Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
illodin
on 29/10/2014, 20:11:44 UTC
I completely agree and I'm not disputing that.

But i disagree with the whole "This is crypto"
Darkcoin is tech. Useful tech tends to be used. If dark is used the price will rise.

Its more risk than a gamble, investing in crypto is a risk. That risk can be managed with a bit of research.

Darkcoin has better tech than most coins and is still in the dumps. The notion that even Dogecoin has 5x daily volume and 3x market cap is rather bewildering to me.

Honestly I would absolutely love DRK to be $100. Would be the easiest money I've ever made and prove that people want to adopt an anonymous currency and take privacy seriously. Every indicator however for the last 6 months has shown the opposite.

Right now I have absolutely zero clue where cryptocurrency is going. Bitcoin has one major advantage in that it has a fuck ton of investment going on to create mass adoption. No other coin has that.

Either way I'm still holding both

Since we are talking about gambling and betting -

if you have zero clue where it's going, then your assessment is that it's 50% - 50% whether it's going to be a success or not. If we assume the price will be $0 in case the success doesn't come, the price would only have to reach $3.44 in case it does to make your bet even money.

You can adjust the percentages according to your view and see if the "bet" is still +EV or not, for example, if you think there's 10% chance of success, the price would have to reach $17.20.