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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2893. (Read 9723776 times)

legendary
Activity: 3066
Merit: 1188
legendary
Activity: 3066
Merit: 1188

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 ! Smiley = 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
hero member
Activity: 812
Merit: 1000
LETS ASSUME A WORST CASE SCENARIO

50% of MN's are run by "bad actors" or have backdoors (thru VSP provider consent)

Question:Why did TOR get compromised??
Answer: NSA style traffic analysis

Just like TOR ur crypto (such as it is i.e. antiquated) is prob sound. But how do you combat NSA style traffic analysis for MN's?

Ignore me if you want…
but this is another important question complements of yous truly.

Answers on a postcard  Cool

I'll bite. Assuming there were 50% rogue nodes, each round would be an independent event, in this case 50/50 that a compromised node is selected processing the transaction. To be able to prove with reasonable doubt, you would need to have your rogue nodes selected every round, or 50%^# of rounds for probability. At 4 rounds, you're looking at a 6.25% chance of having your rogue nodes selected every round, at 8 rounds, 0.39%, at 16 rounds, .0015%. That's just as the system stands right now--with masternode blinding which is currently in development, no single node would have all the inputs so your probabilities essentially go to 0.

Good try.

Yeah I think he did try very hard, but his attempt discredits him even more.

@oblox

I suppose I was really making three points:

1) CRYPTO:What happens if 50% of MN's are run by "bad actors" or have backdoors (thru VSP provider consent)

Comment:
The answer of ~6% if 4 rounds chosen was the answer given. Interesting but not really to my point. BTW What is the avg no. of rounds usually selected? What is the default number?

2 ) FLOW: Since MN's have static IP's (at this time) and are obvious targets for traffic flow analysis how can u combat traffic flow analysis like "upstreaming" which were used to compromise TOR?"

As I said initially it is not so much the crypto that is the weakness (albeit slightly outdated imo), but rather the patterns derived from traffic analysis techniques like "upstreaming" which may reveal sensitive information.

Comment:
Certainly every crypto-currency network is also threatened by such analysis, but for DRK it is the limited number of MN's currently sitting on fixed IP's which make a juicy target. The crypto in TOR was by all accounts strong and it was these sorts of attacks which compromised TOR's security iirc. Interestingly there were similar numbers of TOR nodes that you have MN's. I'm thinking maybe 3-4k TOR nodes were being run worldwide.
Perhaps MN's will have to grow in number to help deal with this and maybe a 500DRK sum should be permitted to run an MN so as to create more. In fact why shouldn't every node be capable of serving as an MN? And if DRK adopts a ZK (Zero-Knowledge) solution like Shadow then why have MN's at all (InstantX I guess)

3) BLEND: A "blended attack" where a bad actor runs (or has access to) a number of MN's combined with traffic analysis is most likely the true threat model here. It is unclear to me at this point if "Masternode blinding' might help the bad actors as much as the good ones.

Comment:
?

Throwing it to the floor.
sr. member
Activity: 478
Merit: 250
PSA

These new walls at 0.012 are because I wouldn't mind accumulating a few more DRK at this price right now, I don't guarantee that they will stay here if and when I decide that I have been sold enough coins for the time being, but if I do move them back down then they will only revert to 0.01111 at the lowest and from there they will neither be lowered nor removed just as stated before, so that still remains the floor, the walls are just doing a little walkabout.

They'll be there for at least eight hours anyway as I'm going afk soon, so feel free to sell in to them anyone who would like to do a little profit taking or what ever and I'll check back tomorrow to review the situation.

 Kiss


I have to say that I admire your timing on the market. You never go against the momentum of the market and you've been building amazing and well timed support for a long time now. Of course accumulation is nice but since you already have so many, the price going up isn't against your wishes either and when you put your walls at a certain level, it gives me the impression that I would be foolish to sell to you at that price.

It's interesting...but tbh He's not going to get hardly any darkcoin since everyone assumes he'll keep the huge walls there permanently.  He won't market buy so everyone has a false sense of security pumping the price.  If the walls are put back at .111, the price will dump back down in an instant.  As much as I love the project, I know the price action is highly dependent on the walls.  If the walls change or are removed...the price will dump hard.  Just being realistic here.

