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

[thunderdrum]

This is the worst investment i ever made its done nothing but slowly bleed to death ever since I bought it. The worst part is that I listened to all the people saying hold, now I feel like a fucking fool and hate myself for not selling sooner. God dammit! IM SUCH A FUCKING IDIOT!

If you don't realize what's around the corner then please sell right now and realize your loss.

Lol  - panic makes me laugh at all the weak.

I've lost almost HALF my money, fuck you you prick! You laugh at that? What a fucking asshole.

Your first major newbie mistake was investing your ENTIRE $3,000 all at once... you never looked for a good entry price, never did any dollar cost-averaging or did anything sensible here... I doubt you've ever traded a stock or any financial security in your life, and probably did about as much research as a 3rd grade book report.

My friend and I have invested about $8,500.00 USD into DRK since before the last hard fork failure (past 2 months). We started buying DRK above 0.02 BTC. But you know what? Our losses so far are completely manageable and we're not worried one bit. We only purchased small amounts at 0.02+ BTC, and as the price has fallen we've progressively purchased larger and larger amounts, continually averaging down our average unit cost per DRK. And I'm buying every last DRK I can get my hands on near the 0.01 BTC level... this price point feels like the bargain of the century on the eve of RC4.

Your second newbie mistake was investing $3,000 into ANY crypto-currency, especially since this is a lot of money to you and you say you're "poor". If you're poor you never should've bought ANY coin, much less $3K worth. You never invest what you cannot afford to lose in crypto-currencies... that's just completely asinine, especially if you have no clue what you're doing and zero trading/financial experience...

Your third newbie mistake is ignoring the fundamentals and the huge, market-shaking changes coming to DRK with RC4. Have you paid attention to Evan's posts about Darksend+? The code audit by Kristov Atlas? The huge wallet/UI overhaul that I am working on? Or any of the other dev updates? Obviously not.

Your fourth newbie mistake is going to be panic selling your DRK now around 0.01 BTC just before it whip-saws up to 0.05+ BTC after RC4... that 260-ish DRK you bought for $3k would probably rake in over $7,800.00 for you if you just held it. But you're going to be regretting panic selling every day of your life as DRK rises to $30.00, $50.00, $90.00, $125.00, $200.00, and on and on and on... eventually it'll be trading at 1.5x to 3.0x the value of 1 BTC...

Your fifth (but probably not your last) newbie mistake is NOT BUYING MORE DRK NOW and averaging down your avg. unit cost per coin!!! 

Sorry your first brush with crypto trading has been rough, but you need to learn how to manage your money and think things through...

-- The DRK Lord --

 You are great 

[salmion]

I left you a message in your home thread simply requesting you stop trolling here.

Thank you.

https://bitcointalk.org/index.php?topic=637704.msg8042028#msg8042028

I'm not a troll first of all, second I was once an investor in darkcoin and I believe it's my right and duty to try and save the noobs from investing in this trash wannabe anonymous cryptocoin.
DRK is going nowhere buy down.
Cant you see the signs?

THE ABOVE IS TROLLING.

We could do the same in the cloak thread. The majority of us don't unless trolls like you come here and fud.

Dark is doing great. RC4 will be amazing. The future is bright.

Now run along and play with your cloak friends.

[th00ber]

This is the worst investment i ever made its done nothing but slowly bleed to death ever since I bought it. The worst part is that I listened to all the people saying hold, now I feel like a fucking fool and hate myself for not selling sooner. God dammit! IM SUCH A FUCKING IDIOT!

If you don't realize what's around the corner then please sell right now and realize your loss.

Lol  - panic makes me laugh at all the weak.

I've lost almost HALF my money, fuck you you prick! You laugh at that? What a fucking asshole.

You know, I was in the same situation some month ago.
I was mining DRK for rougthly 45 days, 45 days without any DRK sold even if the price was slowly decreasing from 0.0015 to 0.0012 on this period.
A week-end I wanna cashout all my DRK to give a chance on another crypto and came back with more BTC to buy back DRK.

I just sold the day before the first pump ... because I sold 24h before the RC1.
By this time my rig was able to get a lot of DRK per day (~13 DRK), and with my others coins traded in DRK ... I have sold approx 800 DRK @0.00125 24h gone to sleep.
The next day it was at 0.0019 ... and a week later start the raise up to 0.028
That was my worst decision ever !

Since the days I discovers DRK I believe in it, and now... i'll stick on it, no matter what ... but now my rig only get 1 DRK per day

I only believe in 3 crypto for long term.
BTC, because it's the most spread in service and the oldest currency.
DOGE, because of the community and funny service. (The only things that kills DOGE for now is the huge supply, but DRK has not this problem with the block reward algo )
DRK, because of the awesome features.

