Quote from: Honeypot on January 24, 2014, 07:02:03 AM

Quote from: huyha123 on January 24, 2014, 06:52:34 AM

DOGE max at 100B coin. so MOON:DOGE = 3.84:1

you must factor in the fact that doge coin CURRENTLY has more coin in circulation than moon, and also seems to have coins being mined faster.

Which means that for the next month of two, comparative value of moon to doge will favor moon. Ultimately supply is only one of the factors in the equation.

Also, the slump continues for a few more hours. 12 hours from now, I believe the new crowd will be happy to take the remaining 70 btc worth of moon from the weaker hands and promote this coin above 40 sell wall.

Edit:

All you sellers who are creating walls on cryptsy between 29 and 44, be aware that you are selling them at lower prices than what you can get if you simply hold them back. Same thing happened yesterday with 21 to 9 crash, and we had a bunch of short-sighted people selling orders up to 50 btc large between 9 and 17 satoshi.

The buy order burned through that regardless - but think about how lucrative they would have been if they simply chose to hold. By doing what you are doing right now, not only are you delaying the reach to higher price levels, but also risk having to sell for less since some are not so patient as to wait for someone to buy their sell order.

Best option: Hold. It's only been 48 hours. This thing has another 5 days to go at least for it to run the full course.

I agree with your analysis and perspective.