|
I've just had a look back through the thread and I can't find the block number when the DRK block reward will be reduced.
It should be any day now shouldn't it? Maybe 16th or 17th Jan?
|
|
|
|
For every sale, there's a buyer. Coin's are not being "dumped" in the sense of holders getting rid of them, they're being transferred. And I am one of these buying them left and right, sub $200.00 and will gladly keep doing so if BTC price continues to go down. Than, all of them into Darkcoins  )) Love a good deal when I see one But what happens if bitcoin hits 40$  At 200$ range you would be paying 5 times more $40 is definitely possible. I don't know my arse from my elbow when it comes to this kind of thing. This is why I don't day trade. |
|
|
|
|
I receive an average of 19DRK per masternode per month at the moment.
|
|
|
|
I think I might join in the BTC dumpfest if the 4-hour comes back up, but I'm not holding my breath.
A lot of BTC can be made at these levels because the percentage swings are now becoming huge with the low price. (Of course a lot can be lost as well with crap trading).
I'm an awful trader therefore I just don't do it. On a happier note one of my masternodes got a payment over 3DRK earlier. Nice! |
|
|
|
Are you arguing with yourself?
No? Suprised I've not been called a troll yet though (or placed on ignore) for dare questioning the almighty DRK! I simply do not understand why monitoring the DRK/BTC price makes any sense. To me it's the same as monitor the USD equivalents. They are all based around that at the end of the day I haven't noticed you question our super mighty perfect currency yet. OK, let me explain from my point of view. I sold 10k DRK in September. In order to do this I had to sell them for BTC and then sell the BTC for FIAT. This is because any existing DRK/USD markets are too low volume to provide value for money. In order to gauge the value of my DRK I monitor the best DRK/BTC price on the main exchanges and then calculate the FIAT value of my DRK based on the best BTC/GBP market that I can find. This gives me the most FIAT for my DRK. In order to do this, I cannot simply monitor DRK/USD or BTC/USD. DRK/BTC is key. |
|
|
|
I always monitor the DRK / BTC ratio and regard the DRK dollar price as irrelevant. This makes no sense to me at all. Surely the DRK/BTC price will keep the same ratio as the BTC/USD price in relation to the DRK/USD price. Meaning you wouldn't get BTC/USD and DRK/USD dropping and DRK/BTC rising. They are all in sync with one another. Otherwise you'd be able to a ton of cash trading the differences, which I'm assuming isn't possible. So essentially monitoring the DRK/BTC price is the same as monitoring the USD ratio equivalent Are you arguing with yourself? |
|
|
|
PS: your buy order @.006?  Unfortunately not. Couldn't get BTC to Cryptsy in time. |
|
|
|
I simply remarked that I was surprised that DRK was retaining value against the BTC (irrespective of the $ value of the BTC) and that this is painful to watch.
I don't think that is delusional. I haven't seen anybody else post anything delusional either. Stating that BTC/DRK is steady is not delusional. Obviously I'm missing something here. If BTC goes down (compared to the $) and DRK goes down (compared to the $), then the DRK/BTC rate will remain the same. It would never go up significantly (or down significantly), because that would fuck up the dollar comparison and people could make a ton of money buying and selling at will. So really the whole BTC/DRK comparison is pretty meaningless. What really matters in today's World is BTC/USD and DRK/USD. Both of which are falling dramatically Re read my posts and you will see that you are missing that at no point did I say that DRK/BTC parity is a good thing or a bad thing. I remarked that I was surprised that it was steady but it is painful to watch the decline in BTC value. I didn't even really express a positive or negative opinion other than hinting by saying it is painful to watch. I would however counter your argument about BTC/DRK being meaningless on the basis that there isn't really a thriving DRK/USD market so the BTC/DRK pair is about as meaningful as it can get! |
|
|
|
What I stated is quite correct.
