Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5286. (Read 9723776 times)

Must be, because one of them out there seems to favor his left hand, but all he's doing is chasing a she-squirrel and ... well .... they're doing something that is inappropriate to talk about on a forum.  So if they're buying up DRK, it's gotta be with some kind of remote access....... 

May be they were born with some kind of distance independent (infinite range and zero lag) neural network built into their brains which also grants them with a higher level common consciousness above the power to do some really high frequency trading.
My DRK buy order takes so long to get hit by a massive dump.

thanks

 

I'm watching those squirrels out the window right now to see if they climb up the telephone pole and start nibbling on the internet cable to communicate (it's how I suspect they do it??)

Well, since he is a gunsmith, lets present it to him at the end of the party, then get the hell out of there before he can fix it, LOL

Correct. I was talking about demand in a narrower frame but I'm ok with a redefinition of a sum of parameters being calculated in the demand side too.

Maybe the recent shakedowns have raised the collective IQ of DRK holders after all, nobody is taking my bait on Mintpal. I'm going to have to stop passing along all the positive development news. 

How much wood would a woodchuck chuck if a woodchuck could chuck wood?

Don't worry TanteStefana, I'm buying them for you. My long term plan is to hunt down that miserable sod Camosoul in his cabin in the woods, and tickle him until he begs for mercy, and present him with a gold plated AK47. You're welcome to come along, it'll be caviar and champers all the way.

edit: remind me to remove the firing pin on the Liberace AK, just in case...

nobody needs here any of such vapor bullshit posts. even better that you admit you havent read his reply. thats pure comedy.

What do you call someone who struggles with basic math, completely misunderstands statistics, and has a generally tenuous grasp of reality?
- An economics professor.

How many authors of economics textbooks are stinking rich?

I know we're always talking about price on this thread, and how well and difficult it is to mine drk, and what we can earn with masternodes, etc...  And when I think of everyone buying drk, and holding it to store the value of their fiat, I get a feeling like the most important feature of crypto currency is being forgotten.  Basically the reason for it's existence, is it's usefulness.  Its usefulness in trade and in transfers between people of different countries, speed, etc...

So in the end, that is what we need DRK for.  The rest is just the infrastructure of the coin to make it useful to people.  Normal people who want privacy or who need privacy.  

Anyway, point being.... well, my train of thought actually trying to reconcile what the real price of DRK should be.  Soon we will have privacy up to 1000 coins at a time, big huge plus.  Tons of coins are held to be masternodes and for investment purposes, another huge plus.  But exchanging for cash is a little difficult at least here in the USA, When a trusted company like Coinbase allows us to buy and sell dark directly, it'll be a huge plus for me because I'm a little wary of the newer exchanges who are opening up drk/$ trades.  so still a little negative.

Now thinking about the only competition we have, Bitcoin, and it's value.... gotta remember it's ahead of us in popularity and has been around the longest.... And remembering that DRK is still very new on the scene.  We won't be that "new" much longer, as time goes by fast in the crypto world.  Considering all this, I know that DRK should be worth a hell of a lot more than what it's going for now.  So what's with the price now?  I sure don't know, but if I had some money, I'd be buying the stuff up like no tomorrow!  Wish I could!  LOL

TL;DR, and a cherry on top.

 THAT there was the only thing that I read, and need no more. You have absolutely no clue what is going on in the world.

No. There are only 2 parts  

I think if you check any economics textbook you won't find any more.

Having said that, the other stuff you posted is relevant and useful because it forms a basis for the demand side of the equation. But only the market as a whole can prioritise those criteria in a quantifiable way.  That quantity ends up in an order book.

In case anyone thinks I'm being overly negative, I'm not. I'm trying to be realistic. We need to separate out two things:

[1] - integrity and potential viability of the asset

[2] - price evolution

These two things have their own independent evolutionary paths. I hope I've made clear from my previous posts that as far as [1] as concerned, I think this is one of the most promising cryptocurrency projects around. I agree with most contributors on here that "there isn't anything that comes close to it" right now. I think Darkcoin has a great balance of practical anonymity without compromising on technical efficiency. It also appears to have a development team that can consistently deliver according to a roadmap which is no mean feat.

