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You guys should look at the GTC Game coin chart for the LOL's. I don't dabble in chit coins at the moment and never got big into it...but that is the largest back to back pump and dump I think I've ever witnessed
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[QUOTE=mrc19888;1561853001]can someone explain to me what dictates price of a coin? Ill see a buy order for 300 ETH get put through and the price move $0.05. Ill see an immediate following order for 0.00512 or some chit ETH and the price will drop $1.50[/QUOTE]
price is just the last price at which a coin has been sold/bought.
There's always buy orders (bids) at or below the current (last) price, and there's also always sell orders (asks) at or above the current price. There's something called spread, which is the difference between the highest buy order and the lowest sell orders, for a lot of heavily traded pairs this is close to 0%, but on some lower liquidity exchanges/pairs this can be significant.
So let's say the last person who bought eth paid 250$, now above it there's somebody selling 100 eth for 250.1$ - if you buy 50eth you won't move the price significantly - now on the other hand, if below the current price there's only people willing to bid (buy orders) 240$ for it, then by selling even just 0.001 to one of those guys, you've lowered the price to 240$.
Now if you look at it long term and zoom out a bit this means that as long as there's more people (with more total capital) buying than there are sellers, price moves up
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[QUOTE=Hamzzza;1561878711]price is just the last price at which a coin has been sold/bought.
There's always buy orders (bids) at or below the current (last) price, and there's also always sell orders (asks) at or above the current price. There's something called spread, which is the difference between the highest buy order and the lowest sell orders, for a lot of heavily traded pairs this is close to 0%, but on some lower liquidity exchanges/pairs this can be significant.
So let's say the last person who bought eth paid 250$, now above it there's somebody selling 100 eth for 250.1$ - if you buy 50eth you won't move the price significantly - now on the other hand, if below the current price there's only people willing to bid (buy orders) 240$ for it, then by selling even just 0.001 to one of those guys, you've lowered the price to 240$.
Now if you look at it long term and zoom out a bit this means that as long as there's more people (with more total capital) buying than there are sellers, price moves up[/QUOTE]
Gotta spread some love around before raping you. Perfect explanation thanks
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When dip? If this is it I'm going to be left here on earth
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[QUOTE=gixxer0.6g;1561886321]When dip? If this is it I'm going to be left here on earth[/QUOTE]
Its dipped like 3% since yesterday at midnight? You looking for like 10? Not today boyo (I hope, lol)
Also summary past 3 days... tight falling wedge turned into a breakout up... next day tight falling wedge turned into breakout up... yesterday tight rising wedge breakout up. Gotta love crypto makes absolutely no sense. I wouldnt be surprised to see a falling since midnight turn into a massive red dildo.
I imagine something soon will happen this day has turned into nothing happening and it's barely mid day.
Edit: welp this is getting interesting.
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big pump on binance scehduled in 10 minutes on a random coin, if you have sell orders, remove them or place them really high
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[QUOTE=mrc19888;1561886541]Its dipped like 3% since yesterday at midnight? You looking for like 10? Not today boyo (I hope, lol)
Also summary past 3 days... tight falling wedge turned into a breakout up... next day tight falling wedge turned into breakout up... yesterday tight rising wedge breakout up. Gotta love crypto makes absolutely no sense. I wouldnt be surprised to see a falling since midnight turn into a massive red dildo.
I was watching it as a rising channel it's been in all month. Broke up and has a move to about 7k.
I imagine something soon will happen this day has turned into nothing happening and it's barely mid day.
Edit: welp this is getting interesting.[/QUOTE]
I was watching it as a rising channel it's been in all month. Broke up and has a move to about 7k.
'm looking for about 6550 to 6600 for a retest of breakout to enter a long.
[QUOTE=lordpatrick;1561891261]big pump on binance scehduled in 10 minutes on a random coin, if you have sell orders, remove them or place them really high[/QUOTE]
Must have been NAV. Where did you get this information
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[QUOTE=gixxer0.6g;1561892641]I was watching it as a rising channel it's been in all month. Broke up and has a move to about 7k.
