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1501  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 25, 2014, 12:00:18 AM
How many darkcoin are minated?
Exist a darkcoin site like blockchain.info?
Thanks Smiley

https://drk.mn/masternodes.html

https://chainz.cryptoid.info/drk/

others would, for sure, provide you with more info but this is a good start.
1502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 23, 2014, 07:15:34 PM
2 pools = 48.63%
3 pools = 62.34&
5 pools = 74.95%
10 pools = 91.22%

Decentralised cryptocurrency right there.  Roll Eyes

PoW is a sitting duck.

How many darknet servers did the FBI take down a few weeks back? What if they realised it would be 100x cheaper to just subvert 3 Darkcoin pools and tank the currency so we couldn't use it at all? $12,000,000 marketcap destroyed overnight at the taxpayers expense.


While this is also my concern, Darkcoin is an alt-currency, and as such it is recognized by the I.R.S.: "In some environments, virtual currency operates like “real” currency -- i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance -- but it does not have legal tender status in any jurisdiction.

Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as “convertible” virtual currency. Bitcoin is one example of a convertible virtual currency. Bitcoin can be digitally traded between users and can be purchased for, or exchanged into, U.S. dollars, Euros, and other real or virtual currencies."

source: http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-Guidance

So, IMHO "they" are not yet ready to fully attack crypto-currencies; they only want us to pay taxes on the profit we make using it... even for mining: "Yes, when a taxpayer successfully “mines” virtual currency, the fair market value of the virtual currency as of the date of receipt is includible in gross income."

While I am aware the political situation in the States is that of total insanity, the FBI does not have a real reason to attack the currency per se, albeit it could, and for sure would, attack illegal use of it...

Still a valid issue - the vulnerability - that needs to be resolved.
1503  Economy / Gambling / Re: DirectBet – LIVE Sportsbook & Racebook. Rated # 1 by Bitcointalk Members ! on: November 19, 2014, 02:46:22 AM
Darkcoin.
1504  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 18, 2014, 06:12:30 PM

 I cannot find any logical explanation for bots. The mere acceptance of their use makes not trust that exchange at all. How on earth can any serious platform accept bot'ing?  Cry

No different than any other equity market with algo trading.

A small tweak needed. No different than any other rigged / criminal equity market with algo trading.  Wink

Flash Boys by Michael Lewis
1505  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 17, 2014, 08:17:40 PM
~80% of MNs owners are the holders and not gonna dump their earnings because they will setup more MNs.
If someone want to have MN to buy it will push the price on higer lows and this is the direction.
We will get higher support and we will get stable uptrend progress.

It is too early in the game but I keep thinking about Masternodes as a source of potential problem and a huge opportunity.

"PROBLEM": A model based on a fixed resource (the 22 Million Darkcoins) is probably wrong, deflationary, encouraging hoarding and unhealthy speculation, which can lead to liquidity crisis in the future. About  24.67% of all money (Darkcoins) is out of circulation already. Once the Masternode count is synced again I will keep monitoring that ratio (it has been increasing steadily, day by day, I mean, the % of DRKs out of circulation increases daily), but I can't see an asset of only 22,000,000 units (despite these unfortunately named "duffs" that go to 6th, 7th decimal) replacing the fiat. Ever.

"OPPORTUNITY": Being a n00b I can't get excited looking at the code so my imagination is limited by my frustration (over my severe limits) so I am unable to offer any intelligent solutions but I think masternodes must be used in various ways, and not only as mining tools, serving as our own Certificate of Deposits producing coins that are NOT spent in the economy and are, therefore, not contributing to the vivid, new economic paradigm.

Just my quite inarticulate 2 duffs  Wink



22M is whole coins... it's substantial more units when you go out to 8 decimal places. Sure, whole coins could be incredibly pricey, but that's no different than BTC being worth $385/coin or at one point $1200. What happens when BTC is worth $5-10k?

I am not sure.

