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

[dotnetmin]

BTC is rising -> DRK goes down because some people cash out to fiat
BTC is falling -> DRK goes down because people are panic selling and cash out to fiat

Crypto is nearly dead. only reason DRK did not die until now is because its a gamechanger in crypto,

This old man goes to sleep only to wake up to Yahoo Finance Message Board-like forum atmosphere. Price this or that, hints of "knowing" what would happen next, charts, bashing and cheering the coin given its price, so all I am looking forward are Bollinger Bands and Fibonacci Retracement Trading to die of Weltschmerz.

I mean, in both Bitcoin and now Darkcoin we have some of the most exciting developments since the invention of World Wide Web - IMHO Darkcoin being the first real alternative to the Financial Crime Cartel and its total dominance over the world. (did you take a look at the said world lately?) This thingy is so huge in its potential that it would have to be defended with our blood and bodies, if needed, once "they" start to attacking it in order to keep the status quo ("all for us, nothing for you") intact.

Darkcoin, being a toddler, needs all support it could get - we, its enthusiasts, need to spread the word, introduce it to new people (I've done my deed here, and am keep doing it), we need to knock the door of every retailer we know, trying to promote the idea of financial freedom, a concept UNHEARD OFF for majority of the world thus far. But, moreover, we need to help Evan & Co. work and keep creating a miracle. Is this an easy task, "creating a miracle," of a better, parallel world (economy, finances) from what we have now - a total oppression?

Do we realize how distorted our view of this development is?

We are privy, even more so, we have an enormous privilege to be in a virtual garage akin to these few lucky bastards that were with Jobs and Wozniak in the Job's garage, as they were designing the Apple I in the late 1970s, witnessing the birth of something huge. Were they bickering over the price of Apple I? Nope, they were working they freaking asses off.

And we? We can - NOW, even in the DEVELOPMENT STAGE of the Project - make $$ with Masternodes. We can invest and ALREADY profit from it, in this tender, new, infant phase. Do we even realize how enormous this is?

I do not understand exacly all things you are saying, but i read between the lines. I am sure you are also a PM bug. Both markets, crypto and PM are the counterpart of centralbanks and it will become harder to fight against as they are much more powerful than a hand of nerds and bugs. So we have to prepaired to loose money.

[crackfoo]

The latest shift for the Darkcoin multipool paid out over 76 DRK.

Cheers!

[GhostPlayer]

 I'm really excited that DRK is not following BTC. I truly think this is a great gauge on how little DRK is known to the vast market, and how independent it has become.

What I cant grasp is why the price isnt budging much, but market cap has risen significantly. Tutoring warmly welcomed

[toknormal]

Bitstamp and BTCe are off the charts with some of the most manic trading I've ever seen.

Just watched a 200 BTC sellwall getplaced and bought in under a minute. Arbitrage spreads are widening due to the rapid rise - $10 from Bitstamp to BTCe. I think Bitfinex is even further ahead.

Just as I'm writing this, there goes another 100 BTC wall on BTCe - vapourised.

Where is this leading ? What's going on ? Is it simply that everyone's been waiting months for a bottom and have collectively decided that this is it and there's huge short covering ?

Lets have the next 10 pages of a full roundup of BTC / DRK / Cryptomarket analysis with all known commentators hands on deck  

As I'm writing this, a 300 BTC sellwall on BTCe just got pulled and a 192 Buywall placed instead. We're up another 5 dollars. Looks like we might even get to a full $100 jump within a 24 hour period.

Make no mistake - this will be good for Darkcoin. Any capitalisation of the cryptocurrency market always flows into the top 10 alts - simply from hedging if nothing else. DRK will see gains from this.

[salmion]

 I'm really excited that DRK is not following BTC. I truly think think this is a great gauge on how little DRK is known to the vast market, and how independent it has become.

What I cant grasp is why the price isnt budging much, but market cap has risen significantly. Tutoring warmly welcomed

Because the price is in BTC and the value of BTC has gone up. Therefore despite the price staying constant the value of each coin and the marketcap goes up.

