Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
splawik21
on 30/01/2016, 19:38:57 UTC

'why would the average person want to move to and adopt a currency when majority of power is in very few hands ?

The reason that "majority of power is in very few hands" is that the majority of people don't want it - simple as that.

If they wanted it they could have it.

Do you notice something ? When things are cheap, people don;t want them so they don't invest in them. When they are expensive they DO want them and so they invest.

Right now, a significant chunk of the Dash coin supply costs peanuts (relatively speaking). Only a few people are investing (relative to the world economy). When it becomes very expensive (e.g. if it gets a market cap of billions), far more people will invest.

Thats just the way the work works. Blame the people. not the asset.


i agree with that.

I will probably invest every month in few DASH until i get masternoded in a few years Smiley


I think you loss understand how splawiks service works.   You don't transfer you coins to him.  You always maintain complete control of your own coins on your own cold wallet offline.  I have quite a few Masternodes with Splawik and every single one e of my coins are in my control.   You should have him or someone here explain how it works.

i guess he is referring to shared Masternodes. i agree that a safer solution to shared MNs is crucial for the inclusion of small DASH holders
I agree as the hosting service which @bigrcanada1 has on his mind gives no risk at all for the coin holder BUT so far the shared service indeed need the collateral of 1000 coins to be done, so the coins HAVE to be phisicly sent to the masternode operator.
I do understand you very much @coinrus9, I sent mine to @vertoe some time ago but I always had this strange feeling that my coins aren`t mine at all.
Trust is all here but I agree that some smart multisig contracts to create the pooled node will be the great move toward securing the masternode network.