Glad someone cleaned up the forum... Much better now!!! We can all breathe... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) He actually private messaged Orestes and apologised, then afterwards deleted his posts. Well I wouldnt count it as an apology that would set him as being wrong, and I don't think that this is the case. He just voiced his opinion in a certain manner. We had a small private communication where he wished us the best and thats good to hear.
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Also I looked at your 2 other posts you have made outside this thread and you state:
"I like Silkcoin and aslo Monero is good. The newest Silkcoin will be very good and right now is very cheap. I think also monero is very cheap so i will keep buying more. Ethereum seems like maybe its a not real price and could crash and moserable burn if the vitalik say they run out of money again lol I guess i shpuld have bought a lot of ethereums in the crowd saling haha from the markets now seems like a bad idea but who knows maybe one day ethereum makes a wallet that someone can use withoit tech support"
So, basically, your just trying to drive down price with one of your many sock puppet accounts.
Sorry, but I am no longer entertaining you.
Huh? Entertaining? Im asking serious questions you are sidestepping. Regardless of how many accounts i have. So no fees for swap? And swap is infinite? And my silk is worthless unless i use the corporate weaver. Correct? Cryptos were meant for anonymous users. Thats the whole point. I invest for funds that require this. Whatever man. No big deal. Yeh price has risen based on my 'trolling' as youve all called it. Fanboys rebellion lol So im doing fine on my investment but this is driven by speculation not by long term investment rational. And ill buy whatever fucking crypto i want and post wherever i want and ask whatever questions i want, and its not like the technology i purchased has anything to do with you anyways currently..You havent released a single thing. This is still the old silkcoin.. why i posted you saying prerelease was to be a couple weeks 9 months ago, thanks for affirming that. No response from arteleis yet. Weird. He was a hardcore warrior for this coin from what I've read. He your sock puppet account? Lol Having talked with both Arteleis and Spencer extensively I can say you are completely out of bounds here. It is ok to ask hard questions but the way you do it is uneducated and worse inflammatory. If crypto wants to have a real future then it must be within the confinements of legislation. Having a .ltd forces compliance, this is a good thing. The Silk Network needs to walk a fine line between an anonymous community and transparency legislation where both parties are going to feel shortchanged. But on the positive side if the network overcomes obstacles it could legitimately find partners or opt for future investments to expand. Your negativity through your 'key' issue has blinded you and set you off into a tantrum like a 4 year old. Nothing is done to destroy your position. What is coming is legit and when it comes the amount of excuses you will have to make to yourself is steadily increasing. No new persona is going to remove the mirror for you, having a fine look would be a nice easter message.
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snip...
Thanks for calling me a liar. Bitcoin tax law isnt the izsue here. anti money laundering and corporate tax laws are. bank account or not a corporation must file taxes and declare income, even if you are trading in shoes you have to declare how many shoes youve traded and what kind of gains.. even if you make nothing tX returns need to be filed.. my issue is im being forced into using this weaver exchange to keep my current investment. 30 day swap means im tied to this more then i want to be. long term stability of the weaver corporate is obviously poorly researched that will end in yes. the collapse of tbis corporate exchange that feels they dont have to comply on the basis that they are not a corporation, they are an ltd hahaa all things done are out of necessity, i hope you can see that... whatever i risked a bitcoin but wont be suggesting this to any client obviously. lol maybe ya shoulda just stayed crypto.. close the corp and open a new one in a country suited to your business.. which is what again? producing fanboys?
You have no knowledge about the business model underlying this corporation so you have no standing in this. Pure slander. Get in or get out make your decision, price is up and will go up for some time. Sell with profit or keep your investment its up to you, but keep things constructive.
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I have a long relation with Silk and artelis and know for fact it will succeed.(team/dedication/commitment)
Thats why I like the Trolls fudding in here for a cheaper price.
At this stage I will be at the sidelines spectating and enjoying the show.
Have a good one! "Silk Team"
let the Camel march
Silkcoin right now is undervalued not overvalued, heaving a steady and solid increase in price also equates to raising awairness. Small dips because of fud do not really undermine the climb, as they harden the lower barrier, but they are annoying at this stage. The image that comes up to me is much like Frank 'the tank' going streaking in the movie Old Skool. It might serve a purpose but the timing was off. Other then that, I see that what you say checks out: https://bitcointalk.org/index.php?topic=676976.705;wapso welcome back, oh and make sure you buy them dips ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) edit: come to think of it there might be a lot of people coming back here once the big attention is on us. So be prepared for a wave of 'Old Skoolers'.
