Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
by
ZenFr
on 26/04/2017, 18:47:50 UTC
...but in terms of order books you are not speaking truth at all. right now on Bittrex the amountof BIDS is 218071.703 XZC
And the ASKS are 38287.400 XZC

Thats seems pretty healthy to me for a rising price and demand for this coin by the market....
Are you serious Huh

Take a real look at the order book : in the bids side, there are 150,250 bids at 1 satoshi, 24,937 at 2 satoshis, 20,000 at 3 satoshis... and so on : these are "fake" bids.
You can't compare these ridiculous more than 200,000 unreal bids (compared to the 218,416 total at this time) bids with those aroud the market price (600,000 sats) : be serious.
Between 4 satoshis and 600,000 satoshis, the reality is they are only 18,000 bids !!! How many bids beetween 600,000 and 500,000 satoshis (for example) ? Very few !

Look at the order book graph, for example with a 25% price range and you will see how the market is really imbalance and can collapse at any time.

For my part, my XZC are sold now.

Thanks to people like you I bought more ZCoin, I will laugh at you when price hits 50$. Bye bye Smiley
Your welcome :-).
Thank you to you : you bought my ZCoin at a very good price.
Now, the price has fallen and I can already redeem them with a good profit.
Should I laugh like you ?
Should I laugh even more in the next days if the price goes down again and again and my profit grows more when I redeem them :-) ?

Your post was not friendly.

For information :
 - just now, and for the last 24 hours (source : CoinMarketCap) : XZC/BTC -3,28%  (I buy and I sell my XZC in BTC).
 - orderbook Bittrex : 30 BTC bids / 750 BTC asks
 - orderbook graph with a 25% price range : 17 BTC bids / 60 BTC asks

Update 04/27 11h56 (France time) :  for the last 24 hours (source : CoinMarketCap) : XZC/BTC -5,15%  (I buy and I sell my XZC in BTC).