Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
I think you should address the point of mining as a market. The fact that miners have to effectively 'purchase' their supply and bid up the price in order to acquire it.
That was my point. Nothing of what you responded to.
I don't think I need to. Rather I'm addressing what you've used as proof. You keep bringing up CMC rankings as proof for your theory just because you say so.
Seek the serenity to accept the things I cannot change?
Then be advised you're in luck because Dash is one of the first (if not the first) blockchains with a governance mechanism. That means the community has an ongoing ability (and responsibility) to review and debate priorities of the protocol that affect its interests.
It's not enough just to make decisions and vote on them. Those decisions need to be reviewed, assessed and potentilly revised if they are not having the effect they were intended to. There will also be instances of governance that were flat out mistakes because they weren't properly thought through or were based around flawed logic.
That happens to be the case here because mining was identified as a net selling sector when in fact it is a brokering sector (i.e. net buying since the miner is brokering on behalf of the buyer). This has huge implications for the protocol decision that was made back then because it reverses the logic behind its implementation. We needed to move the reward ratio to up the mined portion of the supply to benefit long term investors and store-of-value performance.
I mean that's the conclusion you've come to and that's fine. Again, I've always maintained there's some merit to it but that you overstate it. I don't subscribe to your doom and gloom point of view.
I don't think you repeating your same point over and over again to the same limited audience is going to change anything either. It sounds like whining about the price and I'm sure many people are just tuning out anything you say at this point.
That this is the case has been born out in competitive performance over the 18 months since that decision was taken. (Against relevant competitors, not barrel scraping ones - you accuse me of "cherry picking" while citing prehistoric dross that's not even listed anymore 
Please).
Please).First, the decision wasn't made 18 months ago, more like 9 months ago and was only implemented about 5-6 months ago. Second, you keep flip flopping on the issue... is it DASH's reward ratio since masternodes were introduced or the minor (hardly consequential) change of the reward ratio recently implemented?
And yes, you cherry pick winners that stood the test of time and are above DASH in CMC rankings as proof of DASH's demise. Fact is, DASH has outperformed more 100% mined coins than it hasn't.
So, contrary to your claim, this isn't something that you "cannot change". We have the luxury of being able to do exactly that and I predict that it will in fact become imperative that we do it.
Ok well, I guess I'll wait and see how you actually go about making this change. Right now it looks like someone continuously walking into the same brick wall, each time acting surprised the wall didn't move.