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Showing 13 of 13 results by BelStar
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 29/05/2014, 10:09:23 UTC
Does anyone know what happened to the masternode stats site ? (http://drk.poolhash.org/darksend.html)

Whenever I accessed it during the last few days it almost hung both my browsers.

Have you tried http://drk.poolhash.org/masternode.html ?
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 29/05/2014, 08:22:51 UTC
I think some folks on here should give the swithering and swathering a bit of a break now. The drama levels have got a bit overblown.

This correction could be seen a mile off to anyone monitoring chart technicals. In particular, the twelve hour momentum rollover to the downside was co-inciding with the 4 hour, so that was a kind of mega smoke signal if ever there was one for speculators to take profits.

Nothing to do with masternodes or XC or anything else apart from maybe a bit of a push, so all this flamewaring with other coins is a bit of a waste of energy and people should get back to using this thread for discussing operational issues. If your not day trading the coin then price corrections like this are largely irrelevant anyway - there have already been about 4 of then in the last month where it dipped to half it's value before growing again.

Another reason for keeping your hair on is that this correction is going to last at least till after the weekend and possibly well into next week. The twelve hour has a good 4 or 5 days to go to recover that momentum and the 4 hour isn't doing much else than bouncing up to the neutral level while it waits on a consolidation.

Looking at the volume history, the two big resistance levels look like being at 0.009 and 0.006. So we'll probably take a few dips, bouncing of the first one of those before next week's recovery.

Meanwhile, selling at this moment in time is possibly even riskier than holding. On fundamentals, it got past the turbulence caused by the hardfork and has taken the hit on valuation. The clone competition issue a non-issue. I don't think that did any more than slightly amplify the correction. It's not my policy to be critical of other coins - they are all viable projects in my opinion and I even have a stake in some of DRK's contemporaries.

However it's a fact that clones (I use that term loosely, meaning coins in the same technical 'sector' that are not originals in that sector) never get near the valuation of the original apart from temporarily. Witness LTC vs (All other SCRYPTS), Blackcoin vs CINNI, PPC, BTC itself etc. The market needs a damn good reason do disinvest itself of millions in market cap and throw it all at another coin. Different technical approach / dev / community are not nearly enough as long as the original is doing its job.

I was on holiday when I saw the dump on the cards about 6 hours prior to it commencing. But I couldn't be bothered doing anything about it because - hey, a person's got to have a life and I'd have had to have stopped relaxing, get my laptop out, charts, start worrying about liquidity and where to get in / out.

Sod that.

You people need to stop peeing your panties over price corrections and getting into hate mail fests with holders of other coins. Also, don't hate on day traders who decide to dump. That's their job - to keep the market 'clean'. They will dump at the end of chart cycles of moving averages. Even a robot can do it. Don't worry, they won't dump past the core valuation of the coin and it'll soon come back up while there's work in progress going on.

Get back to constructively contributing to the coin's technical evolution. Stop worrying about competition - it will sort itself out and nobody's going to run off with all the value in your precious asset. Have some confidence ffs. It takes a lot more than is currently on offer to knock an original off its stride. But at the same time, this is not tribal warfare. All these projects should be seen as constructive and complimentary, so start treating people with respect even if they don't reciprocate. You'll be rewarded a hundred times over because bad vibes are negative PR and 'noobs' can read. If you really need to attack someone, use the humour approach (there are some well qualified posters on here Smiley  ).

Sometimes legitimate critisisms are made dressed up in flamewar camouflage. Just answer it politely - or even accept the point. Defensive rhetoric just looks like you've got something to hide.

That's today's wee rant over. Enjoy your bacon & eggs.


That's an excellent post.  Glad to have some level-headed community members like you on board!
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 28/05/2014, 10:32:37 UTC
In my opinion, DRK is currently being played by whales and day traders.

Modus operandi:

* Wait for DRK to reach 0.0140-0.0150
* Buy everything up to 0.0160
* Set a buy wall anywhere between 0.0150 and 0.0160 to pump up the price (100 BTC buy wall is a good bet)
* Wait for DRK to reach 0.0180
* Retract buy wall and dump

* Rinse & repeat
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 27/05/2014, 00:47:02 UTC
Is there an issue with the blockchain explorer?

http://explorer.darkcoin.io/chain/DarkCoin

Code:
Service Unavailable

The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later.
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 19/05/2014, 20:22:08 UTC
Can someone summarize how the remote/local masternode setup is affected by the last changes? Where do private keys need to be generated and where do they need to be included in the config file?

Also, can the local wallet be put in cold storage after starting the masternode?

Thanks!


