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I have no idea why this coin pumped, specially while BTC is going to the moon too. Looks like DASH was the winner pick after all. Must have been cool for the people that bought before the pump, but who would have know when to buy? it could have keep stagnating.

It's overhyped marketing.  Plenty of manipulation.

https://steemit.com/cryptocurrency/@thedashguy/warning-why-i-don-t-trust-the-price-of-dash-nor-the-community-be-careful-folks-invest-wisely-diversify

Yeah I was going to share this too. How come a coin goes on pumping while others are being dumped because of BTC rally.

Is Dash so good that it can surpass BTC ?

Come on do your own thinking about it, for me it is clear manipulation

how is dash surpassing btc when 1 dash is only 0.025 btc? this is the real value to dash related to btc, not the one pointed in $, dash currently is 40 time less expensive than bitcoin, a long way to go to beat bitcoin and i think dash is pumped because it's a big coin with asic around it pretty much like litecoin

This is very nice surprise but this was for expecting. Monero will join this race soon. Other coins could face with troubles, ETH could be one of them. I think it is not too late to join Dash ride, this will go to 0.05. Slowly but surely those coins rising and having their historical high.

This isn't a pump and dump scheme like with Monero, which is now going into its more bloody dump period .. no this is the market dramatically re-evaluating Dash.

Key factors at play here :

v.0.12.1 was implemented without any problems and it introduced Sentinal, a powerfull piece of software that run beside Dash's blockchain and allows Dash to make future upgrades
far more easy and fork-free.

Dash Evolution (a major upgrade further down the road) will have further scalabilty solutions and its release schedule has been bumped forward recentely, when it was announced that the alpha version
can now be exspected somewhere midyear 2017, this was made possible through additional funding that has expedited the development of Dash Evolution by attracting and hiring more developers.

Dash also made some powerfull partnerships lately and through its decentralized budget funding managed to have its cryptocurrency added to a major new exchange with FIAT pairs.
(exspect an announcement about that in a few months).

To answer the OP : no i have not made any money as i'm not spending any Dash, i save them so i can start a (new) masternode which will provide me with a steady stream of masternode payments
(on annual basis something like 10%).

link : https://dash-news.de/dashtv/#value=1000
link : http://178.254.23.111/~pub/masternode_count.png

So what happened with all the accusations of the premining stuff, and also all the potentially exploitable weaknesses given the masternode model, which would be easy for authorities to neutralize?

I remember having some darkcoins, and since then I didnt pay attention to this project.

How does this scale compared to bitcoin?

The problem with the DASH price is that the actual amount of coins in circulation is much, much lower than the whole amount of DASH mined, because a whole lot of them are locked up in masternodes.  I know that they are not *hard* locked up, but the few people owning the masternodes have some incentive to keep them locked up, as they earn half of the mining through PoS.

But to really know this, one would need to have a dash-days burned plot, and I can't find any.  That would indicate if it are mostly a small amount of DASH that are traded over and over, or if there is a long-lasting population of dash participating in the actual market.

In other words, chances are that this is the market price of a small sub-market cap of DASH.  Or still in other words: suppose that someone paid you, say, 5% of the DASH market cap.  Would you be able to cash this quantity out in a reasonable amount of time (say, one month) without crashing the market ? 

With bitcoin, if someone paid me 5% of the market cap of bitcoin, I think I could cash this out over a few weeks without crashing entirely the bitcoin price, because bitcoin has about 10 million bitcoin-days burned per day.  In other words, a significant part of the entire amount of bitcoins changes hands.

But I can't find a similar plot for DASH.

Traders don't mind what code is running.  There's not even a need for a block chain.  Most of the trading is in Poloniex IOU.  So whatever the real performances of a crypto don't matter for traders, because they are not using it.

Yes, it is.


The instamine (not premine) is a non-issue, obviously, the creator should enjoy the fruits of his own creation. The masternode weaknesses that were described do not exist.

Dash has an elegant solution to scaling which involves the masternode network. A DAPI (decentralized API) will be created that links to the masternodes, who host full copies of the blockchain. The blockchain can scale indefinitely because owners are incentivized to keep up with the growth. And the end user will have full access to the blockchain instantly from any Evolution device (which is any device). Always going to be lots of room, enabling fast and inexpensive transactions. Hope that helps you!

I didnt mean dash surpassed btc in price but can since btc rally a lot of other alts were down and dash is the only one continually increasing.

So is dash really that flexible and independant that btc does not affect it at all when all the other alts are being affected ? Looks strange to me because that would mean dash can and is surpassing btc unless it is manipulation being made here!

