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241  Bitcoin / Bitcoin Discussion / Re: ARG Puzzle with 2.76 BTC Private Key Prize on: June 26, 2014, 12:42:05 AM
No need for convoluted theories. The triangle containing the blue eye is even pointing at the blue dot FFS.
242  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 26, 2014, 12:28:55 AM
Prepare for take-off! Grin

243  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 25, 2014, 10:45:01 PM
Can we actually launch this? ShitCoin? Like are real dump coin?

Someone did a while back. There's also a 'Trollcoin', and 'Scamcoin' has just been relaunched.
244  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 25, 2014, 09:39:30 PM
A quick reminder that it's entirely possible that DRK could one day get to #1

https://epicenterbitcoin.com/eb-025/

Mike Hearn interview quotes:
Quote
"Progress on the bitcoin protocol has ground to a halt, complete halt. This is a crisis period for Bitcoin... Only Gavin is working on upgrades" @39'30'
245  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 25, 2014, 09:23:20 PM
XC will be explosive this week.
246  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 25, 2014, 09:17:26 PM
can someone tell me will the price of darkcoin raise in the near future

im looking to buy a good amount
let me find my magic 8 ball
magic 8 ball does not help, but this does
https://bitcointalk.org/index.php?topic=560138.0
Apparently it doesn't, & neither do the trolls who think it does... cos DRK is already ten times higher than when that post was written. Grin
247  Bitcoin / Bitcoin Discussion / Re: ARG Puzzle with 2.76 BTC Private Key Prize on: June 25, 2014, 08:56:49 PM
the yellow triangle in the upper right corner of the pyramid may be relevant.  At this point I am taking a step back and thinking very abstractly about this.
Judging left & right by Amir's & Cody's perspective rather than ours is quite abstract. Smiley
248  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 25, 2014, 04:21:29 PM
i just hope all the trolls that are being paid to troll here are being paid in DRK .. that way they will get some real value for their effort  Wink

Nope, I can guarantee you the tools are being paid in whatever shitcoin they are spouting about.

You can fool some of the people all of the time, and these are the ones the shitcoin devs are employing.

So the shoddier the shitcoin, the shmuckier the shills.

That explains a lot.
249  Alternate cryptocurrencies / Altcoin Discussion / Re: Unmoderated XC thread on: June 25, 2014, 04:15:05 PM
Can the OP rename this thread to the DRK/XC Pissing Contest?

Then we can open a bounty to see who can piss the farthest
See second post. Better here than in the actual threads.
250  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 25, 2014, 03:37:07 PM

Can I ask why you're not tolerate?

Because you're acting like a troll. If your not a troll, stop talking about other coins here.

I talk DRK in other places.
I've never encounter such a rebuffed.

The others can solve this task "anonimity" before DRK devs tests finishing.
I'm just trying to draw attention to it.

Almost all of my investment DRK.
You how you can tell me troll?

I've looked through your history. You only "talk DRK in other places" to FUD it, like these gems from a month ago...

Let's finish fiasco DRK all together.. Smiley

I'm sure as. DRKs death takes only 3 days.

How's that going? Grin Apparently your effectiveness & prediction skills suck as bad as your trolling.

251  Economy / Service Discussion / Re: Mydailybitcoin.com ? Scam or not? on: June 25, 2014, 01:25:08 PM
It is probably a scam. A new account, http://www.reddit.com/user/sisqo54321/ just spammed the same mydailycoin crap to 8 subreddits. This is scammer stuff.
252  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: June 25, 2014, 12:29:34 PM
hi tf, sent you an email for settlement, please reply.

He may not be the original tf.


Most likely someone bought to goof around on.
Really, really hope so since this person is pretty funny and likeable.

TF was likeable too, till he stabbed the people who trusted him in the back. Cry
253  Economy / Service Discussion / Re: Coingoo.com Anybody heard of these guys? on: June 25, 2014, 03:21:32 AM
This site is using bots to spam the crap out of darkcointalk and multiple coins' reddit groups. Obvious scumsite, avoid.
254  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 24, 2014, 01:27:08 AM
This seems a likely place to find smart people willing to defend Monero. Can anyone here give good answers or rebuttals to the points below? I'd rather avoid asking in the main XMR thread in case noobs there might be alarmed against the coin before waiting for good counterarguments. Thanks.

Darkota, since you want so much to talk about Monero, let's talk.

Pretend I am a millionaire and want to invest in Monero.

