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

[coins101]

Now that the air cleared (no pun intended), let's focus on 2 areas which a lot of member suggested.

1) Darksend

Clearly this is mostly on Evan's shoulder, with us participating in testing and AnonyMint sparking healthy discussion

2) Marketing

We're a community, so if you feel like part of it, please help. Let us know which area and how much can you do.

Please quote this part of the post, add the name / area.
We need a marketing leader who could coordinate/steer efforts / gather donations for professionals etc (if LimLim is not keen on that).
We need press releases, photo/video ads, case studies, social sites managers etc.
I'll start.

luke997 - co-create/proof read/distribute press releases, case studies


P.S. It wouldn't harm to agree and draft a standard, factual reply with the answer to the 24/48h for the ones who come from time to time and ask it.

I'm writing a framework for PR. Looking for comments and edits.

Plan, I suggest, should be to put it out in stages on the run up to the zerocash launch in May.  For whatever reason they have been highlighted as the benchmark without having anything viable to show and the lead guy, Matthew Green, saying it could all go wrong. The problem is that the press machines will start to work to the Zerocash launch window, so we have to work around that.

I think we as a group who own dark at this point can collectively make a lot of money. The benchmark for value should be $1bn. that will get people talking, wondering and focus our dark holders efforts.

We should protect the devs team from noise and start to use social media to get the name darkcoin, darksend and internet cash slowly into wider conciousness. That doesn't mean spam marketing. That means carefully slipping the concept into the streams of conversations.

Using professional help on branding and marketing - name the current winner of the logo comp; and then bank some of the donations until the value of darkcoin hits $20m. Then we can have a milestone rethink about what it needs to get us to $50m, $100m and $1bn. The donations will be worth a lot more at $20m and that buys a lot more and better quality.

EDIT

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[eduffield]

Looks like a lot of you have got your knickers in a bunch over the suggestion of an airdrop. Just because it has been put up for a vote, does not mean it will be implemented. I'm pretty sure Evan will not go through with it based on the comments coming through. The only people who seem to be in favour have come out of the woodwork to support the idea. I

Yeah, it really says something about community went people panic sell over an poll.  Hey, cheap coins for those of us that don't have weak hands.

If anyone was thinking they want to run a masternode, it's a decent opportunity to grab 1000DRK.  I'll be releasing the code tomorrow to launch your masternode and we'll hard fork in the next 4 weeks to begin payments.

Is that the final number Evan?  

While I have enough for a few nodes, wouldn't you think 250 or maybe 500DRK a bit more reasonable?  Even considering the technical knowledge one is expected to have in order to run a node.  

Also, is the final number going to be scaled against price so that the cost in fiat to run a masternode stays roughly constant?

The point of them is to make it very expensive to acquire them. Imagine the following:

A:
- User asks "Should I create a masternode?"
- it costs $XXX, they would earn $X.XX/day. That's X days till they earn 100% of their investment.
- User buys 1000 DRK, creates masternode
- Price goes higher, 1000DRK gets pulled out of the supply
- Go to A

This is a feedback loop that I'm creating. We should add masternodes until the price goes really high and it's too expensive to buy the darkcoin to start a masternode.  

Let's say after the feedback loop completes the price of Darkcoin is $5 and we have 1200 nodes. At that point we have six million dollar in masternodes, to gain 50% of the network to do an attack would probably cost much more than six million dollars, so it's not possible anymore.

The other problem is all nodes need to keep a list of all of the masternodes. We want a bunch, but we don't want more than 10k probably. If the requirement is too low we'll end up with a bunch of network traffic from all of the discovery chatter.

[91porn]

Investors are moving from dying Dogecoin to  Darkcoin. They are specially injected panic around coins to reduce its price to be bought.

are you sure?I dont think so

[taxli]

I am out of sync on win 7 X64

stuck on block 46226

last night it emerged,please help me!!

my wallet version v0.9.1.1-unk-beta

[eduffield]

I am out of sync on win 7 X64

stuck on block 46226

last night it emerged,please help me!!

my wallet version v0.9.1.1-unk-beta

Try updating to : http://darkcoin.io/downloads/darkcoin-qt.exe

[HammerHedd]

I am out of sync on win 7 X64

stuck on block 46226

last night it emerged,please help me!!

my wallet version v0.9.1.1-unk-beta

The same thing happened to me. Download the wallet from the OP and it will be 9.1.2 which fixes the problem. I got an error message about integers out of range when it loaded, but I clicked "ignore" and the wallet synched.

[taxli]

I am out of sync on win 7 X64

stuck on block 46226

last night it emerged,please help me!!

my wallet version v0.9.1.1-unk-beta

Try updating to : http://darkcoin.io/downloads/darkcoin-qt.exe

tks dev,has been resolved 

[IloveAnonCoin]

Investors are moving from dying Dogecoin to  Darkcoin. They are specially injected panic around coins to reduce its price to be bought.

illusion, or tell other people to hold or buy and then you sell ?

