Author

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6762. (Read 9723522 times)

full member
Activity: 168
Merit: 100
http://www.pcworld.com/article/2102580/lawmaker-seeks-us-ban-on-bitcoin.html

More talk about banning or limiting Bitcoin use. As if the US dollar or any other fiat are safer. They are subject to blatant macroeconomic manipulation. Nothing will save the US dollar (and the rest of the world) until the US government cuts spending and borrowing. They will have to eventually. The current money printing will lead to massive inflation in the not too distant future. The US gov will have to default on the debt and let inflation wipe it out. There is no way they can pay it back. It's going to result in major turmoil for most asset classes - stocks, bonds, real estate - and people will look to gold and the most successful cryptos for storing wealth.

Can only mean more reason to support DarkCoin and increased privacy for users.
hero member
Activity: 588
Merit: 500
How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

This fucking sucks for people like me who bought in the past week, thinking the coin was rarer than it is now. I don't plan on selling, it just sucks knowing I could have gotten more.

The specifications of this coin were always ~80 million, people always had this amount in mind when selling/buying, but in any case think about what it, does it matter at all if a coin has a cap of ~80 million to current price, if this coin is less than 2 months old and it needs maybe 50+ years to hit the 80M?

I did my due diligence before buying in, saw that the cap was changed, based my buy in price on that. Yes it does matter. This is all about risk. There is an appropriate price for each cap, and they aren't the same.

It had started out at 10 million, but was changed very early on, as it was going to be too limiting.  I was there when that change happened.  I'm not certain I agree that there is an appropriate price for each cap.  That would be a far to narrow of a view. Not to be insulting.  There are many MANY  factors I'm sure your aware of that create the value of a crypto coin....and as this ecosystem matures...will become far more inclusive of other factors other then just Market Cap.  In 5 to 10 years...80 million coins of a solid, well build and implemented coin will be nothing.  That would be like one coin for everyone in a small part of California.   It all comes down to where you personally see the currency in the future and what rule you believe it will play within the system as a whole and base your value on that.  IMHO.
legendary
Activity: 1050
Merit: 1000
The dumping on poloniex is just ridiculous to watch. People are selling like idiots once the buy walls dare rise above 10 for fuck's sake.

Its funny to watch for sure.  I don't even care. I've set my buy amount price...and walked away.  If your day trading this coin then I can see this being frustrating.  IMHO this doesn't matter in the long term.  Those of us that are true investors, and I'm not saying your not SlyA,  we look at our investments in quarters(1/4 of a calendar year) or in 12 month cycles. Other then for giggles and entertainment daily/weekly/monthly coin movements are not meaningful.  I personally have friends of mine that are serious DRK holders that in at the 50k+ range, which isn't a very sizable investment amount really, and everyone just roles their eyes.   This is a long hold for me and others in our group.  At least 2 to 3 years...what happens in 24, 48, 72 hour cycles is nothing but pure entertainment.  I'm sure edulffield is in the same mind frame.  


maybe some early miner ... or pool dumping maybe .... just chill people will panic buy at some moment caz the fact they know it is under valued .... they are just waiting a trigger
full member
Activity: 280
Merit: 100
The Future Of Work
The dumping on poloniex is just ridiculous to watch. People are selling like idiots once the buy walls dare rise above 10 for fuck's sake.

Its funny to watch for sure.  I don't even care. I've set my buy amount price...and walked away.  If your day trading this coin then I can see this being frustrating.  IMHO this doesn't matter in the long term.  Those of us that are true investors, and I'm not saying your not SlyA,  we look at our investments in quarters(1/4 of a calendar year) or in 12 month cycles. Other then for giggles and entertainment daily/weekly/monthly coin movements are not meaningful.  I personally have friends of mine that are serious DRK holders that in at the 50k+ range, which isn't a very sizable investment amount really, and everyone just roles their eyes.   This is a long hold for me and others in our group.  At least 2 to 3 years...what happens in 24, 48, 72 hour cycles is nothing but pure entertainment.  I'm sure edulffield is in the same mind frame.  

So true
hero member
Activity: 588
Merit: 500
The dumping on poloniex is just ridiculous to watch. People are selling like idiots once the buy walls dare rise above 10 for fuck's sake.

