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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 26, 2015, 06:09:15 AM
Swandeli, why are you even here buddy?

From which worthless alt-coin do you have a vested interest in? Monero probably i assume?



I have invested in no altcoins(Just Bitcoin for now). However as you can see through my previous posts, I am apalled by Dash's instamine(But it's interesting to study you all and how even hardcore small time investors would overlook such a impossible-to-overcome obstacle such as the fraudilent instamine in an attempt to make money) and if I absolutely had to choose an alt, it would indeed be monero.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 26, 2015, 05:58:48 AM
I know Otoh and masternode's game.  I'll let them be for now. Hope you dont overestimate or become attached to this, as you know the instamine ensures no real growth will ever take place.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 26, 2015, 05:38:40 AM
I was looking to see why I put mitchr4 on ignore and found this...

I sold... OTOH and masternode are going to own like 30% of the coins by the end of the night.

The price was ~ 0.01234, ouch

yea I made money on that trade, then bought at .16 and made more money. Ill sell again too, because I still think Otoh has way too many coins. He offered to sell 30k coins at a set price today... Dash is going to hit an all time high, but people dont realize that even when it does cross .027 the market cap will be significantly less than it was the first time it was reached.

OH...where did he make the offer?  
It was a special offer only for stonehedge.

why does that matter though? he still had 30k coins just lying around  that he was willing to sell at a flat rate... You dont think thats a little bit dangerous? The only reason why dash has pumped this high is because of Otohs walls. hes at least tripled if not quadrupled his profit on this last pump. I bet he has over 300 btc in dash.


he has more than that, because he is smart enough buy at the lowest price, that is the u should be smart like otoh, he even sell 28k dark to someone and the buyer use it for betting and he lost, thats why there is dump one week ago....people who bought and mine btc in 2009-2010 got more then triple, they got 10000% profit,....

That would be a good comparison if Dash didn't have a severe instamine and faulty masternodes. But it does.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 26, 2015, 05:15:40 AM
I was looking to see why I put mitchr4 on ignore and found this...

I sold... OTOH and masternode are going to own like 30% of the coins by the end of the night.

The price was ~ 0.01234, ouch

yea I made money on that trade, then bought at .16 and made more money. Ill sell again too, because I still think Otoh has way too many coins. He offered to sell 30k coins at a set price today... Dash is going to hit an all time high, but people dont realize that even when it does cross .027 the market cap will be significantly less than it was the first time it was reached.

OH...where did he make the offer?  

https://bitcointalk.org/index.php?topic=421615.msg10886324#msg10886324

30k... I like dash, but this guy essentially cornered the market on the last crash.

Bitcoin whales do the same thing, though on a much higher level(Tens of millions of $). They buy a ton of coins to ensure maximum profit for the inevitable dump. Though this plan could drastically backfire on this Otoh guy, should Dash fail before ever reaching anything worthnothy. That's a high likelyhood considering it did have a severe instamine and all...which as you will all see, will prove to be a barrier that is unable to overcome.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: March 26, 2015, 05:08:11 AM
I was looking to see why I put mitchr4 on ignore and found this...

I sold... OTOH and masternode are going to own like 30% of the coins by the end of the night.

The price was ~ 0.01234, ouch

yea i made money on that trade, then bought at .16 and made more money. Ill sell again too, because I still think otoh has way too many coins. He offered to sell 30k coins at a set price today...

What if it was Otoh who helped instamine Dash....?
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: March 26, 2015, 01:51:37 AM
Tell the devs of Spreadcoin to change this horrible name to something decent and I see it outcompeting the scam instamine that is Dash, quite easily.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: March 26, 2015, 01:43:18 AM
Does Spreadcoin have a instamine?

