Oh those articles again! Written so objectively by people who could have no possible agenda whatsoever  Thanks to user dnale0r for compiling much of this information in a very accessible manner and to Tone Vays and Riccardo Spagni for their discussions and helping to raise awareness about DASH’s origins. Instead of regurgitating the same old trollero FUD, why don't you try doing your own research? Oh, you're probably on payroll.... well I hope they're paying you enough to compensate for what you're missing out on by not buying Dash  You don't have the knowledge and intelligence required to rebut the factually verifiable claims in the Bitcoin Magazine articles. So you deflect and wave your hands around, changing the subject to irrelevant side show distractions such as the identity of the author, conspiracy theories about a possible agenda, and lazy characterizations of the well-researched material as "regurgitation" and "FUD." I've done my own research and can say Bitcoin Magazine articles are 100% correct. But you'd rather shill with an appeal to FOMO than actually get your hands dirty discussing the content of the articles. That's so typical of the Dash community. Attack the messenger, ignore the message, and put yet another appeal to greed at the end. Anything to prevent noobs from learning about Dash's massive Instamine, Howey Test results (Dash = illegal security), and centralized governance. |
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clearly
I don't know about you, but when I went to grad school they told me I had to provide evidence and documentation to support statements like this, but maybe you missed that day? P.S. Here's a question that none of you trolls have ever been able to answer: If Evan "clearly" planned the early emission problems and mined tons of Dash early on, then why is he still working on the project? The price of Dash exceeded $11 each in May 2014...if Evan deliberately planned some elaborate scam, then why didn't he sell everything in May 2014 and just disappear, like so many other coin developers have done? If Dash's instamine was a deliberate scam executed by Evan, WHY is he still working full time developing the coin? Why? Yes, clearly: The official story about the instamine: https://dashdot.io/alpha/?page_id=118Evan Duffield:“The instamine happened, there is no one disputing that fact. The crypto-community at large has no problem with this except a few who think it’s trying to be hidden in some way. In fact, I posted multiple times about the instamine, first in “The Birth Of Darkcoin” which is an account of the first few weeks of the launch and the mistakes that were made. Recently I also posted spoke about the Instamine in the video “Virtual Corporation”, which considers the concept that it might have been key to Dash’s success, which I believe now. It’s also important to note, I was working a very challenging day job while working on Dash in the first couple weeks. So I was putting out fires every night, keeping tabs on Dash during the day (while getting yelled at by my boss when he caught me a couple times). Eventually I quit when I got Dash stable enough to work on full time and decided I really wanted to explore what I could do with it. “ ---------------------------------------------------- The evidence shows that it was a planned instamine. This wasn't mentioned before launch. The features of this coin were also not public at launch. => Nobody was really interested in the coin at launch, making this instamine more a kind of "stealth launched premine". In my books, that's a scam. Please don't ignore the facts: 2013-12-29: 2 guys from Hawk Financial Group, Evan & Kyle, are asking on the Bitcoin Dev mailing list for "1 or 2 really good C++ programmer that is familiar with the bitcoin internals to help with a for-profit startup". They are planning to build a unique coin that is "not just a clone of the original Bitcoin code" but in stead "a merge-mined altcoin that will provide a very useful service to the whole crypto-coin ecosystem". They claim to have "detailed plans on how to implement it". 2014-01-18 There were some issues at launch, so Evan said he would postpone the launch and would "definitely not" launch it in the next hours. But he did launch it a few hours later. 