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Author Topic: Why did darkcoin jump up so much?  (Read 1944 times)
spazzdla (OP)
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March 23, 2015, 06:23:50 PM
 #21

Any reasons?
You deserve a serious answer, which I didn't see in this thread.

1) Darkcoin is rebranding this week to Dash (digital cash), which removes a lot of negative connotations. This is having an effect. Many investors that had stayed away because of the name, but who respect the technology are now willing to invest. There is also a lot of merchants that have stayed away for the same reasons that anecdotal evidence suggests will be much more receptive to adoption.

2) The coin got a lot of attention in the last week on a Let's Talk Bitcoin episode devoted to Darkcoin in which they interviewed the lead developer. It really highlighted to a lot of new people just how advanced the coin has become and the development roadmap ahead. https://soundcloud.com/mindtomatter/ltb-e196-distortions-towards-privacy-or-many-hands-makes-light-work

3) New version coming out (on testnet now) that introduces the new branding, new UI, and "blinding" functionality that will drastically improve anonymity.

4) Many other theories (like the Evolution theft being converted to Darkcoin), but I doubt these rumors.

5) Just by making it to the point that it's on Litecoin's doorstep for the #2 spot has a lot of new people researching the coin (like yourself) and that feeds off itself. The more that investigate, the more that invest, the more the price increases. Repeat.

To me, these are the main reasons.

Sweet thanks!!
Este Nuno
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March 23, 2015, 08:12:27 PM
 #22


DARSH


https://www.youtube.com/watch?v=vveb-29tOSg
qwizzie
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March 23, 2015, 08:20:22 PM
 #23

oh dear, its breaking out again .. DASH just keeps dashing forward

https://bitcoinwisdom.com/markets/cryptsy/drkbtc


Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
nachoig
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March 23, 2015, 10:01:44 PM
Last edit: March 23, 2015, 11:32:12 PM by nachoig
 #24

It's a shame to see how the top 10 market cap of coins is full of questionable coins which don't deserve this place, or even worse, literally scams coins.

Currently the only serious coins in that list are Bitcoin, Litecoin, BitShares and Peercoin.

Ripple: their gateway system can be interesting for remittances, but a coin where more than 70% are in the hands of its creators?
Darkcoin: the reward per block never matchs the intended formula: https://i.imgur.com/1KyeATF.jpg They also changed the formula various times and the max coin supply later in order to benefit who mined this coin in the first hours.
Stellar: it sounds like a random Ripple clone, it never explained what is doing here.
Dogecoin: used the stupid innovation from Luckycoin, which is the random rewards. Lately they realized this was a bad idea and fixed it.
NXT: they closed the IPO without previous warning: https://bitcointalk.org/index.php?topic=303898.msg3620732#msg3620732
Paycoin: a scam coin from GAW, with 12 million of premined coins, false partnerships to increase its merchant acception and a lot of other lies.
illodin
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March 23, 2015, 10:26:14 PM
 #25

Because DARSH holders make more money by capturing more victims, so they use very aggressive cult-like marketing tactics to sucker people in.

Fortunately this kind of Ponzi scheme is illegal in Arizona, and the process have it stopped has already begun.

The only place where "the process" has started is in your head.


Now back on topic, I don't see the ponzi man. By your logic proof of stakes are ponzies too?  Masternodes are basically proof of stake with a minimum amount of network weight, in this case 1000drk.

Yeah it's not a ponzi and he knows it. The only reason he is trying to convince anyone it is is this:

Just letting them know we know 'where the bodies are buried' may be sufficient to convince them to pull a Friedcat (IE take the money and run) and get out of XMR's hair.
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