If it doesn't then that automatically makes it worth more than the scamcoin Dash. All spreadcoin would need now is a better name, the name spreadcoin is one of the worst I have seen for an altcoin. Truly.
8  Other / Meta / Re: Is our moderator Mprep a XMR fanboy?? on: March 26, 2015, 01:12:08 AM
It's weird to see BCX commenting on altcoins. He favors blatant scam or crapcoins such as Goldcoin, Digitalcoin, Maxcoin all of which are centralized scams and group mined by their developers, yet bashes on altcoins that suprisingly do "good" and with integrity - there's only one of which I've seen so far and yes it's monero - , in a sea of filth, scams, and general trash. It's almost as if he's scared of some coins rising to prominence. It's either this guy is a villian who wants all cryptocurrencies to perish by supporting the worst(and using reverse psych to make it seem like hes doing a "good thing"), a troll, or a retard.

Can't tell, I for one, wish he didn't support Bitcoin. Next thing you know BCX is gonna be saying "BTC is dead" just like all those other trolls to try and "game the market" in his favor.

9  Alternate cryptocurrencies / Altcoin Discussion / Re: Trustless, Tradable, Reality-Based Contracts on cryptonote coins on: March 25, 2015, 11:28:57 PM
what it mean "trustless"?  unsafe?
Nope, it just means "as little reliance on central authorities as possible". In the same sense that Bitcoin is trustless - you don't have to rely on Visa or Mastercard or a bank to take care of the ledgers.

Was it implemented? Is it in the working? It'd be interesting to see such a thing on cryptonote, basically monero.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR vs DRK on: March 25, 2015, 10:58:31 PM


Quote

Do you code or know any cryptography at all? All of Fluffypony's points were valid concerning the abundant flaws found in Darkcoin. It doesnt matter if such an attack is practical, its that its possible. If the government wanted they could easily take control of every single darkcoin masternode online, which is 90%+ of them.

Another strange post.

- He made a fundamentally flawed argument around Darksend transactions and change addresses, which was corrected

- He listed all kinds of security requirements (DR infrastructure?) for masternodes which are simply not required by the design

- Every single darkcoin masternode online would be 100% of them. By definition, a darkcoin masternode has to be online to be a masternode.

- Whether a single government could take control of 100% of them is highly questionable. Support your argument.

- Online as in hosted online, not necessarily on an external server, used the wrong words there

- Taking control of 100% of nodes online, especially since most of them are hosted on places like Amazon, would be an extremely easy task, it wouldn't even cost the government any money

You're acting as if it's secure to host nodes online that deliver something as crucial to the network as darkcoins coinjoin "anon feature". Heads up, it's not. I'm even actually having a hard time thinking of a "decentralized system" less secure than darkcoins masternodes.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR vs DRK on: March 25, 2015, 10:43:59 PM
When reading the posts, Fluffypony comes off as someone who is giving both sides of the story simultaneously. Doesn't seem one sided at all to me. It's just that Darkcoin has no attributes and nothing going for it tech wise, so it's getting destroyed that way in conversation. It's like those on the monero team are the 160 IQ nerds and those on the darkcoin team are the half retarded bill boos.

What a silly post.

Nobody from the DRK team has posted AFAIK, so your point is invalid.

Fluffypony is clearly a very smart guy and has made some great contributions to the discussion. However, he was highly critical of Darksend based on a flawed understanding and also made some rather odd claims about masternode security requirements. His core argument around compromising the masternode network was based on gaining control of a number of nodes that he couldn't quantify, meaning he couldn't demonstrate whether such an attack would be practical.




Do you code or know any cryptography at all? All of Fluffypony's points were valid concerning the abundant flaws found in Darkcoin. It doesnt matter if such an attack is practical, its that its possible. If the government wanted they could easily take control of every single darkcoin masternode online, which is 90%+ of them. Its hard to believe that some altcoiners actually back up a coin that didnt just have a instamine, but also has rotten features as well.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR vs DRK on: March 25, 2015, 09:54:10 PM
When reading the posts, Fluffypony comes off as someone who is giving both sides of the story simultaneously. Doesn't seem one sided at all to me. It's just that Darkcoin has no attributes and nothing going for it tech wise, so it's getting destroyed that way in conversation. It's like those on the monero team are the 160 IQ nerds and those on the darkcoin team are the half retarded bill boos.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR vs DRK on: March 25, 2015, 03:55:06 PM
So after 14 pages of discussion, I think a conclusion can be drawn now.

