Quote from: kamenicar on January 28, 2018, 05:18:30 PM

Quote from: _jk_ on January 28, 2018, 05:04:20 PM

I believe that one of the easiest things that would make Xaurum price go skyrocket is if people would just remove bunch of their sell orders. Dont get me wrong, if you need the money sell the coin, but if you are just staying at the position that might be reached in the future, like 0,31 usd you are just applying extra pressure that doesnt serve the project. And if its bad for project it is bad for all holders... In my opinion, luckily the project is still so small that this things can make great difference and help project move forward And all holders probably want that, I know I do. The volume is too low to have a chance of getting through these walls, what would enable price to skyrocket. Every so often, when the price falls a bit, up comes a new 'buy wall' keeping it there... I am sure if the way to the production price would be cleared, mints would happen much sooner... And if there is no one willing to sell the coin, people will want it even more...

Imagine that all, idk ETH holders would have their ETHs positioned on market for sale instead on their wallets I removed everything that I placed, although I positioned everything for a prices over 1 USD. I encourage all who want the price to grow to do the same... It is just my opinion, don't want to be a smart ass or anything, but I really like this project and I want it to succeed.. What are your thoughts on that?

there isn't such a big sell wall... there is like 2 btc for price to rise to 1800 sats...

on the other hand - yes, the volume is too low and that makes the coin even more volatile... every big transaction has a big impact on the market. Also xaurum was ment to be a coin for long term investment, so there shouldn't be a lot of sell orders below 1$...

To the price of 1800 satoshis there is not allot on sell wall. But currently the main mechanism to increase gold supply behind Xaurums is to start the mints again. So sell wall to the production price is a different case. So if people want to see more increase in value, best choice is to remove sell orders. I always say: If you need money, sell. If you don't need it, help your investment. Currently this means removing sell orders.