Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant
by
eizh
on 01/03/2014, 03:35:40 UTC
The big pump and dump going on.  Who's going to be left holding the bag?

Never understood why people buy when they see the price rocket up.  

People buy because they think the rocket's taking off. And sometimes they're right. I got into DOGE a few days before the Jamaican bobsled thing caused a 5x price rise. It eventually came down to "only" 3x the previous price but there's basically zero prospect of it going back down to the previous stable price. That's because the bobsled fundraiser was a fundamental event for DOGE despite all the shit it gets from everyone.

Likewise, I think Darksend going to beta may be a fundamental event in DRK's history. I could be utterly, hilariously wrong in retrospect -- such is the nature of crypto markets. But I'll take my chances. Tongue

I played my part in this "pump" and I intend to hold. My time frame is months so I wouldn't care much if it crashed tomorrow.