[OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading

[TDB]

What are you guys at Bitfinex doing to insure another crash of the site doesn't happen like a few days ago when it was under heavy load?

[Propulsion]

Hi, recenlty i saw DRK fees on perfomance page, do you have any plans adding DRK coin?

i just saw another member asking the same 

The answer is yes.

Thanks Non-Bitfinex Employee.

[opet]

The answer is yes.

Says who?  Still no official confirmation as far as I can tell...

[gizmoh]

If this is confirmed then this is a bad move. To allow trading of a new anonymous alpha coin, still prone to forks and serious bugs, with suspicions of being pre-mined (50%) by its developer. I sure hope Margin trading isn't allowed for that roller-coaster coin..

[luke997]

(...) with suspicions of being pre-mined (50%) by its developer. (...)

How many times... There is no premine.

[gizmoh]

(...) with suspicions of being pre-mined (50%) by its developer. (...)

How many times... There is no premine.

Where is the empirical evidence?

I said "suspicions" by reading this:
https://bitcointalk.org/index.php?topic=560138.0

[luke997]

(...) with suspicions of being pre-mined (50%) by its developer. (...)

How many times... There is no premine.

Where is the empirical evidence?
I said "suspicions" by reading this:
https://bitcointalk.org/index.php?topic=560138.0

Where is the evidence?

Hate campaign by several users who promote their own scam coins is hardly anything.
Better check this user's history, and you'll realise where the real scam is.
As always, with the success comes hate. Same for BTC, LTC, now DRK...

http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

[TERA]

It's amazing to watch how the price rallies over crap like this - shows how gullible people are.

[gizmoh]

(...) with suspicions of being pre-mined (50%) by its developer. (...)

How many times... There is no premine.

Where is the empirical evidence?
I said "suspicions" by reading this:
https://bitcointalk.org/index.php?topic=560138.0

Where is the evidence?

Hate campaign by several users who promote their own scam coins is hardly anything.
Better check this user's history, and you'll realise where the real scam is.
As always, with the success comes hate. Same for BTC, LTC, now DRK...

http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

So indeed 2 million Drk were created due to a "bug". According to Drk wiki those coins were supposedly distributed , the proof being just pointing to some posts of folks selling cheap.. Wow.



Was Darkcoin Instamined?

~2mn coins were issued in the first 48 hours due to problems with the difficulty readjustment. That represents approximately 10-15% of the total money supply that will ever be issued.
The majority of these coins were distributed through the market in the following weeks and months at very low price levels* (0.0000x BTC per DRK to 0.000x BTC per DRK) and a lot of them were also absorbed in the April/May 2014 price increase.

• Examples of prices and selling action almost two weeks after launch:

https://bitcointalk.org/index.php?topic=421615.msg4861558#msg4861558
https://bitcointalk.org/index.php?topic=421615.msg4889177#msg4889177

[luke997]

(...) with suspicions of being pre-mined (50%) by its developer. (...)

How many times... There is no premine.

Where is the empirical evidence?
I said "suspicions" by reading this:
https://bitcointalk.org/index.php?topic=560138.0

Where is the evidence?

Hate campaign by several users who promote their own scam coins is hardly anything.
Better check this user's history, and you'll realise where the real scam is.
As always, with the success comes hate. Same for BTC, LTC, now DRK...

http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

So indeed 2 million Drk were created due to a "bug". According to Drk wiki those coins were supposedly distributed , the proof being just pointing to some posts of folks selling cheap.. Wow.



Was Darkcoin Instamined?

~2mn coins were issued in the first 48 hours due to problems with the difficulty readjustment. That represents approximately 10-15% of the total money supply that will ever be issued.
The majority of these coins were distributed through the market in the following weeks and months at very low price levels* (0.0000x BTC per DRK to 0.000x BTC per DRK) and a lot of them were also absorbed in the April/May 2014 price increase.

• Examples of prices and selling action almost two weeks after launch:

https://bitcointalk.org/index.php?topic=421615.msg4861558#msg4861558
https://bitcointalk.org/index.php?topic=421615.msg4889177#msg4889177

These coins were not "created".
Coins were mined. You could have mined. I could have (I didn't).
There was an announcement, fair play.
No one shouted that loud until coin got big... of course it is easy to look back and point out fingers.

[coins101]

I've split my investments between BTC and DRK. Take this as a biased view.

The darkcoin rich list have been net buyers over the last month or so.  



The Nr.1 wallet used to have the value of Pi as his holdings. In the last week he topped up with 5k BTC to go to 333,333.



I also saw one of the devs post in IRC a few days ago that he bought another 100 BTC worth of DRK at ~0.02 when the price was falling from near ATH.

Along with the volume of trade at levels none of the original darkcoin holders could have imagined, the usual first few weeks of OTC trading, I'd say most of the early mined coins are very well distributed.

I wasn't around at the launch, I bought 90% of my DRK, mined the rest to get used to the community support and the tech.

I think this 'instamined' stuff is one of the few lingering non-issues from the launch.

