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

[ChekaZ]

I dont get it why people still buying this. Its really obvious that its scam.
Relaunch would have been way better after this "morecoinsbug" and no windows client @release.

[vonBerlichingen]

Drk will prevail.

[IloveAnonCoin]

Drk will prevail.fail

[IloveAnonCoin]

I dont get it why people still buying this. Its really obvious that its scam.
Relaunch would have been way better after this "morecoinsbug" and no windows client @release.

Relaunch would cost the devs the 50% coins they instamined.

at this price, it will be 22 million usd.

[prelsidente]

I dont get it why people still buying this. Its really obvious that its scam.
Relaunch would have been way better after this "morecoinsbug" and no windows client @release.

Relaunch would cost the devs the 50% coins they instamined.

at this price, it will be 22 million usd.

That really shows how much you understand a market. You can't sell that much coin, it would crash the market in no time. That's why a market cap is not indication of market value. Man, you have no idea what you are talking about.

[Kergekoin]

I dont get it why people still buying this. Its really obvious that its scam.
Relaunch would have been way better after this "morecoinsbug" and no windows client @release.

Relaunch would cost the devs the 50% coins they instamined.

at this price, it will be 22 million usd.

That really shows how much you understand a market. You can't sell that much coin, it would crash the market in no time. That's why a market cap is not indication of market value. Man, you have no idea what you are talking about.

Its all only theoretical assumptions until we have a proof if its was instamined by dev or not. Available evidence is clear, but theres certainly not enough to say that they are guilty.
Its a free world and everyone can have their own opinion if they want to deal with DRK or not.

[Amph]

I dont get it why people still buying this. Its really obvious that its scam.
Relaunch would have been way better after this "morecoinsbug" and no windows client @release.

Relaunch would cost the devs the 50% coins they instamined.

at this price, it will be 22 million usd.

That really shows how much you understand a market. You can't sell that much coin, it would crash the market in no time. That's why a market cap is not indication of market value. Man, you have no idea what you are talking about.

actually he can easily, by just selling small portions at a time

[provenceday]

http://www.reddit.com/r/Bitcoin/comments/2751e8/psa_dont_fall_for_darkcoins_deceiving_marketing/

https://bitcointalk.org/index.php?topic=560138.0
The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)


Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.

[Kergekoin]

24% of dark is theoretically 15M USD. Not bad for 10 wallets.
I´d be scared as hell, if i had 1.5 million USD in a single wallet. Secure and back it up like a grazy man.  

[illodin]

Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.

Sorry, but many of those large wallets are exchanges.

[IloveAnonCoin]

Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.

Sorry, but many of those large wallets are exchanges.

Not all ?

[illodin]

Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.

Sorry, but many of those large wallets are exchanges.

Not all ?

Rumor is the wallet #2 is some rich investor (at least compared to our regular crypto "whales") who's been accumulating all the way after drk started its surge a few weeks back. Names like Max Keiser and Satoshi Nakamoto have been mentioned.

[illodin]

Why are't the dark trolls staying in there dark cave, this is the bitcoin forum where truly ground breaking technology is discussed and not some copy of the coin and its developments like https://darkwallet.is/

Darkwallet is, a wallet. Darkcoin is a coin and a currency. Completely different things. Darkwallet requires extra steps and requires you to install and trust a browser plugin. This is ok for some use, but Darkcoin has all this and more built in - and much better anonymity and privacy. Also, Darkcoin has solved one of the big problems Bitcoin is having - Bitcoin's network is becoming more and more centralized because there is no incentive in hosting nodes, whereas Darkcoin's idea of giving a percentage of block rewards to nodes solves this problem.

[AlexGR]

Throwing money at this scam thing where a very small number of people have full control of events is crazy?

The whole hypothesis here is based on a single premise: Whoever mined DRK, ever, has never sold a single coin - and the distribution has remained fixed ever since. So there is nothing crazy because the buyers are factoring things that you don't factor-in, or ignore.

Newsflash: People sold tonz of coins. They sold at 0.00002, at 0.0001, at 0.002 and all the way up to 0.028.

Btw acquiring 100.000 DRKs would cost you 2.5 BTC in january and early february.

That's how the distribution happened.

