Are you even sane? I trade off chart patterns all day...where do you get this idea? It's like talking to a damn brick wall with you! :lol: Where's your prediction oracle?
I've already predicted the current crash, and the previous crash!!! I'm not predicting OR INVESTING until I have another chart pattern.
Hahaha wow...so support and resistance levels on the way down mean nothing? Guess what, I predict it will crash next Sunday our time too!
Once again, I have already exited all the BTC I ever will at a huge profit. My goal is to trade BTC into more BTC now, I don't care if BTC is $1, or $1000 - as long as I have more BTC than I did the week before. Not that facts concern you at all, but if you review my posts you'll see I called (and sold) at the top of the April spike - and I said a few weeks ago I'd exit all the BTC I planned to at $1000, which I have done. I guess you can call this your exit notice?
51% attacks on LTC? That would take A LOT of hashing power. At present, about 29,000 MH/s. To give you an idea of how much power that actually is, top range video cards (remember, FPGAs and ASICs aren't available for the scrypt algorithm yet) will do around the 800-900 KH/s mark. So you'd need in excess of 30,000 video cards at your disposal to do that kind of attack.
Have you seen the claims of FPGA on scrypt lately? No idea if its a true but a few of the hardcore miners claim they are running them.
I haven't seen them, but it wouldn't surprise me. First to FPGA or ASIC scrypt could make a bucketload of cash if current prices stick around. http://bitcoinwisdom.com/litecoin/difficulty Noticed the network has piled on an extra 20,000 MH/s in the month of November alone. That could be your FPGAs, or could be the price rise (or combo of both)
IMO It's because exchanges are open 24/7, but banks are not open weekends. So for a two day period there is no deposits being processed. I've made over 10 BTC in the past few weeks just from selling Thursday / Friday then buying back on Sunday.
This my strategy too. My trades in and out of LTC which has worked for me. I have a little LTC at the moment, that I work the ratios with. I am becoming more acquainted with the volatility..although I do get the jitters and almost made a huge panic trade yesterday that would have set me back. Volatility is to be expected after all.
Well, I've been on the sidelines for a week, waiting for the drop and pumping my trading accounts with money. Still hasn't dropped far enough, though. I'd like to see BTC at $300 in a week or two. I don't think it will go that low, however. I'm going to say it bounces around $500 in 1-2 weeks.
SS, clicking thanks to Monkey was just an easy way of saying "is this guy for real?". I see now that you are in fact for real. Nothing wrong with that. Happy trading, I'm just not much of a trader. My only prediction I feel like making is that this chart will keep trending up overall. http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zl I hope it shows to you that what seems big to some people today, is not that big to others.
No worries beeteecee... I've become accustomed to bulls getting a bit temperamental when I make a bearish call Good luck with your investment.
No worries bud. And I do have bearish moments for sure. Any time I try capitalizing on these things though, it never works out in the long run. I get the same messed up rush as I get from gambling and I don't enjoy it any more. You guys deserves every bit of profit you make.
How comfortable is everyone with the 'predictable' weekend regular fall? It'd be very cool to work out best ways to approach it, strategy wise. I know several people who just sell up on Friday night and come back on Monday and buy lower lol!
lock in for a better price. this got to stop, its just keep going going and goin...far too long. just show the crystal ball will yeh who is buying more silver next year? 2014