Accusations of the instamining ?? do you refer to the proven facts that this had approx 2 million captive instamined in the first few hours.

If anyone has made money I expect that Evans and other insiders have probably made another 10 million dollars 10 000 000 dollars in the last few days. Of course they could not sell anything like that without crashing the market to zero. However it is good money for a quick few hours captive instamining.

* you can read up on the instamine history of Dash here : https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification
* the potentially exploitable weaknesses in the masternode model does indeed not exist just like Tao mentioned, its really just wishfull thinking from some competing cryptocurrencies
* to find out more about Dash scaling solutions, check here : https://www.dash.org/evolution/
* also keep in mind Dash masternode network already approved a 2MB blocksize increase, to be implemented on a later date.
* and last but least be informed i have cryptohunter on ignore, he plays the fanatic troll part a bit too well for my taste  ::)
 

^^^^^ true you can read a bunch of excuses and bullshit that nobody believes except dash ^^^^^^^^^^^^^^^^^^

then again you could read what everyone else knows and is proven

Below i add at the request of spot the evidence upon which I assert dash is a scam coin


Let's take a look at the first 5 h of Darkcoin (XCoin at that time)...

https://bitcointalk.org/index.php?topic=421615.msg4589219#msg4589219
Edufield said (after failed launch) that he will wait the next day to launch DRK (XCoin at that time) it is 11 pm.

https://bitcointalk.org/index.php?topic=421615.msg4591407#msg4591407
Edufield disregard windows wallet and daemon and hurry up his launch, presumably to not have windows miners on board.

https://bitcointalk.org/index.php?topic=421615.msg4592827#msg4592827
Edufield say he added four nodes for the launch at 4 am (5 hours later, despite his promise to wait). The 4 nodes from Edufield are 3 amazons AWS + another unknown (whois IP). Launch started at 3h54 am.

https://bitcointalk.org/index.php?topic=421615.msg4593601#msg4593601
Edufield said the github version was not updated, nobody could compile and only Edufield was able to mine until that time. It is 5.09 am and Edufield instamined alone 1153 block at 500 DRK + 60 block at reward 277 = 593120 DRK for him alone in about 1 hour.

https://bitcointalk.org/index.php?topic=421615.msg4593987#msg4593987
No windows wallet confirmed at 5h47 am, despite a user attempt to make one avaiable, that Edufield dismissed quickly.

https://bitcointalk.org/index.php?topic=421615.msg4594096#msg4594096
Illodin, understand dev has instamined alot of coin.

https://bitcointalk.org/index.php?topic=421615.msg4595573#msg4595573
From this list of nodes, at 8h34 am (4h40 after launch) there were 50 Amazon AWS node and 50 microsoft cloud computing instamining DRK (checked using IP whois service). This is 100/124 nodes using cloud computing to instamine DRK. We are at block 2870 and block reward is 500. From block 1153-1729 block reward is 277. After that it is 500 again hence 2294 block at 500 + 576 at 277 = 1306552 DRK (worth about 13M$ now) were instamined in less than 5 hour by Edufield and coworkers using about 100 cloud mining instances. Edufield himself instamined in not even 5 h from 600K to 1169K DRK ((1306K-600K)*100/124 + 600K) depending how many of the 100 cloud mining instance were its own. All this while having purposefully set the difficult ridiculously low and block reward 100 times what it is now.


SCAM = unfair and dishonest scheme = dash


This latest defence is so strange. Where are the victims ? what are you talking about it is there in black and white.

1. everyone who was told it was a fair launch LIKE ALL THE OTHER LAUNCHES AT THE TIME. - then prevented from mining fairly = scammed
2. everyone who was told there would be much more opportunity to mine ( then that got slashed by 75%) - prevented from mining the coins that were then taken away = scammed.

here are your victims.

3. everyone buying now thinking dash can go somewhere not knowing the scam it is will forever hold it back = being scammed.


Every dasher on here trying to scam others into supporting your scam = scammers.

I will be updating my scammers thread to add all of your names to it.

Denying a scam after it is proven time and time again to you in black and white = scam enabler and defender = scammer.


