Quote from: alice chan on January 25, 2015, 04:45:26 PM

Hi Ryan, I have a question

Just looking over the market and matching it to what I see happening with bitcoin so just wanted to get your thoughts on this.

Do you think the entire market is in accumulation right now? Because, there are multiple big name coins sitting at high percentage declines that have been being bought up for some months now, and the numbers aren't small I have calculated nearly $150,000 accumulation volume on one particular coin.

With litecoin going up out of nowhere in tandem with bitcoin I think I am starting to see a wider image where everything is connected in some way

what do you think?

bear market = large scale accumulation (this is where you get positioned and fill your boat)

bull market = large scale distribution (this is where you make 30 times your money)

when btc blows up again and the big media outlets start pumping out positive story after positive story,
the amount of newbs and amateurs that will be jumping into altcoins will be disgusting

remember seeing 1000 btc trading volume on multiple coins almost daily? All i'm going to say is the tide is starting to trickle in,
eventually that trickle is gunna turn into a fucking tsunami