I've been thinking about this one.....
Masternode = Proof of Stake mixing node only for the wealthy requires 1000DRK and imposes 20% tax on Miners
Miners = Doing the actual work to secure the network.
The mixing nodes require far less resources, and are basically nothing more than a wallet with some additional code activated; this is giving far too much reward value to the early adopters and wealthy. This is bad for the coin.
Mining is the democratic process that will determine the future of this coin; I'm not mining on a pool that pays masternodes. Enforcement will cause a hard fork with the miners abandoning the enforcing branch.
Fix the masternode so everyone holding the coins participates, regardless of wallet balance and make it truly peer to peer proof of stake/proof of work hybrid. Make everyone a Masternode, not just the wealthy/early adopters.
I am neither rich nor early adopter yet I decided to risk & put a few of my paychecks into masternode in exchange for possible prospect of continuous income. My investment raised the value of the coin and I am being very slowly rewarded for my risk. Granted, we need a certain amount of miners. However there is no need for gigahashes/petahashes due to self regulating difficulty. Even if the ratio between mining and MN changed 50:50 there would be enough miners here "working" as the difficulty would decrease accordingly. 80:20 ratio is fair and if you think masternodes bring more returns then mining... guess what you should do? :-) Masternodes and miner have a symbiotic relationship without either of these two there is no DRK, The fair thing would be a 50:50 splitSo miners have it good IMO And it begins just like I posted many pages back. Already talk of giving more to the masternodes. Greed will be the end for this coin. If you think anyone would bother mining this coin for 50% you are a complete fool. If nobody mines then the coin dies. Got anymore dumb ideas? |
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If been thinking about this one.....
Masternode = Proof of Stake mixing node only for the wealthy requires 1000DRK and imposes 20% tax on Miners
Miners = Doing the actual work to secure the network.
The mixing nodes require far less resources, and are basically nothing more than a wallet with some additional code activated; this is giving far too much reward value to the early adopters and wealthy. This is bad for the coin.
Mining is the democratic process that will determine the future of this coin; I'm not mining on a pool that pays masternodes. Enforcement will cause a hard fork with the miners abandoning the enforcing branch.
Fix the masternode so everyone holding the coins participates, regardless of wallet balance and make it truly peer to peer proof of stake/proof of work hybrid. Make everyone a Masternode, not just the wealthy/early adopters.
no, who are you to come here and decide what a masternode should do?. i am a miner , i am happy with mn because they help the price of the drk i mine. if you dont want to mine on a mn pool, then dont why are you telling us, its your hardware, your elec, mine what you want, drk network wont miss you. There is a reason why you need 1k drk if people had 20 drk as a masternode what the hell will be mixed?? if you want your idea , why dont you make your own coin. In fact why dont you go to every alt-coin out there and make suggestions to the devs, tell coblee to fork ltc to prevent asic rape. No you are a fool. The price of Darkcoin has gone down since the masternodes have been collecting 20%. So you're actually giving them 20% for a function that they are not even performing yet because there are no darksend transactions being processed at this time. You don't even know what your'e talking about. The 1000 DRK are not used to mix anything. In fact they don't even need to be on the masternode. Just sitting in a wallet. You are a classic example of someone that doesn't know anything and falling for all the hype. |
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I've been thinking about this one.....
Masternode = Proof of Stake mixing node only for the wealthy requires 1000DRK and imposes 20% tax on Miners
Miners = Doing the actual work to secure the network.
The mixing nodes require far less resources, and are basically nothing more than a wallet with some additional code activated; this is giving far too much reward value to the early adopters and wealthy. This is bad for the coin.
Mining is the democratic process that will determine the future of this coin; I'm not mining on a pool that pays masternodes. Enforcement will cause a hard fork with the miners abandoning the enforcing branch.
Fix the masternode so everyone holding the coins participates, regardless of wallet balance and make it truly peer to peer proof of stake/proof of work hybrid. Make everyone a Masternode, not just the wealthy/early adopters.
