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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722504 times)
Ed4252
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May 12, 2014, 03:57:02 PM
 #19801

Is silkcoin a threat to Darkcoin?
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salmion
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May 12, 2014, 03:58:04 PM
 #19802


What the heck has happened?

Delay in masternode payment implementation. Nothing bad at all. Just further testing etc. All good.

Crypto lemming market.
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May 12, 2014, 03:58:14 PM
 #19803

The price NOW is NOT IMPORTANT, for the most people here Smiley
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May 12, 2014, 04:00:41 PM
 #19804

I haven`t read every post of "ymer", but I like to read bearish opinions as well. You, ymer, could just add a little bit of deeper information to your thoughts. When you said 0,006 did not make sense, you did not know about the delay. So now 0,0047 makes no sense either. Fine, but why?
I`m curious to hear solid fundamental arguments.
(If other people are 100% sure he is just trolling, forgive me feeding him)

Just look at the charts...

This coin is being overly hyped lately and constantly being pumped about 2x in a few hours and then dumped to 1.5x (example pumping from 0.17 to 0.33 then dumped to 0.27) this is creating a lot of interest in the coin and making people think that even if they buy at X price after a dump the price will at least eventually go back to the latest high.

Now it was pumped from 0.3 to 0.6 and IMO it will settle at around 0.40-0.47 for a few hours/days. What happens next is anyones guess but I will stay away from DRK until the rollercoaster is over.
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May 12, 2014, 04:03:10 PM
 #19805

bad things happen.

things get delayed.

morale is down.

panic sell.

some people spreading FUD.

price crashing real fast.

this is all I understand.

what I dont understand is WHY OH WHY SO MANY PEOPLE MINING WHEN ITS NOT PROFITABLE TO MINE AT ALL??

do they know something that I dont?

I mean if you want darkcoin just mine pawncoin, curecoin, flappy, bitcoin-scrypt, vertcoin, charitycoin, myriad etc.

basically ANY coin is more profitable than dark.

you can buy dark by trading your coins.
luigi1111
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May 12, 2014, 04:04:05 PM
 #19806

I haven`t read every post of "ymer", but I like to read bearish opinions as well. You, ymer, could just add a little bit of deeper information to your thoughts. When you said 0,006 did not make sense, you did not know about the delay. So now 0,0047 makes no sense either. Fine, but why?
I`m curious to hear solid fundamental arguments.
(If other people are 100% sure he is just trolling, forgive me feeding him)

Just look at the charts...

This coin is being overly hyped lately and constantly being pumped about 2x in a few hours and then dumped to 1.5x (example pumping from 0.17 to 0.33 then dumped to 0.27) this is creating a lot of interest in the coin and making people think that even if they buy at X price after a dump the price will at least eventually go back to the latest high.

Now it was pumped from 0.3 to 0.6 and IMO it will settle at around 0.40-0.47 for a few hours/days. What happens next is anyones guess but I will stay away from DRK until the rollercoaster is over.

Certainly hope you are right. I want to pick up a few more. Charts are pretty meaningless though.
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May 12, 2014, 04:04:35 PM
 #19807

All I know is I used this opportunity to snag another 40 btc worth of DRK from 58 down to 50.
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May 12, 2014, 04:06:14 PM
 #19808

what I dont understand is WHY OH WHY SO MANY PEOPLE MINING WHEN ITS NOT PROFITABLE TO MINE AT ALL??

I've been wondering this myself for a few days, probably because they think that the power savings will even out the profits but even taking that into account mining DRK is not profitable, they haven't done the math.

Other possibility is that some entities have FPGAs mining at ridiculous speeds.

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May 12, 2014, 04:07:02 PM
 #19809

I haven`t read every post of "ymer", but I like to read bearish opinions as well. You, ymer, could just add a little bit of deeper information to your thoughts. When you said 0,006 did not make sense, you did not know about the delay. So now 0,0047 makes no sense either. Fine, but why?
I`m curious to hear solid fundamental arguments.
(If other people are 100% sure he is just trolling, forgive me feeding him)

Just look at the charts...

This coin is being overly hyped lately and constantly being pumped about 2x in a few hours and then dumped to 1.5x (example pumping from 0.17 to 0.33 then dumped to 0.27) this is creating a lot of interest in the coin and making people think that even if they buy at X price after a dump the price will at least eventually go back to the latest high.

