[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2892.

Artoodeetoo

hero member

Activity: 518

Merit: 500

Quote from: qwizzie on February 28, 2015, 02:31:08 PM

Quote from: Artoodeetoo on February 28, 2015, 02:24:24 PM

Who is this guy going on and on about the buy walls?

What a muppet...

The fact is the ARE there and they will stay there

If Otoh gets all the coins I think he wants we are going to see 50 - 100k more Dark leaving the market to be masternodes, joining the 2.1 million that are already there...

There are not enough coins circulating to cause a "crash"

For those of us that have been here a while we have seen this rise coming for a long time, for the muppets that just poke their heads in, see a bit of a rise and think "watch out this will crash"

Poor you, how little you see and understand...

Dark has a circa 15 million USD market cap... Lets face it, that's peanuts....

actually Darkcoin's current marketcap its 16,556,970 according coinmarketcap Grin

As I said circa you precise gits Cheesy

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: stonehedge on February 28, 2015, 11:51:01 AM

Of the four I set up in the last two weeks, three got a payment same day.

Me too... set one up two day ago and got payed next day. Think its a really cool bonus incentive Cheesy

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: Artoodeetoo on February 28, 2015, 02:24:24 PM

Who is this guy going on and on about the buy walls?

What a muppet...

The fact is the ARE there and they will stay there

If Otoh gets all the coins I think he wants we are going to see 50 - 100k more Dark leaving the market to be masternodes, joining the 2.1 million that are already there...

There are not enough coins circulating to cause a "crash"

For those of us that have been here a while we have seen this rise coming for a long time, for the muppets that just poke their heads in, see a bit of a rise and think "watch out this will crash"

Poor you, how little you see and understand...

Dark has a circa 15 million USD market cap... Lets face it, that's peanuts....

actually Darkcoin's current marketcap its 16,556,970 according coinmarketcap, the market has been busy Grin

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: Artoodeetoo on February 28, 2015, 02:24:24 PM

Dark has a circa 15 million USD market cap... Lets face it, that's peanuts....

For a globally ubiquitous, unique and growing asset - yes, it's peanuts.

Artoodeetoo

hero member

Activity: 518

Merit: 500

Who is this guy going on and on about the buy walls?

What a muppet...

The fact is the ARE there and they will stay there

If Otoh gets all the coins I think he wants we are going to see 50 - 100k more Dark leaving the market to be masternodes, joining the 2.1 million that are already there...

There are not enough coins circulating to cause a "crash"

For those of us that have been here a while we have seen this rise coming for a long time, for the muppets that just poke their heads in, see a bit of a rise and think "watch out this will crash"

Poor you, how little you see and understand...

Dark has a circa 15 million USD market cap... Lets face it, that's peanuts....

toknormal

legendary

Activity: 3066

Merit: 1188

A reminder of why DRK has value and will continue to have value regardless of the "dominance" of Bitcoin (in fact it will be helped by the dominance of bitcoin).

It directly addresses a monetary property, not a technical property. (i.e. one which cannot be dealt with by improvements in bitcoin "tech" like sidechains, proxy currencies, API or whatever):

Darkcoin's emphasis on the 'monetary' perspective is further consolidated by its pre-emptive approach to anonymisation. i.e. the coin supply is continiously "anonymised" while in the wallet at opposed to "you've got 1 shot at it - at the point of transaction".

If we take gold as a precedent, it's analogous to the ability to melt the gold as opposed to making "transactions in secret" - a whole different emphasis. The ability to melt down gold is true fungibility, secret transactions are not.

Properties of money: http://contrarianinvestorsjournal.com/?p=391#

TaoOfSaatoshi

legendary

Activity: 2156

Merit: 1014

Dash Nation Founder | CATV Host

Quote from: Minotaur26 on February 28, 2015, 01:58:40 PM

Quote from: Minotaur26 on February 14, 2015, 02:01:29 PM

Quote from: Otoh on February 14, 2015, 01:39:08 PM

Quote from: ImI on February 14, 2015, 07:49:25 AM

Quote from: JGCMiner on February 14, 2015, 07:44:49 AM

Quote from: ImI on February 14, 2015, 07:37:02 AM

I just want to say something I have been meaning to say for a while on this subject. Attracting large investors is a huge accomplishment not a problem. It means there is a lot of confidence in Darkcoin's future as a project and on its development team. Exiting large positions is not easy. In my case I have no where near as much as some of the large investors we have and I already know I can't exit in a short period of time without shooting myself in the foot and destroying the value of my investment. So the future of my investment is tied to the success of the project, that is why I abandoned trading completely and decided to work with the dev team.

