I like you a whole lot better when you are being optimistic and mannerly.
If you really mean to push the price higher, you'll need people to work together. Pick one exchange and have everyone be on that exchange at about the same time. Everyone buys some LTCD immediately from the sell orders (don't put in low buy orders that wait to be filled). Even if each person only buys 0.02BTC, the price will be moving upward. Very likely, other people on the exchange who aren't part of the community will see the candles and decide to start buying. The price will be going upward even more.
The thing is, the price will gradually begin to slip back down over the course of a few days, if history repeats itself. This isn't yet the proper time for the price to stay up. Right now, the general trend in many coins is heading downward for various genuine reasons. So don't expect a miracle today.
If you really mean to push the price higher, you'll need people to work together. Pick one exchange and have everyone be on that exchange at about the same time. Everyone buys some LTCD immediately from the sell orders (don't put in low buy orders that wait to be filled). Even if each person only buys 0.02BTC, the price will be moving upward. Very likely, other people on the exchange who aren't part of the community will see the candles and decide to start buying. The price will be going upward even more.
The thing is, the price will gradually begin to slip back down over the course of a few days, if history repeats itself. This isn't yet the proper time for the price to stay up. Right now, the general trend in many coins is heading downward for various genuine reasons. So don't expect a miracle today.
Glad to hear an update, If everyone will pull there sells order maybe we can get the price to rise. We got volume now, just need to push the price higher.
I'm invested neck deep in ltcd and efl, but this is exactly what I meant earlier. We need to form a group of about 20 to 30 btc. we buy up the sell order to a point of about 1500 satoshi, then place a big buy order (5/10 btc) on 15000 satoshis, so the price will keep steady. Then after the price stabalizes again, to do it again to 2500, and so on, and so on. The only way to get LTCD to what it's really worth, becasue some one is manipulating the coin downwards, they see the community, and want to break it down by destroying the price, don't let it happen.
Long story short, who wants to place his bitcoin where his mouth is
You got a point, but throwing in this amount of Btc will make the distribution worse since holders would get even more coins.
What we need is just waiting for distribution to get even more spread out. Right now you have a day trader at Bittrex buying and selling lumbs of 60.000 ltcd at the time. So you wouldn't gain anything until he is gone or you take his buyorders each time he tries, then he will be pushed up in price..
, i spend my holidays in it, Iam a LTCD-Fan and I know LTCD will have a big future.
