I will give you one last opportunity to answer why Bitcoin Cash (where 100% of the blockrewards go to miners), has such a similar negative price performance as Dash. Because Bitcoin Cash faces competition from 100% mined coins - just as we do - and lost capital to them - just as we did. So the negative price performance has to do solely with the miners and the increased competition among 100% mined coins ? And it is pure coincidence that other coins (not proof of work) have similar price percentage down from ATH like Dash (-95.82%) & Bitcoin Cash (-95.06%) ? Coins like IOTA (-95.57%) or NEM (-94.49%) or Stellar (-92.24%) or Ripple (-93.79%) ? Link : https://bitcointalk.org/index.php?topic=421615.msg55267388#msg55267388Or maybe, just maybe there are other market forces at work that drove the price of all the Altcoins down, market forces like whales manipulating the Altcoins market. Which means this could be totally unrelated to miners, rendering your market theory obsolete. Any thoughts on that ? |
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If you can't answer that question, that simply means your market theory is pointless as it does not take into account price performance.
No it doesn't it means that you're trying take ranking performance (which is a direct measurement of how competitive we are in terms of attracting investment compared to other coins) and turn it into an argument about price performance so you can cherry pick some arbitrary segment of a lame competitor's price history and use it to whitewash a genuine debate about masternode margins, how they are going to waste, depleting capital growth and how Dash ROI does not translate into $USD ROI without factoring in capital losses. I will give you one last opportunity to answer why Bitcoin Cash (where 100% of the blockrewards go to miners), has such a similar negative price performance as Dash. Dash : -95.82% down from ATH Bitcoin Cash : -95.06% down from ATH It is really a very simple question. Actually i have another very simple question for you : do you think investors will look at the price performance of a cryptocurrency they want to invest in ? |
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Please explain why Bitcoin Cash (where 100% of the blockrewards go to miners) has such a similar negative price performance as Dash ? Should they not be doing a whole lot better then Dash according to your market theory ?
They should be doing a lot better than us in marketcap ranking (according to my theory) which they are and according to your theory, any capital value they have lost should be going to Dash, not other 100% mined coins. I think you might find that's not the case. I am not talking about marketcap or marketcap ranking, i am talking about price performance. Please answer the question, thank you. If you can't answer that question, that simply means your market theory is pointless as it does not take into account price performance. This price performance : Dash : -95.82% down from ATH Bitcoin Cash : -95.06% down from ATH Marketcap = Supply x Price |
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That is not how Dash governance works. We are not going to bypass our complete governance system, just so you can test your little market theory that so few people support. Well my "little market theory" would seem to have more voters from those that actually matter - which is market buyers and it isn't difficult to see why because they are getting increasingly screwed for value as we advocate for ever greater primary supply reward to be siphoned away from them and consolidated in the hands of existing holders. Now nobody benefits - not even those holders - because the market simply keeps devaluing the exchange ratio accordingly to compensate and will continue to do so. Lets take a look at what those market buyers / sellers have been doing over the years :  Source : messari.io Looking at the price performance, Dash does not particularly stand out between the Altcoins with regards to percentage down from ATH. Specifically comparing Dash with Bitcoin Cash (which is our main competitor and also a proof of work project), there is actually very very little difference in negative price performance. Dash : -95.82% Bitcoin Cash : -95.06% Please explain why Bitcoin Cash (where 100% of the blockrewards go to miners) has such a similar negative price performance as Dash ? Should Bitcoin Cash not be doing a whole lot better then Dash according to your market theory ? After all, their miners receive 100% of the blockrewards.... |
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Why don't you start by donating your own masternode rewards to miners ? Show us the way, be our leading example of how things should be done. Maybe all the masternode operators are just waiting on one masternode operator to lead the way  sorry, but a masternode operator continuously bitching about masternode rewards needing to be redirected to miners, while that same masternode operator does not participate in the governance part for some time now and just collects his masternode rewards all these years, is beyond hypocrite in my eyes. If something's wrong and failing, it's wrong and failing whether governance votes endorse it or not and it should be corrected That is not how Dash governance works. We are not going to bypass our complete governance system, just so you can test your little market theory that so few people support. You can advocate for this 'wrong and failing' with every post you make, but that override will simply never happen. The only chance you have to achieve change is through the governance system, which means convincing masternode operators. This is the wrong forum to achieve that. Which makes me wonder how serious you really are about all of this. In a way this forum is a good forum to just dump some opinion in without worrying too much about getting a backlash from many masternode operators at once. A backlash you most likely get if you would start a discussion about this on dash.org/forum or on Dashpay Reddit. |
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Do your feelings change after Evolution is released and the masternodes become more utilized?
