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

[slyA]

Hold fellas/ The coin has bottomed out. Hold your coins and watch it climb. Simple.

[Revelations86]

People have to stop panicking and look at the facts.  1) There was a theft which occurred but that was not because of a flaw with Darkcoin but rather a flaw with one particular exchange.  2) Trading volume is much lower than it was which indicates that more people are HOLDING the coin rather than dumping (which indicates the people have faith in the coin over the long term). The price is what it is right now because of low volume trading and not because people are dumping en mass.  Also, the major dump that occurred was because of the THEFT and NOT because people are losing confidence in this coin.  3) The coin has unique features to it which most other copycoin/scamcoins do not. 4) The Dev appears to be VERY active in ensuring the success of this coin to both investors as well as miners vs. other coins where the devs just release and wait to profit with 0 updates. Do not fall prey to the psychological games that traders play to get you to dump this coin so that they can buy it cheap.  This is not another scam coin.   It WILL go back up in light of the above facts.

[JGCMiner]

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

True, but it is not like there is all of a sudden 70 million coins flooding the market.   This coin is mined very slowly compared to most alts... stop making it seem like the total number of coins is the only factor in determining its future value.  

The total coin supply is one of the biggest inputs about the coins future value!!

How far in the future are we talking about?  Even at a max block reward of 25 it will take 16 years+ to mine all of the coin and it is very unlikely that the block reward will remain at 25 considering we are already at ~22.  

Stop spreading panic.  

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware cost to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

[anonymousxx1503]

Hold fellas/ The coin has bottomed out. Hold your coins and watch it climb. Simple.

[anonymousxx1503]

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

Especially considering that this is 50-75 years in the future.. If bitcoin was invented in 1939 or 1964, would there really not be a better alternative in 2014? I can't imagine what the world is going to look like in 2064 or 2089, but I imagine they will be laughing at our 'primitive' means of exchanging value. And this technology is cutting edge right now.

[heskey]

I like the decision! Rather fair than scarce.(And it wont even be that big of a change)

[JGCMiner]

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

Especially considering that this is 50-75 years in the future.. If bitcoin was invented in 1939 or 1964, would there really not be a better alternative in 2014? I can't imagine what the world is going to look like in 2064 or 2089, but I imagine they will be laughing at our 'primitive' means of exchanging value. And this technology is cutting edge right now.

Exactly. 

But I guess I shouldn't have been surprised at the reaction.   You can never make everybody happy...especially on the internet.   

[humanitee]

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

Especially considering that this is 50-75 years in the future.. If bitcoin was invented in 1939 or 1964, would there really not be a better alternative in 2014? I can't imagine what the world is going to look like in 2064 or 2089, but I imagine they will be laughing at our 'primitive' means of exchanging value. And this technology is cutting edge right now.

Exactly. 

But I guess I shouldn't have been surprised at the reaction.   You can never make everybody happy...especially on the internet.   

Of course miners are going to be happy, the people that bought before are not going to be. This is not surprising.

[slyA]

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

[Prabhjot Lalli]

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

[traumschiff]

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

[traumschiff]

Official Press Release

http://www.darkcoin.io/downloads/DarkcoinPRStatement.pdf

Can you put that on the first page?

With some short summary / explanation maybe.

Nice text also.

[Prabhjot Lalli]

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

Ofc, I didn't excepted it in a few days but some weeks or months. Now I'm just hoping it will hit around $1 again.

But he's right. We rise again. At least for the moment.

[slyA]

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

I'm guessing you did not see bitcoin go from 400 to 600 in mere hours yesterday?

[traumschiff]

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

Ofc, I didn't excepted it in a few days but some weeks or months. Now I'm just hoping it will hit around $1 again.

But he's right. We rise again. At least for the moment.

The biggest most unique feature isn't implemented yet. The moment its in beta the price will go up imho.

[traumschiff]

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

I'm guessing you did not see bitcoin go from 400 to 600 in mere hours yesterday?

The whole situation with bitcoin in the past 1-2 months is artificial. Thats not the normal case, that an MtGox goes bankrupt and they keep giving out 2 sided news to play with the xchange rate :\

[illodin]

But I guess I shouldn't have been surprised at the reaction.   You can never make everybody happy...especially on the internet.   

Of course miners are going to be happy, the people that bought before are not going to be. This is not surprising.

I am happy, mined a few in the beginning and bought almost as much when it was cheap so I did both. 

[humanitee]

But I guess I shouldn't have been surprised at the reaction.   You can never make everybody happy...especially on the internet.   

Of course miners are going to be happy, the people that bought before are not going to be. This is not surprising.

I am happy, mined a few in the beginning and bought almost as much when it was cheap so I did both. 

I am so surprised. 

[illodin]

But I guess I shouldn't have been surprised at the reaction.   You can never make everybody happy...especially on the internet.   

Of course miners are going to be happy, the people that bought before are not going to be. This is not surprising.

I am happy, mined a few in the beginning and bought almost as much when it was cheap so I did both. 

I am so surprised. 

If you don't want to miss the next train, check out blackcoin.

[Corazon79]

How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

True, but it is not like there is all of a sudden 70 million coins flooding the market.   This coin is mined very slowly compared to most alts... stop making it seem like the total number of coins is the only factor in determining its future value.  

The total coin supply is one of the biggest inputs about the coins future value!!

A1 post. DRK's fundamentals are good. If greedy people want to speculate on useless copycat altcoins, we should let them do it, but DRK stands alone in a very strong position. I see DRK as much more future-proof and designed for real world utility as a Bitcoin challenger. Particularly now it's fairly obvious that Bitcon is a front for World Bank/Visa/Boston funds...Copycats look pathetic against that reality and it won't be possible to speculate on them forever if nobody is actually using them as currency.