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Topic: WIll Darkcoin reach $1000 by the end of 2014? (Read 3479 times)

member
Activity: 84
Merit: 10
That would make things very interesting. David vs. Goliath

US Dollar (USD)

- Premine: US government has 100% monopoly on mining
- Mining algorithm: 8 white guys
- Block reward: exponentially increasing ad infinitum
- Double spending: Institutionalized by the banks
- Security: proof of violence
- Transaction confirmation: slower than snail mail


 Roll Eyes

From: http://youtu.be/MoUj8Q-BgjA?t=3m52s

Ha Ha That was very funny
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Snowballs chance in hell Smiley
full member
Activity: 125
Merit: 100
no way thats gonna happen.
DRK is a good coin but not that good.
legendary
Activity: 1918
Merit: 1001
its price looks like its returning to normal now Smiley
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
lol no

Keep dreaming.  Cheesy
legendary
Activity: 1708
Merit: 1049
Price adjusted for equal monetary base of 10.000.000 coins, so that price comparisons of $/coin can be meaningful:

Bitcoin   573$
Litecoin   29.5$
Ripple   5.16$
Peercoin   4.49$
Nxt           3.65$
Doge   3.51$
Dark     2.42$
Name   1.79$
Master   1.42$

Lite 29.5$ and Doge 3.51$ per coin.

Lite's all time high and Doge's all time high was >100$ and >10$ respectively.

Factor in:

1. LTC has failed in its primary mission to improve bitcoin on asic resistance.
2. DOGE's monetary base is infinite

The conclusion should be immediate: If DRK is "overpriced" at 1/11th of LTC's price and has a lower price compared to infinite DOGE, then what are LTC and DOGE? Bubbles of epic proportions?
member
Activity: 73
Merit: 10
 Smiley, I hope Dark will go to da moon at ecoinfund: http://www.ecoinfund.com/market=27
hero member
Activity: 1036
Merit: 606
That would make things very interesting. David vs. Goliath

US Dollar (USD)

- Premine: US government has 100% monopoly on mining
- Mining algorithm: 8 white guys
- Block reward: exponentially increasing ad infinitum
- Double spending: Institutionalized by the banks
- Security: proof of violence
- Transaction confirmation: slower than snail mail


 Roll Eyes

From: http://youtu.be/MoUj8Q-BgjA?t=3m52s
hero member
Activity: 1036
Merit: 606
If its a unique resource then its possible.   Forget your objections, is the coin filling some vital demand out there.     Personally I dont care about secrecy that much but if there is a big enough market and this is the one coin that can provide a solution then I guess 100 at least is a maybe

If it gets to $100 i dont know what ill do.

Well if a shitcoin alt clone like AuroraCoin with zero innovation, a 50% premine and roughly the same coin total as DarkCoin could reach $90 earlier this year, it's certainly possible for DarkCoin to reach it and have a much better chance of staying there IMO.
legendary
Activity: 1918
Merit: 1001
If its a unique resource then its possible.   Forget your objections, is the coin filling some vital demand out there.     Personally I dont care about secrecy that much but if there is a big enough market and this is the one coin that can provide a solution then I guess 100 at least is a maybe

If it gets to $100 i dont know what ill do.
member
Activity: 84
Merit: 10
I hope so
but I don't think so
sr. member
Activity: 478
Merit: 253
$1000 ?
so what price will BTC get ?
$1 000 000 ?
full member
Activity: 182
Merit: 100
That would make things very interesting. David vs. Goliath
STT
legendary
Activity: 4102
Merit: 1454
If its a unique resource then its possible.   Forget your objections, is the coin filling some vital demand out there.     Personally I dont care about secrecy that much but if there is a big enough market and this is the one coin that can provide a solution then I guess 100 at least is a maybe
hero member
Activity: 644
Merit: 500
I would SHIT myself if I saw it go that high. Like I would just shit my brain out at the stupidity of such a thing. Sarcasm wouldn't even be a option. It's like: Jeezus. What the hell happened to the Earth?
hero member
Activity: 1036
Merit: 606
Post your vote!

No here is why

THE FACTS ABOUT DARK COIN

1. released without windows QT so that only dev and pals could mine it.


Quite true, but this would only affect solo miners wouldnt it?
I guess if you were pool mining it would have been OK, or do i take it that there was no pools?

A bit poor though that no windows wallet was released at launch.

Darkcoin was the first x11 coin and I doubt there were any pools available until a few days after launch. There was also a pool exploit not too long ago that was widespread and allowed tons of fake share to be submitted and counted as valid, stealing shares from legitimate miners. The exploit has since been patched by the majority of x11 pools.
legendary
Activity: 1918
Merit: 1001
Post your vote!

No here is why

THE FACTS ABOUT DARK COIN

1. released without windows QT so that only dev and pals could mine it.


Quite true, but this would only affect solo miners wouldnt it?
I guess if you were pool mining it would have been OK, or do i take it that there was no pools?

A bit poor though that no windows wallet was released at launch.
legendary
Activity: 1918
Merit: 1001
Interesting to read everyones comments regarding NXT, i think its so under valued ATM.
Megacoin is the only other coin im looking at investing in, especially since in live in New Zealand! Grin
legendary
Activity: 3066
Merit: 1188
Darkcoin had a lot of promise and suggested some real innovation.  But it has not delivered on that promise, though I have to admit this latest pump is impressive.

Good Luck!

What was the promise it did not deliver on ?
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