Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6012. (Read 9723858 times)

How Darkcoin got started, by its creator:

https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

it would be a problem if they were valued as much in the beginning as now. Which they weren't.

Hi, I`m no techie and not even quite sure what instamine (as opposed to premine) means, but I´ve read pretty much the whole thread and I`ve seen this topic pop up again and again, as well as the rebuttals and I`ve read the whole story, including Evan`s failed attempt to "airdrop" some DRK.
As far as I get it, it was a honest mistake and as you seem to follow this thread, you should by now have read the most recent rebuttals to you claims.
So I feel fine about the issue you mention, but I`m starting to feel you are dishonest in your endeavour, i.e. you do not seem to whish to inform people, but to scare them away.
Please stop that.

I feel that there is a detailed thread from the developer and creator of Darkcoin on how the coin started

https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

 How come none of you are concerned about this??

12% of all the darkcoins that ever will be was instamined by Evan a couple of his friends on day 1.

What kind of dev launches a coin without a windows wallet?

Seriously people, learn the truth! You can't just put your head in the ground and pretend this didn't happen.

How many coins are your mining rigs producing for you? 1 maybe 2 per day...

Well, your wonderful dev and less than 10 of his friends instamined 500 coins per second on day 1.

Think about that for a minute, that is a FACT, not trolling. 500 coins per second!

How do you feel about that?

seriously? again? you have been dealt with this issue 3 times now. It is apparent that you haven't read anything about it.

Which coin are you working for really? You are just plain jealous. This low tactic is so frustrating if you believe in your other coin build on the strengths of that. Trying to bash on something that's not true for the most promising coin out there is never going to work. Stop wasting your and our time and go and focus on something that works for your coin in another way

Let’s not forget Bitcoin was premined for 6000 coins before launch…
How do you feel about that?

I feel that there is a detailed thread from the developer and creator of Darkcoin on how the coin started

https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

Do you know that your coin was premined by billions ?

How do you feel about that ?

This is a long thread...new buyers have not read it all...

Do you know that darkcoin was instamined at 500 coins per second on day 1?

Do you know that in the first 24hrs 2.2 million coins were mined?

Do you know that no windows wallet was available on day 1?

How do you feel about that?

Expect a bit of a rally to start over the next 24-48 hours barring any negative news.

Order book asks starting to thin out. Bids thickening.

4hr MACD histogram has put in its first clear bar on the lee-side of the downwave with crossover projected in about 12-20 hours. 1 hour already flipped slightly wide after glancing off the signal line following Evan's little market 'fright' yesterday.

Analysis is further endorsed by the fact that last night's 2000 sat order book spread has been closed to 1000 by the bid side.

Seats please.

Wallet updated on C-CEX.com exchange!

Because of time zones, I want to kick this off and bump later. It also gives people a chance to see where I'm coming from for the discussion so we don't have a random discussion later on my suggested strategy session for getting DRK to $214.5/DRK by Nov.


Anyone want to join - suggest freenode #darkcoin?


Firstly, given the unique features of DRK there is no reason why DRK cannot be worth $1bn by Nov 2014.

But just saying it doesn’t make it happen. If we can articulate why it will happen and then put in place the steps to help it happen, i.e. a strategy, then execute on those steps, that is what investors like to see with a project with good fundamentals which makes the investment a long-term hold:

A focal point for believing the product is good enough and the direction of travel is well thought out and solid enough over the short, medium and longer term.

What five things do you feel are needed to get us to $1bn by Nov 2014?

Here are my thoughts:

1.   Technology -  Darkcoin is fundamentally about the technology. That needs to be 100% solid.

Evan is a natural leader.  He wants to make a ton of money and is doing all the things needed from a technical standpoint to make it happen.

InternetApe is fantastic and works away keeping the show on the road.

We need to create a protection ring around them and anyone that joins the technical support from all the FUD.

Evan has identified many of the things needed to make Darkcoin unbeatable on a number of fronts. Even where others believe this or that alternative has better tech, they fall down in other areas.

So DRK tech is becoming very well rounded against its competition. It is emerging as a big player in the big leagues.

At some point Evan is going to get called up for interviews, so better get the technical work out the way and then the media stuff will help drive the price.

2.   Media momentum

Darkcoin has a number of smart traders around. We need them to provide more input and what needs to be done on momentum to keep the price level moving upwards.

From what I can tell, news events are one of the things that drive the price of crypto.

Anticipation prevents sellers dumping and moving to the next big thing and this gives price stability and upwards momentum.

We can’t control when people write stuff in the media about Darkcoin. What we can control is milestone releases.

I think we should identify key milestones and release them every 2 weeks. Some of these milestones might be news worthy.

From Dark Gravity Wave updates, to Ring Signatures, to release updates, to IP obfuscation and news about secret development projects.

There must be a way to create RSS feeds we can create to keep people in the loop with news worthy updates.  Maybe freenode every week at the same time?

