Re: [ANN]Faircoin - The First Fairly Distributed coin. MULTIPOOL We added 5% bonus
Downtrend is only due to BTC being down. Most don't realize that.
BTC is rated against the dollar or euro. But ALTs are rated against BTC.
It's a compound effect. So when BTC falls 20%, ALTs should remain locked or fixed at the price they are at compared to BTC, but they fall too.
So when btc is down is when you should buy the ALTs... Because your leverage is so much stronger when BTc rebounds which it will.
I don't think most people get that.
All I see is uptrend. Back to 1800-2200. Started at 600-700 satoshi. Going between 1400-2700. Amazing spreads......
This coin is fantastic for trading the last few days. I don't see anything less than 10,000 satoshi target over the next few weeks.
It's a set it and forget it coin. It's only going to keep trending up.