How the market sees it: How i see it :
Fixed it for you, you are welcome. |
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Look toknormal, you can bring hashrate, number of transactions, number of masternodes to this supply discussion, but that still does not support your claim that without competitive mining, supply will somehow get additionally inflated. It will not. There is existing supply, there is max supply and there is our emission rate schedule that determines how much Dash will be generated each day and what the max supply will be. The supply inflation comes from our emission rate schedule, not from competitive mining. Changing the hashrate does nothing to supply, it certainly does not inflate or deflate supply.The amount of supply generated each day / week / month does not change when there is lower or higher hashrate.
With regards to the market : the market punishes most Altcoins at this stage, not just Dash and it does not exclude PoW coins like Bitcoin Cash or Zcash either.
If the market really values competitive mining over less competitive mining, then it would have valued PoW coins like Bitcoin Cash and Zcash higher. Instead they have the exact same price performance as Dash.
You're right. Many altcoins are at the bottom right now. But it won't always be that way. Dash is a very promising and lively project. I believe in the success of this cryptocurrency! I believe that too. I am in it for the long term. |
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Because you have not provided any statistic or factual support for that little theory of yours.
It is nothing more then a personal opinion, that very few people in this Dash community place any value on. LoL ! Are you serious ? What is it about the phrase " we don't need all this hashrate" you don't understand ? The protocol itself only requires 40% of the chain to be mined. You can switch it around philosophically anyway you like and say (for example) that the entire chain is mined, but then you've got to accept that the cost is borne disproportionally by investors in the primary supply (who finance the mining). There is no escape and you're going to have to address that disparity because the market sees it and we have our fingers in our ears. Changing the hashrate does nothing to supply, it certainly does not inflate or deflate supply.The amount of supply generated each day / week / month does not change when there is lower or higher hashrate. With regards to the market : the market punishes most Altcoins at this stage, not just Dash and it does not exclude PoW coins like Bitcoin Cash or Zcash either. If the market really values competitive mining over less competitive mining, then it would have valued PoW coins like Bitcoin Cash and Zcash higher. Instead they have the exact same price performance as Dash. Dash -95,4% Price Down from ATH Bitcoin Cash -93,6% Price Down from ATH Zcash -93,2% Price Down from ATH Source : messari.io |
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Because you have not provided any statistic or factual support for that little theory of yours. It is nothing more then a personal opinion, that very few people in this Dash community place any value on. Competitive mining does nothing to the emission rate schedule or the supply that gets generated because of that emission rate schedule. There is simply no connection there. So no, competitive mining does not inflate supply in any way. It is factual incorrect. We could give miners 60% of the blockrewards and still end up with the exact same supply. Same with masternodes getting 60% of the block rewards, no change in supply. Zero change in supply. The only inflation comes from the supply inflation, that comes directly from the emission rate schedule. |
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The supply is the result of our emission rate schedule. Since Dash is not messing with the emission rate schedule in any way, there is no inflating of the supply. More than half of Dash's supply will be inflated on a purely numerical basis without recourse to competitive mining, Incorrect. But good luck trying to convince people 1+1=3 Maybe you can start your own little cult club. Not based on facts and reported supply numbers, but based on what you think the market likes and values. A cult club based on unsupported opinions and focused on dumping everything on the first pump that comes along. |
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Bitcoin innovator of proof of work. Peercoin innovator of proof of stake.
Dash innovator of Masternodes, ChainLocks (protection against 51% attacks), InstantSend, PrivateSend and soon Dash Platform with data-focused Dapps, Blockchain Identity, Blockchain Usernames, Decentralized API, Blockchain Data Storage. Those features are also giving Dash value and differentiate Dash from other coins. Proof of Work is just one of many factors that influence the value of a coin, it is most certainly not the sole all-driving factor. |
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The market shows me that proof of stake coins have not held value as well as proof of work. Dash is only 45% proof of work, soon to be lowered even further to only 40% proof of work. This is where most of its store of value comes from and is only 40% effective.
ie 9 millions coins that are produced at 100% proof of work competitive mining would be expected to be valued more than 9 million coins produced with 40% proof of work which would be valued more than 9 million pure proof of stake produced coins. After accounting for initial hype cycles and things like that
With you simply repeating toknormal, i may as well simply repeat myself : https://bitcointalk.org/index.php?topic=421615.msg55397118#msg55397118 (with some updated percentages) Dash : -95,3% price down from ATH Zcash : -93,0% price down from ATH Bitcoin Cash : -93,7% price down from ATH Source : messari.io That is at least two PoW coins that have '100% of its supply subjected to competitive mining' and are price performance wise not doing demonstratively better then Dash in this bear market. Directly invalidating the assumption that coins with '100% of its supply subjected to competitive mining' is doing better then Dash. And no, most of Dash value is not coming from PoW, but from speculation and from usability and perceived future usability. Our recent price pump is a good exampe of that : DASH Price Explodes 18% After DeFi Announcement https://cryptoticker.io/en/dash-price-explodes-18-after-defi-announcement/ I am also pretty sure Dash will get another price re-evalution, once Dash Platform hits Dash Mainnet next year and expands its number of use cases. None of that has to do with Proof of Work. |
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Every website out there is reporting 9,7 million Dash as Dash supply, not 60% of 9,7 Million Dash.
