doge is dropping like a rock atm.
It's still 78% higher than what it was on Saturday. Be a spartan and hold your coins.
Some people who bought on Saturday (and before) are selling now for a small profit. Some may settle with anything higher than what they bought at.
After all those sells are done, only three groups of people will have
Ð:
- Early adopters who trust in doge. They will not sell below several
BTC /
Ð million, or most probably not at all.
- Miners. With current diff, they're investing a lot so they won't sell cheap.
- People buying now. Of course they'll want to sell for a lot more than they're paying now.
So, I'm very confident
Ð will go down only for a while, until people looking for a small profit sells everything they have.
After that, I think we'll see a nice growth. And certainly we'll have a better community.
It's a great time to buy today, or maybe even tomorrow. Nobody knows when those cheap
Ð will be sold out.
Thoughts?