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Showing 20 of 36 results by Majkeeno
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majkeeno
on 06/05/2014, 14:39:09 UTC

Todays news actually, funny that. If all Chinese exchanges are on the brink of closing as many in here believe, why are they being added to the foundation board?
because they need a substitute for gox... Smiley
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majkeeno
on 05/05/2014, 11:47:44 UTC
Looking at the order book on bitstamp, price should go higher in the short term (in the long term I am sure that by the end of the year, price will get to a level of at least 2.000 USD).

But coming back to today's situation: there are 5.327 BTC to be sold, and on the other side they are 6.231 BTC to be purchased. This basically means that at this moment the sell orders CAN NOT cover the buy orders within the same range, so price will have to increase.

The demand for BTC is 15% higher than the offer => price will increase in the short run.


This is part picture, order book is small part

Order book is showing the same range on both sides (the picture I was looking at went +/- 45 USD on both direction). So it means that compared to the current price, they are 5237 BTC available in the +45 USD range, while the demand in the same range is 6231 BTC.
there are asks and bids in further than +45 usd range. it is only small part of whole orderbook.

+ tupelo answer.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majkeeno
on 04/05/2014, 08:35:06 UTC
this is the first time ever I see a 1,5k Wall on Huobi.

beginning to scare me.  Sad
it was 3k wall at all, which is now gone as it seems it was fake.
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 12/01/2014, 00:14:34 UTC
What do you think, is @20 possible again in the next few hours?

anything is possible...

yup
Looks very possible... but its also possible someone could come in with a 10BTC sell order at 19 so don't take anything for granted Wink
Yes, one never knows...
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 12/01/2014, 00:02:17 UTC
What do you think, is @20 possible again in the next few hours?

anything is possible...
Few seconds later - 1.25M sold at @18
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Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 11/01/2014, 23:57:45 UTC
What do you think, is @20 possible again in the next few hours?
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 09/01/2014, 18:03:00 UTC
Keep watching...

Whats happened to the 40BTC buy order at 1 satoshi?  People not confident its going that low anymore?
May be these investors have taken their money away to invest elsewhere... :-)
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Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 09/01/2014, 17:48:15 UTC
Please, could you both present me your interpretations of the trading charts from that  exact point which are you talking about?

It will be very helpfull for lot of unexperienced traders i.e. me :-)
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Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 09/01/2014, 17:37:05 UTC
Is Nut2pools getting DDOS'd?


...because it seems like it...

Do our miners get screwed in these cases, or does it all come out in the wash after the attacks?

Well I noticed that my GPU's disconnected a few times, so that is basically lost mining time we aren't going to get back.

Other then that not a big deal.
I do not have any problems with them currently but I have been mining with them only last 5 minutes...
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 09/01/2014, 17:34:33 UTC
Do you have same login problem with Cryptsy as me, that they do not post login pin codes currently?
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Topic
Board Altcoin Discussion
Re: Coin Payments Coin Vote
by
Majkeeno
on 09/01/2014, 15:29:25 UTC
Lotto Coin everyday. It has a target and potential.
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Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 08/01/2014, 21:46:35 UTC
but this will obviously keep going for a while... the downtrend
Without any new investors coming, I think so.
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Board Announcements (Altcoins)
Re: [ANN] LOTTOCOIN - The Past, Present, 2014 & Into the Future..
by
Majkeeno
on 08/01/2014, 21:32:30 UTC
+1 good work
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Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 08/01/2014, 17:13:13 UTC
i agree, the autosell feature was the worst thing cryptsy implemented
Negative side of autosell for sellers - if buyers agree themselves to lower buying price to @xx at the same moment, they just eat cheap coins. Please, let me know next time when it will be and exact price level, thank you.


that feature never list the order in the order book...so you will never know about it happening until your order is being filled.....and the orders a are filled in bits....so it is good for the pool miners but very bad for new coins and traders
Are you sure? I did not know that these orders does not go into the order list and are going straight to sell - then this feature is very bad for buyers.
But whole cryptsy is a mystery as I did not find anything about orders book, how trades are executed and so on. Every day I learn somethink new, thank you.
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Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 08/01/2014, 17:00:04 UTC
i agree, the autosell feature was the worst thing cryptsy implemented
Negative side of autosell for sellers - if buyers agree themselves to lower buying price to @xx at the same moment, they just eat cheap coins. Please, let me know next time when it will be and exact price level, thank you.
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 08/01/2014, 16:01:53 UTC

yes as we are no longer profitable we should see an easement on the number of sells..

Just picking up on this.  The correct term is "as we are no longer as profitable as others"

Its still profitable. Just some are more profitable than others.
This.

