Post
Topic
Board Altcoin Discussion
Re: DEVCOIN why you are doing this to us? :(
by
roslinpl
on 12/03/2014, 12:33:44 UTC
The low prices mean that artists who got coins during times of higher prices could well have sold some thus being ready to buy back cheaper now that prices are lower.

Plus of course those who do not write when the coins people wrote for two months ago are at low prices will not have coins coming in in two months when prices might already be much higher.

Maybe it is a selection mechanism that will help select artists who are intelligent and have the discipline to manage their business/finances, to defer gratification and so on.

Those who sold some on the way up to 193 satoshis per coin a while ago should be happily buying on the way down right now ready to catch the next uptick... Or writing like crazy if they figure the next uptick will not happen until after they get paid for what they write today...

However it seems possible that we might be gradually lowering the volatility over time. As more and more orders pile up from the top down on the sell side and from the bottom up on the buy side we might already be squeezing the volatile range.

-MarkM-


Perhaps upticks are comming back to dvc Smiley

See vircurex wall Smiley
It looks much much better then yesterday Smiley



Dumpers seems to be not so happy right now Smiley