Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
Buy orders really strong on mp and the downtrend seems to have reversed. If it keeps up like this I'll buy back in soon.
Still, I thought more about Mikes warning...
Here are a couple of charts, one is the bitcoin chart, the other is darkcoin. I can see how it's reasonable to think that the darkcoin chart will end up following a pattern similar to bitcoin as I have marked. According to the pattern we should test .01 again, maybe a couple of times like Mike said. Just like bitcoin tested 400 several times before it started its most recent climb.
I still doubt it though. I think we are done going down. But the analysis is reasonable in my opinion, and I can't say I'll be too surprised if it ends up like this.
I've marked the lines on them... the bitcoin chart has the line at $400 and the DRK chart has the line at .01
Still, I thought more about Mikes warning...
Here are a couple of charts, one is the bitcoin chart, the other is darkcoin. I can see how it's reasonable to think that the darkcoin chart will end up following a pattern similar to bitcoin as I have marked. According to the pattern we should test .01 again, maybe a couple of times like Mike said. Just like bitcoin tested 400 several times before it started its most recent climb.
I still doubt it though. I think we are done going down. But the analysis is reasonable in my opinion, and I can't say I'll be too surprised if it ends up like this.
I've marked the lines on them... the bitcoin chart has the line at $400 and the DRK chart has the line at .01
Still think the main drive is LTC parity ... so we better buy before the hedging and conversion ends
