an eye on how it behaves if we go that low.

also my trend lines are pretty amateur, and it's difficult to deduce a trend after such a strong bullrun/pump, so don't take those lines to be hard fact. they're just guidelines.

>>867

actually adding a line over the previous highs can help gauge a channel the market's comfortable existing in

anything between the bottom two lines i'd be very interested in buying, but that's just me. market might want to do something else entirely.

noticed something else that's intriguing

look at the trendline drawn against the previous two highs, and compare it to where we're at now

spooky

depending on how wacky BTC-e can get, could be possible to pick up some very cheap btc there. we'll see what actually happens.

quick update where we're at, if we don't hold the top end of this range should expect a hard dump lower.

i would guess whales are still milking bids being placed into bitcoin, i'm expecting more downward movements with quick pumps to keep bids coming in at higher prices. a bounce off 300, then languish ~290, then back down to 250.

if i'm wrong and we push higher i'd want to see the price stay >$330 for a week or more. we haven't been able to stay above the top of this range for more than three days at most.

still staying %100 fiat, probably will be for a while if things go according to plan.

pretty strong push today, most since that dump from 500. i'm waiting to see if it settles around 2120-40.

wasn't expecting that..

we broke the trend on this recent bullrun, the yellow dots are where i initially drew the line, it's held up well till now. i'm expecting it to dump some from here but this buyup has me rethinking where we're at in the long-run.

I've no idea. If it keeps going up I'd think it's been accepted that bitcoin's undervalued. I'm starting to question my paranoia whether this is a pump n dump or not.

I'm watching alts more closely now in case things do take off, if we drop from here I'm more certain about buying in.

I'm gonna go ahead and make a prediction here.

the one thing you guys need to be aware of is the $USD losing its status as global reserve currency.

i'll repeat, global reserve currency. you need to understand what exactly that means. this is a pivotal moment in history.

i am really enjoying this. still waiting to buy in, i made a little flipping ppc but not much. mostly just waiting for the right time to buy. i'm still bearish for now, we may tap 400 but i still think we've got some time to spend in the 300-400 zone. either gonna buy at 330, or at 550.

it's annoying to post hard numbers because it's always tentative. so do your own research and make your own trades.

yeah that's what i get for being emotional, had about %20 of my portfolio tied into ppc ~45c, lowered it to 10% at 41c… totally fucked that up. lost my gains and then some.

goddamn crypto is such a tease.

>>706

>if you wanna just take a straight crypto-gamble i'd say grab some PPC now, throw it on a cold wallet and come back in december.

price was 32c then.. people really do have the bad habit of overcomplicating things. can't believe i bungled this up. trading too much is a problem..

well, back to laying in wait for cheaper prices. gonna be interesting to see where the price settles.

Bitcoin took another dive, waiting to see how cheap it can get. Sticking to my 300 figure, anything around there is attractive to me, same if PPC gets closer to 30c.

Pic is what i'm hoping to see, even if it bumps up I'm still not gonna buy, not unless it holds 450 and takes its time to 500.

>>962

up 15x on vpncoin pump, slowly cashing out of this one. Still gonna hold some, can see this going over .0001 in due time. Can't recommend buying any now.

https://www.youtube.com/watch?v=08-uyfp2iPM

>>745

Also FWIW looks like this situation is playing out, the markets at the start of this year are behaving exactly like they were back in '08. Looks like thing will be depressing from Feb-Mar, then there'll be an attempt to revert to what was 'normal' in April, and then when that obviously fails everything goes to shit fast. Have you got a list of stocks you'd like to own, at prices you want to buy? You should.

We got some time then, I'm expecting bitcoin to get trashed a bit until summer starts, could still be a chance to buy lower towards $300. If it rockets before then I'd be getting really spooked.

fyi each of those candlesticks is about a month, you can play with the graph here: https://finance.yahoo.com/echarts?s=^GSPC

Well if you're interested in bitcoin I know a good bitcoin faucet

http://freebitco.in/?r=1909385

I figured I'd recommend this site to you guys since it's a pretty great faucet imo, you can win up to $200 in bitcoin every hour just by clicking a button (and a short easy captcha but who cares about those), a weekly lottery that you get 2 tickets for free every time you roll (2 tickets every hour for a week is pretty significant) and an easy high/low game that has helped me win thousands of satoshi in a short amount of time.

