[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5958.

klinmaining

member

Activity: 98

Merit: 10

Quote from: jk_14 on May 15, 2014, 02:43:59 AM

"Darkcoin [DRK] was launched on 18-Jan-2014 as “XCoin”. It is a CPU only coin with hybrid hashing algorithm using 11 rounds of scientific hashing functions
(blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)."

X11 algorithm ASIC Howto:

http://eprint.iacr.org/2009/510.pdf

I think it's not good news

BITHCOIN

newbie

Activity: 21

Merit: 0

Hi there can anyone explain why my darkcoin client cant find a blocksource.
I installed both vers 9 and 10 seperately but none works.
I removed my older vers.
Any ideas
Thanks

richy

full member

Activity: 224

Merit: 100

KryptoBonds, Bonds Industry now in Blockchain

I think it would be good if now a little correction would take place so that its not such a huge pump because than i fear that a huge dump will follow. We should avoid to have evolving this kind of pattern. So far it was one of the outstanding charakteristics of DRK to grow slowly but mostly stable over time. I hope that we will return to this soon. It is much better for your nerves and ist is much better for the coin cause the recovery from a real big dump takes very very long. Cause the people who was burned and are sitting on big losses sell on any little recovery so that the prrice can not rise for as long time. I even whould suggest to think about to postpone the release of the payment for the masternode even later than the 25th cause this will probably initiate the next hype. I think we need to avoid this scheme.

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: zwiggel on May 15, 2014, 03:35:22 AM

I want to explain my friends what Masternodes are and why darkcoin will only keep on rising untill the 24th of may and even untill end of June when all is done.

Could someone here perhaps take the time to write it down in some really easy details so anyone could understand? He keeps telling me to sell. I say no Masternode network is not done. He says. WTF are masternodes!?

We need this.. New people are comming here every day now. And all those people don't know what masternodes are..
I don't even hardly know how they work lol

http://wiki.darkcoin.eu/wiki/FAQ#What_are_Master_Nodes.3F

zwiggel

sr. member

Activity: 672

Merit: 250

Quote from: Spratan on May 15, 2014, 03:37:26 AM

Could the richest balance, which has not stopped accumulating DRK, be BTC-E wallet ?
It makes sense (I don't want to start rumors, just asking)

BTC-E are dumb idiots who don't give a shit about profit I Think. They prefer to keep coins like Featercoin/Novacoin on their site instead of adding better alt coins..

BTW this isnt a crash.. This is called swings for day trading. I am happy at every peak it goes down a bit. Because that way you dont get a hugeeeee spike on the chart like Blackcoin

coins101

legendary

Activity: 1456

Merit: 1000

Still running the May price survey until ~20th May.

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

Spratan

hero member

Activity: 689

Merit: 507

Could the richest balance, which has not stopped accumulating DRK, be BTC-E wallet ?
It makes sense (I don't want to start rumors, just asking)

zwiggel

sr. member

Activity: 672

Merit: 250

I want to explain my friends what Masternodes are and why darkcoin will only keep on rising untill the 24th of may and even untill end of June when all is done.

Could someone here perhaps take the time to write it down in some really easy details so anyone could understand? He keeps telling me to sell. I say no Masternode network is not done. He says. WTF are masternodes!?

We need this.. New people are comming here every day now. And all those people don't know what masternodes are..
I don't even hardly know how they work lol

haharadzha

sr. member

Activity: 439

Merit: 253

will exist anonymity if the majority of master node will own fbi Huh

?

TanteStefana

full member

Activity: 280

Merit: 100

The Future Of Work

Quote from: drkman on May 15, 2014, 12:48:13 AM

Finally, after 5 months, I'll be back at gaming Cheesy

Yaaay!

You too huh!

What was your game?
[/quote]

After 5 months, I don't even know! LOL. I'll probably play with Unity, a game creation program, see what I can learn, LOL

We're a minecraft family, but play all kinds of other games as well, but my computer has been working too hard to do anything Tongue

dotnetmin

hero member

Activity: 756

Merit: 500

People talking about wating for the dump and making BTC profits have to come to a newer thinking.

Is it worth more to have BTC than DRK? I was thinking about this since i made my last daytrades @ 260k
and lost 80 DRK i never was able to buy back. DRK for me since that is only long term, daytrading is too risky for me,
not to loose BTC but i don´t want to loose some DRK a second time.

By the way i did spend my BTC on VTC after realized i´ll won´t be able to buy back my DRK

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: peteycamey on May 12, 2014, 11:03:10 AM

bad things happen.

things get delayed.

morale is down.

panic sell.

some people spreading FUD.

price crashing real fast.

this is all I understand.

what I dont understand is WHY OH WHY SO MANY PEOPLE MINING WHEN ITS NOT PROFITABLE TO MINE AT ALL??

do they know something that I dont?

I mean if you want darkcoin just mine pawncoin, curecoin, flappy, bitcoin-scrypt, vertcoin, charitycoin, myriad etc.

basically ANY coin is more profitable than dark.

you can buy dark by trading your coins.

I've been doing DIY multipool mining and buying DRK for about 2 weeks. It sucks jumping around.

Basically, DRK is cheaper to mine and the price rise has just made the other crap I've been mining unprofitable. Plus, they have unstable prices and poor liquidity.

