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## Bitcoin & Altcoin Trading Talk 22 (2016-02-12) Summary
This episode of "Bitcoin & Altcoin Trading Talk" (#22) featured a discussion-heavy analysis of cryptocurrency markets, particularly focusing on Delta Credits (DCR). The episode introduced William Kale, Rob Borden, Derek Urban (Coin a G), Brian Beamish (The Rational Investor), and Alex Sturk (Block Talk).
Main Topics:
- New Exchange Integrations: Coin a G integrated Valtoro (BTC to gold) and 1X dot trade (Switzerland).
- WCN Platform Updates: Upcoming features include blockchain metrics charts (highlighting Litecoin difficulty/price correlation) and margin trading (launching on Coin a G within two weeks, followed by Polonex, BitMax, and OKCoin).
- DCR (Delta Credits) Analysis: Detailed technical analysis using Japanese candlestick patterns (bull rammy, inside bar, harami), Fibonacci retracements, and fractal patterns. Discussion included concerns about its volatile price action, limited trading history, and potential manipulation.
- Chart Anomalies: Examination of unusual prints and gaps on trading charts, potentially caused by API artifacts or exchange errors.
- Future Contest: Teased a future contest involving WBB and Coin a G memberships.
Key Quotes:
- “We’re going to be looking at Litecoin’s difficulty and price correlation on the charts.” - Rob Borden
- Discussion centered around identifying potential buy signals using technical indicators.
- Concerns were raised about potential manipulation of candlestick charts, particularly on Bitrix.
People Mentioned: William Kale, Rob Borden, Derek Urban, Brian Beamish, Alex Sturk, Peter (1X dot trade).
Bitcoin Price: Not explicitly mentioned.
The episode emphasized the importance of technical analysis and caution when trading, particularly with newer or less established cryptocurrencies like DCR. The hosts also highlighted the potential for data inaccuracies and manipulation within cryptocurrency exchanges.