I don't get it even a minor bagholder with lets say 10,000drk who bough it at $0.60 can dump it now and make $50,000 profit instead of risking the wait until the correction... why would they hold?
Think Bitcoin. Nobody became rich by selling at 5 and 10$.
I agree, but theres alot of risk at the moment. With the clusterfuck of the hard node and lack of communication of how were are going forward ( I mean trusting pools really..) or the risk of another hardfork. It makes sense if you are a big bagholder who bought it cheap to sell now and wait to see if it clears up. If it does you buy back in and have 9000 coins instead of 10,000(still very happy), but if it doesn't you have a huge profit and can buy in for more when the price goes down.
I'm talking about the next few days or week, not the long term.