[GhostPlayer]

Bitstamp and BTCe are off the charts with some of the most manic trading I've ever seen.

Just watched a 200 BTC sellwall getplaced and bought in under a minute. Arbitrage spreads are widening due to the rapid rise - $10 from Bitstamp to BTCe. I think Bitfinex is even further ahead.

Just as I'm writing this, there goes another 100 BTC wall on BTCe - vapourised.

Where is this leading ? What's going on ? Is it simply that everyone's been waiting months for a bottom and have collectively decided that this is it and there's huge short covering ?

Lets have the next 10 pages of a full roundup of BTC / DRK / Cryptomarket analysis with all known commentators hands on deck  

As I'm writing this, a 300 BTC sellwall on BTCe just got pulled and a 192 Buywall placed instead. We're up another 5 dollars. Looks like we might even get to a full $100 jump within a 24 hour period.

Make no mistake - this will be good for Darkcoin. Any capitalisation of the cryptocurrency market always flows into the top 10 alts - simply from hedging if nothing else. DRK will see gains from this.

My only guess is the OKCoin leak is true!

[toknormal]

What I cant grasp is why the price isnt budging much, but market cap has risen significantly. Tutoring warmly welcomed

That's because Darkcoin's dollar marketcap is calculated using the Bitcoin / $USD exchange rate. If Bitcoin rises so does DRK.

Work it out for yourself to illustrate the principle:

[1] - take the BTC / DRK price and convert DRK to Bitcoin

[2] - take the BTC / USD price and convert to dollars

Darkcoin'smarketcap is measured through Bitcoin since most exchanges price DRK in Bitcoin. (Or you could think of Darkcoin being a "proxy" for Bitcoin).

[mr_random]

Bitstamp and BTCe are off the charts with some of the most manic trading I've ever seen.

Just watched a 200 BTC sellwall getplaced and bought in under a minute. Arbitrage spreads are widening due to the rapid rise - $10 from Bitstamp to BTCe. I think Bitfinex is even further ahead.

Just as I'm writing this, there goes another 100 BTC wall on BTCe - vapourised.

Where is this leading ? What's going on ? Is it simply that everyone's been waiting months for a bottom and have collectively decided that this is it and there's huge short covering ?

Lets have the next 10 pages of a full roundup of BTC / DRK / Cryptomarket analysis with all known commentators hands on deck  

As I'm writing this, a 300 BTC sellwall on BTCe just got pulled and a 192 Buywall placed instead. We're up another 5 dollars. Looks like we might even get to a full $100 jump within a 24 hour period.

Make no mistake - this will be good for Darkcoin. Any capitalisation of the cryptocurrency market always flows into the top 10 alts - simply from hedging if nothing else. DRK will see gains from this.

Solid post.

I'm thinking possible reasons could be:

- Very wealthy russians putting money in cos of the Ruble crash. A past Bitcoin bubble happened around the Cyprus crisis.
- Since the downtrend has gone on so long, the number of people waiting to buy in when the price starts rising has grown big... now the price trend is clearly reversing all the spectators who have been waiting for this moment are piling in
- Random variation. Over the last 9 months we're still in a big down trend pattern.

[GhostPlayer]

 I'm really excited that DRK is not following BTC. I truly think think this is a great gauge on how little DRK is known to the vast market, and how independent it has become.

What I cant grasp is why the price isnt budging much, but market cap has risen significantly. Tutoring warmly welcomed

Because the price is in BTC and the value of BTC has gone up. Therefore despite the price staying constant the value of each coin and the marketcap goes up.

I would get that if DRK was not paired with USD. Does that mean BitFinex order book is "wrong" until traders manually correct their orders?

[Jesse Livermore]

Bitstamp and BTCe are off the charts with some of the most manic trading I've ever seen.

Just watched a 200 BTC sellwall getplaced and bought in under a minute. Arbitrage spreads are widening due to the rapid rise - $10 from Bitstamp to BTCe. I think Bitfinex is even further ahead.

Just as I'm writing this, there goes another 100 BTC wall on BTCe - vapourised.