2014-01-19 Xcoin was launched. This was the emission in the first 72 hours of the coins existence:  This was the emission of the first 100 days:  At the moment, there are about 6 million DASH in circulation. There would be 84 million Xcoins eventually. Note that in the first hour, 500k Xcoins were mined. Due to the "quick fix" of the bug, not many people expected to launch a few hours after Evan said he would "definitely not" launch in the next hours. 2014-01-19 Right after the launch, there were problems with the window binaries. Evan clearly was mining right from the start, as he offered 5000 Xcoin as a bounty for compiling the binaries. 2014-01-20 After the emission of almost 2 million coins, Evan said that "now that everything is stable, I'll be posting later about the vision of this project and milestones!". Up until this point, only the "X11 hashing algoritm" was a known feature. According to him, it was "time to move on to actually implementing what I set out to do". 2014-01-22 Evan releases his plans for XCoin. At this point, more than 2 million coins were mined. Xcoin rebranded to Darkcoin and eventually to DASH later on. --- Later on, some contradictions surfaced: * The emission schedule changed multiple times. The latest we heard is that the number of coins would be somewhere between 14 million and like 16 million DASH. * Evan said that this project was just a hobby he started while working on a full time job and coded Xcoin in a weekend. * Evan claims there were hundreds of miners if not thousands when Xcoin launched. Recent investigation showed that there were 124 IP addreses that were mining at the start. 115 of those addresses where Cloudhosting and Dedicated Servers, 9 of them seem to be private/users.106 of them were at Amazon AWS and Microsoft Azure cloud instances. --- Conclusions: *Evan isn't acting alone, he had/has a team behind him right from the start. It wasn't a hobby. he had a plan to make a profit. *Evan had plans for his coin right from the start, but didn't release them until after the instamine *1.5 million coins were mined in the first 8 hours. Most of these coin ended up in his (and his friends) hands. It's very likely the 500k in the first hour were only mined by him with cloudhosting services. *He lowered the emission later on, to make his relative share of coins bigger. Evan was looking for c++ devs for a "for profit startup" at the end of 2013 for the launch of an altcoin. How can you make a profit by launching an altcoin (and be sure to be able to pay your devs)? Answer: by premining and/or instamining. How he did it is pretty easy: *telling people the release would definitely not be in the next couple of hours and after that do launch it a few hours later *buggy windows binaries *a "code error" creating 500k coins in the first hour, >1.5 million in the first 8 hours. QUESTION: >How can this be all an accident and NOT be intentional? ANSWER: >by premining and/or instamining. => DASH was clearly a planned instamine (and thus a scam)^^That is why Dash is a laughingstock among top crypto devs like gmax, coblee, and ptodd. Here's the latest joke at Dash's expense:  https://twitter.com/SatoshiLite/status/896048148774137857Dash's massive 20% Instamine was not an accident, and Evan was not honest about it until the community humiliated him into removing his false "No Premine" claim from the OP. |
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For Cas coins, I could consider peeling them all in the next 5 years if the price continues to hold at these levels or increase. I can't imagine that the ink will not start to fade to the point of illegibility at some point. Especially for the raw examples that are sitting in a desk draw or other humid environments. Perhaps the Cas coins in ANACS holders could delay the fading by several years.
Some of the newer physical crypto makers put some more thought into the ink and substrate that they printed the private keys on. Those might last another 15-20 years, but at some point I would think they are all a risk for fading.
Don't worry about fading. When the coins are worth enough we may use advanced scanning techniques to read the keys (unless the collectible value of unpeeled coins makes the option moot). http://eu.greekreporter.com/2015/01/22/scientists-read-greek-volcano-burnt-scrolls-found-in-italy/ |
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Up for sale I have a beautiuful 2011 1 BTC Casascius Error coin!
This one is in great shape and I think would grade quite well.
Asking 2.1 BTC firm.
Thanks for looking!
