Well the zealots aren't doing too well:


Upvoted you too.

Upvoted yours Evan and the other posters that have made sense.

What an uninformed megamouth this person is:

Darkcoin will shortly have the ability to fully confirm transactions somewhere in the vicinity of 20 seconds. This is versus Bitcoin's 10 minutes (in theory) that often ends up being much longer. > than 60 minutes for 3 confirmations not being uncommon.

Watch this short video of lead developer Evan Duffield demonstrating it:

http://youtu.be/zBjUPj-TmFE

Good work Stonehedge. I guess you're referring to BCT's single Seagate ST-506 "upgraded" to run on an IDE interface (it's why they have to delete so many posts, to save space on the 5mb of "storage arrays"....look out, with a comment like this I'm probably being deleted right now!)

Tante that link is just going to Terzo saying "Brace yourself ! InstantX is comming soon !"

You must have pasted the wrong link?

I think BCT stopped working sometime around 0630 UTC on 22/Jan/2015 so we may have lost a fair bit as the last post before the crash is from Lebubar at 2107 UTC on 21/Jan/2015.

I think she was suggesting that but you do in fact need to do a masternode start from the wallet. Upon upgrading to 11.10 and restarting darkcoind on the server it appears like there's no need to issue the remote commands, a grep returns a '1' and all seems well. But it only lasts a little while (maybe 20 minutes; not sure) before whatever happens happens and grep is no longer returning a positive response and your MN is offline. Then a masternode start from within the wallet starts it properly and permanently.

Mmmm....yes....all this interaction with Otoh is all good and cute but when he decides he's going to exit to the tune of similar amounts of DRK as he has orders in at the moment, it's not going to be pretty. It will be whale-dumping-from-hell that will potentially make some of the previous dumps (a la Internet Ape, Ryan Kennedy-Mintpal/Moolah) look tame. People will be screaming and cursing....but that's the nature of having a very big player like he is in your market; when they want to leave, lots of others will decide the party's over too and head for the exits all at the same time. The result: price collapse. That's the reality of what we're all invested in here and everyone needs to realise it.

(I mean no offence to you Otoh; I'm sure you're a hell of a nice guy I'd enjoy talking with. Just highlighting the reality of the situation and that your affairs could change resulting in your desire to exit at some point and it will impact the market dramatically; no two ways about it)

Very wise move. Nice to see someone who was in LTC seeing the Dark. Expect there'll be many more.

+1


Lonecrouton this is what I'm getting at. Yes they're part of the regular financial world with all its funny money, boys' clubs, Wall Street corruption, etc. But this represents a large amount of investment money coming into crypto. It can only be good in the long run because a whole lot of new people (many thousands) that the regular crpto world would never have reached are going to be exposed to what this is all about.

No, I have no idea either, but you don't get the sort of pedigree corporates and high-net-worth individuals involved if they don't have some pretty serious plans. That's what I'm saying, to just make a disparaging remark and a condescending "flick-away" is ignorant in the face of the companies and personnel taking part. DFJ Growth (who're known for investing in disruptive technology startups), Andreessen Horowitz, Union Square Ventures, Ribbit Capital, the NYSE, BBVA (the Spanish bank), DoCoMo Capital (part of NTT, the huge Japanese telco) and they've taken personal investments from former Citigroup CEO Vikram Pandit and former Thomson Reuters CEO Tom Glocer.

Tax write off - I don't think so. This is definitely a "watch this space" undertaking. I expect there will be some tremendous initiatives that will come from it and also probably some NY BitLicense-style stuff-ups that will be very much on the nose with all of us Darkcoin type of people too. Regardless of the direction they take this is very big news for the crypto world.

I would suggest they're a well connected company with a substantial entrepreneurial spirit that's likely to see them achieve something pretty impressive. Just because they're the people that are using the blockchain to determine when their customers are sending or receiving funds from gambling sites doesn't mean they don't know what they're doing and they're not going to bring vast numbers of new people into crypto. I think overall it will be good and we'll see a lot more focus from the mainstream.

