Post
Topic
Board Altcoin Discussion
Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation)
by
Lebubar
on 22/04/2015, 21:29:43 UTC

Great, so the instaminers (35% of the current supply) and a few other whales can vote everything in their favor forever, whitewashing the centralization with a veneer of "decentralization." Its the dash way.



The majority of these coins were distributed through the market in the following weeks and months at very low price levels* (0.0000x BTC per DRK to 0.000x BTC per DRK) and a lot of them were also absorbed in the April/May 2014 price increase.

Examples of prices and selling action almost two weeks after launch:

https://bitcointalk.org/index.php?topic=421615.msg4861558#msg4861558

https://bitcointalk.org/index.php?topic=421615.msg4889177#msg4889177

Forum member coins101 did a blockchain analysis of Darkcoins distribution as of September 2014:

https://bitcointalk.org/index.php?topic=778616.0"