Bitcoin Forum

Is it me or has darkcoin been tanking lately? I have a small position in dark but it seems to drop 4% every day in volume which leads me to believe no one cares about this coin anymore. With that said, I think it's time for me to move on to something more innovative and fresh. Or is bitcoin the only way to go these days?

i seen a couple of days ago price go from 0.14 to 0.17 and back to 0.14

i still think there is life in it but dont know yet

hoping it lives and goes big!!

XMR is stealing DRK's lunch money.  Need to teach that boy how to fight.

Yea it just seems that there is nothing this coin brings to the table anymore. Anon is played out now as many new coins have this feature so what's going to keep its value up? It seems bitcoin is the safest play right now but I can't think of a #2 that is blatantly obvious.

I'm beginning to wonder if features are really going to matter when it comes to mass adoption. It would be nice if there was a blue collar coin to bitcoins white collar. Dark certainly is not the answer anymore.

Patience I would say. Usually people make hasty decisions. Just keep it for another half a year and you will see where it is really heading to.

Seems to me like Nxt is the one with the best shot at beating out even Bitcoin.

Way I see it is that Proof of Stake is the future.  It's much more energy efficient, doesn't require extreme inflation to power the network because it's more cost efficient, it's more secure and just all around better.

Nxt has far more developers working on it.  Did you know that Gavin is the only core developer for Bitcoin?  Nxt has at least 10.. probably over 20 developers.

Even Gavin Andreson at some point was saying that he hopes it's Bitcoin but he sees another coin potentially beating out Bitcoin some day.  It's the reason Warren Buffet refused to invest in Bitcoin.. because it's got some strong potential competitors.. Nxt is the strongest in my mind.

And anonymity(or Privacy) will be implemented in Nxt too.. but it won't be the one main feature, it'll be just one of the many feature it'll have.

Possible competitors If Nxt screws something up:
Ethereum
Ripple.. but them holding onto 90% of the coin is a really deal and I think might kill it in the long run

I agree with your assessment of NxT ..

You might also want to revist KARM ..
Has a market Cap of about $1.7 million ( low ) ..
The 'kicker' to future adoption and growth is that the coin KARM
is the key to access an embedded for profit LLC ie Karmashares ..
It's worth a little of your time for a proper 'due diligence' ..

Triff ..

NXT is a scam, as with all IPO coins.

Whoever runs the IPO can send in 10 BTC with dozens or hundreds of fake accounts, get 90% of the coin count, then he pays nothing since all the BTC comes back to him anyway.  It's just some bogus license to create as big of a premine as you could possibly want.

I agree that NXT is a scam but more importantly proof of stake is garbage. Although proof of work uses more energy and equipment, you can't create something without work. This is simple physics. There is financial commitment in proof of work which gives it value.

Darkcoin has dropped 21% in the last couple hours. I guess it was good for me to sell two days back. It's sad to see this coin dying.

DRK is dying a well deserved death. The smart money is pouring BTC into CLOAK.

Buy CLOAK.

The CPU mines the PoS Blocks. Its a more efficient way of securing a blockchain then using PoW.

Haters Gonna Hate.

What makes cloak stand out from the other 827 altcoins?

The lifecycle of a coin is too short!

I just got some darkcoin, will hold it for a few and sell at a later time.

Blackcoin had its run... Market should stabilize now.. Crazy Bull run is over...
Its still the best coin of the year.

Yes I agree, there is only one coin that has stood the test of time. Doubting if there will ever be a #2.

really ? are we gonna make one of these for every coin ?
and i don't like Dark coin either so i'd be happy if it did die but come on lol

and self moderated ? scared ? lol

I think it's reached it's lifetime peak, just going to go downhill I hope.

holy shit - ha ha ha ha !

there were tears...

i'm definitely not hating - and i think PoS has a place in crypto because there can be a lot of crypto currencies - that serve lots of different purposes, however they must have a fairly clean PoW emission period such as the ones you support Tokyo.

otherwise they run the significant risk of falling into the coveted Po$ or (Proof of Scam) system.

Just playing a little defense Spoetnik, that's all.

Can you please summarize what CLOAK currently has released? What technology provably exists.

the coin moved up 800% in a few weeks, you need to see some consolidation to test its real worth.