This. Stated more eloquently than I have. |
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I read zero of what you say, because 100% crap is very hard to take to even turn my head that way. What is it with you? getting payed to be here? No one wants you here. What is your incentive to be here? Dont like it, leave! No one is forcing you to be here, and buy or mine DRK. WHY are you even mining DRK? The immense amount of energy trying to defame DRK is really really intriguing. And yes, unfortunately big bold coloured text does make me catch some snippets from you, and its always the lowest of disinformation.  He must of lost a lot recently in communitycoin. Taking out his frustrations in here. Sad, very sad. Ha ha. They were giving away free coins. I tried and failed to get any free coins. I bought some on the exchanges. Ended up getting out at a small loss "less than .2 btc" before it completely tanked. Communitycoin was another scam anyway. Besides, I had barely been involved in crypto for three months so I didn't really know any better and fell for the hype just like Darkcoin people are doing. The only problem for them is that many have suffered significant losses on this coin. Losses they are not likely to get back anytime soon if ever. I'm flattered that you're spending so much time getting to know about me though. It makes me feel special. you say " Besides, I had barely been involved in crypto for three months so I didn't really know any better and fell for the hype just like Darkcoin " , so basically you are a noob  Are you an idiot? Calling me a noob. Really? You have 18 posts and registered after me. I may only have 387 posts but I am no longer a noob. I learn very fast. Noob's don't make over 100btc in a few months. noobs are people like you that fall for all the hype and mine every new shitcoin that comes out but never make a dime. Where do you people come from? Are you all High School punks? first thing, having lots of posts here from 6months ago, doesnt make you a pro,lol. ive been in crypto for a long time and i have a btc investment related business. I have been in crypto long enough to know, how to spot a noob and i defo know you have not got over 100btc because you spend so much trolling here with lies , and If you read my posts you will know how i feel about pump and dump shitcoins. right noob you said today drk has gone down over 50% in a month....i think thats very impressive, if you look at every coin except btc/ltc (4yrs=high liquidity) every alt coin has went down over 100% in 48hours or less ;-), ya noob you say false promises...i say you are a liar, everything evan has discussed here has almost happened within weeks of the given date, with lots of extras ,darksend+ ;-) i challenge you to find me a better alt than drk, in the long term, you will fail. also the way you pasted comments from the launch of drk,lol. Every miner knows that no coin has ever had a smooth launch, go try mining a launch coin noob,ive dont it many times, check out threads on maxcoin launch as an example...noob , go find me a coin that has no premine and has a fair launch ill mine it tonight..ya noob why should anyone listen to you....most people here have ignored you and if anyone is thinking of listening to you, they should be advised that you are a ,noob ;-) Don't listen to me. I don't care. |
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You will receive 100% of your mining efforts..... ...which will be worth f*ck all without the masternode network. Can you give me an example of someone using the masternode network to make a darksend transaction of any significance? If the masternode network is not processing darksend transactions then what the hell are the masternode operators getting 20% for? Now if there was actually any real darksend traffic that would be one thing. As it is right now they are getting 20% for doing nothing. If this is all going to be resolved with the release of RC4 then doesn't it make sense to start collecting the 20% AFTER the network is actually being used for darksend transactions? |
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Now some of these other fools. Well, lets just say they don't ever want to come face to face with me.
I don't take shit from anyone and I don't run from a fight. I never have and I never will. One thing I do is never forget. I'm not going anywhere so get used to me.
I'm flattered at the attention I'm getting.
You are intentionally trolling this thread, pasting the same quotes and making the same baseless claims over and over, cluttering the real conversation. And also admitting it you're here just to annoy people. I believe I have the thread starter's and the community's overwhelming support when I'm kindly asking you to stop posting in this thread unless you have something new you haven't already said 100 times with substance to say. Thank you. It would be so hard to realse a coin with compiled wallets? Oo
No but it would be hard for dev to instamine with them.wut.. no premine but you have 5k to throw?  |
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I did land three backrolls so I was happy about that. I'm going out again this evening to work on 360"s. Pop Pull Spin Would that be your attempt at trying to convince us you've got a life outside of the darkcoin thread ? You'll need to do better than 3 backrolls and a few 360's  Ha ha. You probably couldn't even get up on a wakeboard. I don't need to convince anyone that I have a life. You know, despite our disagreements I would give you a few pulls on the water anytime. That's the kind of guy I am. Now some of these other fools. Well, lets just say they don't ever want to come face to face with me. |
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LoL ! You must've taken some hit to go from this: Friendly neighbourhood Slapper at your service again.
