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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 3709. (Read 9723748 times)

legendary
Activity: 1442
Merit: 1018
Darkcoin holders are literally raped by the market . Every Darkcoin investor frustrated with the price . We are starting to lose hope.

Speak for yourself.
full member
Activity: 168
Merit: 100
Darkcoin holders are literally raped by the market . Every Darkcoin investor is frustrated with the price . We are starting to lose hope.
legendary
Activity: 966
Merit: 1000
Can someone tell me at what price Mining DRK is still interesting ( based on average Mining speed )
MN rewards are going up so mining gets less interesting
Should DRK be at a Minimum Price for mining ?

Thanks

DRK has rarely been profitable to mine if your intention was to immediately sell it for BTC/fiat. Nothing is currently
full member
Activity: 194
Merit: 100
Can someone tell me at what price Mining DRK is still interesting ( based on average Mining speed )
MN rewards are going up so mining gets less interesting
Should DRK be at a Minimum Price for mining ?

Thanks
sr. member
Activity: 294
Merit: 250
ages ago ive read about any kind of media campain ...
so ?!
sr. member
Activity: 350
Merit: 250
Masternode Proof of Stake:

https://darkcointalk.org/threads/masternode-proof-of-stake.2720/

Let's discuss like civilized persons please.
legendary
Activity: 966
Merit: 1000
Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.

Go ahead and re-post in in DCT if you want Smiley I don't have an account there yet. But if you do, make sure you post the chart as well. Looks like we have been in a deep sleep and don't realize what is going on.

Edit: We have put ourselves in a ridiculous situation and this is only gonna get worst. In order to switch enforcement we put a goal of 90% compliance BUT because of the lack of enforcement we have now rogue pools (like this one: XhBLSR1HhoaWrdGgrjCHxJkCWWiFFhveHs) who has more than 10.40% of the mining share. This is like a paradox.

Thanks, crossposted.

Centralised pools are a complete perversion of Satoshi's intent. The sooner they are eradicated the better. And if Darkcoin comes up with a viable means of doing so (we could have have one - decentralised mining via Masternodes) we'll be a hell of a lot better off in all ways.
sr. member
Activity: 350
Merit: 250
Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.

Agreed. I wonder if Evan would be open to even considering moving to a Masternode/Proof of Stake system. Making DRK a PoS coin where staking is done via operating a masternode. We could drop the Masternode cost to allow more democratic distribution. Of course pooled masternode services would lead to centralization analogous to the mining pool problem. But if we could make it easy enough for the average user to operate a masternode, there would be no need for pools. Why couldn't operating a masternode be done via the qt client? Keep 500 DRK in local wallet. Unlock wallet for staking only (a.k.a. masternode start). Most folks could run this on their personal PC. If you want to run more than one masternode or need a beefier system, rent a server. 

I know many people are opposed to proof of stake coins. One of my own personal complaints against them is that most coin distribution was done via a very short mining period to a few large miners. In the case of darkcoin, distribution is already completed via months of purely democratic market based means.

I just finished listening to Dan Larimer on LTB # 155 and he reinforced my sentiment that PoS offers advantages over PoW, especially in terms of centralization.

Gonna start my first thread on darkcointalk see if there is overwhelming backlash against this idea.

full member
Activity: 210
Merit: 100
Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.

Go ahead and re-post in in DCT if you want Smiley I don't have an account there yet. But if you do, make sure you post the chart as well. Looks like we have been in a deep sleep and don't realize what is going on.

Edit: We have put ourselves in a ridiculous situation and this is only gonna get worst. In order to switch enforcement we put a goal of 90% compliance BUT because of the lack of enforcement we have now rogue pools (like this one: XhBLSR1HhoaWrdGgrjCHxJkCWWiFFhveHs) who has more than 10.40% of the mining share. This is like a paradox.
full member
Activity: 210
Merit: 100
Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Did you see the size of those two markets?

My personal eBay account sells more units...

It is not about the size. It is about the trust in the coin. If you remember, in the past, there were numerous news about some companies accepting bitcoin and price radically went up. Many of us at that time knew that most of those companies' BTC volume was insignificant and very small, yet markets loved the idea because it showed that there is a growing trust in coin.
sr. member
Activity: 462
Merit: 250
www.dashpay.io
Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Did you see the size of those two markets?

