Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
Question?
With almost 40% of the coins in Masternode's and I would assume most MN owners hodling the coins they accumulate who the heck would sell at these prices? Especially considering BTC price. I own two MN's and I'm not selling any time soon. Miners? Price should be higher...
Anybody explain why it is not higher? Sorry if this seems like a stupid question...trying to make sense of it all. I.E. Couple hours ago someone dumped over 800 coins.
With almost 40% of the coins in Masternode's and I would assume most MN owners hodling the coins they accumulate who the heck would sell at these prices? Especially considering BTC price. I own two MN's and I'm not selling any time soon. Miners? Price should be higher...
Anybody explain why it is not higher? Sorry if this seems like a stupid question...trying to make sense of it all. I.E. Couple hours ago someone dumped over 800 coins.
800 coins?
2 days ago someone dumped 15000 DRK on cryptsy and went into XPY scam. I bet he is not happy right now lol. Was that you coinz3x? You've been a bad bad greedy boy
there will always be buyers and sellers, its a buyer and seller market after all. People can sell for all kind of reasons :
- daytraders, selling and hoping the price will go lower so they can buy back in cheaper
- people selling for tax purposes
- people selling because they need to convert to FIAT in order to buy something
- people selling to pay for their masternode server renting
- people selling because they are using Darkcoin as an in-between point to get their crypto anonymized
- people selling because they are unaware of developers future plans for Darkcoin, they focus purely on price movements
In the mean time the liquidity is getting tighter and tighter on the exchanges with each masternode thats beeing setup and with
each Masternode payment increase per month ....