What a great coin. I want it sooo bad but am too damn cheap.  Thanks for making it available. |
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clearly
I don't know about you, but when I went to grad school they told me I had to provide evidence and documentation to support statements like this, but maybe you missed that day? P.S. Here's a question that none of you trolls have ever been able to answer: If Evan "clearly" planned the early emission problems and mined tons of Dash early on, then why is he still working on the project? The price of Dash exceeded $11 each in May 2014...if Evan deliberately planned some elaborate scam, then why didn't he sell everything in May 2014 and just disappear, like so many other coin developers have done? If Dash's instamine was a deliberate scam executed by Evan, WHY is he still working full time developing the coin? Why? Yes, clearly: The official story about the instamine: https://dashdot.io/alpha/?page_id=118Evan Duffield:“The instamine happened, there is no one disputing that fact. The crypto-community at large has no problem with this except a few who think it’s trying to be hidden in some way. In fact, I posted multiple times about the instamine, first in “The Birth Of Darkcoin” which is an account of the first few weeks of the launch and the mistakes that were made. Recently I also posted spoke about the Instamine in the video “Virtual Corporation”, which considers the concept that it might have been key to Dash’s success, which I believe now. It’s also important to note, I was working a very challenging day job while working on Dash in the first couple weeks. So I was putting out fires every night, keeping tabs on Dash during the day (while getting yelled at by my boss when he caught me a couple times). Eventually I quit when I got Dash stable enough to work on full time and decided I really wanted to explore what I could do with it. “ ---------------------------------------------------- The evidence shows that it was a planned instamine. This wasn't mentioned before launch. The features of this coin were also not public at launch. => Nobody was really interested in the coin at launch, making this instamine more a kind of "stealth launched premine". In my books, that's a scam. Please don't ignore the facts: 2013-12-29: 2 guys from Hawk Financial Group, Evan & Kyle, are asking on the Bitcoin Dev mailing list for "1 or 2 really good C++ programmer that is familiar with the bitcoin internals to help with a for-profit startup". They are planning to build a unique coin that is "not just a clone of the original Bitcoin code" but in stead "a merge-mined altcoin that will provide a very useful service to the whole crypto-coin ecosystem". They claim to have "detailed plans on how to implement it". 2014-01-18 There were some issues at launch, so Evan said he would postpone the launch and would "definitely not" launch it in the next hours. But he did launch it a few hours later. 2014-01-19 Xcoin was launched. This was the emission in the first 72 hours of the coins existence: This was the emission of the first 100 days: At the moment, there are about 6 million DASH in circulation. There would be 84 million Xcoins eventually. Note that in the first hour, 500k Xcoins were mined. Due to the "quick fix" of the bug, not many people expected to launch a few hours after Evan said he would "definitely not" launch in the next hours. 2014-01-19 Right after the launch, there were problems with the window binaries. Evan clearly was mining right from the start, as he offered 5000 Xcoin as a bounty for compiling the binaries. 2014-01-20 After the emission of almost 2 million coins, Evan said that "now that everything is stable, I'll be posting later about the vision of this project and milestones!". Up until this point, only the "X11 hashing algoritm" was a known feature. According to him, it was "time to move on to actually implementing what I set out to do". 2014-01-22 Evan releases his plans for XCoin. At this point, more than 2 million coins were mined. Xcoin rebranded to Darkcoin and eventually to DASH later on. --- Later on, some contradictions surfaced: * The emission schedule changed multiple times. The latest we heard is that the number of coins would be somewhere between 14 million and like 16 million DASH. * Evan said that this project was just a hobby he started while working on a full time job and coded Xcoin in a weekend. * Evan claims there were hundreds of miners if not thousands when Xcoin launched. Recent investigation showed that there were 124 IP addreses that were mining at the start. 115 of those addresses where Cloudhosting and Dedicated Servers, 9 of them seem to be private/users.106 of them were at Amazon AWS and Microsoft Azure cloud instances. --- Conclusions: *Evan isn't acting alone, he had/has a team behind him right from the start. It wasn't a hobby. he had a plan to make a profit. *Evan had plans for his coin right from the start, but didn't release them until after the instamine *1.5 million coins were mined in the first 8 hours. Most of these coin ended up in his (and his friends) hands. It's very likely the 500k in the first hour were only mined by him with cloudhosting services. *He lowered the emission later on, to make his relative share of coins bigger. Evan was looking for c++ devs for a "for profit startup" at the end of 2013 for the launch of an altcoin. How can you make a profit by launching an altcoin (and be sure to be able to pay your devs)? Answer: by premining and/or instamining. How he did it is pretty easy: *telling people the release would definitely not be in the next couple of hours and after that do launch it a few hours later *buggy windows binaries *a "code error" creating 500k coins in the first hour, >1.5 million in the first 8 hours. QUESTION: >How can this be all an accident and NOT be intentional? ANSWER: >by premining and/or instamining. => DASH was clearly a planned instamine (and thus a scam)Okay, that is a pretty convincing argument. I still think coming here and re-posting it over and over again is stupid. I couldn't give a fuck less if Evan was the devil, using DASH to tempt people into eternal hell fire - by doing this, you make XMR look bad. Why should we let noobs buying their first crypto be scammed by the 80% Instamined Dash scamcoin? You see all the effort Dashholes put into making sure critical posts are quickly buried in low quality price speculation, ENORMOUS_CRAPPY_PHOTOSHOPPED_STOCK_IMAGE.PNG, and repetitive copypasta Instamine excuses and rationalization "clarification." There are at least two Dash price speculation threads in the appropriate Price Speculation forum (one Censored by Dash shills, the other not). And yet all the craptacular "zomg the price went [direction]" posts, not even worthy of Polo troll box, go unreported and unmoderated. You made up a non-sequitur assertion about criticism of the Dash Instamine somehow making XMR "look bad" but please note the XMR community is quite scrupulous about keeping price speculation out of the [ANN] thread and keeping the speculation thread fairly well self-moderated. Contrast that to the Dash community, which is either too lazy or simply incapable of keeping their ANN thread signal/noise ratio high, and cannot be arsed to respect theymos' rules by directing low-info trollbox price posts away from the substantive discussion. Using your broken logic (IE lazy/stupid mentation by association) we could infer that your off-topic, non-sequitur WhatAbout-ism makes your mining software look bad. But that would be idiotic, so let's skip that bit.  |
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This forcing to list forked coins ..began with polo and etc.
