Sorry, but putting 80% of your portfolio into precious metals/mining is a terrible idea. Maybe it makes sense as some sort of short term play if you feel that there's going to be a serious financial crisis, but even then, 80%?
Gold is going only one direction long term, down. Smart people do not bet against technology.
Gold is going down against what, fiat? I anticipate the US dollar going down from the current high faster than gold (especially as measured against Bitcoin and Monero). Let's remember that the gold standard is a form of technology too, entailing remonetization of our favorite barbarous relic. Technology is only a tool, subject to the whimsical uses and fickle notions of socioeconomic majorities. EG: The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade.
According to the South China Morning Post the new office was part of agreements made between the two neighbours "to seek stronger economic ties" since the West brought in sanctions against Russia over the Ukraine crisis and the oil-price slump hit the Russian economy.
The new central bank office was opened at a time when Russia is preparing to issue its first federal loan bonds denominated in Chinese yuan. Officials from China’s central bank and financial regulatory commissions attended the ceremony at the Russian embassy in Beijing, which was set up in October 1959 in the heyday of Sino-Soviet relations. Financial regulators from the two countries agreed last May to issue home currency-denominated bonds in each other’s markets, a move that was widely viewed as intended to eventually test the global reserve status of the US dollar.
Speaking on future ties with Russia, Chinese Premier Li Keqiang said in mid-March that Sino-Russian trade ties were affected by falling oil prices, but he added that he saw great potential in cooperation. Vladimir Shapovalov, a senior official at the Russian central bank, said the two central banks were drafting a memorandum of understanding to solve technical issues around China’s gold imports from Russia, and that details would be released soon. |
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Coming Soon to Dash: COLLATERALIZED MINING Moar Ponzilicious goodness! Now Miners must also help artificially pump demand for Dash, just for the privilege of helping secure the network. What a great way to create a huge disincentive for anyone to contribute their hashpower. What's next, requiring regular users who want to send or receive transactions to "lock in" a certain amount of Dash?  Oh I know, let's also require posts on the Dash Slack and Forum to "lock in" a certain amount of Dash! Ponzify All The Things!!!  Thats not a bad idea, you'd have to buy some Dash to keep trolling us  Please do not quote the morons. I know you mean well, but I'll quote whatever I like, cheers Why is it so hard to have an intelligent conversation about Dash's collateralized mining feature? Is there any particular reason you guys are trying so hard to avoid discussing it? If collateralized mining is such a great idea, why the reluctance to engage in a conversation about it? Why not move the discussions to other platforms outside of the Bitcoin echo chambers? The reason Dash is about to hit $20 is becaue we all have let the scam build up to this level. And it's up to us as community members to shut it down before alot of people lose alot of money... More on the subject: https://steemit.com/cryptocurrency/@thedashguy/warning-why-i-don-t-trust-the-price-of-dash-nor-the-community-be-careful-folks-invest-wisely-diversifycommunity of heavily invested psychopaths like macroshit? apparently DASH proponents found it deceiving (inflated growth) by locking coins away (masternodes)..now they want miners to lock coins too.. maybe it's a transition to full blown POS? because.. - however DASH price pumps it is still more profitable to mine other coins (POS masternodes got majority of the coins). I remember when LEOcoin switched to POS since nobody is mining that shit anymore haha.. how many DASH is in circulation? How many XMR is in circulation?...think about that folks. anyway..as you said And it's up to us as community members you are probably investors trying to win a gold donkey. or you are simply trying to exploit every possible vector of profit in the coins space.
Is this "Collateralized Mining" scheme still going to happen? Is Evan going to use his 256,000 Instamined coins to make sure nobody else is able to mine Dash? |
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Price of Chilean farmland has just jumped 20%.
Chilean farmland shorts #AMINOREKT |
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By a process of elimination I recommend to my friends and family an allocation of 20% xmr, 30% precious metals and/or cultural artifacts, 20% agricultural real estate (Chile being the top of my list), 10% long equities, 10% East Asia/Pacific bonds, and 10% strategic shorts (sovereign bonds, financial equities esp.) for long term money.