Threads examining the evidence of the captive instamine and reduction of the minting to magnify such instamining ...PROOF OF SCAM

https://bitcointalk.org/index.php?topic=999886.0

https://bitcointalk.org/index.php?topic=560138.0

https://bitcointalk.org/index.php?topic=559028.0

https://bitcointalk.org/index.php?topic=995710.0

https://bitcointalk.org/index.php?topic=999084.0

https://bitcointalk.org/index.php?topic=560138.0

There will always be manipulation, its part of how markets operate. But the simple truth is that Dash fixes a lot of the shortcoming of Bitcoin, has both an independance of budget and governance and is increasingly
getting the attention of those people who do not agree with the direction Bitcoin dev team is taking their coin (where it will end up with higher fees, still have very slow decision-making and only get funding
from centralized party's like Blockstream, IBM etc etc.). So they look for alternatives .. and appearently they found Dash.





 

Crying "Manipulation" ? Where were you guys when ETH was hyped up ? ROFL

$27.47 right now  :o

Monero = $11.73  :D

They also jumped over LTC and Monero in Market cap standings... making it the #4 coin overall.
It's also close to dethroning Ripple for the #3 spot too !

https://i.imgflip.com/122b7t.jpg

Dash is a pump and dump coin that is cleverly manipulated by the >50% supply owned by the company.

Darkcoin/Dashcoin [DASH] was pretty good when Litecoin [LTC] was having a rally as well. Personally, I wouldn't purchase DASH because it's an old coin that is trying to survive among the young and newer coins within the Altcoin area on this forum.

When $1.02 goes up 20x then there is going to be a bunch of hype surrounding the coin by people that want you to enter in the trade so that they could dump coins on them. The only thing that I like about DASH is how volatile the chart movement is because people could daytrade by riding the waves.

DASH won't surpass Bitcoin BTC in USD value.

Tell them Spoetnik, they are all paid FUDers. DASH is future of all Crypto!!!!

BUY more DASH. DASH is Life!!!

Spoetnik says dash is a scam? what are you talking about?

He dislikes monero more but he will confirm for anyone asking in public here that dash is a scam.

I'm sure he will confirm this for you here and now. Just ask him.

Please quote him if he does--I'd unignore him, but why?

I am not that sure. What matters is what I say. DASH is Life!!!


All here are paid FUDers that want to make DASH look as scam just because DASH will first kill Bitcoin and then will slack Visa throat and after that will chase Western Union all the way to Philippines and drown them in a spoon of water.   And when all that trash is done, DASH will publicly execute USD!!!


Whoever dont agree with me is paid FUDer!!!

Excellent cross section of views.

Was that Irony I smell in your post?  Are you so afraid that you cant talk normally?


DASH technology is so advance that number of transactions had not moved a bit in last 3 years. Scaling problems? Never in DASH!!!

https://pbs.twimg.com/media/C5X0b-LWEAAr4-f.png


And not only that we even plan to reduce them by half in next year!!!!




DASH is Life!!!

Here check through spoetniks post history in this thread...  hence why he is an excellent poster. He doesn't like scams.


https://bitcointalk.org/index.php?topic=560138.0

there are many darkcoin scam threads where he calls it openly as scam.... and when people tell him that is fud he says it is purely facts no fud.

Lots of goodies in that thread like just one of the devs admitting hundreds of thousands of darkcoins in the first hours.

In the light  of the overwhelming evidence......... can anyone not know and accept it is a scam.

Love Dash. Increases my Bitcoin by removing them from the hands of those dumb enough to baghold Dash. Two birds killed with one stone.

Wasn't this thread asking if you made some money in the Dash pump  or is it for the Die Hard Dash fans...I'm confused.

I just noticed my wallet that i use online added it to my available currencies to have a wallet for.
Last time I logged in it wasn't there.
But now I had a dash option added for me to use all the sudden with the address already set.
So I guess they were just ready for it going up all the sudden.

Pretty believable when I had NEVER seen an example of someone using Dash (or Monero for that matter) outside of speculation.


Bitcoin is pretty much the only crypto used in a non-speculation fashion other regional uses like Gulden in Netherlands or XEM in Japan.

coinmarketcap needs to be replaced by a more truthful service.

Coins which are locked up as deposits or for example STEEM POWER which are locked up for 3 months (originally 2 years), should not be included in the market cap computation, because it is misleading as to the ranking of ecosystems.

Also I would prefer to see the ranking be by default the liquidity, except the problem is we can't prove that large holders aren't buying from themselves to pump up the faux liquidity.

Wouldn't a statistic which shows the average price and volume of bids be more reflective of reality?

I love how TRIGGERED the Monero guys got earlier LOL
And agreed Shelby.

I grow tired of saying Monero this and Dash that..
I was simply laughing at the coin prices.
You think i was expecting Dash to kiss $30 ?
Hell no i am as surprised as the rest of you LOL

And pumped ? Well it if it was then it's been a slower gradual style pump.
This was not over night !

