There is no need for this i agree ! let them do their thing. vertoe said from the beginning he will do that coin as an experiment but will not be full time and they should not be counting on him, we are all thankful for the hard work he put into DRK, and he moved on .... and done let this be ! Relax, it's just an update, but I stand by my comments. |
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Vertoe update:
....
Now, now. He put a lot of effort into Darkcoin (like a lot of people), no need for all that. We are putting a lot of effort into Dash. We don't just leave in a huff because something isn't going our way. And then proceed to become the very thing we were protesting against. I am not sorry to see this happen to him. Where is he when his coin needs him? Darkcoin had some forks too. It's the price you pay for the active development; developers take risks. I hope it ends well. Forks are good for development. Not communicating with the community while it's happening is the height of irresponsibility. |
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Vertoe update: After much fanfare creating a new announcement thread which disparages "Darkcoin", the Cachecoin network, led by Vertoe's updates, proceeds to fork multiple times. Vertoe then goes MIA and still has not been heard from. https://bitcointalk.org/index.php?topic=1072284.msg11476586#msg11476586Running your own coin is not as easy as its cracked up to be is it Vertoe? Have you become the centralized entity that you unceremoniously criticized Evan for being? Now, with the DGBB, Dash has overcome these very issues that you were complaining about. Peace, Vertoe, if only you would have stuck around a little longer... |
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ohhhh man. Cant believe im going to own up to this but last night I had a dream that dash was going to see one last mega pump before it dies and this morning before work I bought 3 btc of dash to be ready for the pump.
Am I the only one here who's having dreams about a dash pump or are there others?
This is really funny, because I dream that the price increase to 0.2, I din't have the second part of your dream. It was two days ago. It was weird, It was in something like an airport hall, and in the panel where there are arrival/and depart plane they was the live price of DASH with grafics, and all people in the hall was looking at it, and in less than 2 hours go from actual price to 0.2... When I woke up and directly check bitcoinwisdom.. Where do I sign up for these dreams? They must be lovely.... |
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I'm trying to understand this masternode system correctly. Currently, masternodes get paid less than $2 per day. That's not a lot. It takes 1,000 DASH to buy a Masternode. Where does the money that pays these nodes come from? From the miners?
More Masternodes = Price up initially to buy 1, then its Dash price slowly goes down each time the masternode owner decides to sell some of his earned DASH. So basically want is happening is that the value from the miners get's transfered to masternode owners.
Let's say lots of people want DASH for multiple reasons: anonymous, fast, voting, decentralized, etc. and the price rises a lot. This would mean that it would cost more to buy a Masternode. The higher the price, the more money you need to buy one. That means, that eventually, the growth of masternodes will slow down with price rises. But...the higher the price of 1 masternode, the more the owners get paid per day? So would it be possible to get paid $15 per day for 1 masternode in the future? Would that cause more people to buy masternodes?
Will miners eventually stop mining when there are no more blocks left in the future? In how many years? Would that be the end of DASH? Masternode owners not getting paid.
Oh I totally forgot this essential part: Masternodes get paid to mix coins. Now it all makes sense to me. If you want your coins mixed you got to pay for this service, and I'm sure other services might be added to Masternodes in the future.
OK, let me try to help. You don't "buy" masternodes, a masternode is a Dash full node that besides basic services like propagating messages and securing the network also provide special services like mixing and securing instant transactions, all coins need full nodes but most coins only use them for the basic functions inherited from Bitcoin. In the case of Dash there is added value functionality that is provided by the full nodes. The 1000DASH is a collateral that establishes a bond of trust between the masternode and the network and prevents Sybil attacks, because people can't just create a bunch of full nodes for free to attack the network, this makes the masternode network really secure. In this sense the 1000DASH are a collateral, you don't "buy" a masternode as you never give up control of your 1000DASH to anyone you always retain control of your coins and your are free to sell them whenever you like. Obviously if you sell them your node stops running and you stop getting paid as you are no longer providing a service. For providing different services, Masternodes operators get paid a portion of the block rewards,exactly like miners, this portion is divided between all existing masternodes, exactly like miners too, so the more masternodes there are the less money they get for providing these services. This creates a natural market dynamic that depends on market sentiment and investor confidence, if investors perceive less risk they are willing to take a smaller reward and thus the masternode count continues to rise. When the market feels the rewards are too little it may correct, so on and so forth. It is a self correcting system. The Dash full node network is serving its purpose really well and more services will be added on top of the already existing ones. You can easily calculate your payments in Dash from running a masternode, just like you can calculate your payments from mining. Right now a Dash full node operator gets around 0.5 DASH per day, if you think of that based on the exchage rate today that comes out to be like 1.50 USD per day that is around 550 USD year, while you hold around 3000 USD worth of Dash as collateral for your full node to run and are free to sell that at any time, is not bad. But in reality just like with mining people are not running master nodes for the current exchange rate, you run masternodes to accumulate Dash now, so that you can potentially realize gains in the future at much better exchange rates or just directly spend Dash for goods and services. So just like mining people take a risk now as they see a lot of upside potential. About a future where running a masternode requires a larger amount in FIAT terms as collateral due to price appreciation, I think that is a future everyone is hoping for. The collateral requirement could always be lowered when that time comes or people can take advantage of shared masternoding which is already very popular and there are several services available for that, just like pool mining. I hope this clarifies a little. Thanks for posting this. Totally tweet-worthy. https://twitter.com/taoofsatoshi/status/606169168828887041 |
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i accidentally my whole wallet
is that bad?
