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3921  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 02, 2014, 02:41:56 AM
Quote
Actually there is no more halving at all. After 5000 difficulty the block reward hits the minimum of 5 coins per block and that is supposed to be the reward until all 84 000000 are mined. Which @ 1 million a year will take a long time. In 10 years there will just a hit more coins than what bitcoin has now, so how about calming down for everyone who is saying it's not scarce anymore?

Ok that's great then.
3922  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 02, 2014, 02:40:56 AM


There's more at stake than daily mining or who gets what. It's about future-proofing the coin so that it can have a clear and frozen number of max issuance where everybody knows how the game will play out, along with a timeline that will allow for smooth operation over a large time frame. The second component is critical as a clone could come and say "we are more future proof then darkcoin". Any of your weaknesses can be improved upon and rebranded to something better, so, knowing this, you do your best - leaving very few margins for improvement to uninventive copycats.


There are ways to future proof the coin that won't hurt early adopters like this change. Set the reward algorithm so that it caps out at something reasonable, say 10M after a set number of years. It should be us early believers who should be rewarded, the people who are actively contributing to the success of Dark.

Yes of course I agree it should cap but the period when this happens should be further in the future. Otherwise why would anyone mine after the capping? And if people don't mine, then how are you securing the network? You don't so you end up with a problematic network, unless the price is sooo large and transactions so many that miners can still make their expenses by mining transaction fees. That could happen, why not, but let's have everything covered either way.

As for the number of coins, 84m is good but I wouldn't object to a 21m scheme either - like BTC with a dark spin Tongue

If I were to  make a coin like this, I would have made no cap, kept constant growth because I think future adaptation of the coin will give it a lot of value, and making the coin mineable, even forever, will guarantee it's longevity.  The influx of coin into the system keeps it usable.  But my idea would probably fail because early adopters wouldn't make as much money and others would see it as a non-rare commodity.  But I think it would be more functional as a coin. (shrug shoulders)

This developer has a pretty good balance in my opinion.  There are many ways to skin a cat, none absolutely the best.  This coin has very good balance IMO.

Infinite/uncapped coins = bullshit coins. It's a no brainer. Just stick around and see what'll happen with EVERY SINGLE uncapped coin in a few months, including DOGE.
3923  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 02, 2014, 02:23:43 AM
I think I saw on the coins specs that the block reward is now halved at 2 years instead of 1
source?

https://github.com/evan82/darkcoin

What is DarkCoin?
DarkCoin is a lite version of Bitcoin using X11 as a proof-of-work algorithm.

Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
Block reward is controlled by moore's law: (11111 / (((Difficulty+51)/6) ^ 2))
CPU only mining
Block generation: 2.5 minutes
Difficulty Retargets every 576 blocks
84 Million Coins Max
Block reward halving every 2 years
Encrypted transaction network: Work In Progress
Anonymous blockchain using coinjoin technology: Work In Progress
3924  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 02, 2014, 02:20:30 AM


There's more at stake than daily mining or who gets what. It's about future-proofing the coin so that it can have a clear and frozen number of max issuance where everybody knows how the game will play out, along with a timeline that will allow for smooth operation over a large time frame. The second component is critical as a clone could come and say "we are more future proof then darkcoin". Any of your weaknesses can be improved upon and rebranded to something better, so, knowing this, you do your best - leaving very few margins for improvement to uninventive copycats.


There are ways to future proof the coin that won't hurt early adopters like this change. Set the reward algorithm so that it caps out at something reasonable, say 10M after a set number of years. It should be us early believers who should be rewarded, the people who are actively contributing to the success of Dark.

Yes of course I agree it should cap but the period when this happens should be further in the future. Otherwise why would anyone mine after the capping? And if people don't mine, then how are you securing the network? You don't so you end up with a problematic network, unless the price is sooo large and transactions so many that miners can still make their expenses by mining transaction fees. That could happen, why not, but let's have everything covered either way.