I think your comment is ignorant in the classic way that a techo-propeller head has a very simplistic view on how bushinesses work, what's of value and what's going to be acceptable to people that have money to invest. Stick to what you understand before you blurt out something that just demonstrates how unknowledgeable on a subject like this you are.

He's saying "my Intel Core i7 5930K processor says thanks".

This really needs to be addressed.

I also updated to .09 within hours and then overnight in between .09 and .10 being released my MN went offline somehow and I must have fallen outside of the 71 minute timer so am out of the payment cycle (which perhaps all of us are anyway given enforcement has been switched off).

I know Evan and the dev team are working very hard and, like many here, I really do appreciate it but think it's imperative the payment processing and fairness of distribution amongst MNs is better managed during updates like this. That there are no hard and fast processes to take MNs out of the network that are on old versions and that many of these same MNs owners are getting paid where people who've been diligent in updating quickly aren't, isn't a workable situation (and MN owners will naturally start delaying updating if they're consistently loosing payments). It's also concerning that enforcement gets turned on and off so easily. Surely this just should be a stock standard part of the MN protocol that's not so centralised? (I know we're still in 'beta' effectively but can't we just leave enforcement on and live with whatever consequences of that as a lesser evil than manually switching it all the time? Forgive me if my comments indicate I'm not understanding this at all).

There must be a lot of '9's in the DRK code from the look of that keyboard!

I concur Strix.

Your post Bridgewater is probably the best "1st posting" I've ever read. Like many people, I've been concerned for some time of the difficulty of explaining to average Joe why privacy in financial transactions is fundamentally important. For the bulk of us here that have been around the higher level philosophical debate on the encroachment of government and big business into our everyday lives, we're already reasonably well versed in what that's all about and why taking action to achieve financial privacy is actually taking steps towards arresting the descent into totalitarianism. But a regular citizen who's completely bought-in to the rhetoric and hyperbole that's now pumped into the masses 24x7 that they're somehow "bad" if they want to hide their financial transactions, will likely fight anything they perceive as being nefarious and with potential for criminal intent (and, of course, you no doubt will have read the many for and against arguments for a name change for Darkcoin - an aspect that's intimately linked to this same issue too).

However, if we divert the entire argument away from "everyone has a right to financial privacy" because, although perfectly true, it won't stand-up within the current fear-based mental climate, to "it's imperative for fungibility; to be able to trust units of the currency are free from suggestion of being tainted, illicit or dirty" then we've tapped in to a far more fundamental basis for establishment of a truly workable and lasting currency.

I'd be pleased to hear more of your thoughts and how this concept around fungibility (and the explanation of it) might play out.

I really appreciate your input Tante; especially how you're not afraid to say "I don't understand" something which then facilitates explanations and conversations that we all learn from.

Fantastic fireworks pictures Lebubar.

Yes. A raging (Sunday morning) party is in full swing down here.

Congratulations Darkcoin!

Mmmm....PotCoin, you're really going to have to do far better if you want to engender any sort of confidence.

Look at the postings vesperwillow is making. Candid questions, concise comments, well articulated arguments and you're coming back with gems like this:


....poorly worded, terrible grammar. Come on! If you're going to have half a chance of seriously attracting good people here you need to be able to respond articulately to people like vesper and demonstrate you're across the key issues, you're interested and you're "ahead of the game". At the moment you're coming across as....well.....little more than a pothead (maybe that's the issue!)

I lost money on this silly coin; I won't be doing so again. I'm certainly not getting any sense there's much of a future.

If you're even remotely serious you should be posting regularly, have a good deal more awareness of the history of what you (or your BCT account) has posted previously and be seriously engaged with someone like vesper who's taking considerable time and effort to articulate what he or she believes the major issues and stumbling blocks are. This is "stakeholder engagement 101" and you're failing terribly.

Yep, I'm right across it. But prior to your involvement I knew nothing about SendChat so the cross-pollination goes both ways!