I once my whole house one time! It WAS bad...  You're going to have to give more info. |
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I traveled for about a week only to see BitShares, Stellar and Dogecoin all (significantly) surpassing (in market cap) this sadly mis-branded coin of ours. Would someone bother to kindly summarize what has happened with BTS, STR and DOGE, why such a big spike in prices?
To me it is hard to understand too. I think it was Minotaur who said that it was a Chinese pump and that most volume was over there. Really weird. It is specifically a BTC38 pump with nearly 80% of the volume since the beginning of the pump, for those three assets STR, BTS and DOGE there was no fundamental change. Ask yourself why exclusively BTC38 as a common denominator and not other exchanges? They must be in on it. This has nothing to do with Dash, it has preserved its price range, it is actually quite impressive the stability Dash shows, this has happened at different stages like when when we where at the 600K satoshis range. We just need to keep working like Evan is doing. It is hard to say what will happen, but honestly with these pumps if you are not part of it from the beginning you should stay out, if not you are the one giving liquidity for others to exit. Most of the transactions are CNY - someone please explain how that is possible - I thought there was a big crackdown on fiat / crypto use in China? "All Financial Hell Is About To Break Loose": 28.05.2015 https://www.youtube.com/watch?t=336&v=Df__r8uhPcgThanks, I enjoyed that. |
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I traveled for about a week only to see BitShares, Stellar and Dogecoin all (significantly) surpassing (in market cap) this sadly mis-branded coin of ours. Would someone bother to kindly summarize what has happened with BTS, STR and DOGE, why such a big spike in prices?
To me it is hard to understand too. I think it was Minotaur who said that it was a Chinese pump and that most volume was over there. Really weird. It is specifically a BTC38 pump with nearly 80% of the volume since the beginning of the pump, for those three assets STR, BTS and DOGE there was no fundamental change. Ask yourself why exclusively BTC38 as a common denominator and not other exchanges? They must be in on it. This has nothing to do with Dash, it has preserved its price range, it is actually quite impressive the stability Dash shows, this has happened at different stages like when when we where at the 600K satoshis range. We just need to keep working like Evan is doing. It is hard to say what will happen, but honestly with these pumps if you are not part of it from the beginning you should stay out, if not you are the one giving liquidity for others to exit. Thank you guys. I personally could not care less for any of these coins - I have 100% of my crypto assets in the most idiotically mis-branded asset in the history of the world (f.k.a. the best fucking name ever, Darkcoin), a grave mistake that does not let me sleep for I fear it might kill the best technology in this space. Yes, the world is that stupid and I am a part of that stupidity as well. I am a huge part of that stupidity as well. Ever since the name change I have been able to speak with the other retards on Twitter much easier. Our asinine name has opened the door for more misguided marketing attempts than our previous perfect moniker. When this idiocy came about, I was happier than a pig in shit. I still have a crazy smile on my face, and I will keep having it when our tech led by its ludicrous name slowly starts to become a dominant means of exchange for all of the simpletons everywhere.  Cheers, Tao |
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Pretty stark stuff from Martin Armstrong:  That has got to be the strongest business case for cryptocurrency that I have ever read. Thank you Satoshi and Evan for giving us a way out of this coming madness. I have never been more convinced that what we are doing here is going to make a serious impact in the future. What an article! |
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how do I run commandline? is that the debug window?
thanks
Start Menu Command Prompt cd *directory where your qt is* example: cd c:\dash C:\Dash\Dash-qt.exe -rescan |
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Hello can someone help me. I sent some dash to my drk wallet that wasn't synced yet then the wallet wouldn't sync. so i moved the wallet.dat file to the new dash wallet that was fully synced but the transaction didn't appear. any ideas?
Thank you for trying Dash, Bitcoiner456. You won't be disappointed. No more waiting forever for transactions, AND privacy built into the protocol. You may want to change your name to Dasher456! Cheers, Tao |
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Retweeted. Hahahaha! MasterCard is a joke. I'm ashamed to have one in my wallet. |
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Ever since BitcoinWisdom delisted Cryptsy DRK (Dash), we fell way down in the alt list with hardly any volume. I'm so used to looking near the top, now I have to find it somewhere in the middle! So frustrating...
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Current Number of Masternodes: 2614
New ATH for MNs?
Giggity! This project keeps getting healthier and healthier... Bring on version 12 testing! |
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coinmarketcap.com has clearly been avoiding DRK/Dash since ... well ... Xcoin  I wonder why... why oh why would they talk about all sorts of alts, but never ever cover Dash. Why.. please... someone...  ... just one, one valid reason please? Cannot for the life of me think of one. I mean, I try and try but not ev... You get the point  It's because Dash has a legimate chance of supplanting Bitcoin as the crypto of choice worldwide. They don't want to be seen as supporting that. Once we actually do start to make up serious ground and become a legit threat to Bitcoin's supremacy, you will see more bandwagon jumpers saying "I really liked you all along, blah, blah, blah". But for now, we are seen as the devil, and I kind of like that... |
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) is more secure
