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Author Topic: Darkcoin - Will it rise again?  (Read 5538 times)
ndnh (OP)
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August 24, 2014, 06:34:03 AM
 #1

Darkcoin had fallen sharply from 0.01BTC some time before to a low price of around 0.004 BTC (less than 2$) and has slightly gained since then

So, do u think darkcoin will rise far more than before or do u think it will fall and just become one of the numerous unwanted altcoins here?

Why do u think drk fell?
I had thought it was because of CLOAK as some news items i read cliamed, but as i see it, cloak has also dropped very low.

Please share your opinions
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 24, 2014, 06:56:36 AM
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Bitcoin was falling sharply and it's my opinion that a bunch of people dumped DRK, CLOAK etc in order to buy into cheap Bitcoin.

As for DRK, it's been falling steadily since it's peak and I believe it will continue on that trend until a new floor is established possibly around 300k.

BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT
LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV
DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
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August 24, 2014, 07:09:41 AM
 #3

who knows, might recover, maybe not

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August 24, 2014, 07:31:19 AM
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Bitcoin was falling sharply and it's my opinion that a bunch of people dumped DRK, CLOAK etc in order to buy into cheap Bitcoin.

As for DRK, it's been falling steadily since it's peak and I believe it will continue on that trend until a new floor is established possibly around 300k.

wut? when you dump other coins you get bitcoin directly , there is no need to buy bitcoin
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August 24, 2014, 07:36:53 AM
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No

Very few alt coins ever recover from the initial peak and subsequent fall.

~BCX~
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August 24, 2014, 07:41:41 AM
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Bitcoin was falling sharply and it's my opinion that a bunch of people dumped DRK, CLOAK etc in order to buy into cheap Bitcoin.

As for DRK, it's been falling steadily since it's peak and I believe it will continue on that trend until a new floor is established possibly around 300k.

wut? when you dump other coins you get bitcoin directly , there is no need to buy bitcoin

You're right, I wasn't all that clear.  Dump DRK -> Dump BTC for USD.  Buy back BTC at the new low.  DRK can also be dumped for USD directly.

BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT
LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV
DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
ndnh (OP)
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August 24, 2014, 07:46:48 AM
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Are there other altcoins like DRK that mixes funds for anonymity?
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August 24, 2014, 08:44:21 AM
 #8

No
Very few alt coins ever recover from the initial peak and subsequent fall.

~BCX~
And exactly why wouldn't DRK be an exception here?
Why wouldn't DRK be among those few alt coins that have recovered. We can't really know that the next rally won't carry these coins to a new high. Besides DRK is far from the cap that it has reached in the past.

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August 24, 2014, 08:47:36 AM
 #9

of course darkcoin will not rise again come on LOL, it doesnt matter if LaudaM pray all day ofc its not gonna happen (the obvious is obvious).

max is 5$ will never go beyond that again Cheesy

~CfA~

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August 24, 2014, 09:02:51 AM
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DRK's fate is that of many others.

DRK's fate is going be same like BCX's... it will die and nobody will ever care about it again cuz it was insignificant for the world.

~CfA~

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August 24, 2014, 09:26:00 AM
 #11

Just stating fact.
The ereason the next "rally" of DRK or any coin for that matter will never bring it back is simply the first pumps are the highest and most successful. Too many people holding will dump at the slightest perceived rise.

DRK's fate is that of many others.
Treading water and slowly sinking into DOGE territory.


~BCX~
I didn't mean the next rally of DRK or any coin by specific. I meant the next crypto rally, just like last time. Bitcoin skyrocketed and so did many useless altcoins. I remember having bought SBC for 0.2BTC some time later, at that rally it was worth up to 9.5BTC!
You can't make a rule general, there have to be some exceptions.

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August 24, 2014, 10:26:11 AM
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Unless they do something really innovative and break through, I do not see them coming back again.

Competition among anon coins are high, that confuse potential investor and make them invest in asset type coin like Nxt and Nem.
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August 24, 2014, 06:15:11 PM
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its now giving way to a real anonymous coin (cryptonote-based) XMR/Monero.

xmr's block chain is being tested by a bloat attacker. lets hope it gets the tx fees up to slow down the attack.

DRK is still in RC stage, so its still not yet seen its fate one way or the other.

However, I was taken back by the announcement to have an alternative to TOR running through their master nodes. that is interesting. if they can pull it off, they can use the darkcoins as a source of payment and that would bring new money into all crypto, even Bitcoin. it would also create demand for their currency.
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August 24, 2014, 06:32:39 PM
 #14

its now giving way to a real anonymous coin (cryptonote-based) XMR/Monero.

xmr's block chain is being tested by a bloat attacker. lets hope it gets the tx fees up to slow down the attack.

We already did and the network was back to normal as of ~16 hours ago:) Emergency fix was built, tested, and deployed by major pools and exchanges within 6 hours of noticing the attack.

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August 24, 2014, 06:33:43 PM
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its now giving way to a real anonymous coin (cryptonote-based) XMR/Monero.

xmr's block chain is being tested by a bloat attacker. lets hope it gets the tx fees up to slow down the attack.

DRK is still in RC stage, so its still not yet seen its fate one way or the other.

However, I was taken back by the announcement to have an alternative to TOR running through their master nodes. that is interesting. if they can pull it off, they can use the darkcoins as a source of payment and that would bring new money into all crypto, even Bitcoin. it would also create demand for their currency.
They've already increased the fees to .1 XMR, which is kind of insane. Temporary, but still insanely high.
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August 24, 2014, 06:35:20 PM
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Yes, sending around 10k XMR for 18 usd cent is so insane.

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August 24, 2014, 06:36:50 PM
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Yes, sending around 10k XMR for 18 usd cent is so insane.
Except that the majority of people have only small amounts, and a fee of .1 XMR to send say 1 XMR is not practical.
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August 24, 2014, 07:27:30 PM
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Yes, sending around 10k XMR for 18 usd cent is so insane.
Except that the majority of people have only small amounts, and a fee of .1 XMR to send say 1 XMR is not practical.

Yeah but hopefully they'll be ok not needing to send $1.85 around for the few weeks we need to roll out a permanent fix:)

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August 24, 2014, 07:29:57 PM
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Yes, sending around 10k XMR for 18 usd cent is so insane.
Except that the majority of people have only small amounts, and a fee of .1 XMR to send say 1 XMR is not practical.

Yeah but hopefully they'll be ok not needing to send $1.85 around for the few weeks we need to roll out a permanent fix:)
How many MB were added to the blockchain as a result of the attack?
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August 24, 2014, 07:51:58 PM
 #20

Yes, sending around 10k XMR for 18 usd cent is so insane.
Except that the majority of people have only small amounts, and a fee of .1 XMR to send say 1 XMR is not practical.

Yeah but hopefully they'll be ok not needing to send $1.85 around for the few weeks we need to roll out a permanent fix:)
How many MB were added to the blockchain as a result of the attack?

22mb more than the August average.

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