Official Cryptocurrency Trading Thread

[pheoxs]

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In other news ponziscamcoin Bitconnect closed their doors..

https://coinmarketcap.com/currencies/bitconnect/

Always hated this shit and pissed me off how so many people were buying it, glad it's done for.. Can't believe people still buying this..

Makes perfect sense though. Majority of people wanting to buy in after hearing about bitcoin on the news don't have a clue so when they see a 'give us your money and you'll get X return' they probably imagine it similar to a mutual fund and hand over their coins. Honestly surprised there isn't more scams out there. The amount of darknet markets churning and exit scamming is rising as well.

[Xtrema]

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I dont understand this, how is buying crypto different than buying other shit with your credit card.

Because it is a form of gambling. Same reason you can't swipe CC at VLTs.

Given with so many scam exchanges out there and the potential chargeback when cardholder loses, it make sense for CCs to be not involved in this game.

[SilverRex]

so far the bounce in crypto isnt very impressive. so I am still leaning towards we will see another low
edit: still looking corrective however btc needs to break and hold above 10500 in an impulsive fashion to change the outlook

[SilverRex]

Ripple/Stellar is killing it, out performing all other cryptos by a big margin.

[tha_bandit]

anyone with a quadriga account that can do up a voucher for me? PM me

[Brent.ff]

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Ripple/Stellar is killing it, out performing all other cryptos by a big margin.

Missed my stellar order by 0.0000003 ETH. Dang

[Kobe]

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Ripple/Stellar is killing it, out performing all other cryptos by a big margin.

Must of missed tron up 65%


So absurd with the markets.. going to be a lot of 100%+ roi's tomorrow morning for the 24hr periods..

[SilverRex]

text book 3 waves up. So long It does not break below 1.08 and can give us a higher high then it is looking good that for the short term the bottom is in. even if there is a lower low, it will need to push higher to generate a larger reversal pattern.

[Chandler_Racing]

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Must of missed tron up 65%


So absurd with the markets.. going to be a lot of 100%+ roi's tomorrow morning for the 24hr periods..

TRX had a good run but it was also being manipulated downward by FUD, panic selling and major players so more room to move up. I hold a significant position so the rebound was nice.

I share Silver’s view in that the bounce off this morning was a little softer than expected for BTC.

Likely, we will test 10,500~CAD support levels but the way alts took off people seem to think the correction is over.

I had several large BTC buy orders that didn’t get filled as I was expecting lower lows so maybe that is just my bias.

[SilverRex]

Ripple recovered nearly 90% in less than a day. impressive. this is the volatility one expects

so far we have inverted head and shoulder pattern across most crypto, btc, ltc, eth and a neckline breakout. which means we have over 60% chance much higher prices will follow

[CompletelyNumb]

Waiting for the "back to the moon!" ripple posts on reddit now. I hold a decent amount of ripple so i'm happy to see it bounce back.

[Asian_defender]

Binance isn't taking new registrations right now. Any suggestions for a good exchange for tron?
Liqui and bit-z seem to be kinda shady according to reddit

[pheoxs]

I think we’re hitting the end of the bull trap and tomorrow is going to be another big drop

[SilverRex]

based on the ih&s breakout, Ripple should be able to get to 2.118.and BTC.14253 previous triangle swing highs. I will attempt to plan a small profit taking zone here. as I see that being the strong barrier if cypto.has truely reversed or a much larger correction is at play. Either way I dont expect price to be able to punch thru this on first contact

[SilverRex]

Dont think there is enough love for crypto currency until everyone on the street loves it. So a major top is less likely in until such sentiment occurs.

https://www.youtube.com/watch?time_c...&v=aeMv9uKpAZg

This video sort captures the current sentiment

Here is one if you want a good laugh

https://www.youtube.com/watch?time_c...&v=dyA9-jJhlCo

[SilverRex]

BTC

this is my prefer scenario. complete the ih&s breakout traget.and hit just slightly above 14k. This is what I like to call convergence.zone. an area where both bulls and bears expect in their own count. then the real signal comes after, another 5 wave down or a 1-2, 1-2 setup follow by a breakout beyond the previous consolidation triangle.

this should mirror most major crypto.currency. I will be planning to take some position off the table and reload

[SilverRex]

USD vs BTC

those who know me understands I love a good comparo. This is when the US dollar had a significant reversal and rising out of a bottom in 2012. so far it is following a very similar script after breaking out from an ih&s pattern. While no charting can ever give you 100% prediction, it does offer us some guide and always do your own DD. If the behavior of the action changes between the two charts, you will know something else is at play. until then I have to say there is a higher possibility that BTC may have already bottomed. It may have to take BTC down under 10687 for me to keep the bearish (one more wave under 9k) count alive.

[SilverRex]

Gov of Canada using Ethereum ?

https://nrc-cnrc.explorecatena.com/en


time to add to my hive position I suppose

[RedDawn]

Tether continues to flood crypto markets with their play money. Printed more money than the Fed has in 2018. Funnily, their fake support for the markets are having less and less of an affect on upward movements. Go Bitcoin!

[taemo]

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USD vs BTC

those who know me understands I love a good comparo. This is when the US dollar had a significant reversal and rising out of a bottom in 2012. so far it is following a very similar script after breaking out from an ih&s pattern. While no charting can ever give you 100% prediction, it does offer us some guide and always do your own DD. If the behavior of the action changes between the two charts, you will know something else is at play. until then I have to say there is a higher possibility that BTC may have already bottomed. It may have to take BTC down under 10687 for me to keep the bearish (one more wave under 9k) count alive.

interesting chart, keep us posted over the next little while.

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Gov of Canada using Ethereum ?

https://nrc-cnrc.explorecatena.com/en

time to add to my hive position I suppose

was reading about this over the weekend, decided to put some beer money on Hive.