Post
Topic
Board Speculation (Altcoins)
Re: [XVG] Verge - Speculation & Discussion
by
g0ldm0ney10
on 05/06/2017, 17:01:28 UTC
WOW.  I was looking at the Verge orderbook on Bittrex and noticed something very unusual.  After 400 satoshis, the orderbook is mostly empty.  I saw one sell order at 20,000 satoshis.  After that, nothing.

OK, as I am writing this, I am seeing a few orders fill in, at 500, 800, 1000 and a few other price points.  Guys, if someone came in right now with 1000 BTC, and bought everything, that would put the price at 1000 Satoshis.  If the orderbook stays as empty as it is right now, the sky is the limit to the price of this coin ! ! !

As you are reading this, has the orderbook filled in, or are you seeing the same thing I am?

You are right in seeing that right now. I think as it gets closer to the 300 sat price you will start to see it more and more pop up more sell orders because some would like to take some profits.  But yes if 1000 came in right now at 1 time it would be over 1000 Sat and quick!!  Not sure that can happen as stated before they will keep putting in sell orders close to the price, but if it did that would be pretty epic.  Overall this is just going to keep going, sure you will have your dips and bounces, but I think the topside wins and it keeps going for sure!!  Exciting times ahead for Verge.  It is finally getting the following it deserves.   As you can see some big money is being invested so that's great news.  And take a look now #1 in volume on https://bittrex.com/home/markets!!  HELLO!!!!!!  Grin Cheesy