I can even hook you guys up with an automation script for the hi/lo game as well, just hit F12 (or however you open the elements function in your browser) and just let this run http://pastebin.com/5vxmKiF3

Hopefully this is appreciated, pretty worth it imo.

i'm in about 80% on ppc and other various altcoins at the moment (%20 is btc), seems like another wave is coming.

i'm not big into patterns but looks like a really nice cup n handle formation on ppc. one strong buy up to 49c, market left alone for two weeks for orders to settle and then again back to 49c, we'll see. seems a strong buy opportunity to me @ .41-42c, literally anything could happen with it though, a dump to 35c would be cool too.

>>1055

Even worse, they're irrelevant. The central banks of the world have taken money printing to such an insane degree that the notion taxpayers will ever be able to repay that debt has become impossible to entertain (and you betcha it'll get dragged out as long as possible, until every shred of possible sanity has been rendered obsolete)

A factoid I've heard, you can tax %100 of the citizens (i assume this also includes the %1) by %100 of their income, and the national debt still wouldn't be repaid.

Taxes are necessary within government (which i argue is also necessary to arbitrate disputes), but combine that with the opiate that is printing money on credit and everything slowly dissolves away over time, and we're the substance being dissolved.

Still, I'd rather pay tribute to our quell our monetary overlords insatiable appetite lest they confiscate ALL my wealth and throw me in a cage for disobeying them. What a country!

The next month or so may be the cheapest period we'll have to build a position in cryptocurrency. It's getting pounded lower against the rise of the US markets, which won't last. 2550 CNY/ $380 seems like strong resistance, we'll see.

Fed's gonna meet on March 15-16 and announce whether or not they're gonna raise rates. If they don't, the SPX will probably float around 1950-2000, if they do expect the markets to tank again. I'd guess they'd stall until their next meeting, feels like the excuse of their previous raise can last a little longer, but they could just as easily raise.

If the markets are still up right before the Fed meeting you can get stupid cheap SPY puts that expire the 18th, three days after they meet. That'll be fun to see if I can turn ~30c puts into $3+. It's a long shot but something i'm watching out for.

>>1054

XCR just got pumped to 6500 sats, also my SYS call was accurate though i wasn't holding any when it got pumped.

sold like 50% my XCR bag at 1750 satoshis… and a little more from 4k to 6k. i'm trying to dump now but the orders vanish whenever i do, Poloniex frontrunning confirmed

Seems like a 40-45c is indeed the lower range on ppc, check out these graphs I managed to snatch. First is of recent activity, the second picture is a close up of the 200k "dump" that occured five days ago. Looks like a shakedown to me, weak hands panic sold, and look what happened right after…

So, it took about five days for asks to pile up on the books until the whale was satisfied to devour them all up to 47c. I don't think it'll climb much past 50c today but I've no real idea, we'll see.

>>1054

well fuck, NEU collapsed by half, 380 satoshis currently, sitting at an alltime low. I had thought 600 sats was as low as anyone was willing to sell, guess not, it didn't spend much time at that price so it was premature of me to assume. There's no reference for any lower price and no serious bids on the books (should've been keeping a closer eye on those), could keep going down to 200, 100, who knows… if we pull back to 600-700 i'm gonna sell a chunk of my bag. stay away from it for now. should've expected this from what's essentially a pennystock.

BTS is getting beat down as well, 815 satoshis. previous low was 650-700. I still think it's a decent buy, we've got a week or two to reach a decision on that. at least it has some regular volume, easier to gauge. markets with <$5k in daily volume can get jerked around all over the place.

so goes the world of trading.

The pressure on altcoins is stronger than I thought, most my previous calls are down ~%30 now. Managed to dump some of my NEU at 600 but wasn't aggressive enough, lost a bitcoin on that. I'm still watching it, if it starts to pick back up I might move back in but it'll probably need to spend some time in the doldrums for whales to build the position they want.