So while there's so much margin in the node revenues (that investors end up paying for and get nothing in return) it should be directed to miners (because then at least investors get "coin"in return and will keep on investing). Why don't you start by donating your own masternode rewards to miners ? Show us the way, be our leading example of how things should be done. Maybe all the masternode operators are just waiting on one masternode operator to lead the way Sorry, but having someone continuously bitch about masternode rewards needing to be redirected to miners, while that same person is actually a masternode operator that does not even participate in the governance part (for some time now) and just collects his masternode rewards all these years, is beyond hypocrite in my eyes. That person is preaching one thing and doing the opposite. |
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Is DASH doing something interesting?
Without innovations users will loss interest in the project, now don't get me wrong, i like DASH, i am not a hater.
In the other hand we have ETH, more interesting, the interaction with users is what is missing in DASH.
Dash Core Group is busy with Dash Core version update v0.16 to be released on Mainnet (hopefully end of this month) and busy preparing Dash Platform (5 years in the making, also known as Dash Evolution) to be released on Testnet (end of this year). Links : https://cointelegraph.com/news/dash-is-evolving-into-a-decentralized-cloud-cryptocurrencyhttps://www.dash.org/roadmap/ (you can click on the bullet points to get more info) https://blog.dash.org/ (see Updated Product Brief: Dash Core Release v0.16.0) Busy times. |
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I just don't give a f.ck about what you say, period! just let me know when you pump the coin again so I can sell... deal? that's the only thing I am interested in. $$$ baby!
 I sense example 2. What you need to do, is change that into example number 3. You can do it, i have faith in you.  To be honest, i think you are a perfect example of example 18. |
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wtf are you talking about? I am not eth user...or any other coin. for me it's all about the $$$ that's all. I just gave an example between those 2 coins that's all. who gives a f.ck about scale and fees? nobody cares bro, it's about the profit that's all. I don't buy coins to use them, I invest to make a profit over time and this coin can't do that. simple as that. btw....I have some dash in my portfolio, it is in my best interest to see this coin succeed and go in top 10 again but I am sure that this will not happen again anytime soon....if ever!
Well, i can give you examples of other coins : Dash ATH : $1,642.22 Price : $68.40 Percentage Down from ATH : 95,83% Bitcoin Cash ATH : $4,329.52 Price : $215.08 Percentage Down from ATH : 95,03% Ripple ATH : $3.84 Price : $0.232 Percentage Down from ATH : 93,95% NEM ATH : $2.09 Price : $0.107 Percentage Down from ATH : 94,88% IOTA ATH : $5.69 Price : $0.237 Percentage Down from ATH : 95,86% ZCASH ATH : $953.34 Price : $52.82 Percentage Down from ATH : 94,47%% Source : messari.io Lets face it, your example sucks as it reeks of prejudice (only Dash is doing sooo baddd) and your talk about who needs fees and scalability kinda sucks too : Ethereum High Fee https://bitcointalk.org/index.php?topic=5277445.0Ethereum fees are crazy... https://bitcointalk.org/index.php?topic=5276820.0Etherum Fees Double In a Week As DeFi Heats Up https://bitcointalk.org/index.php?topic=5276964.0I'm scared of ethereum gas fee https://bitcointalk.org/index.php?topic=5276992.0ETH's fees on "De-Fi" platforms are ridiculously high https://bitcointalk.org/index.php?topic=5273624.0 I am just glad Dash does not have these kind of heavy issues about fees and scalability. |
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wow, I remember dash at $1.6k in 2017 and eth at $1.4k , now I can buy almost 5 dash with 1 eth, how this is a good thing?
