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881  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 06, 2014, 12:12:12 PM
Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?

It is an asset NOW and will be for a very long time...the only altcoin with the future IMO.

An asset class means that you can sell some of the future revenue potential it generates as part of your current sell price.

If there is a limited number of master nodes, you can say, I will sell you my master node for 3 times the current value.  Thats how stocks and investment property work, but only if there is scarcity of supply.

number of masternodes is limited by the coin supply: 4,4 Million coins / 1000 = 4400 masternodes max

There wouldn't be any coins left then for transfers, because they all would be bound in MNs.
So max would be 4399 MNs with 1.000 DRK in circulation.

So there is a self balancing mechanism which pivots around the number of master nodes locked up which impacts the coin supply, which impacts the price based on demand. Demand is a function of anonymity derived from the strength and utility of the anonymity provided by the network.

Beautiful.
882  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 06, 2014, 12:03:59 PM
361 coins on coinmarketcap. All competing. All trying to attract the same money.

I wouldn't look at it this way.

The worlds available investment capital is in the TENS OF TRILLIONS, not the laughable 10 billions that the total cryptocoin marketcap is.

So obviously altcoins are trying to attract NEW people with NEW money.... so trying to take away from other coins instead of attracting new people is totally retarded.

Having an opinion and having that opinion challenged is what moves humanity forward.

Being rude to people who are not rude to your community does nothing but hurt your community and the value of your currency.
883  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 06, 2014, 11:57:23 AM
Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?

It is an asset NOW and will be for a very long time...the only altcoin with the future IMO.

An asset class means that you can sell some of the future revenue potential it generates as part of your current sell price.

If there is a limited number of master nodes, you can say, I will sell you my master node for 3 times the current value.  Thats how stocks and investment property work, but only if there is scarcity of supply.
884  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 06, 2014, 11:46:31 AM

Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

Need to rely on BTC for the dollar price from now on.

Alternative theories welcome.


I think crypto is full of too many competing interests.

361 coins on coinmarketcap. All competing. All trying to attract the same money. Mostly trying to FUD each other. Scams are allowed to go unchallenged because so many people use FUD that scammers can hide behind the FUD argument.

The net impact is hardly anyone wins. No new money is attracted. The fiat status quo is maintained.

I'm trying to find a different approach. Look for a group of coins that are credible. Darkcoin seems to fall into the category.

Spend your time working on shaking out the scammers, organise cooperation between those that have no hope (been around for a long time and are down at the bottom) and those that have a chance. Find a way to give incentives to those who must leave their no hope coins behind. Then you can arrange for a smaller group of competitive coins to move forward and either challenge bitcoin or demonstrate sufficient quality to attract new fiat money. That would shift the price above 3

I think this would be my advice to other coins I'm looking at.
885  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 06, 2014, 11:27:05 AM
Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?
886  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer on: July 06, 2014, 11:20:52 AM
http://wafflepool.com/stats/nscrypt  > 85% vertcoin multipool mining Sad

stupid people there must be mining and selling to btc for a loss lol !
   Yes. I can not believe people can be so stupid. Instead of mining vertcoin, kept it for a multiple of profits in the future and invest in it, they change it immediately for Bitcoin and then a little bit of dollars.

all these people was pulling their hair and head ache when Bitcoin hit $ 100, $ 200 and $ 1,200
and litecoin hit $ 50

I never stopped believing in VertCoin Stealth Address TEAM

guys expect many innovations it of you

Thanks!

When will stealth addresses be ready? Are they in beta or something?
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