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1581  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 09:08:18 PM
For those that paid good amount of money/time, my advice is to sell as soon as possible. It will go down very hard this week. trying to do that with huge loses again).
Boy what a strategy you have. Fear and scare ppl to dump their coin directly into your pocket. RC4 is right here...almost...officialy!!! And you say that! Didn't expect action like this after your person....hyh....
EDIT: BTC will not be anonimised...too big market to happen and all the countries will ban it before rather than let it become anonymised...and here enter drkcoin.

I'm not the bad guy, sorry. Hope the honest people that need the money in short term will not be in trouble with their finances.

The reputation of all people suggesting HOLD or even worst BUY BUY BUY could have a bad record in bitcointalk. I'm just recording my position, that's it.

You've done nothing wrong.  These people have no reason to attack you.
1582  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 09:07:16 PM
The first real eCash ever in the history of the modern world; just around the corner.

Love it. Love it. Love it.

You sold, when you should have hodl.

Ha ha.

The first real eCash ever in the history of the modern world would be Bitcoin since you can already actually use it to purchase things of value.  Like the laptop I am using right now that I bought on overstock.com.
1583  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 09:03:20 PM
For those that paid good amount of money/time, my advice is to sell as soon as possible. It will go down very hard this week. trying to do that with huge loses again).
Boy what a strategy you have. Fear and scare ppl to dump their coin directly into your pocket. RC4 is right here...almost...officialy!!! And you say that! Didn't expect action like this after your person....hyh....

It's not just them.  Many people have become disillusioned with Darkcoin.  Many don't think RC4 will do anything for the price.  In the end Darkcoin will still just be another altcoin claiming anonymity with no place to spend it.  Besides, the anonymity fad has pretty much run its course.  Most people don't need or require the level of anonymity Darkcoin claims.  All anonymous coins are going down.  The cryptonote coins have been taking a beating as well.  Lots of people getting out and holding bitcoin.  Many people just getting out of cryptocurrency altogether after getting burned by one of the many scams that are rampant.

1584  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 08:56:19 PM
...

Darkcoin suffers from a bad methodology to achieve anonymity and it's put everything into this one basket.

Sorry to hear you lost faith in the project. Also, sorry you're going to be getting out at a horrible time (right before I announce I have EVERYTHING figured out to make Darkcoin mainstream?).

Over the past couple of days, I've made huge leaps in the Darksend technology. In fact, RC4 will be the final solution to Darkcoin's anonymity. The client will automatically look at all of your funds and it will be able to tell which funds are not anonymized, if it finds non-anonymous outputs it will run them through a darksend with other clients. After that process, users can send without Darksend using the anonymous outputs for instant transactions without waiting for other nodes (with no upper limit on transaction sizes).

The other thing you're missing is that there is a reason I forked Bitcoin. Adoption for Darkcoin will be MUCH faster and easier for vendors, because all of the APIs are the same.

Expect more news in a few days. I have lots of work to do, but soon we can start testing all of this new functionality.

+101

So now we are a little closer to the start of this project. the coding work is but the end of the coding work.

Then we have the fun part. The spending can start. A working anonymity model, with mainstream applications, now that's what I'm talking about.

What are these mainstream applications?  Where will I be able to spend DRK.  What will I be able to purchase?

Thanks
1585  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 08:54:44 PM
You ask who is selling?

check this table/graph.

http://drk.poolhash.org/graph.html

x11ltc1btccom pool

is the presure and it hits no counter force (= friendly miners that mine to keep the coin because they believe in the value).

Obviously x11ltc1btccom sees dark as a good value to mine and sell else it wouldnt be on the coin (as I understand it they are profit oriented not really ltc political but who knows)

So while x11ltc1btc graps all the cheap coins on low diff the miners that like darkcoin stopped mineing eighter because thy own a MN and dont feel the need to anymore or because they see it no more worth becasue of the 20% or because they want a low price to buy more or for whatever reason they have. Friendly mining force is thin this days although it's worth to mine. My ones are running hot and the return is nice.