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So, let us get this clear before you look at the image below and all get overly excited. This is NOT a partnership with Microsoft, it is NOT a teaming up with Microsoft. All other coins that have done the same as this i.e. SysCoin, Dash, Ethereum have all signed the exact same document. Yes, this is very good and yes it is very very useful to be on the Microsoft Azure cloud and have a one press setup for nodes, BUT, this should not influence price of any coin, because, any coin can do this, it isn't anything special. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwuDqp97.png&t=665&c=tmsVspd3tRvjmw) You say this while humbling yourself by downplaying the importance of it. Sure its not a partneship or team-up with Microsoft. But what it does mean is that the underlying code the silk network uses is legit and verified.It means that the Silk project is a real contender going after top coins! Something for investors to consider at this low price point.
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Snip...
FUD this troll. Couldn't be a better place to register SilkNet at this point. http://www.coindesk.com/bitcoin-regulation-uk/They won't even have to pay VAT on the bitcoin exchanges or know who we are... Come on man.. You can fud better than that. One google search, i didn't even have to wait for friends to get up over the pond. Even had a coffee and a smoke break. Still got to facts before you. Some thoughts i have on the article: There are three areas of regulation to consider when examining this subject: consumer protection; the prevention of money laundering, and taxation. Foreign regulations also have certain implications for those operating in the UK. 1. As a business, you can expect Silk Network .Ltd to exploit the platform under their control. For its services VAT should be included in price. The same does not apply to trading crypto assets it merely means products and/or services that support the process i.e. hosting. And tax should be paid on profit like any other business. I see no problem with taxation, Silk Network .Ltd is a business. 2. Knowing spencer the technology being used is actually aimed at protecting the consumer. It is one of his spearpoints so our confidence should be in the abilities of this development group. 3. On money laundering nothing is formally written down but I will get to that Without any formal guidance, businesses act on their own interpretation of what the rules ought to be. As a result, an unusual scenario has arisen: instead of regulators chasing after businesses and insisting on compliance, UK businesses are chasing after regulators and insisting on rules with which they can comply. - Talking with other organizations i can see they are franticly trying to comply with regulations that arent even there. All in fear of being put out of business, this mentality is an hindraence
- Common sense and a good sense of moral obligations should protect us because laws are based on the same set of ideals. The hived mind of the community will always be able to have a reasonable voice in communicating with lifeless institutions or counter sets of regulatory rules if they themselves are unreasonable. Reason is King.
In the UK, however, there is no formal obligation to take any steps to prevent money laundering through dealings made in bitcoin. This is quite remarkable. Compare this to the position in the US, where businesses must comply with anti-money laundering regulations at a federal level and then essentially repeat this compliance in almost every other state. So I guess the responsibility in personal taxation lies solely with the holder of capital and not the facilitator of services, corresponding to point 3. mentioned earlier... It is fair to say that some businesses go above and beyond what would be required if their business was dealing with pounds sterling rather than bitcoin. The reason for this is simple: UK businesses don’t think that this status quo can be maintained for much longer. If we do not accept fiat, and users with btc came from fiat through said businesses then you could say that we are depedent on them. This depedence only outsources the function of customer due diligence it does not weaken the process. In other words if we are not actively selling DrkSlk for Fiat, thus being a gatekeeper with (actually still without) compliance rules. This should not be an issue. Once in BTC they could opt for all kinds of anonymous coins like DrkSlk, no regulatory force could keep this in check. But more importantly personal privacy is the thing we actually want to achieve for citizens. Now trading Silk for Fiat and vice versa should not be a problem it is, much like the bitcoin, a clearnet technology. Once in this domain you are free to spend it on any privacy protecting coin like DrkSlk. This is a seperate process and as mentioned above there are no formal obligations to take any steps to prevent money laundering. Again, responsibility in personal taxation lies solely with the holder of capital; or do you feel that I am allowed to look into your personal wallet and give this information to third parties? I hope you all can see the importance of Silk in light of this revealing situation. Something the dev might actually not have thought about himself, or maybe he bested me in this line of reasoning who knows ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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3 months btw.. have you submitted your quarterly? Privy to the forum of investors here? If youre corporate and are selling un registeree securities perhaps you should supply us all with the finances to back your statements. Bad call calling me a fudder buddy