Also sold off some of my BTS, the dev has some weird plans for ditching their current blockchain in order to implement it with some kind of reddit knockoff, see here:

https://bitsharestalk.org/index.php/topic,22317.msg290945.html#msg290945

the plan would involve creating a new chain and exchanging the new cryptocurrency for bitshares, which would be abandoned. maybe just FUD to get people to sell, since the supply of BTS is heavily distributed whales have no incentive to move the market up to only get dumped on by tons of little fish. It could keep going lower to 500 satoshis. I sold off about 80% of my position which was already marginal, there are pumps with more potential to sit in. Credibility is antithetical to volatility.

PPC and XPM remain my largest positions, and I'm still holding onto some of the VPN i bought ~200 satoshis. Currently I'm about %50 PPC, %20 XPM, %20 BTC, %10 VPN/XCR. Should be more weighted with BTC but… i guess i'm a sucker.

Overall my trading has been pretty good, VPN and XCR remain my most lucrative trades with %1500 and ~%300 respectively. I missed taking advantage of XPM when a whale took that bite from .0002-.0004, that's a good sign though. I was too hasty on my previous prediction, looks like it'll move to .00015-.00013 where it took off from previously, pic related. I might move some of my PPC into it soon, especially if it gets in that 15-13 range.

I don't think PPC is going to seriously move below 40c, if it does it'll be another fake dump to 35c like we've seen happening. The books have been stuffed pretty thick, there are more bids on ppc/usd than on eth/usd, not that I'm reading too deep into that but it's neat.

Bitcoin's been on a respectable bull run as well, I don't think we're going under 430 anytime soon, if ever. Pic attached, and the picture here >>888 are what I see happening. The way BTC is looking now it's much more resilient to depreciation than it was in 2013; it's gotten popular. Compare the attached 3d graph with >>888 and you'll see a strong difference.

-

Also food for thought, the market meltdown in '08 started two months before the election, in september.. and the SPX haven't been able to break past the 2100 top it established August last year. Things will probably be slow for a while longer but I still think we're due for some serious market turbulence, and I'm still quite apprehensive for bitcoin and cryptocurrencies.

>>1128

missed a pic, compare this 3d (3 day candlesticks) graph with the one I posted earlier >>888

bitcoin currently is about 1.43% the size of Apple if that helps put things in perspective (market capitalization of $7billion compared to $483billion).

Both ppc and btc getting sold off

I'm still holding, managed to sell off some PPC when it retraced to 40c, waiting to move back in, if it moves much under 33c i'll be in the red.

on the brighter side, looks like my crypti call is getting some love: https://poloniex.com/exchange#btc_xcr

up about %250 so far. selling off a little to build a stronger btc position.

urgh.. this suppression on ppc has me fretting. the volume dumped seems more real than fake. although, can't deny the action shown here >>1122

i think it's a purely psychological move meant to force out weak hands, whoevers behind this volume is for sure trading at a loss. I'm waiting to build a stronger position.

tinfoil hat, or preemptive deduction? you decide.

Seems like China bid up BTC a ton, and it took a while for the $ to catch up to it. Pic related is where I think we're at.

My portfolio was stupidly weighted in altcoins, BTC is the first mover, everything else follows. Should have been %50 btc, %25 ppc, %25 other alts. Since I'm weighted more in altcoins my portfolio's down since they've depreciated against bitcoin.

I shaved some of my ppc and xpm to increase my btc holding, although I don't think they're falling much further, ~%10

This bullrun on bitcoin is inspiring though. I bought some more at $550, will do so again if it gets around 500-530.

>>1150

lol

BTC under $600 is a good opportunity to buy. We'll be at 2-3k by the end of the year at least, most likely.

PPC's made a jump as well, pic related.

I can't believe I didn't realize bitcoin would have first-mover advantage. That was pretty obvious. Now that bitcoin's having a little respite from its bull run alts are being bought up. Currently things depend on how long bitcoin keeps hovering around 750 before resuming this bull run, the less likely it seems to break 800 the more uncertainty/profit taking will occur. If btc hovers here/breaks down, alts will be bought up, increasing the likelihood they'll get pumped along with bitcoin when it finally explodes past 800.