So it's a bit a self made problem. No friendly miners.. no value.





Do you think it has anything to do with the 20%.  You might just have something there.  The price was supposed to go up once masternodes started receiving payments.  Just goes to show that nothing is predictable with cryptocurrency.  
1586  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 08:46:20 PM
Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

How am I trolling with this topic regarding anonymous cryptocurrencies?

You didn't answer on the capital gains tax due to regulation of transparent coins but you are somehow "hurt" by having 20% interest through masternodes. So, yes, you are trolling.

I'm well aware of Capital Gains and am prepared to pay those taxes on any btc I convert to fiat.  Not because I want to but because I don't want to see the inside of a Prison cell for tax evasion.

But I don't understand what a 20% MN tax has to do with the topic that was being discussed.  

The topic related to actually using/exchanging anonymous cryptocurrencies at "fiat and retail gateways".   I specifically stated that this would apply to ALL anonymous cryptocurrencies.  This isn't a just a Darkcoin issue.  Please explain in further detail how I am trolling by having a rational discussion about possible future regulation that could have an impact on anonymous cryptocurrency transactions outside of P2P transfers.  
1587  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 08:19:41 PM
I seriously wish I could reach through the screen and fucking punch these cunts in the fucking face who are selling. STOP FUCKING SELLING YOU STUPID FUCKING CUNTS FUCK YOUR EXISTENCE. I hope you're taking a shit on an airplane and the negative pressure sucks your intestines out your asshole.

@shojayxt

Go stick your hands in a meat grinder so we are spared your incessant idiocy you fucking cumsponge.

It's apparent that many of you put all your eggs in one basket.  Unfortunately there isn't much you can do right now but either wait and hold or cut your losses and run.  Apparently many are choosing the latter option.

If it's any consolation, I didn't sell the 155 DRK I found in a wallet I forgot I had.  I'm in the wait and hold pattern right now like you.  So we do have at least one thing in common my friend.

1588  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 08:15:45 PM
Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

How am I trolling with this topic regarding anonymous cryptocurrencies?

I think you are confusing things.

The government isn't going to stop you from using Darkcoin.  But what will you do with it if you can't spend it anywhere because it does not meet some FinCen requirement that would allow the government to track the funds similar to the way they do when they get a court order to look at an individuals bank records?

This isn't a Darkcoin issue it's an anonymous cryptocurrency issue.

So there is no need for you to get all butt hurt over something that is quite real whether you want to believe it or not.
1589  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 08:07:54 PM
Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

If you re-read my post, please note where I said the "fiat and retail gateways" would be regulated.

All the examples you cite relate to these. In particular in the name of "limiting anonymity" - again I said they'd try to do that in my post..."unless a mechanism can be found to associate blockchain addresses with individuals"

For example, the article about French regulation cites bitcoin "distributors" - i.e. exchanges and the like.

Another example you cite is the impending imposition of capital gains tax on crypto. That is actually a regulation which applies to fiat - not crypto because your taxable income is measured in dollars  euros and you generally pay capital gains on realised gains.

There is also nothing in your examples about a distinction being made between opaque and transparent blockchains.


My apologies for missing the part you wrote regarding "fiat and retail gateways".

That is the regulation that I am referring to. I know that there is no way to regulate the cryptocurrency itself.  The point I am trying to make is that any cryptocurrency  will need more than just P2P transactions in order to stay relevant.  They will require merchants that accept them as a form of payment.  

