TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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February 01, 2015, 10:31:18 PM |
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Huge sell of drk followed immediately by huge buy of xpy.... Both on cryptsy and both ~90btc
This guy was feeling miserable a few days after, and now must feel ...... Hahaha ha I remember that vividly. https://twitter.com/TaoOfSatoshi/status/562012611274113025?s=09
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TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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February 01, 2015, 10:32:06 PM |
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Great timing. If you didn't tweet this I will now!
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toknormal
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February 01, 2015, 10:59:53 PM Last edit: February 01, 2015, 11:15:45 PM by toknormal |
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Markets moving for the first time in months.
Supertanker has refuelled and left the dock.
Here's the deal: Lots of people (like MiketheMike) were in this market last year and drove the valuation up to the high heavens. Then they took profits, left and sat out the next 6 months to "see what happens".
Now some of them are returning to take a stake in this again but the problem is the market's much tighter this time around. Just watching the price over the last few months doesn't tell half the story.
First of all, there's s supply shortage because:
a) - nearly half the coin supply is tied up in masternodes and the price needs to go a lot higher to release them b) - the rest of the coin supply is in the hands of long term holders (demonstrated by the fact that the longer term moving averages had stabilised for a long period over the last few weeks)
Secondly, there's a whole lot of new development that hasn't yet been priced in.
So the supply shortage + un priced-in development means a substantial revaluation is required before there's sufficient liquidity to meet demand. We may now be seeing the beginnings of that long term revaluation.
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Minotaur26
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February 01, 2015, 11:21:41 PM |
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I am in the market for a new masternode right now, not sure if eating those coins at .0085 or wait for it to come down a bit? Any opinions?
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fernando
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February 01, 2015, 11:23:03 PM |
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There is a Chinese site that claims to be the Asian branch of Darkcoin and is trying to scam people by selling Darkcoin. I'm not sure how big it is because we've only receive a few reports, but please help by reporting them to google so they are not indexed any more. We need as many reports as possible. The site is: http://www.darkcoin.companyTo report it to google: https://www.google.com/safebrowsing/report_phish/
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TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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February 01, 2015, 11:23:50 PM |
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I am in the market for a new masternode right now, not sure if eating those coins at .0085 or wait for it to come down a bit? Any opinions?
No sell support, InstantX testing now, things are looking good. I wouldn't want to be waiting for a retracement now, but I'm not a market expert. Don't miss the train!
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ImI
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February 01, 2015, 11:26:36 PM |
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I am in the market for a new masternode right now, not sure if eating those coins at .0085 or wait for it to come down a bit? Any opinions?
No sell support, InstantX testing now, things are looking good. I wouldn't want to be waiting for a retracement now, but I'm not a market expert. Don't miss the train! 0.01 incoming could get a retracement from 0.01 down to 0.008 afterwards
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Minotaur26
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February 01, 2015, 11:27:11 PM |
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There is a Chinese site that claims to be the Asian branch of Darkcoin and is trying to scam people by selling Darkcoin. I'm not sure how big it is because we've only receive a few reports, but please help by reporting them to google so they are not indexed any more. We need as many reports as possible. The site is: http://www.darkcoin.companyTo report it to google: https://www.google.com/safebrowsing/report_phish/Report sent.
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Minotaur26
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Activity: 1092
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February 01, 2015, 11:27:59 PM |
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I am in the market for a new masternode right now, not sure if eating those coins at .0085 or wait for it to come down a bit? Any opinions?
No sell support, InstantX testing now, things are looking good. I wouldn't want to be waiting for a retracement now, but I'm not a market expert. Don't miss the train! 0.01 incoming could get a retracement from 0.01 down to 0.008 afterwards Thanks will grab them now then.
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TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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February 01, 2015, 11:28:26 PM |
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There is a Chinese site that claims to be the Asian branch of Darkcoin and is trying to scam people by selling Darkcoin. I'm not sure how big it is because we've only receive a few reports, but please help by reporting them to google so they are not indexed any more. We need as many reports as possible. The site is: http://www.darkcoin.companyTo report it to google: https://www.google.com/safebrowsing/report_phish/Report sent. Report sent +1.
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TaoOfSaatoshi
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Activity: 2156
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Dash Nation Founder | CATV Host
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February 01, 2015, 11:28:52 PM |
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I am in the market for a new masternode right now, not sure if eating those coins at .0085 or wait for it to come down a bit? Any opinions?