As for the number of coins, 84m is good but I wouldn't object to a 21m scheme either - like BTC with a dark spin Tongue
3925  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 02, 2014, 02:10:36 AM
Why was the coin changed from being scarce to more common? I'd prefer the old cap of around 10 million. What does the new cap do, other than limit the potential value of our coins?  As it stands, it makes more sense to dump these coins once they get a little more hype. I really hate when devs pull this sort of shit. Bought my coins a few weeks ago , expecting to be part of a relatively rare coin, now they become 5x + more common? Great way to reward the people who believed in you, dev. Not all of us have the space to mine so this change is a big fuck you to all the non miners investing in Dark.

I know that I'll still profit, but with this dilution, I guess I'll have to start day trading. Dump after a big rise, buy back later once it drops.

Total market cap was initially 84M as it is now.

I think I saw on the coins specs that the block reward is now halved at 2 years instead of 1, so that would still be lower than 84m. Kind of solomon's solution to the problem of 10m vs 84m? The devs can explain it perhaps.

If it's at 2 years, someone do the math for 2 years. I think it's best to fix the number right now and forever, freezing it there for eternity so that no problem regarding inflation/deflation will arise in the future. These things tend to shake investor confidence. However I think what we also have to examine the incentive for mining. We don't want the coin to have no miners, in say, 10 years - that would be bad for the network and I'm sure that no matter how much an investor likes a scarce coin, they wouldn't want to hold a coin with a problematic network either.
The number of coins shouldn't affect the market cap, and thus it shouldn't affect whether a coin will have miners. Miners efficiently assort themselves among the various coins based on how much they make per day mining each coin. As long as a coin has value, miners will mine it. The only thing being decided here is who gets the value from the coin, early adopters who worked tirelessly to promote a coin and believed in it from the start, or opportunistic miners who don't care if they mine dogcoin, catcoin or shitcoin, as long as they get the best return?

There's more at stake than daily mining or who gets what. It's about future-proofing the coin so that it can have a clear and frozen number of max issuance where everybody knows how the game will play out, along with a timeline that will allow for smooth operation over a large time frame. The second component is critical as a clone could come and say "we are more future proof then darkcoin". Any of your weaknesses can be improved upon and rebranded to something better, so, knowing this, you do your best - leaving very few margins for improvement to uninventive copycats.
3926  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 02, 2014, 01:51:21 AM
Why was the coin changed from being scarce to more common? I'd prefer the old cap of around 10 million. What does the new cap do, other than limit the potential value of our coins?  As it stands, it makes more sense to dump these coins once they get a little more hype. I really hate when devs pull this sort of shit. Bought my coins a few weeks ago , expecting to be part of a relatively rare coin, now they become 5x + more common? Great way to reward the people who believed in you, dev. Not all of us have the space to mine so this change is a big fuck you to all the non miners investing in Dark.

I know that I'll still profit, but with this dilution, I guess I'll have to start day trading. Dump after a big rise, buy back later once it drops.

Total market cap was initially 84M as it is now.

I think I saw on the coins specs that the block reward is now halved at 2 years instead of 1, so that would still be lower than 84m. Kind of solomon's solution to the problem of 10m vs 84m? The devs can explain it perhaps.

If it's at 2 years, someone do the math for 2 years. I think it's best to fix the number right now and forever, freezing it there for eternity so that no problem regarding inflation/deflation will arise in the future. These things tend to shake investor confidence. However I think what we also have to examine the incentive for mining. We don't want the coin to have no miners, in say, 10 years - that would be bad for the network and I'm sure that no matter how much an investor likes a scarce coin, they wouldn't want to hold a coin with a problematic network either.
3927  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt on: March 01, 2014, 11:26:39 PM
Top10 of coinmarketcap ordered by volume of transactions:

