Be even more carefull around DeFi contracts, as they have fees that can go up to $100

Link : https://cointelegraph.com/news/99-gas-fees-on-ethereum-are-crippling-defis-growth

Here is a little preview of things to come :

Dash Dapps - Demoing Community Development on EvoNet
https://www.youtube.com/watch?v=yy8gO1C8fTs

Dash Platform and its Dapps will be a game-changer. It will not only speed up adoption for Dash, it will also prepare the way for mainstream adoption as Dash Platform focus on making things
much more easy for users and merchants while using a decentralized api (first one ever developed). This decentralized api (DAPI) together with Dash Drive (decentralized storage space
on masternodes servers) lets you create and store your identity and username on the blockchain and access your stored data from anywhere and from any device. Coupled with Dash transactions that are settled
(sent, received and spendable) within seconds and protected against double spending, will make Dash a powerful decentralized transactions & dapps focused network with very low transaction fees ($0.004 cents on average).

I am really getting excited about the Dash dapps development and can't wait to see what Dash Dapps we will have in a few years and which one
will be the 'killer' Dapp among Dash users.

Dash Twitter Dapp ?
Dash Facebook Dapp ?
Dash Messaging Dapp?
Dash Ethereum-Linking DeFi Dapp ?

These are all possible and will be completely decentralized, with no way of censorship or deletion in any way.

Are you a developer ? Come join us and help build the next generation apps : https://www.dash.org/developers/
There are open bounties for developers too : https://trello.com/b/FPJzDcok/dash-bounty-board

This thread is getting crowded with poets  

According an old Roman friend of mine a picture is a poem without words, so i am just going to leave this picture behind and let you all find the poem :



If pictures are indeed poems without words, i sure did a lot of poetry in here over the years thanks to imgur

Looks like a good price to make an entry to me. It does require you to have patience and information about Dash.
The information part i can give you :

https://www.dash.org/roadmap/
https://newsroom.dash.org/
https://blog.dash.org/


Source : tradingview

Dash Core Group found a possible problem with our circulating supply growth rate growing too fast over the years and continue growing too fast in the nearby future,
causing high circulating supply inflation and decreasing Dash chance of staying competitive in the crypto space. This circulating supply growth rate and inflation is hit hardest on Dash users
and less on masternode operators & miners (as they keep receiving part of the blockrewards). For users it simply means that Dash growing circulating supply growth rate is diluting their Dash over time.
More dilution in the early years, less dilution in later years. But users keep getting hit hardest.

Dash emission schedule will reduce our circulating supply growth and circulating supply inflation naturally over time, but it will take at least 10 years before Dash emission rate will reach a level on par
with other competing crypto projects. Crypto projects that either have much older blockchains (Bitcoin, Bitcoin Cash) so they have a low circulating supply growth rate by now or because their unique
emission schedule got them to that level much more early (Monero : 90% already mined, causing a very low circulating supply growth rate).

Best solution for Dash without rocking the boat too much (meaning without going full Proof of Stake or without messing with our emission rate schedule directly) :
Improve Dash Store of Value, by adjusting the blockrewards allocation split where more of blockrewards go to masternodes (+9%) and less go to miners (-9%).

Link :

Dash Core Group Presentation on Dash Economics
https://www.youtube.com/watch?v=hUf76R2V3pY

The rational behind this is that this will give an incentive for investors to buy more Dash collateral (1000 Dash) to setup new masternodes, which will then reduce the circulating supply as more and more Dash collateral
is parked on a cold wallet address / hardware wallet address somewhere long term. Once the blockreward reallocation has been fully processed in 4 or 5 years, we will have less a problem with our
circulating supply. That is the working theory at least. If this theory is correct, more masternodes will be setup, number of masternodes will grow and the interval between masternode
payments will increase too (it is currently at 8.5 days). Ultimately this will lead to a situation where masternode operators receive less masternode payments over time, but with higher Dash amounts to compensate.

