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Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Guys. Dash has gone up from .02 to .0476 in less than two weeks. Evolution had a finalization announcement on January and the price remained flat at .017 weeks after the fact. This price rise did not correlate with Evolution or its upcoming release. Dash has been historically cheaper than this by a LARGE margin. Invest what you will, but remember to only invest what you can afford to lose.
And after this post we are now at almost .03 for Dash. See how long it takes to lose 30%+ of your investment? Not long. And lets look at what people were saying at this time. They weren't advising you of the dangers or telling you to exercise caution. This is what was said in this thread:
Buy the dipppp baby. Get on before next round up. 200 will be next few leg up
and here we go again ... 0.039 --> 0.040 --> 0.041
I just sold a handful of Dash to cover the cost of my initial investment, and now I am holding 20 Dash completely free. Dump or no dump, I have broken even and everything after this is profit 
That's the way to do it... Now you can sit back, relax and wait for $2500 per dash in a few years, especially if bitcoin doesn't get it's act together :-)
Emotion moves hands. People want you to feel excited at the notion of a rise, and fearful that you may have missed the boat. They want you to make a jump for the ship already leaving the harbor; knowing full well it is about to sink once in the ocean.
That also from the other side. You want us jump from the ship, knowing it will sail far away.
I didn't say jump ship. I was saying just don't take any leaps that could kill or seriously harm you if they don't go right. There is security in not investing, and there is a risk/reward factor in doing so.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Guys. Dash has gone up from .02 to .0476 in less than two weeks. Evolution had a finalization announcement on January and the price remained flat at .017 weeks after the fact. This price rise did not correlate with Evolution or its upcoming release. Dash has been historically cheaper than this by a LARGE margin. Invest what you will, but remember to only invest what you can afford to lose.
And after this post we are now at almost .03 for Dash. See how long it takes to lose 30%+ of your investment? Not long. And lets look at what people were saying at this time. They weren't advising you of the dangers or telling you to exercise caution. This is what was said in this thread:
Buy the dipppp baby. Get on before next round up. 200 will be next few leg up
and here we go again ... 0.039 --> 0.040 --> 0.041
I just sold a handful of Dash to cover the cost of my initial investment, and now I am holding 20 Dash completely free. Dump or no dump, I have broken even and everything after this is profit
That's the way to do it... Now you can sit back, relax and wait for $2500 per dash in a few years, especially if bitcoin doesn't get it's act together :-)
Emotion moves hands. People want you to feel excited at the notion of a rise, and fearful that you may have missed the boat. They want you to make a jump for the ship already leaving the harbor; knowing full well it is about to sink once in the ocean.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Guys. Dash has gone up from .02 to .0476 in less than two weeks. Evolution had a finalization announcement on January and the price remained flat at .017 weeks after the fact. This price rise did not correlate with Evolution or its upcoming release. Dash has been historically cheaper than this by a LARGE margin. Invest what you will, but remember to only invest what you can afford to lose.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Someone told me that the person who created the bitcoin and the same one who created the Dash .. is this true ? Satoshi = evan? 
A lot of Evan's ideologies do not align with Satoshi's. Not only this but Evan needed to hire a C++ dev just for the basic fork that xCoin was. So no, Evan is not Satoshi.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
https://www.cryptocoinsnews.com/dash-puzzlingly-skyrockets-450-2-months/
Looks like the price rise is causing some attention.
Looks like the price rise is causing some attention.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Man are you still standing your bet proposal, 1BTC?
what bet?
Sry, I ment this:
I like what toknormal said awhile back, and have been turning it over in my mind. The summarized version is:
Monero is essentially maxed-out. Their sole value proposition is that you can buy illegal shit with their coin, and by being accepted on all the major darknet markets, they've essentially achieved their growth objectives. I honestly congratulate them--2600% growth in the last year is truly stunning--but there isn't much further they can go.
The good news is that Dash has not aligned itself with any single use case. People can use our product for a staggering array of reasons: privacy, instant transactions, a solid governance model, a two-tier incentivized network, a treasury system that is funding continuous development...
