Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
strix
on 24/03/2015, 14:38:08 UTC
Quote from: JGCMiner on March 24, 2015, 01:11:14 PM
Quote from: whocares on March 24, 2015, 12:56:15 PM
Quote from: toknormal on March 24, 2015, 12:07:05 PM

There's no supply.

Whats wrong with you people. Why aren't you dumping ?



Probably majority of the traders sell on news e.g 25th of March  Wink ..



What news? Nothing happens the on 25th other than an announcement and a listing of new websites/service names, etc.  I understand the buy the rumor, sell the news hype cycle with respect to new tech releases, but I don't think it quite fits the current rebranding situation.

I think all the buying is either 1) people who sold thinking the name change was going to sink us now desperately getting back in before their losses really balloon OR 2) people that liked the tech but stayed away due to the shady name now finally buying in.  
#1 would in theory only reverse the effect of their selling out. Clearly this is a result of #2 compounded by the folks who are now NOT familiar with the tech, but are now willing to listen for the first time due to the name change.