I'm hearing a lot of people who know fuck all about DRK in this thread. The guy who thinks other coins centralized mixing services will make DRK not stand out is hilarious.
DRK has mixing in the wallet. Anyone with 1000 DRK can host a masternode (and get paid for it) which does the mixing, there's going to be loads. You don't have to "trust" anyone with your money, no worry that the centralized mixing service won't be compromised. You know? There's even future plans for masternodes to provide services such as decentralized anon chat and page/market hosting.
The DRK instamine was an honest mistake, but most of the instamined coins have already been bought/sold and been exchanging hands all the way up. You can see the wealth distribution here:
http://chainz.cryptoid.info/drk/#!rich As you can see the top 100 hold 3x a bigger proportion as BTC (which is around 20%) which isn't too bad considering DRK probably has 300x less users.
Look at what our dev has accomplished so far, and he's working on it full time till Jan 2016.
This guy is REALLY funny:
1. dark has a HUGE instamine one of the biggest on the board - 50% roughly of all coins in existence were mined in 1 day by a handful of people.
True, but as I said most the instamined coins have changed hands multiple times as the price has been going up2. dark cut of their minting by 75% to enrich holders and stop future miners getting any coins
I'm still getting 1 a day , and it wasn't to enrich holders, it was to make it more similar to BTC scarcity. When they cut the coins the value didn't increase at all, did it?3. dark is pump and dump
Looks more like pump and pump. Us DRK fans actually WANT the price to drop so we can buy more. Well I do atleast. I've got £1k ready for incase it ever sees <0.02 again 4. every coin will be anon in a month in some form so drk won't stand out.
Developer constantly upgrading, there's way more to come. Also, centralized mixing services where the owner may steal your coin, or be sending info to authorities? Or be hacked and not realize it? No thanks.5. if you watched the US hearings their number 1 message was " we will never allow or tolerate any anon crypto" so what business is going to risk dealing with it.
Now THIS is the biggest load of shit you've said yet. They've said they don't care about anon crypto, AS LONG as the exchanging of FIAT to CRYPTO and CRYPTO to FIAT is regulated, they don't care. Authorities won't ban just 1 coin or a few, to them crypto is crypto they don't care what name it has, it's all going to be regulated the same way. To the authorities, if 1 is anonymous, all of them are.6. never listen to dark shills ... of course they will tell you their coin is the best thing ever.
This guy clearly doesn't know why Bitcoin originally gained its massive value and the potential Darkcoin has
.
Oh also the other serious anon coin contenders... We have zerocoin which is backed by the US army and whose dev have said they will install backdoors in the software. Not to mention the first ever transaction holder can create coin out of thin air. Wonder who that's gona be?
Then we have DarkWallet (which does look interesting but...) has centralized mixing, plus it's a browser add-on. The average joe's browser is pretty insecure, and I wouldn't trust my coins on a browser extension I don't think.
Anyway, when DRK reaches the value of LTC, which is will, and it will overtake it. DRK will be $70 each when it matches LTC's value. I can't wait.
LTC is just a faster Bitcoin, originally built to be ASIC resistant. Not the case anymore, so it has no real features really.
But I really think LTC will hold its value though because it's so established in the market, plenty of merchants accept it, and it's a coin used on most exchanges as a way of buying low-valued altcoins (coins with less than 0.00000010 value). And it'll likely never lose its place there in the market.