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

[razen489]

Behold Darkcoin awakens from the dark! https://www.coingecko.com/en/price_charts/darkcoin/btc/90_days 

[miningpros]

I'm just reflecting on the low supply and concluding that pumps are completely different kettles of fish this time around.

After a huge devaluation such as we saw across all coins last year following the manic speculative pumps, coins are in the hands of longer term holders. Ask yourself - who's going to hold onto a coin and not take profits after a massive dump to 20% of a coin's all time high ?

A: Only people who bought to hold long term.

i.e.

on the way up, it's buy to dump

on the way down it's buy to hold

So we have a completely different type of holder this time around. That's why the supply is so low (plus a ton of it is now tied up in masternodes). We won't see anything like the dumping we saw last year (though there will of course be corrections).

That's also possibly why the price hung around for so long in the 5-7 range. There just wasn't the liquidity anymore for any large buys (even 1 masternode) at those prices. A revaluation was is required.

Even so, I can't help looking at that Cryptsy order book and thinking - forget price hikes, this market looks in danger of going bid only.

That would be a first in crypto and a very interesting phenomenon.  

(Cryptsy's already there as far as masternodes are concerned - bid only. How's about that ? Cause for an Amber Alert)

Interesting point you have here.

Turned on the computer and looked at the charts , immediately thought that IX had started without looking at DCT yet.
turned out that IX still on testnet.

There is so much trust in DRK that at a certain level its dangerous to sell your DRK , I think we have reached that point right now, of course bag holders can still put up a sell wall, but part of their holds are in MN.

Don't know exactly how BTC started the Big snowball effect in 2013  but in DRK's case something just has to lit up this fire......

[toknormal]

I will get more profit from trading elsewhere, then buying another 2000 drk

That was possible a year ago but is far harder / more risky this year.

The market is more consolidated and everyone's looking for the kind of massive returns that were acheived with QRK, CINNI, AUR, NXT, LTC et al.

This year it's a question of picking your horse(s) and sticking with it for a while. Fundamentals are far more important than pumps this time around (for the reasons I cited in my last post). If your lucky you'll get a marginal ROI but not the kind of 1000's of percent we saw when the altcoin market was becoming established.

Those days are gone.

[oleander7]

I will get more profit from trading elsewhere, then buying another 2000 drk

That was possible a year ago but is far harder / more risky this year.

The market is more consolidated and everyone's looking for the kind of massive returns that were acheived with QRK, CINNI, AUR, NXT, LTC et al.

This year it's a question of picking your horse(s) and sticking with it for a while. Fundamentals are far more important than pumps this time around (for the reasons I cited in my last post). If your lucky you'll get a marginal ROI but not the kind of 1000's of percent we saw when the altcoin market was becoming established.

Those days are gone.

I hope you are right, but for me it is all clear now. I was a total noob last year when drk was at ATH, and belived that it will supprass ltc, so I've sold only part of my holdings. The volume was great and fundamentals improving, but it all went down the drain. I've sold my drk in december and now i'm geting more steady profit without all that drama. So thank you, but no drk for me anymore. Good luck guys.  

[BiteMyShinyMetalAss]

BTC-e will add DRK, they will do it! Soon, very soon!

[BiteMyShinyMetalAss]

I will get more profit from trading elsewhere, then buying another 2000 drk

That was possible a year ago but is far harder / more risky this year.

The market is more consolidated and everyone's looking for the kind of massive returns that were acheived with QRK, CINNI, AUR, NXT, LTC et al.

This year it's a question of picking your horse(s) and sticking with it for a while. Fundamentals are far more important than pumps this time around (for the reasons I cited in my last post). If your lucky you'll get a marginal ROI but not the kind of 1000's of percent we saw when the altcoin market was becoming established.

Those days are gone.

I hope you are right, but for me it is all clear now. I was a total noob last year when drk was at ATH, and belived that it will supprass ltc, so I've sold only part of my holdings. The volume was great and fundamentals improving, but it all went down the drain. I've sold my drk in december and now i'm geting more steady profit without all that drama. So thank you, but no drk for me anymore. Good luck guys.  

