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baddw
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May 22, 2014, 08:37:38 PM |
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Because the person who wrote that is attributing the transaction money to "money being put in". Transaction volume indicates how much worth of transactions are occurring not how much is being injected. Just the same way market cap can jump 1million dollars when 20k dollars was injected into it.
If you think that the price can rise in a sustained manner (more than a day or 2) on very large volume without new buyers entering the market, I don't know what to tell you. Yes, the traders are buying at 17 and selling at 19, rinse and repeat. That does account for a good portion of the volume. But there have to be people actually buying at 19 in order for that to happen. Traders would be treading water and gaining nothing by buying from themselves at 17 and selling to themselves at 19. The people buying at 19 (and allowing the traders to cash out) are the ones bringing new money in. If no new money is entering, then all the traders are just trading among themselves, and DRK and BTC are being redistributed among them, but no overall price movement should occur. I never claimed that the entirety of the volume corresponds directly to the amount of money being put in. Just that the volume combined with the price increase indicates that SOME new money is being put in. |
BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF Eligius Payouts/CPPSRB Explained I am not associated with Eligius in any way. I just think that it is a good pool with a cool payment system  |
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"There should not be any signed int. If you've found a signed int
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change it to unsigned int." -- Satoshi
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Otoh
Donator
Legendary
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Activity: 3024
Merit: 1105
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May 22, 2014, 08:38:30 PM |
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lol so when will it reach 0.02000000  Ideally, the longer it can stay under 0.02 the stronger it gets, IMO. |
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zwiggel
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May 22, 2014, 08:40:07 PM |
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Mate, I've been here from almost the beginning. If there is one thing I'll tell you honestly, it's that the coin is being pumped. That is the truth. Anyone who tries to tell you otherwise is lying to you.
I have quite a bit of DRK and I've made some money off it. Just don't listen to people speaking good tidings. This is reminiscent of the vertcoin pump in february. Don't get caught in all the hoopla.
What's surprising is the sensible regulars who I thought wouldn't get caught up in the "to the moon" craze are also cheering people on in this pump.
Comparing Darkcoin to Vertcoin... their only common point is the suffix "coin". You claim since the 15th of this month that it's a pump so I suppose that you already dumped all you had @ 0.013-0.014... Come on guys. Even the long termers here are claiming its not a pump? really? can you not remember black coin? those weird walls are stable pump and dump signs. ride the waves but don't get greedy. it always happens.
There's no need to get snarky mate. If you went trawling through my history to dig up THAt quote then you must really need to convince yourself that this is not a pump. I won't say anything anymore since I like the coin and have defended it quite a bit. Black coin was pumped for 1 month straight from 500 satoshi to 80k satoshi. Where is black coin now? Do you remember those huge buy walls? Do you remember that black coin was also POS? Darck coin does not yet have enough marketing infrastructure to support the relative scarcity and price rise. It is being propped up and we all know it. At least lets not stick our heads in the sand here. Cheers. Lol lol lol you are so stupid. Do you realise it yourself? Their is a big diffrence with a coin being over 10 dollars or a coin being at 40cent that is getting a massive pump then a dump and never recover. Darkcoin went from 0.0030 to 0.0180 then got dumped to 0.0099. The chart right before the dump said it was a typical pump and dump chart. And yet here we are. We went back to 170 2 more times now after that dump. And now we are even over the high of that pump. Yea we can totally compare it to blackcoin.. Do you see Litecoin crash in a day from 10 to 5$? No... Darkcoin has gone out of the shadows. It is now at a spot where it won't just all of sudden gets dumped and lose half its value. |
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Kai Proctor
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May 22, 2014, 08:40:09 PM |
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What part of, Darkcoin has real world utility, and thus actual value, potentially to us all, do you not understand? Comparing it to shitcoins is obtuse. You say you've been around crypto for a while, maybe that's the problem, you're so used to garbage you don't recognise true worth when you see it. You're a stupid fool. I'm sorry you're actually an idiot if you think that is what I wa scomparing. I never compared dark coin to vert or any other shit coin.
I was comparing the market movement. And only an idiot will ignore that. We've all been on these trains before. When vert coin was pumped to 10 bucks, everyone said the same thing. ASIC utility proof. In the end it deflated when the buy walls vanished. I am not saying it will happen with DRK. I am saying it is a possibility. Market patterns repeat themselves. Dark coin is currently an asset and not yet money. Don't bury your head in the sand and claim it is the second coming when its main features are not yet online. And yes, don't act like a twunt because you jumped the bad wagon. Scroll back to February. I've been follwoing the progress of the coin and defending the coin so understand that I am not a troll. Same thing. "Look at the rise of Google stocks, Vertcoin increased like that so it's probably a pump and dump !"  ARe you talking about an established tech giant that went public with its shares to DArkcoin? Wow.. Just wow. If this is the level of idiocy I'm arguing with then I might as well just shut up. The fool looks at the finger that points to the sky... That's an example wow ...just wow. |
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cryptodruti
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May 22, 2014, 08:41:16 PM |
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lol so when will it reach 0.02000000 today  |
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 22, 2014, 08:41:43 PM |
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I still say, its under valued for the potential it could bring.
