slapper
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May 28, 2014, 07:38:03 AM |
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That is fuzzy math and growth like that is not sustainable at all levels. I am sure that analyst will adjust the multipliers as he gets new trend data at these growth curves. The infrastructure needs to be an unparalleled network of hardened distributed masternodes with good support from markets, merchants and users to command that kind of valuation. Couple that with development team augmentation like Evan solicited, wider recognition through conference presentations and other all around growth, anything is possible.
The hyperboles are as exhausting as the constant flood of no life trolls.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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mikemikemike
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May 28, 2014, 07:43:23 AM Last edit: May 28, 2014, 08:05:01 AM by mikemikemike |
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I am just going to throw out there what I said the other day... I wish I could find the article I read, but I am sure someone else read the same thing. I don't always understand where people come up with their analysis, but so far he seems dead on, and I am encouraged at the possibilities still.... not wavering one bit.
To recap, he stated that so far DRK has followed the same pattern over and over (I think he said it has happened 5-6 times already), and that is the price of DRK climbs 5x, and then has a 40% sell-off.
Well, the price peaked at .0277 btc before this latest drop started...
Using that number, .0277 x .6 = .01662
This is right about where we have seen the price finally settle after some valleys & peaks trading around this level.
So assuming he is right, sometime in the next couple of weeks the coin could be heading upwards to the .0831 neighborhood ($48.04 based on current price of BTC).
Just repeating what I read really, but until I see different I think it is the best analysis I have seen.
This makes sense. The general consensus is that at some point DRK will test LTC. This isn't only my belief, or the beliefs of the full time trades I talk with on a regular basis, but also the belief of many prominent BTC evangelists, writers and investors. But the price can't just jump up like that, it has to do it in swings, it's how markets work. All the people selling now are just short term investors who can't look past the 15M charts and think this downtrend is the end. I really wouldn't worry about the price right now, it will settle soon and then we will see another huge uptrend. Me, and so many other experienced traders are just using moments like this to increase our stake. Darkcoin is the most innovative coin since bitcoin, fullstop, I would seriously like to see a competent argument against this, There isn't another coin out there that can influence the way the market works in the way this coin can. Don't worry about the price, and if you are, just make sure your in before the next jump. I don't think there is anymore than two before we test 0.1 To put this in perspective, I'm now sitting on my first loss in six months. Am I worried? Nope. This is called price discovery, and we can't move up again until we shake off all the weaker investors from this recent rise. Some people just don't have the stomach for swings, these are the people who more often than not lose money. Anyways, from my perspective, the more the price drops the better. It just means were shaking off more of those investors and getting more serious ones in. I mean shit, who else buys near the end of a downtrend apart from good investors? Because its defiantly not the weak investors, this is exactly when their supposed to sell.
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Terzo
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May 28, 2014, 07:54:00 AM |
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Looks like Xc will be drk's sister pos coin the way it's going!
Based on?The only anon thing XC has is.... developer. This is Darkcoin thread, please discuss XC in the XC thread.XC is a fraud !
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gminerz
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May 28, 2014, 07:54:33 AM Last edit: May 28, 2014, 08:07:12 AM by gminerz |
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Is x11 FPGA came out?
Net hash is going up so much.
no, gpus got new miner hashrate wet 50% up with this new miner. people was called fud and scam when they said there is secret faster miner, now it is for everyone see who tells the lies? my guess: price will drop same 50% to 0.008 in 2 days download your faster miner, dont miss hashtrain: https://bitcointalk.org/index.php?topic=623409.0
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InternetApe
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May 28, 2014, 07:56:07 AM |
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Is x11 FPGA came out?
Net hash is going up so much.
My guess is GPU miners fleeing Scrypt for any and all alternative algorithms. I think people are tired of HEATING their houses during the summer, mine X11 and save power in 2 ways, less to power the cards and less AC needed. It has been shown that other coins mining hash rate goes down during the summer, now they have a way to make money with less heat and electricity! Supposed to hit 107 here in Arizona tomorrow.
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splawik21
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DASH is the future of crypto payments!
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May 28, 2014, 08:03:46 AM |
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Is x11 FPGA came out?
Net hash is going up so much.
My guess is GPU miners fleeing Scrypt for any and all alternative algorithms. I think people are tired of HEATING their houses during the summer, mine X11 and save power in 2 ways, less to power the cards and less AC needed. It has been shown that other coins mining hash rate goes down during the summer, now they have a way to make money with less heat and electricity! Supposed to hit 107 here in Arizona tomorrow. InternetApe I live in Italy. We have here 32-38 Celcius in july and up to 43 in august. X11 is blessing for me ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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Terzo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 08:04:15 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
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CatKiwi
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May 28, 2014, 08:12:46 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
Who cares? It will bounce back to 0.02 just as quickly as it dropped. Its a volatile little beasty but even a blind man can see it horribly undervalued right now. Hold your coins, or better yet, trade em and increase your supply!