I started to mine various coins and yes, they are all profitable besides few one. I do not think that publicity of exact numbers would be beneficial.
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 08/01/2014, 15:51:25 UTC
gg Lotto, wall on @20 almost eaten -> @11 in a few days?

lol am not sure if your a supporter or not.. pretty sure ur last post said u went and sold @25 so i guess you have some buy orders in place at a lower lvl.. but 19-15 shows some good resistance so its doubtful it will get lower than 15.. If it does it.. could fall to 11 in a blink..

What would i do.. Buy from 15 all the way to 10 if i could..
I had @23 buy order for 4 BTC yesterday, there was HUGE resistance wall. I was wonder when saw this morning @20 and now @19. Someone dumps really hard.

bought @24 under me 8BTC@23  8BTC@22 and 5 BTC@21

now 19... stupid miners... any point you think that autosell will stop for any reason ?
Just did a quick math from 24h averages of pool:
pool hashrate: 0.927 GH/s
net hashrate: 1.98 GH/s
1 kH/s avg. (24h): approx. 65 LOT (+/- diff)
24h potential mining of that pool: approx. 60 255 000 LOT/Day
24h potential mining of net: approx. 128 700 000 LOT/Day

Just to take it a little bit further.. 1MH/S give about 65000 LOT (24hr) period. Approx 2,708 LOT per hour.

Now these numbers below are coming from my ass so dont take it seriously..

 Current Avg hash rate of middle coin: 11,330 MH/s = 30,681,640 LOT for 1 hour
Estimate hash rate of Hashcows: 1000 Mh/s = 2,708,000 Lot for 1 hour
Current Avg hash rate of Tompool : 155Mh/s = 419,740 per hour

So thats pretty much what we can expect as dump.. if a multipool were to operate on lot for 1 hour.

*EDIT* hash cows has problems finding blocks so i would discount them for now till they get a fix on their issue..
My be I am wrong but does not Net Hashrate mean all computers mining same coin in the same moment? So you have on your mind, what if analysis - all megapools mining at the same time?
Do I understand it correctly?
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 08/01/2014, 15:33:19 UTC
gg Lotto, wall on @20 almost eaten -> @11 in a few days?

lol am not sure if your a supporter or not.. pretty sure ur last post said u went and sold @25 so i guess you have some buy orders in place at a lower lvl.. but 19-15 shows some good resistance so its doubtful it will get lower than 15.. If it does it.. could fall to 11 in a blink..

What would i do.. Buy from 15 all the way to 10 if i could..
I had @23 buy order for 4 BTC yesterday, there was HUGE resistance wall. I was wonder when saw this morning @20 and now @19. Someone dumps really hard.

bought @24 under me 8BTC@23  8BTC@22 and 5 BTC@21

now 19... stupid miners... any point you think that autosell will stop for any reason ?
Just did a quick math from 24h averages of pool:
pool hashrate: 0.927 GH/s
net hashrate: 1.98 GH/s
1 kH/s avg. (24h): approx. 65 LOT (+/- diff)
24h potential mining of that pool: approx. 60 255 000 LOT/Day
24h potential mining of net: approx. 128 700 000 LOT/Day
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 07/01/2014, 20:32:33 UTC
Is my prediction right if I am *guessing that an attack to buy at 26 - 27 is preparing?
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Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
Majkeeno
on 07/01/2014, 20:23:45 UTC
OK i lost 0.3 BTC through doing stupid things trying to gain BTC with Quarkcoins.
Will go back into LOT and hold.
Stopping daytrading now and just hold.
Like this coin. Much potential. And right now at the beginning of the journey where nobody knows where it will end.

Any of you daytrade ?
Or you just hold cause you could miss the big bump?

Not really sure what i did...

I sold 400k Lot at 21 and then bought back at 19..
Then sold at 18 and placed a buy order at 16.. unfortunately it dint dip that far..

But on the second round.. i used what i earn from above two trades and bought 200k LOT at 20 and then placed a sell order at 23.. it sold..
and i wanted to sleep so i did something strange.. i bought back 200k at 23 (still scratching my head on this) and placed a sell at 26 which was the highest 24hr avg.. and then slept.. woke up.. it sold..
So i placed a buy back order at 22.. that went through.. and headed of too work..

Individually my trades were good.. As a running account.. its a bit of a mess.. am not sure if i should consider having sold 200K of my stake at 36 Tongue

oh and too further complicate things a friend asked me to trade 200k of his lot.. so i sold 100k at 25 and bought back at 22.. still hold another 100k which basically sold at 22 and has a rebuy order for 19..

So i have to outstanding buys...

100k at 19
400k at 16

Hmm.. so any advice on trading strategies?

+1 :-) starting to understand it buuuuuut veeeeeery sloooooooowly.