ImI
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Activity: 1946
Merit: 1019
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March 24, 2015, 02:33:37 PM |
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oh... i dont know them, though. is that a smaller exchange? security has to really bolster up! |
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BigTimeProducer
Member
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Activity: 171
Merit: 10
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March 24, 2015, 02:34:12 PM |
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The only green on the board in the top 10, and one of three greens in the top 20.
And still: Litecoin and bitcoin almost peg each other 1:1. Neither is a hedge for the other.
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BigTimeProducer
Member
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Activity: 171
Merit: 10
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March 24, 2015, 02:36:34 PM |
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Now the only green in the top 25...
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oblox
Legendary
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Activity: 1442
Merit: 1018
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March 24, 2015, 02:37:15 PM |
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oh... i dont know them, though. is that a smaller exchange? security has to really bolster up! Hard to say being that the hacker altered the balances and I believe this was a site you could use leverage on. No telling how much BTC was taken right now. |
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strix
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March 24, 2015, 02:38:08 PM |
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There's no supply.
Whats wrong with you people. Why aren't you dumping ?
Probably majority of the traders sell on news e.g 25th of March  .. What news? Nothing happens the on 25th other than an announcement and a listing of new websites/service names, etc. I understand the buy the rumor, sell the news hype cycle with respect to new tech releases, but I don't think it quite fits the current rebranding situation. I think all the buying is either 1) people who sold thinking the name change was going to sink us now desperately getting back in before their losses really balloon OR 2) people that liked the tech but stayed away due to the shady name now finally buying in. #1 would in theory only reverse the effect of their selling out. Clearly this is a result of #2 compounded by the folks who are now NOT familiar with the tech, but are now willing to listen for the first time due to the name change. |
Je le hibou, suis ↄash; because while the days are evil good must hurry, lest evil parading as an agent of light restrict its activity.
XnUjqiYV5mvXAWrWUbGFmitPvmWSthxhBi
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ImI
Legendary
Offline
Activity: 1946
Merit: 1019
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March 24, 2015, 02:38:20 PM |
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Now the only green in the top 25...
yes, nevertheless that hurts us also |
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pookielax31
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March 24, 2015, 02:44:18 PM |
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My prediction is if we dont punch through .02 in the next 3-6 hours we go down for a real correction
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tombtc
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March 24, 2015, 02:48:16 PM |
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I've been reading bout the correction for the last 50 pages  |
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strix
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March 24, 2015, 02:55:13 PM |
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How long before we can forget the parity with BTC and just be concerned with what the fiat/DASH exchange rate is? I've been watching the $US/DASH rate more than anything else because that is a better indication of value for me. BTC has been dropping while DASH increasing. That doesn't always translate to a value gain. Many people here have been talking about the .02 level like it's approaching some record value in the history of DRK/DASH. But the last time DRK/DASH was at the .02 level, BTC was at ~$600 which makes DRK/DASH ~$12 per coin. To attain that same $12 level, at current BTC of ~$260 the BTC/DASH would have to be about .046. The highest BTC/DASH level ever was around .0274 and BTC was around $540.
I get the excitement of where DASH is heading, believe me I'm stoked about it, but .02 doesn't excite me. $15+ would for me be the more exciting event because that would be record breaking grounds. The point where nobody really gave a shit about BTC value in regards to DASH would be the big day.
DASH and BTC will decouple on a person by person basis. For me (and apparently you;-) the decoupling occurred when I divested myself of my small BTC holdings back in early Dec. Since then I pay no attention to the BTC price. I buy it for fiat and immediately convert it to DASH. As more and more and more people follow this pattern the DASH/BTC pair will become the concern solely of currency traders trying to invest, or to hedge. At this point I suspect that the BTC whales like our friend Otoh, are still highly influential, and they can afford to hold both as hedges. But for small fish like me, the decoupling is already complete. The day is coming when the whales will recognize that the majority of their holdings are best served in DASH. So far it seems that only Otoh has realized that the 5,000 masternode limit is not that far away. |
Je le hibou, suis ↄash; because while the days are evil good must hurry, lest evil parading as an agent of light restrict its activity.
