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

[bigrcanada]

I sold all my dark, I can't take this anymore. Good luck.

awesome....thank you sir.  Dark was never a short term play so I think anyone else wanting to get out...so do so now.  This is a very involved and technically challenging  long term project.  We need to instill this in everyones mind.  I too wish you good luck...

[bigrcanada]

I sold all my dark, I can't take this anymore. Good luck.

Luck?
You still think that it's all about luck?

I believe that is the mentality out there...long term plays are not for everyone....so let them go, and wish them well.

[bigrcanada]

Thats what people have been saying since .02. I could have cut my losses had I not listened to this fucking idiocy. God dammit....

Sorry to hear about your loss. Did you take any time to learn about trading and the risks involved before investing a lot of your net worth in to DRK? I spent 3 months reading books and trading forums before ever making my first alt coin trade which helped me to avoid a lot of amateur mistakes. If you plan to trade anymore in the future, educate yourself some. It may be time consuming, but if you really want to make money in this game, knowledge is power.

.

lol

I took the advice of some of the posters in this thread (not sure of their usernames) and traded some btc in for altcoins yesterday (after doing my own research on it too of course). Thanks for the advice!! DRK and LTC are the two I chose and they are doing quite well.

lets see June 2
Litecoin closed at: 0.017 today 0.011  - 35.29%
and Darkcoin at: 0.022 today 0.0092  - 58.18%
and x11coin at: 0.0016 today 0.0019 + 18.75%
lets not even talk about cloakcoin up gazillions
Someone read the wrong books and did not educate themselves

You realize that post you quoted was made by me a couple months ago? And I was not long on those coins at the time, I bought DRK and LTC on an uptrend around the time I made that post. And I think I sold the same day or a bit later and profited. Also, I still do consider myself to be an amateur, I am always trying to learn more, I never claimed to be an expert.

EDIT: What are trying to imply exactly? This trade I posted below is the only one in that time frame that I lost anything on, and I believe it was a good trade because soon after I sold, the price crashed. I got out at a minimal loss.

Holy crap...wow a 2 month snap shot and it that it tells you the status of a coin as a quality gauge?!?

[Phillis]

nothing to see here o_o

[AlexGR]

There are competing investing influences... pump & dumpers, short-term investors, long-term investors, people diversifying etc.

I remember the relative stability of the 0.0012-0.0016 days (~2 months) and the "complains" that we are not going to see 0.0018 to 0.002 ever again and that some decided to dump and move on to more exciting things etc, etc...

[bigrcanada]

Thats what people have been saying since .02. I could have cut my losses had I not listened to this fucking idiocy. God dammit....

Sorry to hear about your loss. Did you take any time to learn about trading and the risks involved before investing a lot of your net worth in to DRK? I spent 3 months reading books and trading forums before ever making my first alt coin trade which helped me to avoid a lot of amateur mistakes. If you plan to trade anymore in the future, educate yourself some. It may be time consuming, but if you really want to make money in this game, knowledge is power.

.

lol

I took the advice of some of the posters in this thread (not sure of their usernames) and traded some btc in for altcoins yesterday (after doing my own research on it too of course). Thanks for the advice!! DRK and LTC are the two I chose and they are doing quite well.

lets see June 2
Litecoin closed at: 0.017 today 0.011  - 35.29%
and Darkcoin at: 0.022 today 0.0092  - 58.18%
and x11coin at: 0.0016 today 0.0019 + 18.75%
lets not even talk about cloakcoin up gazillions
Someone read the wrong books and did not educate themselves

Why did you pick June 2nd? Oh I see why. That gives Drk a big loss if you start there.

Why not choose July 6th?  That would make x11coin at: .0031 today .0016

That makes xc worse than drk. See I can fudge numbers too.

LOL...exactly.  HOLY SMOKES....people are seriously daft!

[Brilliantrocket]

From Evan:

Could you please delete this? Otherwise we'll have morons complaining if isn't out on Tuesday.

[chaeplin]

Github version is bumped to 9.12.19, 5 hours ago
https://github.com/darkcoinproject/darkcoin/commits/v0.9.12.19

[bigrcanada]

There are competing investing influences... pump & dumpers, short-term investors, long-term investors, people diversifying etc.