We had a PR bounty to get media contact names, we should start to use that. We should also take to twitter and engage with media people, that is where they spend their lives because that is where news propagates.

Over the coming months, regulation is going to feature heavily – in a positive way. Politics now accepts crypto donations, finance firms are going to get licences for all sorts of things and exchanges are going to open up fiat-crypto options.

We need to be in the media when these things are mentioned. Privacy is newsworthy.

3.   Competitive landscape

To get to $1bn we also need to point out why Darkcoin is better than Litecoin and a good option for Bitcoin users.

Litecoin spent a lot of time trying to get listed on big exchanges. When it did, in particular the Chinese exchanges, the price didn’t go to the moon as many expected. Instead it traded in a narrow downward range with the price linked to Bitcoin.

We have enough exchanges, more is worth having, but a bigger focus should be placed on why Litecoin and other transaction coins will be at a competitive disadvantage to the new breed of privacy coins, of which Darkcoin has the benefit of an early brand lead given the amount of exposure being in the top 10 of Coinmarketcap has provided.

Any short-term discussions about brand and logos can’t get in the way now, because of being a top 10 crypto.

Zerocash is about to get a lot of media exposure but now it should be framed with Darkcoin being mentioned. If it doesn’t, take to the comments boxes – it worked with Wired.

Litecoin is too much of a competitor of Bitcoin, despite their attempts to suggest that Litecoin is for spending and Bitcoin is for investing.

We should look at saying Darkcoin is for spending on privacy centric aspects as these are by far the most profitable payment networks. With the advent of Sidechains, Bitcoin is going to be more about the benefits that can be derived from the block chain.

Over the short-term, darkcoin can create a symbiotic relationship with Bitcoin – Darkcoin for spending on private things, Bitcoin for things you want to be on the block chain for providing analysis to verification of ownership of property rights.

This symbiotic relationship is something all the privacy centric coins will want to establish. Darkcoin has a growing exchange liquidity to make it a reality, subject to stable and rising prices linked to media coverage, linked to technical development and milestones.

4.   Expenditure focus

So this is something every coin wants – places for people to use their coin in the real world as a payment tool.

I have highlighted several places where this can happen. We need to find ways to engage with these people. Stickers for shop doors, DRK payment processors, ATMs in legal gun shops and legal cannabis outlets. DRK being used in porn should give every investor the horn - they are a good fit.

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

5.   Parallel drive

Lastly, to drive the price and maintain momentum, we can’t have:

•   Disarray; or
•   Linear progress; or
•   People wasting time on repeating the same things.

We need to be organised and have lots of people doing parallel activities and ensuring they are coordinated with few overlaps and no conflicts in either message or work.

The wiki and similar places are great places for pointing to facts and standard responses.

There are plenty of Darkcoin supporters with lots of experience and are heavily staked. We need support and input. Sitting on the side lines and waiting for the price to go up is more of a hope strategy – hope is never a strategy.  

In crypto, price discovery is everything. Nothing helps push up prices better than sellers that are afraid to sell for fear of losing out. That only comes from smart hard work on the project as a team.

Nothing beats hard work to make things happen.  It’s hard work on DRK, or hard work trying to pick out the next big thing from the sea of crap out there?

$1bn this Nov is within our reach. Investors, day traders, casual observers, customers and partners just need valid reasons to believe in DRK.

With Evan as lead and a good support network to clear the path for good work, $5bn next Nov is within our ability and control to achieve or throw away.

Its very easy to disappear up your own arse with some of this stuff, so feel free to challenge any or all of it.

See my comment on using Darkcoin to avoid tax:

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

That can be an opportunity with the right advice, not a threat.

Yes, but IRS is also mentioned in that sentence. Me not like!

 Having issues again with testnet !!

 backed up wallet, deleted darkcoind and testnet3. Got the latest 10.7.3 version on both server and local.

 "version" : 100703,
    "protocolversion" : 70014,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 4677,
    "timeoffset" : 1,
    "connections" : 3,
    "proxy" : "",
    "difficulty" : 0.01599701,
    "testnet" : true,
    "keypoololdest" : 1399934203,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""

Stuck at 4677.

DO I need more nodes to connect other than 23.23.186.131?

"Just think about the real world applications:  Political campaign donations by the Koch Bros, transfering wealth into authoritarian regimes, buying/selling unregulated goods, tax shelters, corporate privacy, the list goes on and on."

There, fixed that for you.

A passing mention in Bloomberg


So now Darkcoin is getting mentioned in the same breathe as Bitcoin, Litecoin  

http://www.bna.com/bitcoin-litecoin-dogecoin-b17179890404/

great. using this as the starting point for discussion later (hopefully get some input from others) on strategy to getting DRK to $1bn by Nov 2014

Wallet updated on C-CEX.com exchange!
Welcome to trade DarkCoin to BTC, USD, LTC or any other coin. We have many active DRK/... pairs.

https://c-cex.com/?p=drk-btc