Not completely disagreeing with you. He does buy at market though. And if say he got tired around $4, and just left the walls unmoved for two months, price would likely have moved way above that, no one would be able to even see the walls, so if he removed them there would be no effect.
full member
Activity: 138
Merit: 100
PSA

These new walls at 0.012 are because I wouldn't mind accumulating a few more DRK at this price right now, I don't guarantee that they will stay here if and when I decide that I have been sold enough coins for the time being, but if I do move them back down then they will only revert to 0.01111 at the lowest and from there they will neither be lowered nor removed just as stated before, so that still remains the floor, the walls are just doing a little walkabout.

They'll be there for at least eight hours anyway as I'm going afk soon, so feel free to sell in to them anyone who would like to do a little profit taking or what ever and I'll check back tomorrow to review the situation.

 Kiss


I have to say that I admire your timing on the market. You never go against the momentum of the market and you've been building amazing and well timed support for a long time now. Of course accumulation is nice but since you already have so many, the price going up isn't against your wishes either and when you put your walls at a certain level, it gives me the impression that I would be foolish to sell to you at that price.

It's interesting...but tbh He's not going to get hardly any darkcoin since everyone assumes he'll keep the huge walls there permanently.  He won't market buy so everyone has a false sense of security pumping the price.  If the walls are put back at .111, the price will dump back down in an instant.  As much as I love the project, I know the price action is highly dependent on the walls.  If the walls change or are removed...the price will dump hard.  Just being realistic here.
hero member
Activity: 532
Merit: 500
PSA

These new walls at 0.012 are because I wouldn't mind accumulating a few more DRK at this price right now, I don't guarantee that they will stay here if and when I decide that I have been sold enough coins for the time being, but if I do move them back down then they will only revert to 0.01111 at the lowest and from there they will neither be lowered nor removed just as stated before, so that still remains the floor, the walls are just doing a little walkabout.

They'll be there for at least eight hours anyway as I'm going afk soon, so feel free to sell in to them anyone who would like to do a little profit taking or what ever and I'll check back tomorrow to review the situation.

 Kiss


I have to say that I admire your timing on the market. You never go against the momentum of the market and you've been building amazing and well timed support for a long time now. Of course accumulation is nice but since you already have so many, the price going up isn't against your wishes either and when you put your walls at a certain level, it gives me the impression that I would be foolish to sell to you at that price.
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
Of the four I set up in the last two weeks, three got a payment same day.
legendary
Activity: 1092
Merit: 1001
Wow, Thanks to Tao's masternode guide I got my MN up and running some hours ago and just received a payments  Smiley

lol what
hero member
Activity: 623
Merit: 501
Wow, Thanks to Tao's masternode guide I got my MN up and running some hours ago and just received a payments  Smiley
hero member
Activity: 1246
Merit: 502
guys some OT but... what is going on with BTC

check blockchain.info its not connected with nodes, or rest of the explorers same problem, no confirmations in last 2h

this is the 1st time im seeing this on BTC

EDIT: confirmations are ok, i deposited on finex some BTC, then i saw this blockchain.info problem... but i got my btc on finex

http://prntscr.com/6axyv2

Tongue we should FUD btc for this haha


thats why i no longer hold my btc   Tongue, i only hold DRK for now... Grin Grin Grin
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
We seriously need a celebrity to make a youtube video saying just four words - Welcome to the Darkside

https://www.youtube.com/watch?v=esEcwAWi6dk

This needs to be playing 24/7 on the Darkcoin website: https://www.youtube.com/watch?v=wbWOVfY-rxU
Rux
legendary
Activity: 1291
Merit: 1024
https://crypto.ba
i was just kidding about FUD...we, DRK community dont do FUD .. we love all coins but we love DRK more

price on all exchanges are crazy, 0.013 is so close
legendary
Activity: 2688
Merit: 1240
guys some OT but... what is going on with BTC

check blockchain.info its not connected with nodes, or rest of the explorers same problem, no confirmations in last 2h

