MyFarm
|
|
June 10, 2014, 02:41:33 AM |
|
While I still have my core holdings, I've sold all of my coin I use to trade and lower my price point. Reason being, the fundamentals, at present, have changed. Darkcoin currently has a centralized point of failure. Granted, it's only temporary according to Evan and I do believe in him as a coder, but until DRK does not have a centralized point of failure, I cannot invest more and feel the trend will be down as I know I'm not the only person who feels that way.
This is a damned if you do, damned if you don't scenario. - If checkpointing is temporarily enforced to provide a safety net for potential forking => some will express "centralization" concerns and say they will sell. - If random forking remains a threat during the next upgrade => some will have uncertainties regarding forking and might want to express their desire to sell to avoid a similar issue - If you wait another 2 months to debug the shit out of masternode payments => some will say "ohhh more delays, let's sell" You can't satisfy everyone... Indeed. I don't blame Evan in the slightest. And I'm still extremely pleased with DRK. The forking didn't bother me in the least. I was a big buyer during that panic dump as the fundamentals hadn't changed. It was a bug, and bugs happen. But short term, I cannot invest more as the fundamentals, at present, have changed.
|
|
|
|
CryptoClub
Legendary
Offline
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
|
|
June 10, 2014, 02:49:38 AM |
|
https://www.facebook.com/DarkcoinJust an FYI to everyone here, The Darkcoin Facebook page is calling Darkcoin a scam and linking a Hazard Article. I assume the page was hacked.
|
...
|
|
|
AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
|
|
June 10, 2014, 02:54:20 AM |
|
https://www.facebook.com/DarkcoinJust an FYI to everyone here, The Darkcoin Facebook page is calling Darkcoin a scam and linking a Hazard Article. I assume the page was hacked. => https://www.facebook.com/DarkcoinOfficialThat's the official one. 1. XC (X11 / PoW/PoS): It's going at it the wrong way (trusted nodes + coin forwarding from wallet to wallet - leading to lost coins / potential for stealing). They will have to change strategy. 2. Cloak (X13 / PoW/PoS): Laundering through exchanges, LOL 3. Mastiffcoin (X11 / PoW/PoS): Laundering through exchanges, LOL 4. Vericoin (Scrypt / PoW/PoS): Nothing to show for except promises 5. Pinkcoin (X11 / PoW/PoS): Centralized mixer 6. Cryptcoin (X11 / PoW/PoS): Nothing to show for except promises 7. Libertycoin (X11 / PoW/PoS): Nothing to show for except promises 8. Honorcoin (X11 / PoW/PoS): Nothing to show for except promises 9. Dreamcoin (X11 / PoW/PoS): Nothing to show for except promises 10. Cinni: (Scrypt / PoW/PoS): Nothing to show for except promises 11. Boost: (X13 / PoW/PoS): Nothing to show for except promises 12. Anoncoin (PoW Scrypt): IP obfuscation 13. TIPS (PoW Scrypt): Centralized mixer 14. Bytecoin-BCN (PoW): 99% premine of circulating coins + problematic codebase coupled with good anonymity (+2 years in development and still in infancy regarding basic stuff like GUI) 15. Bytecoin clones (PoW): Increasing in numbers every day diluting that field. MRO gets a special mention due to being the first clone. BBR gets another special mention for having a good dev. Still they experience significant problems due to the new codebase. 16. Zerocoin: DOA (?) / delayed for months 17. NXT (PoS): In discussions relative to anonymous implementation vs Darkcoin: DarkSend works right now (trustless/decentralized mixing). There are a few bugs to be sorted out in masternode payments. ...disaster updated list
|
|
|
|
tifozi
|
|
June 10, 2014, 02:59:01 AM |
|
Pretty awesome!
|
|
|
|
|
tifozi
|
|
June 10, 2014, 03:07:37 AM |
|
At the moment points 4-5-A-B-C-1-2-3 look like M N MasterNode?
|
|
|
|
Icebucket
|
|
June 10, 2014, 03:12:32 AM |
|
At the moment points 4-5-A-B-C-1-2-3 look like M N MasterNode? lol I did not notice, but now its the only thing im seeing Edit: might be some subliminal messaging im putting out there
|
“Every morning we are born again. What we do today is what matters most.” ― Gautama Buddha
|
|
|
TanteStefana2
Legendary
Offline
Activity: 1260
Merit: 1001
|
|
June 10, 2014, 03:29:29 AM |
|
Do you really think anything in this forum makes a difference one way or the other? Do you think that's air you're breathing now? Stop trying to hit me and hit me! https://www.youtube.com/watch?v=KThlYHfIVa8Guns. Lots of guns... Haha, Matrix is on TV right now, LOL
|
Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
|
|
|
TanteStefana2
Legendary
Offline
Activity: 1260
Merit: 1001
|
|
June 10, 2014, 03:34:05 AM |
|
I'm now fully back in the market, this time with a Jackpot coin hedge, so I don't care if the price goes down from here. I feel so ultra-safe I might even buy another masternode !!! Lets not be delusional, all it takes is one mistake or one delay to cause huge problems. That's the risk we take. what happened to the price?? While I still have my core holdings, I've sold all of my coin I use to trade and lower my price point. Reason being, the fundamentals, at present, have changed. Darkcoin currently has a centralized point of failure. Granted, it's only temporary according to Evan and I do believe in him as a coder, but until DRK does not have a centralized point of failure, I cannot invest more and feel the trend will be down as I know I'm not the only person who feels that way. Don't be an idiot, that's just a tool while working on code. It's not even in the main net. Sorry, but the argument is beyond silly, glad you have your "core"
|
Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
|
|
|
Icebucket
|
|
June 10, 2014, 03:45:24 AM |
|
Extra, Extra, Read all about it! Darkcoin just became a company
|
“Every morning we are born again. What we do today is what matters most.” ― Gautama Buddha
|
|
|
atavacron
Full Member
Offline
Activity: 224
Merit: 100
The definition of insanity is doing the same thing
|
|
June 10, 2014, 03:52:14 AM |
|
Extra, Extra, Read all about it! Darkcoin just became a company He is certainly in good company.
