Who is buying?

sradics

@ChekaZ Thx for the info. How did you calculate that?

kelsey

@kelsey I mean I have two addresses pointing to exactly the same account? (the same private key). I discovered it at https://bitinfocharts.com/de/feathercoin/ while I was checking for my address.

sorry i can’t explain it better, but yeah its normal in crypto.

kelsey

well seems still on this down trend, as previously stated that’s no shock to any of us following the ftc market.

any prediction of a bottom?

my guess has always been around the 700 sat area, close to that now.

RIPPEDDRAGON

Its all manipulation by one large seller on bittrex it seems. Any large sell walls are eaten nearly daily almost all at once. Once we stabilize through the manipulation we will start rising slowly. If you want to buy into FTC this is your opportunity to invest a lot while its low it seems!

kelsey

@RIPPEDDRAGON yes large buy walls getting dumped right through. if they where just naturally unloading they’d wait for a bit of a recovery between small sell downs, but its being purposely driven down.

guess on the bright side oneday they’ll buy back up (at as low as they can get it) then pump it all over again (like in recent history).

Moonman

Bump for the fun of it :p
Are you buying guys?

Moonman

Zzzzzzzzzz…

AcidD

I’m buying small amounts, I also mine so :-)

Wellenreiter

@Moonman said in Who is buying?:

Zzzzzzzzzz…

RING :clock1: RING :clock1: RING :clock1:

Moonman

@Wellenreiter
“Are we there yet?”

:P

Moonman

Big marketcap/volume jump right now

Moonman

I believe i am not the only one here buying these cheap feathercoins OMNOMNOM :euro: :euro: :euro: :euro: :euro:

AcidD

With the Bitcoin price skyrocketing - now is the best time to be buying…before it’s too late :-)

looarn

What is the strategy ?

I mean BTC going high, I better keep it.

FTC going also high, not the right time to buy ?

AcidD

from what it looks like to me, people are jumping on the BTC price rise and actually selling FTC for BTC.

anything under 1000 sats is a good buy for me :-)

looarn

Hum you bet on the leverage effect if I understood well ?

A high BTC make the altcoin low, when this gonna inverse, then the leverage gonna put the altcoin high.

I think this is a bit risky, as we don’t know when BTC gonna finish its rise.

And the altcoin chart are also link to their own life. So not only the leverage.

EDIT : For instance, with all the annoucement on FTC going live in January, we can expect a rise. :)

AcidD

@looarn said in Who is buying?:

Hum you bet on the leverage effect if I understood well ?

A high BTC make the altcoin low, when this gonna inverse, then the leverage gonna put the altcoin high.

I think this is a bit risky, as we don’t know when BTC gonna finish its rise.

And the altcoin chart are also link to their own life. So not only the leverage.

Heh, it used to work like this for Litecoin back in the day.

But to be honest - I’m long on FTC…like very very long. Would probably only sell in the year 2020 :-) or never, I want to be able to spend my FTC in a shop one day.

AmDD

Ive got some low orders placed… A few have been placed over the last few weeks but Im planning on the BTC price driving down alts so my other orders will go through.

Moonman

@aciddude said in Who is buying?:

from what it looks like to me, people are jumping on the BTC price rise and actually selling FTC for BTC.

anything under 1000 sats is a good buy for me :-)

Yeah, buying under 0,007€
alt text

kelsey

@aciddude said in Who is buying?:

@looarn said in Who is buying?:

Hum you bet on the leverage effect if I understood well ?

A high BTC make the altcoin low, when this gonna inverse, then the leverage gonna put the altcoin high.

I think this is a bit risky, as we don’t know when BTC gonna finish its rise.

And the altcoin chart are also link to their own life. So not only the leverage.

Heh, it used to work like this for Litecoin back in the day.

But to be honest - I’m long on FTC…like very very long. Would probably only sell in the year 2020 :-) or never, I want to be able to spend my FTC in a shop one day.

same i am very long in my core crypto holdings. i don’t cash out to fiat, (i trade but in between coins), always keeping my core holdings in a few (like ftc) waiting for a time when its easy to shop with etc.

thats the whole goal of these or there’s been no real point. alternative to fiat’s the aim not a fiat token to gain more fiat.

manage to pick up more today and the last few days (feels like today i was the only buy walls lol), always predicted (like others here) 700 sat, so 600 sat type buys i’m most happy to take.
most who’ve been around 2013 etc know alts fall bigtime when BTC rallies properly, but the good ones should rebound and sometimes massively.

i still think ftc has a big crypto future, no ones ever answered my “purpose of ftc” fully yet; but its there.

here’s to a great 2017 for ftc (and other non scam cryptos).