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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3218. (Read 9723844 times)

legendary
Activity: 3066
Merit: 1188

Andreas Antonopolis seems to think that this crash is going flush a few "fractional reserve" operations out of the woodwork.

He must be alluding to something like an exchange buying up Bitcoins with "fake dollars" which is probably a peice of cake to do if you're an exchange. Then people try to withdraw their dollars and they aren't there, nor can the exchange cover their dollar "shorts" because of the price crash.
legendary
Activity: 1068
Merit: 1020
I know what I'm doing...buying more DRK.
legendary
Activity: 3066
Merit: 1188
Absolutely excruciating (but, I guess this is all part of what we signed up for).

Some of the dumps are unbelievable.

I can't help thinking there's more going on than just general capitulation. They seem calculated to draw up as much liquidity as they think they can get away with and then wham. That last one happened just as the 1-hour chart was going positive. Normally one would wait another half cycle which would have taken another 4-8 hours or so but the volatility doesn't give you that time in these intense trading periods.

To me it looks like some big stash being dumped which lends credence to the idea that it's stolen coins or something that's being dumped. It's as if the "entity" either wants out at any cost or is attempting to destroy the market on purpose.

(Of course it could just be plain old capitulation, but then why are all the slides triggered by a single massive dump as opposed to general continuous selling).
hero member
Activity: 658
Merit: 500
Absolutely excruciating (but, I guess this is all part of what we signed up for).


legendary
Activity: 3066
Merit: 1188

We're about to hit the 100's.

[1] - Stay calm.

[2] - Monitor Andreas Antonopolis's twitter feed for instructions on whether to panic or not https://twitter.com/aantonop

[3] - If you need a general anaesthetic till the storm blows over with accompanying dreams of moon, wealth and riches then monitor Max Keiser's twitter feed https://twitter.com/maxkeiser


legendary
Activity: 1456
Merit: 1000
sr. member
Activity: 426
Merit: 250
[offtopic]
bitcoin related websites blocked in Russia....
https://darkcointalk.org/threads/ne-drk-roskomnadzor-zablokiroval-bitcoin-org-i-drugie-sajty.3572/
[/offtopic]

But....but I can't read Russian.  My translator seems to have went on vacation too.  :/
legendary
Activity: 1318
Merit: 1040
hero member
Activity: 574
Merit: 500
( ͡° ͜ʖ ͡°)
FYI - Advert's for Pools are prohibited
Not my rule BCT rule - just sayin

No worries, It's just a "new" pool, suchpool asked me to host one after they shut down.
BCT rules are meaningless to me, once they stop banning real services and stop protecting scammers and fud groups, they might get my respect again. In tne meantime...
hero member
Activity: 574
Merit: 500
( ͡° ͜ʖ ͡°)
http://drk.minerpools.com - Up and running with updated daemon! Come join us!
legendary
Activity: 3066
Merit: 1188

it is called fake wall

It was right on the bottom of the asks and a significant amount of it got eaten. There does seem to be quite a bit of demand at these levels.

If it goes to $150 (or any sub $200) then dumping's going to start getting positively dangerous. I've seen it suggested that $45's on the cards. Well I wouldn't rule anything out after what we've seen the last few months, but if it gets to those levels the words "coiled" and "spring" spring to mind.

Here's a year and a half of the S&P in 2007-2008. I wouldn't mind if Bitcoin did this....


hero member
Activity: 543
Merit: 500
legendary
Activity: 3066
Merit: 1188

630 BTC Sellwall on BTCe

100 BTC of it munched in a oner. It's down to 493 already.

This crash is gonna be great. We're going to get to the bottom one way or the other and at least it wont be drifting down all of 2015 as well.

There's also a major shakeout of hands going on. People are getting a chance to buy in that wouldn't have bought in before. Meanwhile there's tons of bitcoin news like this...

http://www.thebitcoinchannel.com/archives/41434

http://www.thebitcoinchannel.com/archives/41419

http://www.thebitcoinchannel.com/archives/41429
legendary
Activity: 1456
Merit: 1000
Fundamentally, what's changed? From what I can tell, the technology and the adoption has been getting better and better.

Let the price slide a little more, then unwrap the guv paper.
legendary
Activity: 1030
Merit: 1006
I think it might be 19 000 stollen btc from stamp being sold. Anyone?

Even then, there has been far more BTC sold than just that amount.

Yes, and started some panic maybe
legendary
Activity: 1260
Merit: 1001
New Cryptocurrency iPhone And Android App SendChat Allows Users To Send Bitcoin, DOGE, DRK And Sendcoin With Ease

http://finance.yahoo.com/news/cryptocurrency-iphone-android-app-sendchat-180000591.html
(yahoo finance is massive, as their stories get shared all over !!)
 Grin
hard to keep up with all the publications these days (pretty good organized listing on DCT News if interested)

Can't wait to see this come to pass!  I just don't understand how they will do fiat to crpto conversions, but if they can do so quickly and legally, wouldn't that be something!

lol, and still somehow DRK "holds" against the BTC.  Painful times but I'm feeling a touch of relief too.

I guess what you're saying is that DRK is maintaining it's position of being as important/desireable IDK, as BTC by maintaining it's ratio/price to BTC.?  Hence people have as much confidence in DRK as they do BTC?

God, I wish I had $$$ so I could buy BTC right now  Cry

legendary
Activity: 1442
Merit: 1018
I think it might be 19 000 stollen btc from stamp being sold. Anyone?

Even then, there has been far more BTC sold than just that amount.
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