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FreedomLives



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NewbieActivity: 44Merit: 0 Re: [ANN][DRK] DarkCoin | DarkSend (exciting new feature) | KGW | No Premine March 03, 2014, 10:10:20 AM #6211 Quote from: anonymousxx1503 on February 27, 2014, 03:51:49 AM Quote from: ThePatient on February 27, 2014, 03:16:46 AM is now a good time to buy? Haven't really followed anything dark related



It's a great time to buy. DarkCoin is not a hype and pump/dump coin. It has attracted attention through actual value by means of the soon-to-be-beta (actually-in-alpha) DarkSend functionality (in addition to 11 different hashing algorithms which make it ASIC resitant, Kimoto Gravity Well (KGW) which makes it safe from multipools for example and adjusts difficulty every block and a great professional developer). This new feature will allow you to send coins anonymously directly from the wallet without passing by TOR (darkweb) or through a mixing service which requires trust in the operator of said service and also involve fees (2%). It is a trustless solution straight from the wallet and it will be the first coin to achieve such a feat. It experienced natural growth, going from around 0.00005 BTC when first hitting markets to 0.0025 BTC without any kind of useless hype (e.g. Maxcoin).



If you look at the price now though, it is quite a bit lower, ranging from 0.001 to 0.0014 depending on the market. What happened? One of the exchanges on which DRK trades (C-CEX) had a malfunction/hack which allowed a user to gain access to hundreds of BTC for free, which he couldn't cash out. He figured out that by buying DarkCoin, he could then transfer it out of the exchange easily, this caused a huge spike in buys since he put in around 300 BTC worth and bought up all DarkCoins up until 0.0075 BTC or 7.5 millibits. He then proceeded to transfer all those coins to another exchange (Poloniex) and started dumping as much as possible, as quickly as possible, with no regard for price. This caused a chain reaction which lasted for around 4 days. At first the coin recovered admirably to the dumps, staying very close to its regular price after a few dumps. After two days though, the price couldn't hold up anymore and we suspect that a lot of very early adopters started getting scared and began dumping as well.



Through some investigation and through a mixture of guilt, the "hacker" (who claims he actually isn't a hacker and the BTC simply appeared due to a mistake), came back and contacted the right people to start giving back the BTC he had taken from the exchange, since a lot of other people were affected and had their funds frozen. Of course he had lost a lot of value by filling very cheap buy orders for DRK so he can't possibly give it all back but the important thing is the dumps are stopped now and the coin has stabilized again. It has found solid ground and is starting to rise again. This rise will be fueled by the 3rd DarkSend alpha test which is happening tomorrow and after that, the developer (eduffield) has said that the beta will come soon as the code is very solid.



You have a unique chance right now to buy into a coin which really isn't supposed to be available at these prices anymore due to its real value. Only reason it's low right now is because of the situation I explained above. It belongs on the top of the charts as much as other coins with added functionality such as Peercoin/Namecoin for example. It's not a simple clone like 99% of other coins and it's here to stay.



TL;DR - Great time to buy

It's atime to buy. DarkCoin is not a hype and pump/dump coin. It has attracted attention through actual value by means of the soon-to-be-beta (actually-in-alpha)functionality (in addition to 11 different hashing algorithms which make it ASIC resitant, Kimoto Gravity Well (KGW) which makes it safe from multipools for example and adjusts difficulty every block and a great professional developer). This new feature will allow you to send coins anonymouslywithout passing by TOR (darkweb) or through a mixing service which requires trust in the operator of said service and also involve fees (2%). It is aand it will be the first coin to achieve such a feat. It experienced natural growth, going from around 0.00005 BTC when first hitting markets to 0.0025 BTC without any kind of useless hype (e.g. Maxcoin).If you look at the price now though, it is quite a bit lower, ranging from 0.001 to 0.0014 depending on the market.One of the exchanges on which DRK trades (C-CEX) had a malfunction/hack which allowed a user to gain access to hundreds of BTC for free, which he couldn't cash out. He figured out that by buying DarkCoin, he could then transfer it out of the exchange easily, this caused a huge spike in buys since he put in around 300 BTC worth and bought up all DarkCoins up untilor 7.5 millibits. He then proceeded to transfer all those coins to another exchange (Poloniex) andThis caused a chain reaction which lasted for around 4 days. At first the coin recovered admirably to the dumps, staying very close to its regular price after a few dumps. After two days though, the price couldn't hold up anymore and we suspect that a lot of very early adopters started getting scared and began dumping as well.Through some investigation and through a mixture of guilt, the "hacker" (who claims he actually isn't a hacker and the BTC simply appeared due to a mistake), came back and contacted the right people to start giving back the BTC he had taken from the exchange, since a lot of other people were affected and had their funds frozen. Of course he had lost a lot of value by filling very cheap buy orders for DRK so he can't possibly give it all back but the important thing is the dumps are stopped now and the coin has stabilized again. It has found solid ground and is starting to rise again. This rise will be fueled by the 3rd DarkSend alpha test which is happening tomorrow and after that, the developer (eduffield) has said that the beta will come soon as the code is very solid.You haveright now to buy into a coin which really isn't supposed to be available at these prices anymore due to its real value. Only reason it's low right now is because of the situation I explained above. It belongs on the top of the charts as much as other coins with added functionality such as Peercoin/Namecoin for example.like 99% of other coins and it's here to stay.