Rather than being worried about what Spoetnik thinks Monero shill's you should look in the mirror.
I spent the last week or two asking you all commenting on this topic what the future of Monero was exactly
and all you could do is create diversions, attack me personally and launch Dash attack topics.
I never did get an answer either..
Which may have something to do with coin prices.. think about it ;)

What was Monero's long term goal again ? Dark market usage the end game ?
Feel free to go bump the topic if you feel compelled..
I may have my new crypto-protege deal with it though.
You see i have decided to farm out my FUD and be a Crypto-Mentor  8)
This is some next-level prestigious type o shit up in here http://i58.tinypic.com/iz2u68.gif

Carry on nothing to see here ..just Dash Domination.
DASH IS LIFE !

This is why I wanted a plot of DASH-days destroyed.  Of course, with monero, that won't even be possible because it is anonymous, but DASH essentially being bitcoin with automatic mixers, it should be possible.

As monero doesn't have a hierarchy, there are as many long term goals of monero as there are users.  My view on monero is that it is, as of today, still the best currency to do economic transactions nobody has business with.  Call it "dark markets", if you want to.  I call it "economic freedom".  For that, monero needs a sufficient market cap (it has that now), shouldn't be too much of a gambler's token (its price is already a bit high for that, I would like it to go down more) and hopefully, should stay sufficiently under the radar for the moment.

Dark markets are a typical application.  I'm not saying that monero should be THE dark market payment (in fact, ideally, there would be several different payment systems on dark markets, a monopoly is never good).  But rather the opposite: IF you want to use dark markets, for goodness sake, don't use a transparent coin like bitcoin !  You must be totally nuts !  You are graving publicly for ever in stone what you've done.  Dark markets are a typical application of economic freedom where you have to hide from the state, the kind of stuff for which crypto was made.  But there can be other applications of economic freedom, that can be more peer-to-peer.  That's where coins like monero have their place.  No need for "general adoption". 

No dash coin is just increasing the price but doesn't mean it becomes the winner or can replace bitcoin,
on every altcoins has fluctuation of price, the winner is still bitcoin although there are chance for getting profit from trading dash coin and unfortunately I don't trading altcoins in dash coin :D

Go out of this thread you paid Monero shill!!!  How much he pay you? There is only one Monero owner anyway with 10000 accounts here and on reddit and on twitter. That is thread for you go shill your bag there https://bitcointalk.org/index.php?topic=753252.msg17973905#msg17973905

What is atmosphere among Monero holders, now that DASH dethroned it? I think they will be fudding like crazy, they are very shilly people in my experience.  :D

I think dash is the new swisscoin/

no the NEW MONERO

Your price jealousy is obscene kid LOL

dash is too centralized for my taste, isn't it better to use bitcoin with a mixer? i can't see the reason to use dash, at least monero have a better anonimity over bitcoin if you want to remain hidden, i didn't look at the spec of dash but this coin have at least better block limit than bitcoin and less fee? if not what's the point of this coin?

Who cares if Monero and Dash are scams when you can make good money on every pump and dump..This is endless lovely game of whales were once completely outsider can make really nice money. And imagine what he thinks about them?!
I love Monero and Dash , and i hope one day i will say same and for Cloak coin! ;D

Scammers take capital out of the ecosystem and spend it on crack, Yachts, booze, and prostitutes.

You personally may get richer (if you are a good speculator), while on average the ecosystem gets poorer, unless of course we are bringing more new fools (and their capital) into our ecosystem from outside of it.

So eventually there could be no ecosystem remaining for you to speculate in.

My opinion is we have a window of time (5 - 10 years?) within which to leverage this opportunity to produce something really significant that could help the world. And to produce a $trillion marketcap.

Any way, please continue what you are doing. Hopefully those who developers who are serious will find a way to operate within this ecosystem so we don't lose the potential.

No I don't make money because of dash coin pumped and I am not trading in dash coin,
but some traders, investors, comunity of dash coin of course they has made money.
Unfortunately I don't make investing on dash coin because of I don't know about
the fundamental of dash coin and must be learned before make investments.

Exactly, whales are just watching for a hype or FUD to do some pump&dump or just a dump an then buy cheap. It's sooooo easy for them

You can start your learning process here : https://www.dash.org/

Short supply, as many coins are tied up in MN's

I want to see it dethrone Ripple at TheCap  ;D
It's getting sooo close too !

No.. i never made a cent on any of this.  :'(

Ripple is bad and needs to be burned with fire.. take it down guys  >:(

http://i67.tinypic.com/2hs2lh2.jpg