Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
Minotaur26
on 30/10/2014, 21:57:54 UTC
mister whale, please continue to dump

my orders haven't been filled yet



I don't think this is a whale.

Some mini whales dumped 100,000DRK+ in three hits within the last 30 days.

We are currently seeing smaller amounts of dumping influencing the market.  As pointed out up thread though, volume is low so I suppose this has a comparable effect.

I stand corrected.  Just saw the 33k dump last night.  Resistance indeed.
I dumped 20k yesterday. I always told myself that at $1.70 I would have to sell about half of my coins. I reached my panic point. I quit my job few months ago because of my DRK investments (I went all-in with 95% of my net worth), so I needed to secure my future to have enough money to start a business. Hopefully you understand, price has never been important for me, but it becomes important when your personal future gets in danger. I'm done dumping now and holding on to my remaining 30k as a long term hold. I'm still a firm believer in this project and I'm fairly confident that at the end of the road this project will change the world.

This is utterly unacceptable behavior. You have been engaged in this community long enough to know that there is over the counter methods and interest to purchase Darkcoin, even by Evan himself. You basically decided to punish the community by dumping on an exchange as you turned supposedly part of your holding back to BTC. Shame, shame, shame on you!

This is a free market so he can really do as he pleases with his coins. He recognized that maybe he invested more than he could afford to hold long term, so he is back to a more comfortable position for him. This means that in the future he wont be so pressured to sell if problems arise and also that the coins will be better distributed. Just buy the coins back in the markets, the dust will settle and the price will rise, the fundamentals of Darkcoin just keep getting stronger.