Bitcoin   $ 7,058,374,772   $ 566.36   12,462,700 BTC   $ 20,499,734   +2.07 %   
Litecoin   $ 357,153,162   $ 13.65   26,155,604 LTC   $ 3,768,802   +2.36 %   
ProtoShares   $ 12,165,037   $ 7.83   1,553,593 PTS   $ 2,161,104   -45.77 %   
Dogecoin   $ 58,643,774   $ 0.0011   55,536,275,103 DOGE   $ 1,248,267   -1.81 %   
Peercoin   $ 70,513,788   $ 3.33   21,189,257 PPC   $ 372,419   -0.46 %   
MaxCoin   $ 2,515,579   $ 0.39   6,377,472 MAX   $ 352,829   -18.16 %   
DarkCoin   $ 3,280,070   $ 0.93   3,523,954 DRK   $ 251,777   +73.63 %   
Namecoin   $ 27,611,074   $ 3.38   8,162,142 NMC   $ 233,358   +3.03 %   
Mintcoin   $ 2,490,843   $ 0.00014   18,163,216,955 MINT   $ 192,581   -14.12 %   
Auroracoin   $ 166,860,467   $ 15.75   10,594,751 AUR   $ 163,204   -14.25 %   

As I said yesterday: "the money flow"...


3928  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | KGW | No Premine on: March 01, 2014, 08:40:16 AM
Btw, the block explorer still has references to XCO and the old logo.

For example: http://explorer.darkcoin.io/address/XjsMz3qQUiRRTe6vTYcaHHbyHwV3yDdBik

Btw, I am curious to see how the block explorer operates with DarkSend transactions... what would it show...

I also had a thought on what would happen if a 51% malicious attack tampered with DarkSend transactions on the network. Would the problems be any different than tampering with casual transactions or could this lead to uncalculated consequences? Just throwing possible ideas around for bulletproofing...

3929  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | KGW | No Premine on: March 01, 2014, 08:34:06 AM
Darkcoin also resistant to multipool.
This is a very important quality which have to be declared at the title of the topic and on the website.


The fact that its diff algorithm really help with that too
A completely newbie question here, but can anyone explain please what a multipool is, and in what way it differs from a 'regular' pool, and why it is important/relevant to be resistant to it?
If I do not understand these fundamentals, I expect that many average joes will not understand such titles either. thank you.

Multipools hop between coins and mine the most profitable one at any given time. The idea is to sell for BTC.

The trouble comes about because they're huge (10+ GH/s) and when they hop onto a tiny coin, the difficulty spikes for that coin. Difficulty is how long it takes to solve blocks, i.e. make the network progress over time. Eventually the multipool hops to another coin and leaves the old coin with a huge difficulty. The small mining community has a hard time progressing and is basically "stuck".
Got it !!!
thnx.
one last question - when you say a multipool jumps with all its hash power from one coin to a 'more profitable' coin, does the pool take into account [automatically that is] the trading volume of that 'profitable coin', or only its last traded price?
thanks again.

It depends if the multipool operator has included such parameters on his setup. I've seen multipools taking the bait from troll-offers that make a coin appear more profitable to mine than it actually is.
3930  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: March 01, 2014, 04:55:16 AM
Quote
I'm selling.  Doubled my money from purchase this morning.

The price on Mintpal and Cryptsy is going back down steadily.  

Which coin has more potential in the top 25?  I don't care which alt coin you pick...thats just a stupid comment!  Bitcoin.  Ill take bitcoin for most potential.

In terms of potential, you have to account for the money flow.

The chance of some bitcoin holders wanting anonymity and thus bitcoin capital flowing to anonymous alt-coins is a serious "possibility".