Can someone explain some basic things to me:



First, source to above story?



Second, how can someone randomly/ accidentally get BTC in their account/ wallet?



Third, how could it be hard to transfer them out?? Its bitcoin! This is something I've never understood. When I hear stories like "You can't cash out BTC from {Exchange}, I'm always like WTF? Cant you just send to an address. Sure, confirmations can take time, and there can be other delays, buy when are BTC impossible to move? Once you own them, isn't it irreversible?



Thanks,



n00b :-)

Can someone explain some basic things to me:First, source to above story?Second, how can someone randomly/ accidentally get BTC in their account/ wallet?Third, how could it be hard to transfer them out?? Its bitcoin! This is something I've never understood. When I hear stories like "You can't cash out BTC from {Exchange}, I'm always like WTF? Cant you just send to an address. Sure, confirmations can take time, and there can be other delays, buy when are BTC impossible to move? Once you own them, isn't it irreversible?Thanks,n00b :-)

Jungian



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LegendaryActivity: 925Merit: 1000 Re: [ANN][DRK] DarkCoin | DarkSend (exciting new feature) | KGW | No Premine March 03, 2014, 10:14:25 AM #6212 Quote from: FreedomLives on March 03, 2014, 10:10:20 AM Quote from: anonymousxx1503 on February 27, 2014, 03:51:49 AM Quote from: ThePatient on February 27, 2014, 03:16:46 AM is now a good time to buy? Haven't really followed anything dark related



It's a great time to buy. DarkCoin is not a hype and pump/dump coin. It has attracted attention through actual value by means of the soon-to-be-beta (actually-in-alpha) DarkSend functionality (in addition to 11 different hashing algorithms which make it ASIC resitant, Kimoto Gravity Well (KGW) which makes it safe from multipools for example and adjusts difficulty every block and a great professional developer). This new feature will allow you to send coins anonymously directly from the wallet without passing by TOR (darkweb) or through a mixing service which requires trust in the operator of said service and also involve fees (2%). It is a trustless solution straight from the wallet and it will be the first coin to achieve such a feat. It experienced natural growth, going from around 0.00005 BTC when first hitting markets to 0.0025 BTC without any kind of useless hype (e.g. Maxcoin).



If you look at the price now though, it is quite a bit lower, ranging from 0.001 to 0.0014 depending on the market. What happened? One of the exchanges on which DRK trades (C-CEX) had a malfunction/hack which allowed a user to gain access to hundreds of BTC for free, which he couldn't cash out. He figured out that by buying DarkCoin, he could then transfer it out of the exchange easily, this caused a huge spike in buys since he put in around 300 BTC worth and bought up all DarkCoins up until 0.0075 BTC or 7.5 millibits. He then proceeded to transfer all those coins to another exchange (Poloniex) and started dumping as much as possible, as quickly as possible, with no regard for price. This caused a chain reaction which lasted for around 4 days. At first the coin recovered admirably to the dumps, staying very close to its regular price after a few dumps. After two days though, the price couldn't hold up anymore and we suspect that a lot of very early adopters started getting scared and began dumping as well.



