What is this all about?
people arguing about darkcoin on coindesk!!!!
It's a non-factual claim. None were premined -- that's 0.00%. It was a fair launch and like many cryptos, early adopters enjoyed lower mining difficulty. The amount mined in the first 24h is about 2% the 84M max. I honestly wish people could let the coins compete on the quality of their features & implementations rather than manufacturing FUD.
The ONLY thing about DRK that prevents much higher prices is due to what you just said.
Current coin supply is less than 4 million DRK. 2% of 84 million is...
1.6 million, so in the first week probably 80% of the DRK was mined
No premine, but certainly a small number of people have this 80%
I have no problems with people that were smart enough and lucky enough to have mined the first 80%. Just dont keep promoting it as no-premine. It is technically true, but from a practical standpoint misleading and is an attack vector for credible complaints.
So a small number of people now have $2 million USD worth of DRK and they continue to cash out. Based on total volumes traded, there is still a long ways to go before even $1 million of that is sold.
James
This has already been discussed several times over.
A large amount of what was mined in the first days has been redistributed already, and what early adopters have, they keep.
If it wasn't, there were a lot of opportunities to dump at 0.002.
Just to make it clear, I wasn't the early adopter. First 2 weeks when I started mined 17 darks on 2 laptops... Only later I got some GPUs on it and bought more.
I wish I was earlier on this, but I wasn't end of story, no point beat the stick about it.
It was fair play and opened to everyone.
I'd say don't worry about it too much.
