Things seem to be picking up recently, nice steady rise along with Bitcoin…
16500 now…
Check the sell wall at 17000 …
875BTC
Craziness. A similar wall was on the buy side earlier today. Trader whales playing games
Wall was munched a bit, now pulled, then bit of a dump. Anyone make any sense out of all this?
Finding this fascinating to watch -buy wall at 16775 now -1200btc worth!
Edit:
Its mooning guys…
To infinity and beyond!!!
Is it old news that the price shown on coinmarketcap and the price trading on Poloniex are two quite different prices…
it lags by a few mins, which is enough for a big difference this evening lol.
- I think that CoinMarketCap updates every 5 minutes.
- It also takes into account other markets: MaidSafeCoin price today, MAID to USD live, marketcap and chart | CoinMarketCap
But that is a small effect with Poloniex having a 96% market share.
Edit: Now I’m really nitpicking, but I find it confusing that if you change USD to something else on CoinMarketCap’s main page that the ‘% Change (24h)’-column stays the same. So change against USD instead of what you selected.
I think the delay is around 4 hours, and even then I think the numbers are wrong. Maid was at a high today at .19960 but that was between 7 and 8pm and then came down lots, but coinmarket stayed up there and went over the Polo price, I know its 96% of the market but even when you look at the price coinmarket has for only Poloniex right now you can see it way out of line of the real price, it always seems to be 2 cents over real polo price…
At no stage today was Maid at $0.197110 on Polo and hasn’t been near that price for around 4 hours…
Not sure if this the two prices… have always been out of synch
Seems fine to me. 17.5k sats and 20c?
Any reason for pump in price? Don’t see any notable update
They did it to BCN last week
Maybe some people expect big news next update. Pretty good time to lend on poling right now! lowest rate is 0.58%
Any big news next update? It’s just alpha2 right not really a big deal?
I think its a P&D. Too many whales made a killing on the BTC rise-fall-rise and looking to play in the alt coin arena
Many coins have risen substantially in the last weeks. All the majors with the exception, until now, of Maid.
There are new Hedge Funds being set up specifically to invest in Crpytos. A lot more money flowing in. This is not just whales playing, imo - but real money investors.
Coincap.io is also good … Live stream
I have been watching the movements and it is pretty certain that it is 1 person with around $1m in btc and $1m in Maid, playing both sides. It seems having watched the buys/sells that he is trying to confuse as to which way the market is going. On balance, he doesn’t appear to be trying to push into any of his own sell walls (anywhere near current price anyway) and is a net buyer of anything around current price.
The guy also seems to play around for a few hours in the evening, then go to bed around 10 ish (UK time), maybe spilling bits of caviar from his ladle into his brimming pint glass of Champagne, brushing the veal crumbs from his copy of Forbes magazine as he settles into his 4 poster bed for the night…hmmmm,piecing all this together,…@happybeing…J’accuse!
There must be 5-6M out in shorts now. They’ll all need to close and buy back their positions at some point. If that whale comes back tonight and decides to buy up all the slack again then a lot of people are going to get burned/liquidated. Seeing everything else in the red is good too… margin collateral is dropping since most people use alts to cover their positions and btc is losing ground to maid. Their alts buy fewer btc and their btc buy fewer maid.
I’m not doing any trading, but it’s still fascinating to watch. There will be blood in the streets if there’s another move up from here today.
So hopefully, to quote Elon Musk: ‘Stormy weather in Shortville…’