So what stops the power that be buying all the nodes? Are you implying then aren't billonaires out there that couldn't do it?
Apart from the fact it would drive the price so high they couldn't print the fiat fast enough, stubborn old arseholes like me. |
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how do i short darkcoin?
You can't, but I wish you could, as doing so would add to your current self loathing.  |
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im so confused at all of this
Big money decided the future is DRK. What we say, what trolls say, what "charts" say, are obviously irrelevant when money speaks. The guy comes in there says "yes, I'd like 200 BTC worth of DRK, right now... dump me all you've got motherfuckers, I'll take'em all" and the party starts  Not only that, if big money wants to shift a million bucks anonymously, they don't care what the buy price is, they just buy a million bucks worth and send it where it needs to go. Thus (currently, anyway) driving up the price for the rest of us. |
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I understand debunking the trolls is important to some, but you can't fix stupid.
As a Buddhist I feel compelled to try, because once in a blue moon you do succeed. Luckily, one of the best methods of fixing stupid is with a truly savage beating. Which Darkcoin is only just beginning to deliver. |
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A thought and honest question to all GPU miners supporting the DRK network:
Are you mining this coin in a profitable manner? If not, why are you continuiing to mine DRK, instead of simply buying?
Good to see so many traders are profiteering on the wild ride, but as a miner I have only lost money mining DRK.
No matter how valuable I think DRK is, I can/should no longer support it through mining.
As a miner I'm an essential element of the DRK eco-system, without us there is no DRK.
No network, no security, no transactions, no minting.
Unfortunately, we loose money all the way through.
Two months ago, last month, today, next month.
And the traders are hyping and cashing in hard on this coin, providing no intrinsic value to the DRK eco-system (?)
Considering hedge mining profitable, implies one does not understand that it's still (much) better to buy DRK now with the same capital than to invest in mining.
My personal situation is that I cannot even break-even on a daily basis (power cost), let alone have my investment back.
Just stating a fact. I'm still supporting the network currently.
How many miners have been supporting DRK in the past months running an unprofitable setup like I have?
Most people can't or don't bother to calculate if they're profitable or not, they usually find out the hard way after they already made the investment and for unclear reasons somehow continue after all. How do you see this network growing with many? GPU miners wondering if they should continue mining?
The miners should just continue to loose money while others are making huge gains simply buying?
So (most) miners loose money, yet we are a fundamental layer in the DRK eco-system..
So (most) buyers/traders gain money, but what's the value to DRK..
Miners = sheeple ? :|
My DRK 0.02.
Mining anything isn't very profitable right now. For many, DRK is the least unprofitable. I've been mining at low to reasonable profit (I have solar), and certainly making far more than I would have by leaving my money in any kind of traditional bank/ISA/whatever, but I would have continued at a net loss because once block reward gets as low as it can (we are very nearly there now) I believe the price will continue to rise and tip the scales back to more profitability. Those DRK we're grinding out each day are very likely to be worth much more pretty soon. Of course when/if the price stabilises, about $100-$200/DRK within 6 months is my wild guess, maybe as a miner I'll have to reassess the situation then. I'm lucky though, a few quid today doesn't currently mean much to me, but I've spent years when a few quid meant a great deal... everyone's circumstances, goals, and outlook are different. edit: I am also, by supporting DRK, not only personally profiting (hopefully!) but doing good. We all need DRK, or something very like it, whether the masses realise that or not.  |
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Anyone tried syncing from scratch with 175 masternodes? It's impressively fast! Noticed it was uncannily speedy when testing one of my wallet backups earlier. |
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How the fuck can you risk making big bank? Be realistic, we dont know what can happen in a year. Someone may come with technology that leaves DRK obsolete. We dont even know if the "anon coin of reference" will be DRK or Zerocash.
We know with absolute certainty that the communal delusion that fiat is worth anything at all will not last forever.  |
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This thread participants are not capable of handling what is coming their way (not yet anyways) when price approaches LTC current price and the hatred it will bring.
Hey, I'm a sadist, I enjoy burning witches with their bullshit graph 'analysis' and laughing in glee as whiners publish their inadequacy on the intertubes for all to see. They may be too stupid to understand the depths of their failure now, but in some future incarnation they will remember my words, know shame, and there will be much even more wailing and gnashing of teeth. Got DRK? |
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I don't want to kill your euphoric..but to me it also looks like it should be time to sell. some whales been playing on the market with several coins and this one is another big game theyre playing. Hold your coins ready to dump.. just an advice.
Get it through your heads: DRK is not a shitcoin, whatever manual you are all following on, "How to get burned trading shitcoins!" does not apply. |
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Ac2 you're an idiot. Everybody knows darkcoin is the best thing that happened to cryptocurrency since bitcoin. Litecoin market cap will be surpassed in a matter of weeks.
wanne bet money on that >? I'll go one better and bet you that DRK will exceed LTCs market cap in a matter of days.(Just not sure exactly how many. ) It's inevitable though. |
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Beware the trolls, ac2 especially.
Quick check of hist post history and all is clear.
this isnt it kind of ridiculous that someone who invested in shitcoin asiacoin and lost his stack comes here and spreads fud? i mean ASIACOIN. lol! Yeah I never got that, Asia, however you define it, is a whole bunch of different countries, a lot of whom hate each other passionately. Sure, they are all going to unite happily under the umbrella of a shitty altcoin! You'd have to be actually cretinous, clinically speaking, to believe it was worth anything, or ever would be. |
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going by this graph, i think nows the time to sell and then reinvest when it crashes
Sure, I'm going to throw all my DRK away because some idiot drew a squiggly line on a graph somewhere in the fundamentally deluded and arse-backward belief that past statistics have some causative effect on ongoing reality. Sell your own DRK mate. Maybe you can buy a nice book on astrology with the profits. Here's my own 'technical analysis' of the Mintpal order depth chart: The big green crocodile on the left and the big red crocodile on the right both eat idiots who believe in voodoo. |
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We need to keep hammering into people that BTC is not anonymous at all, in fact quite the opposite. |
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how many dark are mined everyday?
Very roughly, 10 000. Just a single masternode is starting to look pretty attractive, eh? |
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There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!
There are almost no similarities between BC and what drove it, and DRK.  Outside of your little crypto world, some people actually care about real value. |
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Here is a quote from John Templeton:
"The four most expensive words in the English language are "this time it’s different.""-
The thing is, in a sea of shitcoins, DRK *is* different. |
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Darkcoin on CityAM again...  You know what's scary? It takes exactly one sharp individual/corporation/geopolitical entity to say, "I want a million of these newfangled private coin thingies. NOW!" - and DRK jumps x10 - x50 in 24hrs. That kind of market cap starts to become rather useful, actually, old chum, to a lot of other rich folk... I exaggerate slightly, but you get the idea. |
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There are people that want SIZE. The problem they're facing is they can't get it without moving the market a LOT. These people understand that there will be a time in the not so distant future where $XX.XX for one DRK was cheap. As such, they're willing to move the market without much concern as they see the longer term value of this coin.
Been saying this for a month or more, glad someone else understands. |
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