This is the MOST impressive coin and community launched in 2014 BY FAR. I still can't believe my luck on having discovered this thread in the middle of an ocean of shit and clonecoin....there are some really smart people backing this coin. ...to this... End this fucking thread already.
Are there some sour grapes involved somewhere in between those two posts ? You and a bunch of fucking morons who Shojay has by their balls. Keep trying to explain to him. Keep feeding trolls. Keep quoting trolls. You are one of the problems of this thread. Not Shojay. It is you. Coins101. TanteStefan2. JGCMiner and bunch of fucking losers who keep trying to quote Shojay. Explain the same fucking thing again and again. He squeezes your balls and the entire thread has to listen to your squealing. Like I said. He is a winner. You are a bunch of fucking losers. FULL RETARD MODE = ON. From now on I don't give a flying fuck who you are. I will not attack the trolls. I will attack those who claim to be supporters of Darkcoin and feed these fucking trolls in this thread. Until this thread gets locked or otherwise. Now now, leave TanteStefan2 out of this please. |
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It takes a lot of time and energy to troll this hard. Its fairly lame stuff, but seriously, if you thought Darkcoin was a waste of time, you wouldn't be wasting your time. Time that is of limited supply on this one way journey we are all on. You give up time that you could otherwise be using to speak with friends, go out and sit in a park and enjoy fresh air, visit with family, or help a charitable organisation. You allocate this opportunity cost to your time for Darkcoin. You would not do it if you didn't think Darkcoin had a future. Thanks for pointing that out for all of us. Just remember, what doesn't kill you just makes you stronger. Muchas Gracias, for making this community even stronger. It's a very simple task to make a few posts now and then. Remember, I am a former supporter of DRK from the early days. I even participated in the first darksend test. There was even a time when I sent Evan a wallet so that he could troubleshoot some issues with darksend. So I have been involved in this coin for some time. After watching the progress and the lack of any coherent methodology I lost faith in the coin and the direction it was going to achieve anonymity. Once it was decided that the method used to implement darksend required a clunky masternode network and a 20% tax on the miners I could no longer support this coin. I made some comments that were critical but objective and was immediately attacked by your fellow darkcoin brethren. I don't take shit from anyone and I don't run from a fight. I never have and I never will. One thing I do is never forget. I'm not going anywhere so get used to me. |
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Don't you mean "Being in decline".... Only thing is - your not at all confident about that happening, otherwise you wouldn't be spending 12 hours a day stuck to this thread trying to make it so. Either that or you've just become so bitter & twisted that you need to offload some of that brain-rot on us all before it consumes you in a big ball of mould  Go take a relaxing trip on your new boat before you self-destruct. I don't spend 12 hours a day on this thread. I didn't buy the boat. It had cracks all over the gelcoat, stains on the upholstery, and over 700 hours. I'll just keep riding with friends and pick up a boat during the off season when there are much better deals. I did land three backrolls so I was happy about that. I'm going out again this evening to work on 360"s. Pop Pull Spin |
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Warning: this is a genuine question/concern.
What happens when people mine in pools which have not updated yet to the latest version, thus which is not paying MN's 20% of the block reward?
The mined blocks with previous versions of the Darkcoin daemon will or may be orphaned when RC4 is released or when the enforcement would be activated now during RC3? The mined coins would then be worthless to the miner?
However, what happens when a non-compliant miner immediately sells his mined Darkcoins on an exchange? Does this mean that coins which anyone has purchased recently, may at some point be removed from their wallet, as they may have come from (orphaned) blocks mined by a non-compliant miner?
