There's no fucking way this 4 handle on ether is going to hold.
It's going to hit 5 and dump down hard to 3
2 handle is the new bottom
Say goodbye to 1 forever
The eth rocket has left ground and it's never going back.
Traders often refer to only the handle of a price quote since it is assumed that other market participants know the stem of the quote. In the foreign exchange markets, the minimum price movement is called a pip. Since many of the foreign exchange instruments are quoted out four or five decimal places, it is considered simpler to refer to the last two places when discussing the bids and asks, rather than include the handle, which tends to be known by the participants.
Thank you for reminding me of where I am.
Whats the point? Who are you helping? No one appreciates it. Just give up.
You paint a horrible picture of a market you know nothing about and quote prices in round USD like a fucking turd. You know no one trades ETH/USD pair right? All the trading is ETH/BTC. Your TA helps no one.
>You know no one trades ETH/USD pair right? All the trading is ETH/BTC.
For now, i'm just ahead of the curve.
New investors who have never owned BTC and aren't putting old BTC holdings into ETH think purely in a USD/BTC -> BTC/ETH converted pair.
They buy their BTC with USD and then immediately trade it for ETH and all they care about is the price they bought the BTC at and the price ETH was when they traded BTC to ETH.
As long as Eth is quoted agains the most volatile shit Bitcoin, there is a very serious underlying problem.
Taking the pump n dump risk multiplied with Bitcoin's inevitable march to its grave.
Cashing out your ether will be an issue boys.
Get the fuck out shilling jew
This is fucking madness, even by trendsmashing Mongolian Clipart shitpost standards.
That is not analysis. That is just sheep mentality and bigger fool at work.
I want to know fundamental and technical analysis in details that is being used to confirm that Eth is a good investment.
shit just keeps going up senpai i don't know what to tell you, here's a chart though...
can you do that technie whatsie and fundie whoosie on it?
4 HANDLE IS KILL!
OP CALLED THE 3!
2 HANDLE COULD BE IN PLAY!
LOCK IN GAINS!
LIQUIDATE ANYTHING ABOVE A 15% POP
HOLD ONTO ANYTHING UNDER 15% YOU WON'T GET OUT IN TIME!
PUSH THE DUMP!
PUSH THE ANTI-PUMP!
REV UP THOSE BTC WALLETS!
SET COURSE FOR .2 NORTHSIDE OF THE 2 HANDLE
WE START LOADING BACK UP AT 3.6!
SPREAD CAPITAL OVER HOURLY INTERVALS
THIS SHIT COULD GO AS LOW AS 3.2!
AS SOON AS THE BOTTOM HITS RESISTANCE GO ALL BACK IN!
>it corrects lower
>people buy back in so it holds at the correction
>but it's not moving up
>w-why is it not moving up like it was before
>ruh roh you feel that scooby?
>it feels sorta like the floor slowly falling out from under you
>better get out now who knows how low this thing could go
it's gonna hit 3.5 senpai
hook me up bro
best case scenario for a good buy in is if it bounces within the 4 handle a long time but doesn't break 5 and lack of buy volume changes sentiments of people who bought in at 2 and 3 and they start selling
Hopefully they'll start soon. They've been on holiday for the past couple days, Chinese New Year or Golden Week or something. Apparently ends on the 13th, so hopefully they come back to work on the 14th or 15th and buy BUY BUY!!!!!!!!!!!!!!!!
I don't think it's on any of the Chinese-based exchanges, no. No idea if they can buy any off Western exchanges considering China's more locked-down internet and general craziness, but I would think they could if they wanted.
You posted about spamming ripple ironically in another thread
>wow ethereum is having a rough day, I wonder if there was bad news causing concern for investors
>check latest ethereum news
>nothing but positive progression of the platform
Fucking dump kiddies don't know a good investment when they see it. Can't wait to buy more when my bitcoin clears in a few days.
The people selling right now are absolutely pump and dumpers. They're just playing themselves. Ethereum has real momentum unlike other shitcoins. It has use beyond currency.
So does Expanse but that shit is going nowhere.
I am an Australian living and working in China right now, and I can confirm the following:
1. Yes China is on holiday until today, so if there's a recent reason to have become hyped, China would pick it up starting this weekend.
2. The most recent Ethereum news on the Chinese internet was from November 2015.
3. There is no Ethereum discussion amongst Chinese trading communities/web cliques that I could find.
4. They had one exchange that opened up to it but their cold storage was 'hacked' ie. stolen by an inside man and then the news was obfuscated into oblivion. Classic China.
5. I signed up with Kraken without a problem, though when I had to use a VPN to solve the Captcha because it's currently blocked by the GFC (Great Firewall of China).
As for me I'm waiting for the right price today to drop a few grand into Eth and see if the Chinese do pick it up. If even a few shills or enthusiasts (among the millions) go for it, it's a win.
Hope that helps bros.
This is excellent thanks for the info based china bro.
Put a wallet address in your name when you post, in the future some of the generous ether millionaires might throw some ETH your way for your china insider updates
If it ever happens you get some sweet ETH sent to you from that advice i just gave you and you ever feel generous enough to peel off a tiny bit you now know where to send it desu senpai :^)
The Ether must flow.
If everyone just holds every ETH they get it will just be another speculator hotel like bitcoin and not become the fuel for the crypto economic machine of the future.
They are actually pretty good at predicting pumps. They are fucking terrible at not dumping at the right time though. These idiots buy into their own hype and baghold until their profit deteriorates.
no you retard it was /g/ and it was doge coin that finally broke the camels back
cryptocurrency was a technology and the free as in freedom idiots of /g/ kept shilling it and discussing it but everyone missed out on the big pump, then doge came along and people went wild as it was bitcoin2.0 and memes and reddit was pumping it and everyone was making money
Lol. less than a week and it will be back on the rise. Just because a small bubble popped doesn't mean all the VC's startups and devs are going to walk away. Wanxiang is still buying ETH, and whales will continue to accumulate ETH no matter the price. You are a fool for not realising the facts.
it's still a penny currency, a dump of $500,000 can definitely move the price up so the market cap moves that much
hell a good news article can make it move like that if people just refuse to sell at the price it's at after the article comes out and raise the price they're listing sell orders at