Who is buying?

kelsey

sounds like the old faithful buy high sell low strategy ;) seriously though whats everyones bottom prediction, generally always been a 700 sat holding point (well maybe cause thats when i buy lol)

sradics

Still with some reserves and waiting for @lizhi BUY signal ;-)

sradics

Is there someone using trading scripts for Bittrex? Seems they have a strong API and one could automate a lot of trading to cover next P&Ds.

Or what is you strategy beside staying awake and using ubersleep to cover a nearly full time range ;-)

Moonman

@sradics
Even with cheap website hosting packages you can use crontabs to ping bittrex through their api to retrieve a price index. From there you can write those prices to tables, write a script that checks for price changes/variation/barrier breaks, another script that will send you an email warning when a condition is triggered.
The only issue is how frequently you can make requests (from your side + bittrex side).

AmDD

@kelsey haha! You know Im good at that, I never can buy at the right time so I just buy a little on each drop.

I was actually going over my finances last night, with the holidays coming up I may have to put my crypto dealings on hold until the first of the year. By then, however, I’ll have two personal loans paid off which will give me more spending money each month.

Moonman

@AmDD
I feel you bro, completing loan payments is one of the best feelings ever

https://youtu.be/Kl-ZqQ_InX8

kelsey

@AmDD yes i’ve observed in the past often a sell off in crypto around christmas; obviously people needing money for that time of year.

wrapper

A friend of mine (not a programmer) was asking about selling / exchanging some coins I helped him mine. What’s a good way to turn Doge to FTC now?

RIPPEDDRAGON

@wrapper

Sell: https://bittrex.com/Market/Index?MarketName=BTC-Doge
Buy: https://bittrex.com/Market/Index?MarketName=BTC-FTC

Too bad https://shapeshift.io/ never implemented FTC

Wellenreiter

@RIPPEDDRAGON said in Who is buying?:

@wrapper

…
…

Too bad https://shapeshift.io/ never implemented FTC

They did… for some month, then FTC disappeared again, I think it was around March/April, when we had the BC fork

sradics

Interesting buy wall constellation on Bittrexup to 350k coins in a narrow price range, but it is not moving the price upwards - I guess some people already learned how fast such a wall can get removed followed by a fast downward move.

AmDD

@Wellenreiter said in Who is buying?:

@RIPPEDDRAGON said in Who is buying?:

@wrapper

…
…

Too bad https://shapeshift.io/ never implemented FTC

They did… for some month, then FTC disappeared again, I think it was around March/April, when we had the BC fork

I thought it was when the site was hacked and they closed it for a bit, slowly re-adding wallets. FTC never was added back. :(

Wellenreiter

@AmDD
that’s also a possible reason. :(

Mansuetus

Nevertheless, Feathercoin has an excellent liquidity. All existing coins can be sold at once on Bittrex and they find a buyer :)

Moonman

What are your current expectations from trading and/or mining?

lizhi

Keeping the focus

Moonman

@lizhi said in Who is buying?:

Keeping the focus

Thats so deep :p

sradics

@Moonman Would be interesting to see survivors and wiped out coins. With currently being on position 73 regarding market volume shown by coinmarketcap FTC is at least not on vogue but also still alive ;-).

It is among the 10% of the top coins out of 709 coins listed in total.

Some volume numbers

Nr. Dead coins - e.g. all with “LowVol” (seems to be below $100/day) = 297 coins
Nr. nearly dead coins (trading volume below $1000/day incl. low volume) = 509 coins
71% trading volume between 0-$1000/day
85% trading volume between 0-$7000/day
with $7593 for FTC - not that bad

Percentile regarding market cap

59% are in the range between 0-$10,000.00
84% are in the range between 0-$560,000.00
88% are in the range between 0-$1,000,000.00
With $1,250,000.00 - FTC is really still in the top range!

Data based on this google sheet

In addition I’m not aware of (m)any specialities (is neoscrypt one) and ongoing innovations. Asking again - What is special about feathercoin?

Expectations - much more coins will die. FTC will survive ;-) and get back to Nr.3 - (ok - this is more a hope).

Moonman

@sradics
Ineresting views and i sort of agree with most of them. One point i might diverge a bit from is that the adoption is based on innovation and practicality of application. I usually observe media trends pulling people to a coin, as well as orchestrated pump and dumps.

After the neoscrypt switch, i feel that feathercoin is staying sort of behind regarding media attention (feathercoon website redesign-update, social media, internal and external forum presence, media outlet promotion through articles, etc.)

Although i am a feathercoin holder for years now, i recently started posting on the forum and feel that would gladly offer my assistance with those issues if i had the time. Unfortunately my free time is usually extremely scarce and i suppose i could not very activly contribute due to that, although i am willing to help when i can.

If any feathercoin devs/managers see this post, could i offer any assistance in those fields?

Wellenreiter

@Moonman

Most, if not all of the team members are in the same situation as you, where the spare time is very rare.
That is the main reason for some of the delays in projects and missing presence in the external forums and the social media.
For example the re-design of the web site is ongoing for more than a year now and making very slow progress.

Therefore I really appreciate your offer for help.
Can you send me a pm, so we can discuss how and where you could give support best?