Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | DarkSend+ Is Live!
by
baddw
on 15/08/2014, 17:01:03 UTC
dump right now 20k of dark no need for shit promises about anonymity...if you cannot deliver the product you intend to serve to people dont say much words...
ok... that is great news... everyone listen up 20k of dark coming down the pipe and about  to be dumped ... get your btc's ready... and im. throwing my fiat to btc right now.... let us know when sir.

If everyone was buying cheap DRK's like they say then the price wouldn't keep going down.  Most of those people saying "More cheap Darks" are not buying and they know it.  You might be scooping up some cheap coins but you're not going to lift this market alone.  

The problem right now is that most of the people hyping DRK the most are already 100% invested in DRK and have no btc to buy more.  


People are not buying DRK right now because they are waiting until most sells and buys establish a foundation or equilibrium.
Another way of saying is that buyers are waiting to see how far the price drops.
Your observation makes some sort of sense but not as an investor thinks
Wink

Agreed, the price is dropping but we have not seen capitulation yet.  The smart buyer only gets in when there is blood in the streets.  We are not there yet.  Getting closer though... the drop from ~.008 to ~.007 was sudden, but on not much volume.  Capitulation requires a lot of volume.  As long as we continue hitting new price lows on low volume, nobody's going to try to catch this falling knife.

I am still hodling a small amount of DRK, but I have BTC waiting for the bottom.