Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3422. (Read 9723776 times)
November 27, 2014, 07:57:38 AM
Hi guys i can't follow every post so, how Instantx is going on?
November 27, 2014, 07:57:01 AM
The argument for DRK being a scam is the instamine argument. Because the formula that specifies the block reward is a function of the difficulty (the higher the diff, the lower the reward), and the difficulty being low in the beginning, a large amount of coins were mined within the first day or two before the difficulty caught up with the hashrate. It was an unfortunate incident as the instamine accusations have been following DRK since then.
The developer (eduffield) even suggested and started a poll whether an "airdrop" should be issued that would disperse 2 million coins to everyone in order to dilute the effect of the first days' mining. This imo shows that the instamine was not intentional by the devs. The community didn't think such an airdrop would make any sense as the instamined coins were already long gone and distributed in the first months when the coin's value was very low. Can't say everyone who mined in the beginning sold though, as there were a lot of people mining. The airdrop idea was then soon abandoned.
And funny enough, no one gave a shit about any instamine when the value was low, everyone could've bought a large amount very cheap. The crying started only after the price started to rise and people thought they missed the train.
Here is a post about The Birth of Darkcoin by the dev.
The developer (eduffield) even suggested and started a poll whether an "airdrop" should be issued that would disperse 2 million coins to everyone in order to dilute the effect of the first days' mining. This imo shows that the instamine was not intentional by the devs. The community didn't think such an airdrop would make any sense as the instamined coins were already long gone and distributed in the first months when the coin's value was very low. Can't say everyone who mined in the beginning sold though, as there were a lot of people mining. The airdrop idea was then soon abandoned.
And funny enough, no one gave a shit about any instamine when the value was low, everyone could've bought a large amount very cheap. The crying started only after the price started to rise and people thought they missed the train.
Here is a post about The Birth of Darkcoin by the dev.
Quote
It was January 18, 2014 and I had everything ready or so I thought. I announced the launch of Darkcoin (XCoin at the time) on BitcoinTalk. We launched later and immediately got stuck on block 42, I was new to the Bitcoin codebase and wasn’t sure what I missed so I announced we’d relaunch later.
When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough, we just ended up spilling out coins. Retargeting happened every 576 blocks and could only increase the difficulty by four times, so it took about six retargets to get to a difficulty that was near 2.5 minutes per block.
Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation. You can see people discussing the problems here:
https://bitcointalk.org/index.php?topic=421615.120
I soon fixed this issue at block 4500, but none of us realized the amount of coins that had been issued at the time. At that point we didn’t even have a block explorer yet.
When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough, we just ended up spilling out coins. Retargeting happened every 576 blocks and could only increase the difficulty by four times, so it took about six retargets to get to a difficulty that was near 2.5 minutes per block.
Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation. You can see people discussing the problems here:
https://bitcointalk.org/index.php?topic=421615.120
I soon fixed this issue at block 4500, but none of us realized the amount of coins that had been issued at the time. At that point we didn’t even have a block explorer yet.
November 27, 2014, 07:40:02 AM
Ok, tnx. I put them on ignore.
Love that function
November 27, 2014, 07:34:22 AM
My current deal with Monero ends on December 20th as we came to an agreement for 60 days of BCX free Monero.
Where we go from there, who knows?
They have however offered a proposition for DRK but I wanted to find out about it first.
I think they feel that DRK is why they are steadily falling week over week.
If a coin is good I have no interest in bothering it but if it is a scam, shit is on.
Let's hear the good, bad and ugly!
~BCX~
So you're going to hear the Monero side out, and decide about DRK?Where we go from there, who knows?
They have however offered a proposition for DRK but I wanted to find out about it first.
I think they feel that DRK is why they are steadily falling week over week.
If a coin is good I have no interest in bothering it but if it is a scam, shit is on.
Let's hear the good, bad and ugly!
~BCX~
Well that just seems ridiculous. Nice acting here and there.
November 27, 2014, 07:00:10 AM
Let's hear the good, bad and ugly!
~BCX~
Best to start here, and listen to Evan's talk --> http://www.cryptomoneyexpo.com/
November 27, 2014, 06:57:56 AM
nah I'm just saying BCX has massive crypto ecred
Given that 95% of cryptognats are dunderheads, this doesn't mean much.
November 27, 2014, 06:48:41 AM
Hi.
