Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Edit : oh my, that buy wall almost doubled from 22K to 41.8K
That's a thing of beauty...but the last time we had a major "moving wall" put up, it shot the price up and then was withdrawn...and the price collapsed =(
Out of curiosity, why choose the 0.013 level to defend? Why not 0.014? Or just eat the 25k guy at 0.015 and defend that level? Or back off to 0.012 and get cheaper coins?
I think this is more a defence wall, created to restore some confidence after that 25K sell order emerged and perhaps with the thought to create an upward trend again which got interrupted
when Bitcoin started to rise in price. It will perhaps slowly creep upwards, thereby driving other buy-orders up and i think there will be some patience in play to see if anyone else is interested in
taking that 25K sell order out. It could even have been created in anticipation of a higher Bitcoin price the coming weeks (just my 2 pennies of thought).