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281  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 02:20:42 PM

Very interesting observations Tok (the initial volume with no price movement in the first minute). I knew you'd come back with something worth pondering on. Thanks.

What will be interesting to see is how they keep this going.

Does it generate its own momentum (it hasn't done since early 2013) or does it float like a lead balloon ?

(Put it this way, I for won't won't be spending any money on finding out  Wink )


Me neither!

Thing's gonna drop again like set of car keys down a storm water drain. Might not be for a day or two but when all the BTC-e troll box LT"it's gonna moon again"C biggots stop high fiveing each other, there'll be this sudden realisation it wasn't based on anything fundamental and everyone's going to race for the exit at the same moment (just as a Chinese exchange proprietor LTC whale's dropping out of the sky to squash them).
282  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BTX] Bitcoin- The neXt generation on: June 16, 2015, 02:12:35 PM
Coins swap done. All balances converted. Wallet is open.
https://twitter.com/CryptoCurrEncyX/status/610800144192245760

Excellent!

PrometheusX can we get the download link to the new wallet up on the OP now?
283  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 02:06:32 PM

Tok. What say ye?

If we pick one of the recent litecoin pumps for analysis and go down to the 1-minute chart, check the volume bars. You'll see that the pump happened over a period of 4 minutes.

However, notice something interesting about the first minute: The volume bar is humungous - 220 odd BTC's worth in what must have been 2 or 3 trades at most, possibly even a single trade.

Notice the corresponding minute-1 candle, however. It doesn't even budge. The price doesn't move until the second minute by which time $50,000 worth of litecoin has already been bought going into minute 2.

So somebody was trying to break a massive resistance wall and turn the trend around by sheer brute force. I'll leave it to the politicians and 'industry insiders' in this thread to speculate over who was doing that and why, but it seems like a major piece of market engineering to me. Maybe the Chinese exchanges are giving the market a "stir" to get it moving again.

You can see why they might want to do that from the 1-week chart which kind of puts this pump into perspective. I suppose 100 grand is small beans to them if it can keep your business model alive. (Emphasis: only my speculation. Could be anything).


Very interesting observations Tok (the initial volume with no price movement in the first minute). I knew you'd come back with something worth pondering on. Thanks.
284  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 02:04:00 PM
Honestly Mangled I've bite my tongue for a long time but smarten the fuck up. You are acting like a 15 year old. Pissing on other peoples threads, jumping on people, I get you are "trying" to help our image but honestly you look like a fucking tool. Smarten up.

I'd have to agree with coingun's comments.

I don't know what's happened to you Mangled. You've been a long time community member here and you've posted lots of interesting and very helpful things since I've been involved in Dash (which goes back to Mar last year). In all that time though I've never seen you posting with such vitriol and acrimony. Are you okay? I know you've either moved to somewhere in South America (or you're about to?....or something?) and perhaps you're under a fair bit of strain but that last vomit session in this thread with the lotto guy is similar to many recent ones, but on-the-whole out of character to how you normally are.

I hope you're okay. If you're struggling and need help PM me (not that I can do too much but I'd hate to think all's not well and we're all just here not really aware of it).

You're one of the good guys.
285  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 12:15:46 PM
Tok. What say ye?





And BTC was a cent off $242 on Bitfinex just a moment ago too.
286  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 09:27:01 AM
I always think it's hilarious chatting to family members or friends who rage at the "speculative fraud" of the capitalist system, while creaming off their pensions which are only there because of years of traders sweating and working markets to get them the maximum ROI on their salary investments.

At least your F&F have private pension funds. They are clueless, but they don't rely on ponzi schemes branded as public pensions!

Unfortunately though Fernando, most have their major wealth tied up in 1) their home 2) their superannuation (which is what we call it in Australia; the equivalent of 401K in the U.S.) and both of these are subject to never ending lies, massive over pricing due to the Fed and other govs' central banks' QE and ZIRP policies. The entire asset base of the world is pumped and teetering/wobbling ready for the inevitable fall. And a demographic shift the likes of which has never been seen before (10s and 100s of millions of baby boomers exiting and wanting to sell just about everything to downsize and head into retirement) and you have the makings of a financial super collapse previously unimaginable.