But the other of those two - price evolution - has its own little world. Periodically, the two things catch up with each other - just as has happened over that last 3 weeks - but we shouldn't expect them to always be in sync. If you are in it for the long term just stick your money in and wait. Keep following what goes on with the coin development and as long as it keeps its nose in front then sit tight.

But at the same time, we need to understand that this coin is a traded asset. That gives it a whole different meaning to market traders who are trading in and out of hundreds of coins a month. They have their own priorities and it's not something that is unhealthy either. It's the price to pay for the asset having a quoted market value rather than just a "theoretical value" which is what people like to give their beloved assets on Bitcointalk [ANN] threads.

Also, even though I posted earlier that I thought the correction would go on for "days if not weeks", those are just my opinions based on looking at charts. They could be wrong. For a start, charts are basically just moving averages of selling and buying momentum so they are not predictions. The longer term ones do take a while to turn around, but even so they are just speculative. I post my opinions good faith and try to give a basis but sometimes to challenge what I think are clearly inaccurate remarks by other posters

People shouldn't get too upset about the price declines if they really believe in the future of an asset. Just hold and wait for it to come back up. If it never comes back then you made the wrong evaluation right at the start and will have learned something. If it does then your quids in. That's the way every aspect of life works.

Here's my strategy for what it's worth:

I used to think that Bitcoin would be "superseded" by some better coin. Until a few moths back, I thought it would be Peercoin. Peercoin was so well thought out by its creator, it was thought through from an economics point of view and also well implemented technically. Then, the almighty flood of the "alts" started - a whole flotilla of them. Everyone started to think that Bitcoin was doomed and was loosing value due to all these alts sucking investment away from it.

Then, it just didn't happen.

1000 alt coins having every shape, size and type of algo didn't even put a dent in Bitcoin's valuation. When I thought about it, I realised that Bitcoin just has way too much network effect to be given away to an unknown. The biggest of these "network" effects is right under our noses without us even noticing - how do we measure the value of any alt coin ? In BITCOIN !!   It is the reserve currency for the entire crypto currency market.

So now my strategy is this:

[1] - invest in alt coins which have genuine original work going on, as they are likely to accrue in value

[2] - accept that they will never reach more than about 20% of Bitcoin's value and make sure to realise a reasonable amount of the gain if they ever get near that point

[3] - hedge against the off chance that an exceptional "alt" actually breaks through the "LTC" glass ceiling and starts to approach Bitcoin's value by holding at most couple of hundred of the most likely competitor

Notice how easy it is to ensure yourself against the demise of Bitcoin. For example, if you think it's going to be DRK then given DRK's coin supply, you only need about 70 DRK to be amongst the next generation of Bitcoin millionaires - especially given BTC's likely future.

That's how I see it - but as I say, the beauty of these forums is that we can all benefit from each other's view and engender a more developed understanding  of both the technical aspects of our investments, the price evolution of same and the future of crypto currencies as a whole, so please don't take all of this as anything other than one person's opinion and I will gladly learn from those of others which are equally made in good faith !  

I'm just gonna leave this here

apps.facebook.com/wpmultitipping

+ 3.14

The sooner that happens the better it will realise  drk as ecash etc

We are clearly at the tail of an alligator pattern, meaning that left handed squirrels will most likely buy within the next hours.

Those trying to manipulate others by talking about your order books (same 2-3 guys over and over giving each other a hand job in daylight), FUCK YOU. You pricks just won't listen. There is no harm in what you are doing behind the scenes. It is free market afterall.

Just don't be a dickhead and be our financial advisor or watch out for us. Help yourself and shut the fuck up first.

Even us brunettes have our blond moments    Always glad to see I'm not the only one!  LOL