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

[nandk70]

coin of the week

[luke997]

coin of the year

Fixed for you

[blajde]

Minotaur26

Enjoying that bowl of crystal balls?

[AlexGR]

Small corrections from time to time but very shallow, bulls are on the run. Risky to trade now, need balls of steel.

Balls of steel indeed. I sold a few at 0.0049, hoping to rebuy at 0.0047 and then came the pump to 0.0054. Had to panic buy myself in at 0.005+.

[IloveAnonCoin]

I wish to see 1 drk = 10 usd soon, and I will dump all.

I offer 5$ / coin for your stash right now... I enjoying paying for your stupidity

Please setup escrow service.

I think you are stupid than me, 5$/coin haha

[GhostPlayer]

 1 week ago, 1 masternode would cost 1,127 BTC
 Today it costs 5,3

 LTC is out by my summer. Anyone know of historical market cap charts? I'd love to make a poster out of it.

[HiddenDark]

Very little sell resistance all the way up to 0.01 and even 0.02.

Ambitious. 0.01 would put DRK about equal with Namecoin, in terms of market cap.

[Prolifik]

I wish I would have at least tried the X11 algo when I heard of it. Fuck, missed yet another opportunity to get allot of cash.

I'll catch my break sooner or later -_-

[Minotaur26]

Why has the DRK price increased so much in the last couple of days?

Here is an analysis from BlockChains to the reasons why the price increased. Great read.

Why did the price start to rise now and not 1 week or 2 ago???

Did I miss any significant change or news?

The main change that has occurred is that DRK coin was in its own bearish trend for the last several months. I believe it initiated when the theft occurred at C-Cex and many, many DRK kept being dumped on Poloniex.  So while the rest of the alt currency space saw its own down trend that had a spectacular reversal (particularly with BC leading the charge) DRK was still in its own Bear trend.  With the recent run up with the release of RC 1 there was a test of that bearish sentiment and a reversal appeared to occur.   Now that the market has formed a very bullish pattern of cup and handle on the daily charts the order book is getting very thin at these prices and multiple whales who had been waiting on the sideline for confirmation have obviously been moving in to get a piece of DRK.

 The difference between a bear trend and a bull trend is that in a bear trend the market "bear"ly (sorry) reacts to any positive news, but has an over-exaggerated response to negative news.  In a bull market that is reversed. While there were plenty of updates and developments in the DRK space during the last two months they hardly made any impact on the price before encountering waves of selling pressure. Now every bit of positive news should make the price rise significantly.  DRK being one of the few coins with TRULY innovative functionality will make it a serious contender in the altcoin space in the next 6 months to year.

I think now that the DRK market has been released from the stranglehold of the bear trend it will start to reflect some of the recent developments:  
One, Dark send is functional;
Two, The maximum coin limit has been set at ~22 Million which was lower than the ~80 million it was for a time;
Three, X11 is its own very innovative mining algorithm;
Four, Dark Gravity Wave is its own unique difficulty adjustment functionality;
Five; the master node functionality is its own innovation which gives whales incentive to load up on 1000 blocks of DRK because now they act somewhat analogously to miners/PoS.  

All that, and we have a known upcoming news event that is virtually guaranteed to raise the price, which is the release of Open Source. Actually according to Evan's timeline, 3 upcoming news events:
 One, RC 2 which gives master node income generating functionality;  
Two, a "trusted third party" vets the code;
Three, the release of the code as fully open source.

 The coin has one of the most innovative Devs in the alt space.  He is one of the only Alt devs I see playing in the same league of intellect as Satoshi Nakamoto.  To get an idea of where DRK is goin one only need to look at the other recent hot investments in the Cryptospace.  Look at Safecoin. They were able to raise $8 million in a day with just hype. They are suspiciously similar to namecoin in concept. $8 million dollars is over twice DRK's current market cap.  If $8 Million flowed into an existing coin and not an IPO then the market cap would actually be an order of magnitude higher than $8 million because most holders actually wouldn't part with their coins at existing prices. Then look at Black Coin. The only innovation Black Coin had was how they set up multi pool which was really still a rip off of the Bitcoin Multi Pool concept, otherwise the coin's concept itself was a rip off of Mintcoin and PeerCoins PoS. I'll give it that it was a unique application of multipool functionality, instead of pointing the multipool at BTC they pointed it at an alt.  Clever, but only a fraction of the cleverness we've seen in the DRK space. And that has gotten BC up to spot 9 on coinmarketcap as of today with $11 Million, AFTER a huge pullback in BC price (4 days ago it was $20 million, ~5x DRK's current market cap).  If DRK gos up to meet or exceed BC in market cap that would put it at at virtually triple today's price.     I think the fundamentals clearly suggest that its a matter of WHEN not IF that happens (at minimum).  Barring any Black Swan events the future is looking rosy for the price indeed and its starting to look very cheap even at the current price.

[Kai Proctor]

coin of the decade

Fixed for you

Fixed for you two 

[VladMaster]

What is the reason this coin going up now?

Is that just whales pump or somwthing else?

[GhostPlayer]

 OHhh... how sweet...

another failed dump is happening right now!

