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.
I guess we will have to wait and see. I think it is hard for me to take your opinion to heart because you are a trader and looking to maximize short term profits. Also you are a backer and investor in XC coin and I find that to be very bad judgement. I guess some traditional trading people are more about the charts and analytics and less about the technology, community and fundamentals of the coin. Like I said I really appreciate the input but I dont think you are right. I just think a lot of people in cryptos have a short attention span and they cant sit tight for a month and let the product be developed that is their loss and our gain.