I have a problem..
Just made sell order at 0.00655 at crypsty and all my coins disappeared. There is also no open orders in my account for darkcoin and in trade history there is no sell by me at this price..
I sent email to support, now waiting for response
I have a problem..
Just made sell order at 0.00655 at crypsty and all my coins disappeared. There is also no open orders in my account for darkcoin and in trade history there is no sell by me at this price..
I sent email to support, now waiting for response
This happened to be yesterday. Even though I had no open orders I could see my buy in the order book.
It fixed itself within a few minutes. Hope your problem does too! I had a panic for a few minutes while I tried to work out what was going on.
November 27, 2014, 06:42:49 AM
welp moving all of my buy orders down in case BCX attacks this coin
Oh stop the drama and spreading rumors. Trying for cheap coins?
Edit:
I might be buying them.
nah I'm just saying BCX has massive crypto ecred
check out the date of this thread https://bitcointalksearch.org/topic/delete-789978 then go look at that date on the Monero POLO bitcoinwisdom chart you can see the massive whale exit he caused
November 27, 2014, 06:16:13 AM
bla bla bla bla bla .....>
~BCX~
~BCX~
you guys are just not getting it !
keep your mess over there .... thank you ..... bye bye ....>
(i have the feeling i had you on irc earlier !!)
November 27, 2014, 06:06:37 AM
Why is DRK a scam and why do the Monero crew want to take it down?
~BCX~
It's not a scam and it's Monero's closest competitor functionality wise.
I'll never understand why people like to bring/take down other currencies. There's enough space for all of them.
I think they feel that DRK is why they are steadily falling week over week.
~BCX~
I think they are wrong because almost every crypto-currency has this problem...
Quote
They have however offered a proposition for DRK but I wanted to find out about it first.
Best places to get information:
https://darkcointalk.org/ and https://www.darkcoin.io/
Welcome to the world of Darkcoin
November 27, 2014, 06:02:58 AM
BCX go for it, do your own investigation.
November 27, 2014, 05:54:50 AM
Hi.
I have a problem..
Just made sell order at 0.00655 at crypsty and all my coins disappeared. There is also no open orders in my account for darkcoin and in trade history there is no sell by me at this price..
I sent email to support, now waiting for response
I have a problem..
Just made sell order at 0.00655 at crypsty and all my coins disappeared. There is also no open orders in my account for darkcoin and in trade history there is no sell by me at this price..
I sent email to support, now waiting for response
November 27, 2014, 05:50:35 AM
Can we all stop bitching like school girls.....this thread was going awesome, then suddenly downhill from witch hunting etc...
Just ignore shojay if you dont like him...if he starts to talk shit again then backhand him, why poke the bear?...EYES ON THE PRIZE PEOPLE......spend time promoting DRK and stop dwelling on the past.
Just ignore shojay if you dont like him...if he starts to talk shit again then backhand him, why poke the bear?...EYES ON THE PRIZE PEOPLE......spend time promoting DRK and stop dwelling on the past.
November 27, 2014, 05:48:09 AM
Regardless it's Thanksgiving in America!
I care only about the meal.
I wish everyone happiness for the day.
Tomorrow not so.
I care only about the meal.
I wish everyone happiness for the day.
Tomorrow not so.
November 27, 2014, 05:39:37 AM
Why is DRK a scam and why do the Monero crew want to take it down?
~BCX~
It's not a scam and it's Monero's closest competitor functionality wise.
I'll never understand why people like to bring/take down other currencies. There's enough space for all of them.
November 27, 2014, 05:37:01 AM
I figure DRK has the best risk/reward at this moment. If DRK/BTC goes down, unless you are a whale you can get out and not lose much. But it could should up 50% in a blink of an eye.
November 27, 2014, 05:36:05 AM
I hope people get my point about ebolajaxt now...
Haven't updated the thread, but everyone is welcome to come and play
Trolls & FUDsters... Wall of Fame!!
https://darkcointalk.org/threads/trolls-fudsters-wall-of-fame.3076
For reference, ebolajaxt just called scammers to some of the best DRK members we have. Pay no attention to that fool. Please ignore him.
Haven't updated the thread, but everyone is welcome to come and play
Trolls & FUDsters... Wall of Fame!!
https://darkcointalk.org/threads/trolls-fudsters-wall-of-fame.3076
For reference, ebolajaxt just called scammers to some of the best DRK members we have. Pay no attention to that fool. Please ignore him.
