1 year trend price= $225,270,627,957.5998 LOL
Sounds about right, doesn't it?
Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5372. (Read 9723748 times)
June 02, 2014, 10:01:36 AM
1 year trend price= $225,270,627,957.5998 LOL
Sounds about right, doesn't it?
June 02, 2014, 10:00:46 AM
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.
June 02, 2014, 09:59:08 AM
1 year trend price= $225,270,627,957.5998 LOL
MOON
June 02, 2014, 09:56:51 AM
1 year trend price= $225,270,627,957.5998 LOL
June 02, 2014, 09:53:16 AM
*burps*
June 02, 2014, 09:49:31 AM
So will DarkCoin be above $20.59 in a week?
http://cryptocoinstats.com/priceforecaster.php
http://cryptocoinstats.com/priceforecaster.php
June 02, 2014, 09:48:49 AM
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.
the bounce back to almost the old regions is really really interesting.
asummed it would stay quite a while below 0.015
anyway if evan manages to get this coin really anonymously - this will be coin nr2 on coinmarketcap
June 02, 2014, 09:47:02 AM
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
June 02, 2014, 09:45:07 AM
darkcoin is on his way to the moon 
June 02, 2014, 09:43:01 AM
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.
June 02, 2014, 09:32:37 AM
Anyone else have a feeling some good news is coming out soon? hmm. Bitfinex, maybe? To allow shorting, don't they need to have a stack of DRKs first? 
June 02, 2014, 09:32:23 AM
It has to blast through the 22 now, otherwise we have a "problem".
The market just read your post I think.
unless...........
be honest Tim, unless what?
It was the Shibe doing the blasting!
June 02, 2014, 09:31:44 AM
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.
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.
I don't agree, 0.018 to 0.022 over 2-3 days is not really a reaction to bitfinex adding it (it was 0.025+ before the fork), 0.03 in 24 hours would be. Most people accepted it's happening, but also most people don't know when, it could be tomorrow, after 1 weeks or after 1 month.
i think after june 14
June 02, 2014, 09:31:30 AM
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.
June 02, 2014, 09:30:33 AM
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.
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.
I don't agree, 0.018 to 0.022 over 2-3 days is not really a reaction to bitfinex adding it (it was 0.025+ before the fork), 0.03 in 24 hours would be. Most people accepted it's happening, but also most people don't know when, it could be tomorrow, after 1 weeks or after 1 month.
June 02, 2014, 09:29:55 AM
It has to blast through the 22 now, otherwise we have a "problem".
The market just read your post I think.
unless...........
be honest Tim, unless what?
June 02, 2014, 09:29:09 AM
It has to blast through the 22 now, otherwise we have a "problem".
The market just read your post I think.
unless...........
June 02, 2014, 09:24:55 AM
It has to blast through the 22 now, otherwise we have a "problem".
The market just read your post I think.
June 02, 2014, 09:24:26 AM
This is what's gonna happen..
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?
Holy shit dude that was fucking hilarious. Thanks. I needed a good giggle.
June 02, 2014, 09:24:21 AM
0.0226 - 0.0228
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