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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2681. (Read 9723733 times)

legendary
Activity: 1092
Merit: 1000
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.

I didn't completely sell, that's not the way I operate.  I still own some.  Maybe I'm completely incorrect about all of this.  But I feel the danger is real enough that I needed to reduce my position substantially.  As mentioned, I won't buy back into Darkcoin until someone with business acumen is running things.  This isn't FUD trying to rebuy lower.

Good, we could use less of you around here. Smiley

Maybe so.  But what I guarantee you 100% is that you need someone with serious business acumen heading up Darkcoin.  There's too much at stake.  Evan is an amazing developer but his business management and communication skills are very subpar.  You're going to continue to run into serious problems and any serious investor will see that.  You already lost your second most important developer and now have opened yourselves up to serious legal liability.

Not good.

And this, I agree.

 But for f*ck's sake, Darkcoin is just over 1 year old... in fact, Darkcoin's birthdate (the name) is on Wednesday if I am not mistaken.

 You speak wise and true.

 But all-in-all, its all on Evan's shoulders. We barely have a Foundation running. We are collectively working on all that.
 But the undisputed main thing here is the man with the vision, and the code. For now, the rest is just dust in the eyes...
hero member
Activity: 546
Merit: 500
01100100 01100001 01110011 01101000
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.

I didn't completely sell, that's not the way I operate.  I still own some.  [...]

Translation : "I still own 10 DASH/DRK"
legendary
Activity: 1092
Merit: 1000
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.

I didn't completely sell, that's not the way I operate.  I still own some.  Maybe I'm completely incorrect about all of this.  But I feel the danger is real enough that I needed to reduce my position substantially.  As mentioned, I won't buy back into Darkcoin until someone with business acumen is running things.  This isn't FUD trying to rebuy lower.


 Now this sort of talk, I really welcome!
hero member
Activity: 854
Merit: 1000
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.

I didn't completely sell, that's not the way I operate.  I still own some.  Maybe I'm completely incorrect about all of this.  But I feel the danger is real enough that I needed to reduce my position substantially.  As mentioned, I won't buy back into Darkcoin until someone with business acumen is running things.  This isn't FUD trying to rebuy lower.

Good, we could use less of you around here. Smiley

Maybe so.  But what I guarantee you 100% is that you need someone with serious business acumen heading up Darkcoin.  There's too much at stake.  Evan is an amazing developer but his business management and communication skills are very subpar.  You're going to continue to run into serious problems and any serious investor will see that.  You already lost your second most important developer and now have potentially opened yourselves up to serious legal liability.

Not good.
sr. member
Activity: 392
Merit: 255
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.

I didn't completely sell, that's not the way I operate.  I still own some.  Maybe I'm completely incorrect about all of this.  But I feel the danger is real enough that I needed to reduce my position substantially.  As mentioned, I won't buy back into Darkcoin until someone with business acumen is running things.  This isn't FUD trying to rebuy lower.

Sorry to hear some people feel like that.

The rebrand is the smartest business move the DRK team made to date, and this is going to become clear once the rebranding is in place and the wider market starts to take notice IMHO.  

legendary
Activity: 3066
Merit: 1188

BTC broke $290 on BTC/USD market on BTCe again. We might be heading for the assault on 300 which will create a few media ripples, specially amongst those who had it "dead" at $160.
legendary
Activity: 1442
Merit: 1018
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.

I didn't completely sell, that's not the way I operate.  I still own some.  Maybe I'm completely incorrect about all of this.  But I feel the danger is real enough that I needed to reduce my position substantially.  As mentioned, I won't buy back into Darkcoin until someone with business acumen is running things.  This isn't FUD trying to rebuy lower.

Good, we could use less of you around here. Smiley
hero member
Activity: 854
Merit: 1000
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.

I didn't completely sell, that's not the way I operate.  I still own some.  Maybe I'm completely incorrect about all of this.  But I feel the danger is real enough that I needed to reduce my position substantially.  As mentioned, I won't buy back into Darkcoin until someone with business acumen is running things.  This isn't FUD trying to rebuy lower.
full member
Activity: 177
Merit: 100

You don't buy out the dev.  You buy out the community and coin.

 Roll Eyes we can buy/sell community .. wow
legendary
Activity: 3066
Merit: 1188

You don't buy out the dev.  You buy out the community and coin.

Very quaint.

I once wrote a wee piece of accounting software called "1swift".

Now a company exists called "swift" http://www.swiftaccounting.co.uk

I should go and tell them they should have "bought me out" LoL. Maybe I'll get ski-ing in Austria this year after all  Wink

legendary
Activity: 1092
Merit: 1000
You can buy all Dashcoin you want, you have absolutely zero control over the coin. The gibhub on the other had... well, that's the real honey pot.

 Genius move.

