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

[tifozi]

Take them all. Im at 0

No!  Really?  Well, no sleep for you then, you must watch and buy back as soon as you can, I'm sure there will be a "correction" down, perhaps, to .01 or even .008, but you must be ready for it!    

Good luck!  I'd rather not get the ulcers again, LOL, I lost 80 dark, today that would be 560 bucks!  All gone!  Never to be seen again, and with coins I paid for, not mined.  For me, that's a small fortune, LOL, I'm sure you all are laughing, but it is.... actually, I think I'm gonna be sick, LOL...

Don't feel so bad. I had 150 Darkcoins, reformatted my computer forgetting to backup my wallet. After seeing the price at $6, sucks!

So.. Coin suply = 4.288.958 - 150 = 4.288.808 DRK.
  
Lol

Anyone else loose definitivly some coins? We will begin to count the EXACT coin supply.  

2000. Corrupted VM. Been trying for a week.....looks like they will rest in peace

Got a buddy with an expensive PCIe SSD. 10k DRK lost.

Can be recovered with the right tools if he is in possession of the SSD. I can do it for some fee, it just plains hurts to see this being stated the way it is. PM me if you want.

[jakecrow]

I failed myself


Suicide watch. srs



not srs



srs?

Don't feel bad buddy. Here I'll help you feel better...

I sold nearly 2k DRK at .00125 because the price didn't move for a month. I thought I'd play other coins and buy back in. So I bought Blackcoin @ 88k (LOL WINNING) and lost a good chunk of the bitcoin I had. DRK started climbing quickly after, and I didn't buy it until around .0052. This was literally an hour before it crashed back to .003 or so. I was so frustrated I just sold what I had and pretty much wanted to quit trading forever. Anyways I didn't do any trading for a couple weeks and now I've bought back into darkcoin at about 10x the price I originally sold for. If anyone wants trading advice PM me  .

[harelipgraph]

Take them all. Im at 0

No!  Really?  Well, no sleep for you then, you must watch and buy back as soon as you can, I'm sure there will be a "correction" down, perhaps, to .01 or even .008, but you must be ready for it!    

Good luck!  I'd rather not get the ulcers again, LOL, I lost 80 dark, today that would be 560 bucks!  All gone!  Never to be seen again, and with coins I paid for, not mined.  For me, that's a small fortune, LOL, I'm sure you all are laughing, but it is.... actually, I think I'm gonna be sick, LOL...

Don't feel so bad. I had 150 Darkcoins, reformatted my computer forgetting to backup my wallet. After seeing the price at $6, sucks!

So.. Coin suply = 4.288.958 - 150 = 4.288.808 DRK.
  
Lol

Anyone else loose definitivly some coins? We will begin to count the EXACT coin supply.  

2000. Corrupted VM. Been trying for a week.....looks like they will rest in peace

Got a buddy with an expensive PCIe SSD. 10k DRK lost.

Goddamn! Beats me! Send my regards. That really blows. I feel bad for him.

I hope it is ok

[theskillzdatklls]

What happens to masternodes when mining rewards run out or get very low over time?

Is 10% block reward a permanent # or can it increase or is there a PoS system eventually built in?

[AlexGR]

What happens to masternodes when mining rewards run out or get very low over time?

Coin price goes up and compensates.

Payments will not run out for many decades.

[mannie]

Can anyone help me understand what a masternode does within DarkSend? As in, how does it operate within the pools? I'm writing a media release about RC2 but I lack the technical understand of masternodes. Just one or two sentences would be great!  

Plenty of information on the Darkcoin wiki FAQ by AlexGR everyone should read it. http://wiki.darkcoin.eu/wiki/Main_Page

EDIT: FAQ http://wiki.darkcoin.eu/wiki/FAQ

THX

[etelu-deis]

6 dollars

[baddw]

Been watching this coin for a while.  Bought a small amount at .0014, just to use up some BTC dust at Cryptsy.  Now I'm wishing I had put some real funds into it, LOL.  Very glad to see the rise, just bought some more.  Sold all my DOGE, MINT, etc. crapcoins to do so.  This is seriously the only PoW altcoin worth holding.

[stealth923]

Looks like we all get a breather while the price has stabilized at the 0.013 mark.

