Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
mikemikemike
on 05/06/2014, 18:32:58 UTC
I don't know where we find a short-term bottom (unless this .0168 was it), however I do know that on the logarithmic chart volume and price so far this week are eerily similar to volume and price from April 26-May 2....and look at what happened after May 2.

"Big guys" (smart money) aren't dumping here just like they weren't dumping then. This is all the result of panicky little guys who are overtrading and likely losing their BTC little by little.
JL

Fully agree, I remember the may 2nd. I almost sold all my coins when it hit 0,0025. But before I managed to get it to an exchange it picked up. I vowed not to make these shortterm faulty decisions ever again. And indeed now is  not very different to pre 2nd of may, slow decline, little volume, looks like no-one is interested in the coin anymore. And then BAM!

edit: not very different

Dude. I'm not trying to cause any trouble, but google Stock Bubble Pattern and then look at the 12h chart on bitcoinwisdom. If you think the drop to 0.01 was bad its going to get allot worse.

This doesn't mean I don't think DRK will break through 0.1 by the end of summer, I'm just saying its likely that its going to 0.005 first.

Check out the chart, you'll see what I'm saying then.