Now it was pumped from 0.3 to 0.6 and IMO it will settle at around 0.40-0.47 for a few hours/days. What happens next is anyones guess but I will stay away from DRK until the rollercoaster is over.

Certainly hope you are right. I want to pick up a few more. Charts are pretty meaningless though.

Yea charts are pretty meaningless for the future, but the pattern is there.
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May 12, 2014, 04:07:34 PM
 #19810


Ring signatures are going to be implemented in V2. I will begin development immediately after I opensource V1.

How do we compete against clones? Can they clone me? I work on this full time. In fact, I've only been at it four months. So far I've implemented DarkSend + X11 + DGW + Masternode payments. Plus, I've agreed to work on this project till at least Jan 2016 full time. So who on earth would invest in a clone?

AWESOME!

I don't know why anyone worries about this short time panic sell after reading that, cheap DRK fest, lol!
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May 12, 2014, 04:14:51 PM
 #19811

I haven`t read every post of "ymer", but I like to read bearish opinions as well. You, ymer, could just add a little bit of deeper information to your thoughts. When you said 0,006 did not make sense, you did not know about the delay. So now 0,0047 makes no sense either. Fine, but why?
I`m curious to hear solid fundamental arguments.
(If other people are 100% sure he is just trolling, forgive me feeding him)

Just look at the charts...

This coin is being overly hyped lately and constantly being pumped about 2x in a few hours and then dumped to 1.5x (example pumping from 0.17 to 0.33 then dumped to 0.27) this is creating a lot of interest in the coin and making people think that even if they buy at X price after a dump the price will at least eventually go back to the latest high.

Now it was pumped from 0.3 to 0.6 and IMO it will settle at around 0.40-0.47 for a few hours/days. What happens next is anyones guess but I will stay away from DRK until the rollercoaster is over.

Certainly hope you are right. I want to pick up a few more. Charts are pretty meaningless though.

Yea charts are pretty meaningless for the future, but the pattern is there.

Sure, it'll work until it doesn't.
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May 12, 2014, 04:15:50 PM
 #19812

They called me troll for saying price didn't make sense @ 0.006.

They called me troll for saying that I would buy after it made sense. Right now it's @ 0.0047 and I still think it's high.

Watch out who you listen to in these boards guys.

I like Vert....and as you seem to be a supporter too...why didn't you point out that Vert would go from $2 to $0.95, at the same time that Darkcoin would do the opposite? I could have done with your visionary wisdom a few months ago.

Now I'm down on Vert and up on DRK, when I could have been up on Vert and super up on DRK.

You just seem to be playing pin-the-tail-on-the-donkey.
Kienbui
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May 12, 2014, 04:16:50 PM
 #19813

and ac2 is added to the ever growing ignore list. Don't feed the troll

That is not trolling. How come none of you are concerned about this??

12% of all the darkcoins that ever will be was instamined by Evan a couple of his friends on day 1.

What kind of dev launches a coin without a windows wallet?

Seriously people, learn the truth! You can't just put your head in the ground and pretend this didn't happen.

How many coins are your mining rigs producing for you? 1 maybe 2 per day...

Well, your wonderful dev and less than 10 of his friends instamined 500 coins per second on day 1.

Think about that for a minute, that is a FACT, not trolling. 500 coins per second!

How do you feel about that?

I am very confident to buy more darkcoin because Evan keeping big amount.
thelonecrouton
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May 12, 2014, 04:18:31 PM
 #19814

what I dont understand is WHY OH WHY SO MANY PEOPLE MINING WHEN ITS NOT PROFITABLE TO MINE AT ALL??

I refuse to mine, and therefore support, shitcoins.

Might make me a fool in the eyes of some, but luckily I'm in a position not to give a damn.   Grin
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May 12, 2014, 04:19:06 PM
 #19815

I haven`t read every post of "ymer", but I like to read bearish opinions as well. You, ymer, could just add a little bit of deeper information to your thoughts. When you said 0,006 did not make sense, you did not know about the delay. So now 0,0047 makes no sense either. Fine, but why?
I`m curious to hear solid fundamental arguments.
(If other people are 100% sure he is just trolling, forgive me feeding him)

Troll or not, you can safely ignore anyone stating that a given price "doesn't make sense". It's a meaningless statement. Any price makes sense inasmuch as it's a deterministic product of market dynamics. We could say that the current price is higher or lower than our estimate of what the hive-mind thinks the coin is worth right now, meaning we could expect a correction. But that's about as strong a statement as we can make.

