SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation)

[illodin]

Please stop trying to change the subject.
Fact is, lies are being spread as "facts".

For example,
- there was a premine <= lie
- there was no windows client in the first 24 hours <= lie

Please come back when you make up some more lies.

I have never said it was premine

Did I claim you have? No. You're steaming too much from butthurt to understand what you read.

You have gone from crying on the dark thread

Seems to me you're the one doing all the crying.

now saying it was all totally fair at the top of page 5

Distribution is fair - if you were lazy enough not to mine at lunch or stupid enough not to buy when you could've bought 10k at 0.25 BTC it's your own fault. No one else's.

[1714965388]

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[1714965388]

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[cryptohunter]

Please stop trying to change the subject.
Fact is, lies are being spread as "facts".

For example,
- there was a premine <= lie
- there was no windows client in the first 24 hours <= lie

Please come back when you make up some more lies.

I have never said it was premine

Did I claim you have? No. You're steaming too much from butthurt to understand what you read.

You have gone from crying on the dark thread

Seems to me you're the one doing all the crying.

now saying it was all totally fair at the top of page 5

Distribution is fair - if you were lazy enough not to mine at lunch or stupid enough not to buy when you could've bought 10k at 0.25 BTC it's your own fault. No one else's.

I never mine at lunch time.

[flipme]

THE FACTS ABOUT CRYPTOHUNTER

[AlexGR]

THE FACTS ABOUT DARK COIN

1. released without windows QT so that only dev and pals could mine it.

Convenient fact skipped: Most miners use linux, so the largest percentage of miners could mine straightaway.

2. Instamined harder than any other coin out there  12.5% of the current minting was mined in the first day

PoS/PoW hybrids with initial PoW phase are instamined way faster, not only for 5-10% of the monetary base, but for the 100% of it. After a week or two, noone can mine anything, they have to buy it from the first miners. You are a supporter of such coins like Whitecoin who use instamining as their primary technique of coin distribution. Your pretentious concern for late miners is totally hypocritic as you support coins that completely exclude miners after a small instamine period, or tell them to mine something else and buy your coins after totally excluding them from the possibility of mining. How can that be compared with DRK in which early miners instamined something like 1.7mn coins compared to a monetary base of 17-22mn coins (and then sold them for peanuts at rates of 10.000 DRK for 0.25 BTC) where another 15-20mn coins were to be issued?

3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey

You contradict yourself. First you say only dev and friends did the instamine, then you say "they decided to turn their instamine" - when the engagement for the decision involved much more than 3-4-5-10 persons. Actually the vote was >100 persons:

https://bitcointalk.org/index.php?topic=525093.0

Why would 80% of the people agree to having a problematic distribution? THINK HARD.

The answer is because the initial distribution had changed through the marketplace. Something that you omit from your "facts", intentionally, pretending the 50% distribution held true at the time of the decision.

[illodin]

That's some serious detective work, sir. I hope you didn't use too much of your time for that though, when you could've just simply read these pages:

https://darkcointalk.org/threads/the-birth-of-darkcoin.162/
http://wiki.darkcoin.eu/wiki/FAQ

[AlexGR]

see
http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#darkcoin

Darkcoin

    derived from Quark

    type of algorithm: blake, bmw, groestl, keccak, jh, stein

    PoW and PoS

Reliable info.

Darkcoin = Quark clone with 5 hashes (and not X11 coin with 11 hashes)
Darkcoin = PoW and PoS.

Seems legit

[cryptohunter]

THE FACTS ABOUT CRYPTOHUNTER

LOL that's the best you can come up with ?
this guy is pretty funny.

[cryptohunter]

THE FACTS ABOUT DARK COIN

1. released without windows QT so that only dev and pals could mine it.

Convenient fact skipped: Most miners use linux, so the largest percentage of miners could mine straightaway.

2. Instamined harder than any other coin out there  12.5% of the current minting was mined in the first day

PoS/PoW hybrids with initial PoW phase are instamined way faster, not only for 5-10% of the monetary base, but for the 100% of it. After a week or two, noone can mine anything, they have to buy it from the first miners. You are a supporter of such coins like Whitecoin who use instamining as their primary technique of coin distribution. Your pretentious concern for late miners is totally hypocritic as you support coins that completely exclude miners after a small instamine period, or tell them to mine something else and buy your coins after totally excluding them from the possibility of mining. How can that be compared with DRK in which early miners instamined something like 1.7mn coins compared to a monetary base of 17-22mn coins (and then sold them for peanuts at rates of 10.000 DRK for 0.25 BTC) where another 15-20mn coins were to be issued?

