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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6745. (Read 9723522 times)

hero member
Activity: 868
Merit: 1000
DRK still isn't trading on Bter.com.  I sent them a quick email asking to add BTC/DRK and CNY/DRK, worth doing!  Also the other chinese altcoin exchanges don't seem to have picked up on Darkcoin yet, they are worth contacting too.


Looking forward to the testing tonight! Smiley
hero member
Activity: 532
Merit: 500

I must haev missed somethin.. is the hack on ccex related to darksend?

No, not darksend , here's a quick explanation/summary I wrote earlier when someone asked if it was a good time to buy.

is now a good time to buy? Haven't really followed anything dark related

It's a great time to buy. DarkCoin is not a hype and pump/dump coin. It has attracted attention through actual value by means of the soon-to-be-beta (actually-in-alpha) DarkSend functionality (in addition to 11 different hashing algorithms which make it ASIC resitant, Kimoto Gravity Well (KGW) which makes it safe from multipools for example and adjusts difficulty every block and a great professional developer). This new feature will allow you to send coins anonymously directly from the wallet without passing by TOR (darkweb) or through a mixing service which requires trust in the operator of said service and also involve fees (2%). It is a trustless solution straight from the wallet and it will be the first coin to achieve such a feat. It experienced natural growth, going from around 0.00005 BTC when first hitting markets to 0.0025 BTC without any kind of useless hype (e.g. Maxcoin).

If you look at the price now though, it is quite a bit lower, ranging from 0.001 to 0.0014 depending on the market. What happened? One of the exchanges on which DRK trades (C-CEX) had a malfunction/hack which allowed a user to gain access to hundreds of BTC for free, which he couldn't cash out. He figured out that by buying DarkCoin, he could then transfer it out of the exchange easily, this caused a huge spike in buys since he put in around 300 BTC worth and bought up all DarkCoins up until 0.0075 BTC or 7.5 millibits. He then proceeded to transfer all those coins to another exchange (Poloniex) and started dumping as much as possible, as quickly as possible, with no regard for price. This caused a chain reaction which lasted for around 4 days. At first the coin recovered admirably to the dumps, staying very close to its regular price after a few dumps. After two days though, the price couldn't hold up anymore and we suspect that a lot of very early adopters started getting scared and began dumping as well.

Through some investigation and through a mixture of guilt, the "hacker" (who claims he actually isn't a hacker and the BTC simply appeared due to a mistake), came back and contacted the right people to start giving back the BTC he had taken from the exchange, since a lot of other people were affected and had their funds frozen. Of course he had lost a lot of value by filling very cheap buy orders for DRK so he can't possibly give it all back but the important thing is the dumps are stopped now and the coin has stabilized again. It has found solid ground and is starting to rise again. This rise will be fueled by the 3rd DarkSend alpha test which is happening tomorrow and after that, the developer (eduffield) has said that the beta will come soon as the code is very solid.

You have a unique chance right now to buy into a coin which really isn't supposed to be available at these prices anymore due to its real value. Only reason it's low right now is because of the situation I explained above. It belongs on the top of the charts as much as other coins with added functionality such as Peercoin/Namecoin for example. It's not a simple clone like 99% of other coins and it's here to stay.

TL;DR - Great time to buy
legendary
Activity: 1050
Merit: 1000
Mintpal
2014-02-28 15:26:28   BUY   0.00115997   14.19017733   0.01646018

i'm a f.ing genius, i love statistical study!

dude ... mintpal got small dark trading volume i use crabtsy
legendary
Activity: 1232
Merit: 1001
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.

The problem is there is not enough demand at the moment for the steady supply of fresh coins.

Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.

That might be actually intentional Smiley I have a similar feeling about Vertcoin btw, that the creators want to give themselves more time before they start the hype machine on full steam.

Without any hype right now, and with all the dumps because of the hack on ccex... it's hard for it to go up. Praying for darksend.

I must haev missed somethin.. is the hack on ccex related to darksend?
legendary
Activity: 1176
Merit: 1036
Dash Developer
hero member
Activity: 532
Merit: 500
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.

The problem is there is not enough demand at the moment for the steady supply of fresh coins.

Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.

That might be actually intentional Smiley I have a similar feeling about Vertcoin btw, that the creators want to give themselves more time before they start the hype machine on full steam.

Without any hype right now, and with all the dumps because of the hack on ccex... it's hard for it to go up. Praying for darksend.
sr. member
Activity: 490
Merit: 250
Mintpal
2014-02-28 15:26:28   BUY   0.00115997   14.19017733   0.01646018

i'm a f.ing genius, i love statistical study!
sr. member
Activity: 291
Merit: 250
When I first heard about bitcoin I thought it was anonymous…

(time passes)

Recently it has become obvious to me that bitcoin could become a nightmare, a tool for control in a dystopian future and not the brave new technology to free us from the tyranny of governments and central banks.

The open ledger, lack of fungibility and lack of anonymity in bitcoin point to a future in which private finances could become  an impossibility in a world where everybody's money is held in the clear and visible to all members of the network and governments.

