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

[oblox]

Your opinion is fact.  I've updated masternodes five time in the last couple weeks like everyone else.  That is NOT acceptable.  If the tech isn't ready it isn't ready.  Don't release it until it is.  Simple concept but not followed.

The tech is under development, AND it's being used as live software. As such, it is subject to live attack and subversion. The software is about to change again for InstantX. Understand that this is part of the reason you get paid to run a masternode. Get on testnet if you really want to feel the burn.

To add, testnet will only represent a portion of mainnet and some issues would take too long to replicate in the test environment, assuming they even showed up. Mainnet is far more expansive and diverse than testnet will ever be.

[1715188336]

1715188336

[1715188336]

1715188336

[1715188336]

1715188336

[defunctec]

Its called cost averaging, and its one of the most conservative investment strategist around. If you are in the project for the long term cost averaging is an excellent idea.

If dark's price fell to 0.001, as a long term cost averaging investor this is great news. And should be to jams.

Yeah it's a great theory, but it relies on the price coming back up. The fundamentals of DRK might be solid, but that means jack shit in the cryptocurrency World.

So again, investing in cryptocurrency is paramount to gambling. Plain and simple.

I own a decent amount of Bitcoin and Darkcoin. They're the only 2 cryptocurrencies I have interest in. Admittedly I use Bitcoin pretty much daily for various services and supplies, Darkcoin not so much. But I still consider both a gamble in terms of return on "investment".

That's why no matter how smart you think you are, what clever trading techniques you apply, the core rule still applies... Don't buy what you can't afford to lose

I completely agree and I'm not disputing that.

But i disagree with the whole "This is crypto"
Darkcoin is tech. Useful tech tends to be used. If dark is used the price will rise.

Its more risk than a gamble, investing in crypto is a risk. That risk can be managed with a bit of research.

[TechGen]

Perhaps the news of Federal Reserve stopping the QE3 caused the bitcoin drop which triggered the Darkcoin drop? I have a feeling that this short term optimism about market recovery isn't gonna last long

https://i.imgur.com/9Q8QxKX.png

full article: http://rt.com/usa/200523-quantitative-easing-end-yellen/

Sorry but this "theory" is just plain silly.

[KryptoFoo]

Sell deck is cleared over at bitfinex, got tired of waiting. Pleasure doing business with you, now if you will excuse me I have some MN's to set up. 

[lucas2047]

I completely agree and I'm not disputing that.

But i disagree with the whole "This is crypto"
Darkcoin is tech. Useful tech tends to be used. If dark is used the price will rise.

Its more risk than a gamble, investing in crypto is a risk. That risk can be managed with a bit of research.

Darkcoin has better tech than most coins and is still in the dumps. The notion that even Dogecoin has 5x daily volume and 3x market cap is rather bewildering to me.

Honestly I would absolutely love DRK to be $100. Would be the easiest money I've ever made and prove that people want to adopt an anonymous currency and take privacy seriously. Every indicator however for the last 6 months has shown the opposite.

Right now I have absolutely zero clue where cryptocurrency is going. Bitcoin has one major advantage in that it has a fuck ton of investment going on to create mass adoption. No other coin has that.

Either way I'm still holding both

[qwizzie]

Sell deck is cleared over at bitfinex, got tired of waiting. Pleasure doing business with you, now if you will excuse me I have some MN's to set up.  

i bet yr setting up 4 MN

edit : maybe even 5

[shojayxt]

Your opinion is fact.  I've updated masternodes five time in the last couple weeks like everyone else.  That is NOT acceptable.  If the tech isn't ready it isn't ready.  Don't release it until it is.  Simple concept but not followed.

The tech is under development, AND it's being used as live software. As such, it is subject to live attack and subversion. The software is about to change again for InstantX. Understand that this is part of the reason you get paid to run a masternode. Get on testnet if you really want to feel the burn.

To add, testnet will only represent a portion of mainnet and some issues would take too long to replicate in the test environment, assuming they even showed up. Mainnet is far more expansive and diverse than testnet will ever be.

You are correct.  Unfortunately since many of these issues are not able to be identified on testnet they end up being exposed on mainnet.  That in and of itself isn't all that bad. What is an issue are the amount of updates that are released only to have to be updated shortly after.  I find it to be more of an inconvenience than anything but I'm sure that it causes many to question the overall tech.  Regardless, it isn't good for Darkcoin

[oblox]

Your opinion is fact.  I've updated masternodes five time in the last couple weeks like everyone else.  That is NOT acceptable.  If the tech isn't ready it isn't ready.  Don't release it until it is.  Simple concept but not followed.

The tech is under development, AND it's being used as live software. As such, it is subject to live attack and subversion. The software is about to change again for InstantX. Understand that this is part of the reason you get paid to run a masternode. Get on testnet if you really want to feel the burn.

