Seems there has been new news released by some one els who did an investigation
http://cryptolife.net/darkcoin-the-next-big-thing-or-just-another-pump-and-dump/ < very well worked out article
this chart also looks like a classic bubble * was linked in poloniex
so i looked into drk and its wallet holders and some other thing
and the first thing that i stumbled across was ( drk is heavenly premined )
so i went on to investigate this and stumbled on this forum post ( from the dev themselves )
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/
the key line,s of texst in this post are
When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough,
and
Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation
so it was to easy to mine ( and the block rewards where to high ) and they fixed it after a day HMZ oke
also it was a second launch ( so they where not shy of re launching a coin )
so then i went further in my investigations and looked into the wallets ( http://chainz.cryptoid.info/drk/#!rich ) < drk ritch list
red circled one,s are exchanges what we notice here are 2 wallets holding almost 20% of the total coin supply ( witch are not registered as exchange wallets )
so lets look inside of those wallets
wallet nr 1 over 11% of all coins
what we see here is that coins where send to this wallet ( but never send out @ all )
indicating this is a cold storage ( and prob not from an xchange ) xchange wallets even cold storage tend to have @ least some send coins ( this one only received coins )
wallet nr 2 8% of all coins
same as the nr 1 wallet ( only received coins ) and the coins where never send
those 2 wallets hold roughly 20% of all coins
if u look into other ( coins ) ritch lists ( ltc doge what ever ) u will not find wallets like this @ all
any one care to explain ?
i only am seeking AN EXPLANATION no fud or defending this ) i want a true explanation ONLY
http://cryptolife.net/darkcoin-the-next-big-thing-or-just-another-pump-and-dump/ < very well worked out article
this chart also looks like a classic bubble * was linked in poloniex
so i looked into drk and its wallet holders and some other thing
and the first thing that i stumbled across was ( drk is heavenly premined )
so i went on to investigate this and stumbled on this forum post ( from the dev themselves )
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/
the key line,s of texst in this post are
When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough,
and
Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation
so it was to easy to mine ( and the block rewards where to high ) and they fixed it after a day HMZ oke
also it was a second launch ( so they where not shy of re launching a coin )
so then i went further in my investigations and looked into the wallets ( http://chainz.cryptoid.info/drk/#!rich ) < drk ritch list
red circled one,s are exchanges what we notice here are 2 wallets holding almost 20% of the total coin supply ( witch are not registered as exchange wallets )
so lets look inside of those wallets
wallet nr 1 over 11% of all coins
what we see here is that coins where send to this wallet ( but never send out @ all )
indicating this is a cold storage ( and prob not from an xchange ) xchange wallets even cold storage tend to have @ least some send coins ( this one only received coins )
wallet nr 2 8% of all coins
same as the nr 1 wallet ( only received coins ) and the coins where never send
those 2 wallets hold roughly 20% of all coins
if u look into other ( coins ) ritch lists ( ltc doge what ever ) u will not find wallets like this @ all
any one care to explain ?
i only am seeking AN EXPLANATION no fud or defending this ) i want a true explanation ONLY