Quote from: ArticMine on May 08, 2016, 08:17:22 PM

Quote from: noobtrader on May 08, 2016, 04:29:47 PM

...

i dont get it because your FUD is dihonest, you cant do 51% attack with masternode so there is no centralization. your XMR whale might hodl 50% of xmr coin and he is swinging price like a toy. so there is your centralization, how would you prevent ppl from dumping all their Monero then close up their node and mining other coin likeeee... Aeon instead Huh

You borrow rather than buy to launch a 51% attack against the masternodes. This is a fundamental weakness with any Proof of Stake, or Proof of Stake like, system and is not just limited to Dash. I formulated the Second Pirate Savings and Trust attack on Proof of Stake in the following post https://bitcointalk.org/index.php?topic=897488.msg10182752#msg10182752 those of us who have been around Bitcoin for a while will remember the First Pirate Savings and Trust and other very large Bitcoin shorts such as Mark Karpelès of MTGox. Borrowed "stake" is what nearly brought down the fiat banking system in 2008, forcing massive intervention by central banks and governments. In Dash the problem is magnified because the minimum 1000 Dash per masternode encourages the setting up of masternodes using borrowed Dash.

pls inform me how to borrow dash to launch 50% attack on masternode LOOOLLLL its not even POS sistem which masternode were confirming tx... Cheesy

Quote from: smooth on May 08, 2016, 08:24:38 PM

Quote from: noobtrader on May 08, 2016, 01:34:18 PM

it alwasys saddening to see investor being skinned by whale...

Are you actually a noob?

Cryptocurrencies are volatile but actual investors never get 'skinned' by swings, only inferior traders trying to compete with superior traders. The same applies to cryptocurrencies, stocks, metals, or anything else.

You analyze long term prospects, buy, put the coins into cold storage, and unless long-term prospects change (which happens infrequently) do the actual hard part: wait and do nothing. Short term swings are of no consequence whatsoever.

TLDR...

Cheeeep coin guys.... buy buy buy LOOLLL