[janos666]

To be honest, I don't really care about the logo and the public acceptance of the "dark anonimity stigma" while I must be concerned about the ~1.7M instant mined DRKs. This is what really keeps me back from buying 1000 DRK for a master node.

Today, a high-end VGA might mine something around 1-2 DRK/day and it can probably get significantly lower in the upcoming months. And then there are a few peope with not just hundreds but thousands, or even a few with houndreds of thousands DRK out there who practically got that amound for free when compared to the present miners/investors.

I think this is what should be sorted out, not the name or the logo.
It would certanly help if someone could draw some nice charts which tells the life story of those coins.
If the original miners already sold most of the coins then it's not a problem. It some of them are still holding several thousands, then it's freaky and I just can't spen a significant amount of BTC on DRK (or even mine more than ~100).

[soulnecturn]

To be honest, I don't really care about the logo and the public acceptance of the "dark anonimity stigma" while I must be concerned about the ~1.7M instant mined DRKs. This is what really keeps me back from buying 1000 DRK for a master node.

Today, a high-end VGA might mine something around 1-2 DRK/day and it can probably get significantly lower in the upcoming months. And then there are a few peope with not just hundreds but thousands, or even a few with houndreds of thousands DRK out there who practically got that amound for free when compared to the present miners/investors.

I think this is what should be sorted out, not the name or the logo.
It would certanly help if someone could draw some nice charts which tells the life story of those coins.
If the original miners already sold most of the coins then it's not a problem. It some of them are still holding several thousands, then it's freaky and I just can't spen a significant amount of BTC on DRK (or even mine more than ~100).

You cannot sort it out ...
I am mining DRK since weeks but
Yes I am aware what happened before - before the spec changeed ... so first miners who get into drk got best profits... But honestly those are not dangerous numbers... If DRK is aimed to success then this wont make it problem (maybe some hickup, maybe this hickup already happened) but case is that First miner of this coins simply was first... they decided to mine as first believing this coin can get future... and they are gratifited for this ... thats pretty all ... depends how you look on this ... its not bad ... And remember those first were not 1 or few but more like way more ... so its not like 1 or few keeping larger amounts (or not already) but many And again back to the point - they were first into digging this coins so they found biggest amounts

[rickraw]

To be honest, I don't really care about the logo and the public acceptance of the "dark anonimity stigma" while I must be concerned about the ~1.7M instant mined DRKs. This is what really keeps me back from buying 1000 DRK for a master node.

Today, a high-end VGA might mine something around 1-2 DRK/day and it can probably get significantly lower in the upcoming months. And then there are a few peope with not just hundreds but thousands, or even a few with houndreds of thousands DRK out there who practically got that amound for free when compared to the present miners/investors.

I think this is what should be sorted out, not the name or the logo.
It would certanly help if someone could draw some nice charts which tells the life story of those coins.
If the original miners already sold most of the coins then it's not a problem. It some of them are still holding several thousands, then it's freaky and I just can't spen a significant amount of BTC on DRK (or even mine more than ~100).

Some people have also spent hundred and/or thousands of dollars on acquiring hundred and/or thousands of DRK.  Does that concern you?  Price of acquisition is irrelevant when everybody has a price they will sell at regardless of the amount they are holding.

[illodin]

"Investors" should buy a decent amount of every coin in the beginning when they are cheap to share the risk with early miners (and those who buy early) instead of waiting to see which coin takes off and then complain they can't get in cheap anymore. Or even better, do the legwork and see what coins are being released and which are worth investing in. If someone had the vision and mined from the start to this day then all the power to them, they took a risk ignoring a lot of other potential coins while trusting drk and this time it paid off for them.

[humanitee]

1) Should we take care of the "premined situation?" No, it wasn't a premine, if you didn't know about Dark it's no one's fault but your own. I am in this boat myself and I own a pretty large stake acquired by buying them. I bought them when they were capped at a much lower number, and Evan already increased the coin allotment to appease these people.
2) Should we change the name? No, we just paid for logos to be made for Darkcoin. Let's burn money in our front yard and further confuse people when we change the name again.
3) Should Evan listen to all these random fucking people? No, the price had remained stable indicating that the market was fine with the way things were.
4) Should we market a coin whose main feature doesn't work? No, we should wait until it's finished, until then it would be a scam unless you specifically state that the main feature isn't finished, which might be counterproductive.

This coin could be called Potatocoin with GreaseGive for all I care, the whole coin hinges on the implementation of decentralized CoinJoin. Finishing that before the other anonymous coins hit the market is of utmost importance.

[Kai Proctor]

illusion, or tell other people to hold or buy and then you sell ?

You know you are doing something right when that guy troll 24/7. ^

[vertoe]

1) Should we take care of the "premined situation?" No, it wasn't a premine, if you didn't know about Dark it's no one's fault but your own. I am in this boat myself and I own a pretty large stake acquired by buying them. I bought them when they were capped at a much lower number, and Evan already increased the coin allotment to appease these people.
2) Should we change the name? No, we just paid for logos to be made for Darkcoin. Let's burn money in our front yard and further confuse people when we change the name again.
3) Should Evan listen to all these random fucking people? No, the price had remained stable indicating that the market was fine with the way things were.
4) Should we market a coin whose main feature doesn't work? No, we should wait until it's finished, until then it would be a scam unless you specifically state that the main feature isn't finished, which might be counterproductive.

