Topic: 【Truth or FUD???】DarkCoin – The Next Big Thing, or Just Another Pump and Dump? - page 5. (Read 15511 times)

Continue to fight back without standless point.
1. I will not responde, it is clear that the coin is instantmine and people can guess who mine them.
2. You are still trying to argue without ground. If you look at facts, suppose a huge number of miners jump on DRK in the first 15 hours, the difficulty change will not be as shown in the block chain.
3. That is not the wallet that majority of miners can run after 4 hours of release. You say the majority of miners as dumb, while you guys dont provide an equal opportunity for all the miners?
I question who you are and why your quality is so low

Now DRK is being manipulated, i would not be surprised that they are trying to cash out DRK before all the negative effects are revealed.

I agree.

And what's new?
This instamine? Everebody know it since a long time.
Not a fully anonimity coin? Yes, devs always said that wasn't a real anonymous coin, but a compromise.
Closed source? It should become an open source when darksend will be fully operational.

Anyway, all answers will be given when the MN payments is working, and sources are realeased.

Altcoins don't have the luxury of bitcoin. Not even litecoin has it (next year it'll produce another 10mn coins over the existing 29mn - requiring >100mn USD to buy these, so its price has only one way to go... DOWN)... In effect steady minting of coins leads to dead coins due to inflation.

People can't afford to have a coin that goes like 1mn coin this year, 2mn next year, 3mn the year after etc etc. It's guaranteed suicide in terms of investment. Especially in the first months, inflation can be like 2-3% per day, requiring hundreds of BTCs to keep prices steady.

Hence the fast-reward at the start / slower or even no reward (PoS/PoW) thereafter for modern coins.

(With DRK it was a case of too low diff at the launch and too slow diff retargeting which spewed coins like crazy.)

I will, if someone remembers to point me to it— ideally if it also comes with a high level design document so I don't have to extract all the behavior from the code (doing so is very time consuming).

As an aside, and apart from the privacy tech—

Whats with the claims here that the subsidy was changed after some millions of coins were created?  Thats pretty damning if true— shades of Solidcoin.

The whole too-low-initial-difficulty plus exponential distribution thing seems to be a trope now. Bitcoin's initial difficulty was high enough (relative to existing hardware and software) that it couldn't even keep up with its 10 minute target during the first year.  If I were crazy enough to launch an altcoin I'd set it so that the real mining didn't begin until it crossed some somewhat reasonable difficulty to reduce the land grab intensity, because it smells pretty fishy otherwise.

Isn't Darkcoin already high?

Only an idiot will believe he was only one who mined. Oh, that's you. 



One or few persons did not mine 40% of DRK. There was an ANN, and there were HUGE number of people ready to mine the second it was released.



Windows wallet was available 4 hours after the launch. And, a HUGE number of MINERS run Linux on their Windows computers via vmware or virtualbox anyway. So yea, cryptohunter and you were probably the only ones dumb enough not to.

Let's say I know at least 7 people who bought batches of ~50k coins each totaling 350.000 coins from early miners and exchanges (early feb). And these are those I know of.


Who is "he"? There wasn't one guy mining. Go to the DRK thread and see the WTS 10.000 DRK messages by individuals.


If you have a coin with, say, 16 mn coins, and by day 7 you have distributed them all, you are instamining something like 2mn coins per day. The difference being, that after the 7 days no new coin will ever be mined - so late arrivals will have to buy from the bagholders.


All the large farms and at least half the miners (as individuals) run on linux. The aggregate hashpower is enormously in favor of linux. Remember that DRK did not launch as a GPU coin, but as a CPU coin. X11 didn't have a GPU miner until mid february.

Also remember that Windows QT wallet launches of CPU coins are criticized heavily due to being botnet raped.

If the dev launches with Windows QT one would say "ohhh that's a botnet coin, fu"... if he didn't "ohhh that's only for linux miners". Damn if you do, damned if you don't. If someone wants to find something bad to say, they will say it.

I couldn't figure out what you were saying, thats why I asked.
Bitcoin does not have only one set of developers. There are several complete re-implementations, some with active development bases— something you can't say about (AFAIK) any of the altcoins. Moreover, the permissive licensing of Bitcoin means that you aren't, and shouldn't be, dependent on any particular developers... you can freely fork the code at any point for any reason, and many people have. For similar reasons, people working on Bitcoin generally don't make incompatible changes in the software (with a protocol gateway, Bitcoin is compatible with the very first release, and without a gateway, 0.2.10 from 2010 will still happily synchronize with the network, though old versions are not very reliable anymore).

If you're depending on developers to take an active role in the real operation of you decentralized cryptocurrency then it's not really all that decentralized, it's still controlled by the politics of men instead of math. Having a choice of one master out of many is not really freedom.

