Thomas-s
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May 28, 2014, 10:21:17 PM |
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The distribution in that coin is sick. There are bagholders with 200-300k bragging in the forum. What are people expecting when buying? At market cap of >10mn has to top at some point. Some of the fundamentals are there (dev seems qualified) and some seem lacking and that's not good because it'll attract attention that it doesn't want to. "oh, so what? you are just a centralized mixer... that's not very anonymous". The only thing that exists is a basic mixer like DarkSend pre-alpha status - and even this is controlled with cmd, not gui. The rest are "in development" for 3weeks / a month ahead+. It's not decentralized btw. Decentralization is a future plan (rev 2.0) as is strong anonymity (aiming NSA-proof levels). Of course, even the current implementation is closed-source for obvious reasons (=>avoiding copycats). The "sugar" in the implementation is the network expertise of the dev to add encrypted communication - something that DarkSend has plans for. The application platform through the network and its supernodes are stuff like encrypted messaging systems built-in with the wallet - which might even extend to mobile devices. Essentially the dev is giving a vote of confidence to the DRK model by adopting a lot of its aspects (on paper at least - because in implementation its not done) but doing the POS spinoff to be "first POS anon" and spicing it up with network encryption. Competition is good because it allows better focus on the job at hand. The anonymous / private market will have a good marketcap, so there is plenty of room for clones, imitators, spinoffs, new entrants, second/third generation coins with anonymity etc. If even 10% of the transactions go private/anonymous, we are talking about a market of 700mn marketcap shared between anon coins. We are running close to 1% of the transparent market right now (all anon coins combined) and that with problems (BCN & clones) and projects in development (DRK, X11coin etc). There's much more to come I believe for the whole market, but every single solution must mature. lmao@ Darkcoin shills getting mad their instamined shitcoin dies.
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Teka
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May 28, 2014, 10:22:55 PM |
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Hi Thomas, I understand your passion and that you might be upset but please don't call out particular coins. I would just like to keep this community peaceful, if you believe it's fud and something that has been answered before, ignore it. Same goes with anyone else. Daniel, Community Manager
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Junkey
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May 28, 2014, 10:23:25 PM |
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The distribution in that coin is sick. There are bagholders with 200-300k bragging in the forum. What are people expecting when buying? At market cap of >10mn has to top at some point. Some of the fundamentals are there (dev seems qualified) and some seem lacking and that's not good because it'll attract attention that it doesn't want to. "oh, so what? you are just a centralized mixer... that's not very anonymous". The only thing that exists is a basic mixer like DarkSend pre-alpha status - and even this is controlled with cmd, not gui. The rest are "in development" for 3weeks / a month ahead+. It's not decentralized btw. Decentralization is a future plan (rev 2.0) as is strong anonymity (aiming NSA-proof levels). Of course, even the current implementation is closed-source for obvious reasons (=>avoiding copycats). The "sugar" in the implementation is the network expertise of the dev to add encrypted communication - something that DarkSend has plans for. The application platform through the network and its supernodes are stuff like encrypted messaging systems built-in with the wallet - which might even extend to mobile devices. Essentially the dev is giving a vote of confidence to the DRK model by adopting a lot of its aspects (on paper at least - because in implementation its not done) but doing the POS spinoff to be "first POS anon" and spicing it up with network encryption. Competition is good because it allows better focus on the job at hand. The anonymous / private market will have a good marketcap, so there is plenty of room for clones, imitators, spinoffs, new entrants, second/third generation coins with anonymity etc. If even 10% of the transactions go private/anonymous, we are talking about a market of 700mn marketcap shared between anon coins. We are running close to 1% of the transparent market right now (all anon coins combined) and that with problems (BCN & clones) and projects in development (DRK, X11coin etc). There's much more to come I believe for the whole market, but every single solution must mature. lmao@ Darkcoin shills getting mad their instamined shitcoin dies. Keep the thread civil plz.
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 28, 2014, 10:24:27 PM |
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The distribution in that coin is sick. There are bagholders with 200-300k bragging in the forum. What are people expecting when buying? At market cap of >10mn has to top at some point. Some of the fundamentals are there (dev seems qualified) and some seem lacking and that's not good because it'll attract attention that it doesn't want to. "oh, so what? you are just a centralized mixer... that's not very anonymous". The only thing that exists is a basic mixer like DarkSend pre-alpha status - and even this is controlled with cmd, not gui. The rest are "in development" for 3weeks / a month ahead+. It's not decentralized btw. Decentralization is a future plan (rev 2.0) as is strong anonymity (aiming NSA-proof levels). Of course, even the current implementation is closed-source for obvious reasons (=>avoiding copycats). The "sugar" in the implementation is the network expertise of the dev to add encrypted communication - something that DarkSend has plans for. The application platform through the network and its supernodes are stuff like encrypted messaging systems built-in with the wallet - which might even extend to mobile devices. Essentially the dev is giving a vote of confidence to the DRK model by adopting a lot of its aspects (on paper at least - because in implementation its not done) but doing the POS spinoff to be "first POS anon" and spicing it up with network encryption. Competition is good because it allows better focus on the job at hand. The anonymous / private market will have a good marketcap, so there is plenty of room for clones, imitators, spinoffs, new entrants, second/third generation coins with anonymity etc. If even 10% of the transactions go private/anonymous, we are talking about a market of 700mn marketcap shared between anon coins. We are running close to 1% of the transparent market right now (all anon coins combined) and that with problems (BCN & clones) and projects in development (DRK, X11coin etc). There's much more to come I believe for the whole market, but every single solution must mature. lmao@ Darkcoin shills getting mad their instamined shitcoin dies. I'm hoping every single coin on the anon market does great. I have all of them but I'm not pretending any of them is perfect. The price is running ahead of the fundamentals. Through competition we'll get the best bang for our $$$ by each solution evolving to match the other at points it is lacking.
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Ezravdb
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May 28, 2014, 10:25:17 PM |
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Tomorrow Namecoin.
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studio1one
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May 28, 2014, 10:25:49 PM |
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ATCSecure
my man, you are on the edge here. Right on the edge.
Walking the tight rope.....
If you need dev help to deliver what you say when you say then get it, pay whoever you need. A small investment now will reap big benefits.
Failure is not an option for you, you've created a monster, you need to keep it alive, it's still fragile.
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ReRunRod
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May 28, 2014, 10:26:02 PM |
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Tomorrow Namecoin.
A day at a time 
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ibfragalot2
Full Member
 
