Quote from: nguyen0806 on November 21, 2017, 10:50:24 PM

Quote from: cmyers27 on November 21, 2017, 10:26:15 PM

Quote from: loty1825 on November 21, 2017, 10:15:52 PM

The price on Binance has been pretty stable for the last 3 hours somewhere between 0.00026 and 0.00027 ETH. The amount of sell orders is larger, that's true, but sell orders don't always tell the truth. If noone wants to fill those buy orders, buyers loose patience and buy sell orders. I've been watching it closely for the last 3 hours and much more sell orders than buy orders get filled. If it continues this way sell orders will get eaten. Sell orders seem pretty low to me right now so I believe it's mostly people who bought it discounts once their sell orders are bought it will release the price to go up.

But I wouldn't compare it to rise of OMG in a month. OMG have Vitalik for advisor and it seems everything with Vitalik's name moons. And OMG marketing team seems also very capable, every time the price started to fall they launched some braking positive news to drive the price up and it lasted about a month before they ran out of news ideas. If Quanstamp manages to do the same it can go to 1 billion in a month yes, but OMG was really outstading at marketing for the first month, can't say this can be achieved easily.

In my opinion Bitcoin will go down too from today to 7500$ before increasing again. Ratio QSP/BTC will grow easily.

As I observed, btc up -> alt down or blooding. btc down -> alt down :v btc is always king

Unless Altcoin has just been launched! Still has lot of gas to skyrocket.