So glad I dumped at 45k, was mad about not being able to at 55k but so many cheerleaders idiots saying $5 DCT here gave me that feeling to get rid, I'm sure we'll float around ICO price for a while and wait for actual developments for the project.
Bought 5k back in, expecting more dumping though.
That kind of play is quite risky because one can't be really sure where's the bottom. Also, calling people "idiots" is not so nice. Regarding $5, after first media partnerships and first usable DApps, $5 will look mega-bargain. Just for reference, CLAMS are currently priced above $5. CLAMS!
Anyway, glad you bought back in.
My bad, I agree. I meant $5 each on launch, giving everyone huge profits - It just doesn't happen, there are always profit takers. I always make more money trying to catch the falling knife, always a larger risk but usually the fastest profit.
It is just like Waves which also had bad distribution at launch, but a year later sits at 6x ICO after hitting 20x from ATL so in the end it doesn't really matter, this will be the same a long term investment. So if anyone is looking for a fast profit, find a different project IMO. A drop in price is healthier for long term as better distribution as more people can buy in lower.
Although It was ridiculous for the devs to release some coins and not to all, unfair and resulting in this value. Nobody knows how many coins are even left to be distributed, so I mean it is possible to go down to 10k if there are many weak hands that want to get out with any money they can, but who knows? IMO if devs don't give an update on the distribution situation, not many will buy in as it is as seen as impending dump.
