Bitcoin Forum

Im new here...let me ask you please...like 3 weeks ago I invested some money to DEM. I realy liked idea, bring back currency Mark. In last few days is this coin going soo sharply down, that makes me ask you guys with better knowleage, why is this movement for this soo many people liked coin? I read, many reviews, that this coin is setup good, has future, has progress...etc...but is going sharply down, like almost no others major coins. Why is this? Could possible somebody make huge profit in this, buy cheap coins very soon?  ::)

People are dumping  ;D

i don't no why they are going down i all-so have some witch i mined i don't think they ever climbed up to their true value  hopefully they will rise  :)

Don't believe the hype. What are people basing their opinion on? Usually when people big up a coin it's because they have an invested interest in it.

You should never put all your eggs in one basket - this is particularly true of crypto currencies.

I assume that people promoting the coin have a lot of the and want to sell for a higher price  ;)

On Cryptsy was very strange buy-sell movement...like somebody was selling and right next buying in very small profit...and this started all this proces, that people are scared. Could make this just like one, or very few people? What is next...is worth invest there or keep away from DEM? Im ready invest there like on 0,00010...what can be in few days in this panic selling, I think,DEM is not lost, DEM will rise soon sharply again.

Just another useless alt and people start to realize it.

I think you really need to make your own judgement when making trading decisions and not rely on advise from others.

DEM is, at the end of the day, just another alt coin that is not really needed  ;)

OK, how come, that people like Doge, CAT...etc... coin and not nomething, what is much more serius...like for ex. DEM.... not needed, well...yes, we dont need 1000 000 new coins with stupid names, but still...DEM has serius roots...my opinion of course.

Because people are idiots and like gimmicks. They also think they can get rich quick of these pump and dump crapcoins.

You can ask that for every alt coin at the moment.
In my opinion there are just too many different alt coins circulating. It is impossible for any coin at the moment to increase in value.
The decrease is good and will demotivate developers to create just a coin with a nice name and will stimulate coin creators to be more creative :).

Also people buying coins should be more critical and not only looking to a nice name like DOGE, CAT, MOON, EARTH etc :P.

Today DEM is trading 0.00011500 Btc...very, very sharply down...and continue... ???

DEM is german coin, I believe it will raise again, everything that germans do is good/expensive :)

Feel to me like latecomers are only buying to try and 'get rich quick'.
This time has passed, don't you think? Miners realise they should dump each coin very early now to profit.
It's an alt-pocalypse, 20+ new coins daily did this.

And now we wait for some real coding/innovation...  :'(

This is exactly what happens. People see how much BTC is worth and think they can have a little taste. They're pumped and dumped and then everybody moves on to the next coin.

Gridcoin is one of the most innovative coins right now. https://bitcointalk.org/index.php?topic=324118
If you want to invest or mine a coin that actually contributes to Science and has a future, this is the coin for you.

Gridcoin monitors how much works is being contributed to Boinc and then based on that you will get a variable block reward.

Download the client and see how much work has been put into this coin, you can't see anything like this anywhere else. Not even Bitcoin itself.

Explainer Video:
http://www.youtube.com/watch?v=s1tmNmZomeM

Yes, why?

Because coins is returning back to the people which sold at the top.

One of all time historical money dumping was around WW2 at Germany. That was really good dumping.  ;D

Buy Orders on Cryptsy now:

Price (BTC)   DEM   Total (BTC)

0.00009718    ??? ??? ???

Don't worry. I might also scream about my coins too :)

I think everyone is short of real cash money after Christmas. I heard the most depressing day of the year for the monthly pay packet people is about Jan 21 because they have no money for over a week until they get paid at the end of the month. I bet the market starts to recover in Feb.