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Orestes
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July 24, 2016, 08:59:04 PM |
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That's a lot of BTC to be messing with just to create an "opportunity"... Seriously..
Sometimes I'm amazed at the amounts that investors play with, but this is crypto, and money doesnt mean the same to all. |
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NoobKidOnTheBlock
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July 25, 2016, 09:48:23 AM |
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I'm getting really excited about this DRKSLK to come about for sure  Skies the limits guys  |
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▇▇▇▇▇▇ | | ... | ............NoobKidOnThe.BLOCK.....
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r.o.o.t
Member
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Activity: 98
Merit: 10
http://github.com/root8/fsigDecredGUI
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July 25, 2016, 10:05:25 AM |
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Interesting to see a new hashing algo used. But I do not see much activity here : https://github.com/scdeveloper/silk-release-candidate. Darksilk seems more active, keep up the good work ! |
..-- ▰▰ DECRED.ORG ▰▰ --.. |
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SLievensDRKSLK (OP)
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July 25, 2016, 10:35:27 AM |
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We are working out of a private repo during the leadup to release. |
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drizzle2405
Legendary
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Activity: 1148
Merit: 1000
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July 25, 2016, 01:41:24 PM |
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Anyone playing chicken right now before release is crazy... This thing can turn on a dime...
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Xtrata
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July 25, 2016, 01:43:04 PM |
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Anyone playing chicken right now before release is crazy... This thing can turn on a dime...
Well, someone is doing it, sellwalls up, pushing price down, below what they bought for most likely. |
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drizzle2405
Legendary
Offline
Activity: 1148
Merit: 1000
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July 25, 2016, 05:01:29 PM |
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Anyone playing chicken right now before release is crazy... This thing can turn on a dime...
Well, someone is doing it, sellwalls up, pushing price down, below what they bought for most likely. Well whomever bought that block @ almost 1 mil isn't going to lose their BTC and they will want at least a double... I could see them bailing at 3200 sats, so I am looking for a low of at least that once the release happens... Later on down the road, sky is the limit... |
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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July 25, 2016, 05:39:04 PM |
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The ICO news did not bring much enthusiasm.
Market is changing rapidly as we all know here in crypto. Hope you guys have some fireworks ready for the release to come.
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Xtrata
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July 25, 2016, 05:52:09 PM |
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The ICO news did not bring much enthusiasm.
Market is changing rapidly as we all know here in crypto. Hope you guys have some fireworks ready for the release to come.
It was for DRKSLK so no news for Silk, not strange imo. |
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leigh2k14
Legendary
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Activity: 1288
Merit: 1000
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July 25, 2016, 07:04:58 PM |
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Anyone else find DRKSLK a bit expensive?
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Orestes
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July 25, 2016, 07:48:07 PM
Last edit: July 25, 2016, 08:08:12 PM by Orestes |
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Anyone else find DRKSLK a bit expensive?
Considering the USD 0.25 starting point and the 4M supply that gives a USD 1M market capitalisation on day 1. Right now Silkcoin is valued at USD 400k without any of the nice features DarkSilk has. We estimate DarkSilk's worth to be well over 2.5 times that of the current Silkcoin, at it's peak Silkcoin even had a market cap of USD 1.5M. When looking from a user's perspective, a currency should not have a too low worth or it would be cumbersome in daily use. There is still a lot of room for price growth with DarkSilk. |
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Xtrata
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July 25, 2016, 08:08:07 PM |
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You can probably find 10-15 other coins that started with alot higher price after ICO. Price is actually kinda cheap compared to many. If I had spare BTC I would invest but most is still in Silkcoin.
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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July 25, 2016, 08:44:43 PM |
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Anyone else find DRKSLK a bit expensive?
Considering the USD 0.25 starting point and the 4M supply that gives a USD 1M market capitalisation on day 1. Right now Silkcoin is valued at USD 400k without any of the nice features DarkSilk has. We estimate DarkSilk's worth to be well over 2.5 times that of the current Silkcoin, at it's peak Silkcoin even had a market cap of USD 1.5M. When looking from a user's perspective, a currency should not have a too low worth or it would be cumbersome in daily use. There is still a lot of room for price growth with DarkSilk. Fair points. |
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yell4george
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July 25, 2016, 09:24:33 PM
Last edit: July 25, 2016, 09:36:24 PM by yell4george |
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Anyone else find DRKSLK a bit expensive?
