Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
Armando
on 14/04/2014, 21:48:28 UTC
IMO BlackCoin could be serious threat to DarkCoin. As a community we should take it seriously:

1. If BC implement DarkSend, DRK could be doomed
2. BC multipool is going to use X11 (this is already happening, it is just a matter of days)
3. I think that more "average Joe" kind of people will consider DarkCoin just a copy of BC because they will firstly hear about blackcoin, which is a big hype nowdays, and they have great  marketing(Apple is big copy-cat, but people find it innovative ).

People pump BC because of speculation, not because any real value/use, and people keep buying just because they don't want to miss it, just in case.... until dump starts. Once a few big whales dump at once, people will panic, and the coin will recover from some of those panic dumps, until the hype is not enough to keep it up.

Coins without a real reason for existence end up dying, and BC doesn't have any real life feature, just speculation.

Isn't the pure POS faster? It's basically very energy efficient while being very fast and secure. Immune to 51% attacks etc. Or am I wrong? I don't mean that the current valuation is justified, simply that it's not a bad coin at all imo.

I prefer PoS over PoW, but damn, BC is just a shitcoin. There is good old Peercoin that was first in PoS with few clones, NXT that is not a bitcoin clone but a platform for building payment systems, decentralized internet etc, and few interesting PoS projects in development. So, when people who is now panic buying BC will realize that they are "investing" into useless clone - like DOGE without dog face))) and some big holders will decide to chashout, the fall will be huge...