I'm switching back to straight DRK today. I was mining when it was unprofitable 4 weeks ago, guess what - it was profitable all along, you just have to view the time horizon in a different way Wink

danzek

member

Activity: 69

Merit: 10

To the moon DARK!

ljudoed

newbie

Activity: 24

Merit: 0

Quote from: chaeplin on May 15, 2014, 02:35:39 AM

Quote from: dragonmike on May 15, 2014, 02:27:16 AM

Hmmm... I'm mining on xhash since last night but the last block was found only 14 hours ago... they used to crack 1 or 2 blocks an hour... Is anything wrong? :-l

They did not update wallet.

They sit on a wrong blockchain.

Current Difficulty   96.39991956
Est. Next Difficulty   553.25268017 (Change in 1 Blocks)
Next Network Block   68619 (Current: 68618)

Real ?
next block number is 68844, next block difficulty is 2689.578

Sorry about that. We fixed it.
I was too busy and haven't seen the "masternode payment fork" postpone patch Sad

kangertech

full member

Activity: 189

Merit: 100

whatmine is in the wrong chain Grin

difficulty 50 best prof!

kuanglinliang

member

Activity: 70

Merit: 10

DRK these days very hot

dragonmike

hero member

Activity: 1274

Merit: 556

Quote from: chaeplin on May 15, 2014, 02:35:39 AM

Quote from: dragonmike on May 15, 2014, 02:27:16 AM

Hmmm... I'm mining on xhash since last night but the last block was found only 14 hours ago... they used to crack 1 or 2 blocks an hour... Is anything wrong? :-l

They did not update wallet.

They sit on a wrong blockchain.

Current Difficulty   96.39991956
Est. Next Difficulty   553.25268017 (Change in 1 Blocks)
Next Network Block   68619 (Current: 68618)

Real ?
next block number is 68844, next block difficulty is 2689.578

This is what I feared. 8 hours of mining down the toilet, grrrrr. Just switched to DRKpool. :-/

jk_14

legendary

Activity: 1292

Merit: 1000

"Darkcoin [DRK] was launched on 18-Jan-2014 as “XCoin”. It is a CPU only coin with hybrid hashing algorithm using 11 rounds of scientific hashing functions
(blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)."

X11 algorithm ASIC Howto:

http://eprint.iacr.org/2009/510.pdf

The Koolio

hero member

Activity: 560

Merit: 500

Minds are like parachutes they work best when open

i made a nice amount. Put it like this, I didnt have to work career anymore. Roll Eyes

Quote from: mannie on May 15, 2014, 01:28:01 AM

Quote from: The Koolio on May 15, 2014, 01:15:07 AM

+1 internets for you sir

Quote from: mannie on May 15, 2014, 01:13:53 AM

I just found this on an old thread from Jan 2012. The BTC price was around $6 then. Interesting to consider for all those people who says Darkcoin can't go any higher...

Quote from: Wekkel on January 05, 2012, 03:08:10 PM

To put things into perspective, a table of values (with 21 million BTC).

economy size

$1
$10
$100
$1,000
$10,000
$100,000
$1,000,000
$10,000,000
$100,000,000
$1,000,000,000
$10,000,000,000
$100,000,000,000
$1,000,000,000,000
$10,000,000,000,000
$100,000,000,000,000

value of 1 BTC

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.05
$0.48
4.76
$47.62
476.19
4,761.90
47,619.05
476,190.48
4,761,904.76

the global money supply is estimated at some USD 70 trillion. Let's assume 60 trillion for the sake of argument. This money changes hands daily to support the world economy.

1.
6 billion people in the world. Average of USD 10,000 for each person in the world. Compared with the maximum of BTC = average of 0,0035 BTC for each person in the word Shocked

2.
If only 0.001% of all trade in the world would be done via BTC, that would replace the function of USD 600,000,000 of currency (approx USD28/BTC). Imagine if that portion would be 1%.

3.
Imagine that 6 billion people on earth all have 1 BTC in average to let their whole economy function (USD2,857,142/BTC).

4.
There is a high probability that the spreading of BTC will follow the classic rules of adoption of new ideas (provided it overcomes the current technical hurdles). On average, if 13% uses BTC, the rest will follow without a doubt.

Background:
http://en.wikipedia.org/wiki/Diffusion_of_innovations
http://www.sciencedaily.com/releases/2011/07/110725190044.htm (we just need to believe in BTC's success hard enough)

5.
Hence, it's always hoarding time.... Grin

I see you were in BTC in the early days, Koolio. How much did you have, if you don't mind me asking?

AlexGR

legendary

Activity: 1708

Merit: 1049

I pulled an excel sheet to check coin prices adjusted for same mintage numbers.

If all of the coins below had 10.000.000 coins in circulation (so that we can compare price per coin without having to factor in the problem of some coins having billions, other millions and other thousands of coins in circulation), the price per coin would be:

Bitcoin   $570.35
Litecoin   $29.77
Peercoin   $4.49
Dogecoin   $3.56
Nxt      $3.24
Darkcoin   $2.08
Namecoin   $1.80
Mastercoin   $1.37
BlackCoin   $0.73

The question is: Does it make sense for:

Litecoin at 29.77 and Darkcoin at 2.08?
Doge at 3.56 and Darkcoin at 2.08?

Despite the upward trend, which may, or may not be corrected, is Darkcoin "overpriced"?

If the answer is no, then one hasn't missed the train.
If the answer is yes, then where does that leave DOGE or Lite? In "epic bubble" status?

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5958. (Read 9723858 times)