As I reported yesterday in analysis titled "Can ETHD fall any lower?", Ethereum Dark has had a big announcement since September 26th (a few days ago) that it finally revealed today.
Investors and the community have been waiting a long time for this one and unsurprisingly people don't seem happy with the result either.
This announcement consequently rules out a Bittrex listing in the very near future, which most people were counting on, as theories of future exchange listings begin to die down.
So what is the big news then?
Oh, you mean that's it? I can see why people are disappointed now, I definitely would be if I hadn't already got a 200% return from this crypto. Regardless, I've long considered ETHD to be one of the best examples of a shitcoin.
On the upside, I'll list my top ten twitter replies to this announcement. Baring in mind the main driving power behind this coin's rise is it's name and it's community, it sounds like ETHD might of just lost a large chunk of the latter.
10. "Fuck youuuu... you really think people will trust you again."
9. "Thanks for my 5× gains. Not participating in this shenanigans anymore. RIP $Ethd!!!"
8. "Communication is the 🔑, the sooner you understand that the better it's is, you are behind in that so far"
7. "Well this was very unprofessional. I lost my faith in this coin."
6. "More bullshit!! Too fucking late now!!!!"
5. "ETHD will never reach 4.5$ again, so glad I got rid of it at the top of the chart"
4. "bad new for us guys !"
3. "Fuck i lost usd 1200"
2. "You CAN'T give an hype like this for an announcement and then throw it away with this bullshit"
1. "Nice big announcement you got there."
For anyone wondering how this affected the price, in fairness to this coin it did bump up 60% between 7-8am (UTC), from $1.07 to $1.71, but since slipped back down to $1.27.
This gives it a mere 18.6% increase since the announcement, which ironically is also the same percentage that it's down over 24 hours when it was at $1.64.
Even the ETHD-ETH and ETHD-LTC pairs are no longer 50-100% higher compared to ETHD-BTC, so it's difficult to see the attraction in this investment at the moment.
