Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX
by
oblox
on 02/02/2015, 20:09:21 UTC
Quote from: valentino007 on February 02, 2015, 07:50:04 PM
Quote from: eahmadov on February 02, 2015, 07:39:56 PM
Quote from: valentino007 on February 02, 2015, 07:31:49 PM
This rise is completly faked,very dangerous to trade in.At some point the dump will start,be wise and dont buy now.


Dude, Darkcoin used to be more than 10$ a piece and at that time we had only a fraction of today's development. Yes, we had some green candles last couple of weeks but we are still not even at 2$ per coin and you are already panicking and wanna sell? Be my guest. Let the natural selection do its work Cheesy


i dont panic and i will never selll my coins below 0.25 period,i'm just saying the trading volume so weird the past days,if you look at the charts you can see clearly manipulation going on.
I'm beginning to wonder why this happens,maybe it has something to do with minning becomming non profitable when BTC goes down so much,16nm production scale is delayed by 6 months minimum(bad for BTC Asics and Nvidia/AMD Gpu's)witch means still large power bills to pay and difficulty goes up to much.


It has nothing to do with mining. There was a bot buying and selling the same increment of coins about every 30 minutes. Why, who knows. Could have been driving up activity volume, but it's no different then what happens with LTC (a lot of the volume is coins moving back and forth on no-fee exchanges). Even disregarding the back and forth "fake" volume, there were plenty of substantial buys that have took us higher than the price area of the "fake" volume. Further, any one that wants out has the luxury of selling in to Otoh's wall.