Disturbing calls from some members of the bitcoin community for government regulation only prove that bitcoin is losing its way. Seeking validation from the very same institutions the bitcoin protocol was designed to flout only means it will ultimately be co-opted by those same institutions, any vestiges of its former glory stripped away. Government regulation is anathema to the cypherpunks and to the spirit in which Satoshi created the bitcoin protocol.

Even if it were possible to add strong anonymity to bitcoin, the core developers are understandably nervous about adding features to a currency which is still seeking acceptance. Now that governments are getting involved it is a moot point. Adding anonymity to bitcoin simply will not be permitted by governments.

Pseudo-anonymity means nothing. You're anonymous or you're not. Pseudo-anaonymity is a broken promise, a crumbling cookie. Thus bitcoin falls short of its ambition to become digital cash.

Hence… DarkCoin.

I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying:

"DarkCoin is digital cash."



so bloody +1

I can swear that you can read my mind... and write it better.
These are EXACTLY my thoughts, and I went through the exact frustration from the pseudo-anonymity of bitcoin and the other cryptos.
When I sent someone btc and they could see what i have in my wallet and my history of transactions, i felt naked and very frustrated. I came to the conclusion that bitcoin is like usenets were for the internet at the begining. It was a good proof-of-concept, but fell short.
I was SO HAPPY to hear about darkcoin, and I too believe that the major coins (i.e. btc, ltc, etc) will be impotent in the face of the government and will NOT include darksend abilities in their protocol, simply so that governments and regulators let them be.

I vote for darkcoin, in words and what i have. I don't care how the coin performs in the short term and I have my orders in place to buy more, and will keep doing so. The only thing I care about is the realm of the darkcoin philosophies, and as long as the dev team focuses on the development, I'm more than happy.
After a decade of having the same desktop picture of a Linux penguin sucking microsoft soft-drink, i replaced it with joy with the beautiful wallpaper of darkcoin that someone here made.
For me it is a dream come true. FREEDOM!!!
legendary
Activity: 1050
Merit: 1000
Sell
0.00085000   4717.90288684   4.01021745


Buy
0.00083002   1900.00000000   1.57703800



someone is chaining price .....                 

sr. member
Activity: 291
Merit: 250
Checkout the work-in-progress website! It's really coming along

http://darkcoin.us/io/

Is it just me who likes the feel of the old site better? Smiley
Im willing to agree on this, the old website had one of the best designs I've ever seen.
i agree as well... old site was better
sr. member
Activity: 490
Merit: 250
think a little pump about 0,0011 will be in 1hour
legendary
Activity: 1498
Merit: 1001
180 BPM
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.

The problem is there is not enough demand at the moment for the steady supply of fresh coins.

Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.

No marketing is the biggest problem. Early investors and DRK millionairs should fund a reddit/twitter tipbot and run campaigns Also a bounty for a promo video for youtube should be really needed.

Also a google ads campaign for the new website that could aim at crypto noobs, etc etc. (since this coin will have the most competetive feature)

But everyone is just sitting on millions of DRK...
hero member
Activity: 840
Merit: 500
Twitter: @FedKassad
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.

The problem is there is not enough demand at the moment for the steady supply of fresh coins.

Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.

That might be actually intentional Smiley I have a similar feeling about Vertcoin btw, that the creators want to give themselves more time before they start the hype machine on full steam.
member
Activity: 98
Merit: 10
Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.

Agreed. A Google News search for "Vertcoin" returns 97 results; "Darkcoin" returns 1.
member
Activity: 98
Merit: 10
Can someone offer an explanation as to why the net hashrate of DRK is so low?

It's under 2GH/s, which is about 0.7GH/s scrypt equivalent. When Vertcoin was at a similar stage to DRK, it never dropped below 6.5GH/s. That's nearly 10 times higher!

DRK is currently earning around 0.009 BTC per MH per day, which is around the same as similarly-placed coins. So given its market cap, and decent position with DarkSend still to be introduced, I find it curious that more people aren't mining this coin.
full member
Activity: 126
Merit: 100
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.

The problem is there is not enough demand at the moment for the steady supply of fresh coins.

Unfortunately there is no marketing. No PR. No dev interviews. Nothing. Its all hinged on darksend right now. The sooner that is up and running the better.
sr. member
Activity: 490
Merit: 250
if we put wll into all echange for 20 BTC? think nowone will sell below that

we are about 200 people here? 0,5BTC * 200 = 100BTC (polo,cex,coins-e,cryptsy,mintpal)

hero member
Activity: 840
Merit: 500
Twitter: @FedKassad
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.

The problem is there is not enough demand at the moment for the steady supply of fresh coins.
sr. member
Activity: 406
Merit: 250
Checkout the work-in-progress website! It's really coming along

http://darkcoin.us/io/

Is it just me who likes the feel of the old site better? Smiley
Im willing to agree on this, the old website had one of the best designs I've ever seen.
full member
Activity: 126
Merit: 100
The coin is being dumped everywhere. Putting up a buy wall wont stop it. As long as dark send is not yet live, it will unfortunately continue. Right now its an aspiration to be the first. We're not there yet.
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