If that would be true (and I don't know if it is), consequently, it seems to me that Evan has no choice NOT to use the enforcement switch without hurting some people. Technically yes, but the effect might be a unpleasant change for some people?
If I'm wrong, great, then I don't have to worry about this, because I just bought some more before realizing this, but if I'm right, it means the enforcement switch is not really a valid countermeasure after all. This would mean that anyone can continue to mine on non-compliant pools and take 20% more revenue and not have to worry about this being fruitless?
Can anyone confirm or rectify my understanding?
Thanks,
Mining on pool that isn't enforcing the 20% tax is the logical thing to do at this point. You will receive 100% of your mining efforts. If and when any form of enforcement is implemented it could have serious consequences for the coin. Basically the masternode network is based on a flawed methodology. The payments to the masternodes should be coming from the individuals using the network for anonymous transactions. Not the miners securing the network. I think Darkcoin is doomed unless they revisit the method used to pay the masternodes. The thing Darkcoin should have done was work on giving users places to actually spend their Darkcoins. As it is, even if RC4 works and you can send as many DRK anonymously as you want. There is no place to spend them. Darkcoins are basically useless as a payment option. But hey, the masternode operators still get 20% for doing nothing. |
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wow Mintpal breached, didnt see that coming.. its even more important now to just keep a minimum amount of cryptocurrency on exchanges. note : they are only breached for Vericoin for which they compensate by hardforking the coin to pre-assault state That hardfork is going to be a challenge and even if they succeed it sets a really bad precedent. Scary thing is that if this was a month or so ago DRK is the likely target because we were at the height of our popularity to date doing about 5000BTC a day on Mintpal. Guess being in a bit of a lull turns out to be a blessing in disguise. Don't you mean "Being in decline". Because that's what it is. Darkcoin is in decline. History usually repeats itself and Darkcoin will be no different. Something else will always come along. Darkcoins glory days have come and gone. It's now a slow descent into oblivion like hundreds of coins before it. |
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wow.. i just noticed we are number 2 in the most viewed posts of the altcoin announcement thread ( https://bitcointalk.org/index.php?board=159.0) just some more posts and we can beat dogecoin with most viewed posts... edit : okay okay .. actually a lot more posts to beat Dogecoin views Dogecoin : 1261934 views Darkcoin : 1067747 views NXT : 1001442 I just wanna thank all the trolls for the unintentional support they are all showing us, we all really appreciate it. I agree the incessant and laughably transparent trolling of this thread has kept it at the top of the stack for weeks now! I doubt even 1 newb has been swayed by the childish repeating of FUD by certain individuals. the latest round of crying about the MN payments just shows everyone that there really is nothing even the most ardent naysayers have to throw at DRK. talk about clutching at straws........  I mine DRK and have no problem losing 20% to MasterNodes that provide the double service of Anonymous transactions while promoting a proliferation of vital network nodes. Why are you paying them 20% They are not providing any service at this time. According to the latest White Paper you are limited to sending 10 DRK. There are limitations in place to improve the anonymity of DarkSend, you can send up to 10 DRK.Did I miss something? Has that 10 DRK limit been lifted? If not then the masternodes are not doing a damn thing to earn 20%. |
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All I can say is that DRK is doing something right if miners are getting upset.They are the biggest bunch of lazy, hypocritical parasites I've ever come across on bitcointalk.Also, you can easily take a pop at them without any fear of redress whatsoever because, contrary to their own propaganda which would have you believe they're the champions of the crypto-ethics supreme, the only thing that interests them is a profitability equation which, if it works out, will have them stuck to your network like flies to a cowturd. Have a nice day and may the hash be with you !!!! Are you serious? You were one of the few people that I thought was staying above the fray and not wallowing in the shit. Then you go and post this. You are just another a greedy masternode operator. Maybe you should stick to posting your worthless charts and analysis. Could you please explain how miners interest in profit is any different than that of masternode operators? All you greedy masternode operators do is brag about the profit you're making because that's all your interested in. Yet you chastise miners for the same thing. This is the most hypocritical community on bitcointalk. Did you hear that miners? You're nothing but a bunch of lazy, hypocritical parasites.This is what the masternode operators think about miners. Why would any miner want to pay you assholes 20% of their profit? MINERS! Do you see what going on here? They are not just taking 20% of your profits they are calling you parasites. You are second class citizens in the Darkcoin world. DON"T comply with these assholes. MINE on a pool that pays for 100% of you mining efforts. Giving these assholes 20% is foolish given their true colors towards you. DON"T PAY THE 20% TAX. MINE ON A TAX FREE POOL AND KEEP YOUR 20%. Don't pay the 20% tax levied by "The Man" Mine on one of these pools that don't subject miners to the unfair tax.