Personally I think BTC will try to remain "transparent" as to evade banning. The letter of the foundation to Congress etc said something like "hey everything is transparent" etc etc... I don't think they'll change that at BTC. So... When you have one option (transparency), you have 100% marketshare. When a second option is presented (anonymity), you can only lose marketshare versus the new option. It's like when a monopoly on something gets real competition. Its inevitable that some "clients" will move over to the new option. This translates to capital moving from BTC to DRK or anonymous clones, which in turns means, oh well, I don't have to break that down. That's why there's no need for spamming, charities and bullshit of this type. The money will find its way. It tends to do that pretty fast actually.
3931  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: March 01, 2014, 02:08:10 AM
The rise has begun.

The only "green" coin in the top25 of coinmarketcap, except aurora. Everything else is a bloodbath.
3932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: March 01, 2014, 01:55:35 AM

Are there any foreseeable dangers for the mainnet by the beta and darksend going live?


Ok, I cleaned it up.....

What kind of dangers are you thinking of?  Don't understand?  You mean, will people be in danger of losing their coin?

From trivial things, like wallets having problems, or to more serious issues like network forking or coin multiplication bugs (?) - I have no idea how the code works, so, I'm just asking to see if the added functionality can introduce problems. If not, then beta here we come Cool
3933  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: March 01, 2014, 01:42:22 AM
Testing went fantastic. We all decided we're ready for public beta on mainnet, so I'll be releasing executables some time this weekend!


Are there any foreseeable dangers for the mainnet by the beta and darksend going live?
3934  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: February 28, 2014, 10:44:24 PM
DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying:
"DarkCoin is digital cash."

+1

But that's why I think its better to call it D-coin or something else (not related to dark)
New people will think that darkcoin is related to illegal things and thats not the intention, idea of it. Maybe it will scare/put off (I don't know the right word) some people...No?

I tend to agree with this.  The name itself will be the reason darkcoin is never widely accepted by, er, "normal" people (also can't think of the right word sorry).  It doesn't matter how great it is, give it a shady or evil sounding name and it's doomed.

The name is irrelevant, Bitcoin was not adopted because its name but more so because of libertarian values and adopters/enthusiasts being aware of what is going on the economy/banking. If dark can provide anonymous "dark" transactions it could be called purple unicorn coins for all I care.. Dark is good branding for people in the know ie tor darknet stuff. If joe blow isn't aware of what dark means he will soon enough.. with every Snowden leak or bullshit passed law/corrupt lawless judge's decision is making people more aware. It is like built in marketing because we all know what governments agenda is just like how cypress bumped up bitcoin.  

 I could give 2 shits about branding and market cap. Freedom is where it's at, make a coin that facilitates free commerce even silk road style commerce that bypasses bullshit laws and market cap & awareness will take care of itself. Makes me wonder why people are here promoting an anonymous coin if they care about mainstream perceptions.. perhaps cat coin is the better choice for them.  

+5000

We live in a disgusting tyrannical era of financial enslavement. Period. I just wish bitcoin had ZERO value/tradeability for fiat as it is, these scumbags will just run the printing press and corner us that way. If the U.S. Dollar / insert other real life scamfiat had any real value, distribution, or any fairness whatsoever in earnings without taxes raping all of it and more, crypto wouldn't be as big as it is right now. Stop worrying about what the sheep think.

As a side note: The establishment won't use the printing press to acquire the BTCs they need (to control the price and the alt-coin ecosystem). BTCs are very scarce. 1 BTC corresponds to ~500 ounces of gold or 15kg (12mn btc vs 180.000 tons). If you were to increase your holdings by buying your way to a larger share of the pie, the price would skyrocket. People would then say "whoa, look at Bitcoin" and thus would go along with the pump, making the difficulty of the establishment even larger, and Bitcoin would be a "smash" for making people rich. It'd be better than the lottery.

