Why the price is still dropping ?!!? Give me BTC, I want more DRK !
Well I can tell you why I sold mine. A couple of days ago Max Kaiser tweeted that all the DRK charts were positive - the 6hr, 4hr, 1hr, 15min etc.
Later, I went and checked them and found that they weren't. And by yesterday they were all in fact negative. The indication across the board was that we were headed for a 3-5 day correction.
This was consistent with the fact that any time Max Keiser tries to pump any crypto currency market he has almost a 100% record of the price going 180 degrees in the opposite direction. Bitcoin, Quark, Maxcoin, DRK - you name it, he's the coin Jinx. Kind of "RMT" (Reverse Midas Touch). The only one he ever got right was Bitcoin itself years ago so I suppose we can forgive him all the small misses given that he got the big one right
Another reason it's consolidating is simple fatigue.
The market has been pumping this coin for weeks and there comes a point where it just says "right, that's your lot for now pal, enjoy it" and goes off to look at something else.
Don't worry, it will settle and set a new base in good time for RC3 emerging.