Perhaps we would easily adopt to paying XY with 0.00000034 DRK instead with 27.50 USD or whatever, but much more important issue to me is how to utilize all these present and upcoming Masternodes for other purposes...
1506  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 17, 2014, 08:04:58 PM
~80% of MNs owners are the holders and not gonna dump their earnings because they will setup more MNs.
If someone want to have MN to buy it will push the price on higer lows and this is the direction.
We will get higher support and we will get stable uptrend progress.

It is too early in the game but I keep thinking about Masternodes as a source of potential problem and a huge opportunity.

"PROBLEM": A model based on a fixed resource (the 22 Million Darkcoins) is probably wrong, deflationary, encouraging hoarding and unhealthy speculation, which can lead to liquidity crisis in the future. About  24.67% of all money (Darkcoins) is out of circulation already. Once the Masternode count is synced again I will keep monitoring that ratio (it has been increasing steadily, day by day, I mean, the % of DRKs out of circulation increases daily), but I can't see an asset of only 22,000,000 units (despite these unfortunately named "duffs" that go to 6th, 7th decimal) replacing the fiat. Ever.

"OPPORTUNITY": Being a n00b I can't get excited looking at the code so my imagination is limited by my frustration. (over my severe limits) Ergo, I am unable to offer any intelligent solutions but I think masternodes must be used in various ways, and not only as mining tools, serving solely as our own Certificate of Deposits producing coins (I am aware they are crucial for the Darkcoins very life, but you know what I mean...) that are NOT spent in the economy and are, therefore, not contributing to the vivid, new economic paradigm.

Just my quite inarticulate 2 duffs  Wink

1507  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 15, 2014, 12:24:38 AM
Call to all Russians around!!

Can someone please confirm if VK.COM is big over there? We have been asked to include this in the website community page:
https://vk.com/DRK_RUS

The only Russian I speak/drink is vodka, so I'm a bit limited to know if this is important enough.

VK is the largest European social network with more than a 100 million active users.

Google Page Rank 9 out of 10 maximum (root domain), ranking normal sites can't achieve. I'd say it is big Smiley
1508  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 14, 2014, 08:54:01 PM
Let me see if I got this straight,

Hitler = funny
"whats better not named" = not funny

sheesh.

You make a valid point. The tricky issue is that Hitler's videos are fully and instantaneously recognizable as well known YT satire while that alteration was of a today's news, in the context of the most sensitive issue for the Darkcoin's future - its use for only nefarious purposes.

They will come after it, "they" being the Financial Crime Cartel's minions in politics that than presses law enforcement to bust some kid buying marijuana on Tor instead of going after real criminals and will use crypto currencies, Darkcoin being its brightest star regarding the privacy, as a new boogie man that needs to be destroyed in order to "protect" us all.

Suddenly, the privacy does not matter, our rights to live our lives free of oppression does not matter, suddenly a tool of freedom and new societal paradigm that Darkcoin might become is some dangerous mean for evil people. Mind you, the overlords destroyed Occupy Wall Street with such hatred and viciousness, that no one from the outside thought about, say, our collective right to free speech, our right to peacefully protest, our right to be free of unreasonable searches and seizures, nope, suddenly OWS became an enemy that needs to be squashed as a cockroach. And squashed it was.

There are so many underlying currents going on that sensitivity the community has shown is as understandable as your comment. And both are right.

But we are trying to create or at least to participate in its creation, a better future, away from the overlords totalitarian control, under the watchful eye of what could be described as an enemy. We, for sure, are "their" enemies because it us who want to take our freedom back, which means taking it away from them.

So, again, that's why all the sensitivity. Darkcoin is our collective blockchain's child and we care about it  Smiley
1509  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 14, 2014, 08:15:50 PM
lets just put an end to this and move on.. no need to repeat the name of whats better not named
and probly should not be named... for various good reasons.

Agreed. Not only because I do agree indeed, but also because I want as many posts as possible in between a current discussion and the "joke".

