What a fall for a member that many of us looked up too...

Annual Revenue percentage in Dash : 5.68%

The fastest way to loose money is to listen to toknormal.
That gave me an idea for my forum signature....

Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important?

It won't be long now that Dash price will be higher then Monero's price, just a matter of time.

@dafdaf I think you mis-understood the chart. These are operating profits, not reward share. The protocol cannot "decrease the miner's red part", it's set by the free market = mining competition.

Tax pressure is as illustrated. Massively asymmetric.

At $1000 per Dash the masternode network would get paid $300 MILLION per year. Can you fathom that ? Since most of it's pure profit there's a theoretical, say $100 million worth of Dash that needs to get sold just to pay tax authorities and hitting the highest tax rate bands. To me this is bonkers. This doesn't happen with mining.

At some point, Roger Ver announced the launch of Bitcoin Cash.

I stick to what I said on HEX, there is a time value of money

the fact that the reward is split between fixed cost operators and variable cost operators

Investors bring money to the TOP 10. Risky investors bring money to the TOP 20, very stupid ones-to the top 30.
DASH will drop out of the top 30, now even complete idiots will not bring money to the DASH team. Bravo! DASHSCAMCOIN

LTC has already become more expensive.

This analogy is flawed

I think it is a little unfair to compare DASH/BTC because the emission rate is different now, BTC is emitting far fewer coins for most (all?) of DASH's life.  Also, IMO a big price support for BTC is the fact the 1 million Satoshi coins are not in play, whereas in DASH almost all the coins are in play, we have much less as a percentage 'lost coins'.  This is important, because the early coins have a price tag of zero and if they were in play they would most definitely be sold and that would bring the price of Bitcoin down.

I appreciate Tok's passionate plea, but his accounting is not ultimately what I see as impacting the price, price is (OK we :OffTopic: now) is determined by people, that's us ! and we don't much care about where those coins came from, we care about two things, what we paid for them and what we want to sell them for (ie current price).

and so it is game of confidence, or musical chairs, who gets left out and who makes out like a bandit, OTOH, Ultradar, and several others.

For price to grow, the number of people involved in price disc:hole:very has to grow, the interest in the coin has to grow and that means, adoption and BUIDL.  Confidence will grow, more people will take the risk of buying the asset and price will rise, which will create a feedback loop and bring in even more people and could result in a bull market.  Ain't nothin' to do where the coins came from!

To answer dashAF and Tok on the irony of the POS Shitcoins, sure they are valueless because they never did anything worthwhile either.  If a good POS coin existed, then it would have some value.  I wonder if Tok thinks ETH will goto zero once it moves to POS, I don't, nor does anyone else here, so hint.  It won't!

The cost of the maintaining the emission schedule is still 100% borne by miners, regardless of what reward they receive. That should have formed the starting point for any "economic analysis" because it's the only quantitively known factor in Dash's economics. If it costs them $100k to mine X days of Dash's emission curve, they still have to dump $100k of Dash on markets to pay for it. (Before MN's even sell 1 single Duff)

Well I read Tok's post on the ANN thread and the guy is a good magician tricking you into somehow thinking the more the miner wastes on Electricity to mint a block the more valuable those coins will be.  He is wrong with that.  The miners serve to secure the chain and once it is secured sufficiently any more mining does not add value to the chain, but instead wastes money, we are effectively paying for all those gigawatts of electricity! :weary:
Tok likes to play dumb and miss the point that if we juice up the MN ROI more money will flow into making new MNs thus reducing the ROI and soaking up the DASH in the circulating supply as Ryan calls it, this has in the past been shown to raise price and we expect it will do so again, at least in the short term.

We can easily discount Tok's hypothesis with a simple mental masturbation.  Suppose GOLD miner A is able to dig up the yellow metal for $600/Oz, but says Oh Fuck it!  I want to be able to sell it for higher prices (currently $1750) so he says I will waste money and raise my costs to $800/Oz.  Will he be more profitable?  Will the gold price rise?
Tok's line of thinking is the tail wags the dog, however, anyone familiar with the animal would observe the dog wags his tail.  Tok believes price chases hash rate, but hash rate chances price.  We see that on the Bitcoin chain where if there is significant movement in price, the hashrate moves to adjust, in general.
Tok fails to notice though that the Bitcoin hashrate is at a ATH, yet there is a bearish divergence with BTC price, which is one half the ATH.
If Tok were right, then it stands to reason that the BTC price must already be over $100k due to miner hash rate, but that is not the case, so he must be wrong.