Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NOTE]DNotes - Updated! - Mandatory Update by 6/1/2014
by
Chase
on 22/06/2014, 21:02:12 UTC
I agree. Too early to make a solid call, but looks very promissing. Quite unusual in the crypto currency space. I am interested to hear what other stake holders think.

Someone just bought through a .3 BTC sell wall. That's pretty substantial for DNotes where sell walls are almost non existent, and volume is fairly low compared to other cryptocurrencies. I think at this point we're either going to see continued stable growth, or a newcomer take the opportunity to pump&dump it for a new all time high, with the dnotes low end stabilizing well higher than the last pump (probably no lower than 250 with where things have been the last month).

Yeah, maybe a big rise is on it's way...

I also think that the excess supply has been bought up.  At Poloniex, any sellers rarely go past the top one or two buy orders and there seems to be a few hungry buyers there.  I think the pump and dump is mostly within the current cryptocurrency community and that DNotes will be held mainly by more serious long term investors that know how to handle these games.  I do agree on the new all time high and it may appear like a bit of a pump, but keep in mind the supply was reduced by 90%.  After that initial rise, everything looks like it is strategically planned for steady growth and stability.

MINTPAL VOTING - a fast rise on Mintpal is very good advertising for DNotes!