[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3429.

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: GhostPlayer on November 26, 2014, 10:19:43 AM

Quote from: shojayxt on November 26, 2014, 10:13:23 AM

I shall not. I love having a pet troll. I only feed one at a time as a service to the community, so they never forget, and let newcomers aware of who's the nº1 lying, deceiving, rude, immature troll in DRK history, and unworthy of any attention. One only needs to click on your post history and roll back a month or two to verify this.

You should eat some of your make-up so you can be pretend to be pretty on the inside.

Quote from: shojayxt on November 26, 2014, 10:20:54 AM

Do you enjoy spamming the DarkCoin thread attacking me?

Grow up.

Yes I do. Because I am loyal to DRK. You are not. Your are a deceitful low-life, who went a mission to spread very low quality FUD and being a true spammer here on this very thread, and others. Now you pretend to be all goody-goody. Grow up? You forget your own posts quick, dont you?

If ignorance ever goes up to $5 a barrel, I want drilling rights to your head.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: ddink7 on November 26, 2014, 10:21:41 AM

When one pool has a majority (or even very large plurality) of the network hashrate, it changes the currency from decentralized and trustless to centralized and trusting

Aren't you confusing a pooled mining effort with an individual mining effort ?

I wouldn't regard "pooled" mining as the same as centralised mining because you don't have control over the mining effort. It goes up and down outwith your control.

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: GhostPlayer on November 26, 2014, 10:19:43 AM

You should eat some of your make-up so you can be pretend to be pretty on the inside.

Alright, this hands down made me laugh out loud. I feel like if this isn't from a movie, it damn well should be.

ddink7

legendary

Activity: 1120

Merit: 1000

Quote from: toknormal on November 26, 2014, 10:08:30 AM

Quote from: thelonecrouton on November 26, 2014, 09:36:04 AM

Really baffles me that so few people seem to care about this. It basically destroys the whole value proposition of a cryptocurrency.

How does it ?

I don't care about 52%, ergo --> I baffle you. But I can assure you, I'm not the "baffling" type Wink

This 52% stuff has got out of hand. It's as if the **moment** anyone gets 51% mining power it's assumed that a coin's in immediate danger. But for that to happen, the 51% 'ers would have to actually DO something malicious with their share other than just sitting and making money on it.

It's a bit like suggesting that because Bill Gates owns 51% of Microsoft he's going to destroy Microsoft.

Anyway. The 51% is'nt even as bad as that because it's made up of uncommitted individual miners who are completely at liberty to leave the pool anytime they want when they see the price going down due to their behaviour.

I don't even care if there's a 70% mining monopoly - as soon as it starts affecting the valuation people will just leave the coin anyway and go and mine somewhere else.

What we must NOT DO, under ANY CIRCUMSTANCES is get Evan to "do something about it". He's the last person that should have anything to do with mitigating mining monopolies other than implementing the proof of work algorithm faithfully.

Leave nature to do its work.

The reason the 51% thing bothers people is because it undermines the entire purpose and premise of crypto. When one pool has a majority (or even very large plurality) of the network hashrate, it changes the currency from decentralized and trustless to centralized and trusting. It's not that we're saying the network is in imminent danger; what we are saying is that the network is at the mercy of one single, centralized, point of failure. That goes against the entire premise of crypto.

If we were going to trust a single centralized entity, we would have just continued to trust our central banks. The purpose of crypto is to create a decentralized, trustless exchange.

shojayxt

legendary

Activity: 896

Merit: 1001

Quote from: GhostPlayer on November 26, 2014, 10:19:43 AM

Quote from: shojayxt on November 26, 2014, 10:13:23 AM

I shall not. I love having a pet troll. I only feed one at a time as a service to the community, so they never forget, and let newcomer aware of who's the nº1 lying, deceiving, rude, immature, and unworthy of any attention.

You should eat some of your make-up so you can be pretty on the inside.

Do you enjoy spamming the DarkCoin thread attacking me?

Grow up.

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: shojayxt on November 26, 2014, 10:13:23 AM

I shall not. I love having a pet troll. I only feed one at a time as a service to the community, so they never forget, and let newcomers aware of who's the nº1 lying, deceiving, rude, immature troll in DRK history, and unworthy of any attention. One only needs to click on your post history and roll back a month or two to verify this.

You should eat some of your make-up so you can be pretend to be pretty on the inside.

shojayxt

legendary

Activity: 896

Merit: 1001

Quote from: GhostPlayer on November 26, 2014, 10:05:25 AM

Quote from: shojayxt on November 26, 2014, 09:08:12 AM

Damn... he is still alive. Please drink arsenic and do us all a favour a leave. Troll

You have a nice day as well.

For the record, I'm not leaving and there's not a damn thing that you can do about it . So please put me on ignore.

DiCE1904

legendary

Activity: 1118

Merit: 1002

So.....we need to somehow stop multipools from mining darkcoin and implement i2p then its smooth sailing

stonehedge

legendary

Activity: 1722

Merit: 1002

Decentralize Everything

The official pool could always do with some love. The fees go towards running the official website and other useful stuff.

http://mining.darkcointalk.org/

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Miners!! Please get out of Waffle and distribute the hashrate love!!

