This whole affair is simply disgusting. It appears that the Darkcoin developers are trying to kill this coin for its name. The reality is that the Dashcoin name belongs to the Dashcoin community and not to whomever made this deal with the Darkcoin developers. My take is that the Dashcoin community should simply fork the coin
and keep calling it Dashcoin.
Edit: I find trademark bullies simply very disgusting.
Looks like old Dashcoin is dumping now that they know that coin is officially dead
I kinda feel bad for anybody that doesn't know about DASH and is still buying Dashcoin
oh well
It actually raises some pretty interesting ethical issues. If the Dashcoin devs sold their development to Evan (i.e. the Dashcoin name and whatnot), then where does that leave a holder of Dashcoin? Is there some recompense for them too? You'd be pretty upset to find out that the crypto you've purchased or mined has just turned into dust because the "devs sold out"!! I wonder what this means exactly? A crypto is made up of devs, the code (which is generally open source anyway but not always), other associated IP and the coins the holders/investors are in possession of.
I could be wrong but "we" bought the coin and "we" can destroy it - burn it
While keeping any good parts - more so the name
AND - we're gonna cut off the coin part
Welcome................................ DASH
Anybody that owns Dashcoin should be dumping but I see now that some are buying and pumping
Should be something to watch for the next few days
but yes - I would be floored over loosing all my coins and mining time/electric bill
- that's also why I stay away from shitcoins since last year April
Mmm....somewhat troubling (but not surprising for this "wild west" realm). If this is correct it means a dev of any of these altcoins can "sell" his or her development and, if the new owner decides to take the name or disband it, any cyrptocurrency units out in the wild effectively become worthless overnight? I don't like the sound of this. I know there are no guarantees in crypto but that's pretty terrible.
I've read a few pages of their thread (and noted your, what's effectively a, "tough titties suckers!!" posting there Mangled) and they seem to have been taken completely by surprise and now their anon dev "slb" is actually seen as a complete SOB and would be drawn and quartered if he shows his face there any time soon!
But they're talking about taking it over as a community (SPR style). I just wonder what the ramifications of all this are i.e. what stops them (if it's open source) just continuing on with Dashcoin and refusing to change its name!
Very surprisingly though their market cap is going up! A few hours ago it was just over $6K, then it went to $6.5K and just now was $6.65K. Doesn't make any sense at all unless people think somehow we're switching with them and they're going to now be Darkcoin! (wouldn't surprise me if someone's buying madly thinking this.....insane).
Anyone who owns Dashcoin should consider legal advice, and not dump the coins.