this is the 1st time im seeing this on BTC

EDIT: confirmations are ok, i deposited on finex some BTC, then i saw this blockchain.info problem... but i got my btc on finex

http://prntscr.com/6axyv2

Tongue we should FUD btc for this haha

Huh

Blockchain.info just has a problem, this has nothing todo with the bitcoin network.. lol look on bitcoinwisdom or bitcoincharts etc..
legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
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
Rux
legendary
Activity: 1291
Merit: 1024
https://crypto.ba
guys some OT but... what is going on with BTC

check blockchain.info its not connected with nodes, or rest of the explorers same problem, no confirmations in last 2h

this is the 1st time im seeing this on BTC

EDIT: confirmations are ok, i deposited on finex some BTC, then i saw this blockchain.info problem... but i got my btc on finex

http://prntscr.com/6axyv2

Tongue we should FUD btc for this haha
sr. member
Activity: 1593
Merit: 284
0.013-0.014 this week end ? or maybe we will kick bitshares on coin market cap

Maybe? I was annoyed when Counterparty and / or Dogecoin and / or some other thingies had had bigger market cap than Darkcoin but than... Smiley
 
hero member
Activity: 1246
Merit: 502
0.013-0.014 this week end ? or maybe we will kick bitshares on coin market cap
legendary
Activity: 1176
Merit: 1036
Dash Developer
It did get stuck on 5 confrmation for about a minute. It was my first instantX and i saw the green circle right after i sent it but then i saw it said confirming 5 of 6. About a minute later it turned to a confirmed green check mark.

I still say instantX is too expensive for small amounts. For a $3 transaction it cost 30 cents. Is there some reason that transactions under 100DRK (or even 50DRK) can't be exempt and just pay a regular 0.01 or 0.001 transaction fee?
Somebody tried to explain it to me already but i still don't understand.
Yes because masternodes confirms 5 out of 6, the last one is a POW block confirmation.
I do think that sending 1-10drk a fee 0,1drk for IX is too HIGH.
There should be some "if then" code fee implemented.
Ok cool, so it did get confirmed instantly like it's supposed to, right?
Edit: Minotaur26 just answered my question, thanks

If possible i would like to see the fee lowered to 0.01 (3 cents) for anything under 100DRK. Only reason i can see for not doing it would be that it could cause some kind of spam attack.


The IX Fee is 0.01, which is 3 cents. Darksend has a 0.01-0.1 DRK fee depending on the amount you're sending (because it doesn't support change). So if you use IX+DS it appears much more expensive, but it's really just DS that's more expensive.
legendary
Activity: 1204
Merit: 1010
Now that we're on it... Darkcoin has been around for quite a while, and a lot of poo poo did hit the fan, admittedly, and thankfully. What did not break us made us stronger!!

 I think its time to make a infographic that quickly reflects current states of affairs, starting 2015.

 a) would make FUDsters mum's feel shame on their own spawn, and spank them accordingly
 b) bring up to speed to the Kim DotComs, Andreas, Snowden, Assanges, Malala Yousafzai's etc etc etc of today
 c) Spot attention to big industry chiefs like Patrick Byrne
 d) General population sensibilisation.

New age of DRK is slowly going up to a boil. It will take a while until new flashy feats come out to even strengthen the project. So we could start dropping "bombs" with what we have right now.

 I would love to do this, but of all I know, the least I am proficient in image creation/editing/photoshop/vectorisation, etc... And I am a PR amateur.

 We need to kick off 2015 with a full-on PR/MKT campaign.

 I propose child_harold as a poster boy  Grin

Cool. I suggest promoting not "What is Darkcoin?" but "Why Darkcoin is better than Bitcoin?"
It should be more effective in 2015.
sr. member
Activity: 434
Merit: 250
Quantum entangled and jump drive assisted messages
Bter has some alt coin withdrawals listed but Darkcoin not there yet:-

Atomic ATOMIC
NeoDICE DICE
NXTInspect INSPCT    
MultiGateway MGW    
MRKT FreeMarket    
NxttyCoin NXTTY    
Pangea PANGEA    
SkyNET SKYNET    
SuperNET UNITY
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