I guess the point I am trying to make is that Bitcoin has a network of entities that are used for processing transactions that already comply with regulations already enacted.  Going forward it is highly likely that governments will want to enact even more regulations.  The issue with an anonymous cryptocurrency is that it prevents the government from following the transaction.  Put it this way.  Your personal banking records are private.  They are not in the public domain.  But if the government wants to track where your money came from they can obtain a court order and look at your records.  Even with Bitcoin they can track the flow on the blockchain from address to address.  With an anonymous coin that obscures that information that is not possible.  So even though they can't stop an anonymous coin they can make it so that "fiat and retail gateways" will be unable to accept it because of possible regulations requiring a way to track the history of the funds.  That is not too far fetched especially in western countries and predominately the United States using the Patriot Act to prevent transfer of fund to entities deemed to be enemies.

This doesn't just apply to Darkcoin but to all anonymous cryptocurrencies including Monero and all the other cryptonote coins.  It is something to think about and a reason for some caution when investing in something this new and volatile..      
1590  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 07:21:53 PM
Any anonymous coin is going to have a significant amount of difficulty not running into trouble with government regulations in many countries

This is one of the most persistently mistaken assumptions made regarding anonymous coins.

First of all, cryptocurrencies are not and never will be "regulated" since there are no counterparties involved in an individual's interaction with the blockchain an therefore no subject for that regulation. Rather, it is the fiat and retail gateways that form the subject of regulation. We do not "own" or "hold" cryptocurrency in any formal sense other than while we have funds on an exchange. Once off the exchange and on a blockchain, we cease to be owners or holders with any objectively identifiable meaning.

Secondly, regulatory authorities are not likely to make a distinction between one cryptocurrency and another for 3 reasons:

[1] - given the 'legal ownership' background described above, they will view the whole cryptocurrency economy as being anonymous and regulate the gateways as such unless a mechanism can be found to associate blockchain addresses with individuals

[2] - from a technical point of view, anonymity is too ambiguous a property to form a distinction between one cryptocurrency and another. Put another way, it isn't a permanently defining property of any 'coin'. Anonymity can be added at a fork or removed. It can be partial, optional etc.

[3] - once your funds are "inside" the crypto-economy ring fence, they are almost seamlessly interchangeable - through exchanges - in a network without national borders and potentially well beyond the reach of any regulation. Just this fact alone leaves regulatory bodies no option but to treat all cryptocurrencies as one, where if the technology allows an opaque blockchain in any one, they all must be regulated accordingly

So the idea that opaque blockchains will be treated any differently from transparent ones is bogus. There is no material difference when it comes to potential regulatory exposure.

On the other hand, there *is* a difference when it comes to end users because one supports financial privacy across all transactions and the other potentially doesn't. So the market will indeed make a distinction between opaque currencies and transparent ones which is why we can expect an ongoing favourable valuation in so called "anonymous" cryptos.
 




Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.


French Government Outlines New Regulations for Bitcoin Market Transparency

Transparency cited by regulators

The new regulations require bitcoin “distributors” to identify and verify their users to limit the level of anonymity.
http://www.coindesk.com/french-government-outlines-new-regulations-bitcoin-market-transparency/



Italian Authorities Issue Bitcoin Warnings, Urge Regulation

Bitcoin regulation urged

Speaking in an interview with Ansa.it, Attorney General of Rome, Luigi Ciampoli, warned that bitcoin could be abused by criminals engaged in money laundering, financing of terrorism, or mafia activities. He urged for regulation that would allow authorities to trace and identify all persons involved in digital currency transactions.

Reda told Italian daily La Repubblica that bitcoin’s volatility poses a risk for investors and that its anonymity allows Italian residents to hold and transfer wealth anonymously.
http://www.coindesk.com/italian-authorities-issue-new-bitcoin-warnings-urge-regulation/


Argentinian Money Regulator Mandates Reporting on Bitcoin Activity

The UIF document, which outlines amendments to previous regulations, cites the threat of money laundering and criminal financing.
http://www.coindesk.com/argentinian-money-regulator-mandates-reporting-bitcoin-activity/
1591  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 06:50:20 PM
There are ways to regulate "anonymous" cryptocurrencies. Getting adopted into the "mainstream" pop. won't be any harder because a coin is anonymous.

