Post
Topic
Board Altcoin Discussion
Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation)
by
cryptohunter
on 17/05/2014, 19:11:10 UTC
Cryptohunter is busy with whitecoin... a coin which the entirety of the monetary base is instamined in a few days and then no-one can mine it, like, forever. You'll just have to buy it from existing owners while mining ...something else.

Obviously he cares about the wellbeing and fairness towards future miners Grin


LOL hello another attempt at distraction from drks shady start..... even WC was launched with a windows qt and pools so everyone had a fair chance to mine? don't you get that? if everyone has the same chance it is fair? is this a hard concept to understand?  In this respect it was no different from mint, bc, any other of the fast minting pos coins? what exactly is your point?

My point is that your "concern" is hypocritical.

Regarding the part "if everyone has the chance is fair", let' me tell you a secret:

1. Not all people have the technical know-how to mine. Is it fair for them?
2. Not all people have GPUs to mine GPU-coins. Is it fair for them? (note: DRK was cpu only in the beginning, thus allowing everyone with a PC to mine).

In general, there is no such thing as fairness in this business. Those who are technically minded have a larger advantage. Whether it is in compiling a source, setting up mining rigs etc. Yet they are rarely the most benefited, as they sell their coins for pennies - as it happened with the first miners of DRK who sold batches of 10.000 for 0.25 BTC.

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So you say all short POW cycle coins are bad? even if everyone has a fair chance to mine at launch? really explain yourself?

There is no good or bad. It's just a matter of perspective. If you have a problem with instamining 5-10% of the monetary base, but not with 100% of the monetary base, then you are acting like a hypocrite.

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Take into account WC had 70GH and many multipools on this for days. If you are buying from the WC market place you will be buying from a huge amount of people. If you are buying dark you are buying from a handfull of big whales that have spread their loot.

DRK is expanding its monetary base by 100-200k coins per month and will produce at least 4x the current coins in circulation. WC will not. It's in WC where you will have to buy from the bagholders.

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Yeah the dev made a shit coin that couldn't generate POS. The community were shafted. Do i support WC original dev OF COURSE NOT. The original dev is a scum bag and this is why i say all premines and instamines are bad and need regulation.

I saw you on the WC thread trying to cheer up the situation until it became painfully obvious to everyone of what had happened. I mean, seriously?

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I'm bored of the entire subject like i said on the last thread.

Yeah so bored that you c/p the same stuff all over.

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If you drk holders can NOT prove the things in the OP didn't happen  (which you can't because they did happen) then stfu and get back to you own drk dirty thread and stop spamming the main section with your drk coins spam

...said the man opening topics that DRK is a scam.

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..... i see more drk coin spam on the main board than all other coins put together.

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Face your coin was and is a scam and get on with profiting from noobs that think that drk will make them rich until they realise........that it will not. If you didn't buy in a long time ago or were one of the instaminers then get ready for a rough ride.

You were attacking DRK even a month ago when the price was 0.0015 - and the price has gone like 10-12x upwards during the peak. So, really, what the heck are you talking about about "buying long ago". Even if you bought a week ago you are up big. But coin price is irrelevant in the end of the day for what we are discussing.

It isn't though in the context of fair distribution because early coins were sold for nothing through PMs and exchanges - something that you omit and cry "unfaaaaiiiiiir". Of course you don't even care about fairness. Go back to WC...

Even if i was being hypocritical or even if i was the devil it changes none of the facts in the OP.


Well at least you don't litter your messages with swearing and personal insults.

Let's quickly recap on what you're saying.


1. it's okay to launch without a windows qt or pools, because some people don't mine at all or know about crypto. Best put that to vote on the main section.

2. all fast pow mining coins that jump to POS after a couple of weeks are classed as instamine?  

I guess we need a definition of instamine. To me instamine is where the dev team or handful of miners get unfair advantage to mine over other miners at launch and pick up the easy coins in bulk. These new fast POW stage coins are not essentially instamine to me if they are announced and everyone has a fair chance to mine against each other. Where no person gets advantage.

Let's get serious too, even WC that shit coin version the first dev made had a diff retarget that actually worked to STOP instamining it retargeted very fast. DRK's diff stuck at super low with blocks on super high = steroid instamining powers right there + no competition from windows miners or pools.


Nothing you have said changes the facts in the OP.

I said on the drk thread i started before that i would not bump it if drk holders just admitted yes it was a instamine start, i have not bumped that thread since. Same with this one. Just admit it had a instamined unfair start and that's it. I mean you guys justifying it keep bumping this thread more those do that refute your claims that the instamine was fair or had justification.

If i was a full supporter or stackcoin that would change nothing about the facts posted in the OP. That is what you fail to realise. It is about the facts not the person presenting the facts. People must research those facts for themselves. It happened, no point trying to justify or subvert focus from it.