So no fud and the price still goes down. You're prediction of .08 is about to be realized.
I realise your not trolling here. You just don't like "cults" and everybody winding each other up in big ball of hype.
So I'll shut up this time with my "anti-troll" rhetoric because I identify with that sentiment myself, even though I may occasionally participate in it. But at the same time I think you should allow some latitude (and you do seem to have been doing this lately) for people favourably promoting the technical features of a project who's development they follow in some detail.
In many ways, it's a shame there's a price tag attached to the project because if there wasn't then this thread - and those of other cryptocurrencies - would be far less tribal and more about the genuine creativity that's behind them. All the same, your posts on here have come to symbolise a recurring theme across all [ANN] threads which is the 'were going to the moon and everybody else is shitcoin inc' sentiment.
We have to try to reach a balance and move on from the Blackcoin episode. The price evolution and the technical evolution are two distinct things. Much of the tension on bitcointalk arises from this ambiguity. Great things can be going on technically - which fires people up who are interested in that kind of thing - but the market can be in a different mood which then results in disparate perspectives amongst holders and traders. I happen to be in both camps and had to scratch my head over all this a few weeks ago. I sold on my own market analysis and then felt crap about it which I wasn't expecting. I had to then make up my mind about "why" I was investing in this project. I suspect that we all need to develop our thinking a bit about this - both "trolls' and holders, so that we're clearer about our priorities and don't feel so bad when someone with a different priority (e.g. price) takes a gain at our expense.
In summary, there are two distinct perspectives - technical development and market movements. From time to time they catch up with each other but in the meantime we must decide clearly which of of those priorities we individually identify with and not be put off when people make uncomfortable market analyses. GiftEncounter, mikethemike and shojayxt have all made quite relevant posts on here from time to time. They've also made totally troll like arrogant and adversarial posts, but I've done my share of that as well both here and on other threads.
We need to start communicating better with each other and advance beyond the Blackcoin debacle with intelligence, passion for the project and a bit of humility. The first step to doing that is - as far as apparently adversarial posts on the thread go - in knowing what those posters' priorities are and adequately contextualising their remarks.
As I understand it, here's the translation for the deaf:
[1] - if GiftEncounter makes a "DRK has had its day, it's going down now" post, it means he's shorting DRK right now and will be going long if the DRK / BTC MACD looks like crossing over with any significant volume in the 4-hour or greater chart. He's a market trader priority person who's interested in maximising his gain in ANY market regardless of the underlying fundamentals. I don't disrespect this approach - I myself operate like that in other markets. GiftEncounter sometimes makes genuine calls because he's quite an intelligent trader, but there are 2 problems with his posts:
a) they are all temporarily subjective according to whether he happens to be short or long and
b) lately, his trading success has been going to his head and he's been making arrogant posts about how stupid 'holders' in that particular coin are for holding rather than selling. In other words, he sees everyone as being in his "trading" role and hasn't yet progressed enough to realise that there are people actually doing real work to earn him his gains
[2] - if shojayxt makes a "it's going to 8" remark, it means that he might still be long but gets nauseated by the mutual appreciation society on here. I don't think it's really trolling, he just wants people to be realistic. (Apologies for referring to you in the 3rd person shojayxt). From time to time it turns into trolling but folk on here (including me) do the same in reverse and we all end up in a great ball of smoke. I have laid into shojayxt just as much an anyone but I don't really feel great about it afterwords and I'd prefer myself to have just accepted the odd adverse remark in a constructive manner if I was to be honest. The difference with GiftEncounter is that if GiftEncounter makes a trolling remark it's definitely because he's short. But if shojayxt makes an adverse remark he's looking for realism which means he's worried about his holdings - ergo: he's long. Huge difference in motivation and in that light, both can definitely not be regarded as "trolls" at the same time
[3] - if mikethemike makes an "I'll see you at 8"remark" I think it's because he's speaking from genuine experience. The difference with GiftEncounter is that:
a) he's made his short position public
b) he's posted some valid technical basis for his market appraisal
c) he went to some effort to field challenges to his comment and engage in dialog with other posters on the thread
Likeways, we need to clarify our own priorities - are we day trading or do we have a genuine technical interest in the project. It might be a great work and still go to zero price wise. If it does, I'll still be able to live with myself because I'm now clear about why I'm involved in this. On the other hand, the market might just end up agreeing with our appraisal of this project's merits in the long run which would obviously be great for everyone who's been grafting away at it, but also for those traders who backed it - even GiftEncounter. mikethemike and shojayxt if they end up going long again.
We don't know, but we need to all make sure we enjoy the ride however this ends up and whatever our role in it is.
Many would respond with the flippant throw-away tl;dr but I read every word toknormal and appreciate that you took the time to write this and (in a world of nonsensical poorly written knee jerk reactions) have helped to explain how different people are motivated by different drivers. Good post. Thanks.
