I've been keeping abreast of this Tok. It's absolutely fascinating to see how the $20 buyback program is being discussed on Hashtalk.org. There's still an overall consensus on there that Josh Garza is going to come through with the $20 per paycoin via the honor program which starts on 1st Feb. But then there are posts like this where people are starting to push for prioritisation as to who gets paid first.


I can see this turning into quite a mess if many original and early supporters feel they're not getting priority over regular traders. Trying to administer such a thing is diabolical as another poster pointed out they mined a lot of coins early but then did some trading and they shouldn't be de-prioritised for that. Josh has stated in the Q&A that all coins are valid, even if bought off an exchange. But you'll have many people from the paycoin community upset and some getting quite demanding


As at time of my post here, there's been no response and that was about 24 hours ago now.

Lots of drama yet to play out I would suspect.

It makes me grateful we haven't had these sorts of outlandish and unwise financial incentive "programs" in Darkcoin as they're extremely troublesome and way more complex to execute than the initial idea would suggest.

Some good pro DRK comments have appeared in the comments at the bottom of this article. Good to see people jumping on the misinformation being pedalled.

Just a reminder everyone.

Big red text "doesn't ,understand ,commas" guy hasn't been here since page 277 and a bit over 10 hours ago. Chances are he went to sleep exhausted from hurling all that negativity (it is very draining). It's possible we won't see him again but then it's highly likely he'll start up his FUD campaign again any moment now.

The key to stopping this is DON'T RESPOND. Just let his stuff go past and DON'T BITE. Even when it really gets your back up DON'T ENGAGE!

Same for the others involved in smearing Spread. Just don't engage.

But if someone's asking legitimate questions then of course we all should try to educate and answer. There was a terrible period last year in the DRK thread where a few people (and one individual in particular....anyone who's been there for a while will know who I'm talking about) were extremely harsh and rude to newcomers. It was pretty appalling and a guaranteed way to lose new investors; let's not be like that here.

It was certainly an over-the-top response. Do we really need to be so tribal and territorial? There are some good things being worked on here. Ultimately both DRK and SPR will benefit. There's just no need for such hostility. DRK is open source; by it's very nature it's saying "come, use my code, improve me where and if you can". We (DRK & SPR people) should be celebrating that there's this amazing ability for new ideas to be born and cross pollination to occur between both projects.

+1

It's the constant responding and quoting that then spreads the FUD far and wide throughout the thread that's doing more damage than just ignoring. If you simply don't respond, it takes only a day or so for them to give up. They just can't stand no one taking any notice or interest.

Red text ",can't ,use ,commas" idiot will just die off within a day or two when he's getting no attention. He's like the buffoon in a classroom that interferes with and continually interrupts the kids that are trying to learn and get somewhere. The more he's ignored the louder he'll get until suddenly it will be "whatever happened to that red text douche bag?" as we realise he's gone.

Yes. Thanks pokeytex, I'm well aware of the ignore button but if everyone else is still responding and interacting, one is exposed to it all still through people quoting. It's often very hard to not respond to people whose only intent is harm; one wants to defend and often lash back at the lies and ridicule, but it's exactly the same as all forms of bullying; the perpetrators get-off on being interacted with and seeing people get annoyed/upset. What I'm putting forward is the need for us all to maintain some level of dignity and not get caught up in the abuse and obnoxious behaviour these individuals are so committed to. Once they're getting ignored by everyone, they'll go off to find somewhere else they can peddle their nastiness (it's the nature of the mindset they've chosen to adopt....it feeds off people being "hooked" and responding). Lets just not interact with them beyond perhaps an initial rebuttal to clarify facts. It's the never ending back and forth come-backs that are just filling the thread up with rubbish which will just turn-off many many people.

Guys,

I'm a long term DRK investor and supporter, I have a single masternode and have been in DRK since it was around it's ATH. I've traded reasonably over that time to build up my holdings (an achievement in and of itself considering I bought in at around 0.02!) but it's not much more than the single masternode. That's okay though, and I'm grateful I've been able to do as much as I do, I've really enjoyed being involved and I love interacting with some very good people.

