FTC on BTCE, levels

[jubalix]

why is their so much btc on each price level on BTC-E vs other currencies, eg LTC on usually has say 4, 1, 0.3 or 2 btc, but FTC has 10, 20, 60, 50 etc.

I also noticed CNC was like FTC in this regard, PPC is between FTC and LTC


I just can't figure out why or what it means?

[jubalix]

bump help

[anderl]

why is their so much btc on each price level on BTC-E vs other currencies, eg LTC on usually has say 4, 1, 0.3 or 2 btc, but FTC has 10, 20, 60, 50 etc.

I also noticed CNC was like FTC in this regard, PPC is between FTC and LTC


I just can't figure out why or what it means?

There are a lot of bag holders when ftc was opened on BTCe much higher than it is now. They are doubling down to break even or try to turn their loss into a profit.

[Carra23]

The lack of decimal places is a factor.

[thef]

The lack of decimal places is a factor.

This. If someone buys at .0013 and sells for .00131, then they've made a small profit even with trading fees.

[jubalix]

why is their so much btc on each price level on BTC-E vs other currencies, eg LTC on usually has say 4, 1, 0.3 or 2 btc, but FTC has 10, 20, 60, 50 etc.

I also noticed CNC was like FTC in this regard, PPC is between FTC and LTC


I just can't figure out why or what it means?

There are a lot of bag holders when ftc was opened on BTCe much higher than it is now. They are doubling down to break even or try to turn their loss into a profit.

ok, i the hope it goes up....

I was thinking maybe all the 0.005 sellers, are supporting at 0.0005 - 0.0015 as they now have the FTC to do it haveing sold out at 0.005, and just cycle pump and dump in new waves of suckers investors

[ohiwastedmylif]

FTC is being manipulated again.

After the previous 51% attack some individuals created a regenerating wall at around 1.

This time they are more ambitious and bumped it up even higher.

You know a coin is severely pumped when nearly 50% of the buy support is within 10 points of each other and you see large buys like that.

Stay away, you can make some money but the risk is exponentially higher.

[jubalix]

FTC is being manipulated again.

After the previous 51% attack some individuals created a regenerating wall at around 1.

This time they are more ambitious and bumped it up even higher.

You know a coin is severely pumped when nearly 50% of the buy support is within 10 points of each other and you see large buys like that.

Stay away, you can make some money but the risk is exponentially higher.

I gotta say this was my feeling about FTC, and NVC is a the other end, so little on every levels......