Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
by
shojayxt
on 14/07/2014, 21:34:11 UTC
Sad to see that DRK is going nowhere.

This is small games and speculation still, the real world use hasn't even started yet. That's where the big boys and big money are. Right now people who know what's coming have already secured as large position as they see fit, and don't have any worries. Those who think playing trading games with other small-time crypto speculants is all that will give the coin valuation are those who worry when there is no constant flurry of exciting news to speculate on. DRK is going places.

And, we haven't even been able to market the coin to merchants who appreciate anonymity yet, as Darksend hasn't been finished. The real world usage is still waiting, so we haven't even touched the potential yet. As soon as the 10 DRK send limit is removed, Darkcoin marketing can begin with full force. The ask side on the exchanges is so thin, that any real demand for coins will shoot the price through the roof. Currently we are in a situation where those who anticipate the coming events, have a nice position already, and those who doubt, are in fear of buying - they will rather buy at 0.02 than 0.01 as silly as it sounds.

I still dispute the notion that merchants are going to embrace Darkcoin.

I don't think an IRS or SEC  is going to appreciate the beauty of Darkcoins anonymous transactions.  Both of which businesses are required to submit to audits on demand.  So lets just close that door.  Businesses will never embrace Darkcoin.  It makes a nice soundbite when marketing the coin to potential investors but that's about it.