LOL…the correction will take it to low $200s again…good point for entering with more fiat if u have some spare $$$…we will see 400+ in September…I’m confident of that…MFukin BTC and the whales controlling the prices…
Well, BTC capital dominance is around 50% and all exchanges exchange bitcoin with alt coins and not alt coins with alt coins…so…
don’t believe we’ll be seeing low $200s… seems to be holding-up fairly well in the 280 range… good buy, RN! doing our best to avoid the $274 hell we just escaped from!!
Very danger situation, …
Feel like, Tulip Mania
I was so close to selling last night before I went to bed. I should have. Would have made a decent chunk to reinvest this morning.
Ah well!
you’ll have more opportunities, prolly by next week. weekend dumps are mostly manipulation, imo. here’s my view - i’m bullish through 2017… but expect to see weakness sometime around late Q3-early Q4 2018 (due to strong USD)
Oh I have no doubt. I’m just a little annoyed because I sat here debating as I watched it last night and opted for “Nah, I’m just gonna go to bed cause it’ll be around $320 in the morning”.
Whoops!
Manipulation ? banker Short cryptocurrency ? JP Morgan ?
if you were trying to maximize profits: would you sell large amounts of BTC during the week when there’s more liquidity, or on a weekend with lower volumes?
(not jp morgan imo… just BTC whales doing what they do)
good-thing-is; we’ve already got rid of most the $270 level sellers. once we settle for a second, recovery should be fairly quick. that’s my two satoshis!
255 - goddam profit takers
panic on the market we will see big surprise … big players are on it
Russia? Illuminati? Space aliens? Trump? Who cares? Let’s revisit this thread in a few years and have a laugh.
Try not to get too wrapped up in the day to date trade value. the overall trend is all thats important.
As a miner, I have to trade out to pay my costs. Most other miners will too along the way.
Well the overall trend isn’t really something to be proud of at the moment. We can’t seem to break $300 and stay there. It’s a huge struggle sustaining $270 and mainly stays around $250. While I can recognize that isn’t a bad place to be either, it’s evident that something is holding ZEC down and doesn’t seem to want to let it flourish. Taking today as an example, we hit a high of $320 yesterday but today people are selling for as low as $250 which boggles my mind.
I’m not a professional at reading the market by any means, but it’s clear there’s a struggle going on and we just can’t seem to get over that hump. BTC also appears to have a significant hold on ZEC as well. We’re hit pretty hard every time there’s a small drop. We’re basically where ETH was back in April/May. We’ve also had a significant amount of bad luck with Poloniex nearly every time we’re making head way. There are so many gears involved here and I’m learning a lot personally.
Wyckoff style accumulation…just HODL.
$227 next target ? what do you think ?
think we’re getting into blood territory now.
it’s a sign …don’t know what it means, but it’s creepy! lol kek.gg