'm looking for about 6550 to 6600 for a retest of breakout to enter a long.
Must have been NAV. Where did you get this information[/QUOTE]
I'm seeing almost the same pattern play out again today. I don't like making predictions because every ass hat that does always is like "SEE I TOLD YOU SO" and seems to forget the 99/100 times they were wrong... that being said I'm seeing the same falling wedge playing out on the hourly. Would be interesting if we got another pump tonight that tested yesterdays highs. There seems to be all kinds of buy orders that hit every time there's been a significant bounce down today.
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[QUOTE=lordpatrick;1561891261]big pump on binance scehduled in 10 minutes on a random coin, if you have sell orders, remove them or place them really high[/QUOTE]
Reported to the authorities
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where are you 11k bitcoin golden bull run of piss
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[QUOTE=gixxer0.6g;1561892641]I was watching it as a rising channel it's been in all month. Broke up and has a move to about 7k.
'm looking for about 6550 to 6600 for a retest of breakout to enter a long.
[/QUOTE]
Finex dipped to 6500 8hrs ago. None of the other exchanges showed this dip - Not even bitmex.
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[QUOTE=Trapstar4.4;1561909531]Reported to the authorities[/QUOTE]
Your authorities can't touch me, I'm hiding in China !!!
Oh and Gixer, it's the largest p%d group that announced it, I saw it on ********
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Things lookin juicy. Time to pump.
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anyone else notice the exact same fractal is playing out that happened between march 27th to april 12th maybe just a little slower? like the daily's are eerily the same.
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Alts looking pretty strong which usually means sideways or up for BTC. I'm going fishing today with no service. Dont dump on me now BTC.
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[quote=rajc;1561939401]any coins you guys think is worth some research rn ?[/quote]
hpb
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[quote=rajc;1561940401]any coins you guys think is worth some research rn ?[/quote]
cvc, theta, bat, eth.
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[quote=rajc;1561950971]knew all of them except theta, read it and didn't like it[/quote]
loki,
xhv,
xtl
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[QUOTE=Rajc;1561950971]knew all of them except theta, read it and didn't like it[/QUOTE]
Theta is good, not going to shill it but the original founders of youtube are behind it. Other than OMG it's the only token I'm in. Dunno what you're looking for, but if you're looking for a long term cheap home run shot then DGB is where it's at.
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I think in the next hour we're looking at some major fireworks. Look at how tight that falling wedge is being made into the past few hours. especially in a market that is momentarily going up.
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[QUOTE=Rajc;1561957331]yes looking for exactly that, DGB is nice idd but i feel like market cap is a little too high for my liking[/QUOTE]
Maybe if you can help us out with what interests you in crypto, we can narrow down the suggestions? I shill HPB, but I'm very well informed about other cryptos and could maybe name a coin or two depending on what you are interested in. Are you interested in a DAPP? A platform? A currency? Maybe a special usecase?
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[QUOTE=Rajc;1561939401]any coins you guys think is worth some research rn ?[/QUOTE]
OCN
DRGN
Not srs
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[quote=rajc;1561939401]any coins you guys think is worth some research rn ?[/quote]
qlc
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[QUOTE=Rajc;1561939401]any coins you guys think is worth some research rn ?[/QUOTE]
do yourself a favor and research elastos. That's ELA
good luck to any project that tries to compete (hint: they cant)
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[QUOTE=KMadigan777;1561874331]Glad I hung onto my xrp
Guess I need to be trading into bat. Whats a decent amount of it to have?[/QUOTE]
As much as possible. The price is dirt cheap again. Anything in this range is a no-brainer.
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am i the only cuck here holding some HEAVY ass Ark bags?
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[QUOTE=johnnyboi123;1561981211]am i the only cuck here holding some HEAVY ass Ark bags?[/QUOTE]
Yes.
When $4k
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[QUOTE=Rajc;1561950971]knew all of them except theta, read it and didn't like it[/QUOTE]
Which ones are you looking at?
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flo, sys, nxs, tube, rvn.
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Slowly buying up: Bat, zec, xmr, tomo, zil, bch, rhoc, bnb