Through some investigation and through a mixture of guilt, the "hacker" (who claims he actually isn't a hacker and the BTC simply appeared due to a mistake), came back and contacted the right people to start giving back the BTC he had taken from the exchange, since a lot of other people were affected and had their funds frozen. Of course he had lost a lot of value by filling very cheap buy orders for DRK so he can't possibly give it all back but the important thing is the dumps are stopped now and the coin has stabilized again. It has found solid ground and is starting to rise again. This rise will be fueled by the 3rd DarkSend alpha test which is happening tomorrow and after that, the developer (eduffield) has said that the beta will come soon as the code is very solid.



You have a unique chance right now to buy into a coin which really isn't supposed to be available at these prices anymore due to its real value. Only reason it's low right now is because of the situation I explained above. It belongs on the top of the charts as much as other coins with added functionality such as Peercoin/Namecoin for example. It's not a simple clone like 99% of other coins and it's here to stay.



TL;DR - Great time to buy

It's atime to buy. DarkCoin is not a hype and pump/dump coin. It has attracted attention through actual value by means of the soon-to-be-beta (actually-in-alpha)functionality (in addition to 11 different hashing algorithms which make it ASIC resitant, Kimoto Gravity Well (KGW) which makes it safe from multipools for example and adjusts difficulty every block and a great professional developer). This new feature will allow you to send coins anonymouslywithout passing by TOR (darkweb) or through a mixing service which requires trust in the operator of said service and also involve fees (2%). It is aand it will be the first coin to achieve such a feat. It experienced natural growth, going from around 0.00005 BTC when first hitting markets to 0.0025 BTC without any kind of useless hype (e.g. Maxcoin).If you look at the price now though, it is quite a bit lower, ranging from 0.001 to 0.0014 depending on the market.One of the exchanges on which DRK trades (C-CEX) had a malfunction/hack which allowed a user to gain access to hundreds of BTC for free, which he couldn't cash out. He figured out that by buying DarkCoin, he could then transfer it out of the exchange easily, this caused a huge spike in buys since he put in around 300 BTC worth and bought up all DarkCoins up untilor 7.5 millibits. He then proceeded to transfer all those coins to another exchange (Poloniex) andThis caused a chain reaction which lasted for around 4 days. At first the coin recovered admirably to the dumps, staying very close to its regular price after a few dumps. After two days though, the price couldn't hold up anymore and we suspect that a lot of very early adopters started getting scared and began dumping as well.Through some investigation and through a mixture of guilt, the "hacker" (who claims he actually isn't a hacker and the BTC simply appeared due to a mistake), came back and contacted the right people to start giving back the BTC he had taken from the exchange, since a lot of other people were affected and had their funds frozen. Of course he had lost a lot of value by filling very cheap buy orders for DRK so he can't possibly give it all back but the important thing is the dumps are stopped now and the coin has stabilized again. It has found solid ground and is starting to rise again. This rise will be fueled by the 3rd DarkSend alpha test which is happening tomorrow and after that, the developer (eduffield) has said that the beta will come soon as the code is very solid.You haveright now to buy into a coin which really isn't supposed to be available at these prices anymore due to its real value. Only reason it's low right now is because of the situation I explained above. It belongs on the top of the charts as much as other coins with added functionality such as Peercoin/Namecoin for example.like 99% of other coins and it's here to stay.

Can someone explain some basic things to me:



First, source to above story?



Second, how can someone randomly/ accidentally get BTC in their account/ wallet?



Third, how could it be hard to transfer them out?? Its bitcoin! This is something I've never understood. When I hear stories like "You can't cash out BTC from {Exchange}, I'm always like WTF? Cant you just send to an address. Sure, confirmations can take time, and there can be other delays, buy when are BTC impossible to move? Once you own them, isn't it irreversible?