Please answer me the following:

a) Who made Monero and why? What was their vision?
b) What had the Monero team done for privacy, before copying the Bytecoin code?
c) Are they really interested in anonymity, or did they try to cash out in the wake of DRK? Why did they make an anonymous coin in May - when DRK was already making a splash? If they were really interested in anonymity, why not earlier?
d) Can Monero scale?
e) Is Monero's PoW futureproof, for providing almost 90% of its coins in just 4 years? Why would someone invest in such a curve?
f) Why would I put my money on something with 2% daily inflation? As a currency, does it fulfill one of the basic criteria - that being an adequate store of value?
g) What is the cost to render the blockchain DOA for someone who wants to kill Monero, in terms of Bitcoins? Can a kid, a hacker, a government spend 10 BTCs and make the blockchain so bloated that it doesn't even load the wallet - killing my multi-million investment?
h) Is Monero anonymous in itself, or does it also need IP obfuscation to achieve anonymity? If it is the later, how exactly is it so anonymous, and how can you vouch for the IP obfuscation network that it will be using? Is there an IP obfuscation network that is 100% reliable for anonymity purposes? As far as I am aware, there is none.
i) Why should I pick Monero instead of Boolberry? The specs of Boolberry are superior and the dev is seemingly doing more work on his own than the Monero devs. Remember I am a buyer and I don't care about who mines what so I don't care about CPU and GPU miners.
k) What happens if the Bytecoin guys (who made the code) discover a flaw, patch it in their own coin and then kill the clones by exploiting the flaw? If they are really underground hackers that hate the Monero copycats, isn't that a real possibility?
l) What is the advancement potential given that Monero is a clone and Bytecoin is the original?
m) What assurances do I have that the codebase is solid? For all I know it's totally untested in public use, being public for 2 or 3 months. Even the boolberry dev openly declares it to be untested.
n) Is it usable by average joe?
o) Is it usable by companies and businesses?

I can ask you questions about Monero all day long if you are so inclined to advertise Monero in the DRK thread.

This one gets bookmarked.

The best pieces are actually all around the BCN and MRO threads with all the unbelieveable problems people encounter every day. If I made a list of these perls, we'd be laughing all the way to the DRKbank - but at least they are trying... heh...

For example, a while ago Mintpal added Monero and ...money isn't moving around in the chain:

Adaptive block sizing means right now it's hard to get money around in XMR chain because it is saturated. However, over the next hour the blockchain will expand its blocksize and this will be less of an issue. Please wait for your tx to be included in the blockchain.

Saturation... "Please wait for your tx"... Yep... That will scale well for prime-time use...

Darkota are you still with us?
255  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 23, 2014, 05:53:58 PM
Tired of the FUD ? Read the FAQ : http://wiki.darkcoin.eu/wiki/FAQ

Was Darkcoin Instamined?
Quote
~2mn coins were issued in the first 48 hours due to problems with the difficulty readjustment. That represents approximately 10-15% of the total money supply that will ever be issued.

The majority of these coins were distributed through the market in the following weeks and months at very low price levels* (0.0000x BTC per DRK to 0.000x BTC per DRK) and a lot of them were also absorbed in the April/May 2014 price increase.

  • Examples of prices and selling action almost two weeks after launch:

https://bitcointalk.org/index.php?topic=421615.msg4861558#msg4861558

https://bitcointalk.org/index.php?topic=421615.msg4889177#msg4889177

I read someone who wrote that 50% of the coins in circulation are owned by the devs
Quote
No. This is a classic case of spreading FUD (Fear Uncertainty and Doubt) by supporters of other cryptocurrencies who perceive Darkcoin as a threat to the coin they support.

The coin has been well distributed through exchanges since early February 2014 – almost 15-20 days after the coin's launch. One could buy as many cheap DRKs as they wanted, with prices of 0.0000x per DRK or 0.0001x per DRK. This can be verified by historic charts of c-cex.com and poloniex.com of early Feb 2014. These two exchanges were the first that adopted DRK. Huge buy orders of 20-30-50k DRKs were being filled by early miners who were dumping their coins for pennies, not really appreciating the coin they had in their possession due to the “abundant” way in which they mined it as people do not really appreciate what they are given in ample quantity.

Miners who “instamined” large quantities never foresaw the huge price increase and as such sold over a million coins at prices from 0.0000x up to 0.002 – with the first large batch being sold after DRK hit the exchanges and the next large batches being sold from February 2014 to April 2014 @ 0.0015 BTC price levels. In fact, many coin holders were complaining* of all the “dumping” by those who held cheap coins from the start that kept the price at artificially low levels for 2 months straight.

