Quote from: TeraflopGigabyte on January 22, 2014, 10:57:38 PM

Quote from: ltcnim on January 22, 2014, 10:50:45 PM

Quote from: colinfx on January 22, 2014, 10:46:03 PM

Quote from: ltcnim on January 22, 2014, 10:33:29 PM

Quote from: TeraflopGigabyte on January 22, 2014, 10:09:08 PM

Quote from: colinfx on January 22, 2014, 10:06:16 PM

That http://dogemonitor.com/ is great - nice trend on the hourly chart, can see more of a bigger picture!

The trend is definitely up, not just pump.

are we looking at the same chart Huh

This is a definate downtrend since like 48h with the usuall spikes up. if there's not going to be some serious money invested (by a whale) it's going down. on vircurex the volume has been dropped by 55% NHP has lost 10%! of course there might be room for some quick bucks with the up/downs, but as i said, unless something serious happens, it's a down trend.

Two weeks ago today we were at 30, we are now at 170. Definitely seems like an up trend to me!

a trend is somehow natural and good. it reflects the REAL value of a coin (even is it just means how much it is liked), but that jump from 30 -> 275 was NOT natural. It was because someone pumped a huge amount of money into the market, buying all the doges. Because of the low volume at that time, it was easy to do that. what happened? all the small shibes were trying to get on that "train" and they were just driving the price up. and then, after it was high enough, the pumper sold again, making the price drop but with a nice profit.

This will now happen maybe a few times more, until noone wants to buy anymore, then the sellout starts. Since the first pump, a few more big players entered the game. and thats what i dislike. i want a price which is reflecting the real value, not a pumped one. the market is NOT safe at this point for new ppl, because noone can predict what will happen.

We are at Bear Trap now? Or Bull Trap?

Bubble over? This is the Cryptsy chart for this past week

Looks like we may have hit bottom.