Wall Observer - The PPC Price Speculation Thread

Another big buy at Vircurex brought PPC to 0.0015 BTC for a while. Every day someone eats all asks up to 1,5 or 1,6 mBTC.

Are we seeing the first “smart money” investments?

What is strange though is that they are not buying at BTC-E, it would be cheaper for them.

The price difference is quite wide between the two exchanges. I did a little buying myself today (500 ppcoin) at btc-e for 0.00119

Now it looks like the price has dropped to 0.00116 there.

On BTC-E the buy wall between 0.00108 and 0.00116 gets higher and higher. It´s worth nearly 200k PPC currently. I expect the price to go up the next days. We will see 8)

0.00128 on BTC-e!

It looks to be rising

Yes, PPC is rising against Bitcoin (0.00141 now at BTC-E), but maintaining its value against the USD (0,11). This is a very good sign, as it appears that some have discovered PPC to hedge against BTC losses. LTC has been the choice of most people for this purpose in the past.

We’ll see if there will be a PPC->BTC dump now that the dip in the 80s in BTC seem to have been passed, or if PPC maintains its value against BTC and rises against the USD.

Price just broke 0,0015 at BTC-E. I’m wondering why it goes up that much. I guess it could be as sunny planned it. Primecoin get’s the people aware of PPC. Buy orders are currently worth about 700 BTC (yesterday about 300 BTC) I’m not sure weather or not the correction will again go below 0,0015. What do you guys think?

Time for a wall pic. Well actually just a btc-e chart since I’m unaware of an actual wall chart similar to mtgoxlive/bitcoinity for ppc.

We’re once again in third place for total market cap below BTC and LTC both of which suffered significant down days in distinct contrast to PPC. It’s interesting that the volume is not extremely high but the BTC bid is more than double what it’s been recently. I have also been impressed with how little selling took place immediately following Sunny’s announcement that he is debuting a new coin soon. It will be interesting to see if this momentum can be sustained bringing PPC into its rightful place as the many copycat clones of the altcoin world begin to exasperate many. As always your karma vote is much appreciated.

Today’s stats:
1566 Posts in 146 Topics by 5267 Members

Market Latest trade Volume Low High
BTC-e 0.00164000 BTC 240,403 PPC 363 BTC 0.00133000 BTC 0.00170000 BTC
Vircurex 0.00163900 BTC 38,118 PPC 59 BTC 0.00130001 BTC 0.00163900 BTC
Bter 0.00167000 BTC 2,367 PPC 3 BTC 0.00136000 BTC 0.00167000 BTC
Cryptsy 0.00153100 BTC 1,711 PPC 2 BTC 0.00126100 BTC 0.00163900 BTC
Cryptonit 0.00144000 BTC 0 PPC 0 BTC 0.00000000 BTC 0.00000000 BTC

Sell orders
Total PPC: 800372.60853682

Buy orders
Total BTC: 732.54663574

Blocks Difficulty Reward (PoS) Price (BTC) Market cap (BTC) Ratio vs. BTC
56207 401010 397.35 0.00164973 32113 139.50%

USD cap Price (USD) Total Supply $ % change (24h)
$ 2,923,610 $ 0.15 19,465,815 PPC +16.63 %
BTC price % change (24h)
-6.99 %

Nice support building up at 0.0015-0.00151. Price continues over 0.0016. And most important: Bid volume keeps high, above BTC 750 at BTC-E, and has surpassed the values of NMC and FTC.

Bear market is definitively gone, I think.

[quote=“d5000, post:68, topic:106”]Nice support building up at 0.0015-0.00151. Price continues over 0.0016. And most important: Bid volume keeps high, above BTC 750 at BTC-E, and has surpassed the values of NMC and FTC.

Bear market is definitively gone, I think.[/quote]

This looks great, bid volume has literally almost doubled in the past few days.

[quote=“d5000, post:68, topic:106”]Nice support building up at 0.0015-0.00151. Price continues over 0.0016. And most important: Bid volume keeps high, above BTC 750 at BTC-E, and has surpassed the values of NMC and FTC.

Bear market is definitively gone, I think.[/quote]

Awww but I liked my Fuzzy Market :stuck_out_tongue:

Do you want to see WALLS? Here you go:

BTC-e http://www.cryptocoincharts.info/orderbook.php?pair=ppc-btc&market=btc-e
Vircurex http://www.cryptocoincharts.info/orderbook.php?pair=ppc-btc&market=vircurex
Cryptsy http://www.cryptocoincharts.info/orderbook.php?pair=ppc-btc&market=cryptsy
Bter http://www.cryptocoincharts.info/orderbook.php?pair=ppc-btc&market=bter
Cryptonit http://www.cryptocoincharts.info/orderbook.php?pair=ppc-btc&market=cryptonit (this one confuses me)
Crypto-Trade http://www.cryptocoincharts.info/orderbook.php?pair=ppc-btc&market=crypto-trade

On dustcoin we are the 3rd largest cryptocurrency.

I feel like we might have been part of a btc-e pump operation. There were 1800 BTC bid when the price was at 0.00220 and then it went down to only 800 bid with the price under 0.00200.

Volume for today on btc-e was an eye popping 1,400,019 PPC / 2,700 BTC. Vircurex did 54,972 PPC / 100 BTC while the others did less than 7 BTC each.

I bought some since I plan on building a PPCoin app or two, and have some orders below a wall or two.

Wow, buy support is still growing. Now we are at over 1100 BTC Buy orders. Some days ago we were at 300 BTC. For me that means: There is only on direction!

PPC peaked at just over .002 yesterday. Seems to be coming down slightly as BTC price rebounds. Currently at .00172

yup will be interesting to see how ppc does compared to trc in regard to the price spike from btc lows and dropping as btc back rising… i expect ppc price to drop less than trc and surpass it soon :slight_smile:

Seems that PPC is keeping its value in USD very well despite of the actual Bitcoin rally.

0.00163 now at BTC-E, 474 BTC of bids (5th place behind BTC, LTC, FTC and NMC) and 1187149 of asks.

Looks like we’re breaking out of the 0.0014-0.00145 again. Already at 0.00165. Growth rate looks oddly familiar to a previous breakout.