Good to know the NSA or any other government entity can takeover Darkcoin by getting control of github.

Scary precedent Darkcoin is trying to establish here...

You still saying the same think, where did anyone take over dashcoin? where did you read that the qoute from even could mean anything and nothing, its pure speculation what was bought and what was not bought.


 FOR THE TRADEMARK!!

 MyFarm bought 50% Dashcoins to challenge the trademark!! That can't happen, ever! The github is to buy right to USE the name DASH, not to destroy Dashcoin at all... just to show it was being used in that field before, so future Dash-whatever don't get to challenge the NAME

Duh!!

 "control" over the RIGHTS to use Dash, to rebrand Darkcoin legitimately and without issues. Probably Dashcoin's github wont even be used at all, unless Evan sees something useful.

 Like everyone else in the planet, as it is all open-source.
legendary
Activity: 1092
Merit: 1000
You can buy all Dashcoin you want, you have absolutely zero control over the coin. The gibhub on the other had... well, that's the real honey pot.

 Genius move.

Good to know the NSA or any other government entity can takeover Darkcoin by getting control of github.

Scary precedent Darkcoin is trying to establish here...

 WHAaaat ??

 Oh man... when your mum asks where your allowance went, never let her see this thread please.
legendary
Activity: 1442
Merit: 1018
MyFarm, face it, you sold completely out and you're butthurt that the price didn't go as low as you wanted to rebuy. No one with any sort of skin in the game would openly try to derail their own investment.
sr. member
Activity: 371
Merit: 250
You can buy all Dashcoin you want, you have absolutely zero control over the coin. The gibhub on the other had... well, that's the real honey pot.

 Genius move.

Good to know the NSA or any other government entity can takeover Darkcoin by getting control of github.

Scary precedent Darkcoin is trying to establish here...

You still saying the same think, where did anyone take over dashcoin? where did you read that the qoute from even could mean anything and nothing, its pure speculation what was bought and what was not bought.
hero member
Activity: 966
Merit: 1003
As for the process being handled IP lawyers, please provide the firm's name so they can be contacted.

I as a self-appointed member of the community am voting for not providing that information. If you release that info it is acting directly against the wishes of 100% of the community that has voted so far (1 out of 1) and I will demand ONE MILLION DOLLARS minimum for completely bypassing the community on this decision.
hero member
Activity: 854
Merit: 1000
You can buy all Dashcoin you want, you have absolutely zero control over the coin. The gibhub on the other had... well, that's the real honey pot.

 Genius move.

Good to know the NSA or any other government entity can takeover Darkcoin by getting control of github.

Scary precedent Darkcoin is trying to establish here...
legendary
Activity: 1442
Merit: 1018
LOL!! Completely absurd.   Roll Eyes

The Foundation has already consulted with trademark lawyers over this issue and made an educated decision to proceed, but in spite of all that Darkcoin should pay a dead coin's bagholders $1,000,000... just cause a random guy on the internet said so. Cheesy

This is nothing more than FUD to get the price to drop back below where you dumped.  Absurdity at its finest.

Agreed... to go from a marketcap of like 7k to 1M is fucking crazy. MyFarm, stop smoking the ganja.

That's the initial offer.  If it has to go to court, I suspect the Dashcoin community will want much more.

You're toxic to the crypto community. No court would even see that as viable. The marketcap was never more than like 50k in the entire existence of the coin:

http://coinmarketcap.com/currencies/dashcoin/

Even if it was accessed at a 30% mark up to the all-time high market cap, it still isn't justifiable to a $1M valuation. Get real.

That's on top of the fact that we aren't using "Dashcoin" but rather Dash, have consulted with IP lawyers, etc, etc. Dashcoin could easily continue development if it so desired, even with the same name for all they care.

As Evan said here: https://darkcointalk.org/threads/official-statement-on-rebranding-to-dash.4297/ it's like a domain name.  It's amazing how valuable domain names are...

Last I checked, Googlesite.com isn't as valuable as google.com. There's a ton of domain names out there built off of common words... it doesn't give the others any more value than the core word (which by the way, we are naming ourselves Dash, not Dashcoin). It MIGHT have been a different story if Dashcoin was initially named Dash but it wasn't and isn't. What's your point?
sr. member
Activity: 371
Merit: 250
Here is the post I was referring too.

It's sad to see the coin being renamed to a brand that already has patents filed on it... moreover that is also an existing coin that's been here a while.

Those are some of the reasons why I decided to empty my DRK stash and move on. It's kind of a slap in the face for the early DRK people.

Anybody would happen to know the filing number of the challenge application? Would be interesting to see.

We moved forward under the advice of trademark attorneys.  Until the legal process is complete it's unlikely much information will be released.  Our decisions are aligned with the community as we are simply taking the necessary steps towards making this the most widely accepted anonymous and instant cryptocurrency.  

