Quote from: wozzek23 on September 08, 2015, 09:54:44 AM

So, any long term negative price movement indicates that something is rotten.

Just to put things in perspective, I happen to remember around this time last year (possibly August) a similar price drift-down to around 0.003 and me scooping up a pile at that price.

So here we are exactly a year later, back from holidays, same price drift-down except this time to 0.009 - a 300% gain on last years summer "drift-down". So using your theory in converse that must mean that "any long term positive price movement indicates that something is healthy".

Don't get me wrong - there is never room for complacency in crypto and you make a very good point about promotion having to match development. It does look to me like that's very much on the cards though - Amsterdam presentation, "official" video and subsequent planned distribution of that.

I think you're just rattled that Otoh decided to offload a few thousand of his holdings and punctured the 1 support in doing so. As I said above, you have my respect for that position, but the real time to be rattled is when the fundamentals and the market trend are in agreement - i.e. when the project is going sh*t and everybody starts cashing out. Thats not what's happened here. What's happened is:

- a large holder decided to reposition their holdings more optimally from their perspective and they found buyers for their trade and they could be transparent about it.

To me, thats cause for confidence, not worry.

Quote from: wozzek23 on September 08, 2015, 10:02:23 AM

while I have zero reasons to doubt him (and I do not doubt him) isn't it naive of anyone to believe in anyone's benevolence?

I suppose so - these things can only work themselves out over time. All I can say is I once shared a pizza with him and he didnt exactly strike me as dangerous Wink

Quote from: wozzek23 on September 08, 2015, 10:02:23 AM

Whatever is going with the price, whatever is the reason behind -- strategic positioning of one investor, intended manipulation of another, dropping of illegals obtained, hijacked DASH you fill in the blanks -- this points to an intrinsic weakness of the whole project

First of all, I don't think that malevolent miner thing has anything to do with this price drop - it's just a distraction. ALL miners dump all the time whether they're legit or not legit so I'd just forget about that. I watched the trades and they were very specific - ~1000 Dash at a time for a fixed time period. Miners dump much more granularly and over longer periods of time - they don't stand out like that. So I'd say the movement from 0.01 to 0.009 is almost all Otoh's repositioning. Just look at the volume chart on cryptsy - it stands out like a skyscraper in a desert.

Secondly - a movement of barely 10%-15% for a known trader performing a favourable repositioning (in terms of trading sentiment) is not very much. I think people are more freaked out by the symbolic breach of the 0.01 support line - if it had gone from 0.0128 to 0.015 they'd hardly have barked.

Thirdly - I don't think people realise how much of a symbiotic relationship any cryptocurrency has with the fortunes of the cryptocurrency market as a whole (and in that regard I mean bitcoin). Take a look at the 12 to 18 month history of any altcoin, in particular the older ones such as Peercoin (PPC) and you'll see that we're to a large extent bucking the trend.

Having said all that, I respect your points on promotion and market buoyancy. Someone has to be the voice of non-complacency and for the moment you're it, so I'm grateful in that regard even though you're currently "out" (despite referring to the project numerous times in the first person plural Wink

).