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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 30, 2020, 04:06:12 AM

Dash's utility features only make it competitive as long as we retain a high level of Proof of Work. They are available everywhere else EXCEPT in high POW coins.

So throw away the POW and.....baby.....bathwater.

MDGA and cancel the doom factor of the two posts above by restoring POW without any loss of utility.

Perenial bed wetters (nocturnal enuresis) like toknormal would have you believe the sky is falling in and dash is losing hashrate at an alarming clip, but that is not the case at all, the hash is still close to historic highs and the coin continues to garner its security predominately from POW.

https://imgur.com/a/wvv38vR

162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 30, 2020, 03:57:18 AM
ETH is one of the better shitcoins, but even ETH is on the Bitcoin ratio is just awful.  It just goes to show how difficult this current market is on poop coins.  LINK is the same, once the market darliing, now an outcast.
https://www.tradingview.com/x/DIK1ScTj/
https://www.tradingview.com/x/GX3dBmqq/
It's easy to say Oh DASH is Trash, but if it is, it is in good company.  Yes, I am aware that it has performed worse than other alts, not disputing that part.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 29, 2020, 10:18:39 AM

Fast payments are no longer interesting...I hope I'm wrong and so be it, because I think this coin is very undervalued for what it can do right now.

The problem is that many people in the Dash decision making process don't understand why it's undervalued.

Dash's utility features only make it competitive as long as we retain a high level of Proof of Work. They are available everywhere else EXCEPT in high POW coins.

So throw away the POW and.....baby.....bathwater.

MDGA and cancel the doom factor of the two posts above by restoring POW without any loss of utility.

No, Pang is right, the reason why the coin is undervalued is because fast payments are no longer an interesting or a desirable property of a coin.  Wasting more money on needless toil (mining) is not going to make DASH any more desirable in a world filled with SOV narratives coming from a new wave of mega billionaires.
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 29, 2020, 03:27:12 AM
DASH vs BTC is in a bit of a steep descending wedge which normally should break to the upside. Given that DASH is making new all time lows let's hope so.

Should break up no later than Jan 3 but likely before... maybe as high as 0.0047 BTC. If it can break above that then there's resistance at the 50 day MA which is roughly 0.0049 BTC now...

BTC looks like it's overdue for a decent pullback (30% dump) but it looked that way when it was around $24K as well so maybe it still has enough gas for a run to $30K before it tops out for a bit... if it follows the pattern of the last 2 cycles it's this next pullback that fuels the beginning of alt season...

Techincally this makes sense as we reach a selling climax and eventually they will be exhausted and then a reaction up can be expected before the down trend resumes.  Also, we have the Evo testnet release in 24 hours and that milestone is bound to generate some interest in the coin, so a bounce here seems likely.
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 28, 2020, 04:39:56 AM
"Stop making assumptions about me, you know NOTHING about me, now fuck off!"  Shocked  Grin Grin


Now, recommendations, through a private message from a clown who names me, insults and despises me in his posts, he invents arguments about me to try to ridicule me in front of the community, without my even addressing him.Anyway, I'm used to his chase on Reddit, discord, etc ... and by the way ... on all those sites he finally goes with his hot ass.

@xkcd you are a liar, censoring troll trying to silence dissidents in DASH ... and an ass-licker of the worst corrupt parasites of this project. Let people communicate and criticize the pigsty that you have turned DASH into and find out if it is possible to save / improve it.

Fuck YOU, garbage. And bring open opinions ... we are here to improve DASH, not for private personal paranoia.

Have a nice day.  Wink

You are a lying piece of shit, where is your off button?
166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 26, 2020, 04:18:54 PM

The reason for the concern is that mined cryptocurrency has two markets:

 • the blah blah blah.
 • the bullshit, blood and bile..


Another absolute load of crap.  Sentiment drives these markets.  Depending on how good the social mood is will drive the price, in an upbeat market the price will lift up, in a downbeat market it will fall.  You know this and hence your constant shit posting to try and discourage onlookers.  The emission of the coin is perfectly fine and it matters not whence the coins came.  With a positive outlook the DASH price will do well and with a well doing price the outlook will only become more positive.
167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 26, 2020, 04:04:45 PM

2/3 of my position in DASH to Cardano and LINK at the beginning of the year ... and I get almost 500% from them today.


I hope you get REKT and can no longer afford internet so we don't have to suffer through your incomprehensible rants you moronic lunatic.
168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 24, 2020, 07:41:22 PM
yeah, not one of these mnodes motherfuckers have the guts anymore to write here their bullshit?  of course not, more and more people are aware of their bullshit now. or maybe they all got Covid 19....divine justice!

