someone said 2nd of August POW ends.. is this true ? I have pretty much shifted scrypt devices to mine redd, difficulty level is still within range, who knows tomorrow (hence I made the purchase just in case, I also saw large volume on cryptsy at the level I have not seen before or very rarely) it is all very exciting
Proof of Work(PoW) ends around 7pm UTC, 2nd August 2014 at 260799 and Proof of Stake Velocity (PoSV) starts at 260799.
This is an approximate time of reaching the PoSV block 260800.
Yes the big buy walls in Cryptsy at these levels are a good sign of accumulation and base building at the range 30 - 40.
More or less Redd need some days consolidation at this stage to jump into the 100Sat levels.
At this time its a sure shot buy for redd coin if you are a bit late. Those who already have and like to add can get some at these levels.
thank you very much