Darkcoin WTF ?

Discussion in 'Digital Currencies' started by southerncross, May 25, 2014.

  1. southerncross

    southerncross Well-Known Member Silver Stacker

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    All in your mind
  2. goldpelican

    goldpelican Administrator Staff Member

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    Yeah, kicking myself. Bought in about an order of magnitude lower than where it is, sold the next day for a loss. Currently have a position in them bought at a much higher price.

    The idea of operating a masternode is very attractive, but you are up for considerable financial exposure to every wannabe hacker looking to score 1000 DRK.
     
  3. Altima

    Altima Well-Known Member Silver Stacker

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    Can't see the graph. Is this WTF in a good or bad way?
     
  4. dozerz

    dozerz Well-Known Member Silver Stacker

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    in a bad way if youre not hodling, good if you have some...it has exploded and set to take number 2 spot from litecoin.
     
  5. southerncross

    southerncross Well-Known Member Silver Stacker

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    Yep depends on whether you hold them or not. I personally am spitting all flavours of chips at the moment, having bought for a song compared to current price a while back and then selling out to purchase a flash in the pan ( I Missed the Flash BTW). I wish I had held right now based on current price.

    Is it the anonymity factor or just a short term market trend like Aurora do you think ? It look's like a sustained and supported rise based on the former but......

    I am interested in what others with a lot more experience in the fickle DC world think.
     
  6. ninteno

    ninteno Member

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    I was wondering why DRK was not discussed here before. Its not a PD coin as it was seen 1000 times before in crypto world.
    I am holding since it was at 0.0013 and sold only a few in daytrading. As i always have a good doing in daytrading i lost around 70 within this game.
    But to be honest, i wouldnt buy in now. On the other hand i will not sell some of mine until itll get a big big cake.
    I dont want to do such a shit as buying a pizza @10,000 BTC, i want the bigcake :D
     
  7. iluvbeanz

    iluvbeanz Member

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    One of the Ripple founders just PGP signed a message that he will be dumping all his ripples. I believe the founders have more XRP's than the rest of the population combined. So with this announcement, people dumped their XRP before the GREAT dump.

    I'm speculating that a large chunk of this went into DRK.
     
  8. iluvbeanz

    iluvbeanz Member

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    And this is why I think XRP dump contributed to the DRK pump:

    [​IMG]

    That's a 7-day graph of ripple and darkcoin superimposed on each other. They look very well mirrored.
     
  9. hsher

    hsher New Member

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    According to the DarkCoin block explorer, the genesis block was created 2014-01-19 01:40:18 -

    http://explorer.darkcoin.io/chain/DarkCoin?count=100&hi=0

    Only 21 hours later, 4100 blocks had been mined? -

    2014-01-19 22:08:36 (Value out = 500)
    http://explorer.darkcoin.io/chain/DarkCoin?count=100&hi=4100


    That's 195 blocks/hr? It is supposed to be 24 blocks/hr? (every 2.5/min)

    Also, 500 coins were issued per block up until around #4100? Is that 2,000,000 coins created within the first 21 hours?

    Move forward 15 hours later to block 4520, and only 56 coins are issued per block? -

    2014-01-20 13:22:38 (Value out = 56)
    http://explorer.darkcoin.io/chain/DarkCoin?count=100&hi=4520


    Isn't there only 4.5M in existance today?


    Also from -

    https://bitcointalk.org/index.php?topic=421615.0

    Does anyone know if the source has been released?


    Edit - I found more on the 2M coins issued within first 24 hours -

    https://darkcointalk.org/threads/the-birth-of-darkcoin.162/

    It seems it was a mistake. However, 2M coins were still issued to miners within the first 24 hours it would seem.
     
  10. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    can you grid seeds mine X11 ;p

    :D:D:D:D:D:D:D:D:D:D:D
    :lol::lol::lol::lol::lol::lol::lol::lol:
     
  11. hsher

    hsher New Member

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  12. dozerz

    dozerz Well-Known Member Silver Stacker

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    i buy them with cash, hows your power bill?
     
  13. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    my power bill is fine. I told you my sweedish meatball brain friend those grid seeds are a waste of money you will never get a return on them. I can still get a good amount back for my cards but more importantly I can mine other algo's

    lol like I said a fol and their money are soon parted.
     
  14. ninteno

    ninteno Member

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