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

[Minotaur26]

Otoh wall taken out.

All if not most of otohs coins are on finex and not cryptsy anyway.  

Long live Dash.

I get the argument My Farm is making, but I think trademarking is just such a small piece of the puzzle.  

It's a huge piece of the puzzle.  

Make no mistake, I'm still a Darkcoin technology fan.  But this entire saga is exactly why venture capitalists almost always bring in handlers with serious business acumen for tech innovators.  Darkcoin needs one.  Badly.

If handled properly, this saga may actually benefit Darkcoin in the long term.  But I'm not willing to take the financial risk while we wait around to find out.

You are just confusing people, owning all BMWs in the world does not give you any rights to their trademarks.

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[Lukas_Jackson]

Otohs wall on finex down to 9k and change.  Getting eaten as we speak.

Hey fool, did you buy already?
Keep pushing. I am waiting for storm. I remember one in 2011. I can tell you a story if you'd like

[coins101]

-snip-
Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

You said you lost some money gambling and after that decided to only back the house.

Are you effectively backstopping the house for DRK gaming sites? If yes, how does one join such a venture?

[dreamspark]

28k drk. WOW

[jiggytom]

Just keeep an eye on the number of active masternodes to know what long time holders think about the rebrand  

Obviously I've been sold a bunch of coins recently, it's understandably taking a while  to organize but these will all go in to MNs, I also know that a whale has sold a lot of his MNs recently due to a bad luck steak of gambling, so the betting company has been most likely selling these off at market price unless it has the foresight to be setting up MNs itself which is probably unlikely, therefor quite a bit of the price movement and MN count may not have been anything to with the name change or sentiment about the future prospects of the coin.

I haven't had time to keep up with the forum and all the output on it so much recently, if anything was addressed to me there then I may have missed it.

Thanks for the status update Otoh. There are many people here who really appreciate your ongoing support.

speak for yourself. everything costs twice as much now  

Well....we could debate the merits (or otherwise) of Otoh's wall ad nauseum I suspect.

Bottom line is the price didn't completely collapse which is beneficial for stability. If Otoh hadn't had the 0.01 wall on Bitfinex a whole lot of MNs would have been unloaded once the price breached 0.01 and started heading down into the .009 and below territory. Then it would have snowballed and there'd be far more angst and chaos as a result.

I think what Otoh's done has kept things more stable which is ultimately good for DASH and good for for all investors.

(can't reply again, off to a meeting)

Otoh wall taken out.

All if not most of otohs coins are on finex and not cryptsy anyway.  

Long live Dash.

I get the argument My Farm is making, but I think trademarking is just such a small piece of the puzzle.  

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

How do you know this guy and how much they lost?

[AdamWhite]

Otohs wall on finex down to 9k and change.  Getting eaten as we speak.

Hey fool, did you buy already?
Keep pushing. I am waiting for storm. I remember one in 2011. I can tell you a story if you'd like

Story time!

[coins101]

Otoh wall taken out.

All if not most of otohs coins are on finex and not cryptsy anyway.  

Long live Dash.

I get the argument My Farm is making, but I think trademarking is just such a small piece of the puzzle.  

It's a huge piece of the puzzle.  

Make no mistake, I'm still a Darkcoin technology fan.  But this entire saga is exactly why venture capitalists almost always bring in handlers with serious business acumen for tech innovators.  Darkcoin needs one.  Badly.

If handled properly, this saga may actually benefit Darkcoin in the long term.  But I'm not willing to take the financial risk while we wait around to find out.

You are just confusing people, owning all BMWs in the world does not give you any rights to their trademarks.

Actually, there is a serious point here.

Regulations follow control. Anyone that controls a financial services project may be liable under the eyes of law enforcement.

In that event the person(s) who are deemed to be in control, they would have to apply for regulatory supervision. This is a project without boundaries, so regulatory control is worldwide.

Laying a claim to trademarks leaves open the door to regulatory control. That, I'm afraid to say, is a centralisation risk.

However, the darkcoin foundation can own trademarks. How it enforces them is a grey area. What is their economic loss, if they are a foundation that is ostensibly not making money or in it for profit.

To be on the safer side, Evan should step down from the foundation as he could be seen as controlling the keys to the project.