The dumping ended, due to tremendous market demand, when a “pump” was initiated by “whale” buyers that swallowed millions of USD (in DRKs), raising the price from 0.0012 to 0.017 within a few weeks.

  • During this dumping period there were certain individuals who spread FUD about how the coin will never rise in price due to the instaminers dumping continuously. These are typically the same people who are claiming that the 50% instamine distribution affects the coin distribution today. However it is impossible to simultaneously claim that the coins were being dumped and that the 50% instamine holds true today. It's either one or the other. Since the coins were being dumped, the 50% instamine distribution was gradually reduced with each dumping wave. Blockchain analysis indicates a well distributed coin, reflecting the fact that the dumped coins were evenly distributed through the market. Early distribution is not currently an issue as huge buyers have been reshuffling the "rich-list" in their favor, buying millions of dollars in Darkcoins during May 2014. Late distribution through aggressive buying is currently more of a concern than early distribution.
The Birth Of Darkcoin (Mar 29, 2014 by Evan Duffield)
Quote

    This is the story of how Darkcoin came about. Recently the community has grown a lot and many people here aren’t aware at all of the early history of the coin. I’m sure you’ll see from the full story that I would have done things much differently, but hindsight is always 20/20.

    So who am I and what do I offer?

    My name is Evan Duffield and I’ve been developing software since I was 15. I also have a history in finance and an interest in economics and machine learning. I’ve worked all over the space for PR firms, creating search engines and machine learning algorithms for financial modeling.

    I’ve have a rewarding career and consider myself lucky to have been a part of many great projects. Also, it’s worth noting when I worked at Hawk Financial Group I got my series 65 (a financial advisor license) and I’ve used that knowledge extensively for Darkcoin.

    The birth of Darkcoin

    I discovered Bitcoin in mid 2010 and was obsessed ever since. After a couple of years in 2012 I started really thinking about how to add anonymity to Bitcoin. I came up with maybe 10 ways of doing this, but I soon realized that Bitcoin would never add my code. The developers really want the core protocol to stay the same for the most part and everything else to be implemented on the top of it.

    This was the birth of the concept of Darkcoin. I implemented X11 in a weekend and found it worked pretty well and it would give a completely fair start to the currency. What I really was aiming for with X11 is a similar development curve where miners would fight to create small advantages much like the early start of Bitcoin. I think this a requirement to create a healthy ecosystem.

    Next I was thinking about changing the reward system. I thought it would be an interesting experiment to add more incentives to join mining early on, driving up the hashrate and protecting the network, that’s when I came up with 1111.0 / ((x+1.0)^2.0), which was the first formula for controlling rewards.

    Launch

    It was January 18, 2014 and I had everything ready or so I thought. I announced the launch of Darkcoin (XCoin at the time) on BitcoinTalk. We launched later and immediately got stuck on block 42, I was new to the Bitcoin codebase and wasn’t sure what I missed so I announced we’d relaunch later.

    When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough, we just ended up spilling out coins. Retargeting happened every 576 blocks and could only increase the difficulty by four times, so it took about six retargets to get to a difficulty that was near 2.5 minutes per block.

    Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation. You can see people discussing the problems here:

    https://bitcointalk.org/index.php?topic=421615.120

    I soon fixed this issue at block 4500, but none of us realized the amount of coins that had been issued at the time. At that point we didn’t even have a block explorer yet.

    Growth

    Right after block 4500 is when I started working on DarkSend. I was trying to create a proof-of-concept and eventually I succeeded, I posted about it and our coin started to become more popular by the day. This is when the coin became a serious project of mine.

    Later on we switched to 11111.0 / ((Difficulty+51.0)/6.0)^2), these formulas proved to be much more powerful incentives to drive up the difficulty than I thought they would. Soon after we switched to (2222222.0 / ((Difficulty+2600.0)/9.0)^2.0), targeting a difficulty of about 3400.


    In the end?

    Darkcoin started from a few months of me thinking about ways to create a better coin and a couple weekends of coding. It wasn’t till later that we got established and I really started taking this seriously. Anyone can compare our recent efforts to the sorted past and see things are going much smoother. No one really knew how much this would blow up (in a good way) and how popular it would be, otherwise I would have took my time in the beginning.