Considering the USD 0.25 starting point and the 4M supply that gives a USD 1M market capitalisation on day 1. Right now Silkcoin is valued at USD 400k without any of the nice features DarkSilk has. We estimate DarkSilk's worth to be well over 2.5 times that of the current Silkcoin, at it's peak Silkcoin even had a market cap of USD 1.5M. When looking from a user's perspective, a currency should not have a too low worth or it would be cumbersome in daily use. There is still a lot of room for price growth with DarkSilk. Fair points. The market will set the price of drkslk based on demand. All the team is doing is setting a lower limit ($.25) and upper limit ($2.50). Personally, I prefer this method because how many coins are set too high during ico, the devs get the money, bounce, then everybody dumps. The worst thing a company (or coin) can do is be overvalued upon launch because then you have nowhere to go but down. The plan is to give a fair value for the coin based on demand, not a predetermined price. |
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drizzle2405
Legendary
Offline
Activity: 1148
Merit: 1000
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July 25, 2016, 10:03:21 PM |
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For the innovation and everything put into this, a $1 million market cap is really nothing for DRKSLK...
Will see how this plays out and how the interaction with SLK plays out as well.
Honestly both the numbers of outstanding coins are relatively low compared to what is out there.
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Orestes
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July 25, 2016, 10:23:26 PM |
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For the innovation and everything put into this, a $1 million market cap is really nothing for DRKSLK...
Will see how this plays out and how the interaction with SLK plays out as well.
Honestly both the numbers of outstanding coins are relatively low compared to what is out there.
I wholeheartedly agree  |
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nzminer
Legendary
Offline
Activity: 1918
Merit: 1001
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July 26, 2016, 12:38:05 AM |
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OK, so my question with the ICO for DRKSLK, I take it that through the weaver we send our SLK for exchange of DRKSLK tokens?
Or will you only be accepting BTC?
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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Solero
Newbie
Offline
Activity: 56
Merit: 0
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July 26, 2016, 06:22:23 AM |
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Way at the bottom of the post you will find that Silkcoin can be swapped for SLK and SLK and BTC can be used to buy DarkSilk.
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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July 26, 2016, 06:32:36 AM |
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Just a tip for everybody staking Silkcoin.
Go on Wallet -> Actions -> Debug
Switch on the Console Tab
and type the following command
repairwallet
You will get rid of all the orphans.
Nice to have a clean transaction sheet.
Regarding the DRKSLK price, sorry guys but I think is too high. It needs to be proven that way.
But, usually, I'm totally against any ICO. I'm for a normal coin launch.
Let the users decide the price (Ok, I know you need money for developing...)
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Orestes
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July 26, 2016, 07:40:32 AM
Last edit: July 26, 2016, 09:09:52 AM by Orestes |
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Just a tip for everybody staking Silkcoin.
Go on Wallet -> Actions -> Debug
Switch on the Console Tab
and type the following command
repairwallet
You will get rid of all the orphans.
Nice to have a clean transaction sheet.
Regarding the DRKSLK price, sorry guys but I think is too high. It needs to be proven that way.
But, usually, I'm totally against any ICO. I'm for a normal coin launch.
Let the users decide the price (Ok, I know you need money for developing...)
The nature of our project will not allow us to run a 'normal' coin launch. The way it is setup we will always be in need of collateral, which could be seen as a pre-mine, so this is not about private funding, we need to ensure that Weaver is equipped with a decent amount of DRKSLK. We capped the price at USD 0.25 so that if only 1 BTC was raised the price would remain the same, only less DRKSLK would be distributed. The prove therefor will not be in the price but in the amount we put into circulation, if demand is great then we might see a rise in price. OK, so my question with the ICO for DRKSLK, I take it that through the weaver we send our SLK for exchange of DRKSLK tokens?
Or will you only be accepting BTC?
Silkcoin needs to be swapped to SLK, DRKSLK can be acquired with SLK or BTC. Remember Silk and DarkSilk will end up being like a one-two combo of the same coin, in their succes SLK(asset) will be determined more by price, DRKSLK(currency) by market supply, while their respective market cap will tend to reach parity. |
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