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Wait till all the masternodes start getting attacked/hacked and the governments start going against anon cryptos.
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They can attack/hack darksend nodes. Or they can pass legislation against anon crypto and go after and make examples of people participating in Darkcoin either founders or masternode operators. Once they make a few examples very few people will dare to participate in Darkcoin. Once the governments get involved things will change very quickly. Right now people are having all kinds of pie in the sky ideas about Darkcoin because there is a lot of euphoria around the price rising and all that, but I think the governments will move quickly and make any kind of blockchain obfuscation illegal. It is only a matter of time. Either that or anyone running a masternode or participating in any anon crypto will be branded an enemy of the state. I really hope I am wrong, but I have a nagging feeling that is the way things are going to turn out. I think Darkcoin is great for anonymity stuff, but wider acceptance by public and businesses will never happen unfortunately.
We already have a wine shop accepting it. With proper marketing and brand positioning, mass adoption ala Bitcoin is not an insurmountable obstacle. and what they can do then? stopping all pc in the world LMAO cryptocoin are unstoppable |
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The CIA using darksend? Possible, but I am not too sure about that LOL! The reason those things haven't been attacked so vigorously is because there is a lot of grey area in regards to file sharing. Money is different!! And ever single government on the planet has a lot to loose. File sharing or piracy is nothing compared to the power digital currencies have.
Which is exactly why Darkcoin will suffer no real damage from government - they are the biggest crooks out there and Darkcoin is useful to them. There will be some media blather about terrorists and paeodophiles, meanwhile the CIA will be DarkSending millions left and right, and any politician who interferes with that is going to get a very unpleasant visit.  |
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The reason those things haven't been attacked so vigorously is because there is a lot of grey area in regards to file sharing. Money is different!! And every single government on the planet has a lot to loose. File sharing or piracy is nothing compared to the power digital currencies have. Once the governments get involved things will change very quickly. Right now people are having all kinds of pie in the sky ideas about Darkcoin because there is a lot of euphoria around the price rising and all that, but I think the governments will move quickly and make any kind of blockchain obfuscation illegal. It is only a matter of time. Either that or anyone running a masternode or participating in any anon crypto will be branded an enemy of the state. I really hope I am wrong, but I have a nagging feeling that is the way things are going to turn out. I think Darkcoin is great for anonymity stuff, but wider acceptance by public and businesses will never happen unfortunately.
We already have a wine shop accepting it. With proper marketing and brand positioning, mass adoption ala Bitcoin is not an insurmountable obstacle. Downloading movies, tv shows, video games etc. etc. with bittorrent is illegal. I'd estimate that over 20% of internet activity is "Illegal". The only thing that can really stop illegal activity on the internet is the dystopian fear porn I mentioned the other day: NSA control chips in all consumer connectivity devices such as home broadband routers. |
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Once the governments get involved things will change very quickly. Right now people are having all kinds of pie in the sky ideas about Darkcoin because there is a lot of euphoria around the price rising and all that, but I think the governments will move quickly and make any kind of blockchain obfuscation illegal. It is only a matter of time. Either that or anyone running a masternode or participating in any anon crypto will be branded an enemy of the state. I really hope I am wrong, but I have a nagging feeling that is the way things are going to turn out. I think Darkcoin is great for anonymity stuff, but wider acceptance by public and businesses will never happen unfortunately.
We already have a wine shop accepting it. With proper marketing and brand positioning, mass adoption ala Bitcoin is not an insurmountable obstacle. |
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I think Darkcoin is great for anonymity stuff, but wider acceptance by public and businesses will never happen unfortunately.
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Just read it. Gave it a few likes here and there! |
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There was a lot of technical challenges with Gridcoin and now things are finally starting to fall into place. Hey GRC is awesome but I wonder why it hasn't gained much popularity. Anyone have any insight?
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From what I understand the GRC wallet now works on both Linux and Mac natively. So that should make GRC much more accessible. Is the only difference between curecoin and gridcoin that one is FAH (stanford) and the other is BOINC (berkeley)?
