Apparently, as posted earlier, there is a popular game that is being illegally downloaded with a dash miner hijack in it where it's taking control of people's (probably pretty good gpu as the game requires it) and mining on coinmine.pl This is causing, once again, for coinmine.pl to have more than 50% of the hash, and these guys are finding a ton of the blocks (hence earning a ton of coins) and they're immediately dumping the coins they mine. This is also causing difficulty to be high.
So, I guess until those fools figure out they're paying the electricity bill and wear and tear on their computers for someone else's gain, and uninstall that game, this will continue.
So, we will keep bleeding and the DASH price will most likely continue to drop as long as a "illegal hijack" (I guess this is criminal, no?) is in place? And we do not only depend on Otoh's good will to keep the price at $2.00 but on the "fools figure out" someone placed a trojan to their systems??? Unless I am not understanding a word of what you're saying it can't get more delusional than that. Coinmine.pl (is this you Slawek??) should do something about it. Authors of the game should do something about it. The community should start combing the forums etc., connected with that "game" -- but sitting here and rolling our thumbs like it's a no big deal is suicidal. Anyway, I don't really see any point in fretting over the price. If you're a trader, well, every price change is an opportunity, so I guess good luck there, but for people like me, it really doesn't matter. I've learned not to take it personally when the price drops. I used to get sad, feeling like we're over-looked, which we are. But now, I see it wouldn't matter anyway. It's going to do what it's going to do until adoption happens. I'm currently just hanging on to my coins and trying to find other ways to pay for my bills. I won't sell at this price  If a price drop is - partially or mainly - due to someone's criminal activity it is a reason to sound a red alarm. But I do not really understand what's going on with that hijack (I'd greatly appreaciate if someone would venture to educate me / us on what all of that really means) so let me replay about point of fretting over the price. A price is a VALUATION of the product. Given that DASH trades in a way that resembles stock markets or any other financial markets it reflects FUTURE VALUATION of the product. It gives it gravitas, value, a reason to invest. This is, after all, as Otoh wrote several messages above, an investment vehicle. Yesterday, the last time I checked, 52.48% of all DASH were 'locked in' Masternodes that are income producing (think bonds interest, Evan's old idea) investment vehicles. So now think of an established company that rolled out an epic upgrade / new product. And imagine why would its price go down. (if it did NOT go up anticipating the news). Think of a startup that has gotten monies from an angel investor but after a major update no venture capital wants to give more, but instead is offering less? What that would be? So, any long term negative price movement indicates that something is rotten. And this is indeed a reason to fret and worry and ponder and look for a solution. If DASH would go to 0.001 as you claimed Otoh is capable of producing such a dramatic drop, do you really, honestly think it would survive because in five years from now it would be "adopted." A bit of seriousness - on the business, marketing, market side - from the community is needed to, at least try to match the seriousness the developers are showing as they are leaping forward. This is not a joke, Tante. You should know that. It is easy for me - I am out - and this discussion does not make me confident that I should go back. And I was into Darkcoin from the start. And I admire Evan. And I believe in the product. And I follow this thing in and out. So, how to you think all of that transpires would bode for someone who is pondering investing... |
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5) market anti-climax after yet another stunning release
Anti-climax? What / when was the climax, pray?  |
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Every single bid and ask influences the price, yes I make larger ones sometimes but to call that manipulation is really just your arbitrary judgement of what others are doing which is identical to you just on a larger scale, anyway it's how it is, glad that you enjoy the transparency at least.
Love semantics ("A rose by any other name would smell as sweet," or "what the meaning of the word is is" approach are my favorites) Manipulation or market moves according to your intention(s); it does not really matter. Your transparency, taken with a grain of salt (I am sure you'd recommend that approach also) is more than welcomed despite the sentiment. As a result of this overall discussion I halved my intended (future) percentage of DASH in my portfolio. So Otoh decided to push the price down to 2$ and this is what is happening, and we are supposed to be happy for some reason?
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Hmm... so yet again one investor singularly influences the price and causing many to lose? (some can't withstand the loss, some need cash for private emergencies, some dislike manipulation...)
