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Topic: A question about the release of Darkcoin/Dashcoin - page 5. (Read 4039 times)

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
The supply reduction would make it easier to sell all the ninja mined coins if you cynically think about it.  
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
^ What's with the supply reduction?  And how can they do that in the middle of the game?  That's not good if you're trying to set up a 'currency'.  I mean...  wtf dude?

Ninja-instamine wasn't enough he felt that lowering the overall supply of the coin a few weeks later was a better idea than just leaving it as how it started.

Real solid/Coinhunter of solidcoin did this and that guy is a well known scammer.

I suspect the same will come of Evan in the future.
legendary
Activity: 3444
Merit: 1061
haha illodin(DASH story) and me(dashcoin story) both answered HAHA

I blame evan duffield for this confusion  Grin
hero member
Activity: 966
Merit: 1003
Cool thread, haven't seen these matters discussed anywhere ever before.  Roll Eyes

^ What's with the supply reduction?  And how can they do that in the middle of the game?  That's not good if you're trying to set up a 'currency'.  I mean...  wtf dude?

Apparently the users and miners approved as they followed the fork, so that's how "they can do that". There are already hundreds of coins that do things the orthodox way, you're welcome to choose those if Dash isn't to your liking.
legendary
Activity: 3444
Merit: 1061
^ What's with the supply reduction?  And how can they do that in the middle of the game?  That's not good if you're trying to set up a 'currency'.  I mean...  wtf dude?

supply reduction is 10000 to 1 ... your 10,000 coins becomes 1 ....distribution wise - nothing is altered.

the objective of supply reduction is not to reach 1 satoshi - that may kill the coin in the exchanges once it hits BTC-DSH trading.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
^ What's with the supply reduction?  And how can they do that in the middle of the game?  That's not good if you're trying to set up a 'currency'.  I mean...  wtf dude?
legendary
Activity: 3444
Merit: 1061
Edited my post to...

Dash was ninja mined by the dev himself.  I say good job to that.  Long term success sacrificed for short term gain.  That says a lot about the dev.

It could be good for you if you know how to trade and profit from it.  If you're a miner, I'm not sure if it's profitable for a newcomer to mine it.

tried to mine it march, 2014 it was too late LOL
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Edited my post to...

Dash was ninja mined by the dev himself.  I say good job to that.  Long term success sacrificed for short term gain.  That says a lot about the dev.

It could be good for you if you know how to trade and profit from it.  If you're a miner, I'm not sure if it's profitable for a newcomer to mine it.
legendary
Activity: 1190
Merit: 1000
Dash was ninja mined by the dev himself.  I say good job to that.
Obviously it's good for them, but is it good for me?
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Dash was ninja mined by the dev himself.  I say good job to that.  Long term success sacrificed for short term gain.  That says a lot about the dev.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
I'm not sure about the early release but the poor early distribution is what most people have issues with:


legendary
Activity: 1190
Merit: 1000
I am a bit skeptical of Dash, but I've been wrong before and I could be wrong about Dash. So, I have a question.
IIUC when Darkcoin/Dash was first released Evan Duffield told people that mining would start at a certain time. However (and again this is my understanding and I could be wrong), Evan then went and issued it early with the result that miners who had believed it would be released as he had said missed the early mining stage when many (?) coins were released/mined.

Is this correct, or have I been misled?

If it is correct , did Evan Duffield ever explain why, the release time was moved?
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