You are making urself looking like one when you do 3 posts after each other and dont backup what you say and claim others should. Okay. YES MAN. I am invested only 1 bitcoin. Not a fudder. Read my posts. These are facts not FUD. Easy to say FUD. Harder to be informed. You better backup what you say if you don't want to be called fudder. You got a new account with 2 types of posts. 1 loving Monero and 2 bashing Silkcoin without proof of ur "facts". If you want to be taken seriously you better show your facts. As posted. And please google with me. A private limited company. Is not a corporation?. True or False. Edit: a private limited company is allowed to sell public securities. True or false A private limted company does not need to pay or charge service tax for a company providing products and services? Ill be wheover i want whenever i want man. All power to the cryptos. Read my posts and then ask again if im posting fud not backing anything. And what does that have to do with anything? You know that you need to gain money to pay taxes for them right? As far as I know they will not take money from exchanging between the currencies so I really dont understand where you want to go with this. My investment in poloniex will be forced to be exchanged in the 'weaver' which seems to be incoporated with the owners having any underatanding of corporate law = cryptsy = mintpal = gox and i dont have a choice. Because i bought silkcoin. Edit: forgive me i could sell. And let the rest of ya wash these comments over. Surprised they havent been removed yet in this modded thread. Easy... your posts won't be deleted and I'm interested in hearing you out. But i don't think the public sphere is suited for continuing this conversation.
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How will the 'crowdsale' work, and when will it occur?
The details for the crowdsale will be released closer to the time. When it occurs, as stated before, a number of times, when Silk launches.
Will it all happen via weaver?
Yes, as stated before.
Will DRKSLK be priced arbitrarily(for crowdsale) or will it depend on SLKs market price at the time(or something else)?
Details will be in the crowdsale documentation once released.
Will SLK holders still get a better rate(initially) over BTC buys? If so how will that work, as a timed thing or a volume thing or a weaver account id/wallet address thing?
Details will be in the crowdsale documentation once released.
You get a lot of repeating questions because you have 2 coins and one thread. The first page should be corrected to show both coins spec or you should have two seperated threads. All the questions about Darksilk shows a lot of interest for it so you have to live with it. I think closer to the release there are going to be even much more questions and interest about it. I will keep comming in here and have a look. I cant find any reasons to buy Silk coin. If you are a holder of the old silk coin then its good news to get a working chain. If I can get dark silk with BTC then I dont need to have any silkcoin. If you can buy Dark silk with Silk coin then I think silk coin can drop much in value so it will not be a good investment before the release of dark silk coin. If you have any plans that will give silk coin a high value then I cant see it with the information you have provided to us for now. Both coins have good known devs and that is something that gives also values. Yeah thats the question, why would anyone invest into Silkcoin atm? If we dont know if its any benefit at all to keep/buy them. I understood that the dev didnt want to spoil because other people could copy but if you are not that far from release it wouldnt make a difference to tell what it is since people will know what it is eventually anyway and then try to copy. You need to think outside the box... DRKSLK will be a very limited circulation compared to SLK and most likely fetch a much higher price. Not everyone is going to want to pay a premium when SLK will be available at a most likely lower price. Consider the analogy of gold and silver. Not everyone can afford gold so they buy silver. Yes it has a lower price but that doesn't make it "useless". On top of that you will have more liquidity and also be able to swap in and out of both down the road if you want to... You need to look a a much broader picture and think of thousands of users using the network eventually, not just a handful... The users that catch on later in the process might not be able to afford to buy DRKSLK, so what would they turn to? SLK... All I am trying to point out is 2 coins makes this system perfect and gives people options... I don't know about you, but I like it when there are options. It will also keep the currencies in a good ratio... Think a forex exchange as well. Of course both currencies will fluctuate, but then you also can exchange the 2 and make a profit from that fluctuation. Everything sounds nice and so on and Im ready to invest but I want to know what it would benefit me doing so. And people not being to afford DRKSLK, then why would they be able to afford SLK? I dont see how thats going to make people buy SLK just because DRKSLK will cost more. People will take the money they got and buy less coins of DRKSLK instead of SLK if SLK doesn't have a good use/benefit to it. EDIT: And yes, I might not see the full picture but Im trying ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Just use the analogies of gold and silver, Bitcoin and litecoin... People still use litecoin right? Ask yourself