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Do not put funds that you may need for emergencies into such a high risk vehicle as crypto  buying and selling is not manipulation, it is normal market operating  the market decides the price, I am a part of the market but only a small part of the whole  Come on, Richard - I am sure that you are fully aware how much respected member of a community you are (part of the respect comes, I'd guess out of awe that one single investor can have so much money invested into such a high risk vehicle) but if you, as a "small part of the market" can drive the price down - at will, since it was you who put a $2.00 "wall" and it was you who had cleared all small orders in between 0.01 and 0.009 and by doing what you're doing you're directly influencing the price, than that is a manipulation indeed. In the fiat world where my investments are doing fine, we all hate "manipulations," high frequency trading that drives the price etc., so I wonder, why would I be tolerant toward bot operators on Cryptsy or even toward you when you could, as Tante said (not naming you) just few posts above, drive the price down to 0.001 at your will? Your transparency and support for Darkcoin as it started are, needless to say, commendable, but if you are a market maker, what is the benefits, for the community, for the price's health? (all that nonsense that the price does not matter is just that, nonsense - many a stock destroyed a sound company when it was attacked by short sellers) Like there's no "market" in the "real world" where all is fucking manipulated by the Fed, by the likes of GS and hedge funds HFT scum, there's no market in DASH where you totally dominate. Do not get me wrong - I have nothing against what you do, this is how it is and I can either enter back now (I sold of of my DASH when I started to look at it not as a cheer-leader but as a prudent investor expecting a price drop) at sub 0.01 or wait or leave this game entirely and I am truly grateful to you for your transparency for it gives me more data to mull over pulling the trigger or not, but do not hide behind the "market" if you, to a great extend, sometimes and perhaps well too often for my taste, create the said market Having said that, my hat off to you, noble Sire. |
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otoh[/b] I decided to do some controlled burning just now, rather than let the price drift down I cleared out all the bids from 0.01 to 0.009 and am moving the BTC to USD for my $2 bid wall, I think this may help but who knows - the market always is right and will decide when and where the price goes. The bids are repopulating now somewhat, I'm actually super optimistic for the prospects of DASH, but if the market wants to see how low it can go that's fine by me, when it finds out I expect a mega bounce, I may even precipitate it as I have approx $0.5MM war chest atm should I choose to use it or some.
Deep pockets + Long arms = Broad shoulders... You da man, thank you Otoh, sir! Don't thank him for dumping. Hmm... so yet again one investor singularly influences the price and causing many to lose? (some can't withstand the loss, some need cash for private emergencies, some dislike manipulation...) As a result we're #6 on Crypto-Currency Market Capitalizations and it seem we soon might drop to #7. This is a significant difference from being #4, a place we mostly held from March to July. So, as I see it, the future of DASH firmly lies on the shoulders of Evan, Holger, UdjinM6, Francis, Mario, Alexandre and Crowning (not to forget Moli, Slawek and Robert and all non-really-tech guys like Balázs, Tiago, Daniel, Fernando and now legendary, indefatigable Phillip / Tungfa) and their stamina. There's not a single person in this list I do not trust, i.e. all of them look more than trustworthy so the time, given the price, to come back and invest yet again has come. I fear the price might go lower, but than, it would not be that bad for an investment... Very, very curious to see how this will develop, both the short-term price and a long-term outcome. |
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0.00999999 OUCH.
While this a good starting point for me to start - yet again - buying back I am not happy with the price movement at all... damn it...
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Actually this paper is quite special and we're going to release this the correct way. This is going to be huge The true irony is knowing about this project so early in it's life and not seeing what is right in front of you. That's going to sting in five years...
THIS is real -- when you have a genius developer who had been delivering on his promises for months and months stating something like that... |
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After doing extensive researched on DASH, and the developers behind the coin, I have decided to invest. I really think DASH has a bright future ahead of it. The developers behind DASH really are passionate about their work and all they want is to see their baby succeed.
Whomever is doing this seems to me as a troll, but this time on our side. I dislike this shite more than these spouting garbage, it feels so phony and reeks of despair. If this is a legitimate new user / investor, I am sorry for my skepticism, but it would take something more than one post to convince me. |
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Furthermore, if you think the famous individual is Otoh I have to disagree with it, because he is mostly really transparent about his actions. Indeed. Maybe it's his pal, to whom he sold a pile of Dash, carrying out a precision liquidation of 1013 Dash every 90 minutes  Did you say 1,013 every 90 minutes? How many of these? BTW - all these nonsense trades of 0.05147962 DASH etc., these are robots? Where are they coming from? |
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The Cryptsy stuff could be market making activities by a certain famous individual. What makes me think that is that the bids keep getting replenished in response to the asks.Dash is now starting to fire on increasing numbers of cylinders: • iPhone wallets introducing a new commercial interface that "plugs" Dash fully into the bitcoin retail economy • an industry wide lead on governance initiatives plus the technology to support it, already launched and trialling • formal methods implementation • professional market making support on exchanges • an authoratitive and growing documentation wiki • increasingly prolific worldwide localisation support I have to make a small refutation regarding this. You are right on the bid side. However, a real market maker wouldn't put up such a big wall, but rather divide his DASH into small(er) asks to provide liquidity (which in essence a market maker is). What the purpose of the wall really is? Probably to drive down the price, but where it will stop nobody will probably know. Furthermore, if you think the famous individual is Otoh I have to disagree with it, because he is mostly really transparent about his actions. I am also curious to hear would a famous individual comment. |
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This 52 / 51 reversal does not help either. What's a "52/51 reversal" when it's at home ? from tungfa: We've just revoked the release of .52 Please stick to .51 until the new version is fixed. |
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Looks like we might be headed for a revaluation. Someone's been dumping 4-figure trades for days on Cryptsy and eroding all the support.