Bitcoin exploding past 800 would draw a lot of eyes to crypto-land, which is why I think alts will get lifted as well. Whales/market makers want to sell as high as they possibly can, and that is easiest done when there is the most traffic. As soon as you hear Bitcoin getting a lot of lip service on mainstream media, you'll know the time to sell for profit will be approaching, probably several months after. This things move very slowly, hell I've been waiting for this bitcoin pump since 2013, patience pays.

Also that 8-10 year business cycle or whatever it is causing stock markets to rise/crash every eight or so years. The matched timing on these markets is too uncanny to ignore.

Still, I was too arrogant with my PPC research that I totally missed the obvious fact that Bitcoin would have first-mover advantage. Missed out on ~70% gain over the past month. Disappointed in myself for that.

>>1195

You can still buy some cheaper altcoins if you want crypto exposure. Just look at the $USD market cap history to see how healthy it is.

https://coinmarketcap.com/currencies/vpncoin/

looks like $3m marketcap has been resilient. Good idea behind the coin, high daily volume, likely you can buy at $3m cap and sell at $10m+ in due time.

Honestly though movements of %200+ aren't unique to crypto; they happen all the time in the lower-cap stock markets, and almost all the time via options on leveraged ETF's.

tl;dr git gud, goy.

NEET from earlier in the thread reporting in, might as well post here again.

I've managed to do reasonably well over the course of a few months considering I'm not putting too much time into it, I've managed to make a bit of money and the only major losses I've taken (PPC) I managed to claw back. Whatever I did to make that happen I probably need to do more of.

I'm mainly in BTC at the moment, with a small amount in LTC and LSK while waiting to see what the market does. I had money in BTM as well but sold it off for 10% profit.

>>1197

man that hurt to read. Yeah, I got overly autistic about peercoin. I still think it's one of the safer coins for a set-and-forget type strategy (read: laziness), but yeah, all these coins will fluctuate, hence all of them are profitable in their own ways. Take profits often; just pulled %60 out of BitBay (52 sats to 85), got lazy and have losses on NEU and NSR. Rest are about flat, I didn't take profit on PPC when it blew up from 35c to 52c, wish i had, would've made a few thousand dollars. moonshots don't matter if you never take your money back.

Posting one of my favorite motivation stories, helps keep me committed to this.

BTC getting a smackdown, pic related is what i see.

If you don't have any BTC exposure and want some, now's the time to buy in. Pretty sure we're never going under 450 ever again, 450/630 = %29 downside risk.

I'm gonna buy some more around 580-590, and again if it gets closer to 550.

>>1201

Man bitcoin price is keeping really resilient.. given that i've misjudged my last few guesses on bitcoin dropping, maybe i'm underestimating its strength. Oh well. If you don't have exposure, you should get some. far more upside potential than downside.

i dunno if it's gonna keep going up but there's certainly been upward pressure on the price over past week. hard to time these things.

Huh, my previous post didn't go through, and the image has 'already been posted'… anyway, bitcoin price is being really resilient. Given the fact I underestimated it dipping the past few times… if you've no exposure, get some. Half in now, half held for later in case we do see some kind of correction.

ppc popped again to 51c, trying to offload some, again didn't have sell orders up to take my profits. But, looking at the overall trend, yeah, I'm still content to hold this position long term. All cryptos are going to boom, just find one with a small market cap and believable premise and enjoy the ride.

Compare PPC chart against LTC, which do you think has more potential for an upward explosion? Seems to me there's a lot more interest/appreciation of PPC, at much cheaper prices. The cheaper a whale's able to corner a market, the easier it'll be to pump it. Really, $10m market cap vs $250m, it's easily argued peercoin's more advanced than LTC, most coins use PoS for their network-integrity scheme, seems like an obvious bet to me.

Also, grabbed some more NSR at 90 satoshis. Still holding BAY, XCR, and BTS as my main plays, holding some token amounts of BCN, MINT, and XPM. Wish I had dumped XPM, I mean, it'll probably follow PPC yeah, but prime numbers? Who cares. Not really that interesting.

Good luck. Bitcoin's gonna be a great trade 2016/2017.

>>1206

>>1208

wow what the hell… 8ch bugging out on me.

Just saw coinmarketcap.com offers charts in $USD, super handy. This is probably the site i reference first when looking into altcoins.

