Joshuar
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May 24, 2014, 03:17:13 AM |
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"King of altcoins"? That's a hype gone too far. Give me a break. P.S. I believe the top has been reached. Believe what you want. Same things were said about Litecoin, and originally Bitcoin. The top is very far off, Darkcoin only gained real notice a little over 2 weeks ago.
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❱❱ | | ██ █║█ ║║║ ║║║ █║█ ██ | | | | | ▄██▄ ▄██████▄ ▄██████████ ▄██████████▀ ▄▄ ▄██████████▀ ▄████▄ ▄██████████▀ ████████▄ ██████████▀ ▀████████ ▀███████▀ ▄███▄ ▀████▀ ▄█▄ ▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄ ▄███████▄ ▄██████████ ▄█████████ █████████ ▄██████████▀ ▄██████████▀ ▀█████▀ ▄██████████▀ ▄██████████▀ ▀▀▀ ▄██████████▀ ▄██████████▀ ██████████▀ ▄██████████▀ ▀███████▀ █████████▀ ▀███▀ ▄██▄ ▀█████▀ ▄██████▄ ▀▀▀ █████████ ▀█████▀ ▀▀▀ | | e i d o o ██
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Joshuar
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May 24, 2014, 03:17:55 AM |
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how is TIPS still possibly so cheap, when it had anonymous transactions so much earlier than this scamcoin? DRK isn't even opensourced, how are we to know it's anonymous?
Did you even read, Darkcoin itself is open sourced. Darksend isn't atm, but will be next month..
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❱❱ | | ██ █║█ ║║║ ║║║ █║█ ██ | | | | | ▄██▄ ▄██████▄ ▄██████████ ▄██████████▀ ▄▄ ▄██████████▀ ▄████▄ ▄██████████▀ ████████▄ ██████████▀ ▀████████ ▀███████▀ ▄███▄ ▀████▀ ▄█▄ ▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄ ▄███████▄ ▄██████████ ▄█████████ █████████ ▄██████████▀ ▄██████████▀ ▀█████▀ ▄██████████▀ ▄██████████▀ ▀▀▀ ▄██████████▀ ▄██████████▀ ██████████▀ ▄██████████▀ ▀███████▀ █████████▀ ▀███▀ ▄██▄ ▀█████▀ ▄██████▄ ▀▀▀ █████████ ▀█████▀ ▀▀▀ | | e i d o o ██
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DRobert
Member
Offline
Activity: 98
Merit: 10
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May 24, 2014, 03:18:33 AM |
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Why do you guys say it is a scam coin? I detect some butthurt.
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Joshuar
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May 24, 2014, 03:19:29 AM |
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Why do you guys say it is a scam coin? I detect some butthurt.
They didn't hold We're still in the beginning.
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darkproton
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May 24, 2014, 03:24:02 AM |
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GUYS....need help with masternode. Why when I check my node here http://drk.poolhash.org/darksend.html I have a yes for is flag 1 and is in poolhash.org no for is flag 1 and is in darkcoin.ioWhat should I do ?
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DRobert
Member
Offline
Activity: 98
Merit: 10
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May 24, 2014, 03:24:20 AM |
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Why do you guys say it is a scam coin? I detect some butthurt.
They didn't hold We're still in the beginning. All aboard the hype train. Choo choo!
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 24, 2014, 03:24:28 AM |
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Regardless of what the price will do from now (down, sideways, up) some of the fundamentals of DRK to keep in mind:
1. Dark is aiming for the private/anonymous market. If just 1 out of 10 transactions are held privately/anonymously in the future, the anonymous coins will hold at least 10% of the whole cryptocurrency marketcap (so ~750mn out of 7.5bn with running prices). That leaves plenty of room for growth.
2. It provides real-world utility and stuff that people can actually use. Some of the top10 cryptos in coinmarketcap have some "fancy" concepts and features that most people do not even understand what they are / what they do / why they are useful. Privacy is something that everyone understands and has a need for in some degree.
2. Low inflation: BTC gives out 3600 BTCs per day. LTC gives out 28.800 LTC per day. DRK produces only 2880 DRK per day - and it will lower 7% next year.
3. Due to low inflation a significantly smaller amount of fiat (or fiat equivalent in BTCs) is required to keep the price stable compared to either LTC or BTC.
4. Due to low production of coins, coupled with the coins held for masternodes, the buying pressure for existing coins escalates.
5. BTC and LTC holders may hedge some of their investments with DRK, as DRK makes its ascent and scares them. Large bagholders of LTC in particular may have problems sleeping well and will either sell LTC or hedge with DRK. This creates a feedback loop that narrows the gap between LTC/DRK as money from LTC flows to DRK, allowing DRK to go to #2.
