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Trader_1918
Nov 12, 2019 7:08 PM

DUSK/USDT the Nightmare Continues NO TRENS no FRENS 

Dusk Network / TetherUSBinance

Description

From a TA perspective DUSK is still in a choppy very low volatile range, the old levels above .10 are still in play if we begin an uptrend.

We'll (shrugs) I had high hopes for DUSK so far it looks like they front-loaded all of their marketing to P&D before the token vesting
got into full swing. Namely promoting their mainnet by now, huge "partnerships" if you read their medium posts it looks like they
are still trying to figure things out from a coding perspective. They've made some interesting hires, formed some good intergovernmental partnerships but these are boring to most crypto retail, they don't in anyway fall under the fomo category like a big name partnership does.

Jelle Pol even stopped doing AMA and video interviews AT THE TOP OF THE PUMP. I can't make this up, it's obvious they
play the crypto pump game which is fine it means they'll pump in the future when the environment is more bullish. They
were incredibly busy marketing right up till the top of the pump... SMH.

For now it's clear they have ZERO intention of printing any kind of uptrend before the majority of tokens are released. I'd say the second by second vesting experiment is a horrible idea for any teams out there that may comes across this. Just release your tokens slowly over years so retail doesn't get absolutely hammered.



Comments
Trader_1918
is it over?? prob not.
Trader_1918
Who knows at this point could go sideways for months and months.
Trader_1918
Nothing definitive yet.
Trader_1918
So for anyone who asks dropping 200+ mil tokens in a few months on an illiquid market is a really bad idea. Bitcoin in the begining gave away tons of BTC through faucets, then miners had a chance then to participate before the mega mines blew the difficulty up. Dusk just dumped them on "investors" for .056ish, seems those close to the team know how far they are along in building out the network. Shits going to take years to reach $1.00 sorry to say, I think we're in a protracted ranging market now that has zero outside excitement. Could be 2022-2023 before we see any real excitement in the space again.
Trader_1918
Dusk is no fren to retail lol. But hey they got a new dev. Have some free tokens new dev "sweet thanks for the few million Dusk, i'll just be dumping these now."
Trader_1918
Can't even hold ICO prices SMH. Unmitigated dumping.
Trader_1918
Annnnd continues. With devs in the TG room being defensive about people asking "when mainnet" like their github doesn't say what Q2 2019 lol. Don't put out a public token if your not prepared for people to buy it and ask normal questions.
Trader_1918
it's as if they don't want an uptrend ever again lol
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