So congrats to the Monero team on the result of all their hard work. Now I'll watch them hang out in the $200 million market cap range while we continue to climb.
Monero is essentially maxed-out. Their sole value proposition is that you can buy illegal shit with their coin, and by being accepted on all the major darknet markets, they've essentially achieved their growth objectives. I honestly congratulate them--2600% growth in the last year is truly stunning--but there isn't much further they can go.
The good news is that Dash has not aligned itself with any single use case. People can use our product for a staggering array of reasons: privacy, instant transactions, a solid governance model, a two-tier incentivized network, a treasury system that is funding continuous development...
So congrats to the Monero team on the result of all their hard work. Now I'll watch them hang out in the $200 million market cap range while we continue to climb.
Care to make an escrowed bet (Ognasty/Blazed could be options as an escrow) that by the end of year Monero will have outperformed Dash from now (Feb 17th, 2017) until Dec 31st 2017?
XMR = 0.01257 BTC
DASH = 0.01909 BTC
Bet amount = 1 BITCOIN
We can have the proceeds of the bet sent to a charity of our choice once the wager is done.
If you win, my part of the wager goes to the charity of your choice.
If I win, your part of the wager goes back to the charity of my choice.
In either case the winner keeps their original bet amount.
Let me know.
Smoothie, whwere are you?
Doesn't that bet entail Dash has to be ahead of Monero at the end of 2017? seems like we are calling the game short considering we are in February. Or does that bet mean Monero has to always outperform dash throughout the whole year? Which if that is the case....kind of a stupid bet for him to make.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
...So going with the whole overtaking BTC idea, a masternode would cost $1,000,000, and the person would get paid out a 45% interest rate on block rewards. That doesn't sound very sustainable...
edit: "45% interest rate on block rewards" - that's correct
Is there any reason why masternodes require a certain amount of coins up front to operate? Like a legitimate technical reason dictating requiring $20,000?
You mean 1000 dash, because not so long ago you could have it for $4-$7 each.
1000 it's a collateral, so won't be able to operate thousands of masternodes for free and be able sybil attack the network.
If the price rises to btc parity, then masternodes and miners could vote for a decrease the amount needed.
Doesn't Peercoin's minting set up for POS avoid these issues and manage a much more reasonable return rate?
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
...So going with the whole overtaking BTC idea, a masternode would cost $1,000,000, and the person would get paid out a 45% interest rate on block rewards. That doesn't sound very sustainable...
edit: "45% interest rate on block rewards" - that's correct
Is there any reason why masternodes require a certain amount of coins up front to operate? Like a legitimate technical reason dictating requiring $20,000?
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
...Dash went from .018 to .024, a 60% rise...
It's a 33% rise
You're right. Tired from work, fuck up on my part. Regardless 33% in three days is not sustainable.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
careful...sell high, and be wary of riding this pump..
this is an easy pump..too many coins locked in masternodes (making an artificial increase in valuation), too few big holders of this coin(instamined), and too few in circulation..
just look at DASH btc-e and poloniex sell orders combined..just less than 20K? compare it at poloniex LTC ~150k, ETH ~400k, XMR ~320k at sell orders...
remember DASH was once marked in coinmarketcap as a premined coin...until a very aggressive protest was done by DASH shills around here
this is an easy pump..too many coins locked in masternodes (making an artificial increase in valuation), too few big holders of this coin(instamined), and too few in circulation..
just look at DASH btc-e and poloniex sell orders combined..just less than 20K? compare it at poloniex LTC ~150k, ETH ~400k, XMR ~320k at sell orders...
remember DASH was once marked in coinmarketcap as a premined coin...until a very aggressive protest was done by DASH shills around here
People keep it in masternodes because masternodes offer value to the network and receive a compensation.
People keep dash in masternodes because they have a long term belief in the project.
This is not artificial, just smart design and smart vision.
Few big holders is not an issue for the network if these big holders are smart people with a long term vision, which it seems they are.
