Is there a reason for the current growth in price?
The price started to move with the release of the LTB episode a few days ago. I think it is safe to say that more bitcoiners listen to that show than spend time mulling around in the altcoin section. Furthermore, there have been continual reports since Darkcoin started last year of people who would buy in if the name wasn't so shady. And well... the official rebranding date is March 25th.
pump aaaaand dump....
Seems you are out.
Was in today for 20 minutes... and gone out again with a good profit
Was in Darkcoin mining between end feb till begin july.... and have sold all my coins in august because i needed the money.... But at this time, the darkcoin was at 0.08 and the bitcoin at 620... so i got out with a little profit... i have given up the idea to get rich with coins, because when i look around in my country or an other country of europe, i saw never a bitcoin sticker at a door.... Cryptocurrencies will not go away, but they will also not getting massadopted. It is a nerd and outsider, outlaw currencie.... And it will stay there in my opinion. Because: Bitcoin is mostly used at the darknetmarkets.... If dash don't want to have anything to do with these markets, then the price will rest a playball to the speculators! Dash must firstly persuade the "nerds" and the "outlaws" before it gets also used for normal internet transactions like buying at Amazon.
DASH/DRK is the closest anyone has gotten to real cash. Cash is still the #1 currency for dark markets, drugs, etc.... Why does DASH have to cater to the dark markets? It's not in the main developer and DASH creator's philosophy. He can't stop people from ruining their lives nor from using his creation to do so, but he certainly doesn't have to condone it. The USA government doesn't condone (officially) drug use piracy, etc..., but their fiat money is the #1 currency for those markets.
As far as the average person using it, that will happen when it's easy to get into and out of the space. Or when DASH and BTC are accepted at so many places that it doesn't matter if you sell out to fiat again. This will take a little more time, but I suspect the avalanche will begin soon.
In fact, I think there will soon be a real collapse of the establishment economy simply because there is an alternate economy that people can flow into. An escape valve so to say. It is going to be a very interesting 10 or so years!