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Topic: rpietila Altcoin Observer - page 172. (Read 387493 times)

legendary
Activity: 1624
Merit: 1008
July 13, 2014, 07:55:09 PM
The conception of DRK was illegitimate, I will not buy it for this reason alone.

It is very unfortunate the launch happened as it happened. I was pissed off at the start too. The market has probably priced it in by now however.

The market will continue to discount drk as a premine scam until it ceases to be a premine scam, forever.

If there were not the alternative of superior cryptography with a fair launch and open development, drk might have surpassed ltc by now.  That ship has sailed, however, and nothing will bring it back.
Are you daft? The market has already decided that DRK has more potential than CN coins. The price is a representation of the market's view. All the nonsense that you guys spout on a daily basis has already been factored in. And yet it's many times larger than the next biggest anonymous coin.

Only 3 months ago DRK was priced infinitely higher than XMR.  At this rate it should easily surpass drk Grin Grin

We welcome you with open arms Smiley

ETA: Posted before moderator's comment.
donator
Activity: 1722
Merit: 1036
July 13, 2014, 07:54:56 PM
I am sure everybody has heard the essential arguments by now; move on.
hero member
Activity: 966
Merit: 1003
July 13, 2014, 07:53:32 PM
DRK - the name of a slow death

DarkCoin -> bad name, a criminal name
DRK's CoinJoin -> obsolete technology

That's why people is losing interest in DRK, like QUARK a year ago.


DRK's DarkSend -> constantly evolving and advancing technology and economy, "darksend+" expected in couple of weeks
CryptoNote -> bad choice in technology in the beginning that prevents mainstream adoption, and still not NSA proof

People are realizing this - just too risky to invest in a coin that has a capped future potential.
hero member
Activity: 770
Merit: 500
July 13, 2014, 07:51:52 PM
I've also looked at Zerocoin, it looked promising Until I saw that you have to place your trust in a entity to destroy a key, or theyll otherwise be able to see every transaction as clear as day. It frankly goes against everything Satoshi wanted, to have a trustless application.

This is not my understanding. They can't see the transactions but they can create fake transactions (i.e. create coins out of thin air) in a way that can't ever be detected.



Yea, you're right. They could essentially "doublespend" without anyone ever knowing. I got that mixed up.
legendary
Activity: 2968
Merit: 1198
July 13, 2014, 07:42:25 PM
The conception of DRK was illegitimate, I will not buy it for this reason alone.

It is very unfortunate the launch happened as it happened. I was pissed off at the start too. The market has probably priced it in by now however.

The market will continue to discount drk as a premine scam until it ceases to be a premine scam, forever.

If there were not the alternative of superior cryptography with a fair launch and open development, drk might have surpassed ltc by now.  That ship has sailed, however, and nothing will bring it back.
Are you daft? The market has already decided that DRK has more potential than CN coins. The price is a representation of the market's view. All the nonsense that you guys spout on a daily basis has already been factored in. And yet it's many times larger than the next biggest anonymous coin.

Everyone here is already making a bet against the market otherwise we would be 99.999% in fiat and ignoring crypto, as discussed a few pages back. Therefore, "the market has decided X" is an absurd statement to make here. If you believe the market, we're all wasting our time with crypto. If you don't believe the market in that respect, there is no reason to necessarily believe the market in other respects.



legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 13, 2014, 07:38:52 PM
The conception of DRK was illegitimate, I will not buy it for this reason alone.

It is very unfortunate the launch happened as it happened. I was pissed off at the start too. The market has probably priced it in by now however.

The market will continue to discount drk as a premine scam until it ceases to be a premine scam, forever.

If there were not the alternative of superior cryptography with a fair launch and open development, drk might have surpassed ltc by now.  That ship has sailed, however, and nothing will bring it back.
Are you daft? The market has already decided that DRK has more potential than CN coins. The price is a representation of the market's view. All the nonsense that you guys spout on a daily basis has already been factored in. And yet it's many times larger than the next biggest anonymous coin.

Only temporarily.

It is being effed over.

It will be effed over.

Until XMR becomes the leading anon coin.

Then it will be effed over.