nicehash.com
ghash.io
x11.ltc1btc.com
darkcoin.cryptocurrency.tw
dark.hashrate.eu
dark.v2.dedicatedpool.com
If any miners think that they are not second class citizens in the Darkcoin world, all you have to do is read what tknormal posted. Here it is again. All I can say is that DRK is doing something right if miners are getting upset.They are the biggest bunch of lazy, hypocritical parasites I've ever come across on bitcointalk.I want to make sure that this Darkcoin supporters post stays visible for all to see. This is what they think about you miners. They take your money and then call you lazy parasites. This is the face of Darkcoin. Arrogance and greed. |
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Miners build coin and maintain network for months. Masternode operators show up to make easy money. Darkcoin core group runs most of masternodes and decides that they want more DRK. masternode operators meet in private and devise scheme to transfer wealth from working class miners into the pockets of the wealthy elite. Darkcoin imposes a 20% tax on the workers and gives it to the the elite.
Miners revolt and refuse to comply with the 20% tax and move their hash power to a pool that isn't imposing the 20% tax. masternode operators don't get their tax payments and cry like little babies. Darkcoin rethinks it's method of masternode payments and changes to a per Darksend fee. Thus charging the people actually sending anonymously using Darksend the fee's needed to run the masternode network. Miners are happy because they no longer are subjected to a 20% tax. masternode operators are happy because they still get paid.
The masternode network is currently based on a flawed methodology. It is unfair and is nothing more than a money grab by a few large darkcoin holders. The people that should be paying the fee's to the masternodes are the people that will be using darksend to make anonymous transactions. Doesn't anyone find it odd that darksend isn't even functional yet the masternode operators are already getting payments? What are they getting paid for?
Why are masternode operators getting paid for a feature that isn't really functional yet?
Don't pay the 20% tax levied by "The Man" Mine on one of these pools that don't subject miners to the unfair tax.
nicehash.com
ghash.io
x11.ltc1btc.com
darkcoin.cryptocurrency.tw
dark.hashrate.eu
dark.v2.dedicatedpool.com
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All I can say is that DRK is doing something right if miners are getting upset.They are the biggest bunch of lazy, hypocritical parasites I've ever come across on bitcointalk.Also, you can easily take a pop at them without any fear of redress whatsoever because, contrary to their own propaganda which would have you believe they're the champions of the crypto-ethics supreme, the only thing that interests them is a profitability equation which, if it works out, will have them stuck to your network like flies to a cowturd. Have a nice day and may the hash be with you !!!! Are you serious? You were one of the few people that I thought was staying above the fray and not wallowing in the shit. Then you go and post this. You are just another a greedy masternode operator. Maybe you should stick to posting your worthless charts and analysis. Could you please explain how miners interest in profit is any different than that of masternode operators? All you greedy masternode operators do is brag about the profit you're making because that's all your interested in. Yet you chastise miners for the same thing. This is the most hypocritical community on bitcointalk. Did you hear that miners? You're nothing but a bunch of lazy, hypocritical parasites.This is what the masternode operators think about miners. Why would any miner want to pay you assholes 20% of their profit? MINERS! Do you see what going on here? They are not just taking 20% of your profits they are calling you parasites. You are second class citizens in the Darkcoin world. DON"T comply with these assholes. MINE on a pool that pays for 100% of you mining efforts. Giving these assholes 20% is foolish given their true colors towards you. DON"T PAY THE 20% TAX. MINE ON A TAX FREE POOL AND KEEP YOUR 20%. Don't pay the 20% tax levied by "The Man" Mine on one of these pools that don't subject miners to the unfair tax.