Simply Put: Anonymous currencies can still be regulated to prevent money laundering etc, by the exchanges used to trade them. When/If Bitcoin becames Huge and "mainstream", exchanges will be monitored by governments to stop money laundering. Now, some of you may ask, what's the point of using the crypto currency then?

The answer is, while the government may be able to monitor exchanges, it will be impossible to monitor transactions from person to person, so that's still private and cannot be spied upon. It's also impossible to monitor transactions In real life, like through a localbitcoins.com type thing. Also, along with the fact that cryptos arent controlled by a central entity etc etc etc. Which makes them 10x better to use than Fiat, like the EURO, or USD, etc.

Basically, some regulation is coming, but it's not going to be as bad as many of you think. The Need for Privacy is here and now.


Yes regulation is coming.  We'll have to wait and see how it is implemented and how it will effect anonymous cryptocurrencies.

I am of the opinion that the regulations will not be favorable and that the main uses of any anonymous cryptocurrency will be p2p transactions which can then be converted to FIAT through BTC.  But there will still be a use for an anonymous cryptocurrency.  

One must also think about how those regulations will effect someone operating a masternode.  It's too early say what will transpire but it's good to look at all the possibilities so that one is prepared for any potential fallout.
1592  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 06:28:24 PM
Thanks for answering my question.  So I am correct in my assertion that masternodes are collecting 20% during the testing phase.  That seems odd.  And it's going to continue for another couple weeks until RC4 is released?  Hmm,  makes perfect sense I guess if you're a masternode operator.  To anyone looking from the outside it looks much different.  Getting paid for something that isn't actually functional.  Okay.  

Well, the alternative was "Ok we're ready for RC4 - oh, we only have 20 Masternodes.  Uhh, ok now what...".  Removing the limit on Darksends without having the proper MN infrastructure in place wouldn't have worked.  Getting the proper infrastructure in place without a reward mechanism may not have been possible at all (by "proper" I mean something like 600-1000 MNs) without offering an incentive to MN operators.  Something like 12% of the coin supply is also out of circulation due to Masternodes, which helps bolster the price of the coins miners are getting.  It's a bit of a trade off, but I think it works out OK for everyone involved.  The coin is priced on speculation at this point anyway as the crowing feature (Darksend) is still closed source.  A HUGE part of that speculative valuation is due to the service that the Masternode network provides.

Thank you for answering my question.  I really appreciate it. 
1593  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 06:27:11 PM
Darkcoin falling and falling... When are we ever gonna see a rebounce? Is it still late july?

There may never be a rebound.   It doesn't matter if RC4 is completely successful and works flawlessly.  There are forces larger than Darkcoin that will have an effect on the growth, adoption, and use of any anonymous cryptocurrency.

One of the smartest things Bitcoin did was to avoid being labeled as an anonymous cryptocurrency.  Not being anonymous will be what allows bitcoin to be widely adopted and tolerated by governments across the world.

Any anonymous coin is going to have a significant amount of difficulty not running into trouble with government regulations in many countries.  In fact, the main feature of Anonymous coins, their anonymity, may very well be the feature that prevents them from being adopted and used as a payment method.  Sure you might be able to send P2P or use on some underground website.  But it's highly unlikely that any anonymous coin will ever be widely adopted for making legitimate transactions.  There are too many governments already imposing regulations on Bitcoin transactions and they consider Bitcoin to be anonymous.  Just imagine a truly anonymous coin where they are unable to follow the transaction in the blockchain.  Not many governments are going to allow that.  It's just a matter of time before various governments around the world get together and deal with this issue.  The outcome will likely not be in favor of anonymous cryptocurrencies.

