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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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May 14, 2014, 06:58:52 PM |
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Also, folks.
Remember that the "last traded price" (the one that gets displayed on tickers etc), is a bit meaningless without taking into account liquidity as well.
For example, the price is now taking a dip back to the late 60's after a rapid rise. However 2000 DRK will still cost you an average of 0.007552 BTC and would push the "last traded" price up to 77.
Just sayin. Don't be spooked by corrections without having thinking caps on.
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Propulsion
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May 14, 2014, 06:59:11 PM |
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I'm using this site right now. How soon will your p2pool node tracker update?
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Seio1
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May 14, 2014, 06:59:37 PM |
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You will be lucky if you even get to sell at 0.0035 in a few days Utclover is a major FUD spreader. Ignore him immediately.
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drkman
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May 14, 2014, 07:00:22 PM |
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Without being mean or anything, can anyone explain in plain English what exactly Mastercoin does? It's worth a lot (~$26 a coin) but I can't get the idea behind it. I'm wondering how it's worth so much?
On the other hand, people do not really understand how overpriced DOGE and LTC are compared to DRK (or how undervalued DRK is compared to DOGE and LTC). If one reduced the number of DOGEs to the number of DRKs (something like a reverse stock split in which for every 18000 current DOGEs you'd get one new DOGE that would equal the prior 18.000 DOGEs), DOGEs would cost something like 8$ per DOGE... and then you have to ask: 8$...for what? If we do that with LTC, where only 4.3mn LTCs would exist, LTC goes something like 70$ per coin... and again the question is "for what?". Answer. Inertia.However, Dark's gravity is pulling more and more shibes and LTC regulars into its own gravitational orbit and is gaining mass. Soon, noone will be able to prevent from being pulled to Dark as its mass will be too great to stay away from.
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ecoinspro
Member
Offline
Activity: 84
Merit: 10
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May 14, 2014, 07:01:22 PM |
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I just wanted a simple honest answer for a newbie like me but now I just think that you are just building a FAD kind of a mysterious atmosphere for you own good, so even if you say you are not going to influence me with your opinion you actual do.
You say it looks like a dump period. Another might view it as a pump period with corrections. Another might see it as a steady rise. Each one has their own view. And there is no simple honest answer on things concerning future price. It's all speculation. If there was a straightforward answer that "yes, hold, it will rise, definitely", then everyone and their grandmother would buy because of guaranteed profit. And if people knew it would fall, they'd sell and buy back lower. Few know what the price will do in the short-term, except the whales influencing the market in a big way. Long term, most of us are quite bullish in that we expect much higher prices based on the fundamentals. So it would be better for all of us to just come out and say in what values of DRK coin you bieleve most so I can go and research them on my own otherwise you don't answer my question please.
I suggest you do that. My own belief can be compressed in the following: There is a dedicated dev who intends to give Bitcoin a run for its money. He has already created a coin which is superior to Litecoin in many regards and has the intent to work in introducing additional functionality as we go along. Do I need to spell out where DRK is > LTC? It's anonymous, safer (11 hashes instead of 1), scarcer, has a better inflation formula, a better diff adjustment, is more balanced in CPU/GPU mining and more energy-friendly in GPU mining. It's better protected from multipools due to its diff and inflation adjustment, it brings innovation with the 90+10% mining output to masternodes who operate as proof of stake/service for the nodeholders and will also introduce IP obfuscation integrated into the coin's network. In other words, the future is DRK... thanks there is some points I had not thought about
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darkproton
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May 14, 2014, 07:02:03 PM |
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Also, folks.
Remember that the "last traded price" (the one that gets displayed on tickers etc), is a bit meaningless without taking into account liquidity as well.
For example, the price is now taking a dip back to the late 60's after a rapid rise. However 2000 DRK will still cost you an average of 0.007552 BTC and would push the "last traded" price up to 77.
Just sayin. Don't be spooked by corrections without having thinking caps on.
Nice analysis! Very cool brother
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 14, 2014, 07:02:47 PM |
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Fly high baby Cool, I like this Yea it looks good. Says the douche who bought darkcoin foundation domain names just to try and scalp them back to us. Fuck you Josh. You think the community is going to forget your attempt to cash in on charity? https://bitcointalk.org/index.php?topic=579373didn't he hand them over for cost or something?
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Minotaur26
Legendary
Offline
Activity: 1092
Merit: 1000
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May 14, 2014, 07:04:58 PM |
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You will be lucky if you even get to sell at 0.0035 in a few days Utclover is a major FUD spreader. Ignore him immediately.On utcclover own words from the Cinni thread: " Other / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine | No IPO on: May 12, 2014, 11:17:24 PM I deserve this. I spread too much FUD just to buy at 22k sat(cheap price). Now this happens. If you really believed the FUD I spread then you shouldn't be trading crypto." Please ignore.