What do you think is better, premined network that creates value for the users and creates value to non-users of crypto by reaching out to them, or a non-premined network that is lacking in dynamism and innovation ?
Yes selling pressure will come from big holders, but they would be stupid to start selling now IMHO. They should wait for DASH to be at least at 0.1 BTC.
You think 0.1 BTC is too high ? Well, some of the big holders know they are going after the king bitcoin, their vision is to overtake BTC long term.
Now I agree that this ride is too fast and will correct, but it might bring DASH to another level in the short term so holding might be the best strategy if you are not a trader.
i highly doubt this part....
and the big holders can wait until 0.1 BTC...if ever people will pay that amount of money for a coin...might as well just go for BTC.
DASH is designed to be held and gain thru interests (for profit-masternoding only)..not to be used as an average joe crypto currency..welcome to the usual pump and dump.
So going with the whole overtaking BTC idea, a masternode would cost $1,000,000, and the person would get paid out a 45% interest rate on block rewards. That doesn't sound very sustainable.
Hell even right now a masternode effectively costs more than $20,000.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
dam dash is on fire, will we see the 50$ mark soon? i think we will very soon
I don't think so. The value is now too high IMO. We are growing too fast.
We need to see the deployment of the Evolution project (with all the features included) for that. Even then.... i don't know for sure.
The problem is our competitors. In the alt world only Ethereum is a worthy rival.
X-posted from Dash Nation Slack:
I've seen several people in this slack who are worried about when the correction will come. This is very reasonable, and commendable even. Don't get caught up in the FOMO. I don't see a correction coming on the price of Dash (other than the typical oscillations, but nothing like going back to .017 or anything). It's important to remember that technically DASH is not worth $26 apiece. DASH is worth .022 BTC each, and BTC is worth 1160 each.
DASH's actual price (in Bitcoin terms) is at a reasonable level that we've seen several times before. As @toknormal points out, there is every reason to believe that this price can and will climb in the coming weeks/months.
The second thing to remember is that the vast majority of our USD price gain comes from the BTC rise. We were at .0245 a year ago (or was it two?), but at that time our price was only $6, because BTC was sub-$300. The reason we're seeing such high valuations right now is because we are increasing in price (in BTC terms) while BTC is increasing in price (in USD terms).
I fully expect a correction of BTC before the ETF news comes out, but of course I could be wrong. Also, a successful ETF throws all the charts and TA out the window.
Try not to think of it in terms of "Dash went from $8 to $26, so when is the bottom going to fall out?" Try to think of it in terms of "Dash went from .016 to .022, which is a reasonable increase over a couple month period." IMO of course...not investment advice, etc.
Have to agree with this for the most part. This price isn't really anything new in terms of BTC so we can't say Dash went from $8 to $26 to quickly. Most people invested in Dash probably got in through Bitcoin. I do think there will be a correction and looking at the chart you can see multiple flash drops. In one five minute candle we were at .0245 and .0225. That is almost a 10% fluctuation during a five minute cycle, obviously indicating the market is a little uneasy with the rise. In just three days Dash went from .018 to .024, a 60% rise. I don't think anything changed during those three days to justify a 60% increase. So we will probably see a mild correction, but this time around Dash might stay above .02 and keep that as a new bottom. If that happens, then that is pretty good price progress.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Quote
P.S. If you really believe we are ratio-bound and won't exceed 0.02 BTC/DASH, why invest in DASH? Why not just invest in Bitcoin, then?
Just pointing out that constantly trading it between the boundaries that it tends to rise and fall to is more profitable than holding Bitcoin, so why not?
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Ok, so, I've been gone for a couple of years. I'm back and.... well, I like some of what I see, I don't like some of what I see.
I like the rebranding (I had to upgrade to a Dash wallet.... I was on Darkcoin when I left.... a couple hundred DRK in it). I've been following the price of DRK/DASH on Coinmarketcap, and this time with the pump to over .02, I decided to cash out, since there seems to be a regular "wash, rinse and repeat" cycle going on, and I've regretted not jumping in on past >.02 situations and getting my initial BTC investment back. As of now, I have divested myself of all but a handful of Dash, and I hope to buy back in at around .012.