No sell support, InstantX testing now, things are looking good. I wouldn't want to be waiting for a retracement now, but I'm not a market expert. Don't miss the train! 0.01 incoming could get a retracement from 0.01 down to 0.008 afterwards Thanks will grab them now then. Happy Masternoding!
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toknormal
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February 01, 2015, 11:31:36 PM |
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Symbolic crossover....this is now happening more and more. We may be approaching a permanent de-couple.
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TaoOfSaatoshi
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February 01, 2015, 11:33:31 PM |
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Symbolic crossover....this is now happening more and more. We may be approaching a permanent de-couple. As well it should be. It's time to step out of the LITE and into the DRK!
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RenegadeMan
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February 01, 2015, 11:33:51 PM |
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There is a Chinese site that claims to be the Asian branch of Darkcoin and is trying to scam people by selling Darkcoin. I'm not sure how big it is because we've only receive a few reports, but please help by reporting them to google so they are not indexed any more. We need as many reports as possible. The site is: http://www.darkcoin.companyTo report it to google: https://www.google.com/safebrowsing/report_phish/From their front page (Google translated) On "creating value for our partners." Darkcoin Company believes that all customers, suppliers, shareholders, employees and other cooperative relations and their own units and individuals are their partners, and only through the efforts to create value for our partners, in order to realize their own value and access to development and success.
On "honesty, tolerance, innovation, service" Darkcoin Company believes that integrity is the foundation of all cooperation, tolerance is a prerequisite for problem solving, innovation is the tool for career development, the service is fundamental to create value.
Isn't it amazing how people can just blatantly lie through their teeth using all the words they think will pass them off as credible. Have sent a report to Google too.
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BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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toknormal
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February 01, 2015, 11:37:08 PM |
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Isn't it amazing how people can just blatantly lie through their teeth using all the words they think will pass them off as credible.
Have sent a report to Google too.
Better check that it is actually a scam and they're not actually just selling a stash of Darkcoins at a premium over exchange value.
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toknormal
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February 01, 2015, 11:40:52 PM |
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Meanwhile, over at the pigfarm, impatient Paycoin investors have started dumping and it's now below the 8 resistance. Some of them can't wait long enough for Josh to get home from the Superbowl to post his announcement that he's going to buy back all their coins at a 500% premium. While we're waiting for the DRK 5 minute chart to correct some temporary distraction is available here... https://bitcoinwisdom.com/markets/cryptsy/xpybtcUPDATE: I think this post in the last few minutes may have something to do with it.... http://blog.paybase.com/status-of-honor-program/Marketcap charts about to head for a major reshuffle I think. UPDATE: Whoooooooshhhhh !!!!!!! There it goes ! Niagra falls.
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RenegadeMan
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February 01, 2015, 11:47:24 PM |
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Isn't it amazing how people can just blatantly lie through their teeth using all the words they think will pass them off as credible.
Have sent a report to Google too.
Better check that it is actually a scam and they're not actually just selling a stash of Darkcoins at a premium over exchange value. It looks dodgy as all hell. Here's their contact page: Darkcoin (Asia) Company Limited Address: 2805 South Tower, Concordia Plaza, No, 1 Science Road, Kowloon HongKong Tel: +852 35251518 Fax: +852 35251516 Q Q: 2923836765 Zip Code: 999077 E-mail: cs@darkcoin.companyWebsite: www.darkcoin.companyThroughout the site they talk about "Darkcoin company" and it's mixed in with the term "Diablo" which is in the header of the page. This bit looks decidedly like they're trying to pass themselves off as Darkcoin
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BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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aleix
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February 01, 2015, 11:51:05 PM |
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Isn't it amazing how people can just blatantly lie through their teeth using all the words they think will pass them off as credible.
Have sent a report to Google too.
Better check that it is actually a scam and they're not actually just selling a stash of Darkcoins at a premium over exchange value. A Darkcoin Company with the name and the DRK logo in the header? C'mon. This shows clearly the scam.
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blade87
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February 01, 2015, 11:51:24 PM |
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Symbolic crossover....this is now happening more and more. We may be approaching a permanent de-couple. As it should. But to be fair DRK's cap is still only about 1/7th of LTCs.
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Freckleg
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February 01, 2015, 11:51:52 PM |
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Did I miss something are the master nodes on sale today? They are being bought like every 5 seconds or so
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