Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
ebliever
on 22/05/2014, 19:32:33 UTC
Oke let's see. I'm holding my btc for months now (before Doge, nice community,  but i'm not into crypto to lose money but to save money). So DRK appeared on my radar a few weeks ago (still kicking myself from not bying) and I purchased a decent amount a couple a days ago.

My only concern is: why wouldn't it crash like ALL the other altcoins did, that's the only reason why i'm not really into altcoins and was/am a big bitcoinbeliever. But I could really see Bitcoin as the big brother and DRK as the anonymous little brother.

I really love the concept of DRK but I'm just concerned about the fact that all the other altcoins have been pumped and dumped.

Could someone convince me to HODL! or even buy more...

I can appreciate that; we've all seen the familiar spike and collapse pattern in altcoins. No one can predict the future, but here are some thoughts:

1. Warren Buffett famously taught that you should invest in the top 1 or 2 companies in an industry. The leaders tend to have the best ideas, and can borrow/copy the best ideas that their competition comes up with (usually), while maintaining the advantages their leadership gives them. In the case of anonymous coins that is DARK.
2. Living in a surveillance state, with headlines exposing one case after another of how government, competitors, etc. are monitoring us, everyone is desiring more privacy these days. That's particularly the case with finances. So it's not just a few drug dealers interested in Darkcoin, it's the vast majority of us.

If I'm right, Darkcoin's market cap could pass LTC in the near term. Suggesting it can match or beat BTC would require a stretch of faith and lots of things happening just right. But in a technical feature match-up, Dark would win at this point. So if it can gain traction with people, there is no limit.

Just be ready to sell if Mr. Duffield gets hit by a truck....