There has been a significant amount of recent government actions in various countries to impose regulations requiring identities of individuals making transactions using digital currencies.  Some of these regulations pretty much shut the door on any legal anonymous cryptocurrency transactions in these countries.  One could still of course use them underground.  Which is likely the only place they will ever be used.  So going forward, Bitcoin will remain the cryptocurrency of choice for merchants and the majority of cryptocurrency users.  Any coin that challenges Bitcoin will not do it because of an anonymity feature.  It will do it with faster transaction and confirm times.   No anonymous coin will ever challenge bitcoin because the anonymity feature will prevent it from being used legitimately in many countries.

Darkcoin may very well be the best anonymous cryptocurrency solution out there.  But that doesn't mean that you'll ever be able to use it for anything other than nefarious activities.


There is lots of information out there and I am not the only one reading it.  Could be one reason for the decline in Darkcoin.   People are realizing that anonymous cryptocurrencies may run afoul with government regulations.   Another reason may be that anonymous cryptocurrency is nothing more than a fad that has run it's course.  I think it's a combination of both.  Either way, don't expect the price to rebound anytime soon.  Remember, there were shills saying that the price would go up once masternode payments kicked in.  Well masternode payments have kicked in and the price has not gone up.  I wonder how the miners feel having 20% taken away from them while at the same time the price is going down.  But hey, some guy made 29 Darkcoin in one day running his masternodes.  So I guess Darkcoin doesn't need to go up in price for some to keep making profit.    


Here are some recent articles discussing regulations that are designed to prevent anonymous transactions using cryptocurrency.

French Government Outlines New Regulations for Bitcoin Market Transparency

Transparency cited by regulators

The new regulations require bitcoin “distributors” to identify and verify their users to limit the level of anonymity.
http://www.coindesk.com/french-government-outlines-new-regulations-bitcoin-market-transparency/



Italian Authorities Issue Bitcoin Warnings, Urge Regulation

Bitcoin regulation urged

Speaking in an interview with Ansa.it, Attorney General of Rome, Luigi Ciampoli, warned that bitcoin could be abused by criminals engaged in money laundering, financing of terrorism, or mafia activities. He urged for regulation that would allow authorities to trace and identify all persons involved in digital currency transactions.

Reda told Italian daily La Repubblica that bitcoin’s volatility poses a risk for investors and that its anonymity allows Italian residents to hold and transfer wealth anonymously.
http://www.coindesk.com/italian-authorities-issue-new-bitcoin-warnings-urge-regulation/


Argentinian Money Regulator Mandates Reporting on Bitcoin Activity

The UIF document, which outlines amendments to previous regulations, cites the threat of money laundering and criminal financing.
http://www.coindesk.com/argentinian-money-regulator-mandates-reporting-bitcoin-activity/

1594  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 05:36:33 PM
Something is wrong today, already earned 29 DRK today with masternodes!
https://darkcointalk.org/threads/1425/

I'm thinking of doing another joint MN, this one with 10 joint owners, 100DRK each, to let smaller holders benefit too. If anyone is interested PM me, I'll start another thread on bitcointalk for it and we can coordinate there... because checking poolhash once or twice a day and seeing your MN get paid feels pretty sweet, more people should have the opportunity!

Why don't you use darkcointalk?
Words which must people have already ignored.

To ensure that there were enough functional Masternodes in operation going into lifting the Darksend limit.  Before payments went live we were under 200 Masternodes (fewer perhaps? I don't remember).  Immediately after payments went live it shot up to 300, then 400, 500 and last I looked we were over 600.

The more functional Masternodes, the more secure Darksend transactions are.  Paying them first is a way to incentivise their creation so the network is robust enough to handle what comes next.

What are you new here? Your quoting the trolls.

No they are not new here.  They were just answering a legitimate question.  Why do you have an issue with that?  What FUD was I spreading?

Did you see what you just did?  You disrespected another Darkcoin supporter just because they answered a question.

