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

[HinnomTX]

Why what is happening ? Why DRk is getting dumped ?

Some people can't resist selling after a recent big run up. Many are up 1000% (or more!) on their original investment and want to lock in some gains by selling for BTC. This is all part of the market dynamics. I still think we'll see single digits in dollar terms before resuming the bull run.  To answer the inevitable question, "Why don't you sell now and buy back in when it's cheaper?" Because I can't time the markets and don't want to miss a big move up in price. Nothing makes you feel more like a sucker than panic buying.

My advice (hard to follow because most of us work in front of a computer all day): Clamshell the computer and come back in August.

[1715184142]

1715184142

[slapper]

From the bitfinex official thread

I'm adding them to http://www.bfxdata.com now, not a girl, but I'll add it anyway

Here you go folks:

http://www.bfxdata.com/bitfinexOrderbookDRKUSD.php
http://www.bfxdata.com/bitfinexOrderbookDRKBTC.php

Some professional traders are getting into the game.

[Joshuar]

Why what is happening ? Why DRk is getting dumped ?

Some people can't resist selling after a recent big run up. Many are up 1000% (or more!) on their original investment and want to lock in some gains by selling for BTC. This is all part of the market dynamics. I still think we'll see single digits in dollar terms before resuming the bull run.  To answer the inevitable question, "Why don't you sell now and buy back in when it's cheaper?" Because I can't time the markets and don't want to miss a big move up in price. Nothing makes you feel more like a sucker than panic buying.

My advice (hard to follow because most of us work in front of a computer all day): Clamshell the computer and come back in August.

Very true. +1

[AizenSou]

I just notice that Bryce Weiner has deleted his tweet about #RIP #DRK from yesterday. Even a man like himself tries to spread FUD to get cheap DRKs ? It is unacceptable IMHO. No one attacks DRK when it was only 70 cents. Now we get attacks for every minute.  

[simtal]

Why what is happening ? Why DRk is getting dumped ?

Some people can't resist selling after a recent big run up. Many are up 1000% (or more!) on their original investment and want to lock in some gains by selling for BTC. This is all part of the market dynamics. I still think we'll see single digits in dollar terms before resuming the bull run.  To answer the inevitable question, "Why don't you sell now and buy back in when it's cheaper?" Because I can't time the markets and don't want to miss a big move up in price. Nothing makes you feel more like a sucker than panic buying.

My advice (hard to follow because most of us work in front of a computer all day): Clamshell the computer and come back in August.

or bag holding, I think you feel like more of a sucker bag holding that panic buying it just proves that the coin is controlled by a few people 25% moves daily is not the mark of a mature coin trying to overtake LTC. And I say this as an investor, I just feel its all being controlled.

[Joshuar]

I just notice that Bryce Weiner has deleted his tweet about #RIP #DRK from yesterday. Even a man like himself tries to spread FUD to get cheap DRKs ? It is unacceptable IMHO. No one attacks DRK when it was only 70 cents. Now we get attacks for every minute.  

So true, reminds me of when I first heard of Bitcoin, was only negative things.

[splawik21]

I just notice that Bryce Weiner has deleted his tweet about #RIP #DRK from yesterday. Even a man like himself tries to spread FUD to get cheap DRKs ? It is unacceptable IMHO. No one attacks DRK when it was only 70 cents. Now we get attacks for every minute.  

On the way to become the biggest altcoin there will be a lot of FUD and attacks before we will rich the top.
Many different ppl will blame drk with different shit to buy drk at lower prices. It normal, the greed of ppl show who they really are, it is the dark side of a men.

[Ozziecoin]

We just need a few whales to realise the folly of holding Ltc and switch to Drk. The rest of the whales will then run for the door.

[TanteStefana2]

or bag holding, I think you feel like more of a sucker bag holding that panic buying it just proves that the coin is controlled by a few people 25% moves daily is not the mark of a mature coin trying to overtake LTC. And I say this as an investor, I just feel its all being controlled.

I also wish that the coin were more spread out.  In the beginning we had a great distribution because all the original miners sold their coins off and it was cheap.  But now we have some entities with tons of money that have bought up huge amounts, and it just doesn't feel healthy.  But it's a free market, you can't force people not to buy...

As far as bag holding, I won't be letting go of my small stash, I'm hoping to earn a little monthly spending money from my 2 masternodes so I can spoil my kids a bit ;P  It may not last long (earnings will probably go down with so many people opening masternodes) but something is better than nothing!

[Ozziecoin]

I also wish that the coin were more spread out.  In the beginning we had a great distribution because all the original miners sold their coins off and it was cheap.  But now we have some entities with tons of money that have bought up huge amounts, and it just doesn't feel healthy.  But it's a free market, you can't force people not to buy...

As far as bag holding, I won't be letting go of my small stash, I'm hoping to earn a little monthly spending money from my 2 masternodes so I can spoil my kids a bit ;P  It may not last long (earnings will probably go down with so many people opening masternodes) but something is better than nothing!

