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Terzo2
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January 26, 2015, 08:11:39 AM |
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Huge sell walls ! Still the price is solid at 0.007 . Thats what i call healty grow .  |
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Terzo2
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January 26, 2015, 08:13:22 AM |
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Is darkcoin's block reward specifically designed to amplify bubbles and busts?
"Block reward is controlled by: 2222222/(((Difficulty+2600)/9)^2)"
Difficulty follows price.
Two scenarios.
1) Price goes up
Mining becomes more profitable. More people mine DRK. Difficulty goes up.
Block reward gets smaller (denominator of fraction gets bigger) which the supply to dry up.
Bubble inflates even faster. Ends in a magnificent crash.
2) Price goes down
Mining becomes less profitable. Less people mine DRK. Difficulty goes down.
Block reward gets bigger (denominator of fraction gets smaller) which causes even more coins to come onto the market.
Crash becomes even worse. Coin becomes severely oversold.
What is the rationale behind intentionally making bubbles and crashes bigger in magnitude?
This guy has a point !  |
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crowning
Full Member
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Activity: 212
Merit: 100
Activity: -42
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January 26, 2015, 08:23:08 AM |
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What is the rationale behind intentionally making bubbles and crashes bigger in magnitude?
It does actually exactly the opposite: when the rewards go down/up faster, the miners switch earlier from/to a different coin, thus making the oscillations smaller. Same(!) time frame:   |
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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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January 26, 2015, 08:25:11 AM |
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As Bitcoin prices in the new US exchange, the rise is now showing up as a breakout on the 1-Week chart. Lets see how far it goes...next all time high should be around $6,000 per bitcoin which would put DRK at $30...(masternode valuation = $30,000).  |
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g4q34g4qg47ww
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January 26, 2015, 08:35:58 AM |
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Now is the future, crazy. |
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RenegadeMan
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January 26, 2015, 08:37:38 AM |
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So often people post on here with little thought for how their words are being conveyed and one has no idea what they're getting at. If I had a dollar for every time I've read an ambiguous post, well I'd have a lot of dollars. Economics fool chiming in...
Are you saying that bigrcanada is an "Economics fool"? or Are you saying that the presenter Mike Maloney in the video Tok posted is an "Economics fool"? or Are you saying that you are the person "chiming in" and you're labelling yourself an "Economics fool"? The links you've provided are typically typical in their common outbound messaging of what currency is and what money is. Sentences like this "A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money"
do little to get at the heart of what Mike Malone is expressing about the wholesale fraud that has been perpetrated on the citizens of most jurisdictions where the government issued currency is nothing much more than government issued debt without any intrinsic value. I think the messaging in those videos is of profound importance for all peoples of the world and something everyone should be considering and taking to heart. As normal though, only a small portion of humanity will bother to work out what the true difference between currency and money is, and there'll be much pain and sorrow and "why didn't someone tell us?!" cries of injustice (usual 'human history repeating') when it all unravels. So for everyone I think it requires a "Note to self": take steps to get ready for the inevitable collapse of fiat currencies and ensure your wealth is stored in something that's real 'money'. |
BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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January 26, 2015, 08:37:44 AM |
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BUMP |
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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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January 26, 2015, 08:47:08 AM |
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240 BTC sellwall on BTCe....munched.
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g4q34g4qg47ww
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January 26, 2015, 08:49:31 AM |
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So often people post on here with little thought for how their words are being conveyed and one has no idea what they're getting at. If I had a dollar for every time I've read an ambiguous post, well I'd have a lot of dollars. Economics fool chiming in...
Are you saying that bigrcanada is an "Economics fool"? or Are you saying that the presenter Mike Maloney in the video Tok posted is an "Economics fool"? or Are you saying that you are the person "chiming in" and you're labelling yourself an "Economics fool"? The links you've provided are typically typical in their common outbound messaging of what currency is and what money is. Sentences like this "A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money"
do little to get at the heart of what Mike Malone is expressing about the wholesale fraud that has been perpetrated on the citizens of most jurisdictions where the government issued currency is nothing much more than government issued debt without any intrinsic value. I think the messaging in those videos is of profound importance for all peoples of the world and something everyone should be considering and taking to heart. As normal though, only a small portion of humanity will bother to work out what the true difference between currency and money is, and there'll be much pain and sorrow and "why didn't someone tell us?!" cries of injustice (usual 'human history repeating') when it all unravels. So for everyone I think it requires a "Note to self": take steps to get ready for the inevitable collapse of fiat currencies and ensure your wealth is stored in something that's real 'money'. Hey man, post some of those vids you are talking about. *was calling myself an economics weirdo. |
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Artoodeetoo
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January 26, 2015, 08:52:55 AM |
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Btc.. flight to safety!!