I like the major GUI upgrades. It looks much prettier now. I like Masternodes. I like the idea of self-governance and having a budget. I like the way the development is happening in general. I don't think that 10% of Masternodes is nearly enough to commit funds --unless all "members of the board" / "employees" / devs / power-brokers recuse themselves from voting in every case where there is any possible conflict of interest. Otherwise the "vote" is a complete sham. Why even pretend to be democratic when only 10% of an already-elite group can make all the decisions? You might as well just be Bitcoin. If a higher percentage (at least 50% of masternodes) isn't required, then, Evan, et al (not sure who the other higher-ups all are -- but certainly anyone who is paid any kind of a salary out of the proceeds of the "development fund") need to publish their Masternodes and not vote -- let "outsiders" vote according to the merits of the proposals.
I see this as being like the ideological battle between communism and capitalism. Bitcoin is, in a way, communist; 100% of the rewards go to the laborers (miners) (never mind that owning a decent mining setup nowadays requires a ton of real-world capital). I like the fact that Dark/Dash has come up with a way for people to also earn rewards for simply owning enough capital. I also like that the incentives are aligned; Masternode owners have to lock up their funds, so they can't trade in and out -- they've got to be long-term hodlers, and as more Masternodes are brought online, more Dash are locked up and out of the reach of the traders, thereby lowering supply and hopefully driving the price upward -- which rewards Masternode owners, miners, and small-time hodlers alike. It's win-win-win.
But it's not win-win-win when somebody can propose something that exclusively enriches a certain few people, and those certain few people have enough power to make that proposal effective. This is an effective kleptocracy, and I don't think that anybody really wants to be associated with that. Yes, we all want to make money, but a system that basically ensures that the rich get richer is pretty sleazy IMO. The Masternodes already do enough in that regard. And Masternode owners are supposedly in this for the long-haul. At current prices, a Masternode is over $20,000 -- that's a pretty hefty amount. Masternode owners are keeping that money invested in order to earn a return -- paid in Dash. Those Dash will be worthless if people decide to abandon the currency due to concerns about propriety among the whales / owners / developers (because they are largely the same people). Think long-term. The best possible proposals, for the long-term success of Dash, would be:
A) Change the voting requirement to 50% of MN owners;
B) Change the voting requirement to include some percentage of miners;
C) Dedicate some portion of the "10% funds" to trading accounts on major exchanges which is run exclusively to manipulate the price of Dash upwards.
That's my piece. I may follow this thread a bit more, but I don't have the kind of time that I used to have for this kind of stuff anymore. I do appreciate the further development of Dash, but I fear this self-serving "governance" is leading us all down a blind alley.
I like the rebranding (I had to upgrade to a Dash wallet.... I was on Darkcoin when I left.... a couple hundred DRK in it). I've been following the price of DRK/DASH on Coinmarketcap, and this time with the pump to over .02, I decided to cash out, since there seems to be a regular "wash, rinse and repeat" cycle going on, and I've regretted not jumping in on past >.02 situations and getting my initial BTC investment back. As of now, I have divested myself of all but a handful of Dash, and I hope to buy back in at around .012.
I like the major GUI upgrades. It looks much prettier now. I like Masternodes. I like the idea of self-governance and having a budget. I like the way the development is happening in general. I don't think that 10% of Masternodes is nearly enough to commit funds --unless all "members of the board" / "employees" / devs / power-brokers recuse themselves from voting in every case where there is any possible conflict of interest. Otherwise the "vote" is a complete sham. Why even pretend to be democratic when only 10% of an already-elite group can make all the decisions? You might as well just be Bitcoin. If a higher percentage (at least 50% of masternodes) isn't required, then, Evan, et al (not sure who the other higher-ups all are -- but certainly anyone who is paid any kind of a salary out of the proceeds of the "development fund") need to publish their Masternodes and not vote -- let "outsiders" vote according to the merits of the proposals.