There will be god POS over POW in future to not build in Java with better distribution.
Jave had several serious security issues over last years it is much easier program in Java so development is much easier
but at the end when BIG money comes i don't want lose money because of JAVA exploit...
( http://www.oracle.com/technetwork/topics/security/alerts-086861.html ) - fun list.


Anyway NXT screwed up distribution this is seen in Volume lets look at 2 pure POS in top on market cap:
BC (7 day minig full free market ) - volume today about 200k... and 10m market cap while
NXT (full IPO to 72 people ) - volume today about 150k... and 62m market cap

NEM - I want see in future how wide distribution will affect price/volume and their POI ( some kind of POS minig )
for me NEM can be NXT "killer"... everyday joke volume on NXT proves me in that.

---------------------------------

About DRK it have HUGE volume... over NXT 1,420,478 $ and half of NXT market cap...
Do we need more comment that ?

DRK can rebuild if whales decide to do it or if Dark market will use it...
while some critical java bug can blow up whole NXT... to 50k $ or less in one shot.
DRK will live like all coins - you can hate but it will live.

#2 is monero, the anon coin that actually works and has legit development going on.

No way is dark dead, i still get darks paid regularly just have some difficulty finding a buyer right now. Consider:
https://bitcointalk.org/index.php?topic=670906.0 (https://bitcointalk.org/index.php?topic=670906.0)

What about the premine and the lack of innovation?

Monero works okay when there are max 5 people trying to send money simultaneously.

Please?

buy litecoin. it is the only decent alternative to bitcoin.

-Cloaksend doesn't use coinjoin which drk, bc, and most alts do. Coinjoin has been dis-proven as anonymous. So that's a fully working anonamous system first off
-Cloaktrade: Trading cloak/btc via the wallet
-PoSA (Proof of stake ananomous). Also known as Cloaksend 2.0. This is a completely decentralized anonymous system to upgrade the current CloakSend. Release date 7th June
-OneMarket (decentralized market place implemented into wallet). Whitepaper released yesterday: http://www.cloakcoin.com/onemarket.pdf

Anyone feel free to correct me/add features. I'm rushing and haven't read everything

So these features already exist and are working?

Cloaksend 1.0 and CloakMarket, yes.
PoSA - 7th July

Check out the thread. Great community.

Back to the topic, I agree. Drk is dying. A handful of newer coins out there have potential :)

It was just another DOGEcoin (without any practical use), so obvious

How are we feeling about this now that some time has passed?

All eyes are on XC / XCurrency.

I think DRK might become the X coin to survive, but not at a high price.

So not dead, but not the new LTC either.

Xcoins are at the end of the road, regardless of the number attached as a suffix, or whether the coin becomes a "note".

DRK has had a lot of money invested in it (not mine). And it has a cool name, and was the first to shine.

Perhaps, however,  Monero is a better bet, trading at that huge exchange Poloniex. Has a great system, you buy and sell your own coins and your mates' coins, then you come on this forum and start shilling, eventually a sweet child spends all his pocketmoney on it, and you are laughing all the way to the pub.

Recipe for success, what could possibly go wrong with such an intricately planned strategy?

LOL then why does Monero keep falling? XMR is stealing DRK's lunch money and keeps losing it.

XMR needs to get on Cryptsy, finish it off for good.

what is/was darkcoin  ;D

This

agreed...Monero and the rest of the CryptoNote family are set to takeover DRK

xmr is dying as well

All altcoins have been hit hard. The could be the final nail to the coffin for all the altcoins.

Clock coin also drop close to 20% today. Don't see it being any different than DRK.

Darkcoin is dropping another 20% today. Anyone buying hoping for short term rebound?

it isn't really work in the traditional sense though, it is more waste. 

and example in traditional means would be a guy that worked building a house stacking bricks.  at the end of the day he has something to show for the work and the world is better, a house has been built.  but a wasteful worker is just a person that throws bricks around and then picks them up and throws them around again.  maybe he gets a reward for wasting the most energy, but at they end of the day not really anything was done, all that waste and not really anything to show for it.  It isn't really work.  PoW is more accurately thought of as proof of waste.  it is like saying bitcoin is valuable because people wasted energy looking for them.

Cloak, RIP...