5) Should we start using Darkcointalk? Wtf good idea vertoe! https://www.darkcointalk.org/

[luke997]

To be honest, I don't really care about the logo and the public acceptance of the "dark anonimity stigma" while I must be concerned about the ~1.7M instant mined DRKs. This is what really keeps me back from buying 1000 DRK for a master node.

Today, a high-end VGA might mine something around 1-2 DRK/day and it can probably get significantly lower in the upcoming months. And then there are a few peope with not just hundreds but thousands, or even a few with houndreds of thousands DRK out there who practically got that amound for free when compared to the present miners/investors.

I think this is what should be sorted out, not the name or the logo.
It would certanly help if someone could draw some nice charts which tells the life story of those coins.
If the original miners already sold most of the coins then it's not a problem. It some of them are still holding several thousands, then it's freaky and I just can't spen a significant amount of BTC on DRK (or even mine more than ~100).

There are no few holders from the initial mining with hundreds of thousand of coins, there is no unfair distribution situation.

Early miners have dumped what they mined already. They have been early - profited, good for them.
Many already posted proofs of that. Early sales, largest wallets etc. If anyone from the early days had considerable amount, would have dumped it already at > @ 0.002 and walked away loaded. That didn't happen.

There was always enough volume to buy, when DRKs bought with the stolen BTC got dumped - all got buyers.
Cryptsy's volume alone has been daily 30-70BTC for past month.
Couple days ago someone put 84BTC buy wall - guess what - no dump.

If you want more Darks - go and buy it as people have been doing. There is a long line of investors (me including) who spend a lot of money buying @ 0.0005, 0.001, 0.002 - do you think we would if we believe there was still a small number of people holding large amounts?

[AlexGR]

Actually the fact that this was discussed openly and people voted/accepted the situation as is, is a good step forward. These pages can be a future reference that people know and accept the situation / do not want to change something fundamental regarding coin distribution.

After all, the market had already taken care off the abundance of coins by having them at 0.00001 on hitting the exchanges. This allowed the coin to spread.

I have made a separate page on the wiki.darkcoin.eu about Price history, that, if updated correctly, can serve as a chronicle so to speak for people entering later: http://wiki.darkcoin.eu/wiki/Price_history

[janos666]

Well, it is both fortunate and unfortunate, that I have somewhat similar firsthand experiences.
1: I mined more than 10M MINT during the first week and I kept it all in a single dormant address until the price exploded. But, oh boy, I did sell that all with a single click (a real instant sell) when it did! And the pumped up price did collapse after many people like me did the same thing...
2: Another first hand experience was CAT. I mined something like 1000-2000 CAT in the first few hours. And I didn't sell at 0.0012 (partly because I didn't want to risk if transactions get stuck for days or even get destroyed by a rushed hard-fork during the tx confirmation stage -> but it would have been very possible to sell them at once regardless!). But the price did collapse. And guess what, I just sold all of them at a shitty looking 0.00025 price after two months and I don't even regret that decision at all. Those CATs were almost free for me and take a look at the price now, it's ~0.0001, so it wasn't even a bad decision to "panic-sell" all CAT. It is very possible that people wait and speculate on cheaply acquired coins but they do a panic-sell at a relatively low price even a few months later.

But, of course, it was always obvious for me that MINT is a very big P&D and I closely observed the community of CAT before I decided to sell (-> I didn't like what's going on, thus I sold out...).
However, I really like the concept of DarkCoin and the developer isn't dumb. (I wouldn't even want to discuss this otherwise.)

[AlexGR]

Well, it is both fortunate and unfortunate, that I have somewhat similar firsthand experiences.
1: I mined more than 10M MINT during the first week and I kept it all in a single dormant address until the price exploded. But, oh boy, I did sell that all with a single click (a real instant sell) when it did! And the pumped up price did collapse after many people like me did the same thing...
2: Another first hand experience was CAT. I mined something like 1000-2000 CAT in the first few hours. And I didn't sell at 0.0012 (partly because I didn't want to risk if transactions get stuck for days or even get destroyed by a rushed hard-fork during the tx confirmation stage -> but it would have been very possible to sell them at once regardless!). But the price did collapse. And guess what, I just sold all of them at a shitty looking 0.00025 price after two months and I don't even regret that decision at all. Those CATs were almost free for me and take a look at the price now, it's ~0.0001, so it wasn't even a bad decision to "panic-sell" all CAT. So, it is very possible that people wait and speculate on cheaply acquired coins but they do a panic-sell at a relatively low price a few months later.

Thing is, people have been dumping cheaply acquired DRK for a period between the ccex incident and late March - we are talking thousands per day, so a large part of that supply has changed hands. Early miners have sold tons but that was in the prior stage.

[coins101]

Anyone want to dump some coins?

I'm buying.