Usually when all of you get scared and write doom posts, the price magically rebounds. Same as when most people say "we're breaking xxx this week" it never happens
We never did test the $32 to $45 range. Maybe it's time we did.
That'll never happen, we're seeing plenty of buying action right now and it'll only skyrocket as and if the price seeps any lower. The panic selling is just about over and the bulls' fiat is picking off whatever coins they can and a market switcharoo is a coming.
You're right. The slide from 270s was fast, similar to the slide from last week and we can clearly see a temporary bottom forming. It will again repeat the rebound from last week before going hard up or down again.
He's coming...
Sorry, but he got distracted. There are more important things in life
This is the best pump since Coinbase in January. I hope it won't end like that one.
What? No bear pictures? Am I in the right thread?
What a nice bear trap that was
How are you feeling? Dumped much?
Not sure why a redundant and markedly less adopted coin like LTC would be a factor in the above analysis.
You're not the only one. I know altcoins tend to follow Bitcoin and mimic its movements, but Sitarow tries to predict its price from the other side, by looking at the altcoins
It's likely that some traders are moving money between the coins and investing in the ones that are pumping, but I don't think the number of such traders is large enough to dictate price.
we are bouncing to 270 dollars again , here we go, fasten your seatbelts..
It's about time. Wtf was that dump anyway? Price was slowly growing for 2 weeks and then suddenly crashed out of the blue in 12 hours back to where it started. I smell a manipulation...