Now, I've taken a position here in SPR too (unfortunately before all this madness happened over the past few days so I most likely could have had four times as much Spread....that's crypto for you) and am looking forward to setting up a Spread masternode on my existing VPS. I think Mr Spread's take on how things could be done better is very interesting and I'm looking forward to seeing Spread make a positive impact.

And there are clearly many good people here too with lots of commitment, good ideas and positive sentiment. But unfortunately this thread is turning into a farce. I've just spent an hour or so catching up on the past 15 pages and it's been pretty mind numbing to say the least. We've had never ending posts by Hippie and that other idiot that constantly types in big red letters and can't put a space after a comma,to save himself. And now showjackoff has raised his ugly head in here. Good grief! Can we just move on and stop interacting so much with these people? The amount of tit-for-tat back and forth posting is terrible. I'd say 95% of the past 15 pages of posts have just been a constant FUD, then FUD rebuttal, then FUD rebuttal come-back, then FUD rebuttal come-back plus ask for details of proof, explanation, etc. It's appalling that so many are taking the bait and adding to the cacophony and continuation of shit-head noise.

I'm interested in what Spread's going to do to get adopted and how it will make inroads into areas that crypto may not currently touching i.e. what is Spread for and why is it important?

Can we talk about these concepts and just leave these idiots alone? I've responded once to Hippie and then bumped that response but I doubt it's had any effect. That's about as much as I'm willing to do because he's clearly committed to putting shit on everyone. We just shouldn't interact any further. The same with red,"can't,use,commas",text fool. And don't get started with ebolajackoff, it's just not worth it; he's had a history of extreme FUD and aggression in the DRK thread over many months and he's an untrustworthy individual.

BUMP for Hippie (clearly misses the really important postings)

I'm sure we've all had the experience of standing at a set of traffic lights waiting to cross the road when some idiot in a hotted up hoon-mobile does a massive burn out, making all this noise and commotion as they tear off from the traffic lights with fumes and burning rubber left behind for us all to breath and be immersed in. In that person's mind they're thinking: "Man, I really showed those people standing there and in the other cars what a hot and super happening dude I am who has the wheels to match; yeah baby, I rock!" But in reality everyone's thinking: "What a fuckwit! Man-oh-man, what sort of bizarre growing-up dysfunction was that guy exposed to that he thinks what he's just done is even on the 'cool' scale at all, let alone a fair way up it! What a complete jerk!"

As so it goes for Hippie Tech. This is how these people function. They're in this bizarre parallel world where they actually think that the stuff they do is "pretty damned good" and that people will think "yeah he really showed em!" But in reality, everyone just thinks they're a total prick.

And that pretty much sums you up Hippie. You're a dick mate. You come in here and throw all this shit around and actually believe you're doing something half decent. But, you're not. You're just making a total fool of yourself by picking out selective texts and attempting to discredit through imbalanced postings that are neither accurate nor reasonable. Your obvious agenda is to malign and rubbish Spread. But in doing so you're a most pathetic waste-of-space because it's so childish and so lame.

Give it away. Go back to things that are of worth and of use to you, because Spread clearly isn't. Go and do stuff that helps, not hinders. Reach deep within to find empathy (we all have it) and use that empathy to direct your actions and your objectives. You'll feel all the better to wake up each day knowing you're off to do useful stuff that will bring respect rather than just trying to bring other people down.

Go away and leave the people here alone. If you think it's all folly, fair enough, you've said your piece, now leave (and don't come back unless you're prepared to add value, not just put shit on everything and everyone).

Oh....yes....

I thought your "Bye bye Demis Roussos" was a metaphorical statement about the Greek election.

