Thank you Maren, for providing a lot of fud nicely bundled into one post. I appreciate it. I'm sure that Dash bagholders will cry tears pretty soon now, thanks to that post of yours In my experience those who shout scam the loudest, are often the scammers themself.
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Dash is maybe a great currency but it is not suited to say that it is the future of the currency because there is still a lot of coins to choose all over the market because if you are really concern for the currency of the future then you need to consider bitcoin and ethereum because those two are only suited for me to say that one of them is the future of the currency.
The future of currency is directly connected to the amount of fees one has to pay to use it as currency and the speed of its transactions. With Bitcoin fees are simply too high to use as currency, and transaction confirmations take too long (sometimes a hour), therefore Bitcoin is currently moving towards becoming just a store of value (digital gold) Ethereum is not intended to be used as currency, it is intended to be used as a platform, where developers can run decentralized apps / smart contracts / ICO's . Dash is fully focussed on being used primarily as a currency by keeping its fees ultra-low, enabling instant transactions (without double spending risk) and increasement of its blocksize.
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I don't know much about DASH's history except it was called as darkcoin and that was a Bitcoin fork. I really don't know for it evolved this far. Network is fully controlled by masternode holders now. But the price is keeping on going up maybe because of their marketing ($4 million budget per month) and Palm beach report.
Dash started to evolve when it decided to split their blockrewards, first into a split between just miners and masternodes. This split had a roadmap in place where in the end, the split would be more in favor for masternodes (miners 40% / masternodes 60%). However it became quickly clear that Dash was facing problems with raising funds for further development of the project. The decision was then made to split the blockreward as follows : Miners : 45% Masternodes : 45% Decentralized Budget : 10% This means the masternode owners let go of receiving higher blockrewards (60%) in favor of establishing a decentralized budget system. This budget system became highly successfull at expanding the Dash development and establishing all kind of partnerships. In a way the decentralized budget system boosted Dash development by several factors. It is true that masternodes play a large role on the network (they validate blocks and determine if mined blocks should be included into the blockchain or not) but miners play an equal large role in the network, its their increased hash rate through ASIC miners that provide increased security for the network. I think with the current split Dash has a well-balanced distribution of power between miners, masternodes and available budget.
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Dash is showing good growth compared to many other altcoins that are highly recommended by users and market analysts. What we invest on dash gives promised growth and now lot of users could have been feeling bad of missing the chance of investing into dash at lower price.
Those are most likely users that listened to trolls like cryptohunter, without doing their own homework about Dash. Well, I actually got into Dash when it was a quarter of today's price, unfortunately at a very small amount... because I did my own homework and felt that there was a lot of truth to what some people were saying about it. And no am not even talking about the scam accusations, merely some of the criticisms of when their Masternode implementations ran into some trouble. Had I listened to a few others pushing me, I'd have gone for owning an entire Dash coin, if not more. I guess sometimes with crypto it is about luck. And where your research leads you to! That is indeed unfortunately. I guess for those early starters into Dash it is also about having (and keeping) faith in the project and trust in its development team, despite efforts from competing crypto projects to directly undermine that faith and trust with false accussations and spread of fud.
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Dash is showing good growth compared to many other altcoins that are highly recommended by users and market analysts. What we invest on dash gives promised growth and now lot of users could have been feeling bad of missing the chance of investing into dash at lower price.
Those are most likely users that listened to trolls like cryptohunter, without doing their own homework about Dash.
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I clicked the insurance Repair wallet all my balance gone, what to do???I have an old version of the wallet
Dash makes automatic backups and stores them under the folder "backups". Just make a backup of your current wallet.dat (to be on the safe side) and copy one of those automatic backups into your Dash directory* and then rename that file to wallet.dat (this will overwrite your current wallet.dat that you backed up earlier) Download latest Dash wallet version from here : https://www.dash.org/wallets/#walletsThen do a re-index. If you are on a windows pc then go to your Dash wallet shortcut, rightclick, properties, and put in the target at the very end the following commandline option : -reindex for example (it could look different on your pc) -> C:\Users\Svoa\AppData\Roaming\Dashcore\dash-qt.exe -reindex Then restart your wallet, after the re-index your balance should be restored. * Linux -> /home/username/.dashcore Windows -> C:\Users\username\AppData\Roaming\Dashcore Mac -> /home/username/Library/Application Support\Dashcore
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Hi everyone.
I invested in DarkCoin (now Dash) a while ago and I have been opening up all my altcoin wallets recently, I have 16 coins in the wallet.
Does anyone know any good currency exchange websites where I can trade some of these for Bitcoin?
I plan to keep most of them as the coins still looks to be going strong but I also plan on trading some of them for Bitcoin as I current have no Bitcoin.
Any help appreciated. Thanks.
I hear good things about ShapeShift ( https://shapeshift.io) for a simple conversion from Altcoin to Bitcoin. Then you can sent that Bitcoin to a local Bitcoin wallet that you fully control. Or you can take a look here : https://dashpay.atlassian.net/wiki/spaces/DOC/pages/48693298/Exchanges
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Today there are other cryptocurrencies that have excellent privacy and anonymity during all of transactions and operations with them. One of these altcoins is DASH.
Darkcoin = Dash (name-change). That is why it is pointless to bump such an old thread with a (by now) incorrect name in the title. If people want to compare Dash to Monero just make a new thread. This thread will only confuse new people.
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I look at the price chart and see that the dash in many respects repeats bitcoin movements. Bitcoin has grown, dash has grown, at bitkoin correction and dasha correction.
Yep, it repeats Bitcoin movements but also at an increased rate (meaning Dash is expanding much faster then Bitcoin did in its early years). And Dash can go beyond what Bitcoin currently can, Dash does not have to slow down because of high fees, slow confirmation times and a slow decision making proces. Instead Dash can fully focus on implementing its core task, which is being used as a pure peer-to-peer digital cash system as Satoshi once visioned for Bitcoin. I think we are witnessing exponential growth here for Dash, exponential growth which started early 2017 and which will continue the coming years. Of course Dash will still be bound to uptrends and downtrends, pumps and corrections just like any cryptocurrency but for longterm investors this cryptocurrency is getting more and more attractive to look into.
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Down, Not Out? Dash Price Likely to Defend $600https://www.coindesk.com/not-dash-price-likely-defend-600/Looks like Coindesk just remembered there is an altcoin named Dash out there At this rate we get exactly four more articles about Dash from Coindesk (as Dash moves from 5th to 1st rank on coinmarketcap)
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Sorry time traveler, but everything i do is so i can move to Mars in the year 2024. At that point i dont really care what happens on Earth. Edit : and we are taking Dash with us !
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In a sea of red today, the answer is pretty obvious. One crypto currency in the top 15 is showing a strong green on coinmarketcap.
Guess which crypto currency....
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After Bitcoin pump to $11,000 and soon Dump 9,600. Dash going crazy and pump up 36%. It's over $600 to the moon. Are you guys going to replace bitcoin?!
oh darn, they found out about our secret master plan
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Dash passing 6 BN in marketcap, #5 in coinmarketcap and closing in on $800Happy $800 DashersDash is currently undergoing a correction, after which i fully exspect to see a rise to $900
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Doesn't this just warms your ice-cold heart icey ? It sure warms mine.. Where will this longterm trend of Dash peak ? I'm thinking .. a lot higher.
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