They'd rather do it through shady deals with hackers and exchanges, FBI raids, or by playing the political decisions/news game through which they can artificially crash the currency for a short while to buy their positions from panic sellers. They take the decisions, they show the news etc so from that point onward it's a simple process to exploit the traders addiction to the latest news. They do these stuff in cycles, taking chunks of the pie at each cycle. Additionally, when they are crashing the price, they create negative psychology for the people involved, instead of positive that would be the outcome of buying their way up and raising the prices. That is an essential component of their strategy because, otherwise, even if they paid 100 bn to acquire the majority of BTCs, people would then go to alternative coins as the new eldorado - exactly what happened on November-December of '13. So the establishment would then have to keep up into buying the other currencies as well, making every single alt-coin a "sure hit" because they'd have to buy into it with a large percentage. And they won't do that, no. It's better to play the crashing game, the hacking game, the confiscation game etc.
3935  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: February 28, 2014, 09:48:36 PM
What happened to the pump last night?  Just keeps going down.

I think, given the MtGox situation which became official, there is a pull from altcoins to BTC as a salvage operation. It's possible that some investors only have BTCs which were in altcoins as part of their diversification, and perhaps, these invested BTCs were the only thing they've got right now.

The following is from coinmarketcap relative to BTC

3    Litecoin   631,544 BTC   0.02418 BTC   26,122,054 LTC   10,567 BTC   -4.46 %   
4    Auroracoin   340,364 BTC   0.03214 BTC   10,591,226 AUR   978 BTC   +128.36 %   
5    Peercoin   127,243 BTC   0.006007 BTC   21,184,127 PPC   588 BTC   -4.93 %   
6    Dogecoin   106,826 BTC   1.937e-06 BTC   55,152,324,290 DOGE   2,764 BTC   -6.16 %   
7    Nxt   81,003 BTC   8.1e-05 BTC   999,997,986 NXT*   142 BTC   -4.94 %   
8    Mastercoin   49,623 BTC   0.08811 BTC   563,162 MSC*   7 BTC   -9.96 %   
9    Namecoin   48,431 BTC   0.00594 BTC   8,153,492 NMC   686 BTC   -1.69 %   
10    ProtoShares   40,014 BTC   0.02578 BTC   1,552,285 PTS   1,998 BTC   -3.42 %   
11    Counterparty   22,249 BTC   0.0084 BTC   2,648,736 XCP*   63 BTC   +6.71 %   
12    Quark   22,086 BTC   8.919e-05 BTC   247,620,114 QRK   218 BTC   -3.54 %   
13    Feathercoin   13,950 BTC   0.0004003 BTC   34,852,450 FTC   94 BTC   -3.02 %   
14    Megacoin   13,586 BTC   0.0006072 BTC   22,373,400 MEC   170 BTC   -1.37 %   
15    Primecoin   12,580 BTC   0.002728 BTC   4,610,911 XPM   184 BTC   -6.83 %   
16    Infinitecoin   12,377 BTC   1.371e-07 BTC   90,276,565,517 IFC   171 BTC   -4.84 %   
17    Novacoin   9,741 BTC   0.01354 BTC   719,293 NVC   77 BTC   -5.02 %   
18    WorldCoin   8,975 BTC   0.0001927 BTC   46,568,320 WDC   234 BTC   -1.23 %   
19    Vertcoin   6,869 BTC   0.003164 BTC   2,170,750 VTC   201 BTC   -0.77 %   
20    MaxCoin   5,548 BTC   0.0009126 BTC   6,079,392 MAX   474 BTC   -12.39 %   
21    YbCoin   5,331 BTC   0.004792 BTC   1,112,605 YBC   123 BTC   -4.12 %   
22    Mintcoin   5,280 BTC   2.922e-07 BTC   18,067,476,076 MINT   721 BTC   -31.43 %   
23    Devcoin   3,625 BTC   5.672e-07 BTC   6,389,970,050 DVC   30 BTC   -3.92 %   
24    Tickets   3,508 BTC   5.246e-08 BTC   66,876,281,414 TIX   47 BTC   -5.56 %   
25    DarkCoin   3,456 BTC   0.0009848 BTC   3,509,427 DRK   110 BTC   -0.03 %   
26    Zetacoin   2,793 BTC   1.744e-05 BTC   160,157,482 ZET   40 BTC   -0.90 %   
27    Digitalcoin   2,670 BTC   0.0001952 BTC   13,676,401 DGC   56 BTC   -3.81 %   
28    Freicoin   2,630 BTC   6.804e-05 BTC   38,657,408 FRC   8 BTC   -3.70 %   
29    NetCoin   2,388 BTC   1.067e-05 BTC   223,873,786 NET   31 BTC   -9.59 %   
30    Ixcoin   2,304 BTC   0.0001251 BTC   18,413,810 IXC   1 BTC   +0.76 %   



