Quote from: microchoveur on October 30, 2014, 06:33:45 PM

Thanks for all your awnsers, this is going to help me.

But now, let's take an actual topic : cannabisdarkcoin (CND). I didn't read anything about this coin and this is only an example.
When I went on Bittrex on the 26th october a CND was worth 800 sat. One day later, it was worth 2,6k sat.
How was I supposed to guess that ? This coin has an important volume, but I don't know what that really means... Does it mean that a lot of people are trading right now because the coin is popular and consequently that the price is about to moove anyway ?

Again, on bittrex when I click on the BTC-CND order book on the top, I can see a green and a violet part, both representing sells and buys of course. How should I read this ?

My problem here is now not the way to seek informations about the coin to decide how it's going to go but the things I have to read on charts and orders books... Could you help me on this ?
Thanks for everything

Mate, a lot of things in crytpo do not make much sense. Cannabisdarkcoin is a shitcoin, well what else can it be with a name like that anyway. The thing is that they are things going on behind the scenes, the manipulation of the vast majority of alts is going on by various groups or single whales. Although the manipulation tends to focus on the coins with low market cap such as the cannabis shitcoin you mentioned, it is much easier to control a $200 market cap coin, than a $20 million cap coin , or even $2 million coins, thus most manipulation happens with coins under 1 million market cap. There is nothing about intrinsic nature of the coin, or the reading graphs and charts, forget about it. The reality is much more distorted then one could imagine.

Jimmy Zed