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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Spoetnik on April 27, 2014, 07:03:19 AM



Title: [POLL] Vertcoin or Darkcoin ?
Post by: Spoetnik on April 27, 2014, 07:03:19 AM
Ok so i have a couple hundred Vertcoins i got like a month or two ago now..
Back then i was looking at alternatives to scrypt coins because of incoming Scrypt Asics etc.
So i wanted a Poll here to see what people think.. which would you invest in if you had to pick one or the other ?

And feel Free to FUD either coin i couldn't care less at all lol

Who knows maybe i will sell my coins and buy some of the other ones..
I left both out as an option to make people choose one or the other ;)

Thanks for reading / voting.


Title: Re: [POLL] Vertcoin or Darkcoin ?
Post by: stealth923 on April 27, 2014, 07:13:07 AM
If you think that ASIC is the be all and end all of crypto world - stick with vert :P

If not - you know what the correct answer is :)


Title: U stoeled m3 meGahurTz !!11
Post by: Spoetnik on April 27, 2014, 08:07:30 AM
If you think that ASIC is the be all and end all of crypto world - stick with vert :P

If not - you know what the correct answer is :)

not really sure what your saying..

so the poll started out with VTC ahead, now i looked and it's an even 50/50 split.
it's getting interesting, wonder how it will turn out lol


Title: Re: [POLL] Vertcoin or Darkcoin ?
Post by: IloveAnonCoin on April 27, 2014, 08:08:19 AM
Both of them have instamine especially Darkcoin.


THE FACTS ABOUT DARK COIN

1. released without windows QT so that only dev and pals could mine it.

2. Instamined harder than any other coin out there  12.5% of the current minting was mined in the first day

3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey


yes that is correct they mined 50% of all the coins available at this time by themselves in the first 24 hours whilst windows users could not mine.


That is the facts.... doesn't matter what else they say... nothing can change what they have done.

Once zero coin, or bytecoin with a decent wallet it released or another darkcoin clone is released.... dark coin will sink like a stone.



Every time they try to spam their coin just post this to remind them of the facts about their coin.

hehe they will accuse anyone to hide their scam...

LET THEM ARGUE WITH THESE FACTS

1.  The block reward was 500 every couple seconds at launch!  Not 20 or 50 coins every 2.5 minutes as listed.  There was also no windows wallet so only linux users could mine.  This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours.  Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!!  All mined in the first 24hours by just a few wallets.  Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)

2.  Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets.  This could be 10 people or it could be simply Evan with 10 different wallets.

3.  My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch.  The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!


noob fools saying i think it is nice people mining early get more coins...lol you silly noobs.

you would all be crying when a coin comes out with no wallet and a HUGE HUGE HUGE % of minting is mined in 24hours that you will never have a chance at you silly people.

keep quiet over thing you don't understand.


Just print this to anything they say!!!!!!

1.  The block reward was 500 every couple seconds at launch!  Not 20 or 50 coins every 2.5 minutes as listed.  There was also no windows wallet so only linux users could mine.  This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours.  Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!!  All mined in the first 24hours by just a few wallets.  Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)

2.  Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets.  This could be 10 people or it could be simply Evan with 10 different wallets.

3.  My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch.  The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!


the more they try to justify or excuse it the more people get to read about the scam..............

in the end they will accept it is best to shut up about it and hope people forget.

http://cryptometer.org/vertcoin_96_hour_charts.html (http://cryptometer.org/vertcoin_96_hour_charts.html)

None of this bodes too well for Vertcoin holders, but I'm not sure it will stop people from investing in them.

http://i57.tinypic.com/2rn7qcl.png

You have 3,500,000 total mined currently. From around hour 33 to hour 63, 600,000 coins were mined.

That's what we call an instamine.






Title: ?> hmmm
Post by: Spoetnik on April 27, 2014, 08:13:58 AM
well i noticed on the Dark coin ANN topic i think they floated an airdrop to fix that instamine problem yeah ?
So if that is true then they are admitting to yes in fact it was a problem !

Did the Vertcoin devs admit their coin was an instamine scam ? ..nope
what was there response i wonder ? hmmm

Darkcoin dev admits it..

Vertcoin dev admits nothing..

not exactly even now is it ? lol


Title: Re: [POLL] Vertcoin or Darkcoin ?
Post by: Spoetnik on April 27, 2014, 10:06:38 AM
VTC is owning hard now wow  27 to 8  :o


Title: Re: [POLL] Vertcoin or Darkcoin ?
Post by: notsoshifty on April 27, 2014, 02:08:20 PM
If you like instamined (or "ninja launched", as the dev prefers to call it) X11 coins, take a look at a Darkcoin descendent: Hashcoin!

https://i.imgur.com/RdogD7Y.png

Combination of high initial reward and bizarre difficulty adjustment. More details at: https://bitcointalk.org/index.php?topic=568453.msg6371890#msg6371890 (https://bitcointalk.org/index.php?topic=568453.msg6371890#msg6371890)

(As further proof that the coin is a joke, it was recently broken for a couple of days with no blocks mined; the dev was struggling to fix it so somebody else stepped in; it's now limping along again).


Title: Re: [POLL] Vertcoin or Darkcoin ?
Post by: galbros on April 27, 2014, 02:53:33 PM
I went with vertcoin because I like the ASIC resistance.  I think DRK would be better if it came through with what it promised.  The early mining accusations are also a bit disappointing.

Good Luck!


Title: Re: [POLL] Vertcoin or Darkcoin ?
Post by: Zzzack on April 27, 2014, 04:38:25 PM
Supporting these coins is as bad as supporting litecoin.

Go for CPU coins or something that involves pos