Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5961. (Read 9723858 times)
May 15, 2014, 12:23:03 AM
what if darkcoin shoots up like BTc did inthe past
May 15, 2014, 12:19:06 AM
May 15, 2014, 12:17:49 AM
Why I like DarkCoin
By Jesse Livermore
I like DarkCoin because I can imagine a not-too-distant future where 99.999% of all available DRK is locked up in master nodes thereby making my non-master node-connected DRK be priced as I wish.
Evan has successfully designed and created the most insane positive feedback loop that has ever existed in the capitalistic world.
1 question though:
-Why the hell can't I buy DRK with fiat yet? (I would rather not buy through other coins' USD conversions on moolah, coinbase, etc)
JL
By Jesse Livermore
I like DarkCoin because I can imagine a not-too-distant future where 99.999% of all available DRK is locked up in master nodes thereby making my non-master node-connected DRK be priced as I wish.
Evan has successfully designed and created the most insane positive feedback loop that has ever existed in the capitalistic world.
1 question though:
-Why the hell can't I buy DRK with fiat yet? (I would rather not buy through other coins' USD conversions on moolah, coinbase, etc)
JL
Very interesting point. How will the masternodes receive an income if most of the coins get consolidated into masternodes? Would there be low liquidity and low volume due to consolidation? Low volume would mean low income for the masternodes?
Masternodes take their income from newly issued coins (10% of newly issued coins).
May 15, 2014, 12:16:47 AM
There's no way this coin is like the other coins. This coin is different and will keep going up, this is awesome!
This growth rate can't be sustained. The price has almost doubled in 24 hours.
And block reward halved in the same period... with the new nvidia miners round the corner making big gains in hashing power, it seems we go from 7000 coins per day to just 2880 (contrast that to 28.800 litecoins which require 288.000$ daily to be purchased off the market).
Btw, I don't think people realize that Darkcoin is actually ...3$ cheaper than DOGE (if DOGE's monetary supply was adjusted to 4.3mn coins).
I like your perspective AGR. Can you outline the effect of 1% of Bitcoin market going to an anonymous coin? I know you've done it before - it's an eye opener!
The transparent market is a monopoly. We used to have just one choice up to now: Transparent coins all of which coexist in the 7bn transparent market.
Now a new choice is presented: Anonymity. Anonymity begins at 0% marketshare of the 7bn cryptocurrency market.
A monopoly has 100% marketshare. When a monopoly breaks, by the introduction of a new choice, the new choice is usually explosive in its growth. The marketshare of the transparent coins will fall from 100% to 99% and lower while the marketshare of anonymous coins will go from 0% to 1% to higher.
If just 1% of the transparent money goes to anonymous coins, we are talking about 70mn market cap. If it goes up to 10%, we are talking about 700mn market cap for anonymous coins. The effect could be exaggerated further due to the small price of the anonymous market which will spike violently upwards as it struggles to keep up with the money inflow (ie small amounts of money can sweep the orderbook for fun).
That slice of the whole market that can be claimed by the anonymous market is too large. It can fit in there a booming Darkcoin, many clones, additional anonymous coins and existing coins that opt for anonymity features in the future. However first mover has the advantage and the original has the advantage over the clones.
I remember when making the argument in the past, the total anonymous market was like 3mn usd. Now it's >20mn usd and rising, heh.
---
Sorry for not participating a lot these last 2 days, but I'm creating a FAQ for Darkcoin - which has escalated to something like 5000 words: http://wiki.darkcoin.eu/wiki/FAQ
I think I can take it to 100 Q&As and then perform a context organization per topic.
Send me questions, Q&As, corrections, suggestions, feedback etc. If you feel like it, you can also send some tips for encouragement
Thank you in advance. May 15, 2014, 12:16:28 AM
What the f' is going on with the official pool? My miners are continually getting "temporary bans". Someone care to explain?
