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The DarkCoin team should not respond unverifiable claims that at best amount to nothing more than hearsay. Anyone who would make an investment decision based on the unverifiable ramblings of an anonymous new poster is either a troll or a fool.
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If the countdown is correct, the launch time posted in the announcement is incorrect. The countdown has ~3 hours 10 minutes left, which makes the launch time 19:30 GMT, not 20:30 GMT as stated in the OP. |
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The bigger the risk, the bigger the reward. Where else can you see an investment go up 1000% in a day, but in altcoins? The problem is not the altcoins themselves, but rather separating the few true alt coins from the shitcoins taking advantage of the open source nature of alt coins and unregulated financial markets for the sole purpose of fleecing BTC from bigger fools.  |
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OP slaps trolls around a bit with a large trout.
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Yes, this happened to me. Fail launch it seems.
Gonna try a new blockchain, maybe on a fork. Edit: Confirmed on a fork, slight faith in dev not doing something underhanded restored. So what do I do to get off my fork if I am on one? Btw, simpleminer doesn't launch for me, i'm new to this type of wallet, what do I do? - Create a wallet - Start wallet - to mine type: start_mining <number of threads> https://bitcointalk.org/index.php?topic=583449.msg6586737#msg6586737 |
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Pump and Dump scam, nothing to see here. Coin was never intended as anything else.
You've gotta PUMP, PUMP, PUMP before you DUMP, DUMP, DUMP!
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My vote is for AssPennies. Please add it to the poll!
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Why did you choose this name? Explain a little about the naming, plz.
Sadly, AssPennies was already taken  |
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This is a scam. Regardless of the illusionary nonsense in the OP, there is no way government regulations would allow a website to act as a Crypto/Fiat exchange without compliance to regulations as a Money Service Buisness, which take YEARS to get around, just like it did for Cryptsy in the US. My guess it you will mine the coins send them to his website and they will be dumped as soon as this gets added to an exchange.
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So PHO only trades on AllCrypt with no buy orders?  PHO is on both AllCrypt and AtomicTrade BLC is on AtomicTrade, C-Cex, AllCrypt, Bittrex BBTC is on AtomicTrade XDQ is on AllCrypt, Bittrex, AtomicTrade ELT is on AllCrypt, Bittrex (should also be on AtomicTrade soon) from a pool there is only an automatic output or it is possible to remove too manually? its not possible to do manual payouts need to rewrite the payout function as atm it is exploitable by hackers if both auto and manual are on for a double payout  Edit: Chicago and London servers due later today I use a cgminer from a subject, but he very long switches between pools (5 minutes tests stability of the channel), before used on a scrуpt- cgminer-3.7.2-kalroth-20140324, it instantaneous switched between reserve and the main if the main returned. How to accelerate switching? Thanks. Add this to your miner configuration file.- "failover-switch-delay" : "x", Where x is the number of seconds the miner checks the pool stability before switching. |
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says the dark shill who can't argue with the fact presented. THE FACTS ABOUT DARK COIN 1. released without windows QT so that only dev and pals could mine it. 2. Instamined harder than any other coin out there 12.5% of the current minting was mined in the first day 3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey yes that is correct they mined 50% of all the coins available at this time by themselves in the first 24 hours whilst windows users could not mine. That is the facts.... doesn't matter what else they say... nothing can change what they have done. Once zero coin, or bytecoin with a decent wallet it released or another darkcoin clone is released.... dark coin will sink like a stone. Every time they try to spam their coin just post this to remind them of the facts about their coin. The large percentage of Darkcoin mined early on is a result of how the block reward structure is implemented. I believe Darkcoin is the only coin that uses inverted block rewards based on the current difficulty (the exact formula is in the Darkcoin announcement thread). The higher the network hash and resulting diff, the lower the number of coins awarded. Anyone that participates in coin launches knows the starting diff is very low and a large percentage of coins are mined early on as a result of the much faster block times than normal. It's true DarkCoin's inverted block reward structure favored the early miners, but that's also true for almost all coins and DarkCoin's starting block times and number of blocks mined early on are not very much different than the most coins, so I don't think it's fair to call it an insta-mine in the technical sense, it's a result of the higher block reward structure while the diff was low. Litecoin had about 600 BLOCKS mined within the first 30 minutes = ~1 block every 3 seconds during the first 30 minutes http://explorer.litecoin.net/chain/Litecoin?count=700&hi=700Vertcoin had about 560 blocks mined in the first 30 minutes = ~1 block every 3.2 seconds during the first 30 minutes http://cryptexplorer.com/chain/VertCoin?count=600&hi=600Darkcoin had about 800 blocks mined within the first 30 minutes = ~1 block every 2.25 seconds during the first 30 minutes http://explorer.darkcoin.io/chain/DarkCoin?hi=819&count=800Those coins all had within 250 blocks, approximately the same number of blocks mined within 30 minutes of their launch, which is a function of the low starting diff causing blocks to be generated at a much higher number. The further you go from there you will see the block generation continuously progresses at a slower rate until reaching the target average block time for each coin. IMO DarkCoin's current reward structure allows for a more widespread distribution through mining and prevents it's concentration much better than most coins, including BTC and LTC. In a similar way that to how Scrypt-N coins like Vertcoin prevent large miners from gaining too much of an advantage. Since DarkCoin's block reward keeps decreasing as the network hash increases, it deters industrial type miners with enormous hash from gaming the coin and concentrating it's distribution. Which makes the coin un-minable for the average person as a result of the increased difficulty and much like what mining BTC has evolved into and Scrypt mining will next. |
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You guys are delusional.
