People are dumping bitcoins too. Both bitcoins and devcoins have been available cheap lately.
A great time to be a buyer.
Place buy orders below current prices in steps downward, and as they sell put them back on the sell side above current prices going up in steps.
Nice income to be made that way.
It goes in waves, a while back all my sell orders up through 193 Satoshis per coin got bought, then came this downward move where more and more cheaper and cheaper buy orders are getting taken up giving me more devcoins with which to replenish my sell orders ready for the next upswing.
-MarkM-
Lets make 2014 the year of devcoin by raising our sell limits above way higher!
I dont sell my coins on the basis that a wave will end with a bull run that wont retrace.. so you will be left off the ride.. imagine if it kept going? You would buy higher then? I been around
stocks too long to see this.. its coiled up thats why Im not selling hoping to double coins by selling and
buying back because when the real move up comes I know
I will make way more by just focusing on earning now and holding.
Liquidity is inportant but its up to us on where that should be in price.
Oh I have hundreds of millions of coins held long term, for example there are 210 million locked up in backing dDVC tokens for my Digitalis Open Transactions server. Whenever Open Transactions really does get its "clients for Grandmas" working I expect I will have to lock up even more so as to issue even more dDVC tokens.
I only have maybe a hundred million or hundred fifty million or so doing liquidity on Vircurex. My sell orders are on every Satoshi of price from somewhere over 300 Satoshis I think, on down however far current buy orders have provided me enough coins to do, which right now is only down to 77 Satoshis.
So I am well placed for the eventual long term higher prices but I suspect a lot of getting there will be due to piling more and more larger and larger buy offers, so that eventually it would take all the devcoins in existence to eat them all up.
-MarkM-