3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey

You contradict yourself. First you say only dev and friends did the instamine, then you say "they decided to turn their instamine" - when the engagement for the decision involved much more than 3-4-5-10 persons. Actually the vote was >100 persons:

https://bitcointalk.org/index.php?topic=525093.0

Why would 80% of the people agree to having a problematic distribution? THINK HARD.

The answer is because the initial distribution had changed through the marketplace. Something that you omit from your "facts", intentionally, pretending the 50% distribution held true at the time of the decision.

LOL yep majority of miners are linux, no windows miners on here.

Even if true does not change the fact only a handfull of wallets sucked up all the coins

Accelerated mining which is stated on the OP and fair for everyone to have a chance at mining in they want to is not the same thing at all.

Excuses and justifcation can not change the facts.

[r0ach]

Darkcoin is a bogus coin.  There is not one single coin in the top 100 besides Darkcoin that launched with block rewards "accidentally" set 10x higher than they should be.  The closest thing is "GPUcoin", where they failed 5 launches in a row and just kept relaunching it over and over.

[Kergekoin]

Darkcoin is a bogus coin.  There is not one single coin in the top 100 besides Darkcoin that launched with block rewards "accidentally" set 10x higher than they should be.  The closest thing is "GPUcoin", where they failed 5 launches in a row and just kept relaunching it over and over.

No. It was just an honest mistake, done by extremely professional developer. They tested code and all, but somehow instamine happened with only "the most popular" Linux client available.
Later on a second honest mistake happened by hardforking darkcoin and making subsidy 10 times smaller.
No scam! Only honest mistakes.

[Hippie Tech]

Darkcoin is a bogus coin.  There is not one single coin in the top 100 besides Darkcoin that launched with block rewards "accidentally" set 10x higher than they should be.  The closest thing is "GPUcoin", where they failed 5 launches in a row and just kept relaunching it over and over.

No. It was just an honest mistake, done by extremely professional developer. They tested code and all, but somehow instamine happened with only "the most popular" Linux client available.
Later on a second honest mistake happened by hardforking darkcoin and making subsidy 10 times smaller.
No scam! Only honest mistakes.

LMSAO If it was really "honest", he should have relaunched DRK.

You are an accessory to fraud.

[Vanderi]

Darkcoin is a bogus coin.  There is not one single coin in the top 100 besides Darkcoin that launched with block rewards "accidentally" set 10x higher than they should be.  The closest thing is "GPUcoin", where they failed 5 launches in a row and just kept relaunching it over and over.

No. It was just an honest mistake, done by extremely professional developer. They tested code and all, but somehow instamine happened with only "the most popular" Linux client available.
Later on a second honest mistake happened by hardforking darkcoin and making subsidy 10 times smaller.
No scam! Only honest mistakes.

LMSAO If it was really "honest", he should have relaunched DRK.

You are an accessory to fraud.

He was being ironic you muppet

[illodin]

You are an accessory to fraud.

He was being ironic you muppet

Can't expect reading comprehension from butthurt steamers.

[Ed4252]

I've moved my darkcoins to blackcoin..I think the bubble is about to begin just like it did with dc.

[DRobert]

why the big sell off. It seems I'm going to lose all my money after all.

I feel like a fucking retard now...

[Rux]

why the big sell off. It seems I'm going to lose all my money after all.

I feel like a fucking retard now...

thats because you are a retard! dont get me wrong, im not trying to be ass

big sell off?

 guys DRK just got STABILZED to 0.02 that need to happen

[CoinHeavy]

bump.

[bitcad4u]

we are just seeing a correction - this is far from the end of DRK - watch prices $20 next week ... fools cashing out will be sorry.

[Polycoin]

DarkSend being closed-source is a HUGE problem to anyone holding DRK.

How does one know that the devs aren't double spending their stash or just adding to their total stash and selling them?

If it is closed source this is then possible.

Hence why such a pump could happen.

Having a public-ledger that bitcoin and litecoin has is important to verify where coins came from. Otherwise what is the point of anonymity? Anyone can just send coins and then claim they never sent them to sell on an exchange? lol...how retarded is that?

+11111111111111111111111111111111111111111111111111111111111111111111111111

Darkcoin isnt closed source you retards. Even I, a troll, knows that.

Darksend is the only part of Darkcoin thats closed source and its going to be open source in less than a month.

Feel free to copy x11 algo, cause its fucking open source. You guys are a bunch of idiots.

[tupelo]

Lets hope there will not be too many bagholders left behind