Quote from: Gekko463 on March 10, 2015, 04:43:13 PM

Damnit. I didn't want to come over here because it kinda sucks. But nobody is over at CCTalk.

I'll put the Vampire pic up as soon as I figure out this 90's UI.

Business at hand:

Anyone else want to help try to think through what's going on on Cryptsy?

Cap of 8 bitcoins or so at .0135.

Trading stuck in .012-.013 range.

It was .013-.014 yesterday.

It will be .011-12 tomorrow.

My thought is, let it happen.

Someone who owns at least 8 bitcoins worth is accumulating at low, low prices for a pump?

Is that it? Thoughts please! Oh great counsel of UNO? Trading Wizards, of which we've a few?

I am accumulating. I'm almost at 900 again, down here. I have several BTC in the clip.

Please punch holes in my theory. I need to hear alternative perspectives please.

Should we just dry up the buy orders and make him go way down? (Because I'm buying. I want it way down now.)

Yes this interface is ancient. Cheesy

The market looks supressed, but that's not the whole picture. I was pretty bullish, since the smallish Mintpal dumps were absorbed very well, but then this huge 1.5t dump occurred (to put it into perspective, that's the equivalent of > 100k BTC being sold off in 12 hours). Before that the market was dominated by small but constant buys and we had higher highs and lows in the waves. That upward momentum was crushed by the dumps. Now the market is dominated by sellers, the buy support has been weakened.

Now I think we're going further down, such ashame really. I thought we could maintain > 0.1 for sure this time. Well that battle is not yet over, but we'll need more amunition to hunt the bears down now. Time to enter turtle mode and I feel comfortable buying more at this level again.