Lame
1595  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 05:33:45 PM
Something is wrong today, already earned 29 DRK today with masternodes!
https://darkcointalk.org/threads/1425/

I'm thinking of doing another joint MN, this one with 10 joint owners, 100DRK each, to let smaller holders benefit too. If anyone is interested PM me, I'll start another thread on bitcointalk for it and we can coordinate there... because checking poolhash once or twice a day and seeing your MN get paid feels pretty sweet, more people should have the opportunity!

Why don't you use darkcointalk?

So lets get this straight.  You made 29 darkcoin for operating masternodes that are required for darksend.  Yet nobody is actually using darksend for anything at this point.

What did your masternodes do to earn that 20%.  


According to this document which is the most recent available http://www.darkcoin.io/downloads/DarkSendDocumentation.pdf darksend is currently limited to a transaction size of 10 DRK.  Has that limit been lifted?  If so it would be a good idea for the dev team to make that information available.  If not then just what are masternodes doing at this point in time to earn 20%

This is a simple question and not fud.  

Can anyone answer it?  If I'm incorrect about the 10 DRK limit please provide a link to any updated documentation outlining the features of darksend and the masternode network.

If darksend isn't going to be fully functional allowing users to send real transactions anonymously until RC4 which is supposedly due out at the end of July, why would masternode operators already be collecting 20% when RC4 hasn't been released?

Thanks


To ensure that there were enough functional Masternodes in operation going into lifting the Darksend limit.  Before payments went live we were under 200 Masternodes (fewer perhaps? I don't remember).  Immediately after payments went live it shot up to 300, then 400, 500 and last I looked we were over 600.

The more functional Masternodes, the more secure Darksend transactions are.  Paying them first is a way to incentivise their creation so the network is robust enough to handle what comes next.

Thanks
1596  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 05:28:19 PM
Something is wrong today, already earned 29 DRK today with masternodes!
https://darkcointalk.org/threads/1425/

I'm thinking of doing another joint MN, this one with 10 joint owners, 100DRK each, to let smaller holders benefit too. If anyone is interested PM me, I'll start another thread on bitcointalk for it and we can coordinate there... because checking poolhash once or twice a day and seeing your MN get paid feels pretty sweet, more people should have the opportunity!

Why don't you use darkcointalk?

So lets get this straight.  You made 29 darkcoin for operating masternodes that are required for darksend.  Yet nobody is actually using darksend for anything at this point.

What did your masternodes do to earn that 20%.  


According to this document which is the most recent available http://www.darkcoin.io/downloads/DarkSendDocumentation.pdf darksend is currently limited to a transaction size of 10 DRK.  Has that limit been lifted?  If so it would be a good idea for the dev team to make that information available.  If not then just what are masternodes doing at this point in time to earn 20%

This is a simple question and not fud.  

Can anyone answer it?  If I'm incorrect about the 10 DRK limit please provide a link to any updated documentation outlining the features of darksend and the masternode network.

If darksend isn't going to be fully functional allowing users to send real transactions anonymously until RC4 which is supposedly due out at the end of July, why would masternode operators already be collecting 20% when RC4 hasn't been released?

Thanks


People are using Darksend with <=10 DRK ...?  Did you really not know that?

If you read my post you would have noticed that I did mention the current 10 DRK limit when using darksend.  So basically people are just playing around with it and still testing.  

Thanks for answering my question.  So I am correct in my assertion that masternodes are collecting 20% during the testing phase.  That seems odd.  And it's going to continue for another couple weeks until RC4 is released?  Hmm,  makes perfect sense I guess if you're a masternode operator.  To anyone looking from the outside it looks much different.  Getting paid for something that isn't actually functional.  Okay.  

  

 

1597  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 14, 2014, 04:47:09 PM
Something is wrong today, already earned 29 DRK today with masternodes!
https://darkcointalk.org/threads/1425/

I'm thinking of doing another joint MN, this one with 10 joint owners, 100DRK each, to let smaller holders benefit too. If anyone is interested PM me, I'll start another thread on bitcointalk for it and we can coordinate there... because checking poolhash once or twice a day and seeing your MN get paid feels pretty sweet, more people should have the opportunity!