Why would Dash users be interested in Ethereum, a network that is highly congested and has extremely high fees ? Such high fees that people are having difficulty getting out of DeFI projects, as interacting with DeFi protocols gets you fees that run up to $100  https://cointelegraph.com/news/99-gas-fees-on-ethereum-are-crippling-defis-growthhttps://cointelegraph.com/news/using-a-defi-protocol-now-costs-more-than-50-as-ethereum-fees-skyrocketAn Ethereum network that has proven time and time again, that it simply can not scale. It is remarkable the number of Ethereum users leaving Ethereum for other platform networks with much lower fees right now. It is turning into an exodus of sorts. And those that remain with Ethereum put all their hope on ETH 2.0 update, a multi-year (2020-2022) update with several phases that only provides scalability in later phases (phase 1 & 2), not in the first phase (phase 0 / PoS phase) that still need to be approved by the Ethereum community. Ethereum success (price) has become its downfall (higher fees, driving users away). And why would Ethereum users be interested in Dash ? A network that is far more focused on payments, can actually scale, settles its transactions within a few seconds, manage to keep its fees low and will introduce data-type smart contracts, through its Dash Platform next year. Edit : on second thought, i can see why Ethereum users would be interested in Dash or any network that can actually scale and has low fees. Nice brand new account by the way. |
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I do admit i kinda feel like a poppet master at times.  And let me tell you all, it is not easy getting a troll so far as to post 8 times within 10 minutes. You really have to get deep under their skin. Luckily some of these trolls have such an easy button to press. It is like a big arrow is pointing to their button, saying 'push me'. The things i do, to get this Dash ANN some free bumps  |
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And we are on a new page already. Time goes fast when having trolls on ignore  Edit : And yes, i can see why having a certain troll not on ignore would give people a headache, i can totally see that. |
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I believe it is not going to be as tough as people claim to be. Bitcoin has around 7-10 dollar fee right now and nobody cares about it, whereas ETh has around 2 dollars right now and people act like it is end of the world. If bitcoin can reach to 10k with 10 dollar price, that means ethereum could at least be 2 thousand dollars with 2 dollar fee as well, there is no need to make an overreaction.
We would want both bitcoin and ethereum fee's to be lower, who would be fine with paying such huge fees, considering there are people who use it from third world countries where 2 dollars is literally a meal price, it is understandable to want it lower. However wanting it lower and not using it for the price are different and I doubt anyone is leaving because it is 2 dollars.
It is not only the gas fee that has been getting higher, there are also ballooning fees for interacting with the DeFi protocols. Getting hit with those fees (that can run up to $100) is just insane. https://cointelegraph.com/news/99-gas-fees-on-ethereum-are-crippling-defis-growthhttps://cointelegraph.com/news/using-a-defi-protocol-now-costs-more-than-50-as-ethereum-fees-skyrocketIt will be interesting to see how those fees develop when more DeFi projects (similar to Uniswap) make a large move on Ethereum network. |
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DASH expected to hit the 64.885 support level https://www.cryptopolitan.com/dash-expected-to-hit-the-64-885/This article seems to be pretty accurate so far, Dash still testing its previous low. Lets see when Dash bearish sentiment changes. Dash support and resistance according article at $64,885 and $79,659 As usual it all depends on Bitcoin price movements, which seems to be getting a bit more volatile lately. This is of course affecting most (if not all) altcoins. It will be interesting to see if Bitcoin price can manage to stay above $10,000 or if it crashes through its support in the next few days. There is still a CME Bitcoin futures contract gap that expires 25th of September 2020, which is at $9,600 This could cause some increased Bitcoin volatility. Or maybe it is Bitcoin close connection to the stockmarket (which is in the red), that is causing Bitcoin volatility. |
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Dahaa is not whining because the Dash price is down, he is trolling Dash because he loath Dash. Dash price up or down does not really matter with this troll. Most likely he is a fanatic Monero supporter, who feels threatened by Dash from day 1. Please just put him on ignore, no need to directly quote and have lengthy conversations with trolls like Dahaa. Dash community members who already have Dahaa on ignore for trolling, keep getting faced with his trolling posts this way. We should try to avoid directly quoting known trolls and we should try to avoid having lengthy discussions with them, as much as possible. Specially those trolls that do not have much interesting to post in the first place (which i call low level trolls). It is not like we are missing out on a really interesting point of view from those kind of trolls (those low level trolls that just shout scam and accuse everyone of being a bot) If people want to reply to known trolls directly, then please replace the quotation with a '~~' or something. I love what Dash has build over the time, i hold a few coins in an old wallet and i am proud of it.
Good to hear, i feel the same. |
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I wonder if this is one of those attempts to close the CME Bitcoin futures gap (currently at $9,600 and expires the last friday of the contract month --> 25th of September 2020)
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