HornyMiner
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Activity: 63
Merit: 0
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May 31, 2014, 12:42:19 PM |
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Monero is still better then this!
+1. The idea of Ring Signatures is so kickass, love it so much.
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Standhaft
Member
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Activity: 84
Merit: 10
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May 31, 2014, 12:45:39 PM |
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Monero is still better then this!
+1. The idea of Ring Signatures is so kickass, love it so much. Activity: 0 Activity: 0 oki
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DRK - Xi9PB8XXN9Gn4HFG7NtzsXNiBQC4jdFvnH
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navigator11
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Activity: 21
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May 31, 2014, 12:47:27 PM |
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1 Bitcoin $ 7,947,027,453 $ 619.09 2 Litecoin $ 318,843,456 $ 11.05 3 Darkcoin $ 52,733,769 $ 12.14 4 Nxt $ 46,808,290 $ 0.046808 5 Peercoin $ 45,744,698 $ 2.13
Dark is acting corrosively to the top altcoins.
Once DRK overtook DOGE, doge crashed from 100 satoshis to 50.
Ripple owner chose to sell.
PPC lost it's "next-to-LTC" position.
LTC prices are going down and down (0.021 -> 0.020 -> 0.019 -> 0.018 etc - as I had predicted it would happen). Instead of being BTC-on-steroids, it's losing money for BTC holders who bought it.
It's fair to say DRK is a catalyst. It's Platinum to Bitcoin's gold - but it doesn't need to be marketed as such. The "Dark" element can stand on its own pretty well combined with a good anonymity system.
BTC: The "gold"... The benchmark. The one constant that everyone goes to or uses as a measure. The property of gold is to be inert and resistant to corrosion for ages - as is Bitcoin. Altcoins come and go, altcoins evolve, Bitcoin stays the same and rules the market no matter what. Rich people hoard it, just like gold bars.
LTC: The "silver"... Silver is reflective and conductive (fast transfers). However it tarnishes over time and loses it's "bling". It is also more abundant than gold (29m LTC vs 13m BTC). Silver coins are "brilliant" when exiting the mint but now we are in the tarnishing phase.
DRK: The "platinum"... Platinum is a catalyst and is used in specific applications for its catalytic properties. Doesn't corrode no matter what. It's also mined at much lesser quantities than gold (scarcer) at a ratio of 150 tons (platinum) to 2500 tons (gold) to 25000 tons (silver). Mining production and scarcity of DRK adequately positions it as the platinum. (4.4mn coins vs 13mn BTCs)
(warning: the above do not represent predictions for prices, just analogies of nature and cryptocurrencies) accurate conclusion
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roede94105
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May 31, 2014, 12:52:34 PM |
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They had some issues with the minting part, now it's more visible since the POW phase is over. Apparently it's something that can be fixed. Time will tell.
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blajde
Sr. Member
Offline
Activity: 364
Merit: 250
Pre-sale - March 18
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May 31, 2014, 12:56:34 PM |
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1 Bitcoin $ 7,947,027,453 $ 619.09 2 Litecoin $ 318,843,456 $ 11.05 3 Darkcoin $ 52,733,769 $ 12.14 4 Nxt $ 46,808,290 $ 0.046808 5 Peercoin $ 45,744,698 $ 2.13
Dark is acting corrosively to the top altcoins.
Once DRK overtook DOGE, doge crashed from 100 satoshis to 50.
Ripple owner chose to sell.
PPC lost it's "next-to-LTC" position.
LTC prices are going down and down (0.021 -> 0.020 -> 0.019 -> 0.018 etc - as I had predicted it would happen). Instead of being BTC-on-steroids, it's losing money for BTC holders who bought it.
It's fair to say DRK is a catalyst. It's Platinum to Bitcoin's gold - but it doesn't need to be marketed as such. The "Dark" element can stand on its own pretty well combined with a good anonymity system.
BTC: The "gold"... The benchmark. The one constant that everyone goes to or uses as a measure. The property of gold is to be inert and resistant to corrosion for ages - as is Bitcoin. Altcoins come and go, altcoins evolve, Bitcoin stays the same and rules the market no matter what. Rich people hoard it, just like gold bars.
LTC: The "silver"... Silver is reflective and conductive (fast transfers). However it tarnishes over time and loses its "bling". It is also more abundant than gold (29m LTC vs 13m BTC). Silver coins are "brilliant" when exiting the mint but now we are in the tarnishing phase.
