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Author Topic: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation)  (Read 82585 times)
IloveAnonCoin (OP)
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May 22, 2014, 11:58:01 PM
 #321

Are you guys slow or just....

The dev doesn't have anywhere near 2milliion coins..10k at best

People who mined when the blocks were rigged to 500 instead of 50 on day one all have 100,000+, I've seen them talk about.  One guy claimed to have given away 50,000 and had tons more left.

As for how much the dev has, I would guess at least that many if not more.

This is the same for 99% of the coins (btc included) people who were here at the start mined more. What's the problem ? Oh yes there are no problem !

You sure 99% of the coins including Bitcoin same as Dark ?
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May 23, 2014, 12:35:33 AM
 #322

Are you guys slow or just....

The dev doesn't have anywhere near 2milliion coins..10k at best

People who mined when the blocks were rigged to 500 instead of 50 on day one all have 100,000+, I've seen them talk about.  One guy claimed to have given away 50,000 and had tons more left.

As for how much the dev has, I would guess at least that many if not more.

This is the same for 99% of the coins (btc included) people who were here at the start mined more. What's the problem ? Oh yes there are no problem !

You sure 99% of the coins including Bitcoin same as Dark ?

Bitcoin's main problem is the ongoing easymine.

The asic companies have been raping BTC for well over a year with their secret farms. This is why/how every generation of asic has little to no hope of ever achieving ROI.

The fatasses are leaving us with nothing but table scraps.

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May 23, 2014, 07:53:20 AM
 #323

Are you guys slow or just....

The dev doesn't have anywhere near 2milliion coins..10k at best

People who mined when the blocks were rigged to 500 instead of 50 on day one all have 100,000+, I've seen them talk about.  One guy claimed to have given away 50,000 and had tons more left.

As for how much the dev has, I would guess at least that many if not more.

This is the same for 99% of the coins (btc included) people who were here at the start mined more. What's the problem ? Oh yes there are no problem !

You sure 99% of the coins including Bitcoin same as Dark ?

Bitcoin's main problem is the ongoing easymine.

The asic companies have been raping BTC for well over a year with their secret farms. This is why/how every generation of asic has little to no hope of ever achieving ROI.

The fatasses are leaving us with nothing but table scraps.

You nailed it!
This is what will kill Bitcoin eventually.
Its a failed concept, just because of that.

And now they want to pull the same stunt again on Litecoin.
WON'T HAPPEN.

DRK and XRP will replace BTC and LTC.

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reRaise
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May 23, 2014, 08:34:13 AM
 #324

Are you guys slow or just....

The dev doesn't have anywhere near 2milliion coins..10k at best

People who mined when the blocks were rigged to 500 instead of 50 on day one all have 100,000+, I've seen them talk about.  One guy claimed to have given away 50,000 and had tons more left.

As for how much the dev has, I would guess at least that many if not more.

This is the same for 99% of the coins (btc included) people who were here at the start mined more. What's the problem ? Oh yes there are no problem !

You sure 99% of the coins including Bitcoin same as Dark ?

Bitcoin's main problem is the ongoing easymine.

The asic companies have been raping BTC for well over a year with their secret farms. This is why/how every generation of asic has little to no hope of ever achieving ROI.

The fatasses are leaving us with nothing but table scraps.

You nailed it!
This is what will kill Bitcoin eventually.
Its a failed concept, just because of that.

And now they want to pull the same stunt again on Litecoin.
WON'T HAPPEN.

DRK and XRP will replace BTC and LTC.

A coin named Darkcoin and anonymous getting scam accusations and wanting to get wide spread adoption from merchants and businesses and accepted by regulators? Don't see it happening, also asics can be made for this coin aswell
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May 23, 2014, 09:36:01 AM
 #325

This is the same for 99% of the coins (btc included) people who were here at the start mined more. What's the problem ? Oh yes there are no problem !

False, you apparently can't get it through your head that block rewards were set to 500 instead of 50 for first day miners.  No other coins in the top 100 have anything going on like this.  Then to make the insta mine scam even worse, they then reduce total coin count from 80 mil to 20 mil afterwards so the people who mined on day one got everything.

