oblox
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Activity: 1442
Merit: 1018
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April 19, 2014, 12:27:10 AM |
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Does anyone know where the best volume is for DRK? I have just put a 5 BTC order in over at MintPal for DRK (3192 DRK) but only 4 have been purchased and the rest are in orders.
Does this mean that MintPal doesn't have enough coins at the moment to fulfil the buy order?
Means there is no sellers for the amount you are bidding. |
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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eizh
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April 19, 2014, 12:32:48 AM |
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Does anyone know where the best volume is for DRK? I have just put a 5 BTC order in over at MintPal for DRK (3192 DRK) but only 4 have been purchased and the rest are in orders.
Does this mean that MintPal doesn't have enough coins at the moment to fulfil the buy order?
MintPal is just an orderbook. Current going rate for BTC/DRK on MintPal is 0.00167. At 5 BTC for 3192 DRK, you're asking for a price of .0015664. Unless the price of DRK goes lower, your order won't be fulfilled because sellers will sell to people offering more money than you for the same amount of DRK. Actually, looking at it right now, MintPal doesn't have the volume to fulfill 3000 DRK without going to very high prices (over 0.002). You're better off on Cryptsy for such a larger order. At the current buy/sell depths, you can buy 5 BTC worth without going over 0.0018. |
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DuvajBalone
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April 19, 2014, 12:42:14 AM |
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How does DarkSend compare to this CryptoNote technology https://cryptonote.org ? Is DarkSend better, or it is exactly the same tech? I've been following this development. Short answer: no one knows yet. The blockchain explorer for BCN ("Bytecoin") only just came online because its been hidden in the darknet for 2 years (it's basically 80% pre-mined during that time). They have the same functionality: CryptoNote's ring signatures mix transactions so that it only proves you were part of a group, not precisely who sent what to whom. DarkSend accomplishes the same thing using masternodes and pools, and it seems their degree of anonymity is similar (i.e. much more than BTC, but less than zero-knowledge proofs). I think which one is more successful depends on which ones develops faster and gains the network effect. Remember that ring signatures were already talked about earlier in this thread, and iirc Evan mentioned possibly incorporating them in a future implementation of DarkSend. Great, thanks to both of you. DarkSend will be brilliant. |
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GhostPlayer
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Activity: 1092
Merit: 1000
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April 19, 2014, 12:47:05 AM |
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Does anyone know where the best volume is for DRK? I have just put a 5 BTC order in over at MintPal for DRK (3192 DRK) but only 4 have been purchased and the rest are in orders.
Does this mean that MintPal doesn't have enough coins at the moment to fulfil the buy order?
MintPal is just an orderbook. Current going rate for BTC/DRK on MintPal is 0.00167. At 5 BTC for 3192 DRK, you're asking for a price of .0015664. Unless the price of DRK goes lower, your order won't be fulfilled because sellers will sell to people offering more money than you for the same amount of DRK. Actually, looking at it right now, MintPal doesn't have the volume to fulfill 3000 DRK without going to very high prices (over 0.002). You're better off on Cryptsy for such a larger order. At the current buy/sell depths, you can buy 5 BTC worth without going over 0.0018.  |
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coins101
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Activity: 1456
Merit: 1000
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April 19, 2014, 01:14:53 AM |
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Litecoin is officially over.
why do you say that? |
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coins101
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Activity: 1456
Merit: 1000
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April 19, 2014, 01:27:20 AM |
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I only have one concern with DRK.
The only real problem DRK might run into is regulators....and the name Darkcoin is like a red rag to a bull
Regulators can only control fiat, not crypto. You can't effectively regulate bits and bytes, to think one can is foolish. The days of government are numbered since their ability to track wealth is. 1. They're foolish. 2. They still have us outgunned. But I'm with you, comrade!  The general consensus by regulators seems to be this: 1. If you are moving digital coins around, there is no real problem. They think of it as la-la land, i.e. not real. 2. If you are moving out of la-la land and transacting digital coins with fiat, then the choke points where fiat enters and exists or is used as part of the exchange execution, then KYC has to be applied ( or in the case of China, informally-formally banned). The problem with darkcoin is not regulators cracking down on it. There have already been statements around zerocash that the choke points are the primary areas of concern. The issue is finding a way for merchants to feel comfortable with using it. For that I think some integration with third party kyc providers is a way forward. That way it is optional - if a merchant demands it in order to use darkcoin, then you can choose to transact with that merchant. |
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fearcoka
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Activity: 1008
Merit: 1000
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April 19, 2014, 02:55:45 AM |
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Heavy sell wall :s
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Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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huynhthuan99
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April 19, 2014, 04:09:56 AM |
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5c 7970 driver is used? thank
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sharkbyte093
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April 19, 2014, 06:06:15 AM |
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Price-wise, probably one of the more frustrating coins... Has a ton of potential, yet the price keeps getting hammered down repeatedly. Something not adding up.
