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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5371. (Read 9723748 times)

hero member
Activity: 546
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Moreover, Evan announced a fix for the masternode payment issue around that time too.

Yes. That did cross my mind and could have contributed. But a code fix and a major fiat gateway are kind of leagues apart in terms of long term valuations.

b.t.w. I didn't mean to bite your head off in my last post. Should have previewed it and apologise if I was a bit antagonistic there.


Except that previously, the expectations about masternode payments drove the value almost to 0.03.
No offense taken btw.
hero member
Activity: 588
Merit: 500
Moreover, Evan announced a fix for the masternode payment issue around that time too.

Yes. That did cross my mind and could have contributed. But a code fix and a major fiat gateway are kind of leagues apart in terms of long term valuations.

b.t.w. I didn't mean to bite your head off in my last post. Should have previewed it and apologise if I was a bit antagonistic there.


I think it's obvious for anybody who watched the market behavior and read the first posts about the bitfinex rumor that this was the trigger. The market behavior changed drastically in the very same moment.
The developer announcement was only a prerequisite. It restored the confidence enough so that the bitfinex rumor could trigger a change.
hero member
Activity: 560
Merit: 500

Why not? nothing prevents someone in an exchange to play a little with the numbers as Mr X has been doing!

Too much playing, he also send some tips to people in the forum. So I guess Max is still the best guess.

edit: we should see if it is bitfinex in the next days, they would move some coins

Yeah, the tips are a bit inconsistent with the Bitfinex theory. Unless they wanted to play with us so we would speak about them, before we know it's them and after. Marketing expenses?  Smiley

You are right, we should know soon. Or not, they haven't said a word officially.
legendary
Activity: 3066
Merit: 1188
Moreover, Evan announced a fix for the masternode payment issue around that time too.

Yes. That did cross my mind and could have contributed. But a code fix and a major fiat gateway are kind of leagues apart in terms of long term valuations.

b.t.w. I didn't mean to bite your head off in my last post. Should have previewed it and apologise if I was a bit antagonistic there.
hero member
Activity: 546
Merit: 500
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a big assumption, but IMO there is currently less day trading going on with Darkcoin than with other alt coins. Moreover, with the last "dump" there are now more investors who are in for the long term, and less weak hands. Therefore, a rise is not necessarily followed by a correction, at least not for those values.

I haven't assumed anything. I've OBSERVED that a chart which had been behaving absolutely normally for the best part of 10 days suddenly doubled back on itself for no apparent reason other than the fact that it coincided with a barrage of rumours and screenshots about DRK on Bitfinex.

[...]


The "big assumption" was what I said after ... Hence the "IMO".

Moreover, Evan announced a fix for the masternode payment issue around that time too.
hero member
Activity: 588
Merit: 500

HOLY CRAP!? ARE YOU SURE.

If what you are saying is true, i'm terrified... is this really the end of grid lines in charts?

LOL. It took me a few seconds before I got the joke while reading the replies backwards.
Yeah, it looks like DarkCoin's price move wasn't "the pump to end all pumps" but it was "the pump to end all grid lines". Cheesy
DRK will go back in time and erase every grid lines from existence. Unless Doctor Who shows up and instamines every coins at day 1. Tongue
full member
Activity: 140
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lol someone sold almost 900 drk eating the buy book!
legendary
Activity: 3066
Merit: 1188
a big assumption, but IMO there is currently less day trading going on with Darkcoin than with other alt coins. Moreover, with the last "dump" there are now more investors who are in for the long term, and less weak hands. Therefore, a rise is not necessarily followed by a correction, at least not for those values.

I haven't assumed anything. I've OBSERVED that a chart which had been behaving absolutely normally for the best part of 10 days suddenly doubled back on itself for no apparent reason other than the fact that it coincided with a barrage of rumours and screenshots about DRK on Bitfinex.

The rest of your post is wishful thinking if I ever saw it. w.t.f. does this mean ?

there are now more investors who are in for the long term, and less weak hands

Is that supposed to be a joke ? Do you realise how attractive a volatile market is for day traders ? The truth is you've not one clue as to whether "there are now more investors who are in for the long term..." and neither has anyone else. This market can get dumped in a second on the slightest bit of bad news so lets not kid ourselves with crap like that. Bitcointalk graveyards are full of those kinds of meaningless statements.

As I say. Wishful thinking is going to get us nowhere and realism is. Concentrate on what's really going on rather than what isn't.
legendary
Activity: 1288
Merit: 1000
I hope you people talking up this bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to no be seen as negative news and trigger a good old dump.