Short term rebound is all you can hope for
https://bitcointalk.org/index.php?topic=742695.0 (https://bitcointalk.org/index.php?topic=742695.0)

Can consider this coin officially dead.

If aurora coin is any guide, darkcoin will fade away in 2-3 months.

Sorry but why would auroracoin be any guide?

its not

Biggest losses (24hr):


44   CloakCoin CloakCoin   -62.53 %   
69   SuperCoin SuperCoin   -41.32 %   
30   Nxttycoin Nxttycoin   -39.42 %   
40   Qora Qora   -34.45 %   
88   KeyCoin KeyCoin    -31.27 %   
83   Scotcoin Scotcoin      -29.73 %   
27   Feathercoin Feathercoin       -26.59 %   
97   Tickets Tickets   -25.24 %   
8   Darkcoin Darkcoin    -23.34 %   
92   Stealthcoin Stealthcoin       -21.72 %   
24   VeriCoin VeriCoin    -20.45 %   
28   Infinitecoin Infinitecoin   -20.21 %   
89   WankCoin WankCoin   -19.35 %   
100   BoostCoin BoostCoin      -19.27 %   
91   Navajo Navajo      -18.21 %   
6   Peercoin Peercoin      -18.04 %   
64   USDe USDe      -17.49 %   
2   Litecoin Litecoin   -16.58 %   

Interesting... So the real story is a lot of alts are getting crushed right now. Interesting indeed. Master conspiracy in full effect or the markets just had enough of the whole altcoin phenomenon?

Another thing to consider is that its not the biggest darkcoin addresses that are doing the dumping. the distribution of drk isn't so bad compared to other coins, take a look for yourself:

https://chainz.cryptoid.info/drk/#!rich

Darkcoin last price: $1.7966

Daily Change: -1.0685 (-59.47%)  

LOL

wow the head bitcoin troll is slumming it in the alts, we should feel honored!

The money is moving into the XMR market as far as I know.

Nice try, im mining that and its down 35% over the last few days

Apparently you don't know, as it's not.

http://us.cdn001.fansshare.com/photos/georgebush/bush-dumb-idiot-387523349.jpg

This is not surprising all as the price was all built on hype, fads and gimmicks. Do I really need to sell my BTC and buy DRK in order to make an anonymous transaction? LOL

Is the correction today related to instantmine or fundamental flaw of the anon technology?

no, rc4 works fine, the price is being intentionally driven down, a 100btc wall has been moving lower on mintpal all day. Ive been watching it creep down.

https://www.mintpal.com/market/DRK/BTC#

xmr is dying too, the money are on ethereum or just there aren't money...

1.55 now. Close to -90%.

Today change +2.77

src bitcoinwisdom; not sure why you call it dying.

There isn't anything going on with Any coin. Even Bitcoin hardly has anything "going on" with it. Most people don't know it exists. Your points are invalid, simply because cryptocurrencies on a whole don't have That much exposure...yet. In a year or so, the top altcoins(fair distribution/fairish release, active devteam, leader of their own niche etc) and Bitcoin will be much more well known than they are now, just like Bitcoin is much more well known that it was in August of 2013.

I never said Darkcoin is dead. Do you not know that I hold 210 darkcoin, far and ahead, the most of any altcoin I have?

Yea.

We could make a bet(have an escrow), and we'll see who's right in 6 months. I'll be looking forward to it. Your point was proved entirely wrong already.

was at 500ks now at 300ks, this is 40% loss, i couldn't care less about the daily change, i always look it by a global pov

So then Bitcoin is also dead in your view, since it suffered more than a 50% loss from November.

You seem incapable of understanding things...

You can't say XMR is dead, especially when the coin We both hold the most(darkcoin) has dropped over 1,000% from it's ATH, and over 50% in the last few days alone and XMR is the only anon without a premine and has a fair distribution, and one of the few coins overall that has a fair distribution.... Not to mention your entire view on the subject makes no sense, since the cryptocurrency sector isnt known by mainstream society.

well no bitcoin is an exception to this, because it is not a clone

Makes no sense, but ok. There can be No exceptions, stop trying to make up excuses kid.

