Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
dreamspark
on 30/05/2014, 15:08:51 UTC


The maximum number of newly minted DRK reduces by 7% per year, up to a projected maximum of 22M coins over a period of something like 50 years.  DRK also incentives removing coins from circulation through the setup of Masternodes, which require 1000RK to establish.  I suppose you could call that a kind of "soft" deflation.  

Or a massive pump due to everyone trying to get masternodes which require 1000 DRK as the interest p.a on a masternode is some silly high rate. Its one of the cleverer pumps I'll give it that.

Add onto that the fact that the vast majority of masternodes are hosted on Amazon Web Services so nicely decentralized and out of prying hands  Roll Eyes

I'm fine with all alts but trying to add DRK on an established global exchange such as Bitfinex should be considered with great caution. I'm sure there are traders who wouldn't want to keep their funds with Fenix anymore as any crypto thats main feature is privacy and anonymity is going to come under the regulatory micrsoscope very quickly.