Yesterday, before the fork there was around 6000 DRK in bids.
Now. with the retracement in price following the rollback we have 18,000 DRK on order with only 8000 on supply !
People who had missed the boat are now getting a nice window to jump on board and they're queueing up.
EDIT: Now nearly at 20,000 DRK on order ! (All at or above 140) Supply down to 7000.
Now. with the retracement in price following the rollback we have 18,000 DRK on order with only 8000 on supply !
People who had missed the boat are now getting a nice window to jump on board and they're queueing up.
EDIT: Now nearly at 20,000 DRK on order ! (All at or above 140) Supply down to 7000.
Yup I think the 3 day rule may have some people staying on the sideline. Most of the time after bad news you wait 3 days to trade it. This happens to be a bit of good news in with the bad, so I feel the market might get a bit of a early jolt back upwards.
Even following the rollback, there is *massive* demand for the coin. And we're not talking silly bids either - the whole 19000 that's on the order book on Mintpal right now is all basically 1 significant digit below the current pricepoint.
It amounts to an average buywall of 275 BTC at 145.
That's going to be interesting when the owners of those walls start to realise that fact - that there are only enough seats on the train for half of them. The first ones to move will still get cheap DRK, as for the rest...
[Edit: it's like musical chairs. Lots of weak hands stood up, and smart investors grabbed some chairs while they were cheap. Now the sellers are walking round the chairs waiting for the time to get back in, but they haven't realised yet that there aren't enough chairs left for them all, even though it's right there in front of them if they look.]
Looks like the music just stopped. Anyone still with any walls that you hoped might get sold into, you need to do something drastic now or get left behind.