The majority of the bullshit in this forum these days is coming from you and Purple Lardo lay off the crack and try posting something useful instead of your bitter remarks on how you resent those that made better investment decisions than you.
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 21, 2020, 06:38:44 PM

he always throwing you off track/subject, that's what he does. your efforts are in vain, that's his job, to mask and alter the truth all day long, everyday 24/7! but your efforts are much appreciated! we all see who wants to do good and who's the scammer! 


Slither back into the filthy orifice whence you came, greaseball. 
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 18, 2020, 04:27:37 PM

About as smart as replacing gold with sand so you don't have to pay miners to dig it.


Lie!  A DASH is equivalent regards of source (Miner/MN).
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 18, 2020, 03:50:18 PM

Miners meanwhile are a business. It's a very different model. They're not investors in Dash, they're investors in mining equipment.


Bravo!  I couldn't have said it better myself!  Are you coming around to the way of the SPORK21, Tok?  Grin  People buying 1000 DASH collaterals are however investors in the network, that is why Ryan Taylor tipped the scales to favour the Mnodes and drive further investment into DASH and not Bitmain.  He sounds like a smart guy don't he? Cheesy
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 12, 2020, 06:26:34 AM
Dash was once 1000$+, now it’s 80 bucks.
 Huh

Yeah, amazing ain't it.  So, we know DASH was $1000 and can reach that again, then maybe buy DASH now for possible 10x pump?  Or buy bitcoin top?
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 07, 2020, 02:17:57 PM
Yeah, my head is spinning from all these 180s, I wish we could make up our minds as to what the 'self evident facts' are, sheesh!  Huh Huh Huh
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 07, 2020, 01:29:57 PM

Remember to keep not addressing the case that...


and remember to keep lying, your assumption that miners run masternodes is FALSE, you don't even deny it now, if there were a shred of truth to it the voting data would have shown the miners voted against the reallocation proposal and they didn't.
175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 07, 2020, 12:45:27 PM

Please stop trying to deflect statements that are academically self evident...


Please close your fallacious pie hole, Tok.  How then do explain that a whopping 1144 Masternodes voted in favour of of the mining reallocation back in July DAO poll and a pitful 91 masternodes (I assume these are run by you and afbitcoins and the rest by miners) voted no on the poll?

Source:
  https://mnowatch.org/the_results_dashd_2020-07-27-02-15-58.uniqueHashVotes.336.html

Please, just please stop trying to pull the wool over our heads, it only makes you look more foolish.
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 06, 2020, 06:36:15 PM
got it! that's a NO/don't care answer! good to know

Crawl back into your pitt, wench!
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 02, 2020, 03:37:48 AM
I wonder how long this discussion and effort to change toknormal perception will continue, toknormal will never change his views and will never adapt his perception or change his assumptions.
This is a discussion that has been going on since July this year (if not longer), maybe it is time to give it a rest.

I agree and I am going to give it a rest now that I destroyed Tok's argument and understand his misstep.



I am just glad i live in The Netherlands and that we have a rather relaxed property tax on anything relating to virtual currency. With no difference between miners or masternodes, no difference
between Bitcoin, Dash or Litecoin or all those 5000 other Altcoins, no difference between holding traditional stocks or holding crypto or holding Euro's on a bankaccount (they all get property-taxed
the same way). With Germany crypto falls under private money, if it has been hold more then a year (it gets exempt from capital gains tax then). This of course encourage longterm crypto holding in Germany.
Yep, tax regs differ from region to region, something Tok chooses to ignore.


I also think that toknormal behavior has been influenced by the (changed) jurisdiction of his country regarding masternodes and how masternode rewards are subject to income tax in the UK, i think it indeed has colored his perception. Nothing that can be done about it though, from what i have seen from toknormal so far. It is strange to see how jurisdiction can have such a profound influence on how people treat crypto, plan their strategy around and base their assumptions upon.
Ding Ding Ding Ding Ding  BINGO !!!!

Smashed the nail on the head right there!  Tok is simply applying the same crony accounting as his government is doing and coming up with the right answer when using the wrong equation, he is subservient his Majesty and apparently free from independent thought.  DASH like Bitcoin transcends imaginary borders and state lines, it is truly global in nature and needs to be accounted for as such.  Trying to pigeon hole it into some crony institution’s understanding of it will only lead to grave errors in the accounting of it and ultimately for Tok heartache and upset as he fails to understand why the coin does not adhere to his faux model applied to it.


