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.
This is exactly what it smells like right now... I don't think you are wrong...
Market dictates the price...remember that. The sell orders are real, else they wouldnt be there. If a sell order is at the exchange it can be bought, so yes its real. The price hasnt rebounded because aside from small pumps and dumps, the market sentiment is that darkcoin is still overpriced and investors are looking at other investment opportunities. 99.9% of people reading this comment will know that I'm right, but will
refute this. Anyway, listen to your gut instincts. I can see that you are concerned about your investment as well you should be. Good Luck.
Couple things:
Of course the "market" dictates price; however most alt markets are tiny. Thus, the largest player can often times be > 50% of the "market", meaning he can almost exclusively set the price (within reason).
As far as sell orders being "real", of course they are and can be bought. No one (rationally) disputes this. In many cases they are not, however, "real" in sense that they are
intended to be purchased. Alt "traders" place way too much emphasis on the order book and are easily manipulated.
