Many people bought because they listened to all of that and now they are underwater. Maybe these people need to sell for various reasons. This is not typical lemming panic and this thread is full of disparaging remarks towards people that are merely selling their DRK. It's theirs to do what they want with it. That doesn't make them lemming or fools. People that sold their DRK awhile ago were smart.
I think this is more a case of people seeing btc and many other coins making huge gains while they sit watching DRK go down and down. They have had enough of the promises, next great release, lack of communication regarding what's going on with their investment, and the list goes on.
And to anyone that wants to attack me for stating the obvious.
I don't care.
Before anyone starts getting defensive and attacking this guy, I don't think there's much to disagree with here personally.
Although many of us are 10 or 20 times up even at this price, there are plenty who are not and he's right that prior to RC3 the thread was full of "it's been tested to death on testnet - will be rock sold, no problems" hype. That gives people some justification for being resentful if they bought in on the basis of that hype and then the opposite happens.
There are plenty of posters on this thread who bear some responsibility for that (probably me included). I'm not saying anyone needs to hang their head in shame, I'm just saying you can't blame people who read all that hype and bought for later getting start raving mad that the price went down to 1 instead of up to 3.
Even though I'm a DRK fan and am happy with the long term prospects, I'm also a software developer and I knew that all that confidence wasn't justified. At the same time, it also makes me not so bothered about the issues that we're going through now. I said this before - they're two independent aspects of the coin that need to be considered separately (technical development and price). The price has taken a nosedive, but technical development is basically following the path that almost every pioneering software project has to tread - that of continious problem solving and design revisions.
Tok when I hire someone to work for me I ask a specific question of each and every applicant. I ask them, "how do you know you are a good listener?" I am looking for two things. 1) do they have the ability to use intuition to more effectively communicate and 2) do they properly examine the premise of every statement and word that comes out of another persons mouth. This is good listening. In my world definitions do not have the right to enter collective bargaining with words in an attempt to change their status or meaning. Consequently I hear exactly what a person says even if they don't use their pie hole to say it or if their pie hole uses the wrong words. Since most of the time I can't depend on a person to state EXACTLY what they mean I have to be a good listener and examine their answers with intuition, all the while listening to the premise of what they are saying so that I may determine if the communication is effective etc etc etc. I've read enough of your posts to know I don't have to carry that argument any further.
I was not attacking him personally. I was attacking his premise. The premise that the coin isn't doing what it should because someone isn't doing what they should be doing or that someone promised something that didn't go exactly as planned. DEVELOPMENT STAGE!!!! Every single person in crypto should already have an understanding of what they are getting into...and I know shojayxt KNOWS.
His emotional reaction should drive him to think harder and longer. Not just simply react emotionally. I'm down too but I am comfortable with the choice I made and how I made it. The risk is self evident, inherent, and mine. Consequently blame has no place on this stage (in the absence of some criminal action.)
The only emotional reaction I had was anger directed at a couple shills. Let me state this fact. I have not lost a dime on DRK. Maybe that's because I am one of those "Weak Hands" that you clowns keep referring to. Well my weak hands have allowed me to sell high and buy back lower over and over again. I've made quite a biyt of BTC by doing this. What I was addressing are the people that bought into all this hype from fools like you and are now underwater. Darkcoin has not delivered what was promised. It's that simple. But I never bought into the promises because this is crypto and I don't trust anyone or anything. That's probably why I have been able to quit my day job. But you keep all your eggs in one basket and think you're a big man with your piddly amount of DRK.
You are another fool that I will put on my "Do Not Reply" list.