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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency (Read 9724798 times)

lucas2047

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:13:39 PM

#75841

Quote from: stonehedge on January 13, 2015, 10:45:51 AM

lol, and still somehow DRK "holds" against the BTC. Painful times but I'm feeling a touch of relief too.

DRK still holds? What are you talking about?

DRK is down 15% in the last 24 hours. It's now worth less than $1.50 per coin. And what's worse it's daily trading volume is just $60,000.

So the entire currency can lose 15% with just 60 grand of trading.

Awesome.

OnetyOne

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:20:40 PM

#75842

Quote from: lucas2047 on January 13, 2015, 12:13:39 PM

Quote from: stonehedge on January 13, 2015, 10:45:51 AM

lol, and still somehow DRK "holds" against the BTC. Painful times but I'm feeling a touch of relief too.

And I'm just sitting here, watching exchange rates be the same. WHY did no one tell me I should only look at the dollars? Roll Eyes

In all seriousness tho, the DRK/Dollar is down the same as BTC/Dollar is down. The exchange rate is rocking steady around .006 for a month already so what are you complaining about?

stonehedge

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:22:44 PM

#75843

Quote from: lucas2047 on January 13, 2015, 12:13:39 PM

Quote from: stonehedge on January 13, 2015, 10:45:51 AM

lol, and still somehow DRK "holds" against the BTC. Painful times but I'm feeling a touch of relief too.

What I stated is quite correct.

lucas2047

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:25:32 PM

#75844

Quote from: OnetyOne on January 13, 2015, 12:20:40 PM

And I'm just sitting here, watching exchange rates be the same. WHY did no one tell me I should only look at the dollars? Roll Eyes

In all seriousness tho, the DRK/Dollar is down the same as BTC/Dollar is down. The exchange rate is rocking steady for a month already so what are you complaining about?

All crypto currency is down heavily. I wasn't complaining specifically about DRK, everyone is getting hit.

What's slightly annoying is the sheer amount of dillusion seen on these forums when it comes to DRK. People think it's untouchable and it's obviously not.

I'm a holder of BTC and I'm a holder of DRK. Both right now are extremely shitty investments, regardless of what anyone on here will try to tell you

lucas2047

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:27:42 PM

#75845

Quote from: stonehedge on January 13, 2015, 12:22:44 PM

What I stated is quite correct.

And has very little (if any) relevance to most.

If BTC becomes $100 per coin and DRK still "holds" against it, are you telling me that's a good thing? What about $10 or $1?

KryptoFoo

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:27:45 PM

#75846

Quote from: lucas2047 on January 13, 2015, 12:13:39 PM

Quote from: stonehedge on January 13, 2015, 10:45:51 AM

lol, and still somehow DRK "holds" against the BTC. Painful times but I'm feeling a touch of relief too.

DRK's losses today are due to decline of BTC/USD pair. The DRK/BTC pair still hold up well though.

stonehedge

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:29:00 PM

#75847

Quote from: lucas2047 on January 13, 2015, 12:25:32 PM

Quote from: OnetyOne on January 13, 2015, 12:20:40 PM

And I'm just sitting here, watching exchange rates be the same. WHY did no one tell me I should only look at the dollars? Roll Eyes

In all seriousness tho, the DRK/Dollar is down the same as BTC/Dollar is down. The exchange rate is rocking steady for a month already so what are you complaining about?

I simply remarked that I was surprised that DRK was retaining value against the BTC (irrespective of the $ value of the BTC) and that this is painful to watch.

I don't think that is delusional. I haven't seen anybody else post anything delusional either. Stating that BTC/DRK is steady is not delusional.

KryptoFoo

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:29:43 PM

#75848

Quote from: lucas2047 on January 13, 2015, 12:27:42 PM

Quote from: stonehedge on January 13, 2015, 12:22:44 PM

What I stated is quite correct.

And has very little, if any, relevance to most.

If BTC becomes $100 per coin and DRK still "holds" against it, are you telling me that's a good thing? What about $10 or $1?

Unfortunately the idea that altcoin/bitcoin pairs will rise when bitcoin falls and vice-versa is nothing more than a fallacy. When BTC loses, altcoins lose. Yes, sucks.

stonehedge

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:30:24 PM

#75849

Quote from: KryptoFoo on January 13, 2015, 12:29:43 PM

Quote from: lucas2047 on January 13, 2015, 12:27:42 PM

Quote from: stonehedge on January 13, 2015, 12:22:44 PM

What I stated is quite correct.

And has very little, if any, relevance to most.

If BTC becomes $100 per coin and DRK still "holds" against it, are you telling me that's a good thing? What about $10 or $1?

Unfortunately the idea that altcoin/bitcoin pairs will rise when bitcoin falls and vice-versa is nothing more than a fallacy. When BTC loses, altcoins lose. Yes, sucks.

Hence why this is painful to watch.