My personal eBay account sells more units...
full member
Activity: 210
Merit: 100
Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.

Price increase doesn't only depend on the amount of coins being help in cold wallets. The trade volume and adoption also affects the price positively.
No, it does only to the extent speculators believe it's positive. volume and liquidity = good, anyway

Dude, I have no clue what you are talking about. You are contradicting what you said above. whatever.
legendary
Activity: 966
Merit: 1000
Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

I agree, others agree, please post here: https://darkcointalk.org/threads/v10-15-onyx-release.2683/

Solutions have been proposed...  Grin

Miners need to be under direct Masternode control one way or another. Right now they are a security liability and a giant ball and chain development-wise.
sr. member
Activity: 252
Merit: 250
Coin Developer - CrunchPool.com operator
Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.

Price increase doesn't only depend on the amount of coins being help in cold wallets. The trade volume and adoption also affects the price positively.
No, it does only to the extent speculators believe it's positive. volume and liquidity = good, anyway
full member
Activity: 210
Merit: 100
Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.

Price increase doesn't only depend on the amount of coins being help in cold wallets. The trade volume and adoption also affects the price positively.
legendary
Activity: 966
Merit: 1000


Well hopefully Silk Road will add a DRK payment option so those users don't have to jump through hoops and pay exchange fees just to be able to purchase anonymously.  Wink

The whole notion of the marketplace processing payments is idiotic. The marketplace should just put buyers and sellers in touch with each other, they can sort out the rest themselves. It's not a bank and if you treat it as one you're going to eventually get screwed, just like fools who treat exchanges as banks. Scewing you over is what banks do.

Lazy fucking potheads who want everything done for them...  Grin
sr. member
Activity: 252
Merit: 250
Coin Developer - CrunchPool.com operator
Dark web markets accepting DRK will do little to the price. DRK gets used just temporarily to do the transactions, it's not held for a long period of time.
full member
Activity: 210
Merit: 100
Normally if a darkweb drug market accept your coin that would be a big deal and should have affected the price positively. We have adoption by not only one but two darkweb markets but price market doesn't give a shit about the news. Probably masternode operators are sick of seeing "tx_0_vout_1" and "not_detected" and they are dumping 1000drk at a time.

Everyone knows that we will not get 90% of pools switching to ONYX, yet we prefer to be in denial and stare at the charts like idiots hoping magically 90% will appear. There must be a better solution than being at the mercy of pools.

Unfortunately pools don't understand that their stubbornness hurting them as well. Darkcoin price should be around 20$ now but we are crawling around 2$ because of the damn struggle between MNs operators and pools. At 20$/DRK pools would still make more money even if the profit is split 50/50 with Masternodes.

 If we cannot get pools to cooperate and upgrade fast every-time there is an update then this is gonna be a race to the bottom: price will continue to drop and we will see more and more masternode owners dumping their coins to cut their losses. Outcome: lose-lose!

Time to fucking wake up folks. Pools will go ahead and mine the next coin that is profitable. What is masternode operators going to do? Sell their investment for 0.001?




full member
Activity: 166
Merit: 100
Is the update there yet where you can 'start-many' for multiple MN's?

if so, can someone break down what exactly it is that you need to do?

You still have to have a wallet with multiples of 1000DRK on different addresses as far as i know... is this correct?



There is a branch but it needs some fixes for things. There is no documentation yet at this time. Yes, you need multiple addresses inside the wallet holding 1000 drk each.

ok, i'll just wait till everything is fixed then Smiley

i'll keep starting up separate wallets to do 'start masternode' because the green light has disappeared again
legendary
Activity: 1442
Merit: 1018
Is the update there yet where you can 'start-many' for multiple MN's?

if so, can someone break down what exactly it is that you need to do?

You still have to have a wallet with multiples of 1000DRK on different addresses as far as i know... is this correct?



There is a branch but it needs some fixes for things. There is no documentation yet at this time. Yes, you need multiple addresses inside the wallet holding 1000 drk each.
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