This is my prediction - although I usually suck at this Feel free to make your bets!

Next rise I predict stability at 0.021-0.025 - align with hash rate and where I think the value should be.

Once masternode payments & DGW3 begin - expect 0.04 - 0.09 (Big exchanges wake up and see the lost revenue and add DRK)

Ring Signatures & Community Verification - expect 0.15 - 0.2 (If all goes well, LTC dies at the hands of DRK)

Open source and Community adoption - 0.3+

[CryptoPleb]

When will masternodes be brought down to 500drk each? 

[chaeplin]

Looks like we all get a breather while the price has stabilized at the 0.013 mark.

This is my prediction - although I usually suck at this Feel free to make your bets!

Next rise I predict stability at 0.021-0.025 - align with hash rate and where I think the value should be.

Once masternode payments & DGW3 begin - expect 0.04 - 0.09 (Big exchanges wake up and see the lost revenue and add DRK)

Ring Signatures & Community Verification - expect 0.15 - 0.2 (If all goes well, LTC dies at the hands of DRK)

Open source and Community adoption - 0.3+

V1 open source first, then V2 Ring Signatures.

https://bitcointalk.org/index.php?topic=421615.msg6686819#msg6686819

[anonymousxx1503]

Don't feel bad buddy. Here I'll help you feel better...

I sold nearly 2k DRK at .00125 because the price didn't move for a month. I thought I'd play other coins and buy back in. So I bought Blackcoin @ 88k (LOL WINNING) and lost a good chunk of the bitcoin I had. DRK started climbing quickly after, and I didn't buy it until around .0052. This was literally an hour before it crashed back to .003 or so. I was so frustrated I just sold what I had and pretty much wanted to quit trading forever. Anyways I didn't do any trading for a couple weeks and now I've bought back into darkcoin at about 10x the price I originally sold for. If anyone wants trading advice PM me  .

Oh .. this is so, so bad, it hurts my soul. I'm very sorry. I've had the opposite experience entirely on my side. Started buying/mining dark when it was around 0.0001988 (February 6th), kept on buying for a month and mined on 100 Amazon 8core EC2 instances. Then basically just kept trading other coins with some BTC and reinvested all profit into Darkcoin all the time at 0.0012-0.0015 for two months. At the first big rise I sold a huge chunk to a massive sell wall from at 0.00427 then rebought from 0.0033 to 0.0039, then sold again to a wall at 0.0053, then rebought at 0.0043 , and kept on doing this now until 0.017 earlier and made 7 BTC today on trades. Now rebuying slowly again but I've increased my Darkcoin position massively and made tons of BTC in the process.

I've never been this lucky/good at anything as far as trades go but after having read every single goddamn post in this thread and being active on twitter and reading the darkcointalk forum all the time, it felt like I had a sixth sense for Darkcoin. Now I'm lost though, I have 0 idea where it's going after 0.013-0.012 , is it sideways for a while? is a huge pump coming tomorrow? is it going to drop slowly (unlikely I think).

We'll find out!

[nzminer]

When will masternodes be brought down to 500drk each? 

Yeah i think this is necessary, even 100 DRK would be good.
The problem is that too many of the coins are being bought for masternodes, and in turn is making the coin extremely scarce, driving up its price.
I wouldnt be surprised if there will be 1000 masternodes running before long, thats 1 million DRK!

[AlexGR]

I think the sustainable limit for any coin, including DRK, BTC, LTC etc, is the money required daily to buy the production and keep the price steady.

Bitcoin requires ~1.62mn USD per day (3600 coins X 450$)
Litecoin requires ~288k USD per day (28.800 coins X 10$)
DOGE requires ~81.3k USD per day (180.000.000 coins X 0.000452$)
DRK requires ~24-30k USD per day (4000-5000 coins X 6$)

If DRK goes to 10$ (0.023 like LTC) and block rewards falls to 5 due to the new nvidia miner which can bring tons of hashpower, it'll be 10$ x 2880 coins per day =28.8k USD per day - which is still 1/10th of LTC.

From a financial standpoint, we are seeing something new for PoW coins: The rise of Dark is kept relatively stable in terms of daily money requirements because coin supply diminishes to compensate for the increased price and difficulty. At the same time future quantity / max limit is also taken down the sooner we hit min block reward (from 22mn max coins to something like 16-17mn).