VCs would put in something now to give the current project a $100m valuation if they thought their share would be worth a proportion of a $1bn in 3 years time. That's how they work. Invest now, work hard, sell for x times more in 3 to 5 years.
Could darkcoin be worth over $1bn in 3 years time, recognizing that it could fail in that time, but if it does what it set out to do? If yes, then we are under valued at $50m.
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slyA
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May 22, 2014, 08:43:11 PM |
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Fair enough. I'm an idiot. I will shut up. Asking for some reasonable discourse proves too hard when a coin is "Going to the moon". I'll return to my troll cave.
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 22, 2014, 08:45:07 PM |
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Well you're already on board. just give a little CC in the shower every day  |
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traderman
Legendary
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Activity: 1260
Merit: 1001
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May 22, 2014, 08:46:04 PM |
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Hey slyA, everyone knows what you are saying is true, no one wants to admit it cause everyone wants a higher price to cashout. Why do you think everyone get's all defensive when any criticism is pointed towards Darkcoin. I was into Darkcoin right from the beginning, I know it has uses, but people who think that Dakrcoin will beat Bitcoin one day and be used by everyone for "privacy" reasons is smoking some very strong stuff. Fair enough. I'm an idiot. I will shut up. Asking for some reasonable discourse proves too hard when a coin is "Going to the moon". I'll return to my troll cave.
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 22, 2014, 08:46:41 PM |
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I've given my point on why its under valued at $50m. So you start off by being wrong by classing me in the 'everyone', and things don't improve much from there. |
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slyA
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May 22, 2014, 08:47:31 PM |
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Mate, I've been here from almost the beginning. If there is one thing I'll tell you honestly, it's that the coin is being pumped. That is the truth. Anyone who tries to tell you otherwise is lying to you.
I have quite a bit of DRK and I've made some money off it. Just don't listen to people speaking good tidings. This is reminiscent of the vertcoin pump in february. Don't get caught in all the hoopla.
What's surprising is the sensible regulars who I thought wouldn't get caught up in the "to the moon" craze are also cheering people on in this pump.
Comparing Darkcoin to Vertcoin... their only common point is the suffix "coin". You claim since the 15th of this month that it's a pump so I suppose that you already dumped all you had @ 0.013-0.014... Come on guys. Even the long termers here are claiming its not a pump? really? can you not remember black coin? those weird walls are stable pump and dump signs. ride the waves but don't get greedy. it always happens.
There's no need to get snarky mate. If you went trawling through my history to dig up THAt quote then you must really need to convince yourself that this is not a pump. I won't say anything anymore since I like the coin and have defended it quite a bit. Black coin was pumped for 1 month straight from 500 satoshi to 80k satoshi. Where is black coin now? Do you remember those huge buy walls? Do you remember that black coin was also POS? Darck coin does not yet have enough marketing infrastructure to support the relative scarcity and price rise. It is being propped up and we all know it. At least lets not stick our heads in the sand here. Cheers. Lol lol lol you are so stupid. Do you realise it yourself? Their is a big diffrence with a coin being over 10 dollars or a coin being at 40cent that is getting a massive pump then a dump and never recover. Darkcoin went from 0.0030 to 0.0180 then got dumped to 0.0099. The chart right before the dump said it was a typical pump and dump chart. And yet here we are. We went back to 170 2 more times now after that dump. And now we are even over the high of that pump. Yea we can totally compare it to blackcoin.. Do you see Litecoin crash in a day from 10 to 5$? No... Darkcoin has gone out of the shadows. It is now at a spot where it won't just all of sudden gets dumped and lose half its value. But did that happen on its own or was it due to 200+ btc buy walls driving it up? Lets admit it was due to that and not due to "fundamentals" which DRK definitely has. |
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Kai Proctor
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May 22, 2014, 08:47:40 PM |
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Hey slyA, everyone knows what you are saying is true [...]
If he agrees with you that's the universal truth... |
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 22, 2014, 08:51:07 PM |
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^ are these points still valid?
