Long
Namecoin / Bitcoin
I see a coin getting accumulated at an All-Time low with relatively flat market structure and consistent volume. If you look over at Poloniex, somebody has been getting bids filled at these levels consistently for a few months. The same occurrence is happening with Litecoin at the moment. A whale is getting hundreds of Bitcoin worth of LTC filled at current levels and market structure is relatively flat with consistent volume.
In my opinion, big BTCe players are accumulating LTC, NMC, and PPC. I think Poloniex could contribute to the volume this year with the influx of new money and the addition of volumizer bots. Could make for the perform storm.
In my opinion, big BTCe players are accumulating LTC, NMC, and PPC. I think Poloniex could contribute to the volume this year with the influx of new money and the addition of volumizer bots. Could make for the perform storm.
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