Buy Litecoins. Soonish.
legendary
Activity: 3416
Merit: 1059
July 13, 2014, 07:38:26 PM
maybe this can help the darkcoin vs cryptonote guys here  Cheesy

Not much of a help as he apparently doesn't know anything about Darkcoin. Didn't prevent him from giving his opinion though, reminds me of many people in this thread.

neither does you or you do but think we are stupid and can't understand how DRK model is flawed.

This must be exactly the kind of conversation rpietila had in mind when he started the thread.

f.l.a.w.e.d.

if he doesnt like the conversation he can delete any post or tell me or you to not post anymore, its not like I didnt read the rules.

at this moment both your activity is 224, at least you guys have something in common  Grin
legendary
Activity: 1106
Merit: 1000
July 13, 2014, 07:37:49 PM
DRK - the name of a slow death

DarkCoin -> bad name, a criminal name
DRK's CoinJoin -> obsolete technology

That's why people is losing interest in DRK, like QUARK a year ago.
hero member
Activity: 826
Merit: 500
July 13, 2014, 07:36:41 PM
The conception of DRK was illegitimate, I will not buy it for this reason alone.

It is very unfortunate the launch happened as it happened. I was pissed off at the start too. The market has probably priced it in by now however.

The market will continue to discount drk as a premine scam until it ceases to be a premine scam, forever.

If there were not the alternative of superior cryptography with a fair launch and open development, drk might have surpassed ltc by now.  That ship has sailed, however, and nothing will bring it back.
Are you daft? The market has already decided that DRK has more potential than CN coins. The price is a representation of the market's view. All the nonsense that you guys spout on a daily basis has already been factored in. And yet it's many times larger than the next biggest anonymous coin.
hero member
Activity: 826
Merit: 500
July 13, 2014, 07:33:32 PM
maybe this can help the darkcoin vs cryptonote guys here  Cheesy

Not much of a help as he apparently doesn't know anything about Darkcoin. Didn't prevent him from giving his opinion though, reminds me of many people in this thread.

neither does you or you do but think we are stupid and can't understand how DRK model is flawed.

This must be exactly the kind of conversation rpietila had in mind when he started the thread.

f.l.a.w.e.d.

if he doesnt like the conversation he can delete any post or tell me or you to not post anymore, its not like I didnt read the rules.
Flawed in what way, may I ask?
hero member
Activity: 826
Merit: 500
July 13, 2014, 07:32:37 PM
I was never offered a satisfactory response to the following question I asked a couple of days ago: If Cryptonote is not NSA proof, what does it offer over coins like Darkcoin that also give non-NSA proof anonymity ?

NSA-proof is not well defined.  If you establish a goal which is undefined you establish one which is unattainable.  Since you appear to consider xmr an insurmountable competitive threat I can see why you would employ such a 'disingenuous' sophistry, but i cannot see why i should take your bait.

The current plan being implemented in xmr takes it one step closer to practical immunity from a large class of attacks on aspects of transactional privacy. It is already relatively easy to use xmr in a way which makes it practically immune to some classes of attack on transactional privacy which are of interest to me and to which darkcoin is now and likely will always remain susceptible:

Darkcoin is vulnerable to fungibility crisis, just like bitcoin.

Quote
Darkcoin will likely be ready about a year sooner than any CN coin.

It's done already.  Evan proved this: he stuck a fork in it - twice, so far.  There is no plan in evidence to transition drk to a technology which provides competitive privacy assurrances.  It seems clear that Evan is not competent to execute such a plan were it dropped in his lap.

You seem to think that by the sheer number of your words you can delude the markets into thinking drk is still a serious coin.  It isn't working.
The forks are meaningless. I feel like I have to explain this so many times. It's beta software. You are clearly clueless regarding software development. To expect zero bugs during beta is beyond stupid, it's insane. In addition, the forks happened due to not enough pools updating at that time. Blaming Evan is just ridiculous. Cryptonote coins are also open to various attacks, a number of these have been detailed by Anonymint.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 13, 2014, 07:32:19 PM
I think Evan D overshot when he thought DRK could topple Litecoin.

There is not a snowball's chance in any coin ever replacing Bitcoin as the most important crypto-currency and Litecoin as the most important altcoin. If anything ever comes close, it will be effed over by people. Start investing in Litecoin for those who missed Bitcoin.

You are definitely living in a dream world if you think Liteecoin won't be replaced as the most important altcoin.

There are just so many better alternatives than Litecoin, it just had the advantage of growing as the silver along with Bitcoin as gold.