The rest....BDN system...lols great idea..
end of the day, bcc is here to stay and will be worth alot more than its current value...(BDN or not lol)
You need to stop and reconsider that opinion because it is wrong, despite its popularity in low-to-mid-brow pleb venues like Reddit. ETC is the original and thus *DEFENDING* chain under attack from the controversial Bailout Fork. BTC is the original and thus *DEFENDING* chain under attack from the controversial Jihan/Ver/Garzik vanity fork. You cannot validly compare Polo's continued (and legally obligatory) listing of the *DEFENDING* status quo ETC chain with other greedy exchanges listing the *ATTACKING* fork of Bcash. ETC is opt-out; Bcash is opt-in. Do you see the difference?Coinbase had no business picking the winner in the ETC/ETH fight and Armstrong made a complete fool of himself by declaring the defending chain would simply Go Away Quickly because its persistence is inconvenient for Bailout Edition. Polo was required to list ETC because it is not their place to decide on behalf of customers that the controversial and mutable Bailout Edition should supersede it. lols...thats the btc maxmilists view on etc/eth...fair enough...but thats for another thread  It's not a matter of opinion that ETC is the original Ethereum chain and ETH is the original modified with an opt-in controversial bailout for the DAO. That's a matter of fact, indelibly written in the blockchain for all to see and verify. You don't get to wave that historical fact away by characterizing it as mere BTC maximalist POV. ETC is opt-out and Bcash is opt-in. Please accept that aspect of objective/consensus reality and the rest of my conclusions, being logically entailed, follow naturally. ETC and BTC are the default chains. ETH and Bcash participation is opt-in, requiring affirmative commitment to the attacking chain. So please stop using the stupid Redditard talking point about how exchanges must support Bcash because they supported ETC. That idea reeks of false equivalence and Eternal September greedy noob ignorance. |
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This forcing to list forked coins ..began with polo and etc.
The rest....BDN system...lols great idea..