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panicbuythenpanicsell
Newbie
Offline
Activity: 27
Merit: 0
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May 14, 2014, 07:06:17 PM |
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I think the rise will end when the pumpers dump. Those buy walls are there for a reason. They were 155 and 153 respectively two days ago. I could be wrong but it just looks like a vert pump all over again and when the dump comes, it will be intense. Here's to hoping I'm wrong.
The reason you might be wrong is: [1] - that this isn't a 'safe' "pump and dump" coin for dumpers. It is actually being bought on solid fundamentals which makes it far tighter on liquidity when there's a change in sentiment. If you watch the major dumps, they have all blown up in the dumpers face shortly afterwards as the market takes off again [2] - it's been steadily rising for weeks. Lately, the pump and dump cycle has been getting ever faster - down to several hours for example for CINNI. [3] - there have already been plenty of "tree shaking" moments lately. It lost nearly half it's value about 2 weeks ago and had a further few shocks since then. All of these tremors help to pack the price in [4] - there is a certain market cap threshold which an asset can get to which gives it a stabilising inertia. Look at the top 7 or 8 coins on marketcap. They've been there since the dawn of man (well, of crypto alts at least ). That's because mass holding gives the asset a kind of market "rubber stamp" that secures its position and makes it very resistent to challenge - even from newer coins having major technological improvements. (Witness Litecoin. Almost every other coin out now is about 50 times more technologically advanced. It doesn't even do anything interesting except confirm a bit faster than Bitcoin. All the same - check its market cap compared to the nearest competitor). On the other hand, of course, you may be right. No one can ever tell in this market. It's the wild west with some earthquake zones and a few untamed lions thrown in for good measure. But we must keep our thinking hats on all the same and not just throw in the towel because there's too much turbulence to read the writing on the page. The writing's still there and pumpers and dumpers will definitely not have the last say on which technologies and assets emerge from all this intact. I think you make good points, but at the same time, it was similar praise and optimistic forecasts that made me invest between .004 and .005 during/after the big pump all the way from .0015. I believed in the coin, but I was not aware I was buying near the all-time high after a big pump (or rather, I was not aware of what that meant). Yes, Darkcoin is a freaking awesome coin with a lot of potential. But at the same time, be careful about buying literally at the all-time high. I honestly don't know what will happen with the price now. I feel like shit because I sold my coins around .006, thinking it would be quiet for a few weeks and that the price would settle lower. Just my two cents.
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darkproton
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May 14, 2014, 07:06:38 PM |
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Fly high baby Cool, I like this Yea it looks good. Says the douche who bought darkcoin foundation domain names just to try and scalp them back to us. Fuck you Josh. You think the community is going to forget your attempt to cash in on charity? https://bitcointalk.org/index.php?topic=579373didn't he hand them over for cost or something? Not sure, but I think we should cut him slack. He relented and will only offer to the devs. Fair enough. I mean, he has stated they are not for sale. I embrace his support. A mistake should not be held against someone in perpetuity. Heck, even ymer is allowed a second chance....though he might be on his tenth.
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oblox
Legendary
Offline
Activity: 1442
Merit: 1018
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May 14, 2014, 07:08:30 PM |
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I think the rise will end when the pumpers dump. Those buy walls are there for a reason. They were 155 and 153 respectively two days ago. I could be wrong but it just looks like a vert pump all over again and when the dump comes, it will be intense. Here's to hoping I'm wrong.
The reason you might be wrong is: [1] - that this isn't a 'safe' "pump and dump" coin for dumpers. It is actually being bought on solid fundamentals which makes it far tighter on liquidity when there's a change in sentiment. If you watch the major dumps, they have all blown up in the dumpers face shortly afterwards as the market takes off again [2] - it's been steadily rising for weeks. Lately, the pump and dump cycle has been getting ever faster - down to several hours for example for CINNI. [3] - there have already been plenty of "tree shaking" moments lately. It lost nearly half it's value about 2 weeks ago and had a further few shocks since then. All of these tremors help to pack the price in [4] - there is a certain market cap threshold which an asset can get to which gives it a stabilising inertia. Look at the top 7 or 8 coins on marketcap. They've been there since the dawn of man (well, of crypto alts at least ). That's because mass holding gives the asset a kind of market "rubber stamp" that secures its position and makes it very resistent to challenge - even from newer coins having major technological improvements. (Witness Litecoin. Almost every other coin out now is about 50 times more technologically advanced. It doesn't even do anything interesting except confirm a bit faster than Bitcoin. All the same - check its market cap compared to the nearest competitor). On the other hand, of course, you may be right. No one can ever tell in this market. It's the wild west with some earthquake zones and a few untamed lions thrown in for good measure. But we must keep our thinking hats on all the same and not just throw in the towel because there's too much turbulence to read the writing on the page. The writing's still there and pumpers and dumpers will definitely not have the last say on which technologies and assets emerge from all this intact. I think you make good points, but at the same time, it was similar praise and optimistic forecasts that made me invest between .004 and .005 during/after the big pump all the way from .0015. I believed in the coin, but I was not aware I was buying near the all-time high after a big pump (or rather, I was not aware of what that meant). Yes, Darkcoin is a freaking awesome coin with a lot of potential. But at the same time, be careful about buying literally at the all-time high. I honestly don't know what will happen with the price now. I feel like shit because I sold my coins around .006, thinking it would be quiet for a few weeks and that the price would settle lower. Just my two cents. Difference between now and then is that we are one step closer to darksend being complete. You could look at buying all-time highs, sure, but if you think it will be AT LEAST $50 million in marketcap, it's still "cheap" by every possible sense of the word.
