Great things happening here! Wish I had bought more BTCD!
I make no promises about BTCD price, but let me tell you my experience with DRK
I discovered it early, first week it was on polo (and only polo)
scooped up 1%+ of it for cheap
it did ok, but nothing spectacular for a while, then boom! up 10x
so, I started selling cuz 10x is good gain and as DRK kept going up, I kept selling. Now I did make 200+ BTC on <10 BTC I paid, but had I just kept buying more as it went up (to a point of course), I could have made thousands of BTC!
2014-02-09 06:09:49 Buy 0.0002 2700 0.54
2014-02-09 06:09:49 Buy 0.0002 200 0.04
2014-02-09 06:09:49 Buy 0.0002 57.56331285 0.01151266
2014-02-09 06:09:49 Buy 0.000199 75.54 0.01503246
2014-02-09 05:57:22 Buy 0.0002 5898.5202 1.17970404
2014-02-09 04:55:36 Buy 0.0002 4470.23884146 0.89404776
2014-02-09 04:55:36 Buy 0.0002 1000 0.2
2014-02-09 04:55:36 Buy 0.0001999 200 0.03998
2014-02-09 04:55:36 Buy 0.0001999 100 0.01999
2014-02-09 04:55:36 Buy 0.0001995 148.09740854 0.02954543
2014-02-09 04:45:48 Buy 0.0001995 3814.51275 0.76099529
2014-02-09 04:45:48 Buy 0.0001994 100 0.01994
2014-02-09 02:52:14 Buy 0.000197 84.14086294 0.01657574
2014-02-09 02:44:24 Buy 0.000197 4191.9191 0.82580806
2014-02-09 02:44:24 Buy 0.000196 1000 0.196
2014-02-09 02:21:00 Buy 0.000197 7088.99707369 1.39653242
2014-02-09 02:20:59 Buy 0.000196 1000 0.196
2014-02-09 02:20:59 Buy 0.000195 1200 0.234
2014-02-09 02:20:59 Buy 0.00019 704.26310527 0.13380999
2014-02-09 02:20:59 Buy 0.00018899 6.73982104 0.00127375
After it went up 10x, it went up another 10x!
My issue with DRK was that it was closed source and even the basic premise of masternode mixing wasnt sounding so strong an algo, so my strategy was not so bad, I just should have waited until a bit more than 10x gain to switch to selling
Now with BTCD, I am very open about progress, roadblocks, mistakes, etc. source code is
https://github.com/jl777/pNXTpeople have compiled and run it, I am explaining it so not so mystery.
BTCD has gone up 10x, but from silly low price. So the question is not how far has BTCD gone up already, this is meaningless unless you have time machine to go back to get more
The question is if BTCD belongs in place 27 on coinmarketcap or place 17 or even place 7
This question you must answer for yourself and based on this answer, look at the current market cap of <$2 million and this gives you the future price you are expecting. Discount a bit as always uncertain in this sort of thing and only buy as much BTCD as you can HODL without worrying about crazy roller coaster price games that will arrive here soon.
Many people without time machine, will try to turn you into WH by doing crazy things to the price. That way they will try to get price from the past. I alert this thread when I see such attempts to manipulations. I hope this helps.
I want escalator price increase, no roller coaster. Nobody will be surprised when I deliver and by constant info, the price is reflecting of all the relevant factors discounted by odds of not completion in time, or problems with implementation. This is fine. So people that believe in me and trust that I will come through, they make the most money. People waiting until no tech risk, they make much less.
James