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

[stilgars]

I used all of my bitcoins last thursday I've held since the beginning of time (~70) to buy some dark, at 0.025. I really feel the cold sweat on my back now -  half of my "fortune" just went poof in a matter of day.
I am still holding the coins now, but can't find sleep ..  damn

Just think why you ever bought DRK ...

yup, but crypto markets are irrational. Myself thinking there are some genuine good ideas behind a coin is probably not enough to make it succeeds. And a couple of whales basically control the crypto exchanges apparently.

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[TanteStefana2]

All that matters is a good strong solid anon coin. For me the price isnt important to watch until that is established. In the end people will go where the quality is.

+1.

Personally, it think it will be drk. I think it will be worth the wait and trouble. As I see it, there are two situations that could be going on.

1. Evan is screwing us over.
2. Evan is keeping it closed source and not talking much, because he is producing a product (Hate that word, but can't think of anything better) that is much, much better then the competition.

I'm (Personally) sure that it's #2.

#1 - no way
 
#2 - yes, he's reviewing all ideas to see if there is a better way to do this that won't cause forking.  

I made a suggestion, but InternetApe said it was centralization, however, I think he is wrong.  But I'll put it out here and see what you all think?  

I realized that the reason we don't pay masternodes each a shar of the 20% block reward is because there are so many masternodes, and to do hundreds or thousands of transactions for each block would obviously bulk up the block chain, not something anyone would want.  

But what if an account - no, call it a secondary blockchain that is volatile, it is dumped once it completes it's task.  This thing keeps track of each available masternode, for each block, awarding them a share if they were available, and then also collects the 20% mining rewards.  Then once a day, this account pays all the masternodes at once, with one transaction, a percentage of the purse depending on how many shares each masternode submits, kind of like a pool.

Once the payment is made, the account is cleared, all the tallying for the day is deleted and the system starts afresh.  Every wallet would process this information, keeping a copy of it, like the blockchain, except that it is volatile information, and it goes away once the payout is made.

Do you all think this is centralized?  I think it's no more centralized than any single transaction, unless I'm missing something?

[coins101]

x11coin smells just like AsiaCoin   

Fckn LoL yep!

read through the dev history. he was all over AsiaCoin.

it will burn a few drk holders that sold to get into the xc pump.  

[Ignition75]

This is great. I bought xc last week knowing it was about to be pumped and now I've just sold and bought a shitload more dark, my timing is perfect for once

+1, Ridin dem XC waves to buy me a fuck load of DRK, I've never been happier!!!  PLEASE DUMP MORE I WOULD MASTURBATE 24/7 IF I COULD IMPLEMENT ANOTHER 5 MASTER NODES !!!

[dotnetmin]

I used all of my bitcoins last thursday I've held since the beginning of time (~70) to buy some dark, at 0.025. I really feel the cold sweat on my back now -  half of my "fortune" just went poof in a matter of day.
I am still holding the coins now, but can't find sleep ..  damn

I dont want people to hold their coins. You only have a loss after you sold your drk now.
With any other shitcoin i would say take your loss now, but this is drk, the only coin in cryptoland
Which has the solutions to go on and find its place #2 behind BTC.
For now we are #7 behind the doge with only 3 legs over

[oblox]

I think this is really good for the coin, it takes the pressure off from the implementation schedule. For every buyer there is a seller, we need investors not speculators, and more importantly we need time. It is obvious that Darkcoin is a real project, the fact that the masternode payment system worked for a while and then broke is a symptom of reality. It feels good, you know the devs are working on something that's complex, once we get it right its going to be great. 

On the other hand, I hold a lot of drk and I just cant bring myself to sell high to buy lower, it just doesn't feel right to me. It makes me feel like I am doing a disservice to the coin. I know is silly because I could easily crash the market to buy lower but it makes me feel like I would be hurting something I believe in. I think I am too idealistic to trade so I am in long-term.

Question you have to ask are the other bag holders just as idealistic?

I think most people that were here before the last pump wanna see the project succeed long-term. They are all still supporting the coin not one old timer bailed, but not because we are loyal to the point of hurting ourselves but because the drk holder tends to be smart and more mature and can recognize talent and potential. I could not get myself to invest in shitcoin 1000 with an anonymous dev and false promises of miraculous overnight solutions, I am too old for that shit. I would much rather support this coin, help anyway I can and see where it goes, because its real and the people here are of good quality.

Well if the holders are smarter and more mature wouldn't they be the best able to short sell and then buy back in when the price drops? I'm not saying they will abandon the coin long term, just for a while. :p

You're misusing the phrase short sell...

