Bitcoin Forum
June 23, 2024, 10:21:04 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 »
461  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 03:50:56 PM
Moreover, Evan announced a fix for the masternode payment issue around that time too.

Yes. That did cross my mind and could have contributed. But a code fix and a major fiat gateway are kind of leagues apart in terms of long term valuations.

b.t.w. I didn't mean to bite your head off in my last post. Should have previewed it and apologise if I was a bit antagonistic there.


Except that previously, the expectations about masternode payments drove the value almost to 0.03.
No offense taken btw.
462  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 03:33:20 PM
a big assumption, but IMO there is currently less day trading going on with Darkcoin than with other alt coins. Moreover, with the last "dump" there are now more investors who are in for the long term, and less weak hands. Therefore, a rise is not necessarily followed by a correction, at least not for those values.

I haven't assumed anything. I've OBSERVED that a chart which had been behaving absolutely normally for the best part of 10 days suddenly doubled back on itself for no apparent reason other than the fact that it coincided with a barrage of rumours and screenshots about DRK on Bitfinex.

[...]


The "big assumption" was what I said after ... Hence the "IMO".

Moreover, Evan announced a fix for the masternode payment issue around that time too.
463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 02:43:01 PM
That's pessimistic and I don't see why a correction was due. Never know with Darkcoin.

It was due in the sense that day traders buy and sell on cycles. In particular the 4 hour chart - which has a period or about 2 days for DRK - is a favourite for them to buy in and dump on.

Yesterday was a clear dump opportunity as far as that cycle went. Around midday Sunday it was clearly heading down but it balked just as it was about to turn over. May be just co-incidence but it happened right when people started posting all those screenshots of the DRK market on Bitfinex.

All I'm saying is that that is a fairly huge rumour now that will backfire quite significantly if it turns out to be no more than that. You start rumours like that and it basically becomes fact quite quickly. Then when the truth behind it emerges (e.g. there are no plans at all to incorporate DRK) you end up doing more damage than you would have just by shutting up.


That's a big assumption, but IMO there is currently less day trading going on with Darkcoin than with other alt coins. Moreover, with the last "dump" there are now more investors who are in for the long term, and less weak hands. Therefore, a rise is not necessarily followed by a correction, at least not for those values.
464  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 02:24:21 PM
0.0226 - 0.0228
465  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 02:22:08 PM


No can't be sure but that was my prediction thought I would test my chart analysis.. so far is holding true. Don't panic sell over that make you're own call

Chart analysis with Paint ?
466  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 02:20:19 PM
It has to blast through the 22 now, otherwise we have a "problem".

there you go lol

0.02250000 on Mintpal... Nice !
467  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 02:16:59 PM
I hope you people talking up the bitfinex stuff realise that this now HAS to happen otherwise we'll have a crash on our hands.

This development has now been getting slowly priced in over the last 24-48 hours, in particular regarding the fact that a correction was due yesterday that didn't occur - the price went up instead.

That's the price of jumping on these kind of rumours.

The rumour will be bought and the news will be sold. When bitfinex come out and state that periodically run viability tests on their new API functions using a variety of tickers but currently no plans to add any alts then that's going to trigger a good old dump.

Just saying'. Watch what you talk up.
 

That's pessimistic and I don't see why a correction was due. Never know with Darkcoin.
468  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 12:08:32 PM

I think they were talking about the max number of tickets per Masternode not the minimum block reward^^

lol NVM speed reading "mining" and "5" => "minimum block reward"  Cheesy
469  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 12:02:45 PM


I can't find the exact post, but I remembering Evan saying there would be a limit of 5.

I think he hasn't committed to any number yet.

http://wiki.darkcoin.eu/wiki/FAQ#How_many_Darkcoins_will_be_issued_in_total.3F

Quote
Unlike the number of Bitcoins in which the number is known in advance, Darkcoins have a maximum theoretical limit of approximately 21.3 million coins by 2050 with a slow issuing curve. However the real number of coins can be reduced to something like 16 or 17 million coins in case the hashrate of the network brings the mining reward lower in the near future.

Initially the plan was to have a theoretical limit of approximately 84 million coins, however due to the initial block reward formula which was aggressively diminishing block rewards without a minimum reward set, it would be near impossible to have more than 10 million coins issued.

