Will DRK coin ever overtake BTC the way 42coin has? 
lolwut?
Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5205. (Read 9723733 times)
June 16, 2014, 06:37:50 AM
lolwut?
June 16, 2014, 06:36:56 AM
Which scenario do you think is the most likely to happen?
If everything goes smoothly with RC3, a final retest of the 0.013 support prior to the turnaround.If there's a screw up, then the pessimistic one.
That's not going to happen. This tells me you'll be lucky to catch anything ~ 0.016 flat.
Clearly we're not breaching that line, and there are major good events in near future - so sorry, there's no chance for 0.013.
P.S. If you really believed that - why did you buy @ 0.0179 and not 0.013
I would guess you probably try now to average your buy lower
June 16, 2014, 06:31:23 AM
Will DRK coin ever overtake BTC the way 42coin has?
lolwut?
June 16, 2014, 06:25:48 AM
I think this analysis is wrong. Previous hard fork the price went up dramatically until the hardfork date. Now, things are different since investors learnt that things can go wrong when hardforking. So instead of a price increase, price will probably not move much and stabilize at around 0.017-0.018 as people are waiting for what happens after the fork instead of betting on a succesful fork prior to the actual fork. When hardfork is succesful, price will steadily rice to 0.03 until RC4. If fork fails again, price is in trouble.
Yes - that did cross my mind. All the same, it's wishful thinking. Got to stick with the charts.
I learned that lesson from Bitcoin - it couldn't possibly drop below 800 when "Overstock" was coming on board
June 16, 2014, 06:23:29 AM
Which scenario do you think is the most likely to happen?
If everything goes smoothly with RC3, a final retest of the 0.013 support prior to the turnaround.
If there's a screw up, then the pessimistic one.
June 16, 2014, 06:22:05 AM
Your second scenario just isn't going to happen, there's so many reasons why not, you're clever enough to think of several reasons in a minute...
The problem with that is, once a big move begins, people don't buy on fundamentals.
They buy because everybody else is buying and sell because everybody else is selling. The only reason the second scenario is there is because we potentially haven't fully corrected from May's big high. The buzz around RC3 has pushed that correction back. If you look at the twelve hour, the base support line for the descending triangles lies along 0.011 (/ 0.09) if you take RC3 bump out of the equation (which it will be by next week).
As I say, I'm not predicting this, it's an observation about what *could* happen once the market dies down and people decide to take profits.
Even if that does happen, I doubt it will last because the fundamentals will kick in once it bottoms and we'll start the steady rise again towards RC4.
On the other hand, going against that analysis is the fact that the whole chart is more bullish that Bitcoin's post Christmas one was since we have rising bases each time on the 12 hour instead of descending ones.
Here's the possible scenarios as I see it. Take your pick.
Fork is more likely to be a success than a fail this time, since so much testing and bug fixing has been done the past weeks.
June 16, 2014, 06:20:56 AM
Will DRK coin ever overtake BTC the way 42coin has?
June 16, 2014, 06:14:30 AM
Which scenario do you think is the most likely to happen?
June 16, 2014, 06:12:22 AM
Your second scenario just isn't going to happen, there's so many reasons why not, you're clever enough to think of several reasons in a minute...
The problem with that is, once a big move begins, people don't buy on fundamentals.
They buy because everybody else is buying and sell because everybody else is selling. The only reason the second scenario is there is because we potentially haven't fully corrected from May's big high. The buzz around RC3 has pushed that correction back. If you look at the twelve hour, the base support line for the descending triangles lies along 0.011 (/ 0.09) if you take RC3 bump out of the equation (which it will be by next week).
As I say, I'm not predicting this, it's an observation about what *could* happen once the market dies down and people decide to take profits.
Even if that does happen, I doubt it will last because the fundamentals will kick in once it bottoms and we'll start the steady rise again towards RC4.
On the other hand, going against that analysis is the fact that the whole chart is more bullish that Bitcoin's post Christmas one was since we have rising bases each time on the 12 hour instead of descending ones.
Here's the possible scenarios as I see it. Take your pick.
June 16, 2014, 06:08:04 AM
DARKCOIN to the moon !!! RC3 price 0.027 !! RC4 price 0.087 ! Bots are set on schedule !
June 16, 2014, 06:07:30 AM
Last person to update is rotten egg!!
Its actually 4 days left now... but a few pics are worth more than big, red, provocative and annoying titles.
Its actually 4 days left now... but a few pics are worth more than big, red, provocative and annoying titles.
