Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
No wonder you wallow in your misery. I purchased DASH with fiat... it seems you sold BTC for DASH at an unfavorable ratio.
I'm not anti-Dash. I'm pro-optimising its protocol so it doesn't keep losing marketcap to any random competitor that happens to mine its full supply and not give half of it away at zero-difficulty.
You are extremely negative here, at least for the last 8 months. That's how you come across to me anyways.
Check out the Litecoin thread... a fully mined coin, and someone there in despair how LTC has lost sat value over the last 7 years too. Now, how can that be if LTC has the correct mining ratio that DASH needs?
The ridiculous argument that "mining" is what creates value to a coin... doesn't hold water, only 11 coins in the top 50 are even minable for christ sake
Hey, you're the one with the explaining to do, not me
Now why is it up to everyone but you to explain? Why do you dismiss any argument by simply repeating the same message? I say it's about time you come up with a sound rebuttal to all the counter-arguments.
You seem to have 2 parts to your argument.
1) DASH is falling down in the ranks because 50% of the coins are given away for "free" to masternode owners who mine at 0% difficulty.
To this I and others have observed that the majority of coins higher than DASH give 100% of their coins away for "free" via staking/delegation rewards. DOGE, which you have praised here a number of times, is 95% given away for "free" to LTC miners.
2) DASH falling down in the ranks on CMC is proof of your point in 1). Further to that you seem adamant that when DASH starts moving up in ranks it doesn't show any evidence against your theory in your point 1)
To this I've pointed out many times this is circumstantial evidence at best. Your argument seems to involve circular logic. I invited you to learn some basic TA which largely predicts price cycles based on human psychology (fear and greed).
What a fall for a member that many of us looked up too...
+1
Tok's problem: he is too smart to admit that crypto markets are 80% made of pure dumbness. That's the main reason why there are so many crappy coins above Dash in the sacrosanct rankings. Nobody among the usual investors care about mining hash rates or whatever else, they only care about dog memes and “number go up” — period.
I've always found it so curious how many here are so beholden to toknormal when his recent behavior has at best been troll-like and exhausting to the point of ad nauseum.
Sure there are pump & dumps and crapcoins popping up like mushrooms after a rainshower but the reason we've been going in the wrong direction for 3 years despite boasting features and useability performance galore is simple math.
And then there's the constant back-handed insulting comments. Sure, no one can figure out this "simple math" except you.