That's my point of view.
DRK is not a shitcoin like 90% of the currency. And just for that and what the dev team is doing (have you ever been on the darkcointalk forum ? A lot of skilly guy are working/discussing on it) ... this coin deserve that we take some risk and support it

[giveBTCpls]

Let's say I have a couple spare BTC to invest, why should I bet my money on DRK above XMR at this point in time? XMR hasn't failed me so far in my predictions, but when I look at DRK future wise, it seems to blurry to me.

[Freckleg]

Let's say I have a couple spare BTC to invest, why should I bet my money on DRK above XMR at this point in time? XMR hasn't failed me so far in my predictions, but when I look at DRK future wise, it seems to blurry to me.

You mean you predicted bloat in block chain by XMR, very good.

[coins101]

Let's say I have a couple spare BTC to invest, why should I bet my money on DRK above XMR at this point in time? XMR hasn't failed me so far in my predictions, but when I look at DRK future wise, it seems to blurry to me.

Firstly, I have some XMR.

Secondly, asking like this within the coins own threads invites tribal responses. Our coin is best, their coin is shit. I wouldn't like to invest based on tribal responses.

That said.

* XMR has some growth issues that are being worked on but nothing announced yet. Block chains that are around 10 - 100 GB / year, which means that it potentially limits their growth potential. DRK might have some increased blockcahin sizing in the future, but nothing as extreme as XMR.

Block chain sizes matter, a lot.

* XMR is based on non-bitcoin code. That is good and bad. If Bitcoin is the default coin that people are investing time and effort in to develop an infrastructure around, why would they switch to a new code base? DRK has similar code base to Bitcoin, its a hard switch, but much easier and cheaper than XMR.

Interoperability with Bitcoin matters, a lot.

* XMR might have some exploits that are being looked at right now. There is an issue on difficulty re-targeting that might make it easy for people to mine a bunch of coins.  Darkcoin reinvented difficulty re-targeting some time ago to fix some exploits, and now many other coins are using it.

Exploits matter, a lot.

There is room for plenty of good anon coins. The world transacts $trillions each day. DRK is just ahead of the curve on a number of fronts and is at the point of being able to challenge for the Nr.2 slot.

[salmion]

Let's say I have a couple spare BTC to invest, why should I bet my money on DRK above XMR at this point in time? XMR hasn't failed me so far in my predictions, but when I look at DRK future wise, it seems to blurry to me.

XMR will have uptake issues because it isn't descended from Bitcoin. Not insurmountable. But it will take time and a considerable effort.
Whereas DRK after RC4 is good to go. And ready for further enhancements. I have at various times had some of the other anon coins. But I won't go into why I've got rid of most.


Instead I'd say dark is more transparent about what they are doing than the majority of other bitcoin-based anon coins
You can see progress on rc4 on darkcointalk.

Pretty much all of the rest have "anon soon promise!" and really fuzzy descriptions on how it works.

Drk has learned and adopted and gotten stronger, better more professional.

The whitepaper is detailed on how the anon works and is being reviewed by an expert (kristov atlas)

So we are past the hype stage and onto delivery.
*Edit - and that's why I vote DRK

[CHAOSiTEC]

Let's say I have a couple spare BTC to invest, why should I bet my money on DRK above XMR at this point in time? XMR hasn't failed me so far in my predictions, but when I look at DRK future wise, it seems to blurry to me.

im not saying one coin is better than the other, i dont go around in different threads and do so neither, but i am saying i choose what I felt is the best, and what speaks to me.. its your choice on choosing what you want in life, just dont go around and try to make your choices better than anyone else's, and say my daddy is stronger than your daddy...

[Bobsurplus]

I left you a message in your home thread simply requesting you stop trolling here.

Thank you.

https://bitcointalk.org/index.php?topic=637704.msg8042028#msg8042028

I'm not a troll first of all, second I was once an investor in darkcoin and I believe it's my right and duty to try and save the noobs from investing in this trash wannabe anonymous cryptocoin.
DRK is going nowhere buy down.
Cant you see the signs?

THE ABOVE IS TROLLING.

We could do the same in the cloak thread. The majority of us don't unless trolls like you come here and fud.

Dark is doing great. RC4 will be amazing. The future is bright.

Now run along and play with your cloak friends.

LMAO.. I got in between 0.004-0.007 and got out between 0.01 and 0.02

I think I made a good call!

[Freckleg]

Let's say I have a couple spare BTC to invest, why should I bet my money on DRK above XMR at this point in time? XMR hasn't failed me so far in my predictions, but when I look at DRK future wise, it seems to blurry to me.

Pretend I am a millionaire and want to invest in Monero.