RC3: Hard Fork on June 20th! Please Update!
https://darkcointalk.org/threads/rc3-hard-fork-on-june-20th.1241/
https://darkcointalk.org/threads/rc3-hard-fork-on-june-20th.1241/
June 16, 2014, 05:59:12 AM
Can't hurt having drk there too? I notice this was a while ago? What was the response like? We should make some positive noise..
Response was mild indifference. The challenge for the site currently is there are not many merchants selling stuff.
Bit of a chicken and the egg scenario.. need stuff for people to be interested and trade, need trade for coins to be interested.
He said it was easy to add so the only way to find out would be to add it really. People may be way more interested in selling stuff to get drk than selling stuff for earthcoins...
June 16, 2014, 05:53:27 AM
Can't hurt having drk there too? I notice this was a while ago? What was the response like? We should make some positive noise..
Response was mild indifference. The challenge for the site currently is there are not many merchants selling stuff.
June 16, 2014, 05:46:55 AM
How about getting together as a community and develop some kind of a platform that will help dark coin's wider adaption.. e.g merchant service or something better?? That will surely help the price rise!
Any thoughts or ideas guys?
Any thoughts or ideas guys?
I have a merchant site called Earthazaar, that is similar to ebay in that people can set up store fronts and post public auctions. The biggest difference from most online stores/auctions is the site does not accept fiat, only cryptos. The site was originally built to accept only Earthcoin and uses EAC as it's default currency.
Would Darkcoin be interested in Earthazaar accepting DRK for payments? Before anyone says yes (or no) I recently started accepting Doge and Litecoin, but I am already considering removing these coins as I have gotten pretty much zero response from their communities after making several announcements on their various sites. A few hits but no one posting an auction or setting up a store (or purchasing.) The way Earthazaar is set up it is much less trouble for me to remove little used coins than to leave them.
If Darkcoin isn't interested in this I won't mention it again in this thread.
If DRK is interested would community members be willing to post an auction item, or set up a store if you have products to sell? I actually need inventory more so than customers at this time
If so let me know, and If I get 10 people willing to sell items or auction something (pm me) I will add Darkcoin for payments to the site.
https://earthazaar.com
Would Darkcoin be interested in Earthazaar accepting DRK for payments? Before anyone says yes (or no) I recently started accepting Doge and Litecoin, but I am already considering removing these coins as I have gotten pretty much zero response from their communities after making several announcements on their various sites. A few hits but no one posting an auction or setting up a store (or purchasing.) The way Earthazaar is set up it is much less trouble for me to remove little used coins than to leave them.
If Darkcoin isn't interested in this I won't mention it again in this thread.
If DRK is interested would community members be willing to post an auction item, or set up a store if you have products to sell? I actually need inventory more so than customers at this time
If so let me know, and If I get 10 people willing to sell items or auction something (pm me) I will add Darkcoin for payments to the site.
https://earthazaar.com
Can't hurt having drk there too? I notice this was a while ago? What was the response like? We should make some positive noise..
June 16, 2014, 05:44:45 AM
How about getting together as a community and develop some kind of a platform that will help dark coin's wider adaption.. e.g merchant service or something better?? That will surely help the price rise!
Any thoughts or ideas guys?
Any thoughts or ideas guys?
Ideally it's drk ebay really. If you have any merchants you want to accept drk moolah.io has point of sale and online systems they can set up really easily. Trouble with that is I imagine the merchant just gets the fiat then.
Certainly something worth planning but we don't know really how much drk will be worth. I still think a LOT more so not will to part with it at this stage.
That said btc's "stable" value isn't known and people shop with it so may as well get trucking on figure out usage beyond our crypto fan walls.
So at the moment is drk a store of value that can be anonymously sent (Albeit in small amounts at the moment)
And an investment that will appreciate rapidly as all developments are rolled out (and future)
Although any really good ideas should be put on darkcointalk not here
Darkcoin market place is definitely a good.. Ima gonna start coding that on friday night and spend my weekend to get it to work..
What you think if a exchange had DRK as a pair currency to be traded with other coins? e.g CrapCoin/DRK!
Could be you have a voucher system if you want to.. drk buys vouchers, vouchers buys goods. I'd keep it drk only really. if you have another coin you are kinda sacrificing the anonymity of dark.
June 16, 2014, 05:36:05 AM
How about getting together as a community and develop some kind of a platform that will help dark coin's wider adaption.. e.g merchant service or something better?? That will surely help the price rise!
Any thoughts or ideas guys?
