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

[Terzo2]

Darkcoin holders are literally raped by the market . Every Darkcoin investor frustrated with the price . We are starting to lose hope.

Speak for yourself.

Yeah you've sold at ATH .

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[pbleak]

Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Did you see the size of those two markets?

My personal eBay account sells more units...

Some of the markets, including the ones doing very well now, looked like that but a few months ago.

[Artoodeetoo]

Looks like its about to break up to me..... Still a bit of selling but I think drk is about to move higher..

[oblox]

Darkcoin holders are literally raped by the market . Every Darkcoin investor frustrated with the price . We are starting to lose hope.

Speak for yourself.

Yeah you've sold at ATH .

Um what?

[pbleak]

Looks like its about to break up to me..... Still a bit of selling but I think drk is about to move higher..

Sorry do you mean Dark is about to break up but also that it will go higher or have I misread?

[toknormal]

There's nothing wrong with the Darkcoin price.

It's the Marketcap and DRK / BTC ratio you want to worry about, not the dollar value - it's a meaningless metric (MM).

Darkcoin has compressed to around 1/5 of it's all time high, but it was only there for a few hours. Bitcoin sustained a couple of weeks above $1100 and then compressed ultimately to $275 - a factor of 4 to 5.

If you look at market cap,the rankings shelf off sharply right after DRK. The next classification (currently held by Monero) only has  a third to a half of DRK's market cap.

So the question is not what's the price doing, it's how to consolidate the position and in that regard the prevailing discussions about masternode vs mining revenue, status of pools, algo options are absolutely topical. This is just another crossroads to be negotiated on the long road to adoption and capitalisation.

It's imperative that good and sustainable solutions be found to all these things.

Look at NxT. Who'd have thought that it could have sustained a 6000 Sat valuation 10 months after it was pumped and dumped. I wouldn't have and I'm an investor. The reason it's managed it is because they've got a ton of stuff going on and their ecosystem is going. Similarly, ever technical or commercial hurdle that Darkcoin gets past is another hurdle for any competitor to add to their challenges.

Except it will be twice as hard for them because with DRK having blazed the trail, investors can then see how far they've got to go. We need to keep up the pressure on consolidating the integrity and performance of Darkcoin infrastructure while at the same time pushing on all open doors that come our way in the commercial realm.

[georgem]

It would be great if we could somehow get a reliable average time of how long it takes to anonymyze coins.
Probably even something that can be calculated like a formula? (x Masternodes / y anonymizing wallets multiplied with y etc...)

It should show an average ETA in the wallet or else new people might give up and not know that they have to wait for hours.
They might think it is broken or something.
They should also be informed what happens when they close their wallet during an anonymization process...
(I did this a few days ago, and my impression was that the anonymization process (8 rounds) started from the beginning, I could be wrong though)

[Rondam]

There's nothing wrong with the Darkcoin price.

It's the Marketcap and DRK / BTC ratio you want to worry about, not the dollar value - it's a meaningless metric (MM).

Darkcoin has compressed to around 1/5 of it's all time high, but it was only there for a few hours. Bitcoin sustained a couple of weeks above $1100 and then compressed ultimately to $275 - a factor of 4 to 5.

If you look at market cap,the rankings shelf off sharply right after DRK. The next classification (currently held by Monero) only has  a third to a half of DRK's market cap.

So the question is not what's the price doing, it's how to consolidate the position and in that regard the prevailing discussions about masternode vs mining revenue, status of pools, algo options are absolutely topical. This is just another crossroads to be negotiated on the long road to adoption and capitalisation.

It's imperative that good and sustainable solutions be found to all these things.

Look at NxT. Who'd have thought that it could have sustained a 6000 Sat valuation 10 months after it was pumped and dumped. I wouldn't have and I'm an investor. The reason it's managed it is because they've got a ton of stuff going on and their ecosystem is going. Similarly, ever technical or commercial hurdle that Darkcoin gets past is another hurdle for any competitor to add to their challenges.

Except it will be twice as hard for them because with DRK having blazed the trail, investors can then see how far they've got to go. We need to keep up the pressure on consolidating the integrity and performance of Darkcoin infrastructure while at the same time pushing on all open doors that come our way in the commercial realm.

Nothing wrong with darkcoin price right now.

It's cheap and you can easily buy in order to setup master nodes.

Build master nodes in order to have a faster, more secure and stronger network.

Darkcoin price will follow one day, nobody should be worried about that... only weak hands.

[TanteStefana2]

Agreed. I wonder if Evan would be open to even considering moving to a Masternode/Proof of Stake system. Making DRK a PoS coin where staking is done via operating a masternode. We could drop the Masternode cost to allow more democratic distribution. Of course pooled masternode services would lead to centralization analogous to the mining pool problem. But if we could make it easy enough for the average user to operate a masternode, there would be no need for pools. Why couldn't operating a masternode be done via the qt client? Keep 500 DRK in local wallet. Unlock wallet for staking only (a.k.a. masternode start). Most folks could run this on their personal PC. If you want to run more than one masternode or need a beefier system, rent a server. 

I know many people are opposed to proof of stake coins. One of my own personal complaints against them is that most coin distribution was done via a very short mining period to a few large miners. In the case of darkcoin, distribution is already completed via months of purely democratic market based means.

I just finished listening to Dan Larimer on LTB # 155 and he reinforced my sentiment that PoS offers advantages over PoW, especially in terms of centralization.