Minimum block reward is now set at 5 DRKs per block and instead of using block halving every 4 years, Darkcoin employs a far smoother 7% annual decrease in coins issued per block. The minimum block reward was achieved on May 15th 2014.

Bottom line answer is: The theoretical maximum is close to 22mn but in practice we might not see more than 16-17mn coins due to tremendous difficulty increase very early in the coin's life.
470  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 03:21:07 AM
Evan's reply.

https://bitcointalk.org/index.php?topic=627349.msg7073643#msg7073643


Quote

Thanks for the questions. It does seem like you're missing something. Although, it might not be your fault. The whitepaper is definitely out of date. We've done a lot of work at tweaking the trust model so that it can't be exploited. I'll try to explain how it works briefly, then hopefully if I get time I can revisit the whitepaper soon.

- Masternodes don't have any power over the transactions. They just coordinate the signing. All parties must sign in order for the transaction to be valid. So there's no way to cheat and take the money.
- Users submit collateral. At a later phase if a user doesn't provide the signature as agreed, the transaction will fail. Without colateral this could be done over and over bringing the system to a halt.
- Masternodes have the ability to take the collateral transaction if they wish, but it's paid to the bounty fund. So it doesn't benefit them, it just benefits the community. This removed the incentive to cheat and take the money.

There's no relying on pools at all anymore. Payments to masternodes are done with a voting system embedded into the blockchain. It would take 51% of the mining power to pay the wrong masternode, or another party (because the last few miners to solve blocks must agree on who should be paid)

Transaction currently require 3 parties to be created, so there's a short wait. There are no fake transactions to make that quicker, although this could be done. There's usually 5 or so transaction per 2.5 minutes, so the network should be able to function pretty efficiently under these requirements.

Hoping that helps . Thanks,

Evan


Good reply !
471  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 02, 2014, 12:40:47 AM
Let's not create issues that are not really there (QC). IMO One step at a time.
472  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 09:34:28 PM
Without IP obfuscation, you are identifiable, so he is right. IP obfuscation is an essential component of privacy/anonymity, not just a "bonus". Yes, sure, blockchain transactions will be a fog, but IP analysis can give you away.

It wasn't so much that, it was a moderator giving technical opinions, in public, on traded currencies on their own exchange

That could be seen as influencing the market...good or bad impact on a traded asset, that sort of thing shouldn't happen. Need mods, to mod the mods.

Actually, as I read what he wrote, it's saying "if you are an idiot and don't follow best practices, or send money to a third party that knows you, then it won't be anonymous". Which is like "no shit Sherlock" Tongue He's not FUD'ing that much. I think what he wrote is near the confines of truth.

However he overestimates his technical capacity. If someone DarkSends him something with IP obfuscation and tell him "ok where did that come from", he'll have an issue tracking it.


The cryptsy guy talks about the IP that can be seen when you go on the third party website. Nothing that complex.
Moreover once mixed (first pool) I don't think that the transaction keeps the original data.
473  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 09:23:13 PM

They are broadcast over the network, so... one can "listen" and keep track.

The cryptsy guy talks about the IP that can be seen when you go on the third party website. Nothing that complex.
Moreover once mixed (first pool) I don't think that the transaction keeps the original data.
474  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 08:11:18 PM
We need a statement from bitfinex staff, have they said anything regarding DRK? Any timelines, any explanations for DRK markets temporarily showing up?

They will in due time. The fact that DRK appears in their site is good enough for now (Sunday).
475  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: June 01, 2014, 04:08:34 PM
http://www.reddit.com/r/BitcoinMarkets/comments/27158u/bitfinex_is_going_to_list_drkbtc_and_drkusd_very/

I'm getting ready to pull out,. If DRK gets enabled for margin trading I'm done.

Any arguments about why you want to pull out ? You sound so dramatic ...
476  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 02:29:09 PM


*edited
477  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 01:47:36 PM
478  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 05:17:59 AM
To anyone helping with the forking issue on testnet:

Can you please search your debug.log for "CheckBlock()", if you have any occurrence of that please send the log to evan@darkcoin.io

Thanks!

