Marketcap for Dash crossed the $500,000,000 Coindesk / Jameson Lopp : if you are reading this, please make an article "Nobody understands Dash (And thats okay)"
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I think Amanda needs to do another Dash Detailed episode soon, i'm thinking : Dash best day yet .. yet again ? What an unbelieveable day / weekend / year this turns out to be
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Dash has this really great talent of rising in price when people least exspect it....
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Dear Dark coin community,
What is the reason you guys want to pump this coin beyond Monero?
Best regards, T.C.
Please repost your question with our correct cryptocurrency name .. thank you. (which can be found just 10 centimeter below this post) Actually I like the idea that this coin has the main use case of running Masternodes. It is a good thing from the perspective of an investor since (s)he knows there will be demand for the coins so it is unlikely to see a situation of no demand for coins. Actually i think Dash main use case will be much more clearly visible in 8 months, this is just smart money moving in i think. And its main case will not be about masternode profits (although the masternodes are vital to it). What will be the main use case of this coin in 8 months? Masternodes are a good way to lock the coins from the exchanges... Right now in Poloniex there are around 20 k coins for sale (give or take) so even a small increase in the demand of this coin will make the price to skyrocket. Its about having an effective instant decentralized payment solution that is missing currently in the financial markets. Oh I see... To me this sounds more like a feature, not a usecase. The problem with cryptos in general is that there is very little to no use for them in the real world (other than trading on exchanges). That is because Bitcoin failed to be adopted in the real world on mainstream level. Point of sales markets where you can pay for a product and have it confirmed with like creditcard speed are just out of reach for Bitcoin with its 10 minute confirmation time and increasingly higher fees. Dash has basicly nailed this aspect and can therefore open many more (new) markets then Bitcoin ever can. Dash is currently like a wet dream for longterm investors as it is getting close to provide the complete package to the world (Dash Evolution) and has a great track record on delivering what it promise. I agree that this particular coin has catched my eyes but I am not willing to pay the current price for my coins. Much better to wait when the drop comes and try to bottom-fish... Probably I am going to buy next round this one but now I just need to follow the price movement and wait for the right time to enter. When do you think there will be the next major correction? Your guess is as good as mine, we still have a major exchange announcement about adding Dash to exspect .. planned for end of march 2017. There are some rumors about Bitpay adding Dash circulating on Bitcointalk right now (just rumors, i have no idea if thats true). Edit : Update with regards to Bitpay from Minotaur (reliable source) : https://bitcointalk.org/index.php?topic=421615.msg18149043#msg18149043No, Bitpay supports Shapeshift integration, but I don't see them supporting any other coins directly at least this year. Later on we will see if they change their position as the market continues to shift to multi-blockchain, but don't expect anything there this year. Neither for Dash or others. I know this from good sources.
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Dear Dark coin community,
What is the reason you guys want to pump this coin beyond Monero?
Best regards, T.C.
Please repost your question with our correct cryptocurrency name .. thank you. (which can be found just 10 centimeter below this post) Actually I like the idea that this coin has the main use case of running Masternodes. It is a good thing from the perspective of an investor since (s)he knows there will be demand for the coins so it is unlikely to see a situation of no demand for coins. Actually i think Dash main use case will be much more clearly visible in 8 months, this is just smart money moving in i think. And its main case will not be about masternode profits (although the masternodes are vital to it). What will be the main use case of this coin in 8 months? Masternodes are a good way to lock the coins from the exchanges... Right now in Poloniex there are around 20 k coins for sale (give or take) so even a small increase in the demand of this coin will make the price to skyrocket. Its about having an effective instant decentralized payment solution that is missing currently in the financial markets. Oh I see... To me this sounds more like a feature, not a usecase. The problem with cryptos in general is that there is very little to no use for them in the real world (other than trading on exchanges). That is because Bitcoin failed to be adopted in the real world on mainstream level. Point of sales markets where you can pay for a product and have it confirmed with like creditcard speed are just out of reach for Bitcoin with its 10 minute confirmation time and increasingly higher fees. Dash has basicly nailed this aspect and can therefore open many more (new) markets then Bitcoin ever can. Dash is currently like a wet dream for longterm investors as it is getting close to provide the complete package to the world (Dash Evolution) and has a great track record on delivering what it promise.
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Dear Dark coin community,
What is the reason you guys want to pump this coin beyond Monero?
Best regards, T.C.
Please repost your question with our correct cryptocurrency name .. thank you. (which can be found just 10 centimeter below this post) Actually I like the idea that this coin has the main use case of running Masternodes. It is a good thing from the perspective of an investor since (s)he knows there will be demand for the coins so it is unlikely to see a situation of no demand for coins. Actually i think Dash main use case will be much more clearly visible in 8 months, this is just smart money moving in i think. And its main case will not be about masternode profits (although the masternodes are vital to it). What will be the main use case of this coin in 8 months? Masternodes are a good way to lock the coins from the exchanges... Right now in Poloniex there are around 20 k coins for sale (give or take) so even a small increase in the demand of this coin will make the price to skyrocket. Its about having an effective instant decentralized payment solution that is missing currently in the financial markets.
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Dear Dark coin community,
What is the reason you guys want to pump this coin beyond Monero?
Best regards, T.C.
Please repost your question with our correct cryptocurrency name .. thank you. (which can be found just 10 centimeter below this post) Actually I like the idea that this coin has the main use case of running Masternodes. It is a good thing from the perspective of an investor since (s)he knows there will be demand for the coins so it is unlikely to see a situation of no demand for coins. Actually i think Dash main use case will be much more clearly visible in 8 months, this is just smart money moving in i think. And its main case will not be about masternode profits (although the masternodes and its network are vital to it).