Its funny to watch for sure.  I don't even care. I've set my buy amount price...and walked away.  If your day trading this coin then I can see this being frustrating.  IMHO this doesn't matter in the long term.  Those of us that are true investors, and I'm not saying your not SlyA,  we look at our investments in quarters(1/4 of a calendar year) or in 12 month cycles. Other then for giggles and entertainment daily/weekly/monthly coin movements are not meaningful.  I personally have friends of mine that are serious DRK holders that in at the 50k+ range, which isn't a very sizable investment amount really, and everyone just roles their eyes.   This is a long hold for me and others in our group.  At least 2 to 3 years...what happens in 24, 48, 72 hour cycles is nothing but pure entertainment.  I'm sure edulffield is in the same mind frame.  
full member
Activity: 280
Merit: 100
The Future Of Work
im kinda new to this ..my sgminer crash after sometime .... any ideas ??


i use this miner

https://mega.co.nz/#!SQJC2ZQQ!w-m3MtZW2UcBxpp6c0Tewo0edeW8e30BP50lG2xcxwk (by badman74, DRK + Q2C + QRK)

I don't know this miner, use the one on the first page of this thread, it should work Smiley

EDIT, wait, those are only cpu miners, I'll look and see if I can find the latest GPU miner...

EDIT2 look here :  https://bitcointalksearch.org/topic/ann-sph-sgminer-multi-coin-multi-algorithm-gpu-miner-added-marucoin-475795
full member
Activity: 280
Merit: 100
The Future Of Work
memory rule:

then - than
effect - affect
then and effect can exist solo.
than and affect needs a partner to dance

gogo work it



thank you, I actually never heard that one before!  LOL
member
Activity: 112
Merit: 10
if anyone can help me mine I will donate, please see my signature.
legendary
Activity: 1050
Merit: 1000
im kinda new to this ..my sgminer crash after sometime .... any ideas ??


i use this miner

https://mega.co.nz/#!SQJC2ZQQ!w-m3MtZW2UcBxpp6c0Tewo0edeW8e30BP50lG2xcxwk (by badman74, DRK + Q2C + QRK)
full member
Activity: 280
Merit: 100
The Future Of Work
And pooty kaka!  I got  windows update last night which reboot my system, turning off my little miner, and just realized I forgot to turn it back on  Angry  !

Hey people, this is a special coin, with a great development team.  If you bought them to make a quick buck, I'm sorry, it wasn't designed that way.  If you can hold on to them, I'd do so until they're at least worth 10 times more than you bought them for.  Otherwise, there are new coins every day that you might squeeze  profit out of before it crashes.  

Unless our development team abandons us, I think this coin is here to stay.  It wasn't designed to be a pump and dump.  If you look back in the thread, you'd find several points where our developer was buying up the coin 20,000 at a time to fuel his promotions, etc...  A developer buying his own coin?  Yes!

Now everything else is the market going haywire.  People buy and sell not having any conception of what they're dealing with.  Bitcoin is a mess (but still frankly healthy at over 500 dollars per bit) and crypto is still barely entering the public conscious, where people loose faith quickly, and dump at the first troll they read.

Why am I writing? LOL  I guess I'm just trying to help those who are green to economics and need a little perspective, I'll shut up now ;P

BTW, talking about fiat currency, my grandmother in Germany told me of how the government couldn't print money fast enough to keep up with inflation.  They went from work, collected daily pay, ran to the stores to buy food before it cost too much again to buy.  It was crazy.

You think government backed currency is safer?  LOL, Ok then!  History has a tendency to repeat itself.  I wouldn't put all my eggs into one basket, though. I  must say it's nice to have discovered this new type of basket to keep around Smiley
sr. member
Activity: 364
Merit: 250
Pre-sale - March 18
How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

This fucking sucks for people like me who bought in the past week, thinking the coin was rarer than it is now. I don't plan on selling, it just sucks knowing I could have gotten more.

The specifications of this coin were always ~80 million, people always had this amount in mind when selling/buying, but in any case think about what it, does it matter at all if a coin has a cap of ~80 million to current price, if this coin is less than 2 months old and it needs maybe 50+ years to hit the 80M?

plus, the supply hasn't changed, it is only for the future beyond 1 year that things would be affected.  *(ugh, still have issues with effect vs affect, hate myself sometimes, LOL)

memory rule:

then - than
effect - affect
then and effect can exist solo.
than and affect needs a partner to dance

gogo work it
full member
Activity: 280
Merit: 100
The Future Of Work
How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

This fucking sucks for people like me who bought in the past week, thinking the coin was rarer than it is now. I don't plan on selling, it just sucks knowing I could have gotten more.

