Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
drkman
on 19/04/2014, 19:57:35 UTC
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you bought some blackcoin right before it exploded in value

uhm no. and what does it have to do with darkcoin??? how would that subject be related to darkcoins unfair distribution and insta-mine issue???
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I believe this coin has one of the fairest distributions ever, but even if it is not, who cares?
uhm no. it doesnt. 50% of the coins in circulation are insta-mined.
oh and ALOT of people care about unfair distribution.

100% of blackcoin was instamined in the first six days (only 1% more coins per year after the first six days). I always wondered by people care with Darkcoin and not Blackcoin.
They are trolls, it's that simple. They are mad that they didn't see the opportunity early on and come here to whine about it. If you start to succeed, envious people will come out of every imaginable crevice to detract from that success.

I don't think the concern is about who did or didn't make early gains - the concern is, why has the price been stuck in a trading range of 15-20 for weeks, despite clear, public progress toward full release of Darksend and other features.
To dismiss that concern as "FUD", "trolls" and impatience is really not the best way to address legitimate concerns.
People are looking for answers and clarity on the market trajectory of this coin. It's only in that context that instamining has come up as a possible explanation.
I think AlexGR and others have provided reasonable theories - that's the way to go, not dismissing those concerns. One theory is that it's possible that future success has already been fully priced in - but that's hard to believe.
Guys, when almost half of the entire 1st years worth of mining is created by a couple of people in the first 24 hours and you don't fix it by relaunching or airdropping to others, THIS PRICE ACTION IS EXACTLY WHAT YOU WILL GET.  All those who whined that airdropping would hurt the price of the coin..... well wake up.  The 10% instamining is hurting the price of the coin!  It's not rocket science people.  Supply and demand.  And when a few guys have 1000X the amount of Darkcoin that everyone else has, it will make it very hard for that coin to move higher and stay higher even with increased adoption.  Simple Econ 101.