Interesting fact is that the top 100 wallets hold ~50% of the coins. I guess this is similar to Bitcoin and Litecoin in the early days and to a lesser extent now. There seems to be plenty of demand for this coin even at 4000+ sat levels, but also people are willing to sell and take profits at this level. I must admit I kicked myself for not selling a couple of days ago when it spiked to 4300 as I could have rebought back in at 2500.
I am so surprised that Cryptsy haven't listed this coin yet with the huge volumes it is getting on Mintpal.
Also take a look at Darkcoin, this coin is a sleeping giant and I hold a few blocks worth for long term, but there seems to be no volume to it at the moment. I think this is because miners are stockpiling. It is definitely bucking the trend of most of the altcoins on the market (downward trend straight to the bottom). HeavyCoin also.
I am so surprised that Cryptsy haven't listed this coin yet with the huge volumes it is getting on Mintpal.
Also take a look at Darkcoin, this coin is a sleeping giant and I hold a few blocks worth for long term, but there seems to be no volume to it at the moment. I think this is because miners are stockpiling. It is definitely bucking the trend of most of the altcoins on the market (downward trend straight to the bottom). HeavyCoin also.
Heavycoin - got my vote on + // their algorythm is the best much faster than Darkcoin 5x faster and more anergy efecient.
My ring on scrypt 1600W
Darkcoin 1200W
HeavyCoin 750W
heavy is hurted because some people who made GPU miner they prbably mined before they have relised GPU miner and they have dumped large amounts of HVC on market.
heavy coin have much more effective algorithm than scrypt n or X11.
Not many GPU miners know even about Heavy... GPU miner have 5 days ? Official version 3days?
IMO heavy like Vert and dark can rebuild position but all copy script are domed.
With Heavy you can vote to cut supply if price is going down this is feature ^^
Anyway i am happy that BC is off from those problems.
PS:Coinwarz should change name to "coinstodump" it works that way. ,
When i see coin on top coinwars usualy that mean price fall. Even LTC.