DASH Collapsing Monero UP

[iCEBREAKER]

Over the last month Monero has broken out over and held up at 0.003, while Darkcoin tested and failed to maintain 0.021.  

Both resistance points are roughly triple their respective coin's monthly low:



Monero's gains are based on a sustainable staircase pattern of rises to new highs followed by periods of consolidation, driven by excitement about the immanent DB and a blossoming ecosystem of value-adding services.



OTOH, Darkcoin only enjoyed a brief blow-off top because of an ill-conceived rebrand that succeeded only in driving off vertoe, one of their last three two core devs.

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[iCEBREAKER]

Preserved.

[hodlmybtc]

Stop with the countless useless XMR vs DRK threads.

There is already a 60+ page thread to discuss it.

[iCEBREAKER]

Stop with the countless useless XMR vs DRK threads.

There is already a 60+ page thread to discuss it.

That one is about technical/crypto/community comparison.

This thread is about economics and markets.

Maybe you should make a 'Are there too many XMR vs DRK threads?' thead.

And have a poll.   

[Febo]

Over the last month Monero has broken out over and held up at 0.003, while Darkcoin tested and failed to maintain 0.021. 

Over past 4 months Monero price more then tripled and also demand on Poloniex increased by 5 and supply decreased by over 3 times. I know since i did not not check it in past 4 months. So maybe i should go away from it for the next 4 months

[jabo38]

Preserved.

Reserved?

[GTO911]

I feel this is a useless hype thread, please try to contain your excitement

[e-coinomist]

Monero's gains are based on a sustainable staircase pattern of rises to new highs followed by periods of consolidation,
driven by excitement about the immanent DB and a blossoming ecosystem of value-adding services.

Made my day

DB ready, is it true?

[tifozi]

Preserved.

Reserved?

Mummified ?

[stonehedge]

Good luck Monero!  You only have to quintuple in value to catch up with Dash! 

[e-coinomist]

Good luck Monero!  You only have to quintuple in value to catch up with Dash! 

Argueably DASH presents a multitude of daily trade volume and some impressive array of trading sites and exchange pairings. You can flip through the list of 30 entries here http://coinmarketcap.com/currencies/darkcoin/#markets
On Bitfinex there is a direct DASH/USD market, and additionally BTER offers with DASH/CNY a bridge into China (however Bter is flagged as beeing risky on my landmap).

[stonehedge]

Good luck Monero!  You only have to quintuple in value to catch up with Dash! 

Argueably DASH presents a multitude of daily trade volume and some impressive array of trading sites and exchange pairings. You can flip through the list of 30 entries here http://coinmarketcap.com/currencies/darkcoin/#markets
On Bitfinex there is a direct DASH/USD market, and additionally BTER offers with DASH/CNY a bridge into China (however Bter is flagged as beeing risky on my landmap).

And DASH/EUR and DASH/GBP pairings at a couple of exchange based in London too.

I think daily volume for DASH has been hitting $250,000 recently...not big money but nice nonetheless.

[Gladimor]

Well one thing for certain, trading volume for XMR has exceeded that of DASH (900+ compared to 880+).

[GTO911]

I smell azz burning 

[iCEBREAKER]

Good luck Monero!  You only have to quintuple in value to catch up with Dash! 

Thanks stoney!

At this rate, we'll be neck-and-neck with you dastardly dashers very Soon^TM.   

[iCEBREAKER]

OH MY!  Dark-Coin collapsing on volume about equal to Monero UPPING!



This is beautiful.   

[From Above]

so this means something like dashcoin and munero are both intertwined coins projects?
maybe u guys should merge into one dashero or something and turn hate into a great love

[nzminer]

Monero is more private than DRK, requires no masternodes and actually works!
The DRK community had so many trolls spreading so much FUD on Monero and XC last year, but now things are coming back up again.

[iCEBREAKER]

XMR still upping.  Dark-Coin still collapsing under heavy volume:



DASH bagholders are dumping their DigitalTrash like it's garbage pickup day.

You know things are bad when you see the CEO of THE DARKCOIN FOUNDATION INC. say this:

Simply based on the lack of a proper driving force or incentive structure, the project has little chance of success in our eyes and I'll be unwinding my position over the next few weeks.

[iCEBREAKER]

Shorting Dash is fun and profitable.  Shorting Monero is stressful and dangerous.