The BTC fork will imply substantial volatility, yes, but that will end soon enough. Underlying global systemic instabilities, however, will persist, compound, indeed explode, with much greater impact, albeit on a longer time-scale. I think speculation time is rapidly coming to a close. It is time for young and old, rich and poor alike to batten down the hatches and shelter from the coming multi-generational storm. Given the extreme dislocations of financial metrics from the norms of millennia past which now prevail, this one may be the single greatest world-historical financial event since the Industrial Revolution, or the Black Death. There will be winners and losers.
Great post. Do you mean direct ownership of (Chilean) farmland or are there ETFs you like for that? My father is almost ready to retire and I want him to take a lump sum because I don't trust the solvency of his pension system any more than the Dallas PD's. Considering this allocation for him: 20% gold bullion 20% silver bullion 16% safe jurisdiction PM miners 24% riskier jurisdiction/high dividend PM miners/royalty streamers 10% high dividend energy 5% Bitcoin 3% Monero 2% Litecoin I guess you'd say 50% long equities is too much exposure to market counterparties/failures? BTW, welcome back!  |
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eh, i just want to say for the record i'm not Monero's CEO... because if i was i would make a lot of changes right now for Monero and their community.
What changes? Would you Instamine 20% of Monero and give Evan 256,000 of them? Or destroy its fungibility so Coinfirm can track all Monero users like farm animals? Or would you put in Masternodes without blinding them so users have to trust the cabal of whales and Instaminers are not spying on them? |
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More importantly, Loaded is doing this publicly to make a statement of support for Core and in condemnation of BU.
This is a lie. Loaded has said that he does not have faith in the BU devs, and in the past he has supported large blocks. He has also reserved the right to back out of the deal if the BU devs were to improve upon themselves. There is no deal to "back out of" if Roger doesn't get his act together and prove he can afford to absorb Loaded's BTU dumps. It's almost time to start posting pictures of giant chickens.  |
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Why? Because of price slippage and relative market volume. More importantly, Loaded is doing this publicly to make a statement of support for Core and in condemnation of BU. Instead of trading anonymously on some exchange, he's putting his money where his mouth is on BitcoinTalk and daring Roger Vermin to respond in kind to his thrown gauntlet. |
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BOOOOOM goes the thermobaric weapon! Evan admits to still owning 256,000 Instamined Dash; claims he's doing it for The Greater Good(tm).  Small wonder Dash is crashing, as Evan's 256k Instamined Dash are liable to be seized by the SEC/IRS/FTC and liquidated at spot market rates. Dash was originally released as XCoin (XCO) on January 18, 2014. On February 28, the name was changed to "Darkcoin." On March 25, 2015, Darkcoin was rebranded as "Dash."[3]
Within the first two days of launch, 1.9 million coins were mined, which is approximately a quarter of Dash's current supply (as of March 2017).[7][8] Creator and lead developer of Dash, Evan Duffield, attributed the so-called "instamine" to an error in the code "which incorrectly converted the difficulty, then tried using a corrupt value to calculate the subsidy, causing the instamine."[9] Once the problem was resolved, Evan offered to relaunch the coin without the instamine, but the community overwhelmingly disapproved. He then suggested an "airdrop" of coins in order to broaden the initial distribution. The community also disapproved of this proposal. As such, the initial distribution was left alone and development of the project continued.
At the time Dash (then called Xcoin) was launched, the cryptocurrency space was riddled with scams. People were creating new currencies, hyping their value, then dumping them and abandoning the project. Many likely feared the same for Dash. They were wrong(there fixed it).
Straight from the Dash wikipedia page! Hilarious!
Its all true...we the community voted to not relaunch, I was one of them. Your point? That is a big fat lie, as told by a big fat thug. Duffiled never held a vote on a "relaunch." What he (sort of, kind of) did was hold a straw poll on A SHITTY HAREBRAINED AIRDROP. Do you understand the difference between a RELAUNCH and an AIRDROP? Of course you do, but you try to conflate the two and confuse noobies regardless, which is why you are a big fat scam shilling thug. Evan clearly wanted to deflect, discourage, and diffuse support for a relaunch so he took that reasonable/rational option off the table and replaced it with some convoluted airdrop nonsense, which naturally failed to garner sufficient support as it did not actually address and fix the problems only a relaunch would remedy. The community ONLY voted against an AIRDROP. The community NEVER voted against a RELAUNCH.It's disgusting you keep pretending those two utterly distinct concepts are interchangeable. May your cellar be colonized by brettanomyces and all your corks be tainted.  Now now...no need to get personal and bring the wine into it. Thats just not nice! And here I thought you had me on Ignore. Did you click out of morbid curiosity or what? It's cute that you just can't quit me. But you're right, I shouldn't have gotten personal and brought the wine into it. Cheers! Now that we're on speaking terms again, would you care to address the question of why you are pretending Dash's proposed airdrop was the same thing as a fair relaunch? |
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iCEBREAKER you are a DASH master today!