6. DRK represents a hedge of various forms. For example its security is not dependent on only 1 hash. It is also a bad-news-hedge in the sense that when news like "Bitcoin was banned in X country" hit, it can go the opposite way of Bitcoin. Kind'a like USD/EUR pairs when USD goes bad and EUR goes up and vice versa. Fiat hedging for BTC is unrealistic because it's a binary market. You either have BTC or fiat.
7. The numbers of coins in circulation is heavily in favor of DRK, in terms of scarcity: ~4 million DRKs vs ~12mn BTCs vs ~28mn LTCs.
8. Coin-numbers-adjusted, the price of DRK is 1/6th of LTC and 1/120th of BTC. This is grossly undervalued if one assumes that at least 5 or 10% of cryptocurrency transactions will be performed privately/anonymously and thus the price should move upwards to reflect this fact.
9. The possibility of "mining" with masternodes, is like buying a mining ring that is free (you don't actually pay it as you still keep your DRKs) but also not obsoleted with time or new technology. Beats GPU / ASICs investment in both CAPEX and OPEX.
10. DRK is ahead of the competition. The competition has severe weaknesses and "blocker" issues. Zerocoin is the best solution but doesn't exist - and if it does come out, there will be a huge trust issue with the initial key. Bytecoin has good anonymity as a mixer but is based on an unproven/untested blockchain technology and consequently people can't trust much money on it, compared to the 5 years of running of Bitcoin. It also scales badly and has usability issues which will hamper it for quite some time.
11. DRK has a coder that codes. Darkcoin has become something like a development platform of new features instead of a regular "shitcoin"-clone.
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ErrorId
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May 24, 2014, 03:25:37 AM |
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how is TIPS still possibly so cheap, when it had anonymous transactions so much earlier than this scamcoin? DRK isn't even opensourced, how are we to know it's anonymous?
75 FedoraCoin $ 166,503 $ 6.5e-07 254,750,238,114 TIPS $ 2,092 -4.77 % Ummm maybe the bolded number has something to do with it. Who on earth would want to buy that?
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paradigmflux
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May 24, 2014, 03:26:17 AM |
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how is TIPS still possibly so cheap, when it had anonymous transactions so much earlier than this scamcoin? DRK isn't even opensourced, how are we to know it's anonymous?
Did you even read, Darkcoin itself is open sourced. Darksend isn't atm, but will be next month.. Find me the source and post it a link to it here. Like if I wanted to build the wallet from scratch And Darkcoin is no different than TIPS, and look at the price of TIPS
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Kai Proctor
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May 24, 2014, 03:26:41 AM |
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GUYS....need help with masternode. Why when I check my node here http://drk.poolhash.org/darksend.html I have a yes for is flag 1 and is in poolhash.org no for is flag 1 and is in darkcoin.ioWhat should I do ? Did you do that ? Masternodes, please restart!
I've noticed some nodes popping in and out of the masternode lists. I'd like all of the masternodes to follow these instructions to see if the problem gets fixed
1.) stop the daemon 2.) update to 10.8.6 if you haven't 3.) add "maxconnections=200" to your configuration 4.) wait ten minutes (it MUST be ten minutes! This will allow the masternode election entry to propagate) 5.) start the daemon and turn on the masternode
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darkproton
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May 24, 2014, 03:29:30 AM |
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GUYS....need help with masternode. Why when I check my node here http://drk.poolhash.org/darksend.html I have a yes for is flag 1 and is in poolhash.org no for is flag 1 and is in darkcoin.ioWhat should I do ? Did you do that ? Masternodes, please restart!
I've noticed some nodes popping in and out of the masternode lists. I'd like all of the masternodes to follow these instructions to see if the problem gets fixed
1.) stop the daemon 2.) update to 10.8.6 if you haven't 3.) add "maxconnections=200" to your configuration 4.) wait ten minutes (it MUST be ten minutes! This will allow the masternode election entry to propagate) 5.) start the daemon and turn on the masternode
yes. I have version 100806. I added 200. Gonna reboot...wait another ten minutes. Thanks for the response
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Joshuar
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May 24, 2014, 03:30:07 AM |
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Regardless of what the price will do from now (down, sideways, up) some of the fundamentals of DRK to keep in mind:
1. Dark is aiming for the private/anonymous market. If just 1 out of 10 transactions are held privately/anonymously in the future, the anonymous coins will hold at least 10% of the whole cryptocurrency marketcap (so ~750mn out of 7.5bn with running prices). That leaves plenty of room for growth.
2. It provides real-world utility and stuff that people can actually use. Some of the top10 cryptos in coinmarketcap have some "fancy" concepts and features that most people do not even understand what they are / what they do / why they are useful. Privacy is something that everyone understands and has a need for in some degree.
2. Low inflation: BTC gives out 3600 BTCs per day. LTC gives out 28.800 BTC per day. DRK produces only 2880 BTC per day - and it will lower 7% next year.
3. Due to low inflation a significantly smaller amount of fiat (or fiat equivalent in BTCs) is required to keep the price stable compared to either LTC or BTC.
