I've registered today for the first time since buying 570 DASH at the height of the Darkcoin bubble. I've got about $7000 NZD invested which is $4732 USD in todays value.
A move which in todays market would make me about $2000 NZD return. As an investment I made a huge mistake playing the short game. I'm holding for the long game which I hope will make a reasonable return.
Now that my cards are on the table I would like to lay down some thoughts.
Evolution sounds great, I hope you can pull it off. That being said.
Evan you are not transparent enough. Having just read that you alone control the budget system and can pass all budgets with 10% of the vote bothers me. I'm sure you are a busy man but for this system to work and gain momentum you need to stop creating situations where you unfairly control portions of the system.
Otoh, I respect your right to make investments however the size of your investment in DASH gives you a lot of power. This is something I believe is holding potential investors back.
I believe this was meant to take control away from any one person or entity and you are engineering a system where you have total control.
I will continue to hold DASH for the foreseeable future because it's simply not worth it to me to sell.
I hope you don't ruin my investment with greed or the inability to see the forest from the trees.
Emit.
Just to make sure we are all on the same page, this is how the system currently works:
From dashninja:
A budget proposal is valid if the fee was payed and it was submitted to peers successfully.
A budget proposal is established when it is older than 1 day.
A budget proposal is alloted (will get paid on next super-block and is in the budgets projection list) when Yea votes minus Nay votes is more than 10% of total masternodes.
The system is designed to resolve controversy, the way it works the yeas in the proposal have to win the nays by at least 10% of the network. If there is a polemic proposal where 10% of the network says No then you need at least 20% of the network to say yes for it to get approved for a total 30% participation. It self adjusts and I don't think this is well understood. Hope this helps.