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 14, 2014, 07:09:45 PM |
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I think the rise will end when the pumpers dump. Those buy walls are there for a reason. They were 155 and 153 respectively two days ago. I could be wrong but it just looks like a vert pump all over again and when the dump comes, it will be intense. Here's to hoping I'm wrong.
The reason you might be wrong is: [1] - that this isn't a 'safe' "pump and dump" coin for dumpers. It is actually being bought on solid fundamentals which makes it far tighter on liquidity when there's a change in sentiment. If you watch the major dumps, they have all blown up in the dumpers face shortly afterwards as the market takes off again [2] - it's been steadily rising for weeks. Lately, the pump and dump cycle has been getting ever faster - down to several hours for example for CINNI. [3] - there have already been plenty of "tree shaking" moments lately. It lost nearly half it's value about 2 weeks ago and had a further few shocks since then. All of these tremors help to pack the price in [4] - there is a certain market cap threshold which an asset can get to which gives it a stabilising inertia. Look at the top 7 or 8 coins on marketcap. They've been there since the dawn of man (well, of crypto alts at least ). That's because mass holding gives the asset a kind of market "rubber stamp" that secures its position and makes it very resistent to challenge - even from newer coins having major technological improvements. (Witness Litecoin. Almost every other coin out now is about 50 times more technologically advanced. It doesn't even do anything interesting except confirm a bit faster than Bitcoin. All the same - check its market cap compared to the nearest competitor). On the other hand, of course, you may be right. No one can ever tell in this market. It's the wild west with some earthquake zones and a few untamed lions thrown in for good measure. But we must keep our thinking hats on all the same and not just throw in the towel because there's too much turbulence to read the writing on the page. The writing's still there and pumpers and dumpers will definitely not have the last say on which technologies and assets emerge from all this intact. I think you make good points, but at the same time, it was similar praise and optimistic forecasts that made me invest between .004 and .005 during/after the big pump all the way from .0015. I believed in the coin, but I was not aware I was buying near the all-time high after a big pump (or rather, I was not aware of what that meant). Yes, Darkcoin is a freaking awesome coin with a lot of potential. But at the same time, be careful about buying literally at the all-time high. I honestly don't know what will happen with the price now. I feel like shit because I sold my coins around .006, thinking it would be quiet for a few weeks and that the price would settle lower. Just my two cents. Didn't you get the email? https://bitcointalk.org/index.php?topic=579976.msg6335710#msg6335710
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oblox
Legendary
Offline
Activity: 1442
Merit: 1018
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May 14, 2014, 07:10:22 PM |
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Fork engage?
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 14, 2014, 07:11:56 PM |
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Just managed to get cleared funds into mintpal during the last bear trap window. Thanks
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utclover
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May 14, 2014, 07:13:33 PM |
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I wouldn't buy at this price level. It will return to 0.001 next few weeks 90% sure Be careful when buying at the top.
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richy
Full Member
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Activity: 224
Merit: 100
KryptoBonds, Bonds Industry now in Blockchain
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May 14, 2014, 07:13:53 PM |
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I've just switched from BC to DRK.
I LOVE U !
welcome man ... i did so earlier... i can feel your relief
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NutMasterTardd
Legendary
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Activity: 1512
Merit: 1015
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May 14, 2014, 07:14:49 PM |
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I wouldn't buy at this price level. It will return to 0.001 next few weeks 90% sure Be careful when buying at the top.
If you think you'll see a lower price than before this rise started you must be delusional
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GEO, RLC & QRL.
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 14, 2014, 07:15:04 PM |
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You will be lucky if you even get to sell at 0.0035 in a few days Utclover is a major FUD spreader. Ignore him immediately.On utcclover own words from the Cinni thread: " Other / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine | No IPO on: May 12, 2014, 11:17:24 PM I deserve this. I spread too much FUD just to buy at 22k sat(cheap price). Now this happens. If you really believed the FUD I spread then you shouldn't be trading crypto." Please ignore. Ahahahaha this is epic stuff. "I deserve this, I spread too much FUD"
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