This ain't going anywhere near 100 SAT sorry. I'll keep buying more.
I love how confident you became over a span of ~24 hours.
Whats your angle here besides peddling your domain name in sig? Your opinion/post have been wishy washy.
Get your mind right if you are truly part of this community or please take the negativity elsewhere.
thanks,
john
My "angle" is that I want DigiByte to thrive but think the recent growth is unnatural and part of a pump and dump scheme. I want to warn people against getting burnt.
And about the Blazin guy. He has completely switched from having Bitshares in his signature and profile picture to DGB and I don't trust him because of it.
So, how's your track record on predicting future price moves? Would you mind posting that data for our perusal?
I look at market price action from a more "objective" point of view, focusing more on the factual data than popular myths and gut feelings, and when you look at the hard data, you'll notice that the buy pressure amounted to more than $400,000.00 USD worth of DGB, while the post high selling amounted to around 10% of that figure. Secondary high buying pressure also greatly exceeded the post secondary high selling pressure in similar terms. Price bounced hard off of 100 during that relatively "light" selling (again, in comparison with the buying) which gives us reason to consider 100 SAT as a "hard floor". 150 is being traded above and below and therefore is establishing itself as a critical "over/under" level. 200 SAT is clearly the level above which price "flies" once again. That's all short term data, and the most basic at that. Longer term technical data clearly points higher, much higher, and the long term fundamental data suggests that "higher" is calculated orders of magnitude and that only the deluded might entertain the idea of being able to buy DGB in the 30's once again.
DGB could easily be trading well over 2500 SAT in very little time.
A word to the wise, court jesters are easy to spot, and they really only want your applause, and anything more you give them than that is a waste of your time.
Another interesting side point is that Cryptsy is losing ground with respect to the other exchanges, and I think we all know why that is.