WOW!

[k.coins]

Can we begin speculation on why? I see crazy buy pressure and a skimpy sell book on poloni right now...

[CesBurst1782]

Yeah been watching that for about 1 hour now?! Hopefully it will stay above the 100 range?! :-)

[k.coins]

@CesBurst1782 Pretty strong support in the mid 90's now

[Bitdv]

@k.coins said in WOW!:

Can we begin speculation on why? I see crazy buy pressure and a skimpy sell book on poloni right now...

Yep looking good, but theres a one person out there blowing there trumpet like there the sole reason for the price rise !!!

[CesBurst1782]

@k.coins Yeah if it stay's at 100s range, I might need to invest into another 8TB upgrade into my 23TB I have mining right now?! :-)

[k.coins]

@CesBurst1782 HDDs will be getting more expensive.... hahaha

[CesBurst1782]

@k.coins Yeah I know!!! lol I found a good deal for Internal Hard Drive SATA for 6TB for $189 after the promo code at my local store here in San Diego!!! Sounds like a good deal right now?! And still got 3 more SATA Connection for my rig!!!

[LithStud]

not sure if it will stay, there was a deposit of over 2.5mil into polo :) that amount can pretty much blow up top 5 positions in buy orders like nothing :)

[CesBurst1782]

@LithStud So this was an unexpected pump?!?!

[vExact]

@Bitdv said in WOW!:

@k.coins said in WOW!:

Can we begin speculation on why? I see crazy buy pressure and a skimpy sell book on poloni right now...

Yep looking good, but theres a one person out there blowing there trumpet like there the sole reason for the price rise !!!

It cold be, but also when traders spot a good opportunity they jump on the game as well...

[LithStud]

@CesBurst1782 its a pump now if it stays there depends on how many will keep on pushing (buying/selling). At least for me discerning pattern of pump is if one exchnage has greatly higher price than another in a short span of time its probably a pump :D

[k.coins]

@LithStud I'm not sure that's enough tho my man. The buy pressure is nutzo

[CesBurst1782]

@LithStud I really think Burst is still under value considering other Alt coins out there?!

[vExact]

@LithStud probably there would be a lot of people buying again around the 80s if it dumps.

[LithStud]

@CesBurst1782 undervalued yes :) but increases in price doesnt happen in one instant (unless there is some big a** reason for that like huge contract etc.)

[k.coins]

@vExact I think that's the point of it all... get new people interested and have the long players dump

[k.coins]

@LithStud So you're saying the volume on c-cex isn't enough in comparison to poloni?

[LithStud]

@k.coins i dont go to ccex, checked with bittrex ;) at the start there was a difference of 20 satoshis, if i had any btc in bittrex i could of made some profit by just resseling from exchange to exchange :)

It should be stabilized there around same price now since definetly someone with funds noticed it :)

EDIT: damn polo gets slow when i need it to be fast :) here is hoping i manage to catch a good price for asset funds

[k.coins]

@LithStud arbitrage...

I guess I'm wondering what you think the indicators of the pump are exactly. I get what you're saying tho - if the volume on poloni was so high, then the other exchanges are just reacting.

[LithStud]

@k.coins i am fairly a novice in trading but even to me this looks like a plain pump :) i guess someone with more experience could explain better. But basicaly what you said :)