Who is buying?

TrollboxChamp

Bought a few more at 12 to 1300. Seems cheap at this point

surfguy72

Had a friend loose 40% of his crypto holdings. Reminder: DON"T LEAVE MUCH ON AN EXCHANGE. Use 2-factor auth, and back all your encrypted wallets often.

Posting here to say, FTC is the coin he trusts in long term. So he’ll be cashing in his milk money to buy FTC and get back to where he was :)

AcidD

@TrollboxChamp said in Who is buying?:

Bought a few more at 12 to 1300. Seems cheap at this point

In the grand scheme of things… it’s very very cheap.

Moonman

@surfguy72
Which exchange?

surfguy72

@Moonman It was bittrex. So far, it appears to be a key-logging software that got him. He didn’t hold enough for anywhere here to be worried, just sucks to see anyone loose money that way.

Moonman

@surfguy72
Yeah its pretty sad :(
Always use a good antivirus people!

TrollboxChamp

@aciddude yup. 100k by summer 2018? :)

TrollboxChamp

Lots of ppl we could get onboard within the gpu mining community. Btc price bump has done mining wonders.

Moonman

Although i like the optimism, i really can’t see an ftc marketcap >20mil in 2017-2018. If you look at historical charts, even at overhyped periods for the coin, it did not surpass that number (not taking in account extremely short pump peaks).
The simplest way to speculate future value is to speculate how much fiat will flow towards ftc - how many people will give their money to buy ftc.
With a current circulation of about 165m coins, to reach a value of 100.000 satoshis, means a btc value of 0.001 = 2eur/ftc, a marketcap of 330mil.

I wish that would happen, because i would be an actual millionaire in that case, but to be honest, the possibility of reaching such numbers is pretty difficult.

On the other hand, a target of 10.000sats its actually possible, market cap of 30some million at current btc value, with ftc going to 0.2eur/ftc, now that i can imagine.

Of course there is the possibility of a sudden extreme rise of btc value AND people not insta-dumping their ftc, which is highly unlikely too.

AcidD

@Moonman

FTC back in the day was looked at as a P&D coin. also on BTC-E in 2013 FTC was where some traders “parked” their coins.

FTC is approaching it’s first official halving. I think some traders have already taken this into account if we are talking about the FTC price…

imho - we haven’t seen anything yet…

Moonman

@aciddude

I can’t hide that i am waiting for the halving with a great amount of interest!

Edit:
Guys, what are you speculating about the halving?

I guess due to supply lowering, prices will start to go up about 2-3 months from halving. What do you think?

TrollboxChamp

Somebody likes their ftc as much as i do.

AmDD

@Moonman said in Who is buying?:

@aciddude

I can’t hide that i am waiting for the halving with a great amount of interest!

Edit:
Guys, what are you speculating about the halving?

I guess due to supply lowering, prices will start to go up about 2-3 months from halving. What do you think?

Halving is about 1 month away.

TrollboxChamp

Im thinking pricing wont rise much for the halving. Maybe a bit before then a bit after it happens.

Very exciting to see FTC growing like this

AcidD

@TrollboxChamp said in Who is buying?:

Im thinking pricing wont rise much for the halving. Maybe a bit before then a bit after it happens.

Very exciting to see FTC growing like this

I think the halving has already been factored into the price if we dont count any silly pumps…

If demand continues then we should see slow but steady price increase if no one dumps for no reason…

TrollboxChamp

This might be the last days of FTC below 2k. I think were developing a new floor this last week.

wrapper

@AmDD nearly 28 Thousand views of your thread, wow … That’s like a hit record :) …

AcidD

Today’s volume is over 600K usd. Nice!!!

FlatBlack

@wrapper maybe dis already becoming as an ‘un-official’ references of FTC ‘bagholders’ / traders in ‘trading’ activities… :hugging:

Moonman

If ftc keeps going this way, i will probably quiy my dayjob before july :p