I think a needle may be required soon..... Not saying this is not a good coin, but its value has gone so far so fast, there must be a correction coming now....
You're saying that it is overpriced? You're wrong then. I guess this is just people buying up before the hardfork. We will see the price at the end of the week. I don't expect it go down much, if at all.
Ill be more specific then, if that 26BTC buywall goes on mint @ 79, get your parachute as its going back to 500k
It's possible to have a correction downward while still be undervalued. Many times when a price goes up this fast it will also go down fast only to recover at a later time. DRK is this kind of that coin.
Agree, I never said anything about under or overvalued Im just doing my thing and I see 79 as the critical support right now.. I have a very strong feeling it will fail... DRK has not had a real plunge yet, will be interesting to see what happens as a lot of people think this is a one way bet...
Define plunge. It was 0.054 it went back down to 0.0025, then back to 0.0065, back to 0.0047, now its up to 0.0085 and it could go back down to where? To 0.005 and 0.006 where noone was selling to 300 BTC buywalls? If noone is selling at 0.005 and 0.006 it can only go upwards (from that level) if one wants to buy quantity... and it did go upwards.