Ok sir, by your definition you'd have to propose that Bitcoin, and every other cryptocurrency is also dead. Bitcoin had a 50% drop swiftly after it's rise in November.

kid lol? don't shoot sentence without knowing shit plz, and yes it make sense, you can't compare bitcoin to all those garbabe that are dumped for bitcoin

I'm pretty sure he's just trolling... Nobody can be that stupid.

Monero isn't a clone of Bitcoin, so I guess that puts it in the same boat, wouldn't you agree?

Pro-Tip :

1 - Buy BTC during dump

2 - Buy Nxt + XMR during dump

3 - Sell Nxt & XMR during pump

4 - Repeat 1 & 2

5 - Cash out.

6 - Buy a dildo.

7 - ??

8 - profit

How exactly is this related to DRK. There was some serious market manipulation, it can't be avoided. Some big but yet weak hands have left the coin. I was expecting it a bit but not by such a margin.
DRK is far from being dead, but we will see if and just how much it will recover.

Altcoin that suffer this kind of price dropped rarely ever come back. The developers might as well abandon the project and start from fresh.

Because Aurora coin spike up quick and fade away equally fast. Darkcoin is going through the same process right now.

it's a semi-clone, it is based on block and reward and transaction with address, everything that shares those characteristics it's a semi-clone

at least it's not a pure clone yes

But that just means it shares common principles. Bitcoin used principles from Adam Back's Hashcash, blinded payments from DigiCash, and several other virtual currencies that preceded it. Here is a good article that is a starting point if you're interested: http://bitcoinmagazine.com/12241/quick-history-cryptocurrencies-bbtc-bitcoin/

I think it's important to make a distinction between something that builds on the theoretical foundation of Bitcoin, yet shares no common code with it, and something that merely inherits Bitcoin's code and adds a few features. I do not think calling the former a "semi-clone" is valid, any more than I think it's fair to call Bitcoin a semi-clone of DigiCash;)

The price breaks $2 and holding. There may still be hope on the coin.

yeah i know that, but still the difference between bitcoin and older crypto(i didn't read all the the article, but the old crypto didn't have block reaward/address/mining ecc...they work on a different bases, instead monero have only the cryptonote algo as something new) are very high compared to new coin and bitcoin, the latter are more of a clone, than the old one with bitcoin imho

for example you can't just say that bitcoin is a clone of electronic money

Monero uses the CryptoNote protocol, which is completely different from the Bitcoin protocol. It does use a different proof of work algorithm from Bitcoin, but that is inconsequential, as that is definitely not the key or only differentiator.

For example, what you think of as a "wallet" in Bitcoin is a group of private (spend) and public keys that belong to you. In Monero, a wallet only contains two private keys: a spend key and a view key. An "address" in Bitcoin is a base58 encoded hash of the public key associated with a particular private key inside a wallet. In Monero, an "address" is a base58 encoding of the serialised view and spend public keys.

Incidentally, "mining" in Bitcoin is merely proof of work, and Satoshi openly acknowledges in the Bitcoin whitepaper that it is based on Adam Back's Hashcash (http://en.wikipedia.org/wiki/Hashcash).

Therefore, just because it appears to be similar in concept and uses similar terminology does not mean that it is the same thing. Satoshi Nakamoto pulled many things together in Bitcoin, from a HashCash-derived proof of work system, to the blockchain which is, essentially, a Merkle tree that is not too dissimilar from what Ralph Merkle patented in 1979. Similarly, Monero certainly uses many of the theoretical principles espoused in Bitcoin, but it pulls many other cryptographic concepts together, such as its use of ring signatures (per the "group signatures" paper published by D. Chaum and E. van Heyst in 1991).

40% price jump today. There are still a lot of darkcoin supporters apparently.

I hope the developers do not cash out their holding on every rally.

It's actually sad to see who is holding that Eden signature. How can you even say 'altcoin' as in general for all coins. There is no rule that.
The developers should not abandon DRK at all. If you actually cared enough to do any research about it you would know why. The anonymity is there and it works, you can try it out yourself. You must realize that not all coins are the same. While the majority is copied and used for pump & dump purposes, that's why they don't recover.
You know that I'm right when you look at the market. The price bounced back quite nicely and I'm hoping that the trend will continue the next few days.

That guy probably isn't around long enough to differentiate the difference between PoW and PoS coin. Or Anon vs non-anon transaction.

So, from a newbie perspective, all coins are same to him.