end of the day, bcc is here to stay and will be worth alot more than its current value...(BDN or not lol)
You need to stop and reconsider that opinion because it is wrong, despite its popularity in low-to-mid-brow pleb venues like Reddit. ETC is the original and thus *DEFENDING* chain under attack from the controversial Bailout Fork. BTC is the original and thus *DEFENDING* chain under attack from the controversial Jihan/Ver/Garzik vanity fork. You cannot validly compare Polo's continued (and legally obligatory) listing of the *DEFENDING* status quo ETC chain with other greedy exchanges listing the *ATTACKING* fork of Bcash. ETC is opt-out; Bcash is opt-in. Do you see the difference?Coinbase had no business picking the winner in the ETC/ETH fight and Armstrong made a complete fool of himself by declaring the defending chain would simply Go Away Quickly because its persistence is inconvenient for Bailout Edition. Polo was required to list ETC because it is not their place to decide on behalf of customers that the controversial and mutable Bailout Edition should supersede it. And what makes you think Bcash will be worth anything when we start using Disruption Nodes to flood active addresses with malleated tx, effectively paralyzing the network at the economic and protocol layers? Since Bcash wants 8mb blocks so bad, I'm willing to spend all my airdropped JihanCoins making sure they get as many huge, difficult or impossible to validate blocks as possible. You see the obvious strategic value in my "Leverage Hostile Forks' Own Airdrops Against Them" technique, but won't follow that approach to its logical conclusion. Why not? My guess is you're still building a Bcash short position and will change your mind when it's ready to cash out. |
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Hows things m8? happy to see your input and views Hi Pumpertits, I've been enjoying (IE been helplessly addicted to) all the usual crypto-drama, especially Roger's "Bcash" vanity project. This elective rage-fork is harmless by itself but set a terrible precedent w/r/t exchanges being forced with invalid 'pregnant cow' analogies to support every shitty airdrop for all time (because muh Fiduciary). All the pressure on Coinbase, etc. does it make it impossible for US-based exchanges subject to lawfare (legal blackmail) to compete with those in less litigious jurisdictions, because they will now forever continue to be pressed into service supporting the latest trendy new contentious hard fork. Thus I propose Bitcoin Core supporters create a Bcash Disruptor Node with the following functionality/UX. 1. Bcash Disruptor Node (indistinguishable from normal node) is installed, synced, and loaded with user's Bcash 2. Easily malleated tx are construed and broadcast with no out-of-pocked expense to user, targeting (exchange?) address with the largest/most active balances 3. Malleated tx construction is accelerated with users GPU 4. Attack Client uses airdropped Bcash to flood network with malleated low/med fee spam tx, forcing exchanges to halt deposits and withdrawals 5. User may select from Slow, Fast, and Random attack speed options for constant, instant, or unpredictable crapflooding fun The more BTC you own, the more damage you get to inflict on Bcash using your free airdropped JihanCoins. The force of the attack is multiplied by the stupidity of eschewing a malleability fix and the power of OpenCL to quickly malleate transactions.  My other idea is to fork Bcash into Bcash2x, which honors Satoshi's Vision (everybody take a shot) by implementing Segwit2x on the Bcash chain, where the egregious heresies of GregStream Corp cannot harm it. |
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2 blocks/day for BTC would be exactly the kind of failure mode which would rally support for an uncontroversial hard fork to either new difficulty adjustment algo or new PoW. But that's not going to happen because the alternative is to use the shoddy Bcash chain, which is so appallingly defective in design that it can be attacked by merely mining it at 'sensitive' times. Let the scope of Garzik's architectural failure sink in for a moment; savor the boundless incompetence of a hastily implemented rage-forked shitcoin design that by application of additional mining power is actually *endangered* rather than additively secured.  Game of Thrones must work very hard to provide us with appropriately epic graphics/memes for the upcoming Bcash Officially #REKT thread... |
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BTC0.17
Am I the winrar? |
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Congratulations to @JihanWu and @rogerkver on the birth of their new shitcoin.  Yikes, Bcash sure is one ugly baby. She looks just like her mother (fuck her if you want fork). |
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Which is the best digital currency out there? We likely won’t come to consensus on that one anytime soon. Cemented by the emergence of the Bitcoin Cash chain split this month, the struggle to be the king of digital cash is more fierce than ever. In my opinion, however, that’s not a struggle that’s worth having for Dash. If it wants to be the reigning digital cash, fighting with the rest of the field isn’t the most efficient way to go.