Cryptos are Not Stocks.
You cannot compare Bitcoin and alt coins to the freaking stock market.
In alt coins, there is no such thing as price corretions, or reading charts to figure out the next rise, it's too unpredictable. Unless you're a millionaire pumping coins, you cannot predict anything.
DRK could reach $400 before settling, no one knows for sure, as it depends on DEMAND and SUPPLY.
Again, I cannot stress enough, this isn't the freaking stock market, and those rules and techniques do not apply here.
^^^ TRUTH. Short-term alt price moves are dominated by whales that pump and dump hundreds and even thousands of BTC in and out of a coin. You are essentially at their whim if you day trade alts. If you guess wrong and get in or out at the wrong time, you could be stuck with a bag of overpriced coins or if the coin takes off, stuck on the sidelines. The smaller the marketcap, the easier it is to manipulate the price. Using stop loses and technical analysis when day trading alts just plays in to this. You also have to consider multipools that mine the most profitable alts, only to dump piles of coins on to the exchanges. A simple investment strategy for the long term is to invest in a coin you believe in and wait until you are able to get back your initial investment by selling 10% of your coins and then selling another 10% every time the price doubles from there. That way you will be to take advantage of any continuing appreciation by not cashing in too early and you are guaranteed to come out ahead no matter what happens. You can also adjust the percentage to your particular needs and it removes short term volatility based on manipulation from the equation. |
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I find MintPal.com to be a fast, reliabile exchange with lots of volume for the popular coins and it is easy to navigate.
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i'd sell it all because its further away up and buy back when down
It mostly depends on your appetite for risk. However the problem with playing arbitrage is that it works, until it doesn't and then if the coin takes off, you are left on the sidelines with only a fraction of the gains you could have realized. DarkCoin is one of the rare coins that offers true innovation and development and is based around a concept getting scarcer by the minute, privacy. You never know what can happen. Just like I'm sure the the early adopter that traded 10,000 BTC for two pizzas never could have possibly imagined what they would be worth today. The way I look at it, if you make an investment that you believe in, why sell yourself short? I would hate to be like the pizza guy and BTC literally has thousands of early adopters just like him! http://www.wired.com/2011/11/mf_bitcoin/all/1DRK is a BTC fork, it's not true innovation. I would hold long term a cryptonote based coin and that's still taking a huge risk. That is incorrect, it's actually a LTC based client however it uses a number of innovations developed by and first implemented in DarkCoin. Among them the x11 algorithm, DarkWave difficulty retargeting and the new DarkSend protocol. That is already more innovation than at least 90% of the new alt coins released this year, most of which are nothing more than a 100% clone with different branding. |
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will that work if I transfer on same computer? from old wallet to new? and you said I should wait until its synched before transfering coins but its not syching.. 1 drk coin to anyone that step by step me in PM The wallet won't sync until you upgrade to the latest client. - download the latest wallet from the announcement page download section or this link to download it directly http://darkcoin.io/downloads/darkcoin-qt.exe- backup the wallet.dat using the guide - https://bitcointalk.org/index.php?topic=621424.msg6885340#msg6885340- Start the wallet, check it matches version v0.9.4.6-unk-beta and let it sync You don't need to transfer the coins if you are just upgrading the wallet on the same computer. Replace the old darkcoin-qt.exe with the new one and start the wallet, that's all you need to do beside backing up the wallet.dat in case of the unlikely event something goes wrong. |
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but how do I transfer my DRK coins over to that wallet? The wallet.dat file from your original wallet that you backed up is what contains your coins. If you are just moving the coins to different local computer, just follow the steps I posted earlier: https://bitcointalk.org/index.php?topic=621424.msg6885741#msg6885741If you are just upgrading the DarkCoin client on the same computer that your coins are on, just backup the wallet.dat and replace the old darkcoin-qt.exe with new one. After that just run the wallet and let it sync. |
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No, it's over for noobs that can't figure out any investment never goes up exponentially in a straight line and you should never invest more money than you can afford to lose.
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