You're right, got you confused, sorry.
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No chance to buy back LTC cheaper tonight before bed, basically same price as sold for. No value there so wait to see how morning looks. Nice to see its holding $38-9 though.
I bought huge from China a little while ago. Note the date and time --->> glimpse into the future, right?
What kind of sick fuck buys from a Chinese exchange? The spread vs US exchanges was YUGE.
I posted I bought at $2300 earlier today so I have a cushion.
But I won't lie, I am sweating. I am not even trusting it'll clear the confirmations
Here's hopin :)
No chance at LTC buy in tonight so picked up 50+ ETH to play with, this thing is stagnant or may make a good move up overnight, we'll see.
It was nice to awake to this! And now a good question, is ETH back back like will this be a rocket up XXX or will there be the usual profit taking today....let it ride?
2
Ethereum
$27,110,840,628
$291.97
92,855,203 ETH
$2,200,400,000
+15.90% (now 30%)
and my LTC prediction of a nice lil Asian pump at overnight...
4
Litecoin
$2,118,371,046
$40.94
51,747,732 LTC
$524,308,000
+7.61%
Since posting this ETH up another 15 points...now Ive seen this before, profit taking generally happens in the coming 3-4 hours however this situation is unique so Ill be a holder or seller by lunch, we'll see :)
Hat tip to Sanlmar because I wasn't even considering ETH again, your voice in my head made me 30 points since lastnight! and rollin....
Ok dumped it all over $300 per ETH a tidy 33% profit overnight :)
Now to wait for my next play ;) looks like some profit taking happening as each coin dropping 1-4% now across the board for top 5.
Sitting on the cash and waiting for a drop falalalala lalala falalalala
I don't really have big balls Tellafriend. It isn't an all or nothing bet.
Using Mobi I had access to Chinese exchanges and had an edge in price over US so I took that. I am only looking to scalp something and gtfo.
I also want to have Bitcoin so I have the bullets to buy ETH or LTC if a plus plus setup presents itself near term.
The only bad thing is tying up funds that can be working elsewhere like Carribean Stud or Red Dog.
We will see.
Jumped back into ETH a few hours ago @ 309, I got a feeling the Asians may pump this huge tonight, hard to believe after the great day it had but... we shall see :)
+2330 now
So when I see price spikes in ETH between 8pm and 6am my time I am wrong? That is 8am and 6pm their time. So for me it is overnight that is what I refer to. Normal business hours for them :)
I also know this is happening because usually leading up to lunch hour for me (midnight for them/Asians) they dump and take a profit if there.
I don't know which coast your on.
I was grading last night and had market depth for all the coins up. I am telling you it was dead. Positively flatlined for periods.
I have noticed this several nights recently.
The spreads are huge as is the case in thin dead markets. Someone might reach across and spike it in one direction or another and spike it but that's noise.
I saw litecoin at 39. I felt no fear. Forming a double bottom leading into a W pattern hopefully. I bought some but not much. Any sign of interest and the sellers moved their limit up. Cat and mouse.
This shit is going to nap it out for a while. Maybe a long while.
East coast.
Yes in a lul the last few days. I jumped into eth then out now in, hoping to see another nice 15-30% spike one morning when I arise. When I look at top 5 it alone stands the best chance to, BTC wont jump $500-750+ overnight, nor LTC jump 5-10 bucks, Ripple maybe as it has seen .25-.32 over the last few weeks.
Just betting on most likely to give best ROI atm not particularly the most stable. Risk Reward
I like Kraken when buying, selling is so-so have to do it at just the right time and the average price is closer to kraken exchange pricing. For example, in a short period during the early morning hours my time I can see ETH jump $10-$15 and jump on that (assuming up trend occurring). Then all day back to under. So if timing is right and trend looks up I can pop off $500-$1000.
Looks like Bitcoin just got the kiss of death. Front page of Barron's magazine. They trashed FaceBook on the front page when the stock was $23/share, saying it was going to $15. It went to $150. Now they are hyping up Bitcoin. Be careful folks.
When I was a fledgling financial market researcher, I did a pilot study of how the stocks of companies mentioned on the cover of Barron's performed over the following year grouped by whether one could easily classify the mention on the cover as good, neutral, or bad news. Over a five year period of data, each group had roughly the same number of companies. Guess which group performed worst?
add barrons to cnbc having it on their front page a month or so back...man if that aint the fucking death blow I don't know what is...
Mining transaction fees collapsed to as low as 25 cents. Hope it stays that way.
I can actually test this if you like. However, I do want to note that frequently at around 1 PM Beijing time(official lunch time in HK) trading noticeably dips every day. Around 3 hours before you'll typically notice some very massive dumps or pumps. The majority of the large swings I've seen usually occur around this time and typically account for a significant portion of the 24 hour volume. This is purely observational though. Like I said though, I do have the data to test if necessary.