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the price is interesting on poloniex

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just

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I found a very interesting thing:

After each distribution, the price will dump. Then, after 1-2 days, the price of LTBC will return to normal .

I think someone sell the reward in low price It also shows some guys try to defend stability market price .

lol ,maybe i should buy some low-price LBTC next time

Posted on October 27, 2014 at 2:11 AM

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• soccruo

  

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  The price of ltbc is easy predictable, I'm doing alot of coins by trading :P

  Posted on October 27, 2014 at 2:12 AM
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• soccruo

  

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  Sorry for double post, internet connection fault :(

  ...I can add to the above sentence that probably we have reached the bottom last week, hitting 70 satoshi.

  Posted on October 27, 2014 at 2:12 AM
  Last Edited: October 27, 2014 at 2:13 AM
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• just

  

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  @soccruo The price of ltbc is easy predictable, I'm doing alot of coins by trading :P

  when are you trading in every time? After each distribution?

  Posted on October 27, 2014 at 2:19 AM
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• hotarugrey

  

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  yes right that's what i always do, waiting for some cheap coin on distribution days, and sometimes the price skyrocket not long after that. like yesterday, actually price goes down to about 70-80 an then rise to 151. patience will be our friend always ready with some under price buy order...

  @just

  @soccruo The price of ltbc is easy predictable, I'm doing alot of coins by trading :P

  when are you trading in every time? After each distribution?

  i usually stand by on the day of distribution, price get so low as many people dump the coins... and then usually it will rise again.

  @soccruo Sorry for double post, internet connection fault :(

  ...I can add to the above sentence that probably we have reached the bottom last week, hitting 70 satoshi.

  last week the price got so low it hit about 50 actually, but not for long...

  Posted on October 27, 2014 at 2:52 AM
  Last Edited: October 27, 2014 at 2:54 AM
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• cryptozio

  

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  Sunday is the best day for buying ltbc, just place your orders in the 50-80 range and then sell during the week at 110-120 :)

  Posted on October 27, 2014 at 3:06 AM
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• phillert

  

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  Seems to have happened again!

  Posted on October 27, 2014 at 3:40 AM
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• page

  

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  I am going to transfer some BTC to poloniex now :P

  Is there much volume for LTBc at poloniex?

  Posted on October 27, 2014 at 4:46 AM
  Last Edited: October 27, 2014 at 4:47 AM
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• Rob

  

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  Location: California

  Wow, I had no idea people were actively trading LTBc for profit! Out of curiosity, how much volume are you guys trading?

  Posted on October 27, 2014 at 6:31 AM
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• Tintin

  

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  About 300k a week in trading volume.

  Don't quote me on that one, it varies a lot.

  Posted on October 27, 2014 at 6:44 AM
  Last Edited: October 27, 2014 at 6:45 AM
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• hotarugrey

  

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  last active market the distribution day, if i remembered right the market volume almost reach 2 BTC

  Posted on October 27, 2014 at 8:07 AM
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