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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722520 times)
MyFarm
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June 10, 2014, 02:41:33 AM
 #35101

Quote
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.

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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CryptoClub
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June 10, 2014, 02:49:38 AM
 #35102

https://www.facebook.com/Darkcoin

Just 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.

...
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June 10, 2014, 02:54:20 AM
 #35103

https://www.facebook.com/Darkcoin

Just 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/DarkcoinOfficial

That'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 Tongue

updated list
tifozi
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June 10, 2014, 02:59:01 AM
 #35104



Pretty awesome!
Icebucket
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June 10, 2014, 03:04:57 AM
 #35105

Elliot wave 3 in the making ?
Or am I just seeing things  Roll Eyes check out darkcointalk speculation, sign up and tell me what you think
https://darkcointalk.org/threads/technical-analysis.931/#post-7638

“Every morning we are born again. What we do today is what matters most.”
― Gautama Buddha
tifozi
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June 10, 2014, 03:07:37 AM
 #35106

Elliot wave 3 in the making ?
Or am I just seeing things  Roll Eyes check out darkcointalk speculation, sign up and tell me what you think
https://darkcointalk.org/threads/technical-analysis.931/#post-7638

At the moment points 4-5-A-B-C-1-2-3 look like M N  MasterNode?  Grin
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June 10, 2014, 03:12:32 AM
 #35107

Elliot wave 3 in the making ?
Or am I just seeing things  Roll Eyes check out darkcointalk speculation, sign up and tell me what you think
https://darkcointalk.org/threads/technical-analysis.931/#post-7638

At the moment points 4-5-A-B-C-1-2-3 look like M N  MasterNode?  Grin
lol  Cheesy I did not notice, but now its the only thing im seeing  Grin
Edit: might be some subliminal messaging im putting out there  Wink

“Every morning we are born again. What we do today is what matters most.”
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TanteStefana2
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June 10, 2014, 03:29:29 AM
 #35108

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=KThlYHfIVa8

Guns. Lots of guns...

Haha, Matrix is on TV right now, LOL

Another proud lifetime Dash Foundation member Smiley 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
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June 10, 2014, 03:34:05 AM
 #35109

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 !!!  Cool


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??
 Sad
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 Smiley 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
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June 10, 2014, 03:45:24 AM
 #35110

News Article: Is Darkcoin set to soar with new hardfork.
http://www.cityam.com/blog/1402314753/darkcoin-set-soar-new-hardfork
Extra, Extra, Read all about it!
Darkcoin just became a company   Cheesy

“Every morning we are born again. What we do today is what matters most.”
― Gautama Buddha
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June 10, 2014, 03:52:14 AM
 #35111

News Article: Is Darkcoin set to soar with new hardfork.
http://www.cityam.com/blog/1402314753/darkcoin-set-soar-new-hardfork
Extra, Extra, Read all about it!
Darkcoin just became a company   Cheesy

He is certainly in good company.   Grin

atavacron
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June 10, 2014, 03:56:34 AM
 #35112

Freddie King's Going Down is a tune you guys might find relevant at this point of time.

https://www.youtube.com/watch?v=V_ONyukSLqA

This one's dedicated to you:
https://www.youtube.com/watch?v=Aj0Z9vIWL30


Priceless...trolling and anti-trolling through song.

TanteStefana2
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June 10, 2014, 04:20:20 AM
 #35113



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 Smiley 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
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June 10, 2014, 04:23:56 AM
 #35114

http://www.coindesk.com/blockchains-sharedcoin-users-can-identified-says-security-expert/

Good for Darkcoin?

Dash - Digital Cash
https://www.dash.org/
stealth923
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June 10, 2014, 04:32:48 AM
 #35115


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. Smiley
dillpicklechips
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June 10, 2014, 04:41:28 AM
 #35116

I don't think so. Darkcoin is pretty much coinjoin/sharedcoin. I think the techniques would still apply to Darkcoin as well.
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June 10, 2014, 05:06:49 AM
 #35117

I don't think so. Darkcoin is pretty much coinjoin/sharedcoin. I think the techniques would still apply to Darkcoin as well.

The inputs in the above diagram are not identical.

Check the difference with a DarkSend:

http://explorer.darkcoin.io/tx/56b3b95b76995d3e4d3107cf753c8496493010f625fc04d971e9262d74e6a5a5
shojayxt
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June 10, 2014, 05:28:08 AM
 #35118



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. 

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June 10, 2014, 05:43:17 AM
 #35119



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.
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June 10, 2014, 05:51:49 AM
 #35120



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.
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