Quote from: nzminer on June 21, 2014, 02:02:10 AM

Quote from: turtlehurricane on June 21, 2014, 01:54:39 AM

DarkCoin masternodes fail again, price crashes - http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/darkcoin-masternodes-fail-again-price-crashes/

About a month ago DarkCoin attempted to implement masternodes. Masternodes are used to mix DarkCoins, making transactions anonymous. If you own a masternode you get paid a portion of the block reward every time your masternode is selected, which would be quite lucrative over time. This generated a lot of interest from the community, and DarkCoins price soared to 0.028 BTC/DarkCoin. Unfortunately, the implementation of the masternodes failed and resulted in many forks, destabilizing the entire DarkCoin system. DarkCoin was briefly delisted from exchanges and its price crashed below 0.01 BTC/DarkCoin http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/darkcoin-blockchain-forks-resulting-in-price-crash-and-temporary-delisting-from-exchanges/

The DarkCoin development team had been working on a fix for the masternodes, and tried launching masternodes again today. Speculation drove prices up to 0.021 BTC/DarkCoin before the masternode launch. The masternode launch was a failure once again. Forks developed in the DarkCoin blockchain, making it dangerous to send and receive DarkCoin. The developers of DarkCoin were forced to halt masternodes and go back to the original DarkCoin code. https://darkcointalk.org/threads/reverting-rc3-masternode-payments-fork.1458/

The price of DarkCoin crashed 30% after todays failed masternode launch, ending up around 0.015 BTC/DarkCoin. I expect price to continue declining in the short term, since masternodes were the main reason DarkCoins price was rising. It is hard to tell where the bottom will be, and investing in DarkCoin now is a risky decision. DarkCoin is still near the top of a price bubble, and bad news like this may be enough to finally pop the bubble.

Very sensible advice and on the mark.
I feel sorry for those that paid $16 each for them at their all time high!

Anyway, its very risky, and if Evan ever gets it to work, well, the competition will have already caught up...
In fact, i could say that it already has, at least a couple of competitors have a solution that is already working...

Yes, totally different solutions...that don't do anonymity, just do something that sounds like it.
I've reviewed them all, and so have most of us.

All of the others are actually significantly behind.

Kinda annoying that that article above acts like masternodes don't work...since they have for a long while. Just the payments don't work yet....it's not even close to the same thing.

But keep spreading FUD and nonsense. It's what you'll do.