Quote from: toknormal on May 21, 2014, 10:07:39 AM

Quote from: HiddenDark on May 21, 2014, 09:54:23 AM

It might have some value and some use cases where it beats other cryptos, but if we are talking about driving the price, the only this to do that is mass adoption. DRK has a feature that can drive mass adoption (when I say mass adoption, I still see it as being behind BTC for quite a while, if not forever).

I would agree that DRK "has a feature that can drive mass adoption". It certainly fills a gaping hole in the Bitcoin feature set.

All I'm saying is that the price speculation that gets banded about on here is delusional and dangerous. The reason it's dangerous is:

[1] - it leads to misplaced expectations, which is probably the number 1 destroyer of crypto-asset valuation at the moment (See Blackcoin)

[2] - it's baseless. The people making these price predictions have basically no idea why the price might reach that level. I've just given you an example of one of the most successful coins in the history of alts that didn't add much to its valuation over a year despite its success. Remember, to go up in valuation (measured in BTC) the asset needs to be a better investment than BITCOIN, not the US dollar. That is a very tall order and most of DRK's unique qualities are now already priced in by the market. It's only going to get less unique from here as more "anonymous alts" come on the scene. The future price evolution is ambiguous at best

We've just gone through a 1000% price increase in the space of a few days. What needs to happen now is a refuelling period.

What that means a lot of product development, consolidation, adoption and promotion WITHOUT an associated increase in the valuation. That will allow the current price to consolidate and in 3-6 months time, the new fundamentals can form a proper basis for a revised price increase against BTC. Otherwise it's a bubble and disappointment awaits.

Let Bitcoin do the work on the $US Dollar front in the meantime.

I agree a lot of the price talk is delusional at present. I could see it going up 3x or 4x in the next couple of months, but 1000% again would be unlikely (it would put DRK bigger than Litecoin).

As for the long run I really don't know, although I see it possibly passing BTC (over several years), I can also see it going to 0.