If the market dynamics were such that Darkcoin was trading around 0.01 for the past month, that price would make exactly as much sense as the actual current price as we see it. It's worth precisely what it's traded at.

People like to have nice neat reasons for changes in price, so they over-interpret the data and draw spurious causative links. Most short-term movements are just day traders playing the game. You can assign whatever story you like to explain those movements, and confirmation bias will make you think the story is true. You'll do better as a trader if you stop asking, "why is the price going up/down", and recognising that the market is largely chaotic.

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eduffield (OP)
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May 12, 2014, 04:19:36 PM
 #19816

The masternode payment fork has been postponed until May 25th due to
some issues on testnet over the last couple of weeks. A few issues
have cropped up and we want the code to be more thoroughly vetted
before turning it on for mainnet. This is expected to take less than a
week, but to ensure we have enough time we've chosen May 25th.

https://darkcointalk.org/threads/postponing-masternode-payments-till-may-25th.578/#post-3427


Does this mean that the blockchain will be completely fogged using the masternodes still starting Wednesday?  Or only on the 25th?  Thanks Evan.

It's actually pretty foggy now. RC3 is the next big improvement to anonymity

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
coins101
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May 12, 2014, 04:20:47 PM
 #19817


Ring signatures are going to be implemented in V2. I will begin development immediately after I opensource V1.

How do we compete against clones? Can they clone me? I work on this full time. In fact, I've only been at it four months. So far I've implemented DarkSend + X11 + DGW + Masternode payments. Plus, I've agreed to work on this project till at least Jan 2016 full time. So who on earth would invest in a clone?

So now I have three major developments:

Master Nodes.

I2P.

Ring signatures.

https://bitcointalk.org/index.php?topic=579976.0

Did I miss anything that should be included?
hughjays77
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May 12, 2014, 04:21:43 PM
 #19818

Simple reason maybe the coin is worth 10x more. Think deeply about that sentence  Grin







bad things happen.

things get delayed.

morale is down.

panic sell.

some people spreading FUD.

price crashing real fast.

this is all I understand.

what I dont understand is WHY OH WHY SO MANY PEOPLE MINING WHEN ITS NOT PROFITABLE TO MINE AT ALL??

do they know something that I dont?

I mean if you want darkcoin just mine pawncoin, curecoin, flappy, bitcoin-scrypt, vertcoin, charitycoin, myriad etc.

basically ANY coin is more profitable than dark.

you can buy dark by trading your coins.
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May 12, 2014, 04:25:19 PM
 #19819

bad things happen.

things get delayed.

It's funny how people have different perspectives on this.

I'm a software developer.

When I heard he was delaying the launch I thought GOOD ONE !

It was too good to be true that a beta test go off like clockwork with no problems and issues to be gone back to think about and recode. It was sounding to start a bit unreal.

But now that this delay has been announced I feel comfortable again that there's something real going on here. Ironically that's put me back in the market for more coin. Stuck an order in at 48 and got it filled at the bottom end of the dump.

In addition to that, from a technical perspective (as opposed to f*cking price which is meaningless at this stage in a project like this) you've got:

[1] - the developer being transparent and having the bottle to come on here un-anonymously and participate in often adversarial exchanges

[2] - the fact that they are full-time employed by this project

[3] - the fact that he's announced (albeit informally) that ring signatures are on the roadmap

This coin's got it all for me, at least as far as any crypto project could have at this stage in the game. I don't see what else they could be doing.

Haha, I was about to post this, almost word for word. eduffield taking the time to get it right, plus news of I2P and ring sigs should, in a rational market, have sent the price UP. As it is, just a few of the stupider monkeys getting shaken out of the tree, so it's all good.
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May 12, 2014, 04:32:33 PM
 #19820

www.darkcoin.io

Down ?

DΛSH is digital cash. Transactions are obscured in the blockchain, making them private from the wallet. You can send Dash to family or friends, or pay for goods or services, anywhere in the world. DΛSH Anonymous and Untraceable. The Perfect Digital Cash And The Best Way To Protect Your Privacy https://www.dashpay.io DΛSH is 59.5 times faster with syncing and updating  than Monero.
My DΛSH Address: XgF6sNzGHU58dn36WsC16no9FHct6nPeZD
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