why? Same reasons people will use DRKSLK and SLK... Difference is, both DRKSLK and SLK are tied into a market... Bitcoin and litecoin aren't even attached to anything, yet people still use litecoin... Why?? Same reasons people use gold and silver. It's all relative but in this case a market ties them together. I'm sure the dev has other plans tied into SLK as well. But still you can potentially use SLK in many ways, using it to trade, using it for the market, using it to hedge against DRKSLK if you hold a position... Some of the many ways it could be used. Again think outside the box. I think the differientiating between btc and ltc is a step in the right direction. Come to think of it the blockchain size of btc might not ever be changed and im in favor for this decision. The multitude of transactions will go to coins like litecoin while the large transactions go to btc, BTC just isnt something the consumer should use. Given a predicted price increase of btc the transaction do not need to go up, only the fiat equivalent analogue to gold and silver. Again btc is not suitable for consumer use, its an investment asset hijacked by a low income populous. How does this play into DRKSLK/SLK i have no clue ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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How will the 'crowdsale' work, and when will it occur? Will it all happen via weaver? Will DRKSLK be priced arbitrarily(for crowdsale) or will it depend on SLKs market price at the time(or something else)? Will SLK holders still get a better rate(initially) over BTC buys? If so how will that work, as a timed thing or a volume thing or a weaver account id/wallet address thing? [such exotic, much blend] ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs-media-cache-ak0.pinimg.com%2F736x%2F42%2Ff4%2F4a%2F42f44a8cb0445e6b86f99168accaed05.jpg&t=665&c=nnbOQXTaCZNoDg) There will be a lot going for SLK don't be worried. Rather use DRKSLK to swap to SLK if anything else ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Im sorry i bELIEVe i misunderstanded your post. Maybe you pgp are asking same questions as me. You know the first silkcoin many thouasands of btc investors disrespected and left away from here. So the truth always need known or else the btc will not be returned
Yes we are saying the same thing. There isn't a marketplace yet because darksilk isn't done yet. Once done, it will finally be completion of what the community bought into. Then we can move on with getting people back into silk. Trak you should read the white paper. It explains questions you have. https://t.co/qgsO4yV0rLThe whole project is solid, don't get me wrong. My post kinda comes across fud'y. I am just a long time holder of silk, so I just wanted to know how the project is adding value. I really empathize in your frustration but you must understand that not all things can be made known upfront. I too am long time holder of Silk, but havind hold on for so long I would not dare to dismiss this project as a whole and thus Silk in particular. The developer continually reiterated that Silk will be encorporated as a crucial component of the Silk Network, trust should be placed on that notion. If that is not enough then wait for DRKSLK but if SLK ends up being more then just a coin you might have lost your position. This call is for investors to make, something about judging a book by its cover i think... Well, it should say what use SLK will be, why would anyone hold the coins if we cant know what use they will be for more then swaping coins? Makes no sense to hold that back if thats whats happening. SLK has not been re-released yet an SLK is not really necessary for swapping coins. The weaver can swap DRKSLK to BTC and vice versa perfectly without it. To be blunt no one is required to say a thing, if the dev wants to implode their own coin they have the right to do so. But not giving information for a tid bit longer will not have that effect. The price is correcting from the tremendouse increase that has happened in the past week/months. So yeah they are holding back but all will be known before you're actually able to use it im sure. Relax and hold tight is what i would advice.
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Im sorry i bELIEVe i misunderstanded your post. Maybe you pgp are asking same questions as me. You know the first silkcoin many thouasands of btc investors disrespected and left away from here. So the truth always need known or else the btc will not be returned
Yes we are saying the same thing. There isn't a marketplace yet because darksilk isn't done yet. Once done, it will finally be completion of what the community bought into. Then we can move on with getting people back into silk. Trak you should read the white paper. It explains questions you have. https://t.co/qgsO4yV0rLThe whole project is solid, don't get me wrong. My post kinda comes across fud'y. I am just a long time holder of silk, so I just wanted to know how the project is adding value. I really empathize in your frustration but you must understand that not all things can be made known upfront. I too am long time holder of Silk, but havind hold on for so long I would not dare to dismiss this project as a whole and thus Silk in particular. The developer continually reiterated that Silk will be encorporated as a crucial component of the Silk Network, trust should be placed on that notion. If that is not enough then wait for DRKSLK but if SLK ends up being more then just a coin you might have lost your position. This call is for investors to make, something about judging a book by its cover i think...
