AdamWhite (OP)
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March 12, 2015, 03:38:44 PM |
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Does anyone else think the 2+ million coin instamine in the first 48 hours is a disgrace to everything crypto is supposed to stand for?
The darkcoin fanboys don't seem to think it's a problem. They're quick to point out that the project needed funding, but the official explanation is that the instamine was an accident. Seems like a fraudulent way of going about funding a project.
Is darkcoin a good buy, or is the project doomed because of the shady start?
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nsimmons
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March 12, 2015, 03:58:02 PM |
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What was dark coins value in the first 48hr window?
What is 2*10^6 * 0?
This is your argument, reconsider it.
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vrm86
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March 12, 2015, 04:00:17 PM |
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I'd not invest a satoshi in DRK unless I would know exact time of the final dump. What was dark coins value in the first 48hr window?
What is 2*10^6 * 0?
This is your argument, reconsider it.
Main assumption of insta-/premine is that coin will reach any value in near future.
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BCwinning
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March 12, 2015, 04:04:11 PM |
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Does anyone else think the 2+ million coin instamine in the first 48 hours is a disgrace to everything crypto is supposed to stand for?
The darkcoin fanboys don't seem to think it's a problem. They're quick to point out that the project needed funding, but the official explanation is that the instamine was an accident. Seems like a fraudulent way of going about funding a project.
Is darkcoin a good buy, or is the project doomed because of the shady start?
I do and I also think the masternode is another scam. It seems the coin is self destructing though so don't worry about it.
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nsimmons
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March 12, 2015, 04:12:15 PM |
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I'd not invest a satoshi in DRK unless I would know exact time of the final dump. What was dark coins value in the first 48hr window?
What is 2*10^6 * 0?
This is your argument, reconsider it.
Main assumption of insta-/premine is that coin will reach any value in near future. 2*10^6 * 0 = 0
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solid12345
Legendary
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Activity: 1246
Merit: 1000
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March 12, 2015, 05:01:38 PM |
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What was dark coins value in the first 48hr window?
What was the value of Bytecoin when they mined their own coin for 2 years? Nothing. But somehow they get grief and Darkcoin doesn't. By the way what was the value of those Dark coins within a few days and weeks of hitting the exchange? As much as a dollar in some cases, absurdly high for a generic coin that did nothing at the time.
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MisO69
Legendary
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Activity: 1946
Merit: 1005
My mule don't like people laughing
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March 12, 2015, 05:35:28 PM |
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Does anyone else think the 2+ million coin instamine in the first 48 hours is a disgrace to everything crypto is supposed to stand for?
The darkcoin fanboys don't seem to think it's a problem. They're quick to point out that the project needed funding, but the official explanation is that the instamine was an accident. Seems like a fraudulent way of going about funding a project.
Is darkcoin a good buy, or is the project doomed because of the shady start?
Don't forget, no windows wallet at launch. So only dev and linux buddies insta-mined this one. Block reward was wrong at launch from what the op stated. It was 10x more. gee..
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choochimil
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March 12, 2015, 05:39:36 PM |
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At the time, premines were the thing.
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Sumo
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March 12, 2015, 08:59:37 PM |
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Are coin devs supposed to lay out their own money and time for free?
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AdamWhite (OP)
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March 12, 2015, 09:13:17 PM |
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Are coin devs supposed to lay out their own money and time for free?
So the correct way to raise funds is instamine 50% of the coin and claim is was due to a bug in KGW ?
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Urlioman
Newbie
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Activity: 8
Merit: 0
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March 13, 2015, 01:24:44 PM |
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Are coin devs supposed to lay out their own money and time for free?
To steal or not to steal this is the question!
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