Just to inform you after around 13 hours my cryptsy DRK deposit has finally cleared....
Yep. Mine too. Cryptsy now leading a serious DRK correction. Possibly that last rally was boosted somewhat by people being unable to sell because they couldn't get DRK on the exchange. Guess 0.02 can wait a few more hours  |
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Why is no-one doing arbitrage between MintPal & Cryptsy? They've been around 5% apart for hours.
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I just wanted to point out that darkcoin does not need to be mainstream to have a market cap exceeding bitcoin. Here is why:
Anyone wanting privacy, tax minimisation or any other hidden activities will swap USD, Btc, Ltc etc into Drk then out again.
They might even choose to retain drk and only swap out when they need a mainstream currency.
Think about that.
Also, BTC may only remain fungible in practice as long as the governments allow it to be. If they decide to require "redlists" as they're increasingly requiring KYC, then which bitcoins you have makes a difference whether you choose to accept the reality or not. In contrast DRK is and will always be completely fungible. |
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Competition watch... Any comments on the new Zerocash paper and how it compares and contrasts with Darkcoin? Is it looking more or less of a threat to our rightful world domination? |
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Of course pretty stuff can wait, but the comment was about the gigantic instamine. That one mistake will haunt the coin forever. If the day comes that Darkcoin becomes the #1 crypto and worth a trillion dollar market cap they'll still be beating us with that stick on the TV news.
Every Proof of Work coin has an instamine. BTC was instamined on CPUs, too.... May as well complain that mosquitoes breathe oxygen and say you've made a point... Yup, it's true, mosquitoes breathe oxygen. So what? If the first 4500 mosquitoes to exist breathed about as much oxygen as has been breathed since, your comparison would make sense. Anyway, we've agreed it was an honest mistake & the coin still kicks ass. |
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but the comment was about the gigantic instamine. That one mistake will haunt the coin forever. If the day comes that Darkcoin becomes the #1 crypto and worth a trillion dollar market cap they'll still be beating us with that stick on the TV news One of the most balanced and informative remarks I've seen about that is this one here: Quote There can be no doubt that 50% ish of all current minting was taken by just a few people. The first few miners got the coins. That's a fact. What we disagree is the implication this had for purposes of "fair distribution" - as I was there when the coin hit the exchanges at prices like 0.0000x per DRK. Most instaminers didn't value their coins, thus allowing massive re-distribution at dirt-cheap prices. People don't generally value things they get in abundance. The main fallacy of the "oh drk scam" etc is that it implies that the distribution of the first 48hrs remained fixed for eternity, when coins were already changing hands hours after the first miners arrived. The fact the dev offered to do the airdrop, and i believe he was serious about it was enough to tell me he was not out just for quick profits but wanted his coin and hard work to go on to something bigger and actually return larger profits long term. The community forced him to go back on that. The community was asked and it replied. And, IMO, they took the fair choice as coin distribution was already a non issue. There was so much dumping in the start, plus so many waves of dumping from feb to april. By that point there was not much to "fix". The coins had circulated. I agree with that. I agree it was likely an honest mistake, and that the coins are much more evenly distributed now than the magnitude of the instamine would suggest. I'll even go further and say that the instamine will help the price skyrocket soon, because the daily inflation is now so low compared to the existing coin supply (which has suppressed the price up till now, until coins found their way to those who'll value them enough to not to sell them cheap). |
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implementing ring signatures will take considerable change to the codebase and it hasnt been implemented on a protocol other than cryptonote yet, so its questionable
Not in the least bit questionable, if you've been around long enough to know Evan. He's amazingly fast coding, and the infrastructure of Darkcoin is incredibly useful. Evan doesn't care if he has to throw code away and rewrite it a thousand times to get it perfect.Pity he wasn't such a perfectionist at the launch. Doing real work takes priority over pretty. Some people can't function without pretty. They need crutches and hand-holding. Sucks for them. But can one be successful that way? Cutting out the majority of the population? And when DarkSend is improved beyond Cryptonote, and all cryptonote coins are still so far behind, what then? I'm not saying the work of those coins isn't worthwhile, it is. Each alt coin has shown things of value. Things that work and things that don't. One of the biggest things dogecoin has shown us is that community is #1 bar nothing. Cutting out those "stupid" people who need to be "babied" with a functional graphic user interface style wallet will kill any coin. Sorry. My response was specific tot he comment above it, regarding launch. Make it pretty later. Make it work first. It's software version 0.N.N.N-BUILDN for a reason... One cannot enter into a project worrying about the biggest idiots first. It's a surefire way to end up with nothing at all. Of course pretty stuff can wait, but the comment was about the gigantic instamine. That one mistake will haunt the coin forever. If the day comes that Darkcoin becomes the #1 crypto and worth a trillion dollar market cap they'll still be beating us with that stick on the TV news. |
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implementing ring signatures will take considerable change to the codebase and it hasnt been implemented on a protocol other than cryptonote yet, so its questionable
Not in the least bit questionable, if you've been around long enough to know Evan. He's amazingly fast coding, and the infrastructure of Darkcoin is incredibly useful. Evan doesn't care if he has to throw code away and rewrite it a thousand times to get it perfect.Pity he wasn't such a perfectionist at the launch. |
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what would you do if you had 10% to 60% of all of one coin. serious
Hodl to avoid hurting it's rise while working my ass off to make it as successful as possible. |
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I think BTC-e will pick it up this or next week aswell, not that DRK needs any push but just nice to get it out to other exchanges aswell
Considering the volume they'd be daft not to. They're throwing silly money away. |
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It works 100% as long as you have infinite money and no betting limit. Otherwise, no.
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Those worried about dumps - there have been lots of fairly large dumps, causing big flash-crashes and corrections. It just stumbles for a while then starts climbing again like nothing happened. Take profits all you want, Darkcoin gives zero fucks today.
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I got a e-mail from Labcoin yesterday ( info@labcoin.com) and told me he will come after me if i continue to harass him. The nerves of Alberto to even reply back with that. It seems like he still checks his labcoin e-mail account. Forward this email to the lawyers. They're collecting these and have been showing them to the authorities to let them know the type of person they're dealing with. |
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If you're for real, the best way to prove your abilities, get lost of publicity for your services, and do some good for the community at the same time would be to find TradeFortress...
tradefortress has been here like yesterday or the other day he also replied on the thread which has the title of biggest bitcoin scammer blah blah on the meta section  Is there good evidence it's really him? I thought the general consensus was that it isn't TradeFortress, but that his account was hacked, sold or whatever. |
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If you're for real, the best way to prove your abilities, get lost of publicity for your services, and do some good for the community at the same time would be to find TradeFortress...
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i know who is behind inputs.io. I know his name, facebook page, where he goes to university, his race - everything.
So do a lot of us, there's a Dox thread on him over in the scam accusations forum. It's hard for most of us to tell which or how much of all that is in any way reliable or likely to be accurate. Is there a good review anywhere of the best-evidence-supported theories and dox? |
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Link is garbled. Try this. |
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Also sent info to the lawyer and donated 0.1 BTC to the address. Many thanks!
I have not received confirmation from the lawyer yet. Sent another email 2 days ago, but still nothing from him. SO AM I. Me too. Confirmation was requested. Email only sent about a day ago, but someone commented they had a confirmation for an email sent this morning. Hope there isn't a firewall problem with some attachment filetypes. |
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