cloudboy
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April 20, 2014, 02:51:33 AM |
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Just panic bought some more Whitecoin. How high will it go???
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xingming
Sr. Member
Offline
Activity: 322
Merit: 250
Writing to dispel society's myths.
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April 20, 2014, 02:56:28 AM |
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Buy walls evaporated, crashing through the 1600s. Will easily hit 1600 and possibly go lower.
go down more 1000 sat by tomorrow china time!
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chunkypools
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April 20, 2014, 03:06:11 AM |
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If you're looking for consistent returns and a long term plan for after the PoW stage from your pool, consider giving chunkypools.com/wc a try. We're proud of our supportive community, custom user interface, and many unique features. Give us a shot, we promise we won't let you down. PS: we also operate a very unique crowd sourced trading group.
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jamieb81
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April 20, 2014, 03:25:17 AM |
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That rally was quickly snuffed out and now and it's down to 1650 satoshis again. The news about waffle pool getting ready to dump 6 million white coin is going to really crash the market... At which point I'll buy Tonight is simply a very bad time to buy, youll be giving your money to waffle pool. setting some low buy walls is not a bad option right now 1200 / 1300
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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April 20, 2014, 03:29:41 AM |
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sell cheap newbies ... i want double my BTCS +1 sometimes it's too easy to double or get 1.5 times more when the newbies panic sell +1
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jamieb81
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April 20, 2014, 03:33:23 AM |
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Waffle pool just dumped a little over 100,000 white coin on mintpal, I saw it happen right at the same time their "unexchanged" number dropped. Pushed the market down to 1600 satoshis.
Getting the popcorn out... Gonna be a long night for bag holders.
Yes I sold out this afternoon, made a nice 45% profit. going to bed now, it's late here or should I say early lol. tomorrow is a new day we will see then
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cointradero
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April 20, 2014, 03:35:03 AM |
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that's a big sell wall.
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jamieb81
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April 20, 2014, 03:37:04 AM |
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that's a big sell wall.
multipool
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CatKiwi
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April 20, 2014, 03:37:40 AM |
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What a scumbag move - 23.48 low ball sell wall. fuckers.
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cointradero
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April 20, 2014, 03:38:04 AM |
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that's a big sell wall.
multipool Really not in their interests to do that either.
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MinerP
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April 20, 2014, 03:39:01 AM |
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that's a big sell wall.
multipool thats not a multipool... sigh
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roastbeef
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April 20, 2014, 03:40:16 AM |
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cointradero
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April 20, 2014, 03:43:29 AM |
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that's a big sell wall.
multipool Actually that's just people panic selling cause of the waffle news, unless another multipool is doing this as well. I have no idea. 6 million of waffle pool's coins are unconfirmed, they're only selling 100-200k at a time as they become confirmed. I'd say the 24 BTC sell wall is simply a whale who heard the news. Going into the 1400s now. You only put up a wall like that if you don't want to sell them. The point is to drive the price down.
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xingming
Sr. Member
Offline
Activity: 322
Merit: 250
Writing to dispel society's myths.
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April 20, 2014, 03:44:41 AM |
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set my 32 sel wall
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seattletu
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April 20, 2014, 03:45:57 AM |
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i told you guys last night when it was at 2200 satoshi that this would happen. there are still too many coins being minted to sustain those prices in the short term. you will be able to pick these coins up cheaper tomorrow and monday. maybe by tuesday or wednesday the price will start stabilizing.
i'm still looking to buy at 1200 satoshi, but it might go lower.
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tripster69
Newbie
Offline
Activity: 56
Merit: 0
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April 20, 2014, 03:46:54 AM |
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Looks like I bought in at the wrong time!! I presume whales preparing for a huge pump? Noob trader looking for advice. What would a reasonable sell target be for the next week?
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cointradero
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April 20, 2014, 03:51:23 AM |
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that's a big sell wall.
multipool Actually that's just people panic selling cause of the waffle news, unless another multipool is doing this as well. I have no idea. 6 million of waffle pool's coins are unconfirmed, they're only selling 100-200k at a time as they become confirmed. I'd say the 24 BTC sell wall is simply a whale who heard the news. Going into the 1400s now. You only put up a wall like that if you don't want to sell them. The point is to drive the price down. This makes no sense, why would you want to drive price down if you own that many white coin? Anyways sell wall removed and lots of big sell orders happening. Waffle pool just dumped another 150,000+ I don't know, maybe they are wanting more for some reason. All I know is when an order shows up like that on any coin, the buyers / sellers always panic and try to buy or sell on the other side of the wall. It always happens like that. The wall hardly ever gets touched unless it's put up during a massive pump or dump.
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tripster69
Newbie
Offline
Activity: 56
Merit: 0
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April 20, 2014, 03:54:32 AM |
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I bought in at 2200 (ouch) shall i sell and accept my losses? Or how long should i expect to wait to sell at my initial buy-in price??
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jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
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April 20, 2014, 03:58:45 AM |
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How do you know that it is WC that Wafflepool has to sell?
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CatKiwi
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April 20, 2014, 04:02:03 AM |
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I bought in at 2200 (ouch) shall i sell and accept my losses? Or how long should i expect to wait to sell at my initial buy-in price??
I hate to say it cause that's quite a loss, but selling now and buying when it's dirt cheap after the waffle dump is the best idea. Waffle pool is dumping 6 million white coins. Yep sell em off wand buy back in after the dump. 92 BTC worth of Whitecoin to be dumped and that by Waffle pool alone. The panic selling that will occur by those who haven't realise what this going to happen will be quite devastating to the price. Probably settle somewhere betwee 1000 and 1200 sat I would think - depending on how much people want to pay of course.
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