XnUjqiYV5mvXAWrWUbGFmitPvmWSthxhBi
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Salkenex
Newbie
Offline
Activity: 49
Merit: 0
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March 24, 2015, 03:02:49 PM |
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How long before we can forget the parity with BTC and just be concerned with what the fiat/DASH exchange rate is? I've been watching the $US/DASH rate more than anything else because that is a better indication of value for me. BTC has been dropping while DASH increasing. That doesn't always translate to a value gain. Many people here have been talking about the .02 level like it's approaching some record value in the history of DRK/DASH. But the last time DRK/DASH was at the .02 level, BTC was at ~$600 which makes DRK/DASH ~$12 per coin. To attain that same $12 level, at current BTC of ~$260 the BTC/DASH would have to be about .046. The highest BTC/DASH level ever was around .0274 and BTC was around $540.
I get the excitement of where DASH is heading, believe me I'm stoked about it, but .02 doesn't excite me. $15+ would for me be the more exciting event because that would be record breaking grounds. The point where nobody really gave a shit about BTC value in regards to DASH would be the big day.
DASH and BTC will decouple on a person by person basis. For me (and apparently you;-) the decoupling occurred when I divested myself of my small BTC holdings back in early Dec. Since then I pay no attention to the BTC price. I buy it for fiat and immediately convert it to DASH. As more and more and more people follow this pattern the DASH/BTC pair will become the concern solely of currency traders trying to invest, or to hedge. At this point I suspect that the BTC whales like our friend Otoh, are still highly influential, and they can afford to hold both as hedges. But for small fish like me, the decoupling is already complete. The day is coming when the whales will recognize that the majority of their holdings are best served in DASH. So far it seems that only Otoh has realized that the 5,000 masternode limit is not that far away. I agree with that. I do the same with BTC to DASH. I'm 100% positive I have spent more time waiting for BTC confirmations so I can buy DASH than I've spent actually holding BTC. |
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oblox
Legendary
Offline
Activity: 1442
Merit: 1018
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March 24, 2015, 03:03:47 PM |
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I don't think people are realizing how difficult it is becoming to acquire 1k blocks worth of coins for setting up masternodes without moving the price a bit. There's about 5 masternodes worth of supply between .0196 and .02 on Cryptsy... And with a masternode, you are getting an income stream to perpetuity, assuming you keep it running.
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pookielax31
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March 24, 2015, 03:08:15 PM |
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I don't think people are realizing how difficult it is becoming to acquire 1k blocks worth of coins for setting up masternodes without moving the price a bit. There's about 5 masternodes worth of supply between .0196 and .02 on Cryptsy... And with a masternode, you are getting an income stream to perpetuity, assuming you keep it running.
Its is very hard on bitfinex... nobody is selling to me.. I have to keep eating little bites |
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dazbarlby
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March 24, 2015, 03:08:26 PM |
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Listen... Chomp Chomp
Only 11 Masternodes available on both Cryptsy and Bitfinex Combined!....
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pookielax31
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March 24, 2015, 03:11:04 PM |
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And to think when I started fudding the name change I got coins below .01 on finex  Some people are to easy to play in this market wish i bought more |
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HinnomTX
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March 24, 2015, 03:12:02 PM |
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toknormal, forgive me  ********* AMBER ALERT ************ The number of subscribers on http://www.reddit.com/r/DRKcoin has skyrocketed in recent weeks from ~2700 to 5000 today. Keep a close eye on this barometer. Over the last 8 days, the reddit/r/DRKcoin subscriber count has increased from 5000 to 6203. The word is gettting out! |
"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield Dash is Digital Cash. https://www.dash.org |
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pookielax31
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March 24, 2015, 03:15:48 PM |
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If otoh dropped a wall at .0185 I think it would cause some mayhem on the buyers mentality
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etoque
Legendary
Offline
Activity: 1974
Merit: 1000
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March 24, 2015, 03:18:15 PM |
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If otoh dropped a wall at .0185 I think it would cause some mayhem on the buyers mentality
Patience,there's no other word,and you know,its simply a game of who will dump first  Thing is steady |
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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March 24, 2015, 03:18:55 PM |
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toknormal, forgive me ********* AMBER ALERT ************ The number of subscribers on http://www.reddit.com/r/DRKcoin has skyrocketed in recent weeks from ~2700 to 5000 today. Keep a close eye on this barometer. Over the last 8 days, the reddit/r/DRKcoin subscriber count has increased from 5000 to 6203. The word is gettting out! Same on FB and all other pages more likes, more interest, more shares, more comments !! |
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BigTimeProducer
Member
Offline
Activity: 171
Merit: 10
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March 24, 2015, 03:21:04 PM |
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On the uptrend against the crowd for the third major downtrend in two weeks now?
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