Who is buying?

Loyal2FTC

This post is deleted!

Moonman

@lizhi said in Who is buying?:

No, I don’t think so. I hope you hold your money until I say let’s go.

Thanks for the heads up! Is the time near? ;)

Loyal2FTC

My cursor is on the buy button :)

Moonman

@Loyal2FTC
Same here :p

ChekaZ

Also buying slowly ;)

sradics

I’m in too :-)

ghostlander

The question is who’s selling :) There are only 115K FTC produced daily while the sell pressure is much higher.

sradics

@ghostlander said in Who is buying?:

The question is who’s selling :) There are only 115K FTC produced daily while the sell pressure is much higher.

Looks like pressing down the market to later on collect coins when people followed. Don’t see a strong supporting even with the current low price. 75k wall could be removed fast. Interestingly market is not yet following downwards that heavy.

ghostlander

It could be the Cryptsy receivership liquidating slowly their 3M FTC.

sradics

what a pump and dump on bittrex - crazy - from 0.00001490 to 0.00001117 with an immediate sell of 250k FTCs - I guess many people lost some coins

kelsey

@ghostlander said in Who is buying?:

It could be the Cryptsy receivership liquidating slowly their 3M FTC.

starters cryptsy’s receivers wallet is over 6 M ftc, but anyways no that isn’t the one being dumped,

RIPPEDDRAGON

@sradics said in Who is buying?:

what a pump and dump on bittrex - crazy - from 0.00001490 to 0.00001117 with an immediate sell of 250k FTCs - I guess many people lost some coins

honestly 250k isnt that many coins these days

sradics

@RIPPEDDRAGON you’re right but based on the volume at bittrex it was at least significant ;-)

ghostlander

@kelsey You’re correct, 6133K FTC. That’s quite a lot anyway.

bsotnikow

The simple alt coin strategy that usually works:

Only buy into projects that won’t be disappearing any time soon. (History, Devs, Dedicated Community)
Buy when they near all time lows against BTC.

kelsey

not trying to send it either way, but the trend is your friend.
unless something big fundamental is in development the trend seems to be down down down.
of course there is always the chance of an out of no where pump that seems to happen in ftc from time to time (pity that can’t be maintained to an up up up after as ftc even at this years peaks is grossly undervalued for what once was a top 3 coin).
but for now :(

mirrax

Which one is safe wallet to use?

Moonman

I always observed that there are many people that are spreading out their cryptocurrency investments in altcoins. Especially during times of large btc price increase, when the increased price climb and volatility provides more opportunities for profit. Feathercoin has always been one of those coins with a huge potential of the price skyrocketing, even a single pump can take the market cap ftom 1mil to 5-10mil usd.

One of the things that would make it easier for feathercoin to enjoy its former glory, is to pay more attention to the ftc website that is broken in certain spots (minor details can show integrity to newcomers), more media coverage in more traditional web media (blogs, news outlets) as well as more modern (social media, crypto forums).
There is a variety of ways the above can be achieved, so ftc can gain a wider supporter and investor base.

sradics

I agree with the update for the Feathercoin page. Especially the features like NeoScrypt and maybe much more? that is a differentiation to other coins would be really important to mention. I’m honest - I lost track about the changes in Feathercoin.

I would volunteer to contribute!

AmDD

And with this dip, Im out of coin for the month. I’ll just be watching for the next few weeks.