 The reason is simple. THIS IS NOT your regular alt coin. Its the FIRST altcoin that bring something new to the table, since BTC. Now, go read about it, understand it, and decide if it worth your investment.

 www.darkcoin.io

[TTM]

What is the reason this coin going up now?

Is that just whales pump or somwthing else?

probably whale started this pump, but i think the rise from yesterday was quite natural because of the hype, people are pumping btc like crazy. Don't know how long this pump will last.

[ntrn500]

What is the reason this coin going up now?

Is that just whales pump or somwthing else?

probably whale started this pump, but i think the rise from yesterday was quite natural because of the hype, people are pumping btc like crazy. Don't know how long this pump will last.

This is the new BTC.

[Minotaur26]

OHhh... how sweet...

another failed dump is happening right now!

 The reason is simple. THIS IS NOT your regular alt coin. Its the FIRST altcoin that bring something new to the table, since BTC. Now, go read about it, understand it, and decide if it worth your investment.

 www.darkcoin.io

Ill add something to this, with the new BTC regulations in China, Darkcoin is exactly what they need, and they will figure it out soon. If the price went to 50USD tomorrow I wouldnt sell any of my coins for BTC, I prefer keeping my DRK over BTC and I know a lot of other holders wouldnt either. I might sell a little next year when we are at 300 USD and directly trading for FIAT.

[HiddenDark]

Big dump. We were only $1,735 off a $10 mil market cap.

[GhostPlayer]

OHhh... how sweet...

another failed dump is happening right now!

 The reason is simple. THIS IS NOT your regular alt coin. Its the FIRST altcoin that bring something new to the table, since BTC. Now, go read about it, understand it, and decide if it worth your investment.

 www.darkcoin.io

Ill add something to this, with the new BTC regulations in China, Darkcoin is exactly what they need, and they will figure it out soon. If the price went to 50USD tomorrow I wouldnt sell any of my coins for BTC, I prefer keeping my DRK over BTC and I know a lot of other holders wouldnt either. I might sell a little next year when we are at 300 USD and directly trading for FIAT.

 See... good homework, and looking at the forest, not the trees!

[georgem]

Interesting thing this darkcoin. I bought some a week ago, and am very happy I did.  

Thinking about setting up a masternode... but then again... I would NEVER DREAM OF putting a wallet on a server.

That just invites hackers to steal my DRK.

How do you guys guarantee the masternode holders are not just some noobs who have no idea about how to secure a server???

This is seriously dangerous...

I wonder when we'll hear about the first masternode losing all its DRK. (and possibly even some DRK of other people?)

Or am I missing something?

Other then that, I very much like DRK! And will continue to buy a few every day... :-)

[AlexGR]

What is the reason this coin going up now?

Is that just whales pump or somwthing else?

Early bagholders were buying DRK at prices which were ridiculously low (0.0000x range). After a hacking incident in February that disrupted the steady price rise (it was 0.0019-0.0023 back then), some bagholders started dumping too, locking profits of 50-100x.

The price was effectively suppressed by continuous dumping for nearly two months at 0.0012-0.0019 levels until the whale buyers came along and destroyed the selling resistance - effectively allowing the coin to soar.

In these two months the specifications for DarkSend nodes were issued, where a requirement for 1000 DRK per darksend node was set. This will allow DarkSend nodes to gain 10% of the coins from every block found, working as a PoW/PoS system that offers the anonymity service.

Last week or so, DarkSend entered Release Candidate status and the price started to move aggressively as people acquired coins for setting darksend nodes. Next RCs or in the final version, block payments to masternodes will be implemented.

[jeffminer]

MUST READ

For all new players and old peeps lacking the fundamentals and are clueless of what to make of the current situation.

DRK is the only contender and successor of BTC/LTC.

You shall not look at DRK as any other coin or think it will follow the pattern of other coins history trend. Sure there are people day trading to get profit which will give its influence and sure there are people who already made unbelievable profits and want to cash out some percentage. The truth of the matter is that the people who has been around believed in this coin for the long run and this puny rise that you call a pump is nothing we even consider cashing out on (even if it is hella' tempting).

You call this a pump when it is just a preparation of a pre-prerelease. Consider what will happen when RC2 is out and then when Darksend is live and opensourced. Hail DRK mother of x11.

We also know that the longer we hold the higher the value and as long we keep these mental price range a reality, it will surely get there. In addition, this small sell offs even benefits the future of Darkcoin.

But be wary thinking you can get in cheaper.

The Darksend feature is not "stable" yet which means the bigger money operations is not yet here. What will happen then? Do I really need to spell it out for you?

Before you count your millions, try to remember this doesn't even have an android wallet yet  

It is a matter of time though

I wouldn't expect this to keep going up, especially if people continue to ignore that bounty list I tried re-posting earlier.  If this thread just becomes another get rich quick scheme like Blackcoin this is just going to crash and burn before anything can come out of it.

it's funny that you compare it to blackcoin. why would you? because money goes in and money would expect to go out? congrats you just described everything

Black coin is one of many stake coins and is basically a p&d coin - once you dig into what it is it has no intrinsic value.  now the price performance has been wiped out it has not much left going for it and the devs abandoned their own thread because they couldn't manage it properly so confidence is lost.

DRK has unique tech and unique asset (the dev) that delivers a real world feature that a lot of people want now - privacy.