May 15, 2014, 12:11:01 AM
May 15, 2014, 12:09:52 AM
7 Namecoin $ 17,897,798 $ 2.04 8,761,832 NMC $ 41,295 -0.36 %
8 Darkcoin $ 17,466,580 $ 4.08 4,284,995 DRK $ 2,312,135 +44.31 %
namecoin is so next !
couple of hours and boom ….>>
8 Darkcoin $ 17,466,580 $ 4.08 4,284,995 DRK $ 2,312,135 +44.31 %
namecoin is so next !
couple of hours and boom ….>>
we were just on 7th ...
the next opponent is Nextcoin .... 
May 15, 2014, 12:08:39 AM
Why I like DarkCoin
By Jesse Livermore
I like DarkCoin because I can imagine a not-too-distant future where 99.999% of all available DRK is locked up in master nodes thereby making my non-master node-connected DRK be priced as I wish.
Evan has successfully designed and created the most insane positive feedback loop that has ever existed in the capitalistic world.
1 question though:
-Why the hell can't I buy DRK with fiat yet? (I would rather not buy through other coins' USD conversions on moolah, coinbase, etc)
JL
By Jesse Livermore
I like DarkCoin because I can imagine a not-too-distant future where 99.999% of all available DRK is locked up in master nodes thereby making my non-master node-connected DRK be priced as I wish.
Evan has successfully designed and created the most insane positive feedback loop that has ever existed in the capitalistic world.
1 question though:
-Why the hell can't I buy DRK with fiat yet? (I would rather not buy through other coins' USD conversions on moolah, coinbase, etc)
JL
May 15, 2014, 12:07:29 AM
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
1,2,3...TROLL!!!!
1,2,3...BAGHOLDER!!!!
Fuck off!
May 15, 2014, 12:04:56 AM
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
1,2,3...TROLL!!!!
1,2,3...BAGHOLDER!!!!
May 15, 2014, 12:02:26 AM
Where can I get a masternode count?
First post has link.
Thanks I keep forgetting about the front page
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
I'm talking a year or two away. It's possible.
And yes, I am high.
May 15, 2014, 12:01:51 AM
Where can I get a masternode count?
First post has link.
May 15, 2014, 12:01:21 AM
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
If any altcoin could do it, it would be DRK.
May 15, 2014, 12:00:56 AM
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
It could be over ten dollars within a week... Anyway nice going guys, if we can keep climbing and bump off Ripple it would make up for my losses elsewhere
May 14, 2014, 11:59:41 PM
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
Calls for $100 are a sell signal in my book
May 14, 2014, 11:57:53 PM
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
1,2,3...TROLL!!!!
May 14, 2014, 11:57:39 PM
if that was the sell-off just now, it wasnt much of a drop...
i was hoping it may drop back to around 0.008 so i could buy in again. this time, I aint selling either!
i was hoping it may drop back to around 0.008 so i could buy in again. this time, I aint selling either!
May 14, 2014, 11:56:55 PM
Not selling anything until darkcoin is over $100
$100 don`t make you free men....or meaby does if you keep at least 10000 coins
Man for someone like me, a struggling student, once it gets to $100 its going to be so hard not to cash out and pay off some debt
Are you guys high? There is ABSOLUTELY NO WAY that DRK is hitting even close to $100. It would be lucky to even hit $10.
May 14, 2014, 11:56:01 PM
Where can I get a masternode count?
May 14, 2014, 11:55:48 PM
7 Namecoin $ 17,897,798 $ 2.04 8,761,832 NMC $ 41,295 -0.36 %
8 Darkcoin $ 17,466,580 $ 4.08 4,284,995 DRK $ 2,312,135 +44.31 %
namecoin is so next !
couple of hours and boom ….>>
We overtook namecoin as expected. I didn't really think that it would come so quickly though. 8 Darkcoin $ 17,466,580 $ 4.08 4,284,995 DRK $ 2,312,135 +44.31 %
namecoin is so next !
couple of hours and boom ….>>
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