just sent the last bitcoin i'm willing to part with to mintpal.
imo this is a result of the 2 million coin linux instamine.
The whole market is going down... -7% btc, -20% LTC, -20% Peercoin, -60% cloak etc. Is this a result of the instamine which is DRK-specific? Of course not.
i'm not surprised cloak has died as i predicted it would because of the 7 day 4+ million coin instamine. i'm surprised xc is doing as well as it is with it's 3 week 4-5 million coin instamine. i guess their dev is holding his instamined coins and keeping the price somewhat stable.
the other coins you listed did not go down that much in the last week like we did. litecoin did go down a lot but there was no reason for it to be as high as it was which is why i liquidated mine to buy dark months ago when dark prices were about where they are now. there's no other reason for dark to go down like it has as the fundamentals are still there. the instamine is the only thing that makes sense.
Nobody gives a good goddamn about the instamine at this point. Price dumped down. Panic sell.
Why? Greed? who knows.
I'm not selling for this.