Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
Sub-Ether
on 08/09/2015, 07:58:17 UTC
I notice everyone is wondering why the price is dropping...
..so as otoh said, the market is never wrong.  Why get upset?  
...It's going to do what it's going to do until adoption happens.  I'm currently just hanging on to my coins and trying to find other ways to pay for my bills.  I won't sell at this price Smiley
Hir Tante, good morning  Grin
there are 4 or 5 downward spot price pressures as I see it from my grassy knoll,

1) the rise in the masternode count is slowing down, meaning less new outside buying with btc, making less surplus taken off the market.
2) bitfinex not supporting with fiat and possibly cashing in of multiple k from saved commissions
3) the price of bitcoin is up, so its cashing out time.
4) market reaction to superblocks
5) market anti-climax after yet another stunning release