This is all intended as a temporary solution (a quick fix solution) in order for Dash to circumvent a limited period in our emission schedule (next 5-10 years), that will continue to cause
high circulating supply growth rate problems.

I don't see an exit pump in this, i see an attempt to control our circulating supply growth rate for a limited time period (5-10 years), an attempt to negate the effects it has on our circulating supply.
In 10 years this will not matter because Dash emission rate schedule will have brought the circulating supply growth rate and inflation percentage down anyways. Which means we could either do
nothing and let the emission schedule play out its natural course for the next 10 years or we can try to circumvent some of that for a limited period of time by changing the blockreward allocation split.

Dash Core Group choose to initiate a discussion about the last and created a decision proposal about that.
The masternode operators backed that decision proposal massively.

Link : https://www.dashcentral.org/p/decision-proposal-block-reward-reallocat

 
Old blockreward allocation split  : 45% masternodes / 45% miners / 10% budget
New blockreward allocation split : 54% masternodes / 36% miners / 10% budget

Dash Core Group will also introduce a new decision proposal within a month, that contains the following :

Blockreward reallocation split of 48% Masternodes / 32% Miners / 20% Budget.
All leftover funding of that 20% budget gets distributed to both masternodes and miners in a 60 / 40 ratio.

I am feeling less optimistic about that decision proposal, i rather see the new blockreward  allocation split not changed
and any leftover funding of the 10% budget getting distributed to masternodes and miners in a 60 / 40 ratio.

Hopefully that option will be presented as well.

Quick headsup :

Dash price : 0.008404 / $99,75
Price increase over the last 24 hrs : 6,39%

i am not defending a post that is just riddled with personal opinions and numbers that don't make any sense.
You are, toknormal. All in an effort to redirect attention to your all-explaining market theory that is lacking supportive
evidence.

Comes across as a bit desperate. Also does not explain why miners would choose masternodes with lower ROI over
staking on exchanges with higher ROI, for an additional revenue stream.

I guess you gonna ignore that too.

Still waiting on the evidence to support the claim that Binance whole sum of Dash is about 8000 coins.

@toknormal : since you are so anxious to defend his post, please explain that to us.

While you are at that please also explain why miners would choose to setup masternodes with lower ROI over staking on exchanges with much higher ROI ?

Exchanges staking Dash

https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcb (7,12% annual)
https://dashnews.org/smart-valor-swiss-cryptocurrency-exchange-offers-staking-rewards-for-dash-users/ (6,9% annual)
https://www.bitmart.com/staking/en (8% annual)

Masternode hosting

** https://www.stakingrewards.com/earn/dash (5,65% annual)

If i were a miner and interested in creating an additional revenue stream for myself, i would just stake on Bitmart, Smart Valor or Binance.
1000 Dash collateral not needed, paying server costs not needed and way more profits.

It would be nice if people were actually making valid points or valid claims with evidence supporting it.
Instead of throwing around a bunch of personal opinions and displaying their subjective view on things.


Still waiting on the evidence to support the claim that Binance whole sum of Dash is about 8000 coins.

I see that broken clock is still ticking away

tik - tok - tik - tok - tik - tok

Also i am pretty sure by now that broken clock will never ever admit to being so very wrong with its market theory.
Even when Dash passes Monero in marketcap.

That is sad, but not totally unexspected. Broken clock after all even contemplated forking Dash.
I guess we will be stuck with this broken clock for quite some time.

30M Time interval

Source : https://cryptowat.ch/charts/HITBTC:DASH-BTC?period=30m

1D Time Interval

Source : https://cryptowat.ch/charts/HITBTC:DASH-BTC?period=1d

Dash price getting closer to 0.008848 BTC, will Dash flip it into support and break into 0.009 BTC ? Stay tuned.....
Bitcoin Marketcap Dominance : 58,3%

Where exactly did you get your information that Binance whole sum of Dash is about 8000 coins ?
And are you aware that Dash locked savings on Binance removes the locked Dash from Binance users spot accounts and temporarily store them somewhere else ?