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Dear Dark coin community,
What is the reason you guys want to pump this coin beyond Monero?
Best regards, T.C.
Please repost your question with our correct cryptocurrency name .. thank you. (which can be found just 10 centimeter below this post, twice)
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The price is certainly on an uptrend
Yep, and we have a new ATH : 0.0590000 Current marketcap, price and volume : http://coinmarketcap.com/
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http://www.coindesk.com/how-bitcoins-p2p-layer-got-a-speed-hike-in-the-latest-core-release/Bug discovery
His later approach of working to improve the existing codebase arguably worked better than expected though, leading to a “Satoshi-era” bug discovery.
“As I started to break things up, I noticed something odd about Core's bandwidth usage during initial block download,” Fields said.
The problem was that, when a node would download blocks from another node, the speed at which blocks were passed along would be sometimes fast, other times slow – and at unexpected levels.
Digging further, he and other developers determined that nodes would stubbornly refuse to send data and process data at the same time (though this is an oversimplification). The node would just do one process at a time.
Speed fix
The fix the team finally arrived at saw its debut in the recent Bitcoin Core code release, changing how quickly nodes can pass information to one another.
“In particular, the p2p layer gets a huge speedup,” Fields said.
He ran some tests to compare the last bitcoin version (0.13.2) with the new version with the improvements (0.14.0), looking at nodes that were deployed to the cloud on Amazon EC2 instances with two CPUs and 4GB of RAM.
The tests showed a doubling in speed – at least, when comparing the performance of sending data between two v0.13.2 nodes, versus between two v0.14.0 nodes.
Could be usefull for Dash too So. I decided to do a very unscientific test on this. Brought up both DASH and BTC wallets and timed them to fully sync. First DASH. It was 10 weeks behind. It took 11 minutes from the started time until it was fully synced, Including master node info and proposals Then BTC It was only 8 days behind It took 4 Hrs 15 minutes. This doesn't take into account my wallets, which the BTC one could have more address to check, but not a huge amount. Also I don't know how the number of transactions in a block come into play. I knew BTC was a dog, but I didn't realize just how much. Thank you for putting some time into this. It could be that Dash already made some improvements towards node speed in the past, as the dev team went through the code very thoroughly these last few months leading up to update v.0.12.1 It could also be that this specific improvement from Bitcoin will get integrated into Dash, when Dash dev-team integrates Bitcoin update v0.14.0 into Dash. Making Dash even faster with regards to syncing and node relay.
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http://www.coindesk.com/how-bitcoins-p2p-layer-got-a-speed-hike-in-the-latest-core-release/Bug discovery
His later approach of working to improve the existing codebase arguably worked better than expected though, leading to a “Satoshi-era” bug discovery.
“As I started to break things up, I noticed something odd about Core's bandwidth usage during initial block download,” Fields said.
The problem was that, when a node would download blocks from another node, the speed at which blocks were passed along would be sometimes fast, other times slow – and at unexpected levels.
Digging further, he and other developers determined that nodes would stubbornly refuse to send data and process data at the same time (though this is an oversimplification). The node would just do one process at a time.
Speed fix
The fix the team finally arrived at saw its debut in the recent Bitcoin Core code release, changing how quickly nodes can pass information to one another.
“In particular, the p2p layer gets a huge speedup,” Fields said.
He ran some tests to compare the last bitcoin version (0.13.2) with the new version with the improvements (0.14.0), looking at nodes that were deployed to the cloud on Amazon EC2 instances with two CPUs and 4GB of RAM.
The tests showed a doubling in speed – at least, when comparing the performance of sending data between two v0.13.2 nodes, versus between two v0.14.0 nodes.
Could be usefull for Dash too
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I am not sure if Bitcoin have $10+ millions marketing budged. For sure no other coin does.
Nope, even though the market cap of Bitcoin dwarfs Dash, Dash has a significantly higher marketeting budget, and the video I saw had a Dash price of around $26 I think. I think the video was on Dash Detailed youtube channel so if anyone really wants to know the exact figures its on there somewhere (or maybe Cryptoversity) *edit* http://dashdetailed.com/2017/02/07/why-arent-we-seeing-greater-cryptocurrency-adoption-easy-to-read-format/its in a slide in there, and its only $13.50 Dash and the funding dwarfs the Bitcoin Foundation at that level, so now that Dash is $50..... Dash Network Effects : Now imagine 5 years into the future ... with above in mind. For longterm investors this cryptocurrency has been setup brilliantly, with a very thought-through strategy. All economic factors that should encourage longterm price growth and marketcap expansion are in place.
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Damn, look at Dash go !! It is like Dash has forgotten where it put the brakes Sorry guys, i got distracted for a second .. please continue with this very important topic. Important in the sense that people may finally understand the difference between a premine and fastmine / instamine once and for all. Lets face it, people look kinda dumb when they still try to pin down a premine on Dash .. noobish even. Instamine yes, premine no.
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And it will rise again within the next days. I think 0.05 still possible.
Could even be possible today... 1 Dash = 0.04299999
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Dash rises to the 0.043 BTC range. We will see 0.1 sooner or later. We will see Ethereum pretty soon too at this rate
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Dash rises to the 0.043 BTC range. Price / Marketcap :
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Monero : has a focus on darkmarkets only, niche market Dash : has a drive to become mainstream usable, is in a position to open up new markets and competes directly with Bitcoin.
Two totally different targets...
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Dash price rising again just before possible approval or denial of ETF for Bitcoin. Maybe some hedging against Bitcoin going on right now ? 1 Dash = 0.04108 = $49,39 Overview of Demand versus Supply : http://newbium.com/markets/buysell/DASH.html
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