I see this as being like the ideological battle between communism and capitalism. Bitcoin is, in a way, communist; 100% of the rewards go to the laborers (miners) (never mind that owning a decent mining setup nowadays requires a ton of real-world capital). I like the fact that Dark/Dash has come up with a way for people to also earn rewards for simply owning enough capital. I also like that the incentives are aligned; Masternode owners have to lock up their funds, so they can't trade in and out -- they've got to be long-term hodlers, and as more Masternodes are brought online, more Dash are locked up and out of the reach of the traders, thereby lowering supply and hopefully driving the price upward -- which rewards Masternode owners, miners, and small-time hodlers alike. It's win-win-win.
But it's not win-win-win when somebody can propose something that exclusively enriches a certain few people, and those certain few people have enough power to make that proposal effective. This is an effective kleptocracy, and I don't think that anybody really wants to be associated with that. Yes, we all want to make money, but a system that basically ensures that the rich get richer is pretty sleazy IMO. The Masternodes already do enough in that regard. And Masternode owners are supposedly in this for the long-haul. At current prices, a Masternode is over $20,000 -- that's a pretty hefty amount. Masternode owners are keeping that money invested in order to earn a return -- paid in Dash. Those Dash will be worthless if people decide to abandon the currency due to concerns about propriety among the whales / owners / developers (because they are largely the same people). Think long-term. The best possible proposals, for the long-term success of Dash, would be:
A) Change the voting requirement to 50% of MN owners;
B) Change the voting requirement to include some percentage of miners;
C) Dedicate some portion of the "10% funds" to trading accounts on major exchanges which is run exclusively to manipulate the price of Dash upwards.
That's my piece. I may follow this thread a bit more, but I don't have the kind of time that I used to have for this kind of stuff anymore. I do appreciate the further development of Dash, but I fear this self-serving "governance" is leading us all down a blind alley.
I agree for the most part, especially the point about the rinse and repeat of the .013>.02 prices.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
i'm thinking a week before we climb another rank on coinmarketcap, maybe even less.
Do you know how many dash are mined per day?
how many Moanero?
Dash = 2246
Monero = 6213 *
* doesn't include any secret coins, that no one knows about, because the block explorer doesn't show the output values...
That's the point
Despite the price per coin, the inflation rate is way higher.
And altcoins mkt are not very prone to inlfation rate.
There are 2x Moanero than dash - 85% or something close of the total value will be mined by this year (and it's still better than the 50% in the 1st year or so).
Something quite common in ponzi schemes.
It's funny given the instamine meme they have - 10% mined in 2 days, indeed, for a mistake in the algo (and some % since then) VS 80% mined on PURPOSE in 20 moths... and nothing then
combined with a blockchain that can't be inspected or verified, failure to integrate with other systems. bubble popped. Not looking good for Monero.
Dash just getting started
Those two things all sound like things that are just inherent cons that will come with a true form of digital cash.
Either way, going long on Dash for the time being. I think we can break back into the .022BTC zone.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
We need a Blockchain ETF! And an HTTP ETF!! And an IOT ETF! ETF all the things!
Don't forget the TCP/IP ETF. I hear TCP/IP's the latest thing.
The Dilbert cartoon below is based on the level of knowledge most business people have about the blockchain. I bet the people at the SEC have been told 'blockchain' will revolutionise business, and if they don't approve the ETF then 'blockchain' will be distressed.
Very true. You notice a handful of companies shoe-horning "blockchains" into systems that really would see no additional benefit from it? Have a feeling a few "blockchain installation" companies will be popping up offering their expertise to company heads on how the "blockchain" will simply make everything better for their field of work.