+1, r0ach also lied. There are tons of post made by the Devs of darkcoin asking to Buy darkcoins

More like you lied.  There are posts from first day miners talking about how they got over 100,000 coins when block reward was scam set to 500 instead of 50 in the actual Darkcoin thread.

DRK and XRP will replace BTC and LTC.

This is a joke.  There's too many little kids on this board that don't understand the only reason Darkcoin went from .002 to where it is now is because the same pump and dump group that pumped Blackcoin and Cinnicoin is also pump and dumping Darkcoin.

People claiming "oh you're just mad you don't own a ton of Darkcoin and it went up", no, that's not the problem.  The problem is, a pump and dump group is forcing retarded coins into the top 10 so that others might eventually be forced to participate in them if they want anything to do with crypto.  It did not work with Blackcoin or Cinnicoin, it probably won't work with Darkcoin either, but there's always the possibility you will get stuck having to purchase some scam coin after they force market cap high enough.

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newbie378
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May 23, 2014, 11:47:52 AM
 #326


make money, f*ck bitches!

is goiing to be bigger than btc


DRk: XfkU3YXExdu2tEW8AhNt9EQkCtUrqNKB4C
tokyoghetto
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May 23, 2014, 11:59:33 AM
 #327


make money, f*ck bitches!

is goiing to be bigger than btc


DRk: XfkU3YXExdu2tEW8AhNt9EQkCtUrqNKB4C

Name:    newbie378
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you are a sockpuppet, cheerleading, begging shill and your opinion holds no weight here. Its people like you who helps scams like darkcoin be successful in scamming others.

There is a special place in hell for idiots like you.
Hippie Tech
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May 23, 2014, 12:21:18 PM
 #328

Are you guys slow or just....

The dev doesn't have anywhere near 2milliion coins..10k at best

People who mined when the blocks were rigged to 500 instead of 50 on day one all have 100,000+, I've seen them talk about.  One guy claimed to have given away 50,000 and had tons more left.

As for how much the dev has, I would guess at least that many if not more.

This is the same for 99% of the coins (btc included) people who were here at the start mined more. What's the problem ? Oh yes there are no problem !

You sure 99% of the coins including Bitcoin same as Dark ?

Bitcoin's main problem is the ongoing easymine.

The asic companies have been raping BTC for well over a year with their secret farms. This is why/how every generation of asic has little to no hope of ever achieving ROI.

The fatasses are leaving us with nothing but table scraps.

You nailed it!
This is what will kill Bitcoin eventually.
Its a failed concept, just because of that.

And now they want to pull the same stunt again on Litecoin.
WON'T HAPPEN.

DRK and XRP will replace BTC and LTC.

A coin named Darkcoin and anonymous getting scam accusations and wanting to get wide spread adoption from merchants and businesses and accepted by regulators? Don't see it happening, also asics can be made for this coin aswell

lolz'n at DRK and XRP or any "coin of the future". If this shitcoin epidemic isn't brought under control soon, the crypto(s) of the future will be one that is government issued. Shocked

problem - shitcoin and scams
reaction - screw cryptos !
solution - the nazis running our governments take complete control after the sheeple beg for it.

yuppers reRaise.

I guess flipme wasn't around last year when most were convinced that scrypt asics were impossible.

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May 23, 2014, 12:25:18 PM
 #329

Quote
lolz'n at DRK and XRP or any "coin of the future". If this shitcoin epidemic

Shitcoin. Seriously? Is the butthurt so strong?



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May 23, 2014, 01:56:04 PM
 #330

If a single darkcoin has a value of over 10$ now, think of where it would hav been if it wasn't instamined.
reRaise
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May 23, 2014, 02:02:22 PM
 #331

If a single darkcoin has a value of over 10$ now, think of where it would hav been if it wasn't instamined.

If it wasn't instamined i even doubt dark would raise in price because it's dev wouldn't have a big bag of dark coin to work for
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May 23, 2014, 02:04:04 PM
 #332

If a single darkcoin has a value of over 10$ now, think of where it would hav been if it wasn't instamined.

Lower - as with all coins killed by daily inflation.

The instamine worked great to provide sufficient market liquidity upfront, first miners were selling DRKs left and right for batches of 10.000 DRKs / 0.25 BTCs and thus the issuing rate / debasement rate of the next coins was better. Epic win.

