What to expect from DRK in the next few weeks
The notion that has been floating around today hinting that DRK is near its peak price is very short-sighted. I am really not expecting a big rise with RC3, but it is very important to regain the market's confidence after the fork issues of the last attempt to implement masternode payments. Also exchanges, merchants and investors won't make any real move before the fork is implemented successfully. The masternode network is the foundation for Proof of Service and has a lot more applications beyond anonymity.
So I am more interested in RC3 solidifying DRKs position as anonymity market leader. When RC3 goes live and masternode operators start reporting on their gains more masternodes will join in, is only logical. The way the debugging was done to clean up RC3 was very transparent and professional anyone can go to darkcointalk.org and see the process and it is clear where we are from a technical perspective and that we are not hiding when we find issues but rather dealing with them openly and that sends a very positive message to investors.
The most important thing is after the 20th the development team's attention will go back to anonymity, by mid July we should have a better idea of what are the anonymity enhancements that Evan has planned for Darkcoin. How original and effective these enhancements are will be debate material and should draw additional media attention towards DRK. I think the weeks before RC4 could be the last chance of buying DRK at affordable price levels. Only after Darkcoin is peer reviewed and open sourced the adoption phase can start and a big rise should be expected.
One major milestone could be SilkRoad 2.0 or other Tor markets accepting DRK, but this wont happen before it is open sourced and they can verify the code themselves is only logical. But when they do and if Evans code is strong we will be starting a completely different game. So selling your DRK's before open-source is silly, specially with the track record of the development team.
Darkcoin's Competition
Darkcoin has a clear first-mover advantage and this is how I see the competitive landscape. Darkcoin started this journey 6 months ago and has been developing at a very aggressive pace, eventually the market noticed and we had our first big rise in price after weeks of being in the shadows. This produced a lot of speculative hype and catalyzed the market creating an opportunity for others to claim similar features.
With a lot of people feeling they missed the dark train they started to invest in any coin with anonymity claims in the hopes of seeing a similar price behavior. Then we saw two types of coins come up either complete scams or coins with honest intentions in the long run, but misrepresenting the stage of development they were in. And all these coins fall into one of these two categories Vericoin, Dreamcoin, Libertycoin, X11coin, Cloakcoin, Monero, Pinkcoin, Neutrino, Cryptcoin.
Lets just not talk about the scams, the ones with real intentions were claiming to be either at the same stage of development or beyond Darkcoin in just a few weeks. The market needed to know if this was true and a lot of people decided to take a risk and see, but time quickly took care of the scams and the others were proven to be either completely flawed or at a very early stage of development. So now that the hype is dying coins really need to deliver true and proven value if they want to challenge DRK, but this requires true skill and if anything it will take a lot of time, so if Darkcoin does not relax and continues its aggressive development it can easily retain its first mover advantage and remain the market leader. This means that Darkcoin's future is in the hands of Darkcoin while serious competitors need to wait for a serious problem in camp Darkcoin if they want to win some time and close the gap. So as long as Evan and his team continues to deliver Darkcoin should have a bright future.
ok, you convinced me. (Though I didn't really need any convincing).
Based on that post I grabbed that 901 DRK shot.
(I'll see about the other 99
)