Apparently the dumping isn't quite over. Someone just dumped over 200,000 DNotes on Poloniex.
Yes there is still some noticeable dumping at Poloniex. This is not a concern. Profit taking should always be expected. The trading range is likely to be bouncing between 350 Satoshi to 425 Satoshi in the next week to 10 days. All indicators are very favorable, giving me a high degree of confidence to suggest that the upward momentum will continue and sustainable.
As frequently mentioned in my previous posts, DNotes is positioned and managed very differently as compared to our industry peers. We use a very complex system approach, incorporating every component essential to our long term success. As an example, some of the other crypto currencies may place heavy promotional value on technical concepts and work in progress, we do not. Our projects are kept under wrap until they have been fully tested and successfully launched. We are constantly creating stake holder value which we strongly believe to be essential fundamentals in providing stability to DNotes valuation. We follow a rather complex stability model with built-in inherent tendency to keep DNotes under valued. It effectively discourages speculation on vaporware and work in progress. Yet valuable projects are kept as unknown and not priced in. This is completely opposite to the industrys norm.
Potential investors and DNotes stake holders should examine DNotes price trend line,
http://coinmarketcap.com/all.html very closely. This will be especially valuable when we have multi year historical records showing the same patterns. We believe that we will. It is a critical part of our core mission. Trustworthiness, stability, reliable value appreciation and liquidity coupled with convenient availability will make DNotes a highly desirable digital currency over time as a medium of exchange and store of value.
As we know it today, stability in crypto currency value, including Bitcoin is nonexistence. In our opinion, stability is one of the pre-requisites before digital currency can become main stream in global commerce. As it is today, there is no net transaction cost advantage compared to other forms of payment because of the wild fluctuation of the value of crypto currencies. DNotes is the only digital currency that has positioned itself from day one to address the massive challenges of building a stable digital currency sustainable over time. The longer our track record the more valuable DNotes will become. Give it at least two years and let history be the judge.