Bitcoin Forum

Darkcoin had fallen sharply from 0.01BTC some time before to a low price of around 0.004 BTC (less than 2$) and has slightly gained since then

So, do u think darkcoin will rise far more than before or do u think it will fall and just become one of the numerous unwanted altcoins here?

Why do u think drk fell?
I had thought it was because of CLOAK as some news items i read cliamed, but as i see it, cloak has also dropped very low.

Please share your opinions

Bitcoin was falling sharply and it's my opinion that a bunch of people dumped DRK, CLOAK etc in order to buy into cheap Bitcoin.

As for DRK, it's been falling steadily since it's peak and I believe it will continue on that trend until a new floor is established possibly around 300k.

who knows, might recover, maybe not

wut? when you dump other coins you get bitcoin directly , there is no need to buy bitcoin

No

Very few alt coins ever recover from the initial peak and subsequent fall.

~BCX~

You're right, I wasn't all that clear.  Dump DRK -> Dump BTC for USD.  Buy back BTC at the new low.  DRK can also be dumped for USD directly.

Are there other altcoins like DRK that mixes funds for anonymity?

And exactly why wouldn't DRK be an exception here?
Why wouldn't DRK be among those few alt coins that have recovered. We can't really know that the next rally won't carry these coins to a new high. Besides DRK is far from the cap that it has reached in the past.

of course darkcoin will not rise again come on LOL, it doesnt matter if LaudaM pray all day ofc its not gonna happen (the obvious is obvious).

max is 5$ will never go beyond that again :D

~CfA~

DRK's fate is going be same like BCX's... it will die and nobody will ever care about it again cuz it was insignificant for the world.

~CfA~

I didn't mean the next rally of DRK or any coin by specific. I meant the next crypto rally, just like last time. Bitcoin skyrocketed and so did many useless altcoins. I remember having bought SBC for 0.2BTC some time later, at that rally it was worth up to 9.5BTC!
You can't make a rule general, there have to be some exceptions.

Unless they do something really innovative and break through, I do not see them coming back again.

Competition among anon coins are high, that confuse potential investor and make them invest in asset type coin like Nxt and Nem.

xmr's block chain is being tested by a bloat attacker. lets hope it gets the tx fees up to slow down the attack.

DRK is still in RC stage, so its still not yet seen its fate one way or the other.

However, I was taken back by the announcement to have an alternative to TOR running through their master nodes. that is interesting. if they can pull it off, they can use the darkcoins as a source of payment and that would bring new money into all crypto, even Bitcoin. it would also create demand for their currency.

We already did and the network was back to normal as of ~16 hours ago:) Emergency fix was built, tested, and deployed by major pools and exchanges within 6 hours of noticing the attack.

They've already increased the fees to .1 XMR, which is kind of insane. Temporary, but still insanely high.

Yes, sending around 10k XMR for 18 usd cent is so insane.

Except that the majority of people have only small amounts, and a fee of .1 XMR to send say 1 XMR is not practical.

Yeah but hopefully they'll be ok not needing to send $1.85 around for the few weeks we need to roll out a permanent fix:)

How many MB were added to the blockchain as a result of the attack?

22mb more than the August average.

Darkcoin may rise again...

But Monero XMR will soon be taking crown  ;D

If the UI and functionality aren't significantly improved, I doubt it . I've already had this conversation with Fluffypony, but promising is one thing and implementing is another.

XMR seems good, but DRK? what it has? The coinjoin category Supercoin is the best, with multisig trustless tech. I don't think DRK is good in anyway, just hype.

Lol, just lol. A fool and their money...

Well that's just an ignorant statement. Stop reading and spreading nonsense. How about you go there and try it out yourself. DarkSend+ works.
The anonymity is there and is proven. As for planned features, they are just planned for now, the same goes for the features that XMR 'is going to have in store'.

+1

spreading FUD on these issues is a waste of everyone's time.

anon needs more attention. it doesn't need my anon is better than yours. they are all better than 99% of the alt-coins out there.