This is not unique to DRK, its a risk that a lot of projects have. Bitcoin has a foundation that supports core developers, so while this is a grey area, it is not without parallels.

[Bewary]

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

What website did this whale gambler lose 28,000 Darkcoins on and how do you know it's being dumped? I hope you don't mind telling a small detail such as that, just to confirm that the story is true and you didn't make it up to try and explain the dumping.

[coins101]

snip

If I could only reach in there and fix that for you  

ↄash

[Lukas_Jackson]

Otohs wall on finex down to 9k and change.  Getting eaten as we speak.

Hey fool, did you buy already?
Keep pushing. I am waiting for storm. I remember one in 2011. I can tell you a story if you'd like

Story time!

There was a storm and adam has fallen overboard

[Otoh]

....

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

How do you know this guy and how much they lost?

They're a long standing friend of mine, I've sold him many thousands of coins in the past, I wouldn't have posted about it but believe this should be in the public domain (not their ID of course) just as my wall movements are, say like a large truck having reversing indicators that bleep, best to try not to inadvertently run things over if possible when you're a whale I feel.

The good news, if you can call it that, is he's now out of coins.

[Sapereaude]

....

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

How do you know this guy and how much they lost?

They're a long standing friend of mine, I've sold him many thousands of coins in the past, I wouldn't have posted about it but believe this should be in the public domain (not their ID of course) just as my wall movements are, say like a large truck having reversing indicators that bleep, best to try not to inadvertently run things over when you're a whale I feel.

The good news, if you can call it that, is he's now out of coins.

Man that is one bad gambling streak...

[Minotaur26]

Otoh wall taken out.

All if not most of otohs coins are on finex and not cryptsy anyway.  

Long live Dash.

I get the argument My Farm is making, but I think trademarking is just such a small piece of the puzzle.  

It's a huge piece of the puzzle.  

Make no mistake, I'm still a Darkcoin technology fan.  But this entire saga is exactly why venture capitalists almost always bring in handlers with serious business acumen for tech innovators.  Darkcoin needs one.  Badly.

If handled properly, this saga may actually benefit Darkcoin in the long term.  But I'm not willing to take the financial risk while we wait around to find out.

You are just confusing people, owning all BMWs in the world does not give you any rights to their trademarks.

Actually, there is a serious point here.

Regulations follow control. Anyone that controls a financial services project may be liable under the eyes of law enforcement.

In that event the person(s) who are deemed to be in control, they would have to apply for regulatory supervision. This is a project without boundaries, so regulatory control is worldwide.

Laying a claim to trademarks leaves open the door to regulatory control. That, I'm afraid to say, is a centralisation risk.

However, the darkcoin foundation can own trademarks. How it enforces them is a grey area. What is their economic loss, if they are a foundation that is ostensibly not making money or in it for profit.

To be on the safer side, Evan should step down from the foundation as he could be seen as controlling the keys to the project.

This is not unique to DRK, its a risk that a lot of projects have. Bitcoin has a foundation that supports core developers, so while this is a grey area, it is not without parallels.

Is all very interesting, but the point I was trying to make is he is just contradicting himself. He said the coins were property and then said owning 50% of property gave you rights which is not true.  That is like saying owning 51% of MacBooks  gave you rights over the trademarks.  He is just wrong and as far as I am concerned can do as he pleases.

[Otoh]

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

What website did this whale gambler lose 28,000 Darkcoins on and how do you know it's being dumped? I hope you don't mind telling a small detail such as that, just to confirm that the story is true and you didn't make it up to try and explain the dumping.

On dirrectbet.eu - perhaps they'll confirm or some other way to tell? Also the person who lost may feel it therapeutic to post about it, but right now I don't expect that he's exactly in the mood for that.

Edit: I don't know for sure that it's being dumped by the gambling site, but this seems most likely to me given the timing and quantity.

[wpalczynski]

....

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

How do you know this guy and how much they lost?

They're a long standing friend of mine, I've sold him many thousands of coins in the past, I wouldn't have posted about it but believe this should be in the public domain (not their ID of course) just as my wall movements are, say like a large truck having reversing indicators that bleep, best to try not to inadvertently run things over when you're a whale I feel.

The good news, if you can call it that, is he's now out of coins.