Bahahahaha. Randomization seemingly has a sense of humour. Holy shit those tags are funny! Dashmaster Ice. Lawl Maaaan WTF. "Dash flunky" :/ also, "Golem advocate"  ?? Never touched that shit in my life. Is this some april fools shit? lol thank Theymos - yes.. it's all random and stupid - happy fool's day! Once again our thermos keeps it hot in here for April 1. His annual pranks keep getting better! ^.^ |
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OK it seems people are uninterested in the Markka (CK) pump.
Is there any way I can help you to make it possible to short it?
Is registering to Crypto Kingdom (takes about 2 minutes) a too big difficulty if you want to make a killing (not!) shorting Markka (it has pumped +1000% in 5 weeks now)?
Why is CK going off the XMR standard? Doesn't that make Markka fiat, like WoW Gold? If Eulora can keep using their BTC-based economy, why can't CK stay on XMR? |
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BOOOOOM goes the thermobaric weapon! Evan admits to still owning 256,000 Instamined Dash; claims he's doing it for The Greater Good(tm). Small wonder Dash is crashing, as Evan's 256k Instamined Dash are liable to be seized by the SEC/IRS/FTC and liquidated at spot market rates. Dash was originally released as XCoin (XCO) on January 18, 2014. On February 28, the name was changed to "Darkcoin." On March 25, 2015, Darkcoin was rebranded as "Dash."[3]
Within the first two days of launch, 1.9 million coins were mined, which is approximately a quarter of Dash's current supply (as of March 2017).[7][8] Creator and lead developer of Dash, Evan Duffield, attributed the so-called "instamine" to an error in the code "which incorrectly converted the difficulty, then tried using a corrupt value to calculate the subsidy, causing the instamine."[9] Once the problem was resolved, Evan offered to relaunch the coin without the instamine, but the community overwhelmingly disapproved. He then suggested an "airdrop" of coins in order to broaden the initial distribution. The community also disapproved of this proposal. As such, the initial distribution was left alone and development of the project continued.
At the time Dash (then called Xcoin) was launched, the cryptocurrency space was riddled with scams. People were creating new currencies, hyping their value, then dumping them and abandoning the project. Many likely feared the same for Dash. They were wrong(there fixed it).
Straight from the Dash wikipedia page! Hilarious!
Its all true...we the community voted to not relaunch, I was one of them. Your point? That is a big fat lie, as told by a big fat thug. Duffiled never held a vote on a "relaunch." What he (sort of, kind of) did was hold a straw poll on A SHITTY HAREBRAINED AIRDROP. Do you understand the difference between a RELAUNCH and an AIRDROP? Of course you do, but you try to conflate the two and confuse noobies regardless, which is why you are a big fat scam shilling thug. Evan clearly wanted to deflect, discourage, and diffuse support for a relaunch so he took that reasonable/rational option off the table and replaced it with some convoluted airdrop nonsense, which naturally failed to garner sufficient support as it did not actually address and fix the problems only a relaunch would remedy. The community ONLY voted against an AIRDROP. The community NEVER voted against a RELAUNCH.It's disgusting you keep pretending those two utterly distinct concepts are interchangeable. May your cellar be colonized by brettanomyces and all your corks be tainted. |
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Evan feels sorry for the shorts then deletes it instantly No talent instaminers should just keep quiet What a shame for Dash's leader to act so stupidly on the day of their scam HQ fiesta.  My Dash shorts are so far in the money it almost feels like I'm Instamining BTC. |
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Just a reminder. SegWit is a transaction limit proposal, and if activated it will be much harder to increase transaction capacity on chain knowing that post SegWit increases comes with 4X the block weight.