Viacoin is looking like a decent bet, marketcap flatlined around $70k, recently exploded to $500k with respectable volume behind it. Missed that initial pump but this is likely just the start. A price around .000013-17/7-10c seems like a good place to go long. It seems like a respectable coin, around since 2014 and I haven't seen much negativity around it, also the developer is a contributor to bitcoin core and remains committed to viacoin, that looks really good. Apparently the max supply is 23m VIA, currently 21.46m in circulation, at a market cap of $300k that's pretty swell. This will likely pop hard. I'm going to look into adding this one to my portfolio, will start averaging in around 2100 sats, 1100 is best price.

>>1210

And another chart of VIA in $USD terms, wish I could've gotten the whole range in a bigger chart, kinda cramped.

>>1212

Strong buy on VIA, 1420 to 2473, wouldn't be surprised to see it continue falling to 950-1250 though since it was just a single stab up, buying pressure doesn't seem to be keeping up. I think a whale just wiped out whatever asks to add onto their position, of course they still want to build up cheap, letting the coin languish for a while will make weak hands place more low asks. I bought some at 1666 a few days ago, probably too soon.

NSR also got a bit of a liftoff from 57 to 71, nothing major but notable. I was way too early buying at 100, added more at 77 and 64.

I've started to enjoy waiting, hopefully this pays off.

lol, my abortion of a thread is still here. my trading has actually gotten better once i stopped trying to chronicle every single thought i had.

worst mistake i made was not keeping %50 of my acct in bitcoin to hedge altcoin volatility, left my portfolio prone to too much risk essentially.

been flipping NSR with good results, and NEU recently jumped nicely, that's about it. Didn't dump XCR in time and sitting with a loss on that I should've easily avoided. I probably place a few trades a month.

still got my ppc stash, pic related is the current setup I plan to utilize. so long as it gains appreciation similar to litecoin (very likely imo), following this chart you cannot lose money. it'll probably take 2 years at most for this to play out. i'm gonna be buying more if it gets <=$0.25.

>>1282

Buying more ppc around 22-24c, avg cost per ppc is about 33c. stings, but i'll bear it, I'll probably sell some around 55c and try to double up around 30-40, will have to wait and see if i can pull that off.

Bitcoin around 650-680 is attractive. Just got dumped to $670 today from 700+. Under 680, weak hands get scared and throw up more asks, whales build a stronger position cheaper. Pic related is what I think will play out, at worst could see a power dump to/under 630 but i doubt it'd stay there long, much like the dump we saw to 470 a while ago which only lasted for two minutes (despite how it looks on the chart, i was watching the market then, definitely only stayed at 470 for all of two fucking minutes, so.. pretty silly). from 680, at worst 590, ~%15 downside, not terrible.

Plan to dump %50 my bitcoin around 2400-2700, my guess is q2-q4 next year at the latest, holding the other half for any SHTF scenarios we may see in the dominant bond/equity markets, hopefully can sell for >$5k but yeah that's hoping for some kind of 2008 crisis occuring again. Which is probable, ZIRP/QE ain't accomplishing shit and we're gonna need a huge load of inflation to pay that debt off.

Good luck out there faggots.

here's TA on bitcoin for the next few weeks

I think we'll touch 680 again, if it breaks 670 could easily get to 655. Might see a grab to 730, gotta get over 750 for FOMO buying to kick in, but I think we'll sit in this range a while so bid/asks can re-acclimate after such volatility. Highly unlikely to break 570. 680 is a safe entry.

kind of a critical moment for coins, bitcoins either going to 808+ or we're getting some bullshit dump, have some bids <737 in case it does.

also note how altcoins react. bitcoin up and altcoins up is a very good sign. i'm bullish bitcoin right now, if alts continue to dump as bitcoin rises they'll be left to settle for a while. stay %50 in bitcoin.

bitbay has been noticeably resilient during btc's relentless appreciation, have some bids between 120-82.

also, absolutely rookie mistake, i haven't been using stop-losses, if i had i'd be in a lot less pain right now. i really wish i could go back ten months and beat myself for not doing so. absolutely stupid mistake to make. use a stop-loss.

nocoiners will never have justification. bitcoin is the shit.

