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Orestes
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July 17, 2016, 06:28:52 PM
Last edit: July 17, 2016, 06:55:58 PM by Orestes |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking (which for now it is). |
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CryptoMrM
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July 17, 2016, 06:40:17 PM |
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Hiya,
2 questions.
1. If we buy SILK on poloniex will it automatically be transferred to the new SILK?
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2. Do you know the reason for the delay in launch?
Thanks!
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Orestes
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July 17, 2016, 06:44:10 PM |
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Hiya,
2 questions.
1. If we buy SILK on poloniex will it automatically be transferred to the new SILK?
and
2. Do you know the reason for the delay in launch?
Thanks!
1. No Silkcoin will be swapped through Weaver, our own platform for handling multiple features (have a look at the white paper in the OP). Poloniex will add the new Silk, SLK to their exchange. 2. No date has been set, what is know is that Silk will be released one month prior to DarkSilk. Developments steadily advancing, expect more updates this month. |
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drizzle2405
Legendary
 Offline
Activity: 1148
Merit: 1000
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July 17, 2016, 06:55:46 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking. Then wow, the market was WAY off and no one really understands the true uses... Typical profit taking. It probably will not sink in until the network is live and running and people see the system working to understand it. For me, I like assets and commodities... Much rather hold them than hold currency. But to each his own. |
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Orestes
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July 17, 2016, 06:57:33 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking. Then wow, the market was WAY off and no one really understands the true uses... Typical profit taking. It probably will not sink in until the network is live and running and people see the system working to understand it. For me, I like assets and commodities... Much rather hold them than hold currency. But to each his own. Exactly, thats why im not worried. But I would like to see things pick up though, because it would give us an estimation on DarkSilk demand  |
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OrsonJ
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July 17, 2016, 07:29:54 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking. Then wow, the market was WAY off and no one really understands the true uses... Typical profit taking. It probably will not sink in until the network is live and running and people see the system working to understand it. For me, I like assets and commodities... Much rather hold them than hold currency. But to each his own. Exactly, thats why im not worried. But I would like to see things pick up though, because it would give us an estimation on DarkSilk demand It's worth bearing in mind the news has only really been shared with people reading this thread (today) and a lot of us are already invested. Once there's greater awareness I'm sure we'll get a better idea of the real demand. |
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Orestes
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July 17, 2016, 07:31:20 PM |
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It's worth bearing in mid the news has only really been shared with people reading this thread (today) and a lot of us are already invested. Once there's greater awareness I'm sure we'll get a better idea of the real demand.
Yup but it's good to know that the few of you get a good grasp on things. That is more important to me than what happens on the exchanges  . But i did push the memo hard today which is up to a point a reason for the spike/crash, but its all within bounds and we created a bit of volume which equals promotion/advertisement. |
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drizzle2405
Legendary
Offline
Activity: 1148
Merit: 1000
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July 17, 2016, 07:36:15 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking. Then wow, the market was WAY off and no one really understands the true uses... Typical profit taking. It probably will not sink in until the network is live and running and people see the system working to understand it. For me, I like assets and commodities... Much rather hold them than hold currency. But to each his own. Exactly, thats why im not worried. But I would like to see things pick up though, because it would give us an estimation on DarkSilk demand Seriously though, by doing the valuation this way and not vice versa, the Silk Network team not only saved Silkcoin, but they are giving it the value it should have had and in all reality placing it above DRKSLK, even though DRKSLK will have more function, it won't be of higher value. Wake up people! That means those of you who kept holding out for the DRKSLK ICO based on the hypothesis that it would be the only useful coin of the two... You got it dead wrong in terms of valuation!!! Your SLK will actually be worth more than your DRKSLK... Wow... |
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Orestes
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July 17, 2016, 07:38:04 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking. Then wow, the market was WAY off and no one really understands the true uses... Typical profit taking. It probably will not sink in until the network is live and running and people see the system working to understand it. For me, I like assets and commodities... Much rather hold them than hold currency. But to each his own. Exactly, thats why im not worried. But I would like to see things pick up though, because it would give us an estimation on DarkSilk demand Seriously though, by doing the valuation this way and not vice versa, the Silk Network team not only saved Silkcoin, but they are giving it the value it should have had and in all reality placing it above DRKSLK, even though DRKSLK will have more function, it won't be of higher value. Wake up people! That means those of you who kept holding out for the DRKSLK ICO based on the hypothesis that it would be the only useful coin of the two... You got it dead wrong in terms of valuation!!! Your SLK will actually be worth more than your DRKSLK... Wow... yup you are spot on, Silk is the Arch and the flood is coming read everything that I said again and all will make sense! |
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traK4Ubitl
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July 17, 2016, 07:43:38 PM |
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So where is this announcement? Did I miss it? I scrolled back through and found some more poetry and new investors losing money.. and watched the sells of silk climb far above 3 million, and read a whole bunch of bag holder horseshit...
Is this yet another release date botched? Or am I just asking 'fuddy' questions again?
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Orestes
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July 17, 2016, 07:45:16 PM |
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So where is this announcement? Did I miss it? I scrolled back through and found some more poetry and new investors losing money.. and watched the sells of silk climb far above 3 million, and read a whole bunch of bag holder horseshit...
Is this yet another release date botched? Or am I just asking 'fuddy' questions again?
