Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
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thelonecrouton
on 14/10/2014, 14:36:42 UTC
Quote from: GhostPlayer on October 14, 2014, 02:24:54 PM
Quote from: thelonecrouton on October 14, 2014, 02:19:14 PM
Quote from: RenegadeMan on October 14, 2014, 01:39:45 PM
The essence of what I'm interested in is the pathway DRK needs to travel to see dramatically improved liquidity, to the point where large amounts of fiat can be converted without it causing massive spikes in the price.


That is only going to come with increased market cap and adoption as a currency. Real use needs to greatly outweigh speculation. Not something that's going to happen overnight, and not something that's happened with BTC yet either. These are very early days, even for BTC, the current market cap of which is still corporate small change.

Dude that is exactly what I argued a few days ago and you refuted. Maybe I missed the tail of the conversation. But in the crypto world with 8 decimal points of divisibility, liquidity is factor of market-cap, second merchant adoption.

Now dont get me wrong. One thing is liquidity pure and simple, then there is coin health. Merchant adoption is a "must" for the coin to survive long term, unless DRK turns out to be a brand new "thing" in itself, with the future of MN's in mind.

My argument a few days back was, IIRC, that what most people call liquidity != stability, and neither have anything to do with the number of integer coins in circulation. Anyway, glad we have hopefully come to agree on something. Smiley

Adoption is everything, and that happening or not will have almost nothing to do with the block reward split or any other technical matter that 99.99999% of the potential user base just don't care about.

Fast, easy, cheap, secure and private are all great selling points.

Nobody gives a damn about infrastructure reward allocation.