Just saying'. Watch what you talk up.
 




Hi can you explain me the difference of when the green (or red) are plain or not on the MACD?

What is the best frequence to look at MACD and StochRSI. Because there are lot of difference with those indicator (can say something different) if your change de frequency (5min..4h....)
hero member
Activity: 560
Merit: 500
I hope you people talking up this bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to no be seen as negative news and trigger a good old dump.

Just saying'. Watch what you talk up.
 

What's the possibility that BFX want this to be priced in somewhat before they make a sudden announcement? Any reason they might be letting these sneak peeks out deliberately for that reason?

So if they are Mr. X (the one with biggest wallet), that would make sense. But I do not think Mr. X is an exchange...

Why not? nothing prevents someone in an exchange to play a little with the numbers as Mr X has been doing!
hero member
Activity: 560
Merit: 500
That's pessimistic and I don't see why a correction was due. Never know with Darkcoin.

It was due in the sense that day traders buy and sell on cycles. In particular the 4 hour chart - which has a period or about 2 days for DRK - is a favourite for them to buy in and dump on.

Yesterday was a clear dump opportunity as far as that cycle went. Around midday Sunday it was clearly heading down but it balked just as it was about to turn over. May be just co-incidence but it happened right when people started posting all those screenshots of the DRK market on Bitfinex.

All I'm saying is that that is a fairly huge rumour now that will backfire quite significantly if it turns out to be no more than that. You start rumours like that and it basically becomes fact quite quickly. Then when the truth behind it emerges (e.g. there are no plans at all to incorporate DRK) you end up doing more damage than you would have just by shutting up.


That's a big assumption, but IMO there is currently less day trading going on with Darkcoin than with other alt coins. Moreover, with the last "dump" there are now more investors who are in for the long term, and less weak hands. Therefore, a rise is not necessarily followed by a correction, at least not for those values.

There were way more DRK acquired in the pump than sold in the dump. And by way more it is really WAY more

That's the most stupid fucking thing I've heard today. There's always an equal amount of buying and selling, it's kinda how a trade works.

I think that he is saying that the volume in the pumps is much higher than in the dumps. Evey coin someone buys is a coin someone sells, but the number of transactions may vary.
full member
Activity: 228
Merit: 100
So will DarkCoin be above $20.59 in a week?
http://cryptocoinstats.com/priceforecaster.php

1 year trend price= $225,270,627,957.5998  LOL

Sounds about right, doesn't it?

I'm game!  Of course it currently only has 3 days worth of prices to work with.  That's just if the rate of price increases never slowed down.
newbie
Activity: 53
Merit: 0
I hope you people talking up this bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to no be seen as negative news and trigger a good old dump.

Just saying'. Watch what you talk up.
 

What's the possibility that BFX want this to be priced in somewhat before they make a sudden announcement? Any reason they might be letting these sneak peeks out deliberately for that reason?

So if they are Mr. X (the one with biggest wallet), that would make sense. But I do not think Mr. X is an exchange...

I was just wondering whether it would be in their interest to drop a bomb with a sudden announcement, or to have the market basically absorb the impact in a softer way.
full member
Activity: 140
Merit: 100
1 wall moved from 0.025 to 0.024 among with the other wall
hero member
Activity: 574
Merit: 500
BUM BAU 240 BTC sell wall !

yum yum it will be eaten in seconds, IF it's not pulled back

Not unless there's a very hungry whale.

We just shot up pretty quickly, it'll likely have to catch it's breath a bit before it could beat 24. Should be time to get your BTC to mintpal. Grin
full member
Activity: 140
Merit: 100
BUM BAU 240 BTC sell wall !

yum yum it will be eaten in seconds, IF it's not pulled back
legendary
Activity: 3066
Merit: 1188
I hope you people talking up this bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to no be seen as negative news and trigger a good old dump.

Just saying'. Watch what you talk up.
 


full member
Activity: 172
Merit: 100
Can I short DarkCoin yet? I am looking at bitfinex but it looks like you can only short bitcoin and litecoin.

Not saying I absolutely am wanting to short this juggernaut, but it would be interesting to know I had the ability.

Thanks in advance.
newbie
Activity: 53
Merit: 0
I hope you people talking up this bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to no be seen as negative news and trigger a good old dump.

Just saying'. Watch what you talk up.
 

What's the possibility that BFX want this to be priced in somewhat before they make a sudden announcement? Any reason they might be letting these sneak peeks out deliberately for that reason?
full member
Activity: 238
Merit: 100
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