Mr and Mrs average continue to tune in to the main stream media and be told more lies than the naked emperor wandering through his subjects stark naked in the belief he was wearing that spectacular outfit that only he couldn't see (and the 'critical thinking' skills people need to challenge and question are almost completely missing from the masses who're being hypnotized by continuing bread and circuses).

What's coming isn't going to be pretty that's for sure.
287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 08:56:19 AM

P.S.

I come from a generally left wing background in terms of family influences and my own outlook. At the same time I'm not blind and am an enthusiastic logician.  (  Huh Did I invent a new word there ? Huh)

I always think it's hilarious chatting to family members or friends who rage at the "speculative fraud" of the capitalist system, while creaming off their pensions which are only there because of years of traders sweating and working markets to get them the maximum ROI on their salary investments. ok - they're only doing it for the bonuses dangled in front of their noses and there is rife systemic financial fraud, but it doesn't change the fact that people lump everything into the one big pot and call it "bad capitalism" when in fact they're happy to take the gains where it suits them.



Ah Tok, don't get me started on trying to explain such concepts to "family and friends"! The average "regular" citizen in a westernised nation has ABSOLUTELY NO IDEA how any of it works, what money actually is, how their comfortable life is fundamentally rooted in them being closer to the top of the pyramid than most of humanity and why they should switch off their TVs, go and learn about what this thing called "the economy" actually is that we're all involved in rather than sitting around complaining!
288  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 08:45:33 AM
The big difference is that me with 1 apartment (in theory, but perhaps not in practise where political persuasion can be bought) has the same voting rights to elect my parliamentary representative as the person with 1000 apartments or indeed the tenants renting those apartments.

In the MN realm, voting power is based on MN ownership

Thats because in a democracy, you have a personal stake in society simply by existing. You *are* a masternode.

In an monetary or corporate asset, however, you don't have any personal stake in it unless you own it. If I buy 1 share in Apple for $126, 92 cents, I won't have as much voting power as Mr Icahn who bought $3 billion worth of shares.

If I invest 200 hours in building myself a custom guitar, I'll reasonably have more influence its development than you if you invested 5 minutes putting the strings on.

Is anyone seriously arguing that that's a problematic or even unhealthy state of affairs ? In that case I'd be taking decisions with almost nothing to loose ergo = wreckless meanwhile a big investor (by conventional logic) agonizes over every tiny policy but both our votes count the same ?

It isn't capitalism or any other "ism", it's just plain fairness and commercial logic. The project goes in whatever direction those who are most interested (and therefore most invested) want it to.





Yes, agreed. Wasn't for a moment suggesting some sort of socialistic model would be more appropriate. Anyone with a large investment in a publicly listed entity often ends up with considerable say in the direction/strategy of the entity via a board position or serious levels of proxy to a board position. It's just how it works.

But in the early stages of a crypto project like this, it could be argued that if one entity was able to acquire a very large proportion of the MNs, it "may" (and I stress "may" as any adverse direction/decision that affects the crypto's price will NOT be advantageous to this large holding entity) be less than optimal. For instance if, over time, those MNs were purchased in secret by a government three-letter agency for the purposes of doing damage, voting would (potentially) result in constant stalemates and inability to move forward.

There will be issues and flaws in any model; many of which can't be foreseen. I'm sure most will be dealt with as we move forward.
289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BTX] Bitcoin- The neXt generation on: June 16, 2015, 08:21:50 AM
Hi,

When the swap will be done?