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I think there was talk of an ICO. When will this be going on if so? That along with a coin swap, what would be the swap ratio? 1:1 Etc.
Could someone answer my questions? Thank you The old Silkcoins will be swappable 1:1 for the new Silk SLK. This will happen 1 month prior to the DarkSilk DRKSLK ICO. When will DarkSilk be released? When its done! There will be two sets of coins SLK and DRKSLK, the benefit of heaving two independent coins instead of just one has yet to be disclosed. There are no set dates to ensure development is not hastened by community pressure. Okay thanks for the feedback. – – There will be two sets of coins SLK and DRKSLK, the benefit of heaving two independent coins instead of just one has yet to be disclosed.. I'd be curious to know what the reason is. Instead of just doing an ICO. editedlikewise
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I think there was talk of an ICO. When will this be going on if so? That along with a coin swap, what would be the swap ratio? 1:1 Etc.
Could someone answer my questions? Thank you The old Silkcoins will be swappable 1:1 for the new Silk SLK. This will happen 1 month prior to the DarkSilk DRKSLK ICO. When will DarkSilk be released? When its done! There will be two sets of coins SLK and DRKSLK, the benefit of heaving two independent coins instead of just one has yet to be disclosed. There are no set dates to ensure development is not hastened by community pressure. Will DRKSLK be available as a 1:1 ratio with SLK for the ICO? No DRKSLK will be available at market price. You will be able to use the weaver to swap SLK for DRKSLK just like you would be able to use BTC for DRKSLK but DRKSLK will be priced by the market. DRKSLK and SLK are both independent coins and im looking forward to see them both thriving ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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I think there was talk of an ICO. When will this be going on if so? That along with a coin swap, what would be the swap ratio? 1:1 Etc.
Could someone answer my questions? Thank you The old Silkcoins will be swappable 1:1 for the new Silk SLK. This will happen 1 month prior to the DarkSilk DRKSLK ICO. When will DarkSilk be released? When its done! There will be two sets of coins SLK and DRKSLK, the benefit of heaving two independent coins instead of just one has yet to be disclosed. There are no set dates to ensure development is not hastened by community pressure.
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No pump and dump scheme recovered like this project as far as I remember: to me this could be the greatest achievement. I think that is giving value to silk
Funny that you mention this. Today I also thought about this project's grittiness. Consider the following TEDtalk: https://www.youtube.com/watch?v=H14bBuluwB8To add my opinion on grit: it is best stimulated by just acts or perceived justice. The future succes of the Silk Network is like vengeance on Silkcoins shady past.
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If I say BaaS, you say....
Now you are just teasing man ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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For those who have yet to invest in Silk be quick last cheap coins are going out fast!
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Might be smart to time the release with the start of Eth PoS. Lots of gpu's will need a home.
The smart time to release will be once the code is ready and everything is fully tested ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) +1 just like i said above.. "no empty promises or fancy roadmaps" Couldn't agree more! Agreed, at least silk/drksilk will work, and we won't have to wait through dev stages. It is nice to see a dev team that is dedicated to the end product. I guess where I was going is, the timing might be nice for miners with the drksilk release date looming. And the end point of other PoW stages on the horizon. Any info on which gpu's hash better? Also, about the market place. Who decides what can and can not be sold? Are restrictions going to be placed, or is it a un restricted market place? One more, how does silk work within the network? Is it just going to be used for speculation and trade alone, or is it used as a fee or payment within the network also? This might have been covered already, but i've only gone back 70 odd pages in this thread. I will also add that i've been with silk since day one. I still kept a working wallet staking the whole time. The community support is here, we just want to see some thing like we all envisioned as early adopters, 2 years ago. Lost my own money on the livechains collapse, along with the silkpool. If there is a need I have kicked around the idea of opening another pool, or investing further into things. Just needs to be support for it. No sense loosing more money. Why this relaunch can work is because Silk network as a company is making money from nodes and weaver accounts. It doesn't rely on the sale of donated or pre mine coins to sustain. It's a more sound business model than most coins. I am sure fee's and memberships can be tweaked as silk matures. Very bright future for silknet. I've been here since summer 2014, the trust in this project from talking with Arteleis more than carried over to Spencer. This project is a rockstar! Indeed there is a business model to it, profit just is important and Spencer understands this. Don't worry about SLK, it will have full backing from the project as a whole. Many might be tempted to swap Silkcoin->SLK->DRKSLK by lack of clearity surrounding SLK, but it will be rather hard to get more new.silk once prices rise. Last night Silkcoin hit 718 sat and fomo on the market has not even started, with a $100k market cap just imagine what will happen. Warning: The bagholder mentality of selling Silk with profit to enter DarkSilk is not necessarily the winning strategy. Buy more of either is lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Could you help me with a couple of questions please.
