Why did BTC crash ?

Hey everyone, I'm part of the community now with my heroic 1 DRK purchase!

Hmm, doesn't add up to the 28k, plus wasn't myfarm saying he dumped some as well?

Directbet dumped them shortly after my wallet was empty.  You can see on Cryptsy.

Is vertoe the same as the verto that cashed out Evo and ran off with all the money?

Hi All,

I’m making an extremely difficult public statement to hopefully provide a warning to the Dash community.

On Sunday morning I managed to lose all of my Darkcoins on Directbet dice.  The total loss was 28,000DRK and represents all of my holdings.  My mistake was simple…make a big loss and then lose track desperately trying to win it back.  I have made enquiries with various parties about buying back in but unfortunately I do not have enough FIAT to do so.

This happened incredibly easily.  I am a man who has never gambled before being involved in crypto althouh I have done consultancy work for gambling companies in the past.  I was a regular better on Directbet and almost always ended up breaking even or finishing up on the day.  On Sunday, circumstances, bad decisions and maths caught up with me.

With regard to Directbet I believe their dice game is provably fair in terms of probablity and maths however I have some concerns at how their site was functioning under a DDOS attack at the time.  

When I asked Directbet some simple questions about my losses their answers have been at times  contradictory and not aligned with my experiences which I find to be quite troubling.  Directbet have also refused to provide me with a contact address so that I can formally ask a list of questions via my solicitor.  Whilst I take full responsibility for my actions I also feel that I may not have made such a huge initial loss if Directbet had suspended betting while their site was under attack and inaccessible.  I was unable to see a visual reference of how much I had won or lost and I believe this contributed to a lack of visibility of my actions and to contributed to me making such a huge initial loss.  Obviously my attempts to win my coins back was my decision alone.

I believe that probably fair is not just about maths, it is also about providing a level playing field for your customers.

Despite the significant financial loss that I have incurred, one of the worst feelings for me is the fact that the thousands of hours I have invested in Darkcoin/Dash will never bare fruit for me.  I take some comfort in the fact that those of you who hold on to your darkcoins might reap some rewards. I do have roughly 1.5DRK left so if you could all work really hard and make that worth $100k I’d be reall grateful

I don’t feel that am able to continue to work on Dash so I asked Evan to remove me from the team website on Monday.  I am also extremely frustrated because most of my business contacts were waiting for a rebranding before they adopted Dash.  When I feel less sore about what has happened I will pull the details of those contacts together and pass them on to Fernando/Minotaur and who knows I might be at peace with myself enough to follow up some leads myself.

Beyond the financial loss I have unforgiveably let my family down and this breaks my heart most of all.

I’ll always be hoping and looking for a way to rebuild my Dash but I expect that the future is too bright for the coin for me to ever afford it.

Don’t be lulled into a false sense of security people.  Bet sensibly.  I didn’t and I’m a broken man.

2014 and 2015 have not been kind to me crypto-wise.  In total I have either had stolen or thrown away the equivalent of nearly 50k DRK.  Protect your wallets too!

Much love.

Dan

It's becoming all too obvious to me I've backed the wrong crypto architecture and "team". So instead of facing up to that and doing something about it I'm just going to throw sticks and stones all day long......oh what a wretched individual I am (but I just can't stop myself....can anyone help me?)

Evan did a secondary spin-off interview just before breakfast & shower this morning...

https://www.youtube.com/watch?v=6pZoACglkRA&spfreload=10

(for the veterans, this is very very spooky stuff...)

 
 

With the Allspark gone (DARKCOIN), we cannot return life to our planet. But fate has yielded its reward: a new world to call home (DASH). We (THIS COMMUNITY) live among its people now, hiding in plain sight, but watching over them in secret, waiting...protecting. I have witnessed their capacity for courage, and though we are worlds apart, like us, there's more to them than meets the eye. I am Optimus Prime (EVAN DUFFIELD), and I send this message to any surviving Autobots (CORE DEVs) taking refuge among the stars (OTHER ALTCOINS): We are here. We are waiting.

http://youtu.be/glMsrAOctdU


https://darkcointalk.org/threads/core-developer-contest-and-sponsor-program.4358/

 Fun fact.
 
 The market seems to have enjoyed Evan's interview

 *BuMp*

I haven't got the first clue how things work really. But I think I know how to troll (sort of....although all my dog friends have left me)

More lies and slander

I think you've made the right points but picked the wrong coin.

The "Libertarian argument" is nothing to do with labels or brands. Nor does it need to be "NSA" proof. The "Libertarian argument" centres around privacy being a core prerequisite to financial freedom. If you're going to cite that as your criteria then a practical level of anonymity is all that's required. Despite that, the technological approach now being implemented on the Darkcoin network goes way beyond a "practical level of anonymity" and, as other posters have pointed out, is already getting endorsements by 3rd party auditors.

The other reason that DRK supports the "Libertarian argument" with greater fidelity than its competitors is due to its 2-tier approach. By pursuing this route instead of an integrated one like cryptonote which puts BOTH the commercial AND technological interfaces right out on a limb, Darkcoin is addressing the mainstream economy - not the "dark" economy. It has planted its commercial interface square in the centre of Bitcoin's world while freeing its second tier up to provide an anonymity service for that mainstream economy.

The elegance of design in making those two layers independent is Darkcoin's real strength - the anonymity layer isn't "welded" into the blockchain technology as it is with most of its competitors, thereby giving them the clumsiest transmission mechanism around because they've got to do everything in realtime at the point of transaction. A bit like going out to hunt every single time you get hungry instead of going once and keeping the animals in a pen for when your ready to eat.

In my opinion this is a far greater flaw by an order of magnitude than anything you've cited about Darkcoin.

noooooooooooo!

renegademan short stories

In the beginning God created the heavens and the earth. Now the earth was formless and empty, darkness was over the surface of the deep, and the Spirit of God was hovering over the waters.

And God said, “Let there be light,” and there was light. God saw that the light was good, and he separated the light from the darkness. God called the light “day,” and the darkness he called “night.” And there was evening, and there was morning—the first day.

And God said, “Let there be a vault between the waters to separate water from water.” So God made the vault and separated the water under the vault from the water above it. And it was so. God called the vault “sky.” And there was evening, and there was morning—the second day.

Then God said, “Let us make mankind in our image, in our likeness, so that they may rule over the fish in the sea and the birds in the sky, over the livestock and all the wild animals, and over all the creatures that move along the ground.”

So God created mankind in his own image, in the image of God he created them; male and female he created them.

God blessed them and said to them, “Be fruitful and increase in number; fill the earth and subdue it. Rule over the fish in the sea and the birds in the sky and over every living creature that moves on the ground.”

Thus the heavens and the earth were completed in all their vast array.

By the seventh day God had finished the work he had been doing; so on the seventh day he rested from all his work. Then God blessed the seventh day and made it holy, because on it he rested from all the work of creating that he had done.

1st time on LTB
Woop Woop
 

So you take an extreme example and spin it to your advantage. Definitely sounds like the kind of integrity we can expect from your dear leader. No one waits 6 confirmations anymore. Even exchanges make your funds available after only 1 confirmation.

Then good for him, shove his dick somewhere else..skipping dashcoin again for the claim eh?....

Cool article. I love how Evan embarrasses himself by saying you have to wait an hour for a bitcoin transaction. I guess it's much better soundbyte than saying you don't have to wait 10 minutes  

 The revolution is starting....  


 



 YEEEEEEESSSSSSSSSSS !!!!!