bro it was a presale. you guys bought the coins he mined. If you dont understand it like that

It was a fucking 100% premined coin, and the dev sold you the coins at 0 risk to him. This would have been a scam if a) he bailed on the coin and b) he didnt develop the things he developed. So far its not a scam, but to be honest, he did got paid a fuckton of money upfront with only promises, but lets face it fuckers, real truth coming up

you guys didnt buy this coin for the tech, you could give 2 shits about the tech
you guys didnt buy this coin for the future, its a fucking alt, adn except DRK which seems to be pumping miracously everyhting went to the shitter
you guys didnt buy this coin because it was BTCdrak or whoever else

the only reasons you bought this coin and the presale in the beginning were

1) it was the first major IPO done by a respected forum account (hero member, not day 1 coinDev name)
2) It was fucking hyped to shit by every last single fucking breathing organism on twitter (and some robots as well)
3) It was done properly, released properly, no release fuckups, no fuckups with mining, no fucking random shits happening and random fud
4) The developer was NOT part at that time of any pump and dump groups, at launched this looked like the most legit shit that came out of the altcoin cesspool since fucking Dogecoin
5) The developer had concrete plans and a roadmap for delivery, roadmap for delivery is a roadmap to each individual pumps

but the most important reasons why 99% of you bought this coin when it launched was

BECAUSE YOU COULD FUCKING GET RICH QUICKLY IN A FUCKING PONZI SCHEME SITUATION

Now the reasons for buying this coin after it had the 2 pumps are multiple

a) you have this crowd of "this is only a retrace/shakedown/exitbyawhale/etc" it will go back up - here are your bagholders galore, hoping they will manage to sell for breakeven, but as soon as they get to breakeven, they go like, FUCK THIS IS GOING UP EVEN MORE, and buy more and become even higher averaged bagholders
b) you have this crowd of "this is the fucking bottom, my fucking fibbonaci/trendlines/rsi/macd/voodoomagicindicator says so" when in an alt with no volume, all those indicators are fucking shit and worth even less than a dump
c) you have this crowd of "i dont care about the price, i only care about the tech" - this group is an even worse bagholder, since they never crack and never sell their shit
d) you have this crowd of "fuck i need to avg down my position, this will surely rebound and shit" when no fucking altcoin that had a strong PUMP came back (except DRK but those guys are actually doing anon shit and shit)

and then finally you have the guys that fuck it, its below IPO, whats my risk/reward ratio, if it looks good i'll buy, if it doesnt i wont

-------------------

now before you start go asking stupid and repetitive questions think hard about what type of trader you are and look if you didnt fuck up yourself rather than go and blame all your failures because "DRAK DIDNT PUMP THE COIN AN X TIME SO I COUDL EXIT AT PROFIT"

fucking idiots

according to members of the community, yes this is the case.  but don't you find it strange that Drak does not answer, and instead random community members answer on his behalf? 

Let's do some math:

Mastercoin marketcap: 11, 394BTC
Counterparty marketcap: 11,099BTC

Both coins rely on Bitcoin blockchain.


Viacoin's current marketcap: around 1,830BTC (10 million coins)


610BTC for development purposes

Once BTCDrak implements the Clearinghouse protocol, BOOM!

At current price, there's still room for 6x to 10x

I think I will begin buying at about 3k sats

Dude.. you are just GREEDY!
VIA went 10x after ICO, you had a chance to sell them but you wanted make more money and kept them instead. It was your decision, not Drak's problem.

"Outright lie?"

Are you saying that CHECKLOCKTIMEVERIFY is an outright lie?  I must admit not being sufficiently Toddcore to experiment with this new option myself.  But it sounds cool and hella cyber, like something Transformers would do or say or fight about, so I want (at an emotional level) it to be true.

Is nLockTime an outright lie also?  I'll feel silly if it is, for reasons already explained.  But enough of this unprecedented direction towards simple facts around VIA.

If DashcoinDark's instmined had been acquired honestly in the scrupulous manner of VIA's ICO, I might have put a few coins into it.

But it wasn't, and yet, you still heap praise and lavish support on that other project.

This speaks to your credibility, which I must evaluate when you insist I critically re-evaluate Drak's with an eye towards finding fault and dishonor.

I never have enough DigiBytes. But when will I buy all? Stay tuned ... .

http://s7.postimg.org/6tb38qoyj/digibyte.png

I think we should make a new thread:   Digibyte & the shortterm thinkers.
Maybe we should make a movie!  O no!  A serie with 10 episodes.  Digibyte and the shortterm thinkers.   10-20 sat  episode 1    20-30 sat episode 2  30-40 sat episode 3 ! And so on. What do you guys think?   We have enough to talk about in shortterm so why not?

Perhaps - but I hardly think they're a real threat. I mean, if they all had 5+ GPUs, or miner software like mine, there might be an issue, but as-is, one GPU per person running without costs doesn't seem too bad.

Take into account that they likely only have one or two decent cards, though.

I withdrawed my via from bittrex. They are getting a bit scary lately
https://www.cryptocoinsnews.com/bitcoin-exchange-bittrex-will-remove-36-cryptocurrencies-sunday/

I don't see why a lack of transaction reversing in the wallet is a problem. Most reasons for people to reverse a transaction are not because of a flaw in the currency system, it's due to a flaw in human actions.

People have to think of cryptocurrency as cash, not as a credit system.

Think of how you use cash for transactions.

Is there a way to reverse a cash transaction? No, you have to ask the person for the cash back, and it's up to them to give it to you. If they don't, you are basically out of luck. This is not a flaw in the way cash works. If it was, people would have stopped using cash long ago. (Example: You hand someone $20 instead of $10. That's not the fault of the currency.)

If you want someone to provide a service and you pay them ahead of time in cash, you are trusting them to provide that service. If they don't, then you have to ask them for the cash back, or you sue them. There is no way to automatically reverse this transaction. This is a problem with a person trusting a person to do something. This is not a flaw in the way cash works. (Example: You need your car repaired and they ask for $500 before they fix it, but they never fix it. That's not a fault in the cash, that's your fault for paying ahead of time.)

You can reverse a credit card (CC) transaction, but that isn't cash. If there is a fraudulent charge on your credit card, you contact the CC company and they investigate and credit your account. They can't reverse that payment, they have to ask the fraudulent party for the money back or sue them. It's up to the CC company to resolve, or they absorb a loss like this. This is not a currency problem, it's a business problem with the CC company paying without verification. (Example: Company X double-charges your credit card. The credit card company pays Company X. That's not a problem with the currency, that's a problem with the CC company not verifying the charge, and the CC company will pay you back out of their own pocket after investigation.)

This is why people use credit cards. Think of credit cards as a 3rd party acting as a type of consumer protection. This should not be the job of the currency.

About the "Sending to the wrong address" problem - The ability to reverse a transaction is not the problem, verifying the correct address is the problem. If you need to transfer money from your bank account to someone else's bank account, do you blindly send to whatever account number they give you, or do you verify with them first that it is the correct number (you read it back to them or something). This is what crypto needs, some sort of encrypted over-the-internet digital handshake ability for verification before a payment is sent/processed.

Should address verification be part of the wallet? I don't think so. I think it should be a different application that runs in concert with the wallet and has access to your wallet's address book. To me, the wallet is simply that - a wallet in your pocket with cash in it that you can quickly use if you don't need to verify addresses.