Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinDark (BTCD)--Teleport/Telepathy/Ramchains/SuperNET Core
by
marcoman22
on 07/02/2015, 15:07:39 UTC
So there have been some pretty serious exits from BTCD in the last day, two ~5k dumps.  Nobody concerned by this or the 25% loss of value?

I think there's still more big BTCD holders who couldn't exit due to shortage on liquidity in BTCD.
10K BTCD is less than 1 % of total BTCD supply and I don't think that is a serious exit in a coin with 1M market cap.
If you go to Bittrex Beta, you can see top 50 BTCD holders (in Bittrex).
https://beta.bittrex.com/Market/Index?MarketName=BTC-BTCD
There was a wallet with little more than 10K which is gone by now and I think that's who exited few days ago.
And 25% loss of value is not that meaningful as major trade took place on pretty much usual price range (around 0.004).

I just hope that usual daily trading volume for BTCD stays at 20 BTC so that quitters can quit and new comers can join without worrying / being bothered about their entry/exit.
Anyway, quitters will keep quitting while devs will keep developing and when both are done, I believe that price will soar higher.


Well said!  And, it appears you were spot on.... another 1500 coins were dumped a couple hours ago.  There are clearly some individuals who do not want this coin to succeed.....  Once the tech is tried and true and we're all anonymously sending coins through the aether, they'll be sorry they sold Smiley
Right. So I'm not only one person thinking like that

I'm pretty sure we're not the only two either Smiley

Wow, stake is really low atm!
36,902

More the stakers , less we will get.