Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE
by
oncebitcoinedtwiceshy
on 17/01/2014, 21:20:01 UTC
You think this indicates that someone in the know expects something big soon?

Don't think so, just what Scooby and Ximp were saying. More people getting to the point where they are unsure if they want to hold given price trend of last week or two. Graphic I saw might also have been exaggerated on screen by way Cryptsy scales graphs sometimes, it seems to look much more reasonable on screen now. Wish I'd taken a screenshot.

In general, without any extensive analysis, it looks like there a few bigger trades happening. Not massive in overall scale of things but more than the dribble of 1-10 SBC type transactions that have been the norm. Those smaller ones are probably miners doing auto-sell or similar.

That said, pretty low volumes overall, so I'd assume most people are still in a hold position and may be doing slow accumulates if they still feel comfortable.