Where is this leading ? What's going on ? Is it simply that everyone's been waiting months for a bottom and have collectively decided that this is it and there's huge short covering ?

Make no doubt about it, this was started by someone in the know of upcoming news, likely related to the ETF, and it's now turning into short-covering/bull panic-buying.
JL

[toknormal]

My only guess is the OKCoin leak is true!

This one ? https://www.youtube.com/watch?v=I4oiQriC0n8&feature=youtu.be&t=4m57s

It must be something like that. The buying is absolutely manic. We're nearly $70 up in 24 hours. People are throwing 3 figure BTC shots at the high.

[GhostPlayer]

My only guess is the OKCoin leak is true!

This one ? https://www.youtube.com/watch?v=I4oiQriC0n8&feature=youtu.be&t=4m57s

It must be something like that. The buying is absolutely manic. We're nearly $70 up in 24 hours. People are throwing 3 figure BTC shots at the high.

Except it makes no sense at all. No one would leak a 3 billion market capitalization before hand. Not even if under heavy meth use.

[toknormal]

Except it makes no sense at all. No one would leak a 3 billion market capitalization before hand. Not even if under heavy meth use.

It's not a 3 Bill. market capitalisation of Bitcoin.

What he said was they had a new "customer" who was a 3 Bill. market cap hedge fund.

[mr_random]

My only guess is the OKCoin leak is true!

This one ? https://www.youtube.com/watch?v=I4oiQriC0n8&feature=youtu.be&t=4m57s

It must be something like that. The buying is absolutely manic. We're nearly $70 up in 24 hours. People are throwing 3 figure BTC shots at the high.

Except it makes no sense at all. No one would leak a 3 billion market capitalization before hand. Not even if under heavy meth use.

It's incredibly doubtful a hedge fund would dump all their funds into a single asset/security.

We're probably looking at 1-2% of their funds at best...30 to 60 million.

And in my opinion they probably gradually invested that BEFORE okcoin leaked the news.

[mjsrs]

My only guess is the OKCoin leak is true!

This one ? https://www.youtube.com/watch?v=I4oiQriC0n8&feature=youtu.be&t=4m57s

It must be something like that. The buying is absolutely manic. We're nearly $70 up in 24 hours. People are throwing 3 figure BTC shots at the high.

Except it makes no sense at all. No one would leak a 3 billion market capitalization before hand. Not even if under heavy meth use.

It's incredibly doubtful a hedge fund would dump all their funds into a single asset/security.

We're probably looking at 1-2% of their funds at best...30 to 60 million.

And in my opinion they probably gradually invested that BEFORE okcoin leaked the news.

what about this?
http://www.businessinsider.com/r-alibaba-open-to-working-with-paypal-bloomberg-2014-11

What other payment options could alibaba request?

[Jesse Livermore]

My only guess is the OKCoin leak is true!

This one ? https://www.youtube.com/watch?v=I4oiQriC0n8&feature=youtu.be&t=4m57s

It must be something like that. The buying is absolutely manic. We're nearly $70 up in 24 hours. People are throwing 3 figure BTC shots at the high.

Except it makes no sense at all. No one would leak a 3 billion market capitalization before hand. Not even if under heavy meth use.

It's incredibly doubtful a hedge fund would dump all their funds into a single asset/security.

We're probably looking at 1-2% of their funds at best...30 to 60 million.

And in my opinion they probably gradually invested that BEFORE okcoin leaked the news.

Bingo.
And as far as Bitcoin ETF news goes, I saved this article and quote from months ago:
"The Bitcoin Investment Trust is expected to list on the OTCQX in the fourth quarter and Silbert says the goal is to eventually list the Trust on a major U.S. exchange."
http://finance.yahoo.com/news/bitcoin-etf-haven-t-heard-182837276.html

[AleXXinos]

Why price go down?

[illodin]

Why price go down?

Ask Terzo.

[dihydrogenmonoxide]

Why price go down?

What are you talking about? Price go up!

[toknormal]

What are you talking about? Price go up!

I think they meant the DRK / BTC ratio which is the "real"price