Post
Topic
Board Tokens (Altcoins)
Re: Dragonchain Token Sale
by
menlatin
on 12/12/2017, 15:45:20 UTC
Interesting situation developing right now, though.

I see there are a lot of sell orders stacking in ED.

Scoured the relevant info to see if there was anything fishy / scammy going on - but there isn't anything weird as far as I can tell apart from the price action!  Shocked

Looks like there's an AMA announced for the 19th: https://medium.com/@dragonchain/dragonchain-goes-subreddit-b7e2509b00d2

But thats awesome news! I'm not sure if its the ETH price hike thats effecting it, but even still - it feels like the market is over-reacting if that is the catalyst.

There shouldn't be any FUD about this project as far as I can tell. Everything points to a tremendous success (with 5 partners lined up already). I cant see why theres no buying support ATM. I realize there was a price hike a week ago - which can be wary in of itself for sure, so maybe a price correction is going on.

Jeeze, I guess I'm just a little disappointed in the dumps today beings is I picked up some at .0079 ETH "knowing" it was a great price!

Anyways, best of luck to everyone! I don't hope we all become rich - just that we all are happy!

I think the fact that its only on EtherDelta is what's keeping the buy pressure down. We're just gonna have to wait for it to hit another exchange to see significant price increases.