He's actually passed. RIP Demis (I was never a big fan but he had quite a following down here in Australia)

http://www.bbc.com/news/entertainment-arts-30984851

and Nana Mouskouri

Not if this volume's anything to go by.

only 250 of it left

edit: and it's gone

edit2: watching the bid/offer listings update when it's like this is like watching the arrivals/departures monitors at a busy airport when thunderstorms start rolling in

I'm sure we've all had the experience of standing at a set of traffic lights waiting to cross the road when some idiot in a hotted up hoon-mobile does a massive burn out, making all this noise and commotion as they tear off from the traffic lights with fumes and burning rubber left behind for us all to breath and be immersed in. In that person's mind they're thinking: "Man, I really showed those people standing there and in the other cars what a hot and super happening dude I am who has the wheels to match; yeah baby, I rock!" But in reality everyone's thinking: "What a fuckwit! Man-oh-man, what sort of bizarre growing-up dysfunction was that guy exposed to that he thinks what he's just done is even on the 'cool' scale at all, let alone a fair way up it! What a complete jerk!"

As so it goes for Hippie Tech. This is how these people function. They're in this bizarre parallel world where they actually think that the stuff they do is "pretty damned good" and that people will think "yeah he really showed em!" But in reality, everyone just thinks they're a total prick.

And that pretty much sums you up Hippie. You're a dick mate. You come in here and throw all this shit around and actually believe you're doing something half decent. But, you're not. You're just making a total fool of yourself by picking out selective texts and attempting to discredit through imbalanced postings that are neither accurate nor reasonable. Your obvious agenda is to malign and rubbish Spread. But in doing so you're a most pathetic waste-of-space because it's so childish and so lame.

Give it away. Go back to things that are of worth and of use to you, because Spread clearly isn't. Go and do stuff that helps, not hinders. Reach deep within to find empathy (we all have it) and use that empathy to direct your actions and your objectives. You'll feel all the better to wake up each day knowing you're off to do useful stuff that will bring respect rather than just trying to bring other people down.

Go away and leave the people here alone. If you think it's all folly, fair enough, you've said your piece, now leave (and don't come back unless you're prepared to add value, not just put shit on everything and everyone).

Tok,

What do you suppose has happened to Ripple (XRP)? It's down about 35% in just 4 days with about half of that drop occurring in the past 24 hours.

I bet there's a lot of very unimpressed people at the moment (but, as we know, it's not a crypto in the true sense of what that means).

Maybe it was counting on the incumbent guv in Greece being returned to power? (just kidding....probably as good as any other explanation).

Edit: am forgetting that Ripple is most likely bought and sold by majority in USD so with bitcoin's recent rise perhaps Ripple is sitting roughly at the same level? Either way, it's in the "crypto" realm so will probably be engendering nervousness with holders given its severe drop against BTC.

or

[4] Many thousands of people (as AzzAz has suggested) suddenly buying BTC to pay ransoms to Cryptowall ransom virus infestations!

I truly hope not.

BTC price at BTC-e currently $297
BTC price at BitStamp currently $307

Looks like we're back to the regular $10 difference in price between BTC-e and BitStamp that existed for many months prior to the price collapsing (not sure that it means anything though; just interesting).

Okay (glad you deleted that first response you made because I was even more confused as to what "you're getting at". Ha!)

There's about six of them all up. This is the first one and you can easily get to the next five via Youtube provided links once you watch this first one:

http://youtu.be/m7TkzvLnE0s?list=PL8J5Vm3TZONiz26nxGQRvB9Lh_8arK4AH

So often people post on here with little thought for how their words are being conveyed and one has no idea what they're getting at. If I had a dollar for every time I've read an ambiguous post, well I'd have a lot of dollars.


Are you saying that bigrcanada is an "Economics fool"?

or

Are you saying that the presenter Mike Maloney in the video Tok posted is an "Economics fool"?

or

Are you saying that you are the person "chiming in" and you're labelling yourself an "Economics fool"?