Those percentages are all relative to USD.  

Numerous people have asked to peg those percentages to BTC when viewing the site in BTC mode.  The coinmarketcap.com site editor said he will fix it soon.

I think that would only affect coins which are actually traded in USD, like Litecoin which is a bit off at 0.02418, not coins traded exclusively in BTC as the USD calculation itself is based on the btc:altcoin ratio. Dividing and then multiplying by the same amount (to BTC => to USD => to BTC) gives the same result, so...?
3936  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: February 28, 2014, 09:19:53 PM
What happened to the pump last night?  Just keeps going down.

I think, given the MtGox situation which became official, there is a pull from altcoins to BTC as a salvage operation. It's possible that some investors only have BTCs which were in altcoins as part of their diversification, and perhaps, these invested BTCs were the only thing they've got right now.

The following is from coinmarketcap relative to BTC

3    Litecoin   631,544 BTC   0.02418 BTC   26,122,054 LTC   10,567 BTC   -4.46 %   
4    Auroracoin   340,364 BTC   0.03214 BTC   10,591,226 AUR   978 BTC   +128.36 %   
5    Peercoin   127,243 BTC   0.006007 BTC   21,184,127 PPC   588 BTC   -4.93 %   
6    Dogecoin   106,826 BTC   1.937e-06 BTC   55,152,324,290 DOGE   2,764 BTC   -6.16 %   
7    Nxt   81,003 BTC   8.1e-05 BTC   999,997,986 NXT*   142 BTC   -4.94 %   
8    Mastercoin   49,623 BTC   0.08811 BTC   563,162 MSC*   7 BTC   -9.96 %   
9    Namecoin   48,431 BTC   0.00594 BTC   8,153,492 NMC   686 BTC   -1.69 %   
10    ProtoShares   40,014 BTC   0.02578 BTC   1,552,285 PTS   1,998 BTC   -3.42 %   
11    Counterparty   22,249 BTC   0.0084 BTC   2,648,736 XCP*   63 BTC   +6.71 %   
12    Quark   22,086 BTC   8.919e-05 BTC   247,620,114 QRK   218 BTC   -3.54 %   
13    Feathercoin   13,950 BTC   0.0004003 BTC   34,852,450 FTC   94 BTC   -3.02 %   
14    Megacoin   13,586 BTC   0.0006072 BTC   22,373,400 MEC   170 BTC   -1.37 %   
15    Primecoin   12,580 BTC   0.002728 BTC   4,610,911 XPM   184 BTC   -6.83 %   
16    Infinitecoin   12,377 BTC   1.371e-07 BTC   90,276,565,517 IFC   171 BTC   -4.84 %   
17    Novacoin   9,741 BTC   0.01354 BTC   719,293 NVC   77 BTC   -5.02 %   
18    WorldCoin   8,975 BTC   0.0001927 BTC   46,568,320 WDC   234 BTC   -1.23 %   
19    Vertcoin   6,869 BTC   0.003164 BTC   2,170,750 VTC   201 BTC   -0.77 %   
20    MaxCoin   5,548 BTC   0.0009126 BTC   6,079,392 MAX   474 BTC   -12.39 %   
21    YbCoin   5,331 BTC   0.004792 BTC   1,112,605 YBC   123 BTC   -4.12 %   
22    Mintcoin   5,280 BTC   2.922e-07 BTC   18,067,476,076 MINT   721 BTC   -31.43 %   
23    Devcoin   3,625 BTC   5.672e-07 BTC   6,389,970,050 DVC   30 BTC   -3.92 %   
24    Tickets   3,508 BTC   5.246e-08 BTC   66,876,281,414 TIX   47 BTC   -5.56 %   
25    DarkCoin   3,456 BTC   0.0009848 BTC   3,509,427 DRK   110 BTC   -0.03 %   
26    Zetacoin   2,793 BTC   1.744e-05 BTC   160,157,482 ZET   40 BTC   -0.90 %   
27    Digitalcoin   2,670 BTC   0.0001952 BTC   13,676,401 DGC   56 BTC   -3.81 %   
28    Freicoin   2,630 BTC   6.804e-05 BTC   38,657,408 FRC   8 BTC   -3.70 %   
29    NetCoin   2,388 BTC   1.067e-05 BTC   223,873,786 NET   31 BTC   -9.59 %   
30    Ixcoin   2,304 BTC   0.0001251 BTC   18,413,810 IXC   1 BTC   +0.76 %   

