Topic: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) - page 39. (Read 82637 times)

So the fact that is it a truly first anonymous coin is worth nothing?
Please. 

The dev quoted this figure in the Airdrop thread.



No.

I'm trying to suggest a better distribution of the coins that were mined at greater than expected pace due to a bug, which was not desirable

No one holds 2M, not even the dev. Where did you get that idea?



Just disregarding the fact that there is no "those coins" for a minute.. You are saying that people who didn't want to risk investing in Darkcoin before it was guaranteed to be a success, should now be guaranteed the profits without any risk?

The name of the Darkcoin this thread is about was actually XCoin at that time. Only later the name changed to Darkcoin. So there was never any confusion. Or do you invest in coins just based on the name?



I didn't even know there was a Darkcoin when XCoin (= The Darkcoin now) was released and I mined it just fine with my single i7 4770k CPU. And I bet lots of people used cloud mining because a lot of people already mine(d) other cpu coins like that, for example quark.

+1

You better start believing it.

I will try to have the courage to go against the establishment consensus concering the 12,000 btc worth of Darkcoin, hell, I'll even run a supernode, airdrop away!

XssTuPqAnbyr5gXARrNMMAo33eh99vi8Yv

Much has been said and discussed about the so-called 'instamine'. And the developer has answered it multiple times, so I wouldn't repeat it.

TLDR:
The 'instamine' was due to a bug and was unintended. ('Gravity Well' had not been implemented at that point)
The developer tried to rectify the situation by proposing an 'airdrop' which was turned down via community members through a poll

In a nutshell, the developer is as unhappy as any of us about the 2M DRK he holds; if only there was a truly fair way of distributing those coins.
So rather than bitching about the problem that everyone acknowledges, try bringing a viable solution to the table. Or GTFO.

I'll try my bit:
Rather than an airdrop, a trusted method would be to merge those coins with next block rewards for a few weeks. This will distribute them to current miners in a truly fair manner and will give everyone a fair chance to mine/own them.

I don't know if current technology allows something like this, but its something to think of.

This is actually not true, all due to one mysterious variable in the equation.  All google searches of "Darkcoin", lead you to a COMPLETELY DIFFERENT coin with a total coin count of something like 100,000,000,000,000,000 units and an abandoned thread as the top search results, mostly since that coin came before this one.

The only way you could really mine the coin at all was if you somehow already knew there were two different Darkcoins and had a reason to be looking for the second one (this one).  The next requirement would probably be having an account for renting tons of Amazon instances, since that's what the dev and his close henchmen did, or you're obviously not going to compete with their WU.

So to recap, to mine this coin at all, you needed:

1) special intelligence that multiple darkcoins existed and you're looking for the one that's buried under all the info from the first coin that came before it
2) a credit card
3) Amazon account
4) knowledge of how to remotely set up miners for cloud farming
5) knowledge that a coin with blocks "erroneously" set to 500 instead of 50 isn't going to cause the chain or coin to be aborted since it was technically a failed launch

Anyone who has been near this coin around the beginning knows all these facts.  Will that have any effect on the coin in the long run?  Who knows.  For all intents and purposes, it was a rather unfeasible coin for anyone to be able to mine no matter what your technical level of skill is.

Remember GPUcoin?  They had about 5 failed launches and just randomly set block rewards to some ridiculous level.  That's basically what Darkcoin was except they just kept the chain instead of aborting it.  You couldn't mine it due to all these variables, and you couldn't buy it for cheap since looking for the coin would send you to a completely different coin in all top search results.

Whether your opinion of the coin is that it was a planned instamine or scam, or an actual, normal launch, it has one of the worst launch distributions of any coin.

It's exactly this, there are so few people who actually hold crazy amounts from the beginning. I came in after the "instamine" (around february 6th) and this was the first coin I ever mined. I was instantly hooked and saw the potential right away. I've never been interested in selling (apart from playing the market a bit) and no other coin has given me this type of feeling, the feeling of knowing you're a part of something great. This thread you started sure helped ILoveAnonCoin - It did absolutely fucking nothing and if someone was actually dumb enough to be influenced by it from the moment you posted it, they lost out on 400-500% gains in crypto.


Spoetnik = Autobashing Darkcoin hater/retard

Every thread, it's a personal vendetta. You're so unbelievably pathetic it hurts.

facts != bashing .

Why am I not surprised that OP is called 'IloveAnonCoin'. Stop bashing other coins that actually have innovation in them. I'm yet to see a fully anonymous coin.
Stop being butthurt that you didn't buy in, in time.

Now you can only hope that your dick shaking doesn't stain your own pants with your piss. Keep on keeping on though, at least 3-4 people care about your faggotry and can always join your pissing contest.

You know you faggots cannot do it to Monero etc because old school guys running that show will fuck you and your faggot friends over.

Don't you have any new IPOs to launch?

If you couldn't install linux to mine it, you could've bought it. There were lots of people selling coins cheap. For example I bought 10,000 coins for 0.25 BTC 10 days after the launch. So, you had all the opportunities in the world to get a large position, but if you didn't see the value in it you have only yourself to blame.

You can look deep in my post history and see where I've been in and out of dark from the beginning, way before the c-cex scandal.  EVERYONE who has been around it long knows it has the worst initial distribution of just about any coin.  If he wasn't working on anonymous features, it would be worth less than 0.

Duffield and 1-2 of his close henchmen rented Amazon instances or some other kind of cloud computing and mined the hell out of it with a linux only release, no windows distribution, while block rewards were "erroneously" set to 500 instead of 50.

Then they dropped the coin count from 80 mil to 20 mil to make their crazy high amount of coins even more valuable.  The only thing remotely rivaling Darkcoin in terms of bad launch distribution is NXT.

Well if it's all true and holders aren't that stupid they can still dump it and make price rise at the same time.

Let me tell you exactly why the price is up. It's because of someone or group having 2 millions drks. And they can control the market with that amount of dark. 

Yup these guys are gatekeepers for the IPO scams that happen on a weekly basis.

1) Cry DRK instamine, divert attention from real scams that are happening.
2) In the IPO threads ask "Who is escrow for this IPO" making it sound like they care about it and provide legitimacy.
3) After IPO scam is over, cry foul, come up with new ID and issue a "relaunch/fair launch" of the scam coin.
4) DRK scam coin! Look!!
5) Rinse and repeat. Profit.

I would be rather surprised if this was a scam from the little I know about this coin.  Seems like there would be more people calling foul and with more concrete facts.  The price also seems to tell a different story IMO.

What are you asking? Are you saying you really are having trouble following that conversation? If so, it makes it easier to understand why you post the drivel you post.