Poetry; pen is mightier than the sword. It only takes more time  |
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drizzle2405
Legendary
Offline
Activity: 1148
Merit: 1000
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July 17, 2016, 07:46:12 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking. Then wow, the market was WAY off and no one really understands the true uses... Typical profit taking. It probably will not sink in until the network is live and running and people see the system working to understand it. For me, I like assets and commodities... Much rather hold them than hold currency. But to each his own. Exactly, thats why im not worried. But I would like to see things pick up though, because it would give us an estimation on DarkSilk demand Seriously though, by doing the valuation this way and not vice versa, the Silk Network team not only saved Silkcoin, but they are giving it the value it should have had and in all reality placing it above DRKSLK, even though DRKSLK will have more function, it won't be of higher value. Wake up people! That means those of you who kept holding out for the DRKSLK ICO based on the hypothesis that it would be the only useful coin of the two... You got it dead wrong in terms of valuation!!! Your SLK will actually be worth more than your DRKSLK... Wow... yup you are spot on, Silk is the Arch So when DRKSLK ICO goes berserk, everyone better hold onto their SLK, because it's going to the next Galaxy. |
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traK4Ubitl
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July 17, 2016, 07:46:26 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money So basically darksilk will be backed by fanboy bag holders.. not tangible assets. Sounds great. |
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traK4Ubitl
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July 17, 2016, 07:47:09 PM |
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So where is this announcement? Did I miss it? I scrolled back through and found some more poetry and new investors losing money.. and watched the sells of silk climb far above 3 million, and read a whole bunch of bag holder horseshit...
Is this yet another release date botched? Or am I just asking 'fuddy' questions again?
Poetry; pen is mightier than the sword. It only takes more time Yeh I thought there was a big announcement again today. What was that? |
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Orestes
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July 17, 2016, 07:48:16 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money Based on that, SLK would be of higher value than DRKSLK. Yup I expected a different reaction to be honest. The after announcement sales to me are like a litmus test for DarkSilk demand. It will be more interesting to hold Silk although it won't be of much use. It will be more interesting to use DarkSilk but less interesting to hold(of course it will still be interesting). negative sales mean lack of understanding or just profit taking. Then wow, the market was WAY off and no one really understands the true uses... Typical profit taking. It probably will not sink in until the network is live and running and people see the system working to understand it. For me, I like assets and commodities... Much rather hold them than hold currency. But to each his own. Exactly, thats why im not worried. But I would like to see things pick up though, because it would give us an estimation on DarkSilk demand Seriously though, by doing the valuation this way and not vice versa, the Silk Network team not only saved Silkcoin, but they are giving it the value it should have had and in all reality placing it above DRKSLK, even though DRKSLK will have more function, it won't be of higher value. Wake up people! That means those of you who kept holding out for the DRKSLK ICO based on the hypothesis that it would be the only useful coin of the two... You got it dead wrong in terms of valuation!!! Your SLK will actually be worth more than your DRKSLK... Wow... yup you are spot on, Silk is the Arch So when DRKSLK ICO goes berserk, everyone better hold onto their SLK, because it's going to the next Galaxy. Thats what I will be doing, to each his own. There might be a stabilisation period where fud might get the better of some but in the end DarkSilk will be like a currency and Silk like an asset, thats the bottom line. The exact working of it will be published later. |
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traK4Ubitl
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July 17, 2016, 07:50:08 PM |
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There was a countdown... What was that countdown to? Yet another botched release?
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Orestes
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July 17, 2016, 07:53:53 PM |
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Do we get to know in the end of the month about the ratio of Slk to Drkslk?
The ratio will be determined by market price. But to share the Gold analogy DarkSilk is to money (currency product) as Silk is to gold (investment asset) so you would be switching gold for money So basically darksilk will be backed by fanboy bag holders.. not tangible assets. Sounds great. lol, we have plans for that too, but that is for another time. |
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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July 17, 2016, 07:56:01 PM |
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There was a countdown... What was that countdown to? Yet another botched release?
I was expecting a release today, all I saw was a pump and dump. |
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oneoff
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July 17, 2016, 07:56:13 PM |
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Some friendly general trade advises/reminders - Never invest more than you can afford to lose - Buy the rumor, sell the news (very applicable on today’s trade) - You haven’t loosen anything until you sale your share. If you hold, chances are quite higher that you will gain some profit comparing to selling at a loss Looking forward for the information regarding DRKSLK ICO at the end of this month. |
Maybe I should code a Tipping bot, instead of these well-known DDos bots. I would tip your Wallets until these were overloaded.
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drizzle2405
Legendary
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Activity: 1148
Merit: 1000
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July 17, 2016, 08:03:01 PM
Last edit: July 17, 2016, 08:52:57 PM by drizzle2405 |
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365k buy order @ 4 BTC... Not exactly chump change... Watching closely.
I wish him the best of luck, the trend has been unforgiving this month. Any specific day for info release... Like a kid waiting on a new video game release lol... Before the beginning of next week, we will give an exact time the day before. Trak, with how much you follow the forum there is no way in hell you didn't see this post and the multiple others stating it was an information release. Give me a break.... EDIT: Of course no response back because he seen the post... It's one thing to be on the fence about something, it's another to flat out bullshit lie. |
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