With the decentralized market, will it be possible to pay for goods using Silk or will it be DarkSilk only?
With Silk being accepted as payment for Weaver services, how will the USD to Silk rate be determined? Will it simply be based on the current Silk/BTC rate on exchanges?
Thanks.
From my understanding the market place will be DarkSilk only. The USD to Silk rate will be determined based on the current Silk/BTC rate on exchanges. But these are not really your questions i think. The main theme underlying you questions is why consider Silk, will it be worth the risk of an investment. To this i would say yes! Whatever happens to Silk you can be sure that it won't be just an apendix. Have trust in the developers, have trust in the weaver, have trust in both of the complementary coins. Thanks. You're right in a way, but it's not that I'm considering investing. I had some originally and invested in more when Spencer first began posting as SCDeveloper and was saying things like: DarkSilk is an entirely new coin with the opportunity for Silkcoin investors to buy in below the market price upon launch and continuously throughout its existence. However, if the USD to Silk rate is determined by the rate on exchanges then Silk investors pay the exact same as everyone else. That's fine, it's obviously their prerogative to go back on that, but it almost feels like a cruel joke that the Silkcoin thread's been used as a de factor prelaunch thread when practically all of the development work and exciting new features are going into DarkSilk. My point is, aside from at least giving us a functional chain by cloning BLK, nothing being proposed gives anyone an incentive to invest in Silk itself, nor gives it any more value. If you get the same rates for Weaver services with BTC as Silk, why bother with Silk? It feels a bit like this has just been glossed over. Is Silk only being included as a token gesture or in order to fulfill some past commitment? Or is it as Orestes believes, after you've finished with all those exciting new features for DarkSilk and DarkSilk's tesing and DarkSilk's launch will Silk be further developed? My last commit to Silk was three days ago. Watch-Only, MultiSig Addresses, CheckLockTimeVerify and more. The new Silk is not just a send and receive coin. But obviously it is hidden snuggly away in a sand dune where no prying eyes can fork it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Silk, DarkSilk and Weaver are integral to each other. The system itself is almost like a feedback loop, self perpetuating. A lot of thought has gone into this. On top of that and the foundation of code we will be begin with, the growth, development, direction and improvements to Silk and DarkSilk will be continual. There is also no reason why we cannot sell DarkSilk at a better rate for SILK than for BTC in the crowdsale... Also with the marketplace in DarkSilk, payments for goods will be accepted in SILK as well as DRKSLK.
If not a better rate SLK for DRKSLK in crowdsale maybe we can do an "introductory rate" for a limited time in the Weaver? i think this will lead upto a mess. buy cheap, sell low-->loop deleted idea, and post. I also think we need to keep things simple. Let SLK be SLK and DRKSLK be DRKSLK no need to hybridize. That the community has some uncertainty about SLK is understandable but it should not determine decision making. To accept SLK in the marketplace to me is already a stretch because a product needs to be based on a single value, then through an exchange rate it could be expressed in another. Its like paying in USD in a EUR market, or bringing assets to pay for goods instead of money. Sure it removes the need to swap on an external location and it will tie the coins closer together but at the same time you get more of the same and might lose distinguishness. Maybe we end up with totally different price patterns, that way the marketplace might get really confusing. Whats the price in SLK or DRKSLK? Can I find an economic advantage? From a user's perspective things will be less clear.
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Could you help me with a couple of questions please.
With the decentralized market, will it be possible to pay for goods using Silk or will it be DarkSilk only?
With Silk being accepted as payment for Weaver services, how will the USD to Silk rate be determined? Will it simply be based on the current Silk/BTC rate on exchanges?
Thanks.
From my understanding the market place will be DarkSilk only. The USD to Silk rate will be determined based on the current Silk/BTC rate on exchanges. But these are not really your questions i think. The main theme underlying you questions is why consider Silk, will it be worth the risk of an investment. To this i would say yes! Whatever happens to Silk you can be sure that it won't be just an apendix. Have trust in the developers, have trust in the weaver, have trust in both of the complementary coins.
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