Creating a healthy uptrend - collectively
-
[quote name=“Markus11” post=“14559” timestamp=“1371187675”]
New wall @.00105 buildung up, actually 193k
[/quote]What’s with this “walls”? I know there’s a huge wall observer thread on Bitcointalk, but can you please explain in a few words the meaning of if? I never understood it.
-
Wall = Supporting Level
Look at btc-e Buy oders side[email protected] (biggest wall)
[email protected]+.00104
[email protected]Means 663k prevent ftc from falling under .00102 if we would trade at .00105
Actually we trade @.00111, means we have a 760k buy order wall, after that is soaked up, ftc could easily fall
-
Here we go, Buy oders thinned out, walls disappeared
Artificially propping?
The 300k wall was for real, many nibbled in it!! -
For the day traders, I understand this is important. For me personally, I try not to get into the psychology of the wall placement. If we’re still discussing .0008 - .0013 in the next 3 months, I would have just committed an ‘epic fail’ as my niece likes to say.
-
[quote name=“jeremiel” post=“14216” timestamp=“1371142266”]
[size=18pt][size=14pt]OMG!![/size][/size]
::)
Y’all haven’t been spending every waking hour for the last… what 4 days catering to my every wish? I’m appalled. :o
Why should I do everything!!??? :'( Which my postings and maybe bad manners!! :o
[size=14pt]SNAP SNAP.[/size]
I spent good money doing internet things sort of related to a crypto-currency which you are getting my money to do.oh wait…
no one’s paying you except you. Not me.
This for many is their spare time(lives).
This is the START of a project.
Limited resources because?? Start of a project. People are still joining.
Major problem was 4 days ago.
[/quote][img]http://www.reactiongifs.com/wp-content/uploads/2011/11/didntread.gif[/img]
[quote author=jeremiel link=topic=1758.msg14216#msg14216 date=1371142266]
seriously people. Expectations. What the devs and community have done here in this short amount of time is amazing. Bushtar and zero are great but let’s not try to put them above “the Woz” and that annoying facebook guy on turnaround. Those guys had major backing btw. Justabitoftime, keep doing what you are doing, the internet breeds impatience by design.Let’s keep all of our expectations “realistic.” Everyone needs to understand that what this community is doing with feathercoin is actually trying to solve some major crypto-coin problems without the resources of the major crypto-coin groups. They haven’t fixed those issues and they’ve been around for YEARS.
Any community attempt at trying to “purposely” manipulate the market will put us on the same footing as the attackers. I thought we were the better group? 8)
This community like a new linux distro forming. We are eventually going to see whether we will become either Red Hat, Ubuntu, Gentoo, Caldera, Corel, or OpenSUSE of the cryptos.
[/quote]
[img]http://www.reactiongifs.com/wp-content/uploads/2013/02/cleared-for-approach.gif[/img]
-
Actually we have 2 walls @.00106+.001- then FREE FALLING …
-
free falling …
-
Which is a positive thing. A correction was necessary after being propped up for so long.
-
Correction - based on what?
Could it be the relationship between profitable mining (on the sell side) and less interest because of missing awareness (on the buy side)?Maybe the minig difficulty is to low (sorry if im wrong but i have no clue about mining), jmo.
When will the difficulty rise? -
Based on it being propped up. When prices are held artificially at a certain level, once that hold is released, a correction will happen. That’s basic market forces at play.