The bigger issue is making sure the code is done right. From what I read, they are taking their time to get it right and not now pandering to the audience who keep shouting for things to be released quicker.

[LOADING.READY.RUN]

Wow, spike time! My stop-loss for a short got filled 40 USD (!) above the stop-price I set. Damn. Any suggestions as to how I can make it safer? Is there really nothing that can be done on your side to make the stops work better?  I understand the mechanisms when a big market buy happens, so I guess there's little you can do about it...

Apparently also the Bitstamp USD reserve has been exhausted again. The spike would've been at least 20 lower if this hadn't happened. Which brings us back to the same issues we had in the November rally. Now that you changed the order book integration of Bitstamp we don't have any way of seeing when this happens, the order book just suddenly becomes thinner. Is there any way you could indicate to the users when this is about to happen? Please go back and consider possible solutions.

I understand that you have to minimize the risk of leaving funds on stamp, but when they go to zero, it's usually us traders who have to take the cost for it...

[gizmoh]

DRK mentioned no more on Performance page. False Alarm 

[TERA]

Having any significant portion of your holdings in DRK is a bad move at this point. It is currently trading higher than litecoin yet it has the same max coin structure, and litecoin has years of serious adoption behind it. This price is only temporary and due to the present lack of coins on the market because it is new. It is not becase of demand and there is practically no support on the orderbooks compared to that of litecoin. We have seen this a dozen times before with altcoin IPOs - these are just IPO prices. At some point the supply side will start getting dumped into the market and it will fall apart. Meanwhile, people are desperately trying to pump it with rumors of being added of being added to bitfinex. And the other day its very fundamentals were called into question as it forked, setting the stage for a different more reliable altcoin to take its place even.

[illodin]

Having any significant portion of your holdings in DRK is a bad move at this point. It is currently trading higher than litecoin yet it has the same max coin structure, and litecoin has years of serious adoption behind it. This price is only temporary and due to the present lack of coins on the market because it is new. It is not becase of demand/buying and there is practically no support on the orderbooks compared to that of litecoin. At some point the supply side will start getting dumped into the market and it will fall apart. Meanwhile, people are desperately trying to pump it with rumors of being added of being added to bitfinex. And the other day its very fundamentals were called into question as it forked, setting the stage for a different more reliable altcoin to take its place even.

There are 10x more litecoins mined every year than darkcoins. So there has to be 10x more new money coming in to buy all those litecoins to just keep the value the same.

[F-bernanke]

Having any significant portion of your holdings in DRK is a bad move at this point. It is currently trading higher than litecoin yet it has the same max coin structure, and litecoin has years of serious adoption behind it. This price is only temporary and due to the present lack of coins on the market because it is new. It is not becase of demand and there is practically no support on the orderbooks compared to that of litecoin. We have seen this a dozen times before with altcoin IPOs - these are just IPO prices. At some point the supply side will start getting dumped into the market and it will fall apart. Meanwhile, people are desperately trying to pump it with rumors of being added of being added to bitfinex. And the other day its very fundamentals were called into question as it forked, setting the stage for a different more reliable altcoin to take its place even.

How high is DRK inflation at the moment in %? LTC has some serious high inflation already, My gues is that any new shit coin has way higher inflation.

[TERA]

It appears I was wrong about the max coins of darkcoin or the information changed and now I see that darkcoin actually has 22m max coins. sorry. In any case it seems extremely high for a new altcoin and in 'IPO-mode'. It's usually a good idea to wait till after IPO-mode (a few months) is over because there is usually an extended and horrific bear market afterwards.

[zombie6]

It appears I was wrong about the max coins of darkcoin or the information changed and now I see that darkcoin actually has 22m max coins. sorry. In any case it seems extremely high for a new altcoin and in 'IPO-mode'. It's usually a good idea to wait till after IPO-mode (a few months) is over because there is usually an extended and horrific bear market afterwards.

Reading this makes me wonder if you have any clue what this coin is really about.

[eltito]

It appears I was wrong about the max coins of darkcoin or the information changed and now I see that darkcoin actually has 22m max coins. sorry. In any case it seems extremely high for a new altcoin and in 'IPO-mode'. It's usually a good idea to wait till after IPO-mode (a few months) is over because there is usually an extended and horrific bear market afterwards.

IPO-mode?  I'm not sure I understand.  DRK is not an IPO coin.

22M is estimated max over something like 50 years.  There were ~4.3M in circulation last I looked.  Max newly minted decreases by 7% per year.  This information has been out for at least a couple months now.  Nothing has changed since then.

[medicine]

If this is confirmed then this is a bad move. To allow trading of a new anonymous alpha coin, still prone to forks and serious bugs, with suspicions of being pre-mined (50%) by its developer. I sure hope Margin trading isn't allowed for that roller-coaster coin..

I agree with gizmoh, I think adding Darkcoin to the exchange is a terrible idea.  It is far too young and volatile like the cards dealt in a poker hand.  It's a gamble and will only add unnecessary risk to this already high risk trading game.

Strongly disagree with adding DRK.