Gonna start my first thread on darkcointalk see if there is overwhelming backlash against this idea.

IMO, that would be dangerous.  With pools, we can see what percentage they carry and if they're malicious.  With MNs we don't know who owns what or is in control of how many.  It doesn't matter so much with MNs, but if they are in control of the blockchain, there would be no way to see if hanky panky is happening.

[sergiokkl]

price does not matter because all confident that if we keep our coins will rise some day , but of course that matters l price, this is not a ngo

[TanteStefana2]

Can someone tell me at what price Mining DRK is still interesting ( based on average Mining speed )
MN rewards are going up so mining gets less interesting
Should DRK be at a Minimum Price for mining ?

Thanks

The way the rewards work, if mining is unprofitable, and miners switch to another coin, the difficulty goes down, and the rewards go up.  If it becomes profitable and everyone is mining DRK, the difficulty goes up and the rewards go down (until it hits minimum, where we are now, at 5 coins/block)  So it's a system that, when there aren't enough miners, will encourage them to come back.  It's never been profitable to mine drk, so I must conclude that miners are mining for the future value?  Or they cant' do better elsewhere??

[TanteStefana2]

blah blah blah, sigh...

Do you get paid when you make newbie accounts too?

[thelonecrouton]

Darkcoin holders are literally raped by the market . Every Darkcoin investor is frustrated with the price . We are starting to lose hope.

Do you get paid when you make newbie accounts too?

I think the whole of BCT had him on ignore, so he made a new account. Sadly his new user name was not the most cunning choice, as it provides a subtle clue to his previous identity. 

[TanteStefana2]

I think the whole of BCT had him on ignore, so he made a new account. Sadly his new user name was not the most cunning choice, as it provides a subtle clue to his previous identity. 

LOL, didn't even look.  And shouldn't have quoted without erasing, but oh well.  immediately ignored after I posted, such a nice feature.

[sergiokkl]

Darkcoin holders are literally raped by the market . Every Darkcoin investor is frustrated with the price . We are starting to lose hope.

Do you get paid when you make newbie accounts too?

I think the whole of BCT had him on ignore, so he made a new account. Sadly his new user name was not the most cunning choice, as it provides a subtle clue to his previous identity. 

is not surprising that there are people fustrated for the price, currently it is rubbish but if you believe in darkcoin proyect, you need calm and wait

[xxxgoodgirls]

It would be great if we could somehow get a reliable average time of how long it takes to anonymyze coins.
Probably even something that can be calculated like a formula? (x Masternodes / y anonymizing wallets multiplied with y etc...)

It should show an average ETA in the wallet or else new people might give up and not know that they have to wait for hours.
They might think it is broken or something.
They should also be informed what happens when they close their wallet during an anonymization process...
(I did this a few days ago, and my impression was that the anonymization process (8 rounds) started from the beginning, I could be wrong though)

bump

[TanteStefana2]

WOW!!!

I just did a masternode count and got 1989 masternodes!  Camo must have got his up and running!  LOL.  Seriously though, that's HUGE!  More than doubling pre Onyx nodes!

[toknormal]

WOW!!!

I just did a masternode count and got 1989 masternodes!  Camo must have got his up and running!  LOL.  Seriously though, that's HUGE!  More than doubling pre Onyx nodes!

This is making me nervous.

My masternode is down till I get things sorted out with Amazon.

Is there going to be a limit ? I heard 3000 talked about. Am I going to be shut out of future masternode participation because I didn't get my foot back in the door early enough ?...plus I've got another one to put up because I bought loads more DRK when the price was down at 0.003 a couple of months back.

[TanteStefana2]

It would be great if we could somehow get a reliable average time of how long it takes to anonymyze coins.
Probably even something that can be calculated like a formula? (x Masternodes / y anonymizing wallets multiplied with y etc...)

It should show an average ETA in the wallet or else new people might give up and not know that they have to wait for hours.
They might think it is broken or something.
They should also be informed what happens when they close their wallet during an anonymization process...
(I did this a few days ago, and my impression was that the anonymization process (8 rounds) started from the beginning, I could be wrong though)

bump

Yes, it would be nice, but things are currently so sporadic, it really isn't possible to give meaningful estimates.  Though we're going to try darksending on Fridays so there is enough volume to move the coins through the system.  So if you can wait until Fridays (or maybe we'll add another day if this works well)  You'll get denominated much quicker.

Certainly, this feature will need to be implemented in the future, but at the moment, it wouldn't work with the anemic volume

[TanteStefana2]

WOW!!!

I just did a masternode count and got 1989 masternodes!  Camo must have got his up and running!  LOL.  Seriously though, that's HUGE!  More than doubling pre Onyx nodes!

This is making me nervous.

My masternode is down till I get things sorted out with Amazon.

Is there going to be a limit ? I heard 3000 talked about. Am I going to be shut out of future masternode participation because I didn't get my foot back in the door early enough ?...plus I've got another one to put up because I bought loads more DRK when the price was down at 0.003 a couple of months back.

It's a good time to be down, because the number of masternodes has more than doubled but the rewards haven't yet, LOL.  Eventually, the rewards should go up to offset the loss.  If running a node makes no money (because you have to pay server costs), people will stop running them.  So I think Evan wants it to all go the natural way.  Every month, the payouts increase by 5%.  When we hit 3000 nodes, and it stays there, we'll assume the price for payouts is right, and the % if block rewards will be set.