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Terzo
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May 28, 2014, 08:14:42 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
Who cares? It will bounce back to 0.02 just as quickly as it dropped. Its a volatile little beasty but even a blind man can see it horribly undervalued right now. Hold your coins, or better yet, trade em and increase your supply! I'm too scared to trade them . if i sell , the price will go up severel times !
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CatKiwi
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May 28, 2014, 08:16:42 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
Who cares? It will bounce back to 0.02 just as quickly as it dropped. Its a volatile little beasty but even a blind man can see it horribly undervalued right now. Hold your coins, or better yet, trade em and increase your supply! I'm too scared to trade them . if i sell , the price will go up severel times ! Murphy's law haha
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nzminer
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May 28, 2014, 08:19:32 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
DRK wont go away without a fight, its starting to drop again i see. Could be a good time to buy more soon.
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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nzminer
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May 28, 2014, 08:20:08 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
Who cares? It will bounce back to 0.02 just as quickly as it dropped. Its a volatile little beasty but even a blind man can see it horribly undervalued right now. Hold your coins, or better yet, trade em and increase your supply! I'm too scared to trade them . if i sell , the price will go up severel times ! Murphy's law haha Sure is, i thought it was going to go up today so i bought some, but they went down! lol
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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Ignition75
Sr. Member
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www.dashpay.io
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May 28, 2014, 08:20:46 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
DRK wont go away without a fight, its starting to drop again i see. Could be a good time to buy more soon. It's always time to buy DRK ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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The new generation have arrived and they brought their own currency...
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Terzo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 08:23:02 AM |
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It was about time for people to dump DARKCOIN ! Too bad i didn't sell all of my DRKs
Who cares? It will bounce back to 0.02 just as quickly as it dropped. Its a volatile little beasty but even a blind man can see it horribly undervalued right now. Hold your coins, or better yet, trade em and increase your supply! I'm too scared to trade them . if i sell , the price will go up severel times ! Murphy's law haha Sure is, i thought it was going to go up today so i bought some, but they went down! lol Soon people will realize that XC is a fraud . And later after RC3 the Darkcoin will be the best anonymous coin . I'm just angry that i couldn't sell high and now can't buy low . ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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CatKiwi
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May 28, 2014, 08:24:09 AM |
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Why the fuck are you morons selling at the low? You sell when its going up and buy when its going down. You will all get burned at this point, time to sell was at 1800....
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Judaz49
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May 28, 2014, 08:26:05 AM |
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bought more cant believe ppl selling this cheap.The difficulty + 20% for masternodes enough to skyrocket this coin to 0.04BTC+
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Judaz49
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 08:27:21 AM |
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all whales must be happy now filling their wallets with cheap DRKs
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rlm42
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 08:27:32 AM |
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This is what's gonna happen.. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Foi60.tinypic.com%2F2s199i1.jpg&t=665&c=1SK39R0nIa4bvA) My prediction is coming true so far.. Anyone want to hire me? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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HiddenDark
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 08:28:04 AM |
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I am just going to throw out there what I said the other day... I wish I could find the article I read, but I am sure someone else read the same thing. I don't always understand where people come up with their analysis, but so far he seems dead on, and I am encouraged at the possibilities still.... not wavering one bit.
To recap, he stated that so far DRK has followed the same pattern over and over (I think he said it has happened 5-6 times already), and that is the price of DRK climbs 5x, and then has a 40% sell-off.
Well, the price peaked at .0277 btc before this latest drop started...
Using that number, .0277 x .6 = .01662
This is right about where we have seen the price finally settle after some valleys & peaks trading around this level.
So assuming he is right, sometime in the next couple of weeks the coin could be heading upwards to the .0831 neighborhood ($48.04 based on current price of BTC).
Just repeating what I read really, but until I see different I think it is the best analysis I have seen.
I think DRK now faces 3 barriers to price rises: 1. People fell the growth has already been. 2. Uncertainty about the technology after the hard fork issues. 3. A lot of competition in the anonymity space.
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Hermann1337
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May 28, 2014, 08:28:26 AM |
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Why the fuck are you morons selling at the low? You sell when its going up and buy when its going down. You will all get burned at this point, time to sell was at 1800....
Number 1 rule of Trading: Stick to your plans! Dont get in panic... just do what u planned to do...
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