The specifications of this coin were always ~80 million, people always had this amount in mind when selling/buying, but in any case think about what it, does it matter at all if a coin has a cap of ~80 million to current price, if this coin is less than 2 months old and it needs maybe 50+ years to hit the 80M?

plus, the supply hasn't changed, it is only for the future beyond 1 year that things would be affected.  *(ugh, still have issues with effect vs affect, hate myself sometimes, LOL)
full member
Activity: 150
Merit: 100
Trying to get these guys to add Darkcoin to their faucet - figured the more people with coins - the more interest:

http://www.qoinpro.com/7c5df229ff0a2ac29c4200afada03f63

Their FAQs say to email support with coin ideas...
hero member
Activity: 868
Merit: 1000
I'm so bullish about darkcoin, I see this as a coin that has a good chance of going to $100 in 2015.
hero member
Activity: 784
Merit: 1005
People have to stop panicking and look at the facts.  1) There was a theft which occurred but that was not because of a flaw with Darkcoin but rather a flaw with one particular exchange.  2) Trading volume is much lower than it was which indicates that more people are HOLDING the coin rather than dumping (which indicates the people have faith in the coin over the long term). The price is what it is right now because of low volume trading and not because people are dumping en mass.  Also, the major dump that occurred was because of the THEFT and NOT because people are losing confidence in this coin.  3) The coin has unique features to it which most other copycoin/scamcoins do not. 4) The Dev appears to be VERY active in ensuring the success of this coin to both investors as well as miners vs. other coins where the devs just release and wait to profit with 0 updates. Do not fall prey to the psychological games that traders play to get you to dump this coin so that they can buy it cheap.  This is not another scam coin.   It WILL go back up in light of the above facts.

Just chain reaction. Someone stole BTC and bought DRK, dumped at any price, people panicked because of that and then early adopters dumped just in case, people panicked again and miners who just speculate and don't think about long term also dumped, investors stop buying or try to buy cheaper .... that's why DRK is around 0.001BTC/DRK right now, it will need some days or even a couple of weeks to recover to 0.002BTC/DRK, and release the DarkSend feature to move to the 0.005BTC/DRK area, after this it will depend on how good we market it, 0.5BTC/DRK once DarkRoad opens doors? Smiley
full member
Activity: 168
Merit: 100
I find all this talk about inflation a bit silly. Inflation is a monetary phenomenon which is only ever caused by printing more money than an economy can absorb through growth in GDP. It causes a reduction in the buying power of a currency.

Cryptos have a fixed supply so there is built-in deflation long term. They're more akin to gold as a tradable commodity and a store of monetary value. Both are subject to volatility, both have a finite supply. Up to the 20th century gold was the most common way to consummate large contracts. In the early days, you could find gold nuggets in river beds, now gold producers must haul masses of rock to filter out little specs of gold. Gold supply will cap out eventually the same way as cryptos are designed to cap out. As long as there is demand for both, they will continue to be used and their buying power will continue to increase. Not every crypto will see increased demand long-term - it will only be the most innovative, the most user friendly, and ultimately the most supported worldwide that will survive.

As a side note, inflation will begin in earnest with the US dollar soon thanks to the feverish, unprecedented money printing by Ben Bernanke and co.


And all the crap coins out there like maxcoin will be the geocities of cryptos in the long run. If they don't offer something important like privacy ppl won't use them as a means of exchange and investment. They will drop them and opt for the ones with most demand and transaction volume. I think most people are here because they believe drk will provide something special and actually be used as a means of exchange.
full member
Activity: 217
Merit: 100
at this moment darkcoin is not profitable to mine at all because of the recent price, but i still believe this coin has a big potential so let them sell low so we can buy more and at the end our investment will be huge. Roll Eyes
hero member
Activity: 1302
Merit: 502
How did this coin just devalue?  Not sure if srs.

Yes its going downhill a bit but patience is virtue

Instead of them being rare at ~10 million coins, now we are going towards the full ~80 million, an 8 fold increase.

This fucking sucks for people like me who bought in the past week, thinking the coin was rarer than it is now. I don't plan on selling, it just sucks knowing I could have gotten more.

The specifications of this coin were always ~80 million, people always had this amount in mind when selling/buying, but in any case think about what it, does it matter at all if a coin has a cap of ~80 million to current price, if this coin is less than 2 months old and it needs maybe 50+ years to hit the 80M?

I did my due diligence before buying in, saw that the cap was changed, based my buy in price on that. Yes it does matter. This is all about risk. There is an appropriate price for each cap, and they aren't the same.
full member
Activity: 126
Merit: 100
The dumping on poloniex is just ridiculous to watch. People are selling like idiots once the buy walls dare rise above 10 for fuck's sake.
Jump to: