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droptable
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January 10, 2015, 12:39:32 PM |
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wow! This must be the best Anniversary Present for Darkcoin by the crypto-community!  BTW: the numbers of cmc are not correct at the moment. the site compares numbers that are one week old (changing the feed back and forth, due to bitstamp i guess) only the price is correct, the percentages are wrong. |
DΛRKCOIN -> is now -> DΛSH
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not DashCoin, not DarkDash, not anything. The Name has been / is changed the tech stays the same |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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eahmadov
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January 10, 2015, 12:46:12 PM |
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wow! This must be the best Anniversary Present for Darkcoin by the crypto-community! BTW: the numbers of cmc are not correct at the moment. the site compares numbers that are one week old (changing the feed back and forth, due to bitstamp i guess) only the price is correct, the percentages are wrong. If bitcoin goes down to 150$ range, there is no doubt that Litecoin will drop proportionally. But at what price would Litecoin mining be so unprofitable that it might actually kill the coin? |
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toknormal
Legendary
 Offline
Activity: 3066
Merit: 1188
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January 10, 2015, 12:53:47 PM |
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yeah LTC is going down fast...
but it still has a 42K buy order at 00601 (LTC)
I think thats just people in the US still asleep who, when they were last awake, set their orders way below the current trading price. They're going to get a shock when they wake up. The thing is, if you've been monitoring BTCe trollbox for the last year you'll know that there are loyal LTC afficionadoes who are convinced there's a huge pump coming like the one of November 2013. The problem with that is that back then, LTC was THE number 2 crypto in lots of ways. But now it doesn't have a lot going for it fundamentally and it hasn't had the traction that Bitcoin has had during the last year in terms of adoption, service infrastructure, PR etc. So that pump may never come and many are starting to realise it. The price has now dropped below 2013's low point where the pump started and the dumping's only accelerating. Every small rise is just being used as a cushion for exits. This is going to get very interesting. The very long term moving averages are now turning negative. It would take a Warren Buffet LTC sugar daddy who wants to blow half his holdings to turn this around I think. |
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droptable
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January 10, 2015, 12:55:52 PM |
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But at what price would Litecoin mining be so unprofitable that it might actually kill the coin?
i cant remember if i read it on the wallobserver-thread, or if there was a segment on letstalkbitcoin, (i think it was ltb ... ) about that topic but i cant remember the figures. but what i didnt thought about: -> price drops -> mining becomes heavily unprofitable -> miners pull out (massive) -> -> the difficulty is so high that the rest of the network cant solve blocks "at all" -> it takes month/weeks till the difficulty-adjustment happens -> coin gets useless in the meantime (transactions take forever) -> -> coin is dead. // there where some examples. (coins) // and they predicted LTC to die exactly that death. ///// i dont think that the BTC-price matters that much. its more about ltc´s own "value" than it is about the price of the "reserve currency" (btc) |
DΛRKCOIN -> is now -> DΛSH
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not DashCoin, not DarkDash, not anything. The Name has been / is changed the tech stays the same |
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splawik21
Legendary
Offline
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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January 10, 2015, 01:00:33 PM |
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LOL !! LTC is melting, already was lower than drk price!
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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PhattyBanks
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January 10, 2015, 01:01:21 PM |
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isnt the most LTC volume done on okcoin?
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innergy
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January 10, 2015, 01:02:08 PM |
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If Darkcoin price manages to reach 0.011 then in the coinmarket cap we will be #3 right below Litecoin (filtering non-mineables) but our price will be higher than LTC This price rise however has to happen naturally. I don't think a coordinated pump can be sustainable. Just buy 18DRK on 18th.. everyone.. no matter what the price is..  |
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eahmadov
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January 10, 2015, 01:05:12 PM |
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isnt the most LTC volume done on okcoin?
Yes, OKCoin had the bigest LTC volume but even in there the situation is tragic. wtf? Hundreds of thousands is being dumped.  |
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tungfa
Legendary
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Activity: 1834
Merit: 1023
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January 10, 2015, 01:07:23 PM |
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GhostPlayer
Legendary
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Activity: 1092
Merit: 1000
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January 10, 2015, 01:08:15 PM |
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Just buy 18DRK on 18th.. everyone.. no matter what the price is.. Wow !! This is the coolest idea I've heard to celebrate the birthday!!  |
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TPN
Full Member
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Activity: 193
Merit: 100
How did it get so late, so soon?
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January 10, 2015, 01:10:18 PM |
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When's the next big rise? the 18th?
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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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January 10, 2015, 01:13:48 PM
Last edit: January 10, 2015, 01:24:11 PM by toknormal |
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What about PPC ?
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eahmadov
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January 10, 2015, 01:15:05 PM |
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Just buy 18DRK on 18th.. everyone.. no matter what the price is.. Wow !! This is the coolest idea I've heard to celebrate the birthday!! I have a feeling that dev team will also have a nice present on Anniversary- either a nice new wallet design or perhaps some new feature. That should also compound the effect of price increase. But i think this all should be happening naturally. |
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sergiokkl
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January 10, 2015, 01:16:39 PM |
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Why darkcoin users are happy with litecoin fall?
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innergy
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January 10, 2015, 01:20:33 PM |
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Why darkcoin users are happy with litecoin fall?
Not exactly happy but.. justice is coming and everybody in the Crypto world will get what he deserves  And we are expecting more funds to Darkcoin market. |
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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January 10, 2015, 01:24:17 PM |
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Jeez. I was just about to raid my cold wallet to buy some PPC for hedging purposes thinking it was about to take off based on: [1] - it's on BTCe and BTCe is still a trend setter [2] - the BTCe boys are looking around for a rescue vehicle from LTC Next thing I see is a massive PPC dump. So nothing is certain here - PPC may be a victim instead of a beneficiary (last year I was convinced that PPC would eventually inherit the No2 position if not the No1). Who does that leave then ? [1] - DOGE [2] - a certain other coin which people round here may be familiar with Lets see if DRK becomes a victim or beneficiary. PPC dump in progress. Shakeup in progress. Will this affect BTCe's plans ? Amber alert. PPC Dump....  |
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xxxgoodgirls
Legendary
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Activity: 1092
Merit: 1001
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January 10, 2015, 01:25:27 PM |
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Why darkcoin users are happy with litecoin fall?
Not all of them. Why darkcoin users are happy with litecoin fall?
Not exactly happy but.. justice is coming and everybody in the Crypto world will get what he deserves And we are expecting more funds to Darkcoin market. Funds == my investment gets bigger in price? |
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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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January 10, 2015, 01:31:27 PM |
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Trollbox:  (They mean in terms of BTCe traded coins). |
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HowlingMad
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January 10, 2015, 01:31:50 PM |
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Website darkcoin.io down today?
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Windows 10, R280x * 3
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stonehedge
Legendary
Offline
Activity: 1652
Merit: 1002
Decentralize Everything
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January 10, 2015, 01:34:37 PM |
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Website darkcoin.io down today?
Persistant DDOS on and off over the last few days. I think some hosting changes are being made. It'll be back up soon. |
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