Then they should learn before using the tech. Many of the older Bitcoiners here spent ages learning about the tech, often months before buying coins. Now people don't even care about the tech and just jump in thinking they're getting rich quick.

Unfortunately in the beta stage of this project a certain amount of learning is necessary to secure your funds. Just because u cba to learn how to use it properly isn't going to stop your coins from disappearing. Granted companies such as circle will be making it easier as well as insuring your funds and then you can place a calculated trust in a third party

Well if your willing to take that risk for convenience thats up to you, unfortunately securing your wealth isn't a matter of convenience. Its more convenient for me to store my cash under my bed but its far riskier than storing it in a bank even though its less convenient.

If the block chain is a problem use an SPV wallet. 18gb is nothing now days.



But thats their problem. What I said still stands, if your going to trust your coins to a third party know the risk you are taking and if you don't control the private keys yourself then your doing it wrong. The whole premise of Bitcoin is not trusting third parties. If you trust a third party whatever happens is your fault. It sounds harsh but learn to use what we've been given correctly and there are no problems. I mean its not like the site went black for days, it was an hour or so and people are freaking out. If they are managing their risk correctly they would not be freaking out. Unfortunately people are going to continue to get burnt until they learn.

Have you had chance to look at CryptCoin yet ? Another X11 algo coin claiming anon tech. Supposedly releasing their white paper in the coming days. Will have a better opinion once the white paper is out but as of now not much to be said about it although they do claim to be using a setup thats different to DRK's masternode setup.

So!? You control the private keys, no ? If your relying on third party services to the point where an hour or so of down time has you running in circles and panicking then your doing it wrong. Even worse if your worried they're stealing your funds then why on earth use it in the first place. I just don't get this, Bitcoin has given us a way to not have to trust third parties and the first thing everyone wants to do is start giving their coins to third parties, when will people learn.

To be fair there are plenty of block explorers and blockchain.info isn't even my favorite one, its hardly not a good sign for the ecosystem of Bitcoin if a website goes down, don't be so dramatic.

I used to think that but although its risky to have money on an exchange I know a few people who loan on Finex but aren't too into BTC, where else can you get .5% per day !

Man I'm not gonna lie I've really enjoyed hodling on this run up from ~$450 normally I'd trade the shit out of it on the way up but thought after trading the bear market for 6 months I'd have a little break. Not going to lie, I can see why some of you never sodl and always hodl havent been this relaxed watching the roller coaster since early 2013. 

Guys when everyone talks about the Finex longs and shorts and compares it to 6 months ago you really have to remember that they likely have a fair few more customers using their exchange thats people taking liquidity and people providing it. In a run up to $2k I could easily see there being $40 mill plus of longs.

You really have to think about what it means to hold something that is tied to 2 values. Its only really an issue once your coin gets a USD outlet as before that happens everything is priced relative to BTC. The problem with holding something that is relative to BTC but has no USD outlet is that you must buy BTC/sell your alt to get out that creates downwards pressure on the single alt/btc market. Profit taking on 1000% gains is wise, this is one of the reasons why LTC tends to rally with BTC where as other coins tend to fall. There is a whole separate LTC/USD market that other coins just don't have. I think this could be a factor in allowing DRK to keep up with a BTC rally to some degree.

If BTC is $2500 + I could easily see that happening, not too sure whats so funny. Its gonna be tough time for all alts once a BTC bubble starts.

Thats not a very brave prediction were only $9 away

Slow day but all in all some good consolidation. Nobody really wants it to shoot straight for the moon and if they do they deserve to get slaughtered as it heads straight for earth. HODL.

Only just seen this thread so reserving my spot rpielta

Some good points have been made so far, hopefully this thread can prevent the clusterfuck that normally ensues on an alt thread.

Yup nobody selling anymore, wonder why Polo isn't the greatest exchange which doesn't help although it has improved in the last couple of days.

Its not really, the rates change all the time, but on average USD is around .6 - .9%/day and BTC is 0.002 - 0.008  ish/day, taking out the spikes when people suck up a lot of offers quickly.

I think shroomsy is secretly a world class day trader portraying himself as a hodler while he slaughters all the pigs 

No its nothing like the rate going short, its like 100 times cheaper. How can you not know this yet trade on leverage?

True, but discount China and pretty much everyone else trades in $. I'd rather trade in £ but its just not liquid enough.

I don't disagree with you but in the future if kids grow up with crypto around them they will have no experience of how crap fiat truly is  

Its like trying to explain to a 13 yo what it was like with no broadband. Just cant appreciate it in the same way.

I like the logo personally, its something that can be tweaked and changed if really necessary. For now there are lots of other important things to do for the coin.

or 7777

It is strange how $666 has this lure, the more people talk about it the more it becomes a thing so everybody shush