Whale-o-meter Activated

that's called a fake sell wall and it is supposed to attract normies.

>>2233839
really? why would a sell wall attract normies? I would think that would scare normies into selling off before the wall hit

>>2233839
there have been a lot of weird things going on with this coin in the last few weeks, I'd love to ask you about if you know how bots and whales operate

What the hell happened May 5th?

I'm also not familiar with your terminology, what is a "sat"?

>>2233922
exactly, that is one of my questions. May 5th on coinmarketcap shows ARK reaching over $1/coin for a very brief spike.

My best theory is that someone purchased a MASSIVE quantity of the coin which caused that to happen as there weren't that many sellers at the lower rates. It seems he didn't give a shit and bought the higher orders too anyways... meaning he didn't care about the rate, as long as he got his massive quantity. Or maybe he did care about the rate, but his threshold for caring was sub $2/coin

I have so many questions about this coin it's not even funny

The volume that you see that is being traded on bittrex seems to be totally artificial... these aren't people trading. There is hardly any interest in this coin whatsoever, yet it remains between 70-150btc vol everyday, and if you watch closely the sell/buy orders shift in blocks, almost every second.

What is going on with this coin?

>>2233822

Where do you see these charts and how do they work

File: Screen Shot 2017-05-30 at 2.06.50 PM.png (794KB, 1770x1278px) Image search: [Google]

794KB, 1770x1278px

"a platform for consumer adoption"
well.. adoption is part filling out that global market cap


>bothers me how these fucks at the top only got into crypto because it was popular

>>2234069
bittrex, the green is buy orders, the red is sell orders

it gives you a general idea of the demand for a particular coin... you can look at the individual orders on the coins page as well, in list format. I like the graphs because it helps you visualize whats going on.

a healthy stable coin has an even distribution
an unhealthy coin has a distribution that is heavy on the red side
a coin primed for surge/pumping is going to be heavy green

thats how I interpret it at least

>>2235251
>a coin primed for surge/pumping is going to be heavy green

are you fucking daft

>>2235278
explain to me the error of my ways

>>2235293
The "priming" is in stages of heavy red. If that fool takes your advice then he'll buy at the top of peaks and ATHs. Buy low, sell high.

>>2235330
Also, implying it's a decent coin

>>2235330
I see what you're saying, you're saying that heavy green is too late to get in, which I would agree with. You're not going to get a good price if you try to get in at heavy green. I guess I should have said that was more mid-surge or peak than "primed"