The field is cluttered
Right now, the collection of coins making a stab at the title of “digital cash king” is growing to a level bordering on absurd. In the top 10 you have the main Bitcoin chain, the fierce newcomer Bitcoin Cash, perpetual “me too” Litecoin, and of course Dash. All claim to be the electronic peer-to-peer cash of the future. Which one is it? Thanks to all that clutter, it’s difficult to tell. The market is how we come to consensus on the best product in a competitive field. Right now, Bcash the 4 day old newborn infant is valued much more highly than Dash, despite Dash having spent the last 4 years on tryhard SEO marketing and shady HYIP solicitations. Dash and Bcash are fighting to be king of instamined and therefore worthless digital trash. Litecoin has segwit but Dash's code is too ancient to support such modern functionality and the Visa-scale ® Lightning features built using it. Bcash is actually mining blocks many times larger than 1mb, but Dash is still stuck at 1mb maximum despite 'voting' for an increase to 2mb (again, due to ancient code limitation of sig validation and lack of even remotely Core-caliber devs). And where is the "DashDrive" that was supposedly going to be ready months ago? Was stealing IPFS code and rebranding it as yet another Duff Original too hard? Will DashDrive be ready before Masternode blinding and IPv6 support?  |
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What the hell? I just got this from one of my masternodes on Vultr: Abuse Team Vultr Staff 2016-04-20 15:13:42 We have suspended your VPS due to information we have received indicating that your account is in violation of our Terms of Service/Acceptable Use Policies, the full text of which is available online at the following URLs for your convenience: TOS - https://www.vultr.com/legal/tos.phpAUP - https://www.vultr.com/legal/use_policy.phpSPAM - https://www.vultr.com/legal/antispam_policy.phpMonitoring showed a large amount of outbound traffic matching an attack profile which triggered suspension. Our services are self-managed and we do not provide assistance for analyzing your traffic. You can use utilities such as tcpdump to investigate traffic patterns/data. Please respond as soon as possible with as much detail as you can provide regarding the activity in question and what you intend to do to ensure it does not occur in the future. If the VPS in question is compromised, you may launch a new one at any time. Instance destruction may occur if we have not heard from you within the next 18 hours. Thank you for your cooperation. -- Complaint Response Team -- What the hell are they talking about? Sorry, NOW YOU FUCKED UP set limitation for connections configure a firewall and set 2 ruls open dash used ports close all port I did all that! The crappy thing is I can't log in, since it's suspended, so I can't even try to check the debug.log or anything. Nor can I see my usage graph. Qwizzie: 1000 GB per month. I've been running MNs for almost two years now with zero problems...it's really bizarre. Plus Vultr basically accuses me of launching an attack? WTF? Running a Dash Masternode is a financial attack on unsophisticated investors (aka Ponzi scheme victims) and violates multiple laws and regulations. Vultr is doing the legally and ethically responsible thing; they do not need/want the legal and PR liability of having illegal Money Service Businesses (including Money Laundering) running on their hardware. All responsible VPS and colo providers should actively monitor their networks for (and ruthlessly suppress) Dash HYIP activity. |
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That was written before the core team decided they could break up the pieces and send some out for bit. There has already been money set aside in the budget system to hire C++ programmers, as well as Java, I think, etc... and they hope to speed up that schedule a lot. How's that "hope" working out for you? Not very well, since DashDrive is now 4 months past its original "March 2017" deadline AND STILL 100% VAPORWARE. Even worse, the MIA "June 2016" vaporware of brain.py and classes.py are nowhere to be found. I bet Duffield is going to steal SIA or STORJ's code, rebrand it to DuffDrive, then attack the original devs when they criticize his shitty broken implementation (because that is EXACTLY what happened with CoinJoin, PrivateSend, and gmax). |
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Whether people like it or not the name change is the trigger for this... Whatever the tech, its all wrapped up in the brand, tech and community.. If google suddenly changed their name to wobble then it would cause some consternation, we are seeing the same...
If the new name does not work out, like other coins Dark will die.. I dont think that will happen, I subscribe to the more positive view, but the risks did just get greater and for some people those risks may not be ones they can tolerate.....
I dont think this is all down to traders....
Lets see what happens..
