Now to anyone who bought on the basis of the various posters who vilified me and accused me of FUD - see what I was saying? Wait a few days, volume is declining, price will decline. I didn't disparage anyone else's viewpoint, but was myself disparaged - for what? In this case, being right.
Wait a few days. It's possible we're in for a whole of market downward correction. Whether we are or not will be obvious within a week. If we're not, buy back in. I believe this coin can do well in a strong crypto market. But we have to see if we're in for a whole of market correction first.
No, back spreading helpful honesty. Yes, volume is declining to mean, or a bit below what mean has been the last three weeks or so. That is a massive drop in volume from that over the previous few days' pump. The decline in volume indicated to me price drop likely, ie. why I said "wait a few days" instead of your suggestion to "buy". In fact I was correct, it's now just below $14 on bittrex, which is a 15% plus decline. A week ago it was worth about $11.50 - I think that is probably a reasonable floor. I'd probably even buy in at $12.
I'm a long term holder too, but happy to correct unwarranted purchasing advice made on a public forum that contradicts known technical fundamentals of cryptographic currency markets - namely, the tendency for price to rise with an increase in volume and decline with a decrease in volume.
He says "good time to buy", probably because he wants to sell. Volume has dropped from about 5.7 million per day to 2.7 million per day, that means the present pump is finished, and the dump underway. This means it's a bad time to buy. Wait a few days and see what it dumps down to, and pick up coin then.
Significantly declining volume is always a very bad sign for price.
BITTREX Price Manipulation.
Why Bittrex still use bot to manipulate the price ? The trade fees is not enough ?
3 USD / 18.6 % price discrepancy is to much !!!
Good Zcoin buying time. Current research indicates that some coins that trade in cny may have 10%-15% higher ranges vs the polo/bittrex exchanges. China volume is much higher than Bittrex (3x-4x). They (Chinese) are unlikely to let it slide much, if at all, as zcoin tech advancements trigger price jumps.
Excited to hear how the zcoin testing is going on the testnet?
Back to spread more FUD are you?
I said good time to buy because the price is down, and I believe China interest and volume will not let it fall too much...which appears to be the case. Volume is where it was about a week ago, and hasn't dropped off from that point. It is down from the 2 or 3 day surge, which was from new investors taking positions. Every Zcoin holder believes there will be many more surges to come .... and every pull back will be a good time to buy. The zcoin tech is exciting - I have no plans to sell any of my coins any time soon.