Could you please stop pretending I'm making an argument that I'm not making ? It's nothing to do with the quantity of the supply, it's how it's valued by the market. How so ? Because you think that the market value it that way ? That is a very weak and personal assumption of how you think the market values things. And you are not even providing any proof for that. I guess we will just have to take your word for it, that you are the only one who totally understands what the market likes and not likes, values and not values.  |
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Since Dash is not messing with the emission rate schedule in any way, there is no inflating of the supply. Nice one in arguing a point I wasn't making. I was pointing out that inflating the supply on a purely numerical basis (as Dash will do with 60% of its supply) as opposed to exposing every block to compatitive mining is something the the (store of value) market does not like. Remember, a masternode is just a miner with a zero cost base. <-- markets have a problem with this. The market obviously don't see that 60% of supply, it just sees 100% of (circulating) supply --> 9,7 Million Dash as supply.  Source : coinmarketcap You are literally the only one incorrectly seeing a whole lot less supply. Every website out there is reporting 9,7 million Dash as Dash supply, not 60% of 9,7 Million Dash. Just weird how you can ignore Dash supply like that. Even more weird is how you can fabricate a whole market theory around it. Just looking at it makes it fall apart. To put this very blunt : every website out there reporting Dash supply is directly invalidating your market assumption in a very clear and obvious way. |
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I don't see how this solves anything. It's just doing what peercoin did - inflating the supply on a purely numerical basis and spreading it around existing users.
The supply is the result of our emission rate schedule. Since Dash is not messing with the emission rate schedule in any way, there is no inflating of the supply. Adjusting the blockreward allocation between masternodes and miners or increasing number of masternodes or increasing the number of miners will not inflate or deflate our supply in any way. The only reason Dash currently has a high supply inflation (between 6 & 7 percent) and will continue to have a high supply inflation for the next 5 years in comparison to other crypto projects, is our emission rate schedule. Emission rate schedule --> (Circulating) Supply Emission rate schedule --> Max Supply Source : https://coinmarketcap.com/coins/Dash Supply Inflation  Source : https://terminal.bytetree.com/dashBitcoin Cash Supply Inflation  Source : https://terminal.bytetree.com/bitcoin-cash-abcLitecoin Supply Inflation  Source : https://terminal.bytetree.com/litecoin |
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V.0.16.0.1 Update Progress Masternodes : Dash needs 80% of the masternodes updated. Once 80% of the masternodes have been updated, there will be an additional 7 days for masternode operators to update, before spork 21 gets activated. Once spork 21 gets activated, masternodes not yet updated to v0.16.0.1 will start to receive PoSe scoring and will ultimately get PoSe banned from the network (which means no more masternode rewards for those masternode operators).  Source : https://www.dashninja.pl/deterministic-masternodes.htmlMiners : Dash currently needs 79.22% of miners signalling readiness for v0.16 in their mined blocked. This percentage will get lower each week, until after approx 10 weeks the readiness level reaches 60%, after which it will stop declining any further. The percentage of miners signaling readiness will fluctuate heavily each day, but should see a gradual rise the coming weeks.  Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (v16.0 Adoption)
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I think it will be broken very soon as StakeCube has been starting a new masternode every 7 - 14 days on average as more people find that joining a shared masternode pool is much affordable for most as the minimum amount needed to join a pool is just 0.25 Dash. I actually think Dash is a steal at this price so I'll be buying more in the coming days.
Actually it has been broken already, 30 more masternodes were activated on the Dash network in just a few hours  Welcome new ATH of 5000  Source : http://178.254.23.111/~pub/masternode_count.pngWhich means that currently from Dash circulating supply of roughly 9,7 Million Dash (source : coinmarketcap), 5 Million Dash is serving as collateral for masternodes. If people are looking for a way to get some interest on their Dash, they can also look into Binance. DASH Added to Customizable Locked Savings on Binance https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcbJust be aware this is a trusted service, not a trustless service. People will need to leave their Dash on Binance and people will need to place trust in Binance. |
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Did someone mentioned masternodes ?  Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (Count 7 Days) Looks like number of active masternodes has been rising again (from 4,945 to 4,970 during the last 7 days). ATH is at 4,988. Will it get broken ? Stay tuned.... |
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Something tells me that people trying to short Dash today, are not going to have a very nice day today   |
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I have noticed that there are 5 new coins that reached the latest top 50 ranking list:
1. Polkadot - Rank 8
2. Filecoin - Rank 28
3. Uniswap - Rank 34
4. Uma - Rank 38
5. Yearn Finance - Rank 40
Projects with full platform development and Hype defi have changed the list of top 50 coins before, each project appears in a different way but only projects whose products are already established survive market turmoil, because that hype will change as soon as the community gets fed up of It.