November 27, 2014, 05:30:37 AM
You think so?
You don't see a coordinated attack?
See that is what's wrong. You people don't want to see what's going on.
It's like you turn the other way.
People are being fleeced but as long as you make a buck its Okay?
This isn't an even playing ground. People are being ripped off.
Time to stop this Altcoin scam bullshit
People are losing money.
It's not funny
"Archer's ready, FIRE!"
November 27, 2014, 05:29:39 AM
What the fuck?
I've gotten about 15 PM's from people wanting me to "check this thread out".
Scammers to the right, Trolls to the left so I can sort you all out.
Who's who in this shit storm?
~BCX~
I guess I'm the troll?
Better than being a Scammer I guess.
I thought I would take a look since my friends over at Monero offered to increase my consulting fee if I would take a serious look at DRK.
Why is DRK a scam and why do the Monero crew want to take it down?
~BCX~
DRK is beyond being a scam. DRK can easily stand on it's own today without the PND group.
The problem with DRK is that it got hijacked by Scammers.
That was what caused the big bubble that burst leaving many people bagholders. There was a coordinated effort to pump DRK and then dump.
It happened that's a fact.
That's all I have said but for some reason there has been a coordinated attack against me. It's right there for anyone to see. I make no posts for over 8 hours and then within the span of less than 1 hour there are multiple posts discrediting me. Is that your intention? I don't normally see you posting in altcoin threads.
Am I on your shitlist now too?
Great.
Edit:
I might hold a significant amount of Monero but I've never promoted it in this thread and I avoided any involvement with you and Monero. I hold many different coins. They're investments that's all.
Good grief!!!
Good f~^*ing grief!!!
Shojayxt I simply cannot believe you are running this line!!! FFS of all the people to be talking like this!!!
Have you completely forgotten all the unbelievably disgusting, regrettable, nasty and obnoxious posts you've written in this and other threads!!!
You wrote this only in July...
Ha ha, I'd rather be a dick head than a dick sucker like you.
I was here early. I sold some coins early but bought back in low and sold at the top. I just dumped the last of my DRK the other day because I can't stand the stench of this coin. I will admit that I am mining on one of the pools that isn't taxing me 20%. I'll sell whatever I mine and feel good about not paying the 20% tax.
But feel free to believe whatever fairy tale you want. You believe in the Darkcoin fairy tale about overtaking bitcoin, going to $300 a coin etc... so why wouldn't you believe the fairy tale that you posted about me.
You have the early supporter part right. But after observing what has been going on I can't support this instamined scam any longer.
Yes I used the words INSTAMINED and SCAM.
I was here early. I sold some coins early but bought back in low and sold at the top. I just dumped the last of my DRK the other day because I can't stand the stench of this coin. I will admit that I am mining on one of the pools that isn't taxing me 20%. I'll sell whatever I mine and feel good about not paying the 20% tax.
But feel free to believe whatever fairy tale you want. You believe in the Darkcoin fairy tale about overtaking bitcoin, going to $300 a coin etc... so why wouldn't you believe the fairy tale that you posted about me.
You have the early supporter part right. But after observing what has been going on I can't support this instamined scam any longer.
Yes I used the words INSTAMINED and SCAM.
...and it's just one of dozens and dozens that you've written. There are others that are so disgusting, so appallingly foul mouthed and abusive/aggressive I simply cannot believe you are now suggesting a "coordinated attack" on YOU.
Go back and read the pages and pages of revolting posts and attempts to rubbish Darkcoin and everyone involved with it that YOU wrote and then come back and tell us all it's all about everyone else and not you (and we will then know you are certifiably insane).
At a minimum you, WHO HAS BEHAVED SO ABOMINABLY, could (as I've previously suggested) apologise to this community you have abused and rubbished so badly.
Unbelievable hypocrisy!
Renegademan don't waste your energy, he's obviously not playing with a full deck of cards...
November 27, 2014, 05:25:32 AM
You think so?
You don't see a coordinated attack?
See that is what's wrong. You people don't want to see what's going on.
It's like you turn the other way.
People are being fleeced but as long as you make a buck its Okay?
This isn't an even playing ground. People are being ripped off.
Time to stop this Altcoin scam bullshit
People are losing money.
It's not funny
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