Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW

The average IT project implementation timeline is 3-5 years

This project is 8 months old, marketing will happen when the team is ready.

Until then, enjoy these low prices, you're not going to see them ever again...

I doubt if an everage user is gonna be ready to wait that long. Considering the price is creeping down day and night.

F**k the average user.
Bitcoin didn't go to 1000 $ because of average users.
It also didn't maintain it's pricelevel around 500$ for the last half year because of average users.

If history repeats itself, the following will happen:
You can now buy darkcoin at insanely low prices.
In 1-2 years you can sell those darkcoins to "average users" for a price - order of magnitudes higher.

The average user is always late to the party.
So.... wait for the party, prepare yourself.
When the "johnny come latelies" arrive, you will have to be here to fullfill their needs...
If you have given up in the meantime, then there will be no party for you! Roll Eyes

Most people who got rich with bitcoin held on to their coins for atleast 1-2 years, before they couldn't resist selling a few at the Nov 2013 spike.
So, that seems to be the behaviour that leads to success. NOT daytrading.

I subscribe to every word. Hold on to your DRK for awhile and everything's gonna be allright.

An average user creates transactions volume, spreads the word about the coin and does many useful things. A currency won't be able to survive long term just by relying on a few loyal (long-sighted) users. If DRK aspires for mass-adoption, the average user should be catered to as well. Also your example of Bitcoin doesn't fit in the current picture. There was no competition back in 2009 hence people interested in digital currencies had no other options than stick to Bitcoin.

+1

It's very tiring to hear the "DRK elite club anthem" being sung so often by so many. There are three rules that are going to ensure DRK is successful:

1. Adoption
2. Adoption
3. Adoption

We need lots and lots of "average users" because it's adoption that will make it fly and fly high.

So georgem, while I can understand some of what you're inferring in relation to committed users in it for the long haul, I think your statement "F**k the average user" is the very epitome of what we DON'T want to do. We want to encourage all manner of people to take an interest in Darkcoin and learn why financial privacy (and eventually online privacy) is fundamental to a free society. We want these average users to be able to explain this to their friends and family. We want average people to become aware of what governments and big business the world over take from them on an hourly basis and how they can use Darkcoin to protect themselves and support financial liberty.

geez cjrist. This is still in development. you dont like the timeline and the drive to have a successful mature and hardened coin then please invest in another coin! This argument has been hashed on here so often that its getting tiresome. Do we look like morons here.... obviously a coin needs adoption by average joe to increase in value and for to have utility... why the hell else would we have a coin to start with. its insulting our intelligence here by stating the obvious.

This coin is IN DEVELOPMENT! Thus adoption is not appropriate at this time yet.... that would be cart before the horse. Those that dont like the timeline... your free to leave the building.

Settle bigrcanada, this is a discussion. I don't for a minute think you're a moron and I'm not trying to insult your intelligence.

Of course it's still in development, I'm not suggesting it isn't. But imagine product development on a horizontal line with extremes at each end as follows:

Product well developed Product highly marketed
robust, hardened but <----------------------------------------------------------------------> rushed into full release
no marketing, little awareness Massive hype & uptake
commercially unsuccessful Lots of problems & failures

What could so easily happen here is DRK ends up too far towards the left hand end of this imaginary line and we're overtaken by other developments out there that are more towards the right hand end, achieve critical mass quicker, albeit with an inferior product that's technically lacking. I've worked in IT for 30 years, seen all manner of software products thought up, planned, developed, released. What happens time and time again to products being marketed by highly technical people who are motivated to get the architecture 100% right is they're overtaken by a competitor that potentially has an inferior product but brings a more pragmatic approach which wins hearts an minds earlier through advanced adoption (and I'm not saying this is DRK or Evan's mindset, just highlighting the danger).

So, excuse me but...

Quote

you dont like the timeline and the drive to have a successful mature and hardened coin then please invest in another coin!

...DOES NOT take into account the commercial realities that there is limited time to make this work and adoption IS everything in this space.

I know all too well the disaster that can happen when technology is pushed out into the marketplace before it's ready. A bug-ridden product with holes all through it can completely sink a project and turn it's name into mud. Likewise a really robust, well built product with a fine architecture can also be just too slow and miss the boat completely and then eventually die because the adoption isn't there. (But alternatively after success is won, a leading product that rests on its laurels and doesn't move forward will get trumped at some point too). All of these potential outcomes are key aspects of a product development strategy and things that must be considered.

All I'm saying is that adoption is the most fundamentally important aspect of this project and I'd rather see a measured approach of finding the best compromise somewhere along that line than potentially being too far down the left hand end and a beautifully developed DRK being irrelevant because it's missed the boat.