Monero: A coin with a pretty damn sophisticated dev team, they are practically geniuses. fair, and hardworking. The coin has drawn attention not just from other alternative cryptocurrenncy enthusiasts, but from those in the main bitcoin community and outside the crypto community as well. It offers the haven between transparency and anonymity with it's Ring Signatures, which is a time tested, highly secure way to send and receive anonymous transactions, and is one of the most practical cryptocurrencies to use for such reasons.

Monero gets 5/5 stars.

Dash/Darkcoin: A coin with a very disturbing instamine where those who mined within the very first few hours attained a absolutely massive amount of coins illegitimately. That issue has never been fixed even though the opportunity presented itself for Dash/Darkcoin's developer to simply "restart" the coin, leading to the conclusions that the instamine was done on purpose by the developer of Dash/Darckoin, or comes from extreme incompetence by the developer of Dash/Darkcoin. Instamine aside, the masternode scheme itself presents a new problem, where masternodes are PoS nodes that receive coins for hardly contributing to Dash/Darkcoin's network, unlike mining where miners verify transactions and secure the hashrate. Then there is the centralization issue from the developer of Dash/Darkcoin where he possesses a "switch" to revoke or implement forks without the community's consent should he ever wish to. Ultimately, Darkcoin is vaporware, it's implementation of gmaxwell's coinjoin is snotty at best and lacks the integrity through it's instamine and Masternodes to be considered a "decent" coin.

Darkcoin gets 2/5 stars.


haha yes, obviously a fair and unbiased appraisal of the debate....

I have read all 14 pages of this thread to give those conclusions. I hold neither monero or dash/darkcoin. Face reality, I don't give 2 "fucks" about altcoins, but if I had absolutely had to I would probably choose just monero out of the sea of garbage that is altcoins. Darkcoin got the shit instamined out of it during it's release. There's no excuses for that crap to happen and then its passed off as "no big deal", not even the infamous auroracoin scam had that happen. Its so funny seeing "darkcoiners" rallying behind a coin with a fricking Instamine. That crap isn't going anywhere. Stick to bitcoin kids.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR vs DRK on: March 25, 2015, 03:46:57 PM
So after 14 pages of discussion, I think a conclusion can be drawn now. I'm a bitcoiner, and this is one of the few times I will have posted in the altsection(Yes this is a newbie because I don't want to be involved with such things on my main account). This thread and the "war" between the alts drk and xmr has caught my attention and below are my conclusions.

Monero: A coin with a pretty damn sophisticated dev team, they are practically geniuses. fair, and hardworking. The coin has drawn attention not just from other alternative cryptocurrenncy enthusiasts, but from those in the main bitcoin community and outside the crypto community as well. It offers the haven between transparency and anonymity with it's Ring Signatures, which is a time tested, highly secure way to send and receive anonymous transactions, and is one of the most practical cryptocurrencies to use for such reasons.

Monero gets 5/5 stars.


Dash/Darkcoin: A coin with a very disturbing instamine where those who mined within the very first few hours attained a absolutely massive amount of coins illegitimately. That issue has never been fixed even though the opportunity presented itself for Dash/Darkcoin's developer to simply "restart" the coin, leading to the conclusions that the instamine was done on purpose by the developer of Dash/Darckoin, or comes from extreme incompetence by the developer of Dash/Darkcoin. Instamine aside, the masternode scheme itself presents a new problem, where masternodes are PoS nodes that receive coins for hardly contributing to Dash/Darkcoin's network, unlike mining where miners verify transactions and secure the hashrate. Then there is the centralization issue from the developer of Dash/Darkcoin where he possesses a "switch" to revoke or implement forks without the community's consent should he ever wish to. Ultimately, Darkcoin is vaporware, it's implementation of gmaxwell's coinjoin is snotty at best and lacks the integrity through it's instamine and Masternodes to be considered a "decent" coin.

Dash/Darkcoin gets 2/5 stars(Would be 1/5 but I have to give credit for the coding that has been done so far).
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