There is an acient chinese proverb:"There is a time for a pump and there is a time for a dump - never go full retard!" 

P.s. No offense intented!

[Frank.Dux]

i dont think so. its ltc's fortress and they dont like drk i dont know why..

[BiteMyShinyMetalAss]

i dont think so. its ltc's fortress and they dont like drk i dont know why..

In the end of the day, its all about the business. Business is business.

[Otoh]

Panic buy started? I'm just hope that no more naive noobs will burn on this pump.

I think you are wishing the price go down, so you can buy back in. But I dont think at this point, it will go lower than 0.0093-0.0095

Oh, no I'm done with this coin. To much brain stress. I've got into another good coin in December. It paid off much better in 2 month then this thing that I've holded and even traided for half a year. And don't start this "price will not go below...". You can find it plenty in this thread, guess how many of them come true? Price will be what whales like otoh want it to be and when they are done pumping they will dump those coins on another stupid noobs and traiders faster than you can say "Dump!". It was done before and will be done again. Its good old Pump&Dump, nothing more.

You seem very sure about that, so how about we both put 2,000 DRK or whatever you're comfortable with in to a trusted escrow as a wager that in the next 12 months I never lower one of my bid walls, let alone dump, easy money if it's so obvious to you?

12 month? Too long for me. If you can pump it to 0.025-0.03 range in a following month than it would be a reasonable bet. If the price will just hold here because of your buy walls then whats the point? I will get more profit from trading elsewhere, then buying another 2000 drk. I really wish you good time. If you are confident in drk so much its all good. Make other people confident too. I'm out and will not come into drk again.  

OK, good bye.

as someone was asking on another thread:

"Otoh: well just to set a floor level really, I'm not fussed about the price going up, I just got fed up of when it was getting dumped down, now that can't happen any more

Otoh: any price increase is made by others, I just provide the floor but can't garantee any upside"

I'm not interested in pumping the price up from here, I started this when the price was .006 just two or three weeks ago, I did think that it was undervalued, now it's approx 0.01, that's what a solid floor can help to happen it seems

[kointrend]

I hope you are right, but for me it is all clear now. ....... I've sold my drk in december and now i'm geting more steady profit without all that drama. So thank you, but no drk for me anymore. Good luck guys. 

For you is all clear!?! ...selling drk in december !?! Take care and good luck with yours"steady profits"!

[thevictimofuktyranny]

I hope you are right, but for me it is all clear now. ....... I've sold my drk in december and now i'm geting more steady profit without all that drama. So thank you, but no drk for me anymore. Good luck guys.  

For you is all clear!?! ...selling drk in december? Take care and good luck with yours"steady profits"!

Basic economics

Darkcoins supports 50%-60% of all GPU miners hashpower currently

It becoming the new reserve/saving crypto currency of GPU owners

Whatever is the reserve/saving currency of GPU miners is going to become successful and rise in price to the point where making new GPU purchases is viable.

Hence, my past posts, that DRK was undervalued.

It is still undervalued

[TaoOfSaatoshi]

I will get more profit from trading elsewhere, then buying another 2000 drk

That was possible a year ago but is far harder / more risky this year.

The market is more consolidated and everyone's looking for the kind of massive returns that were acheived with QRK, CINNI, AUR, NXT, LTC et al.

This year it's a question of picking your horse(s) and sticking with it for a while. Fundamentals are far more important than pumps this time around (for the reasons I cited in my last post). If your lucky you'll get a marginal ROI but not the kind of 1000's of percent we saw when the altcoin market was becoming established.

Those days are gone.

I hope you are right, but for me it is all clear now. I was a total noob last year when drk was at ATH, and belived that it will supprass ltc, so I've sold only part of my holdings. The volume was great and fundamentals improving, but it all went down the drain. I've sold my drk in december and now i'm geting more steady profit without all that drama. So thank you, but no drk for me anymore. Good luck guys.  

Obvious questions are obvious:
What are you still doing here? How many times are you going to post that you're done with DRK?
Nobody here gives a sh*t. We've all committed to this coin, understandably, so you're not going to convince us to leave. Just what is your agenda here, champ?

[Rux]

omg guys, he is done? haha what we are gonna do now? ....  

daddy daddy... 0.02... are we there yet?

