(snip)
I'm not one of these guys, I don't just jump on the next hype! I only have PPC, LTC and Franko's.
These are coins I believed in but Franko has just been a disappointment so far.
BTW, if you read these trends the right way you come to this conclusion:
Franko's went down with 400%
Peercoin went down with 70%
Dogoin went down with 65%
I think there is a big difference if a coin goes down with 400% or with 70%!!!
I realize that FRK has lost the most perceived value, but maybe the market is being manipulated a little? Considering that it will only take 2
BTC to double the current sell price, many of the prices are affected by lower volumes and auto-sell bots. If you want any coins to retain value the market needs to be supported.
Exactly. Franko is so low volume coin that any buy or sell of 100 frk are more affects the price. If you look at the long term graph you will notice that Franko stays relatively stable with a few nice bubbles. But to say frk lost 400% is misleading, because FRK just corrected back to where it started before the last bubble.
Also speaking on terms of volume alone, doge lost far more hundreds of thousands of dollars for investors then anyone did with FRK.