To add, testnet will only represent a portion of mainnet and some issues would take too long to replicate in the test environment, assuming they even showed up. Mainnet is far more expansive and diverse than testnet will ever be.

You are correct.  Unfortunately since many of these issues are not able to be identified on testnet they end up being exposed on mainnet.  That in and of itself isn't all that bad. What is an issue are the amount of updates that are released only to have to be updated shortly after.  I find it to be more of an inconvenience than anything but I'm sure that it causes many to question the overall tech.  Regardless, it isn't good for Darkcoin

I'm not thrilled about constant updates, but at least the dev is fixing stuff promptly. As for updating, a simple scrypt will update it in around 20-30 seconds.

[defunctec]

I completely agree and I'm not disputing that.

But i disagree with the whole "This is crypto"
Darkcoin is tech. Useful tech tends to be used. If dark is used the price will rise.

Its more risk than a gamble, investing in crypto is a risk. That risk can be managed with a bit of research.

Darkcoin has better tech than most coins and is still in the dumps. The notion that even Dogecoin has 5x daily volume and 3x market cap is rather bewildering to me.

Honestly I would absolutely love DRK to be $100. Would be the easiest money I've ever made and prove that people want to adopt an anonymous currency and take privacy seriously. Every indicator however for the last 6 months has shown the opposite.

Right now I have absolutely zero clue where cryptocurrency is going. Bitcoin has one major advantage in that it has a fuck ton of investment going on to create mass adoption. No other coin has that.

Either way I'm still holding both

I see it this way.

In 10 months, let me say that again 10 months (40 weeks) lol! Darkcoin has achieved near NSA proof privacy and practically perfected eCash.
Darkcoin is open source(open to scrutiny) and is getting better with every update.

Time will pass, dust will settle. Darkcoin will emerge.

[qwizzie]

http://www.ibtimes.co.uk/darkcoin-perfect-e-cash-cryptocurrency-emerging-dark-web-trump-bitcoin-1472144

writer has some good articles on his name .. i found this one a good read as well.

[Artoodeetoo]

Drk coin has some very wealthy and commited followers... Its just going through a rough spot along with basically everything else... If you believe in crypto then drk and a few others are obvious choices... This is still like the pre birth phase though.... Crypto is at best a toddler and the whole scene is just finding its feet.

[eahmadov]

Perhaps the news of Federal Reserve stopping the QE3 caused the bitcoin drop which triggered the Darkcoin drop? I have a feeling that this short term optimism about market recovery isn't gonna last long



full article: http://rt.com/usa/200523-quantitative-easing-end-yellen/

Sorry but this "theory" is just plain silly.

dude, there are lots of wall street folks in crypto trading using bitcoin/altcoins as one of the safe heavens during the financial turmoils. As soon as they see a news like QE3 ending and potential economic recovery, they react right away and dump their crypto. Not sure if you remember but the biggest price surge on bitcoin was during Cyprus banks' bailout times.

[reflexmk]

Sell deck is cleared over at bitfinex, got tired of waiting. Pleasure doing business with you, now if you will excuse me I have some MN's to set up. 

congrats on your dirt cheap DRK's  

[maxpowerzz92]

Sell deck is cleared over at bitfinex, got tired of waiting. Pleasure doing business with you, now if you will excuse me I have some MN's to set up. 

Awesome!  I just saw a 4800+ buy order was filled.

[lucas2047]

I see it this way.

In 10 months, let me say that again 10 months (40 weeks) lol! Darkcoin has achieved near NSA proof privacy and practically perfected eCash.
Darkcoin is open source(open to scrutiny) and is getting better with every update.

Time will pass, dust will settle. Darkcoin will emerge.

I just doubt there are enough people who actually care though.

As a small example... Right now you can chat securely online very easily (using Pidgin with the encrypted add-on) and yet the majority of people continue to use programs like Skype or Yahoo, even after it's been shown how these are monitored and logged.

So if people can make simple changes to secure their privacy and don't bother, why would they make more complex ones such as buying and using cryptocurrency?

As sad as it sounds the only people right now who are really interested in Darkcoin are either privacy nuts or drug dealers. The general public don't even know about it, let alone have an opinion formed. And for the cryptocurrency they do know about (basically just Bitcoin), they generally don't care enough to learn about it or buy it.

The Snowden revelations should have dramatically changed how people go about things. Unfortunately it has not. To me that's a clear indication of how seriously people take their privacy

[pbleak]

The price is low I would imagine simply because Bitcoin is on a downtrend. When Bitcoin sneezes so does every other coin. We're going down, that's as clear as day, but we won't go up unless Bitcoin turns around properly and people then feel faith in crypto in general.

[pbleak]

I see it this way.

In 10 months, let me say that again 10 months (40 weeks) lol! Darkcoin has achieved near NSA proof privacy and practically perfected eCash.
Darkcoin is open source(open to scrutiny) and is getting better with every update.

