Feathercoin on the rise :-)
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No no, what I mean is when mining Vertcoin, my hashrate drops by more than half.
I get the normal 750khash when mining FTC and DOGE.
Anyway here’s my miner settings for Vertcoin.
-I 13 -g 2 -w 256 --thread-concurrency 8192 -
The buy wall on BTC-E has grown to 1200 BTC… 4 million FTC.
Is there something to be worried about? One side of me says, great, someone or group won’t be pulling their money out anytime soon buying at .0004, but at the same time, this person/group is buying up a vast quantity that could potentially sway their market to their whims.
Things that make you go hmmm…
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I think they will withdraw the [email protected] buy order pretty soon so in the mean time they could sell a lot of FTC @ 0.00041/42…
After that it will drop back to 30-ish… and thats when i’ll be buying back :-)We’ll see…
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[quote name=“surfguy72” post=“58509” timestamp=“1392139265”]
The buy wall on BTC-E has grown to 1200 BTC… 4 million FTC.Is there something to be worried about? One side of me says, great, someone or group won’t be pulling their money out anytime soon buying at .0004, but at the same time, this person/group is buying up a vast quantity that could potentially sway their market to their whims.
Things that make you go hmmm…
[/quote]When I consired how much FTC whale absorbed at 0.0004 I think it is quite safe to buy now. Unless whale is stupid, he(she/they) have to pump it much more to make some profit.
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[quote name=“mirrax” post=“58519” timestamp=“1392141398”]
[quote author=surfguy72 link=topic=7536.msg58509#msg58509 date=1392139265]
The buy wall on BTC-E has grown to 1200 BTC… 4 million FTC.Is there something to be worried about? One side of me says, great, someone or group won’t be pulling their money out anytime soon buying at .0004, but at the same time, this person/group is buying up a vast quantity that could potentially sway their market to their whims.
Things that make you go hmmm…
[/quote]When I considered how much FTC whale absorbed at 0.0004 I think it is quite safe to buy now. Unless whale is stupid, he(she/they) have to pump it much more to make some profit.
[/quote]Thanks Mirrax, I was starting to think the same thing. I can come up with alot of situations how this a good thing, and unless this person/group proves to be foolish, they are getting heavy into FTC due to some good knowledge of its adoption.
With so much BTC news hitting main stream, its time for Alt Crypto’s to drop their “Alt” and become more widely adopted.
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Has the whale gone?
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[quote name=“MrWyrm” post=“58669” timestamp=“1392207252”]
Has the whale gone?
[/quote]Yes, but there’s a giant 1900 BTC sell wall now at 0.00041
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What will the effect of the sell wall be?
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possible price decrease as it will look to the untrained as if everyone is selling.
also if buy wall is gone there is less resistance to the sellers
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Whale back again at the same price?
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2.5k sell order at 0.5 and a 1.9k buy order at 0.4 :-\
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I’m not familiar with the rules of this chess game. I think doing a Rip Van Winkle is in order.
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Im not either to be fair I think even with the large player(s) whales making noise the market is still very unpredictable.
I think it was more of the intention of the whale I was getting at. although if he is buying and selling big who knows what’s going on?
Is he trying to stabilise the market for us. (lets hope so)
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I have to admit, this whale IS an idiot.
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[quote name=“Pancrisp” post=“58670” timestamp=“1392207468”]
[quote author=MrWyrm link=topic=7536.msg58669#msg58669 date=1392207252]
Has the whale gone?
[/quote]Yes, but there’s a giant 1900 BTC sell wall now at 0.00041
[/quote]That’s not the way to pump it! Had he waited until next week before removing sell wall, he’ll profit.
Stupid whale LOL
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How do we know it’s a single whale?
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[quote name=“MrWyrm” post=“58695” timestamp=“1392213616”]
How do we know it’s a single whale?
[/quote]There’s no way he’d have a girlfriend if he’s doing crap like that.
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[quote name=“mirrax” post=“58691” timestamp=“1392212948”]
I have to admit, this whale IS an idiot.
[/quote]Soaking up so much at .4 and now selling them all at .41 LOL
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[quote name=“Pryderi” post=“58700” timestamp=“1392215137”]
[quote author=mirrax link=topic=7536.msg58691#msg58691 date=1392212948]
I have to admit, this whale IS an idiot.
[/quote]Soaking up so much at .4 and now selling them all at .41 LOL
[/quote]Price will drop before he even have a chance to sell…
but could he be wanting the price to drop by setting the sell wall, and then buy even more later?
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[quote name=“MTRisner” post=“58697” timestamp=“1392214150”]
[quote author=MrWyrm link=topic=7536.msg58695#msg58695 date=1392213616]
How do we know it’s a single whale?
[/quote]There’s no way he’d have a girlfriend if he’s doing crap like that.
[/quote]Hahahaha