|
|
|
|
atavacron
Full Member
Offline
Activity: 224
Merit: 100
The definition of insanity is doing the same thing
|
|
June 10, 2014, 03:56:34 AM |
|
Priceless...trolling and anti-trolling through song.
|
|
|
|
TanteStefana2
Legendary
Offline
Activity: 1260
Merit: 1001
|
|
June 10, 2014, 04:20:20 AM |
|
What a month! I've lost all my worries and second thoughts toward DRK, and I am just having so much fun watching it all happen!
|
Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
|
|
|
ddink7
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
June 10, 2014, 04:23:56 AM |
|
|
|
|
|
stealth923
Legendary
Offline
Activity: 1036
Merit: 1000
|
|
June 10, 2014, 04:32:48 AM |
|
Yep - Its starting to catch on that bitcoin isnt private at all - and even the bolt on solutions that were created are not secure either. More and more people are realising that an independent solution is what's required (Darkcoin). bitcoin will never fork to introduce privacy, the risk is too high. Bitcoin for public ledger transactions, Darkcoin for all other! All it will take is a website to start capturing business addresses where you can enter someone's bitcoin address and uncover their entire history of spending.
|
|
|
|
dillpicklechips
|
|
June 10, 2014, 04:41:28 AM |
|
I don't think so. Darkcoin is pretty much coinjoin/sharedcoin. I think the techniques would still apply to Darkcoin as well.
|
|
|
|
|
shojayxt
Legendary
Offline
Activity: 896
Merit: 1001
|
|
June 10, 2014, 05:28:08 AM |
|
For all you believing in the 'double top there is only a way down scenario'. This stock picture of apple says it all! Are you actually trying to compare an altcoin to a behemoth like Apple that actually makes products that work and are used by millions of people everyday? Darkcoin is just another cryptocurrency that could fade away tomorrow and the world would never know or care. I was a big supporter of Darkcoin until it turned into a cult like following. People need to keep their expectations realistic. Darkcoin peaked and is unlikely to hit the level it was at anytime soon. Also, to those that keep talking "hold for long term", how long are you going to hold? And regarding the common saying used in this thread "shaking out the weak hands", the weak hands have been getting shaken out for months. What is weak about selling for a profit and using that btc to make more profit on other coins. It's not weak it's smart. There is a lot of competition these days. Darkcoins value has always been based off of it anonymity feature and that has not been delivered. You can only push things back for so long before people start doubting everything and move on. On top of that there are new coins using the cryptonote protocol that offers anonymity without the need for a complicated masternode network. Once the GUI is out for those coins and they have addressed bloating on the blockchain, all of the major arguments against cryptonote coins will be gone. I dumped all the DRK I had above .002 and plan on buying back at the bottom which isn't even close yet. But I guess I'm those weak hands getting shaken out. I would rather be weak and rich in BTC than a bagholder. You're right, comparing Apple and DRK is daft - DRK is a real product that's useful to the majority of Planet Earth, Apple is just overpriced niche hardware. Several orders of magnitude difference in customer base. And competition? LOL. Making vague promises does not count. The Darkcoin team is doing actual WORK. Darksend is functional, and it will continue to get better, we're just perfecting the masternode payment code right now. +1 Wow, some of you Darkcoin cheerleaders resemble brainwashed cult members. DRK is a real product and Apple is just hardware? Apple is used by millions of people. DRK is just another altcoin with a lot of unfulfilled promises. Those promises may or may not materialize but Apple is here and proven today. The fact that someone would make a comparison to Apple with Darkcoin being praised while Apple dismissed is just ridiculous. In case you don't get it. Darkcoin market cap $ 42,191,903 Apple market cap $564.980.000.000 Compare Darkcoin to as many other cryptocurrencies as you want. When you compare Darkcoin to Apple and imply that Darkcoin is more useful you just sound ignorant.