Right now they are similiar however curecoin has 2 methods of mining at once sha256 and the folding miners. With curecoin those giving the network security do not benefit folding projects. They are also less likely to continue supporting the network once mining becomes less profitable. You can't feel as good just giving network security as say finding a cure for cancer. Those miners will drop off as soon as there's no money to be made causing a less secure network and higher likelihood of a fork. I feel that gridcoin has an advantage because of this. Also the new wallet looks amazing. Next gen stuff. More advanced than nearly any other coin. What gridcoin really needs is an effective marketing program. Currently curecoin is winning in that department. I truly hope both of them become the most successful coins. It perplexes me how so many seem so interested in all the shitcoins than the ones that truly make a difference. Thanks for your compliments. I couldn't have said it better. Rest assured we have a deep grassroots effort to fix the marketing problem in a couple of months. Ive been receiving 10 emails a day with ideas and about 1 a day from volunteers who actually want to help promote Gridcoin. The issue is, we really want the whole coin to work cross platform properly (ie the cpu mining release is much more than that, its not only a redesign but its functionality is totally cross platform). We want all these features to work on every platform first, then we can go full bore with marketing. Rob |
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I think the fact that the folded coins are distributed from a central authority makes investors very uneasy about investing in Curecoin. There is quite simply too much in the hands of a few people. I will still support Curecoin with 1 of my rigs because I like contributing to science, but from an investor stand point there is too much risk! clever
just not clear on why people would hold curecoin
for the previously purely altruistic protein folders, there is only incentive to sell
buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)
please explain why this won't be worth 2 satoshis in a month
Not sure i follow your reasoning. why would people hold any coin? imagine curecoin is just another coin.... even if it were i see no less reason to hold it than any of the others. altruistic folders? if they were purely altruistic would they be folding for cure coin? why not just fold and not bother collecting the coins? buying curecoin DOES support protein folding of course, creates buying pressure, pushes up prices, returns more funds to pay for electricity and folding? This coin is a great idea. However, a big mistake to give the ipo out all at one time at the start, these will sell suppressing price and therefore putting off non altruistic folders for quite a while. Look at the tiny buys and 500k coins just got released. People who thought it was a good idea to give 10k for 1 btc at the start were crazy Also virtually zero marketing so far. The 80% or whatever huge premine is not really being taken seriously either, that is probably making some nervous of getting in. I mean the holding address was published on some page in the thread but really no effort to look legit has been made on the OP. Anyone reading it will probably consider it could be dumped out at any time in the future. No information about the company set up on the OP. Basically you come to the thread notice the coins are all premined and given out on the pool but after all the scams on this board there is not enough accountability here to give total confidence. Get burned by a few scams and you will be sure to give cast iron proof on the OP to convince people the premine is more than safe. Who even holds it, what happens if they get hit by a bus? dump and run? I have a few rigs folding, but not buying any yet until the entire set up seems a lot more legit. Folding is at least doing some good if it turns out bad. Should be the biggest coin on the board by far, but i see new shit clones that provide nothing getting way more attention. Something is holding people off of this. |
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When does the POS start on Curecoin?
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I was trading BC during the few days where it was going crazy and I can tell you it is the same shit happenin here. Same walls being put on an taken away. When a wall gets eaten, who do you think is eating that wall?? All the investors?? NO NO NO
It is a bunch of guys operating several different acc on the exchanges buying and selling to themselves to make it appear like there is crazy demand.
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I can tell you those masternodes are gonna be attacked big time, and not just from hackers. This is gonna be WAR! Recent volume of this coin looks great. There are also other coins that have potential. Darkcoin biggest problem is probably its name, since at point when it will get big people might consider it evil in some way.
Here is a tip...Darkcoin is doomed. Let me tell you the trick to this game, which I have to master. Get in, get out, repeat. How do I know DRK is doomed? That I cannot state publicly but you can use your own brain to figure out why. Spreading FUD from a puppet account are we? People are buying up DRK (1000 each) to set up masternodes, not to get in and out. |
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Gridcoin has custom Boinc projects available and soon paid computing projects like 3D rendering/Stock option analysis etc.. So there is quite a bit of difference between Gridcoin and Curecoin and they way they function. I mine both coins because I think both of them serve an important purpose!
The new POB(Proof of Boinc) that is being finished up right now will actually make the Boinc calculations part of the blockchain.
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Gridcoin allows GPU as well, plus now there are custom Boinc projects available and soon paid computing projects like 3D rendering/Stock option analysis etc.. So there is quite a bit of difference between Gridcoin and Curecoin and they way they function. I mine both coins because I think both of them serve an important purpose! The new POB(Proof of Boinc) that is being finished up right now will actually make the Boinc calculations part of the blockchain. Can somebody explain to what the exact differences are between curecoin and gridcoin? Aside from gridcoin contributing to BOINC and curecoin to FAH? Also, somebody said that curecoin is a registered business in the us. Is that true? What are the implications of that if it is?
Curecoin is a registered organization in the U.S. The implications of this are that if the founders/developers try to pull a quick one or scam someone they can be sued & tried in the US - a country with a great law system and ability to find people. The exact differences between curecoin and gridcoin is first gridcoin had a lot more difficulties with the mining process. Secondly, gridcoin only allowed you to use cpus, while curecoin allows both gpus and cpus with the added advantage of Asics to secure the network. There was a nice post by cygnus about curecoin being registered in the US - I'll try and hunt it up for you. Edit: Found it, its on page 20 a little from the top. |
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If DRK ever starts to get used on Drug markets and the like, things will get ugly real fast me thinks. Every single server running a "masternode" will be hunted down and anyone who had anything to do with the creation of Darkcoin. Anyone who thinks the authorities will stay silent is kidding themselves. These idiot politicians made online gambling illegal, you think they will allow an anon crypto to flourish? They will declare a WAR on anon crypto the same way they declared a WAR on drugs. I hope I am proven wrong on all this, but somehow the cynic in me thinks otherwise. The four most expensive words in the English language are "this time it’s different."