So entering and acquiring a large position in DRK shows commitment to the project, as the interest of the large holders are aligned with those of the coin. We see news everyday about companies securing VC capital and we all think is great, not long ago Coinbase raised 75 Million just for their web wallet, exchange etc. When venture capitalist invest they get shares of the company and have voting rights in the boards decisions. In the case of Darkcoin the large investor does get the coins but they don't get any special decision power from their investment, this in my opinion is way superior than a company getting capital because they are limited by the VC voting rights.

So this notion about buy walls being a problem is bullsh*t, they express real intention of buying at whatever price they are set, they are a real part of the market and an accomplishment of the project and dev team that have been able to generate the level of trust that merits such investments. To any other large investors out there, please consider investing in Darkcoin.

Yep. That was definitely worth a bump!

Minotaur26

legendary

Activity: 1092

Merit: 1000

Quote from: Minotaur26 on February 14, 2015, 02:01:29 PM

Quote from: Otoh on February 14, 2015, 01:39:08 PM

Quote from: ImI on February 14, 2015, 07:49:25 AM

Quote from: JGCMiner on February 14, 2015, 07:44:49 AM

Quote from: ImI on February 14, 2015, 07:37:02 AM

I just want to say something I have been meaning to say for a while on this subject. Attracting large investors is a huge accomplishment not a problem. It means there is a lot of confidence in Darkcoin's future as a project and on its development team. Exiting large positions is not easy. In my case I have no where near as much as some of the large investors we have and I already know I can't exit in a short period of time without shooting myself in the foot and destroying the value of my investment. So the future of my investment is tied to the success of the project, that is why I abandoned trading completely and decided to work with the dev team.

So entering and acquiring a large position in DRK shows commitment to the project, as the interest of the large holders are aligned with those of the coin. We see news everyday about companies securing VC capital and we all think is great, not long ago Coinbase raised 75 Million just for their web wallet, exchange etc. When venture capitalist invest they get shares of the company and have voting rights in the boards decisions. In the case of Darkcoin the large investor does get the coins but they don't get any special decision power from their investment, this in my opinion is way superior than a company getting capital because they are limited by the VC voting rights.

So this notion about buy walls being a problem is bullsh*t, they express real intention of buying at whatever price they are set, they are a real part of the market and an accomplishment of the project and dev team that have been able to generate the level of trust that merits such investments. To any other large investors out there, please consider investing in Darkcoin.

Sub-Ether

sr. member

Activity: 434

Merit: 250

Quantum entangled and jump drive assisted messages

Quote from: toknormal on February 28, 2015, 01:29:36 PM

Quote from: healthandwealth on February 28, 2015, 12:54:14 PM

Last time I'll say it...although there have been new buys recently...price would tumble if not for the massive buy wall.

Wow. How to look a gift horse in the mouth !

TaoOfSaatoshi

legendary

Activity: 2156

Merit: 1014

Dash Nation Founder | CATV Host

Quote from: klintay on February 28, 2015, 11:10:34 AM

Quote from: TaoOfSaatoshi on February 28, 2015, 04:35:02 AM

Quote from: GhostPlayer on February 28, 2015, 02:22:17 AM

Guys!!

I think it would be brilliant to do a quick flip around DotCom's twitter in a nice non-provocative way. I'm sure he'd LOVE it!

Something like "Darkcoin supports Mega & #KimDotCom"

or better still,

"Lets give #KimDotCom a BOOST ; )"

I totally agree GhostPlayer! I will work on that straight away!

EDIT: Done! Please RT if you're able!

https://twitter.com/taoofsatoshi/status/571607554041782273

Tao

Following you now and retweeted it as well

Big Love from Eyeboot.com

Thank you so much for your support. The Darkcoin Twitter PR Initiative is really rolling now, and it's great to have you aboard.

Followed you back, welcome to the Dark!

