[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[tifozi]

There are enough PnD X11 coins around that we didn't reach Subsidy=5 today even with all the fireworks. Some of them have figured out the DRK difficulty and no part of it anyways.

@Evan

DGW3 vs DGW2 benefits?

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[ImI]

i am holding but all my long term trading experience says we will see 0.005xxxxxx again.

[CryptoClub]

Here is a quote from John Templeton:
"The four most expensive words in the English language are "this time it’s different.""-

The thing is, in a sea of shitcoins, DRK *is* different.

Nailed it.

[janos666]

i am holding but all my long term trading experience says we will see 0.005xxxxxx again.

Well, I would usually agree but something feels wrong here. I saw more buys than sales which is usually the other way around during a regular P&D cycle. So either it's not the end of it yet or it is not just a regular P&D. Or, of course, may be the only difference is that they simply fooled me this time (covered their tracks better which is possible to do but usually not required and thus often skipped in crypto).

[ImI]

i am holding but all my long term trading experience says we will see 0.005xxxxxx again.

Well, I would usually agree but something feels wrong here. I saw more buys than sales which is usually the other way around during a regular P&D cycle. So either it's not the end of it yet or it is not just a regular P&D. Or, of course, may be they simply fooled me and that's the only difference.

It is no P&D. Nevertheless, like i said my experience says "Its going back to 500-600." But DRK is to precious to trade.

[CryptoClub]

The four most expensive words in the English language are "this time it’s different."

How about "This time it's exactly the same as BTCs and LTCs first real notice."

Precisely. Best to study old LTC charts. Funny thing is, I was posting about how high it could go this morning. Obviously Darkcoin is only to be used for legal purchases. (Disclaimer) Anyway, as it is relevant I will repost what I was sharing with a private group I run. Clearly this is speculation and not investment advice. I have been mining and recommending DRK since the start, at least that people should do the research on it and make their own calls. I do not sell it, I gather more, that is something I have been very happy with however.

(repost from my group)

How high can Darkcoin go? It is really about the marketplace creating demand over time, beyond just speculation. The marketplace is not Amazon or even Overstock, it is the Darknet and we all know it. (or should) Countless millions are spent on the Darknet all the time, nobody knows exactly how much, but it is vast.

The crypto most used is Bitcoin which is not anonymous, and even with Dark Wallet it isn't as good at it as Darkcoin is. If people are buying something harmless and legal, this should be fine. If they are buying Marijuana (or other things) which are still illegal in most locations, they might really want to stay as anonymous as possible. Dark Markets appear to be in progress that will accept Darkcoin. Of course they also will accept Bitcoin. So once those are operational it will be very interesting to see what people decide to use. The riskier crypto, or the more private one?

Given the choice for consumers between a much faster more anonymous currency, or a slower easier to trace crypto like BTC, under extreme scrutiny, I think Darkcoin has a good shot. So, how high can Darkcoin go if it actually wins market share? Nobody can be sure, but assuming it gains the market cap of Litecoin, eventually, around $70 a coin. Assuming it starts approaching Bitcoin or "takes over" as the preferred Darknet Crypto, DRK could be worth hundreds a coin!

Without the Marketplace and real world adoption this is all just pure speculation however. So take it at only that. What we know for certain is the tech is sound and built from the ground up with proven technologies that are extremely reliable. The dev team is also one of the best. Most traders I know, that know cryptos, consider DRK one of the only Alts worth investing in.

What about Zerocash, will it be the preferred Darknet Crypto? Various alts? Hard to say, but they won't be the first. As they are experimental it will be some time before they are able to try to challenge Darkcoin (or Bitcoin). Assuming the markets are taking DRK in the future and people are satisfied, newer anon Alts may just like regular Alts today trying to take on Bitcoin. Perhaps with the key difference being something akin to Satoshi never quitting on Bitcoin, and gathering a team of the best to keep working on it full time, improving Bitcoin constantly to keep ahead.

[zwiggel]

i am holding but all my long term trading experience says we will see 0.005xxxxxx again.

Well, I would usually agree but something feels wrong here. I saw more buys than sales which is usually the other way around during a regular P&D cycle. So either it's not the end of it yet or it is not just a regular P&D. Or, of course, may be they simply fooled me and that's the only difference.

It is no P&D. Nevertheless, like i said my experience says "Its going back to 500-600." But DRK is to precious to trade.

Cinni or blackcoin was trading with more then 1000+ coins at a time. Whales coudl dump more then 100k and regualar people could dump over 10k

I dont see people do that with dark. Because its is alot diffrent distributed. ITs for that reason litecoin cant just crash to 5

[coins101]

i am holding but all my long term trading experience says we will see 0.005xxxxxx again.

Well, I would usually agree but something feels wrong here. I saw more buys than sales which is usually the other way around during a regular P&D cycle. So either it's not the end of it yet or it is not just a regular P&D. Or... or course, may be they fooled me and that's the only difference.

After doing a bit of DIY multipool mining to buy DRK, every coin I go to has the same thing, over and over:

1. What's the plan dev, where do you see this coin going?
2. What shall we say is new and innovative?
3. Lets get on an exchange, then the price will go up. Everyone vote, vote, vote.
4. Lets get a bounty for marketing
5. What's the plan dev, where do you see this coin going?

Seriously, no fundamentals or USPs. A few have good technical support, most are just run by developers for a week and then they bugger off.

So. What is the alternative to DRK? A dedicated developer, buckets of innovation being copied all over the place, transaction features people actually want, scarcity, a great bunch of supporters, and a plan - there is no alternative.

Fundamentals; gotta have those fundamentals. That's when you get a 5 year pump, pump, pump n' cash out gracefully to retire coin.

[tifozi]

There are enough PnD X11 coins around that we didn't reach Subsidy=5 today even with all the fireworks. Some of them have figured out the DRK difficulty and no part of it anyways.

@Evan

DGW3 vs DGW2 benefits?

Getting closer now. Highest HR and lowest subsidy till date

[traderman]

There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!

[IncreaseMyT]

i think its gonna go up 50% again.

[mannie]

There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!

Could just be more sophisticated investors buying in...like these guys: http://www.cnbc.com/id/101674032

Not everything is about P&D.

[tifozi]

There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!

Can't say I disagree, but even BTC gets periodic PnDs. The difference is recovery and very very few coins can do it.

What is the typical BTC volume of a PnD altcoin? The total # of available DRKs in play are a big difference compared to others.

[panicbuythenpanicsell]

Congrats to all the people who were holding. I have resigned to the fact that I will have to buy in higher than I sold and will own less darkcoins than two days ago. I feel shitty. I am fully aware of the fact that Darkcoin offers more than any altcoin, but I just didn't see this pump coming and I am on vacation since today and wanted to relax.

[coins101]

There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!

The general view is that we still have a way to go:

consensus suggests we have some way to go yet....



https://bitcointalk.org/index.php?topic=579976.msg6335710#msg6335710

[MyFarm]

There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!

Serious investors are entering DRK.

[NutMasterTardd]

So are there 166,000 Dark tied up in masternodes right now?

[thelonecrouton]

There are organized groups with lots of money that regularly pump and dump various coins. I like Darkcoin and I wrote an article on my blog about it, but this whole price increase is very reminiscent of prior pumps and dumps a.k.a Blackcoin. Yeah, I know Darkcoin has great fundamentals, but don't tell me that is why we went up to 0.01 in a day. That is BS!

There are almost no similarities between BC and what drove it, and DRK.  

Outside of your little crypto world, some people actually care about real value.

[LancienMaleAlpha]

how many dark are mined everyday?

[IncreaseMyT]

look at the depth, another huge pump coming right up