[manfred]

That's how the distribution happened.

Lol, you have not seen daylight in yonks. The same people bought the coins not sold them, is this how the distribution works?



Let's summarize it for you

• 2 million instamined in 24 hours
• 1 million mined with extrem high block reward in the first month
• this instamined coins where then sold low to other accounts of themselves to keep miners away and difficulty down
• dev bought the coins by the bucked-load
• no windows/mac wallet or pools on release to keep people stranded in the dark
• max supply of 84mil was reduced to 22mil after a month or so
• large amount of trading with other accounts the darkscamers controlled to stir up attention
• wolla, scam finished, demand is high, supply all in the hand of the darkscamers and dumm fish are on the hook

dev knows 100% anonymity and ASIC resistance is just a gag

[nutildah]

Funny that no matter how much diarrhea gets thrown around here, you can't seem to drop the price of DRK.

Perhaps because its just diarrhea. It washes off easy with a lil soap. And what do you have after you wipe off the stinky FUD? One shiny new Darkcoin.

But if you're an idiot and only attracted to the surface of things, you will just see a coin covered with mudslingers poop. Then you sell them cheap to me.

Love you guys!   

[AlexGR]

Manfred: Miners mine, miners sell. Distribution occurs.

What's exactly your problem? That eduffield bought his own coin from the miners?

Oh yes, because that doesn't fit the theory that he instamined 2 million coins himself. For if he had, why buy from miners? According to that theory he not only instamined, but actually ...solo-mined the 100% of the coin... So there shouldn't be any miners... right. But there were (even cpu farms were on it), and they were also selling for cheap (100k DRKs for 2.5 BTC)

So why is the dev accused ? For buying coins from the miners? Such horror.

[Acidyo]

That's how the distribution happened.

Lol, you have not seen daylight in yonks. The same people bought the coins not sold them, is this how the distribution works?



Let's summarize it for you

• 2 million instamined in 24 hours
• 1 million mined with extrem high block reward in the first month
• this instamined coins where then sold low to other accounts of themselves to keep miners away and difficulty down
• dev bought the coins by the bucked-load
• no windows/mac wallet or pools on release to keep people stranded in the dark
• max supply of 84mil was reduced to 22mil after a month or so
• large amount of trading with other accounts the darkscamers controlled to stir up attention
• wolla, scam finished, demand is high, supply all in the hand of the darkscamers and dumm fish are on the hook

dev knows 100% anonymity and ASIC resistance is just a gag

How can you be so sure about everything you say?

[ondratra]

http://www.reddit.com/r/Bitcoin/comments/2751e8/psa_dont_fall_for_darkcoins_deceiving_marketing/

https://bitcointalk.org/index.php?topic=560138.0
The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)


Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.

Not commenting on instamine issue. Just want to say - plz you Windows users stop crying about not having wallet compiled... Just learn how to compile those wallets yourself from source like!!! You got to learn it once and then it's easy job for almost all other wallets.
First of all it's not compulsory for dev to compile such wallet but you even might install some virus pretending to be wallet and have no option of verifing from which source it was compiled (some dev may release whole coin just to let you install wallet that steals BTC/LTC/etc. wallets from your pc).

[slapper]

http://www.reddit.com/r/Bitcoin/comments/2751e8/psa_dont_fall_for_darkcoins_deceiving_marketing/

https://bitcointalk.org/index.php?topic=560138.0
The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)


Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.

Not commenting on instamine issue. Just want to say - plz you Windows users stop crying about not having wallet compiled... Just learn how to compile those wallets yourself from source like!!! You got to learn it once and then it's easy job for almost all other wallets.
First of all it's not compulsory for dev to compile such wallet but you even might install some virus pretending to be wallet and have no option of verifing from which source it was compiled (some dev may release whole coin just to let you install wallet that steals BTC/LTC/etc. wallets from your pc).

Fixed the font for you. But how do you defend these accusations:

1) The difficulty increased and keeps increasing everyday?
2) Duffeld didn't personally invite me to mine this coin.
3) When this thread was started Darkcoin was < $1. Why does valuation keep increasing?
4) The developer's information is public, but nameless trolls can pretend to be douchebags and shut their pie holes about actual scams taking place, if not outright participating in those scams?