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Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 122. (Read 810098 times)

hero member
Activity: 966
Merit: 1003
A temporary "reference node" isn't anymore centralized than a dev who releases a wallet that everyone downloads and starts to use. Only after a coin is at the stage where it doesn't depend on one developer it begins to be decentralized.
hero member
Activity: 854
Merit: 1000
As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.

The network is not stable without centralized reference nodes.  It's that simple.  Yes, there are other issues that need rectified, but that is the primary one.

We've been waiting for months and months for Evan to fix it and as of yet, he has not.  I haven't bought a Darkcoin in a long time because of this but have certainly sold some.  InstantX is awesome, but without a stable, decentralized network, it's useless.

When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.

What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.

And I honestly believe that he will. Evan has done a great job, but his methods are clunky and verge on being outdated.

He will.  The question is, will it be too late.

From a financial perspective it really doesn't matter to me either way because I am heavily invested in both coins.  But it's sure going to be fun to watch and I'd love to see Spreadcoin do well.

I don't think that'll even affect the price when the reference nodes are removed.

People simply don't care about that.

What you need to separate is the people who are emotionally invested in Darkcoin from those who invest objectively.  It's hard, because the emotional investors are invariably the most vocal and we're all prone to selection bias (hearing what we want to hear).  In the eyes of emotional investors, Evan and Darkcoin can do no wrong.  They will cheer when Darkcoin does well and support/defend it when it does not.  They will ride Darkcoin to the highs and they'll often hold the majority of their coins no matter how low it goes.  They will engage in cognitive dissonance like no other and often go, "All in".  While these type of people are important to any asset, they are what are often referred to as, "Dumb money".  Very few self-made investors fall into this class.  I've found that quite a few people who have inherited money fall into this class, however.

Then you have your objective investors.  These are the people who will not only kick the tires but check the tire pressure and bring in outside experts to provide them opinions on an asset.  They don't allow themselves to become overly emotionally invested in any asset.  These are your investors that will invest when your fundamentals are strong and kick you to the curb when they aren't.  It's nothing personal, it's simply logical business reasoning to them.

No objective investor is going to put a large sum of money into a coin that bills itself as anonymous when there is a centralized reference node and network instability without it.  And these are the people that would take a coin like Darkcoin to its all-time highs.

Want to know how to become an objective investor?  Take a deep breath and exhale (this is important as it activates your parasympathetic nervous system) and observe your reaction.  Observe that your initial REACTION to what I just typed was that it was bullshit and to immediately figure out how to prove me wrong or roll your eyes and ignore what I said with no additional thought.  Observe that and then play devil's advocate with yourself.  Ask yourself, "What if he is right?" and go from there.  Learn to respond instead of react.
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.

The network is not stable without centralized reference nodes.  It's that simple.  Yes, there are other issues that need rectified, but that is the primary one.

We've been waiting for months and months for Evan to fix it and as of yet, he has not.  I haven't bought a Darkcoin in a long time because of this but have certainly sold some.  InstantX is awesome, but without a stable, decentralized network, it's useless.

When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.

What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.

And I honestly believe that he will. Evan has done a great job, but his methods are clunky and verge on being outdated.

He will.  The question is, will it be too late.

From a financial perspective it really doesn't matter to me either way because I am heavily invested in both coins.  But it's sure going to be fun to watch and I'd love to see Spreadcoin do well.

I don't think that'll even affect the price when the reference nodes are removed.

People simply don't care about that.
hero member
Activity: 854
Merit: 1000
As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.

The network is not stable without centralized reference nodes.  It's that simple.  Yes, there are other issues that need rectified, but that is the primary one.

We've been waiting for months and months for Evan to fix it and as of yet, he has not.  I haven't bought a Darkcoin in a long time because of this but have certainly sold some.  InstantX is awesome, but without a stable, decentralized network, it's useless.

When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.

What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.

And I honestly believe that he will. Evan has done a great job, but his methods are clunky and verge on being outdated.

He will.  The question is, will it be too late.

From a financial perspective it really doesn't matter to me either way because I am heavily invested in both coins.  But it's sure going to be fun to watch and I'd love to see Spreadcoin do well.
sr. member
Activity: 406
Merit: 250
As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.

The network is not stable without centralized reference nodes.  It's that simple.  Yes, there are other issues that need rectified, but that is the primary one.

We've been waiting for months and months for Evan to fix it and as of yet, he has not.  I haven't bought a Darkcoin in a long time because of this but have certainly sold some.  InstantX is awesome, but without a stable, decentralized network, it's useless.

When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.

What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.

And I honestly believe that he will. Evan has done a great job, but his methods are clunky and verge on being outdated.
hero member
Activity: 854
Merit: 1000
As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.