Possible re-settling at 0.008.
This 52 / 51 reversal does not help either. I sold all of mine a while ago, my MN included, so I do not feel it would be appropriate for me to say anything negative as I do not have a stake in this project anymore. But if this thing goes down to 0.008 I'd be back with a vengeance, yet ready for 0.006 or lower. A lack of volume, overall shitty world and stocks markets on the verge of breaking down do not bode well for an alternative crypto asset, even more so, for a fledgling one at the time the Bitcoin's own future is not clear at all. I think what's going on is most likely the biggest challenge this community is facing. Is there enough stamina to withstand a lack of any tangible progress outside tech advances? |
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We seem to be in a real downtrend at the moment, anyone else think sub 0.01 is coming again?
Damn, if you, of all people, Artoodeetoo, being the biggest price cheerleader is asking this question I wonder are you correct... |
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Goodbye reference node! haha
Step by step, dash will be BIG
when..?? August 29th It is not nice to mock a newbie while everyone knows DASH will be big on 11th of March, 2016. |
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For those of you experiencing stuck 'synchronizing masternodes list' : https://github.com/dashpay/dash/issues/527Yep, that's ok while we are in the process of migration.
There is no need to wait for it. Everything else besides DS and IX should work as expected, you can ignore it for now.
Syncing should fix itself once there is a significant % of upgraded masternodes. Thank you for this info. Now I can go and sleep And for the team and their tireless, successful efforts:  |
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I would like if community support rebranding DarkSend to privaTX
instanTX and privaTX should be the TMs of the DASH
It would be great if privaTX is going to be used in new ad video instead of DarkSend, what you think?
Long Live DASH!
This sounds great, I vote for instanTX and privaTX! It makes sense. DarkSend was a property of Darkcoin and everyone and their grannies were against the "dark" in the name. PrivatX is good for branding altogether with InstantX. I would vote "YES." |
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Lets speculate for some time now as we are bored atm What do you think about btc fail-breakout through ~300? I think that btc have no longer steam power to push it through 300 again, thus it will fall at minor support at 245-250. I don't think it will hold for long and fall lower. My exit plan is at 225 if the price happens to go there without any significant resistance and I'm going to leave crypto for some time. I will be waiting at ~130. Though there is a chance that the price will bounce between 225 and 300 for few months and I will be watching closely if there will be any signs to break this period and skyrocket to higher levels. If btc price falls, altcoins falls at higher speed. I hope that Dash will hold strong. But it's only a hope. Any thoughts  I don't think anyone has a real clue what would happen with the price. I sold all my BTC at $289.00 on July 29th and am very reluctant to go back. I also sold half of my DASH because I am scared of the short-term price movement while hopeful to be able to load up if the price of either BTC or DASH plunges. DASH team / development seems as a project that has stamina (not to talk about the vision) to stay in this brutal game of changing the world of finance long term and to emerge as a winner, but with the world falling apart I have absolutely no clue will the upcoming stock market crisis result in crypto also crashing or not. My overall feeling is that what's going on in the real world keeps the masses from anything new and abstract like crypto-currencies. I have clients all over the world and tried to introduce either DASH or BTC as a form of payment because costs of wire-transferring the money or PayPaling it makes a huge dent in our already thin margins but no one even wanted to consider my suggestion. And these were all IT people... This does not bode well for a long-term prospects. In the nine months since I gather the data, a number of Dashtalk members rose from 1,853 on November 6th, 2014 to 3,160 today, August 10th, 2015. So, 1,307 people, or 130 per a month or roughly 4 - 5 people per a day are entering this sphere. The growth in this particular metric is flat-lined so the interest is not picking up despite really mind-blowing revolutionary advances Evan and the team are making. We're still a lunatic fringe of a marginal movement that might not be a bad thing at all but will the humanity, as fucked up as it seems to be, be able to grasp and embrace a whiff of freedom it is given is entirely beyond me. |
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Imitation is the sincerest form of flattery. |
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Great, thanks. That's a very nice summary of DASH's advantages... |
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