Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4283. (Read 9723748 times)

After predicting the DRK price implosion just weeks ago (https://bitcointalksearch.org/topic/m.8073765), I have another prediction to make. I take no pleasure in saying this but I hope that those who didn't take my advice before will listen this time and save themselves some money. DRK will never again approach its previous price. The reason is that it does not provide an attractive practical solution for those who seek anonymity (relative to BTC used in conjunction with mixers). Even if it does function perfectly on a technical level, the fact remains that moving BTC into DRK generally requires dealing with an exchange that will be forced to compromise privacy as the result of increased regulations. And once you have your DRK, where are you going to spend it? There is no DRK ecosystem to speak of. BTC has hundreds of millions being invested into an infrastructure to stimulate mass adoption. If you truly wanted to be anonymous, wouldn't you want to be lost in the crowd along with regular consumers as opposed to being potentially linked to a currency inadvertently branded as the go-to solution for drug dealers, paedophiles, and tax-dodgers? In front of a jury, what's more incriminating: evidence that you had a BTC wallet on your computer like everybody else including your aunt Bertha...or that you had a sinisterly-named DarkCoin Wallet on there? I would short DRK if I knew how but I have zero skin in the game. Save yourself some serious grief and at the very least don't dump more of your hard-earned money into this.

What is needed imo is a bullet proof UI/UX design that makes it impossible to not understand what's going on or make anything that might interfere the initial anonymizing process. When that is done, PR machine can start recruiting new blood, not before.

I like this price, New investor. Can anyone give me a quick breakdown on where you guys are at. Very attractive price, May throw some coins at this

Well, now that it seems that most of the weak hands were scared away I am more and more curious to know what cool stuff is ready to be announced soon

Hello Everyone,

If you're running a larger than normal wallet and set "Amount to anonymize" to a really high amount, the client will prioritize money that has not been denominated, in effect denominating the entire amount ONCE (this could look  like the round > 1 bug, but it's not). No input will reach 2 rounds before that amount is met. When the client detects you've reached the threshold you set, it will then start denominating round 2, then 3, etc.

From the looks of the thread all issues users are experiencing are not bugs at this point, just a misunderstanding of how Darksend works. All major bugs have been resolved and I'm going to move on to RC5 and other unique features of Darkcoin that we've had in the works for awhile (I'm going to wait till all of the weak hands have left the building then I have some really cool stuff to announce).

-Evan

Thing is crypto was invented to take on people like BL and the system he represents.
Do you really believe one state in one country(a dying country) will have such a devastating effect on crypto?

I'm ready and waiting to catch the knife if bitcoin goes bellow $300.

Anyway Dark solves the problem. It will be worked around, just like most regulations.

Very uncool, if the price ranges like that only because somebody made a bigger transaction.
Somebody put the coin to work, buying, darksending, liquidating.
Should be everyday's business.
Very poor on the liquidity.
We'll probably see that more often.

So this round worked, ready for the next one?

One very positive thing is .....there is a hell of alot of interest in Darkcoin.... $600,000.00 worth of trading value!  wow... I suspect there is some serious things afoot.  cool! 
So when is the youtube infomercial on  darkcoin coming out? 

Tough question. If we leave conspiracy theories alone, I think it was because some people expected a rally after RC4, and when it didn't happen, they got frustrated and decided to sell (which led itself to downward spiral where more people wanted out because price was falling).

And why there was no rally after RC4? Partly because it was already priced in, and partly because it was unclear whether it's working or not if you were only reading this thread, which most buyer candidates are probably reading. If you were on the testnet testing and reading bug tracker etc you knew what to expect, but those people already have bought all the drk they could possibly need ages ago. So I bet it was very confusing time (and still probably is) for those deciding on whether to invest or not.

What is needed imo is a bullet proof UI/UX design that makes it impossible to not understand what's going on or make anything that might interfere the initial anonymizing process. When that is done, PR machine can start recruiting new blood, not before.

Thing is crypto was invented to take on people like BL and the system he represents.
Do you really believe one state in one country(a dying country) will have such a devastating effect on crypto?

I'm ready and waiting to catch the knife if bitcoin goes bellow $300.

Anyway Dark solves the problem. It will be worked around, just like most regulations.

Do you mean this?

VV

Hey, can somebody tell me why Darkcoin is losing so much in value? Is darksend not working?

The hole crypto market is entering a dificult fase,New York regulation as they want to controle the crypto market has many bad things proposed,there are people willing to close there miningpool and what not,all this fear will drag the price down off all coins and i'm sure when the regulation starts the bad news for the crypto eco system will start and people convert to fiat again,i believe this will be also the abbused reason to drag the prices down even further to the lowest we have ever seen after November 2013.
Crypto will take a big hit but will survive as always,i say get your fiat ready and buy BTC low in a few months from now,sell anything in your house you can live without and safe the money for the biggest drop we have ever seen!

The hole crypto market is entering a dificult fase,New York regulation as they want to controle the crypto market has many bad things proposed,there are people willing to close there miningpool and what not,all this fear will drag the price down off all coins and i'm sure when the regulation starts the bad news for the crypto eco system will start and people convert to fiat again,i believe this will be also the abbused reason to drag the prices down even further to the lowest we have ever seen after November 2013.
Crypto will take a big hit but will survive as always,i say get your fiat ready and buy BTC low in a few months from now,sell anything in your house you can live without and safe the money for the biggest drop we have ever seen!

Hey, can somebody tell me why Darkcoin is losing so much in value? Is darksend not working?

Hey, can somebody tell me why Darkcoin is losing so much in value? Is darksend not working?