Here you go:

LOCAL/REMOTE MASTERNODE SETUP WITH COLD WALLET UNDER THE LAST UPDATE

I would like to report that I was able to update and run my masternodes, using the local/remote wallet setup. The process was the same, but you need to remember that the local wallet is also going to need its own masternodeprivkey=[output from genkey]. So once you have the server side ready. On your local wallet darkcoin.conf change masternode=1, to 0. Get the masternode privkey, add it to the darkcoin.conf and change back to masternode=1. After that, follow the same process we used before to start the masternode remotely. From humanitee:

Start darkcoind on the remote machine.
On your local machine, send 1000 DRK to a newly generated wallet. Send it to the 0th address. If you use darkcoin-qt version to make your wallets, send it to the first (and only if it was newly generated) address.
On your local machine specify the server IP at launch with:
./darkcoind -masternodeaddr=YOUR_SERVER_IP:9999
Unlock your local machine's newly generated 1000 DRK wallet with your passphrase, ## is the time in seconds before the wallet will be once again locked:

 ./darkcoind walletpassphrase 'your wallet passphrase here' ##

On your local machine,

./darkcoind masternode start

For the above to work your local wallet must already have its own privkey on the darkcoin.conf (this key is different from the server one). I hope this helps.

Thanks! Are you sure you are not supposed to use the same privkey locally and remotely as described by TanteStefana on darkcointalk?   Also, are you sure closing the local wallet does not stop the the remote one rendering the masternode useless?

Thanks again for your help!
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 19/05/2014, 19:37:37 UTC
Can someone summarize how the remote/local masternode setup is affected by the last changes? Where do private keys need to be generated and where do they need to be included in the config file?

Also, can the local wallet be put in cold storage after starting the masternode?

Thanks!
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Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 15/05/2014, 14:39:51 UTC
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 11/05/2014, 15:19:25 UTC

If I just created a masternode with that guide, do I have the most recent version then?

Yes, use the above version, as it was just posted by Evan today as a bug fix, and the guide should be the same.

Both of you should make sure you do this with a remote wallet so you can keep your coins safely in "cold storage" (save the .dat file with the coins in it on a jump drive off line.  Keep it safe!)

I havn't tried masternodeaddr yet.
People are using masternodeaddr for "cold storage".

As far as I know, Evan said both need to be online. At least for now.

Is there any changes ?

Evan,

Can you confirm the local wallet can be offline in this configuration?  It seems to work on testnet but it would be good to have your confirmation!

Thanks.
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 05/05/2014, 11:10:16 UTC
Looks like the Wired.com article has been posted...

http://www.wired.com/2014/05/bitcoin-anonymous-projects/

The new logo looks good in the media  Wink

First thing I did is to click on the Darkcoin hyperlink in the article and the website is updated!!  Excellent work: http://www.darkcoin.io/
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
BelStar
on 26/04/2014, 09:31:26 UTC
Quite a lot of copy has been written for a new website (http://darkcoin.us/io). It's good stuff but perhaps a little wordy. I was thinking of having a go at editing/rewriting it this weekend. I'm the one who wrote the recent media release.

Thanks for that, by the way.  Great job on the PR!
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scryp
by
BelStar
on 10/03/2014, 11:46:36 UTC
Official fundraiser for Darkcoin marketing & branding

Since Darkcoin was 0% premined, we will be doing this the old fashioned way, with a fundraiser. Many people in the community have expressed an interest in pushing our marketing effort along. We wanted to make sure the time was right, while Evan sorted out the kinks in the Darksend code. But we are nearly ready to show Darkcoin and Darksend to the world, so let's get this moving.

I will release a list of bounties for marketing & branding in the next day or so when I have a bit of spare time. For now, you may donate to the official fundraising wallet (anonymously if you like!). You can also PM me with your donation details and I'll keep some accounting, if only for the sake of making sure your donation is accounted for and spent appropriately.

As always, you are a fantastic community and we appreciate your support!

Fundraising wallet: Xc8xGSP7FwWGPQpgw298z7NYdA8xJK8ooh

Sent 50 DRK.

Tx: 25f9a798ce7f842c04efbd338caba130949fb407eceb0181ce7593c8ac559b3e
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Board Announcements (Altcoins)
Re: Which alt coin you think should be added to markets most?
by
BelStar
on 06/03/2014, 20:33:27 UTC

Update 2014.03.07

I have learned about BlackCoin and DarkCoin. But it seems that both of them mining a bit too fast. I am a bit afraid on this.


Could you mean by this?  Darkcoin is one of the few coins with genuine innovation, here is an explanation for how it works:

http://razorsforex.blogspot.co.uk/2014/02/darkcoin-anonymous-cryptocurrency.html

It deserves a place on BTC38 not only because it is popular and high volume trade (see it's high trade volume on cryptsy) but also because there is real development going on there.  There's no problem with the Darkcoin mining rate.  It has a solid supporter base and has kept a relatively stable price compared to many other coins.  

Also an announcement about Darkcoin beta testing phrase made it to the 'hot' section in r/bitcoin:
http://www.reddit.com/r/Bitcoin/comments/1zde2w/darksend_beta_is_live_now_drk_darkcoin_the_worlds/

This demonstrates a high level of acceptance of darkcoin's usefulness by bitcoiners, indicating it is a respectable coin and worth adding.  I'm sure Darkcoin will be one of the highest volume coins traded on btc38.

Smiley

Edit:
Also Darkcoin is DRK, could you please correct this in the poll.

+1

Excellent summary by matt608!  The drive of Darkcoin's developer is a major factor of the community's support.
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Board Securities
Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share
by
BelStar
on 06/03/2014, 20:08:28 UTC
Cryptx, thanks for this important news.  Please keep the information flowing!