By plunge I mean a hard and fast fall.... DRK has not had one yet..... And just watch when good old human nature comes knocking
Plunge is not the absolute level of the fall from peak to trough but the velocity. I may well be wrong, you lot seem to think im mad, I think a very hard and fast fall is coming... Lets see who is right
The problem with people like is that you guys try to compare doge to something as blackcoin. Where blackcoin fell so hard. Or even Cinni wich had less coins. The diffrence that you are all forgetting.. Is that with Blackcoin or Cinni or any other alt. It is WAAAY more common for most of the people to have over 1000 coins over 10.000 coins over 20.000 coins over 50.000 coins and over 100.000 coins.
And when you watch those order books. They are playing with thousands.
And when you now go watch the order book of Litecoin. 1000 is a big big wall that gets spammed in the trollbox.
Even 200 is already alot.
And you are seeing the same thing here. ITs the only coin on mintpal as well where most of the trades are below 100.
And if the price crashes now down to 0.006. And you happend to sell 1000 at 0.008. It will be VERY HARD for you to buy 1000 back at 0.006.. Just as with litecoin.
That is why litecoin cant drop so much. People dont dump hugeeee amounts of coins. Thats the reason you dont see Bitcoin drop in big big chunks. Go down with 50%. The same thing applies for Darkcoin now. Hell even when this coin was at 1 dollar before. big dumps wouldnt even go below 0.70$...
And every time the price drops now like from 0.0083 to 0.0070 then fudders come here who have just sold all their coins at 0.0070 and saying that the coin is going to crash and it has no reason for it to be this high.... Everytime I see those people I laugh really hard..
We are going to over take Litecoin in price very soon. Just accept it. And all the other coins that are now comming out with so much features and plans. They are ALL PUMP AND DUMP. None of them will substain their price. When thye get a big spike they fall down and crash and die. Thats it. Accept it.