Oh I am loving this, at these prices more people have access to creating masternodes. Below 3,000 dollars is great pricing I am getting ready to get a couple more MNs. This way new interested investors can create their nodes and no one can say it was too expensive to invest, this is the chance for Average Joe to invest in nodes. How much revenue does a masternode generate a month approx.? I will answer you in terms of DASH ROI, the value in FIAT will of course depend on the price. Requirements In order to run a Masternode, an investor needs to buy 1000 DRK/DASH as collateral. These coins remain in control of the investor, but he needs to put them into one of his addresses and associate that address with the node. The network checks that the node is running and that the funds are not moved, this classifies as a valid Masternode and then it is eligible to get paid. With each mined block on the network a Masternode from the active Masternode list is selected and gets a payment, when all masternodes on the list are paid, the payment cycle starts again. When there are updates in the software the Masternode operators have 7 days to update to the latest version, after that, they are dropped from the active Masternode list and stop getting paid until they update. DASH ROI You can estimate like this: - Currently Masternodes get 40% of the block reward. - The minimum block reward in DASH(DRK) is 4.65 DASH at this moment. I will assume difficulty is high enough so that we are dealing with the minimum reward for a worst case scenario situation, sometimes there are blocks with higher rewards. The minimum DASH block reward decreases by 7% annually to avoid abrupt block halvings, that already happened earlier this year so 4.65 DASH will be valid until next year. - Average block-time in DASH is 2.5 min, so there are ~576 blocks per day. So 576*4.65DASH*40% = 1071.36 DASH alloted for the whole masternode network currently, we need to divide this by the 2300MN active masternodes. This gives us ~Monthly masternode income = 13.97 DASH ~Current Minimum DASH Annual ROI = 17%* *This will change and go up throughout this year as the masternode network reward share will continue to increase each month to incentivize node creation following this schedule:  IMPORTANT: -So in the end it will really be more than my estimation above as the reward share will continue to increase each month until it reaches 60% March 2016. -Having said that the number of Masternodes will also likely increase so I think it is safe to say tha the minimum annual return for a node in DASH should be around 20-25 % -Now the return in FIAT could be a lot more if the coins appreciate in value year to year. - Finally, and very important you always retain control of your 1000DASH and are able to liquidate them at any point you wish, you would then obviously just stop getting paid. I really hopes this helps. When advertising and soliciting sales for a HYIP, it is proper to disclose risks along with the potential rewards. If you're going to offer financial advice at least try to be even-handed about it. The pumper/shill/cheerleader thing isn't a good look. A Ponzi Scheme is a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors. All Ponzi Schemes are destined to collapse. Ponzi schemes and other financial crimes in Phoenix, Arizona can carry serious consequences. If you have been arrested for suspected involvement in an Arizona Ponzi scheme or pyramid scheme, you need a rigorous defense of your rights by a widely-recognized Phoenix law firm. Similarly, if you believe you have been victimized by a Ponzi Scheme we are uniquely equipped to help.
We have a long history of success that has earned us a well-deserved reputation. A pyramid scheme is also known as an "endless chain." It works like this. Someone offers you a quick way to "strike it rich" through their fraudulent business. You invest a certain amount of cash and get others (friends, relatives) to do the same. Your recruits get more people to join, and it continues like a chain letter. The problem is it can't really be "endless" because at some point you won't be able to find anyone else to join. The chain ends. The money stops coming in. A Ponzi scheme is a variation of a Pyramid scam, but the difference is Frank Fraudster is only asking you to invest your money-not recruit anyone else. But instead of paying investors with profits from actual investments, Frank Fraudster pays them with the cash given to him from new investors. When he runs out of new investors, again, everyone loses. Why isn't this a Pyramid scheme? Because investors are unaware of what's happening and don't need to recruit new investors themselves. However, a Ponzi Scheme will fail for the same reason as a Pyramid Scheme. Code Section Penal Code §319-329, specifically §327 (California's Endless Chain Scheme)
What is Prohibited? Contriving, preparing, setting up, proposing, or operating any endless chain scheme.
Type of Crime Felony or Misdemeanor -- varies on nature of the crime.
Punishment State Prison for 16 months, two or three years or up to one year in county jail, probation, fines, restitution, community service. |
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Is Alphabay the only darknet website that accepts Monero as of today? I heard that they are now down and that they might have exited the market, stealing all their users funds. What happens now?
