Quote from: AlexGR on April 06, 2014, 07:41:00 PM

I'm done. You erased a legitimate answer in your other thread about "darkcoin / scam" and it's obvious you seek not the truth. Rather you want to portray a single-sided version of dirt aimed at x11, darkcoin etc. So be it - do what you have to.

+1

guy has a clear agenda

here's your response if anyone is wondering.

Quote

For someone that is going out to uncover the "scam" that DRK is, you've certainly haven't done any of your homework, like reading the first pages of the DRK thread.

The "instamine" issue has been brought up multiple times in the DRK thread - so apparently you haven't read it. Usually all those complaining are butthurt individuals who didn't buy in when cheap - because DRK was extremely cheap on entering exchanges. Your type of complain is different. You simply want to attack DRK and find stuff as you go along.

Anyway, 15 days after launch, DRKs could be bought on ccex for 0.00001 BTC. There was massive dilution of DRKs from miners to buyers from 0.00001 up to 0.002 BTC - and especially a lot that were sold in the 0.00002-0.00018 range.

Did you want any DRK? No you didn't. If you did, and even if missed mining, you could be a bagholder right now of epic proportions for pennies. There are buyers who bought and have >100x profit from miners who didn't really appreciate their mined coins and sold them for nothing. You see people rarely appreciate what they have in abundance. And the miners who were there from the pre-ann, sold bags of them when they found the chance in ccex. Thus a large percentage of the quickly mined coins were diluted from miners wallets and pools to exchanges and buyers / investors.

When something becomes successful, people would like the opportunity to buy before the success was achieved. But since they can't go back in time, they can rationalize their mistake / lost opportunity and say others were at fault. But here there's no excuse: Even if someone did not took part in the "instamine" he only had to go to the exchanges and pick up the "worthless" DRKs for 1/140th of current prices.

It is 100% hypocritical for some to say that they care about unfair distribution when this second opportunity was there for EVERYONE that desired a large piece of the pie by buying extremely cheap (more than 100 times cheaper the current price), at least 15 days later than the launch.

I can say this because this is one of the largest mistakes of my life, in hindsight. I arrived on DRK at late January as I was looking for a cpu coin to put my celeron for work. I saw the specs and immediately it stood out as something innovative, not a shitty clone. I said here we are. I started mining (~25 DRKs per day for the celeron) and as soon as it hit the exchange (early feb) I went to sell my coins. Seeing how cheap they were, I was like WTF... I should buy at these prices, not sell... and yet I didn't. Who's to blame? Me. I could have made >100x if I bought. The opportunity was there and I simply didn't take it. And I was just sitting idle when buyers were sweeping everything for nothing.

When dealing with coin distribution and fairness etc etc and how some people got more and some less etc etc, you can't simply overlook that the first coins were on sale for dirt-cheap prices. It was like 10.000 BTC pizza stories. And we are not saying a day later but half a month AFTER the launch and with people fully realizing that the coin was going to be the first anonymous coin, but without realizing the implications in terms of the market