[nzminer]

I think the sustainable limit for any coin, including DRK, BTC, LTC etc, is the money required daily to buy the production and keep the price steady.

Bitcoin requires ~1.62mn USD per day (3600 coins X 450$)
Litecoin requires ~288k USD per day (28.800 coins X 10$)
DOGE requires ~81.3k USD per day (180.000.000 coins X 0.000452$)
DRK requires ~24-30k USD per day (4000-5000 coins X 6$)

If DRK goes to 10$ (0.023 like LTC) and block rewards falls to 5 due to the new nvidia miner which can bring tons of hashpower, it'll be 10$ x 2880 coins per day =28.8k USD per day - which is still 1/10th of LTC.

From a financial standpoint, we are seeing something new for PoW coins: The rise of Dark is kept relatively stable in terms of daily money requirements because coin supply diminishes to compensate for the increased price and difficulty. At the same time future quantity / max limit is also taken down the sooner we hit min block reward (from 22mn max coins to something like 16-17mn).

Are you saying that Nvidia cards can mine DRK faster than ATI?
That would be interesting.

[AlexGR]

I think the sustainable limit for any coin, including DRK, BTC, LTC etc, is the money required daily to buy the production and keep the price steady.

Bitcoin requires ~1.62mn USD per day (3600 coins X 450$)
Litecoin requires ~288k USD per day (28.800 coins X 10$)
DOGE requires ~81.3k USD per day (180.000.000 coins X 0.000452$)
DRK requires ~24-30k USD per day (4000-5000 coins X 6$)

If DRK goes to 10$ (0.023 like LTC) and block rewards falls to 5 due to the new nvidia miner which can bring tons of hashpower, it'll be 10$ x 2880 coins per day =28.8k USD per day - which is still 1/10th of LTC.

From a financial standpoint, we are seeing something new for PoW coins: The rise of Dark is kept relatively stable in terms of daily money requirements because coin supply diminishes to compensate for the increased price and difficulty. At the same time future quantity / max limit is also taken down the sooner we hit min block reward (from 22mn max coins to something like 16-17mn).

Are you saying that Nvidia cards can mine DRK faster than ATI?
That would be interesting.

Yeah it's a new development: http://cryptomining-blog.com/2422-updated-ccminer-1-0-beta-with-improved-performance-for-x11-mining/

Up to a few days ago the 780Ti was up to the same level as a 290x and the 750 Ti was at ~1.5 Mhash. They've made significant gains. If the 780 Ti can now pull 4.7 with no overclock, 5 MHs should be easy with oc.

[jakecrow]

I think the sustainable limit for any coin, including DRK, BTC, LTC etc, is the money required daily to buy the production and keep the price steady.

Bitcoin requires ~1.62mn USD per day (3600 coins X 450$)
Litecoin requires ~288k USD per day (28.800 coins X 10$)
DOGE requires ~81.3k USD per day (180.000.000 coins X 0.000452$)
DRK requires ~24-30k USD per day (4000-5000 coins X 6$)

If DRK goes to 10$ (0.023 like LTC) and block rewards falls to 5 due to the new nvidia miner which can bring tons of hashpower, it'll be 10$ x 2880 coins per day =28.8k USD per day - which is still 1/10th of LTC.

From a financial standpoint, we are seeing something new for PoW coins: The rise of Dark is kept relatively stable in terms of daily money requirements because coin supply diminishes to compensate for the increased price and difficulty. At the same time future quantity / max limit is also taken down the sooner we hit min block reward (from 22mn max coins to something like 16-17mn).

Are you saying that Nvidia cards can mine DRK faster than ATI?
That would be interesting.

Yeah it's a new development: http://cryptomining-blog.com/2422-updated-ccminer-1-0-beta-with-improved-performance-for-x11-mining/

Up to a few days ago the 780Ti was up to the same level as a 290x and the 750 Ti was at ~1.5 Mhash. They've made significant gains. If the 780 Ti can now pull 4.7 with no overclock, 5 MHs should be easy with oc.

Man those 780Tis are crazy expensive. I guess if you've already got the hardware it's great but I don't think I could justify the cost if I were looking to buy more mining equipment.