Darkcoin....is making my life easier every day

again, will not sell any DRK until btc/drk is 1:1

[oleander7]

I hope you are right, but for me it is all clear now. ....... I've sold my drk in december and now i'm geting more steady profit without all that drama. So thank you, but no drk for me anymore. Good luck guys. 

For you is all clear!?! ...selling drk in december !?! Take care and good luck with yours"steady profits"!

Yes, and I'm glad that I did. If dark was 0.015 now then I would regret.

[ilic]

Exciting times upon us again, I dont want to go to sleep tonight because I dont want to miss the action!

Anyway, as many of us are aware, even at 0.01 DRK is still quite cheap given its potential.

Although I am hopefull it will boom and break through 0.02, 0.03 etc etc I think for that to happen the coin needs more adoption still.

Most people buying DRK are investors ready to sit and hold (myself included) but until people can actually spend Darkcoins (yes I am aware of the sites currently accepting DRK but we need more) too I think the price will steadily increase but not skyrocket.  Although I am not a supporter of any silk-road type markets, once this type of market catches on as well as the traditional online goods retailers like Dell and Overstock did with BTC, then Dark will really boom.

And of course if BTC-e would pull their head out of their ass and accept DRK that would go a long way to increasing the value of the coin too.  I think for that to happen, LTC will pretty much have to be utterly dead which will probably happen at some point this year maybe?

Anyway, I'm looking forward to the year in crypto and watching my small stash of Darkcoin gain in value.  And for the record, I aint selling a single one until we hit atleast USD $50ea and then I will sell maybe 5!

[toknormal]

Obvious questions are obvious:
What are you still doing here? How many times are you going to post that you're done with DRK?

+1 and Amen to that.

I will get more profit from trading elsewhere, then buying another 2000 drk

...and before you go you might like to reflect on the fact that you bought on a pump and sold on a dump, thereby making yourself responsible for the very price trend you're complaining about. (Like the guy in the traffic jam who rants at the amount of traffic).

Buy and sell on fundamentals instead of bandwagons and you won't have that problem, however if you want to compound your error then - hey, who are we to stop you ! There's a supply shortage in the markets and any additional will be welcomed I'm sure  

[Artoodeetoo]

Thread nice and busy, lots of jealous people wishing they had bought earlier, oh well..

Good old human behavior....

Price is low, people want it higher,

Price rises, people want it to go lower to "buy more" as missed the boat syndrome sets in...

Sure we will see more of this over the coming weeks...

Next step is panic buying, that will be on us soon as well I imagine.

[TaoOfSaatoshi]

Thread nice and busy, lots of jealous people wishing they had bought earlier, oh well..

Good old human behavior....

Price is low, people want it higher,

Price rises, people want it to go lower to "buy more" as missed the boat syndrome sets in...

Sure we will see more of this over the coming weeks...

Next step is panic buying, that will be on us soon as well I imagine.

I like your signature. Are you on Twitter?

[Artoodeetoo]

Thread nice and busy, lots of jealous people wishing they had bought earlier, oh well..

Good old human behavior....

Price is low, people want it higher,

Price rises, people want it to go lower to "buy more" as missed the boat syndrome sets in...

Sure we will see more of this over the coming weeks...

Next step is panic buying, that will be on us soon as well I imagine.

I like your signature. Are you on Twitter?

I am indeed, and I use the tags

[kointrend]

Thread nice and busy, lots of jealous people wishing they had bought earlier, oh well..

Good old human behavior....

Price is low, people want it higher,

Price rises, people want it to go lower to "buy more" as missed the boat syndrome sets in...

Sure we will see more of this over the coming weeks...

Next step is panic buying, that will be on us soon as well I imagine.

You forgot the fools that like sell earlier and buy late!  

I hope you are right, but for me it is all clear now. ....... I've sold my drk in december and now i'm geting more steady profit without all that drama. So thank you, but no drk for me anymore. Good luck guys. 

For you is all clear!?! ...selling drk in december !?! Take care and good luck with yours"steady profits"!

Yes, and I'm glad that I did. If dark was 0.015 now then I would regret.