Dead cat bounce complete.

All European markets now back red.

Spain at rockbottom and digging.

Ambrose Evans Pritchard says it was supposed to be a "gentle tap on the brakes" by the monetary superpowers but they've over done it.

http://www.telegraph.co.uk/finance/economics/11165982/World-economy-so-damaged-it-may-need-permanent-QE.html

Says Darkcoin rapidly turning into a "save haven" for refugee investors from over inflated stocks.

Says reason for Darkcoin's hitherto quiet market was due to "silent majority" waiting for appropriate profit-take exit window towards end of Fed QE.

Says Darkcoin and Bitcoin will move towards each other since Winklevoss contract opening price $200 is well below current market value for the blockchain "physical" while new DRK developments not yet priced in.

Says that 2015 will see further polarisation between fiat markets and commodities and that crypto increasingly being grouped with commodities.

Says that the fact that Darkcoin represents unlevered base money while at the same time supporting privacy properties that refugees from fiat are looking for will further propel Darkcoin's marketcap towards that of Bitcoin.

Says that disparate cultural perspectives on privacy between northern and southern European countries will further propel Darkcoin's marketcap since Debt/GDP ratios and prospective spiking bond yields happen to co-incide with the candidate bail-in countries, setting up "perfect storm" conditions for a stampede into crypto and in particular, anonymous crypto

Says that we already saw the precedent for this in Greece, then Cyprus, then Spain last year and that was the trigger for the 2013 revaluation from double to triple figures.

Cryptos better brace themselves because we're about to have an entire planet to support!  And we're hardly ready!

Once I've got my optimised gpu miner project up and running I'm going to try to co-ordinate a feasibility assessment into using the Masternode Network as infrastructure for a decentralised exchange.  Enough is enough, these conmen are scaring new business away and destroying everything we are trying to build...

Blockafett, you're a good PM, lets forget about doing our own coin and work on a decentralised exchange... I think Atef could help us out a lot with this one, I'll message you on Skype later...

Well, we're living with a trusted system now.  We need a decentralized, untrusted solution.  One that doesn't require trust to stay honest, via a blockchain.

Or you're playing with words, as the above system would be trustable

**************************** Get the Details Here !!!!! ******************************************

http://www.telegraph.co.uk/finance/economics/11165982/World-economy-so-damaged-it-may-need-permanent-QE.html

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Yes, I definitly hope Ingition75 can get things started on this!
I quoted because it said untrusted instead of trusted

So what's the difference between untrusted and trustless?

   OK 

I don't think it's yet been decided what they are.

Your right that when seen in the context of a stock they're risk assets but the precedents of Cyprus, Argentina and Spain say that they are also seen as an escape route in a bank run. That's because crypto has one thing that classical "stock" doesn't have - it can function as a realtime monetary medium, plus one property that classical money doesn't have - it's unlevered base money as opposed to highly levered debt money.

We've never been in this situation before which is why trying to project legacy asset categories onto cryptocurrencies is only ever going to tell half the story I think.

P.S. Greece is back. Bond yields spiking at the same time as their Debt-to-GDP ratio. We're back to 2011 territory. The troika will have to dust themselves off and start creating some new "rescue vehicles". What's it going to be this time I wonder ? Default is usually not on the cards at any cost.