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: healthandwealth on February 28, 2015, 12:54:14 PM

Last time I'll say it...although there have been new buys recently...price would tumble if not for the massive buy wall.

Wow. How to look a gift horse in the mouth !

Do you realise how many projects would die to have a unique enough proposition to attract whales to their markets such as Darkcoin has done ?

So you're saying that somehow "diminishes" the validity of the valuation rather than endorses it ? I'd be interested in discovering the logic behind that conclusion.

Also I don't agree with you that "price would tumble if not for the massive buy wall". I've seen loads of massive buywalls sold into and destroyed because the market did not agree with the buyer. The wall was there well before the launch of InstantX at which point a revaluation kicked off which had to be chased by the entire market including that 25,000 wall.

A buywall works both ways. Remember that a majority (80% to 90%?) of the coin supply is not being traded. For large holders it's usually impossible to liquidate their holdings at the market price. A buywall that size so close to the trading level is a golden opportunity for anyone that wants to realise their holdings or part-holdings. Yet nobody's biting for weeks. Sure there are nibblers but no big cash out despite the golden invitation.

What that tells you is that - if anything - the project is undervalued. Most holders place a higher value on the asset than the current cash-out potential.

***********
P.S. You might be confusing markets with democracy. In democracy it's 1 person 1 vote. In markets it's 1 dollar 1 vote. So if you get somebody coming along with a pile of dollars = that's who you want on your side, not the hundred people with no dollars.

BrainShutdown

legendary

Activity: 1052

Merit: 1004

Quote from: healthandwealth on February 28, 2015, 12:54:14 PM

Last time I'll say it...although there have been new buys recently...price would tumble if not for the massive buy wall.

Your TA is appreciated, but please keep this in mind.

So you are saying that if nobody is buying the price would fall?! Great!
And there is no reason whatsoever for the buys that exist. Is that it?
Explain me please!

bluebit25

sr. member

Activity: 1708

Merit: 295

https://bitlist.co

Quote from: Lebubar on February 28, 2015, 12:59:57 PM

Quote from: bluebit25 on February 28, 2015, 12:57:45 PM

If Darkcoin reaches $4 today, I will make myself run 1 mile.

For 5$, you ll run naked in your city during one hour?

At $5 I'll run naked in the middle lane across Golden Gate Bridge in SF

Lebubar

legendary

Activity: 1288

Merit: 1000

Quote from: bluebit25 on February 28, 2015, 12:57:45 PM

If Darkcoin reaches $4 today, I will make myself run 1 mile.

At 5$, you'll run naked in your city during one hour?

bluebit25

sr. member

Activity: 1708

Merit: 295

https://bitlist.co

If Darkcoin reaches $4 today, I will make myself run 1 mile.

healthandwealth

full member

Activity: 138

Merit: 100

Quote from: toknormal on February 28, 2015, 12:13:44 PM

Market keeps creeping up.

A kind of silent creep - 0.001 BTC per day on the valuation. There is buoyancy. Nobody wants to panic buy but there is more buying than selling.

Lets take a brief look at Darkcoin's longest range and most stable technical indicator (that I know of !

= my event horizon thanks) - the 1 week DMI which tells us if we're in a bear or bull market.

When we zoom out to this level we can see that Darkcoin / BTC is one of the most consistently bullish markets around. The 1-week chart has only been in "bear" mode for any significant time once - a couple of weeks during last August.

Bears attempted to capture the 1-week market again during December and January but failed and since mid January the bear market has been dropping away.

As I write this, non-otoh bid liquidity is thickening up as patience with waiting for "the crash" starts to run out. There is jostling for position. There is volume *. There is "Fear" **. There is talk (and tok Wink

). There is FUD. There is development. There is adoption. There is action.

© Investopedia: http://www.investopedia.com/terms/d/dmi.asp

* last 24 hours greater than traditional high liquidity markets such as dogue. Largest weekly volume peak since June 2014.

** of the market running away, of asks being pulled, of Evan dropping one of his casual posts that IP obfuscation or reference node blah or is imminent or that the devteam or grown or whotnott

Last time I'll say it...although there have been new buys recently...price would tumble if not for the massive buy wall.

Your TA is appreciated, but please keep this in mind.

Sub-Ether

sr. member

Activity: 434

Merit: 250

Quantum entangled and jump drive assisted messages