How about "This time it's exactly the same as BTCs and LTCs first real notice." Precisely. Best to study old LTC charts. Funny thing is, I was posting about how high it could go this morning. Obviously Darkcoin is only to be used for legal purchases. (Disclaimer) Anyway, as it is relevant I will repost what I was sharing with a private group I run. Clearly this is speculation and not investment advice. I have been mining and recommending DRK since the start, at least that people should do the research on it and make their own calls. I do not sell it, I gather more, that is something I have been very happy with however. (repost from my group) How high can Darkcoin go? It is really about the marketplace creating demand over time, beyond just speculation. The marketplace is not Amazon or even Overstock, it is the Darknet and we all know it. (or should) Countless millions are spent on the Darknet all the time, nobody knows exactly how much, but it is vast. The crypto most used is Bitcoin which is not anonymous, and even with Dark Wallet it isn't as good at it as Darkcoin is. If people are buying something harmless and legal, this should be fine. If they are buying Marijuana (or other things) which are still illegal in most locations, they might really want to stay as anonymous as possible. Dark Markets appear to be in progress that will accept Darkcoin. Of course they also will accept Bitcoin. So once those are operational it will be very interesting to see what people decide to use. The riskier crypto, or the more private one? Given the choice for consumers between a much faster more anonymous currency, or a slower easier to trace crypto like BTC, under extreme scrutiny, I think Darkcoin has a good shot. So, how high can Darkcoin go if it actually wins market share? Nobody can be sure, but assuming it gains the market cap of Litecoin, eventually, around $70 a coin. Assuming it starts approaching Bitcoin or "takes over" as the preferred Darknet Crypto, DRK could be worth hundreds a coin! Without the Marketplace and real world adoption this is all just pure speculation however. So take it at only that. What we know for certain is the tech is sound and built from the ground up with proven technologies that are extremely reliable. The dev team is also one of the best. Most traders I know, that know cryptos, consider DRK one of the only Alts worth investing in. What about Zerocash, will it be the preferred Darknet Crypto? Various alts? Hard to say, but they won't be the first. As they are experimental it will be some time before they are able to try to challenge Darkcoin (or Bitcoin). Assuming the markets are taking DRK in the future and people are satisfied, newer anon Alts may just like regular Alts today trying to take on Bitcoin. Perhaps with the key difference being something akin to Satoshi never quitting on Bitcoin, and gathering a team of the best to keep working on it full time, improving Bitcoin constantly to keep ahead. |
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There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!
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I think you might wanna SELL!!  |
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I like curecoin too, but if you think about it, I can start a new coin with a massive premine and start a folding team, and just distribute coins based on how much everyone in the team donates. So it is great for science, but in terms of technological advancement it offers very little. The idea is very easy to duplicate. The other thing is that, "Curecoin" is a registered business in the USA, which mean the gov can shut this thing down anytime they want for any reason they want. Bitcoin and other cryptos can't just be shut down so easily. I have one of my rigs on Curecoin right now to test it, and so far it seems to work great and I am getting some nice results, but as I said before, it does not bring anything technologically innovative. I have learn something about Curecoin. DEV mention that: The folders get 76% of the total coins (80% of the coins distributed per day). SHA256 miners get 19% of the total coins (20% of the coins distributed per day). 2% of the total funds are distributed to people who donated to project development. The other 3% is dedicated to Curecoin developers, and will be used for paying for development costs. Floding@home can get 7488 coins a day. In order to get your coins ,you should register in the Folding pool. And the more points you get in per day ,the more coins you can get a day. DEV rise a example,see : Currently, the folding pool pays out a certain amount of Curecoins per day, right now 7488 coins. The PPD represents the points that you earned in the last 24 hours, and is used in calculating the distribution. Say, for example, that all Curecoin folders combined folded 10,000,000 Points yesterday, and you folded 100,000. You would get 1% of that day's payout, which would account for 74.88 CUR. https://bitcointalk.org/index.php?topic=603757.msg6660613#msg6660613The problem is GPUs do much better than CPUs,one R9 280X can get about 10000PPD,i5 3470 only get 1000PPD. So,I think Curecoin will be a game of GPUs,not CPUs. |
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More details would be great! I did not know Curecoin had a POS!! Where did this come from?
It was mentioned in the initial announcement post in this thread, minus the actual details. Which is why i was asking about it last night on IRC  If one of the devs could update the announcement post with all of the details concerning the PoS aspect of the coin, that'd be great and would avoid a lil bit of confusion. |
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