4. Due to low production of coins, coupled with the coins held for masternodes, the buying pressure for existing coins escalates.
5. BTC and LTC holders may hedge some of their investments with DRK, as DRK makes its ascent and scares them. Large bagholders of LTC in particular may have problems sleeping well and will either sell LTC or hedge with DRK. This creates a feedback loop that narrows the gap between LTC/DRK as money from LTC flows to DRK, allowing DRK to go to #2.
6. DRK represents a hedge of various forms. For example its security is not dependent on only 1 hash. It is also a bad-news-hedge in the sense that when news like "Bitcoin was banned in X country" hit, it can go the opposite way of Bitcoin. Kind'a like USD/EUR pairs when USD goes bad and EUR goes up and vice versa. Fiat hedging for BTC is unrealistic because it's a binary market. You either have BTC or fiat.
7. The numbers of coins in circulation is heavily in favor of DRK, in terms of scarcity: ~4 million DRKs vs ~12mn BTCs vs ~28mn LTCs.
8. Coin-numbers-adjusted, the price of DRK is 1/6th of LTC and 1/120th of BTC. This is grossly undervalued if one assumes that at least 5 or 10% of cryptocurrency transactions will be performed privately/anonymously and thus the price should move upwards to reflect this fact.
9. The possibility of "mining" with masternodes, is like buying a mining ring that is free (you don't actually pay it as you still keep your DRKs) but also not obsoleted with time or new technology. Beats GPU / ASICs investment in both CAPEX and OPEX.
10. DRK is ahead of the competition. The competition has severe weaknesses and "blocker" issues. Zerocoin is the best solution but doesn't exist - and if it does come out, there will be a huge trust issue with the initial key. Bytecoin has good anonymity as a mixer but is based on an unproven/untested blockchain technology and consequently people can't trust much money on it, compared to the 5 years of running of Bitcoin. It also scales badly and has usability issues which will hamper it for quite some time.
11. DRK has a coder that codes. Darkcoin has become something like a development platform of new features instead of a regular "shitcoin"-clone.
true
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❱❱ | | ██ █║█ ║║║ ║║║ █║█ ██ | | | | | ▄██▄ ▄██████▄ ▄██████████ ▄██████████▀ ▄▄ ▄██████████▀ ▄████▄ ▄██████████▀ ████████▄ ██████████▀ ▀████████ ▀███████▀ ▄███▄ ▀████▀ ▄█▄ ▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄ ▄███████▄ ▄██████████ ▄█████████ █████████ ▄██████████▀ ▄██████████▀ ▀█████▀ ▄██████████▀ ▄██████████▀ ▀▀▀ ▄██████████▀ ▄██████████▀ ██████████▀ ▄██████████▀ ▀███████▀ █████████▀ ▀███▀ ▄██▄ ▀█████▀ ▄██████▄ ▀▀▀ █████████ ▀█████▀ ▀▀▀ | | e i d o o ██
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Jesse Livermore
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May 24, 2014, 03:32:02 AM |
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Every day now Dark gets more mainstream press, some entity is accumulating cheap DRK by the thousands and we're just now entering a well-deserved top-tier market cap. We've consolidated for 24-hours on diminishing volume...never a bad thing. There is no other game in town, folks. Walk away from your computers. JL
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I own a DASH Masternode.... And you should too.
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ErrorId
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May 24, 2014, 03:32:51 AM |
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2. Low inflation: BTC gives out 3600 BTCs per day. LTC gives out 28.800 BTC LTC per day. DRK produces only 2880 BTC DRK per day - and it will lower 7% next year.
I think those were typos. Am I right?
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 24, 2014, 03:33:57 AM |
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2. Low inflation: BTC gives out 3600 BTCs per day. LTC gives out 28.800 BTC LTC per day. DRK produces only 2880 BTC DRK per day - and it will lower 7% next year.
I think those were typos. Am I right? Yep, fixed.
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DRobert
Member
Offline
Activity: 98
Merit: 10
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May 24, 2014, 03:34:53 AM |
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Who the fuck would buy a coin based on a neckbeard fedora. Is this a joke?
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CunzhangInCHN
Newbie
Offline
Activity: 56
Merit: 0
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May 24, 2014, 03:39:44 AM |
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yesterday it pass the LTC...
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minerjav
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May 24, 2014, 03:42:23 AM |
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somebody could explain what happen with the web version of the order book on mintpal?
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DRobert
Member
Offline
Activity: 98
Merit: 10
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May 24, 2014, 03:43:19 AM |
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Sell dark nigga. You gonna just leave the price down? Huh?! We don't sell no Dark in here. Nah nigga. Nah. You ain't profiting. Look at me, all wealthy, and shit. That's success, Nigga! Now BUY BACK YOUR DARK!
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Judaz49
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May 24, 2014, 03:43:45 AM |
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somebody could explain what happen with the web version of the order book on mintpal?
yea smthing wrong there
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