[Sapereaude]

I don't get it even a minor bagholder with lets say 10,000drk who bough it at $0.60 can dump it now and make $50,000 profit instead of risking the wait until the correction... why would they hold?

Think Bitcoin. Nobody became rich by selling at 5 and 10$.

I agree, but theres alot of risk at the moment. With the clusterfuck of the hard node and lack of communication of how were are going forward ( I mean trusting pools really..) or the risk of another hardfork. It makes sense if you are a big bagholder who bought it cheap to sell now and wait to see if it clears up. If it does you buy back in and have 9000 coins instead of 10,000(still very happy), but if it doesn't you have a huge profit and can buy in for more when the price goes down.

I'm talking about the next few days or week, not the long term.

Nothing ventured, nothing gained. The bitcoin devs have clusterfucked much worse when they forked bitcoin and they weren't even introducing a substantial change to the codebase like masternode election and payment protocol. Still price boomed after that from like a few dollars to 1200$.

Is DRK gonna go 1000$? I can't tell... That's highly dependent on where BTC itself will go. But I agree, you can cash out some of the coins. However if you haven't sold at 0.028, why sell at 0.011? There's simply no temptation. Only emotion.

Well I'd sell at 0.011 to buy back in at 0.05 : p but yeah I see your point about why sell now for a 50k profit when you didn't sell for 150k. Thing is 50k is still alot of money/temptation for most people.

[ImI]

All that matters is a good strong solid anon coin. For me the price isnt important to watch until that is established. In the end people will go where the quality is.

+1.

Personally, it think it will be drk. I think it will be worth the wait and trouble. As I see it, there are two situations that could be going on.

1. Evan is screwing us over.
2. Evan is keeping it closed source and not talking much, because he is producing a product (Hate that word, but can't think of anything better) that is much, much better then the competition.

I'm (Personally) sure that it's #2.

#1 - no way
 
#2 - yes, he's reviewing all ideas to see if there is a better way to do this that won't cause forking. 

I made a suggestion, but InternetApe said it was centralization, however, I think he is wrong.  But I'll put it out here and see what you all think? 

I realized that the reason we don't pay masternodes a share of each 20% block reward is because there are so many masternodes, and to do hundreds or thousands of transactions for each block would obviously bulk up the block chain, not something anyone would want. 

But what if an account that is not accessible to anyone keeps track of each available masternode, for each block, awarding them a share if they were available, and then also collects the 20% mining rewards.  Then once a day, this account pays all the masternodes at once, with one transaction, a percentage of the purse depending on how many shares each masternode submits, kind of like a pool.

Once the payment is made, the account is cleared, all the tallying for the day is deleted and the system starts afresh.  Every wallet would process this information, keeping a copy of it, like the blockchain, except that it is volatile information, and it goes away once the payout is made.

Do you all think this is centralized?  I think it's no centralized than any single transaction, unless I'm missing something?

wrong place to discuss this, plz discuss those details at darkcointalk.

[Ed4252]

At its current free fall, this coin is projected to be dead by next week.

[pjr77]

Finally got my pull back time to buy some DRK

[triplef]

if i was evan i would KEEP it closed source and get a VERIFIED audit on source code.

these lame fuck...twads are cloning every piece of code they can , and most of it end up on the other continent, aka shitna

keep it closed, do your work , take your time and let the fun continue, ill support this as long as i live,

theres 2 aspecs to a coin

#1 coin dev/usability and crowd
#2 market players pushing/dumping/whaling/pumping and dropping

we are seeing the over inflation of #2 and the crash of #2, it has NOTHING to do with #1,

[UdjinM6]

wheres the dev?

https://twitter.com/DarkcoinCrypto/with_replies

[coins101]

All that matters is a good strong solid anon coin. For me the price isnt important to watch until that is established. In the end people will go where the quality is.

+1.

Personally, it think it will be drk. I think it will be worth the wait and trouble. As I see it, there are two situations that could be going on.

1. Evan is screwing us over.
2. Evan is keeping it closed source and not talking much, because he is producing a product (Hate that word, but can't think of anything better) that is much, much better then the competition.

I'm (Personally) sure that it's #2.

#1 - no way
 
#2 - yes, he's reviewing all ideas to see if there is a better way to do this that won't cause forking. 

I made a suggestion, but InternetApe said it was centralization, however, I think he is wrong.  But I'll put it out here and see what you all think? 

