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)
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.
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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.
[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]
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.
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!
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