    Goals and the future of Darkcoin

    I don’t believe the origins of Darkcoin are too much to overcome, but investors and users are going to have to decide for themselves if they want to support the project. Recently I’ve shifted away from other projects to going full time on Darkcoin. I think with a full time developer and our solid community we’ll be able to make something great.

    It’s only been a couple months and we have a lot to show for it (X11, DGW and DarkSend Beta) and there is more in the works. This obviously didn’t go perfect but I think we have a really fantastic community and I see a really bright future for Darkcoin.


Of course mudslinging is easier than innovation. So keep creating new accounts while the Darkcoin team is innovating. Have a good day !

256  Alternate cryptocurrencies / Altcoin Discussion / Re: Unmoderated XC thread on: June 23, 2014, 04:59:27 PM
Dude, accept the bet or STFU?

put up 1000 btc and do the bet....

First the censored thread, then the outraged complaints about even having a non-censored thread, now they won't accept criticism unless it's backed by half a million dollars. Grin
257  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 23, 2014, 02:46:50 PM
Update your client, HARD FORK! Friday we will begin paying MasterNodes - Latest Client Stable: 9.10.1 and RC3 with Darksend is 10.10.1 - See downloads!

Official page - can somebody change it to newes version?

Say what? Where did you get this info ? That cannot be correct. Reverting to xx.xx.01 will "enable" Masternode payments again, and blocks will be NOT be orphaned because the payments will NOT be enabled, but in any case, if anything, xx.xx.02, unless Evan rolls out xx.xx.03

It's not correct. splawik21 was saying it's out of date and asking for it to be updated.


The out-of-date quote is still at the top of http://www.darkcoin.io/ in small red letters.
258  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 23, 2014, 03:02:36 AM
For those who haven't been keeping with our competitors this weekend...

Cryptcoin has exploded spectacularly immediately after that BTC-E rumour pump.

XC just announced lolzy marraige plans with an obscure alt called CacheCoin! Plans include swapping each-others core features, synch each-others live blockchains so they can do things to each-other, doing a "complete rewriting of the satoshi codebase", and making everything work on something called "proof of blockchain". Maybe someone had a sale on hot air & whitepapers. Despite a lots of publicised photo ops happening at the same time XC has fallen amongst disbelieving protests from the less gullible XC people, but tiny CacheCoin has already jumped from 90th to 67th in market cap in a few hours (no doubt the insiders who knew about the marraige have done very well for themselves).

However tempting it might be please don't go trolling them when they're down, it's entertaining enough just to sit with popcorn. Grin
259  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 23, 2014, 01:09:11 AM
Yesterday, before the fork there was around 6000 DRK in bids.

Now. with the retracement in price following the rollback we have 18,000 DRK on order with only 8000 on supply !

People who had missed the boat are now getting a nice window to jump on board and they're queueing up.

EDIT: Now nearly at 20,000 DRK on order ! (All at or above 140) Supply down to 7000.

Yup I think the 3 day rule may have some people staying on the sideline. Most of the time after bad news you wait 3 days to trade it. This happens to be a bit of good news in with the bad, so I feel the market might get a bit of a early jolt back upwards.

Even following the rollback, there is *massive* demand for the coin. And we're not talking silly bids either - the whole 19000 that's on the order book on Mintpal right now is all basically 1 significant digit below the current pricepoint.

It amounts to an average buywall of 275 BTC at 145.

That's going to be interesting when the owners of those walls start to realise that fact - that there are only enough seats on the train for half of them. The first ones to move will still get cheap DRK, as for the rest...

[Edit: it's like musical chairs. Lots of weak hands stood up, and smart investors grabbed some chairs while they were cheap. Now the sellers are walking round the chairs waiting for the time to get back in, but they haven't realised yet that there aren't enough chairs left for them all, even though it's right there in front of them if they look.]

Looks like the music just stopped. Anyone still with any walls that you hoped might get sold into, you need to do something drastic now or get left behind. Grin
260  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 23, 2014, 12:58:32 AM
Intrawallet ATMs to support Darkcoin

http://thecoinfront.com/interwallet-machines-could-provid-full-bitcoin-lifestyle-solutions/

Quote
This is a vending platform. You can pay your bills, top up your phone, buy gift cards, and more, all with cryptocurrency. You can buy and sell Bitcoin, Litecoin, Dogecoin, and well be adding Darkcoin soon as well. Almost every chain restaurant in Vegas has a deal with Interwallet to sell their gift cards, including TGI Fridays, McDonalds, and Burger King.

The "You can't buy anything with it!" arguments just vanished in a puff of smoke.
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