I heard that Wall Street Market is now working with XMR. That would make it the third DNM to add XMR. DNMs really need to decentralize. Hansa is a step in the right direction, and seems to be getting most of the AB diaspora ATM. DNMs really need to decentralize *AND* stop sending/receiving coins that are not named Monero. BTC is okay for internal (IE mulitsig'd escrow) use, but not acceptable for funds entering and exiting the system; inputs and outputs must be sanitized to minimize metadata leakage. I hope the Judge doubles the AB operators' sentences for being so egregiously and obnoxiously stupid as to add Zooko-cash and Vitalik-coin. To all DNM devs reading this: Unless you want to join Ross in a 'don't-drop-the-soap' government rape camp, stop putting yourselves and your users at risk with radically transparent Bitcoin and Bitcoin-based crypto. XMR has a splendid GUI and Android app is in alpha, so there are no more 'but muh learning curve/zomg icky CLI' excuses. If drug-addled junkies, hippies, and ravers can figure out how to use Bitcoin they can damn well spend another couple of hours getting to know Monero. |
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MAY BE JUST A COVER STORY TO PUT PEOPLE OFF THE SCENT OF A.B. BEING TAKEN DOWN, IN FACT, BY THE ZCASH BACK-DOOR... It's called 'constructive knowledge', and is used e.g. when the source of probable cause for a search is such as would disclose methods of evidence collection which LEO'S prefer not to disclose in open court. Sometimes such methods are unlawful. Such parallel construction methods are antithetical to the Right of Due Process, which requires the accused be able to confront his accusers and examine the legal soundness of their methodology. In common law, there is no exception for "LEO preference to not disclose in open court." The powers that be have construed such an exception for their convenience and financial gain (Fed. Judge salary >$200,00k) but in their hearts they know they should be absolutely terrified of the fate that awaits them (and their innocent spouses+children) once the proverbial Saxon is angry. When BTC and XMR hit $100k/coin, there is going to so much remedial self-help Justice dished out that .gov won't be able to pay its robed whores, revenue extraction specialists, and King's men enough to make their overwhelmingly hazardous job conditions worthwhile. |
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LMAO is this the final shark jump for Dash The Instamined Shitcoin? Just look at this lulzy garbage and ask yourself "Where is the code? Where are the github pull requests and merges?" Masterblocks : Moving from soft consensus to hard consensus of masternode list That's an admission the current Masternode scheme is flawed. It also emphasizes the idiocy of piling on additional trusted 3rd party layers to fix underlying issues. What's next, MasterMasterBlocks to ensure the MasterBlocks aren't corrupted? Where is the research/whitepaper/peer review supporting this overcomplicated nonsense? Masternode shares : Allowing depositors to earn returns and vote from partial masternodes HYIP Ponzi scheme confirmed. The SEC and FTC will want a word with Dash's (now exorbitantly compensated) lawyer, who almost certainly advised Evan The Instaminer to flee to Hong Kong (a State with no extradition treaty with the USA) before he's frogmarched into court/prison. Scaling to ultra large blocks : All-inclusive plan for building hardware and software to move from 2MB blocks through 400MB blocks
I myself will be heading up the new office in Hong Kong, called “Dash Labs.” We will immediately begin building proof-of-concepts of custom masternode hardware. Just in case we had any lingering doubts that Dash really and truly doesn't give even the tiniest little shit about decentralization as measured by CONOP! Charging users $150,000 to rise above SlaveNode level wasn't enough; now Evan wants to force users to also purchase from him and host in colo CPU and bandwidth gobbling CancerNodes, all because he doesn't have the skills to scale Dash using Layer 2 solutions like segwit and Lightning. State transitions : Tracking changes to DashDrive WTF does this even mean? Where is the DashDrive whitepaper/peer review validating whatever the fuck this marketing babble represents? Is Evan just going to steal SIA's code and rebrand it as his own broken knock-off version, as he did with DarkSend and gmax's Coinjoin? Network maintenance functions : Using quorum technology to build administrative functions, akin to a decentralized crontab which updates DashDrive. More grandiose claims to have solved longstanding computer science problems using the power of Vaporware; again presented without supporting research or code. Governance objects : All objects required for initial launch are determined and working theoretically to store user information securely and efficiently WTF I can't even...! Is this Evan's attempt to glom onto the present smart contract and distributed identity hype? Or just more gobbledegook to lure in new bagholders? Credit system : A credit/debit system for incremental value charges related to the storage of data and user processing power. So now Evan wants Dash to also compete with Golem? Does he just pull up Coinmarketcap every day and add the latest pump coin's sci-fi alien tech to Dash's roadmap? Underrated post: Because it was forked years ago from an obsolete version of Bitcoin, Dash is tens of thousands of lines of code behind the latest releases and missing 100s of bugfixes, patches, optimizations, etc. Why should anyone believe Evan The Instaminer will deliver on his latest list of blue-sky goals, when he's promised yet not delivered on so many previous announcements? EG, Dash still has no Masternode blinding and the latest release managed to *BREAK* IPv6 functionality. That demonstrates incompetence, not ability to compete effectively against Bitcoin, Litecoin, and Monero. |
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