Thanks,



n00b :-)



Can someone explain some basic things to me:First, source to above story?Second, how can someone randomly/ accidentally get BTC in their account/ wallet?Third, how could it be hard to transfer them out?? Its bitcoin! This is something I've never understood. When I hear stories like "You can't cash out BTC from {Exchange}, I'm always like WTF? Cant you just send to an address. Sure, confirmations can take time, and there can be other delays, buy when are BTC impossible to move? Once you own them, isn't it irreversible?Thanks,n00b :-)

You only own them if you have them on an address where you own the private key. If you put them on another site, like an exchange, you give up ownership to the site holder. It's no longer in an adress you control. Then you have no more control over the money than if you put it in a regular bank or something like that. You only own them if you have them on an address where you own the private key. If you put them on another site, like an exchange, you give up ownership to the site holder. It's no longer in an adress you control. Then you have no more control over the money than if you put it in a regular bank or something like that.

https://moneroeconomy.com/faq/why-monero-matters I think Monero (XMR) is very interesting.

FreedomLives



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NewbieActivity: 44Merit: 0 Re: [ANN][DRK] DarkCoin | First Anonymous Coin (DarkSend) | No Premine | Runs 30% cooler than scrypt March 03, 2014, 10:16:52 AM #6213 Is DarkCoin/ DarkSend completely anonymous? This is a blunt question and I'm not trying to troll. I hear a lot of back and forth with this, with lots of tech talk I don't really understand.



From what I can tell, it seems that even with DarkSend, its simply harder, but not impossible to trace it. I've even hear this from DarkSend supporters, with one saying, vaguely



"yeah, not impossible to trace, esp for small operations like police, banks, hackers, etc. But the NSA could prob trace it if they wanted"



I'm not saying that not good enough. That would be a step in the right direction, but represents merely a head step in the technological arms race. If police departments wanted an easy way to trace any crypto, couldn't a private enterprise specialize in doing just that in a cost competitive way, and offer it as an affordable service?





AlexGR



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LegendaryActivity: 1708Merit: 1030 Re: [ANN][DRK] DarkCoin | DarkSend (exciting new feature) | KGW | No Premine March 03, 2014, 10:20:16 AM #6214 Quote from: FreedomLives on March 03, 2014, 10:10:20 AM Quote from: anonymousxx1503 on February 27, 2014, 03:51:49 AM Quote from: ThePatient on February 27, 2014, 03:16:46 AM is now a good time to buy? Haven't really followed anything dark related



It's a great time to buy. DarkCoin is not a hype and pump/dump coin. It has attracted attention through actual value by means of the soon-to-be-beta (actually-in-alpha) DarkSend functionality (in addition to 11 different hashing algorithms which make it ASIC resitant, Kimoto Gravity Well (KGW) which makes it safe from multipools for example and adjusts difficulty every block and a great professional developer). This new feature will allow you to send coins anonymously directly from the wallet without passing by TOR (darkweb) or through a mixing service which requires trust in the operator of said service and also involve fees (2%). It is a trustless solution straight from the wallet and it will be the first coin to achieve such a feat. It experienced natural growth, going from around 0.00005 BTC when first hitting markets to 0.0025 BTC without any kind of useless hype (e.g. Maxcoin).



If you look at the price now though, it is quite a bit lower, ranging from 0.001 to 0.0014 depending on the market. What happened? One of the exchanges on which DRK trades (C-CEX) had a malfunction/hack which allowed a user to gain access to hundreds of BTC for free, which he couldn't cash out. He figured out that by buying DarkCoin, he could then transfer it out of the exchange easily, this caused a huge spike in buys since he put in around 300 BTC worth and bought up all DarkCoins up until 0.0075 BTC or 7.5 millibits. He then proceeded to transfer all those coins to another exchange (Poloniex) and started dumping as much as possible, as quickly as possible, with no regard for price. This caused a chain reaction which lasted for around 4 days. At first the coin recovered admirably to the dumps, staying very close to its regular price after a few dumps. After two days though, the price couldn't hold up anymore and we suspect that a lot of very early adopters started getting scared and began dumping as well.



Through some investigation and through a mixture of guilt, the "hacker" (who claims he actually isn't a hacker and the BTC simply appeared due to a mistake), came back and contacted the right people to start giving back the BTC he had taken from the exchange, since a lot of other people were affected and had their funds frozen. Of course he had lost a lot of value by filling very cheap buy orders for DRK so he can't possibly give it all back but the important thing is the dumps are stopped now and the coin has stabilized again. It has found solid ground and is starting to rise again. This rise will be fueled by the 3rd DarkSend alpha test which is happening tomorrow and after that, the developer (eduffield) has said that the beta will come soon as the code is very solid.



