I think the weak hands have all cashed out now, bottom was 0.005 BTC and trend reversal has kicked in. Not 100% sure, but fairly confident. This is where I start accumulating more DRK, just freed up 10 BTC. Price is likely to receive a further boost after Evan announces plan RC5 and beyond. I expect this will happen tomorrow, since he has probably taken the weekend off after all the hard work.
I damn well hope he doesn't announce anything until Tuesday, EVAN IF YOU READ THIS...GO TAKE ANOTHER FEW DAYS OFF
I need to get another 2x MN under my belt! Just need my btc to clear over the weekend!
Should we create a "Take a few more days off Evan" fund to pay for Evan to have an extended holiday?
I will donate...
I do think Evan made a mistake after RC4 release. Where I think it's fine to focus on coding and leave communication as a second priority, especially before final release, I think he should have spent a few days on the forums for many hours a day after RC4 release. This is new technology, with many people having questions on how everything works and many people having minor issues. Evan should have been posting like a mad man to inform and help people, and to defend his system. This would have easily stopped the price decline, and possibly would have increased it (although we arguably want a price decline to lose the weak hands). Of course we have Eltito for this, but I have the feeling that he is not very motivated to put in to much work for this project (for whatever reason... possibly doesn't own enough DRK). It just seems wrong that everyone has questions on how things are supposed to work, with no one from the team being here to explain it to us.
You are mostly right. But I also see it as an issue of Darkcointalk vs. Bitcointalk vs. IRC.
There are lots of people discussing lots of things. Darkcointalk has a lot more support and discussion. Many people won't use Darkcointalk. I won't use it because I don't think we are done with Bitcointalk at the moment.
However, those that can help won't use Bitcointalk because of the trolling that goes on, and the ads that pop-up for xyz shitcoin.
edit.
I think the recent price decline is a factor of Darkcointalk vs. Bitcointalk. I think I was right in my analysis that we are not ready to move 100% to Darkcointalk. If people think we are, then this thread needs to be locked.