darkcoin price chart is going down steadily to oblivion. this coin is not only bad for miners ( low profitability) its also horrible for investors.
http://postimg.org/image/kylsqtkm1what is even MORE retarded is its 400+ difficulty.
Difficulty compared to scrypt is around 130, price is rather stable compared to any other altcoin especially looking at those useless clones and premined shitcoins
It's funny how people forget that the primary goal is to create a currency, which is much better when it is stable.... Would you want to pay 1 BTC for a cup of coffee at Starbucks today?
Also, someone slap me if I'm way off base here, but if the difficulty keeps going up, doesn't that imply that more people are mining it, increasing the net hash rate? That hardly sounds like spiraling into oblivion.
The difficulty is currently hovering between 250 and 380ish. The network hashrate hovers between 8 and 10.5 GH/s. There isn't even a 400+ difficulty. Just little spikes. We will see how it will develop when DarkSend is released. It appears that more and more of the members of the cryptocoin community seem to be really short term focused without looking really into the future. Best example is litecoin. Whales dumpin like shit after it hit $21 and that is not even its real value, way undervalued at the moment. Similar with DRK