Time will pass, dust will settle. Darkcoin will emerge.

I just doubt there are enough people who actually care though.

As a small example... Right now you can chat securely online very easily (using Pidgin with the encrypted add-on) and yet the majority of people continue to use programs like Skype or Yahoo, even after it's been shown how these are monitored and logged.

So if people can make simple changes to secure their privacy and don't bother, why would they make more complex ones such as buying and using cryptocurrency?

As sad as it sounds the only people right now who are really interested in Darkcoin are either privacy nuts or drug dealers. The general public don't even know about it, let alone have an opinion formed. And for the cryptocurrency they do know about (basically just Bitcoin), they generally don't care enough to learn about it or buy it.

The Snowden revelations should have dramatically changed how people go about things. Unfortunately it has not. To me that's a clear indication of how seriously people take their privacy

Indeed, our main aim should be to have Dark overtake Litecoin as the second coin. That way it could be used by privacy nuts and so on, but also whenever anyway wants to make a truly private transaction. This is where I believe Dark will end up. I don't think it's a bad thing either, but we're not going to 100. We might get to 5 and be stable if all goes well.

[defunctec]

I see it this way.

In 10 months, let me say that again 10 months (40 weeks) lol! Darkcoin has achieved near NSA proof privacy and practically perfected eCash.
Darkcoin is open source(open to scrutiny) and is getting better with every update.

Time will pass, dust will settle. Darkcoin will emerge.

I just doubt there are enough people who actually care though.

As a small example... Right now you can chat securely online very easily (using Pidgin with the encrypted add-on) and yet the majority of people continue to use programs like Skype or Yahoo, even after it's been shown how these are monitored and logged.

So if people can make simple changes to secure their privacy and don't bother, why would they make more complex ones such as buying and using cryptocurrency?

As sad as it sounds the only people right now who are really interested in Darkcoin are either privacy nuts or drug dealers. The general public don't even know about it, let alone have an opinion formed. And for the cryptocurrency they do know about (basically just Bitcoin), they generally don't care enough to learn about it or buy it.

The Snowden revelations should have dramatically changed how people go about things. Unfortunately it has not. To me that's a clear indication of how seriously people take their privacy

People are interested in crypto, i have had numerous conversations with both for and skeptic. With time, accessibility will draw more users (Twitter/Facebook/gmail for example)

You say the apps that privatise your messages are not being used by billions of people, but skype and yahoo are.
They came from nothing! Just an idea, a concept and then creation. Darkcoin is 10months old, skype and yahoo are 10+ years!

Bitcoin will become huge yes. But not for eCash (relative to the other uses bitcoin will have).
eCash will be eCash, bitcoin will be a automated decentralized ledger, storing all transactions forever. This is a good thing, but not for eCash.

Darkcoin on the other hand

[Pale Phoenix]

The price is low I would imagine simply because Bitcoin is on a downtrend. When Bitcoin sneezes so does every other coin. We're going down, that's as clear as day, but we won't go up unless Bitcoin turns around properly and people then feel faith in crypto in general.

Agreed. The uncertainty around BTC is having a huge effect on alts as usual. Any trader worth his salt has had to consider divesting alts with such weakness around BTC. Cash is the place to be right now for many of the traders I chat with.

Add to that the huge risks around working with exchanges, the (misplaced, IMO) hype around sidechains supplanting alts, and the not insignificant hurdles facing DRK development and adoption, and it's no wonder we're going down.

All of that said, there's huge opportunity for those with patience and resolve in markets like these. DRK has a lot going for it, and I'm betting on significant appreciation when / if the BTC market finds its footing and rallies. Don't bet the farm, because that's exactly what this is... a (minimally informed) bet.

[Ignition75]

The price is low I would imagine simply because Bitcoin is on a downtrend. When Bitcoin sneezes so does every other coin. We're going down, that's as clear as day, but we won't go up unless Bitcoin turns around properly and people then feel faith in crypto in general.

Agreed. The uncertainty around BTC is having a huge effect on alts as usual. Any trader worth his salt has had to consider divesting alts with such weakness around BTC. Cash is the place to be right now for many of the traders I chat with.

Add to that the huge risks around working with exchanges, the (misplaced, IMO) hype around sidechains supplanting alts, and the not insignificant hurdles facing DRK development and adoption, and it's no wonder we're going down.

All of that said, there's huge opportunity for those with patience and resolve in markets like these. DRK has a lot going for it, and I'm betting on significant appreciation when / if the BTC market finds its footing and rallies. Don't bet the farm, because that's exactly what this is... a (minimally informed) bet.

Yes people are forgetting the general loss of confidence in Crypto when we have incidents like Mint-Gox, the Mum and Dad investor, who we are going to need to build a new financial world, look the other way...

After the Nov/Dec 2013 boom, all the cooks that joined the kitchen without enough people eating the cabbage, this is just a consolidation and a necessary growing pain.