Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
Actually no
It's nowhere near enough. Seriously, the coin is technically better than litecoin and if the market was information efficient, should've already replaced litecoin in terms of marketcap. Litecoin's key advantages over Btc were faster transaction times and decentralised mining.
Drk does the same thing plus provides transaction privacy. IMHO (and I know this is controversial and some might hate me for saying this) I think the name is holding back the Drk. If it was called PrivacyCoin, I think the optics would have been much better. More of the media would've got behind it.
Markets don't work like that.
...
However, in crypto, the market prices things in way in advance of them actually happening. So over the last few weeks the market's been anticipating Darksend, anticipating masternode payments, anticipating the new exchange etc. Now there's nothing left to anticipate so it's going to take profits for a while in a kind of orgasmic gush which will flood people's wallets with actual BTC that was only theoretical up till now.
Not only crypto, equity markets work the same way. It's all about future expectations. You see AAPL announce earnings, the price moves a bit, then the guidance comes, and the market moves some more. Then as time passes and more information becomes available, the price moves some more.
The price is the price, but if we're speculating why the price is where it is, there's some risk here. Some cutting edge portions of DRK is not yet open sourced. MNs are not yet working in production. We as investors are shouldering the risk and expect to be compensated when these issues are worked out. If you waited until technology is matured, then you accept less risk for a smaller return. That's just how it is. No one accepts more risk for less return.