No, that's wrong. By fixing tx malleability, segwit enables payment channels like Lightning Network, which may support unlimited numbers of instantly confirmed on-chain transactions. |
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I'm about to pull out of Dash at this rate - Its performing so poorly against the competition.
lol. I feel bad for those short today. I'm short again, I sense fear in Duff. His quick comment and deletion was the first hint. What an utter scumbag. Compare:
coblee@LTC "Don't buy Litecoin, it very risky"Fluffy@XMR "Don't buy Monero, it's a Pony Scam"escamfield@DASH "Buy all the Dash you can because it's LITERALLY going UP to the MOON!!1!"'member that time escamfield used his crappy TA skills to predict a Dash pump, only to be humiliated as the market went the opposite direction? No wonder he deleted his latest potentially incriminating scam pumping post. Comon on if i compare LTC vs Dash... Even with instamining is something new masternodes/mixing/instantdsend/governance (miners don't take main decisions) TC is just pure copy of BTC with some tweaked numbes you can go for digitalcoin/beecoin/doge and result will be same. I have never prise DASH but comparing DASH to LTC is offend. LTC is contoled by China minning cartel ... That China mining cartel will bring GREAT future to LTC like to BTC fucking stagnation. Miners goal are higher fees so it will be fucked by Dash. While LTC will spend money on mining Dash nodes will move dev tax to some progress. After that pump DASH will recover six months but fair value os for sure over DASH to me. https://bitinfocharts.com/comparison/transactions-btc-eth-dash-ltc.htmlLTC keep 3000-4000Tx/day while DASH moved from 1200>8000 tx/day so numbers are with DASH sorry. That's all wrong. You don't understand what having SEGWIT means for LTC, nor what lack of SEGWIT entails for Dash. SEGWIT enables payment channels like Lightning Network, which safely provide instant confirmation and unlimited tx/day, without requiring Dash's Masternode HYIP. SEGWIT also enables many other awesome new forms of technology, which are ultimately superior to Dash's lame try-hard social media marketing campaigns. Good catch. We can't let them get away with this and must try to stop it before more low-information, non-accredited lower-middle class retail investors are bamboozled. X-posted Evan's self-incriminating and damning evidence of his guilty conscience where relevant, here https://bitcointalk.org/index.php?topic=999084.msg18397386#msg18397386and here https://bitcointalk.org/index.php?topic=1820428.msg18397376#msg18397376. |
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ITT, Evan The Instaminer indulges in some insider trading by warning against shorts trying to ruin the opening of his Scam Headquarters. I'm about to pull out of Dash at this rate - Its performing so poorly against the competition.
lol. I feel bad for those short today. |
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Nah, journalists are too stupid to even understand what that means. They even sell bitcoin as an anonymous coin. DASH is a centralized coin with low liquidity in the hands of a single guy, mimicking as a great distributed crypto currency, improved over bitcoin (not difficult), and know what ? That propaganda works as hell. People love to fall for this kind of stuff. What is even greater, is that DASH can pose as a coin that used to be criminal, and now has seen the light and is on the side of the nice guys ; redemption. Only a small and insignificant number of smart people know how fake it is, but they don't matter. The BIG problem for DASH is something totally different: it is an illegal security that doesn't pass the Howey test.If I were Evan, I would cash out before, flee to an exotic place, change name and live a rich-man's life in anonymity. (hence, not use DASH, with its fake anonymity ) Here's ammo. The form takes about 5 minutes to fill out, but requires a lawyer's contact info (but there is a reward for those that dashtards claim are butthurt). Evan Duffield is located in AZ, but couldn't find a street address. His email is evan@dash.org What's bad for dash is they need to make evidence to gain more noobs--this cluster of shillocracy took about 10 minutes to gather. The ROI investment sheets are likely the most damning. https://dash-news.de/dashtv/https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=24019061https://web.archive.org/web/20170312191741/https://www.node40.com/2016/05/19/dash-masternode-financial-reports-preview.htmlhttps://web.archive.org/web/20160520195030/http://dashpaymagazine.com/index.php/2016/05/19/dash-masternodes-study-rising-crypto-bonds-future/https://imgur.com/kHW81Vc http://dashdetailed.com/2017/01/25/happy-birthday-mr-juggernaut/ Great work. This may help as well. http://web.archive.org/web/20160812163647/http://www.d10e.org/agenda ITT, Evan The Instaminer indulges in some insider trading by warning against shorts trying to ruin the opening of his Scam Headquarters. I'm about to pull out of Dash at this rate - Its performing so poorly against the competition.
