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

[DogTheHunter]

Regulation will come in the form of monitoring the exchanges cryptocurrencies are traded on. That's how cryptocurrencies will become regulated in a sense.

However, private transactions between individuals can't be regulated. It's only trading on the exchanges that will be regulated, and I don't understand how anyone could find fault with that.

Businesses will also have to hold information about transactions with customers. But yea, you are right, two transactions between individuals is like two cash transactions between individuals.

[darkota]

Regulation will come in the form of monitoring the exchanges cryptocurrencies are traded on. That's how cryptocurrencies will become regulated in a sense.

However, private transactions between individuals can't be regulated. It's only trading on the exchanges that will be regulated, and I don't understand how anyone could find fault with that.

Businesses will also have to hold information about transactions with customers. But yea, you are right, two transactions between individuals is like two cash transactions between individuals.

Indeed, making anonymous cryptocurrencies  True "digital cash". Unlike using Paypal accounts and other online money exchanges, where they(Paypal employees/governments), see every transaction you make, clear as day.

[AlexGR]

Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

[duckmuy]

I seriously wish I could reach through the screen and fucking punch these cunts in the fucking face who are selling. STOP FUCKING SELLING YOU STUPID FUCKING CUNTS FUCK YOUR EXISTENCE. I hope you're taking a shit on an airplane and the negative pressure sucks your intestines out your asshole.

@shojayxt

Go stick your hands in a meat grinder so we are spared your incessant idiocy you fucking cumsponge.

[Svener]

Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

Thanks to scumbags like the owners of MTGOX, coinmarket.io and the daily scamming that takes place the government will use that as a excuse to also regulate.

[Lauda]

Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

Thanks to scumbags like the owners of MTGOX, coinmarket.io and the daily scamming that takes place the government will use that as a excuse to also regulate.

I'm pretty sure that they can't do anything to MNs.

[7vpo]

Eva and Ape, I sent PMs and still waiting.

If you do not publish, I will publish a roadmap for this coin..

[shojayxt]

Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

If you re-read my post, please note where I said the "fiat and retail gateways" would be regulated.

All the examples you cite relate to these. In particular in the name of "limiting anonymity" - again I said they'd try to do that in my post..."unless a mechanism can be found to associate blockchain addresses with individuals"

For example, the article about French regulation cites bitcoin "distributors" - i.e. exchanges and the like.

Another example you cite is the impending imposition of capital gains tax on crypto. That is actually a regulation which applies to fiat - not crypto because your taxable income is measured in dollars  euros and you generally pay capital gains on realised gains.

There is also nothing in your examples about a distinction being made between opaque and transparent blockchains.

My apologies for missing the part you wrote regarding "fiat and retail gateways".

That is the regulation that I am referring to. I know that there is no way to regulate the cryptocurrency itself.  The point I am trying to make is that any cryptocurrency  will need more than just P2P transactions in order to stay relevant.  They will require merchants that accept them as a form of payment.  

I guess the point I am trying to make is that Bitcoin has a network of entities that are used for processing transactions that already comply with regulations already enacted.  Going forward it is highly likely that governments will want to enact even more regulations.  The issue with an anonymous cryptocurrency is that it prevents the government from following the transaction.  Put it this way.  Your personal banking records are private.  They are not in the public domain.  But if the government wants to track where your money came from they can obtain a court order and look at your records.  Even with Bitcoin they can track the flow on the blockchain from address to address.  With an anonymous coin that obscures that information that is not possible.  So even though they can't stop an anonymous coin they can make it so that "fiat and retail gateways" will be unable to accept it because of possible regulations requiring a way to track the history of the funds.  That is not too far fetched especially in western countries and predominately the United States using the Patriot Act to prevent transfer of fund to entities deemed to be enemies.

This doesn't just apply to Darkcoin but to all anonymous cryptocurrencies including Monero and all the other cryptonote coins.  It is something to think about and a reason for some caution when investing in something this new and volatile..      

[shojayxt]

Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

How am I trolling with this topic regarding anonymous cryptocurrencies?

I think you are confusing things.

The government isn't going to stop you from using Darkcoin.  But what will you do with it if you can't spend it anywhere because it does not meet some FinCen requirement that would allow the government to track the funds similar to the way they do when they get a court order to look at an individuals bank records?

This isn't a Darkcoin issue it's an anonymous cryptocurrency issue.

So there is no need for you to get all butt hurt over something that is quite real whether you want to believe it or not.