I realized that the reason we don't pay masternodes a share of each 20% block reward is because there are so many masternodes, and to do hundreds or thousands of transactions for each block would obviously bulk up the block chain, not something anyone would want. 

But what if an account that is not accessible to anyone keeps track of each available masternode, for each block, awarding them a share if they were available, and then also collects the 20% mining rewards.  Then once a day, this account pays all the masternodes at once, with one transaction, a percentage of the purse depending on how many shares each masternode submits, kind of like a pool.

Once the payment is made, the account is cleared, all the tallying for the day is deleted and the system starts afresh.  Every wallet would process this information, keeping a copy of it, like the blockchain, except that it is volatile information, and it goes away once the payout is made.

Do you all think this is centralized?  I think it's no centralized than any single transaction, unless I'm missing something?

Its a good point. I was thinking about that today.

The trouble is trust. you need a system with no trust.

I thought that master nodes could get paid in the same way as pools. all at once. if they are around they get a share, if not, the share gets divided up equally amongst all online. I'm sure there is a problem with that idea too, but it seemed to be easier to implement.

[janos666]

I don't get it even a minor bagholder with lets say 10,000drk who bough it at $0.60 can dump it now and make $50,000 profit instead of risking the wait until the correction... why would they hold?

Think Bitcoin. Nobody became rich by selling at 5 and 10$.

I agree, but theres alot of risk at the moment. With the clusterfuck of the hard node and lack of communication of how were are going forward ( I mean trusting pools really..) or the risk of another hardfork. It makes sense if you are a big bagholder who bought it cheap to sell now and wait to see if it clears up. If it does you buy back in and have 9000 coins instead of 10,000(still very happy), but if it doesn't you have a huge profit and can buy in for more when the price goes down.

I'm talking about the next few days or week, not the long term.

Nothing ventured, nothing gained. The bitcoin devs have clusterfucked much worse when they forked bitcoin and they weren't even introducing a substantial change to the codebase like masternode election and payment protocol. Still price boomed after that from like a few dollars to 1200$.

Is DRK gonna go 1000$? I can't tell... That's highly dependent on where BTC itself will go. But I agree, you can cash out some of the coins. However if you haven't sold at 0.028, why sell at 0.011? There's simply no temptation. Only emotion.

Yeah... You know, that was Karpeles's Gox bot, Willy, using people's money (including mine), right...?
Well, I am glad he used at least a part of it to increase the price and awareness of cryptos instead of simply stealing it all...

[Sapereaude]

I think this is really good for the coin, it takes the pressure off from the implementation schedule. For every buyer there is a seller, we need investors not speculators, and more importantly we need time. It is obvious that Darkcoin is a real project, the fact that the masternode payment system worked for a while and then broke is a symptom of reality. It feels good, you know the devs are working on something that's complex, once we get it right its going to be great.  

On the other hand, I hold a lot of drk and I just cant bring myself to sell high to buy lower, it just doesn't feel right to me. It makes me feel like I am doing a disservice to the coin. I know is silly because I could easily crash the market to buy lower but it makes me feel like I would be hurting something I believe in. I think I am too idealistic to trade so I am in long-term.

Question you have to ask are the other bag holders just as idealistic?

I think most people that were here before the last pump wanna see the project succeed long-term. They are all still supporting the coin not one old timer bailed, but not because we are loyal to the point of hurting ourselves but because the drk holder tends to be smart and more mature and can recognize talent and potential. I could not get myself to invest in shitcoin 1000 with an anonymous dev and false promises of miraculous overnight solutions, I am too old for that shit. I would much rather support this coin, help anyway I can and see where it goes, because its real and the people here are of good quality.

Well if the holders are smarter and more mature wouldn't they be the best able to short sell and then buy back in when the price drops? I'm not saying they will abandon the coin long term, just for a while. :p

You're misusing the phrase short sell...

Okay, sell and re-buy cheaper over the next few days

[EfterlysT]

Hold your darks.. You have not lost anything until you SELL..

[Ozziecoin]

bring on the hard forks....
as long as the quality of the coin needs it andd the earlier the better... Look at BTC LTC they can not hardfork anymore because they would scare there users to death and tousands and thousands would be on the wrong fork with stucked wallets etc etc... So the earlier the better... We need to maintain the lead over the other ano coins by making a first class product...And build a simple mechanism in the wallet to tell people that they need to upgrade the wallet !!! ASAP this would help a lot ai am shure

Evan, get in touch with Hiro on that highlighted bit.  It would've solved half the problems!

