[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6765.

slyA

full member

Activity: 126

Merit: 100

Quote from: traumschiff on February 26, 2014, 11:19:46 AM

Quote from: Prabhjot Lalli on February 26, 2014, 11:14:47 AM

Quote from: slyA on February 26, 2014, 11:10:04 AM

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

I'm guessing you did not see bitcoin go from 400 to 600 in mere hours yesterday?

Prabhjot Lalli

member

Activity: 91

Merit: 10

Quote from: traumschiff on February 26, 2014, 11:19:46 AM

Quote from: Prabhjot Lalli on February 26, 2014, 11:14:47 AM

Quote from: slyA on February 26, 2014, 11:10:04 AM

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

Ofc, I didn't excepted it in a few days but some weeks or months. Now I'm just hoping it will hit around $1 again.

But he's right. We rise again. At least for the moment.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: eduffield on February 26, 2014, 10:50:17 AM

Official Press Release

http://www.darkcoin.io/downloads/DarkcoinPRStatement.pdf

Can you put that on the first page?

With some short summary / explanation maybe.

Nice text also.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: Prabhjot Lalli on February 26, 2014, 11:14:47 AM

Quote from: slyA on February 26, 2014, 11:10:04 AM

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

You can rarely expect that kind of return in a few days. Thats normally not how coins work.

Prabhjot Lalli

member

Activity: 91

Merit: 10

Quote from: slyA on February 26, 2014, 11:10:04 AM

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

I see it only falling. The only reason I'm holding is that I would make to much loses right now. (I bought at 1$ after the first crash and thought, that it would be cheap because I excepted $2-10)

slyA

full member

Activity: 126

Merit: 100

HOLD!! WE ARE CLIMBING STEADILY. HOLD!!!

humanitee

hero member

Activity: 1302

Merit: 502

Quote from: JGCMiner on February 26, 2014, 11:07:42 AM

Quote from: anonymousxx1503 on February 26, 2014, 11:03:33 AM

Quote from: JGCMiner on February 26, 2014, 10:58:22 AM

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

Especially considering that this is 50-75 years in the future.. If bitcoin was invented in 1939 or 1964, would there really not be a better alternative in 2014? I can't imagine what the world is going to look like in 2064 or 2089, but I imagine they will be laughing at our 'primitive' means of exchanging value. And this technology is cutting edge right now.

Exactly.

But I guess I shouldn't have been surprised at the reaction. You can never make everybody happy...especially on the internet.

Of course miners are going to be happy, the people that bought before are not going to be. This is not surprising.

JGCMiner

hero member

Activity: 611

Merit: 500

Quote from: anonymousxx1503 on February 26, 2014, 11:03:33 AM

Quote from: JGCMiner on February 26, 2014, 10:58:22 AM

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

Especially considering that this is 50-75 years in the future.. If bitcoin was invented in 1939 or 1964, would there really not be a better alternative in 2014? I can't imagine what the world is going to look like in 2064 or 2089, but I imagine they will be laughing at our 'primitive' means of exchanging value. And this technology is cutting edge right now.

Exactly.

But I guess I shouldn't have been surprised at the reaction. You can never make everybody happy...especially on the internet.

heskey

sr. member

Activity: 406

Merit: 250

I like the decision! Rather fair than scarce.(And it wont even be that big of a change)

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: JGCMiner on February 26, 2014, 10:58:22 AM

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

Especially considering that this is 50-75 years in the future.. If bitcoin was invented in 1939 or 1964, would there really not be a better alternative in 2014? I can't imagine what the world is going to look like in 2064 or 2089, but I imagine they will be laughing at our 'primitive' means of exchanging value. And this technology is cutting edge right now.

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: slyA on February 26, 2014, 10:55:04 AM

Hold fellas/ The coin has bottomed out. Hold your coins and watch it climb. Simple.

JGCMiner

hero member

Activity: 611

Merit: 500

Quote from: x0rcist on February 26, 2014, 10:48:50 AM

Quote from: JGCMiner on February 26, 2014, 10:45:32 AM

Quote from: humanitee on February 26, 2014, 10:41:22 AM

Quote from: matt608 on February 26, 2014, 10:40:26 AM

Quote from: humanitee on February 26, 2014, 10:38:52 AM

Quote from: fearcoka on February 26, 2014, 10:37:50 AM

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.

Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

True, but it is not like there is all of a sudden 70 million coins flooding the market. This coin is mined very slowly compared to most alts... stop making it seem like the total number of coins is the only factor in determining its future value.

