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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 5982. (Read 9723858 times)

hero member
Activity: 966
Merit: 1003
Darkcoin is 0% premine, has a functional gui, has coin mixing and will implement IP obfuscation and ring signatures in V2.

And will have a network of 1000+ masternodes which will allow all kinds of exciting possibilities we can't even imagine yet.
legendary
Activity: 1708
Merit: 1049
Has anyone looked into Bytecoin (BCN)? What are the main differences compared to Darkcoin?

Bytecoin is, from what I hear, ~80% premined (as they waited 2 years to go public), has no gui and only has ring signatures.

Darkcoin is 0% premine, has a functional gui, has coin mixing and will implement IP obfuscation and ring signatures in V2.
sr. member
Activity: 280
Merit: 250
Bitnation Development Team Member
Hard fork : 57 blocks, 2.4 hours left

This is wrong.

The fork is occurring at  14 May 2014 19:09:40 GMT.
? nvm

Hard fork : 25 blocks, 1.0 hours left

http://drk.poolhash.org/graph.html

No, it says "pchMessageStart change : -0.7 hours left" which is correct. The masternode one isn't happening for another 10 days. It is a hardcoded timestamp, which occurred over half an hour ago.
sr. member
Activity: 284
Merit: 250
Hard fork : 57 blocks, 2.4 hours left

This is wrong.

The fork is occurring at  14 May 2014 19:09:40 GMT.
? nvm

Hard fork : 25 blocks, 1.0 hours left

http://drk.poolhash.org/graph.html
sr. member
Activity: 280
Merit: 250
Bitnation Development Team Member

  • Updated to support latest hardfork
  • Upgraded servers to 1Gbit multicore with masses of RAM
  • Changed DNS records, so anybody using the IP address must update

ANYBODY USING THE OLD IP ADDRESS OF 213.229.88.102 MUST UPDATE:
NEW URL: drk.p2pool.n00bsys0p.co.uk:7903 OR 92.63.139.250:7903

Happy mining!
member
Activity: 67
Merit: 10
Has anyone looked into Bytecoin (BCN)? What are the main differences compared to Darkcoin?
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
If I don't plan on moving the DRK in my wallet, is there any need to update? If I have my wallet backed up, I can just download the most up to date wallet at some point in the future, and my coins will be safe, right?

Yes.
newbie
Activity: 15
Merit: 0
If I don't plan on moving the DRK in my wallet, is there any need to update? If I have my wallet backed up, I can just download the most up to date wallet at some point in the future, and my coins will be safe, right?
legendary
Activity: 1456
Merit: 1000
I just read Vertcoin is going to implement "stealth adresses". Could not find anything as specific as I am used here on the functionality, i.e. only stuff at the level I would explain it, i.e. "anonymous transactions", but thanks to you guys here I know it is not as easy as it sounds. I like and respect the VTC Devs pretty much though. Can any expert compare the two approaches? Thanks!

try one of the sources

https://bitcointalksearch.org/topic/m.4538359
full member
Activity: 224
Merit: 100
KryptoBonds, Bonds Industry now in Blockchain
I think the rise will end when the pumpers dump. Those buy walls are there for a reason. They were 155 and 153 respectively two days ago. I could be wrong but it just looks like a vert pump all over again and when the dump comes, it will be intense. Here's to hoping I'm wrong.

The reason you might be wrong is:

[1] - that this isn't a 'safe' "pump and dump" coin for dumpers. It is actually being bought on solid fundamentals which makes it far tighter on liquidity when there's a change in sentiment. If you watch the major dumps, they have all blown up in the dumpers face shortly afterwards as the market takes off again

[2] - it's been steadily rising for weeks. Lately, the pump and dump cycle has been getting ever faster - down to several hours for example for CINNI.

[3] - there have already been plenty of "tree shaking" moments lately. It lost nearly half it's value about 2 weeks ago and had a further few shocks since then. All of these tremors help to pack the price in

[4] - there is a certain market cap threshold which an asset can get to which gives it a stabilising inertia. Look at the top 7 or 8 coins on marketcap. They've been there since the dawn of man (well, of crypto alts at least Smiley ). That's because mass holding gives the asset a kind of market "rubber stamp" that secures its position and makes it very resistent to challenge - even from newer coins having major technological improvements. (Witness Litecoin. Almost every other coin out now is about 50 times more technologically advanced. It doesn't even do anything interesting except confirm a bit faster than Bitcoin. All the same - check its market cap compared to the nearest competitor).

On the other hand, of course, you may be right. No one can ever tell in this market. It's the wild west with some earthquake zones and a few untamed lions thrown in for good measure.

But we must keep our thinking hats on all the same and not just throw in the towel because there's too much turbulence to read the writing on the page. The writing's still there and pumpers and dumpers will definitely not have the last say on which technologies and assets emerge from all this intact.


I think you make good points, but at the same time, it was similar praise and optimistic forecasts that made me invest between .004 and .005 during/after the big pump all the way from .0015. I believed in the coin, but I was not aware I was buying near the all-time high after a big pump (or rather, I was not aware of what that meant).

Yes, Darkcoin is a freaking awesome coin with a lot of potential. But at the same time, be careful about buying literally at the all-time high.

I honestly don't know what will happen with the price now. I feel like shit because I sold my coins around .006, thinking it would be quiet for a few weeks and that the price would settle lower. Just my two cents.


NOMEN EST OMEN Wink
time for a panic buy...
legendary
Activity: 1708
Merit: 1049
Also, this isn't a market that's easily day tradable. There isn't enough spread or liquidity in the corrections to pull it off without a lot of experience and taking a couple of weeks off your life expectancy.

You can say that again: I'm a bit on edge due to trading DRK in the last weeks and I noticed a very noticeable increase in white hair Grin
newbie
Activity: 32
Merit: 0
It's common sense... I can't explain to you how to take a leak or why you should. Seeing this kind of thing makes me wonder if you can be trusted to secure your coins... It makes me wonder if crypto adoption is doomed because there's just not excuse for being this deep in it and having no idea what's going on...

The urgency with which I ask you to please RTFM cannot be understated. You'll lose your coins and then blame the crypto, spreading FUD...  When in reality, your refusal to get even the first clue is the real problem.

This question and answer scenario has not taught you anything except how to accidentally delete your wallet.dat, which you clearly haven't made a backup of because you didn't even know where it was...

Normally an update is just like "update.exe" that updates everything that is necessary. That's how I updated bitcoin-core just today. It just wasn't my common sense to delete everything and start fresh with new .exe.
Thank you for your concern, but I do know how to make a backup, and I have made a backup several times with different coins. Although I knew where the wallet.dat is located, it can also be backed up through the wallet client, so I don't really have to even find it anywhere. And I have encrypted my wallet, etc.

edit: small edits
legendary
Activity: 3066
Merit: 1188
I think you make good points, but at the same time, it was similar praise and optimistic forecasts that made me invest between .004 and .005 during/after the big pump all the way from .0015. I believed in the coin, but I was not aware I was buying near the all-time high after a big pump (or rather, I was not aware of what that meant).

Yes, Darkcoin is a freaking awesome coin with a lot of potential. But at the same time, be careful about buying literally at the all-time high.

I honestly don't know what will happen with the price now. I feel like shit because I sold my coins around .006, thinking it would be quiet for a few weeks and that the price would settle lower. Just my two cents.

There was nothing wrong with buying in at .004 and .005. It was maybe an all time high back then but it isn't now. The mistake you made was selling at 6 (assuming you dumped your entire holdings). If I'm in a market long term and decide to day trade, I'd maybe only risk 25% of the holding. Also, this isn't a market that's easily day tradable. There isn't enough spread or liquidity in the corrections to pull it off without a lot of experience and taking a couple of weeks off your life expectancy.

If it makes you feel any better, I bought a whole pile at 62, right at the top of the curve. Then it sunk back down to 58 and then further flash crashed to 48. I didn't mind because I knew this was going up long term and I knew there was a correction coming somewhere and I might be on the wrong end of it.

You shouldn't feel sick about your mistake, you should take action. If you really want to be invested long term just buy back in with less and take the pain. It'll wear off in a couple of days and feel laughable in a week Smiley
hero member
Activity: 560
Merit: 500
You can expect ymer any moment now announcing how he just dumped his entire stash ROFL
The stash that he dumped numerous times already at lower prices, because DRK was overpriced at the time.  Cheesy

Yes for the 47th time  Grin Grin



Yes, all his 12 DRK  Wink Wink
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
I wouldn't buy at this price level.
It will return to 0.001 next few weeks 90% sure
Be careful when buying at the top.

delude yourself, it won`t get there never again!
sr. member
Activity: 393
Merit: 250
sr. member
Activity: 546
Merit: 250
If anyone is looking for a p2pool which HAS just updated to the latest darkcoind and running the patched p2pool software.

http://x11p2p.com:7903/

U.S server. 0.5% Fee
legendary
Activity: 984
Merit: 1000
I just read Vertcoin is going to implement "stealth adresses". Could not find anything as specific as I am used here on the functionality, i.e. only stuff at the level I would explain it, i.e. "anonymous transactions", but thanks to you guys here I know it is not as easy as it sounds. I like and respect the VTC Devs pretty much though. Can any expert compare the two approaches? Thanks!
newbie
Activity: 27
Merit: 0
I wouldn't buy at this price level.
It will return to 0.001 next few weeks 90% sure
Be careful when buying at the top.

FWIW, since both utclover and I said 'be careful when buying at the top', I'd like to completely disassociate with utclover. .001 sounds absurd.
hero member
Activity: 658
Merit: 500
I wouldn't buy at this price level.
It will return to 0.001 next few weeks 90% sure
Be careful when buying at the top.

Care to bet 50 drk on it?
I'll bet 10 btc to your 10 btc that dark is above .002 come June 4.
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