Why don't you use darkcointalk?

So lets get this straight.  You made 29 darkcoin for operating masternodes that are required for darksend.  Yet nobody is actually using darksend for anything at this point.

What did your masternodes do to earn that 20%.  


According to this document which is the most recent available http://www.darkcoin.io/downloads/DarkSendDocumentation.pdf darksend is currently limited to a transaction size of 10 DRK.  Has that limit been lifted?  If so it would be a good idea for the dev team to make that information available.  If not then just what are masternodes doing at this point in time to earn 20%

This is a simple question and not fud.  

Can anyone answer it?  If I'm incorrect about the 10 DRK limit please provide a link to any updated documentation outlining the features of darksend and the masternode network.

If darksend isn't going to be fully functional allowing users to send real transactions anonymously until RC4 which is supposedly due out at the end of July, why would masternode operators already be collecting 20% when RC4 hasn't been released?

Thanks
1598  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 13, 2014, 06:30:58 PM
Okay guys I'm all caught up on replies.  Gotta run but I'll be back later.

See you soon  Smiley
1599  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 13, 2014, 06:25:35 PM
I don't need to convince anyone that I have a life.

It seems you do actually.

After watching the progress and the lack of any coherent methodology I lost faith in the coin

b.s.

"Loosing faith" in a coin isn't the same thing as making incessant, antagonistic, baseless posts day after day just because everyone didn't agree with you.

I'd be surprised if you'd recognise a "coherent methodology" if it smacked you right in the face, much less be capable of making any authoritative judgement about one.

The truth is that you and slapper are no more than a pair of butthurt whiners that haven't really got a clue what you believe in unless it's making you shedloads of cash. Sure DRK might last and might not, it might go down and it not, the merits of its various technical approaches remain to be seen. But the sh*t you've been posting on here has nothing to do with any of that despite your attempts to convince anyone of such.

There's been some informed and well made arguments both for and against the strategies being deployed by this coin, but none by you. So quit trying to pass yourself off as anything other than a background grumble because that's as much substance as is left in any of your arguments and nobody buys it anymore.


Your tone make me think that we are no longer friends.  Is that true?
1600  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 13, 2014, 06:24:18 PM
Finally after a week got my next vote Wink
07/13 17:30:03   101417 [1][2][3]   x11ltc1btccom01   tx_0_vout_1   -   XvXiNRmK8BnEStWAmTBqEjKiTU89mspFhL
07/06 09:06:02   97385 [1][2][3]   x11ltc1btccom03   tx_0_vout_1   -   XvXiNRmK8BnEStWAmTBqEjKiTU89mspFhL
07/05 18:45:22   97051 [1][2][3]   pool_unknown_139   tx_0_vout_1   -   XvXiNRmK8BnEStWAmTBqEjKiTU89mspFhL
06/30 19:10:55   94320 [1][2][3]   pool_unknown_108   tx_0_vout_1   -   XvXiNRmK8BnEStWAmTBqEjKiTU89mspFhL
06/29 19:29:58   93776 [1][2][3]   pool_unknown_116   tx_0_vout_1   -   XvXiNRmK8BnEStWAmTBqEjKiTU89mspFhL
chinese Tongue So 5 * 100% not paid Grin looking forward RC4...who is so lucky as I am? Cheesy
Thieving bastards... RC4 can't come fast enough. I'm glad most miners aren't dumbass welfare jockeys... But there are still far too many who are...

I got almost 20 entries like that for my MN  Grin. Should I hire a professional DDoSer to DDoS them to dieGrin

Talk of illegal activity and death.

This is the true mindset behind Darkcoin and the reason it will never be adopted as a payment method anywhere but on illicit websites trading in drugs and such.
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