Drk is just having an extended pump it will correct once the whales get bored... Then volume will flow back to other coins
drk is sold at almost the same price as ltc, it has a huge market, i don't think the whales need to hold it anymore, drk has got its own space now. I'm out of cinni, and i suggests you do it too. almost as if history is repeating itself, black coin forums are packed with people screaming for price increase just like here and it only dropped further. stop the bleeding. but thats just me
I hate to say it but I am almost at the point to agree with you (about getting out of cinni). People have been saying "Be patient" or "Time will show cinni will be at 50K" Cinni barely stayed above 30K. I thought it wouldnt go below 20K, than it did. Now look where we are. We get a "pump" to 11K and that lasted about 60 seconds. We have 4 BTC support at 8,5K and 8 BTC support at 7,5K. Patience and hope won't make the price go up...or even stay the same. Like I said, I am with Cinni. Have been since shortly after it launched and held without selling (regret now) but if nothing happens in the next few days than I will be out. I will wait and see if the store launches tomorrow and if there is an update on the messaging system. If the store launches tomorrow without any delay than I will stay but if not, I will sell and move on.
I have mined cinni 14 hours into its POW phase, I was among the top 10 richest cinni holders with 170k cinni. It was a great coin with decent community but as you said hoping for a price rise won't make it happen. Even if it rises it would be more profitable to sell now, have some btc to invest in other coins as i doubt the rise will be within the next 3 weeks or so.
There was a 1k+ btc volume during this week I remember with huge resistance at 15-16k. I doubt whales will try pump again any time soon cos people dump hard.
I know some people will say "you money grabbing bitch!" but really, aren't we all in alt coin to make profits? Or do you want to cradle and nourish a coin just for the thrill?