Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5468. (Read 9723733 times)

382 MNs.

Looks like 0.01BTC is the new floor for DRK now after a hugely needed market correction 

Okay, I've decided to publish a Dummies Guide to shutting down your ports and setting up Config Server Firewall: http://ozziecoin.com/?page_id=1466
Please leave us a FB like if you like it. Please donate AT LEAST 1 DARK, per person, to Reda: XhGwaKJPMdqEyMU85QBReNNMzVGKDW2EPz

And it is secure, so i guess if someone stole your money from your bank account because you bought something on the internet without protecting your computer against worms you'll say it's the bank's fault

While this project is 99% about good tech that can change the landscape of eCash, there are other activities that are ongoing in support of the broader project.

This is not a one guy project.

If you want to contribute and have particular skills, technical or not, there is a place for that and the work is taking place now. Quietly and productively in the background.

If you want to sign-up as a central team member, start here.

https://darkcointalk.org/threads/darkcoin-central-team-discussion.599/

It is closed down to avoid trolls, general disruption and like all good projects the master planning, where the secret sauce is made, is kept from those that would use it to fleece innocent people of their money.

I don't usually talk much about price, because honestly I don't really care. I'm mostly concerned with functionality and building something with real utility.

However, that's what the forums have been consumed with so here's my take on this. Darkcoin is six months old, last month we went from $0.77 to $15.00. It was literally four weeks long, and what goes up must come down. Crypto currencies grow in this way, it's actually normal. Next we'll form a base somewhere about here and things will get quiet before we make our next move to the upside. 

I don't post all of the time because, I work insane amounts of time on Darkcoin. This is my job and when I'm posting I'm not coding. Plus, I'm an introvert and I really like putting on headphones and cranking out some code. It's what I do.

What's next?

Things will relax and I'll start perfecting the hard fork for the masternode payments, then RC3. When we're happy with that, I have contacts now all over the media that would love to do another article and update our progress.

Speaking of things coming down, that goes for X11Coin too. From the looks of it, you trust your money to the decentralized mixer by the way. They're pretty secretive about how it works, but that's what I gather from it. I'd love to get a response. DarkSend is trustless for a reason, you don't want the "XNodes" running off with the money.

I'm not trying to thread cap, just stating the obvious. Any investor wanting to trade in BTC for DRK to act as a masternode is placing $6,000+ at risk -- you really do have to assure people their wallets are secure, given reasonable protection.

I'm not trying to thread cap, just stating the obvious. Any investor wanting to trade in BTC for DRK to act as a masternode is placing $6,000+ at risk -- you really do have to assure people their wallets are secure, given reasonable protection.

stop now. work together to promote Anonymous technology, that's the future!

Intended for the Darkcoin devs:

If people didn't have to risk 1000 Darkcoins, maybe people wouldn't be dumping it like crazy whenever the ROI is 3+ times what someone paid for them originally, when someone happens to get there Darkcoins stolen, or a hardfork goes wrong -- or worst case scenario, all three happen around the same time. Maybe, just maybe, you could allow people to act as masternodes with 100 Darkcoins.

Intended for Darkcoin investors:

I'm sure the Darkcoin devs would like you to think that the person that had his Darkcoins stolen was purely a user error (either it being a downed firewall and/or a poor wallet password), but the truth is, no one knows (though we will if people keep getting their masternode wallets stolen). Until Darkcoin has the proven reputation that Bitcoin has had with its security (which has proven to be flawed), I'm not sure why anyone would be willing to let $5,000+ dollars sit in the open waiting for some desperate hacker to find a flaw.

Don't waist your time, he only wants to mess the thread

That's an excellent post.  Glad to have some level-headed community members like you on board!

I contributed to this end by not posting and see what happened?

Fuckin' ridiculous, even by my standards...

Busy getting the project doing what is says on the tin, and more functionality yet to be announced.

Dev team needs to push on the gas...

Well i'm beating myself for not selling at 0.025.
Lets say its Evan fault and start sking for faster updates !

I think some folks on here should give the swithering and swathering a bit of a break now. The drama levels have got a bit overblown.

This correction could be seen a mile off to anyone monitoring chart technicals. In particular, the twelve hour momentum rollover to the downside was co-inciding with the 4 hour, so that was a kind of mega smoke signal if ever there was one for speculators to take profits.

Nothing to do with masternodes or XC or anything else apart from maybe a bit of a push, so all this flamewaring with other coins is a bit of a waste of energy and people should get back to using this thread for discussing operational issues. If your not day trading the coin then price corrections like this are largely irrelevant anyway - there have already been about 4 of then in the last month where it dipped to half it's value before growing again.

Another reason for keeping your hair on is that this correction is going to last at least till after the weekend and possibly well into next week. The twelve hour has a good 4 or 5 days to go to recover that momentum and the 4 hour isn't doing much else than bouncing up to the neutral level while it waits on a consolidation.

Looking at the volume history, the two big resistance levels look like being at 0.009 and 0.006. So we'll probably take a few dips, bouncing of the first one of those before next week's recovery.

Meanwhile, selling at this moment in time is possibly even riskier than holding. On fundamentals, it got past the turbulence caused by the hardfork and has taken the hit on valuation. The clone competition issue a non-issue. I don't think that did any more than slightly amplify the correction. It's not my policy to be critical of other coins - they are all viable projects in my opinion and I even have a stake in some of DRK's contemporaries.

However it's a fact that clones (I use that term loosely, meaning coins in the same technical 'sector' that are not originals in that sector) never get near the valuation of the original apart from temporarily. Witness LTC vs (All other SCRYPTS), Blackcoin vs CINNI, PPC, BTC itself etc. The market needs a damn good reason do disinvest itself of millions in market cap and throw it all at another coin. Different technical approach / dev / community are not nearly enough as long as the original is doing its job.

I was on holiday when I saw the dump on the cards about 6 hours prior to it commencing. But I couldn't be bothered doing anything about it because - hey, a person's got to have a life and I'd have had to have stopped relaxing, get my laptop out, charts, start worrying about liquidity and where to get in / out.

Sod that.

You people need to stop peeing your panties over price corrections and getting into hate mail fests with holders of other coins. Also, don't hate on day traders who decide to dump. That's their job - to keep the market 'clean'. They will dump at the end of chart cycles of moving averages. Even a robot can do it. Don't worry, they won't dump past the core valuation of the coin and it'll soon come back up while there's work in progress going on.

Get back to constructively contributing to the coin's technical evolution. Stop worrying about competition - it will sort itself out and nobody's going to run off with all the value in your precious asset. Have some confidence ffs. It takes a lot more than is currently on offer to knock an original off its stride. But at the same time, this is not tribal warfare. All these projects should be seen as constructive and complimentary, so start treating people with respect even if they don't reciprocate. You'll be rewarded a hundred times over because bad vibes are negative PR and 'noobs' can read. If you really need to attack someone, use the humour approach (there are some well qualified posters on here  ).

Sometimes legitimate critisisms are made dressed up in flamewar camouflage. Just answer it politely - or even accept the point. Defensive rhetoric just looks like you've got something to hide.

That's today's wee rant over. Enjoy your bacon & eggs.