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DASH #DashDC #DashIntoDigitalCash
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RenegadeMan
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January 26, 2015, 08:54:51 AM |
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So often people post on here with little thought for how their words are being conveyed and one has no idea what they're getting at. If I had a dollar for every time I've read an ambiguous post, well I'd have a lot of dollars. Economics fool chiming in...
Are you saying that bigrcanada is an "Economics fool"? or Are you saying that the presenter Mike Maloney in the video Tok posted is an "Economics fool"? or Are you saying that you are the person "chiming in" and you're labelling yourself an "Economics fool"? The links you've provided are typically typical in their common outbound messaging of what currency is and what money is. Sentences like this "A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money"
do little to get at the heart of what Mike Malone is expressing about the wholesale fraud that has been perpetrated on the citizens of most jurisdictions where the government issued currency is nothing much more than government issued debt without any intrinsic value. I think the messaging in those videos is of profound importance for all peoples of the world and something everyone should be considering and taking to heart. As normal though, only a small portion of humanity will bother to work out what the true difference between currency and money is, and there'll be much pain and sorrow and "why didn't someone tell us?!" cries of injustice (usual 'human history repeating') when it all unravels. So for everyone I think it requires a "Note to self": take steps to get ready for the inevitable collapse of fiat currencies and ensure your wealth is stored in something that's real 'money'. Hey man, post some of those vids you are talking about. *was calling myself an economics weirdo. Okay (glad you deleted that first response you made because I was even more confused as to what "you're getting at". Ha!) There's about six of them all up. This is the first one and you can easily get to the next five via Youtube provided links once you watch this first one: http://youtu.be/m7TkzvLnE0s?list=PL8J5Vm3TZONiz26nxGQRvB9Lh_8arK4AH |
BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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RenegadeMan
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January 26, 2015, 08:57:31 AM |
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BTC price at BTC-e currently $297
BTC price at BitStamp currently $307
Looks like we're back to the regular $10 difference in price between BTC-e and BitStamp that existed for many months prior to the price collapsing (not sure that it means anything though; just interesting).
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BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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stonehedge
Legendary
Offline
Activity: 1666
Merit: 1002
Decentralize Everything
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January 26, 2015, 09:43:28 AM |
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As Bitcoin prices in the new US exchange, the rise is now showing up as a breakout on the 1-Week chart. Lets see how far it goes...next all time high should be around $6,000 per bitcoin which would put DRK at $30...(masternode valuation = $30,000). If this turns out to be true I'll be a very happy man. |
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Walter_S
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January 26, 2015, 09:49:48 AM |
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As Bitcoin prices in the new US exchange, the rise is now showing up as a breakout on the 1-Week chart. Lets see how far it goes...next all time high should be around $6,000 per bitcoin which would put DRK at $30...(masternode valuation = $30,000). If this turns out to be true I'll be a very happy man. Same here  |
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Terzo2
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January 26, 2015, 09:54:17 AM |
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As Bitcoin prices in the new US exchange, the rise is now showing up as a breakout on the 1-Week chart. Lets see how far it goes...next all time high should be around $6,000 per bitcoin which would put DRK at $30...(masternode valuation = $30,000). If this turns out to be true I'll be a very happy man. Same here OK target price for Darkcoin is 30USD . |
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AzzAz
Legendary
Offline
Activity: 1030
Merit: 1006
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January 26, 2015, 10:19:43 AM |
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Walter_S
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January 26, 2015, 10:27:16 AM |
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As Bitcoin prices in the new US exchange, the rise is now showing up as a breakout on the 1-Week chart. Lets see how far it goes...next all time high should be around $6,000 per bitcoin which would put DRK at $30...(masternode valuation = $30,000). If this turns out to be true I'll be a very happy man. Same here OK target price for Darkcoin is 30USD . Chinese exchanges going nuts for BTC at the moment. It's full on panic buying...! |
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illodin
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January 26, 2015, 10:34:56 AM |
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I haven't been hit with that virus, but I'd donate the ransom amount to a bounty that tracks them down and beats the shit out of them and posts the video on youtube (or ogrish or similar, depending on the outcome). |
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Drobek
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January 26, 2015, 10:35:09 AM |
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A question for you re: tracing, guys.
Let's say we can see the following transaction on the blockchain:
Input A 1 BTC, Output Address B 0.6 BTC and C 0.4 BTC.
What can be inferred here is that A either sent 0.6 BTC to B (and got the change to C address) OR 0.4 BTC to C (and got the change to B address).
Is there a way to find out whether A sent money to B OR C?
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