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: thelonecrouton on November 26, 2014, 09:36:04 AM

Really baffles me that so few people seem to care about this. It basically destroys the whole value proposition of a cryptocurrency.

How does it ?

I don't care about 52%, ergo --> I baffle you. But I can assure you, I'm not the "baffling" type Wink

This 52% stuff has got out of hand. It's as if the **moment** anyone gets 51% mining power it's assumed that a coin's in immediate danger. But for that to happen, the 51% 'ers would have to actually DO something malicious with their share other than just sitting and making money on it.

It's a bit like suggesting that because Bill Gates owns 51% of Microsoft he's going to destroy Microsoft.

Anyway. The 51% is'nt even as bad as that because it's made up of uncommitted individual miners who are completely at liberty to leave the pool anytime they want when they see the price going down due to their behaviour.

I don't even care if there's a 70% mining monopoly - as soon as it starts affecting the valuation people will just leave the coin anyway and go and mine somewhere else.

What we must NOT DO, under ANY CIRCUMSTANCES is get Evan to "do something about it". He's the last person that should have anything to do with mitigating mining monopolies other than implementing the proof of work algorithm faithfully.

Leave nature to do its work.

GhostPlayer

legendary

Activity: 1092

Merit: 1000

Quote from: shojayxt on November 26, 2014, 09:08:12 AM

Damn... he is still alive. Please drink arsenic and do us all a favour a leave. Troll

stonehedge

legendary

Activity: 1722

Merit: 1002

Decentralize Everything

Quote from: Artoodeetoo on November 26, 2014, 09:54:28 AM

Good volume going through today..

There is a lot to be positive about!

stonehedge

legendary

Activity: 1722

Merit: 1002

Decentralize Everything

Quote from: shojayxt on November 26, 2014, 09:47:01 AM

Quote from: stonehedge on November 26, 2014, 09:36:32 AM

Quote from: oblox on November 26, 2014, 09:23:37 AM

Quote from: stonehedge on November 26, 2014, 09:13:58 AM

Quote from: shojayxt on November 26, 2014, 09:08:12 AM

Quote from: stonehedge on November 26, 2014, 06:43:10 AM

And yet this crap site has DRK listed as losing value in the last 24 hours. This is neither true against BTC nor the dollar.

http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/

Crap site? That's pretty harsh isn't it? Coinmarketcap just takes the averages from all the exchanges DRK is listed on. The price it lists is in line with the price on Cryptsy which has the largest volume of trades. If you look at that chart that was posted you'll see that the 17.4% increase is for 30 days. Coinmarketcap uses 24hrs. If you look at the thirty day chart for DRK at coinmarketcap you can see that increase. Instead of calling coinmarketcap a crap site maybe you should make sure that it's showing the same data as the other site. In this case it isn't.

If you go to the currencies tab at coinmarketcap and select "all currencies" it will show the last 7 days change percent.

Maybe you should send a request to coinmarketcap to include a 30 day change percent instead of attacking them because the way they display data doesn't show the 30 day change percent. I'm sure it would be easy for them to implement and it's something I would like to see as well.

I did check. It was incorrect over 24 hours. I also checked its last update timestamp just to make sure it wasn't just missing this morning's minipump. The 24 hour data was not even close when I made that post and probably isn't now.

Isn't their 24 hours literally a rolling 24 hour period?

I think it does.

It was showing ~5% loss for the rolling 24hr period against BTC at 1143 GMT.

Hey, looking at my initial post I came off as somewhat harsh and abrasive. That wasn't my intention. Sorry for that.

No need to apologise. Its just the internetz.

Artoodeetoo

hero member

Activity: 518

Merit: 500

Good volume going through today..

splawik21

legendary

Activity: 1372

Merit: 1005

DASH is the future of crypto payments!

the +1000 coins on cryptsy bid was fullfilled and a bit later another +1000 appeared @ 0,0061 .... someone stores nice amount of coins step by step

shojayxt

legendary

Activity: 896

Merit: 1001

Quote from: stonehedge on November 26, 2014, 09:36:32 AM

Quote from: oblox on November 26, 2014, 09:23:37 AM

Quote from: stonehedge on November 26, 2014, 09:13:58 AM

Quote from: shojayxt on November 26, 2014, 09:08:12 AM

Quote from: stonehedge on November 26, 2014, 06:43:10 AM

And yet this crap site has DRK listed as losing value in the last 24 hours. This is neither true against BTC nor the dollar.

http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/

Crap site? That's pretty harsh isn't it? Coinmarketcap just takes the averages from all the exchanges DRK is listed on. The price it lists is in line with the price on Cryptsy which has the largest volume of trades. If you look at that chart that was posted you'll see that the 17.4% increase is for 30 days. Coinmarketcap uses 24hrs. If you look at the thirty day chart for DRK at coinmarketcap you can see that increase. Instead of calling coinmarketcap a crap site maybe you should make sure that it's showing the same data as the other site. In this case it isn't.