I did not say it is not working, I said it has an old centralized mixer system, there are better technologies out there today, for example trustless multisg system implemented by supercoin.

This is not non-sense, stop promo and hype and look at the technologies and facts!

So you're saying why use something good when there could be something better out there?
Why buy an S5 now when in 10 years we you could have an S15?
I'm not going to comment what is better and what isn't. Darksend is constantly being improved. Even if it has an 'old system', it was and will be improved. Ring signatures are great too (XMR), that doesn't mean that DRK is not anonymous, or "anonymous enough".

This guy is right. The coin X is better than coin Z nonsense has to stop at some point. You don't even realize what could be created if all these developers were on the same project.

The arguments about which anon coin is best are really pointless. The model is not going anywhere. It's not needed by the mainstream, and to go somewhere, it needs mainstram adoption.

BTC is a pile of crap, but it has that mainstream appeal, and even has a body (self-appointed) making waves for it and spreading propaganda in the mainstream media.

DRK was a good coin, better than the majority, but its days are numbered before it joins the likes of XPM as a respectable episode in crypto history.

No it won't. We'll at least not significantly.
Sorry to have to say it, but LTC is the only sustainable and viable aLTCoin out there. 

I agree, I think DRK doesnt have much else to offer considering it is a Bitcoin fork with privacy features, I think it has had it's reign but there are many anon currencies working hard to take it's place. Whether XMR will take it's place only time will tell but there are many eyes on Monero. "Darkcoin" sounds a bit childish to me but "Monero" has some clever marketing behind it. Whether you're english, spanish, french, asian etc. the word "Monero" sounds native in almost every language.



"Darkcoin" is like MySpace
"Monero" is like Facebook

 ;D

Considering you guys don't have a GUI, I'd say you're more like IRC chat  ;D

LOL - hopefully we upgrade ourselves to Skype levels soon enough;)

GUI is nothing, GUI is just for marketing, the tech is more important.

CryptoNote is a good tech, multisig is a good tech, p2p anon trustless using multisig is a good tech, central mixer... it's a ok one, but not fit well into the p2p nature of crypto coin, so it's a less good tech. Though I understand it is easy to implement and many coins claiming anon using it, including DRK.

Because DRK did not use the best tech, it can't be the leader of the anonymous coin, it was in leading position for some time only because of promo and hype.

I think xmr and drk can win together.

because drk is based on bitcoin, its APIs are the same or very similar. those who run bitcoin can run drk, in place of or alongside. think porn sites adn gambling that now accept bitcoin. once customers start to get scared of being linked to using these services, drk can run alongside very easily, quickly and therefore cheaply.

drk using 8 rounds of mixing from within the wallet, that's pretty good tech, imho

xmr is different tech. those that don't like bitcoin, they can run xmr. there are plenty of takers.

So is this domain ruled by DRK and Monero. Are there any other coins with special anon features?

Cryptonote is taking over for now. DRK anon feature is also good and It will rise slowly over time.

XMR can win, not DRK, for the evident reasons stated above.

I don't think it will myself. Coins have a pretty short lifespan now and Darkcoin had a very good, long run. Once a coin declines off of its initial pump, most of the time it never returns to those highs. The problem is that there are just too many choices coming onto the market and nobody has the patience to sit with a coin for a really long time - they just dump it and move on to something else and interest in the coin gradually declines.

Well if you want to be as black and white as that, then I'd say xmr doesn't have a chance while the world adopts bitcoin. as I stated, drk has bitcoin api's and is based on bitcoin.

but, like i have already said, i think they can both win and both find a place for themselves.

Exactly what is wrong with the tech that DRK uses? It's working, when you anonymize with 8 rounds you are safe.
You're also trying to say that there will never be some better technology than the one that Monero uses; thus it's possible for Monero to succeed but not DRK.
Also without the GUI there is no adoption.

