Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
bigrcanada1
on 13/07/2020, 02:38:01 UTC

Only those that have a true belief and a longterm strategy in this project will remain

This cult talk, not investment talk. Blind allegiance in place of critical appraisal. We're 6 years in. What's you're idea of "long term" ? Decades ?

DCG nor the vast majority of MNOs will not help "Fork it" for you.  I knew this was were it is going...as your beliefs are no longer aligned with the current path DASH is on

Why is this such a big deal ? The project has lost so much competitivity already.

We are just above 1/5th of Litecoin's marketcap. One half of Monero's (after having been consistently 3x to 5x theirs). Even Ethereum's failed fork has attracted more relative value.

Maybe you should take a moment to reflect on that and demonstrate some humility when it comes to entertaining a re-appraisal of the core principles that we took for granted would make this asset more investible. Whittling away contrarians year after year isn't doing Dash any good.

The split-reward mechanism isn't working as intended when it comes to competitiveness in the investment market. Face it and start embracing some alternative views. Doesn't mean the principle's wrong, it's worked well in certain aspects such as funding DCG and boosting the technical performance of the network. But the economics of it are not well tuned and the huge masternode margins (in Dash terms) are easily characterised as wasteful from a casual outside investor's perspective. Also doesn't mean that the analyses I've presented are necessarily bullet proof or beyond criticism. But the current proposal isn't going to turn anything around. It's simply an achingly slow increment of what we already have. @babygiraffe doesn't even seem all that confident about it himself to me, hence his very conservative approach to implementing it. Nor did the wider market when it was originally announced. A more radical re-appraisal is needed IMO.