I remember the relative stability of the 0.0012-0.0016 days (~2 months) and the "complains" that we are not going to see 0.0018 to 0.002 ever again and that some decided to dump and move on to more exciting things etc, etc...

In here lies the interesting thing.  I, as long term holder/large holder, tend to step back and analysis the trade pricing in quarters or bi-annually vs day to day or monthly,  so to investors like me...I buy a stock/coin in this example Darkcoin....from January to December...and I'll be up almost 2000%  even at todays price....that is insane return...

The problem with day traders....and I did that semi-professionally back in 1999 to 2001 and did ok...it was very very technical, time consuming and very stressful.  In the end....when I analysed my holdings....I would of had the same results if I would of held longer term....of course all that went out the window in 2001.  In which case your screwed as you can never predict that insanity.  

Either way...its always a crap shot....

[Brilliantrocket]

Does anyone know what happened?
We are so close yet so far..

Could you delete as well?

[Lauda]

Okay I've removed it and lets wait for an update.

[Phillis]

From Evan:

Could you please delete this? Otherwise we'll have morons complaining if isn't out on Tuesday.

done

[Brilliantrocket]

I can confirm that I saw that post before it was deleted.

Can you edit your post so as to avoid spreading misinformation?

[AlexGR]

There are competing investing influences... pump & dumpers, short-term investors, long-term investors, people diversifying etc.

I remember the relative stability of the 0.0012-0.0016 days (~2 months) and the "complains" that we are not going to see 0.0018 to 0.002 ever again and that some decided to dump and move on to more exciting things etc, etc...

In here lies the interesting thing.  I, as long term holder/large holder, tend to step back and analysis the trade pricing in quarters or bi-annually vs day to day or monthly,  so to investors like me...I buy a stock/coin in this example Darkcoin....from January to December...and I'll be up almost 2000%  even at todays price....that is insane return...

The problem with day traders....and I did that semi-professionally back in 1999 to 2001 and did ok...it was very very technical, time consuming and very stressful.  In the end....when I analysed my holdings....I would of had the same results if I would of held longer term....of course all that went out the window in 2001.  In which case your screwed as you can never predict that insanity.  

Either way...its always a crap shot....

Yes, I know.. trading is attractive if one thinks they know a certain market well, in order to increase their long-term position... but the real trade-off to trading is that it is very stressful -as you noted- plus one can lose much if a coin breaks out towards a significant uptrend. I've experienced both (stress and whitening hair + losses from uptrends) but I still trade when I think it's worth it.

PS. January and early Feb prices were 0.000025 BTC per DRK... so you'd be up 380 times or ~38.000% (@0.0095). Not bad...

[chaeplin]

bgp-hijacking-for-cryptocurrency-profit

http://en.wikipedia.org/wiki/BGP

Border Gateway Protocol (BGP) is a standardized exterior gateway protocol designed to exchange routing and reachability information between autonomous systems (AS) on the Internet.[1] The protocol is often classified as a path vector protocol, but is sometimes also classed as a distance-vector routing protocol. The Border Gateway Protocol does not use Interior Gateway Protocol (IGP) metrics, but makes routing decisions based on paths, network policies and/or rule-sets configured by a network administrator. The Border Gateway Protocol plays a key role in the overall operation of the Internet and is involved in making core routing decisions.

BGP may be used for routing within an AS. In this application it is referred to as Interior Border Gateway Protocol, Internal BGP or iBGP. In contrast, the Internet application of the protocol may be referred to as Exterior Border Gateway Protocol, External BGP or EBGP.

BGP is the successor to the Exterior Gateway Protocol. BGP is currently the most widely used exterior gateway protocol by Internet service providers. BGP was originally designed to help transition from the core ARPAnet model to a decentralized system that included the NSFNET backbone and its associated regional networks.

http://en.wikipedia.org/wiki/IP_hijacking

IP hijacking (sometimes referred to as BGP hijacking, prefix hijacking or route hijacking) is the illegitimate takeover of groups of IP addresses by corrupting Internet routing tables.