DRK: The "platinum"... Platinum is a catalyst and is used in specific applications for its catalytic properties. Doesn't corrode no matter what. It's also mined at much lesser quantities than gold (scarcer) at a ratio of 150 tons (platinum) to 2500 tons (gold) to 25000 tons (silver). Mining production and scarcity of DRK adequately positions it as the platinum. (4.4mn coins vs 13mn BTCs)
(warning: the above do not represent predictions for prices, just analogies of nature and cryptocurrencies)
Edited it for you
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coins101
Legendary
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Activity: 1456
Merit: 1000
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May 31, 2014, 01:09:37 PM |
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If you keep posting about xc, I'm in danger of pressing the ignore button
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illodin
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May 31, 2014, 01:09:59 PM |
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Monero is still better then this!
+1. The idea of Ring Signatures is so kickass, love it so much. Just in your own words, could you explain what are ring signatures and how do they work?
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HornyMiner
Newbie
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Activity: 63
Merit: 0
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May 31, 2014, 01:14:19 PM |
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Dark money, dark coin... everything sounds like we are some sort of criminals and working on Darknet webring.
Monero's Ring is much more understandable for me.
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coins101
Legendary
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Activity: 1456
Merit: 1000
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May 31, 2014, 01:14:20 PM |
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It's fair to say DRK is a catalyst. It's Platinum to Bitcoin's gold - but it doesn't need to be marketed as such. The "Dark" element can stand on its own pretty well combined with a good anonymity system.
I actually really liked the 'Bitcoin Cousin' thing that came up in the media. That makes it sound more like a relative than a competitor. That's PR gold That's important, IMO, because merchants can have Bitcoin and Darkcoin running alongside each other for those that would prefer to use eCash. You may end up with businesses offering cash back incentives, say 0.5%, if people pay for goods with Bitcoin so the block chain can be used for analysis of retail spending indicators and market research. Those that don't want that can opt for Darkcoin.
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ImI
Legendary
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Activity: 1946
Merit: 1019
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May 31, 2014, 01:17:41 PM |
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Dark money, dark coin... everything sounds like we are some sort of criminals and working on Darknet webring.
Monero's Ring is much more understandable for me.
You didnt answer his question.
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Kai Proctor
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May 31, 2014, 01:20:53 PM |
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Dark money, dark coin... everything sounds like we are some sort of criminals and working on Darknet webring.
Monero's Ring is much more understandable for me.
You didnt answer his question. +1 We are waiting ...
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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May 31, 2014, 01:23:42 PM |
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Dark money, dark coin... everything sounds like we are some sort of criminals and working on Darknet webring.
Monero's Ring is much more understandable for me.
Whether ring signatures are better technologically or not isn't going to affect the relative commercial value of Monero. Almost all coins are more advanced technologically than Bitcoin / Litecoin, even Peercoin but it doesn't dent their values. An original is an original and acquires an appropriate valuation.
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chaeplin
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May 31, 2014, 01:24:21 PM |
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If you keep posting about .., I'm in danger of pressing the ignore button making a graph showing block generation time of .. is one of my choice.
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AlexGR
Legendary
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Activity: 1708
Merit: 1049
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May 31, 2014, 01:25:05 PM |
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It's fair to say DRK is a catalyst. It's Platinum to Bitcoin's gold - but it doesn't need to be marketed as such. The "Dark" element can stand on its own pretty well combined with a good anonymity system.
I actually really liked the 'Bitcoin Cousin' thing that came up in the media. That makes it sound more like a relative than a competitor. That's PR gold Indeed... unless the "family" (bitcoin/ltc etc) denounces us for being the "black sheep"
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coins101
Legendary
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Activity: 1456
Merit: 1000
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May 31, 2014, 01:28:50 PM |
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Dark money, dark coin... everything sounds like we are some sort of criminals and working on Darknet webring.
Monero's Ring is much more understandable for me.
You didnt answer his question. +1 We are waiting ... that is one of the best ever.. love it.
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Ozziecoin
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May 31, 2014, 01:29:50 PM |
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Personally, I view darkcoin as Swiss Banking for cryptos. I think that is a better view of its function.
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Everlast
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May 31, 2014, 01:34:04 PM |
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Almost ready to have my masternode
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coins101
Legendary
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Activity: 1456
Merit: 1000
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May 31, 2014, 01:34:34 PM |
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It's fair to say DRK is a catalyst. It's Platinum to Bitcoin's gold - but it doesn't need to be marketed as such. The "Dark" element can stand on its own pretty well combined with a good anonymity system.
I actually really liked the 'Bitcoin Cousin' thing that came up in the media. That makes it sound more like a relative than a competitor. That's PR gold Indeed... unless the "family" (bitcoin/ltc etc) denounces us for being the "black sheep" I do remember saying that when the marketcap gets to $20m, we should start thinking about future rebranding....might have to push that back to $1bn, the media is loving the Dark side.
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coins101
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Activity: 1456
Merit: 1000
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May 31, 2014, 01:36:00 PM |
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If you keep posting about .., I'm in danger of pressing the ignore button making a graph showing block generation time of .. is one of my choice. not you. keep it up, I love it when the truth comes out. it all ways does in the end
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