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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6019. (Read 9723858 times)

legendary
Activity: 966
Merit: 1000
I'm glad I'm still holding my darkcoins Grin Grin

not selling under 5$

I am seriously not selling any under 500 USD and then just some to hedge my investment, and directly for fiat not interested in BTC.

EDIT:  Just think about the real world applications:  Political campaign donations, transfering wealth out of authoritarian regimes, buying/selling regulated goods, tax efficiencies, regular privacy, the list goes on and on. We are at the very beginning.
I'd be pretty amazed if the USD is worth anything much by the time we achieve bitcoin parity. (18 months tops is my guess.) By then you'll be able to buy your new toys directly with DRK, or trading it for Roubles or CNY.
legendary
Activity: 1708
Merit: 1049
One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.

Sure, an abundance of X11 coins would make ASICs appear for X11. But, if none of them are pointed at a DRK pool, we still have The Bomb scenario, but then ANYONE could drop it.
How viable is it to somehow make it so that all the X11 networks are actually one network?  You mine DRK, you shore up the networks of other coins as well.

Hopefully that makes sense.

I think it would be great for X11 to have merged mining of multiple (or all?) X11 coins.

DRK's diminishing rewards with escalating hash is good for low inflation but can be a problem for protecting the network in the long run if it's not profitable to mine.

Merged mining would render X11 mining very profitable (multiple revenue streams for miners who dump x11 clones and shitcoins) and lend tonz of hashpower to the DRK network that it would otherwise not have. The thing is, is it doable? What would it require? I have no clue.
legendary
Activity: 1092
Merit: 1000
I'm glad I'm still holding my darkcoins Grin Grin

not selling under 5$

I am seriously not selling any under 500 USD and then just some to hedge my investment, and directly for fiat not interested in BTC.

EDIT:  Just think about the real world applications:  Political campaign donations, transfering wealth out of authoritarian regimes, buying/selling regulated goods, tax efficiencies, regular privacy, the list goes on and on. We are at the very beginning.
full member
Activity: 210
Merit: 100
Miners from EU, official pool is temporary unavailable. Please use this pool:


Our Pool is
Zero (0) %  Fee
 
X11

Darkcoin = http://dark.hashrate.eu/

Thanks..
newbie
Activity: 11
Merit: 0
I'm glad I'm still holding my darkcoins Grin Grin

not selling under 5$
legendary
Activity: 966
Merit: 1000
One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.

Sure, an abundance of X11 coins would make ASICs appear for X11. But, if none of them are pointed at a DRK pool, we still have The Bomb scenario, but then ANYONE could drop it.
How viable is it to somehow make it so that all the X11 networks are actually one network?  You mine DRK, you shore up the networks of other coins as well.

Hopefully that makes sense.
Personally, I wouldn't want to prop up the 'competition,' however laughable they might be. Darkcoin will win on its own merits, to hell with the rest, frankly.

edit: unless they are paying us shitloads of money. In DRK.
hero member
Activity: 658
Merit: 500
Lol where do these retards come from?

Equally retarded parents.
There are many. A lot are possibly supporters from other coins and butthurt from missing out.  If you look at the threads in this section going by the number of replies, we are in the TOP 5 and moving faster and faster. We have a active community (retards involved or not).
hahaha! cracked me up! to the troll-tards
legendary
Activity: 2674
Merit: 3000
Terminated.
One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.

Sure, an abundance of X11 coins would make ASICs appear for X11. But, if none of them are pointed at a DRK pool, we still have The Bomb scenario, but then ANYONE could drop it.
How viable is it to somehow make it so that all the X11 networks are actually one network?  You mine DRK, you shore up the networks of other coins as well.

Hopefully that makes sense.
You realize that this will take very long to make? It took a while before we had the ASIC for SHA and Scrypt. I don't think that there is enough interest for x11 yet.
legendary
Activity: 3066
Merit: 1188
Well there was an interesting exercise watching that flash crash after Evan's little "fright".

A lot of hands got shaken there. Talk about taking the pain quickly.

Also, people now know that if they dump below 55 it's just going to blow right up in their face, so that should shut all the fudsters up who've been saying it's over valued.

It clearly isn't (unless you want to argue with the market which quite a few on here do appear to want to do Smiley ).
 

Rux
legendary
Activity: 1291
Merit: 1024
https://crypto.ba
One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.

Sure, an abundance of X11 coins would make ASICs appear for X11. But, if none of them are pointed at a DRK pool, we still have The Bomb scenario, but then ANYONE could drop it.
How viable is it to somehow make it so that all the X11 networks are actually one network?  You mine DRK, you shore up the networks of other coins as well.

Hopefully that makes sense.

i dont need other CLONES to mix with this great coin!
 Smiley
hero member
Activity: 854
Merit: 1000
One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.

Sure, an abundance of X11 coins would make ASICs appear for X11. But, if none of them are pointed at a DRK pool, we still have The Bomb scenario, but then ANYONE could drop it.
How viable is it to somehow make it so that all the X11 networks are actually one network?  You mine DRK, you shore up the networks of other coins as well.