I am against all sort of censorship but this is the first time that I would, were I a moderator, think about removing these images. It amounts to a libelous action. But, no need to create a problem out of a poorly conceived "joke".

Onward.
1510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 14, 2014, 07:57:07 PM

Not funny at all. People do not necessarily click on a link to see / get the "joke". I'd also recommend all NOT to quote that image.
1511  Alternate cryptocurrencies / Altcoin Discussion / Re: 2014 Proof of Honor (POH) Awards - Nominate an Individual! on: November 14, 2014, 07:20:48 PM

Hands down, Evan Duffield. First altcoin with instant transactions is a no mean feat.

So I vote for Evan.
1512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 13, 2014, 05:12:56 AM
Tagged $450 on stamp.

This is crazy. I bought some BTC on 7th and 9th of November for an average of $358.55 so I could convert them into DRK (I also have to wait because I do not have instant enabled with Coinbase) but now had to purchase more, at $450.00 -- this is intoxicating, how insane these prices' movements are...

And with DRK again at 0.0059421 I hope to grub a nice chunk of them...

edit: at Bitfinex, $470.00  Smiley I guess margin calls are kicking in like crazy...
1513  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 12, 2014, 04:26:15 PM
BTC is rising -> DRK goes down because some people cash out to fiat
BTC is falling -> DRK goes down because people are panic selling and cash out to fiat

Crypto is nearly dead. only reason DRK did not die until now is because its a gamechanger in crypto,

This old man goes to sleep only to wake up to Yahoo Finance Message Board-like forum atmosphere. Price this or that, hints of "knowing" what would happen next, charts, bashing and cheering the coin given its price, so all I am looking forward are Bollinger Bands and Fibonacci Retracement Trading to die of Weltschmerz.

I mean, in both Bitcoin and now Darkcoin we have some of the most exciting developments since the invention of World Wide Web - IMHO Darkcoin being the first real alternative to the Financial Crime Cartel and its total dominance over the world. (did you take a look at the said world lately?) This thingy is so huge in its potential that it would have to be defended with our blood and bodies, if needed, once "they" start to attacking it in order to keep the status quo ("all for us, nothing for you") intact.

Darkcoin, being a toddler, needs all support it could get - we, its enthusiasts, need to spread the word, introduce it to new people (I've done my deed here, and am keep doing it), we need to knock the door of every retailer we know, trying to promote the idea of financial freedom, a concept UNHEARD OFF for majority of the world thus far. But, moreover, we need to help Evan & Co. work and keep creating a miracle. Is this an easy task, "creating a miracle," of a better, parallel world (economy, finances) from what we have now - a total oppression?

Do we realize how distorted our view of this development is?

We are privy, even more so, we have an enormous privilege to be in a virtual garage akin to these few lucky bastards that were with Jobs and Wozniak in the Job's garage, as they were designing the Apple I in the late 1970s, witnessing the birth of something huge. Were they bickering over the price of Apple I? Nope, they were working they freaking asses off.

And we? We can - NOW, even in the DEVELOPMENT STAGE of the Project - make $$ with Masternodes. We can invest and ALREADY profit from it, in this tender, new, infant phase. Do we even realize how enormous this is?
1514  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 12, 2014, 12:24:32 AM
My designs :-)

Nice. How did you manage to have your address graph be big enough? I still have time to change the back of my shirt Smiley
1515  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 12, 2014, 12:13:59 AM
If you get them interested enough that they will install wallets, post their addys and I'll send a few coins to get them started.

First comment from "my genius" after he has spent an hour or so looking over all that stuff:

"I find a blog that is useful:
http://www.righto.com/2014/02/bitcoin-mining-hard-way-algorithms.html
Note that finding a successful hash is an entirely arbitrary task that doesn't accomplish anything useful in itself. The only purpose of finding a small hash is to make mining difficult, which is fundamental to Bitcoin security. It seems to me that the effort put into Bitcoin mining has gone off the rails recently.

