Cryptocurrency

[mattfx]

All we are seeing here is as JO has pointed out - a couple of large whales selling off assets because they've been forced to, which has sent the rest of the market into a tailspin and state of panic. Of course this is going to happen in smaller, less regulated markets. Can you imagine someone selling off that many shares of a medium sized PLC such as Gama Aviation? It'd send all their shareholders into a panicked frenzy.

This is just another bump in the correction road. Nothing to see here. Buy the dip, move on to lambo's later in the year.

[glebe digital]

https://cointelegraph.com/news/bitco...ll-off-reports

1 guy!

However it appears he was selling in tranches between Sept-Jan, so probably not responsible for the recent drop........could be the 'greater fools' drying up perhaps?

[scooterscot]

Have you heard anything about the latest SEC and Mt Gox stuff? Are we to expect more down in the short term? TDV newsletter hinted that it could be a distinct possibility...

I'm hoping the SEC thing is ultimately a good thing that needs to happen so we're getting it out of the way and the FUD around 'crack downs' and regulation can subside and we move forward.

I'd like to see BTC do another low to previous low resulting in a double bottom, this would be a strong move forward for growth. While BTC is doing that it'll be a good time to accumulate coins such as ETC, who are usually quite stable in crypto terms but will increase in sats value against BTC in a biggish way. Take advantage of it.

[VirtualMonkey]

I'd like to see BTC do another low to previous low resulting in a double bottom, this would be a strong move forward for growth. While BTC is doing that it'll be a good time to accumulate coins such as ETC, who are usually quite stable in crypto terms but will increase in sats value against BTC in a biggish way. Take advantage of it.

Emotionally I'm not sure 'like' is the word I'd use but I agree with the sentiment.
Pretty sure people like Wall Street will be looking for that as well

[VirtualMonkey]

My alert was set at 65 sats
There's another possible resistance line in there as well but even that points to something like 62 as the low if we have a truncated C.
Possible double bottom as well (noting the previous swing low on the pic)

Getting close now. Alert was triggered last night so I sold 50% at 65. Was a bit gutted when it immediately jumped back to 68 though
Just can't see the elliott count

Been trying to fit it in but the initial sell off from the 124 territory was so steep it makes for either a shallow 5th or an extended 3rd. I hope we're in an extended 3rd right now as that will mean the chance of going sub 60 is so much higher

[Lockhouse]

BABB tokens are unlocked and available to send to MEW. Wonder what they're worth...

Successfully moved to MEW. Fingernail biting 10 minutes.

[VirtualMonkey]

Successfully moved to MEW. Fingernail biting 10 minutes.

Did you have any problems setting up the custom token?
when i try i get an error stating it's not a valid ERC-20 token.
According to the blog the details should be:
0x9a0242b7a33dacbe40edb927834f96eb39f8fbcb
BAX
18

Is that correct?

[Lockhouse]

Did you have any problems setting up the custom token?
when i try i get an error stating it's not a valid ERC-20 token.
According to the blog the details should be:
0x9a0242b7a33dacbe40edb927834f96eb39f8fbcb
BAX
18

Is that correct?

Looks OK to me. I didn't have any issues - it may be that your account has not been unlocked yet - unlocking is due to finish by 00:00 this evening and is a phased rollout. If you've got the email saying your tokens are unlocked you should be OK.

[VirtualMonkey]

Looks OK to me. I didn't have any issues - it may be that your account has not been unlocked yet - unlocking is due to finish by 00:00 this evening and is a phased rollout. If you've got the email saying your tokens are unlocked you should be OK.

Thanks
They are showing as available for transfer on the dashboard but I've not had an email yet.
Not sure that would be needed to set up the custom token in MEW though. I have 2FA set up so I'm not in a massive hurry to move them

[Eccystig]

I've got a few alt's already (CND,PRL,DASH,BAX,ADA), I've seen people mention a few others WAX, GIFTO, RDD, if you had to pick one, to invest a small amount, which one would you go for?