3937  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: February 28, 2014, 07:07:38 PM


I tend to agree with this.  The name itself will be the reason darkcoin is never widely accepted by, er, "normal" people (also can't think of the right word sorry).  It doesn't matter how great it is, give it a shady or evil sounding name and it's doomed.

Not that I condone criminal activity, but to be honest, that is how bitcoins gained some traction. I don't think any rational person will see the name darkcoin and say, oh, I can't use that, as it's an evil coin used for bad things. If so, they wouldn't use bitcoins or any currency either. It's not like someone made a coin called devilcoin (although give them time, they are sort of running out of names)....

Bitcoin - litecoin - darkcoin    ... has a nice ring to it, and perhaps darkcoin becomes the copper to litecoin's silver. Although litecoin isn't doing particularly well either lately.

Darkcoin will become the dark side of li(gh)t-coin Grin
3938  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] SpartanCoin - Cryptocoin for the competitive world. on: February 28, 2014, 06:55:06 PM
Oὐδένα προσκυνοῦμεν ἄνθρωπον ...

<= and that's the more ancient version, right there, if you want to use it instead of Google Translate errors.

3939  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: February 28, 2014, 06:41:13 PM
Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.

Agreed. A Google News search for "Vertcoin" returns 97 results; "Darkcoin" returns 1.

...and despite that mist of DRKness surrounding the coin, it was ahead of both Vert + Max before the ccex incident.

It all has to do with the fundamentals. You go over the list of coins and they're all junk with very few exceptions like DRK. This alone attracts the attention of the right BTC holders. If people want to make a quick buck there is a ton of those shitcoins out there to pump and dump. Hype attracts the second type of crowd which is like the guy who was "oh it's droppiiiiiiing" and getting disappointed. Apparently there are plenty of coins that rise every single day -guaranteed- for like months, and which can sustain drops in value despite fracked up situations with exchanges (cough, Bitcoin, cough) so I figure he's heading for them  Tongue

3940  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant on: February 28, 2014, 06:19:01 PM
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.

The problem is there is not enough demand at the moment for the steady supply of fresh coins.

Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.

That might be actually intentional Smiley I have a similar feeling about Vertcoin btw, that the creators want to give themselves more time before they start the hype machine on full steam.

Without any hype right now, and with all the dumps because of the hack on ccex... it's hard for it to go up. Praying for darksend.

It's just a question of rational buying. Why buy from the dumper at an elevated price? We wait for him to get lower and then buy as much DRK we can with the fewest BTCs possible. When the dumps are over and the cheap supply is over the price has only one way to go due to the scarcity of daily supply / low daily inflation.
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