Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5918. (Read 9723858 times)

There will certainly be profit taking.

But that has happened on every coin during valuation revisions. The amount of profit taking that goes on depends on the long term viability of the asset. The money doesn't just come out of this coin - it's got to go into another that the holder thinks will be more profitable. On the other hand, if they think this one is, it'll stay in.


Originals are originals. Once they acquire a dominant market position it's very difficult to shake them loose. They certainly don't get shaken loose by clones that improve on the technology. Look at:

Bitcoin
Peercoin
Litecoin
NXT

All of these are top 10 market caps which have existing competitors or impending ones which are way more advanced in their technology sector.

Yet it doesn't do jack to their valuations.

That's because there are socio-economc reasons for their persistence which are way more powerful than improved or copied technology. For a start, once the majority of the market's invested in something, they need a damn good reason to go through the whole painful process to de-invest and re-invest in an untried competitor who's ultimate valuation is a complete unknown. The market wants safety. It doesn't care about better technology once it's found one that "works".

How many "coins" have copied Bitcoin's source code ? How many coins have Bitcoin's valuation ?

How many "coins" have copied Litecoin's source code ? How many coins have Litecoin's valuation ?

Also, as the dev of this coin stated earlier in this thread. "Are they going to clone me ?". And that is a very relevant point, because he is a known quantity who has established a record of technical competence and delivery that probably outweighs any marginal technical advantages that a competitor might come up with.

Also, it has now been stated that so called "signature coins" are on the RC3 roadmap for Darkcoin. That just about hammers the final nail in the coffin for any prospective competitive threat for me - in the medium term at least.

Just sayin. You can't ignore facts in front of your face. (At least I can't  ).

http://www.worldcoinindex.com/

Just check and take a pic

Hodling for sure

Bed...tomorrow we take on the once Big Doge, now the little poodle.

Much DRK, wow  

still buying on the way up  



Fundamentals, gotta have those fundamentals.

I don't care, I don't day trade.  I'm in for the long term.

Breathe DRK breathe...one - two days of rest and here we go again...

hodl

or buy  



More voting required:

https://bitcointalksearch.org/topic/m.6335710

Well.. my intention wasn't to argue about how good the coin is. I agree. Hopefully it quickly gets adopted by the chinese and other dark merchants. Otherwise, think about those 400btc buys on mintpal. With such a risky chart those buys are for one thing only - profit from the pump. Therefore I would exercise caution.

Also remember these coins are open source, features are only as valuable as the time it takes for someone to copy it to another coin (i.e. days/weeks). Or am I wrong about this?

everyone hodl

+1

I sat the Blackcoin pump out and didn't offload at the top.

Then I thought I'd learned my lesson and jumped off the CINNI bandwagon as it levelled off at 22 - it went to 38 !

This coin is nothing like either of the above. I bought it weeks ago because it was an actual original and ongoing work in progress. It is simply undervalued and is now going through a valuation revision.

I don't care what pumps and crashes it does this week. I won't be letting go of a single one.

+1 Apples and oranges

I'm one of the ones who learned so much from that experience.  And from the perspective of a noob, I thought BC actually had something to offer...there is a difference and only a few coins that are actually innovative.  I decided to spend BTC on DRK and Maidsafe...one already panned out...hoping for the other one to pan out as well...

The thing is, Blackcoin didn't offer Anything. It was just a pump and dump in the definition of the word.

Darkcoin, on the other hand has substance. It offers 100% anonymity, a ASIC resistant, x11 algo, and Dark Gravity Well.
It improves upon what Bitcoin never could.

YAaaaay I Was one of those guys who had 10$ dollar at some point with Blackcoin and that was ALOT OF MONEY for me. And I sat the dump out all the way to 20k. But I learned SOOOOO MUCH from it. Even today. I saw it go up sooo fast and I thought. OMG OMG its going to 0.02 yea yea yea! But for some reason I decided to think again.
And sell at 160 and be happy with the profit. And not with the profit I COULD have.

Yeah, I watched the charts and tried to play this game in my mind after the 0.017 sipke but I didn't like my odds. I would probably end up with a random +/-5% difference.
It must have been a true panic sale and panic buy: placing the sale order at 0.0001 and the buy at 1 to cut through a relatively wide range of orders each time.
Or screw up completely (fully cash out on a relatively low price or buy back significantly less DRK for the next round without BTC gain if I wait to long and have a bad luck).

Bitcoin/Darkcoin = McDonalds

Litecoin/Vertcoin = a kid's lemonade stand/Nathan's Famous



LOL


Anyways, why aren't you guys in darkcointalk.org?

And when you see comments like this you know its a bubble...

DRK just decided to draw the last 6 months Bitcoin chart using time-lapse photography.

If we watch what happens next we can all be millionaires by front-running next month's Bitcoin market 

hence why the price still has still more room to stabilise at a higher level.