Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW

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 ).

Pumps (and dumps) happen in altcoin-land all the time. Stop panicking. And if BC tried to mine DRK, they wouldn't impact price much. The more hashes they contribute, the fewer total coins there will be per day.

+1

Epic pump... make no mistakes, epic dump will follow. There is nothing special warranting that price. Auroracoin anyone?

Pumpers have been slowly buying @ 500-1000 satoshi, then Twitter campaign for a couple weeks and careful buy support to pump slowly.
Only question, is it still a greed phase, or delusion:

Result: With careful sales pumpers can get 50-100 times return.
It's not all bad if the new floor ends up higher than before, just a lot of suckers loosing by buying at high prices and holding.

LTC looking like a long-slow pump n dump Grin

LTC profitability is quite high compared to Jan. This must be all the scrypt clones, x11, scrypt-n, etc alternatives as people diversify their mining in anticipation of scrypt ASICs or just chasing new pump n dumps.

Looks like mining is the factor that gets you launched, from there its all about value add and USP.