DarkCoin Instamine Scam

[AdamWhite]

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?

[nsimmons]

What was dark coins value in the first 48hr window?

What is 2*10^6 * 0?

This is your argument, reconsider it.

[vrm86]

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.

[BCwinning]

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.

[nsimmons]

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

[solid12345]

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.

[MisO69]

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..

[choochimil]

At the time, premines were the thing.

[Sumo]

Are coin devs supposed to lay out their own money and time for free?

[PoS]

There is only two ways about either the darkcoin dev is incompetent or set out to scam from the word go.
https://bitcointalk.org/index.php?topic=979682.msg10689484#msg10689484

[AdamWhite]

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 ?

[Urlioman]

Are coin devs supposed to lay out their own money and time for free?

To steal or not to steal this is the question!