Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
camosoul
on 13/10/2014, 20:52:41 UTC
DRK to trade and use will become rare and what is rare is .... EXPENSIVE !
Rare and prohibited is even more expensive. Wink

Haha, one major country 'banning' DRK would make every MN op a millionnaire overnight.
My concern is that DRKs will be so rare that the Proof of Service will be nullified and it will become a Proof of Stake in an unused coin...

Such extreme lack of liquidity will make it hard to get in. Even small buys will price themselves out and walk away instead. And that leaves you in a position of not actually providing a service because nobody is using it; Proof of Stake.

Just a concern, not a prediction... I'm not so sure the increase of MN reward share should be done this way. Seems heavy-handed. Certainly, Miners don't need what they're getting... I'm not arguing against that part... Maybe it's a matter of do it now or do it later, you're still doing it, so whatever... May as well do it. It just looks like a pump attempt by killing liquidity in a closed-loop Proof of Service that isn't... Isn't volume low enough already?

"Do not remove fly from friend's forehead with cannon." - Ancient Chinese Secret

It reminds me of the 3% "movement." Everybody waiting to see if someone else makes the first move, nobody ever does anything... Just a bunch of cowards too afraid to be "that guy" talking big...