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

[BlockaFett]

200 BTC sellwall @ $302.

$100 coming. 2 spare pairs of pants and a big bag of fiat recommended.

Heh, it would be interesting to know just how much fiat is stockpiled on exchanges ready to pounce. But only the exchanges know that... gives them a bit of an advantage, eh?

absolutely, imagine the data mining / frontrunning guys like BitStamp or BTC38 can do, with no regulation.....

[BlockaFett]

200 BTC sellwall @ $302.

$100 coming. 2 spare pairs of pants and a big bag of fiat recommended.

The thing is, if people are interested in accumulating crypto (as opposed to accumulating fiat), there are far easier ways of doing it in the altcoin market than in the fiat market.

Even if you sold your entire holdings at $600 and then bought back at $300, you'd still only be in for a 100% gain. ok - not to be scoffed at, but at the same time you can get far bigger returns for far less risk just buying JackpotCoin, CINNI, Quark, Ducknotes, Mazza....etc @2 satoshis and offloading at a reasonable exit point.

This pissing about with huge amounts of fiat numbering in the thousands in nervy trading just to gain a few BTC is not my preferred pastime. All my BTC are in a cold"ish" wallet and staying there. Maybe they won't be worth anything in a few weeks but what kind of world will be living in in that case ? People like Barry Silvert won't be very happy.

i just thing this bull/bear pattern is amplified in crypto. people genuinely panic selling. then once the point where that panic momentum is exhausted, to where its so cheap everyone wants it again, up it will go, same with drk. that's why i think $100 - if BTC is 90$ suddenly *everyone* will start buying again which shows confidence and up we go. its like a baptism of fire to find out the extents of it's value. (probably bollocks but hey )

[toknormal]

[BiteMyShinyMetalAss]

Sorry to interupt your copnversation. Just writing my foughts regarding the number of masternodes. For the masternode number to increase, there has to be at least to things.

1) Guide for a complete idiots (like me) to follow. If a moron could set up a masternode without help, then masternode number would increase. Maybe.

2) Maybe a trusted service ran by drk foundation that would allow people to put money together for a masternode. Verto is doing  this, isnt he? But what would happen, if lets say, one morning Verto goes to buy milk from a corner shop and gets hit by a bus... What would happen to all his masternodes...? So if it was more official and coordinated by more than 1 person...

[Rux]

BitFinex is going mad 

https://bitcoinwisdom.com/markets/bitfinex/drkbtc

[janos666]

BitFinex is going mad  

https://bitcoinwisdom.com/markets/bitfinex/drkbtc

With <1 BTC/hour average speed over the past few hours?!? They are really something else beyond crazy!

[Rux]

i just like "THE HYPE"

dont get so cranky

[BlockaFett]

Sorry to interupt your copnversation. Just writing my foughts regarding the number of masternodes. For the masternode number to increase, there has to be at least to things.

1) Guide for a complete idiots (like me) to follow. If a moron could set up a masternode without help, then masternode number would increase. Maybe.

2) Maybe a trusted service ran by drk foundation that would allow people to put money together for a masternode. Verto is doing  this, isnt he? But what would happen, if lets say, one morning Verto goes to buy milk from a corner shop and gets hit by a bus... What would happen to all his masternodes...? So if it was more official and coordinated by more than 1 person...

this is the best MN setup I found, didn't get round to it yet though as looks a bit scary: https://darkcointalk.org/threads/drk-guide-rc5-masternode-windows-local-linux-remote-vultr.1367/

[stonehedge]

BitFinex is going mad 

https://bitcoinwisdom.com/markets/bitfinex/drkbtc

Sorry, that was me.  Didn't realise how low the volume was on Bitfinex.  That order wasn't fulfilled...chart is misleading.

[toknormal]

Maybe this is what the fuss is about.

http://www.infowars.com/russia-is-this-close-to-banning-bitcoin/

[coins101]

DRK is often the most profitable X11 coin to mine. Why do you think multipools mine it?

And 'two-tier' is needless rhetoric. 'Two-fold' would be better - I think miners are important, believe it or not (I am one, remember) but I think the whole 'securing the network' thing is overestimated and overassumed, and what little security they do provide is currently too expensive.

Enforce p2pool and mining suddenly does help make the network secure. Right now, it simply doesn't.

Won't you just get the same centralised thing happening with masternodes ? Masternode farming and half the coin supply locked up, no liquidity ?

