Are you fanatics worried at all about the somnolescent prices? Since the great May pump, DRK has been in the doldrums. No matter how much innovation or development, the price has been low. At least the nethash is strong but I fear that's primarily because its summer in most of the mining world and people need to live with their GPUs. Once that passes, I wonder how many will switch to other algos like Scrypt-N...
I am by no means an expert, but it looks to me like the price has gone down on fairly low volume. Most DRK users are holding or buying right now, not many people want to sell. I don't think that all of the current sell orders for DRK are even real, they will get pulled. The sell orders are being used to keep the price low so that somebody can continue to accumulate cheap coins. When we do get a real trend reversal, we will go up quite fast imo. Then again, I may totally wrong, I am still quite new to speculating.
I don't know why people care about this... You're speculating on the wrong thing.
RC3 got flubbed. More than once. DRK has the fundamentals, but "safe investors" fear the execution.
RC3 being flubbed is not really Evan's fault. DRK offers so much that people were adopting it way before it was meant to be. Can't help that people jump on trains they should not jump on. Much was forced upon Evan before its time as a result of this. This is why RC3 flubbed. DRK is still a product in the very early stages of development, but the unwashed masses just can't get it through their heads. Add in the shitcoiners that pay no attention to anything at all ever, they just pump and dump waves of abbreviations they don't even read about...
Fundamentals. What is the coin made of? Dev team?
This has people spooked. Everyone who understands Evan and company's persistence and the gravity of the project are already all in. Those who don't, but recognize what it can become, are waiting before the throw their whale wads at it. The price since the 2nd RC3 flub has been dictated by nothing but low volume shitcoin pump and dumpers who have absolutely no clue about the coin. Everyone who is actually worth a shit is either holding, accumulating, or waiting. It's just another abbreviation to pump and dump until then.
If you're looking at the price tag for answers, you're not going to find them. This is not a shitcoin. Ignore that crap and focus on the fundamentals and you can't help but understand it instantly...
I think the "safe investors" are merely seeing the writing on the wall with the NYDFS regs and other regs banning anonymous transactions and regulating crypto. That is the biggest threat to DRK and I don't see much community action or acknowledgement. You can do RC1000 but it will only further aggravate the regulatory environment and cripple DRK's ability to integrate itself into the real money like BTC has done. Sometimes innovations backfire and I think the market not only reacted poorly to the hamfisted multiple forks that resulted from prior innovation but also the changing regulatory environment that is targeting Tor and other anonymous innovations.\
It isn't a distraction or wrong focus. Price, like it or not, is the measure by which the wider community passes judgment on coins. DRK excited everyone, it wasn't just pump and dump assholes, it was genuine excitement about where DRK was going. I was mining DRK long before the pump but yea, I sold when it reached .02. I sold some more at .025, but I held on from there. I still think DRK has a future, but I wonder where the community's priorities are and why its so insular. That insularity is leading DRK to a place that may cripple it.