Darkcoin was a scam that ran its course

It's over now now and no where to go but down

Many other coins that are going up right now.

No need to beat a dead horse.

Move on guys, have you been in crypto for more than a few weeks?

Do you not know how this works. People also realized that this was not even close to the first anon coin, then theres the 2 mill, ok Im done here

Can you stop with the FUD spreading? This isn't helping anyone.
People should start cooperating and make something out of all of this.
How about you try proving that it is a scam instead of spamming nonsense? The anonymity was delivered and it works.

I think a second pump to match the last one is going to be much more difficult.

What drove the first pump was the excitement of Darksend, masternodes etc.

Since then we've had a wave of anon coins hit the scene, like XC with it's xnodes.

as with xmr and drk, anon is difficult to get right.

anything that goes to market with a winning solution in a matter of weeks is a 'too good to be true' coin.

I think the reason for something go up or down in the market is adoption, people has to use it, meaning that once should be able to buy stuff with the money, in this case darkcoin. If people has to trade it for bitcoin in order to spend their coins, then there is no reason to have darkcoin, just to mine it, but that will not last longer.

Yes it will be the only one again. My masternodes operate so well;  Darkcoin has the most inventive feature ever!

I think the issue is that there can only be one real winner in the anon fight.  There are a few on Dark's heels ... look at their trajectory and DRK's and you'll have your answer.

Dying horse,move on

It is XC time. XC will rise.

No.  Of course not.

Darkcoin won't rise again.  Air is out,  investors long gone,  competition raving.  $5 upper limit,  mark the holy demon's words.

§HMWD§

Shortly it be out of top 10, quality MaidSafeCoin is the only one standing in its way. Then it will be a lengthy battle with Monero once thats lost its a mad scramble out the exit door, the scam has run its course.
https://i.imgur.com/TkSAaPh.png
All the rave now is "shares".

Darkcoin has a good chance to be top 3 crypto. Just buy and hold.

I think there is life in Dark yet. RC4 delivered working anon at reasonable fees. Next on the list is built in IP obfustication and then opensource followed by darkTor (to be renamed).

Also being bitcoin based it can plug into existing bitcoin infrastructure which cyptonote coins can't so it's ready for adoption.

The masternode network is a platform to build services on that reward the masternode operators for hosting.

So it comes down to what services people dream up for the platform. And adoption of said services.
Once it reaches this level a lot more developers can take part and you have an infrastructure/platform as well as a currency within that.

That's pretty exciting.

Check out the article here http://www.cryptobang.com/2014/08/27/investigation-of-darkcoin/

And then you realize that Bitcoin is an "Altcoin"

: |

Darkcoin is one of the best last time. It is wirth to keep it .

Whats up with the volume, is the coin dying?
 Halcyon (https://bitcointalk.org/index.php?topic=741728.0) has got more volume these days.

https://i.imgur.com/ne5E00S.png

Well not necessarily, 2 or 3 coins can succeed. It's obvious that there will be 1 that will always be first. It's like Bitcoin, it is the winner among coins by a large margin!
The dark market is very huge so there is room for something like that.
We will see what happens near the end of the year.

You are right; Darkcoin is only the most successful alternate 2014 scam: This thread summary well what developers and others have done: https://bitcointalk.org/index.php?topic=754521.0  and this article: http://www.cryptobang.com/2014/08/27/investigation-of-darkcoin/ There are too many issues with this coin to be only a 'novice' developer mistake; All the issues were set on purpose, and added from a fork of the proper, non faulty and well designed 'litecoin' source code.

These pump and dump, and other better structured scam coins, only kill the trust of investors and miners; We may just hope that the trust will be back one day. But anyway the trust will never come back if these scam coins are still around.  'Ejecting' these bad coins is a goal by itself for the sake of alternates.