The network is not stable without centralized reference nodes.  It's that simple.  Yes, there are other issues that need rectified, but that is the primary one.

We've been waiting for months and months for Evan to fix it and as of yet, he has not.  I haven't bought a Darkcoin in a long time because of this but have certainly sold some.  InstantX is awesome, but without a stable, decentralized network, it's useless.

When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.

What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.
legendary
Activity: 1092
Merit: 1000
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.



Yes, but the pump of InstantX is all gone.

No, it's just started.

Once exchanges get their heads around using IX properly, there will be a steady flow of new adopters and then news, and then price rises.

Well I will be curious to see how it works and very interested.

Its good for spread really.

Exchanges and merchants will have already dealt with IX tech and should be able to implement SPR IX no prob.

Yes and no. InstantX is temporary. There is a lot of chatter going on about furthering that project.

Really? I've missed that..

What are the future plans for IX? And  who is talking about changing it?

Thx
sr. member
Activity: 406
Merit: 250
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.



Yes, but the pump of InstantX is all gone.

No, it's just started.

Once exchanges get their heads around using IX properly, there will be a steady flow of new adopters and then news, and then price rises.

Well I will be curious to see how it works and very interested.

Its good for spread really.

Exchanges and merchants will have already dealt with IX tech and should be able to implement SPR IX no prob.

Yes and no. InstantX is temporary. There is a lot of chatter going on about furthering that project.
legendary
Activity: 966
Merit: 1000
Once exchanges/merchants get their heads around using IX properly, there will be a steady flow of new adopters and then news, and then price rises.

Hopefully just in time for users and exchanges to also appreciate Spread IX.
legendary
Activity: 1092
Merit: 1000
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.



Yes, but the pump of InstantX is all gone.

No, it's just started.

Once exchanges get their heads around using IX properly, there will be a steady flow of new adopters and then news, and then price rises.

Well I will be curious to see how it works and very interested.

Its good for spread really.

Exchanges and merchants will have already dealt with IX tech and should be able to implement SPR IX no prob.
sr. member
Activity: 406
Merit: 250
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.



Yes, but the pump of InstantX is all gone.

No, it's just started.

Once exchanges get their heads around using IX properly, there will be a steady flow of new adopters and then news, and then price rises.

Well I will be curious to see how it works and very interested.
legendary
Activity: 1092
Merit: 1000
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.



Yes, but the pump of InstantX is all gone.

No, it's just started.

Once exchanges/merchants get their heads around using IX properly, there will be a steady flow of new adopters and then news, and then price rises.
sr. member
Activity: 406
Merit: 250
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.



Yes, but the pump of InstantX is all gone.
legendary
Activity: 1092
Merit: 1000
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.



 Roll Eyes
legendary
Activity: 966
Merit: 1000
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

You're cherry picking your numbers somewhat eh?

DRK spiked to 0.016 for about five minutes, now it's back at 0.011 while BTC is on the up. DRK's US$ value has only dropped about 18% though from that spike top. And whatever way you look at it the price is much higher now than the 0.006 / sub $2 it was at for months.

legendary
Activity: 1092
Merit: 1000
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

Maybe due to network issues, "DRK deposits and withdrawals are temporarily disabled due to an issue with the network." - poloniex. I hope SPR MN implementation is better.

Darkcoin $2.70

This is $1.70 higher than its previous low, not that long ago.
sr. member
Activity: 406
Merit: 250
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

Maybe due to network issues, "DRK deposits and withdrawals are temporarily disabled due to an issue with the network." - poloniex. I hope SPR MN implementation is better.

I am impressed with Mr. Spreads dedication to quality. It seems like he is going to extra mile to insure that the MN implementation goes well.
legendary
Activity: 1904
Merit: 1003
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

Maybe due to network issues, "DRK deposits and withdrawals are temporarily disabled due to an issue with the network." - poloniex. I hope SPR MN implementation is better.
full member
Activity: 194
Merit: 100
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

A rise that quick and drop as quick is what the trolls call a manipulated pump and dump coin. In the end without regulation, all crypto are subjected to volatility, which i find extremely ironic because that is what crytocoins are supposed to be: currency without regulation.

It also coincided with release of InstantX - big takeoff and retracement / correction afterwards. Not to say that DRK has had it's fair share of pump/dump but the technicals are a bit different this time around.

Back on topic... my VPS' can't wait to get some Spreadnodes going, really looking forward to upcoming developments
newbie
Activity: 30
Merit: 0
Has anyone else noticed the huge drop in the price of DRK? Its lost 50% of its value in less than a week. Anyone know why?

A rise that quick and drop as quick is what the trolls call a manipulated pump and dump coin. In the end without regulation, all crypto are subjected to volatility, which i find extremely ironic because that is what crytocoins are supposed to be: currency without regulation.
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