Quote from: nearmiss on May 12, 2014, 11:54:23 AM

Quote from: Ed4252 on May 12, 2014, 11:45:52 AM

Quote from: ac2 on May 12, 2014, 11:35:44 AM

Quote from: kaene on May 12, 2014, 10:41:52 AM

I did some calculations, and unless I'm mistaken, assuming block reward goes down to 5 within the next days and diff stays there from now own, we won't even see the 11M coins, more like 10M coins ... (hopefully someone will review the calculations and confirm

Currently there are 4,268,791DRK, and the coin halves every 2 years, that means next halve will happen after 353,283 blocks, that will be after 613 days more or less, so by Jan-Feb 2016 we will have 6,035,206 DRK. After that, as follows:

Feb 2018 +1,766,415 = 7,801,621
Feb 2020 +1,051,200 = 8,852,821
Feb 2022 +525,600 = 9,378,421
Feb 2024 +262,800 = 9,641,221
Feb 2026 +131,400 = 9,772,621
Feb 2028 +65,700 = 9,838,321
Feb 2030 +32,850 = 9,871,171
Feb 2032 +16,425 = 9,887,596
...

So, unless I calculated it wrongly, it looks like the cap will be around 10M, even if block reward needs 1 or 2 months to end up at 5, we are in any case talking about less than 11M DRKs.

Edit: the calculations are wrong, as JGCMiner stated, the coin doesn't halve but decreases 7% yearly.
That means the cap is around 19M assuming block reward goes down to 5 within the next weeks.

Some non official websites still have old information about this:
http://altcoins.com/drk-darkcoin-cpu-anonymous-coin.html
https://cryptsy.freshdesk.com/support/discussions/topics/75119
http://crypto-coins-table.com/coins/DRK/index.php

This is a long thread...new buyers have not read it all...

Do you know that darkcoin was instamined at 500 coins per second on day 1?

Do you know that in the first 24hrs 2.2 million coins were mined?

Do you know that no windows wallet was available on day 1?

How do you feel about that?

how many were mined in the first 24 hours for bitcoin and litecoin??

This isn't 2009, nor the first (or one of the early) coins to launch. Should standards not improve?

The thing is nearmiss, all of the 'concerns' mentioned by yappy little chihuahua #2 have been completely and utterely thrashed out three times over to the point of exhaustion, and we're all really tired and bored of it. If you can't be bothered to read and research, you shouldn't be investing in anything.