If you go to the currencies tab at coinmarketcap and select "all currencies" it will show the last 7 days change percent.

Maybe you should send a request to coinmarketcap to include a 30 day change percent instead of attacking them because the way they display data doesn't show the 30 day change percent. I'm sure it would be easy for them to implement and it's something I would like to see as well.

I did check. It was incorrect over 24 hours. I also checked its last update timestamp just to make sure it wasn't just missing this morning's minipump. The 24 hour data was not even close when I made that post and probably isn't now.

Isn't their 24 hours literally a rolling 24 hour period?

I think it does.

It was showing ~5% loss for the rolling 24hr period against BTC at 1143 GMT.

Hey, looking at my initial post I came off as somewhat harsh and abrasive. That wasn't my intention. Sorry for that.

oblox

legendary

Activity: 1442

Merit: 1018

Quote from: shojayxt on November 26, 2014, 09:34:37 AM

Quote from: stonehedge on November 26, 2014, 09:13:58 AM

Quote from: shojayxt on November 26, 2014, 09:08:12 AM

Quote from: stonehedge on November 26, 2014, 06:43:10 AM

And yet this crap site has DRK listed as losing value in the last 24 hours. This is neither true against BTC nor the dollar.

http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/

Crap site? That's pretty harsh isn't it? Coinmarketcap just takes the averages from all the exchanges DRK is listed on. The price it lists is in line with the price on Cryptsy which has the largest volume of trades. If you look at that chart that was posted you'll see that the 17.4% increase is for 30 days. Coinmarketcap uses 24hrs. If you look at the thirty day chart for DRK at coinmarketcap you can see that increase. Instead of calling coinmarketcap a crap site maybe you should make sure that it's showing the same data as the other site. In this case it isn't.

If you go to the currencies tab at coinmarketcap and select "all currencies" it will show the last 7 days change percent.

Maybe you should send a request to coinmarketcap to include a 30 day change percent instead of attacking them because the way they display data doesn't show the 30 day change percent. I'm sure it would be easy for them to implement and it's something I would like to see as well.

I did check. It was incorrect over 24 hours. I also checked its last update timestamp just to make sure it wasn't just missing this morning's minipump. The 24 hour data was not even close when I made that post and probably isn't now.

Hmm, it can't be off by that much. I don't know how they average but they are pretty accurate considering the way the price is all over the map depending on exchange. For instance, someone bought DRK for 0.0129 at SwissCex.

0.01299996 18.38808537 0.23904437 BUY 2014-11-25 06:38:12.968

Would it be better if they used that price? It wouldn't be accurate but would look good on a chart.

Isn't their price also just the weighted average price of the volume percentage x transacted price on exchange for all the various exchanges? That way the illiquid ones with the largest price deviations comprise little of the ending value.

stonehedge

legendary

Activity: 1722

Merit: 1002

Decentralize Everything

Quote from: oblox on November 26, 2014, 09:23:37 AM

Quote from: stonehedge on November 26, 2014, 09:13:58 AM

Quote from: shojayxt on November 26, 2014, 09:08:12 AM

Quote from: stonehedge on November 26, 2014, 06:43:10 AM

And yet this crap site has DRK listed as losing value in the last 24 hours. This is neither true against BTC nor the dollar.

http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/

Crap site? That's pretty harsh isn't it? Coinmarketcap just takes the averages from all the exchanges DRK is listed on. The price it lists is in line with the price on Cryptsy which has the largest volume of trades. If you look at that chart that was posted you'll see that the 17.4% increase is for 30 days. Coinmarketcap uses 24hrs. If you look at the thirty day chart for DRK at coinmarketcap you can see that increase. Instead of calling coinmarketcap a crap site maybe you should make sure that it's showing the same data as the other site. In this case it isn't.

If you go to the currencies tab at coinmarketcap and select "all currencies" it will show the last 7 days change percent.

Maybe you should send a request to coinmarketcap to include a 30 day change percent instead of attacking them because the way they display data doesn't show the 30 day change percent. I'm sure it would be easy for them to implement and it's something I would like to see as well.

I did check. It was incorrect over 24 hours. I also checked its last update timestamp just to make sure it wasn't just missing this morning's minipump. The 24 hour data was not even close when I made that post and probably isn't now.

Isn't their 24 hours literally a rolling 24 hour period?

I think it does.

It was showing ~5% loss for the rolling 24hr period against BTC at 1143 GMT.

thelonecrouton

legendary

Activity: 966

Merit: 1000

Quote from: UdjinM6 on November 26, 2014, 08:45:05 AM

No pictures this time..
Just 52%
https://chainz.cryptoid.info/drk/#!extraction

Really baffles me that so few people seem to care about this. It basically destroys the whole value proposition of a cryptocurrency.

I hope Evan care spare it some thought.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3429. (Read 9723768 times)