Search for later discussions than this between Evan + Anonymint. It's all in this thread. DarkSend has evolved quite a bit since March. |
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illodin
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May 22, 2014, 08:51:22 PM |
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Why do you think everyone get's all defensive when any criticism is pointed towards Darkcoin. I was into Darkcoin right from the beginning
Because 99% of the time someone is giving out "criticism" it's blatantly obvious he has either just sold, or thinks has missed the train, and is now emotionally vested in hoping his decisions have been correct. |
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Scriptiee
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May 22, 2014, 08:52:43 PM |
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Hey slyA, everyone knows what you are saying is true, no one wants to admit it cause everyone wants a higher price to cashout. Why do you think everyone get's all
defensive when any criticism is pointed towards Darkcoin. I was into Darkcoin right from the beginning, I know it has uses, but people who think that Dakrcoin will beat Bitcoin one day and be used by everyone for "privacy" reasons is smoking some very strong stuff.
This is very funny actually, you should look up some quotes form the early days of computers and internet on where it was heading. People were sceptic, were dismissing it, if they have been right you would not be here posting nonsense. |
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Propulsion
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May 22, 2014, 08:53:45 PM |
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I still can't figure out the main point of the pointing out of what everyone in crypto land sort of knows.
The fact that I'm arguing with people, not just people, regulars, proves not everyone knows. Or that they just forget once a coin rises. I'd like to take part in this argument. OI mate! How've you been? Alright this is how it goes. I say "this is a pump" and you say "troll! or hater! or idiot"! Lol thats easy. Ok the price has risen astronomically in a very short time frame. It's all the more reason to be cautious if thinking about going all in. |
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 22, 2014, 08:55:08 PM |
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Why do you think everyone get's all defensive when any criticism is pointed towards Darkcoin. I was into Darkcoin right from the beginning
Because 99% of the time someone is giving out "criticism" it's blatantly obvious he has either just sold, or thinks has missed the train, and is now emotionally vested in hoping his decisions have been correct. ....by a correction that will allow them to buy lower?  Anyway I don't see the whole point here to argue on price, especially between old-timers. We are all speculating while millions of dollars are being moved around. Is it a pump? Is it big investors? Is it gonna rise? Is it gonna fall? Who the fuck knows except those with the $$$... Fundamentals are fundamentals but price and fundamentals tend to have time lag issues in most markets. |
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slyA
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May 22, 2014, 08:55:20 PM |
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Hey slyA, everyone knows what you are saying is true, no one wants to admit it cause everyone wants a higher price to cashout. Why do you think everyone get's all
defensive when any criticism is pointed towards Darkcoin. I was into Darkcoin right from the beginning, I know it has uses, but people who think that Dakrcoin will beat Bitcoin one day and be used by everyone for "privacy" reasons is smoking some very strong stuff.
This is very funny actually, you should look up some quotes form the early days of computers and internet on where it was heading. People were sceptic, were dismissing it, if they have been right you would not be here posting nonsense. I never dismissed it. I never ragged against the coin or the dev or anything in its fundamentals. I just told 1 guy who was asking if he should buy more to be careful. That is what started all this and made people angry. You can call this the internet or google or whatever and I will not argue with you. That is a different battle. |
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slyA
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May 22, 2014, 08:57:24 PM |
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I still can't figure out the main point of the pointing out of what everyone in crypto land sort of knows.
The fact that I'm arguing with people, not just people, regulars, proves not everyone knows. Or that they just forget once a coin rises. I'd like to take part in this argument. OI mate! How've you been? Alright this is how it goes. I say "this is a pump" and you say "troll! or hater! or idiot"! Lol thats easy. Ok the price has risen astronomically in a very short time frame. It's all the more reason to be cautious if thinking about going all in. THIS IS EXACTY WHAT I TOLD THAT GUY.That is all I said. Be careful due to the price rise. What happened next? Kai proctor went through my history and accused me of being a disgruntled person who sold too early. Other band wagoners have called me a troll and claimed drk coin's market is different when all indications point to manipulation be it positive or negative. |
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traderman
Legendary
Offline
Activity: 1260
Merit: 1001
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May 22, 2014, 08:59:26 PM |
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I am actually still invested in Darkcoin and I have made quite a bit out of it, but I am not delusional thinking that it will overtake Bitcoin. What, you think Ebay or Amazon, or any other significant retailer will accept Darkcoin?? You think your local pizza shop/mom&pop store will accept Darkcoin??? They will accept Bitcoin and Litecoin, but I promise you they will not be touching Darkcoin with a 10ft pole. Hey slyA, everyone knows what you are saying is true, no one wants to admit it cause everyone wants a higher price to cashout. Why do you think everyone get's all
defensive when any criticism is pointed towards Darkcoin. I was into Darkcoin right from the beginning, I know it has uses, but people who think that Dakrcoin will beat Bitcoin one day and be used by everyone for "privacy" reasons is smoking some very strong stuff.
This is very funny actually, you should look up some quotes form the early days of computers and internet on where it was heading. People were sceptic, were dismissing it, if they have been right you would not be here posting nonsense. |
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