Who is buying?
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@aciddude Looking at the local bitcoins forum it would seem that the biggest problem is getting a bank that will accept the incoming payments for the coins. From reading the posts there it would appear that many of them have had accounts frozen as a result.
As has been mentioned on this forum, it would be ideal if there was a company that provided FTC/GBP pair. Hopefully in the future this will happen as it without it there seems no easy solution.
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Smb just sold FTC worth ~6.8 BTC on Bittrex, or bots triggered.
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@Lordas We didn’t brake the uptrend, so good for him. Somebody sold to another guy. Look at the opposite side. Somebody bought FTC for 6.8BTC and that buyer don’t want to sell under this rate. :D
edit: 19800.com made the dump at first. Look at that site. Most of coins hasn’t any trades for days and all of ftc orders take by 1 bot at both sides. I really hope that exchange close soon.
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@SimonTower said in Who is buying?:
@Moonman I followed the recent pumps at BTC38. That was much slower than older ones too. I think it will spike 2000-2100, the daily lowest price will close up to 2k slowly and skyrocketing after that above 10k again within couple of days.
The triangle is closing within 2-3 days at 1h chart in the uptrend so I expect a jump soon.
I can’t imagine what could we reach if our developers announce something big (plan to segwit, lightning network, etc-etc).
so, the point is: “Who is buying?” I am! ;)
It is important that FTC does not announce any features such as seg-wit in order not to pump and dump the currency. Those of us admins scared by the UNOCs debacle will understand the importance of delivering first, then announcing it.
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@SimonTower Where do you suppose money is going to come into FTC when the main exchange closes? Another BTC-e like drop perhaps
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@Frozenace When FTC delisted from BTC-e, everybody moved to Cryptsy. When Cryptsy died, the volume started to grow at Bittrex.
We don’t need a completely manipulated exchange for FTC, I think. 19800 is almost a fake exchange with fake trades now but when the price is falling there the real traders at Bittrex are selling too. I opened a topic about exchanges, let’s work together to reach some real one!
edit: Check the BTC, ETH and some currencies at the site. It hasn’t any trades for days now and the prices are stucked (BTC at 7080 yuan, lol)
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@SimonTower Of course it’s good to have more exchanges on board to smooth out the price.
Having a discussion about real vs fake anything is pointless, because it’s not possible to prove the theory. The walls are too thin, hence the price moves around wildly.
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A bit offtopic, but Bittrex BTC withdrawal fee now - 0.001BTC. Wow…
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@Lordas What was it before?
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19800.com is down for 2 more hours because of upgrading/maintenance. Maybe they had technical issue and that is why the trades are halt in the last days.
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@RIPPEDDRAGON said in Who is buying?:
@Lordas What was it before?
Was 0.0002 BTC, that’s too small because fee was from 0.0003 to 0.0004, so they compensate from their own money. But 0.001 too much.
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@Frozenace Exchanges are good… We need FTC in the market, ATMs in stores, lag work showing businesses how to save over specific periods of time with FTC instead of Visa, mastercard debit transactions, etc. That is the only way to solidly grow FTC quitely
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@Lordas I heard there have been some people with a $10 transaction fee and it still takes hours… this is getting crazy.
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@AmDD said in Who is buying?:
@Lordas I heard there have been some people with a $10 transaction fee and it still takes hours… this is getting crazy.
Since old times I was sure that BTC is commodity not currency…
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@Lordas Damnnnnn yeah
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Re: BitInfoCharts
https://bitinfocharts.com/feathercoin/The Feathercoin chart on BitInfoCharts, from the 10 May is really weird, Why is the dollar price diverging?
FTC still follows the exact path = bitcoin , but they suddenly diverged, after a pump collapse …Dollar v Bitcoin
Bitcoin is going down? but why does FTC follow when it is has largely been traded with BTC?
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@wrapper
Prolly large volume of bots that have btc/usd parity value based triggers?
Or even bigger, whales with bots are trying to increase the spread, so they can later forage profits?
Also i have seen the same divergence in many altcoins lately, it could mean that people diversify cryptocurrency investments, especially with the current inflow of fiat investment into crypto. -
https://bitinfocharts.com/feathercoin/
Since the 16th May the USD and Bitcoin have expanded with a linear increase. Anyone spot why 10 May and the 16th May 2017 are significant?eg the WannaCrypt attack (Crypto False Flag) started on Friday, 12 May 2017.
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I found you can produce some customized charts, this one shows Feathercoin Transactions against Litecoin …
https://bitinfocharts.com/feathercoin/transactions-ltc-ftc.html
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Lol @bots going crazy right now