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Author Topic: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation)  (Read 82585 times)
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May 24, 2014, 11:57:28 PM
 #401


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.
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May 25, 2014, 02:36:41 AM
 #402

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

I feel like a fucking retard now...


Im a BC'er, but from an outsider perspective, I HIGHLY DOUBT DC will crash, at least at for a good while.HOLD on DRK, im sure it will go back up. there is too much development atm for it to go down for a bit.
IF you dont feel comfortable, invest a percentage of what you hold there, and spread it into another investment(s).
for reason of conflict of interest, I will not suggest what to go into lol if you decide to.
good luck!
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May 25, 2014, 04:40:27 AM
 #403

tl;dr for this issue?

was darkcoin premined by the devs?
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May 25, 2014, 06:01:58 AM
Last edit: May 25, 2014, 06:20:38 AM by Kergekoin
 #404


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.

As long as any part of the code is not open source, anything can be expected.
So tell me, who is the retard now? Thats right. You are.

Anyway. DRK has much more serious problems than darksend being closed src. Darksend is going open sourced and this issue will be resolved.
Instamine and dev likely holding 50% of coins will never be solved, because no one knows how much they control the market. We can only analyze and guess by the movements and volume.
I always expect the worst cenario when it comes to trading with real values and money. This is one of the main reasons why stocks and commodities has been my main income for several years now. I would like to invest in a coin like DRK, but there are way too many unknowns. So i avoid it.

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illodin
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May 25, 2014, 08:57:33 AM
 #405

tl;dr for this issue?

was darkcoin premined by the devs?

No, there was no premine.

But I hope devs have mined enough so they can continue full time development at least for the 2 years they have committed to without financial worries. This is something most coins do not have.
r0ach
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May 25, 2014, 10:07:34 AM
 #406

No, there was no premine.

Whatever you want to call it, it's worse than a premine, no other coin in the top 100 had block rewards "accidentally" set 10x higher than they should be.

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IloveAnonCoin (OP)
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May 25, 2014, 02:20:04 PM
 #407

No, there was no premine.

Whatever you want to call it, it's worse than a premine, no other coin in the top 100 had block rewards "accidentally" set 10x higher than they should be.

I don't think it is "accidentally", just a plan.
foodies123
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May 25, 2014, 04:33:55 PM
 #408

you do know that right now darksend being closed source could be directing most if not all of the transactions to nodes owned by dev/team and then they just cut that out when they open source it, et voila they made a shitton of money and no one would ever know because ... closed source.

nope
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May 25, 2014, 04:36:50 PM
 #409

you do know that <bullshit follows>

1. Do a DarkSend to a specific address
2. Use blockchain explorer to that address to see the funds received in chunks through an obfuscated money flow
3. The money you sent is the exact money received.

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May 25, 2014, 04:48:42 PM
 #410

you do know that <bullshit follows>

1. Do a DarkSend to a specific address
2. Use blockchain explorer to that address to see the funds received in chunks through an obfuscated money flow
3. The money you sent is the exact money received.



but the masternodes that mix the coins and get the reward for it are whose ? you don't know because it's closed fucking source asshat.

nope
Polycoin
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May 25, 2014, 04:53:11 PM
 #411

you do know that <bullshit follows>

1. Do a DarkSend to a specific address
2. Use blockchain explorer to that address to see the funds received in chunks through an obfuscated money flow
3. The money you sent is the exact money received.



but the masternodes that mix the coins and get the reward for it are whose ? you don't know because it's closed fucking source asshat.

You're such a fucking retard foodies123, get an education.

Darkcoin is already fucking open sourced, Darksend is going to get Open Sourced within the month. I've seen plenty of threads by people who have masternodes asking how to set it up etc etc. The dev probably doesn't even have 1 masternode.

Does you're low IQ, retard head, not realize that this "closed source" is to stop clones from directly copying the coin's idea at the beginning?

Only a complete retard like you would open source your project at the beginning stages.
It's like inventing  a revolutionary technology(which darkcoin  is), and not patenting it, so others can just steal your work.

You're such a fucking retard, I may be a troll, but I have common sense.


-please excuse my cursing and obsene language staff, I just can't stand STUPID people like foodies who aren't pretending to be stupid, they really are-

Polycoin Troopers, Assemble!
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May 25, 2014, 05:04:31 PM
 #412

you do know that <bullshit follows>

1. Do a DarkSend to a specific address
2. Use blockchain explorer to that address to see the funds received in chunks through an obfuscated money flow
3. The money you sent is the exact money received.



but the masternodes that mix the coins and get the reward for it are whose ? you don't know because it's closed fucking source asshat.

You're such a fucking retard foodies123, get an education.

Darkcoin is already fucking open sourced, Darksend is going to get Open Sourced within the month. I've seen plenty of threads by people who have masternodes asking how to set it up etc etc. The dev probably doesn't even have 1 masternode.

Does you're low IQ, retard head, not realize that this "closed source" is to stop clones from directly copying the coin's idea at the beginning?

