Who is buying?
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@aciddude yup. 100k by summer 2018? :)
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Lots of ppl we could get onboard within the gpu mining community. Btc price bump has done mining wonders.
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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.
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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…
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@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?
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Somebody likes their ftc as much as i do.
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@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.
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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
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@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…
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This might be the last days of FTC below 2k. I think were developing a new floor this last week.
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@AmDD nearly 28 Thousand views of your thread, wow … That’s like a hit record :) …
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Today’s volume is over 600K usd. Nice!!!
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@wrapper maybe dis already becoming as an ‘un-official’ references of FTC ‘bagholders’ / traders in ‘trading’ activities… :hugging:
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If ftc keeps going this way, i will probably quiy my dayjob before july :p
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@Moonman woooo… top man :D
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omg… i was trading with my first 300ftc for 4 days,
i have now about 400 now but the rising is trolling me hard :-(.
i thougt no way its going over 2400 and it did go… then i thaugt no way it will go over 2800 and it did and so on…sooo little win for me :cold_sweat:
and again trolled -.- -
@shadow1117 shouldnt sell on a rise like that, not good for daytrading tho.
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@ChekaZ yeah i know but im just trying to pump a little with the rising ripple… works somtimes
it dosnt matter the coins are just gambling money if i loose it i had at least fun with the trading game :-)
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@shadow1117
Don’t worry, every increase in your holdings is a good thing :)@ChekaZ
I honestly did not expect such a pump :p
Any current expectations on trend/and or/reversals? -
@Moonman its looking better now made 40 ftc with trading in the last hour hopefully they stay with me :-)