Fast mining at the start => quick distribution at dirt cheap prices (nobody valued their instamined coins) => slow inflation next => good for price stability / increase.

DRK is issuing 2880 coins, BTC 3600 and LTC 28.800 coins per day.
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May 23, 2014, 02:31:16 PM
 #333

Nothing surprising in the statements made here. People who instamined dark and are now selling it as one of it's strong points. They'll pretty much sell any flaw as long as the pump and dump crew insure the pump.

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May 23, 2014, 03:14:27 PM
 #334

Nothing surprising in the statements made here. People who instamined dark and are now selling it as one of it's strong points. They'll pretty much sell any flaw as long as the pump and dump crew insure the pump.

exactly but whales are good at sucking in noobs with greed before dumping down hard on them. If you are holding drk now, have your finger poised over the sell button. Any second it could but slashed in value by 75% just like the minting was.

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May 23, 2014, 04:11:33 PM
 #335

Curecoin is way better than DRK.

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May 23, 2014, 05:05:17 PM
 #336

I honestly don't care that Darkcoin launched with no Windows QT, or that it launched as a CPU only coin and only the dev and his close henchmen rented a bunch of Amazon instances for it, I could get over a small thing like that.  What makes this coin a complete non-starter, is that the tiny group of people mining with large amounts of Amazon instances on day 1 also got block rewards of 500 instead of 50, and then he somehow thinks it's a good idea to design a pyramid scheme coin emission algorithm where the more hash you throw at the coin, the less block reward comes out.

Every single thing about this coin from the ground up is designed specifically to benefit day 1 miners and hurt people who come later, that is my problem with the coin.  The coin has only been out a few months, yet day 1 miners got 100 times more coins per block than someone mining now (500 vs 5), it's a complete joke.  People coming into a few months old PoW coin should still basically be on the ground floor, but everything about this coin is designed to screw people who didn't mine it the first day.

I don't believe that BS airdrop story.  If the developer was serious about having a legit coin, he could easily remove the pyramid scheme coin emission algorithm to make things at least slightly less scammy.  Block reward should be set to a flat rate instead of depending on amount of hashpower on the coin.

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May 23, 2014, 06:04:58 PM
 #337

...What makes this coin a complete non-starter....

Yo, a non starter.
REALLY, A TOTAL NON STARTER.

I hasn't even started, is that what you mean?

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May 23, 2014, 06:24:16 PM
Last edit: May 23, 2014, 07:23:34 PM by Amph
 #338

If a single darkcoin has a value of over 10$ now, think of where it would hav been if it wasn't instamined.

Lower - as with all coins killed by daily inflation.

The instamine worked great to provide sufficient market liquidity upfront, first miners were selling DRKs left and right for batches of 10.000 DRKs / 0.25 BTCs and thus the issuing rate / debasement rate of the next coins was better. Epic win.

Fast mining at the start => quick distribution at dirt cheap prices (nobody valued their instamined coins) => slow inflation next => good for price stability / increase.

DRK is issuing 2880 coins, BTC 3600 and LTC 28.800 coins per day.


in fact every coin that started with anti-instamine blocks are dead right now, it make you think about it..

but still i don't like instamine done by a single person/small group, instead instamine done by everyone(or large horde of miners)at start is good
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May 23, 2014, 06:45:19 PM
 #339

At any time, developers can bring down the course!
DARKCOIN - SCAM

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May 23, 2014, 06:52:13 PM
 #340

but still i don't like instamine done by a single person/small group, instead instamine done by everyone(or large horde of miners)at start is good

But that is the thing: It wasn't a single person (aka "the dev"). There was plenty of WTS 500 / 1000 / 10000 DRK for x.xx BTC from various people (at the start).

Quote
At any time, developers can bring down the course!

With the fictional 2mn coins of the airdrop that were never created because the airdrop never happened. Sure.

I don't think you are paying attention to DRK accumulation happening in the rich list since April and people are still talking about initial distribution. Millions have been bought. I'd be more worried with the #1 buyer in the richlist who owns like 314k (buying in batches through Mintpal), and others, who made the price from like 2-3mn market cap to over 60mn.


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