Only a complete retard like you would open source your project at the beginning stages.
It's like inventing  a revolutionary technology(which darkcoin  is), and not patenting it, so others can just steal your work.

You're such a fucking retard, I may be a troll, but I have common sense.


-please excuse my cursing and obsene language staff, I just can't stand STUPID people like foodies who aren't pretending to be stupid, they really are-

Is it that hard to cope with the concept ? While darksend is still closed source you have no clue how it directs coins to the masternodes. It is possible that it directs them to the dev's nodes making the dev alot of money. I didn't say this was happening I just said IT COULD BE HAPPENING if the dev was ill intended.

PS: lol at your spelling. Smiley)

nope
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May 25, 2014, 05:35:00 PM
 #413

You seemed to forget that attacking users won't get your really far. So you are against the freedom of directly copying other sources ? Where do you live in ? You seemed to forget that even NXT is open source now and there were still no real copy of it. Its not always someone wants to steal your idea.

Yeah well DRK has a precedent (X11, DGW) with like 30 coins, and some are bashing it because they want to clone darksend.

After using it / cloning it they will shit on Evan for being a "scammer" or a "useless dev" due to the launch so that they can promote how they are better with Evan's code but without "his 2mn darks" (which is the narative propagated through out-of-context quotes). This is SCAM MENTALITY by useless parasites.
Kergekoin
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May 25, 2014, 05:56:50 PM
 #414

You seemed to forget that attacking users won't get your really far. So you are against the freedom of directly copying other sources ? Where do you live in ? You seemed to forget that even NXT is open source now and there were still no real copy of it. Its not always someone wants to steal your idea.

Yeah well DRK has a precedent (X11, DGW) with like 30 coins, and some are bashing it because they want to clone darksend.

After using it / cloning it they will shit on Evan for being a "scammer" or a "useless dev" due to the launch so that they can promote how they are better with Evan's code but without "his 2mn darks" (which is the narative propagated through out-of-context quotes). This is SCAM MENTALITY by useless parasites.

Ouch. You must be holding a lot for defending this coin so eagerly.
Lets put all speculation a side and lets state the pure facts:



THE FACTS ABOUT DARK COIN

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

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

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


yes that is correct they mined 50% of all the coins available at this time by themselves in the first 24 hours whilst windows users could not mine.


That is the facts.... doesn't matter what else they say... nothing can change what they have done.

Once zero coin, or bytecoin with a decent wallet it released or another darkcoin clone is released.... dark coin will sink like a stone.



Every time they try to spam their coin just post this to remind them of the facts about their coin.

Everyone has the right for an opinion. Let them decide themselves.

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AlexGR
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May 25, 2014, 06:05:12 PM
 #415

Ouch. You must be holding a lot for defending this coin so eagerly.

You can't imagine.

Quote
Everyone has the right for an opinion. Let them decide themselves.

http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F
http://wiki.darkcoin.eu/wiki/FAQ#I_read_somone_who_wrote_that_50.25_of_the_coins_in_circulation_are_owned_by_the_devs
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May 25, 2014, 06:19:49 PM
 #416

Ouch. You must be holding a lot for defending this coin so eagerly.

You can't imagine.

Quote
Everyone has the right for an opinion. Let them decide themselves.

http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F
http://wiki.darkcoin.eu/wiki/FAQ#I_read_somone_who_wrote_that_50.25_of_the_coins_in_circulation_are_owned_by_the_devs


Quote

~2mn coins were issued in the first 48 hours due to problems with the difficulty readjustment. That represents approximately 10-15% of the total money supply that will ever be issued


lol, that ain't no instamine.

nope
AlexGR
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May 25, 2014, 07:16:20 PM
 #417

You seemed to forget that attacking users won't get your really far. So you are against the freedom of directly copying other sources ? Where do you live in ? You seemed to forget that even NXT is open source now and there were still no real copy of it. Its not always someone wants to steal your idea.

Yeah well DRK has a precedent (X11, DGW) with like 30 coins, and some are bashing it because they want to clone darksend.

After using it / cloning it they will shit on Evan for being a "scammer" or a "useless dev" due to the launch so that they can promote how they are better with Evan's code but without "his 2mn darks" (which is the narative propagated through out-of-context quotes). This is SCAM MENTALITY by useless parasites.


Well, maybe you are one of the parasite ? You are just forcing people to believe that you wont betray them as darkcoin has 50% control of the coin

Forcing?

Download the open source version without darksend and do your work without darksend. You have that option. You aren't forced to use the darksend-enabled binary.

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May 25, 2014, 07:31:55 PM
 #418

Now this quote makes you retarded now, what happens if your "darksend" will send us to the value down below 100statoshi ? Then i can trade my invested coins for penny prices ?

Never go full retard.
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May 25, 2014, 07:38:33 PM
 #419

lol

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May 25, 2014, 07:49:33 PM
 #420

Yeah Darkcoin's quite a scam alright. Just look at that scammy price action, totally reminds me of Shibecoin or Fartcoin or Bluecoin just compare their charts...

 Wink

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