I try to contact C-Cex since more then 12hrs via chat and still have open tickets since 7 days.
The only success that i had was a "Hi. Good. I compile it later"


Good to see C-Cex maintaining their sophisticated customer service, stakeholder management and project status reporting methodologies....
290  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 16, 2015, 07:49:05 AM

1 masternode = 1,000 coins = at 5% gives 50 coins "interest"
1,000 masternodes = 1,000,000 coins = at 5% gives 50,000 coins "interest" or another 50 Masternodes......"The MORE MN's you own  = The more DASH/$$ you make,"

I don't see what your problem with this is - in fact thats the whole idea of any ROI instrument.

At a technical level, the network doesn't care who owns what. The concept of ownership doesn't exist in crypto - it's just a 1000 nodes doing work for the network and as far as it's concerned they are 1000 distinct nodes.

As far as the 'investing' aspect of it goes, if you invest in mining hardware and then invest all your returns of subsequent years in mining hardware, you'll experience a similar non-linear growth in your returns, as you would with any investment instrument which delivered an ROI.

The other side of the 'coin' is that if you keep investing all your returns in masternodes, you'll never be going ski-ing, relaxing in the bahamas, or taking a trip on Richard Branson's space plane. All your returns are going into doing service for the network which - again - is according to the design objective of this policy.


To Wozzek's credit I don't think he's expressing "I have a problem with this" more that he's trying to understand how it works and whether his maths is correct.

What you've said Tok is absolutely correct. The concept of ROI allowing more acquisition of ROI instruments, thereby compounding value or worth, is the same for almost any example across most societies that operate via personal property rights.

The one thing that differs though in Dash's case that may be of cause for concern is (as Wozzek is asking/commenting on) the voting rights.

If I own 1 apartment in a large city and have tenants in that apartment I'm collecting rent from, it will take me a long time to use the rental income to acquire another apartment that I can then rent out (excluding leveraged mortgages and all of those concepts that can't currently be directly compared to the ownership and funding of MNs).

If someone else owns 1000 apartments in a large city, their rental income is likely to provision the acquisition of more income generating apartments far more rapidly than what I can achieve.

So far nothing new under the sun. The rich get richer - the essence of capitalism as we know it.

The big difference is that me with 1 apartment (in theory, but perhaps not in practise where political persuasion can be bought) has the same voting rights to elect my parliamentary representative as the person with 1000 apartments or indeed the tenants renting those apartments.

In the MN realm, voting power is based on MN ownership so "the rich get richer" adage applies AS WELL AS "the rich have more votes" (and again, in some ways, "nothing new under the sun") but it does have the potential for abuse or fracturing of the community's views on what projects/developments should be undertaken.

But I don't think it's a major issue.
291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 15, 2015, 08:07:48 PM
hey guys , please dont quote limx posts. dont mess here with it please.

Okay. Was trying to comprehend the incomprehensible; why an exchange would offload Dash + write up such a ridiculous reasoning. Ended up down several rabbit holes. Won't be going down them again.
292  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 15, 2015, 07:42:41 PM
I'm potentially a little confused over this FUD storm (but also potentially not) and thinking Limx dev is also 'Christian' who's running this exchange that's offloading Dash. Sorry for the confusion Limx Dev (if that's the case; still awaiting your subsequent reply to the PM you sent me) but your previous posting seemed to indicate it was you that had written up this appallingly ill-thought-through response. Whoever you are and whoever 'Christian' is (and maybe still you're the same person....that's why anon devs present so much difficulty) assuming everyone here is represented by one person (or even two, three, four or five) when Dash is so much bigger than that is pretty stupid.



<-- puts Limx Dev on ignore for starting fud over and over again. We already had this whole fud thingy in our forum on the 12th of june with

Okay I did not know that it was already known. I know it until today.

My intentions are good. Believe it or not.

Regards Christian


I just found your exchange (never been on it before; won't be going there again) and this notice on the Dash/BTC page:





You have got to be kidding! Is this because of Mangled Blue's vomit session in the Limx thread? You're getting rid of one of the most advanced and well-run crypto projects that carries such enormous potential because of one person's posts who you've decided represents the entire Dash community and project team?!!

