WARNING Litecoin traders on Poloniex

in #litecoin7 years ago (edited)

Looks like more market manuiplation this time from poloniex trying the same

notice strength remains in LTC/USD across board with polo pulling down LTC/BTC

gtthytg.PNG

EDIT:
Chart showing plunge in 5 min highlighted in blue
3445.PNG

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I recommend bittrex for exchanges.

bittrex is awesome!
simple UI well laid out and they dont seem to have as much issues as other exchanges there size

poloniex? more like baloney-ex amiright

they have had a lot of issues and found there support and moderation staff quite unprofessional,
hopefully they'll fix there issues but DEX's are the future!

Can bitrex be used in NY State?

I would imagine so is based in US and doesnt have USD onboarding so i would say is ok.
NY is a specific case though so not familiar with law

Darn I had some lite coin and sold early should have kept, this can be frustrating at times...

:(
Dont worry,
will greatly improve,
network has seen tremendous growth in the last 2 months.
should be higher!

You are right there is always hope in the crypto community that's why I love it so much, and that's why I love steemit, good positive people like you :)

no problem,
if you do go in on LTC be careful will see %10 shock next few days
#HODL

So I should wait until the 10% shock then purchase ? Also how do you know this ?

i would be buying now really shock will happen so fast wont have time and look like another cup and handle formed so upward trajectory incoming!
just a guess by how the markets moving irregularly regularly that someone will try to shake the market and scare people to close early opening up a lot when you think of the increase leverage puts in volume

i literally posted about this at the same time u wrote this!!!

https://steemit.com/litecoin/@orangeshasta/litecoin-forming-cup-and-handle-on-15-min-candles

Good idea, now I just need the money lol, tempted to use my credit card to buy through coin base. Thanks for your help, I appreciate it alot! I have some ripple I think that's another interesting alt coin!

ripple utilize bitcoins blockchain so id imagine when bitcoins final breakout happens ripple will explode!

litcoin is on the moon soon!

yes much growth litecoin it will see

I stop trading at Poloniex, moved to Bittrex. Be careful guys Poloniex will go out of business soon. Have you seen any new coin listed there recently besides GNO? Why is that? Instead, Bittrex listed a bunch of new projects. The new crypto coin developers know something smells bad at Polo and they are not putting their coins there.

defiantly will have problems and cant scale and when speculation picks up will be disaster

Never trust poloneix, even only being in the crypto game for a few months iv'e learned how dodgy they are.

ya they are poor with support and have scaling problems but for now is only place to get margin trading on alts

Yeah that's true, i still just think that bittrex is a better site overall.

ya but can they scale when poloniex falls after the flopping
because they've proven they cant
and i think the use a fractional system on funds hence constant "withdrawal" issues

Guy poloniex has been having lots of problems. I would advise to keep your funds off the exchange till things settle down some

ya ive had the problems with withdrawals a few months ago but havent since ill take the risk just so can trade LTC on margin

i don't trust most news about North Korea #fakenews from mainstream media id be skeptical of anything there trying to flood news with.
economic crash incoming!!

Do you believe North Korea launched a two stage ICBM on July 3? That is the most recent news, which seems important.

How big would the conspiracy have to be, for that news report to be false?

I agree by the way that #fakenews is a real issue, and you should question everything you see reported from MSM.

STEEM On!!

Dave

I belive it wasnt an an ICBM but the much shorter distance intermediate-range intercontinental ballistic missile could only reach Japan,
why does it matter other people have them ?
Russia is stepping in anyways forcing talks.
and taking the fact that any story blasted from mainstream media trys to portray a controlled narrative or to distract from other things.
there not trying to inform people of the "threat" from North Korea
same like they weren't trying to inform people of the "threat" from Russia last 15 year

Why does it matter?

In this case it matters because Mr. Kim is an unstable wing-nut and a psychopath.

Check out Sting's song - Hope The Russians Love their Children Too

Point was - Russians had lots of nukes but assuming they loved their children they weren't going to use them in a pre-emptive strike.

Unfortunately same cannot be said about current North Korean dictator

I think it will come up to 100$ in this year ;-)

indeed if bitcoin reach 5000 ltc will be there @ $100 if not more thats the next two months

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