nicehash.com
ghash.io
x11.ltc1btc.com
darkcoin.cryptocurrency.tw
dark.hashrate.eu
dark.v2.dedicatedpool.com
If any miners think that they are not second class citizens in the Darkcoin world, all you have to do is read what tknormal posted. Here it is again. All I can say is that DRK is doing something right if miners are getting upset.They are the biggest bunch of lazy, hypocritical parasites I've ever come across on bitcointalk. |
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Here's what I want: the same product, with the image on the right changed to Barney Fife, looking as tough as Barney Fife can look (preferably right into the camera) with a Darkcoin coin for his badge. Who can make it happen?
 Well done ! Tx for the update I was ready to do a new version after i am seeing all the FUD (dam are there children out there, uneducated to the max !!) Tx again raze182 What's with the infatuation with "The Man"? Oh wait. Darkcoin is very similar to a government entity. Complete with it's own tax division and tax collectors. So it's "Pay the MAN" or else? This coin is all about generating income for a small few. It's original focus on anonymity is an afterthought. The only people defending this masternode tax are the people running masternodes. Most of them are from a small core group that is making the decisions for Darkcoin. These are the people holding tens of thousands of Darkcoin. Many of those coins were instamined within a few hours after launch. These clowns want you to believe that those coins have already changed hands multiple times but they haven't. Miners! Don't let Darkcoin tax you 20% to give to a few large DRK holders. Mine on a pool that doesn't impose this pathetic 20% tax. It's foolish to pay 20% when you don't have to. Mine on of of these TAX FREE pools nicehash.com ghash.io x11.ltc1btc.com darkcoin.cryptocurrency.tw dark.hashrate.eu dark.v2.dedicatedpool.com |
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I read zero of what you say, because 100% crap is very hard to take to even turn my head that way. What is it with you? getting payed to be here? No one wants you here. What is your incentive to be here? Dont like it, leave! No one is forcing you to be here, and buy or mine DRK. WHY are you even mining DRK? The immense amount of energy trying to defame DRK is really really intriguing. And yes, unfortunately big bold coloured text does make me catch some snippets from you, and its always the lowest of disinformation. He must of lost a lot recently in communitycoin. Taking out his frustrations in here. Sad, very sad. +1~ Agree. Hardly there will be another reason why this guy still in this thread and spread meaningless sh*t. You clowns are too funny. I'm flattered at the attention I'm getting. |
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If you do not like 20% support to the masternodes feel free to mine one of remaining 99.8% coins on the market Or just mine on a pool that isn't collecting the 20% tax like many people are doing. |
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I wish we had trolls who weren't utter morons.
isnt it amazing that trolls keep thinking that its only 2 people that is supposed to hold a 50% instamine, while there was alot more people involved with mining in the beginning... but i guess counting to more than 2 must be difficult... The barrier to entry was using Linux, a free to download, easy to run operating system. I missed the mining period, darn, but I must say complaining about just having Linux available is just showing how stupid you are. I just found out that Dogecoin fell in price because of fights that broke out with trolls and the like. Stand strong, stand firm, stand together. This is the best project in crypto other than Bitcoin, for which we have a Bitcoin API coming. FUD is spread by those that have something to fear, otherwise they wouldn't bother. The greater the FUD the more buying you should do. The only thing I have to fear is getting hurt doing a backroll later this evening when I go wakeboarding. You clowns have fun. I have to get to the river early because I'm test driving a boat I'm thinking about buying with profits made from crypto. The seller is very willing to accept 50% cash and 50% bitcoin on a used Mastercraft X2. He wants to invest in bitcoin but doesn't want to hassle with bank transfers. Makes it easy for both of us. More and more the fact that Bitcoin is the only cryptocurrency with wide adoption that can actually be spent to make purchases becomes more apparent. It will stay that way. Darkcoin will never overtake bitcoin or be widely adopted as a payment method. Hit it! |
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