lol. I feel bad for those short today. |
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I'm about to pull out of Dash at this rate - Its performing so poorly against the competition.
lol. I feel bad for those short today. I'm short again, I sense fear in Duff. His quick comment and deletion was the first hint. What an utter scumbag. Compare:
coblee@LTC "Don't buy Litecoin, it very risky"Fluffy@XMR "Don't buy Monero, it's a Pony Scam"escamfield@DASH "Buy all the Dash you can because it's LITERALLY going UP to the MOON!!1!"'member that time escamfield used his crappy TA skills to predict a Dash pump, only to be humiliated as the market went the opposite direction? No wonder he deleted his latest potentially incriminating scam pumping post. Comon on if i compare LTC vs Dash... Even with instamining is something new masternodes/mixing/instantdsend/governance (miners don't take main decisions) TC is just pure copy of BTC with some tweaked numbes you can go for digitalcoin/beecoin/doge and result will be same. I have never prise DASH but comparing DASH to LTC is offend. LTC is contoled by China minning cartel ... That China mining cartel will bring GREAT future to LTC like to BTC fucking stagnation. Miners goal are higher fees so it will be fucked by Dash. While LTC will spend money on mining Dash nodes will move dev tax to some progress. After that pump DASH will recover six months but fair value os for sure over DASH to me. https://bitinfocharts.com/comparison/transactions-btc-eth-dash-ltc.htmlLTC keep 3000-4000Tx/day while DASH moved from 1200>8000 tx/day so numbers are with DASH sorry. That's all wrong. You don't understand what having SEGWIT means for LTC, nor what lack of SEGWIT entails for Dash. SEGWIT enables payment channels like Lightning Network, which safely provide instant confirmation and unlimited tx/day, without requiring Dash's Masternode HYIP. SEGWIT also enables many other awesome new forms of technology, which are ultimately superior to Dash's lame try-hard social media marketing campaigns. |
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I wonder who the fuck buys shitcoins like litecoin while spectacular coins like DASH do exist on the horizon ..another Pump and Dump well organized scheme!! Waiting for the exchange announcement and Dash to the moon!!!
Instead of raging and screaming about some giant conspiratorial "well organized scheme" let's consider the fundamentals which differentiate Litecoin from Dash. Litecoin is much older and has a more powerful/secure ASIC PoW network than Dash. Litecoin keeps up to date with hot new features like SEGWIT, while Dash can't even keep up with RBF/CPFP and breaks simple yet crucial things like IPv6 compatibility. Litecoin is going to have working payment channels like Lightning soon, thanks to SEGWIT. That means InstantX, Masternodes, and Evolution are obsolete digital trash. Litecoin's creator has DNA from MIT & Google, while Dash's has a sketchy background in finance and a 2 year mail-order degree in web marketing from University of Phoenix. Litecoin's cobblee does not shill for and pump LTC; Dash's Duffield frequently advertises his project as a legitimate investment without disclosing the risks involved. Litecoin was not 20% Instamined in the first 2 days; Dash was. Litecoin never cut total emission to further enrich early miners; Dash did. Litecoin does not require trusted 3rd party security holes; Dash makes SlaveNode users the playthings of Masternode Ponzi participants. Litecoin doesn't have to keep changing its name like a disgraced over-diluted pink sheet stock; Dash does. Litecoin is supported by Coinbase and Kraken; Dash is considered a scam and despised by most of the crypto community, and thus will never trade on those exchanges. Litecoin prioritizes technology over marketing; Dash does the opposite. Litecoin has a bus factor >>1. Dash keeps losing devs who get wise to Evan 'The Instaminer' Scamfield's long con: DASH - the Original and Biggest Scam of all - I mean Paycoin was a $20,000,000 scam and these guys with Dash are cashing out "Interest" daily -- this will definitely top the Paycoin Scam
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-if you are comfortable with speaking, dub (otherwise transcribe) into Russian fluffypony's best speeches (esp. Tone's Dash scam interview ) That was Monero marketing at its finest. Good luck Yes, exactly. We need to translate the Tone/Fluffy podcast so Russian speaking DashHoles may also be butthurt about it and cry moar. |
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