Honest Tim

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:36:43 PM

#75850

Quote from: illodin on November 03, 2014, 12:39:30 PM

Quote from: Terzo2 on November 03, 2014, 12:37:53 PM

I hope there are no whales left .
The bears and whales are raping the bitcoin users . In other words, All of You are getting buttfOcked .

Where can I subscribe to your newsletter?

BUMP!!

OnetyOne

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:38:39 PM

#75851

Quote from: stonehedge on January 13, 2015, 12:30:24 PM

Quote from: KryptoFoo on January 13, 2015, 12:29:43 PM

Quote from: lucas2047 on January 13, 2015, 12:27:42 PM

Quote from: stonehedge on January 13, 2015, 12:22:44 PM

What I stated is quite correct.

And has very little, if any, relevance to most.

If BTC becomes $100 per coin and DRK still "holds" against it, are you telling me that's a good thing? What about $10 or $1?

Unfortunately the idea that altcoin/bitcoin pairs will rise when bitcoin falls and vice-versa is nothing more than a fallacy. When BTC loses, altcoins lose. Yes, sucks.

Hence why this is painful to watch.

Can't be unseen but (to keep the mind at ease) I try to to focus on profit in terms of coin quantity by exchanging back/forth.

PS: your buy order @.006? Grin

lucas2047

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:43:41 PM

#75852

Quote from: stonehedge on January 13, 2015, 12:29:00 PM

Obviously I'm missing something here.

If BTC goes down (compared to the $) and DRK goes down (compared to the $), then the DRK/BTC rate will remain the same. It would never go up significantly (or down significantly), because that would fuck up the dollar comparison and people could make a ton of money buying and selling at will.

So really the whole BTC/DRK comparison is pretty meaningless. What really matters in today's World is BTC/USD and DRK/USD. Both of which are falling dramatically

toknormal

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:46:27 PM

#75853

Quote from: lucas2047 on January 13, 2015, 12:27:42 PM

And has very little (if any) relevance to most.

If BTC becomes $100 per coin and DRK still "holds" against it, are you telling me that's a good thing? What about $10 or $1?

Maybe he isn't but I'm telling you it's a "good thing".

I always monitor the DRK BTC ratio and regard the DRK dollar price as irrelevant. If you want to day trade against the dollar use Bitcoin or Litecoin because those are the side of crypto that faces towards the fiat markets.

The only reason DRK has a dollar price is because Bitcoin does, so the only indicator that actually tells you how DRK is doing valuation wise is the DRK/BTC ratio.

toknormal

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:47:16 PM

#75854

Quote from: lucas2047 on January 13, 2015, 12:43:41 PM

So really the whole BTC/DRK comparison is pretty meaningless. What really matters in today's World is BTC/USD and DRK/USD. Both of which are falling dramatically

This is nonsense.

stonehedge

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:51:32 PM

#75855

Quote from: lucas2047 on January 13, 2015, 12:43:41 PM

Quote from: stonehedge on January 13, 2015, 12:29:00 PM

Re read my posts and you will see that you are missing that at no point did I say that DRK/BTC parity is a good thing or a bad thing. I remarked that I was surprised that it was steady but it is painful to watch the decline in BTC value. I didn't even really express a positive or negative opinion other than hinting by saying it is painful to watch.

I would however counter your argument about BTC/DRK being meaningless on the basis that there isn't really a thriving DRK/USD market so the BTC/DRK pair is about as meaningful as it can get!

lucas2047

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:52:25 PM

#75856

Quote from: toknormal on January 13, 2015, 12:46:27 PM

I always monitor the DRK BTC ratio and regard the DRK dollar price as irrelevant.

This makes no sense to me at all.

Surely the DRK/BTC price will keep the same ratio as the BTC/USD price in relation to the DRK/USD price.

Meaning you wouldn't get BTC/USD and DRK/USD dropping and DRK/BTC rising. They are all in sync with one another.

Otherwise you'd be able to a ton of cash trading the differences, which I'm assuming isn't possible.

So essentially monitoring the DRK/BTC price is the same as monitoring the USD ratio equivalent

stonehedge

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:53:02 PM

#75857

Quote from: OnetyOne on January 13, 2015, 12:38:39 PM

PS: your buy order @.006? Grin

Unfortunately not. Couldn't get BTC to Cryptsy in time.

stonehedge

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:53:33 PM

#75858

Quote from: lucas2047 on January 13, 2015, 12:52:25 PM

Quote from: toknormal on January 13, 2015, 12:46:27 PM

I always monitor the DRK BTC ratio and regard the DRK dollar price as irrelevant.

Are you arguing with yourself?

lucas2047

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 12:59:45 PM

#75859

Quote from: stonehedge on January 13, 2015, 12:53:33 PM

Are you arguing with yourself?

No?

Suprised I've not been called a troll yet though (or placed on ignore) for dare questioning the almighty DRK!

I simply do not understand why monitoring the DRK/BTC price makes any sense. To me it's the same as monitor the USD equivalents. They are all based around that at the end of the day

Terzo2

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Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX

January 13, 2015, 01:01:53 PM

#75860

Its just too painful to watch ! RIP crypto

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