Please answer me the following:

a) Who made Monero and why? What was their vision?
b) What had the Monero team done for privacy, before copying the Bytecoin code?
c) Are they really interested in anonymity, or did they try to cash out in the wake of DRK? Why did they make an anonymous coin in May - when DRK was already making a splash? If they were really interested in anonymity, why not earlier?
d) Can Monero scale?
e) Is Monero's PoW futureproof, for providing almost 90% of its coins in just 4 years? Why would someone invest in such a curve?
f) Why would I put my money on something with 2% daily inflation? As a currency, does it fulfill one of the basic criteria - that being an adequate store of value?
g) What is the cost to render the blockchain DOA for someone who wants to kill Monero, in terms of Bitcoins? Can a kid, a hacker, a government spend 10 BTCs and make the blockchain so bloated that it doesn't even load the wallet - killing my multi-million investment?
h) Is Monero anonymous in itself, or does it also need IP obfuscation to achieve anonymity? If it is the later, how exactly is it so anonymous, and how can you vouch for the IP obfuscation network that it will be using? Is there an IP obfuscation network that is 100% reliable for anonymity purposes? As far as I am aware, there is none.
i) Why should I pick Monero instead of Boolberry? The specs of Boolberry are superior and the dev is seemingly doing more work on his own than the Monero devs. Remember I am a buyer and I don't care about who mines what so I don't care about CPU and GPU miners.
k) What happens if the Bytecoin guys (who made the code) discover a flaw, patch it in their own coin and then kill the clones by exploiting the flaw? If they are really underground hackers that hate the Monero copycats, isn't that a real possibility?
l) What is the advancement potential given that Monero is a clone and Bytecoin is the original?
m) What assurances do I have that the codebase is solid? For all I know it's totally untested in public use, being public for 2 or 3 months. Even the boolberry dev openly declares it to be untested.
n) Is it usable by average joe?
o) Is it usable by companies and businesses?

I can ask you questions about Monero all day long if you are so inclined to advertise Monero in the DRK thread.

Great post! Remember me never to get into an argument with you Alex ;-)

[coins101]

Sponsored by Western Digital.

[CHAOSiTEC]

i dont even understand myself sometimes

well frank, some people can have those problems, but i would suggest seeing a professional
Ive heard they are quite good..

good luck to you :-)

[stealth923]

DRK is the best investment I have ever made - great community, keep up the great work team!
Cannot wait for RC4!!

Thanks frank for your support!

[Freckleg]

I wish I had tits and 1000DRK

Tits might be easier for you

[Bobsurplus]

Quick question

Darkcoin has clearly been on a downward trend since March 23 2014,

Why do you guys think this will change and you'll go back to the moon?

I mean... 4 months of this coins 8 month life has been all bad.

Why now?

And dont feed me RC4 please as its clearly a last ditch effort to drive up the price so the last of the premined coins can be offloaded to new bagholders.

So, anyone care to answer my question?

[Freckleg]

Bobsurplus

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[stealth923]

Bobsurplus

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[oblox]

Quick question

Darkcoin has clearly been on a downward trend since March 23 2014,

Wait... what? Try May 22nd.

[oblox]

And dont feed me RC4 please as its clearly a last ditch effort to drive up the price so the last of the premined coins can be offloaded to new bagholders.

So, anyone care to answer my question?

If you knew how to follow a block explorer, you would see that the INSTA (not PRE) mined coins have long since been churned over the months leading up to the massive rise. If that isn't distribution, I don't know what is. If you bothered to actually take the time and look at the explorer, you would see this instead of populating more BS and coming off as hella ignorant. No one is refuting the instamine. It happened, it's part of the ugly past of DRK, but to say it was premined and the coins have yet to be dumped is asinine.

[CHAOSiTEC]

Quick question

Darkcoin has clearly been on a downward trend since March 23 2014,

Why do you guys think this will change and you'll go back to the moon?

I mean... 4 months of this coins 8 month life has been all bad.

Why now?

And dont feed me RC4 please as its clearly a last ditch effort to drive up the price so the last of the premined coins can be offloaded to new bagholders.

So, anyone care to answer my question?

well, lets start from the top

We had some unexpected setbacks with RC3 and needed to rewrite some of the code, setbacks is part of life, and you can choose either to ignore it, give up, or you can have a go at it again, because you learn from the mistakes you make

but, there isnt all bad in it, your claim of nothing coming oout is also clearly false, as you can already now use darksend to send coins around, although their are limits to it at the moment, it does work.

Last part, i wont even try to give you any meaningful answer to that, since you started out quite good with meaningful questions, but ended it with the usual fud.

the bagowners, well we have been quite transparent about what happened, and the coins did actually change hands more than you realise, but again, youll proberly start calling me a liar or ask for proof, or whatever, i really dont care what you think basically, i can of course only give examples from my own dealings with darkcoin, and that is i gave away a large part of my coins, you want proof for that, well your lucky, the first 800 pages in this thread you will find them....