2018-11-26 05:26:07
Interestingly, Snowblossom has taken less of a beating than other cryptos
Fireduck
2018-11-26 07:46:27
it’s not really a market yet
Rotonen
2018-11-26 14:44:54
heh, I'll take whatever validation I can get
Fireduck
2018-11-26 21:23:29
Lol, I've enjoyed snowblossom's steadfastness in this storm! My only other bag that compares is CHX. All my other babies have been viciously smashed :grin:
fent
2018-11-26 21:49:02
Some interesting price action going on at Qtrade.
Tilian
2018-11-26 22:03:15
i’m assuming that cycle is again, to a large degree, connected to miners getting billed by cloud vendors and now having to pay it off their credit cards again
Rotonen
2018-11-26 22:04:28
why is the price moving up then?
mjay
2018-11-26 22:07:14
last time that was coupled by both sides of trading being the same parties and ’rolling the snowball’ while shilling on 4chan and the likes to get enough parties involved for them to land out with a margin when they finally dumped
Rotonen
2018-11-26 22:07:47
small unregulated markets are shark pools
Rotonen
2018-11-26 22:08:47
last time their trigger was around 100k usd daily volume
Rotonen
2018-11-26 22:09:13
so is the snowblossom market still so small as to be wholly manipulated?
fent
2018-11-26 22:09:27
most crypto markets are
Rotonen
2018-11-26 22:09:28
i take it that it's not worthwhile paying attention to price movement, then?
fent
2018-11-26 22:09:40
well, not really.... i mean, relatively speaking.
fent
2018-11-26 22:09:44
some do, i do not, opinions vary
Rotonen
2018-11-26 22:10:38
there’s enough people in and around crypto whom can just throw a seven figure sum at something
Rotonen
2018-11-26 22:10:56
i mean, we just had a 50% spike due to 0.32 snow being bought :wink:
fent
2018-11-26 22:11:32
there's millionaires throwing their dick around, then there's somedude with $40 in his mom's basement :rolling_on_the_floor_laughing:
fent
2018-11-26 22:11:47
market movers!
fent
2018-11-26 22:11:50
The spread is insane with low volume markets.
Tilian
2018-11-26 22:11:54
Hah.
Tilian
2018-11-26 22:11:56
what a lot of people look at are where people put up sell and buy walls at
Rotonen
2018-11-26 22:12:22
but evaluating that is beyond me
Rotonen
2018-11-26 22:12:55
Does anyone know what strategy is behind those walls?
mjay
2018-11-26 22:13:39
https://en.wikipedia.org/wiki/The_Dark_Forest The Dark Forest (Chinese: 黑暗森林, pinyin: Hēi'àn sēnlín) is a 2008 science fiction novel by the Chinese writer Liu Cixin. It is the sequel to the Hugo Award-winning novel The Three-Body Problem (Chinese: 三体, pinyin: sān tǐ) in the trilogy titled "Remembrance of Earth's Past" (Chinese: 地球往事, pinyin: Dìqiú wǎngshì), but Chinese readers generally refer to the series by the title of the first novel. The English version, translated by Joel Martinsen, was published in 2015.
Fireduck
2018-11-26 22:13:42
probably many and some of them malicious, by accident or by intent
Rotonen
2018-11-26 22:15:11
if markets acted rational with open hands, this would be easy :P
Rotonen
2018-11-26 22:17:26
ah well, i look forward to the day SB gets *proper* volume :slightly_smiling_face:
fent
2018-11-26 22:18:05
if that is in your interest, simply do something about it
Rotonen
2018-11-26 22:18:31
I am. Rest assured, i am spreading the gospel.
fent
2018-11-26 22:18:55
and that is how stuff works
Rotonen