The Litepresence Report on Cryptocurrency

[BUTSRSLY]

TOOK PROFITS AT 215; BUYING TUNGSTEN

 

[muh_roads]

Can't tell if this mini-pump is done or not. Red candles trying to pull it back down.

 

[presence]

 

[FSP-Rebel]

Jumped over $255, wonder if we're done here for the day.

 

[presence]

Jumped over $255, wonder if we're done here for the day.

If I had to close my laptop for a month... I'd buy crypto and sleep tight.

My expectation is this road ends at $375

 

[PaulConventionWV]

Can't tell if this mini-pump is done or not. Red candles trying to pull it back down.

Try not to be so swayed by the candles. The trend is clearly up. It goes parabolic when you expect a pullback, so don't expect one.

 

[muh_roads]

I wonder if this is anticipation of news? Insiders. Watch carefully for what gets announced tomorrow. Coinbase news pumped before release I believe. This will either materialize into something or not soon...

Big rumor that Google is mimicking Microsoft & integrating Bitcoin into their mobile apps. Google Wallet not mentioned but very possible. It would make sense if Google is trying to get the upper-hand on Apple Pay.

If this turns out to be true, insiders buying beforehand definitely exists. When Baidu (The "Google" of China) integrated Bitcoin for that short period, it was good.

 

[muh_roads]

Man, fuck the whales that made those red dumpy candles. Almost got to $270 there. Wiped out all the awesome gains of the last 2 days. Did anyone get out $250-$270?

pres, did honey badger go all in? It made some wild swings there near the end that could've made that possible I think.

 

[PaulConventionWV]

Man, fuck the whales that made those red dumpy candles. Almost got to $270 there. Wiped out all the awesome gains of the last 2 days. Did anyone get out $250-$270?

pres, did honey badger go all in? It made some wild swings there near the end that could've made that possible I think.

Yeah, that's not good news. The trend didn't hold up.

I got out at break even because I was sleeping when it started to crash. Could've had some decent gains if I had gotten out earlier. *sigh*

 

[amonasro]

Lots of traders sold on the bter hack news, but honestly it was a shitcoin exchange. I think the market could use this as an opportunity to clear out even more selling. I think we bounce or consolidate here. Secondary test of $240 on the 15m looks weak anyway.

 

[PaulConventionWV]

Lots of traders sold on the bter hack news, but honestly it was a shitcoin exchange. I think the market could use this as an opportunity to clear out even more selling. I think we bounce or consolidate here. Secondary test of $240 on the 15m looks weak anyway.

Yeah, I sold at $247 and got back in at $242 when we retested the $240 breakout zone. May be more downside to come, but I would rather gain something than nothing from this.

 

[amonasro]

Yeah, I sold at $247 and got back in at $242 when we retested the $240 breakout zone. May be more downside to come, but I would rather gain something than nothing from this.

Nice. I try to catch the bigger moves; long still open at $230.

 

[muh_roads]

Nice. I try to catch the bigger moves; long still open at $230.

Might want to adjust to 220.

 

[PaulConventionWV]

Nice. I try to catch the bigger moves; long still open at $230.

Ugh. I got out before it started crashing again, but this is so frustrating. I waited for days for this breakout and something just had to mess it up.

 

[muh_roads]

This may be the end of BTER. I heard all they had to their name was 7 cold storage wallets each with 1000 in them. So it's possible they have been entirely cleaned out.

Smells like inside job.

 

[muh_roads]

Ugh. I got out before it started crashing again, but this is so frustrating. I waited for days for this breakout and something just had to mess it up.

My coin total is just getting knicked away at moving in and out like this. At least I'm less afraid of loss selling now. Just gotta keep with the trends I guess and hope for the best.

I think what you're feeling right now is exactly how I was feeling missing out on the majority of that awesomeness from 160-300 last time.

BTER is located in China right? They are already reeling from that last one. I forget the name. This won't be good in terms of media over the coming days.

 

[PaulConventionWV]

My coin total is just getting knicked away at moving in and out like this. At least I'm less afraid of loss selling now. Just gotta keep with the trends I guess and hope for the best.

I think what you're feeling right now is exactly how I was feeling missing out on the majority of that awesomeness from 160-300 last time.

BTER is located in China right? They are already reeling from that last one. I forget the name. This won't be good in terms of media over the coming days.

Yeah, I think they are.

The reason I'm frustrated is because bitcoin only makes big moves once or twice a month, and when you catch one and it goes bust on you, you have to wait until the next one and it's a big deal because now you don't know if you're waiting for it to go up again or down. To be honest, I'd rather it go down this time so that my money buys more coins.

Oh, well. I guess it could be worse.

 

[muh_roads]

Yeah, I think they are.

The reason I'm frustrated is because bitcoin only makes big moves once or twice a month, and when you catch one and it goes bust on you, it's a big deal because now you don't know if you're waiting for it to go up again or down. To be honest, I'd rather it go down this time so that my money buys more coins.

I'm with you on that one. More coins. Getting tired of missing good opportunity. That would've been a great 2 days of profit had I got out last night.

Apparently 4xForecaster posted a warning 17 hours ago. I should've listened. I haven't checked him out lately because he covers so many different markets and hasn't posted much on BTC lately.

 

[PaulConventionWV]

I'm with you on that one. More coins. Getting tired of missing good opportunity. That would've been a great 2 days of profit had I got out last night.

Apparently 4xForecaster posted a warning 17 hours ago. I should've listened. I haven't checked him out lately because he covers so many different markets and hasn't posted much on BTC lately.

I saw his post. It wasn't necessarily a warning as much as a question. He was skeptical, and he was right to be skeptical. What's more interesting, though is that some of his charts point toward a lower low in the future before the real recovery. Others have said so as well. I was already thinking that might be the case, but not until after another bull run. We'll see what happens from here.

 

[muh_roads]

ok, yeah, ppl are bailing hard. MACD's look horrible. 1H could turn around for a scalp but 4H looks barf-tastic. I think people anticipate China to complain a lot about BTER. Media over the next few days will be interesting.