No. This is wrong. Darksend is not "only a CoinJoin" implementation. It's not like he copied it and put it there.
It's Evans personal CoinJoin implementation. What does this mean exactly? If I modify my OS (win7) you can't oh it's only Windows 7. The anonymity works now, so that point is also wrong.
Moving on in the article it keeps getting worse. Some of these points are not even really related to Darkcoin nor the developer.
Blockchain forks are bad? Unexpected price drops?  ::)

I was there the week when the coin was launched, I've checked the code. And that's right, some strange 'bugs' are there. This is quite bizarre for a 2014 coin stated as an innovative one; If you are looking for a 'trusty' 2014 coin; this is definitely not the right one.The facts given in the other thread can be checked, the instamine issue is there and can't be denied. And these issues have consequences. Can we really trust a faulty coin?

8 months on? Yes you can trust it.

Because any "scam" would have been actualised by now. Whereas the devs are hard at work every day. Which they wouldn't need to be if it were a scam.

That cryptobang article is written by a pay per article troll.

http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F (http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F)

Exactly how is this relevant information now?
You do realize that Bitcoin had a huge bug in the past as well. This is normal for software.
8 months have passed, the bugs have been fixed. What's your point exactly?

Do have an idea why most alternates have decreased in value? A lot of investors have lost a lot of money with these 2014 coins. And even the fair and good coins are impacted.

Do you really think that good and honest information is available on the official Darkcoin thread? There are a lot of hype messages without any real value. I'm not a detractor, but when you look closely at what happened at the beginning, the source code, I have not followed the following stage.And what happens now; I recognized that using the word 'scam' like a post before is fair with darkcoin.


Anyway 'darkcoin' doesn't have what bitcoin, and litecoin have, trusty and honest developers who have a higher goal than filling their pockets with hype marketing and software 'tricks'.

Can you really prove that there is no instamine, no strange bugs, and that the cryptocurrency concepts like POW is well implemented without strange pass-through...  Really?

Before investing in any coin some rules: Check everything by yourself; the trust comes later. In the darkcoin case a lot of money is at stake, a lot of people are really doing wishful thinking; But the reality is there.

Perhaps you should..

The launch was bad. The coin is good. Otherwise it wouldn't still be going after 8 months.


Actually litecoin and bitcoin don't have what darkcoin has: Fungibility. It's ecash.

*edit and no I don't think it's going to overtake bitcoin or similar madness. but it has it's place. It's certainly more useful than litecoin. Oh look Dark's rising again..

I think, they have done a good 'marketing' with this coin, but there are too many 'proofs'' and issues with Darkcoin to not handle it very carefully.

Miners and investors are the one that give a coin its value; Not all of them have the knowledge of how a cryptocurrency has to work. Anyway, they have here enough materials to dig a little further, and check by themselves if they can have trust or not.Always check by yourself, or take your chances and we will see...

This thread gives some insights - After reading all of this, do you consider Darkcoin as trustworthy or doubtful? Anyway the most doubtful coin can be a very interesting short term investment.

When we look at the alternates market now; we have a lot to loose, the prosperity of scams is just a death sentence to alternates.

All the alts go down with the BTC price.  What really gives a coin value beyond pure speculation, is utility.  If a coin can be used to actually buy goods and services, this gives it value.  I just noticed Zeus miner accepts payments in Dark now.  that's pretty cool.

Is all the dark coin source code fully available? Someone on a trollbox said they were releasing the source a few days ago, but I don't know if what he said was true.

2-3 weeks after rc5 testing is complete, (now in progress)

https://darkcointalk.org/threads/rc5-testing.2245/

Has a limited amount of source code been released? Blockjoe says he's checked the code.

darksend is closed, the rest of the code is the just bitcoin code.. blockjoe hasnt checked anything of importance.

This is relatively new, many used to go up when BTC went down. It all changed after the Karpeles pump (plus the addition of about 1000 alts).

I've noticed that Goldcoin seems to go up when LTC goes down, and down when LTC goes up.

But the volume is small, and the market is Bot-infested.

Oh look, all the predictions that DRK is dead are wrong.