We are now at 17% of the late May price. Less than a fifth of the value at that time.
You can't blame this on "market manipulation", whales dumping or any other nonsense. Prices decline because there is more supply than demand - end of story. A large seller "checking out" only affects the price if there's insufficient demand.
In April price was 0.0011. How did DRK go to 0.028? Someone threw in MILLIONS of USD / thousands of BTC. The demand on his part was enormous. If he checks out, yes, there will be a gap in demand as he acquired a very large number of coins.
There is one huge difference in relation to investing in DRK, there are many market moving events coming up. True it is uncertain it will move the demand up or down but it will move it, that is for sure. Bet on these:
- Kristov Atlas Review
- Open source
- marketing (Evan and DarkCoin foundation founders have good links to the press)
- RC5
- additional MN services building the Darkconomy
Investing is taking a chance when market moving events are upcoming. Well it can't get more interesting than DRK at the moment.