By the looks of things this will end with some hairy nipples

Shouldn't this thread be in "Politics & Society" and not Altcoin Discussion

Litecoin under pressure to maintain market position
sawmill menu

Shah of Iran when Iran looked like this and the head of state was not religious and wearing a suit.
https://youtu.be/6kySR3fpa5s
https://youtu.be/XrCK6CD1dKM

Oh what a surprise Dash decided to drop a place.


Why so? Issues are numerous:
Unfortunate instamine, premine, ninjamine accidents.
One of the worst names in crypto with bad brand recognition as a million things called a dash, anything from a short sprint (ironic) to a punctuation mark, the queens dog, cleaning service, plumbing connections...... There is only one Dogecoin, period.
Incompetent inexperience  management.
Forum is cluttered with massive images, childish,  void of any style or class.
Bad tech, code
Terrible coin emission rate
..........

The edge of the cliff is Dogecoin, dropping below it, its officially lights out, the point of no return. There is some breathing space for now (~$28) if it happens there will be a dash for the hills.

Did the developers put it in code that it must drop a rank in certain time frame?
Still remember the days when it first dropped out of tens, anyone old enough here to remember when it was classed as alpha crypto (top 9)

Did anyone check if this a Barrel without bottom?
Crypto market in 2019 is bullish it started the year at about  $127,000,000,000 Market Cap: now at $196,166,501,705  also bullish BTC, BCH, BSV, LTC. ETH.......
This thing is dropping like a stone.

Oh that escalated quickly 22nd already

New hardware wallet has been developed it holds 1100 trash dash (a masternote and some lose change)

So Dash no longer a top 20 coin, management doing a really good job (running this thing into ground).

What is the next serious crypto challenge for Trash Ontology, Maker, Crypto.com Coin or will it be Dogecoin. All serious crypt projects

So its official now Dash is second grade crypto. On the bright side Dogecoin is also 2nd grade.


Does incompetent management have anything to do with it or the unfortunate instamine.

Everyone knows of the blockchain proven 2 million instamine.  
Blockchain is for eternity and technology will improve.
In due time it will be exactly known how big the dash entity instamine was, also how many accumulated, ninjamined plus easymined.
Do not worry about technology improvements, all you need to do is wait (years).
At the time of masternode implementation more than 51% of all available dash was in the hands of the dash entity and so always will be, until the end.

February 19, 2014 0 dash,    February 26, 2014 = 2,061,239
February 1, 2015  =  5,089,349 dash existed, 51% is 2,595,568
The unfortunate 2 million instamine the rest for large scale accumulation plus ninja-easymine.
Masternode reward was always more than 51%

Dash is a 51% compromised coin, creators always had more than 50% of total available coins.
 Instamine + ninjamine + easymine + accumulation + masternode implementation = 51% compromised coin and consequently worthless junk

Yep, no development, creator done a runner, no purpose...

Many as over the years it changed a lot.

The week should start on the first, Monday.
The year should finish with the LD (last day of the year)

The founder done a runner, there is no development and no-one cares. Its just trading for no reason, no long term future.

Did Gift Cards make a difference?
Libra is nothing else than a digital Gift Card.

Bitcoin is deflationary, Fiat and as-with Gift Cards inflationary, losing 2-3% of value per year.
 (Average in the long term was/is 3.22%.   So $1000 have a buying power of $967.80 after one year)

Yes, down but always up

It was that bad that it has to be considered and treated as a "compromised" coin with the mastenode implementation with the instamined coins.
2 million where created within hours another heap was ninjamined and later easymined.
Since introduction of the Masternodes 5 million have been added of which the miners receive 45% and the Dash entity 55% (45% + 10%)
2750000 coins + 2500000 (insta,ninja,easymined+bulk purchases*) = 5250000 (70%) coins in the hands of Dash entity.
Since security is provided more than 51% not by the miners, taking over Dash entity is also taken control of the coin.

yes evan intentionally launched the coin with a "bug" to get rid of every early miner
yes evan instamint
yes evan misled people....
yes evan withheld information...
yes evan had a gpu miner long before anyone else
yes evan lied, ASIC Resistant,.... the max coin amount is 84,000,000......
yes evan was an active buyer not seller to "redistribution" coins


Lets for a moment forget the instamine, ninjamine and then easymine (facts) the coin emission rate is one of the worst of all coins. If it can survive the next 50 years (a very long time in crypto) it starts to look somewhat ok'sh.