That's what I mean TS. The early miners let it slip from their hands. It was sad.  

You don't have to worry about whale dumping for now due to MNs tying up capital and earning healthy ROI for themselves.

[eduffield]

It's a bit late, but this press release went out yesterday:

http://www.prweb.com/releases/2014/06/prweb11907732.htm

[Joshuar]

It's a bit late, but this press release went out yesterday:

http://www.prweb.com/releases/2014/06/prweb11907732.htm

Nice article, good read!  

[AizenSou]

or bag holding, I think you feel like more of a sucker bag holding that panic buying it just proves that the coin is controlled by a few people 25% moves daily is not the mark of a mature coin trying to overtake LTC. And I say this as an investor, I just feel its all being controlled.

I also wish that the coin were more spread out.  In the beginning we had a great distribution because all the original miners sold their coins off and it was cheap.  But now we have some entities with tons of money that have bought up huge amounts, and it just doesn't feel healthy.  But it's a free market, you can't force people not to buy...

As far as bag holding, I won't be letting go of my small stash, I'm hoping to earn a little monthly spending money from my 2 masternodes so I can spoil my kids a bit ;P  It may not last long (earnings will probably go down with so many people opening masternodes) but something is better than nothing!

2 MNs is a lot of money now for some people (~ 40BTC ~ 27k $) . Don't worry you will be doing well than you expected.

[T.Stuart]

The coin has gone up 100% in a week. 100%! So why can't it retrace a few percent?

It's consolidation. Don't worry about the minute charts ; look at the 12h mintpal chart on bitcoinwisdom for example. Zooming out increases calm.



 

[slapper]

It's a bit late, but this press release went out yesterday:

http://www.prweb.com/releases/2014/06/prweb11907732.htm

Thanks now go back to coding and play the government spy that you are  

[TanteStefana2]

I also wish that the coin were more spread out.  In the beginning we had a great distribution because all the original miners sold their coins off and it was cheap.  But now we have some entities with tons of money that have bought up huge amounts, and it just doesn't feel healthy.  But it's a free market, you can't force people not to buy...

As far as bag holding, I won't be letting go of my small stash, I'm hoping to earn a little monthly spending money from my 2 masternodes so I can spoil my kids a bit ;P  It may not last long (earnings will probably go down with so many people opening masternodes) but something is better than nothing!

That's what I mean TS. The early miners let it slip from their hands. It was sad.  

You don't have to worry about whale dumping for now due to MNs tying up capital and earning healthy ROI for themselves.

I don't think it was sad, it was the best thing that could happen to drk!  It spread the coins to many more people than just miners.  Including myself, I wouldn't have 2 MN if I couldn't buy so cheap (though I kept buying at the high, LOL)  Anyway, DRK is by far the best coin out there bar none.  I don't care how much the market oscillate, that won't scare me.  Heck, the whole crypto marketplace is so new, it is amazing it doesn't oscillate more!  But I do love reading everyone's predictions, and if I could do that half way decently, I'd try to increase my holdings as well, but I'm terrible, and won't try it again (after losing half of what I played with, oh terrible!  LOL

[ddink7]

The coin has gone up 100% in a week. 100%! So why can't it retrace a few percent?

It's consolidation. Don't worry about the minute charts ; look at the 12h mintpal chart on bitcoinwisdom for example. Zooming out increases calm.



 

Agreed. It's called "profit taking" and it happens in all markets.

[rickraw]

The coin has gone up 100% in a week. 100%! So why can't it retrace a few percent?

It's consolidation. Don't worry about the minute charts ; look at the 12h mintpal chart on bitcoinwisdom for example. Zooming out increases calm.



 

Agreed. It's called "profit taking" and it happens in all markets.

And the difference is when it occurs when we reach or approach an ATH, it is profit-taking.  If it occurs following bad news, it's fear.

[Freckleg]

The coin has gone up 100% in a week. 100%! So why can't it retrace a few percent?

It's consolidation. Don't worry about the minute charts ; look at the 12h mintpal chart on bitcoinwisdom for example. Zooming out increases calm.



 

Agreed. It's called "profit taking" and it happens in all markets.

And the difference is when it occurs when we reach or approach an ATH, it is profit-taking.  If it occurs following bad news, it's fear.

and right now is called stupid... ;-)

[T.Stuart]

The coin has gone up 100% in a week. 100%! So why can't it retrace a few percent?

It's consolidation. Don't worry about the minute charts ; look at the 12h mintpal chart on bitcoinwisdom for example. Zooming out increases calm.

Agreed. It's called "profit taking" and it happens in all markets.

And the difference is when it occurs when we reach or approach an ATH, it is profit-taking.  If it occurs following bad news, it's fear.

and right now is called stupid... ;-)

People do have short memories. A week ago people were selling at .01. Today it's at .02. Next week what will it be?