[shojayxt]

I seriously wish I could reach through the screen and fucking punch these cunts in the fucking face who are selling. STOP FUCKING SELLING YOU STUPID FUCKING CUNTS FUCK YOUR EXISTENCE. I hope you're taking a shit on an airplane and the negative pressure sucks your intestines out your asshole.

@shojayxt

Go stick your hands in a meat grinder so we are spared your incessant idiocy you fucking cumsponge.

It's apparent that many of you put all your eggs in one basket.  Unfortunately there isn't much you can do right now but either wait and hold or cut your losses and run.  Apparently many are choosing the latter option.

If it's any consolation, I didn't sell the 155 DRK I found in a wallet I forgot I had.  I'm in the wait and hold pattern right now like you.  So we do have at least one thing in common my friend.

[g4q34g4qg47ww]

No

one

cares

[qwizzie]

STO PSELL PLEASE NOW PLEASE STOP I NEED DOLLAR PLEASE!!!!!

can someone pls give this dude a dollar.

[thelonecrouton]

OK I've had some interest in the Masternode share I proposed a few pages back, anyone wanting more details see here:

https://darkcointalk.org/threads/new-masternode-share-9-partners-wanted-100drk-each-1-month-renewable-agreement.1785/

Thanks!
 

[AlexGR]

Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

How am I trolling with this topic regarding anonymous cryptocurrencies?

You didn't answer on the capital gains tax due to regulation of transparent coins but you are somehow "hurt" by having 20% interest through masternodes. So, yes, you are trolling.

[qwizzie]

with this low price its really profitable to mine in the multipool named xpool

http://xpool.ca/

8 SHA256 coins : 2.16 TH (24 miners)
11 scrypt coins :  100 MH (19 miners)
16 X11 coins    :  286 MH (36 miners)

all getting paid out in Darkcoins...

[qwizzie]

STO PSELL PLEASE NOW PLEASE STOP I NEED DOLLAR PLEASE!!!!!

can someone pls give this dude a dollar.

no! NO! NO DOLLAR STOP SELL PLEASE I FRIGHTEN SAD HELP WHY BAD PRICE?!?!?!?!? 

relax, take a breath.. price will recover .. patience !!!

[gadado]

You ask who is selling?

check this table/graph.

http://drk.poolhash.org/graph.html

x11ltc1btccom pool

is the presure and it hits no counter force (= friendly miners that mine to keep the coin because they believe in the value).

Obviously x11ltc1btccom sees dark as a good value to mine and sell else it wouldnt be on the coin (as I understand it they are profit oriented not really ltc political but who knows)

So while x11ltc1btc graps all the cheap coins on low diff the miners that like darkcoin stopped mineing eighter because thy own a MN and dont feel the need to anymore or because they see it no more worth becasue of the 20% or because they want a low price to buy more or for whatever reason they have. Friendly mining force is thin this days although it's worth to mine. My ones are running hot and the return is nice.

So it's a bit a self made problem. No friendly miners.. no value.

[maese123]

DUMP IS COMING

[qwizzie]

pump coming

[shojayxt]

Really?  Cryptocurrencies will never be regulated?  It's already happening.  I'm not making this up to start an argument.  Governments are actually starting to implement regulations governing cryptocurrencies.

You are trolling so bad that you don't even see its hurting your trolling arguments. If the government tomorrow asks you 50-60-70% tax on capital gains for your transparent coins (BTC and others), because it can map out every transactions of yours, then come and tell us anon currencies are a bad idea and that "20% MN tax*" is worse.

* Which of course is 20% interest on your coins if you use them for MNs.

How am I trolling with this topic regarding anonymous cryptocurrencies?

You didn't answer on the capital gains tax due to regulation of transparent coins but you are somehow "hurt" by having 20% interest through masternodes. So, yes, you are trolling.

I'm well aware of Capital Gains and am prepared to pay those taxes on any btc I convert to fiat.  Not because I want to but because I don't want to see the inside of a Prison cell for tax evasion.

But I don't understand what a 20% MN tax has to do with the topic that was being discussed.  

The topic related to actually using/exchanging anonymous cryptocurrencies at "fiat and retail gateways".   I specifically stated that this would apply to ALL anonymous cryptocurrencies.  This isn't a just a Darkcoin issue.  Please explain in further detail how I am trolling by having a rational discussion about possible future regulation that could have an impact on anonymous cryptocurrency transactions outside of P2P transfers.