Why would the Casino feel compelled to just dump it right away.  Why not let it sit in the sites bankroll??

[BlockaFett]

snip

..

If I could only reach in there and fix that for you  

ↄash

uh confusing. can't wait for the full rebrand it's gonna be awesome.

[Otoh]

....

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

How do you know this guy and how much they lost?

They're a long standing friend of mine, I've sold him many thousands of coins in the past, I wouldn't have posted about it but believe this should be in the public domain (not their ID of course) just as my wall movements are, say like a large truck having reversing indicators that bleep, best to try not to inadvertently run things over when you're a whale I feel.

The good news, if you can call it that, is he's now out of coins.

Why would the Casino feel compelled to just dump it right away.  Why not let it sit in the sites bankroll??

Perhaps the site owner would like a new Porsche, who knows? Your guess is as good as mine on that I expect.

Edit: or Tesla, I'd go for midnight blue, pan sun roof, black interior, grey seats, piano black facia, reversing cam + all tricked out latest S model = $85,000 including tax in Calif for example.

[arielbit]

I've spent the last few days significantly reducing my position in DRK due to this statement by Evan:



As any of you in the USA smart enough to follow financial laws know, the IRS and SEC have made some rather interesting rulings regarding cryptocurrency.  While I am no attorney (but make the habit of occasionally talking to one) I suspect there is going to be some... "Drama" in Darkcoin's future.

I have been making posts about the important need for, "Business Acumen" in the Darkcoin ranks.  Before I buy back into Darkcoin in size, I now have the requirement that a very well-seasoned business executive that a venture capitalist would love be brought onto the Darkcoin team to make and handle business decisions.  Note, this kind of person is going to likely require a large, vesting offering of Darkcoin for the trouble.

You are making this "drama" up from your ass  
Please, go back to your farm

I wish that was true.  Let's look at the IRS's guidance on virtual currency, shall we?  http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-Guidance

How can Evan own something that is treated as property when I own billions of it as well?  And if he doesn't really own it, how can he make a legal challenge that requires his ownership?

Maybe he can.  Maybe Darkcoin has a team of amazing attorneys that understand cryptocurrency.  All I know, is those 568 shares of Google I own don't allow me to make trademark claims on behalf of Google.

I SUSPECT that whoever owns 50.000000001% of Dashcoin is going to own the Dash financial trademark.  But even then, it could be an ugly fight.  Or maybe not.  It's going to be interesting!  Or maybe not.  Heh.

+ 184.46 billion dashcoins

[wpalczynski]

....

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

How do you know this guy and how much they lost?

They're a long standing friend of mine, I've sold him many thousands of coins in the past, I wouldn't have posted about it but believe this should be in the public domain (not their ID of course) just as my wall movements are, say like a large truck having reversing indicators that bleep, best to try not to inadvertently run things over when you're a whale I feel.

The good news, if you can call it that, is he's now out of coins.

Why would the Casino feel compelled to just dump it right away.  Why not let it sit in the sites bankroll??

Perhaps the site owner would like a new Porsche, who knows? Your guess is as good as mine on that I expect.

Edit: or Tesla, I'd go for midnight blue, pan sun roof, black interior, grey seats, piano black facia, reversing cam + all tricked out latest S model = $85,000 including tax in Calif for example.

Sure its possible but its just as likely that its a speculative move on the future price.

[jiggytom]

Some got sold in to my wall which is on Finex still, the whale gambler lost approx 28,000 DRK last night so this is completely consistent with the gambling site dumping those coins, I don't believe that it reflects on the coins prospects at all, but please feel free to sell some more in to my (and other's) walls if you wish.

What website did this whale gambler lose 28,000 Darkcoins on and how do you know it's being dumped? I hope you don't mind telling a small detail such as that, just to confirm that the story is true and you didn't make it up to try and explain the dumping.

On dirrectbet.eu - perhaps they'll confirm or some other way to tell? Also the person who lost may feel it therapeutic to post about it, but right now I don't expect that he's exactly in the mood for that.

Edit: I don't know for sure that it's being dumped by the gambling site, but this seems most likely to me given the timing and quantity.

Thanks for being as honest as possible!  Maybe it's that guy who has posted a picture of 1500 DRK bets from directbet... Forget who that was.  That would make some sense.