Any thoughts or ideas guys?
I have a merchant site called Earthazaar, that is similar to ebay in that people can set up store fronts and post public auctions. The biggest difference from most online stores/auctions is the site does not accept fiat, only cryptos. The site was originally built to accept only Earthcoin and uses EAC as it's default currency.
Would Darkcoin be interested in Earthazaar accepting DRK for payments? Before anyone says yes (or no) I recently started accepting Doge and Litecoin, but I am already considering removing these coins as I have gotten pretty much zero response from their communities after making several announcements on their various sites. A few hits but no one posting an auction or setting up a store (or purchasing.) The way Earthazaar is set up it is much less trouble for me to remove little used coins than to leave them.
If Darkcoin isn't interested in this I won't mention it again in this thread.
If DRK is interested would community members be willing to post an auction item, or set up a store if you have products to sell? I actually need inventory more so than customers at this time
If so let me know, and If I get 10 people willing to sell items or auction something (pm me) I will add Darkcoin for payments to the site.
https://earthazaar.com
Would Darkcoin be interested in Earthazaar accepting DRK for payments? Before anyone says yes (or no) I recently started accepting Doge and Litecoin, but I am already considering removing these coins as I have gotten pretty much zero response from their communities after making several announcements on their various sites. A few hits but no one posting an auction or setting up a store (or purchasing.) The way Earthazaar is set up it is much less trouble for me to remove little used coins than to leave them.
If Darkcoin isn't interested in this I won't mention it again in this thread.
If DRK is interested would community members be willing to post an auction item, or set up a store if you have products to sell? I actually need inventory more so than customers at this time
If so let me know, and If I get 10 people willing to sell items or auction something (pm me) I will add Darkcoin for payments to the site.
https://earthazaar.com
June 16, 2014, 05:32:09 AM
WRT to exchanges running masternodes, if anything can be done to prevent this it should be, as there is a finite number of masternodes that an usefully be run - having exchanges control a significant percentage of MNs is a horrible prospect, Mintpal and Cryptsy are both as bent as hell, you have to be an idiot to trust them with anything beyond deposit-trade-withdraw, and Cryptsy isn't even reliable at that.
Multi-ticket max limit should be set, maybe to something like between 2 and 5. That would help a bit. Otherwise cryptsy will run a node with 400 tickets.
June 16, 2014, 05:32:07 AM
How about getting together as a community and develop some kind of a platform that will help dark coin's wider adaption.. e.g merchant service or something better?? That will surely help the price rise!
Any thoughts or ideas guys?
Any thoughts or ideas guys?
Ideally it's drk ebay really. If you have any merchants you want to accept drk moolah.io has point of sale and online systems they can set up really easily. Trouble with that is I imagine the merchant just gets the fiat then.
Certainly something worth planning but we don't know really how much drk will be worth. I still think a LOT more so not will to part with it at this stage.
That said btc's "stable" value isn't known and people shop with it so may as well get trucking on figure out usage beyond our crypto fan walls.
So at the moment is drk a store of value that can be anonymously sent (Albeit in small amounts at the moment)
And an investment that will appreciate rapidly as all developments are rolled out (and future)
Although any really good ideas should be put on darkcointalk not here
Darkcoin market place is definitely a good.. Ima gonna start coding that on friday night and spend my weekend to get it to work..
What you think if a exchange had DRK as a pair currency to be traded with other coins? e.g CrapCoin/DRK!
June 16, 2014, 05:25:52 AM
WRT to exchanges running masternodes, if anything can be done to prevent this it should be, as there is a finite number of masternodes that an usefully be run - having exchanges control a significant percentage of MNs is a horrible prospect, Mintpal and Cryptsy are both as bent as hell, you have to be an idiot to trust them with anything beyond deposit-trade-withdraw, and Cryptsy isn't even reliable at that.
Don't think there is any way around that.. I mean I'm sure they are staking the POS coins they are holding?
If they were clever they'd run it as a service.. so if you had pos coins you'd get "interest" for keeping those coins on the exchange.
And likewise for DRK if they used those coins in masternodes.
June 16, 2014, 05:21:13 AM
WRT to exchanges running masternodes, if anything can be done to prevent this it should be, as there is a finite number of masternodes that an usefully be run - having exchanges control a significant percentage of MNs is a horrible prospect, Mintpal and Cryptsy are both as bent as hell, you have to be an idiot to trust them with anything beyond deposit-trade-withdraw, and Cryptsy isn't even reliable at that.
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