A proposal to this community
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[quote name=“ChekaZ” post=“53696” timestamp=“1390330520”]
[quote author=motherlode1 link=topic=7046.msg53695#msg53695 date=1390330270]
[quote author=mmyhre link=topic=7046.msg53693#msg53693 date=1390329402]
With the massive buy support at 0,00036 a move is bound to happen one way or another. I do not think a breakdown is very likely, but if the buy wall fails we could very well hit 0,00030 real quick.The other way whom is the more plausible way would have us see a very quick move towards 0,00060. Break that and we could have a very very funny rally.
Picked up 3000 FTC yesterday and thinking of picking up more today.
[/quote]http://i.imgur.com/DPh73X1.png
Look at the volume of FTC and then look at the first buy order. It is for 244 BTC. Its been there for a while now. If this is a real buy order that means that this man plans to basically buy half a million FTC essentially clearing the exchange of any FTC volume. 5 FTC says that half the buy orders are fake. Another 5 FTC says that this order will not go through. Send me your wallet address if you want to take part in this small bet with me.
[/quote]This buywall is definitly real. I’ve watched the progress and its eating the sells, and stays like a “wall”.
[/quote]http://i.imgur.com/WvZmWGZ.png
Told you it was fake. Been sitting like that for an hour. By now it would have been confirmed. The order meets both volume and price.
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It’s 14 BTC lower than your last pic so it seem to be still eating the sells and it will only do so as FTC becomes available at 00036, so unless someone put a sell order of of 635,000 FTC at 00036 right now the wall isn’t going anywhere quickly. If someone sells 1 BTC worth of FTC at 00036 right now it will sell into that wall and reduce it by 1 BTC.
So goes my understanding if it at any rate.
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[quote name=“ryan176” post=“53777” timestamp=“1390341256”]
It’s 14 BTC lower than your last pic so it seem to be still eating the sells and it will only do so as FTC becomes available at 00036, so unless someone put a sell order of of 635,000 FTC at 00036 right now the wall isn’t going anywhere quickly. If someone sells 1 BTC worth of FTC at 00036 right now it will sell into that wall and reduce it by 1 BTC.So goes my understanding if it at any rate.
[/quote]Ah yes I just noticed that. Thanks for pointing it out.