I'd rather have centralised mining than centralised masternodes. They are a value added service. Think supermarkets:

[1] - mining=stocking the shelves
[2] - masternodes = carrying your stuff home for you

Your saying that the prices on the shelves should reflect the cost of the delivery service, even for folk who bring their own bags and cart their stuff home.

And b.t.w. 2-tier is EXACTLY the right terminology, not 2-fold. By any interpretation of software architecture, Darkcoin's anonymisation layer is a completely separate tier, both conceptually and literally.

I'm really intrigued by this whole MN + Mining + DRK Cold Storage + Instant TX + Random Selection, thing.

It seems to provide an adaptive network.

[coins101]

Maybe this is what the fuss is about.

http://www.infowars.com/russia-is-this-close-to-banning-bitcoin/

Plus the BitLicences were only deferred and not cancelled.

DRK really is the way to go.

[georgem]

Maybe this is what the fuss is about.

http://www.infowars.com/russia-is-this-close-to-banning-bitcoin/

How many times was bitcoin already banned or about to be banned, I don't think that this has any effect on bitcoin whatsoever.
Especially since BTC is designed to work without any government approval, lol.

[tungfa]

Maybe this is what the fuss is about.

http://www.infowars.com/russia-is-this-close-to-banning-bitcoin/

Plus the BitLicences were only deferred and not cancelled.

DRK really is the way to go.

i just was on a chat room with a HK Chinese bunch
they were totally intreaged by DRK
some had MN's running already
some went 'shopping" for MN's right away
( i know they could have talked bull)
but still, they are all into it !

[toknormal]

Plus the BitLicences were only deferred and not cancelled.

DRK really is the way to go.

How can anyone tell if you're "using" a cryptocurrency ?

Service provider monitors what ports your IP packets are addressed to or something ?

[tungfa]

Same chinese gang gave me this story !
Regarding BTC and China Exchanges (why price is dropping) ?!
I just put it out there ! ....>

https://www.reddit.com/r/BitcoinMarkets/comments/2iauh9/ohcc_exchange_partnership_and_the_fractio

[tungfa]

Maybe this is what the fuss is about.

http://www.infowars.com/russia-is-this-close-to-banning-bitcoin/

Plus the BitLicences were only deferred and not cancelled.

DRK really is the way to go.

i just was on a chat room with a HK Chinese bunch
they were totally intreaged by DRK
some had MN's running already
some went 'shopping" for MN's right away
( i know they could have talked bull)
but still, they are all into it !

Cool!

super international chat room
bunch of good writers from coin telegraph and such on there
nearly everybody i talked to direct is
ether holding DRK
or interested, or knows about it pretty well
or has MN's running
really cool !
i never expected that when they invited me in !

Is HK thought ! (NOT china)

[r-ando]

200 BTC sellwall @ $302.

$100 coming. 2 spare pairs of pants and a big bag of fiat recommended.

The thing is, if people are interested in accumulating crypto (as opposed to accumulating fiat), there are far easier ways of doing it in the altcoin market than in the fiat market.

Even if you sold your entire holdings at $600 and then bought back at $300, you'd still only be in for a 100% gain. ok - not to be scoffed at, but at the same time you can get far bigger returns for far less risk just buying JackpotCoin, CINNI, Quark, Ducknotes, Mazza....etc @2 satoshis and offloading at a reasonable exit point.

This pissing about with huge amounts of fiat numbering in the thousands in nervy trading just to gain a few BTC is not my preferred pastime. All my BTC are in a cold"ish" wallet and staying there. Maybe they won't be worth anything in a few weeks but what kind of world will be living in in that case ? People like Barry Silvert won't be very happy.

Do what you will but I recommend selling bitcoin before it goes back down and to buy DRK 

[georgem]

Since it's sunday and nobody is working...

[droptable]

BitFinex is going mad  

https://bitcoinwisdom.com/markets/bitfinex/drkbtc

Sorry, that was me.  Didn't realise how low the volume was on Bitfinex.  That order wasn't fulfilled...chart is misleading.

...the chart will be fun when mintpal comes back...
THE WAR OF THE BOTS 2.0
(or this time its more about the admins setting it up again...)


btw, stone, "I m not even mad"  
(bring it back to, 0.027 if you wish   )

//edit: if twitter is right, 4 h to go