Lately the LTC/BTC ratio has dwindled down and it won't be long before another coin will take Litecoins place.

Sure.......
hero member
Activity: 700
Merit: 500
July 13, 2014, 07:31:17 PM
I think Evan D overshot when he thought DRK could topple Litecoin.

There is not a snowball's chance in any coin ever replacing Bitcoin as the most important crypto-currency and Litecoin as the most important altcoin. If anything ever comes close, it will be effed over by people. Start investing in Litecoin for those who missed Bitcoin.

You are definitely living in a dream world if you think Liteecoin won't be replaced as the most important altcoin.

There are just so many better alternatives than Litecoin, it just had the advantage of growing as the silver along with Bitcoin as gold.

Lately the LTC/BTC ratio has dwindled down and it won't be long before another coin will take Litecoins place.
hero member
Activity: 966
Merit: 1003
July 13, 2014, 07:28:57 PM
maybe this can help the darkcoin vs cryptonote guys here  Cheesy

Not much of a help as he apparently doesn't know anything about Darkcoin. Didn't prevent him from giving his opinion though, reminds me of many people in this thread.

neither does you or you do but think we are stupid and can't understand how DRK model is flawed.

This must be exactly the kind of conversation rpietila had in mind when he started the thread.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 13, 2014, 07:19:28 PM
I think Evan D overshot when he thought DRK could topple Litecoin.

There is not a snowball's chance in any coin ever replacing Bitcoin as the most important crypto-currency and Litecoin as the most important altcoin. If anything ever comes close, it will be effed over by people. Start investing in Litecoin for those who missed Bitcoin.
hero member
Activity: 966
Merit: 1003
July 13, 2014, 07:09:35 PM
maybe this can help the darkcoin vs cryptonote guys here  Cheesy

Not much of a help as he apparently doesn't know anything about Darkcoin. Didn't prevent him from giving his opinion though, reminds me of many people in this thread.
legendary
Activity: 3416
Merit: 1059
July 13, 2014, 07:07:13 PM
hey guys i like to share this link https://crypto.stackexchange.com/questions/18091/is-there-any-true-anonymous-cryptocurrencies/18096#18096

i had to reread it a few times..because i got lost in the technicality Smiley

maybe this can help the darkcoin vs cryptonote guys here  Cheesy
hero member
Activity: 574
Merit: 506
July 13, 2014, 07:00:30 PM
Recovery of monero starting. Rock bottom and (in relative terms) massive wall at 0.002.

How high is it going to go this time? Last top was 0.01, and the last bottom (assuming we are heading up) was higher than the previous bottom.

I am actually calculating with your previous prediction of 0.02 as maximum this year. It is well thought prediction. I will start selling only after we pass 0.01 (previous ATH).
legendary
Activity: 2968
Merit: 1198
July 13, 2014, 06:33:38 PM

If I (or any one of us) had control of a botnet we would not be involved with Monero. Trust me. We would have much more profitable fish to fry (ransomware, for instance).

Uh, wow. lol.

I hope you forgot the quote the /s in that post or something.

Ilodin proved that he is a slandering troll with that post.  I think he should be banned. 

I just quoted what he said. Stop trolling.

You intentionally, with knowing deception and malice aforethought, created an inference that fluffypony has criminal intentions.

This doesn't surprise me. It seems characteristic of drk advocates.  It does give me certainty that you are a liability to honest discourse.  Please feel free to prove me wrong by your behaviour.

I didn't follow the whole chain here, but the original accusation/innuendo came from this post by "openyourmind" https://bitcointalksearch.org/topic/m.7802635

If you look at the posting history for "openyourmind," especially the first page or so, you will see exactly the same pattern of one line light-on-content posts made to bump up the post count that you see with every single one of the troll/sock puppet accounts that have been relentlessly attacking Monero from day one.

https://bitcointalksearch.org/user/openyourmind-304231

It is all quite amateurish to the point where I now find it amusing.

 
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
July 13, 2014, 06:29:51 PM
Recovery of monero starting. Rock bottom and (in relative terms) massive wall at 0.002.

How high is it going to go this time? Last top was 0.01, and the last bottom (assuming we are heading up) was higher than the previous bottom.

I guess we'll see a lot of selling pressure between 8 and 10 mBTC...
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