 
Further note that the result of all of this work is a 256 bit number. DUH. There are ton of ways to create an essentially random (and scarce) 256 bit number. Scarcity is really the main property here. I do not believe in my mind of minds (heart of hearts) that scarcity is that hard either. All of this makes me think that the core mining thing in Bitcoin is just wrong.
 
But I suspect that mining bitcoins is a dying industry, which may well have been Satoshi ́s intention. Get a finite stock of Bitcoins out there then go ahead with scarcity established.
 
All of this rant because I woke in the night with an alternative to mining. Let the coins be kicked out of routers ( the things that tell packets that make up the lower levels of the data transmission under the Internet where to go) as a by product of doing useful work. So every router on the Internet becomes a source of coins. essentially his would ba commodity based currency with the commodity being packets. <or something like that. The amount of currency would scale with the number of packets flowing. This is appropriate scarcity, not the arbitrary scarcity of the bitcoin or gold.
 
I do not know if this makes sense or not, but it might. Needless to say,, as you have heard me speculate before, I prefer commodity based currencies (cryto anonymous currencies but commodity based.) Packets are the beans and rice of modern communications systems.
 
I do like and appreciate what Darkcoin is doing in the layers they are building on the Bitcoin though and will dig deeper."


While I have no clue what is he talking about, I will let you know what he has to offer, if anything, after he has, well, dug deeper Smiley
1516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 11, 2014, 11:42:38 PM
Along the same lines I would like to get a cycling jersey made with a Darkcoin logo.

I've just "created" and ordered two T-shirts with the logo"
http://www.customink.com/designs/drk2/jpx0-0014-n0wp/hotlink?pc=HL-76684&cm_mmc=hotlink-_-4-_-Body_txt-_-button1

Perhaps you could find your jersey with them http://www.customink.com/categories/athletics/44/styles
1517  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 11, 2014, 06:36:17 PM
Off topic-ish, sorry, but good for shits and giggles

http://www.telegraph.co.uk/technology/news/11220577/Man-embeds-computer-chips-in-hands-to-store-Bitcoin.html
1518  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 10, 2014, 04:41:03 PM
Masternode limit?

I seem to have missed that piece of info - is there a cap to the maximum number of the masternodes?

Coin supply divided by 1000 rounded down to the nearest whole number.

Hmm... this can't be good? What am I missing? Let's for the sake of argument, imagine that ALL coins are locked in masternodes. What's the application of the coins in the world? How to calculate the value if no coins are available for normal people?
1519  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 10, 2014, 04:35:54 PM
Masternode limit?

I seem to have missed that piece of info - is there a cap to the maximum number of the masternodes?
1520  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: November 09, 2014, 03:36:14 PM
There was a time when DRK had a marketcap of over $60,000,000.  This was prior to Darksend being open source and audited by a security expert, prior to the very recent successful masternode payment enforcement, prior to the new payout schedule for masternodes, and prior to what is likely to be a successful rollout of InstantX.  This was also prior to the hacking of very popular BTC mixers and other recent events that have caused people to begin to think about DRK as a payment method and the resulting publicity.

There was good cause for DRK to have a marketcap of $60,000,000 and there was good cause for it to drop back down.  The good cause for the drop is no longer an issue yet there are a host of new, positive fundamentals at play.  All of these new fundamentals are slowly being priced into the coin.  In my opinion, once they are properly priced into the coin, we will be at a new all time high.

Ditto every word.

While it is not too healthy for us to focus on a day-to-day price  Grin (but, we're only humans...) and I am here to stay for years to come, I am positive the said price will not go only to $17.00 (0.27 BTC that was ath thus far) but much, much higher. At certain point, when the critical mass of recognition and adoption has been reached, $100.00 or $1,000.00 or whatever arbitrary number you chose to represent DRK value will be normal.

These price levels will have looked comical than...
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