The total coin supply is one of the biggest inputs about the coins future value!!

How far in the future are we talking about? Even at a max block reward of 25 it will take 16 years+ to mine all of the coin and it is very unlikely that the block reward will remain at 25 considering we are already at ~22.

Stop spreading panic.

The value of the coin at any one time is determined by its popularity (driven by coin features and/or marketing) the number of coins on the market at the time, and the difficult in obtaining the coin through mining (driven by mining hardware cost to obtain a reasonable amount of coin in reasonable amount time). Total coins matter -- but it is not the only piece of the puzzle.

Revelations86

sr. member

Activity: 428

Merit: 252

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.

slyA

full member

Activity: 126

Merit: 100

Hold fellas/ The coin has bottomed out. Hold your coins and watch it climb. Simple.

matt608

hero member

Activity: 868

Merit: 1000

Quote from: eduffield on February 26, 2014, 10:50:17 AM

Official Press Release

http://www.darkcoin.io/downloads/DarkcoinPRStatement.pdf

Great, thanks for the update!

humanitee

hero member

Activity: 1302

Merit: 502

Quote from: x0rcist on February 26, 2014, 10:48:50 AM

Quote from: JGCMiner on February 26, 2014, 10:45:32 AM

Quote from: humanitee on February 26, 2014, 10:41:22 AM

Quote from: matt608 on February 26, 2014, 10:40:26 AM

Quote from: humanitee on February 26, 2014, 10:38:52 AM

Quote from: fearcoka on February 26, 2014, 10:37:50 AM

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.

Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

True, but it is not like there is all of a sudden 70 million coins flooding the market. This coin is mined very slowly compared to most alts... stop making it seem like the total number of coins is the only factor in determining its future value.

The total coin supply is one of the biggest inputs about the coins future value!!

Thank you. I facepalmed so hard reading that.

I'm not here to bash DRK, I fucking love the idea behind this coin. But less than a week ago I paid top dollar for the coin thinking it was going to be much more rare in the future, which is apparently no longer the case. It was so tempting to double down yesterday, glad I didn't do it.

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: humanitee on February 26, 2014, 10:38:52 AM

Quote from: fearcoka on February 26, 2014, 10:37:50 AM

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.

Around 5000 in difficulty , the block reward hits 5 coins (the minimum(, which means 1 051 200 DRK a year. let's say there's 4.5 million out at the end of 2014, that means the coin will reach the max in 75 years .. It's not exactly DOGECOIN with 100 billion

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Official Press Release

http://www.darkcoin.io/downloads/DarkcoinPRStatement.pdf

x0rcist

full member

Activity: 238

Merit: 100

Quote from: JGCMiner on February 26, 2014, 10:45:32 AM

Quote from: humanitee on February 26, 2014, 10:41:22 AM

Quote from: matt608 on February 26, 2014, 10:40:26 AM

Quote from: humanitee on February 26, 2014, 10:38:52 AM

Quote from: fearcoka on February 26, 2014, 10:37:50 AM

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.

Are you sure that's the consequence of the modification?

Read eduffield's text, that's what he is saying.

True, but it is not like there is all of a sudden 70 million coins flooding the market. This coin is mined very slowly compared to most alts... stop making it seem like the total number of coins is the only factor in determining its future value.

The total coin supply is one of the biggest inputs about the coins future value!!

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: JGCMiner on February 26, 2014, 10:35:52 AM

Quote from: humanitee on February 26, 2014, 10:33:46 AM

Quote from: eduffield on February 26, 2014, 10:16:40 AM

words

Expect more dumping everyone, this coin just devalued.

A.K.A More for those of us that realize this coin is going somewhere. Grin

Either a string of the worst luck any coin has ever seen. (hacks, dumps at the same time)

Or someone actively working towards bringing this coin down. There's nothing wrong with this coin, it's well built, has actual new features, compared to 99% of all the clones popping up and will be anonymous. You look at coinmarketcap and it's almost all green everywhere today for almost every coin.

Biggest loser right now, Darkcoin , after that ... RON fucking Paul Coin. Flappycoin is up 135%, albeit to a smaller market cap. That scammy ultracoin is up too.

It's an upside down world right now. A lot of haters in this thread, saying give up. I wouldn't be surprised there's a private IRC chat room somewhere, few people putting in an effort to lower our value through various means. I'm not saying that's happening, just that I wouldn't surprised.

Fact is, Darkcoin is/will be better than almost anything out there. Point out the better options if you can.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6765. (Read 9723522 times)