|
|
|
|
DieCommieScum
|
|
June 10, 2014, 05:43:17 AM |
|
For all you believing in the 'double top there is only a way down scenario'. This stock picture of apple says it all! Are you actually trying to compare an altcoin to a behemoth like Apple that actually makes products that work and are used by millions of people everyday? Darkcoin is just another cryptocurrency that could fade away tomorrow and the world would never know or care. I was a big supporter of Darkcoin until it turned into a cult like following. People need to keep their expectations realistic. Darkcoin peaked and is unlikely to hit the level it was at anytime soon. Also, to those that keep talking "hold for long term", how long are you going to hold? And regarding the common saying used in this thread "shaking out the weak hands", the weak hands have been getting shaken out for months. What is weak about selling for a profit and using that btc to make more profit on other coins. It's not weak it's smart. There is a lot of competition these days. Darkcoins value has always been based off of it anonymity feature and that has not been delivered. You can only push things back for so long before people start doubting everything and move on. On top of that there are new coins using the cryptonote protocol that offers anonymity without the need for a complicated masternode network. Once the GUI is out for those coins and they have addressed bloating on the blockchain, all of the major arguments against cryptonote coins will be gone. I dumped all the DRK I had above .002 and plan on buying back at the bottom which isn't even close yet. But I guess I'm those weak hands getting shaken out. I would rather be weak and rich in BTC than a bagholder. You're right, comparing Apple and DRK is daft - DRK is a real product that's useful to the majority of Planet Earth, Apple is just overpriced niche hardware. Several orders of magnitude difference in customer base. And competition? LOL. Making vague promises does not count. The Darkcoin team is doing actual WORK. Darksend is functional, and it will continue to get better, we're just perfecting the masternode payment code right now. +1 Wow, some of you Darkcoin cheerleaders resemble brainwashed cult members. DRK is a real product and Apple is just hardware? Apple is used by millions of people. DRK is just another altcoin with a lot of unfulfilled promises. Those promises may or may not materialize but Apple is here and proven today. The fact that someone would make a comparison to Apple with Darkcoin being praised while Apple dismissed is just ridiculous. In case you don't get it. Darkcoin market cap $ 42,191,903 Apple market cap $564.980.000.000 Compare Darkcoin to as many other cryptocurrencies as you want. When you compare Darkcoin to Apple and imply that Darkcoin is more useful you just sound ignorant. Apple is only IP. DRK is a network effect. IP is a fake, statist idea, nothing more.
|
|
|
|
shojayxt
Legendary
Offline
Activity: 896
Merit: 1001
|
|
June 10, 2014, 05:51:49 AM |
|
For all you believing in the 'double top there is only a way down scenario'. This stock picture of apple says it all! Are you actually trying to compare an altcoin to a behemoth like Apple that actually makes products that work and are used by millions of people everyday? Darkcoin is just another cryptocurrency that could fade away tomorrow and the world would never know or care. I was a big supporter of Darkcoin until it turned into a cult like following. People need to keep their expectations realistic. Darkcoin peaked and is unlikely to hit the level it was at anytime soon. Also, to those that keep talking "hold for long term", how long are you going to hold? And regarding the common saying used in this thread "shaking out the weak hands", the weak hands have been getting shaken out for months. What is weak about selling for a profit and using that btc to make more profit on other coins. It's not weak it's smart. There is a lot of competition these days. Darkcoins value has always been based off of it anonymity feature and that has not been delivered. You can only push things back for so long before people start doubting everything and move on. On top of that there are new coins using the cryptonote protocol that offers anonymity without the need for a complicated masternode network. Once the GUI is out for those coins and they have addressed bloating on the blockchain, all of the major arguments against cryptonote coins will be gone. I dumped all the DRK I had above .002 and plan on buying back at the bottom which isn't even close yet. But I guess I'm those weak hands getting shaken out. I would rather be weak and rich in BTC than a bagholder. You're right, comparing Apple and DRK is daft - DRK is a real product that's useful to the majority of Planet Earth, Apple is just overpriced niche hardware. Several orders of magnitude difference in customer base. And competition? LOL. Making vague promises does not count. The Darkcoin team is doing actual WORK. Darksend is functional, and it will continue to get better, we're just perfecting the masternode payment code right now. +1 Wow, some of you Darkcoin cheerleaders resemble brainwashed cult members. DRK is a real product and Apple is just hardware? Apple is used by millions of people. DRK is just another altcoin with a lot of unfulfilled promises. Those promises may or may not materialize but Apple is here and proven today. The fact that someone would make a comparison to Apple with Darkcoin being praised while Apple dismissed is just ridiculous. In case you don't get it. Darkcoin market cap $ 42,191,903 Apple market cap $564.980.000.000 Compare Darkcoin to as many other cryptocurrencies as you want. When you compare Darkcoin to Apple and imply that Darkcoin is more useful you just sound ignorant. Apple is only IP. DRK is a network effect. IP is a fake, statist idea, nothing more. You guys are delusional. Darkcoin will never surpass bitcoin and it has a market cap of $ 8,358,258,977. Apple is 13390 time larger than Bitcoin. Yet you people act like Darkcoin is bigger than everything. Bizarre. I will say one thing. This is an interesting study in human behavior.
|
|
|
|
|