someone just splurged 23 btc on mintpal and wiped that 17btc sell wall at 450k satoshi
...aaaaand another exciting day in DRKland has begun
![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
Now seriously some of these BTCs can't be legit. Earlier the price was 0.0039 both Mint and Cryptsy... a guy comes along at Mintpal and throws like 20-30 BTC buy order at 0.0045. Why would anyone do that if they had actually acquired their BTC in legitimate ways? It's an insta-loss of 10%... He would still get his DRKs if he put the buy at 0.0041. I sold everything I had at Mintpal on him and rebought at 0.004 a few seconds later.
They could also just not care about a short term loss. There is no doubt this price will fly a lot higher after RC2 so in the long run their buy was completely reasonable.
Not disagreement with the fundamentals but why go over 10% of the current orderbook? Doesn't make any sense / it's not rational buying behavior.
Quite simply, because this is not just another coin. Masternodes require 1000DRK "deposit" to be stationary, so pretty soon, no-one will be able to have one. People who know Darkcoin are selling their kidneys for BTC to rush in.
Its a perfect whale trap.
Its is beautiful !! (... because I got over 1k just in time to never dream of)