The Internet is a global network in enabling any connected host, identified by its unique IP address, to talk to any other, anywhere in the world. This is achieved by passing data from one router to another, repeatedly moving each packet closer to its destination, until it is safely delivered. To do this, each router must be regularly supplied with up-to-date routing tables. At the global level, individual IP addresses are grouped together into prefixes. These prefixes will be originated, or owned, by an autonomous system (AS) and the routing tables between ASes are maintained using the Border Gateway Protocol (BGP). A group of networks that operate under a single external routing policy is known as an autonomous system. For example Sprint, Verizon, and AT&T each are an AS. Each AS has its own unique AS identifier number. BGP is the standard routing protocol used to exchange information about IP routing between autonomous systems.

Each AS uses BGP to advertise prefixes that it can deliver traffic to. For example if the network prefix 192.0.2.0/24 is inside AS 64496, then that AS will advertise to its provider(s) and/or peer(s) that it can deliver any traffic destined for 192.0.2.0/24.

IP hijacking can occur deliberately or by accident in one of several ways:

An AS announces that it originates a prefix that it does not actually originate.
An AS announces a more specific prefix than what may be announced by the true originating AS.
An AS announces that it can route traffic to the hijacked AS through a shorter route than is already available, regardless of whether or not the route actually exists.
Common to these ways is their disruption of the normal routing of the network: packets end up being forwarded towards the wrong part of the network and then either enter an endless loop (and are discarded), or are found at the mercy of the offending AS.

Typically ISPs filter BGP traffic, allowing BGP advertisements from their downstream networks to contain only valid IP space. However, a history of hijacking incidents shows this is not always the case.

IP hijacking is sometimes used by malicious users to obtain IP addresses for use with spamming or a distributed denial-of-service (DDoS) attack.

http://www.symantec.com/threatreport/topic.jsp?id=spam_fraud_activity_trends&aid=future_spam_trends
http://www.washingtonpost.com/blogs/the-switch/wp/2014/08/06/the-man-who-can-see-the-internet/



NEWS.
http://www.secureworks.com/cyber-threat-intelligence/threats/bgp-hijacking-for-cryptocurrency-profit/

Overview

The Dell SecureWorks Counter Threat Unit™ (CTU) research team discovered an unknown entity repeatedly hijacking networks belonging to Amazon, Digital Ocean, OVH, and other large hosting companies between February and May 2014. In total, CTU researchers documented 51 compromised networks from 19 different Internet service providers (ISPs). The hijacker redirected cryptocurrency miners' connections to a hijacker-controlled mining pool and collected the miners' profit, earning an estimated $83,000 in slightly more than four months.

[Phillis]

yeah, i read about the BGP hijack a few days ago, quite ballsy imo

[HinnomTX]

With that kind of power one could steal much more than $83k in cryptocurrency.

[hartvercoint]

<edit: removed>

- snip -

I think this is slightly misleading. This isn't an attack on cryptocurrencies (i.e. not a cryptocurrency weakness) but could have (or has) been used for other fraudulent activity just as well.

Using SSL certificates to identify pools might help prevent mitm attacks though.

[chaeplin]

- snip -

I think this is slightly misleading. This isn't an attack on cryptocurrencies (i.e. not a cryptocurrency weakness) but could have (or has) been used for other fraudulent activity just as well.

Using SSL certificates to identify pools might help prevent mitm attacks though.

Changed.

Have been used for various purpose.


Found this.

PSA: Possible Miner Exploit (self.litecoinmining)
submitted 4 months ago

http://www.reddit.com/r/litecoinmining/comments/216ydt/psa_possible_miner_exploit/

[hartvercoint]

@chaeplin: thanks!


There it is again!  

****** Please Update To 10.12.19 or 9.12.19 *******
I'm going to do one last update tomorrow morning, then we'll launch Monday or Tuesday.
- Added GUI configuration for Darksend Rounds, Enable Darksend and Anonymize amount of DRK
- Removed 5000DRK hard limit
- Fixed another cause of getting hit by collateral
- Send dialog now shows selected balance (Anon, non-anon and Total)
(compiling)