It's a single person/group as those massive orders all appeared at the same time. They are obviously trying to incite panic and drive the price down even further. Their motivations? The obvious one is greed. They already have tens of thousands but want more.
You are correct. It's a group. These are the guys manipulating drk right now. They were exposed in this post. It's blatantly obvious who's behind these dumps and why. If people can't see what's going on then they're blind.
Shojayxt... im going to give you the same respect back. First off, im going to assume that your fairly intuitive, and would figure that why would a person like me be on here. You would probably guess that i to have my agenda sort of speak. i did some very indept research and became acquainted to Evan and Internet Ape and what the plan was going to be back in January, though they had been working on it already alot earlier.
As part of my own private crypto investment group... we spent alot of time discussing not only darkcoin but several other potential coins. It became evident that nothing had the robust vision that was being purposed by darkcoin. we had as a collective a vast experience base in crypto investments. One of the requirements we had was that we were looking for long term solution to wto specific concerns to us, security, anonymous transactions as well as a look to coming out with real world solutions for the retail and merchant space. Our collective groups background is from IT and software engineering , mine was having developed a software billing system for at&t and MCI, to retail merchants, investment advisors and even a doctor. This gave us a great prospective on what it would take resource wise, to tackle this. We were also aware of what the development cycle would be like and the hurdles that were going to come.
To be honest... couple of things that irritated us was the advertising of firm dates on deliverables as we knew those virtually meant nothing due to the nature of what was being proposed. the other thing that worried us was the the meteoric price raise. We could fore tell that this was going to be a recipe for trouble... and here we are. Obviously no one is thrilled with the price drop that goes with out saying though it was not unexpected.
I think there are those here that have done a deservice to this coin in the short haul buy shouting from roof tops dates and price targets and when those arent met less savey investors start to panic. we had experienced this numerous times in BTC, not certain if your familiar when BTC was at $22 then fell to $3. this happened a number of times to BTC... drove people crazy. We knew what was coming price wise fir dark, because we saw it happen a number if times with Bitcoin.
Do I have doubts about Drk? No way... because the fundamentals are still there that we invested in... is the pricing down trend irritating yes. Doubts, we have non because we've collectively been here before, we know what to expect, people like you doing what your doing.... we've seen it all before... and im sure we'll see many more of you. Let me tell you and those looking to invest on Darkcoin, we knew to stay invested in BTC at that time. We heard many like you ... dump BTC for $3 like your advising to do now. Never Mr. Shojayxt. Your right... im not a moron nor is my investment group, we play to win Shojayxt... and we know exactly what we're doing and why we are amassing darkcoins! History again will prove me right.
Mr. Shojayxt... we're not some kids throwing some dollars around. We are professional investors that know what the hell we're doing. Collectively Between us... we hold a sizable chunk of this coin. And let be me very frank with you Mr. Shojayxt... we didnt invest in this to just run this up to just $50/drk. We can assure you we are in the next few years expecting far, FAR bigger numbers. So to investors in Darkcoin ... this is isnt a pump. You figure out the rest. Richard
Could it be a big exchange dumping part of its holdings to get some BTCs?
The good thing is he will eventually run out of coin to dump.
im hoping to get back in at $2. not sure... ive heard
there were a fewnbig peep with large wallets dumping huge amounts... to buy back in,
doing this game ine can double or triple their monwybfairly quickly. its an interesting strategy ive seen done before... and it can work well. they are ballsy because they are counting on demand for the coin after their dump. .