Another coin heavy with closedness, its hard to analyze and so you won't see much if any serious review. The initial snippits of code they published had a clear and obvious nothing-at-stake vulnerability, and so far I've not seen any explanation as to how its actually viable at all. Perhaps none of the people who actually understand it speak english, but the people who've recently posted about it in the tech subforum didn't give a positive impression at all to others who are clueful about distributed consensus systems.... but this is totally offtopic here.

Anonymity isn't a binary state, there are degrees. Really strong anonymity is very hard to achieve, and needs more than just some features— it's a lifestyle, even a state of mind. I think perfect anonymity is generally beyond human capability except in very limited circumstances.  _Better_ anonymity, or— perhaps more correctly stated as "better privacy"— is possible... and things like the darkwallet and the other tools that implement coinjoin in Bitcoin let people get better privacy today.  Even stronger privacy is possible, but it comes with tradeoffs, which is why it might not be desirable to implement the stronger systems in Bitcoin even though we know how to create them.

Because some darkcoin pumpers showed up in an entirely unrelated thread and started crapping on other people's efforts in order to promote DarkCoin. I certantly wasn't interested in seeking out this discussion, but since it came to me I don't have any problem in responding to it.

will dark be pumped higher???

gmaxwell, I think it would be great if you could spare some of your time to review Darkcoin's code once Evan has completed it.

I have no doubt that you would be able to provide valuable constructive feedback to Evan. Collaboration I see is the key to evolution and advancing ourselves in the crypto technology space - I am sure with both of your minds together something great could happen!

Get on the boat guys!

are you kidding???

i use windows, and i do believe dark dev team may also buy more cheap dark coin when dark coin hit a market, because they know they will pump it later.??

that's make sense.

1.Now I can see you are trying to argue without standing point. Did you see 1.75 million DRK sold in January?
Only a idiot will believe he sold all in january.
Suppose even if he sold all in january, is 42 btc bare no money? In January BTC worth more than 700 usd.

2. Instantmine is that one or few person mine a ton of coin in the beginning of release, mostly because of low difficulty. Do you see in BC, Cinni or other POS coins case, one or few person mine a 40% of PoW coins?
In PoS coins, the developer make a ANN that everyone can mine from beginning, do you call this instantmine?

3. I cannot agree with you that most miners use linux, because according to what I know, majority of miners use windows.
Look at the discussion of cgminer, sgminer, etc, you will see most forum members are discussing how to use windows based miners.

I have what, 2 previous post in a DRK thread, both of which indicate I think the price is going to go down and continue to do so.

How you get from that to me being a DRK holder must require some interesting gymnastics.

I don't think DRK is a scam, but I do think it's been overhyped.  I also think the dev is likely in over his head, knows it, and that's why he won't open the source yet.

In the end, I don't much care if DRK lives or dies. If it fails, some later iteration won't.

I like to see diversity in altcoins. I think it's a good thing to have a lot of chaos on the fringes. Some of that will bubble up to be good ideas.  It doesn't matter if 99% of them are copycoins or poorly implemented. New ideas are good for the ecosystem.  Even hype of previous ideas is a good thing, it promotes the concepts to wider audiences.

Gmaxwell has made it very plain he does not like altcoins. He's stated it directly.  I disagree with him on this point, and in fact I think it's quite dangerous to centralize on one coin with one set of developers.

Evan Duffield is rich! 1,700,000 DRK at today price is around 30,000 BTC or $20,000,000.

also a big dark holder for some profit?
and develop a shit coin named  Ozziecoin???


https://bitcointalksearch.org/topic/ann-091-ozziecoin-australias-first-widely-distributed-digital-coin-578881
[ANN] [0.9.1] Ozziecoin - Australia's first widely distributed digital coin

First they lough at you, then they fight against and finally you'll win!

Each time a new "anon" coin pops up there is new fud against DRK from "investors" of shitcoins
who missed the DRK train.

What they still don't know, they have only missed the first x10 .. x15 of DRK.
If they would do some research about dark instead of spending time and money in shit like XC
and Veri they could be part of the next step of DRK.

Fundamentals could be seen over weeks on a price around 0.00125 ... 0.00145.
DRK is one of the best distributet coins ever. You could read over weeks and again again DRK is only
a pump and dump and people were acting like a pump and dump and a lot of coins changed from hand to hand. as the past has shown it isn't pump and dump, it is DRK and DRK will change the still small crypto world!

People start thinking whats going on here.

BTC core dev is fighting against a shitcoin. Why is he spending time on shit DRK ?

Belive me, he knows why and you should also. He maybe has more DRK than we alltogether.