I'm virtually speechless.


Quote
My intentions are good. Believe it or not.

I think you're deluded.
293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BTX] Bitcoin- The neXt generation on: June 15, 2015, 07:32:47 PM
Has the new wallet been posted in the OP?

The file being linked to is BitcoinTX-qt-2.0.2.rar but there's nothing in the OP to explain if that's the new version or an old one and I failed to check prior to the 6pm deadline to determine if a change has been made.

Can someone please clarify?
There wasn't any announcement, and 2.0.2 it's the last version, so I thing the new hasn't been released yet.

I guessed as much. And I'd expect the new wallet would be a major release hence probably 3.0.0 (or something). Thanks.
294  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BTX] Bitcoin- The neXt generation on: June 15, 2015, 07:26:39 PM
Has the new wallet been posted in the OP?

The file being linked to is BitcoinTX-qt-2.0.2.rar but there's nothing in the OP to explain if that's the new version or an old one and I failed to check prior to the 6pm deadline to determine if a change has been made.

Can someone please clarify?
295  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 15, 2015, 07:04:46 PM
<-- puts Limx Dev on ignore for starting fud over and over again. We already had this whole fud thingy in our forum on the 12th of june with

Okay I did not know that it was already known. I know it until today.

My intentions are good. Believe it or not.

Regards Christian


I just found your exchange (never been on it before; won't be going there again) and this notice on the Dash/BTC page:





You have got to be kidding! Is this because of Mangled Blue's vomit session in the Limx thread? You're getting rid of one of the most advanced and well-run crypto projects that carries such enormous potential because of one person's posts who you've decided represents the entire Dash community and project team?!!

I'm virtually speechless.


Quote
My intentions are good. Believe it or not.

I think you're deluded.
296  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 15, 2015, 05:35:19 PM
Limx Dev, good news!
to the moon!
I do not find that funny. I am even masternode operators.



You are a smart person, you know the comments of specific users do not represent the majority. I found that whole conversation that happened in your thread distasteful, but what can we do? This is an open-source community there are people of all characters that participate, no one has control about what anyone else does. 

So why bring the drama here? Lets just continue to build crypto and please do not generalize, this has always been a very open and welcoming community.
You're right. I think of the image of Dash.

I don't know what happened in your thread or what this is all about but I'm simply astounded that you'd de-list a crypto-currency based on behaviour of an individual (or individuals) who may or may not also be people that post in this thread or have some allegiance here. Of all the flawed logic and emotional knee-jerkism I've seen around in crypto, that would have to be up there as some of the best (or worst depending on how you view it).

There are many dozens of very substantial and very high quality people working on this project and many hundreds or thousands of people who're invested in the technology and the team behind it. I think cutting your customers off from being able to trade Dash on your exchange against the backdrop of all that's good about this project, it's lead developer and all the other key people who've achieved so much since the beginning is unfortunate at best but probably just plain foolish.

I hope you rethink and work through a more sound decision making process.
297  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TRON] Positron Technologies Corporation - Roadmap Posted - May Phase on: June 15, 2015, 01:54:53 PM
I am unable to get the wallet to sync. Zero connections. Have made a conf with the latest nodes seen in block explorer.

That's odd. Must be something else not right as I haven't had any syncing problems since the beginning and currently have 49 connections (and no .conf file). Sorry I can't offer any clue or guidance but posting my experience for comparison.
298  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 15, 2015, 01:12:50 PM
I was hoping some serious answer about the dump but all i got just trolls  Grin

I don't think there's anything untoward happening that's causing this temporary small dump.

Crypto is fickle and many people that 'invest' in crypto are very short-sighted and impatient. There only has to be a week or two go past 'without much happening' and many people will dump and move to somewhere/somecoin they think is more exciting and more 'pumpy'.

It only takes one of these people to sell a reasonable amount and a few others might follow. It happens regularly and (as I've said) I don't think it's particularly significant. Dash is likely to go up again by the same amount within days and then when the new release comes out it's likely to go up substantially more (then come off the boil again).