178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 01, 2020, 04:01:47 PM
Then two things happened leading up to 2017:

 • price skyrocketed, sending redundant masternode revenue (holder "profit") into orbit
 • the masternode network became fully populated

Since then we've experienced a 3 year continuous bear market and collapsed out of the rankings almost to doge coin level.


I agree with this, when the price was low the masternodes were not that profitable, I remember someone telling me that when they first started with their masternodes it was a loss maker initially.  Now since the price went up so much the profit in them is well above cost for now.


Quote
The second thing was that I was forced to review the way I looked at and accounted for my own holdings. This was because, up until 2018 I had always casually regarded MN returns as a growth in capital (and took accounting advice to that effect also). So a growth in holdings would represent a capital gain if the overall value of the holding had increased and a capital loss if it had decreased.

But at the end of 2018, the UK tax agency released a fairly detailed document on how crypto holdings and earnings should be accounted for which specifically required the likes of masternode rewards to be reported as income (in line with how other countries do it). As professional background,  blah blah....

OK, here.  Now I understand where you've gone seriously awry.  Let's pause here a moment and dissect it for you.  For some reason you think your government's tax department got it right how to tax MNs rewards and using their faulty accounting you apply that to the network and come up with 2+2=5.  I see that now.  Let's fix that for you.  The govt says that coin your mnode mints at the time it spits it out is instantly your income at market rates.  Now hang on a second.

  • 1. Even if you wanted too, you can't sell a mined coin until after 101 confirmations.
  • 2. It has no value til it is sold.
  • 3. You don't know what the market value of that coin is until you execute the trade are a matched with a buyer.  We have liquidity issues, panic pumps and panic dumps, the ticker price of DASH is just an estimate, the actual price you will only ever know until when you execute the trade.

To give you an analogy that might help, a gold miner recovers some gold from the ground, Her Majesty does not declare that those gold are immediately deemed as income, instead the gold is refined and SOLD on market at which time it is ph ucking income.  Furthermore, the government classify cryptoCURRENCIES as commodities because they are terrified of losing control of the fiat scam, but in doing so, they must tax it as though it were a commodity which is valueless until sold!  Instead they are treating it as though I paid you in pounds for services rendered, that is not what is going on here.  I am (the network) paying you in clams that are valueless until such time as you convert them for actual money.

You've made a mistake here by not recognising that DASH is not money in the eyes of the government which accounted for in pounds, dollars, or whatever the case may be.



Now onto the discussion of costs, you claim the masternode network costs $300M per year at $1000 DASH, but it doesn't,  the hosting costs are far less than that. What does cost that much is the mining which you've said here is barely profitable below $100 USD per coin.  So, miners are forced to sell to pay for electricty (the major expense) and for that we get an abdundance of network security over and beyond what the network actually requires.  So, DASH's electric bill if you will is very large, it is like we don't turn off the lights in rooms we are not using and heat the pool all year round.  Ie wasteful.  OTOH the mnode network is quite efficient, MNOS have the ability to save a large amount of their reward, so as history has shown, the price is largely dictated by the mnodes.  Now here's the thing that you don't understand at all about investing/trading.  It is all a confidence game, if the MNOs are feeling confident and bullish, they will hold back DASH in order to sell it for more later (greed).  OTOH if they are feeling bearish, they will preferentially sell now for fear that future prices will be lower.  The MNOs have this option because a large part of their reward does not need to be cashed in for expenses.  This makes the price of the coin far more volatile than others, eg Bitcoin.

Understanding the psychology of the market is front and centre in understanding the price moves, you've simply drawn the wrong conclusions by over thinking it .  You'd think someone that has been in this space as long as you and dealt with a thousand morons like purplelardo would know this space is far less sophisticated than you think it is.

Here's the thing, look to the confidence in the mnodes to see if the price pumps.  If they are confident, the price will pump, if not it dumps, everything else is a diversion.
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: December 01, 2020, 07:03:59 AM
I didn't sell my dash yet...sorry to disappoint you, go fetch me the remote

LOL, I thought as much, all bark and no bite, eh?  There's a good boy now roll over and play dead.
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: November 30, 2020, 02:33:55 PM
https://mnowatch.org/legacynodes/ is correct, I had a small bug where a few nodes were a little sticky, but they are unstuck now.  The bottom page summary eg
427 nodes listed of which 47 have been spent.
should be read as such, since the SPORK 21 was thrown, 47 collaterals have been moved, perhaps sold, rebirthed, or simply parked. 427 - 47 = 380 is the list of remaining nodes running on old versions of the DASHD.  Tok, are you nodes still among them?  How's the famine treating ya?  Feeling famished yet?  Grin Grin Grin Grin Grin Smiley Smiley Grin
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