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/biz/ - Business & Finance

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5096820 No.5096820 [Reply] [Original]

>volume keeps climbing up while the price is staying pretty much the same

really kinda makes you think huh

>> No.5097004
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5097004

>>5096820
what this mean

>> No.5097063

>>5097004
moon soon maybe :^)

>> No.5097176

>>5096820
thanks just bought 100k

>> No.5097214

too bad its only on cryptopia

literally pajeet pump and dump central

>> No.5097223

>>5097004
God is smiling upon us

>> No.5097241

>>5097214
doesn't mean you can't participate in the pump ;)

>> No.5097538
File: 576 KB, 2048x1536, vitaliksky.jpg [View same] [iqdb] [saucenao] [google]
5097538

>>5097223

>> No.5097680
File: 105 KB, 1280x720, photo_2017-12-15_10-35-23.jpg [View same] [iqdb] [saucenao] [google]
5097680

>>5097214
otc.skycoin.net
binance soon

>> No.5098015

>>5096820
>bitcoin moves
>volume goes back to zero

>> No.5098108

>>5098015
cant you even read a fucking chart?

>> No.5098543

>>5096820
It follows the price of the coin you potato. Price goes up, people see green, oh i should buy. Price goes down, oh i should sell. The people making a lot of money are dropping 10s of thousands at a time and playing the increases and decreases all day. Small rises with large transactions. Many people are losing as much as they are making.

>> No.5098614

>>5098543
are you retarded? look at the chart, the price change is negligible while the volume keeps going higher and higher

>> No.5098726

>>5098614
That just means it became more popular with larger players. The volume is still rising and falling just after the price drops the volume drops... that chart just doesn't extend into the next drop.

>> No.5098773
File: 552 KB, 799x1065, memest.jpg [View same] [iqdb] [saucenao] [google]
5098773

>>5098614
we will soon stop worrying about charts

>> No.5098797

>>5096820
>what is sell-volume

>> No.5098798
File: 58 KB, 296x390, skydiPP.jpg [View same] [iqdb] [saucenao] [google]
5098798

>>5098726

>> No.5098957

>>5096820
It's 95% premined, the devs are probably selling into the rises. Fuck this scamcoin

>> No.5098979

>>5097214
They won't allow it on larger exchanges because of the 95% premine. Only 5% for the public.

>> No.5099303

>>5098979
Sure thing most coins that are distributed over a larger time frame would apply

>> No.5099936

>>5098979
its codelocked to be distributed over 14 year period, 5% each year. Devs are doing this through OTC on skycoins site, not exchanges.