OP looking pretty clever right now, I'm still sticking to my 2400-2700 sell target.

peercoin price has been moving in sync with bitcoin since it crossed 900, good sign. 22-25c is cheap. now is when you'd want to start building a position in altcoins.

pic related is worst i see, if it dumps i doubt it'd go lower than $818. if it dumps. not really sure what it's going to do tbh, i still recommend buying peercoin for the value.

I'll probably take a little profit on ppc around 52c, mostly planning on selling %20 at $1, $2-3, $5-7, then holding the last %40 for whatever scenario.

i should've taken my working capital back out in august when ppc hit 52c, that way any ppc leftover would've been free, thus inconsequential of price movement. excellent rule to adhere to, when managing risk & profits.

>>1329

Pretty sure things are going to take off soon, bitcoins quick recovery's after getting dumped is exciting, asks being taken again and again, seems to be in enough demand.

ppc at 30c, hoping to lock in some profit >50c before summer, planning on selling most for $1+ later this year.

Fed is intent to 'normalize' our interest-rate driven economy, while JCB and ECB continue to rely on trashing their currencies to keep their economies from imploding from debt-obligations. Fed is purposefully tightening supply of dollars, this will cause the eurodollar market to freak out, and we'll have some kind of super-volatile event where the Fed gets to call the shots or else everyone dies. China will probably be blamed for it.

fiscal spending will flood the system with money and neutralize banks spending (plus they get to keep the stuff they bought). get ready for a volatile 2017!

PPC is getting shaken out pretty hard w/ bitcoin. And bitcoin might be lame until June, if/when Fed tries to raise rates/tighten dollar availability. if btc can hold 1750 i'll start feeling bullish on it again.

Under $1.5 would be nice price for PPC, anything between $0.80 and $1.2 is a definite buy, so long as things keep running smoothly.

Also, this was incredible:

macromarketmusings.blogspot.com/2017/05/dollar-domination-robot-monetary.html

SEVENTY PERCENT of GLOBAL GDP rests on the dollar.

Fed is literally managing %70 of the global economy.

Mission accomplished. And as they raise, the world will fall into line with global reformations. Gov'ts will have no choice but to pass bank-friendly laws or their economies will evaporate.

Really glad I studied this before going to college :)

>>1559

Jumped back over $2.. late bloomer compared to other coins. ETH about %2000 up from its low. BTS about %3300. PPC moved about %1260.

under $1.2 was indeed a definite buy. Gonna enjoy riding this through 2017/2018. All my shitposting in this thread is the difference between being early and being wrong.

And yeah to anyone shitting out hot stock trading advice, if you don't pay attention to the price you pay for something you're a sucker, plain and simple. Price & technical analysis is all you need, with a macro framework for knowing which assets to use long-term.

Good luck out there faggots. I'm buying my ass some real estate.. soon anyway. If the Fed tightens the dollar further this 13/14th that'll set in motion for a slow collapse of the international economy (%70 of which is dependent on dollars and living on ZIRP financing). If they do raise it should get volatile later this year, which will be when I'm dumping my coins and buying everything else cheap.

FUCK YOU WORLD, I WON.

>>1615

good timing faggot

>>1585

Fed continues to demand more for $, while every other currency requires zirp to continue operating. Yellen's calling the shots for the global economy.

respect power for what it is, i guess.

Easy 20% returns per day, just join the /biz/ pump group:

<link removed>

So don't miss that info !!!

KuCoin market, so feel free to register there, while registration is still possible :)

<link removed>

Thx :) :) :) :)

>3 years later

Bitcoin = 12000USD

I don't see it can go any lower, well that wasn't that bad I think. I see bit coin is a medium of exchange but not a store value.

what do you think?

>>2626

Shes at $11,600 USD right now, going up.

I hope nobody sold, top Kek.

ppcfag here, bitcoin's looking pretty healthy despite that crazy shakedown to 6k. long term trend from april last year (starting around $1k USD) seems to have held. there's no real news for it to have crashed so hard. i think the market's slowly gonna get soaked up back to $20k throughout the first half of the year, then new highs afterward. god bless the controlled supply and massive demand.

currently up about %1200 on my position, ready to cash out if bitcoin turns under 7k again. as always keep your risk measured.

1d graph