Marketcap = Supply x Price https://coinmarketcap.com/coins/Polkadot (Rank 6) : existing crypto coin that issued a denomination that increased its supply x100 and decreased its price x100 --> https://medium.com/@polkadotters/how-polkadot-token-denomination-is-going-to-affect-trading-e6dfae5c0d68 Filecoin (Rank 19) : new crypto coin that just launched its Mainnet --> https://decrypt.co/45013/crypto-exchanges-filecoin-mainnet-launchhttps://coinmarketcap.com/tokens/Uniswap : DeFi token (Rank 10) Uma : DeFi token (Rank 13) Yearn Finance : DeFi token (Rank 15) Difference between coins and tokens : Coins have their own blockchain & have full control over their own fees and network. Tokens are mostly depending on one specific blockchain (often Ethereum) and have no direct control over the fees and network. If that one specific network that so many token projects depend on is congested and unable to scale, then all those token projects will feel the negative effect of that as well (high fees). Comparing coins with tokens is like comparing apples with oranges. |
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So by reducing the proportion of the supply that's subjected to competitive mining, all we're doing is reducing the aggregate"opening price" for all Dash from its optimal, compared to coin that has 100% of its supply subjected to competitive mining.
Dash : -95,97% price down from ATH Zcash : -93,41% price down from ATH Bitcoin Cash : -94,23% price down from ATH Source : messari.io That is at least two PoW coins that have '100% of its supply subjected to competitive mining' and are not doing demonstratively better then Dash in this bear market. Directly invalidating your assumption about coins with '100% of its supply subjected to competitive mining' doing better then Dash.  Broken clock = Broken clock I am starting to think you only post these kind assumptions in an effort to convince yourself. There is no need for that, it certainly looks like you managed to convince yourself pretty well. |
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I don't think Dash is undervalued, because if we look at the data that Dash has a market cap of around $ 651 Million, and a volume (24h) of
approximately $ 566 Million. This proves that Dash's demand is quite high, so I don't agree with Dash being undervalued. But unfortunately
if we want to do anonymous transactions, we would prefer to use XMR instead of Dash. So Dash is only losing popularity, but still Dash is
a privacy coin that is still in demand today.
i also think its under value because the coin is not being talked about the most but i know that this coin is one of the top coins . the coin is also present on many gambling site . i didnt know that dash is a privacy coin too same as monero but its true that monero is more popular when it comes to privacy coin choice . dash should promote its other top notch feature if the coin cant win in the privacy category . or why not update the dash like what we are seeing on other coins like eth that have thier eth 2.0 , that way dash can be re discovered again . Dash has less risk of getting removed from exchanges, then privacy-focused cryptocurrencies like Monero & $0xMR, because Dash uses optional privacy that is based on CoinJoin (developed for Bitcoin and still active on the Bitcoin network). Dash optional privacy method (PrivateSend) explained https://docs.dash.org/en/stable/introduction/features.html#privatesend (press reload if it does not load correct first time) CoinJoins as a Percentage of All Bitcoin Payments Have Tripled to 4.09% Over the Past Year https://en.longhash.com/news/coinjoins-as-a-percentage-of-all-bitcoin-payments-have-tripled-to-409-over-the-past-yearI actually suspect there is more mixing activity happening on the Bitcoin network (through CoinJoin), then on the Dash network (through PrivateSend). Both Dash and Bitcoin have publicly viewable open blockchains, privacy-focused cryptocurrencies like Monero tend to have closed-off blockchains. https://dashnews.org/okex-korea-pauses-previously-announced-dash-delisting-pending-reasearch/ Dash is still traded there : https://okex.co.kr/kr/view/exchange/full?coin=DASH&market=BTC They did delist Monero. https://cointelegraph.com/news/australian-exchanges-delist-privacy-coins-amid-chainalysis-integrationDash is still traded there : https://www.coinspot.com.au/buystop/dashThey did delist Monero https://cryptonews.com.au/australian-crypto-exchanges-forced-to-delist-privacy-coins-or-be-debankedDash is still traded there : https://swyftx.com.au/buy/dash-dash/They did delist Monero |
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