Author Topic: HUC volume at Polo well over 14,400 per day now  (Read 5028 times)

Renegade

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HUC volume at Polo well over 14,400 per day now
« on: April 05, 2014, 05:09:10 AM »
The volume at Polo is now well over 14,400 (the number of coins mined per day).

That means that sellers will run out of steam. We could be looking at a turn around sometime soon.

Don't flat out buy up into the sell orders - place orders & let the sellers sell down into the buy depth and run out of energy. Draw them down further and exhaust them.

Volume for the last 24 hours is about 25,000.

domob

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Re: HUC volume at Polo well over 14,400 per day now
« Reply #1 on: April 07, 2014, 06:25:07 AM »
Sounds great!  I've been buying up some HUC cheaply as well!  (Although nowhere near 25,000 or any of those numbers.)  BTW, I recently ran a test to look through the full UTXO set and check the number of coins sitting there to ensure there's no expoit enabling sellers to get coins that shouldn't be there.  The UTXO holds the amount of coins it should, so everything is fine there and they should indeed run out of steam soon!
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Renegade

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Re: HUC volume at Polo well over 14,400 per day now
« Reply #2 on: April 09, 2014, 08:38:14 AM »
Looks like sellers are running out of steam now...

Last day or 2 HUC has been range bound to 0.00017 to 0.0002 (about) with the volume dropping some. I think sellers are figuring that we're bound for an upturn. If we hit a solid 0.00025 to 0.0003, it might be time to start panic buying. :D

Renegade

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Re: HUC volume at Polo well over 14,400 per day now
« Reply #3 on: April 12, 2014, 02:37:01 PM »
Last few days volume has been  very low, and now almost zero. (24-hour Volume: 1.04688374 BTC / 6919.40287658 HUC)

There's a huge train of thousands of HUC headed back to base, so I'm guessing we can expect another large dump.




alin8888

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Re: HUC volume at Polo well over 14,400 per day now
« Reply #4 on: April 12, 2014, 02:57:57 PM »
well there's already a buy order of 50000 huc  at 7 BTC on poloniex..Maybe someone knows something we don't

Renegade

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Re: HUC volume at Polo well over 14,400 per day now
« Reply #5 on: April 13, 2014, 03:29:55 AM »
well there's already a buy order of 50000 huc  at 7 BTC on poloniex..Maybe someone knows something we don't

That order is now split up into a couple that I can see - 1 higher and 1 much lower. But still... 2 big buy walls there.