86 BTC buy wall for BBQ on bter

[str4wm4n]

that's quite a bit of buy pressure.

will we be seeing a price rise soon?

[TheSwede75]

that's quite a bit of buy pressure.

will we be seeing a price rise soon?

You do realize that the only reason for someone to place a buy-block that large is to attempt to keep a security from falling right? If he really wanted to buy over a million BQC he would split the order up. More likely a sign of weakness then anything else.

[redream]

I certainly hope so!

[spoid]

also, adding the next decimal is not possible with the standard interface.

[str4wm4n]

that's quite a bit of buy pressure.

will we be seeing a price rise soon?

You do realize that the only reason for someone to place a buy-block that large is to attempt to keep a security from falling right? If he really wanted to buy over a million BQC he would split the order up. More likely a sign of weakness then anything else.

It says count 9, which I think means there are 9 different accounts with buy orders at that price.

[BitJohn]

go BBQ coin good luck guys!

[iGotSpots]

It means 9 people have orders at that price, and I am one of them

[TheSwede75]

that's quite a bit of buy pressure.

will we be seeing a price rise soon?

You do realize that the only reason for someone to place a buy-block that large is to attempt to keep a security from falling right? If he really wanted to buy over a million BQC he would split the order up. More likely a sign of weakness then anything else.

It says count 9, which I think means there are 9 different accounts with buy orders at that price.

No, it means that it's 9 different orders. Most likely from the same account. Even if not, you realize how easy it is to run multiple accounts via trading API right?

[BitJohn]

looks like support to me

[Jakewell]

Its a big wall, even for LTC at btc-e can be big.

[dotcoin.info]

is there some good news we do not know? few days ago, some idiot just bought 600k BBQ on bter. and this buy wall seems funny.

maybe some insiders know something we do not know.

let's see what will happen

[digger]

want to mine BBQ?

it's easy to mine.

come here http://bbq.ltcoin.net

[iGotSpots]

9 orders, whatever, you know what I meant

[Nolo]

In theory someone could make a whole lot of BTC off of these coins.  Most people like using BQC because they are so liquid, quick to confirm, and difficulty is quite low to mine. 

Since it is such an old coin, there are only so many BQC that are still active.  I believe many were probably lost or accidentally destroyed during the time the coin was dormant.  Whoever purchased a bunch up to .0001 had the right idea, but he would have been better served buying all the way to .0002.  That way he buys all the cheap coins, and then can start selling them at who knows what price, because there aren't many on bter that are listed above .0002.  The bulk seem to be in that .0001-.0002 range.  And these are the dumpers who don't really care about the coin. 

For example, I have alot of BQC, but there's no way I'm selling them this cheap.  Just believe they'll eventually rise. 

[str4wm4n]

quite a bit on action going on

[iGotSpots]

Now is the time to dump it if you're going to do it for 6

[iamrickrock]

also, adding the next decimal is not possible with the standard interface.

Actually you can add the last decimal if you type the number and hit the tab key really quick

[Tittiez]

Now is the time to dump it if you're going to do it for 6

The time to dump was when it was at 0.0003, now is the time to hold.

[TruthTaco]

It means 9 people have orders at that price, and I am one of them

Why would you put your order at the same price as a 86 BTC order?

[caish5]

Something is afoot!
Best get mining people.
http://bbq.caish5.com