Quote from: toknormal on Today at 08:41:27 PM

Quote from: jdmcg on Today at 08:06:40 PM

So, when DASH passes XMR's marketcap will you still insist that DASH is less competitive than XMR?

Not if it's a flash in the pan. Chainlink is this years "Dash 2017" so I wouldn't hold my breath for one of those. We've had 6 years of track record to measure. I think that's a fair amount of time to judge whether diluting the proportion of the supply that's competitively mined favourably impacts our store of value performance compared to similar generation coins.

It clearly doesn't.

So why dilute it even more ?

As long as there isn't broad parity of margin between mining and masternode hosting, the market will simply trash that margin until there is. That's how you know how to optimally set the masternode margin. If the nodes have a lot to do such that they require to be heavily funded - sure set the reward ratio appropriately. If they don't then set it equally appropriately so we're not having to draw fiat from markets that doesn't go directly into the coin value (by paying for the mining cost). That excess is pure overhead that acts to decapitalise Dash as an asset relative to our fully mined competitors. This is exactly what we've seen happening during Dash's lifetime. The massive pump we had wasn't sustainable and we sailed straight back to a nearer equilibrium position after it.

And please don't give me "...but all other coins did too". That is an extremely poor excuse against the background of the split reward ratio being held up as the "answer" to Dash's store of value problems.

I don't think DASH has any store of value problems and I never stated that it did...

I've made clear that my position on the reward redistribution is that it is negligible.

Chainlink is in a bull market, has no resistances to break thru and will likely at least 10x from where it is in the next year if it does not somehow collapse on some major bad news.

BTC and ETH are in bull markets, but are still fighting thru resistances to break their previous ATH's. Once they do their prices will explode. This could happen end of this year.

DASH is still in a technical bear market both against BTC and the USD. However, DASH is holding support above the 100 day MA against BTC and might have the 50 day cross above the 100 day by the end of the month. I would not expect DASH to enter a bull market against BTC until October or November this year.

Against USD, DASH may enter a technical bull market as early as this week, Aug 19th or 20th... this could accelerate DASH's recovery against BTC.

XMR is ahead of DASH in recovery, it's already in a bull market vs USD for some time now and arguably just entered a bull market vs BTC over the last 24 hours...

LTC is only slightly ahead of DASH but more or less in a similar position as far as recovery is concerned.

All that said, BTC is trying to break resistance at $12K again and if it succeeds this time could easily jump to $14K, and slightly delay or temporarily reverse altcoin's recovery vs BTC...

That's why it's arbitrary to only do your comparison for just today. Each crypto is in a different part of its own market cycle.