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peteycamey
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Activity: 1184
Merit: 1017
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April 19, 2014, 07:24:54 AM |
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Price-wise, probably one of the more frustrating coins... Has a ton of potential, yet the price keeps getting hammered down repeatedly. Something not adding up. 10% insta-mine total coins. which means 50% insta-mine coins of currently in circulation. which means instant dump by the few who owns it as soon as the price moves up a bit which means price will not be high for at least 6 months. to make matters even worse they decreased the number of coins from 80 mil to 20 mil which makes the coin distribution even more unfair. |
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eizh
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April 19, 2014, 07:34:29 AM |
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Price-wise, probably one of the more frustrating coins... Has a ton of potential, yet the price keeps getting hammered down repeatedly. Something not adding up. 10% insta-mine total coins. which means 50% insta-mine coins of currently in circulation. which means instant dump by the few who owns it as soon as the price moves up a bit which means price will not be high for at least 6 months. to make matters even worse they decreased the number of coins from 80 mil to 20 mil which makes the coin distribution even more unfair. Yet apparently worth your time to troll.  Of course, perhaps your time is just worth very little. The hardcore facts suggest so. |
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sdersdf2
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April 19, 2014, 07:43:56 AM
Last edit: April 19, 2014, 08:07:51 AM by sdersdf2 |
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Price-wise, probably one of the more frustrating coins... Has a ton of potential, yet the price keeps getting hammered down repeatedly. Something not adding up. 10% insta-mine total coins. which means 50% insta-mine coins of currently in circulation. which means instant dump by the few who owns it as soon as the price moves up a bit which means price will not be high for at least 6 months. to make matters even worse they decreased the number of coins from 80 mil to 20 mil which makes the coin distribution even more unfair. Yet apparently worth your time to troll. Of course, perhaps your time is just worth very little. The hardcore facts suggest so. Don't call him a troll - he's right. It would explain what's wrong with this coin marketwise. Every time it makes headway towards 20, no matter how strong or substantive the news, it gets dragged down (I wouldn't say hammered). My question, to Darkcoin believers, and to those who know how much of this "overhead supply" is out there - how long before it's run down? Is 6-months a likely scenario - is that how much longer there is to wait before the road is cleared so this coin can rise above 20? And for those asking for patience, it's been like this for weeks/months while a number of other coins, with much less substance/news, have soared. The opportunity cost for holders of this coin has been huge (then again, so has the benefit of being spared from the volatility of scam/blipcoins). I'm hopeful Darksend coming out to full release and the marketing push will help give this coin the massive attention it deserves. But dont dismiss those frustrated with its treatment on the exchanges so far - its price behavior has not been normal. |
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Freckleg
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April 19, 2014, 08:05:37 AM |
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Guys please investigate and do some research before you post, look at the wallet distribution. Only the top accounts have a lot of coins. Which includes those of tradingplatforms. After the top 10 wallets, the next wallets have considerable less coins. Compare to any other altcoin distribution over wallets outstanding is much fairer.
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sdersdf2
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April 19, 2014, 08:07:23 AM |
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Guys please investigate and do some research before you post, look at the wallet distribution. Only the top accounts have a lot of coins. Which includes those of tradingplatforms. After the top 10 wallets, the next wallets have considerable less coins. Compare to any other altcoin distribution over wallets outstanding is much fairer.
Yes, that seems to be the case, but then how do you explain this coin's inability to rise beyond 12-15? |
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smfx_459
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April 19, 2014, 08:12:58 AM |
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I dont know that whether only linux wallet on release ?  |
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Freckleg
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April 19, 2014, 08:15:46 AM |
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There is not too much trading volume out there. Some early holders of Dark are looking to make a quick profit. Which is good for them but will also be good for those who buy their Darks in the longer term. We have to wait for DarkSend to work and for more nodes to be up. Then 15 will most likely be 150 or 200 quite fast.
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Queeq
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April 19, 2014, 08:26:01 AM |
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Guys please investigate and do some research before you post, look at the wallet distribution. Only the top accounts have a lot of coins. Which includes those of tradingplatforms. After the top 10 wallets, the next wallets have considerable less coins. Compare to any other altcoin distribution over wallets outstanding is much fairer.
Those huge wallets that supposedly belong to exchanges mean that there are lots of coins hanging there ready to be sold. |
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eizh
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April 19, 2014, 08:31:24 AM |
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Price-wise, probably one of the more frustrating coins... Has a ton of potential, yet the price keeps getting hammered down repeatedly. Something not adding up. 10% insta-mine total coins. which means 50% insta-mine coins of currently in circulation. which means instant dump by the few who owns it as soon as the price moves up a bit which means price will not be high for at least 6 months. to make matters even worse they decreased the number of coins from 80 mil to 20 mil which makes the coin distribution even more unfair. Yet apparently worth your time to troll. Of course, perhaps your time is just worth very little. The hardcore facts suggest so. Don't call him a troll - he's right. It would explain what's wrong with this coin marketwise. Every time it makes headway towards 20, no matter how strong or substantive the news, it gets dragged down (I wouldn't say hammered). My question, to Darkcoin believers, and to those who know how much of this "overhead supply" is out there - how long before it's run down? Is 6-months a likely scenario - is that how much longer there is to wait before the road is cleared so this coin can rise above 20? And for those asking for patience, it's been like this for weeks/months while a number of other coins, with much less substance/news, have soared. The opportunity cost for holders of this coin has been huge (then again, so has the benefit of being spared from the volatility of scam/blipcoins). I'm hopeful Darksend coming out to full release and the marketing push will help give this coin the massive attention it deserves. But dont dismiss those frustrated with its treatment on the exchanges so far - its price behavior has not been normal. You're actually surprised by profit-taking? If DRK was widely expected to soar, that would've been built into the price already. That's how any financial asset works. There's no free lunch: returns always come with risk. Feel free to move on to your pump-and-dump coins and country coins, since those are the ones that 'soared' (however briefly). Just one brief piece of advice for gambling out there in shitcoin-land: if everyone's talking about it, you're already too late. |
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