Prices look to be on a stable slow rise. Invest now we should show good profits through the end of the year.
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Crash over.
It looks like the market is starting to settle down a bit, we are seeing volatile swings with good volume that seam easy to get in and out of. BTC is leading other alts so best advice is to watch what BTC does and trade accordingly.
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Goxed
MtGox took a nose dive today and went off line. The BTC price fell from over $1,000.00 USD to the low $800.00s. This effected the price of most alt coins in a very negative way, as of this writing gox is still down with no official report of what is happening.
Baidu the Chinese version of google apparently has suspended bitcoin transactions with the news of China based banks not aloud to trade in bitcoins. This with the MtGox site malfunction could play out for a very volatile day.
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Baidu the Chinese version of google apparently has suspended bitcoin transactions with the news of China based banks not aloud to trade in bitcoins. This with the MtGox site malfunction could play out for a very volatile day.
Be careful trading, there is a log of money to be made but a lot to be lost as well.
Best way to get USD into the market.
We are often ask what is the best way to get USD into the exchanges. We prefer CoinBase (http://www.coinbase.com) cause the BTC price is usually between MtGox and BTC-e. You will take a loss moving bitcoins from coinbase to BTC-e but with more trading pairs at BTC-e gives you a better chance to diversify your funds. When getting USD out it will be the same process in reverse and you will gain the arbitrage you lost when moving BTC to BTC-e
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First pump post!
We will be announcing the first pump today at 1:00 pm CST. This will only work with the support of the community. The size of the pump will grow with support so let everyone know.
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Community Pump
It seems with all the Fontas pump and dumps the only ones that benefit are Fontas and the ones who pay him for early information. All the movement up is caused by the masses buying in and the dump happens when Fontas and his paid followers trigger the sell. Does not seem very fair does it?
We need to organize a community pump where there is no inside information, there will still be losers but the community will have a better chance to benefit.
We will try and organize this by announcing a new coin to pump once a week there will be no announcement for when to sell just the coin to buy. You will need to use your on judgement on when to sell, this should leave only the greedy to take a loss
We will not allow a select few to have inside information and will not leave clues on what coin we are announcing to pump, the plan is very simple once a week announce a coin and let the community decide when to buy and when to sell.
This will not work without community support! please comment with suggestions and interest, and lets take the power away from a select few.
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We need to organize a community pump where there is no inside information, there will still be losers but the community will have a better chance to benefit.
We will try and organize this by announcing a new coin to pump once a week there will be no announcement for when to sell just the coin to buy. You will need to use your on judgement on when to sell, this should leave only the greedy to take a loss
We will not allow a select few to have inside information and will not leave clues on what coin we are announcing to pump, the plan is very simple once a week announce a coin and let the community decide when to buy and when to sell.
This will not work without community support! please comment with suggestions and interest, and lets take the power away from a select few.
Time to buy.
Looks like the sell off is almost over, MtGox on the rise and the same goes for BTC-e. Time to buy.
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PPC, Rock Star or One Hit Wonder?
With all the focus on Bitcoins (BTC), and Litecoin (LTC) Peercoin (PPC) is a bit undervalued. as of this writing PPC is sitting at 5.805 USD, and with the recent rise in most crypto currency PPC hit all time highs and seems to have the potential to climb even higher. BTC-e recently added the pair PPC/USD, this should give market confidence and help expand the reach of PPC. Currently PPC is in third place as far as market cap goes http://coinmarketcap.com/. PPC should be a good investment for future returns as the market grows.
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