And has very little, if any, relevance to most. If BTC becomes $100 per coin and DRK still "holds" against it, are you telling me that's a good thing? What about $10 or $1? Unfortunately the idea that altcoin/bitcoin pairs will rise when bitcoin falls and vice-versa is nothing more than a fallacy. When BTC loses, altcoins lose. Yes, sucks. Hence why this is painful to watch. |
|
|
|
And I'm just sitting here, watching exchange rates be the same. WHY did no one tell me I should only look at the dollars?  In all seriousness tho, the DRK/Dollar is down the same as BTC/Dollar is down. The exchange rate is rocking steady for a month already so what are you complaining about? All crypto currency is down heavily. I wasn't complaining specifically about DRK, everyone is getting hit. What's slightly annoying is the sheer amount of dillusion seen on these forums when it comes to DRK. People think it's untouchable and it's obviously not. I'm a holder of BTC and I'm a holder of DRK. Both right now are extremely shitty investments, regardless of what anyone on here will try to tell you I simply remarked that I was surprised that DRK was retaining value against the BTC (irrespective of the $ value of the BTC) and that this is painful to watch. I don't think that is delusional. I haven't seen anybody else post anything delusional either. Stating that BTC/DRK is steady is not delusional. |
|
|
|
lol, and still somehow DRK "holds" against the BTC. Painful times but I'm feeling a touch of relief too.
DRK still holds? What are you talking about? DRK is down 15% in the last 24 hours. It's now worth less than $1.50 per coin. And what's worse it's daily trading volume is just $60,000. So the entire currency can lose 15% with just 60 grand of trading. Awesome. What I stated is quite correct. |
|
|
|
I have this gut feeling, that if DRK/BTC ratio holds, we might get more people into DRK, as this is THE COIN to be a part of in a mess like this. This is the best opportunity in a while.
I hope so. While BTC is cheap and DRK is holding....buy buy buy buy buy! |
|
|
|
At the moment only the sell walls @ cryptsy are holding the price down  That sell wall is looking mighty tasty Lol impatience I guess, they took the sell wall and dumped it under .006  Gah! I was going to have a nibble at that! |
|
|
|
At the moment only the sell walls @ cryptsy are holding the price down That sell wall is looking mighty tasty |
|
|
|
Are you guys watching bitcoin price chart? Bitstamp hit 225$ Perhaps we are finally seeing some capitulation. Let's get it over with! You call this capitulation? i am afraid this is NOTHING compared to the upcoming capitulation. It is almost guaranteed now we are gonna hit sub 100$ and only after that we might see another bubble. He called this "some capitulation", not the total extent of the capitulation. I agree, the volume is not high enough. Despair levels are pretty high so far. BTC down 10% already. Maybe we see a plunge to 200 on very high volume, and maybe another flash crash at btc-e into the 100's to form a bottom. Very painful to watch. it is painful but at the same time something that we have to go through anyway. So better happen now and we can get over with it. I am happy that FBI won't get much fiat for their next auctions Once they sell all the coins for cheap then we will see the next bubble lol, and still somehow DRK "holds" against the BTC. Painful times but I'm feeling a touch of relief too. |
|
|
|
Are you guys watching bitcoin price chart? Bitstamp hit 225$ Perhaps we are finally seeing some capitulation. Let's get it over with! You call this capitulation? i am afraid this is NOTHING compared to the upcoming capitulation. It is almost guaranteed now we are gonna hit sub 100$ and only after that we might see another bubble. He called this "some capitulation", not the total extent of the capitulation. |
|
|
|
The latest shift for the Darkcoin multipool paid out over 67 DRK. Still need more hash for Sha256, Scrypt & more importantly X11 algo. If you got some, bring it over! On average, you'll make the same if not more DRK and you'll help push the price of DRK up. Cheers! www.xpool.caHI mate, will be pointing my Titan Z at this from tomorrow... That's awesome, thanks! Cheers I've got about 3GH of SHa256 that I could point your way...running off a Raspberry Pi on a private Bitcoin solo mining lottery |
|
|
|
That 2,000 shot was mine. Interesting to see whether the price sticks even slightly above 0.006... Have you not got enough coins already ? Leave some for the poor escaping Litecoin punters You must have a stuffed bagfull. More masternodes ? Ha ha. My bag has a hole in the bottom... |
|
|
|
Darkcoin on the move folks ! Countering BTC devaluation. DRK is the one to be in !  That 2,000 shot was mine. Interesting to see whether the price sticks even slightly above 0.006... |
|
|
|
|
Show Posts