The links you've provided are typically typical in their common outbound messaging of what currency is and what money is. Sentences like this


do little to get at the heart of what Mike Malone is expressing about the wholesale fraud that has been perpetrated on the citizens of most jurisdictions where the government issued currency is nothing much more than government issued debt without any intrinsic value.

I think the messaging in those videos is of profound importance for all peoples of the world and something everyone should be considering and taking to heart. As normal though, only a small portion of humanity will bother to work out what the true difference between currency and money is, and there'll be much pain and sorrow and "why didn't someone tell us?!" cries of injustice (usual 'human history repeating') when it all unravels.

So for everyone I think it requires a "Note to self": take steps to get ready for the inevitable collapse of fiat currencies and ensure your wealth is stored in something that's real 'money'.

Similar over at BitStamp. Price has risen $15 just in the last 15 minutes.

Tok, you're one of my favourite posters on this forum (you can hear a 'but' coming can't you! No, there's no 'but', just appreciation).

You bring a wealth of understanding and knowledge to us all.

I completely understand what you're saying about POS. One of the challenges in a community like this is that everyone sees enormous potential for the technology and with great fervour and excitement, they start imagining the impact it will have and how things will be revolutionised in the same way the Internet has revolutionised almost every aspect of business, media and communications. And much of this imagining is in realms and arenas that most of us have little experience with; POS, being most likely an example of that (perhaps bigrcanada and his wine bar excluded; but to really understand retailers' requirements for POS you have to have implemented such systems in large national retail chains where all the back-end processes have to be seamlessly integrated).

Having worked in corporate and government large scale IT for a long time, I can so easily concur that retailers will have about as much interest in deploying a POS system that's linked directly to a block chain for a crypto currency such as DRK as they have in accepting gold at the checkout. They're just not interested in being involved in all the mechanics of the transactions down at a technical protocol level. That's why payment processors exist; to facilitate all the techo knowledge, security, integration, back-end accounting, consumer legal protection/adherence to laws, support, loyalty systems interfacing and most of all performance SLAs. Everyone talking about 20 second confirmations and the checkout operator being able to void the cornflakes packet purchase and re-charge it to the next customer in line, etc, is just silliness. There's no way, crypto (as it currently stands or even as it may be 10 years from now) is going to be acceptable directly connected to POS terminals. There HAS TO be a layer in between the base monetary system (as you've described it Tok) and the retailer. Performance at a checkout is everything for large scale mainstream retailers. Even if DRK with the masternode network got down to 10 second confirm times, that's still too long at a Walmart checkout by comparison to the Visa/Mastercard networks which have SLAs guaranteeing sub 5 second times. An open source network like that which DRK is built on won't be competitive with the likes of these payment processors, for the moment.

And "for the moment" is a key point. Unlike you, I wouldn't say "(POS) will never be be doing direct transactions with the blockchain" because people have made these sorts of statements before only to then be proved completely wrong some time down the track. Things could develop dramatically over time and block chain technology could become THE network technology that everything works on. The mere fact IBM has invested so much into their IoT ("Internet of things") block chain architecture is indicative of how ubiquitous this stuff is likely to become. But your points about clarifying that DRK is a base monetary system, not a POS tool is a very important differentiation that I think many of us are not clear on. There will be many online businesses that will transact directly with the block chain, but they'll be specialist niche affairs (like DirectBet). Mainstream business is not likely to use DRK for a start because of it's association with illegality (and that would segway into the name issue....but I'm not going there in this posting), but they will use it if a payment processor picks it up and builds products/services around it (that's why that Coinbase $75mil of capital raising story is of such importance; this is where mainstream will meet crypto).

As for InstantX I'm of the opinion that this can only be good for DRK. It will give us an incredible edge and open up much instant trade that will arise where it's currently tethered by BTC's long confirmation times. The key to success will be whether the technology can be robust enough to with stand network forks (like we've just had) and not result in a big mess. It will take years before DRK has a reputation of certainty and reputability, and even then, it will still be payment processors that use it and provide the front end initially.

Keeping posting Tok. I and many others really appreciate your input.