It's just the up and down nature of the beast; no real rhyme or reason.
299  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BITCREDIT | NEW BANKNODES | UPDATE 6/15/15 on: June 15, 2015, 12:58:12 PM
Select Your Own 'Orrible Theme 'feature' now fully working!

Use at your own risk!  Grin

Oh that's gorgeous lonecrouton. What colour is that, puce?
300  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: June 15, 2015, 12:38:52 PM
DASH price is now lower than 0.01171874 BTC, the penultimate Darkcoin price in my records (February 19th, 2015) and much lower than the very last recorded price, on March 4th when DRK was at 0.01330801 BTC, about a week before "re-branding." (12.50% lower than 3 months and a week ago)

Full three months and some after the brand change, not a single exchange or a big retailer (that "might accept Dash IF the name was changed...") has accepted it; but the said acceptance had been by far the most important reason for the Foundation Members to push for the change and demise of the coolest brand ever, that of Darkcoin. After briefly getting on the #4 on https://coinmarketcap.com/#USD DASH is now only on the 7th place.

The more I look at this the more I abhor the most ridiculous brand change in recent history.

Do not get me wrong, I think Self-sustainable Decentralized Governance by Blockchain at https://dashtalk.org/forums/official-announcements.54/ is an idea of a genius, and all the ongoing developments, including Project Management and Delivery Excellence Initiative, and the upcoming version 12 might tip the scale but I do not see it.

As I already stated here, this is how stupid the people are. And yes, I share the same stupidity but I also know the brand & marketing can make or break you and your project. With the video production we paid for (partially for Evan forked out the needed, over 50% I think) over three months ago still being in, well, production, I dread future marketing moves and I pray to be proven wrong.


Wozzek I've watched your numerous negative comments on the re-branding with considerable interest. There are aspects of what you're saying that I concur with but the overall essence of your reasoning I find to be somewhat lacking in logic and comprehension of how humans think/react/respond to the images and feelings specific words used in brand names conjure.

I agree with you that 'Darkcoin' was a cool name. In the realms of advanced crypto enthusiasts, dark web users (or even just observers), hackers, whackers and criminal jack-asses, Darkcoin (and it's capabilities) is very appealing and offers a whole raft of anon/stay-hidden opportunities that are fundamental. But, like all things of this nature, the other edge of the sword is that these views, and the people that hold them, by default, IMMEDIATELY and without question knocks out the 99.99% of humans that don't identify with any of those things I've written above. The term 'Dark' when attached to web/Internet technology (and we've been over this soooo many times, I'm just a little staggered you can't comprehend the core essence of it), for 99.99% of society, means 'bad', 'criminal', 'underhanded', 'illegal', 'destructive' and 'evil'.

Suggesting that just months after correcting what, for me and many many other people involved in this project was just THE fatal flaw that stopped us from being able to discuss it with almost everyone, there's been no indication of new take up or facilitation by businesses/exchanges now because it's called Dash that previously wouldn't, I think is naive and terribly short sighted.

You can't possibly expect that there will be even measurable take-up that can be directly attributable to Darkcoin now being called Dash! It's way too early within a product name's cycle. Re-branding experts will tell you it takes decades to determine success (or otherwise) of major re-branding initiatives. You can't be serious about expecting to see dramatic evidence after just a few months!

What's been done is that the project's been positioned and prepared for adoption on a scale that simply wouldn't be possible with the name 'Darkcoin'. As digital cash, Dash has all the potential to start being adopted across hundreds of industries and economies BUT with the same key fundamentals around it being 'money' (i.e. fungability, scalability, etc). If we were still 'Darkcoin' we're only ever going to be a very small niche financial tool that appeals to a tiny fraction of a tiny fraction of humanity; those that think the 'dark web' and people involved in 'dark' technologies are cool.

(For me) end of story.
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