Another self-moderated topic by cryptohunter about DarkCoin?
another one? seems this is the only one to me. The other one is an x11 thread that is not specifically about drkcoin unless you want to make it one.
So you are going to give back the 2million (50% of all drk coins that exist) that devs and a few pals mined in 24 hours or not?
You can't ask the thieves to vote on whether they want to give some of the loot back can you?
Let's just quote yourself from another thread:
... i'm not interested in your speculations. Provide evidences and keep to the topic.
Where are your proofs?
The coin reward is based on a formula where high difficulty delivers fewer coins, and low difficulty rewards a lot of more coins, originally (1111 / (diff+1 ^ 2)), it is part of the specifications of the coin, if you don't like it, don't mine it, because I can assure you after 3 or 4 months block reward gonna be 5 coins, 5 miserable DRK per block, and people will hate to think that they didn't mine it today.
I will make it easier for you to understand with an example, because it always helps:
I don't want to mine QRK because reward is shit, like 1QRK?, but people got 2048 QRK per block during the first days!!! Not only that, but of the 247M QRK coins, one single address holds more than 10% of the total coins, and top10 addresses (not wallets, so probably someone holds more than one from here) hold 40% of the coin...
Proof:
http://bitinfocharts.com/top-100-richest-quarkcoin-addresses.htmlNow, DRK,
http://chainz.cryptoid.info/drk/ and go to rich list, top1 has 3.65% of the current total coins, and accounts for about 0.65% of the total coins, now go and compare 0.65% vs 10% of QRK.
I want to say that DarkCoin is probably one of the few valuable coins with great future where people are still on time to jump in and with the fairest distribution of the wealth ever (try and compare wealth distribution with BTC, LTC, QRK ... ).
Hey this is the 20th time you have posted more of this rubbish to defend your scam coin and i have deleted it ....but now because keep reposting i'm going to reply to it so that you can stop bumping this thread to the top every 5 mins.
This topic is to discuss the instamine scam that is drk coin - ok do you get that? We are examining the points in the OP. If you want to try and bring up other coins to defend drk coin being a premined scam the make your own thread. I mean really how simple can it be.
However let me answer your points here since you will not give up reposting over and over such is your desperation to justify the instamine scam coin you have become involved with.
Yes people cried over QRKS distribution model because in 6 months is was basically finished with. Was it too quick?? yes may be it was. You can't derail this thread into a qrk thread, qrk has had already 10000 threads dedicated to it's mining period of 6 months and finished approach. Which is kind of strange i now see not even 1 thread about black coins 1 week and finished mining approach. Which really is fair enough, if you are around at launch you can mine if you are not around at launch you miss out. Sure LTC gives a longer mining period this is not a thread about that make your own thread and stop trying to justify a scam by comparing and saying you believe other things are scams.
Let me show you the differences just so you're clear and can not keep spreading more lies. Don't say you could not be bothered to read it, you don't want to read the truth do you1/ QRK launched with a windows wallet - YES 80% OF PEOPLE WERE NOT SHUT OUT FROM MINING - yes don't you get it EVERYONE could mine.
So with everyone mining the dev could not STEAL all of the coins... In fact i suspect the dev got very few hence why he just vanished and only posted a few times because he wasn't sitting on a mountain of instamined coins he stole from the windows miners. With dark coin it looks like only a handful of people could mine the coin (because they shut the windows users out) hence why they grabbed up between them 50% in one day of the minting in existence.
2/ QRKS difficulty actually adjusted like it should - Yes that's right because a lot of people mined it because they were ALLOWED to mine it since they were given a windows wallet to mine with....and the diff increased rapidly so there was competition on the chain LIKE IS SUPPOSED TO HAPPEN . I was mining on a few i5's and a block or 2 rolled in through the day. HOWEVER,,, on drk coin the
diff adjust somehow went wrong hehe
oh no so only a few people were mining and also the diff did not increase so the blocks were flying in all day long to them whilst everyone else was shut out hehe and they accumulated 50% of the current minting. YUMYUM. Then they did release a windows wallet but fixed the diff so when windows miners got a chance the diff went up and they soon found it very hard to mine any dark coins ....haha so sad for windows miners.
3/ QRKS did not take away 75% of their minting- they were laid out for all to see. The block reward structure was not changed. The total minting was not changed. It kept to it's design and did not alter it to TAKE 75% of it's coins away from miners.
DRk coin though had a better plan. HMMMM they thought. So since just the dev and a VERY few people could mine on the first day , had little mining competiton and the diff adjust was broken so those big 500 blocks were rolling in every second or two....
we have a lot of coins actually 12.5% of all coins in existence that's quite a lot isn't it. However would be a lot nicer if it was 50% haha but those suckers won't let us do that will they. I mean if we suggest slashing the minting from 88M to 22M they will know we have done it to make our captive instamine 4x larger ?? We couldn't try that could we and pull of one of the largest scams ever pulled.
WAIT THOUGH WE CAN AND HAVE DONE IT ....HEHEH
but because morons like keane have a few drk crumbs he will try to defend our scam for us along with all the other stupid fools that hold 100drk 200drk whilst 2MILLION drk were mined for nothing in one day by the scammers who fixed it like that.
Now let's talk about the other point you are trying to make.... let's look at the wallets NOW. Yeah sure you know what if drk devs are as smart as you say and they look pretty smart to be pulling a multi stage super scam like the one i just described to you in plain detail. I am very sure they know how to just make a few extra wallets and spread their coins out HEHE do you think people are stupid enough to pay any attention to current wallet holdings NOW?
Let's get talking about the QRK wallets, a subject that comes up often... Please compare the distibution to PPC LTC whatever of the top coins you will see no dramatic difference. The person you are quoting with 10% of coins...yes there has been much speculation about that wallet however if you notice that person is constantly BUYING the coins from the FREE MARKET at the market rate. I believe it was estimated not long back someone spent 2 Million dollars on those coins. You can not cry about people buying coins for the full market rate. That is called fair. If he wanted to buy 50% of the coins on the market that is up to him. People said it was possibly and exchange buying them or many rumours nobody knows.
Any criticism of qrk can be levelled at any other fast minting coin i support a LOT of coins anything that is not proven to be a scam actually... go make a thread about all accelerated minting coins if you like. Don't keep dragging that old argument up to subvert the purpose of this thread or i will delete it again.
Anyway this is not a thread about QRK - if you want to make another thread about QRK then make one , or go to one of the 10000 quark threads on here and add your already heard 10000times arguments on there.
This is a drkcoin thread you can not keep posting this crap over and over trying to derail this thread. This is not a place to justify scams this is a thread to examine if the scam happened as it seems it did. Not why it was a scam, not if you think there are other scams, not if you agree with this scam because you are part of it, not because they have created an innovative scam.
This is a thread to examine IF THE SCAM TOOK PLACE - yes it looks 100% like it happened just as the block explorer and their thread says it happens .... from the no windows wallet, through the broken diff, through minting being cut down from 88m to 22M
These are the facts, that is all there is to it. If you just shut up and face facts then this can be the end of it. Do not keep trying to bullshit your way out of things. Just admit the scam, get back to promoting the scam, just stop lying about it not being a scam.
The end.