And the thing is, those managerial type people tend to be clueless about a variety of topics when you go into a specific enough niche. I work in retail floor maintenance and some of the stupid ass shit you hear from retail employees all the way up to store managers is quite baffling. So I can easily see someone pushing a "blockchain agenda" into a few managers heads at a variety of businesses.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What are the chances of another "China bans bitcoin for the 97th time" story sometime between now and $1242....
i think this story not find readers any more
they will come up with something new maybe they will try to promote disapproval of the ETF as a catastrophe (if it will not get approved)but we all know, no matter what, Bitcoin road long term is only UP!Indeed. I'm considering shorting before the allegedly 'catastrophic' ETF news causes the inevitable selling, just so I can accumulate more coins prior to the impending shot at the moon!
I think even if the ETF passes price might go down because so many are probably buying on the hopes that it will moonshot if it goes through. No moon, big sell off. Just my opinion. Granted we are pushing ATH now.
Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer
So lets say 5K satoshi is a realistic price prediction. This entails the marketcap would be about 4,100BTC, this translates to a little over $43 Million.
This would put Golem at number 11 on the coinmarketcap list and would put it at about half the total market cap of MaidSafeCoin. I would say this is a
realistic prediction in the medium term.
So lets look at the 50K prediction: 820,000,000 Golem x 50K Satoshi = 410,000BTC = $430.5 Million
This would put it at number three on the coinmarketcap list, third only to Ripple and Bitcoin. Do not honestly see that happening.
Now if we are talking pure pie in the sky speculation; it could outpace Bitcoin since it isn't actually intended to be a currency but a purchasing token primarily for
CGI rendering, but that is a billion to one chance.
This would put Golem at number 11 on the coinmarketcap list and would put it at about half the total market cap of MaidSafeCoin. I would say this is a
realistic prediction in the medium term.
So lets look at the 50K prediction: 820,000,000 Golem x 50K Satoshi = 410,000BTC = $430.5 Million
This would put it at number three on the coinmarketcap list, third only to Ripple and Bitcoin. Do not honestly see that happening.
Now if we are talking pure pie in the sky speculation; it could outpace Bitcoin since it isn't actually intended to be a currency but a purchasing token primarily for
CGI rendering, but that is a billion to one chance.
Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer
I'd like to see what the expected price for Golem will be for it to be in line with the costs of using Render Street and similar. If the coin goes to high there won't be a market for rendering.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Same and same empty talk again. And where are the victims?
So butthurt.
And please sell DASH. I need to buy some.
So butthurt.
And please sell DASH. I need to buy some.
Just to be clear, that is a terrible argument. "Where are the victims?" could have been said at the beginning of almost any good scam. Bernie Madoff didn't have any victims in the early 2000s but some people knew his numbers seemed too good to be true and were highly suspicious. We all know that by 2008 he would go down as running the largest Ponzi scheme in American history.
Just because something doesn't have immediate victims does not mean it will not have them in the future.
That doesn't even make any sense. Is this Minority Report? Are you suggesting that Madoff was committing precrime and should have been locked up before he actually started scamming anybody?
By definition, the scam doesn't begin until there are victims. Until the first investor isn't paid back, it's not a scam.*
*He may be committing all kinds of illegal acts, including robbing Peter to pay Paul. But until somebody is actually victimized, it's not a scam.
Anyway, what the hell does that have to do with Dash? We are a few cents away from an all time high--if you believe Dash is "too good to be true" or is somehow a "scam" then just sell your stake. There's a 99.9% chance that you'll get out with a profit. If you don't own any Dash, then just don't buy any. Perfect "scam" protection right there!
P.S. I'm very disappointed to have been "scammed" into buying Dash at $6 each.
Seriously? So how about something like Mt.Gox? You are saying Mt.Gox was perfectly legitimate [even if insolvent months prior] up until the last days of its closure because people still believed their money was actually there and they hadn't asked for it back?
I didn't say this had anything to do with Dash. I simply said that the argument that "Well no one has lost their money yet" is terrible reasoning and an excuse to not look at the facts. And just a side note, Dash is nearing an ATH but this is based on USD. Its exchange rate with Bitcoin has been much higher a couple times in the past.