Who is buying?

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

xonar

@Moonman woooo… top man :D

shadow1117

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 -.-

ChekaZ

@shadow1117 shouldnt sell on a rise like that, not good for daytrading tho.

shadow1117

@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 :-)

Moonman

@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?

shadow1117

@Moonman its looking better now made 40 ftc with trading in the last hour hopefully they stay with me :-)

Moonman

@shadow1117
Trading is an exciting thing, but only use logic - not emotions and never invest more than you can afford to lose. Always remember, the difference between an investor and a gambler is only their emotional state ;)

Also, sharpen your trading technical analysis skills, it will be very helpful! (Just google for resources, there is a ton of free articles, databases, videos etc)

shadow1117

@Moonman its just a game for me i investet about 3€ or 4€ on my electrical bill so this rise is paying out so far, i aquired some skills in the past i like this trading game type stuff somtimes i just buy 30 or 50 euros for forex or cfd trading and quit as sonn as i have lost all or won 10x of the investment :-)

but this crypto currency market is completely crazy… at least its slow so reacting is easy

woo if this round pays out i have beaten my mining rig with trading :-)

ok i 3dprint a phoneholder now my arm is getting tired holding my phone for watching AOE2 livestreams while watching FTC rise to the stars

Buy and hold, never sell. best strategy.

Moonman

@Indalo
Buy high, sell low, cry buckets is the best strategy :p

xonar

“never sell” is my key…

Mr_Metaphysical

@aciddude Super cheap… Still cheap at $ .099 once adoption happens and the network is accessible to consumers this will be an unbelievable price point.

AcidD

@tmetaphysical said in Who is buying?:

@aciddude Super cheap… Still cheap at $ .099 once adoption happens and the network is accessible to consumers this will be an unbelievable price point.

Yes, and if you go to
http://coinmarketcap.com/currencies/views/all/

You can see the CryptoCurrencies and filter out all the trash… You’ll see FTC is 67th Place! (at time of writing this…)

It’s great to see really, I just hope this momentum stays with us after the halving.

kelsey

ok this slowish (for crypto) build in price and volume looks promising. obviously driven by block halving, but potential to rise it to the next level and get ftc more notice.

AcidD

@kelsey it does feel a bit slow.

Support seems to have built around the 2800 - 2900 sat mark.

at time of writing there’s ~10461 blocks left

Avg block times from March till June ~1 min 3 seconds

10461 blocks remaining * 63 seconds = ~ 7.6 days from now so we are looking at ~ July 9th for the halving.

wrapper

What are they buying with?

90 % BTC
8% Chinese Yuan

Coingeko
https://www.coingecko.com/en/coins/feathercoin/trading_exchanges

mkxjinshan

@wrapper 19800.com is the main market of ftc in china.