Offline
Activity: 126
Merit: 100
First account stolen, in traditional BCT fashion!
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May 28, 2014, 10:26:19 PM |
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Good to see some gentlemanly behavior around here then 
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mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
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May 28, 2014, 10:26:23 PM |
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The distribution in that coin is sick. There are bagholders with 200-300k bragging in the forum. What are people expecting when buying? At market cap of >10mn has to top at some point. Some of the fundamentals are there (dev seems qualified) and some seem lacking and that's not good because it'll attract attention that it doesn't want to. "oh, so what? you are just a centralized mixer... that's not very anonymous". The only thing that exists is a basic mixer like DarkSend pre-alpha status - and even this is controlled with cmd, not gui. The rest are "in development" for 3weeks / a month ahead+. It's not decentralized btw. Decentralization is a future plan (rev 2.0) as is strong anonymity (aiming NSA-proof levels). Of course, even the current implementation is closed-source for obvious reasons (=>avoiding copycats). The "sugar" in the implementation is the network expertise of the dev to add encrypted communication - something that DarkSend has plans for. The application platform through the network and its supernodes are stuff like encrypted messaging systems built-in with the wallet - which might even extend to mobile devices. Essentially the dev is giving a vote of confidence to the DRK model by adopting a lot of its aspects (on paper at least - because in implementation its not done) but doing the POS spinoff to be "first POS anon" and spicing it up with network encryption. Competition is good because it allows better focus on the job at hand. The anonymous / private market will have a good marketcap, so there is plenty of room for clones, imitators, spinoffs, new entrants, second/third generation coins with anonymity etc. If even 10% of the transactions go private/anonymous, we are talking about a market of 700mn marketcap shared between anon coins. We are running close to 1% of the transparent market right now (all anon coins combined) and that with problems (BCN & clones) and projects in development (DRK, X11coin etc). There's much more to come I believe for the whole market, but every single solution must mature. lmao@ Darkcoin shills getting mad their instamined shitcoin dies. I'm hoping every single coin on the market does great. I have all of them but I'm not pretending any of them is perfect. The price is running ahead of the fundamentals. Not really. DRK is tanking, XC is rising. It's quite obvious that the market is dumping their DRK for XC as they recognise it's a superior protocol with greater future prospects.
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Ezravdb
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May 28, 2014, 10:26:31 PM |
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I dont see why this cant have the same cap as DRK
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Teka
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May 28, 2014, 10:27:13 PM |
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I'm hoping every single coin on the anon market does great. I have all of them but I'm not pretending any of them is perfect. The price is running ahead of the fundamentals. To be clear about the distribution, some of these are exchanges. I have been contact by several big holders and all of them are giving us great ideas/ or are a working on projects.
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dida
Legendary
Offline
Activity: 1190
Merit: 1000
SoNiC BooM
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May 28, 2014, 10:27:57 PM |
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Mxrider420z
Sr. Member
  
Offline
Activity: 632
Merit: 289
World Republic Team ★ Portuguese/BR
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May 28, 2014, 10:28:25 PM |
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It´s nice to see that our coin is doing good.
Can someone point out the multipool options we have that pays in XC?
With us servers if possible.
Thank you
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 28, 2014, 10:28:45 PM |
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Not really. DRK is tanking, XC is rising. It's quite obvious that the market is dumping their DRK for XC as they recognise it's a superior protocol with greater future prospects.
Perhaps you are right. Or perhaps it's someone understanding the implications of the anonymous market and its size, investing anyway despite the deficiencies of the existing coins.
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dodgecharger
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May 28, 2014, 10:29:05 PM |
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OMG  go to 500k sat having a heart attack here 
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studio1one
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May 28, 2014, 10:30:31 PM |
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Not really. DRK is tanking, XC is rising. It's quite obvious that the market is dumping their DRK for XC as they recognise it's a superior protocol with greater future prospects.
Perhaps you are right. Or perhaps it's someone understanding the implications of the anonymous market and its size, investing anyway despite the deficiencies of the existing coins. This. People are gambling on future funcitonality because of the potential rewards. Everyone wants a slice of the anon market. No one will come out and say it or like to admit it but s**kr**d is at the back of everyones mind because of the boost it made to BTC back in the day.
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dida
Legendary
Offline
Activity: 1190
Merit: 1000
SoNiC BooM
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May 28, 2014, 10:30:45 PM |
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OMG  go to 500k sat having a heart attack here  on Cryptsy : 0.00550000 
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cyberhacker
Legendary
Offline
Activity: 1330
Merit: 1000
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May 28, 2014, 10:31:37 PM |
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i am sick of altcoins now  i am only in xc, which is google protocol.
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 28, 2014, 10:32:15 PM |
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Is there a whitepaper?
Whitepaper:  
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CrymsonCoin16
Member

Offline
Activity: 61
Merit: 10
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May 28, 2014, 10:33:21 PM |
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OMG  go to 500k sat having a heart attack here  on Cryptsy : 0.00550000  0.0057000 meanwhile mintpal is trying to catch up haha
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