Hopefully that makes sense.
legendary
Activity: 2674
Merit: 3000
Terminated.
Lol where do these retards come from?

Equally retarded parents.
There are many. A lot are possibly supporters from other coins and butthurt from missing out.  If you look at the threads in this section going by the number of replies, we are in the TOP 5 and moving faster and faster. We have a active community (retards involved or not).
Rux
legendary
Activity: 1291
Merit: 1024
https://crypto.ba
if i may say... who cares about premine?

you mine or not...

 for those who think 0.002 is the interm price are fools who are trying to profit on someone, it will go up even higher this time

Smiley just go with the flow



Please can i just quote my self Cheesy

it was 1-2 days before GREAT pump Cheesy
sr. member
Activity: 364
Merit: 250
Pre-sale - March 18
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?

Some people don't have money to buy, but they do have a useless scrypt rig that's paid for. Some are people that have a cool gaming machine they can also mine with... If you don't have the dough, and you do have the the hashes...

If you could have mined only 0.1BTC a day in 2010, what would you have today?

They're not mining for today's value, that means there are a lot of people who understand the future and what the advances of DRK are worth for tomorrow. Tomorrow isn't here yet. But 0.1DRK today is worth how much paycheck tomorrow?

Well the point is that you can mine something else and sell to buy DRK the same day and still get a bigger share to hold for the future. Problem is that there's not really anything else to mine when it comes to x11 that will exceed DRK mining value by much.

And this is relevant due to the fact that a lot of users that has gone from scrypt to x11 will rather do hula hooping with bananas in a zoo filled with roided gorillas than going back to scrypt.

And a lot more are actually just buying rigs to mine x11 that can't turn to scrypt.

I only feel comfortable mining DRK cause that gives me peace of mind. I don't need to check current values short term or trade everyday. Renting out as main and failover to DRK = max profits + more free time.

(can't let you have a whole page by yourself camo ;P)
hero member
Activity: 560
Merit: 500
www.OroCoin.co
hero member
Activity: 560
Merit: 500
www.OroCoin.co

Ring signatures are going to be implemented in V2. I will begin development immediately after I opensource V1.

How do we compete against clones? Can they clone me? I work on this full time. In fact, I've only been at it four months. So far I've implemented DarkSend + X11 + DGW + Masternode payments. Plus, I've agreed to work on this project till at least Jan 2016 full time. So who on earth would invest in a clone?

AWESOME!

I don't know why anyone worries about this short time panic sell after reading that, cheap DRK fest, lol!

If this is cheap DRK... ;-)
hero member
Activity: 560
Merit: 500
www.OroCoin.co
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?

Some people don't have money to buy, but they do have a useless scrypt rig that's paid for. Some are people that have a cool gaming machine they can also mine with... If you don't have the dough, and you do have the the hashes...

If you could have mined only 0.1BTC a day in 2010, what would you have today?

They're not mining for today's value, that means there are a lot of people who understand the future and what the advances of DRK are worth for tomorrow. Tomorrow isn't here yet. But 0.1DRK today is worth how much paycheck tomorrow?
hero member
Activity: 560
Merit: 500
www.OroCoin.co
They called me troll for saying price didn't make sense @ 0.006.

They called me troll for saying that I would buy after it made sense. Right now it's @ 0.0047 and I still think it's high.

Watch out who you listen to in these boards guys.

Get hit by a bus, loser.

I held my BTC when trolls like you were barking. Paid ~$4 for each of my BTC. And I bought DRK between $0.4 and $0.7 with those BTC. What now, bitch?

I'll be holding my DRK no matter what the bumpanddumpers have to say.
hero member
Activity: 938
Merit: 1001
Is Official Pool Dead? Or under Ddos?


Anyone still mining in official pool? Plz confirm it!

All official things are dead. Dev gone too? Where DRK will go?

Official stuff has been down for several hours. Use other pools.

http://mining.darkcointalk.org/ is open for business.
hero member
Activity: 560
Merit: 500
www.OroCoin.co
I understand what you're saying, but once the difficulty is high enough to lower payments to 5 coins, it stops lowering.  So hopefully there is enough reward left to fight over and the hash will still be healthy.  I mean, people are still hashing now, and the coin hasn't really even begun to rise to the price I expect it to.??

While most people are looking at it from a  "to the moon" perspective of getting rich... And I may be heavily invested in it myself, my primary concern is that. It still loses 7% a year below the minimum. No big really...  My major worry is that the value will never peak high enough for this ratio you present to happen. We'd need $1,000+ DRK for that...

Quote from: LimLims
Reaching the minimum block reward is actually a good thing for mining profitability. Previously, block reward drops as diff increases, which effectively compounds the reduction in profitability. Once the block reward becomes static, it will be easier for the price to keep up with network hashrate.

Yes, but there also won't be any reason to mine... Giving The Bomb a place to live.

Lols, $1,000DRK and I'll never work again. But more importantly, if it DOESN'T happen, DRK essentially commits suicide. That would suck more than any amount of money I might make out of it.
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