Hiro? the dev from the dying coin? one that vanishes weeks on end and does not communicate with the rest of his "team" ... lol dont make me laugh

this is no rocket science... i am shure they can figure out how to do this... and the "sign" in the wallet should be a link that lead to a nice landing page where the user will find a step by step tutorial how to upgrade... cause in this case we know what system he is on... this would reduce the traffic in here about 30% !! And the hard forking good go on as needed )

The issue was not with the wallets that have a GUI, the issue was with the daemons running headless on servers. This is different

what i mean are all the users that have a not syncing wallet, can not find there transferred coins on the exchange, dont find any coins at all in there wallet, etc. etc... They show up here and everytime someone needs to tell them update you wallet... do you have version 09.xx.11.. what ever... and so on... if this coin needs more development... and this is for shure... than there should be a solution for theese people quick.

whatever the case is, I can assure you Hiro is a code genius. I call him Satoshi 2. He can help do lots of things. And right now darkcoin needs experienced help.

[rentahash]

I believe that China will clear this mess in mater of hours...

[UdjinM6]

All that matters is a good strong solid anon coin. For me the price isnt important to watch until that is established. In the end people will go where the quality is.

+1.

Personally, it think it will be drk. I think it will be worth the wait and trouble. As I see it, there are two situations that could be going on.

1. Evan is screwing us over.
2. Evan is keeping it closed source and not talking much, because he is producing a product (Hate that word, but can't think of anything better) that is much, much better then the competition.

I'm (Personally) sure that it's #2.

#1 - no way
 
#2 - yes, he's reviewing all ideas to see if there is a better way to do this that won't cause forking.  

I made a suggestion, but InternetApe said it was centralization, however, I think he is wrong.  But I'll put it out here and see what you all think?  

I realized that the reason we don't pay masternodes a share of each 20% block reward is because there are so many masternodes, and to do hundreds or thousands of transactions for each block would obviously bulk up the block chain, not something anyone would want.  

But what if an account that is not accessible to anyone keeps track of each available masternode, for each block, awarding them a share if they were available, and then also collects the 20% mining rewards.  Then once a day, this account pays all the masternodes at once, with one transaction, a percentage of the purse depending on how many shares each masternode submits, kind of like a pool.

Once the payment is made, the account is cleared, all the tallying for the day is deleted and the system starts afresh.  Every wallet would process this information, keeping a copy of it, like the blockchain, except that it is volatile information, and it goes away once the payout is made.

Do you all think this is centralized?  I think it's no centralized than any single transaction, unless I'm missing something?

Its a good point. I was thinking about that today.

The trouble is trust. you need a system with no trust.

I thought that master nodes could get paid in the same way as pools. all at once. if they are around they get a share, if not, the share gets divided up equally amongst all online. I'm sure there is a problem with that idea too, but it seemed to be easier to implement.

This exactly. Once we have "account" there must be some private key to it. Dev can say 1000 times he doesn't know it and I wouldn't believe.

[Minotaur26]

I think this is really good for the coin, it takes the pressure off from the implementation schedule. For every buyer there is a seller, we need investors not speculators, and more importantly we need time. It is obvious that Darkcoin is a real project, the fact that the masternode payment system worked for a while and then broke is a symptom of reality. It feels good, you know the devs are working on something that's complex, once we get it right its going to be great.  

On the other hand, I hold a lot of drk and I just cant bring myself to sell high to buy lower, it just doesn't feel right to me. It makes me feel like I am doing a disservice to the coin. I know is silly because I could easily crash the market to buy lower but it makes me feel like I would be hurting something I believe in. I think I am too idealistic to trade so I am in long-term.

Question you have to ask are the other bag holders just as idealistic?

I think most people that were here before the last pump wanna see the project succeed long-term. They are all still supporting the coin not one old timer bailed, but not because we are loyal to the point of hurting ourselves but because the drk holder tends to be smart and more mature and can recognize talent and potential. I could not get myself to invest in shitcoin 1000 with an anonymous dev and false promises of miraculous overnight solutions, I am too old for that shit. I would much rather support this coin, help anyway I can and see where it goes, because its real and the people here are of good quality.

Well if the holders are smarter and more mature wouldn't they be the best able to short sell and then buy back in when the price drops? I'm not saying they will abandon the coin long term, just for a while. :p

You're misusing the phrase short sell...

Okay, sell and re-buy cheaper over the next few days

If we all did that we risk hurting the coin for real, so some of us must hold. I am really not interested in these short term swings I will just buy as much as I can with fiat.