^ One of the reasons why I chose Darkcoin.
479  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 04:41:39 AM
WARNING!!
If you are under 25 years old or you have any heart disease, do not watch the LTC/BTC charts.

Too much blood.

Indeed...

BTC 666.69
LTC 0.01666

wtf Tongue

lol I went to check  Shocked
480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: June 01, 2014, 01:41:15 AM
holly mother of nodes....btc is rocking back to life

btc sees a 5x times rise from here, dragging everything along, drk at 5x from here is $55.....happy days.
I can see DRK at $50+ relatively soon but BTC at $3000? When the US bond market collapses, sure.

Tamas Blummer, Bits of Proof - Don't know
Jesse Powell, Kraken - $1,000,000
Prof Robin Reigland, Stockholm School of Economics - $1,300
Kirill Suslov, Tabtrader - $500
Johann Gevers, Monetas - $5,000
George Frost, Bitstamp - Can’t say
Anthony Gallippi, Bitpay - $1,160
Mary Beth Stanton, Heather Podesta and Partners - Higher than what I paid
Joel Gartner - $2000-$3000
Alakanani Itireleng, Bitcoin Botswana, $10,000
Jinyoung Lee Englund, Bitcoin Foundation - Not relevant
John Karamja, Whive, $2,000
J. Dax Hansen, Perkins Coie - No idea
Brian Klein, Baker Marquart LLP - Higher, but don't know where
Elizabeth Ploshay, Bitcoin Magazine - Doesn't matter
Thomas Voegtlin, Electrum - No comment
Joseph Cutler, Perkins Coie - Beginning to stabilize
Alexey Bragin - I am optimistic
Brian Fabian Crain, Epicenter Bitcoin - $2,000
Brian Armstrong, CoinBase - Going upwards
Lars Christensen, Saxobank - Don't know
Bobby Lee, BTC China - $500
Juan Llanos, Unidos Financial Services Inc - $500
Trace Mayer, Investor - really big
Laura Jeppson, Aoen Risk Solutions - $800
Dr. Marco Krohn, Genesis Mining - $2000-$3000
David Schwartz, Ripple labs - steady rise
Nahid Samsami, CoinBase - No comment
Erik Voorhees, Coinapult - $2,400
Rodrigo Batista, Mercado Bitcoin - $0 - $10000
Gavin Wood, Ethereum - $200-$800 or $900
Peter Todd, Mastercoin - between 0 and infinity
Mark van Cuijk, CoinQY - $2,000
Lasse Birk Olesen, Bitcoin Nordic - $4,000
Brock Pierce, Bitcoin Foundation - $1000-$5000
Gavin Andresen, Bitcoin Foundation - bigger than now
David Irvine, Maidsafe - more interested in what you can do with bitcoin
Ron Gross, Mastercoin  - a few thousand dollars
Roger Ver, Memory Dealers - in the long term is going to be higher
Frank Schuil, Safello - $2,000
Marco Santori, Nesenoff and Miltenburg - Bitcoin has the power to change the world
Alan Safahi, Zip Zap - $500
Andreas Petersson, Mycelium - No idea
Jillian Friedman, Bitcoin Legal - $800
John Light, Cambrian - $1,000
Jon Matonis, Bitcoin Foundation - Logarithmic growth
Steve Beauregard, Gocoin - $600-$800
Gregory Simon, Cryptowerks - 2-3 times higher than today
Ravi Iyengar, Cointerra - higher
David Orban, Dotsub - Price to climb
Michael Terpin, Social Radius - $1000-$2400
Ron Gross, Mastercoin - $4,000
Martijn Wismeijr, MrBitcoin - I don't know
Sam Cole, KnCMiner - $2000-$3000
Edward, Cryptonit - $1000 at least
Patric Stiller, Baytrade Group - $1500-$2000
Kevin Beardsley, Bitcoin Foundation - As long as the community keeps growing
Alan Reiner, Armory Technologies - I don't make predictions.

Average price is two thousand and seventy-two dollars.

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

BTC still rocking.....

A few have pointed out the authors of this review used simple averages. A median average was judged to be closer to ~$1,700. So dark may only get to ~$35-$45 this year  Grin

Interesting.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!