Im not trying to spread FUD, but i feel its wrong to give newbies false hopes and have people dig deep into their pockets into such a risky investment, which goes for all cryptos, and DRK is still dropping, which i was expecting, so what if it goes back to $2? It still has the potential to get up to $100 if it is indeed a solid coin.
+1000
nzminer is bang on the money here. Do NOT get emotionally attached to an investment unless you actually work in it. It just becomes a cult which then degenerates into a snarling cesspit of adversarial factions. Some of the valuations being banded about are delusional and people need to go and take a look at the archive of [ANN] threads for some of the now dead coins around. In particular take a look at the valuations that Blackcoin was GUARANTEED to have after 6 months.
Darkcoin is part of a greater cryptoeconomy ecosystem. It will not survive by trying to dominate or compete with that ecosystem. It WILL grow steadily if it works constructively within that ecosystem to the benefit of its own holders and the holders of other currencies.
In this regard getting to the next dollar is hard enough in this market, never mind talking about hundreds. We need realism, not hallucinogenic dreamland.
Try for $10 and feel damn lucky if we get it.
And yes, the "instamine" is a concern to me and it would be appreciated if i can get an explanation why the windows QT wallet was not released on launch. Again i still think this coin is a strong contender in the market for the short to mid term and it will easily topple litecoin sometime this year, but people like me need solid faith in this coin. Its silly to invest in something just because its going up in value.
Read the dev's own account of it here...
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/