You have a unique chance right now to buy into a coin which really isn't supposed to be available at these prices anymore due to its real value. Only reason it's low right now is because of the situation I explained above. It belongs on the top of the charts as much as other coins with added functionality such as Peercoin/Namecoin for example. It's not a simple clone like 99% of other coins and it's here to stay.



TL;DR - Great time to buy

It's atime to buy. DarkCoin is not a hype and pump/dump coin. It has attracted attention through actual value by means of the soon-to-be-beta (actually-in-alpha)functionality (in addition to 11 different hashing algorithms which make it ASIC resitant, Kimoto Gravity Well (KGW) which makes it safe from multipools for example and adjusts difficulty every block and a great professional developer). This new feature will allow you to send coins anonymouslywithout passing by TOR (darkweb) or through a mixing service which requires trust in the operator of said service and also involve fees (2%). It is aand it will be the first coin to achieve such a feat. It experienced natural growth, going from around 0.00005 BTC when first hitting markets to 0.0025 BTC without any kind of useless hype (e.g. Maxcoin).If you look at the price now though, it is quite a bit lower, ranging from 0.001 to 0.0014 depending on the market.One of the exchanges on which DRK trades (C-CEX) had a malfunction/hack which allowed a user to gain access to hundreds of BTC for free, which he couldn't cash out. He figured out that by buying DarkCoin, he could then transfer it out of the exchange easily, this caused a huge spike in buys since he put in around 300 BTC worth and bought up all DarkCoins up untilor 7.5 millibits. He then proceeded to transfer all those coins to another exchange (Poloniex) andThis caused a chain reaction which lasted for around 4 days. At first the coin recovered admirably to the dumps, staying very close to its regular price after a few dumps. After two days though, the price couldn't hold up anymore and we suspect that a lot of very early adopters started getting scared and began dumping as well.Through some investigation and through a mixture of guilt, the "hacker" (who claims he actually isn't a hacker and the BTC simply appeared due to a mistake), came back and contacted the right people to start giving back the BTC he had taken from the exchange, since a lot of other people were affected and had their funds frozen. Of course he had lost a lot of value by filling very cheap buy orders for DRK so he can't possibly give it all back but the important thing is the dumps are stopped now and the coin has stabilized again. It has found solid ground and is starting to rise again. This rise will be fueled by the 3rd DarkSend alpha test which is happening tomorrow and after that, the developer (eduffield) has said that the beta will come soon as the code is very solid.You haveright now to buy into a coin which really isn't supposed to be available at these prices anymore due to its real value. Only reason it's low right now is because of the situation I explained above. It belongs on the top of the charts as much as other coins with added functionality such as Peercoin/Namecoin for example.like 99% of other coins and it's here to stay.

Can someone explain some basic things to me:



First, source to above story?

Can someone explain some basic things to me:First, source to above story?

Let's just say that there are at least 100 first hand witnesses here and tens of us that got our BTCs stolen on c-cex. The incident was also discussed here:



The coin price, pre-ccex incident, was ranging from 0.0019 to 0.0024 - and after the drop from the dumps, it's rising up again. You can see the spike here:



Quote "yeah, not impossible to trace, esp for small operations like police, banks, hackers, etc. But the NSA could prob trace it if they wanted"



I'm not saying that not good enough. That would be a step in the right direction, but represents merely a head step in the technological arms race. If police departments wanted an easy way to trace any crypto, couldn't a private enterprise specialize in doing just that in a cost competitive way, and offer it as an affordable service?



Private enterprises don't have NSA-grade resources, nor do they "own" the internet and computing devices which are implanted with all sorts of backdoors. Let's just say that there are at least 100 first hand witnesses here and tens of us that got our BTCs stolen on c-cex. The incident was also discussed here: https://bitcointalk.org/index.php?topic=485029 The coin price, pre-ccex incident, was ranging from 0.0019 to 0.0024 - and after the drop from the dumps, it's rising up again. You can see the spike here: https://c-cex.com/index.html?p=drk-btc Private enterprises don't have NSA-grade resources, nor do they "own" the internet and computing devices which are implanted with all sorts of backdoors.