[AlexGR]

I think the sustainable limit for any coin, including DRK, BTC, LTC etc, is the money required daily to buy the production and keep the price steady.

Bitcoin requires ~1.62mn USD per day (3600 coins X 450$)
Litecoin requires ~288k USD per day (28.800 coins X 10$)
DOGE requires ~81.3k USD per day (180.000.000 coins X 0.000452$)
DRK requires ~24-30k USD per day (4000-5000 coins X 6$)

If DRK goes to 10$ (0.023 like LTC) and block rewards falls to 5 due to the new nvidia miner which can bring tons of hashpower, it'll be 10$ x 2880 coins per day =28.8k USD per day - which is still 1/10th of LTC.

From a financial standpoint, we are seeing something new for PoW coins: The rise of Dark is kept relatively stable in terms of daily money requirements because coin supply diminishes to compensate for the increased price and difficulty. At the same time future quantity / max limit is also taken down the sooner we hit min block reward (from 22mn max coins to something like 16-17mn).

Are you saying that Nvidia cards can mine DRK faster than ATI?
That would be interesting.

Yeah it's a new development: http://cryptomining-blog.com/2422-updated-ccminer-1-0-beta-with-improved-performance-for-x11-mining/

Up to a few days ago the 780Ti was up to the same level as a 290x and the 750 Ti was at ~1.5 Mhash. They've made significant gains. If the 780 Ti can now pull 4.7 with no overclock, 5 MHs should be easy with oc.

Man those 780Tis are crazy expensive. I guess if you've already got the hardware it's great but I don't think I could justify the cost if I were looking to buy more mining equipment.

One can go with multi-750 Ti setup. Much cheaper and close to AMD 290 levels of mining right now, with very little power use.

[jakecrow]

I think the sustainable limit for any coin, including DRK, BTC, LTC etc, is the money required daily to buy the production and keep the price steady.

Bitcoin requires ~1.62mn USD per day (3600 coins X 450$)
Litecoin requires ~288k USD per day (28.800 coins X 10$)
DOGE requires ~81.3k USD per day (180.000.000 coins X 0.000452$)
DRK requires ~24-30k USD per day (4000-5000 coins X 6$)

If DRK goes to 10$ (0.023 like LTC) and block rewards falls to 5 due to the new nvidia miner which can bring tons of hashpower, it'll be 10$ x 2880 coins per day =28.8k USD per day - which is still 1/10th of LTC.

From a financial standpoint, we are seeing something new for PoW coins: The rise of Dark is kept relatively stable in terms of daily money requirements because coin supply diminishes to compensate for the increased price and difficulty. At the same time future quantity / max limit is also taken down the sooner we hit min block reward (from 22mn max coins to something like 16-17mn).

Are you saying that Nvidia cards can mine DRK faster than ATI?
That would be interesting.

Yeah it's a new development: http://cryptomining-blog.com/2422-updated-ccminer-1-0-beta-with-improved-performance-for-x11-mining/

Up to a few days ago the 780Ti was up to the same level as a 290x and the 750 Ti was at ~1.5 Mhash. They've made significant gains. If the 780 Ti can now pull 4.7 with no overclock, 5 MHs should be easy with oc.

Man those 780Tis are crazy expensive. I guess if you've already got the hardware it's great but I don't think I could justify the cost if I were looking to buy more mining equipment.

One can go with multi-750 Ti setup. Much cheaper and close to AMD 290 levels of mining right now, with very little power use.

Yeah for sure those are probably the way to go. Thought about getting some recently, probably will if I can find some on sale.

[mannie]

Looks like we all get a breather while the price has stabilized at the 0.013 mark.

This is my prediction - although I usually suck at this Feel free to make your bets!

Next rise I predict stability at 0.021-0.025 - align with hash rate and where I think the value should be.

Once masternode payments & DGW3 begin - expect 0.04 - 0.09 (Big exchanges wake up and see the lost revenue and add DRK)

Ring Signatures & Community Verification - expect 0.15 - 0.2 (If all goes well, LTC dies at the hands of DRK)

Open source and Community adoption - 0.3+

I think 0.3 is a reasonable prediction for a unique anonymous digital currency. Darkcoin builds real utility on Bitcoin so creeping up on Bitcoin's price is inevitable.