I heard people ask this question before way way back in 2014 and i am sure people will ask it again, whenever the Dash price is low or under pressure.

Just your opinion, and not a very logical opinion if you ask me.

Miners will then have to invest in : mining equipment, paying for electricity, paying for the Dash collateral of 1000 Dash, paying for server costs.
More miners operating masternodes would naturally lead to more resistance to budget proposals that are acting against the miners interest.
There are no signs that is happening. The Dash Core Group blockreward reallocation decision proposal showed overwhelming masternodes support for reducing mining rewards.

Not to mention that you can't posses masternodes in equal or bigger percentage of your part in hashrate, as masternodes are restricted to a 1000 Dash collateral.
Even staking on exchanges* is more profitable these days, then setting up a Dash masternode **.

*  

https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcb (7,12% annual)
https://dashnews.org/smart-valor-swiss-cryptocurrency-exchange-offers-staking-rewards-for-dash-users/ (6,9% annual)
https://www.bitmart.com/staking/en (8% annual)

** https://www.stakingrewards.com/earn/dash (5,65% annual)

Miners could of course try one of the many shared hosting services out there (no 1000 Dash collateral restriction), but then they would have to place trust in that shared hosting service provider
by sending that provider their collateral Dash amount and still be less profitable then staking on an exchange. I really don't see the attraction for miners there either.

The Dash project started 18th of January 2014
I invested in Dash 4 months later (May 2014) and became a masternode operator pretty soon after that.  That is also when i became involved with Dash testnet,
Dash forum and this Bitcointalk forum. As a masternode operator i voted yes on this first budget proposal, as i saw marketing and promotion value for Dash.
It just happened to also be a rare and good opportunity to see some of the Dash Core Group members in real life and shake hands with them.  

It was in my own country, and i live near Amsterdam. Easy decision to make 

Yep. I still remember going to Dash first (budget funded) conference in The Netherlands (Amsterdam) early 2015.
It was a Bitcoin-organised weekly meet-up that would also let Altcoin projects give a presentation there, which is what Dash (Evan Duffield and some other team members) was doing there.
I remember the Bitcoin organizer being so impressed with Dash growth and marketcap of 14 million USD at the time, that he specifically mentioned it in his Dash introduction.

Now Dash has a marketcap of 919 million USD and made all these technical advancements, integrations, expansions and partnerships. Dash userbase has also grown considerably since 2015.
It is almost surreal if you think about it, how fast things can move in this crypto space.

Lets be clear here, if Dash continues performing as it has been performing since January 2020 through long term upward momentum and at some point passes Monero in marketcap
(or passes any other PoW project that Dash according toknormal has been underperforming to), then toknormal's whole market understanding and how Dash fits in there,
will have proven to be completely and totally wrong. And all his posts about it (which were nothing more then unproven assumptions anyways), will have been incorrect from the start.  

There is no dodging that, no blaming it on some accidental spike.
The question is, will he acknowledge that when that happens ?

  

Dash price having another attempt at breaking into the 0.009 range / $110+ ? Stay tuned ..


Source : https://cryptowat.ch/charts/HITBTC:DASH-BTC?period=1d


Source : https://cryptowat.ch/charts/COINBASE-PRO:DASH-USD?period=1d

Here is a Dash chart on a monthly time interval, to put things in perspective, long term  :


Source : tradingview

Long term, Dash still has a long way to go. I see this upward momentum easily stretch into 2021.
At this point i am just waiting for a MA cross on the monthly chart.
I believe that will be the time when the real fireworks starts for Dash.

He is the receiver, not the sender. It is literally in very big red letters stated above your post.

With current gas fees ? What can one do, but to keep it in the wallet ? Specially if that 1 ETH comes from a DeFi smart contract, where additional fees can run up to $100


Link : https://cointelegraph.com/news/99-gas-fees-on-ethereum-are-crippling-defis-growth

And it is official : New ATH in number of active masternodes



Onwards and upwards towards 5000