Also here he talking about how he and another lawyer set up the Foundation.

Does that mean Edward the pro poker player is the no.1 richest wallet Smiley He liked to play with numbers, didn't he?

Ex-poker pro.  I rarely play poker these days (maybe once in the last 4 months) mostly because I've been heavily involved in cryptocurrencies for a couple years now.  Prior to crypto I'd help start a social gaming company, so it's actually been quite a number of years since I considered myself a poker pro.

I don't have the richest Darkcoin wallet, however I did introduce my business partner to Darkcoin (I haven't checked recently but he may have the richest Darkcoin wallet).

I do however remain in contact with a lot of top pros in the poker community as many of the them have recently begun to take an interest in cryptocurrencies.  There are a lot of crypto gambling sites on the horizon that I know of, and when I have the opportunity I always mention Darkcoin to them.      

Fwiw, I was pretty instrumental in bringing Darkcoin to Bitfinex and can say without my involvement that would not have happened when it did, if at all.  Eventually I realized there was a need to organize things and help build the darkcoin ecosystem and I approached Evan with the idea of starting up a foundation.  We've seen a lot of mistakes made in other foundations (i.e. Bitcoin Foundation) and it was obvious if we were to move foward with this it should be done right.  As such, I brought Harold Boo (an incredibly capable attorney I've known and worked with for years) to the table to help set up the foundation as he has been involved in crypto for about a year and had previous experience structuring non-profits.  Evan's first request was that we have a strong community member involved and Chris Rimoldi was proposed.  Things kind of went from there.

Anyway, I haven't chimed in for a bit and thought I'd give a few details about how things got started with the foundation.  There is still a lot of work ahead of us with it.

-ed

I think the legal side of this is covered.

Plus, Evan didn't buy the project he only bought the github and is using it in trademark case against an different company.  So basically you saying that all dashcoin holders have a legal claim to a github account which was registered to an individual person... BS.

There is no legal precedent for decentralized assets.  All I have to do is bribe developers, take over the github, and then I can file a trademark and send a cease and desist to coin holders, exchanges, etc in essence destroying the decentralized asset?  I don't think so.  If that is upheld in court, Darkcoin could start bribing developers for say 50k and destroy multi-million dollar assets.  There's no way any sane court would uphold that.

I wonder if you want to sue all the altcoin exchanges, too, because they destroy coins after they delist them, investers invested because they were listed, and then they are unlisted, SUE THEM.

Back to topic, i have no clue whats going on in your head, where you get all that information you think you have about anything in the darkcoin / dashcoin deal.
I haven't read any official about Darkcoin is overtaking Dashcoin, Darkcoin is not even taking the name, its DASH not dashcoin.
Where did you get that insane idee anyone will take your dashcoins? Why do you think you cant be traded at exchanges after, where do you get the idea darkcoin has to destroy dashcoin?

The only think i see so far is a owner change of a github. Thats all. So tell me whats the difference for your Dashcoin, does anything changes for you?

Please see this:

https://darkcointalk.org/threads/official-statement-on-rebranding-to-dash.4297/

Quote
Months ago the community organically came up with the name “Dash” as a possible rebranding idea of Darkcoin, I took notice of this and the good deal of support it had in the forums. This lead to us researching the Dash brand for a few months. In the process of doing some investigation, we found that there was another company in the financial space that was filing a trademark. This resulted in me buying another coin “Dashcoin” and challenging their trademark application.

There is some misunderstanding in the community about why there was a quick move to announce this without a previous debate on the forums, as I originally intended. It was simply the result of a mistake on github, where I posted a comment to the Darkcoin github account with the Dashcoin github account login. I felt it was best to show the community where I was with the research, rather than let rampant speculation move through the community about why we were in control of the Dashcoin project. Acquiring Dashcoin is no different than getting a previously existing domain name, the acquired project itself will not continue only the DRK project will move forward under a new name. I had to make some really quick decisions and I apologize for the confusion that resulted from my mistakes.

"Hey Evan, will you sell us the login rights to Darkcoin's github for $25,000,000?"

Sincerely,
The NSA

exactly thats all what even said, your developer didn't commet it at all, so where did you get your informations of that kind of deal? Pure speculation, panic talk
sr. member
Activity: 392
Merit: 255


By all means, educate me.  Please cite case law with decentralized assets to backup your case.

I don't want to educate you lol.  I am not a lawyer but I used enough lawyers to see you are a) making the most basic mistakes b) you are still in that childish mindset where you never used a lawyer and you think that everything in the law can be worked out logically, so you sit there pondering yourself, and now you ask me for 'case law to backup my case' - you sound ridiculous, just sayin Smiley

EDIT: MyFarm if you need to learn basic law which evidently you do, can you not clutter up this thread to achieve that? thanks Smiley
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