How is it "theoretically possible" ?

The only theoretically possible scenario I see is owners setting up proposals to pay themselves for doing work that doesn't have a favourable impact on the coin's future. But there would appear to be at least 3 aspects of the stakeholding that prevent that from happening:

1. There isn't a sufficiently large coherent holding group to dominate the voting in that way. (Even though people put about that Evan / Otoh et al own this & that - the fact is they don't. They can be outvoted at least 4:1 even by the most generous estimates of their holdings. By my observations it's more like 8:1).

2. There's nothing that anyone can do in terms of the protocol - even if they did dominate the voting - that doesn't still require a mining majority. So voting could say "do this", devs say "ok" and it still doesn't get adopted because the miners rejected it

3. Even if there was such a hypothetical way for an interested group to 'enrich itself' as you say then commercial pressures would start to manifest. The group can only pay itself in Dash, not any other currency, that is the catch. The wider community can therefore still mitigate said 'enrichment' because it has control over exchange rates

It's therefore far more profitable for 'interested parties' simply to do something beneficial for the project and get paid in a high value coin. (Which is what they are doing )

Out of interest, do you have a particular proposal in mind ?

Here's the list. https://www.dashcentral.org/budget/completed

Everyone Has a Say !

The good thing about Dash is that all stakeholders have a say, and each stakeholder group's influence is focused by a different mechanism.

All are needed for it to be successful so there are balancing forces. No-one can pursue their own interests at the expense of another stakeholder group without simultaneously screwing themselves.

It's all relative.

If it's going to rally up to $6000 then $50 a day is "slow & steady".


$1163 ? (Bitstamp 2013)

Because it aligns its design priorities with those of a monetary stock as opposed to a technology stock.

Dash is entering a new Bull cycle at the 1-Week chart range. EMA crossover was a couple of weeks ago (See last white circle).

There have been 3 full trading cycles at this chart range since the first major capitalisation of Dash in 2014 (then Darkcoin) with the bull phase (10 week EMA above 21 week) lasting longer each time and the recovery lasting about 40% to 60% shorter each time. The last bull phase (blue segments at top of chart) lasted nearly a year and launched off a price level of around 0.0085 back in October 2015 (See middle white circle).

We are now starting a new bull cycle of the 1-Week EMA (longest range available on BCW/Cryptowatch), this time launching off a price level of 0.014.

Enjoy the ride



P.S. This is Dash/BTC, coin to coin exchange rate, the most unfavourable measure to Dash of the 3 typical comparisons: BTC Exchange rate, Marketcap & Dollar Value.

P.P.S. If you've got a big monitor, widen the browser window to get an eyefull.

I just tried this. It's absolutely awesome (+ zero learning curve).

It's ok.

All you had to say was 5 words..."ouch, I sold too early".

Doesn't look like it's stopping anytime soon.

Dash 12-Hour Volume, MACD and OBV all reading from the same hymn sheet.

RSI is of course way up at 89 screaming for a correction, but punters aren't giving it one because they've woken up and realised that true bearer tokens requirer transparent fungibility and not some toxic cryptographic coating that's as cheap as cornflakes and as flaky as a pastry.

Maybe these are the bagholders you should be more concerned about. Looks like their very own death cross has appeared

The 'catalyst' was a crossover of the 10-Week and 21-week EMA on the very long range 1-Week chart. It's only the 4th such crossover in 2 years and crossed at 0.015 which is why there is still a lot of strength in the rally at this level since the market was well oversold for 2-3 months towards the end f last year.

The crossover has happened at successively higher points on the 1-Week chart over the 2 year period.

(Note: This is just the coin-to-coin price ratio with Bitcoin which is the most pessimistic measure as it doesn't take into account relative supply increase. Relative market cap against bitcoin has even more gain).

1.0 To Transparent Blockchains. (i.e. The greatest antidote to "Backdoored Crypto" is to get rid of the walls).

A couple of years ago I wrote of encryption-based obfuscated blockchain technology:


Thats because slapping a pile of encryption on top of a bearer token that’s already decoupled from any off-chain identity simply gives cover to attackers and hides their exploits from the view of those who have to back its value (the general public).

Not only that, it adds a whole new layer of fertile, human generated “crap code” in which to harvest those exploits. Now that harvest is starting to be reaped…





...only as long as eagle-eyed geeks keep coming along and saving your bacon.





In other words, Obfuscated blockchain technology is flaky as f*k. Ok as the SSL of crypto but in terms of a store of value, about as secure as investing in time bombs.

(P.S. All the above exploits have been "fixed". So nothing to worry about )

To eliminate both bitcoin's $USD performance and the relative coin supplies over the period...

There's a way to quantify that more instructively that taking intuitive spot prices from the past at arbitrary points and that eliminates Bitcoin's performance against fiat form the comparison.

Well I wouldn't altogether write off some compensating entertainment value/giggle factor for which I must confess to a slight weakness.


LMAO !

There's only 1 person who finds the right words for it every time. (At the expense of the odd spelling mistake   )

LoL !

You'd be even more disappointed if you'd have been scammed into not buying it. (And an increasing number now are).

The price could correct 50% from here and still have over 2 year's worth of investors at a gain. I think those (along with genuine skin cancer sufferers) might be best placed to identify the real scammers

Well make sure it's the right battle. Here's your actual problem - maybe I can help you with it

Risto & Co. pump squad are pumping your favourite invisible money very expensively here ← and here ←. But traders are dumping it very cheaply here ↓ and here ↓.

(At least you'll get a nice tracing of the Florence Cathedral out of it if nothing else).

The reason it's getting expensive to keep that lead baloon afloat is because:

A. your beloved invisible asset's market is running out of volume

B. 'invisible money' is only any good for credit records where ownership is distinct from possession. For bearer tokens where ownership and posession are co-incident, transparency trumps obfuscation every time (except for a while during sustained troll campaigns which attempt to scam people into believing otherwise )

...which is why you're all over here in droves right now trying to garner free publicity on the back of Dash's volume which in contrast is doing just fine thanks.

Well be my guest, everybody knows they are most welcome in this thread since they will be furnished with all sorts of exciting news about upcoming developments in new network infrastructure, an explosion in crypto-usability through easy, industry standard language APIs with a network that actually talks back to client applications and of course massive new business partnerships.

Meanwhile my advice would be to cross your fingers and hope that your sugar daddy pumpers keep their massive accumulations of invisible money in their not so invisible pockets because you might be in for a tsunami of cheap invisible coins otherwise. (You never know - your favourite guy, Brian Armstrong might always come to the rescue)  



P.S. I've seen that trading pattern before. It was called "Paycoin".

A word of advice. Deleting your posts and reposting at the front of the queue makes you look desperate.

(Maybe you are   ....)

 • The "rules of adoption" and how crypto is breaking them

 • What Dash is doing to address that

 • Why the World Wide Web started like Bitcoin and ended up like Dash

 • respecting end users and supporting their privacy at no expense to blockchain transparency

 • addressing merchants and industry stakeholders requirements with a network that talks to them as a coherent whole, not just as one machine acting as a proxy for the rest

(Hint. Has to do with useability, monetary integrity, promoting authenticity over obfuscation by not burying your blockchain in cryptographic goo, hi-fidelity as to the known properties of money and ultimately - ubiquity).