[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[stonehedge]

I receive an average of 19DRK per masternode per month at the moment.

[RenegadeMan]

This is the dump before the pump you bot owned noobs !

You've got to remember this:

For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred.

It looks to me like there are about 50 times more buyers than sellers because the sell trades are few and huge whereas the buy trades are many and small.

What this means to me is that speculators are leaving the market and "users" are entering it, just as articulated in this post.

This is no bad thing if it's the case. For a sneak preview of what's happening to bitcoin, look at what happened to DRK last year. We hit nearly 500% of our current trading value and then consolidated to a point where the speculators (like mikethemike) left the market and only long term holders were left. Then the thread went back to its industrious self and the coin infrastructure continued to grow.

Bitcoin may stabilise in the early hundred's, the 200's or the 300's but what we could see now is the start of mass adoption for 2 reasons:

[1] - the mass of new smartphone gateways to bitcoin and new cryptocurrency markets that don't want to use banks

[2] - the commercial accessibility due to the low price (i.e. people buy it to use it rather than buying it as an investment)

Excellent analysis Tok. And the posting by justusranvier you referenced from the other thread has some good points too.

When you stop and think about what's happened in crypto since the bitcoin mega-pump of Nov 2013, it's really no surprise what's happening is happening. That sort of unsustainable rise is freakish and naturally attracts all sort of expectations of great riches and an "all-new-order". Then reality catches up and all the hot air escapes.

[SpreadLight]

All hell broke loose during last 4 hours and the US isn't awake yet. Next mega panic dump starts between 7am- 10am US time?

[Terzo2]

All hell broke loose during last 4 hours and the US isn't awake yet. Next mega panic dump starts between 7am- 10am US time?

Or they start buying like crazy .

[wozzek23]

For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred.

And I am one of these buying them left and right, sub $200.00 and will gladly keep doing so if BTC price continues to go down. Than, all of them into Darkcoins ))

Love a good deal when I see one

[SpreadLight]

For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred.

And I am one of these buying them left and right, sub $200.00 and will gladly keep doing so if BTC price continues to go down. Than, all of them into Darkcoins ))

Love a good deal when I see one

But what happens if bitcoin hits 40$

At 200$ range you would be paying 5 times more

[stonehedge]

For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred.

And I am one of these buying them left and right, sub $200.00 and will gladly keep doing so if BTC price continues to go down. Than, all of them into Darkcoins ))

Love a good deal when I see one

But what happens if bitcoin hits 40$

At 200$ range you would be paying 5 times more

$40 is definitely possible. 

I don't know my arse from my elbow when it comes to this kind of thing.  This is why I don't day trade.

[Terzo2]

For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred.

And I am one of these buying them left and right, sub $200.00 and will gladly keep doing so if BTC price continues to go down. Than, all of them into Darkcoins ))

Love a good deal when I see one

But what happens if bitcoin hits 40$

At 200$ range you would be paying 5 times more

What happens if bitcoin hits 10$ or 1000$ ?
You never know. Thats why some people make money and some doesn't .

[SpreadLight]

For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred.

And I am one of these buying them left and right, sub $200.00 and will gladly keep doing so if BTC price continues to go down. Than, all of them into Darkcoins ))

Love a good deal when I see one

But what happens if bitcoin hits 40$

At 200$ range you would be paying 5 times more

What happens if bitcoin hits 10$
You never know. Thats why some people make money and some doesn't .

Hey Terzo2, arn't you a bot? Go talk to your bot friends and tell us what they are planning

[RenegadeMan]

For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred.

And I am one of these buying them left and right, sub $200.00 and will gladly keep doing so if BTC price continues to go down. Than, all of them into Darkcoins ))

Love a good deal when I see one

But what happens if bitcoin hits 40$

At 200$ range you would be paying 5 times more

What happens if bitcoin hits 10$
You never know. Thats why some people make money and some doesn't .

Hey Terzo2, arn't you a bot? Go talk to your bot friends and tell us what they are planning

...and get your "bot" spell/grammar checker to work properly "That's why some people make money and some don't."

[Artoodeetoo]

Cheers for the masternode info chaps...

[SpreadLight]

It is strange that Bitstamp is leading the dump and not Chinese exchanges   maybe Bitstamp did not tell us the full story about their hack?

[splawik21]

Hey guys! There's a thread on r/bitcoinmarkets right now with a nice little poll which we could push Darkcoin a bit up in





http://www.reddit.com/r/BitcoinMarkets/comments/2scsgo/will_bitcoin_stay_strong_or_do_you_think_another/

And the poll itself! http://strawpoll.me/3402004

The perfect e-cash will succeed

bump

[tungfa]

It is strange that Bitstamp is leading the dump and not Chinese exchanges   maybe Bitstamp did not tell us the full story about their hack?

it is all OKCoin and BTC China
what are you talking about ?!

[splawik21]

I hope the btc dumping will not stop till tomorrow I`ve sent some more fiat to get more drk of course

[SpreadLight]

It is strange that Bitstamp is leading the dump and not Chinese exchanges   maybe Bitstamp did not tell us the full story about their hack?

it is all OKCoin and BTC China
what are you talking about ?!

My bad, you are right. Huobi even hit $145 briefly.

[RenegadeMan]

It is strange that Bitstamp is leading the dump and not Chinese exchanges   maybe Bitstamp did not tell us the full story about their hack?

it is all OKCoin and BTC China
what are you talking about ?!

Um...just under 10K dumped on Bitstamp for the major drop below $200. Then subsequently it's been around 10 to 15K per hour since so definitely very high volume on Bitstamp.

[stonehedge]

I've just had a look back through the thread and I can't find the block number when the DRK block reward will be reduced.

It should be any day now shouldn't it?  Maybe 16th or 17th Jan?

[toknormal]

[Terzo2]

Obviously You don't have a single BTC to trade with . So just watch and learn .